Remember that these tasks draw not only upon your quantitative and data analysis/interpretation skills, but also upon your communication skills.
How might you go about presenting your findings to the company’s decision makers?
Describe how you will present your information in a way that will be understandable to laypeople and will convince them of the merit of your processes (and ultimately, your recommendations). As a managerial economics student and professional, you are encouraged to use your own experience, understanding, and knowledge of business and industry structure to drive your analysis. Specifically, the following critical elements must be addressed: I.Research: In this section, you will apply economic theory and quantitative analysis to your research topic.
A.Describe the relationship between the economic factors you identified and the presented issue. B.Using mathematical concepts, illustrate the relationships between economic factors and the issue. C.Describe the market structure of your organization’s industry.
D.Determine how the market structure of the industry influences the issue. Support your response with relevant examples from the case. This theoretical and quantitative analysis assignment will be incorporated into the final economic analysis recommendation paper.
