Introduction to Economics

May 11th, 2015
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Economics can be called as social science dealing with economics problem and man’s economic behavior. It deals with economic behavior of man in society in respect of consumption, production;distribution etc. economics can be called as an unending science

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SivaChapter -1Introduction to EconomicsAs an MBA student you need to study Managerial Economics which is concerned with decisionmaking by managers. As you all are aware that the main job of managers is decision making only.Before making a decision one has to take into accounts so many things. And here comes theimportance of managerial economics. Meaning of Economics:Economics can be called as social science dealing with economics problem and mans economicbehavior. It deals with economic behavior of man in society in respect of consumption, production;distribution etc. economics ca

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