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Unit I
Introduction: Nature, Scope and Significance of Managerial Economics, its Relationship with other Disciplines, Role of Managerial Economics in Decision Making; Opportunity cost Principle, Incremental Concept, Cardinal and Ordinal Approaches to Consumer Behaviour: Equi- Marginal Principle, Law of Diminishing Marginal Utility, Indifference Curve Analysis.
As per the latest IPU syllabus — cross-check electives with your college.
Where can I download Managerial Economics (MS 105) notes for IPU?
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Which semester is Managerial Economics taught in for MBA?
Managerial Economics (MS 105) is a semester 1 subject in the IPU MBA Master of Business Administration (MBA) curriculum.
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