Economics for business and management : a student text / edited by Alan Griffiths and Stuart Wall.
Contributor(s): Griffiths, Alan | Wall, Stuart.
Material type: BookPublisher: London : Financial Times Prentice Hall, 2005Description: xviii, 756 p. ; 25 cm. + pbk.ISBN: 027368549X.Subject(s): Economics | Managerial economicsDDC classification: 338.5024658Item type | Current library | Call number | Copy number | Status | Date due | Barcode | Item holds |
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General Lending | MTU Bishopstown Library Lending | 338.5024658 (Browse shelf(Opens below)) | 1 | Available | 00157689 | ||
General Lending | MTU Bishopstown Library Lending | 338.5024658 (Browse shelf(Opens below)) | 1 | Available | 00106469 | ||
General Lending | MTU National Maritime College of Ireland Library Lending | 338.5024658 (Browse shelf(Opens below)) | 1 | Available | 00158270 | ||
General Lending | MTU National Maritime College of Ireland Library Lending | 338.5024658 (Browse shelf(Opens below)) | 1 | Available | 00158113 |
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Enhanced descriptions from Syndetics:
This student text introduces the key principles of microeconomics and macroeconomics and applies them to a wide variety of situations encountered by decision makers.
Includes bibliographical references (pages 701-703) and index.
Part I: Micro business environment -- Markets and resource allocation -- Demand, revenue and consumer behaviour -- Supply, production and cost -- Business organisation, objectives and behaviour -- Firm size, mergers and the \'public interest\' -- Market structures -- Labour and other factor markets -- Market failure, regulation and competition -- Part II: Macro business environment -- National income determination -- Government policies: instruments and objectives -- Demographic and social environment -- Political, legal, ecological and technological environment -- Functions of management: domestic business environment -- International business environment -- Strategies in a globalised business environment -- Leisure, hospitality and sports sectors.
Table of contents provided by Syndetics
- Introduction: Using this Book
- Part 1 Micro Business Environment
- 1 Markets and Resource Allocation Wants, limited resources and choice
- Demand curves and functions
- Supply curves and functions
- Price determination
- Changes in market price and quantity
- Resource allocation in different economic systems
- Key Terms
- Key Points
- Assessment Practice
- Case Study
- 1.1 Death of the CD!Case Study
- 1.2 Dyson relocates production to South East Asia
- Case Study
- 1.3 Consumer tastes and the Atkins Diet
- Case Study
- 1.4 The drug warCase Study
- 1.6 Fulfilling the plan
- 2 Demand, Revenue and Consumer Behaviour Price elasticity of demand (PED)
- Price elasticity of demand (PED) and revenue
- Total, average and marginal revenue
- PED and tax incidence
- Other elasticities of demand
- 'Veblen effect' and consumer behaviour
- Consumer surplus
- Utility and consumer behaviour
- Key Terms
- Key Points
- Assessment Practice
- Case Study
- 2.1 Channel Tunnel revenues collapse
- Case Study
- 2.2 Taxing French smokers
- Case Study
- 2.3 Tobacco smuggling, price elasticity of demand and tax revenue
- Case Study
- 2.4 Transport and elasticities of demand
- Case Study
- 2.5 'Top-up fees' and the 'Veblen effect'
- Case Study
- 2.6 What is time worth?
- Case Study
- 2.7 Changing tastes over time
- 3 Supply, Production and Cost The factors of production
- Combining factors of production: the laws of return
- Costs of production: short run
- Costs of production: long run
- Deciding whether to produce in the short run and the long run
- Price elasticity of supply (PES)
- Outsourcing and cost
- Governemnts, location and cost
- Producer surplus
- Key Terms
- Key Points
- Assessment Practice
- Case Study
- 3.1 Theatre costs in the West End
- Case Study
- 3.2 Head Office - some easy economies?
- Case Study
- 3.3 Scale economies in the skies
- Case Study
- 3.4 Outsourcing, production and costs
- Case Study
- 3.5 Low-cost goods rule out Britain
- 4 Business Organisation, objectives and behaviour Types of business organisation
- Business objectives: maximising
- Business objectives: non-maximising behaviour
- Does firm objective matter?
- Profit, ethics and the environment
- Business behaviour
- Corporate governance
- Product life cycle
- Key Terms
- Key Points
- Assessment Practice
- Case Study
- 4.1 Partnership or Ltd company?
- Case Study
- 4.2 The rise of shareholder power
- Case Study
- 4.3 Brand value and social responsibilty
- Case Study
- 4.4 Crisis at Parmalat
- 5 Firm Size, Mergers and the 'public interest' Small to medium-sized enterprises (SMEs)
- Small firm survival
- Small firms and the UK economy
- Growth in firm size
- Mergers: who benefits?
- Types of merger activity
- Explanantions of merger activity
- Demerging
- Mergers and the public interest
- Key Terms
- Key Points
- Assessment Practice
- Cast Study
- 5.1 Alternative Investment Market (AIM)
- Case Study
- 5.2 Mergers - for managers or shareholders
- Case Study
- 5.3 AOL and Time Warner merger
- Case Study
- 5.4 Demergers boost value
- 6 Market Structures Perfect Competition
- Contestable market theory
- Monopoly
- Monopolistic competition
- Oligopoly
- Key Terms
- Key Points
- Assessment Practice
- Case Study
- 6.1 Perfect competition and the Internet
- Case Study
- 6.2 New entry and profit rates
- Case Study
- 6.3 Cartels and collusion
- Case Study
- 6.4 Price discrimination in pharmaceuticals
- 7 Labour and other Factor Markets Factor payments and derived demand
- Occupational differences in wages and employment
- Imperfectly competitive labour markets
- UK labour marker regulations
- EU Social Chapter
- Work-life balance
- Gender and ageism
- Transfer earnings and economic rent
- Key Terms
- key Points
- Assessment Practice
- Case Study
- 7.1 Pop idols
- Case Study
- 7.2 Concerns over the NMW
- Case Study
- 7.3 Working hours in France
- Case Study
- 7.4 Flexible working - opportunity or threat
- 8 Market Failure: Regulation and Competition Types of market failure
- Correcting 'market failures'Regulation
- Deregulation and privatisation
- Regulation of privatisation companies
- UK competition policy
- EU competition policy
- Key Terms
- Key Points
- Assessment Practice
- Case Study
- 8.1 Th