This course will introduce the students to different concepts, theories, tools and schools of thoughts in economics and their application on business decision/research problem.
All functional areas of management derive their basic principles and concepts from economics. The objective of this course is to acquaint students with basic tools and concepts of micro economic analysis and their application to managerial decision making. This course will enable students to analyze firm-level economic problems and to take informed and optimal decisions subject to various constraints and objectives.
INTENDED AUDIENCE : Engineering, Social Sciences, Commerce and Management
PREREQUISITES : None
INDUSTRIES SUPPORT : For many companies- this would be a good course for entry level professional for basic understanding of different function of companies.