September 2025

Introduction Managerial economics is a branch of economics that applies economic theory and methodology to solve practical business problems. It is a combination of economic theory, mathematical tools, and managerial decision-making methods that help managers make effective and efficient business decisions. In order to understand and apply managerial economics, one must have a solid understanding

Macroeconomics by Olivier Blanchard Macroeconomics is a branch of economics that studies the behavior and performance of an economy as a whole. It focuses on factors such as economic growth, inflation, unemployment, and government policies that affect the overall functioning of the economy. One of the most prominent figures in the field of macroeconomics is

Introduction Microeconomics is a branch of economics that focuses on the study of individual behavior and decision-making of households, firms, and other economic actors. It is concerned with the allocation of resources and how markets function at a small scale. Two notable economists who have made significant contributions to the field of microeconomics are Paul

Managerial Economics and Organizational Architecture by James A. Brickley, Clifford W. Smith, and Jerold L. Zimmerman Managerial economics and organizational architecture are two important aspects of running a successful business. In their book, Managerial Economics and Organizational Architecture, authors James A. Brickley, Clifford W. Smith, and Jerold L. Zimmerman delve into the principles and strategies

Economics: Principles, Problems, and Policies by Campbell R. McConnell, Stanley L. Brue, and Sean M. Flynn Economics is a fascinating field that studies how individuals, businesses, and governments make decisions about how to allocate scarce resources. It is often described as the science of choice because it looks at how people make choices when faced

N. Gregory Mankiw is a renowned American economist and the Robert M. Beren Professor of Economics at Harvard University. He is widely recognized for his contributions to the field of macroeconomics, particularly in the areas of monetary policy and economic growth. Mankiw is also known for his widely used textbook, Principles of Economics, which has