Managerial economics is the combination of management and economics. In simple words management is the planning, organizing, leading and controlling the efforts of a group of peoples towards some ...

This paper tests the widely held proposition that investor sentiment contributed to the stock market crash of 1987. Using weekly data during the 1986-8 period and conventional measures of stock ...

William Baumol writes in "Economics: Principles and Policy" that the total monetary utility of a collection of goods to a consumer is equal to the largest amount of money the consumer will pay in ...

Dr. Huizhong Zhou is a professor in the Department of Economics at Western Michigan University. Zhou teaches microeconomics, managerial economics and industrial organization at the undergraduate, ...