Question

Role of managerial economist in banking business

Answer 1

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✒A managerial economist is used best to provide the pricing and profit policies. The firm also needs the help of managerial economist for its investment decisions. For this he need to forecast the return on the investment and the cost that the firm incurs by taking up the investment.

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Answer 2

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Role of a Managerial Economist. A managerial economist helps the management by using his analytical skills and highly developed techniques in solving complex issues of successful decision-making and future advanced planning. ... He assists the business planning process of a firm. He also carries cost-benefit analysis.