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Managerial Economics (Total 5 Topics left)

Unit-1 Nature and Scope of Managerial Economics What is Economics? (Ref: Page-5 Page-7, Fundamental of business economics, Dr. D.M.Mithani and G.k.Murthy, PEB-006, 16/e-2007) The scope of economics: (Ref: Page-13 Page-14, Fundamental of business economics, Dr. D.M.Mithani and G.k.Murthy, PEB-006, 16/e-2007) The basic problems of an economy: (Ref: Page-12 Page-14, Business economics, Dr. D.M.Mithani and Anjali Sane, PEB-051, 1/e-2009) 1. Meaning and Nature of Managerial Economics: 2. How economics contributes to managerial functions 3. Major areas of economics applied to business decisions 4. The scope of managerial economics 5. Some basic concepts used in business decisions All (1-5) (Ref: Page-2 Page-36, managerial economics, Dr. D.M.Mithani, PEB-054, E-2011) Unit-2 The fundamental laws of markets: The laws of demand and supply (Ref: Page-76 Page-104, managerial economics, Dr. D.M.Mithani, PEB-054, E-2011) And: (Ref: Page-261 Page-266, managerial economics, Dr. D.M.Mithani, PEB-054, E-2011) Unit-3 Elasticity of Demand and supply (Ref: Page-155 Page-184, managerial economics, Dr. D.M.Mithani, PEB-054, E-2011) And: (Ref: Page-266 Page-269, managerial economics, Dr. D.M.Mithani, PEB-054, E-2011) Unit-4 Theory of consumer demand: Cardinal and ordinal utility approach (Ref: Page-112 Page-151, managerial economics, Dr. D.M.Mithani, PEB-054, E-2011) Unit-5 Demand Forecasting (Ref: Page-207 Page-230, managerial economics, Dr. D.M.Mithani, PEB-054, E-2011) Unit-6 Theory of Production (Ref: Page-231 Page-260, managerial economics, Dr. D.M.Mithani, PEB-054, E-2011) Unit-7 Theory of Cost (Ref: Page-271 Page-302, managerial economics, Dr. D.M.Mithani, PEB-054, E-2011)

Unit-8 Objectives of Business Firms (Ref: Page-364 Page-370, managerial economics, Dr. D.M.Mithani, PEB-054, E-2011) Unit-9 Market structure and price determination (Ref: Page-227 Page-313, Fundamental of business economics, Dr. D.M.Mithani and G.k.Murthy, PEB-006, 16/e-2007) Game theory approach to Oligopoly (Ref: Page-485 Page-488, managerial economics, Dr. D.M.Mithani, PEB-054, E-2011) Unit-10 Pricing Strategies and Practices (Ref: Page-489 Page-505, managerial economics, Dr. D.M.Mithani, PEB-054, E-2011) Unit-11 The circular flow model of the economy Circular flows in a Simple economic model.Left Circular flows of Goods and money in a Three-Sector economy.Left Circular flows in a Four-Sector Model: A Model with Foreign SectorLeft Unit-12 National Income: Concept and measurement (Ref: Page-373 Page-387, money, banking, International trade and public finance, Dr. D.M.Mithani, PEM-024, E-2010) Unit-13 Theory of National Income determination (Ref: Page-384 Page-386, money, banking, International trade and public finance, Dr. D.M.Mithani, PEM-024, E-2010) Add: (Ref: Page-419 Page-463, money, banking, International trade and public finance, Dr. D.M.Mithani, PEM-024, E-2010) Unit-14 Income determination with Government and foreign trade Income determination model with Government: Two Three-Sector Model.Left Income determination with foreign trade: The Four-Sector Model..Left