Managerial economics

About: Managerial economics is a research topic. Over the lifetime, 1524 publications have been published within this topic receiving 83965 citations.

Online Assignments in Economics: A Test of Their Effectiveness

Abstract: This article compares the effectiveness of online and paper-based assignments and tutorials using summative assessment results. All of the students in a large managerial economics course at National University of Ireland, Galway were asked to do six assignments online using Aplia and to do two on paper. The authors examined whether a student's performance on a particular section of the exam is affected (1) by how he or she performed on the corresponding assignment and (2) by whether the student completed the corresponding assignment on paper or online. Our results provide little evidence that a student's performance on an assignment helps him or her perform better on the corresponding section of the exam. We also found little evidence that the way in which one completes an assignment—on paper or online—has an effect on how one performs on a particular section of the exam.

Economics and Information Systems

Abstract: Contains chapters that focus on the individual interrelated subjects regarding the economics of information systems: the adoption and diffusion of information technologies; the pricing of data communications; the means and tactics firms us to compete with each other; and the manner in which firms interact with and distribute goods to customers.

Managerial Economics: A Problem Solving Approach

Abstract: Teach your MBA students how to use economics to solve business problems with this breakthrough text Froeb/McCann's MANAGERIAL ECONOMICS: A PROBLEM SOLVING APPROACH, 2E covers traditional material using a problem-based pedagogy built around common business mistakes Models are used sparingly, and then only to the extent that they help students figure out why mistakes are made, and how to fix them This edition's succinct, fast-paced presentation and challenging, interactive applications place students in the role of a decision maker who has to identify mistakes that reduce profits, and propose solutions to bring profits back up The lively book provides an excellent ongoing reference for students pursuing business careers New chapters and updates highlight mistakes that precipitated the financial crisis With MANAGERIAL ECONOMICS, 2E your students are taught to use economics to not only identify profitable decisions, but also how to implement them within an organization

Mathematics for Economics and Finance: Mathematical models in economics

Abstract: Introduction In this book we use the language of mathematics to describe situations which occur in economics. The motivation for doing this is that mathematical arguments are logical and exact, and they enable us to work out in precise detail the consequences of economic hypotheses. For this reason, mathematical modelling has become an indispensable tool in economics, finance, business and management. It is not always simple to use mathematics, but its language and its techniques enable us to frame and solve problems that cannot be attacked effectively in other ways. Furthermore, mathematics leads not only to numerical (or quantitative ) results but, as we shall see, to qualitative results as well. A model of the market One of the simplest and most useful models is the description of supply and demand in the market for a single good. This model is concerned with the relationships between two things: the price per unit of the good (usually denoted by p ), and the quantity of it on the market (usually denoted by q ). The ‘mathematical model’ of the situation is based on the simple idea of representing a pair of numbers as a point in a diagram, by means of coordinates with respect to a pair of axes. In economics it is customary to take the horizontal axis as the q -axis, and the vertical axis as the p -axis.