Study Guide to Accompany Managerial Economics

Economics doesn't have to be dry and boring, and Hirschey proves it. I especially like the fact that the book explains economic theory in plain English and then shows how it works with real-world examples. This is a really good book. No wonder it's a best seller.

For those in Executive MBA programs, this is a terribly useful supporting text for any managerial economics programs. The authors are very aware of who their audience is -- all learning is in a managerial framework (as opposed to the dryer, more theoretical, straight economics textbooks).They cover the basics, but also do a great job on game theory and probablistic decision making. I had no economics before reading this, and found it clear and understandable even for the most abstruse concepts. Highly recommended.