Critically discuss the fundamental Techniques of the managerial economics.
Illustrate out the term demand forecasting and describe the criteria for the good forecasting technique.
Critically discuss the managerial uses of the production function.
Illustrate out how the price is determined under monopoly.
Assess the managerial uses of the break-even analysis.
Illustrate out the concept of the capital budgeting and illustrate differentiation between Risk and uncertainty.