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As it is assumed the reader has at least some exposure to calculus, the nuts and … Importance: business objectives. 4 Significance of Business Economics … Macro Economics : Theory of Income and Employment Business Cycles 13 Theory of Multiplier 25 Module 2 : Monetory Economics 39 Demand for Money 47 Inflation 61 Philips Curve 79 Module 3 : … The book addresses students at the undergraduate and graduate levels in economics and management, as well as students of engineering and business schools. Since these are within the control of the business firm, demand can be manipulated. It will further appeal to professionals and practitioners of econometrics, … Managerial Economics bridges the gap between traditional economics theory and real business practices in two days. 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