Microeconomics for MBAs - The Economic Way of Thinking for Managers

This is the first textbook in microeconomics written exclusively for MBA students. McKenzie/Lee minimizes attention to mathematics and maximizes attention to intuitive economic thinking. The text is structured clearly and accessibly: Part I of each chapter outlines the basic theory and Part II applies this basic theory to management issues. ‘Perspective’ sections in each chapter provide a new line of argument or different take on a business or policy issue, and carefully chosen topics and review questions are designed to spark lively and instructive debates. Throughout the book, McKenzie and Lee aim to infuse students with the economic way of thinking in the context of a host of problems that MBA students, as future managers of real-world firms, will find relevant to their career goals.

• Specially designed with only the needs and interests of MBA students in mind • Microeconomic theory is kept free of technical complexities and illustrated with real problems • Written in an engaging and accessible style • Unlike other microeconomics textbooks, it focuses on improving management skills by discussing how managers can make better decisions within their firms • Accompanying DVD of Professor McKenzie lecturing covers concepts all MBA students need to understand, as well as elucidating complex lines of argument and acting as a revision aid