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Showing papers on "Managerial economics published in 1981"


Journal ArticleDOI
TL;DR: In this paper, an examination of the nature of economic explanation is presented, where the authors introduce current thinking in the philosophy of science and review the literature on methodology, and then turn to the troublesome question of the logical status of welfare economics, giving the reader an understanding of the outstanding issues in economics.
Abstract: This book is an examination of the nature of economic explanation. The opening chapters introduce current thinking in the philosophy of science and review the literature on methodology. Professor Blaug then turns to the troublesome question of the logical status of welfare economics, giving the reader an understanding of the outstanding issues in the methodology of economics. This is followed by a series of case studies of leading economic controversies, which shows how controversies in economics may be illuminated by paying attention to questions of methodology. A final chapter draws the strands together and gives the author's view of what is wrong with modern economics. This book is a revised and updated edition of a classic work on the methodology of economics, in which Professor Blaug develops his discussion of the latest developments in macroeconomics, general equilibrium theory and international trade theory. A new section on the rationality postulate is also added.

664 citations


Book
01 Jan 1981
TL;DR: In this paper, the authors discuss the economics of the environment and the role of the government in this area, and propose a taxonomy based on the concept of the economy of environment.
Abstract: Economics of the environment , Economics of the environment , کتابخانه دیجیتال جندی شاپور اهواز

265 citations


Book
01 Jan 1981

74 citations


Book
01 Jan 1981
TL;DR: The economic concepts presented in this article, 9e, show students how to use common sense to understand business and solve managerial problems without calculus and demonstrate that important business decisions are interdisciplinary and can help future managers to decide which products to produce, costs to consider, and prices to charge.
Abstract: The economic concepts presented in FUNDAMENTAL OF MANAGERIAL ECONOMICS, 9e, show students how to use common sense to understand business and solve managerial problems without calculus This innovative text helps students develop and sharpen their economic intuition--an invaluable skill that helps students, as future managers, decide which products to produce, costs to consider, and prices to charge, as well as the best hiring policy and the most effective style of organization With its unique integrative approach, the text presents the firm as a cohesive, unified organization and demonstrates that important business decisions are interdisciplinary A basic valuation model is constructed and used as the underlying economic model of the firm; each topic is then related to an element of the value maximization model--a process that shows how management integrates accounting, finance, marketing, personnel, and production functions The text also provides an intuitive guide to marginal analysis and basic economic relations Once students grasp the importance of marginal revenue and marginal costs, the process of economic optimization becomes intuitively obvious In addition, a wide variety of examples and simple numerical problems vividly illustrate the application of managerial economics to a vast assortment of practical situations By studying the material in FUNDAMENTALS OF MANAGERIAL ECONOMICS, 9e, those seeking to further their business careers learn how to more effectively collect, organize, and analyze information They gain powerful tools that can help them become more successful--and satisfied--in their careers

62 citations





Book
01 Jan 1981

12 citations