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Managerial Economics Overview and Applications by Terance Chandrasekara is a document available to read on EtoBox.
What is Managerial Economics Overview and Applications about?
The document provides an introduction to Managerial Economics, emphasizing its role in integrating economic theory with decision-making tools to optimize business objectives, particularly profit maximization. It outlines key concepts such as the theory of the firm, profit definitions, and the importance of decision sciences in addressing managerial problems. Additionally, it discusses the goals of firms, including economic and non-economic objectives, and the impact of external factors on decision-making.
- Author
- Terance Chandrasekara
- Language
- EN