Economics Of Strategy

Economics Of Strategy

In today's global recession, strong management of firms and organizations are of the utmost importance. Best-selling Economics of Strategy focuses on the key economic concepts students must master in order to develop a sound business strategy. Bringing economic theory and strategic analysis to life in an engaging and uniquely modern way, Besanko et al. have collaborated for over 15 years to build an introductory business course that combines basic concepts from economic theory of the firm and industrial organization with ideas from modern strategy literature.The newly revised 5th edition offers more real-world applications to make materials studied in undergraduate Managerial Economics, Business Strategy, and Industrial Organization courses relevant. Armed with general principles, today's students??tomorrow's future managers??will be prepared to adjust their firms' business strategies to the demands of the ever-changing environment.From the Back CoverFollow the fundamentals of strategy.Sound strategic management is dependent on a set of business principles that apply to all sectors of the economy. Besanko, Dranove, Shanley, and Schaeffer?s highly acclaimed Economics of Strategy, now in its Fifth Edition, gives you grounding in those fundamental strategic concepts that will serve you throughout your career, in any economic circumstance.This book focuses on the economic principles that form the building blocks of strategy and details the tools you?ll need to perform comprehensive analysis of a firm?s economic strategy. This Fifth Edition features new and expanded discussion of topics, such as: