Managerial Economics - meaning, nature and scope - Managerial Economics and business decision making - Role of Managerial Economist - Fundamental concepts of Managerial Economics- Demand Analysis - meaning, determinants and types of demand - Elasticity of demand.

Supply meaning and determinants - production decisions - production functions - Isoquants,

Market structure - characteristics - Pricing and output decisions - methods of pricing - differential pricing - Government intervention and pricing

Profit - Meaning and nature - Profit policies - Profit planning and forecasting - Cost volume profit analysis - Investment analysis.

National Income - Business cycle - inflation and deflation - balance of payments – Monetary and Fiscal Policies