Cover image for Economics for business : blending theory and practice
Title:
Economics for business : blending theory and practice
Personal Author:
Edition:
2nd ed.
Publication Information:
Harlow, Essex : Prentice Hall, 2005
ISBN:
9780273685609
Subject Term:

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Library
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Item Category 1
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30000010126362 HD30.22 W67 2005 Open Access Book Book
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30000010257333 HD30.22 W67 2005 Open Access Book Book
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Summary

Summary

Economics in Business is a concise, business focused book which illustrates how the ideas and perspectives of economics can help us make sense of the world in which we live. This book analyses the business world first and then applies the relevant economic theories. Business models such as Porter¿s five-forces are used to explain the relevance of the theory to business life and the real problems faced by firms and managers. This is a highly accessible book which communicates complex ideas in a straightforward and easy to understand manner.

The book is suitable for undergraduate students studying a one-semester business economics course. The book will also be appropriate for DMS students and MBA modules in economics.


Table of Contents

Part 1 The Firm in its Environment
1 Studying business economics
2 Organisation for production: practical and theoretical
Part 2 Demand and Supply
3 Consumer and market demand
4 Consumer behaviour
5 Supply, costs and profits
6 Firms' objectives and behaviour
Part 3 Markets and Prices
7 Market structures
8 Conduct and performance
9 Pricing in theory and practice
10 International markets
Part 4 Government, Firms and Markets
11 Government and business
12 The macroeconomic environment of the firm
13 Human resource issues
14 Business, government and the natural environment
Part 5 Analysis for Business Decision Making
15 Linking business economics and business decision making
16 Estimating and forecasting techniques
Index