Managerial Economics

Lesson Plan

Name of the Faculty :

Discipline : MBA

Semester : Ist Sem

Subject : ME (MB/103)

Lesson Plan Duration : (From July 2018 to Nov. 2018)

Work Load (Lecture / Practical) per week (In hours) : Lecture-04, Practicals-00

Week Theory
Lecture Day Topic

(Including Assignment Test)

1 1st Nature and scope of managerial economics
2nd objectives of business firms
3rd cardinal utility theory
4th indifference curve technique
2 1st the theory of consumer choice
2nd consumer surplus
3rd price effect combination of income effect and substitution effects
4th price effect combination of income effect and substitution effects
3 1st Assignment
2nd Test
3rd Law of demand
4th demand elasticises
4 1st demand estimation and forecasting
2nd Production Analysis
3rd  Law of variable proportions
4th laws of return to scale
5 1st Isoquants
2nd Optimal Combination of Inputs
3rd Assignment
4th Test
6

 

1st Theory of Cost:
2nd Traditional and Modern Theory of Cost in Short runs
3rd Traditional and Modern Theory of Cost in Long runs,
4th Economies and diseconomies of Scale
7 1st Revenue curves
2nd Market Structures:
3rd Price-Output decisions under Perfect Competition, Monopoly,
4th Price-Output decisions under Monopolistic Competition and Oligopoly;.
8 1st Shut down Point.
2nd Assignment
3rd Test
4th Determinants of Economic Development
9 1st Recent Developments in Indian Economy.
2nd Business cycles
3rd Inflation; types and control methods
4th Monetary policy
10 1st Fiscal policy
2nd Balance of payment of India;
3rd Trade deficit and remedies.
4th LPG and PPP in India
11 1st EXIM Policy
2nd FDI in India