Discover how to use managerial economics to both diagnose and solve business problems with this breakthrough text, designed specifically for MBA students. Froeb/McCann/Ward/Shor's MANAGERIAL ECONOMICS, 5E offers a succinct, fast-paced, yet challenging, approach full of invaluable insights. This edition incorporates less math and fewer technical models, graphs and figures than traditional managerial economics texts, while emphasizing the real decisions that today's managers face daily. You'll find this learning guide useful both now and throughout your business career. The latest economic updates keep you abreast of the most recent economic developments and current economic challenges worldwide. You learn how to apply economic theory to even the most formidable business challenges.
Really helpful in building my critical thinking skills when applied to economics. It was fairly easy to understand as well, and I liked the usage of practical scenarios.
This is the only book of its kind you really need. I have a shelf full of business textbooks, crammed full of so many words that they lose their meaning. Managerial Economics, with its ten page chapters, removes all the b.s. and explains economic and strategic concepts in language I can understand.
The book itself is pretty good. The online accessory, not so much. Frequent typos. Sometimes it lines up with the summary and end of chapter questions, OST of the time it doesn’t. The videos are horrible. Froeb can write a decent textbook- however he should have someone else do the video narration. He is too monotone for the information to stick. Ended up watching other videos online to supplement.
Managerial Economics provides an overview of the topics in business economics and teaches the student how to solve problems that will present in the workplace. I enjoyed the material and found it fascinating for a textbook. I would recommend this book for higher degree seekers or individuals who need a handbook for the daily problems you face at work.
Required book for my business class, Global Economic Environment. I thought this book was interesting enough to read. I like to read anything that deals with science or such economic and the environment.
I preferred text for economics. The chapters are short and only focus on a few concepts instead of trying to cover every aspect of business and economics. Great companion for more complex textbooks.
This book is complete ass. The vocal fry this guy has on the accompanying videos makes me want to scream, and he just reads the slides! Nothing more! Instead of grouping the math problems with examples of the variables and how to complete the math problems (with multiple examples), it's just a firehose of vague concepts. All this book made me think was that economics is a whole bunch of word salad invented to give some abstract financial thinker a job.
For funsies, here's the author's attempt at humor: 'An economist and his fiancée who were receiving premarital counseling from a priest before he would marry them. The priest’s first question to the couple was, “Why do you want to get married?” The economist’s fiancée answered, “Because I love him and want to spend the rest of my life with him.” The economist had a different answer: “Because long-term contracts induce higher levels of relationship-specific investment.” The priest looked puzzled, so the economist continued, “You know, the kind of investments differentiate a marriage from a spot-market transaction.”
A year later, trying hard to find the right words to express how he felt about his wife, he wrote...that his “relationship-specific investment was earning an above-average rate of return.”