Name: Note for Engineering Economics - EE By Ktu Topper
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Author: Ktu Topper

Business Economics and its role in managerial decision  making, meaning, scope- relevance, economic problems-scarcity Vs choice,  Basic concepts in economics-scarcity, choice, resource allocation, Trade-off-opportunity cost-marginal analysis, marginal utility theory, Law of diminishing marginal utility -production possibility curve.

Introduction To Business Economics

demand and supply analysis, equilibrium, elasticity (demand and supply), Production concepts, average product, marginal product, law of variable proportions, production function, Cobb Douglas Function, problems

Basics Of Micro Economics

Law Of Demand

Law Of Supply

Production Function

Concept of costs, marginal, average, fixed, variable costs, cost curves, shut down point, long and short run, Break even analysis, problems, markets, perfect competition, monopoly and monopolistic competition, Oligopoly, Cartel  and collusion

Micro Economics

Circular flow of income, two and multi sector models, national income concepts, measurement methods, inflation, deflation, trade cycles, money, stock and flow concept, Quantity theory of money, Fischer's Equation and Cambridge equation, velocity of circulation money, credit methods, SLR, CRR, Open market operations, Repo and Reverse Repo rate, emerging concepts in money, bit coin

Basics Of Macro Economics

Investment analysis, Capital budgeting, NPV, IRR, Profitability index, ARR, Payback period, Business decisions under certainty, uncertainty, selection of alternatives, risk and sensitivity, cost benefit analysis, resource management

Note for Engineering Economics - EE By Ktu Topper

KTU ·

EE