GGSIPU (MS105) Managerial Economics

	UNIT 1 Introduction [Book Link]
1	Nature, Scope and Significance of Managerial Economics	VIEW
2	Managerial Economics and relationship with other Disciplines	VIEW
3	Role of Managerial Economics in Decision Making	VIEW
4	Opportunity cost Principle	VIEW
5	Production Possibility Curve	VIEW
6	Incremental Concept	VIEW
7	Cardinal And Ordinal Approaches to Consumer Behaviour	VIEW
8	Equi-Marginal Principal	VIEW
9	Law of Diminishing Marginal Utility	VIEW
10	Indifference Curve Analysis	VIEW

	UNIT 2 Demand Analysis and Theory of Production [Book Link]
1	Demand Function, Determinants of Demand	VIEW
2	Elasticity of Demand, Demand Estimation and Forecasting	VIEW
3	Application of Demand Analysis in Managerial Decision Making	VIEW
4	Theory of Production: Production Function	VIEW
5	Short run and Long Run Production Analysis	VIEW
6	Isoquants, Optimal Combination of Inputs	VIEW

	UNIT 3 Theory of Cost and Market Structures [Book Link]
1	Traditional and Modern Theory of Cost in Short Run and Long Run	VIEW
2	Economies of Scale and Economies of Scope	VIEW
3	Revenue Curves	VIEW
4	Market Structure: Price-Output decisions under Perfect Competition, Monopoly, Monopolistic Competition and Oligopoly	VIEW
5	Strategic behaviour of firm	VIEW
6	Game Theory:- Nash Equilibrium, Prisoner’s Dilemma	VIEW
7	Price and Non- Price Competition	VIEW

	UNIT 4 Introduction to Macro Economics [Book Link]
1	Nature and Importance of Macro Economics	VIEW
2	Economic Growth and Development	VIEW
3	Determinants of Economic Development	VIEW
4	Methods of Measurement of National Income	VIEW
5	Inflation; Meaning and Theories and Control Measures	VIEW