Managerial Econ

Economic Analysis of Business Practice

Friday, October 21, 2016

Evidence on how private property creates wealth

How did property rights save China, the Pilgrims, and Vietnam?

Private property saved early settlers

What they don't tell you about Thanksgiving in school

Markets vs. Mother Theresa: who has done more for the world's poor?

Why shale-oil drilling in the US, but not in Europe?



Posted by Luke Froeb at 3:21 PM
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Labels: 02: The One Lesson of Business

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Managerial Economics: A Problem Solving Approach, 5th ed.



We wrote a managerial economics textbook (Amazon, Barnes & Noble, Cengage) to teach students how to solve business problems (7 min. video). We started this blog to support those who use the book, and to keep up with developments in the field.

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Entries Related to Book Chapters

  • 01. Introduction: What this book is about (139)
  • 02: The One Lesson of Business (447)
  • 03. Benefits; costs and decisions (164)
  • 04: Extent (how much) Decisions (78)
  • 05. Investment decisions: Look ahead and reason back (162)
  • 06. Simple pricing (76)
  • 07: Economies of Scale and Scope (39)
  • 08: Understanding Market and Industry Changes (271)
  • 09. Long-run equilibrium (213)
  • 10. Strategy-the quest to slow profit erosion (181)
  • 11. Supply and demand: Trade bubbles market making (175)
  • 12. More realistic and complex pricing (82)
  • 13. Direct price discrimination (43)
  • 14. Indirect price discrimination (66)
  • 15. Strategic games (143)
  • 16. Bargaining (91)
  • 17. Making decisions with uncertainty (206)
  • 18. Auctions (48)
  • 19: The Problem of Adverse Selection (136)
  • 20 : The Problem of Moral Hazard (183)
  • 21: Getting employees to work in the firm’s best interests (171)
  • 22: Getting divisions to work in the firm’s best interests (33)
  • 23. Managing vertical relationships (110)
  • Book review (31)
  • Humor (23)
  • teaching (16)

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  • Luke Froeb
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