Managerial Economics & Organizational Architecture

by James A. Brickley, Jerold L. Zimmerman, Clifford W Smith Jr, et al.

Book Overview

With two distinct objectives, this text's approach to managerial economics takes models from recent economics research and applies the research to the internal structure of a firm. After teaching... This description may be from another edition of this product.

• Format: Paperback
• ISBN: 130859318X
• Release Date: January 2015
• Publisher: McGraw Hill
• Length: 739 Pages
• Weight: 4.25 lbs.

Customer Reviews

Excellent format!

This book is very easy to follow and gets straight to the point. It has allow me to develop a very good understanding of how organizational makeup can impact the progress of an organization and its stakeholders.

Managerial Economics and Organizational Architecture

I'm a consultant and this book is quite good in order to improve my performance during my job.

An Old Favorite Brought Up to Date

This book has two real aspects. First is is a good general introduction to economics that might be used at the upper undergraduate or MBA level. Note the title says that it is 'Managerial Economics.' This book is aimed at the student following a management track rather than a professional economics track. The concept of the book is to give an overview of all aspects of economic theory without a heavy concentration in any one particular area. Second, this is the fourth edition of the book. This was made necessary because of the great changes that have occurred as a result of Enron, Arthur Anderson and the other companies that collectively made great changes in the business environment. One such change is the Sarbanes-Oxley Act of 2002, discussed at length here even though it is still too new to realize its full implications. The case studies that are included reflect these new times: Arthur Anderson, Barings Bank, Interwest Healthcare, Property Right Security in Russian Deprivatization, eBay.com, iTunes, Wal-Mart.com and others that could come directly off of today's headlines. This is a new and up-to-date edition of a well received book.

Best Book in my MBA Program

This book was the best that I read in my MBA program. It is filled with great examples and is easy to read. At the same time it taught me important economic concepts. I had struggled with these concepts as an undergraduate but thanks to this text I now feel that I have them mastered. Unlike other economic texts this book focuses on real management problems.

It provides a powerful analysis of organizational structure.

This book provides a broad, powerful, economics-based framework for examining a wide array of organizational problems--centralization vs decentralization, use of incentive compensation, establishing cost or profit centers. It is well organized, and the numerous examples from the business press help relate the analysis to practice. Because it is based on economics, it provides strong links to finance, accounting, and marketing.