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Lecture Managerial economics

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  • Lecture Managerial economics. After completing this section, you will understand knowledge about: basic economic concepts and decision making; production and cost analysis; market structure and pricing strategies; macro economics variables; aggregate demand and aggregate supply; macro economic policies; short run analysis of production function;...

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: How Is Managerial Economics Useful?; Theory of the Firm; Profit Measurement; Why Do Profits Vary among Firms?; Role of Business in Society; Structure of this Text.

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Economic Optimization Process; Revenue Relations; Cost Relations; Profit Relations; Incremental Concept in Economic Analysis.

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Basis for Demand; Market Demand Function; Demand Curve; Basis For Supply; Market Supply Function; Supply Curve; Market Equilibrium.

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Utility Theory; Indifference Curves; Budget Constraints; Individual Demand; Optimal Consumption; Demand Sensitivity Analysis: Elasticity; Price Elasticity of Demand; Price Elasticity and Marginal Revenue; Price Elasticity and Optimal Pricing Policy; Cross-price Elasticity of Demand; Income Elasticity of Demand.

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Interview and Experimental Methods; Simple Demand Curve Estimation; Simple Market Demand Curve Estimation; Identification Problem; Regression Analysis; Measuring Regression Model Significance; Measures of Individual Variable Significance.

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Forecasting Applications; Qualitative Analysis; Trend Analysis and Projection; Business Cycle; Exponential Smoothing; Econometric Forecasting; Judging Forecast Reliability; Choosing the Best Forecast Technique.

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Production Functions; Total, Marginal, and Average Product; Law of Diminishing Returns to a Factor; Input Combination Choice; Marginal Revenue Product and Optimal Employment; Optimal Combination of Multiple Inputs; Optimal Levels of Multiple Inputs; Returns to Scale; Productivity Measurement.

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Economic and Accounting Costs; Role of Time in Cost Analysis; Short-run Cost Curves; Long-run Cost Curves; Minimum Efficient Scale; Firm Size and Plant Size; Learning Curves; Economies of Scope; Cost-volume-profit Analysis.

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Basic Assumptions; Production Planning for a Single Product; Production Planning for Multiple Products; Graphic Specification and Solution; Algebraic Specification and Solution; Dual in Linear Programming; Dual Specification; Solving the Dual Problem.

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Competitive Environment; Factors That Shape the Competitive Environment; Competitive Market Characteristics; Profit Maximization in Competitive Markets; Marginal Cost and Firm Supply; Competitive Market Supply Curve; Competitive Market Equilibrium.

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Competitive Market Efficiency; Market Failure; Role for Government; Subsidy and Tax Policy; Tax Incidence and Burden; Price Controls; Business Profit Rates; Market Structure and Profit Rates; Competitive Market Strategy.

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Monopoly Market Characteristics; Profit Maximization in Monopoly Markets; Social Costs of Monopoly; Social Benefits of Monopoly; Monopoly Regulation; Monopsony; Antitrust Policy; Competitive Strategy in Monopoly Markets.

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Contrast Between Monopolistic Competition and Oligopoly; Monopolistic Competition; Monopolistic Competition Process; Oligopoly; Cartels and Collusion; Oligopoly Output-Setting Models; Oligopoly Price-Setting Models; Market Structure Measurement; Census Measures of Market Concentration.

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Game Theory Basics; Prisoner’s Dilemma; Nash Equilibrium; Infinitely Repeated Games; Finitely Repeated Games; Game Theory and Auction Strategy; Competitive Strategy; Pricing Strategies; Non-price Competition.

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Pricing Rules-of-thumb; Markup Pricing And Profit Maximization; Price Discrimination; Price Discrimination Example; Two-part Pricing; Multiple-product Pricing; Joint Products; Joint Product Pricing Example.

    pdf20p caphesuadathemtac 09-11-2021 8 0   Download

  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Concepts of Risk and Uncertainty; Probability Concepts; Standard Normal Concept; Utility Theory and Risk Analysis; Adjusting the Valuation Model for Risk; Decision Trees and Computer Simulation.

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Capital Budgeting Process; Steps in Capital Budgeting; Cash Flow Estimation Example; Capital Budgeting Decision Rules; Project Selection; Cost of Capital; Optimal Capital Budget.

    pdf15p caphesuadathemtac 09-11-2021 5 0   Download

  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Organization Structure; Transactions Costs and the Nature of Firms; The Firm’s Agency Problem; Organization Design; Decision Management and Control; Corporate Governance; Ownership Structure as a Corporate Governance Mechanism; Agreements and Alliances Among Firms; Legal and Ethical Environment.

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  • This chapter provides knowledge of demand estimation & forecasting. The contents of this chapter include all of the following: Externalities; Solving Externalities; Public Goods; Optimal Allocation of Social Resources; Benefit-Cost Concepts; Benefit-Cost Criteria; Additional Methods for Improving Public Management; Regulatory Reform in the New Millennium; Health-Care Reform.

    pdf19p caphesuadathemtac 09-11-2021 8 0   Download

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