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"This is the 13th edition of a text that has enjoyed a flattering market success, having been adopted by more than 700 colleges and universities throughout the United States, Canada, and other English-speaking countries. The text has also been translated into Chinese, French, Greek, Indonesian, Italian, Korean, Polish, Portuguese (Brazilian), Serbian, Spanish, Russian, and other languages. All of the features that have made the previous editions of this text, one of the leading texts of International Economics in the United States and around the world, have been retained in the 12th edition. However, the content has been thoroughly updated and expanded to include many new significant topics and important recent developments."

Introduction -- The nature and scope of managerial economics -- Demand, supply, and equilibrium analysis -- Optimization techniques and new management tools -- Demand analysis -- Demand theory -- Demand estimation -- Demand forecasting -- Pro duction an d cost analysis -- Production theory and estimation -- Cost theory and estimation -- Market structure and pricing practices -- Market structure : perfect competition, monopoly, and monopolistic competition -- Oligopoly and firm architecture -- Game theory and strategic behavior -- Pricing practices -- Regulation, risk analysis, and capital budgeting -- Regulation and antitrust : the role of government in the economy -- Risk analysis -- Long-run investment decisions : capital budgeting

Reflecting the highly globalized nature of tastes, production, labour markets, and financial markets in today's world, this book presents the theory of the firm as a unifying theme to examine the managerial decision-making process. Adopting a global perspective, it synthesizes economic theory, decision science, and business administration studies, examining how they interact as a firm strives to reach optimal profitability and efficiency in the face of modern constraints

"Reflecting the highly globalized nature of tastes, production, labor markets, and financial markets in today's world, Managerial Economics in a Global Economy, Eighth Edition, presents the theory of the firm as a unifying theme to examine the managerial decision-making process. Adopting a global perspective, it synthesizes economic theory, decision science, and business administration studies, examining how they interact as a firm strives to reach optimal profitability and efficiency in the face of modern constraints. Features * Integrates examples, data, and theories on the international ramifications of managerial decisions into the entire text, rather than segregating the material in a separate chapter * Incorporates 127 case studies, showing how firms actually reach managerial decisions today * Offers instructors maximum flexibility with a modular structure that is suitable for both full-term and briefer courses, and can be used with or without calculus * Includes a robust instructor ancillary package for adopters"--

Introduction to International Economics by Dominick Salvatore offers a clear presentation of today's global economy while explaining the workings of the world economy, the major benefits it provides to both people and nations, and the most serious challenges it faces. The text is filled with more than 85 current and relevant case studies and business examples, represented in every chapter. By using real-world data, Salvatore makes international economics applicable to all. Salvatore introduces the four principles of international economics that are essential to understanding, evaluating, and solving the important issues facing the United States and the world today. These principles--addressing topics from deep poverty in developing countries to the globalization of capital markets--are discussed in a simple but comprehensive way. The text also provides the most up-to-date and clear exposition of international economics principles.