Managerial Economics SOLVED NOTES EBOOK CHAPTERWISE
Managerial Economics SOLVED NOTES EBOOK CHAPTERWISE
Product Details: Managerial Economics SOLVED NOTES EBOOK CHAPTERWISE
Format: EBOOK DOWNLOAD IN FEW HOURS
Pub. Date: NEW EDITION APPLICABLE FOR Current EXAM
Edition Description: 2018-19
Pages : 220+
RATING OF EBOOK: EXCELLENT DOWNLOAD IN FEW HOURS
- DOWNLOAD EBOOK WITH NOTES CHAPER WISE
PREVIEW OF CHAPTERS SYLLABUS
Managerial Economics
Description
1. Introduction to Managerial Economics: Scope of Economics, Economic Principles relevant to Managerial Decisions, Relationship of Managerial Economics with Decision Sciences.
2. Market Demand and Supply: Determinants of Demand, Basis for Demand; Direct and Derived demand; Law of Demand, Law of Supply, Market Equilibrium. Consumer Behaviour.
3. Utility analysis: Cardinal and Ordinal utility, Equi-marginal utility. Indifference curve and its properties. Consumer Equilibrium with Cardinal and Ordinal approach, Consumer surplus, Price, Income and Cross
Elasticities of Demand.
4. Production Theory: Production Functions with one variable and two variable inputs, Producers’ Equilibrium, Expansion Path, Total, Marginal and Average Revenue curve; Law of Diminishing Returns to
Factor; Returns to Scale.
5. Cost Analysis: Types of Costs; Short Run and Long Run Cost Curves; Economics of Scope and Economies of Scale. Revenue Analysis: Types of Revenue Curves and their applications.
6. Market Structure: Perfect Competition; Assumptions, Price and Output determination in Perfect Competition in Short and Long run.
7. Imperfect Competition: Monopoly–Features; Price and Output decisions; Price Discrimination.
8. Monopolistic Competition: Features; Price and Output decisions; Short and Long run Equilibrium.
9. Oligopoly: Features; Cartels and Collusions (introductory); Kinked Demand curve.
10. National income: Concepts, Methods of measuring National Income, Problems in measuring National Income, Circular Flow of Income in 2 Sector and 4 Sector model.
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