Results for tag: "Managerial Economics"

Managerial Economics is a field of economics that applies microeconomic analysis to decision-making techniques of businesses and management units. It is concerned with the use of economic concepts and analysis to make better business decisions. Managerial Economics helps managers to identify and solve problems, make decisions, and develop strategies that will maximize the firm's profits. It also helps managers to understand the implications of their decisions on the firm's performance. Managerial Economics is used to analyze the demand and supply of goods and services, pricing strategies, production and cost analysis, and the impact of government regulations on the firm's operations. It also helps managers to understand the impact of their decisions on the firm's financial performance. Some companies in the Managerial Economics market include Amazon, Apple, Microsoft, Walmart, and Google. Show Less Read more