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What is Managerial EconomicsIn 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 economicsChapter 2: MicroeconomicsChapter 3: MonopolyChapter 4: Monopolistic competitionChapter 5: OligopolyChapter 6: SatisficingChapter 7: Index of economics articlesChapter 8: Sunk costChapter 9: Price discriminationChapter 10: Elasticity (economics)Chapter 11: Market powerChapter 12: Marginal revenueChapter 13: Long run and short runChapter 14: DemandChapter 15: Economics educationChapter 16: Business economicsChapter 17: Neoclassical synthesisChapter 18: Mathematical economicsChapter 19: Economics terminology that differs from common usageChapter 20: Monopoly priceChapter 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 benefitProfessionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of managerial economics.