Managerial Economics – Meaning and Definition
Managerial Economics Meaning of Managerial Economics Managerial economics is constituted of economic theories and analytical tools thus are widely applied to business decision making. It is therefore import and to understand “what is economics”. The term economics comes from the Greek word “oikos” (house) and “nomos” (custom or law). This marks the significance of economics … Continue reading Managerial Economics – Meaning and Definition
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