HS 457 : Managerial Economics

Nature and scope of Managerial Decisions.  Objectives of firms.  Techniques of analyses with special reference to econometric method.

Analysis of demand pattern - demand forecasting.  Production function and production planning - cost and product relationships - cost function.  Break-even-point analysis.

Pricing and price related policies.  Labour productivities and wages.

Optimization problems.

Introductory aspects of capital budgeting.  Selected case studies under Indian conditions.


A.S. Goldberger, Topics in Regression Analysis, Macmillan, 1969.

W.W. Haynes, W.R. Henry, Managerial Economics - Analysis and Cases, Business Publications, Ind., Third Edition, 1974.

V.L. Mote, S. Paul, G.S.Gupta, Managerial Economics - Concepts and Cases, Tata McGraw-Hill Publishing Co. Ltd., 1977.

T.V.S.R. Rao, Econometric Analysis of Managerial Decisions, Oxford and IBH, 1978.

O.P. Chopra, Managerial Economics, Tata McGraw-Hill Publishing Co. Ltd., 1984.