Business Economics Note Module-1

Business Economics Note Module-1

APJ Abdul Kalam Technological University PDF Download Link given in this post.

First Module Contents:

Business Economics and its role in managerial decision making- meaning-scope-relevance-economic problems-scarcity Vs choice (2 Hrs)-Basic concepts in economics-scarcity, choice, resource allocation- Trade-off-opportunity cost-marginal analysis- marginal utility theory, Law of diminishing marginal utility -production possibility curve (2 Hrs)