This is a text for the traditional course in managerial economics offered in most business and economics programs. The primary aims of the text are:
To provide a unifying theme of managerial decision making around the theory of the firm.
To introduce an international dimension into managerial economics to reflect the globalization of production and distribution in today's world.
To present many new topics and managerial tools not discussed at all or discussed only superficially in other managerial econ texts.
To show how managerial decisions are actually made in the real world.
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Dominick Salvatore is Professor of Economics and Business at Fordham University. He was chairman of the New York Academy of Sciences and consultant to the Economic Policy Institute in Washington, the United Nations in New York, and various multinational banks and corporations. Professor Salvatore is the author of 38 books, among which are: Microeconomics Theory and Applications (5th ed., 2004) and International Economics (8th ed., 2004), Financial Economics in the New Global Economy (2004), Protectionism and World Welfare (1993), and The Japanese Competitive Challenge and the U.S. Response (1990). He has also written Schaum¿s Outlines in Microeconomics, International Economics, and Statistics and Econometrics. Professor Salvatore is the editor of the Handbook Series in Economics for the Greenwood Press. He is the co-editor of the Journal of Policy Modeling and Open Economies Review, and associate editor of the American Economist. His research has been published in more than 100 journal articles in leading business and economics journals and presented at numerous national and international conferences.
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