Guident By

:-
Uday Sir
SHRI RAM INSTITUTE OF
INFORMATION &
TECHNOLOGY
Managerial Economic :-
There are two types of
Economic:-
(1)Specific Function
(2)General Function
Role of managerial
Economy :-
1. Specific Function:-
Production Scheduling
Demand Forecasting
Marketing Research
Economic analysis of industrys
Investment appraisal
Security management analysis




Role of managerial Economy :-
2. General Function:-
It as to study the external factor such as
study of national economy, economy trade
& world wide.
He has to performed micro forecasting
for demand and supply.
He need to know money & credit card a
head.
He has to study increase and decrease
in market compitation
Managerial economic provide pricing &
profit policies.
Managerial economic help in invest
decision.



Responsibilities Of Managerial
Economic:-
Measuring the Increase in the
Earning Capacity of a firm
Successful Forecasting
Contacting the sources of Economic
Information and Experts
Keeping the Management Informed
of all the Possible Economic Trends
Achieving Respectable status in the
firm
Performing Function Sincerely


Main responsibilities of managerial
economist is to serves his advise best by
keeping in mind the main objective of his
business that is to make profit on
invested capital .
other important responsibilities of
managerial Economics is to make a
successful forecasting by making best
possible forecast he should aim at
minimizing risk involve in uncertainty.