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Department of Management Studies SML 780 managerial political economy (3 credits) Course Co-ordinator: Dr. Seema Sharma seemash@dms.iitd.ac.in The accusative of this course is to examine the principles of microeconomics, and illustrate how they apply to managerial decision-making. faculty I Introduction to managerial economics. Basic concepts, Demand synopsis, Determinants, estimation and managerial uses of elasticities of demand. Demand forecasting. Supply function and market equilibrium analysis. damage concepts; cost function; Break-Even Analysis; Equilibrium Analysis of starchy in an open economy. Module II Pricing and output downstairs different market situations: Perfect Competition, Monopolistic Competition, Oligopoly, Monopoly. Recent advances in Pricing theory and practices. Production analysis: Production function, productiveness Analysis, Total factor productivity, Partial input productivity, Technical efficacy analysis, Scale efficiency analysis. Module III National Income concepts, their interrelationships. Inflation analysis; (Indian) Monetary System and Banking Structure. Monetary policy analysis and its implications to industry. financial policy and its managerial implications. Business cycles and economic stabilisation. Balance of payments, convince Rate. Analysis of Economic Survey and Government Budget.

Evaluation Apart from the major exam at the end of the semester, students would be examined throughout the semester via modest exams, case assignments etc. The distribution of the marks would be as follows: major(ip) Exam35 Marks Minor Exam I 20 Marks Minor Exam II 20 Marks Class participation and assignments 10 Marks Term Project  15 Marks Suggested Readings   Salvatore D., Managerial Economics in a Global Economy, Thomson South-Western, Singapore 2003. Petersen H.C., W.C. Lewis, S.K. Jain, Managerial Economics, Pearson Education, New Delhi 2006. ... If you want to get a full essay, rig it on our website: Ordercustompaper.com

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