Last updated on December 2nd, 2022 at 07:50 pm
Unit 1 Introduction {Book} |
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Nature, Scope and Significance of Managerial Economics |
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Managerial Economics and relationship with other Disciplines |
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Role of Managerial Economics in Decision Making |
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Opportunity cost Principle |
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Production Possibility Curve |
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Incremental Concept |
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Cardinal And Ordinal Approaches to Consumer Behaviour |
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Equi-Marginal Principal |
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Law of Diminishing Marginal Utility |
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Indifference Curve Analysis |
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Unit 2 Demand Analysis and Theory of Production {Book} |
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Demand Function, Determinants of Demand |
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Elasticity of Demand, Demand Estimation and Forecasting |
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Application of Demand Analysis in Managerial Decision Making |
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Theory of Production: Production Function |
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Short run and Long Run Production Analysis |
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Isoquants, Optimal Combination of Inputs |
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Unit 3 Theory of Cost and Market Structures {Book} |
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Traditional and Modern Theory of Cost in Short Run and Long Run |
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Economies of Scale and Economies of Scope |
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Revenue Curves |
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Market Structure: Price-Output decisions under Perfect Competition, Monopoly, Monopolistic Competition and Oligopoly |
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Strategic behaviour of firm |
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Game Theory: Nash Equilibrium, Prisoner’s Dilemma |
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Price and Non- Price Competition |
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Unit 4 Introduction to Macro Economics {Book} |
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Nature and Importance of Macro Economics |
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Market command |
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Mixed economics |
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The invisible economics |
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The economic role of Government |
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Economic Growth and Development |
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Determinants of Economic Development |
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Methods of Measurement of National Income |
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Inflation; Meaning and Theories and Control Measures |
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