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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.

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