Managerial Economics SOLVED PAPERS AND GUESS
Product Details: Managerial Economics SOLVED PAPERS AND GUESS
Format: BOOK
Pub. Date: NEW EDITION APPLICABLE FOR Current EXAM
Publisher: MEHTA SOLUTIONS
Edition Description: 2016-17
RATING OF BOOK: EXCELLENT
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FROM THE PUBLISHER
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Unit I: Managerial Economics: Meaning, Nature, and Scope of Managerial Economics – Relationship between Managerial Economics and other disciplines – Role and Responsibilities of Managerial Economist – Approach of Managerial Decision Making – The Theory of Firm. Demand Analysis: Meaning, Determinants and types of demand – Demand distinctions – Elasticity of demand – Demand Forecasting – Methods of demand forecasting.
Unit II: Cost Analysis: Cost concepts, Classifications and determinants – Cost output relationship – Break even analysis – Production function – Supply analysis.
Unit III: Pricing and output decisions under different market structures. Pricing policies & Practices: Pricing objectives – Pricing methods.
Unit IV: Capital management – Business cycles: Phase, causes and effects – Inflation and Deflation: Types, causes and effects – International Trade: Balance of Trade and Balance of Payments.
Unit V: National Income: Definition – Concepts of National Income – Methods of calculating National Income – Consumption – Savings – Investment