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Managerial Economics 8e P » (8th Edition)

Book cover image of Managerial Economics 8e P by Truett

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

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Author Biography: Truett

Book Synopsis

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.

Table of Contents

Pt. 1The Firm and Its Environment1
1Introduction, Environment, and Methodology2
2Revenue of the Firm20
3Topics in Demand Analysis and Estimation74
Pt. 2Production, Cost, and Profit Maximization121
4Theory of Production122
5Cost of Production164
6Profit Analysis of the Firm217
7Linear Programming and the Firm251
Pt. 3Markets and the Behavior of the Firm289
8Perfect Competition and Monopoly: The Limiting Cases290
9Monopolistic Competition, Oligopoly, and Rivalrous Market Structures320
10Selected Topics in Pricing and Profit Strategy363
11Economic Forecasting413
12Factor Markets and Profit-Maximizing Employment of Variable Inputs446
Pt. 4Analysis of Project Decisions481
13Fundamentals of Project Evaluation482
14Risk in Project Analysis516
Pt. 5The Firm and the Public Sector561
15Economics of Public Sector Decisions562
16Legal and Regulatory Environment of the Firm594
17The Firm and the Future622

Subjects