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Syllabus For Managerial Economics

The course Managerial Economics is a 3 credit course that has several objectives: 1) To understand the scope and subject matter of managerial economics and its relationships with quantitative and behavioral sciences; 2) To understand concepts, tools, and techniques of economics to examine decision making of firms; 3) To show how managerial decisions are made in practice. The course covers topics such as demand analysis, production and cost analysis, market structures, pricing practices, investment decisions, and current affairs. The textbook is Managerial Economics and reference books include titles on managerial economics, modern economic theory, and principles of economics.

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0% found this document useful (0 votes)
201 views

Syllabus For Managerial Economics

The course Managerial Economics is a 3 credit course that has several objectives: 1) To understand the scope and subject matter of managerial economics and its relationships with quantitative and behavioral sciences; 2) To understand concepts, tools, and techniques of economics to examine decision making of firms; 3) To show how managerial decisions are made in practice. The course covers topics such as demand analysis, production and cost analysis, market structures, pricing practices, investment decisions, and current affairs. The textbook is Managerial Economics and reference books include titles on managerial economics, modern economic theory, and principles of economics.

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Course Code Course Title Credits Objectives :

: 111 : : Managerial Economics 3

To understand the scope and subject matter of managerial economics and its relationships with various quantitative and behavioral sciences. To understand various concepts tools and techniques of economics with a view to use them while examining decision-making process of a firm in terms of price and output determination under different market conditions. To show how managerial decisions are actually made in the real world. Current Affairs The Nature and Scope of Managerial Economics Optimization Techniques and New Management Tools Demand Concepts, Demand Analysis & Demand Elasticities. Demand Estimation and Demand Forecasting Production and Cost Analysis Cost Theory & Estimation Market Structures and Pricing Practices Pricing Strategies and Practices Long Run Investment Decisions: Capital Budgeting

Contents :

Text Book: Managerial Economics Reference Books : 1. Managerial Economics

Dominick Salvatore, Oxford University Press.2008. - D.N. Dewedi,6th Ed., Vikas Publishing House Pvt. Ltd, N.Delhi. 2009. - Samuelson & Nordhaus, 17th Edition, Tata Mcgrow-Hill Publishing Com. Ltd., New Delhi. 2010. - K.K.Dewett, S. Chand & Co. Ltd, New Delhi. First Edition 1999. - N. Gregory Mankiew, 2nd Edition, Thomson South -Western College Publishing. 2007. Paul G. Keat & Philip K.Y. Young 6th Edition Publication Pearson Education, New Delhi, 2008.

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Economics Modern Economic Theory Principles of Economics Managerial Economics

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