Applying Managerial Economics to Solve Gender Inequality Issues

This essay examines the issue of gender inequality and how managerial economics can provide solutions. It emphasizes the role of gender norms and stereotypes in reinforcing gendered identities that contribute to inequality. The essay explores how managerial economics can be applied to address this issue, focusing on the importance of workplace flexibility, such as part-time work and work-from-home options, to improve work-life balance for women. It also highlights the need for companies to proactively encourage and promote women, monitor promotion practices, and improve access to infrastructure. Furthermore, the essay discusses the role of public policies, networking, and the Regis Mission in promoting gender equality and empowering women within society. It suggests that businesses can become stewards by implementing policies that support women and contribute to economic growth by extending help to the weak people. The essay concludes by reiterating the importance of organizational flexibility and proactive management in solving the social issue of gender inequality.

Running head: GENDER INEQUALITY
Gender Inequality
Name of the student
Name of the University
Author note

1GENDER INEQUALITY
The gender norms and the stereotypes helps in reinforcing the gendered identities
which constrains behaviours of the men and the women that paves the path for the inequality
in the society (Kleven, Landais & Søgaard, 2019). Managerial economics helps in applying
economic concepts along with the tools which helps in solving the practical problems in the
business. This essay discusses how the managerial economics can help in solving the problem
of the gender inequality in the wider society.
The lessons that have been learnt in the class can help in solving the problem of the
gender inequality within the society. The social issue can be solved by imbibing the
flexibility in the workplace that can help in the maintenance of the work-life balance. The
women employees should be given the opportunity of working on the part time basis or
working from the home that can help in the alleviation of the issue. The companies should be
pro-active regarding the encouragement of the women that can help in the process of
promotion of the women. The promotions of the women can be monitored on the regular
basis that can help in taking care of the equal treatment of the men and the women (Blau,
2016). The women can be provided with the improved access in relation to the infrastructure
that can help in reducing the differences in between the men and the women. The public
policies should be undertaken that can aid in the process of empowerment of women in the
society (Jayachandran, 2015). The power of the networking can be taken recourse to that can
help in building the confidence of the women.
The Regis mission talks about the fact that the men and the women should be
educated that can create a positive effect within the framework of the global society. It talks
about the fact that the people should live a purposeful life that can help in the reduction of the
gender disparity in society. The people should be willing to serve the other people in the
society that can help in improving the overall economic condition of society. The people who
are in the upper echelons in the management should be able to implement the policies along

2GENDER INEQUALITY
with the activities that can help in ensuring the gender equality within the framework of the
society (Ridgeway, 2018). The business can become the stewards in the society in the event
of the organisation bringing in the policies that can bolster the position of the women in the
society. The people can serve the useful purpose in the society in the event of extending the
help to the weak people that can prove to be advantageous for the economic growth of the
society.
Social issue pertaining to the gender inequality can be solved in the event of
introducing the flexibility in the organization that can be instrumental in maintaining work-
life balance. The women can be allowed to work in a flexible manner that can aid in the
process of alleviation of problem. The management can implement suitable policies that can
take care of the problem of the gender inequality in society.

3GENDER INEQUALITY
References
Blau, F. D. (2016). Gender, inequality, and wages. OUP Catalogue.
Jayachandran, S. (2015). The roots of gender inequality in developing
countries. economics, 7(1), 63-88.
Kleven, H., Landais, C., & Søgaard, J. E. (2019). Children and gender inequality: Evidence
from Denmark. American Economic Journal: Applied Economics, 11(4), 181-209.
Ridgeway, C. (2018). The Persistence of Gender Inequality. In Inequality in the 21st
Century (pp. 417-421). Routledge.