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Explain Managerial economics is economics applied in decision making?

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Explain Managerial economics is economics applied in decision making?

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Applied Economics Research Centre was created in 1973.

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there is no difference between them. In both cources , you have to study the same things. applied economics includes some more study than general economics.

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classification of economics

1-Applied economics

2-Theoretical economics

i)Welfare economics

ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)

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classification of economics

1-Applied economics

2-Theoretical economics

i)Welfare economics

ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)

View page
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Economics

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Under this economic theory the government does not get involved in the economy

Conducting a survey to determine the current status of a welfare program

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This type of economics addresses the question what is

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