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Introduction to
Managerial Economics: Nature, Scope.
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Cost Analysis, Different Types of Cost for Managerial use,
Cost function, Cost output relationship, Internal economics and
diseconomies, External economics
and diseconomies, Break-even Analysis.
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Demand Function:
Determinants of demands, Elasticities of demand, Demand Forecasting to Product Line Policy.
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Product Function:
Producer's Equilibrium.
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Market:
Different types of market, Equilibrium of firm under different markets, Price determination
under perfect competition, Imperfect competition, Oligopoly and Monopoly.
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Capital Budgeting
and Investment Decisions.
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Economic Fluctuations:
Effect of Business cycle on business decisions, Input-Output
Analysis.
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