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Managerial Economics
Essay specific features
Written by:
Allen W
Date added:
February 2, 2017
Level:
University
Grade:
A
No of pages / words:
3 / 654
Was viewed:
4973 times
Rating of current essay:
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...
displayed 300 characters
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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...
displayed 300 characters
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