Managerial Economics Assignment Help from Expert Writing Online is available in all areas of Managerial Economics. Our tutors are highly skilled and experienced in all subjects, from basic to advanced Managerial Economics.
Managerial Economics Manager ◦A person who directs resources to achieve a stated goal. Economics ◦The science of making decisions in the presence of scarce resources. Managerial Economics ◦The study of how to direct scarce resources in the way that most efficiently achieves a managerial goal.
Conclusion Make sure you include all costs and benefits when making decisions (opportunity cost). When decisions span time, make sure you are comparing apples to apples (PV analysis). Optimal economic decisions are made at the margin (marginal analysis).