MBAE-103: Managerial Economics – Unit 10 Objectives: describe the concept of the pricing decisions under monopolistic competition in short run as well as long run; explain the concept of product differentiation with special reference to monopolistic competition; differentiate between monopolistic competition and oligopoly; and apply models of oligopoly behaviour to real world situations. Materials:The relevant … Read more
MBAE-103: Managerial Economics – Unit 9 Objectives: describe the characteristics of pure/perfect competition and pure monopoly; identify the equilibrium conditions for a firm and the industry in a perfectly competitive situation; examine price-output decisions under pure monopoly; and analyse the relevance of pure/perfect competition and pure monopoly. Materials:The relevant material is available here. Questions:
MBAE-103: Managerial Economics – Unit 8 Objectives: understand the concept of market structure and the impact it has on thecompetitive behaviour of the firms; classify different types of market structures; analyse the factors that influence the pricing decisions of a firm; and identify the barriers to entry of firms in the market. Materials:The relevant material … Read more
MBAE-103: Managerial Economics – Unit 7 Objectives: define the production; outline the contents of theory of production; explain the law of variable proportions; and explain the law of diminishing marginal returns. Materials:The relevant material is available here. Questions:
MBAE-103: Managerial Economics – Unit 6 Objectives: understand the concept of elasticity; define various kinds of elasticities; and apply the various measures of elasticity to real world situations. Materials:The relevant material is available here. Questions:
MBAE-103: Managerial Economics – Unit 5 Objectives: outline the shortcomings of Marshallian utility analysis of consumer’s demand behaviour; explain the concept of a scale of preferences; enumerate the properties of indifference curves; derive consumer’s demand curve from price consumption curve measure consumer’s surplus with the help of indifference curves; and explain the superiority of otherwise … Read more
MBAE-103: Managerial Economics – Unit 4 Objectives: explain the concept of utility; analyse and use cardinal utility approach for measurement of utility; distinguish between cardinal and ordinal utility approaches; and list the assumptions of consumer preferences. Materials:The relevant material is available here. Questions:
MBAQ-104: Quantitative Techniques – Unit 8 Objectives: appreciate problems involved in planning, scheduling and controlling of projects; list and discuss the special terms developed for this unit, namely activity, event, dummy activity, critical activity, slack, critical path and float; compute slack and float, and estimate the probability of completing a project by a certain target … Read more
MBAQ-104: Quantitative Techniques – Unit 7 Objectives: define a transportation problem; state the conditions for performing optimality test; and solve the transportation problems for special cases such as unbalanced transportation problem, case of degeneracy, case of alternative solutions, maximisation transportation problem, problems with prohibited routes. Materials:The relevant material is available here. Questions:
MBAQ-104: Quantitative Techniques – Unit 6 Objectives: formulate an assignment problem; determine the optimal solutions of assignment problems using the Hungarian method; and solve the travelling salesman problem as an assignment problem. Materials:The relevant material is available here. Questions: