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BUSINESS ECONOMICS

Mid Term Course Outline:


1. Introduction
2. Thinking like An Economist
3. Comparative Advantage
4. Demand and supply
5. Elasticity
6. Perfect Competitive Supply
7. Efficiency, Exchange and the Invisible Hand In Action
8. The Production function and Cost of Production
9. Market Structures and Competitive Markets
10. Monopoly, Oligopoly and Monopolistic Competition
Recommended Book: Robert H. Frank and Ben S. Bernanke (Principles of Economics)

MANAGERIAL ECONOMICS
Mid Term Course Outline:
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Nature & Scope of Managerial Economics


Economics Optimization
Demand & Supply
Demand Analysis
Demand Estimation & Forecasting

Recommended Book: Mark Hirschey (Managerial Economics)

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