Check also: salvatore and managerial economics by dominick salvatore ebook Dominick Salvatore once again offers you an opportunity to provide an international perspective to your managerial economics course in his latest edition of the popular Managerial Economics in a Global Economy. Reflecting the highly globalized nature of tastes production labor markets and financial markets in todays world Managerial Economics in a Global Economy Seventh Edition is ideal for undergraduate and MBA courses in managerial economics.
Release on by Cram Textbook Reviews. On My Saves. Cram Just the FACTS studyguides give all of the outlines, highlights, notes, and quizzes for your textbook with optional online comprehensive practice tests.
Only Cram is Textbook Specific. Accompanys: Each of these chapters covers one of several basic areas of the theory of probability, while Chapters 8 and 9 deal with the principles of applied statistics. The application of probability and statistics in engineering is in such areas This text uses the theory of the firm to integrate and link economic theory microeconomics and macroeconomics , decision sciences mathematical economics and econometrics , and the functional areas of business accounting, finance, marketing, personnel or human resource management, and production and shows how all of these topics are crucial components of managerial decision making.
The text is divided into five parts-Part I examines the nature and scope of managerial economics, Part II analyses demand, Part III presents the theory and measurement.
It covers the full range of optimization techniques used in managerial decision making. The book offers extensive end-chapter material in the form of the summary, discussion questions, problems, chapter appendixes along with appendix problems, supplementary readings, and Internet site addresses. This seventh edition includes new sections, new case studies, some of which are India based, and five new longer Indian integrated case studies. In addition, the existing case studies, supplementary readings, and Internet site addresses have been revised.
The text introduces a global view and many new exciting topics into managerial economics such as firm architecture, the evolution of the creative firm, Porter's strategic framework, business ethics, electronic cmmerce, and risk management and shows howmanagerial decisions are actually made with more than real-world cases.
Virtually all of the testable terms, concepts, persons, places, and events from the textbook are included. Despite sending huge sums of money on health every year the African region's burden of disease is persistently high.
Most of the countries in the region are lagging behind in achieving the health-related United Nations Millennium Development Goals. The African region's dismal health situation has largely been blamed on weakness pertaining to such factors as health leadership and governance; service delivery; health workforce; medicines, vaccines, and health technologies; health information; and health system financing that have undermined the capacity of health systems of countries in the region to improve population health without wastage of resources.
Institutionalising health system efficiency monitoring, as a basis for the design and implementation of appropriate policy interventions, has been proposed as an effective way of curbing wastage of health system inputs. Efficiency of Health System Units in Africa: A Data Envelopment Analysis is the first book of its kind on application of the data envelopment analysis technique to examine the efficiency of health system decision-making units in Africa. An extensive illustration of the commonly used pricing methods and market power.
Score: 5. This comprehensive and student-friendly book strives to equip the young, practising and budding managers to find solutions to the real-world problems through the efficient and effective use of economic tools and techniques.
The authors who admirably combine academic and professional experience give a clear and straightforward analysis of the various topics in managerial economics. The text begins with an overview of managerial economics and describes the modern business firm and its objectives along with the concepts of market mechanism, demand theory and production analysis. The text then moves further to explain managerial techniques, macroeconomic theory and international trade and finance along with the risks and uncertainties involved in business.
Besides, it also explains the cost and revenue, supply, pricing, profit and investment analyses. Finally, this book discusses some important Case Studies to reinforce the concepts presented in the text. The third edition of the book comprises multiple choice questions with answers at the end of each chapter to test the understanding of the concepts discussed in the chapter.
Besides, the objectives, strategies and initiatives of the twelfth five year plan — of Planning Commission as well as a new section on Replacement of Indian Planning Commission with NITI Aayog have been incorporated in the chapter on Macroeconomic Analysis.
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