MANAGERIAL ECONOMICS

Reasons to Study Managerial Economics in PGDM Programme

To seek answers for the following questions

(Q-1) Why have you not joined PGDM Programme at other B-schools?

(Q-2) Why many of you left jobs and join this Programme? The salary you have sacrificed is known as ..

(Q-3) What do you mean by market power?

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(Q-4) How price of a product is determined?

(Q-5) Why you want to pay less price for the purchase of additional quantity of the same product (especially normal product)?
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(Q-6) Why you want to pay high price while purchasing diamond/gold but no price/lower price for drinking water whose value is so much for life as compared to diamond/gold? Can you resolve this paradox?
(Q-7) Why the demand for two wheelers/four wheelers declines as steel/oil price increases?
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(Q-8) Why executive class air fare is more as compared to economy class? Why air fare is lower for flying in the night time as compared to day time?

(Q-9) Why banks used ATMs in stead of more teller counters?

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(Q-10) Suppose Coke raised price and increased advertisement. Assume that demand for cold drinks is relatively inelastic during summer. Would competitor Pepsi also raise its price?
(Q-11) When a firm is in break-even and when will it shut-down its operation?
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(Q-12) Should airline run catering service? Should bank sell insurance products?

(Q-13) Why the price of BlackBerry cell phone is much higher as compared to any ordinary cell phones?
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(Q-14) How to choose the best strategy of a firm in a price and non-price war competition? (Q-15) Why before setting up a firm the clearance from Environmental Commission & Pollution Board is required?
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