MAOAGERIAL ECONOMICS

speiHc PonteU kelabouate tae Sawe Date

VNITOgntnoducto,

abplied in dets iou mating, it is a speial branch

clanitgig oblandin
altenat cowses e actiow

t
1bneb Situatia,
cnalyse
Chavactestis Hanagoial econanics!
)Micuoeeononi natue
nicuoeLonuies
he Katuue el Manaqeial eionomis is
shudied in it hot te uckole eLDHQ ny VAt Atudies suly
a dausinee irm and b acHuities

2) Theay r

a) fhagmalie
gt do es not deocubu di vun
but detentinative
kout deteuninea tem. gn esnie teovy, di Kinda
eB
laes lue tomulated lout decloigus abot
 Data.
Page

decisien
vaiablas.
is taken vgaudiung tte relaiowbip bja di7

) Dgojeu akiu at hanageuial euel

fracticalAuljeet and ita
Managejal Qecaouics is a
naiw sject and mau tubtiou is to hely ti wanagnat

5.) Bciene ad At
Hanaqeiat /businen econouues is wwed as a Apteat
achual
Kiuouo Tedge taemekexe tis a siene as t atudies
it is aoynahve seeica too an aut
d ne hawe to stron sense logcal
and
cane Ot ke a oestdecs)Dn

5 bewkand analyses opasting

to estimate the 4ctune sale in oudeu' to decide te

yocuetHon dchedules and uetee means o oductiow
toy tet produts densand aualyes aud demaud
teiotig altates te manager decis jon nakig uo
prokitable decsjoy

btputo.
s) Cest analyses
analyde an iontuol cot im Qrdeu to VCotd ca culy te
aue inwestigated ot.
ines uanaqens aue naane e e ellues
cO- su taene aue centaun eleeute wlic

Tanalyied

5) sor Manageneat

YeUle 'aud cost. Kune t e neug

Joctos
 Dato.
Page.

6) Gpital Havaqeuent
-+ Qusines tima' tave to fruest apital trantue to
to ve euese
back tue cdeciions. Capital Malag
in wanaqeial lono nuce. gt ncludes cot Cayitad,.

trajeco.
nden MCOutanty

ces, ceutainity e agtaletc. Tuse CAdAL

ithe makes e
cayplea eny tatiatial nethoda ae sevised au
mag deciaios in an wnctain dtuatiou
Jutuenive dtvateg

Manaqeu' as to
sales, and Hhe sale sbatey
Nangeu kas to deude aaut ta erapeotue
adseuts enento.
 4.) Dnande feotises tea gout
roicie
Atuied ost ey eunt to

demand cÓuceta,l theoies o< auket

Jtuuuctue,
te anagiel auo"taplieg,

2.) MaLuo-ect Jueoues

Coutibute in He keld e toeAsting ALoden aony
oveartig qeueial busines couditiauo.
5) peatiow Reseanch
Shis field is used N

acine Acudulng
 Data
Page

4 elationdkip not Aaountigg

Conspts to take Vauipus typ busines deisoud tcc
pyouides Re data yegay Veot, vevee, dnd

acheiuing
5)*atstica
Jocls icononics aue uoed in many ays fau counet

roduchon decibisn.Vauious dtahotical tosls ike reqyessio

covvelahon k robabiliy ue uoed to soue the problene
acononuco to eseut ddta in audeuy

descies the Ntipe copanies k aceutaiity a

pYoblans chaice Qy deciiauaakig

kuden uncontainby.

any ccok on- e0 tiendlyactoy fhe dtdyb mthats

Wiakiy
 viexo to assist he nanagis In te procen o decinsn

derainirig

COense of eaction Make a chÛ

ad eteial Sowres to euaote edth osble budcoues Jue

 Data
Page

anagual we, vegemion k aualyin, cot

boueg analyi,
s)Make achoie-yCoukteu sOiDs, tepreleued
decisjn makens the Yd acHon
guplewetaion ipleueuted
and
needs oubtaut ned
so teat dedqned weoult tou tee
opimal cou
y

Hanaguial vey clacly dink to desiou

Bconomic
baheisionprbls esi oh doence
Hatematical econonics
Hanageuad Qconouics
deciaion ools to aow manaqeal
decisiou problenu
Manageuia) ecot aalyse tie kitapaco: mdicatws Soch as Connn
demads Gales 4oeastin that ane siquicaut to te auqr kita
funchioring.3t dnayse) e changig fun euiQuonneast
oikiy u bet altenatiue. tt dloo elens anistance tokanagin
taing vauous dnvesteut deciso,s itelect the duteunad
an eteue, uch as froductibh decision, goadik
Nanageid aor analyses te
BCenaoxs XveduCes te ssk busine decistaws
decimon teD
ndustnyin oticn tu 7irm io opeatay
2kinds o Qleneukh ontodal k aenal, Hauoqeus b a

tactos

duta
-busines cyles, qeutt pelicies , heusitia teud

achvitiesgt hels Manqgeu n LAsln y frsbis

 ind nanageus such as matket

ovide 4eueral eonoie Juf In

dccovdand to ten gutereto

#Kesonsibilities Hanyeial lconaucs

sn te captal juvetment. e(an beiy te

2) freasing ue gd rapouoibilit gkusinds ecovon

oto rouide te nanaqeleut t succe»ie!

ae ikd witeuuhue and utue

t ik coused kuy wnceutaihes, He ore táng

aud en tee llais test

3) Couact ih Nyeials
jeur pewDs and dawes staiutical data te
Contacts e heLeay
depeuds and Venw qyutkhy
Qnd aquked Knowldqe.

cçnalyes tlstastiko kunan

wanto, Aunan auto aue uulinited tout leman
Atuati
nead to

achieveuleut suh eudu.

apable o being t to alteutie uoes.

 Page

Thus, whoneueu teu fblu Cueice andscarctyata euo

econonay hao to od and sce ceutain frdbles.
eionond has to alkocate ib YesoLes în'auh a ay

) i t to produce
gocds aud seuices to be

all

Ahas to deide Wtich cousne goools and ollea

e capital goada ae to be prodcsd qteu decitiy
te goods to Be fruced, ecnoyla to deciae
te uautiy e ah caumodiaU tat is seleced.
2) tous to produce - hu deciseu lexo to tee delucti
q Ktecwique to be ued on

Brouced ubtiny
Cjanvalty, *aigue Upyoductia
ave claifed
fatewneand capital gnteusik tecwmiqs. Tu
deuction ol teehigue is nade wita wies to
Hhe and pro vidug

3) wheu to froduce (his pyckleu, eates to

disti buton and seics
bsttuia
a repxeseuted
Hcse Utraditonal eLonQmiets
cice tie vange
as gninite almon epul odue
to
blal decide t soaety he
Jhw, gpod.
Yes snuiou= foikiliy jodutiau
latyq the aud bypocity
greteu enpecting on
hased deiiou a
foms. fudtlidual
aud Usolcted,
iwe he doue
oU saiie hecemany
to
nakes
it choia prolm wlinited,
this 0,0 Ja
al choics
ini yatioval máke
bconaist
htas Manageuil he
cOt'-
peantr cayoci
atty oduchue awailable
pat auy ojpeuate
t cannot aconany utilised,
ttuwe,
isVasidepPC pott atla eye-ate ou
táe adwhen cuhe fc apeate
ou oil gain to
owoliy aunitgadaional an
e bco tuwe shaped coucave aCunwe
is PC
doionande lslopes Cuuwe rc
Baeascu
ubinatio naniuun te aues Cuwe fPC
roducthiukty amothen,the to good oue pYo"
euned aue
ually not ,Kesoes
auo
chcice.

uncow, shatgies and managenal decicn' aat

Jroyehves.

believe tat aivtdual odisk Qus cyital and

ou the graud tat itislqycateu

6tnsed

cepetitive naukeb ,4ins aino at maeinisiy

Vewee p alsmoueouey, dales vole aue tetey
Jnditaty fia ofou in te mauker and

to waiuige sales Yeuenue alang o1 iclfyau

needs to maiutaiu
key te shanelcdow au thestakehotes satd
Yat.

and mauket shayes, moinaeus

aiu at betten sathuu

Odctand qrau~t vat le

and tte supey to te tivw g701) at the sand Yata,

sloiechue in tee wnonaptan dalaned grout at

Ruancal Coustrainb- NaUs sggeted reat a goo

Capital aud eonens capilal.

 tetot challnge bihgest
yd. faced bag chhlenge
Le tiggest
deelay
aed wodel
clyechiwes, irs
. to' yots núwwwwm maintaiing
maniuise to
aniniation
and u
roit cbjethivees combinal'aa< aib
n let ceuy colutn
ato siag vey giaves nodel nis
pvagil. total
tiabilities
ut tDaset Cwmeut
 jeent|Dbjeies
CQustrait to Aet vationol

benavio Yathe uan waimsation.

2) Model developed sy cyeut MaHch o a stepaheat
Bimons uoy, it a¯ded teuat apat pei dealig)
oith gadan ate gryo, an wnceutaib. buenine
also have to satisky baiety stakeholdeus nolhs ae
Ak cogicting Boals, 4lende, a fim cnet have

9oals and aiso multpte te)ou

tirme

QLOnes live ara

Ano Aae Betteu Kaite
 choneeit customens
to
katiandl fheoy ions ke natee
to hat
ted paid should
6l ous
(ao frteunational
epeti iwfaced çovstralt
aue
bete dostatyg
to wteuyloyes
e ’Natvnies
ta
decade
na Haana weue tou twe loug Siacke
a
sted nasage
oil Thil lRabuu
al (Hljnale),
rck dey, Matetin to!. sith leading Vby
thane maxker ye
tequired O.
Canstraint Canyetitlon
fu
etehe and chep weue seuwie
publlc|ndnlumou neado the (atetouved they
chdlbua,et u
roduct Áaed qromig aud elth CQuypky
for eleuned
maninioatiewi CTrQuoth
dui teutal wades and Boducion
sharegies:euhaçeneut
ositbving'-Suaity Product
aatHayiedMoket
Seisu stakeholden-
Bate vesownas.
oechonnatunal ew'
profilo. greateu acquie coupettoxa
to ein ahead Joting t