Managerial economics is the combination of management and economics. In simple words management is the planning, organizing, leading and controlling the efforts of a group of peoples towards some ...

Getting every advantage possible in your business is important. Using proper analytical techniques and up-to-date business theory will help your business succeed. Economic principles, especially ...

Economics is a hub of concepts and analytical tools which can prove to be a boon for assisting the manager in arriving on a decisive conclusion and plan their business accordingly. Managerial ...

I reported earlier this month that the Financial Times published a pair of important articles asking why the goal of a firm is to maximize short-term shareholder value is still being taught in ...

Economic principles applied to decision problems of managers in a business organisation. Analysis of costs, revenues and profits in relation to a firm's objectives. Emphasis on pricing policy, ...

Every year, around 400 undergraduates sign up for the introductory course Econ 0110: “Principles of Economics.” Nearly four out of every five students in the current iteration of this course are first ...