This lecture note covers the
following topics: Modern Economics and Mathematics, Individual Decision
Making, Consumer Theory, Production Theory, Choice Under Uncertainty,
Strategic Behavior and Markets, Game Theory, Theory of the Market, General
Equilibrium Theory and Social Welfare, Normative Theory of Equilibrium: Its
Welfare Properties, Economic Core, Fair Allocations, and Social Choice
Theory, Externalities and Public Goods, Information, Incentives, Mechanism
Design, and Contract Theory.
Managerial economics, as the name itself implies, is an
offshoot of two distinct disciplines: Economics and Management. In other words,
it is necessary to understand what these disciplines are, at least in brief, to
understand the nature and scope of managerial economics.This PDF covers the
following topics related to Managerial Economics : Introduction to Managerial
Economics, Theory of Demand, Production Analysis, Cost Theory and Estimation,
Market Structure and Pricing Practices.
Author(s): Ms. Swathi, Assistant Professor, Institute of
Aeronautical Engineering
This note describes the following topics: Economic Motives, Wealth
And Welfare, The Nature Of Demand, Exchange In A Market, Psychic Income, The
Law Of Diminishing Returns, The Theory Of Rent, Repair, Depreciation, And
Destruction Of Wealth, Capitalization And Time-value, The Money Economy And
The Concept Of Capital, Interest On Money Loans, The Value Of Human
Services.