Managerial Economics & Organizational Architecture

This book is very easy to follow and gets straight to the point. It has allow me to develop a very good understanding of how organizational makeup can impact the progress of an organization and its stakeholders.

I'm a consultant and this book is quite good in order to improve my performance during my job.

This book has two real aspects. First is is a good general introduction to economics that might be used at the upper undergraduate or MBA level. Note the title says that it is 'Managerial Economics.' This book is aimed at the student following a management track rather than a professional economics track. The concept of the book is to give an overview of all aspects of economic theory without a heavy concentration in any one particular area. Second, this is the fourth edition of the book. This was made necessary because of the great changes that have occurred as a result of Enron, Arthur Anderson and the other companies that collectively made great changes in the business environment. One such change is the Sarbanes-Oxley Act of 2002, discussed at length here even though it is still too new to realize its full implications. The case studies that are included reflect these new times: Arthur Anderson, Barings Bank, Interwest Healthcare, Property Right Security in Russian Deprivatization, eBay.com, iTunes, Wal-Mart.com and others that could come directly off of today's headlines. This is a new and up-to-date edition of a well received book.

This book was the best that I read in my MBA program. It is filled with great examples and is easy to read. At the same time it taught me important economic concepts. I had struggled with these concepts as an undergraduate but thanks to this text I now feel that I have them mastered. Unlike other economic texts this book focuses on real management problems.

This book provides a broad, powerful, economics-based framework for examining a wide array of organizational problems--centralization vs decentralization, use of incentive compensation, establishing cost or profit centers. It is well organized, and the numerous examples from the business press help relate the analysis to practice. Because it is based on economics, it provides strong links to finance, accounting, and marketing.