MANAGERIAL ECONOMICS
What is Managerial Economics?
What is Managerial Economics? (cont.)
How Useful is Managerial Economics?
How Useful is Managerial Economics? (cont.)
What are the Disciplines Relevant for Managerial Economics?
The Three Pillars of Profit
The Three Pillars of Profit (cont.)
The Basic Process of Decision Making
The Circular Flow of Income
The Eight Guideposts to Economic Thinking
The Eight Guideposts to Economic Thinking (cont.)
Pitfalls to Avoid in Economic Thinking
The Economics of Effective Management
The Economics of Effective Management (cont.)
Why Do Firms Exist?
Why Do Firms Exist? (cont.)
Limits to the Size of the Firm
The Objective of the Firm
The Nature of Economic Costs
The Nature of Costs and Profits
The (Un)Profitable Ethnic Restaurant
The Concept of Present Value
The Concept of Present Value (cont.)
Using Marginal Analysis
Email: skamath@csuhayward.edu
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