Managerial Economics, Second Edition: A Strategic Approach
The Article : Traditional microeconomic theory has much to offer a manager. It suggests ways to increase profits by setting prices and packaging services, using advertising to increase demand and shows how internet auction sites like eBay affect competition and profitability. By using game theory to present and solve a managerrsquo;s decision-making problems and by focusing on the strategic nature of these problems, this text makes microeconomic theory much more intuitive and relevant for the business student. The text is separated into four sections:basic microeconomic theory of the firm and the basic tools of game theoryproblems related to the strategic interaction between firms, including price and quantity competition and product differentiationissues arising from strategic interactions within the firm, including vertical and horizontal integration, training and motivating workers, and labour unionsmarketing economics including information problems, advertising, durable goods and the product life cycle.This book will be suitable for any student with a background of introductory economics. The authors include a variety of international examples and case studies from the business world to expand and illustrate key concepts, and provide end-of-chapter exercises to test studentsrsquo; grasp of the material. An online supplement comprising of problems and solutions as well as PowerPoint slides is available for lecturers.
At Honours stage (years 3 and 4) you’ll be able to select from over 30 programs in Politics and International Relations, including Citizenship & democracy, Worldwide political communication, Protest politics in a submit-political age and Narratives of conflict.
Learning politics lets you develop particular topic data, such as how different political techniques work, how organisations such because the World Commerce Organisation (WTO) and the United Nations (UN) operate, and to interpret world political issues and events.
1. (a) Inside sixty days after the efficient date of this article, the governing body of every public corporation shall promulgate uniform rules and rules for all companies in such public corporation pursuant to such general guidelines and regulations as could also be promulgated by the committee on open authorities in conformity with the provisions of this text, pertaining to the administration of this text.
Law is usually understood as a system of guidelines which can be created and enforced by means of social or governmental establishments to control conduct, 2 though its exact definition is a matter of longstanding debate. 3 4 5 It has been variously described as a science 6 7 and the art of justice. eight 9 10 State-enforced laws might be made by a collective legislature or by a single legislator, leading to statutes , by the manager via decrees and regulations , or established by judges through precedent , usually in widespread law jurisdictions. Private people can create legally binding contracts , together with arbitration agreements that will elect to just accept various arbitration to the conventional courtroom process. The formation of laws themselves could also be influenced by a structure , written or tacit, and the rights encoded therein. The law shapes politics , economics , historical past and society in varied methods and serves as a mediator of relations between people.