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Managerial Economics and Organizational Architecture, 5e helps the student to gain an understanding of the basic tools of economics used to solve important business problems. It also provides an in-depth analysis of the firm and corporate governance topics. The Fifth Edition has an improved focus on decision-making and managerial applications, within the structure of an organization.
- Sales Rank: #125080 in Books
- Brand: Brand: Business And Economics
- Published on: 2008-10-13
- Format: Black & White
- Original language: English
- Number of items: 1
- Dimensions: 10.30" h x 1.30" w x 8.20" l, 3.25 pounds
- Binding: Hardcover
- 736 pages
- Used Book in Good Condition
About the Author
Research and teaching interests in the economics of organizations, corporate governance and compensation policy, corporate finance, franchising and banking. From 1989 to 1991, he was chairman of the Finance Department and research director at he University of Utah's Garn Institute of Finance. Professor Brickley was chairman of he Committee on MBA Programs from 1994-1997.
Clifford W. Smith, Jr. University of Rochester
Research and teaching interests involve financial and managerial accounting. He and Professor Ross L. Watts received American Institute of Certified Public Accountants Awards in 1979 and 1980 for their joint papers. He received the American Accounting Association award for Seminal Contribution to Accounting Literature in 2004. He was the 1978 winner of the Competitive Manuscript Award, sponsored by the American Accounting Association, for his paper, "The Costs and Benefits of Cost Allocation." His research, which has come to be called "positive theories of accounting," seeks to understand the costs and benefits of various accounting procedures. He and Watts co-authored a book, Positive Accounting Theory, published by Prentice-Hall in 1986.
Most helpful customer reviews
3 of 3 people found the following review helpful.
A little short-sighted
By Will T
The book is fine for teaching adherence to the age-old market equilibrium supply and demand models, however it offers little further economic insight. In its praise of the free markets, it doesn't adequately address potential market failures or the assumptions on which its models are based. These would be worthwhile things to know for someone actually looking to become a managerial economist.
1 of 1 people found the following review helpful.
Awful! Disorganized and not helpful
By Jennifer Fitterman
I have read a lot of text books and this is the worst one i have ever read. The first chapter is the authors justifying the book and the practice. The information is completely disjointed and unorganized with questions and case studies in the book addressing concepts not yet presented. There are not nearly enough examples to help facilitate learning and understanding and it is so dry and monotous, it makes it very difficult to traverse.
2 of 3 people found the following review helpful.
Steve
By Sam
I completely agree with the negative reviews. I too have read a lot of text books for my PhD and MBA and this is by far the worst one that I have encountered. For all intense and purposes it is not even an economics book. The author focuses on organization behavior more than economic theory. Only 7 of the 21 verbose and poorly written chapters are dedicated to economics. If you are starting out and needing to learn economics avoid this book if you can as you will find it difficult to follow and pointless at time. I needed to buy a secondary source of information and I picked Microeconomic 3rd ed Besanko et al just to understand the exact same examples detailed in both books, only Besanko was a pleasure to read, very clear and I learned a significant amount from. Brickley et al fails to explain the core concepts by either glossing over through over simplifying or by introducing concepts out of natural learning order, such as advanced concepts first and then going back and starting with simple supply and demand. Anyone who enjoyed this book in my opinion was not trying to learn the details of managerial economics and simply liked reading their gratuitous organization behavior examples.
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