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Institute of Management Studies UOP
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Chapter 1 The Nature and Scope of Managerial Economics www.slideshare.net/themhk
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www.slideshare.net/themhk Managerial Decision Problems Economic theory Microeconomics Macroeconomics Decision Sciences Mathematical Economics Econometrics MANAGERIAL ECONOMICS Application of economic theory and decision science tools to solve managerial decision problems OPTIMAL SOLUTIONS TO MANAGERIAL DECISION PROBLEMS
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www.slideshare.net/themhk The present value of all expected future profits
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Managerial Economics Chap 1

  • 1. Chapter 1 The Nature and Scope of Managerial Economics www.slideshare.net/themhk
  • 2.
  • 3. www.slideshare.net/themhk Managerial Decision Problems Economic theory Microeconomics Macroeconomics Decision Sciences Mathematical Economics Econometrics MANAGERIAL ECONOMICS Application of economic theory and decision science tools to solve managerial decision problems OPTIMAL SOLUTIONS TO MANAGERIAL DECISION PROBLEMS
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  • 5. www.slideshare.net/themhk The present value of all expected future profits
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