Slide 1U NIT 1 Chapter 1 Lesson 1 Slide 2 N EEDS VS. W ANTS Needs would be defined as goods or services that are required in order to live. Ex. food, water, air, clothing,…
Slide 1L ECTURE O NE : I NTRODUCTION IMBA NCCU Managerial Economics Lecturer: Jack Wu Slide 2 D EFINING M ANAGERIAL E CONOMICS Managerial economics: Science of directing…