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12/15/2005 - "Economies of scale" in production means that long run average costs decline as a firm's production level rises; this is characteristic of many types of production such as autos and cruise ships (as mentioned in ... >> Click here to read more

Welcome to the Student Website for Managerial Economics, 6th edition!

This website is a forum for you to use the skills you learn in class in real world settings.

SPREADSHEET EXERCISES allow you to practice the skills you’ve learned in the book by manipulating data with a program widely used in the business world: Excel.

THE ECONOMICS NEWS SERVICE gives you a new article each week taken from periodicals such as Business Week and The Economist. These articles allow you to see the concepts you’ve learned in the book in new, up-to-the-minute real world settings.

REVIEW QUIZZES: quizzes for each chapter help you to test your grasp of the material, so you will be better prepared for your exams.