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Home Text and Reference Books Managerial Economics By Geetika and Piyali Ghosh and Choudhury
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Managerial Economics By Geetika and Piyali Ghosh and Choudhury

₹599.00 Original price was: ₹599.00.₹324.00Current price is: ₹324.00.

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Managerial Economics

is a practical guide for managers to make informed business decisions using economic theories. The book simplifies complex economic models, offering tools for analyzing demand, cost structures, and pricing strategies, making it highly applicable to real-world business situations. It helps managers understand market dynamics, resource allocation, and decision-making under risk and uncertainty.

With a focus on both microeconomics and macroeconomics, Managerial Economics provides insights into consumer behavior, market structures, and competition. This knowledge helps managers position products, identify market opportunities, and formulate pricing strategies that maximize profitability. The book also emphasizes strategic thinking, equipping readers with the tools to navigate changing market conditions.

Case studies and real-life examples ensure that the concepts are easy to apply in various organizational settings. Managerial Economics is valuable for managers in any industry who need a deeper understanding of economic forces and their impact on business decisions. Whether you’re managing a small business or a multinational corporation, this book provides the knowledge and skills to optimize decision-making and improve business performance.

By combining theory with practical applications, Managerial Economics is an indispensable resource for business leaders looking to enhance their decision-making skills and drive long-term success.

Description
Additional information

Managerial Economics By Geetika and Piyali Ghosh and Choudhury

ISBN : 9780071078030

Book Condition : Used Like New

serves as a vital bridge between economic theory and practical business decision-making. This book helps managers understand how to make informed decisions using economic principles. With a clear focus on real-world applications, Managerial Economics offers insights into key concepts like demand analysis, cost theory, and pricing strategies. These concepts empower managers to optimize resource allocation, minimize costs, and maximize profits.

One of the core strengths of Managerial Economics is its ability to simplify complex economic models, making them applicable to everyday business scenarios. The book dives deep into market structures, helping readers understand different types of competition and the impact on business strategies. By exploring both microeconomic and macroeconomic factors, it enables managers to better anticipate market changes and adjust strategies accordingly.

Additionally, Managerial Economics offers tools for analyzing consumer behavior, providing essential knowledge for product positioning and marketing strategies. The book also emphasizes risk and uncertainty, teaching managers how to make decisions under conditions of uncertainty, a critical skill in today’s dynamic business environment. The inclusion of case studies and examples ensures that readers can directly apply theoretical knowledge to practical situations.

With its comprehensive coverage of economic concepts and their applications to business management, Managerial Economics is a must-read for anyone involved in decision-making processes within organizations. Whether in small startups or large corporations, the lessons from this book can help managers understand the economic forces at play and use them to their advantage.

By blending theory with practical tools, Managerial Economics prepares managers to make decisions that drive business success. It serves as an essential resource for managers seeking to enhance their strategic thinking and improve their company’s bottom line.

Weight0.8 kg

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