A study on concepts of finance for finance decision making

May 28th, 2015
Studypool Tutor
Abilene Christian University
Price: $25 USD

Tutor description

how risky a stock is relative to the market. Other things being equal, stocks of companies that have debt are somewhat more risky that stocks of companies without debt (or that have less debt). This is because even a small amount of debt increases the risk of bankruptcy and also because any obligation to pay interest represents funds that cannot be used for running and growing the business. In other words, debt reduces the flexibility of management which makes owning

Word Count: 1336
Showing Page: 1/20
UNIT-IBasic Concepts andPrinciplesLecture planObjectivesWhat is Economics?Basic AssumptionsTypes of Economic AnalysisManagerial EconomicsManagerial DecisionsEconomic Principles Relevant to Managerial DecisionsManagerial Economics and Functions of ManagementRelationship with Other DisciplinesSummaryObjectivesTo introduce key economic concepts like scarcity,rationality, equilibrium, time perspective andopportunity cost.To explain the basic difference betweenmicroeconomics and macroeconomics.To help the reader analyze how decisions are madeabout what, how and for whom to produce.To define managerial economics and demonstrate itsimportance in managerial decision making.To discuss the scope of managerial economics andits relationship with various other disciplines andfunctional areas.What is Economics?Discusses how a society tries to solve the humanproblems of unlimited wants and scarce resources.Scientific study of the choices made by individuals andsocieties with regard to the alternative uses of scarceresources employed to satisfy wants.Theoretical aspect and an applied science in its practicalaspects.Not an exact science; An art as wellA social scienceDeals with the society as a whole and human behaviour inparticularStudies the production, distribution, and consumption ofgoods and services.A science in its metho

Review from student

Studypool Student
" Thanks for the help. "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1820 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors