Managerial Economics: Economic Tools for Today's Decision Makers [Hardcover]

Paul G. Keat (Author), Philip K.Y. Young (Author)

Book Description

Publication Date: August 27, 2002 | ISBN-10: 0130353353 | ISBN-13: 978-0130353351 | Edition: 4

For upper-level undergraduate and first year MBA courses in Managerial Economics in departments of Economics and Finance. This text features a running case study that explores the decision-making processes of managers within Global Foods, a hypothetical company. It creates a vivid, dynamic business setting that highlights microeconomic theory and the tools of quantitative analysis used in management decision-making. In addition, actual business examples from the popular press-including numerous international examples-are incorporated into the chapters to reinforce the connection between economics and real business situations.

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From the Back Cover

Take advantage of all the Internet resources available for students and instructors using the Fourth Edition.

• Excel Spreadsheet Modules
• Online Quizzes with Web Applications
• Electronic Graphing Tool
• PowerPoint Lecture Notes

www.prenhall.com/keat

About the Author

Paul G. Keat has been a member of the Global Business Faculty at Thunderbird, The American Graduate School of International Management, for the past fifteen years. At present he is an Associate Professor Emeritus and Director of Research, CIBER Trade Assistance Service. Prior to his coming to Thunderbird he was for many years associated with the International Business Machines Corporation in professional and managerial capacities.

His education includes a B.B.A. in accounting from the Baruch School of the City University of New York, an M.A. from Washington University, and a Ph.D. in economics from the University of Chicago.

Dr. Keat began his IBM career in the department of economic research and then moved into the long-range planning area. Later, as a member of the finance function, he spent several years at IBM's European headquarters in Paris, as manager in the financial planning area, and then as the financial manager for the company's European software business. After his return to the United States, Dr. Keat served as manager in the pricing area of one of the company's manufacturing groups. Before leaving IBM, in 1987 he was associated with the company's International Finance, Planning and Administration School (IFPA), where he taught managerial economics, lectured on finance in a number of company-related courses, and managed academic courses. He also taught at IBM's IFPA school at La Hulpe, Belgium.

Dr. Keat has taught at several U.S. universities, including Washington University, CUNY, and Iona College. He was an adjunct professor of finance at the Lubin Graduate School of Business at Pace University, and he also taught in Pace's Executive MBA program.

Philip K.Y. Young is Clinical Professor of Management at Thunderbird, The American Graduate School of International Management. In this capacity, he conducts executive education programs for Thunderbird corporate clients throughout the world. Prior to this, he was Professor of Economics at the Lubin School of Business at Pace University. Dr. Young has over 20 years of experience developing and teaching in executive development programs. He served as the first visiting professor at the International Finance, Planning and Administration School of the IBM Corporation, where he developed and taught courses for IBM in both the United States and LaHulpe, Belgium.

Among the companies that currently utilize his teaching services are IBM, Verizon, British Telecom, SBC, ST Microelectronics, MasterCard International, Booz-Allen & Hamilton, and Dow Chemical. He teaches in executive programs for these and other companies in the United States, Latin America, Western and Central Europe, and Asia.

He has a B.A. from the University of Hawaii, a master's in international affairs from Columbia University, and a Ph.D. in economics from New York University.

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Product Details

• Hardcover: 765 pages
• Publisher: Prentice Hall; 4 edition (August 27, 2002)
• Language: English
• ISBN-10: 0130353353
• ISBN-13: 978-0130353351
• Product Dimensions: 9.6 x 7.5 x 1.4 inches
• Shipping Weight: 3 pounds
• Average Customer Review: 2.5 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #1,656,367 in Books (See Top 100 in Books)

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Most Helpful Customer Reviews

2 of 3 people found the following review helpful:

4.0 out of 5 stars international version, November 1, 2009

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Chad Salchert (USA) - See all my reviews
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This review is from: Managerial Economics (6th Edition) (Hardcover)

This was an international version which freeked me out when I received it but it is o.k. I wish the pic was the international version not the real U.S. version, but otherwise it is what I wanted.

3.0 out of 5 stars It was okay, but nothing worth buying., June 14, 2010

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Jason Campbell - See all my reviews
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This review is from: Managerial Economics (6th Edition) (Hardcover)

This book is okay and does a solid job at explaining the concepts. However, when it comes to the formulas and doing the math as examples to learn from it falls very short. The algebra has steps missing from it and I am willing to bet most of your economics professors will use a derivation form what it is the book. I would only buy as text book not as a reference.

0 of 1 people found the following review helpful:

1.0 out of 5 stars Questionable, November 11, 2010

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Ringo 1976 - See all my reviews

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This review is from: Managerial Economics (6th Edition) (Hardcover)

This book was missing nearly all of chapter 4's chapter and some pages of other chapters, I'm not happy.... I ended up using an older addition that my instructor approved.