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Managerial Economics: Principles and Worldwide Applications 7th Edition, authored by Dominick Salvatore, is a text that uses the theory of linking economic theory (microeconomics and macroeconomics), decision sciences (mathematical economics and econometrics), and function areas of business (accounting, finance, marketing, personnel or human resource management, and production). The book goes into in-depth detail about the nature and scope of managerial economics. About Oxford University Press Oxford University Press is a renowned publishing house that develops and publishes high quality textbooks, scholarly works, and academic books for school courses, bilingual dictionaries and also digital materials for both learning and teaching. It is a division of the University of Oxford. The first book was locally published in the year 1912. Some of the books published under their banner are India’s Ancient Past, Atkins’ Physical Chemistry, Companion to Politics in India, Sociology: Themes and Perspectives and Common Mistakes at IELTS Advanced …and How to Avoid Them.