1 identify the problem
2 make assumptions or hypothesis
3 gathering of data and information
4 data analysis
5 making a conclusion and recommendation
Everyone studying Economics.
about scope of managerial economics?
Economics
They learn about economy.
Failure to understand the basic definitions is perhaps the most frequent cause of difficulty or failure when studying economics.
Everyone studying Economics.
everyone studying economics
about scope of managerial economics?
A professional student of economics would be called an economist.
Everyone studying economics
Economics
The scientific study of candles is known as "chirology."
They learn about economy.
Failure to understand the basic definitions is perhaps the most frequent cause of difficulty or failure when studying economics.
Goods, service, capital.
understanding basic definitions
possible in scientific methods