What is managerial economics? Managerial economics is a stream of management studies that emphasizes primarily solving business problems and decision-making by applying the theories and principles of microeconomics and macroeconomics. What are the salient features and significance of managerial economics? It comprises of application of economic policies for best management decisions and strategic debt Planning. It helps business to discover pricing Analysis, production and risk analysis, capital budgeting and expenditure, revenue and profit Analysis. What are the uses of managerial economics? Managerial economics is used to analyse the risks of business decisions and as a method to identify and quantify the uncertainties in a situation. Managers use some form of economic principles in making day-to-day decisions. Don’t you think that managerial economics has a wider application? Let’s learn more about the topic with the help of the presentation, shall we? Please refer.

Anjali Krishna SS

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