Week 3 Theory of Firm
Definition of Firm; Functions of the Firm; Theory of the firm: Reasons and Objective of the firm; Criticism of the thoery of the firm; Economic Profit vs Business Profit; Thoeries of Profit;
Course Material
- Week 1 & 2 Nature of Scope of Managerial Economics
- Week 3 Theory of Firm
- Week 4 & 5 Demand, Supply and Market Equilibrium
- Week 6 & 7 Optimization
- Week 8 Demand Estimation
- Week 9 Demand Estimation (Continued)
- Week 10 Demand Forecasting
- Week 11 Production Theory
- Week 12 Production Theory (Continued)
- Week 13 Cost Theory
- Week 14 Revenue concepts and Market Structure
- Week 15 Market Structure; Equilibrium Price and Output Decision
- Week 16 Pricing Strategies
- Chapters 13
- Department Business Administration
- Teacher
Mr. Ahmad Saeed
