'Managerial economics' is the application of economic theory and quantitative methods (mathematics and statistics) to the managerial decision-making process. This book will appeal to students with limited prior training in economics and quantitative methods. It assumes that students will have had mathematics training at least through pre-calculus and that they have had a course in elementary statistics. It also expects students to have had an undergraduate course in intermediate microeconomics. The book includes these features - An Online Instructor's Manual - An Online Study Guide - A problem-solving approach to the study of managerial economics that combines the features of a standard managerial economics textbook with those of a separate study guide. A method for helping business students develop the analytical skills necessary for success in the study of managerial economics, finance, and management. A more extensive review of mathematical techniques than most comparable textbooks. A separate chapter on game theory, including - Noncooperative, simultaneous-move, one- shot games Cooperative, simultaneous-move, infinitely- repeated games (including collusions, cheating rules, and determinants of collusive agreements) Cooperative, simultaneous-move, finitely- repeated games - Focal-point equilibria - Multistage games Bargaining with and without symmetric and asymmetric impatience A chapter on the time value of money and capital budgeting.The accentuation of risk, uncertainty, and the economics of information throughout.