FULLY SOLVED BOOK LASY 5 YEARS PAPERS SOLVED PLUS GUESS
1.3: MANAGERIAL ECONOMICS UNIT-IManagerial Economics – Meaning, Nature and Scope – Managerial Economics and Business Decision Making – Role of Managerial Economist – Fundamental Concepts of Managerial Economics.Demand Analysis – Meaning, Determinants and Types of Demand – Elasticity of Demand. UNIT-IISupply Meaning and Determinants – Production Decisions – Production Functions – Isoquants, Expansion path – Cobb-Douglas Function, Cost Concepts – Cost – Output Relationship – Economies and Diseconomies of Scale – Cost Functions. UNIT-IIIMarket Structure – Characteristics – Pricing and Output Decisions – Methods of Pricing – Differential Pricing – Government Intervention and Pricing. UNIT-IVProfit – Meaning and Nature – Profit Policies – Profit Planning and Forecasting – Cost Volume Profit Analysis – Investment Analysis. UNIT-VNational Income - Business Cycle – Inflation and Deflation – Balance of Payments – Monetary and Fiscal Policies.
