What are the characteristics of managerial economics?

1. Micro econonic nature. 2.use of macro economics 3.use of theory firm 4.prospective nature 5.practical approch 6. Decision making at managerial level 7. Normative economics 8. Nature of business economics
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How managerial economics is pragmatic?

Managerial economics is pragmatic since it is practical subject. It prevents abstracts issues of economics theory and help in solving complications that are not covered by eco… (MORE)