4 of 4 people found the following review helpful
5.0 out of 5 stars
Best Book in my MBA Program, Dec 9 2005
By Budding Entrepreneur - Published on Amazon.com
This review is from: Managerial Economics And Organizational Architecture (Hardcover)
This book was the best that I read in my MBA program. It is filled with great examples and is easy to read. At the same time it taught me important economic concepts. I had struggled with these concepts as an undergraduate but thanks to this text I now feel that I have them mastered. Unlike other economic texts this book focuses on real management problems.
2 of 2 people found the following review helpful
5.0 out of 5 stars
An Old Favorite Brought Up to Date, July 9 2006
By John Matlock "Gunny" - Published on Amazon.com
This review is from: Managerial Economics & Organizational Architecture (Hardcover)
This book has two real aspects.
First is is a good general introduction to economics that might be used at the upper undergraduate or MBA level. Note the title says that it is 'Managerial Economics.' This book is aimed at the student following a management track rather than a professional economics track. The concept of the book is to give an overview of all aspects of economic theory without a heavy concentration in any one particular area.
Second, this is the fourth edition of the book. This was made necessary because of the great changes that have occurred as a result of Enron, Arthur Anderson and the other companies that collectively made great changes in the business environment. One such change is the Sarbanes-Oxley Act of 2002, discussed at length here even though it is still too new to realize its full implications.
The case studies that are included reflect these new times: Arthur Anderson, Barings Bank, Interwest Healthcare, Property Right Security in Russian Deprivatization, eBay.com, iTunes, Wal-Mart.com and others that could come directly off of today's headlines.
This is a new and up-to-date edition of a well received book.
2 of 2 people found the following review helpful
4.0 out of 5 stars
Very Good Economics Book., Jun 23 2006
By MBA Student - Published on Amazon.com
This review is from: Managerial Economics And Organizational Architecture (Hardcover)
I just finished a Managerial Economics MBA course that used this text. I found it to be very well written compared to textbooks I've read for other classes. I think it does a good job explaining supply and demand, intro to pricing, and intro to strategy and game theory. Examples are used to improve the reader's "economic" intuition. I talked to a friend who just finished a differnt MBA program who used this book. He recommended the book and especially liked the strategy segments and the prisoner's dilema.