How Important Is The Knowledge Of Economics In Management?

Posted by admin on September 12th, 2009 at 09:13pm

Do I need to go beyond a basic, university economics class to succeed as an executive? How applicable/ practical would my knowledge of economics be if I wanted to be a CEO of a Fortune 500 company (regardless the industry)? Would you say that knowledge of marketing, finance, accounting, supply chain, and organizational behavior be more important? I would appreciate a ranking of the subjects in terms of importance.

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Under Economics

1 Comment for How Important Is The Knowledge Of Economics In Management?

  • 1. marcus k  |  September 12th, 2009 at 10:09 pm

    As a matter of fact, economics is pretty much everything. Its all about cost effectiveness, and benefit and cost analysis…Getting a degree in economics is crucial to being a Ceo….And sometimes you can get a degree in management, but cant manage…..But in economics, you can do the economics if you study it..unless you didnt really study…

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