Bhavan's M.P. Birla Institute of Management Bangalore

Can you provide me the syllabus of the Master of Business Administration program under Choice Based Credit System (CBCS) of Bharatiya Vidya Bhavan's MP Birla Institute of Management?

[Pathak]

M P Birla Institute of Management was founded in the year 1999 at the premises of Bharatiya Vidya Bhavan, Bangalore Kendra.

Syllabus of Master of Business Administration

1.1 ECONOMICS FOR MANAGERS

COURSE CONTENT AND STRUCTURE
1
MODULE ONE: INTRODUCTION TO MANAGERIAL ECONOMICS 8 HOURS
Introduction to Economics, Kinds of Economic Decisions, Significance and applicability
of Managerial Economics in decision making, Role and responsibilities of Managerial
Economics, Economic principles relevant to managerial decision making, Opportunity
cost, Production possibility curve, Concept of increments and Margin, Discounting
principle, Theory of firm.
2
MODULE TWO: DEMAND ANALYSIS AND CONSUMER BEHAVIOR 10 HOURS
Demand theory and analysis, Elasticity of Demand and its role in Managerial decision
making, Demand forecasting, Techniques of Demand forecasting,
Consumers Equilibrium, Cardinal utility approach, Indifference curve approach, Theory
of revealed preference, Consumer surplus
3
MODULE THREE: THEORY OF PRODUCTION AND ANALYSIS OF COST 10 HOURS
Laws of variable proportions and Return to scale, Economies of scale, Isoquants and
Isocost, Optimum combination of inputs, Elasticity of substitutions; Cost concepts:
Kind of costs, Short run and long run cost functions, Interrelationship of cost, Cost
reduction and cost control.
4
MODULE FOUR: DETERMINATION OF PRICE AND OUTPUT 10 HOURS
Concept of Market equilibrium and Revenue curves, Characteristics of different market
structures, Price determination and firms equilibrium under perfect competition,
monopolistic competition, oligopoly and monopoly, Price discrimination, International
price discrimination and dumping, Pricing methods
5
MODULE FIVE: FACTOR MARKET AND FACTOR PRICING 8 HOURS
Theories of factor pricing: wages and rent, Theories of interest and investment
decisions, Profit and profit functions.
6
MODULE SIX: MACROECONOMIC ANALYSIS AND POLICY 10 HOURS
National Income: Concept and measurement, Circular flow of economic activities,
Keynesian analysis: Keynesian theory of employment, consumption function,
investment function, multiplier, relevance of Keynesian economics in
underdeveloped countries, Business cycle, Money supply and Inflation.

Syllabus of Master of Business Administration




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