BUSINESS ECONOMICS
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BUSINESS ECONOMICS SOLVED PAPERS AND GUESS
Product Details: GITAM University BUSINESS ECONOMICS
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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If you find yourself getting fed up and frustrated with other GITAM University book solutions now mehta solutions brings top solutions for GITAM University BUSINESS ECONOMICS contains previous year solved papers plus faculty important questions and answers specially for GITAM University .questions and answers are specially design specially for GITAM University students .
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BUSINESS ECONOMICS
UNIT-I:Economics - Introduction, Managerial Economics scope, importance of Managerial Economics.
UNIT-II: Demand and Supply Analysis: Demand, meaning, determinants, Law of Demand, demand schedule, supply - meaning, determinants of supply, determination of equilibrium using demand and supply, elasticity of demand, types of elasticity, demand forecasting, Methods of demand forecasting.
UNIT-III: Production and Cost Analysis: Production - meaning, production function, one variable production function (Short Run), Isoquants (Long Run),Cost concepts, economic costs, deriving cost curves, short run cost functions, long run cost functions, economies of scale.
UNIT-IV: Market Structure - Basis for classification of market power, kinds of competitive market, price and output decisions in perfect competition and imperfect market, Monopoly, Monopolistic, Oligopoly market- Market Failures and Externalities.
UNIT-V: Macroeconomics- National Income-Concepts of national income, methods of calculating national income- Monetary Policy- Fiscal Policy- Inflation-causes-demand pull and cost push inflation, measures to control inflation, business cycles -phases of business cycles and measures to control business cycles.
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