Microeconomics for Business
and Marketing
is an extremely impressive
piece of work. I would go so far as to say that it is without any doubt the best textbook
on microeconomics which is available, both in terms of the range of material covered and
in the way in which it is presented so clearly.
It will be useful for
non-specialist economics students, because it shows them that economics, when done
properly, can say some interesting things without making ridiculous assumptions. And
specialists will benefit from having such a wide range of material made accessible in a
single text. I would recommend it without hesitation. Paul Ormerod, Consultant,
Henley Centre for Forecasting
Microeconomics for Business
and Marketing's a wide-ranging, innovative textbook which will stimulate students and
teachers alike. It will be of particular relevance to students of marketing, commerce and
business strategy. Specifically designed with today's larger class sizes in mind, the book
encourages students to question and to develop both analytical and written skills, as well
as to use economics as a tool for problem solving.
Key features of this book
include:
Worked essays and case
study questions within the chapters, as well as 'post-mortem' reports on examination
questions that have been set to classes using this material.
Overview chapters on
theories of decision-making and consumer choice and theories of business behaviour.
Extensive coverage of the
economics of uncertainty, including scenario planning, bargaining and competitive games.
Emphasis on and analysis of
the significance of technological change, and the variety of methods used to organize
modern business activities, such as franchising, joint ventures and multinational
enterprise.
Peter E. Earl is Professor
of Economics at Lincoln University, Canterbury, New Zealand.
432 pages