Managerial Economics is a stand-alone textbook that requires no prior training in economics. While maintaining a rigorous style, this book is designed to be one of the most accessible books in managerial economics from which to teach and learn due to its clarity of presentation and end-of-chapter issues. Rather than rapidly scrolling students through every interesting or new topic in microeconomics and industrial organization, this 13th edition carefully develops and applies the concepts most useful for business decision-making and strategic planning.
Emeritus Professor of Economics at Texas A&M University. He spent 30 years in the business department of Texas A&M, where he served as department head from 1977 to 1981, and held the Rex B. Gray University Professorship of Free Enterprise from 1981 to 1985. Professor Maurice has published numerous articles on microeconomic theory in the top business journals. He co-authored two academic books on natural resource depletion: The Doomsday Myth and The Economics of Mineral Extraction. Along with Charles Ferguson and later with Owen Phillips, he also wrote the popular advanced microeconomics textbook Economic Analysis, which was published from 1971 to 1996. Professor Maurice retired to Gainesville, Florida, where he lived until his death in early 1999.