This book is presented in two parts, namely the basic Elements of Managerial Economics and advanced Managerial Economics (Higher analysis) in the first part I have discussed the basic elements analysis of managerial economics, basic concepts of managerial economics, competition analysis, price discrimination, profit analysis, etc. In another part of Advnced Modern Analysis of Managerial Economics, I have explained higher ad modern analysis of the subject in detailed. I the second part of the book, we have discussed demand analysis, (demand forecasting), cost analysis, production analysis, oligopoly, linear programming, price analysis, advertisement cost analysis, capital budgeting etc. In these theories an attempt have been made to examine the role of manager in various managerial decisions. How the manager take various decision with the help of these theories, this is explained in detail in this book.