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What is managerial economics?
Learning objectives of managerial economics are to provide a systematic, concrete formulation of the theory of demand-driven organizational behavior that supports executive decision-making and to describe and understand the factors that determine the dynamics of demand-driven organizational behavior. The theory of demand-driven organizational behavior is used as the basis for managerial ethics by providing principles, standards, and mechanisms to guide business conduct. The theory of demand-driven organizational behavior is based on firmwide information regarding the firm's resource needs. Data derived from such resources can be used to determine the firm's competitive advantage and the company's competitive power.
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We are also experts in providing online case study help for other economic related areas:
Accounting Finance for managers
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