What is Managerial Economics
In the field of economics, managerial economics is a subfield that focuses on the implementation of economic principles within the context of the decision-making process within organizations. The field of study known as economics examines the production, distribution, and consumption of various materials and services. The field of managerial economics is concerned with the application of economic theories and concepts in order to arrive at decisions concerning the distribution of limited resources.When it comes to making decisions concerning the company's consumers, competitors, suppliers, and internal operations, it provides managers with a foundation to follow.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Managerial economics
Chapter 2: Microeconomics
Chapter 3: Monopoly
Chapter 4: Monopolistic competition
Chapter 5: Oligopoly
Chapter 6: Satisficing
Chapter 7: Index of economics articles
Chapter 8: Sunk cost
Chapter 9: Price discrimination
Chapter 10: Elasticity (economics)
Chapter 11: Market power
Chapter 12: Marginal revenue
Chapter 13: Long run and short run
Chapter 14: Demand
Chapter 15: Economics education
Chapter 16: Business economics
Chapter 17: Neoclassical synthesis
Chapter 18: Mathematical economics
Chapter 19: Economics terminology that differs from common usage
Chapter 20: Monopoly price
Chapter 21: Macroeconomics
(II) Answering the public top questions about managerial economics.
(III) Real world examples for the usage of managerial economics in many fields.
(IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of managerial economics. (eBook only).
Who will benefit
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of managerial economics.
