Economics For Business (8th Edition) – eBook PDF
Why study Economics for Business?
Good economic decision-making is central to the success of the business. Economic decisions lie at the core of the business. Economics is all about the selections between alternatives and how to weigh up their costs and benefits.
Sloman’s Economics For Business, 8th Edition, (PDF) will help you comprehend such choices and how to make them successfully when you take up a job or possibly run your own business. Businesses need to make choices of what and how much to produce, who to employ, what techniques to use, what investment to make, what markets to develop, where to locate and how best to compete with rivals. Economics assists them to make the right decisions. But making the correct decisions depends on the economic environment in which businesses operate. For example, government policy affects business: whether through subsidies, taxation, training and education, regulation, or trade policies.
The economic environment is also influenced by trade relations and the actions of international bodies like the World Trade Organization (WTO) and the International Monetary Fund (IMF). Issues like Brexit, trade deals, and migration crucially affect businesses. The ebook shows you how. You will be studying all these topics and more in this book. It will give you the skills to recommend businesses and other organizations on how best to achieve their objectives. The advice of economists is fundamental to good decision-making. But to give good advice needs understanding issues and assessing evidence. Studying economics assists to give you this understanding and makes you a better problem solver.
Additional ISBNs: 978-1292239279, 978-1292239323, 9781292239293, 1292239298, 978-1292239293,
NOTE: The product only includes the ebook Economics For Business 8th Edition, in PDF. No access codes are included.