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Managerial Economics; Management;
Nature and Scope of Managerial Economics | Micro Economics | Macro Economics;
Introduction to Managerial Economics- 00:00:09- 00:03:15
Scope of Managerial Economics - 00:03:16- 00:09:25
Why study Managerial Economics?
What is Managerial Economics?
Managerial decision areas
i) Assessment of Capital
ii) What to provide
iii) Determination of profitable output
iv) Determining what input output
v) Sales promotion
Division of Managerial Economics - 00:09:26- 00:11:31
Scope of Managerial Economics
i) Micro Economics
ii) Macro Economics
Micro Economics - 00:11:33- 00:21:34
Internal issues within business
Basic internal issues are:-
What to produce?
How much to produce?
Choice of technology
How to price the commodity?
How to promote sales?
How to face price competition?
How to decide on new investments?
How to manage profit and capital?
How to manage inventory?
Micro Economic Theories
1) Theory of Demand
Factors of Production- Land
Labour
Capital
Entrepreneur
2) Pricing Theory
3) Profit Analysis and Profit Management
4) Theory of Capital and Investment Decisions
Macro Economics - 00:21:35- 00:27:48
Introduction about Macro Economics
Macro Economic Issues
Issues related to macro economics trends in the economy
Issues related to Foreign Trade
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