Syllabus For Managerial Economics
Syllabus For Managerial Economics
BLOCK I
Managerial Economics – Meaning, Nature and Scope – Managerial Economics and Business decision making – Role of Managerial Economist – Demand Analysis – Fundamental Concepts of Managerial Economics – Meaning, Determinants and Types of Demand – Elasticity of demand - Demand forecasting and forecasting methods.
BLOCK II
Supply: Meaning and determinants – production function- Isoquants – Expanstion path Cobb Douglas function – Cost concepts – Cost output relationship – Economies and diseconomies of scale – Cost functions.
BLOCK III
Market Structure – Various forms – Equilibrium of a firm – Perfect competition – Monopolistic competition – Oligopolistic competition – Pricing of products under different market structures – Methods of pricing – Factors affecting pricing decision – Differential pricing – Government Intervention and pricing.
BLOCK IV
The concept of profit: Profit planning, control and measurement of profits. Profit maximisation – Cost volume profit analysis – Investment Analysis.
BLOCK V
National Income – Accounting – Consumption and investment – Business Cycle and unemployment – Inflation and deflation, Balance of Payments – Monetary and Fiscal policies.
BLOCK I
Managerial Economics – Meaning, Nature and Scope – Managerial Economics and Business decision making – Role of Managerial Economist – Demand Analysis – Fundamental Concepts of Managerial Economics – Meaning, Determinants and Types of Demand – Elasticity of demand - Demand forecasting and forecasting methods.
BLOCK II
Supply: Meaning and determinants – production function- Isoquants – Expanstion path Cobb Douglas function – Cost concepts – Cost output relationship – Economies and diseconomies of scale – Cost functions.
BLOCK III
Market Structure – Various forms – Equilibrium of a firm – Perfect competition – Monopolistic competition – Oligopolistic competition – Pricing of products under different market structures – Methods of pricing – Factors affecting pricing decision – Differential pricing – Government Intervention and pricing.
BLOCK IV
The concept of profit: Profit planning, control and measurement of profits. Profit maximisation – Cost volume profit analysis – Investment Analysis.
BLOCK V
National Income – Accounting – Consumption and investment – Business Cycle and unemployment – Inflation and deflation, Balance of Payments – Monetary and Fiscal policies.
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