Managerial Economics: Describe the firm’s main product(s) / lines of business and the internal organizational structure of the firm.

Managerial Economics Prepare a report undertaking an economic analysis of an organization of your choice, its markets and the wider macroeconomic context using evidence drawn from company reports, market reports, market data and academic journal articles, etc. The report should include: i) Description of the organizations basic characteristics; Describe the firm’s main product(s) / lines […]

What was the winner’s contribution to managerial economics?What current industries and price making-power issues are most relevant to his work?

In 2014, the Memorial Nobel Prize in Economics went to Jean Tirole. Research Tirole’s work and address the following issues in essay form: What was the winner’s contribution to managerial economics? What current industries and price making-power issues are most relevant to his work? How is Tirole’s work relevant to your current industry/area of professional […]

Explain and provide an example of how the a firm might gain economies of scope without gaining economies of scale.

The discipline is Managerial Economics. Please answer the following: Answer the following questions: 1) Explain the relative advantages and disadvantages of each of the following: a.)Time-series and cross-section studies for estimating cost functions in the short run and long run. b.) using a polynomial cost function compared with a power function for a long-run analysis. […]

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