Test

In: Other Topics

Submitted By ritstar
Words 2234
Pages 9
Post Graduate Program in Management (PGPM) Faculty Name | Prof. S.K. Shanthi | Year/Term | 2014-15/Term-1 | Course Name | Micro-economics | No. of Credits | 3 | No of Contact Hours | 20 | Session Duration | 90 Min. |

About the Instructor: Prof. S.K. Shanthi shanthi.sk@greatlakes.edu.in

Course Objectives and Key Take Aways This course is designed to introduce students to basic microeconomic theory at a relatively rapid pace. The focus will be on fundamental economic principles that can be used by managers to think about business problems, including those inside the firm (relating to the problem of administering the firm’s resources in the most cost-effective way) and those outside the firm (relating to broader market and government forces that can affect the behavior of firms). In particular, it addresses how businesses make choices concerning the use of scarce resources, how prices and incomes are determined in competitive markets, and how market power affects the prices and quantities of goods available to society. We will also examine the impact of government intervention in the economy. At the end of the course the student should be able to:

1. Explain price and output changes in markets using supply and demand.
2. Analyse the usefulness of the concept of elasticity of demand in pricing, market segmentation decisions.
3. Find the profit maximizing level of various firm activities using marginal analysis.
4. Demonstrate how competitive industries respond in the short run and long run to demand and supply shocks.
5. Demonstrate how an unregulated monopolist sets price and output. Discuss the importance of government regulation in markets with monopolypower.
6. Discuss the firm level decision making regarding price and output while operating in different market structures.

Learning Goals In…...

Similar Documents

Test

...Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test......

Words: 320 - Pages: 2

Test

...test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test......

Words: 560 - Pages: 3

Test

...test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test vvtest test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test vvtest test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test......

Words: 50401 - Pages: 202

Test

...Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Te......

Words: 8379 - Pages: 34

Test

...Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test...

Words: 10602 - Pages: 43

Test

...Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test Test test test......

Words: 288 - Pages: 2

Test

...Test......

Words: 323 - Pages: 2

Test

...test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test......

Words: 488 - Pages: 2

Test

...Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test ......

Words: 467 - Pages: 2

Test

...This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file. This is a test file....

Words: 336 - Pages: 2

Test

...Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test Test test test test test...

Words: 300 - Pages: 2

Test

... Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden. Ik test dit met 250 woorden....

Words: 290 - Pages: 2

Test

...Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test......

Words: 301 - Pages: 2

Test

...test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test......

Words: 608 - Pages: 3

Test

...test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test test......

Words: 2025 - Pages: 9