MANAGERIAL ECONOMICS MEANING OF MANAGERIAL ECONOMICS Managerial economics‚ used synonymously with business economics‚ is a branch of economics that deals with the application of microeconomic analysis to decision-making techniques of businesses and management units. It acts as the via media between economic theory and pragmatic economics. Managerial economics bridges the gap between ’theoria’ and ’pracis’. The tenets of managerial economics have been derived from quantitative techniques such as regression
Premium Economics
of electric power. However‚ with the advancing technology‚ computers have shrunk to the size of a small watch. Depending on the processing power and size of computers‚ they have been classified under various types. Let us look at the classification of computers. What are the Different Types of Computers? Based on the operational principle of computers‚ they are categorized as analog‚ digital and hybrid computers. Operational Principle Analog Digital Hybrid Analog Computers: These are
Premium Computer Personal computer Mainframe computer
International Journal of Economics and Financial Issues Vol. 3‚ No. 3‚ 2013‚ pp.743-751 ISSN: 2146-4138 www.econjournals.com Foreign Aid and Economic Growth in Egypt: A Cointegration Analysis Hoda Abd El Hamid Ali Department of Economics and Foreign Trade‚ Faculty of Commerce and Business Administration‚ Helwan University‚ Cairo‚ Egypt. Tel: 00201003452575. Email: hoda_hawary@yahoo.com ABSTRACT: There is a current and growing debate on the effectiveness of foreign aid‚ especially in
Premium Economics Development aid Aid
humans consume these animals like fish. Top items found on beaches are • Plastic fragments (2.5 cm) Thus the majority of the items found on the beaches are made of plastics‚ which eventually does not degenerate and pollute the environment. Other types of major pollution are 1. Air Pollution a. Noise Pollution – Unwanted sound causes this kind of pollution. Examples like loud music cause such kind of pollution which has detrimental effect on humans and animals. b. Tobacco Smoke – Not just the
Free Pollution Waste
Hult Managerial Economics Don Uy-Barreta Lecture notes – Week 1 Chapter 1 – Microeconomics: A Way of thinking about business (and life!!!) The bottom line Property rights are crucial to the efficient allocation of resources that are depleted or devalued in some way when used and when transaction costs are low. They can be a problem when transaction costs are high and the use of the resource does not deplete the resource or devalue it. 1) What is economics about? a) What and how much
Premium Economics
CostEconomic SystemMarketProfitDemandSupplyElastic- Economics Final Exam Study Guide Name_________________________________ InelasticPartnershipCorporationSole ProprietorshipMonopolyOligopolySurplusShortageIncentiveWagner Act of 1935Collective BargainingBoycottAntitrustGross National Product (GNP)EquilibriumFree Enterprise SystemEntitlementsFiscal policyMonetary PolicyConsumer Price IndexEquilibrium PriceComplementsEffective Demand- Economics Final Exam Study Guide Name_________________________________
Premium Economics Supply and demand Inflation
FATIMA JINNAH WOMEN UNIVERSITY COMPARITIVE PUBLIC ADMINISTRATION “TYPES OF ADMINISTRATION” Submitted to: Ms.Aliya Submitted by: Rida Zahid Ramsha Aslam Maheera Naveed Marium Rasheed Butt Dur-e-Sameen Durrani Dept: BPA VI Date: 21st march 2013 Types of administration What is administration? ....................................................................pg3 Two sectors………………………………………………..………..pg4 Central Government....................................................
Premium Government Local government Public administration
TOURISM: PROJECT #1 TYPES OF GOVERNMENT Quimson Ronabel F. *H-268* Prof. Adrian F. San Miguel Government in the case of its broad associative definition‚ government normally consists of legislators‚ administrators‚ and arbitrators. Government is the means by which state policy is enforced‚ as well as the mechanism for determining the policy of the state. A form of government‚ or form of state governance‚ refers to the set of political systems and institutions
Premium Monarchy Government Form of government
1. Distinguish between Micro economics and Macro economics. Microeconomics may be defined as that branch of economic analysis‚ which studies the economic behavior of the individual unit‚ maybe a person‚ a particular household‚ or a particular firm. It is a study of one particular unit rather than all the units combined together. In microeconomics‚ we study the various units of the economy‚ how they function and how they reach their equilibrium. An important tool used in that of microeconomics is
Premium Economics
Economics is the study of social behavior guiding in the allocation of scarce resources to meet the unlimited needs and desires of the individual members of a given society. Economics seeks to understand how those individuals interact within the social structure to address key questions about the production and exchange of goods and services. First‚ how are individual needs and desires communicated such that the correct mix of goods and services become available? Second‚ how does a society provide
Premium Sociology Resource Economic system