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Managerial Economics is indeed an off-shoot of the Second World War. Before the outbreak of this war, the study of economics was purely an academic exercise, while business was a pure practice based on common practical sense of human mind. The Second World War created a tremendous pressure on scarce economic resources of the world. Thus, the need for optimum utilization of resources intensified further,which ultimately gave birth to a new discipline popularly known as Managerial Economics.The present business world has become very dynamic, complex, uncertain and risky. Therefore taking…mehr

Produktbeschreibung
Managerial Economics is indeed an off-shoot of the Second World War. Before the outbreak of this war, the study of economics was purely an academic exercise, while business was a pure practice based on common practical sense of human mind. The Second World War created a tremendous pressure on scarce economic resources of the world. Thus, the need for optimum utilization of resources intensified further,which ultimately gave birth to a new discipline popularly known as Managerial Economics.The present business world has become very dynamic, complex, uncertain and risky. Therefore taking appropriate, correct and timely decision has become a challenging and tedious task. The existence/ survival and growth of business basically depends on such decisions. Undoubtedly, Managerial Economics is a friend.philosopher and guide to the business leaders and managers.
Autorenporträt
Ms. Nirmala M. M., Asst. Prof. Department of Economics, Kristu Jayanti College (Autonomous), Bangalore ¿77Dr. Jayashree S., Asst. Prof. Department of Professional Accounting and Finance, Kristu Jayanti College (Autonomous), Bangalore ¿77Dr. Kumar N., Asst. Prof. School of Management Studies, Sathyabama Institute of Science and Technology, Chennai.