Managerial Economics in a Global Economy
Managerial Economics is economics applied to business. It deals with the application of economic concepts and economic analysis towards formulating rational business decisions. Managerial Economics is designed to provide a solid foundation of economic understanding for application in managerial decision-making process. Businessmen and women have to develop special skills to tackle their problems. The methods of reasoning, concepts, tools and techniques provided by Managerial Economics aid the process of business decision-making. Managerial Economics uses basic economic paradigms as a functional tool for problem solving.
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Managerial Economics In A Global Economy Economic Paradigms Functional Tool Rational Business Managerial Decision Economic Concepts Business Decisions Methods Of Reasoning Studen Business Decision Economic Analysis Solid Foundation Businessmen Decision Ma
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