1
Nature of Managerial Economics:
Following points constitute nature of managerial economics
1. Micro Economics
2. Theory of the firm
3. Managerial Economics is Pragmatic (practical in outlook)
4. Managerial economics is normative
5. Using inputs from Macroeconomics
Scope of managerial economics:
Operational issues
1. Resource Allocation
2. Demand Analysis and Forecasting
3. Cost and Production Analysis
4. Pricing Decisions, Policies and Practices
5. Profit Management
6. Capital Management
7. Strategic Planning
Environmental or external issues
· Economic Environment:
· Social environment
· Political Environment
· Technological Environment
· International environmen
From India, Thana
Following points constitute nature of managerial economics
1. Micro Economics
2. Theory of the firm
3. Managerial Economics is Pragmatic (practical in outlook)
4. Managerial economics is normative
5. Using inputs from Macroeconomics
Scope of managerial economics:
Operational issues
1. Resource Allocation
2. Demand Analysis and Forecasting
3. Cost and Production Analysis
4. Pricing Decisions, Policies and Practices
5. Profit Management
6. Capital Management
7. Strategic Planning
Environmental or external issues
· Economic Environment:
· Social environment
· Political Environment
· Technological Environment
· International environmen
From India, Thana
Dear Vijay,
The soft copy attached by you is just a copy of the Table of contents of the book, and not the main book. This is just to remind you, if you have forgotten to attach the contents part worth more than 400 pages of the book.
P S Dhingra
Vigilance & Management Consultant
Dhingra Consultancy Group
New Delhi
From India, Delhi
The soft copy attached by you is just a copy of the Table of contents of the book, and not the main book. This is just to remind you, if you have forgotten to attach the contents part worth more than 400 pages of the book.
P S Dhingra
Vigilance & Management Consultant
Dhingra Consultancy Group
New Delhi
From India, Delhi
Dear Aneetha,
The nature and scope of the Managerial Economics can be seen from the brief outlines given in the attached WORD document. The document also contains the links to each of the term used therein, if you want to know further elaboration of the term. That may make you understand what the Managerial Economis is.
However, the attached PDF document consists of the introduction chapter of a book, which may also make you understand where and how the Managerial Economics is applied.
For more detailed study, you may however need to buy a complete book of some author.
P S Dhingra
Vigilance & Management Consultant
Dhingra Consultancy Group
New Delhi
From India, Delhi
The nature and scope of the Managerial Economics can be seen from the brief outlines given in the attached WORD document. The document also contains the links to each of the term used therein, if you want to know further elaboration of the term. That may make you understand what the Managerial Economis is.
However, the attached PDF document consists of the introduction chapter of a book, which may also make you understand where and how the Managerial Economics is applied.
For more detailed study, you may however need to buy a complete book of some author.
P S Dhingra
Vigilance & Management Consultant
Dhingra Consultancy Group
New Delhi
From India, Delhi
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Managerial Economics.docx
A Complete Handbook of Nature Cures.pdf