Managerial economics

About: Managerial economics is a research topic. Over the lifetime, 1524 publications have been published within this topic receiving 83965 citations.

A Computer Based Macroeconomic Game and the Teaching of Economics

Abstract: The paper begins with a short introduction to the growing use of new teaching methods and teaching aids in economics education. It then discusses the use of computers in economics education and shows how their use makes possible a new range of teaching methods. Finally, the paper discusses a computer based game which is being played by a number of colleges and schools in the Reading area, giving details of the game and a discussion of typical results.

Managerial Economics: Nature, scope and methods of managerial economics

Abstract: Objectives To introduce and define managerial economics. To outline the types of issue which are addressed by managerial economics. To explain the difference between positive and normative economics. To explain the relationship between managerial economics, economic theory and the decision sciences. To explain how managerial economics is related to other disciplines in business, such as marketing and finance. To identify the main subject areas in managerial economics, explain how they are related to each other, and describe how they are organized and presented in the text. To explain the methods used in the development of scientific theories and show their relevance to managerial economics. To explain how economic theory is presented from a pedagogical viewpoint, and how this relates to the organization and presentation of the material in the text. Introduction What is managerial economics about? What kind of issues does it deal with? How can it help us make better decisions, in business or elsewhere? These are fundamental questions which any student may ask when first approaching the subject. It is therefore a good idea to make a start by examining a situation that has become increasingly high on the economic and political agenda on a global basis over many years; yet it is not a situation where it might seem at first sight that managerial economics is particularly relevant. We shall see, to the contrary, that the methods studied and implemented in managerial economics are vital to identifying solutions to the problems raised.

Economic Analysis of Supply Chain Management

Abstract: Supply chain management is a new management model of production organization formed in the late of 80,of 20th century Many scholars have studied how to improve the efficiency of supply from the point of technique This paper discusses the economic base of letting supply chain management as the firm strategy from the point of economics of transaction cost game theory and resource-based economics of the firm and thinks supply-chain management not only a new mode of production orgnization management but also a firm,s strategy furthuron The stratege could be explained from the point of transaction cost economics game theory the resource-based economics of the firm