Managerial economics / Suma Damodaran.

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.

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

Includes bibliographical references and index.