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Objective:
The basic objective isto use and application of the various concepts of Managerial
Economics.
The topic given is Economics Cases- Changing face of Industry
understanding the profile of Indian Industry and specific cases in these inustry.
In this presentation assignment the student is expected to relate the various
concepts of Managerial Economics to Economic/Business issues.
Format -Terms of Reference (Parameters of Analysis):
The various concepts to be used for application emerge from the various aspects of
application of Managerial Economics.
Based on the aspects of application, the following parameters may be used to
analyse the given topic for the presentation assignment
1. Size of the industry, Growth rate, Key players and their market share, their
turnover, EBITA, Products,ROI, HR contacts
2. Demand and Supply analysis Analysis ( Factors affecting Demand and
Supply- Key drivers of demand and Supply),Presence of Substitutes and
Complements for their products/business.
3. Understanding the presence of different elasticity (Price, Income and Cross
Elasticity), Marginal Concepts in the industry/Business.
4. Understanding the importance of Forecasting
5. Cost and Production Analysis (Various Cost concepts, movement of cost
curves (AC,MC,TC), application of Economies of Scale in the business,
Productivity, Capacity Utilization.
6. Prevailing Market Structure of the Industry ( Monopoly,Perfect
Competition,Oligopoly
Monopolistic
competition)
which
define
the
competition in the given business
7. Various Pricing policies and practices in the business.
8. The overall objective of the Business ( Whether apart from business does
the business involve in CSR activities, Employee welfare measures and so
on)
9. Overall Government policy related to the business and Macro Economic
scenario which impact the business.
10.10 Economic Times news articles related with this industry
Topics for Presentation:
-
The given topics are to be mainly from the Indian context. I have selected the topics
where you will get lot of information.
For the given topics the students will get the ready made information from many
online sources. So it is important to mention the source.
Do not take from only one source and copy paste the information. Some of the
sources include the Newspapers (Economic Times,Business line and others, Credit