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Managerial Economics

Managerial economics involves the use of economic theories and principles to make decisions regarding the allocation of scarce resources. It guides managers in making decisions relating to the company's customers, competitors, suppliers, and internal operations.

umamaheswari subramanian | Author Level 1

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What you will learn

  • decision making, demand, production analysis, demand forecasting, market structure, national income

Managerial economics is a branch of economics involving the application of economic methods in the organizational decision-making process. Economics is the study of the production, distribution, and consumption of goods and services.

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  • Language
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