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Student Name :VEDANT DILIP KONDEWAR (1062220516)

FY MBA DIV-
Academic Session:2022-2023 Semester Name:SEMESTER-I Course Year Name:
8(SEM)

Subject Name : Managerial Economics

Sr
Unit Topic Details
No

1 UNIT-I Ten principles of economics

Introduction, Basic Economic Problems, Linking economics with business
Nature & Objectives of the firm

2 UNIT- Elasticity of demand

II

Types and measurement of Demand elasticity and its application

Demand forecasting
Significance of demand forecasting

Methods of demand forecasting 

Demand and Supply- Determinants and Law, exceptions 2

Demand and Supply- Determinants and Law, exceptions 1

Demand and Supply- Determinants and Law, exceptions 3

3 UNIT- Cost-output relationships - Total, average and marginal costs 2

III
Cost-output relationships - Total, average and marginal costs 1
Concepts of Costs- Cost concepts –economic cost vs. accounting cost, opportunity
cost, explicit and implicit costs, Fixed and variable costs
Cost-output relationships - Total, average and marginal costs 3
Economies of Scale

Production Analysis: Short run and long run production functions

4 UNIT- Concept of market
IV
Perfect competition
Monopoly

Monopolistic competition 1
Monopolistic competition 2
Oligopoly 1
Oligopoly 2

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Sr
Unit Topic Details
No
5 UNIT- Working of Economy as a whole
V
Fiscal and Monetary Policy
Linear economy – Circular flow of economic activity
Revision 1
Circular Economy & Sustainability– Significance, Industry practices for Sustainability

Revision 2

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