Economic analysis for business
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Economic analysis for business SOLVED PAPERS AND GUESS
Product Details: anna university Economic analysis for business SOLVED PAPERS AND GUESS
Format: BOOK
Pub. Date: NEW EDITION APPLICABLE FOR Current EXAM
Publisher: MEHTA SOLUTIONS
Edition Description: 2021-22
RATING OF BOOK: EXCELLENT
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DBA 7103 Economic analysis for business
UNIT I INTRODUCTION - The themes of economics – scarcity and efficiency – three
fundamental economic problems – society’s capability – Production possibility frontiers
(PPF) – Productive efficiency Vs economic efficiency – economic growth & stability –
Micro economies and Macro economies – the role of markets and government – Positive
Vs negative externalities.
UNIT II CONSUMER AND PRODUCER BEHAVIOUR - Market – Demand and Supply –
Determinants – Market equilibrium – elasticity of demand and supply – consumer
behaviour – consumer equilibrium – Approaches to consumer behaviour – Production –
Short-run and long-run Production Function – Returns to scale – economies Vs
diseconomies of scale – Analysis of cost – Short-run and long-run cost function –
Relation between Production and cost function.
UNIT III PRODUCT AND FACTOR MARKET - Product market – perfect and imperfect
market – different market structures – Firm’s equilibrium and supply – Market
efficiency – Economic costs of imperfect competition – factor market – Land, Labour
and capital – Demand and supply – determination of factor price – Interaction of product
and factor market – General equilibrium and efficiency of competitive markets.
UNIT IV PERFORMANCE OF AN ECONOMY – MACRO ECONOMICS - Macro-economic aggregates – circular flow of macroeconomic activity – National income
determination – Aggregate demand and supply – Macroeconomic equilibrium –
Components of aggregate demand and national income – multiplier effect – Demand
side management – Fiscal policy in theory.
UNIT V AGGREGATE SUPPLY AND THE ROLE OF MONEY - Short-run and Long-run
supply curve – Unemployment and its impact – Okun’s law – Inflation and the impact –
reasons for inflation – Demand Vs Supply factors –Inflation Vs Unemployment tradeoff
– Phillips curve –short- run and long-run –Supply side Policy and management- Money
market- Demand and supply of money – money-market equilibrium and national income
– the rol e of monetary policy
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