Managerial  Economics Theory and Practice
Thomas J. Webster
Academic Press，2003

Managerial economics is the application of economic theory and quantitative methods (mathematics and statistics) to the managerial decision-making process. This text, which will appeal to students with limited prior training in economics and quantitative methods, includes :

* A problem-solving approach to the study of managerial economics that combines the features of a standard managerial economics textbook with those of a separate study guide.
* A method for helping business students develop the analytical skills necessary for success in the study of managerial economics, finance, and management.
* A more extensive review of mathematical techniques than most comparable textbooks.
* A separate chapter on game theory, including:
* Noncooperative, simultaneous-move, one- shot games
* Cooperative, simultaneous-move, infinitely- repeated games (including collusions, cheating rules, and determinants of collusive agreements)
* Cooperative, simultaneous-move, finitely- repeated games
* Focal-point equilibria
* Multistage games
* Bargaining with and without symmetric and asymmetric impatience
* A chapter on the time value of money and capital budgeting. Unlike customary treatments, which emphasize per-period profit maximization, this chapter explores long-term, strategic management decisions involving streams of expenditures and revenues.
* The accentuation of risk, uncertainty, and the economics of information throughout.
* An Instructor's Manual
* A Study Guide