Managerial Economics

Now in its seventh edition, Ivan Png’s Managerial Economics has been extensively revised with new

• running case study on competition in large language models among OpenAI, Anthropic, and DeepSeek,
• section on the experience curve,
• chapter on oligopoly.

As always, the text focuses on the economics that managers need to know. It presents the key concepts of microeconomics intuitively, without sophisticated mathematics and uses actual management applications from across the world.

The seventh...