Managerial Economics: A Problem Solving Approach

Managerial Economics: A Problem Solving Approach is designed to teach the reader how to think in an analytical way; it is not a textbook that forces the reader to memorize hordes of complex and rarely used concepts. This is the one economics text book that I have found to be helpful on an almost daily basis. Prof. Froeb's book teaches the reader how to systematically work through a problem and apply economic theory in a meaningful and useful way. Managerial Economics: A Problem Solving Approach is an easy read that makes a lot of sense. I understood the concepts and still remember them to this day several months after finishing it. As a student of economics, I have been forced to read a lot of text books, and this is the first one to makes sense to me.

This textbook provided excellent real world examples and made learning economics not nearly as painful as it had been in other classes.

This book makes managerial economics easy to comprehend and provides the framework for developing rational business decisions. The book presents relevant examples from the business world to help explain the underlying economic theory. This book is a welcomed alternative to traditional abstract economic textbooks.

This book is designed for decision makers and not for academics. Each chapter provides a situation a goes through the logic of what one should do. It is also a very easy read for those who hate the standard textbook.

Simply, the book makes managerial economics easy to understand. Clear, concise, and interesting, the book seamlessly moves beyond theoretical concept by demonstrating the power of economics as a tool for practicle application.