- Hardcover: 656 pages
- Publisher: McGraw-Hill/Irwin; 7 edition (October 1, 2009)
- Language: English
- ISBN-10: 0073375969
- ISBN-13: 978-0073375960
- Product Dimensions: 7.6 x 1.2 x 10.1 inches
- Shipping Weight: 2.2 pounds
- Average Customer Review: 146 customer reviews
- Amazon Best Sellers Rank: #414,125 in Books (See Top 100 in Books)
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Managerial Economics & Business Strategy 7th Edition
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About the Author
Michael Baye is the Bert Elwert Professor of Business Economics & Public Policy at Indiana University's Kelley School of Business. He received his B.S. in economics from Texas A&M University in 1980 and earned a Ph.D. in economics from Purdue University in 1983. --This text refers to an out of print or unavailable edition of this title.
Top customer reviews
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Now, I'm no economist (that's why I need this book!) but I'd say that paying for access to a service that is inaccessible to me is a poor use of my resources. I'll be buying future textbooks paper, and used.
The book can use some more "real world" case studies that aren't more than a half a page as chapter introductions and a half dozen or so topics on the book's website.
Chapters only skim over topics, rarely link the topic back to a company application that the reader may be familiar with, and, in reality, the strategy part referred to in the title is missing.
I see little research outside of the material that has been parroted from other versions of this text or similar work by other authors. Examples on how to calculate something does not equal strategy; defining what to do after collecting information is strategy and then implementing it is called execution. Perhaps Mr. Baye can read up on Jim Collins, Ram Charan, and other people who do research on corporations and maybe even include actual quotes and examples of decisions made by managers using the topics in this book? After all, managerial economics is supposed to aide people in analyzing data and making decisions.
Number one managerial economics text? I don't see why.