how to improve your projects



3. Managerial Economics 100 Marks

Course Content

a) The Meaning, Scope & Methods of Managerial Economics

b) Economics Concepts relevant to Business, Demand & Supply, Production, Distribution, Consumption & Consumption Function, Cost, Price, Competition, Monopoly, Profit, Optimisation, Margin & Average, Elasticity, Macro & Micro Analysis.

c) Demand Analysis & Business Forecasting, Market Structures, Factors Influencing Demand, Elasticities & Demand Levels, Demand Analysis for various Products & Situations, Determinants of Demands, Durable & Non-durable Goods, Long Run & Short Run Demand & Autonomous Demand Industry and Firm Demand..

d) Cost & Production Analysis, Cost Concepts, Short Term and Long Term, Cost Output Relationship, Cost of Multiple Products, Economies of Scale Production Functions, Cost & Profit Forecasting, Breakeven Analysis.

e) Market Analysis, Competition, Kinds of Competitive Situations, Oligopoly and Monopoly, Measuring Concentration of Economic Power.

f) Pricing Decisions, Policies & practices, Pricing & Output Decisions under Perfect & Imperfect Competition, Oligopoly & Monopoly, Pricing Methods, Product-line Pricing, Specific Pricing Problem, Price Dissemination, Price Forecasting.

g) Profit Management, Role of Profit in the Economy, Nature & Measurement of Profit, Profit Policies, Policies on Profit, Maximisation, Profits & Control, Profit Planning & Control.

h) Capital Budgeting, Demand for Capital, Supply of Capital, Capital Rationing, Cost of Capital, Appraising of Profitability of a Project, Risk & Uncertainty, Economics & probability Analysis.

i) Macro Economics and Business, Business Cycle & Business Policies, Economic Indication, Forecasting for Business, Input-Output Analysis.

Reference Text



1. Managerial Economics – Joel Dean

2. Managerial Economics: Concepts & Cases – Mote, Paul & Gupta.

3. Fundamentals of Managerial Economics – James Pappas & Mark Hershey.

4. Managerial Economics – Milton Spencer & Louis Siegleman.

5. Economics - Samuelson
 
3. Managerial Economics 100 Marks

Course Content


a) The Meaning, Scope & Methods of Managerial Economics

b) Economics Concepts relevant to Business, Demand & Supply, Production, Distribution, Consumption & Consumption Function, Cost, Price, Competition, Monopoly, Profit, Optimisation, Margin & Average, Elasticity, Macro & Micro Analysis.

c) Demand Analysis & Business Forecasting, Market Structures, Factors Influencing Demand, Elasticities & Demand Levels, Demand Analysis for various Products & Situations, Determinants of Demands, Durable & Non-durable Goods, Long Run & Short Run Demand & Autonomous Demand Industry and Firm Demand..

d) Cost & Production Analysis, Cost Concepts, Short Term and Long Term, Cost Output Relationship, Cost of Multiple Products, Economies of Scale Production Functions, Cost & Profit Forecasting, Breakeven Analysis.

e) Market Analysis, Competition, Kinds of Competitive Situations, Oligopoly and Monopoly, Measuring Concentration of Economic Power.

f) Pricing Decisions, Policies & practices, Pricing & Output Decisions under Perfect & Imperfect Competition, Oligopoly & Monopoly, Pricing Methods, Product-line Pricing, Specific Pricing Problem, Price Dissemination, Price Forecasting.

g) Profit Management, Role of Profit in the Economy, Nature & Measurement of Profit, Profit Policies, Policies on Profit, Maximisation, Profits & Control, Profit Planning & Control.

h) Capital Budgeting, Demand for Capital, Supply of Capital, Capital Rationing, Cost of Capital, Appraising of Profitability of a Project, Risk & Uncertainty, Economics & probability Analysis.

i) Macro Economics and Business, Business Cycle & Business Policies, Economic Indication, Forecasting for Business, Input-Output Analysis.

Reference Text



1. Managerial Economics – Joel Dean

2. Managerial Economics: Concepts & Cases – Mote, Paul & Gupta.

3. Fundamentals of Managerial Economics – James Pappas & Mark Hershey.

4. Managerial Economics – Milton Spencer & Louis Siegleman.

5. Economics - Samuelson
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mproving your projects requires a thoughtful mix of planning, execution, and reflection. The first step is to clearly define your objectives—know what you want to achieve and why it matters. Break the project into manageable phases with specific milestones and deadlines. This not only helps track progress but also makes the workload feel more achievable.


Organization is key. Use project management tools like Trello, Asana, or Notion to keep tasks, deadlines, and ideas in one place. Good time management and prioritization will prevent last-minute rushes and help maintain quality throughout.


Next, focus on continuous learning. Stay updated with trends, new tools, and industry best practices. Whether you’re working on a technical, creative, or academic project, learning something new—like a design principle, programming framework, or communication strategy—can add significant value.


Collaboration and feedback are powerful tools for growth. Don’t work in isolation. Share your progress with mentors, peers, or target users and ask for honest feedback. Fresh perspectives can uncover blind spots and spark innovative ideas.


Don’t ignore the importance of presentation and documentation. A well-documented, visually clean, and user-friendly project makes a stronger impact and is easier to explain or scale later.


Finally, always reflect after completion. Analyze what worked well, what didn’t, and how you can improve next time. This habit of post-project review builds your skills and sharpens your approach over time.


Improving your projects isn’t about perfection—it’s about evolving with every step.
 
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