The demand supply gap is reformed by the government
MANAGERIAL ECONOMICS
CASE – 1 Power for All: Myth or Reality?
Q1 What are the factors responsible for this excess demand for electricity?
Q2 The demand supply gap is reformed by the government intervention. Explain this phenomenon by a demand supply model.
Q3 What do you think will happen to the price of electricity?
Case2: Pricing Game by a Game Marketer
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Do you think games in this case present an exception to law of demand or not? Give logic in support of your answer.
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On basis of the case can it be concluded that demand for games was not elastic to price rather some other variables were important? If yes then identify the other variables.
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The case presents an interesting dimension to consumers’ behavior. Discuss.
Case 3: Outsourcing to India: Way to Fast Track
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As money costs will decrease due to decision to outsource human resource, some real costs and opportunity costs may surface. What could these be?
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Elaborate the external and internal economies of scale as occurring to Contract Counsel.
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Can you see some possibility of economies of scope from the information given in the case? Discuss.
Case 4: Indian Stock Market: Does it Explain Perfect Competition?
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Is stock market a good example of perfect competition? Discuss.
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Identify the characteristics of perfect competition in the stock market setting
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Can you find some basic aspect of perfect competition which is essentially absent in stock market?
Case 5: Is it possible to monopolies in the modern network age? A case of Microsoft
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Is Microsoft a good example of deadweight loss to its economy?
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Do you agree with Jackson or not?
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Study the recent industry trends and build your own logic on the probable monopoly power of Microsoft at present.
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