Professional Documents
Culture Documents
Short Run Costs of Production, Fixed and Variable Costs, Short Run Total, Average andMarginal Cost and
Relationship between them, Short Run Cost Curves, Relationshipbetween AVC, MC, AP and MP; Long run cost
3 curves, Relationship between LAC andSAC, Economies of Scale and Scope.
Price and output decision under different market structure – Monopoly, Monopolistic
Competition, Oligopoly – cartel, price leadership.
Pricing Decisions [4 L]
Price Discrimination under Monopoly, Transfer Pricing.
6
Market Failure
Game theory &Asymmetric information
Reference Books:
Damodaran, Suma – Managerial Economics – Oxford University Press
Lipsey & Chrystal – Economics – Oxford University Press
Peterson & Lewis – Managerial Economics – Pearson Education.
Pindyck and Rubenfeld - Micro Economics – Pearson Education
H.L. Ahuza- Managerial Economics, S. Chand
D.N. Dwivedi- Managerial Economics, Prentice Hall.