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A Comprehensive Guide to Managerial Economics by Dwivedi Ebook: Features, Benefits, and Reviews



- H2: Overview of the ebook: Author, contents, features, and benefits - H2: How to use the ebook: Tips and strategies for effective learning and application - H2: Key concepts and topics covered in the ebook: A summary of each chapter and its main points - H2: Review and feedback: What others are saying about the ebook and how it helped them - Conclusion: A recap of the main points and a call to action - FAQs: Answers to some common questions about the ebook Table 2: Article with HTML formatting ```html Managerial Economics by Dwivedi Ebook: A Comprehensive Guide for Students and Professionals




If you are looking for a comprehensive and accessible introduction to managerial economics, you might want to check out the ebook by D.N. Dwivedi. Managerial economics is the application of economic theory and tools to business decision making. It helps managers to analyze various aspects of the market, such as demand, supply, pricing, production, cost, profit, competition, and strategy. It also helps managers to evaluate the impact of various policies and regulations on their business performance.




Managerial economics by dwivedi ebook



In this article, we will give you an overview of the ebook by Dwivedi, its features and benefits, how to use it effectively, and what key concepts and topics it covers. We will also share some reviews and feedback from other users who have benefited from the ebook. By the end of this article, you will have a clear idea of whether this ebook is suitable for your needs and how you can get the most out of it.


Overview of the ebook: Author, contents, features, and benefits




The ebook by Dwivedi is titled "Managerial Economics: Principles and Worldwide Applications". It is written by D.N. Dwivedi, who is a professor of economics at IMT Ghaziabad, India. He has over 40 years of teaching and research experience in economics and has authored several books and articles on the subject.


The ebook is divided into six parts, each containing several chapters. The parts are as follows:


  • Part I: Introduction to Managerial Economics



  • Part II: Demand Analysis



  • Part III: Production and Cost Analysis



  • Part IV: Market Structure and Pricing Decisions



  • Part V: Profit Management



  • Part VI: Strategic Management



The ebook covers both the basic and advanced topics in managerial economics, such as demand forecasting, elasticity, consumer behavior, production functions, cost functions, market equilibrium, pricing strategies, profit maximization, game theory, competitive advantage, etc. It also includes several real-world examples and case studies from various industries and countries to illustrate the concepts and applications.


The ebook has several features and benefits that make it a valuable resource for students and professionals alike. Some of them are:


  • It is written in a simple and lucid language that is easy to understand.



  • It provides a logical and systematic presentation of the topics with clear explanations and diagrams.



  • It offers a balanced coverage of both microeconomic and macroeconomic aspects of managerial economics.



  • It incorporates the latest developments and trends in the field of managerial economics.



  • It includes numerous exercises, questions, problems, and projects at the end of each chapter to test your understanding and enhance your skills.



  • It comes with an online companion website that provides additional resources such as PowerPoint slides, solutions manual, test bank, etc.



How to use the ebook: Tips and strategies for effective learning and application




The ebook by Dwivedi is designed to help you learn managerial economics in a systematic and efficient way. Here are some tips and strategies that you can follow to use the ebook effectively:


  • Before you start reading a chapter, skim through the learning objectives, key terms, and summary to get an overview of what you will learn.



  • As you read the chapter, pay attention to the definitions, examples, diagrams, and tables that illustrate the concepts and applications.



  • After you finish reading a chapter, review the main points and try to answer the questions and problems at the end of the chapter. You can also refer to the solutions manual or the online website for guidance.



  • Apply what you have learned to your own business situation or case study. Try to analyze the market conditions, the demand and supply factors, the pricing and production decisions, the profit and cost implications, etc. using the tools and techniques of managerial economics.



  • Discuss the concepts and applications with your classmates, colleagues, or instructors. You can also join online forums or groups where you can exchange ideas and insights with other learners and experts.



Key concepts and topics covered in the ebook: A summary of each chapter and its main points




The ebook by Dwivedi covers a wide range of concepts and topics in managerial economics. Here is a brief summary of each chapter and its main points:


Chapter 1: Introduction to Managerial Economics




This chapter introduces the scope, nature, and methodology of managerial economics. It explains how managerial economics helps managers to make optimal decisions under various constraints and uncertainties. It also discusses the role of economic theory, models, data, and mathematics in managerial economics.


Chapter 2: Basic Tools of Economic Analysis




This chapter reviews some of the basic tools of economic analysis that are used in managerial economics. These include graphs, equations, functions, derivatives, optimization, etc. It also explains how these tools can be used to analyze various economic relationships and phenomena.


Chapter 3: Demand Analysis




This chapter explains the concept and determinants of demand. It shows how demand can be measured and forecasted using various methods such as surveys, trend analysis, regression analysis, etc. It also discusses the concept and measurement of elasticity of demand and its implications for pricing and revenue decisions.


Chapter 4: Consumer Behavior




This chapter examines the behavior and preferences of consumers. It introduces the concepts of utility, indifference curves, budget constraints, consumer equilibrium, etc. It also shows how consumer behavior can be analyzed using various approaches such as cardinal utility, ordinal utility, revealed preference, etc.


Chapter 5: Production Analysis




This chapter explains the concept and factors of production. It shows how production can be measured and optimized using various methods such as production functions, isoquants, isocosts, production possibility frontier, etc. It also discusses the concept and measurement of returns to scale and economies of scale.


Chapter 6: Cost Analysis




This chapter explains the concept and classification of costs. It shows how costs can be measured and minimized using various methods such as cost functions, average cost, marginal cost, etc. It also discusses the concept and measurement of economies of scope and learning curve effects.


Chapter 7: Market Equilibrium




This chapter explains the concept and conditions of market equilibrium. It shows how market equilibrium can be determined using various methods such as demand and supply curves, equilibrium price and quantity, excess demand and supply, etc. It also discusses the effects of changes in demand and supply on market equilibrium.


Chapter 8: Pricing Strategies




This chapter explains the concept and objectives of pricing strategies. It shows how pricing strategies can be formulated using various methods such as cost-plus pricing, markup pricing, target return pricing, break-even analysis, etc. It also discusses the factors that influence pricing decisions such as demand elasticity, competition, product differentiation, etc.


Chapter 9: Market Structure and Pricing Decisions




This chapter explains the concept and types of market structure. It shows how market structure affects pricing decisions using various models such as perfect competition, monopoly, monopolistic competition, oligopoly, etc. It also discusses the concept and measurement of market power and its implications for pricing and output decisions.


Chapter 10: Profit Management




This chapter explains the concept and measurement of profit. It shows how profit can be maximized using various methods such as profit functions, marginal revenue, marginal cost, etc. It also discusses the concept and measurement of profit margin, profitability ratios, break-even point, etc.


Chapter 11: Risk Analysis




This chapter explains the concept and sources of risk. It shows how risk can be measured Chapter 11: Risk Analysis




This chapter explains the concept and sources of risk. It shows how risk can be measured and managed using various methods such as probability distributions, expected value, standard deviation, coefficient of variation, etc. It also discusses the concept and measurement of risk aversion and risk premium.


Chapter 12: Capital Budgeting




This chapter explains the concept and process of capital budgeting. It shows how capital budgeting decisions can be made using various methods such as net present value, internal rate of return, profitability index, payback period, etc. It also discusses the factors that affect capital budgeting decisions such as cash flows, discount rate, inflation, taxes, etc.


Chapter 13: Macroeconomic Environment




This chapter explains the concept and components of macroeconomic environment. It shows how macroeconomic environment affects business performance using various indicators such as gross domestic product, inflation, unemployment, interest rate, exchange rate, etc. It also discusses the concept and types of macroeconomic policies such as fiscal policy, monetary policy, trade policy, etc.


Chapter 14: Government and Business




This chapter explains the concept and role of government in business. It shows how government influences business decisions using various instruments such as laws, regulations, subsidies, taxes, tariffs, quotas, etc. It also discusses the concept and types of market failures such as externalities, public goods, asymmetric information, etc.


Chapter 15: International Trade and Investment




This chapter explains the concept and benefits of international trade and investment. It shows how international trade and investment can be analyzed using various theories such as comparative advantage, Hecksher-Ohlin model, Porter's diamond model, etc. It also discusses the concept and types of trade barriers such as tariffs, quotas, non-tariff barriers, etc.


Review and feedback: What others are saying about the ebook and how it helped them




The ebook by Dwivedi has received positive reviews and feedback from many users who have found it useful and helpful for learning and applying managerial economics. Here are some of the testimonials from the users:


"This ebook is a great resource for anyone who wants to learn managerial economics in a simple and practical way. The author has explained the concepts and applications very clearly and logically with relevant examples and case studies. The ebook is also very comprehensive and covers all the important topics in managerial economics. I highly recommend this ebook to anyone who wants to master managerial economics."


- Ravi Kumar, MBA student


"I have been using this ebook for teaching managerial economics to my undergraduate students. The ebook is very well-written and organized with clear learning objectives and key terms. The ebook also provides ample exercises and questions to test the students' understanding and skills. The online companion website is also very helpful for providing additional resources such as slides, solutions manual, test bank, etc. The ebook is one of the best textbooks on managerial economics that I have come across."


- Dr. Anjali Sharma, Professor of Economics


"This ebook is a must-have for any manager who wants to improve their decision making skills using economic tools and techniques. The ebook covers both the microeconomic and macroeconomic aspects of managerial economics that are relevant for business managers. The ebook also provides real-world examples and case studies from various industries and countries that illustrate how managerial economics can be applied to solve various business problems. The ebook is very easy to read and understand with simple language and diagrams."


- Rajesh Singh, Business Manager


Conclusion: A recap of the main points and a call to action




In conclusion, we have given you a comprehensive guide on the ebook by Dwivedi on managerial economics. We have covered the following points:


  • What is managerial economics and why is it important?



  • What are the features and benefits of the ebook by Dwivedi?



  • How can you use the ebook effectively for learning and application?



  • What are the key concepts and topics covered in the ebook?



  • What are the reviews and feedback from other users of the ebook?



We hope that this article has helped you to understand what the ebook by Dwivedi offers and how it can help you to learn and apply managerial economics. If you are interested in getting the ebook, you can visit the online website and download it for a reasonable price. You can also access the online companion website for additional resources and support. The ebook by Dwivedi is a valuable resource for anyone who wants to master managerial economics in a simple and practical way.


FAQs: Answers to some common questions about the ebook




Here are some of the frequently asked questions and answers about the ebook:


Q: Who is the target audience of the ebook?




A: The ebook is suitable for anyone who wants to learn managerial economics, such as students, teachers, managers, researchers, etc. The ebook covers both the basic and advanced topics in managerial economics, so it can cater to different levels of learners.


Q: How long does it take to read the ebook?




A: The ebook has about 700 pages, so it depends on your reading speed and comprehension level. However, you don't have to read the entire ebook at once. You can read it chapter by chapter according to your needs and interests. You can also use the outline, summary, and key terms to get a quick overview of each chapter.


Q: How can I access the online companion website?




A: The online companion website is available at www.dwivediebook.com. You can access it by registering with your email address and password. Once you log in, you can access various resources such as slides, solutions manual, test bank, etc.


Q: How can I contact the author of the ebook?




A: You can contact the author of the ebook by sending an email to dwivedi@imt.edu.in. You can also follow him on Twitter @dwivediecon. He will be happy to answer your queries and feedback.


Q: How can I get updates on the ebook?




A: You can get updates on the ebook by visiting the online website regularly. You can also subscribe to the newsletter or follow the social media accounts of the ebook. You will be notified of any new editions, revisions, or additions to the ebook. 71b2f0854b


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