MGCR 293 Lecture : Managerial Economics 293.docx
19 Jul 2013
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Assignment 1: appendix a and chapters 2, 3, 4 due october 29 and handwritten. Assignment 2: chapter 5, 6, 7, 8, 9 and 10 due last day of class. Chapter 1, appendix a, 2, 3 and 4. 760-755 multiple choice (50%) and 8 problems (50%) 1 intro to managerial economics 10/29/2012 8:42:00 am. Revenue shows the name of the account from which you received cash, it is the amount of cash coming in from each sale. Managers cannot expect to succeed unless they understand both opportunities and constraints. Economic/market forces of supply and demand in the market place determine: Those concepts and techniques that enable managers to select strategic direction to allocate efficiently resources available and to respond effectively to tactical problems. Provides a systematic and logical way of analyzing business decisions which focuses on economic forces that shape day to day short run decision, as well as long run planning decisions.
