Professional Documents
Culture Documents
The Course:
Managerial Economics is a fundamental part of the business curriculum. The goal of this text is to provide
the students with the tools that they need to make sound Managerial Decisions
Course objectives:
1. The subject brings the complete and rigorous introduction to the basic Principles of Micro
Economics.
2. The introduction of Managerial Economics demonstrates how application of Economic Theory
can improve the decision making in different Businesses and how there exist variations in theory
and in Real Life Decision making.
Books recommended
1. Petersen H. Craig, Lewis W. Cris (2003) “ Managerial Economics” 4th edition Pearson
2. Baye Michael R., (2000) “Managerial Economics and Business Strategy.” 2nd and 3rd edition,
Irwin, McGrew-Hill.
3. Salvatore Dominick, (2000). “Managerial Economics in a Global Economy” 2nd edition,
McGrew-Hill.
4. Keat G. Paul, Young K.Y. Phillip, (2003) “Managerial Economics” 4th edition, Pearson