Managerial Economics
Course Objective
To develop an analytical mindset and strategic understanding of economic principles that influence firm-level and country-level decision-making in real-time business scenarios.
Learning Outcomes
- Analyse economic factors in business decisions
- Forecast market and macroeconomic trends
- Adapt to changing global and national economic environments
Managerial Economics Syllabus T30
Session No. | Topics | Tool/Reading/Activity | Skill Focus |
---|---|---|---|
1 | Intro to Managerial Economics | Course Slides | Economic Orientation |
2 | Demand & Supply Analysis | Demand-Supply Simulations | Market Understanding |
3 | Elasticity & Revenue | Elasticity Worksheets | Price Sensitivity |
4 | Cost Concepts | Cost Curve Graphs | Production Decisions |
5 | Market Structures | Competition Analysis | Strategic Competition |
6 | Game Theory Basics | Payoff Matrix Lab | Strategic Interaction |
7 | Pricing Strategies | Real-World Case Studies | Revenue Management |
8 | Government Interventions | GST / Subsidy Case Analysis | Policy Sensitivity |
9 | GDP and National Income | India GDP Explorer | Macro Data Interpretation |
10 | Inflation and Deflation | CPI, WPI Index Discussion | Price Stability Analysis |
11 | Unemployment & Labor Markets | CMIE & EPFO Reports | Labor Market Understanding |
12 | Monetary Policy | RBI Policy Tracker | Interest Rate Analysis |
13 | Fiscal Policy | Union Budget Analysis | Public Finance |
14 | Balance of Payments | Import/Export Graphs | External Sector Analysis |
15 | Exchange Rate Mechanisms | Forex Case Study | Currency Risk Analysis |
16 | Business Cycles | Recession-Expansion Simulation | Economic Cycle Awareness |
17 | Economic Forecasting | IMF / World Bank Reports | Macro Forecasting |
18 | India vs Global Economies | Comparative Economic Indices | Geo-Economic Awareness |
19 | Final Project Briefing | Case Brief | Strategic Framing |
20 | Final Presentations | Project Report & Deck | Policy Recommendations |
Textbook & Resources
- Managerial Economics – D.N. Dwivedi
- Principles of Economics – N. Gregory Mankiw
- Tools: Economic Times, CMIE, IMF, RBI reports