Managerial Economics in MBA is a crucial skill to learn. The course is mainly analytical in nature and focuses on clarifying fundamental concepts from microeconomic viewpoint. It studies the problems and principles of an individual business firm or industry. Managerial economics , or business economics , is a division of microeconomics that focuses on applying economic theory directly to businesses.
The application of economic theory through statistical methods helps businesses make decisions and determine strategy on pricing, operations, risk, investments and production. The overall role of managerial economics is to increase the efficiency of decision making in businesses to increase profit.
Broadly managerial economics MBA syllabus is divided into 5 unit and it is mentioned below. You can download the syllabus in managerial economics pdf form. Unit — I. Unit — II. Demand and Supply Analysis: Demand, Generalized Demand Function, The law of demand, Shift and movement along demand curve, Elasticity of demand: Price, Income and Cross Price elasticity of demand, Demand Estimation: Basic concepts , Supply, Generalized supply function, Supply functions, Shifts and movement in the supply curve, Supply elasticity, Market equilibrium, Changes in the market equilibrium, Changes in demand supply constant , Changes in supply demand constant.
Unit — III. Unit — IV. Managerial Decisions in Competitive Markets: Features of perfect competition, Profit maximization in the short run, Profit maximization in the long run, Managerial decisions for firms with market power, Measurement of market power: The Lerner Index, Determinants of the market power: Economies of scale, Barriers created by government, Profit maximization under monopoly: output and pricing decisions, Monopolistic competition: short run and long-run equilibrium, Pricing decision in an oligopoly: The Kinked Demand curve model.
Unit — V. Market Failures and Price Regulations: Market failures and need for regulation, Regulations and market structure, Firm behavior, Price regulation. The Applications of the economic analysis and concepts the problem of formulating a rational managerial decision. The candidates can download the PDF Link which was available in the table format given in the middle of the article.
The above mentioned are the important topics for the Managerial Economics Notes. Com Course as well. The students of B. Com Bachelor of Commerce can also refer to this. So, the students of MBA can easily download the links which were easy to make them download.
Because some books will popular by the Authors and some are by the Publisher. So, here we mentioned both. These are the related Managerial Economics that were available at Online Store.
You should upgrade or use an alternative browser. This eBook is highly recommended for MBA or management students as it contains all key topics in brief for a quick revision during exams.
Last edited by a moderator: Aug 4, Addymars Newbie. Hi, I'm failing to download this document. Admin Administrator Staff member. Points 58 Location Kanpur Student of M. Addymars said:.
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