C. Learning Outcomes
After thorogh study of this branch of Economics,student would be able to :
1. Know the nature and scope of Managerial Economics.
2. Understand the main managerial economic tools and theories available for decision-making policies to stabilize and stimulate the economy.
3. Comprehend the different market structures and pricing practices available to and used by firms.
4. Critically assess and describe the environment and the main determinants of demand and competition facing the firm.
5. Use the tools of economic theory to explain optimal production and pricing decisions by the firm in each market structure.
6. Appraise some of the current and emerging issues in managerial economics at the national and international levels.
7. Understand the mechanism to point out the strategy of optimal decisions of manager of the firm