Saturday, July 20, 2019

Managerial Economics


Managerial economics deals with the application of the economic concepts, theories, tools and methodologies to solve practical problems in business. It also refers to the application of economic theory (micro economics and macroeconomics) and tools of analysis of decision science.  Managerial economics is the combination of economics theory and managerial theory which helps the manager in making decision and act a bridge between practice and theory.

Managerial Economics

Managerial economics deals with the application of the economic concepts, theories, tools and methodologies to solve practical problems in...