Managerial Economics Syllabus (105) | M.Com (Previous Year DODL)

Dibrugarh University M.Com Previous Year Syllabus (DODL)
Subject: Managerial Economics
Course NO.COM-105
Marks-80

Block-I: Fundamentals and managerial Economics

Unit-I: objective, Introduction: concept of Management, economic and managerial Economic; Nature and scope of managerial Economic : Fundamental nature of managerial Economics, scope of Managerial Economic , Decisions and Economics;

Unit-II: Objectives of a firm: profit Maximization theory, Growth Maximization theory, Baumols’ sale or revenue Maximization theory –Static Model,

Unit-III: Economic: Role in Business decisions, Responsibilities of managerial Economic; Fundamental Economic concepts concept of scarcity, Incremental principle, opportunity costs, Discounting concept, equi-Marginal concept.

Block-2: Demand Analysis and Elasticity of Demand

Unit-I: objectives, Introduction, definition of Demand, Law of Demand, Demand Schedule and Demand curve, Individual Demand Determinants, Determinants of market Demand,

Unit-II: Demand Elasticity, Different types of elasticity of demand.

Block-3: Demand Estimation and Forecasting

Unit –I: Objectives, Introduction: Demand Forecasting –Meaning, scope of demand forecasting, steps involved in demand forecasting,

Unit-II: Demand Estimation: Demand Estimation for major consumer durable, demand Estimation for Non- durable consumer goods, Demand Estimation for capital (or producer) goods. Demand forecasting Techniques, criteria for the choice of a good forecasting method.

Block-4: price Determination and price Discrimination

Unit-I: objectives, Introduction: concept of price determination, price determination in practices, Method of price determination in practice. Competition oriented pricing, pricing ,pricing based on other Economic consideration ;pricing in large enterprise and small business; pricing of multiple product ;

Unit-II: Price discrimination : meaning of price discrimination, type of price discrimination, Degree of price discrimination, when price discrimination is possible, price discrimination is not possible under perfect competition, price discrimination and monopolistic competition; International price discrimination and dumping ;Transfer pricing

Block-5: Business cycle and Inflation

Unit-I: Business Cycle: Objectives, Introduction, meaning of Business Cycle, Features of Business Cycle, phases of Business Cycle-Recovery, prosperity, Recession and Depression, Factors responsible for Business Cycle. Evil effects of Business Cycle, General measures to control Business Cycle Monetary policy.