HBF 417/ BAM 412- MANAGERIAL ECONOMICS 1
Goal: To give special attention to theories interpretation and application of
concepts of managerial economies so as to
enhance the student’s
understanding of the various methods and techniques used in
managerial decisions.
Objective: On completion of
this course, the student should be able to:
1.0 Understand the scope of
managerial economics
2.0 Know a working definition of
business objectives.
3.0 Understand the importance of
Investment decisions in both
private and public enterprises.
4.0 Understand fundamental issues involved in pricing including the techniques used in both private and public sectors of the
economy.
5.0 Understand some basic ideas of
the demand side of markets.
6.0 Understand indifference theory- (alternative method of
explaining the consumers behaviour).
7.0 Understand theory of the
firm: (The operations of the
economic agents
performing with the different market structures).
8.0 Understand corporate strategy.
9.0 Understand cost analysis.
10.0 Understand the different types of business organization.
11.0 Understand operation research techniques.
YOU ARE ALL WELCOME!
LCP! FIRST AND THE BEST 
Patriot Odunaro B.J
08038454008
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