Managerial econimcs

Managerial econimcs

  • madina_kayumova
  • 2
  • 1
  • Resurs turi: Iqtisod va boshqaruv
  • Chop etilgan yili: 2010
  • Mualliflar: D. M. Mithani

Managerial Economics is a field of economics that applies economic theories, concepts, and analytical tools to business decision-making. It helps managers and firms make rational and efficient choices regarding pricing, production, demand forecasting, cost control, and profit maximization. The subject combines economic theory with practical management strategies to solve real-world business problems. Managerial economics also focuses on optimizing the use of scarce resources in a competitive market environment, enabling businesses to achieve better performance and sustainability.