Microeconomics for Business and Marketing

Microeconomics for Business and Marketing

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Microeconomics for Business and Marketing is an innovative new text for intermediate-level students of microeconomics which offers a series of alternative approaches to economic analysis. This textbook is especially relevant to students of business and commerce since it emphasizes practical problem solving and helps readers develop skills in choosing appropriate theoretical tools to deal with particular types of real world problems. While other microeconomics texts focus on mainstream technical set pieces, this book explores, compares and contrasts the tools of both mainstream microeconomic analysis and the behavioural/new institutionalist approaches associated with Nobel Laureates Herbert Simon and Ronald Coase. This wider theoretical coverage enables a broader range of practical topics to be addressed, including policy implications of consumer decision processes, and the economics of corporate strategy. Microeconomics for Business and Marketing is a wide-ranging, innovative textbook which will stimulate students and teachers alike. It will be of particular relevance to students of marketing, commerce and business strategy. Specifically designed with today's larger class sizes in mind, the book encourages students to question and to develop both analytical and written skills, as well as to use economics as a tool for problem solving.Lectures, Cases, and Worked Essays Peter E. Earl ... (c) The producta#39;s sales seem very price sensitive, even at an early stage in its life-cycle. ... common with normal cost theory and contestability theory, discussed later in this chapter (see sections 9.6 and 9.7) Two points often ignored in discussions on this topic need be beanbsp;...

Title:Microeconomics for Business and Marketing
Author: Peter E. Earl
Publisher:Edward Elgar Publishing - 1995

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