UC B.com Study notes | B.com Managerial economics study notes | B.com Managerial economics Short notes | Calicut University First Semester B.com Managerial Economics Study notes.
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| Managerial economics study notes |
Calicut University first semester B.com Managerial economics exam point syllabus:-
Module 1
Managerial Economics:- – Definition and characteristics – Nature and Scope – Economics Vs Managerial Economics – Decision making and forward planning – Relationship of managerial economics with other disciplines – Basic economic tools in management economics – The
role of a managerial economist.
Module 2
Theory of consumer behaviour: – Cardinal analysis – Law of diminishing marginal utility –consumer surplus; Ordinal approach – indifference curve analysis – consumer equilibrium –income consumption curve and price consumption curve – Hicksian decomposition of price effect in to substitution effect and income effect – Demand curve for normal, inferior and giften goods – concept of elasticity of demand – measurement of various elasticities – Elasticity of supply.
Module 3
Market structure:-Perfect competition, Monopoly, Monopolistic competition, Oligopoly.
Module 4
An overview of Indian economy – Indian economy since 1991 – Basic characteristics of Indian economy – Factors that led to the opening up of Indian economy – Indian economy under WTO regime – Issues in Indian economy: Problems of growth, unemployment, poverty, inequality in income distribution, inflation – The role of parallel economy – The role of Government in a market economy.
Module 5
Structure and direction of India‘s foreign trade and India‘s trade regulation and promotion -Exchange rate policy – Intellectual Property Rights – Foreign capital and MNCs in India, Trade reforms – An overview of Kerala economy – Trade and commerce in Kerala – Industrial development of the state – the role of small scale industries in Kerala economy.
