Managerial Economics and Financial Accounting 

Syllabus

3CAI1-03/ 4CAI1-03: Managerial Economics and Financial

Unit 1

Basic economic concepts

Meaning, nature and scope of economics, deductive vs inductive methods, static and dynamics, Economic problems: scarcity and choice, circular flow of economic activity, national income-concepts and measurement.

Unit 2

Demand and Supply analysis

Demand-types of demand, determinants of demand, demand function, elasticity of demand, demand forecasting –purpose, determinants and methods, Supply-determinants of supply, supply function, elasticity of supply.

Unit 3

Production and Cost analysis

Theory of production- production function, law of variable proportions, laws of returns to scale, production optimization, least cost combination of inputs, isoquants. Cost concepts-explicit and implicit cost, fixed and variable cost, opportunity cost, sunk costs, cost function, cost curves, cost and output decisions, cost estimation.

Unit 4

 Market structure and pricing theory

Perfect competition, Monopoly, Monopolistic competition, Oligopoly.

Unit 5

Financial statement analysis

Balance sheet and related concepts, profit and loss statement and related concepts, financial ratio analysis, cash-flow analysis, funds- flow analysis, comparative financial statement, analysis and interpretation of financial statements, capital budgeting techniques.

Complete Material at one Place

Notes

MEFA Notes

Books

MEFA Books

#
About

Thank you for visiting website.
Connect with me over socials. Keep Rising 🚀. Connect with me over chat on linkedin

Follow Us