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Shaping Futures with Knowledge

What is Consumption Function?

Inflation

Wholesale price index and customer price index

Aggregate consumption, gross domestic saving and gross domestic capital formation

Fiscal Policy

Monetary policy

Money supply

Determination of national income

National income

Gross national product and gross domestic product

Macro Economics

Non price competition

Price under Imperfect competition

Pricing under Oligopoly

Price under monoplastic competitionPrice under monoplastic competition

Pricing under discrimination monopoly

Pricing under Monopoly

Price Competition, Perfect Competition, and Price Determination under different time periods:

Market structure - meaning ,definition ,types

Theory of firm

Economies of Scale, including internal and external economies, their factors, and diseconomies of scale:

Break-Even Analysis – Meaning, Assumptions, Uses, Limitations & Techniques Explained

Short-Run and Long-Run Cost Functions in Economics – Concepts, Differences, and Cost Behavior

Concept of Cost in Economics – Fixed vs Variable Cost, and Their Relationship with Total & Average Cost

Law of Returns to Scale – Explanation, Types & Causes of Increasing Returns

Production, Factors of Production, Production Function, Laws of Returns

Demand forecasting

Income Effect and Substitution Effect, their differences, diagram explanation, and whether paradoxical results arise from one or both:

Meaning of Demand Function

Understanding the Law of Demand and Elasticity: Concepts, Applications, and Analysis"

managerial concepts in economic analysis, their use and limitations, and the concept of consumer equilibrium using utility analysis, including managerial utility approach

application of economics in managerial decision-making, including:

Managerial Economics, its definition, nature, scope, and characteristics

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