PARUL – MBA – Managerial Economics
Managerial Economics
1 Explain Definition, Nature and Scope, Importance and Significance of Managerial Economics. This subject involves understanding the definition, nature, and scope of economic principles.
2 Explain Demand Curve? Discuss Movement in the Demand Curve and Exceptions to the Law of Demand
3 Explain Indifference Curve Approach? Discuss properties of IC Curve and elaborate Consumer Surplus with appropriate diagram.
4 Analyze Production Functions? Discuss Law of diminishing marginal utility, elaborate Marginal Rate of Technical Substitution with diagram.
5 Expain Perfect market competition and monopoly market equibrilum in short run and long run.
6 Explain Following
1. Types, causes and measurement of inflation,
2. Trade Cycles Causes,
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