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Managerial Economics

By Prof. Trupti Mishra   |   IIT Bombay
Learners enrolled: 643
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.
Summary
Course Status : Upcoming
Course Type : Core
Duration : 12 weeks
Start Date : 26 Jul 2021
End Date : 15 Oct 2021
Exam Date : 23 Oct 2021
Enrollment Ends : 02 Aug 2021
Category :
  • Management Studies
  • Managerial Economics
Credit Points : 3
Level : Undergraduate/Postgraduate



Course layout

Week 1:Introduction to Managerial Economics
Week 2:Theory of Demand
Week 3: Theory of Consumer Behaviour
Week 4:Elasticity and Demand Forecasting
Week 5:Production Analysis
Week 6:Cost Analysis
Week 7: Theory of Market – Perfect Competition
Week 8:Theory of Market – Monopoly and Monopolistic Competition
Week 9:Theory of Market – Oligopoly
Week 10:Theory of Market – Oligopoly and Game theory
Week 11: Theory of Market – Oligopoly and Game theory
Week 12:Product Pricing and Course Summary

Books and references

Managerial Economics by Christopher Thomas , S. Charles Maurice

Instructor bio

Prof. Trupti Mishra

IIT Bombay
Prof Trupti Mishra, is an Associate Professor in School of management at IIT Bombay. Her main research interests are on Economics of Pollution and Climate change, focusing on Corporate environmental performance, evaluation of climate change mitigation and adaptation in sector and community level. She has over 10 years of experience in environmental impact assessment, socio economic assessment and econometrics modelling focusing on environment and climate change issues. Her teaching interest includes Micro economics, Infrastructure development and financing, Business and sustainable development and Policy responses to climate changes. She has published her papers in reputed journal like Energy policy, Climatic change and Climate and development.

Course certificate

The course is free to enroll and learn from. But if you want a certificate, you have to register and write the proctored exam conducted by us in person at any of the designated exam centres.
The exam is optional for a fee of Rs 1000/- (Rupees one thousand only).
Date and Time of Exams: 23 October 2021 Morning session 9am to 12 noon; Afternoon Session 2pm to 5pm.
Registration url: Announcements will be made when the registration form is open for registrations.
The online registration form has to be filled and the certification exam fee needs to be paid. More details will be made available when the exam registration form is published. If there are any changes, it will be mentioned then.
Please check the form for more details on the cities where the exams will be held, the conditions you agree to when you fill the form etc.

CRITERIA TO GET A CERTIFICATE

Average assignment score = 25% of average of best 8 assignments out of the total 12 assignments given in the course.
Exam score = 75% of the proctored certification exam score out of 100

Final score = Average assignment score + Exam score

YOU WILL BE ELIGIBLE FOR A CERTIFICATE ONLY IF AVERAGE ASSIGNMENT SCORE >=10/25 AND EXAM SCORE >= 30/75. If one of the 2 criteria is not met, you will not get the certificate even if the Final score >= 40/100.

Certificate will have your name, photograph and the score in the final exam with the breakup.It will have the logos of NPTEL and IIT Bombay.It will be e-verifiable at nptel.ac.in/noc.

Only the e-certificate will be made available. Hard copies will not be dispatched.

Once again, thanks for your interest in our online courses and certification. Happy learning.

- NPTEL team


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