Managerial Economics & Business Strategy 9th Edition

This international student edition of Managerial Economics & Business Strategy offers a comprehensive and engaging exploration of core economic principles and their applications to real-world business decision-making. Written by renowned economists, Michael R. Baye and Jeffrey T. Prince, this 9th edition provides a clear and insightful guide to understanding key concepts, such as: * **Demand and Supply:** Understand market forces that drive prices and quantities of goods and services. * **Production and Cost:** Learn how businesses make production decisions and manage their costs effectively. * **Market Structure:** Analyze different market structures, from perfect competition to monopoly. * **Game Theory:** Develop strategies in competitive situations and anticipate the actions of other players. * **Strategic Decision Making:** Use economic tools to make informed business decisions and maximize profits. This international student edition is perfect for students and professionals who want to develop a strong foundation in managerial economics and apply it to real-world business challenges.