Applications Open now for May 2024 Batch | Applications Close: May 26, 2024 | Exam: Jul 07, 2024

Applications Open now for May 2024 Batch | Applications Close: May 26, 2024 | Exam: Jul 07, 2024

Degree Level Course

Managerial Economics

-To learn the workings of markets through the prism of Demand and Supply. -Understand how a rational consumer makes any choice. -Learn the relationships between production, costs, and profits -Learn different forms of markets and their key characteristics. -Understand how governments regulate businesses. -Learn the business model behind the success of Amazon, UBER, Alibaba, iPhone

by Vimal Kumar

Course ID: BSMS3033

Course Credits:

Course Type:

Pre-requisites: None

Course structure & Assessments

For details of standard course structure and assessments, visit Academics page.

Introduction
Demand, Supply, and markets
Elasticity and Empirical Methods for Demand Analysis
Consumer Behavior
Technology, Production, and Costs
Perfectly Competitive Market
Monopoly
Monopsony and Monopolistic Competition
Decisions under Risk and Uncertainty
Asymmetric Information
Government and Businesses
Platform Businesses
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Prescribed Books

The following are the suggested books for the course:

Managerial Economics by Jeffery Perloff and James Brander

Intermediate Microeconomics by Hal Varian

Managerial Economics: A Problem Solving Approach by Luke Froeb, Brian McCannm, Mikhael Shor, and Michael Ward

About the Instructors

Vimal Kumar
Associate Professor, Department of Economic Science, IIT Kanpur

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