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Managerial Economics & Business Strategy 7th Edition
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Top Customer Reviews
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.
To me the real weakness are the questions at the end of the chapters. They aren't very clear or precise. I often preface my answers with, "I assume that they mean / want / are asking . . ."
Most Recent Customer Reviews
The 7th edition is not very different from the 8th edition, and a good base text for macro- and micro-economicsPublished 20 days ago by Philip Sheridan
Sturdy build. easy to read chapters and problems. good use of figures and graphics. concepts were presented in a very easy to understand manner.Published on December 28, 2013 by ChicagoTrains