Managerial Economics

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Issue:

Book Reports

 

Written by:

Allen W

 

Date added:

February 2, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 654

 

Was viewed:

4925 times

 

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Essay content:

Also wherever possible, students are expected to study, analyses and interpret empirical evidence and case studies available currently on various basic concepts. 1. Definition, Nature and Scope of Managerial Economics, Managerial Economics and Microeconomic and Macroeconomics. Managerial Economics and decision-making...
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Managerial Economics and decision-making. Definitions of basic concepts: a. Positive and normative approach b. Optimization c. Marginal analysis d. Opportunity Cost. e. Economic Model. f. Statics and Dynamics. (8) 2. Meaning and determinants of demand. Demand Function. Law of Demand, Market Demand, Elasticity of demand...
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