Masters of Business Administrattion:Managerial Economics

Bharathiar University
In Coimbatore

Price on request
You can also call the Study Centre
42224... More
Compare this course with other similar courses
See all

Important information

  • Master
  • Coimbatore
Description

Goals: To enable the students to learn the application of the economic principles and policies. on managerial decision making. Objectives: On successful completion of the course the students should have: Understood the economic principles and policies on managerial decision making. Learn demand, supply, cost and profit concepts and functions along with its. applications. To learn profit policies, pl

Important information
Venues

Where and when

Starts Location
On request
Coimbatore
Bharathiar University, Coimbatore, 641046., Tamil Nadu, India
See map

Course programme

Managerial economics emphasize on the influence on micro and macro economics on
managerial decision making, explaining the supply, demand and cost functions, its
relative impact on the economy and the company correlating to profit and investment
analysis.
Goals:
To enable the students to learn the application of the economic principles and policies
on managerial decision making.
Objectives:
On successful completion of the course the students should have:
Understood the economic principles and policies on managerial decision making.
Learn demand, supply, cost and profit concepts and functions along with its
applications.
To learn profit policies, planning and problem solving techniques.
To learn inflation, deflation and balance of payment on national income.
UNIT I : Managerial Economics - meaning, nature and scope - Managerial Economics
and business decision making - Role of Managerial Economist - Fundamental concepts
of Managerial Economics.
Demand Analysis - meaning, determinants and types of demand - Elasticity of demand.
UNIT II : Supply meaning and determinants - production decisions - production
functions - Isoquants, Expansion path - Cobb-Douglas function.
Cost concepts - cost - output relationship - Economies and diseconomies of scale - cost
functions.
UNIT III : Market structure - characteristics - Pricing and output decisions - methods of
pricing - differential pricing - Government intervention and pricing.
UNIT IV: Profit - Meaning and nature - Profit policies - Profit planning and forecasting
- Cost volume profit analysis - Investment analysis.
UNIT V : National Income - Business cycle - inflation and deflation - balance of
payments - Monetary and Fiscal Policies

Compare this course with other similar courses
See all