@article{Purnomo_2021, title={MANAGERIAL ECONOMICS: UNDERSTANDING ECONOMIC OPTIMIZATION}, volume={11}, url={http://ejournal.kopertais4.or.id/pantura/index.php/alhikmah/article/view/3665}, DOI={10.36835/hjsk.v11i2.3665}, abstractNote={<p>Abstract, Changes in the business environment will occur at any time, generally in the<br>form of changes in one or a combination of environmental factors outside the<br>company, both on a national, regional and global scale. Business uncertainty will<br>usually increase when the economic cycle is down, for example when we enter the<br>millennium century, and then become optimistic when the economic cycle increases.<br>The performance of a company will be greatly influenced by government policies in<br>the economic, monetary, fiscal, trade and investment sectors. Economic development<br>in developing countries such as Indonesia is also influenced by the sharpness of the<br>vision, mission and development strategies carried out by the government regime. In<br>monitoring the economic turmoil because these factors can directly affect the<br>realization of the achievement of business plan targets, the quality of business<br>processes and the achievement of company performance benchmarks in a sustainable<br>manner. The inflation rate is the most important economic variable that directly<br>affects the condition of consumer purchasing power and the company’s production<br>cost structure. Meanwhile, the development of interest rates should always be<br>monitored by the company, considering that this main economic variable is the basis<br>or barometer for activities that are feasible or not appropriate for a business to run.<br>Management decisions in today’s business world are no longer solely based on<br>economic considerations. According to the principles of economics, which were later<br>revealed to the branch of managerial economics, management decisions lead to the<br>goal of maximizing profits, especially economic profits. Developments show that<br>business decisions have psychological influences on decision makers, as well as social<br>influences where business entities and decision makers interact with the environment.<br>Keywords: managerial economics, economic optimization, Indonesia.</p&gt;}, number={2}, journal={Al Hikmah: Jurnal Studi Keislaman}, author={Purnomo, Joko Hadi}, year={2021}, month={Sep.}, pages={200-218} }