Economics and Management

Essentials with Applications

AvG. Cornelis van Kooten

Inbunden, Engelska, 2026

2 325 kr

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Beskrivning

Economics and Management offers an intermediate-level introduction to economic and operations research concepts, tailored for upper-level undergraduate and MBA students from non-economics backgrounds. Blending economic theory with practical applications, it equips future managers, engineers, and policymakers with the analytical tools to navigate today's complex economic landscape.At the macroeconomic level, the book explores fiscal and monetary policy, technological change, economic growth, inflation, unemployment, and international trade. At the microeconomic level, it examines production economics, firm theory, consumer demand, market structures, cost-benefit analysis, and pricing strategies through an applied economics lens. The text uniquely addresses risk and uncertainty by examining global challenges such as climate change and the energy transition, highlighting how financial instruments like insurance, weather derivatives, and prediction markets can mitigate these risks.A key feature of the book is its integration of Artificial Intelligence into economic analysis. Students learn to use AI to write R code for simulations, regression modeling, and optimization problems, making complex coding accessible to non-programmers. Applications include stochastic cost-benefit analysis, sales forecasting, and tariff analysis. Excel tools are also employed for regression and optimization tasks, with AI guidance simplifying problem-solving.Economics and Management provides a holistic and practical approach to economics, enabling students from non-economics backgrounds to confidently address real-world challenges.

Produktinformation

Utgivningsdatum:2026-10-20
Mått:174 x 246 x undefined mm
Format:Inbunden
Språk:Engelska
Antal sidor:368
Förlag:Taylor & Francis Ltd
ISBN:9781041327424

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Mer om författaren

G. Cornelis van Kooten is Emeritus Professor of Economics and former Canada Research Chair at the University of Victoria, Canada, and Scholar in Residence in the Business School at Trinity Western University, Canada.

Recensioner i media

“Economics and Management is amazing! Professor van Kooten has weaved together the appropriate theory with relevant concepts in environmental economics, ethics, climate change and energy, AI, and quantitative methods.” — James Vercammen, Professor, Sauder School of Business, University of British Columbia and author of ‘Agricultural Marketing: Structural Models for Price Analysis’"This is a valuable and wide-ranging text that brings together economic theory, institutional insights, and practical applications in a highly accessible way. Particularly commendable is its treatment of timely issues such as land use, climate change, energy, risk, the growing role of AI, and quantitative tools in applied analysis. This book will be a highly useful resource for advanced undergraduates, graduate students, and scholars seeking a stronger bridge between economics, management, and real-world decision-making."— Han Zhang, Professor, Northwest Agriculture and Forestry University, China

Innehållsförteckning

1. Introduction Part I: Economic Philosophy and Theory 2. Philosophical Considerations 3. Macroeconomic Environment 4. Microeconomic Theory: Firms, Consumers and Trade 5. Welfare Measurement and Project Evaluation Part II: Market Structure, Efficiency and Institutions 6. Price Theory: Market Structure and Distortions 7. Price Theory and the New Institutional Economics 8. Efficiency and Equity in Land-Use Planning Part III: Climate Change and Uncertainty 9. Economics of Climate Change 10. Energy Economics and Policy 11. Risk and Uncertainty Part IV: Application: Computational Economics and AI 12. Artificial Intelligence and R Software 13. Regression and Simulation 14. Mathematical Programming 15. Concluding Discussion. Appendix: Mathematics Briefing

Inbunden

1 589 kr