Managerial Economics Research Suggested Format
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Application of Economic Concepts in Managerial Decision Making: A Case Analysis Suggested format is as follows: OBJECTIVE To demonstrate application of economic concept/s in management decision making using actual managerial problem or case FORMAT I. Executive Summary II. Introduction This portion will include discussion on the background of the study, research questions/problem as well as the objectives. This part should clearly define why the study is conducted. III. Methodology/Economic Theory/Theoretical Framework. 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 IV. The Case Describe the background of the application or the case. Please note that the project you are doing is an application of economic concepts in managerial decision making. To appreciate this application, it is important to describe the context or background information necessary to analyze the case. This part can be broken down into different components eg history, descriptive, simple analysis of data, dimensions/aspects of the issues relevant to the case, etc. Basically, this illustrates the application of the economic concept/s used to address or aid management decision making.
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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
