It has been my intention to describe some of the important functions which a professional economist may perform for the executives who manage a business. This aspect of the book is intended to serve the needs of those scholars whose experience has been limited to a study of works on economic theory and statistics but who have had little contact with either markets or an actual performance of the functions of production, distribution, and business finance. On the other hand, the experienced executive sometimes is unable to tap the resources available to him in this form of knowledge of how the economy is organized and how it functions. This book is intended, therefore, to enable the student of economics to be most useful to the management of a business and to assist the executive in understanding how to use a professional economist.
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