Uncertainty, Risk and Probability Analysis | Managerial Economics For BA MBA BBA B.Com M.Com Notes

Uncertainty, Risk and Probability Analysis | Managerial Economics For BA MBA BBA B.Com M.Com Notes | Risk V/s Uncertainty | Difference Between Risk and Uncertainty
this video is the 8th Lecture of Managerial Economics in which we will discuss Chapter - Uncertainty, Risk and Probability Analysis.
Topics Covered:
1. What is Uncertainty
2. Sources of Uncertainty
3. Determinants of Uncertainty
4. Theories of Uncertainty
5. What is Risk
6. Types of Risk | Insurable Risk | Non-Insurable Risk
7. Difference between Uncertainty and Risk
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I hope this video will help you understand the concept of Managerial Economics.
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