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MBA - I Semester Paper Code: MBAC 1002

1 MBA - I Semester Paper code : MBAC 1002 managerial Economics Objectives To introduce the economic concepts To familiarize with the students the importance of economic approaches in managerial decision making To understand the applications of economic theories in business decisions Unit I General Foundations of managerial Economics - economic Approach - Circular Flow of Activity - Nature of the Firm - Objectives of Firms - Demand Analysis and Estimation - Individual, Market and Firm demand - Determinants of demand - Elasticity measures and Business Decision Making - Demand Forecasting.

1 MBA - I Semester Paper Code: MBAC 1002 Managerial Economics Objectives Ֆ To introduce the economic concepts Ֆ To familiarize with the students the importance of economic approaches in managerial decision making To understand the

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