Managerial Economics

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The development of managerial economics as separate discipline is of recent origin. Although managerial economics everged in the early 1950s, it was known as business economics in the beginning. However, the term managerial economics became more popular and gradually displaced the term managerial economics.

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To the businessmen, managerial economics is the branch of economics which can assist him in finding optimal solutions to business problems.

Transcript of Managerial Economics

The development of managerial economics as separate discipline is of recent origin. Although managerial economics everged in the early 1950s, it was known as business economics in the beginning. However, the term managerial economics became more popular and gradually displaced the term managerial economics.