Managerial Economics in a Global Economy

By Dominick Salvatore

Book Overview

Reflecting the highly globalized nature of tastes, production, labor markets, and financial markets in today's world, Managerial Economics in a Global Economy, Eighth Edition, presents the theory of the firm as a unifying theme to examine the managerial decision-making process. Adopting a global perspective, it synthesizes economic theory, decision science, and business administration studies, examining how they interact as a firm strives to reach optimal profitability and efficiency in the face of modern constraints.

Features

* Integrates examples, data, and theories on the international ramifications of managerial decisions into the entire text, rather than segregating the material in a separate chapter
* Incorporates 127 case studies, showing how firms actually reach managerial decisions today
* Offers instructors maximum flexibility with a modular structure that is suitable for both full-term and briefer courses, and can be used with or without calculus
* Includes a robust instructor ancillary package for adopters

• Format: Hardcover
• Language: English
• ISBN: 0199397120
• ISBN13: 9780199397129
• Release Date: July 2014
• Publisher: Oxford University Press
• Length: 756 Pages
• Weight: 3.08 lbs.
• Dimensions: 9.8" x 7.8" x 1.5"

Customer Reviews

Fairly Useful Refresher for a Graduate Level Student.

To be fair to the true value of the book, I would like to say that this book is a very useful, concise and all-round assortment of all the pre-existing economic concepts and techniques in their simplest and the most intuition-friendly form. An undergraduate reader might find it a little challenging, but for a graduate level reader already seasoned in every aspect of economics, this would not only be an easy reading, but a very clear and insightful guide to economic rationale behind the theories they had taken for granted w/o giving its practical application much thought.The beauty of this book for a graduate student, I think, is not in the treatment of highly advanced and feindishly complicated top of the line economic theories, but in the simple and insightful plain-langauge treatment of all the technical aspects of economics commonly and conventionally practiced in the economics discipline.The value of this book for an undergraduate student majoring in economics or business may not be immediately evident w/o working hard at it, but rather would probably be appreciated a lot later when they are more comfortable w/ matrix algebra, calculus and econometrics.Overall I rate this book a rare piece that balances well in the middle of the road between both graduate and undergraduate level audiences.

Fairly Useful Refresher for a Graduate Level Student.

To be fair to the true value of the book, I would like to say that this book is a very useful, concise and all-round assortment of all the pre-existing economic concepts and techniques in their simplest and the most intuition-friendly form. An undergraduate reader might find it a little challenging, but for a graduate level reader already seasoned in every aspect of economics, this would not only be an easy reading, but a very clear and insightful guide to economic rationale behind the theories they had taken for granted w/o giving its practical application much thought.The beauty of this book for a graduate student, I think, is not in the treatment of highly advanced and feindishly complicated top of the line economic theories, but in the simple and insightful plain-langauge treatment of all the technical aspects of economics commonly and conventionally practiced in the economics discipline.The value of this book for an undergraduate student majoring in economics or business may not be immediately evident w/o working hard at it, but rather would probably be appreciated a lot later when they are more comfortable w/ matrix algebra, calculus and econometrics.Overall I rate this book a rare piece that balances well in the middle of the road between both graduate and undergraduate level audiences.