1. Introduction to Managerial (Business) Economics : Nature, Scope and Importance, 2. Business Economics and Business Decision-Making, 3. Basic Concepts : Scarcity, Opportunity Cost, Margin and Trade Offs 4. Micro and Macro Economics 5. Price System as an Economic Mechanism or Price Mechanism, 6. Demand and Supply Analysis, 7. Market Equilibrium, 8. Elasticity of Demand and its Applications, 9. Consumer’s Surplus and Producer’s Surplus , 10. Interference with Price Mechanism 11. Production Function and Laws of Variable
Proportions, 12. Production Iso-quants Curve, Production Optimization and Expansion Path, 13. Returns to Scale, 14. Theory of Production Costs and Learning Curve, 15. The Concept of Revenue , 16. Economies of Scale and Economies of Scope, 17. Cost Reduction Strategies 18. Goal of the Firm , 19. Perfect Competition : Concept, Characteristics and Price Determination, 20. Equilibrium of Firm and Industry under Perfect Competition, 21. Monopoly and Price Discrimination , 22, Monopolistic Competition, 23. Oligopoly and Duopoly, 24. Theories of Distribution 25. Rent 26. Interest, 27. Profit, 28. Economic Systems : Capitalism, Socialism and Mixed Economy.
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