O'Reilly logo

The Pragmatic MBA for Scientific and Technical Executives by Bertrand C. Liang

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 2

Economics

Table of Contents

“For an economist the real world is often a special case.”

Edgar R. Fiedler

“Unfortunately, theory is silent on exactly when the long run arrives.”

Sam Peltzman

Introduction

An understanding of economics is important for the technical executive, as decisions influenced by changes in both micro- and macroeconomic indicators have direct implications on costs, as well as markets, both domestically and abroad. Specifically, ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required