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Managerial Economics
Managerial Economics
1. Economics
Choice
Scarcity
PPC (Production Possibility Curve)
Discounting
Managerial Economics Nature Scope
2. Demand
Supply
Equilibrium
Demand Estimation
3. Costs
Money, Real, Total, Average, Marginal, Opportunity, Fixed, Variable, Sunk, Explicit, Implicit,
Why cost curve are U shape
Economic scale
9. Oligopoly
10. Profit maximization, Hypothesis & Alternatives,
Functions of profit
Distinguish between Economic Profit and Accounting Profit
Pricing Strategy
Trade Cycle Ups and Downs in level of economics
Break Even Point.