The Study Guide to Accompany Managerial Economics, Third Edition provides students with the homework drill necessary to fully understand and apply concepts covered in the textbook Managerial Economics, Third Edition.

1. Introduction to Managerial Economics 1. Part I: Competitive Markets:. 2. Demand. 3. Elasticity. 4. Supply. 5. Competitive Markets. 6. Economic Efficiency. Part II: Market Power:. 7. Costs. 8. Monopoly. 9. Pricing. 10. Strategic Thinking. 11. Oligopoly. Part III: Imperfect Markets:. 12. Externalities. 13. Asymmetric Information. 14. Incentives and Organization. 15. Regulation

The Study Guide to Accompany Managerial Economics, Third Edition provides students with the homework drill necessary to fully understand and apply concepts covered in the textbook. It contains multiple-choice questions to guide students through a thorough development of crucial graphing and algebraic skills, and builds the student vocabulary needed to succeed in the subject. Fully explicated solutions are provided for each question. Extensive online resources are available at www.mecon.nus.edu.sg, including updates to the book, PowerPoint slides, an Instructor’s Manual, and answers to discussion questions. Now in its third edition, Managerial Economics is a non-technical introduction to the essential microeconomic principles needed by business managers. Retaining the global focus and economic rigor found in previous editions, it has been extensively updated and rewritten to include new and recent cases and examples from a multitude of countries and economic systems, applied to managerial situations.

“The text is well written and accessible. The case studies are fantastic—so often authors oversell the examples, but they are just right in this book. They are treated as illustrations rather than evidence. The introductory examples in each chapter are outstanding.” Kenneth Corts, Rotman School of Management, University of Toronto “The level is exactly right for my MBA and P-MBA students. I think it is very important, at the MBA level, to have context-specific questions and Png and Lehman have met this test. The case studies are an extremely valuable component of the book.” Brian Kench, John H. Sykes College of Business, University of Tampa “We recommend this text because it provides high-quality exposition of complex topics using numerous relevant and informative case examples. It continues to be well organized and excellently explained.” Edward Jones, Management School and Economics, University of Edinburgh