Write a research paper on the significance of what are the three branches of managerial economics?demonstrate understanding of managerial economics consistent with course
objective (s) by writing and submitting a final paper that addresses the following topics:
1. Understanding the basic concepts and fundamentals of managerial economics especialy as
applied in the public sector
2. Understanding demand, supply, market forces and how to use economic graphs by public
administrators and policymakers
3. The practical utility of basic economic tools by managers including present value analyss,
production, costs, managerial strategies
4. Basic models of perfect competition, monopoly, monopolistic competition, oligopoly,
contracting, pricing
5. The role of managerial economics in governmental decisions
