000 02145nam a22001937a 4500
005 20240210133145.0
008 240210b |||||||| |||| 00| 0 eng d
020 _a9788131519424
082 _a338.5024658
_bHIR
100 _aHirschey, Mark
_915593
245 _aManagerial economics
250 _a12th
260 _bCengage Learning
_aDelhi
_c2023
300 _axvii, 836 p.
365 _aINR
_b850.00
520 _a'The economic concepts presented in MANAGERIAL ECONOMICS, 12e , show students how to use common sense to understand business and solve managerial problems. This innovative text helps students develop and sharpen their economic intuitionan invaluable skill that helps students, as future managers, decide which products to produce, costs to consider, and prices to charge, as well as the best hiring policy and the most effective style of organization. With its unique integrative approach, the text presents the firm as a cohesive, unified organization and demonstrates that important business decisions are interdisciplinary. A basic valuation model is constructed and used as the underlying economic model of the firm each topic is then related to an element of the value maximization modela process that shows how management integrates accounting, finance, marketing, personnel, and production functions. The text also provides an intuitive guide to marginal analysis and basic economic relations. Once students grasp the importance of marginal revenue and marginal costs, the process of economic optimization becomes intuitively obvious. In addition, a wide variety of examples and simple numerical problems vividly illustrate the application of managerial economics to a vast assortment of practical situations. By studying the material in MANAGERIAL ECONOMICS, 12e, those seeking to further their business careers learn how to more effectively collect, organize, and analyze information. They gain powerful tools that can help them become more successfuland satisfiedin their careers. (https://www.cengage.co.in/book-list/print/managerial-economics-rr)
650 _aManagerial economics
_915588
942 _cBK
_2ddc
999 _c5940
_d5940