About this document
Understanding Managerial Economics by Darshan Ahlawat is a document available to read on EtoBox.
The document discusses the key concepts of managerial economics. It begins by defining managerial economics as applying economic principles and methodologies to business decision making. It then outlines several fundamental principles of managerial economics, including incremental concept, time perspective, discounting, opportunity cost, and equi-marginal principle. The document also discusses demand analysis, defining types of demand and outlining the law of demand and exceptions.
- Author
- Darshan Ahlawat
- Language
- EN