Emergence of managerial economics, Managerial Economics

The emergence of managerial economics as a separate course of management studies can be attributed to at least three factors:

1.      Growing complexity of business designs making process due to changing market conditions and business environment

2.      Consequent upon, the increasing use of economic logic, concepts, theories and tools of economic analysis in the process of business design making, and

3.      Rapid increase in demand for professionally trained managerial manpower. Let us have a glance at how these factors have contributed to the creation of managerial economics as a separate branch of study.

 

 

 

Posted Date: 7/12/2012 5:58:09 AM | Location : United States







Related Discussions:- Emergence of managerial economics, Assignment Help, Ask Question on Emergence of managerial economics, Get Answer, Expert's Help, Emergence of managerial economics Discussions

Write discussion on Emergence of managerial economics
Your posts are moderated
Related Questions
Consider the following hypothetical story: Last spring, there was an outbreak of a nasty disease known as cyclosporiasis, which was eventually traced to Guatemalan raspberries. Tog

DIRECT TAXES A direct tax is one where the impact and incidence of the Tax is on the same person e.g. Income Tax, death or estate duty, corporation taxes and capital gains

Inelastic Supply Supply is said to be price inelastic if changes in price bring about changes in quantity supplied in less proportion.  Thus, when price increases quantity sup

list all profession which generate personal income

what is the importance of demand forecasting to managers


Discuss the applications of Managerial economics concepts or theories in managerial decision making question..

Technically Efficient Method of Production Let's suppose that commodity X is produced by two methods by employing capital and labour: Factor inputs Met

features of monopoly

Question : i) Consider a discriminating monopolist is selling a product in two separate markets in which demand functions are: P 1 = 6 - Q 1 P 2 = 18 - 2Q 2 The mono