Managerial Economics Research Suggested Format

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Transcript of Managerial Economics Research Suggested Format

Application of Economic Concepts in Managerial Decision Making: A Case AnalysisSuggested format is as follows:OBJECT!E To demonstrate application of economic concept/s in management decision making using actualmanagerial problem or case"O#MAT $ E%ecuti&e Summary$ ntroduction This portion will include discussion on the background of the study, research questions/problemas well as the objectives.This part should clearly define why the study is conducted.$Met'odology(Economic T'eory(T'eoretical "ramework$ Discuss the methodology (how you address the objectives to include the economic concept/s used in the study eg supply, demand, market structure, market power, principal agent, etc and the data /statistics/softwares, etc used!$ T'e Case Describe the background of the application or the case.!lease note that the project you aredoing is an application of economic concepts in managerial decision making. To appreciatethis application, it is important to describe the conte"t or background information necessaryto analy#e the case. Thispart canbebrokendownintodifferent componentseghistory,descriptive, simpleanalysis of data, dimensions/aspects of the issues relevant to the case, etc. $asically, thisillustrates the applicationof theeconomic concept/s used to addressor aid managementdecisionmaking. %nother words, the objectives of the study/research problems andquestions are addressed here. !$ Analysis of t'e case This presents the analysis of the case given the information and the economic concept orframeworkyouwouldliketoapplytohelpyouanaly#e thecaseor solveor addressmanagerial problem/s!$ Summary) conclusions and recommendations !$ #eferences