"The curriculum explores the fundamental concepts of managerial economics, including demand analysis, elasticity, production and cost functions, and pricing decisions under different market structures. It also covers macroeconomic aspects such as national income, inflation, fiscal and monetary policy, and their impact on the business environment. The course also explores various types of market structure & competitions and how price is determined under various conditions.
By the end of the course, learners will be able to analyse business problems using economic principles, evaluate market conditions, forecast demand, and make informed managerial decisions in both micro and macroeconomic contexts. This course equips students with a solid foundation for understanding economic influences on business strategy, thus enhancing their effectiveness as future managers and decision-makers."