About this document

Managerial Economics Fundamentals by Fiona Yvonne Pahutan is a document available to read on EtoBox.

This document provides an overview of fundamentals of managerial economics. It discusses key concepts including: 1. The 6 basic principles of effective management including identifying goals and constraints, understanding incentives and markets, recognizing the time value of money, and using marginal analysis. 2. The nature and importance of profits, including the differences between accounting profits and economic profits. Profits are important signals for resource allocation in a free market economy.

Author

Fiona Yvonne Pahutan

Language

EN