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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
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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
Acknowledge(0)Amend(0)
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
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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
Acknowledge(0)Amend(0)
Dear Aneetha,
The nature and scope of 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 terms used therein, if you want further elaboration of the terms. This may help you understand what Managerial Economics is.
However, the attached PDF document consists of the introduction chapter of a book, which may also help you understand where and how Managerial Economics is applied.
For a more detailed study, you may need to purchase a complete book by some author.
P.S. Dhingra
Vigilance & Management Consultant
Dhingra Consultancy Group
New Delhi
From India, Delhi
Acknowledge(0)Amend(0)
The nature and scope of 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 terms used therein, if you want further elaboration of the terms. This may help you understand what Managerial Economics is.
However, the attached PDF document consists of the introduction chapter of a book, which may also help you understand where and how Managerial Economics is applied.
For a more detailed study, you may need to purchase a complete book by some author.
P.S. Dhingra
Vigilance & Management Consultant
Dhingra Consultancy Group
New Delhi
From India, Delhi
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Managerial Economics.docx
A Complete Handbook of Nature Cures.pdf