Managerial economics (also called business economics), is a branch of economics that applies microeconomic analysis to specific business decisions. As such, it bridges economic theory and economics in practice. It draws heavily from quantitative techniques such as regression and correlation, Lagrangian calculus (linear). If there is a unifying theme that runs through most of managerial economics it is the attempt to optimize business decisions given the firm's objectives and given constraints imposed by scarcity. This article needs additional references or sources for verification. ... Microeconomics is the study of the economic behaviour of individual consumers, firms, and industries and the distribution of production and income among them. ... Generally, regression is related to moving backwards, and the opposite of progression. ... Positive linear correlations between 1000 pairs of numbers. ... Calculus (from Latin, pebble or little stone) is a mathematical subject that includes the study of limits, derivatives, integrals, and infinite series, and constitutes a major part of modern university education. ... In mathematics, the term optimization, or mathematical programming, refers to the study of problems in which one seeks to minimize or maximize a real function by systematically choosing the values of real or integer variables from within an allowed set. ...

Almost any business decision can be analysed with managerial economics techniques, but it is most commonly applied to:

• Risk analysis - various uncertainty models, decision rules, and risk quantification techniques are used to assess the riskiness of a decision.
• Production analysis - microeconomic techniques are used to analyse production efficiency, optimum factor allocation, costs, economies of scale and to estimate the firm's cost function.
• Pricing analysis - microeconomic techniques are used to analyse various pricing decisions including transfer pricing, joint product pricing, price discrimination, price elasticity estimations, and choosing the optimum pricing method.
• Capital budgeting - Investment theory is used to examine a firm's capital purchasing decisions.

At universities, the subject is taught primarily to advanced undergrads. It is approached as an integration subject. That is, it integrates many concepts from a wide variety of prerequisite courses. Lets talk about risk control strategies, anyone with more information and willing to share, please do so. ... In microeconomics, Production is simply the conversion of inputs into outputs. ... In economics, business, and accounting, a cost is the value of inputs that have been used up to produce something, and hence are not available for use anymore. ... The increase in output from Q to Q1 causes a decrease in the average cost of each unit from C to C1. ... This article does not cite any references or sources. ... Transfer pricing refers to the pricing of goods and services within a multi-divisional organization, particularly in regard to cross-border transactions. ... Pricing for joint products is a little more complex that pricing for a single product. ... Price discrimination exists when sales of identical goods or services are transacted at different prices from the same provider. ... Corporate finance is an area of finance dealing with the financial decisions corporations make and the tools and analysis used to make these decisions. ...

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• list of business theorists
• list of economists
• list of corporate leaders

This aims to be a complete list of the articles on economics. ... What follows is a list of over 250 Wikipedia articles on finance topics. ... International trade - an overview Absolute advantage Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPs) APEC Autarky Balance of trade barter Bilateral Investment Treaty (BIT) Bimetallism branch plant Bretton Woods Conference Bretton Woods system British timber trade Cash crop Comparative advantage Continental trading bloc Cost, insurance and freight Currency... Manufacturing and manufacturing systems manufacturing factory Craft system English system of manufacturing American system of manufacturing Mass production Batch production Just in time manufacturing Toyota Production System Lean manufacturing Computer-aided manufacturing (CAM) Mass customization Theories of production Taylorism Fordism Theory of constraints Productivity Productivity benchmarking cost accounting experience curve... Following is a list of accounting topics. ... This is a list of articles on general management and strategic management topics. ... Organizational studies - an overview Organizational development Management development Mentoring Coaching Job rotation Professional development Upward feedback Executive education Supervisory training leadership development leadership talent identification and management individual development planning 360 degree feedback succession planning Skills management performance improvement process improvement job enrichment Training & Development managing change and also change... This is a list of over 200 articles on marketing topics. ... Management information systems an overview E-business Intranet strategies Database management system Data warehousing Data mining Document warehousing Customer relationship management (CRM) Sales force management system Enterprise resource planning (ERP) Human Resource Management Systems (HRMS) Business performance management Project management software Integration management Middleware Groupware and collaborative systems RSA Computer... This is a list of business law topics within the field of commercial law. ... See business ethics, political economy and Philosophy of business for an overview. ... This is an annotated list of important business theorists. ... This is an alphabetical list of notable economists. ... List of corporate leaders: Joe Ackermann - Deutsche Bank William Maxwell Aitken, 1st Baron Beaverbrook- newspaper magnate Arthur Andersen - Arthur Andersen Kunitake Ando - Sony John Jacob Astor - Fur trading and real estate Nitchell Baker - Mozilla Corporation Percy Barnevik - Investor Bernard Baruch - Financier, Investor, Presidential advisor Andy Bechtolsheim - Sun Microsystems Silvio Berlusconi...

External sources and links

• Weigelt, Keith (2006) Managerial Economics
• Png, Ivan (2002) Managerial Economics, Malden, MA: Blackwell.
• Baumol, W. J. (1961) What can economic theory contribute to managerial economics?, American Economic Review, vol. 51, no. 2, May 1961, pp 142-46.
• Elmer G. Wiens: Managerial Incentives - The Public Firm with Managerial Incentives.