The application of the concepts and analysis of economics for problem solving in management related issues is known as managerial economics. Risk analysis, capital budgeting and pricing analysis are some of the significant areas where managerial economics is applied. This book studies, analyses and upholds the pillars of managerial economics and its utmost significance in modern times. Some of the diverse topics covered herein address the varied branches that fall under this discipline. It attempts to assist those with a goal of delving into the field of managerial economics.