Role of business economics ppt

  • What is the role of business economist SlideShare?

     To establish and maintain contact with individual and data sources.  To keep the management informed of all the possible economic trends.  To participate in public debates  To earn full status in the business team.
    Assisting the management towards facilitating effective decision making and forward planning.Jan 23, 2015.

  • It is a field of economics that analyses, assumes, and forecasts business situations using economic theory.
    Managerial economics has three main functions in businesses: market research and forecasting, investment management, and profit managerial staff.
  •  To establish and maintain contact with individual and data sources.  To keep the management informed of all the possible economic trends.  To participate in public debates  To earn full status in the business team.
    Assisting the management towards facilitating effective decision making and forward planning.Jan 23, 2015
Jan 23, 2015Companies employ business economists to guide them in making appropriate economic decisions – present and future (forecasting – short & long 

What does a business economist do?

Academic economists:

  • Business economists at universities - involved in the activities such as :
  • applied business economic research
  • continuous literary study
  • advise / liaison with business economists in practice
  • attending seminars and conferences
  • presenting short courses and lectures and training students in Business Management.

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