Open AccessRelationship between developing manager and managerial economics: a theoretical overview
Author(s) -
Md. Hasanur Rahman,
Shapan Chandra Majumder
Publication year - 2021
Publication title -
independent journal of management and production
Language(s) - English
Resource type - Journals
ISSN - 2236-269X
DOI - 10.14807/ijmp.v12i5.1390
Subject(s) - managerial economics , bridge (graph theory) , stakeholder , stakeholder theory , developing country , business , economics , microeconomics , management , business economics , economic growth , medicine
The purpose of this study was to identify the relationship between developing managers and managerial economics. This study examines the contributions of managerial economics to developing managers. Current study deals with a complete critical analysis of theoretical overview based on journals, books, and other sources. Managerial performance, skill, and effectiveness have been discussed in aspect of managerial economics. The bidirectional analysis proves that managerial performance creates economic efficiency and effectiveness. The major contributions of this analysis give the knowledge and way of developing a manager by supporting managerial economics. The stakeholder of this study can able to make a bridge between management and managerial economics.