Review of Professional Management
issue front

Mehta, P. L1

First Published 31 Dec 2008. https://doi.org/10.1177/rpm.2008.6.2.122
Article Information Volume 6, Issue 2 July-December-2008

1Prof. R. C. Malhan, New Delhi Institute of Management & Former HOD, Dept. of Economics, St. Stephens College, Delhi University.

Abstract

Managerial Economics involves the application of economic methods in the managerial decision making process. This is a fundamental part of any business or management course. Managerial Economics provides the reader with the basic understanding of economic tools in micro-economics in order to make meaningful decisions. Mehta has covered all the main aspects of managerial economics, namely, the demand theory, production, market structures and pricing, Linear Programming, Input-output analysis, Game Theory, economic decisions in multinational setting etc. and integrating all this with case studies which makes it more practical and application oriented.


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