Week 1-2: Nature, Scope and Overview of Managerial Economics
The nature and scope of Managerial economics. The managerial decision making process. Theory of the firm. Profit maximization, cost minimization. Economic optimization. Economic relations of variables. The incremental concept in Economic analysis . Demand, supply and equilibrium
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Course Material
- Week 1-2: Nature, Scope and Overview of Managerial Economics
- Week 3-4: Demand Analysis, Estimation and Forecasting
- Week 5-6: Pricing Analysis and Decisions
- Week 7-8: Production and Cost Analysis
- Week 9: Mid Term Exam
- Week 10-11: Decision Making Under Risk and Uncertainty
- Week 12-13: Capital Budgeting and Investment
- Week 14-15: Public Sector Production and Pricing of Goods.
- Week 16-17: Managerial Theories and Models of the Firm
- Week 18: Final Exam
- Chapters 10
- Department Economic (SCB)
- Teacher
Mr. Najam ul Hassan Sial
