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Can you provide me the syllabus of Master of Commerce (M Com) - 1st Semester Managerial Economics – subject offered by Sant Gadge Baba Amravati University?

[vikash]

The syllabus of Master of Commerce (M Com) - 1st Semester Managerial Economics – subject offered by Sant Gadge Baba Amravati University is as follows:

M.COM. Part-I, Examination
SEMESTER-I
MANAGERIAL ECONOMICS
UNIT-I:
Nature & scope of Managerial Economics: Concepts of Managerial Economics. Economic theory & Managerial theory Role & responsibilities of Managerial Economists Fundamental Principles- Opportunity cost principle, Equi marginal principle

UNIT-II:
Demand Analysis: Individual & market, Law of demand. Elasticity of demand its meaning and importance Price elasticity, Income elasticity & Cross elasticity Using elasticity in Manegerial decisions. Theory of consumer choice: Indifference approach-theory of consumer choice under risk. Demand estimation &forecasting

UNIT-III:
Production Theory: Production function. Production with one and two variable inputs Economics and dis-economics of scale Short & Long run cost functions. Law of variable proportions Law of supply, supply, cost and managerial dicisions

UNIT-IV:
Price determination & pricing practices Characteristics of different market structures, Objectives of firm Price determination in short-run and long run under perfect competition Monopolistic competition, oligopoly and monopoly Price-discrimination

UNIT-V:
Business cycles: Nature and phases of business cycle. Theories of business cycles Monetary innovation. Samuelson and Hicks theories Inflation: Characteristics and types. Inflation in terms of demand pull and cost push factors. Effects of Inflation

REFERENCE BOOKS:
1. Chopra O.P: Managerial Economics: Tata McGraw Hill, Delhi.
2. Petersen, H.Craig and W.Cris Lewis: Managerial Economics, Prentice Hall, Delhi.
3. Varshney R.L and Maheshwari K.L: Managerial Economics Sultan Chand and Sons, New Delhi
4. Dwivedi D.N: Managerial Economics, Vikas Publishing House, New Delhi.
5. Adhikary M: Managerial Economics, Excel Books, New Delhi.
6. Mehta P.C: Managerial Economics, Sultan Chand and Sons, New Delhi.
7. Baumol W.J.: Economic Theory and operations Analysis, Prentice hall of India Pvt. Ltd. New Delhi.
8. Dwivedi K.K: Modern Economic Theory