Overview

The book explores the core concepts of managerial economics and supplements them with relevant caselets, examples, and detailed case studies. Students will find the book highly useful for its coverage of key concepts of managerial economics. The revised edition aims to provide an application-oriented focus to the subject. New to this edition: Additional topics, such as multinational firms, and land and capital as factors of production, based on user feedback. Cases, such as demand and elasticity, and estimation of production function, which highlight important concepts. Three new appendices that cover the basics of functions, differential calculus, and discounting; linear programming; and constrained optimization.

Full Product Details

Author:   Suma Damodaran (Professor of Economics, XLRI, Professor of Economics, XLRI, Jamshedpur)
Publisher:   OUP India
Imprint:   OUP India
Edition:   2nd Revised edition
Dimensions:   Width: 18.40cm , Height: 2.90cm , Length: 24.20cm
Weight:   0.904kg
ISBN:  

9780198061113

ISBN 10:   0198061110
Pages:   600
Publication Date:   December 2010
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Awaiting stock  
The supplier is currently out of stock of this item. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out for you.

Table of Contents

PART ONE ; THE FOUNDATION ; 1. Introduction ; PART TWO ; THE HOUSEHOLD AND THE FIRM ; 2. Demand ; 3. Behind the Demand Curve ; 4. Demand estimation and Forecasting ; 5. Firm as a Producer ; 6. Analysis of Production: Theory and estimation ; 7. Analysis and estimation of Costs ; 8. Supply ; PART THREE ; PRICE AND OUTPUT DECISIONS IN PRODUCT MARKETS ; 9. The Competitive and Monopoly Model ; 10. Monopolistic Competition and Oligopoly ; 11. Alternate Pricing Practices ; 12. Markets for Factor inputs ; 13. Long term Investment and Risk Analysis ; PART FOUR ; MARKET FAILURES ; 14. Economics of Information ; 15. Externalities and Public Goods ; PART FIVE ; MACROECONOMIC ENVIRONMENT ; 16. Macroeconomic Aggregates ; 17. Fiscal, Monetary, and Exchange Rate Policies ; 18. The New Economy ; APPENDICES ; 1. APPENDIX 1: LINEAR PROGRAMMING ; 2. APPENDIX 2: CONSTRAINED OPTIMIZATION: LAGRANGE MULTIPLIERS ; 3. APPENDIX 3: PRIMER ON FUNCTIONS, DIFFERENTIAL CALCULUS, AND DISCOUNTING ; 4. APPENDIX 4: STATISTICAL APPENDICES ; APPENDIX 4(A): CRITICAL VALUES FOR THE T-DISTRIBUTION ; APPENDIX 4(B) CRITICAL VALUES FOR THE F-DISTRIBUTION (A = .05) ; APPENDIX 4(C): CRITICAL VALUES FOR THE F-DISTRIBUTION (A =.01) ; APPENDIX 4(D): DURBIN-WATSON STATISTIC: (ONE-TAIL TEST, A = .05) ; APPENDIX 4(E) DURBIN-WATSON STATISTIC ; APPENDIX 4(F) AREAS UNDER THE NORMAL CURVE ; 5. APPENDIX 5: DISCOUNT TABLES ; APPENDIX 5(A): FUTURE VALUE OF $1 AT THE END OF N PERIODS ; APPENDIX 5(B): SUM OF AN ANNUITY OF $1 PER PERIOD FOR N PERIODS ; APPENDIX 5(C): PRESENT VALUE OF $1 RECEIVED AT THE END OF N PERIODS ; APPENDIX 5(D): PRESENT VALUE OF AN ANNUITY OF $1 PER PERIOD FOR N PERIODS

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Author Information

Suma Damodaran, PhD, is Professor of Economics at XLRI, Jamshedpur. Formerly a faculty at the Indian Institute of Management Kozhikode, she had over two decades of experience in teaching. Dr Damodaran's research and consultancy interests are in the subjects of Managerial Economics and Industrial Economics.

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