Managerial Economics and Organization / Edition 1

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Overview

With this book, Acs and Gerlowski have bridged the gap between the traditional and organizational approaches to managerial economics. The approach throughout is designed to accurately reflect the changing business environment and integrate coverage with traditional business disciplines. : It is the first book to integrate the economics of organization into undergraduate managerial economics, opening with the economics of exchange and systematically deve loping the theory of economic organization.
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Editorial Reviews

Booknews
This textbook for upper level undergraduate students requires some familiarity with principles-level economics. The focus is on how organizations are evolving in today's economy, with an emphasis on globalization, technological change, and international comparisons of organizations. The text is divided into five sections: market efficiency; organizational economics; organization, ownership, and control; managing human resources; and organizational structure as a dynamic process. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9780023002922
  • Publisher: Pearson Education
  • Publication date: 11/30/1995
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 464

Table of Contents

1 Introduction: Firms and Managing Them 1
2 Competitive Exchange 34
3 The Neoclassical Theory of the Firm 64
4 Efficiency, the Price System, and Organizations 88
5 Property Rights, Ownership, and Efficiency 125
6 Organizational Tools 146
7 Contracts: Motivation Through Agreement 166
8 Contracts: Issues of Discourse 194
9 Distribution, Rents, and Efficiency 221
10 Modern Financial Theory 242
11 Corporate Control and Economic Efficiency 263
12 The Employment Relationship 286
13 The Employment Experience 316
14 The Evolution of the Modern Firm 340
15 Core Competencies, Organization, and Strategy 369
16 Organizational Strategy and Strategic Alliances 396
17 An International Comparison of Organizational Styles 415
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