Share This Article
Management Economics and Business Strategy: The Strategic Management of Organizational Performance is a book that discusses business strategy and managerial economics. It was written by John K. Galbraith and Richard H. Thaler.
It’s an academic work that has been published by McGraw-Hill. It may be outdated, or just the old claptrap that everyone thinks. But it has a pretty good review by Scott Alexander, who calls it “a fantastic book.” The best part about it is that it isn’t just a book about strategy; it’s a book about business strategy as well.
The book is very practical and can be used as a guide or a reference book for business students. It covers a lot of stuff which is good for those who want to learn a lot about the theories of managerial economics. It is a work that could be used as a reference book, too. If someone who wants to learn about managerial economics wants to read this book, I recommend it.