MBA - I Semester. Paper Code: MBAC 1002. Managerial Economics. Objectives.
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Students should acquire a thorough understanding of economic theory relevant to the topics covered. They also are introduced to the managerial issues.
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Managerial Economics as a subject gained popularit-y in U.S.A after the publication of the book “Managerial Economics” by Joel Dean in 1951. Joel Dean observed that managerial Economics shows how economic analysis can be used in formulating policies.