How is managerial economics useful?

Answer Managerial economics may seem esoteric and dry, but anyone who has bought and sold items has used principles of this field. Mark Hirschey, author of "Managerial Economics," explains that all indust... Read More »

Top Q&A For: How is managerial economics useful

What is managerial economics?

Economics is the social science that studies the allocation of resources, production of goods and consumer behavior. This information helps companies understand the current state of local and globa... Read More »

Managerial Economics Topics?

Managerial economics helps managers who direct limited resources -- including financial and human resources, time and space -- to do their job more effectively. Managerial economics provides concre... Read More »

Difference Between Microeconomics & Managerial Economics?

It is difficult to precisely define economics since it's a broad discipline. An easy way to understand economics is to define it as a branch of social sciences that studies the production, consumpt... Read More »

Effective Managerial Communication?

Communication occurs every day, whether or not individuals actively think about sending messages. In business, a common communication flow starts from managers and flows down through the organizati... Read More »