economics managerial 2

I have 2 topics. You can choose ONE. Choose the one that you are most knowledgeable of. Needs to be 1000 words.

AND PLEASE USE THIS TEXT

Brickley, Smith and Zimmerman, Managerial Economics and Organizational Architecture: 3rd, 4th, 5th or 6th edition. (New York: McGraw Hill).

TOPIC 1

Economics Nobel laureate Milton Friedman famously argued that the only responsibility of a business is to maximize shareholder value, consistent with the law.Discuss, using economic logic.

OR

TOPIC 2

Land, labor and capital are important for production – but they are nothing without entrepreneurial talent.How has managerial economics helped you refine yourself as a tool of management, as a productive resource, and as a product you can sell to employers?Describe how you have already changed, and how you plan to change, using economic logic.

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