1st Edition

Economics and Management Essentials with Applications

By G. Cornelis van Kooten Copyright 2027
368 Pages 110 B/W Illustrations
by Routledge

368 Pages 110 B/W Illustrations
by Routledge

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... Read more

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

Biography

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.

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 ZhangProfessor, Northwest Agriculture and Forestry University, China