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Na description this lecture note examines decisions that managers frequently face and the microeconomics concepts used to analyze these situations. Managerial economics department of higher education. Get your kindle here, or download a free kindle reading app. Goals and constraints the nature and importance of profits understanding incentives economic rationality, scarcity and opportunity cost marginal and incremental analysis basic calculus. Managerial economics mba 1 semester examination papers please find the attached file along with this if you have any query regarding the files. Young, 2009, pearson prentice hall edition, in english 6th ed.
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Catalogue description this module refers to the application of economic theory, the tools of analysis of decision sciences to examine how a firm can make optimal managerial decision in the face of the constraints it faces. R3 suma damodaran, managerial economics, oxford university press. Managerial economics is based on strong economic concepts. It is coordination, an activity or an ongoing process, a purposive process and an art of getting thing, done by other people.
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