Authors: Truett, Dale B. Truett, Truett J. Lila, Dale B. Truett
ISBN-13: 9780470009932, ISBN-10: 0470009934
Format: Paperback
Publisher: Wiley, John & Sons, Incorporated
Date Published: January 2006
Edition: 8th Edition
Truett and Truett's Eighth Edition shows how to use economic analysis to solve problems and make effective decisions in the complex world of business. The highly successful problem-solving approach, clear and accurate presentation of economic theory, and outstanding cases combine to make the best presentation of managerial economics yet.
* Walks readers step by step through specific types of problems, including elasticity calculations, cost minimization, and profit maximization.
* Shows how real-world firms have addressed issues discussed in the book.
* Emphasizes the global aspects of managerial economics and its application in the international marketplace.
Pt. 1 | The Firm and Its Environment | 1 |
1 | Introduction, Environment, and Methodology | 2 |
2 | Revenue of the Firm | 20 |
3 | Topics in Demand Analysis and Estimation | 74 |
Pt. 2 | Production, Cost, and Profit Maximization | 121 |
4 | Theory of Production | 122 |
5 | Cost of Production | 164 |
6 | Profit Analysis of the Firm | 217 |
7 | Linear Programming and the Firm | 251 |
Pt. 3 | Markets and the Behavior of the Firm | 289 |
8 | Perfect Competition and Monopoly: The Limiting Cases | 290 |
9 | Monopolistic Competition, Oligopoly, and Rivalrous Market Structures | 320 |
10 | Selected Topics in Pricing and Profit Strategy | 363 |
11 | Economic Forecasting | 413 |
12 | Factor Markets and Profit-Maximizing Employment of Variable Inputs | 446 |
Pt. 4 | Analysis of Project Decisions | 481 |
13 | Fundamentals of Project Evaluation | 482 |
14 | Risk in Project Analysis | 516 |
Pt. 5 | The Firm and the Public Sector | 561 |
15 | Economics of Public Sector Decisions | 562 |
16 | Legal and Regulatory Environment of the Firm | 594 |
17 | The Firm and the Future | 622 |