This statement is 100% true. You will learn a lot of about this in a lot of business books.
It is mostly Micro economics and sometimes Macro economics It is application of economics in business management It helps to seek cost effective solutions hence it is normative in approach it is pragmatic in nature It is prescriptive in approach
nature of managerial economics?
managerial economics deals with the business firm and the economic problems it need to solve.it is the integration of the economic theories and business practise with the purpose of facilitating decision making and forward planning of management.
nature of economic development
What is nature of economic system?
It is mostly Micro economics and sometimes Macro economics It is application of economics in business management It helps to seek cost effective solutions hence it is normative in approach it is pragmatic in nature It is prescriptive in approach
nature of managerial economics?
managerial economics deals with the business firm and the economic problems it need to solve.it is the integration of the economic theories and business practise with the purpose of facilitating decision making and forward planning of management.
nature writing
Qualitative data
nature of economic development
Descriptive studies can be both qualitative and quantitative in nature. Qualitative descriptive studies focus on exploring and understanding phenomena through words and descriptions, while quantitative descriptive studies involve collecting and analyzing numerical data to describe a phenomenon.
What is nature of economic system?
nature writingnature writing
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
· resplendent
they both serve the public