Managerial Economics Review

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Managerial Economics ReviewThe writing style of this textbook can be best described as oblique and vaucous. Perhaps the author's main goal was to write a textbook with as few concrete statements as possible so he does not expose himself to criticism. You will read many pages of this textbook and wonder if you have read anything substantive at all.
Sometimes, the author never bothers to explain even the most important concepts in Microeconomics. For example, the author simply states that MR=MC yet never explains why or how. I had to do my own analysis using calculus on PQ vs Q and VC vs Q graphs to make my own conclusion and understanding. But many students don't have the time, the inclination, or the knowhow to do so.
The graphs are very poorly labeled and seems out of place from the text. For example, the graph on page 225 begs a better description and label. The Y axis simply states "Cost/Unit" and I was left guessing whether that is the Average Cost or not.
The problems at the end of each chapters are good but are totally out of place with the textual explanation. The majority of the problems ask questions that the chapter had hardly, if at all, covered. You will scratch your head on many occassions trying to solve problems on concepts the chapter had hardly crossed, let alone explained in mathematical detail that the problems require.
It seems the problems were written by a different person than the author and neither bothered to check whether the problems were aligned with the concepts explained in the chapter. Moreover, there are only around 15 problems at the end of each chapter. I think most microeconomic textbooks would offer more.
It almost seems like the author did his own microeconomic analysis and figured writing this textbook was worth only X amount of his time. This textbook, in my opinion, is incomplete and half-baked and we microeconomics students deserve better.Managerial Economics Overview

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