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Template Lesson:-3 (Unit-I) : V Managerial Economics
Template Lesson:-3 (Unit-I) : V Managerial Economics
Template Lesson:-3 (Unit-I) : V Managerial Economics
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Overview of Fundamental concepts used in Business decision
Lecture Opportunity cost and decision rule
(Key Concepts) Marginal principle and decision rule
Incremental Principle and decision rule
Objectives Application of these tools in practical life
(Specific Skills/
Information to be How will the above help in business
learned)
Pre Knowledge
required by student Find out a company which uses the above tools.
Pedagogy
(Supplement-Cases/ NA
Article/ PPT etc.)
Additional Reading
(Books / Any other) Refer book ‘Managerial Economics’ by PL Mehta.
Activity
(Class / Lab/ Practical) Discussion with the help of examples.
Assignment
(Class / Lab) Not Required
Date of Submission:____________
Learning Outcome At the end of this Lecture, student will be able to understand-
Above terms clearly
What Next?
(Proposed for Next
Class) Above topic continued-Contribution Analysis, Equi-marginal principle
Signature