Managerial Economics

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Managerial Economics is "the application of economic theory and methodology to business administration practice." Managerial economics is micro-economic in character. Managerial economics largely uses that body of economic concepts and principles which is known as "Theory of the Firm" or Economics of the firm. Managerial economics belong to normative economics rather than positive economics. Macroeconomics is also useful to Managerial Economics since it provides in intelligent understanding of the environment in which the business must operate. This book is designed as an ideal text for professional courses like M.B.A, C.A, ICWA, ICS and M.Com.

ABOUT THE AUTHOR N. Kumar

N. Kumar passed his Masters's degree from C.C.S. University, Meerut in 1994. After which he completed his Law degree from C.C.S. University, Meerut in 1997. He holds a PGDCA from Bhimtal, Dist. Nainital and PGDM from I.T.S., Mohan Nagar, Ghaziabad. Currently he is engaged with his doctoral research in Economics. He has extensively published papers and research articles in professionals journals on various management problems. He is the author of a number of standard text books.