Managerial economics

By Mark Hirschey (1999)

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Author

Mark Hirschey

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Summary

What the internet says

Aggregated insights from reviews and discussions across the web.

Overall reception: Mostly positive

Mark Hirschey's 'Managerial Economics' textbook receives generally positive reception across academic circles, with a 3.57 average rating on Goodreads from 35 ratings. The book is widely adopted at both undergraduate and graduate levels across numerous academic institutions as a standard text for managerial economics courses. Reviews consistently praise its accessibility for students without extensive quantitative backgrounds while maintaining rigorous coverage of economic decision-making principles. One detailed review from a Thriftbooks user who identifies as an economics instructor gave it high marks, noting it is 'designed primarily for those who may not necessarily have a strong quantitative background but need to understand the fundamentals of decision making.'

What readers loved

  • Clear and concise presentation of economic applications to business decision-making
  • Excellent real-world examples and illustrations supporting theoretical concepts in each chapter
  • Accessible to students without strong quantitative backgrounds
  • Comprehensive coverage with 18 chapters plus appendices addressing both short-run and long-run business decisions
  • Integrative approach showing how management, accounting, finance, marketing, and production functions work together
  • Practical problem sets at the end of each chapter that don't require extensive mathematical expertise
  • Continuous references to contemporary business issues making content relevant

Common critiques

  • Some users rated it as low as 2 stars, suggesting inconsistent satisfaction across different reader needs
  • Limited availability with fewer than 1 copy received every 6 months according to Thriftbooks
  • Mixed ratings ranging from 1 to 5 stars indicate the text may not suit all learning styles
Last updated April 28, 2026 Summary based on publicly available reviews. May not reflect every reader's experience.