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Principles of Business Economics

Principles of Business Economics PDF Author: Joseph G. Nellis
Publisher: Pearson Education
ISBN: 9780273693062
Category : Business & Economics
Languages : en
Pages : 421

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Book Description
The second edition of this highly successful 'Principles of Business Economics' gives undergraduates, MBA students or aspiring managers a clear and concise text that covers all aspects of an introductory course in microeconomics. Core concepts are covered whilst keeping technical jargon and mathematics to a minimum.

Principles of Business Economics

Principles of Business Economics PDF Author: Joseph G. Nellis
Publisher: Pearson Education
ISBN: 9780273693062
Category : Business & Economics
Languages : en
Pages : 421

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Book Description
The second edition of this highly successful 'Principles of Business Economics' gives undergraduates, MBA students or aspiring managers a clear and concise text that covers all aspects of an introductory course in microeconomics. Core concepts are covered whilst keeping technical jargon and mathematics to a minimum.

Principles of Managerial Economics

Principles of Managerial Economics PDF Author: J. Ronnie Davis
Publisher: Prentice Hall
ISBN:
Category : Business & Economics
Languages : en
Pages : 559

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Book Description


Managerial Economics

Managerial Economics PDF Author: Donald N. Stengel
Publisher: Business Expert Press
ISBN: 1606492209
Category : Business & Economics
Languages : en
Pages : 150

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Book Description
Economic principles inform good business decision making. Although economics is sometimes dismissed as a discourse of practical relevance to only a relatively small circle of academicians and policy analysts who call themselves economists, sound economic reasoning benefits any manager of a business, whether they are involved with production/operations, marketing, finance, or corporate strategy. Along with enhancing decision making, the field of economics provides a common language and framework for comprehending and communicating phenomena that occur within a business, as well as between a business and its environment. This text addresses the core of a subject commonly called managerial economics, which is the application of microeconomics to business decisions. Key relationships between price, quantity, cost, revenue, and profit for an individual firm are presented in form of simple conceptual models. The text includes key elements from the economics of consumer demand and the economics of production. The book discusses economic motivations for expanding a business and contributions from economics for improved organization of large firms. Market price quantity equilibrium, competitive behavior, and the role of market structure on market equilibrium and competition are addressed. Finally, the text considers market regulation in terms of the generic problems that create the need for regulation and possible remedies for those problems. Although the academic literature of managerial economics often employs abstract mathematics and large corporations create and use sophisticated mathematical models that apply economics, this book focuses on concepts, terminology, and principles, with minimal use of mathematics. The reader will gain a better understanding of why businesses and markets function as they do and how those institutions can function better.

Principles of Business Economics

Principles of Business Economics PDF Author: Willem Jozef Hefer
Publisher:
ISBN: 9780628007216
Category : Managerial economics
Languages : en
Pages : 152

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Principles of Managerial Economics

Principles of Managerial Economics PDF Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 155

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Book Description
One standard definition for economics is the study of the production, distribution and consumption of goods and services. A second definition is the study of choice related to the allocation of scarce resources. The first definition indicates that economics includes any business, nonprofit organization or administrative unit. The second definition establishes that economics is at the core of what managers of these organizations do. This book presents economic concepts and principles from the perspective of "managerial economics," which is a subfield of economics that places special emphasis on the choice aspect in the second definition. The purpose of managerial economics is to provide economic terminology and reasoning for the improvement of managerial decisions.

Principles of Business Economics

Principles of Business Economics PDF Author:
Publisher:
ISBN: 9788194444268
Category :
Languages : en
Pages : 180

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Book Description


Economics for Executives: Principles, Practices & Strategies

Economics for Executives: Principles, Practices & Strategies PDF Author: J. Ronnie Davis
Publisher: North American Business Press
ISBN: 9780988919358
Category : Business & Economics
Languages : en
Pages : 524

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Book Description
Often, economics is regarded as a collection of notional theories distanced far from the real world. Yet, economists maintain that theories are the foundation for predictions about what to expect in the real world. The disconnection seems particularly strong among undergraduate students immediately after taking principles of microeconomics and principles of macroeconomics. As freshman and sophomore students with no experience with the real world, they simply do not comprehend how economics can possibly be used. Later as seniors who major in business, they might have rare glimpses of economics as useful in making business decisions and crafting business strategies. After graduation and amidst their experience with business practice, they might finally see that economic principles underlie business analysis, business decisions, and business strategies. Frequently, business analysis is reductionism of complex matters into simple constituents that are studied through the lens of economic principles. In the same way, business decisions are practical applications of economic principles, and business strategies are informed by economic principles. Accordingly, managerial economics is essentially economics applied by managers, directors, and executives in their roles as decision makers and strategists. Accordingly, the focus of managerial economics should be on what managers, directors, and executives need to know and will use in business practice. Circumscribing managerial economics in this way, a lot of economics is not applied in business practice and can be left outside the limits of need to know. However, a lot of economics lies within the boundaries of use in business practice and need to know. Economics for managers, directors, and executives is centered on bringing economic principles to bear on business practices and business strategies. Of course, decisions are made and strategies are crafted within an organization, perhaps a business firm, nonprofit organization, or government agency. Regardless, organizations face countless problems requiring decisions or strategies to accomplish some mission or to achieve some objective subject to constraints, competitive or otherwise. Certain economic principles guide and lead to decisions and strategies that minimize exposure to adverse effects on organizational performance or that maximize favorable effects on organizational performance. Principles, practices, and strategies have purpose in their application to solving problems, minimizing threats, and realizing opportunities. Economics for Executives has purposeful intent. It is meant to develop comprehension of and comfort in application of economics actually used in business practice. Moreover, it is meant to address the economics that managers, directors, and executives really need to know for meaningful careers in business. Of course, this intent leaves out theories, abstractions, concepts, and constructs that might have significance and importance in other contexts such as public policy but not for business practice.

Principles of Business Economics

Principles of Business Economics PDF Author: Quan-shi Li
Publisher:
ISBN:
Category : Business
Languages : en
Pages : 248

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Book Description


Principles of Business Economics with Economics Dictionary

Principles of Business Economics with Economics Dictionary PDF Author: Nellis
Publisher: Financial Times/Prentice Hall
ISBN: 9780582843745
Category :
Languages : en
Pages :

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Book Description


Business Economics Volume - I

Business Economics Volume - I PDF Author: K. Venugopal
Publisher: New Age International
ISBN: 8122419410
Category : Business
Languages : en
Pages : 144

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Book Description
This first edition on Business Economics brings all the concepts related to economic activities of the country, welfare of the consumers also business houses? survival, competition and taking quality decisions. The textbook comprises essential features of the relevant chapters which are not included in the book. The book also includes significant and living examples mentioning practical aspects related to the subject.