BNSS 510: Managerial Economics

Bridging the gap between economic theory and practical business decision-making, this course equips students with the analytical tools and frameworks needed to understand, interpret, and apply economic concepts in managerial contexts. Topics include demand and supply analysis, production and cost functions, market structures, pricing strategies, game theory, and risk analysis. Students will learn how to make informed decisions under conditions of uncertainty, optimize resource allocation, and assess the impact of external economic factors on business operations. Through case studies and real-world applications, this course prepares future managers to navigate complex market dynamics and drive strategic success in competitive environments.