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Learn how to think analytically and make better business decisions as a future business leader with the insights found in MANAGERIAL ECONOMICS: APPLICATIONS, STRATEGIES AND TACTICS, 14E. This timely edition illustrates how today’s effective managers apply economic theory and techniques to solve real-world everyday decision problems. The concise new edition offers a comprehensive current approach with cutting-edge coverage of important and relevant management topics.
NEW Aplia WITHIN MINDTAP® CONNECTS CONCEPTS TO THE REAL WORLD: Aplia significantly improves outcomes and elevates thinking by increasing student effort and engagement. Developed by leading teachers, Aplia assignments connect concepts to the real world and focus on the unique course challenges facing students. In just 10 years, more than one billion answers have been submitted through Aplia, representing millions of students who have come to class more engaged and better prepared.
NEW INDIVIDUAL CLASS SESSION PAGES AND TOOLS MAKE CLASS PREPARATION SIMPLE: Now you can easily access the authors’ individual class session page selections from this edition as well as caselette exercises, problem sets, and multiple-choice quizzes to assist in developing an engaging course.
NEW INDIVIDUAL CLASS SESSION PREPARATION QUESTIONS FACILITATE IN-CLASS DISCUSSION: These intriguing Class Preparation Questions motivate students to think at a higher level and prompt meaningful whole class discussions.
INFOTRAC® STUDENT COLLECTIONS PROVIDES INSTANT ACCESS TO MANAGERIAL ECONOMIC RESEARCH: With InfoTrac, your students gain convenient access to hundreds of scholarly and popular articles related to managerial economic through a user-friendly database at http://gocengage.com/infotrac.
SESSION-SIZE PACKETS OFFER READINGS, ASSIGNMENTS, AND MORE FOR YOUR FLEXIBILITY: The latest content from this edition is now available in session packet filled with student exercises, author videos, text readings, and assignments. Aplia quizzes offer insightful feedback and subtle as well as basic insights regarding correct and incorrect answers.
REAL-WORLD EMPHASIS HIGHLIGHTS HANDS-ON PRACTICE: This edition provides more than 300 applications and examples from today’s practice that offer hands-on experience with the decision-making challenges students will face as managers -- as well as the tools most effective for solving those challenges. Each chapter opens with a unique Managerial Challenge illustrating an economic analysis problem related to the chapter’s material that today’s managers could face.
MORE INTERNATIONAL COVERAGE EMPHASIZES BUSINESS ISSUES IN CHINA, INDIA, AND THE GLOBAL MARKETPLACE: This edition integrates international issues throughout, illustrating how they relate to managerial efficiency and shareholder wealth maximization. Additionally, intriguing “International Perspectives” illustrate how students can apply chapter concepts to problems facing today’s managers in an increasingly global climate. Readers gain a better understanding of the international impact of economics.
AUTHORS OFFER DIVERSE APPROACHES TO KEY ANALYTICAL CONCEPTS: This edition presents key analytical concepts in several different ways -- including tabular analysis, graphical analysis, spreadsheet, and algebraic analysis -- making difficult material more accessible. Your students are able to learn in the format with which they are most comfortable. When elementary differential calculus is used, at least one alternative mode of analysis also is presented. The book also offers a strong finance emphasis.
FEATURES STRENGTHEN DECISION-MAKING SKILLS: “What Went Right/What Went Wrong” features, now included in all chapters, enable students to apply what they have learned to real-business decisions and examine the positive and negative outcomes of management decisions. These insightful features show the relevance of managerial economic insights to avoiding widely discussed corporate mistakes. Students learn how to critically evaluate good and bad decisions and anticipate the subsequent effects.