what can economic theory contribute to managerial economics?

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what can economic theory contribute to managerial economics?

2007-03-09 03:56:59 · 3 answers · asked by agbabiaka moshood olanrewaju 1 in Social Science ➔ Economics

3 answers

Typically new theory takes 20-30 years to filter into MBA textbooks, which then turns into managerial styles down the road.

Black-Scholes is one major example.

2007-03-09 04:30:30 · answer #1 · answered by Anonymous · 0⤊ 0⤋

Managerial economics is a branch of economic theory, so your question makes no sense. It's like asking what mathematics contributes to algebra or what history contributes to medieval studies...

2007-03-09 05:04:24 · answer #2 · answered by NC 7 · 0⤊ 0⤋

"Common Sense"

2007-03-09 04:09:28 · answer #3 · answered by Fudge S 2 · 0⤊ 0⤋