{"product_id":"economic-systems-analysis-and-assessment-9780470137956","title":"Economic Systems Analysis and Assessment","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cb\u003eAn Authoritative Introduction to a Major Subject in Systems Engineering and Management\u003c\/b\u003e  \u003cp\u003eThis important volume fills the need for a textbook on the fundamentals of economic systems analysis and assessment, illustrating their vital role in systems engineering and systems management. Providing extensive coverage on key topics, it assumes no prior background in mathematics or economics in order to comprehend the material.\u003c\/p\u003e \u003cp\u003eThe book is comprised of five major parts:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eMicroeconomics: a concise overview that covers production and the theory of the firm; theory of the consumer; market equilibria and market imperfections; and normative or welfare economics, including imperfect competition effects and consumer and producer surplus\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eProgram Management Economics: discusses economic valuation of programs and projects, including investment rates of return; cost-benefit and cost-effectiveness analysis; earned value management; cost structures and estim\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cb\u003ePREFACE.\u003c\/b\u003e  \u003c\/p\u003e\n\u003cp\u003e\u003cb\u003eChapter 1 Introduction to Economic Systems Analysis and Assessment: Cost, Value, and Competition in Information and Knowledge Intensive Systems, Organizations, and Enterprises.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1.1 Inroduction.\u003c\/p\u003e \u003cp\u003e1.2 A Framework for Systems Engineering and Management.\u003c\/p\u003e \u003cp\u003e1.3 Theory of the Firm.\u003c\/p\u003e \u003cp\u003e1.4 Theory of the Consumer.\u003c\/p\u003e \u003cp\u003e1.5 The Interaction of the Theories of the Firms and Consumers: Microeconomic Models of Economic Activity.\u003c\/p\u003e \u003cp\u003e1.6 Welfare or Normative Economics.\u003c\/p\u003e \u003cp\u003e1.7 Program and Program Management Economics.\u003c\/p\u003e \u003cp\u003e1.8 Contemporary Issues Concerning Information and Information Technology Economic.\u003c\/p\u003e \u003cp\u003e1.9 Economic Pitfalls in the Engineering of Systems.\u003c\/p\u003e \u003cp\u003e1.10 Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Production and the Theory of the Firm.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e2.1 Introduction.\u003c\/p\u003e \u003cp\u003e2.2 The Production Function.\u003c\/p\u003e \u003cp\u003e2.3 Multiproduct Firms and Multiproduct Production Functions.\u003c\/p\u003e \u003cp\u003e2.4 Classical Theory of the Firm.\u003c\/p\u003e \u003cp\u003e2.5 Imperfect Competition.\u003c\/p\u003e \u003cp\u003e2.6 Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 The Theory of the Consumer.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e3.1 Introduction.\u003c\/p\u003e \u003cp\u003e3.2 Economic Utility Theory and Its Axioms.\u003c\/p\u003e \u003cp\u003e3.3 Property of Utility Functions.\u003c\/p\u003e \u003cp\u003e3.4 The Fundamental Problem of the Consumer.\u003c\/p\u003e \u003cp\u003e3.5 Sensitivity and Substitution Effects.\u003c\/p\u003e \u003cp\u003e3.6 Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Supply-Demand Equilibria and Microeconomic Systems Analysis and Assessment Models\u003c\/b\u003e.\u003c\/p\u003e \u003cp\u003e4.1 Introduction.\u003c\/p\u003e \u003cp\u003e4.2 Basic Supply-Demand Equilibrium for a Single Good.\u003c\/p\u003e \u003cp\u003e4.3 General Supply-Demand Equilibrium Conditions.\u003c\/p\u003e \u003cp\u003e4.4 Extensions to General Equilibrium to Include Market Interdependencies.\u003c\/p\u003e \u003cp\u003e4.5 Microeconomics Models.\u003c\/p\u003e \u003cp\u003e4.6 Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Normative or Welfare Economics, Decisions and Games, and Behavioral Economics.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e5.1 Introduction.\u003c\/p\u003e \u003cp\u003e5.2 Pareto Optimality Under Perfect Competitive Conditions.\u003c\/p\u003e \u003cp\u003e5.3 External Effects and Imperfect Competition-Public Goods.\u003c\/p\u003e \u003cp\u003e5.4 External Effects and Imperfect Competition-Nonindependent Production and Consumption.\u003c\/p\u003e \u003cp\u003e5.5 Welfare Maximization and Social Choice.\u003c\/p\u003e \u003cp\u003e5.6 Summary.\u003c\/p\u003e \u003cp\u003e5.7 Selected Bibliography.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Cost-Benefit and Cost-Effectiveness Analysis and Assessments.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e6.1 Introduction.\u003c\/p\u003e \u003cp\u003e6.2 The Time Value of Money.\u003c\/p\u003e \u003cp\u003e6.3 Identification of Costs and Benefits.\u003c\/p\u003e \u003cp\u003e6.4 The Identification and Quantification of Effectiveness.\u003c\/p\u003e \u003cp\u003e6.5 A Guide to Cost-Benefit Analysis.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Cost Assessment.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e7.1 Model-Based Parameters for Productivity.\u003c\/p\u003e \u003cp\u003e7.2 Early Models for Estimation of Costs, Including Effort and Schedule.\u003c\/p\u003e \u003cp\u003e7.3 The Constructive Cost Model.\u003c\/p\u003e \u003cp\u003e7.4 Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 8\u003c\/b\u003e \u003cb\u003eAPPROACHES TO INVESTMENT VALUATION.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e8.1. Microeconomics.\u003c\/p\u003e \u003cp\u003e8.2. The Investment Problem.\u003c\/p\u003e \u003cp\u003e8.3. Investment Valuation.\u003c\/p\u003e \u003cp\u003e8.4. Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 9\u003c\/b\u003e \u003cb\u003eREAL OPTIONS FOR INVESTMENT VALUATION.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e9.1. Nature of Options.\u003c\/p\u003e \u003cp\u003e9.2. Option Pricing Theory.\u003c\/p\u003e \u003cp\u003e9.3. Option Calculator.\u003c\/p\u003e \u003cp\u003e9.4. Strategic Metrics.\u003c\/p\u003e \u003cp\u003e9.5. Investment Decision Making.\u003c\/p\u003e \u003cp\u003e9.6. Value-Centered R\u0026amp;D.\u003c\/p\u003e \u003cp\u003e9.7. Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 10\u003c\/b\u003e \u003cb\u003eCONTEMPORARY PERSPECTIVES.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e10.1. Introduction.\u003c\/p\u003e \u003cp\u003e10.2. Evolutionary Economics.\u003c\/p\u003e \u003cp\u003e10.3. Path Dependence and Network Effects.\u003c\/p\u003e \u003cp\u003e10.4. Intellectual Capital.\u003c\/p\u003e \u003cp\u003e10.5. Value of Information.\u003c\/p\u003e \u003cp\u003e10.6. Investing in Humans.\u003c\/p\u003e \u003cp\u003e10.7. Summary.\u003c\/p\u003e \u003cp\u003eINDEX.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49402294600023,"sku":"9780470137956","price":115.16,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780470137956.jpg?v=1730479973","url":"https:\/\/bookcurl.com\/products\/economic-systems-analysis-and-assessment-9780470137956","provider":"Book Curl","version":"1.0","type":"link"}