Eric Bentzen, Mark Hirschey
Cengage Learning; UK ed. 14th edition
The economic ideas that are detailed in the fourteenth edition of Managerial Economics (PDF) demonstrate how to apply common sense to the resolution of managerial issues and to an understanding of business. You can improve your economic intuition with the help of this cutting-edge textbook. The e-textbook explains that critical business decisions are interdisciplinary by utilizing its one-of-a-kind integrative approach. It also illustrates how diverse functions can work together cohesively by demonstrating this. Each topic is then related to an element of the value maximization model, which is a process that demonstrates how management integrates finance, marketing, accounting, personnel, and production functions. The basic valuation model is constructed and used as the underlying economic model of the company. Additionally, an easy-to-understand tutorial to marginal analysis and fundamental economic interactions is included in the ebook. The 14th edition of Managerial Economics is a standard textbook at many educational institutions in the United Kingdom, as well as in certain educational institutions in the United States.