me session plan

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2ndMBA –I SEM STRATEGIC MANAGEMENT FACULTY NAME: T. GangaRaju. 1 Unit-1 Unit-II Unit-III Unit-IV Unit-V Topic Sessio n 1 Introduction to Managerial Economics Demand Analysis Production Analysis Cost theory and estimation Sessio n 2 Definition, Nature Types of Elasticity of demand, Production function Cost concepts Sessio n 3 Scope Types of Elasticity of demand Marginal Rate of TechnicalSubstit ution determinants of cost Sessio n 4 Relationship with other areas in Economics Types of Elasticity of demand Production function with one variable cost – output relationship in the short run Sessio n 5 The role of managerial economist Measurement of price Elasticity of Demand Production function with two variable cost – output relationship in the long run Sessio n 6 Concept of opportunity cost, Measurement of price Elasticity of Demand Isoquant&Isocost s Modern development in cost theory Sessio n 7 Incremental concept Need for Demand forecasting Law of variable proportion Saucer shaped shortrun Sessio n 8 Perfective, Discounting Principle forecasting techniques Cobb- Douglas Production Function Average cost curves Sessio n 9 Risk Law of Supply Returns to Scale Averagetotal cost curve Sessio n 10 uncertainty. Elasticity of Supply Laws of returns Cost - Volume – Profit analysis

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Page 1: Me Session Plan

2ndMBA –I SEM STRATEGIC

MANAGEMENT FACULTY NAME: T.

GangaRaju.

1

Unit-1 Unit-II Unit-III Unit-IV Unit-V

Topic

Session 1 Introduction to Managerial Economics

Demand Analysis

Production Analysis Cost theory and estimation

Session 2 Definition, Nature Types of Elasticity of

demand,

Production function Cost concepts

Session 3 Scope Types of Elasticity of

demand

Marginal Rate of TechnicalSubstitution

determinants of cost

Session 4 Relationship with other areas in

Economics

Types of Elasticity of

demand

Production function with one variable

cost – output relationship in the

short run

Session 5 The role of managerialeconomist

Measurement of price

Elasticity of Demand

Production function with two variable

cost – output relationship in the

long run

Session 6 Concept of opportunity cost,

Measurement of price

Elasticity of Demand

Isoquant&Isocosts Modern development in

cost theory

Session 7 Incremental concept Need for Demand

forecasting

Law of variable proportion

Saucer shaped shortrun

Session 8 Perfective, Discounting Principle

forecasting techniques

Cobb-DouglasProduction Function

Average cost curves

Session 9 Risk Law of Supply Returns to Scale Averagetotal cost curve

Session 10

uncertainty. Elasticity of Supply

Laws of returns Cost - Volume – Profit analysis

Session 11

BEP analysis

Session 12

BEP problems

Session 13

BEP problems

Session BEP problems

Page 2: Me Session Plan

Conceptual learning schedule

Unit-1

At the end of the

session the student is able to:

Sl no Concept-1 Cognitive level

Concept-2 Cognitive level

1 Session-1 Define managerial economies Remembering Characteristics of economics Understanding2 Session-2 Nature of ME understanding3 Session-3 Scope of ME Understanding4 Session-4 Managerial economics and its relation with other

subjectsUnderstanding

5 Session-5 Basic economic tools in ME Understanding6 Session-6 Define Demand and demand determinants Remembering

2

Page 3: Me Session Plan

7 Session-7 Demand distinctions understanding8 Session-8 Demand determinants Understanding9 Session-9 Tutorial10 Session-10 Define Law of demand Understanding Exceptions of Law of Demand Remembering11 Session-11 Elasticity of Demand Understanding12 Session 12 Types of elasticity of demand Understanding Measurements Understanding13 Session 13 Explain Demand forecasting Remembering14 Session 14 Demand forecasting methods Understanding15 Session 15 Tutorial-2

Unit-2

At the end of the session the student is able to:

Sl no Concept-1 Cognitive level Concept-2 Cognitive level16 Session-1 Production function Remembering17 Session-2 Iso-quants Understanding Iso-costs Understanding18 Session-3 Law of variable proportions Understanding19 Session-4 Cobb-Douglas production function Apply

20 Session-5 Economies of scale Analyze21 Session-6 Cost Concepts Understanding22 Session-7 Fixed vs variable cost Analyze23 Session-8 Explicit cost Vs Implicit costs Analyze

3

Page 4: Me Session Plan

24 Session-9 Tutorial-325 Session-10 Out of Pocket costs Vs Imputed costs Analyze26 Session-11 Cost volume profit analysis Analyze27 Session-12 Define Break even point Remembering Determinants of B.E.P Understanding28 Session-13 Tutorial-329 Sesson-14 Problems on B.E.P

Unit-3

At the end of the session the student is able to:

Sl no Concept-1 Cognitive level Concept-2 Cognitive level30 Session-1 Define Perfect competition Remembering31 Session-2 Monopoly Understanding32 Session-3 Monopolistic Understanding33 Session-4 oligopoly Understanding34 Session-5 Features of Oligopoly Analyze35 Session-6 Price and Output Determination Analyze36 Session-7 Managerial theories of Firm Apply37 Session -8 Maris and Williamsons model Apply

4

Page 5: Me Session Plan

38 Session -9 Tutorial-539 Session -10 Methods of pricing Analyze40 Session -11 Limit pricing understanding Market skimming pricing Analyze41 Session -12 Internet pricing Analyze Flat rate pricing Analyze42 Session--13 Usage sensitive Understanding

43 Session -14 Tutorial44 Session-15 Transaction based pricing Understanding Priority Pricing Understanding

Unit-4

At the end of the session the student is able to:

Sl no Concept-1 Cognitive level

Concept-2 Cognitive level

45 Session-1 Features and evaluation of sole trader Understanding46 Session-2 Partnership Firm Understanding47 Session-3 Formation of joint stock company Understanding48 Session-4 Merits and Demerits of joint stock company Understanding49 Session-5 State enterprise Understanding Public enterprise Understanding50 Session-6 Merits and Demerits of Public enterprise Understanding

5

Page 6: Me Session Plan

51 Session-7 Tutorial52 Session-8 Business cycles Understanding53 Session-9 Phases of Business cycle Understanding54 Session-10 Tutorial-8

Unit-5

At the end of the session the student is able to:

Sl no Concept-1 Cognitive level

Concept-2 Cognitive level

55 Session-1 Introduction to Double entry system Remembering Creating

6

Page 7: Me Session Plan

56 Session-2 Journal Apply Ledger Apply57 Session-3 Problems on Journal Apply Problems on Ledger Apply58 Session-4 Trial Balance Apply59 Session-5 Trading account Apply60 Session-6 Profit&loss account Apply61 Session-7 Balance sheet Apply62 Session-8 Tutorial-963 Session-9 Final accounts Apply64 Session-10 Problems on Final accounts Apply65 Session-11 Limitations of Financial statements Analyze66 Session-12 Analysis and Interpretation of Financial statements Analyze67 Session-13 Ratio analysis Analyze68 Session-14 Ratio types Understanding69 Session-15 Problems on Ratio Analysis Apply70 Session-16 Preparation of Funds flow statements Understanding71 Session-17 Preparation of cash flow statements Understanding

Unit-6

At the end of the session the student is able to:

7

Page 8: Me Session Plan

Sl no Concept-1 Cognitive level

Concept-2 Cognitive level

72 Session-1 Meaning of capital Remembering73 Session-2 Capitalization Understanding74 Session-3 Meaning of capital Budgeting Understanding Need of capital budgeting75 Session-4 Techniques of capital Budgeting Analyze76 Session-5 Tutorial-1177 Session-6 Payback period Understanding78 Session-7 Net present value Understanding79 Session-8 Account rate of return80 Session-9 problems Apply81 Session-10 Profitability index Understanding82 Session-11 Internal rate of return Understanding83 Session-12 Problems Apply84 Session-13 Tutorial85 Session-14

8

*Extra topics beyond Syllabus05 Minutes- Recap or introduction10 minutes-Introduce concept 110 minutes-Verify whether the students have attained the competency or not and encourage them to participate in discussion/workouts10 minutes-Introduce concept 210 minutes-Verify whether the students have attained the competency or not and encourage them to participate in discussion/workouts05 minutes-give summary and conclude-give exercise

I. Remembering II. Understanding III. Applying IV. Analyzing V. Evaluating VI. Creating