Business Economics And Managerial Decision Making

Trefor Jones0471486744, 9780471486749, 9780470021125

Written primarily for students takingcourses in managerial economicsin Britain and Europe,The Economics of the Firm and Decision Making analyses the growth and development of privately owned firms and also the decisions made by firms operating in both private and public sector enterprises. Coverage is clear and concise, and avoids specialist techniques such as linear programming, which in a European context tend to belong in courses dealing with operations research. The book also avoids straying into areas of industrial economics, instead retaining a sharp focus on relevant issues such as the theory of the firm and the varying objectives thatmay beadopted in practice. Key sections are supported by case studies of real firms and actual decisions made.