Managerial Economics (Analysis of Managerial Decision Making), 9th Edition

Widely acknowledged, this popular and detailed text is a comprehensive treatise on Managerial Economics - both micro and macro-economic aspects. This text ensures a thorough understanding of core concepts before advancing to provide an expanded treatment of topics. It explains the economic environment and the impact on managerial decisions regarding price & output determination in different market structures followed by an account of the behaviour of individuals under conditions of uncertainty.,Recent data of Balance of PaymentsUp-to-date explanation of the changes in GDS and GDCF and valued added method to measure national income in India by CSOContemporary discussion on the role of Government borrowing for financing economic development and the concept of fiscal deficit, Part-I: Managerial Economics: Nature, Scope and Optimisation TechniquesThe Nature and Scope of Managerial EconomicsBasic Model of the Firm and Role of ProfitsOptimisation: Concepts and TechniquesMarginal and Incremental Analysis Part-II: Demand Analysis and Theory of Consumers ChoiceDemand and Demand FunctionElasticity of DemandConsumers Behaviour: Cardinal Utility AnalysisIndifference Curve Analysis of DemandRevealed Preference Theory of DemandDemand EstimationDemand Forecasting Part-III: Theory of Production and Cost AnalysisThe Theory of Production: Returns to a Variable FactorProduction Function with Two Variable InputsOptimum Input CombinationCost AnalysisBreak-Even Analysis (Cost-Volume Profit Analysis)Linear ProgrammingSupply and its Elasticity Part-IV: Pricing and Output Decisions in Various Market StructuresMarket Structures and Price and Output Determination Under Perfect CompetitionPricing and Output Decisions under MonopolyPricing and Output Decisions under Monopolistic CompetitionPrice and Output Determination under OligopolyNon-Price Competition: Advertising ExpenditureGovernment Policies Towards Monopoly and Competition Part-V: Pricing Practices and Strategies, Managerial and Behavioural Models of The FirmCost-Plus (or Mark-up) PricingPrice DiscriminationPricing of Multiple ProductsTransfer PricingPricing in Non-Profit Enterprises, Ramsey Pricing and Peak-Load PricingSales Maximisation Model of Oligopoly FirmManagerial Theories of the Firm: Marris and Williamsons ModelsBehavioural Model of the Firm (Satisficing Theory of the Firm)Theory of Games and Strategic Behaviour Part-VI: Capital Budgeting and Decision Making Under Risk and UncertaintyCapital Budgeting: Long-term Investment AnalysisCost of CapitalDecision Making Under Risk and UncertaintyDecision Making Under Risk and Uncertainty (Continued) Part-VII: Macroeconomics for ManagementMacroeconomics: Issues and ConceptsMacroeconomic Aggregates: Aggregate Consumption, Gross Domestic Saving and Capital FormationNational Income Aggregates (GDP & GNP) and their MeasurementDetermination of National Income: Keyness Two Sector Basic ModelDetermination of National Income with Government and Foreign Trade: Three Sector and Four Sector ModelsConsumption and Investment DemandMoney Supply, Money Demand and Money Market EquilibriumThe IS-LM Curve Model (Synthesis of Monetary and Real Factors)Aggregate Demand and Aggregate Supply: Flexible Price ModelInternational Economic Linkages and Mundell-Fleming ModelInflation: Nature and CausesAnalysis of Business CyclesEconomic Stabilisation: Fiscal PolicyEconomic Stabilisation: Monetary PolicyMonetary Policy and Economic Growth with Special Reference to IndiaRole of Fiscal Policy in Economic Development: TaxationRole of Fiscal Policy: Government Borrowing for Financing Development