Solution Manual for Economics for Managers 2nd Edition by Farnham

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Product Details:

  • ISBN-10 ‏ : ‎ 013606552X
  • ISBN-13 ‏ : ‎ 978-0136065524
  • Author:   Paul G. Farnham

Economics for Managers presents the fundamental ideas of microeconomics and macroeconomics and then integrates them from a managerial decision-making perspective in a framework that can be used by any manager, executive or decision-maker.

To be competitive in today’s business environment, managers must understand how economic forces affect their business and what must be considered when making business decisions. This is the only book that provides a thorough and applied understanding of both micro- and macroeconomic concepts to the non-economics based reader.

The second edition retains all the same core concepts and straightforward material on micro- and macroeconomics while incorporating new case material and real-world examples.

Managers and Economics; Demand, Supply, and Equilibrium Prices; Demand Elasticities ; Techniques for Understanding Consumer Demand and Behavior; Production and Cost Analysis in the Short Run; Production and Cost Analysis in the Long Run; Market Structure: Perfect Competition; Market Structure: Monopoly and Monopolistic Competition; Market Structure: Oligopoly; Pricing Strategies for the Firm; Measuring Macroeconomic Activity ; Spending by Individuals, Firms, and Governments on Real Goods and Services; The Role of Money in the Macro Economy; The Aggregate Model of the Macro Economy; International and Balance of Payments Issues in the Macro Economy; Combining Micro and Macro Analysis for Managerial Decision Making

 

Table of Content:

  • PART 1. MICROECONOMIC ANALYSIS 
  • 1. Managers and Economics
  • 2. Demand, Supply, and Equilibrium Prices
  • 3. Demand Elasticities
  • 4. Techniques for Understanding Consumer Demand and Behavior
  • 5. Production and Cost Analysis in the Short Run
  • 6. Production and Cost Analysis in the Long Run
  • 7. Market Structure: Perfect Competition
  • 8. Market Structure: Monopoly and Monopolistic Competition
  • 9. Market Structure: Oligopoly
  • 10. Pricing Strategies for the Firm
  • PART 2. MACROECONOMIC ANALYSIS  
  • 11. Measuring Macroeconomic Activity
  • 12. Spending by Individuals, Firms, and Governments on Real Goods and Services
  • 13. The Role of Money in the Macro Economy
  • 14. The Aggregate Model of the Macro Economy
  • 15. International and Balance of Payments Issues in the Macro Economy
  • PART 3. INTEGRATION OF THE FRAMEWORKS  
  • 16. Combining Micro and Macro Analysis for Managerial Decision Making
  • SOLUTIONS TO EVEN-NUMBERED PROBLEMS
  • GLOSSARY
  • INDEX