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The Managerial Economics of Business Investment
To be able to write an excellent research paper on the topic "The Managerial Economics of Business Investment," it is prerequisite that the topic be broken down into its components: 1) managerial economics, and 2) business investment. However, if the topic is analyzed closely, the discussion must, inevitably, involve economics.
Managerial economics is the "the application of economic method in the managerial decision making process" (Finance India, 2006, p. 271). This means that in the production, distribution and consumption of goods and services, managers are not only concerned as regards the efficient allocation of resources, but also in what allocation would add the most value to the firm's owners. Managerial economics is a permanent fixture in any business or management course as it provides aspiring managers the fundamental understanding of relevant economic concepts in micro-economics in order to make managerial decisions. This branch of economics provides managers an effective and efficient tool in processing information which is one of the two most important tasks of a manager.
In a wider context, economics is a social science which deals with the study ...
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