Managerial Economics

Aims & Scope

Managerial economics examines and analyses the functioning mechanisms of modern market economies. The main aim is to draw more attention to major decision problems and to present the principles of economic analysis which is required for optimal decision-making. Scopes include: discussion on the results of research which lead to a better understanding of decision-making problems and deepening the state of knowledge on the functioning mechanisms of modern economies, which are constantly becoming more complex, presentation of the principles of economic analysis which may help in making optimal decisions in the light of business process and its individual elements, and an evaluation of the practical suitability of particular methods and results of analyses, identification of the key decision-making problems which are being nowadays faced by managers, evaluation of achievements in the field of the theoretical foundations of managerial decisions, which undoubtedly facilitates an understanding of the essence of the economic phenomena occurring at the interface between business entities and the economic environment, presentation of the results of comprehensive analyses of investment decisions in the public and private sectors (including public project financing) taken in conditions of uncertainty. The research problems listed above show that the main interest of modern managerial economics is the process of decision-making and a detailed analysis of the conditions and factors determining the optimal path of decisions in the production of broadly defined goods. Making optimal economic decisions requires quantitative analyses based on econometric modeling and forecasting. Thus, papers on the theory and practice of building and applying econometric models supporting the process of decision-making provide important insights into the issues discussed in the pages of Managerial Economics.

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Source: OpenAlex · Each year’s green bar = citations earned by that year’s papers, counted to date — so recent years look lower simply because their papers haven’t had time to be cited yet.

Subject Classification