Managerial Economics — What This Subject Is About
To provide diploma students with a basic understanding of economic principles and how they are applied in business decision-making — analysing and interpreting economic data, understanding market behaviour, and making informed managerial decisions to optimise resources and improve business performance.
Subject 6.2.1 — Elective (Pathway), Option 1 (Theory) • Total 100 Marks • 3 Credits • L 3 – P 0 • Choose this OR Finance Fundamentals OR Cyber Security OR Data Science • 6th Semester — Electronics Engineering • Session 2026–27

What You Will Study
Unit 1 — Fundamentals of Managerial Economics (10 Periods, 22%)
Nature and scope, meaning, goals and importance of managerial economics in business decision-making, Economic principles, Macroeconomics and Micro economics, Firm, nature and objective.
What managerial economics is, why it matters for business decisions, and the basics of micro- and macroeconomics and the firm.
Unit 2 — Demand Analysis and Forecasting (10 Periods, 26%)
Theory of demand, factors influencing demand, and elasticity of demand, Demand Forecasting, Methods and techniques for forecasting demand.
Demand: what drives it, how sensitive it is to price (elasticity), and how to forecast it.
Unit 3 — Production and Cost Analysis (12 Periods, 30%)
Production, Production Function, Relationship between inputs and outputs, Production Analysis, Short-run and long-run production analysis, Law of Variable Proportions, Output behavior when one input varies and others are constant. Cost Analysis, Fixed cost, variable cost, total cost, marginal cost, average cost, Cost Curves.
Production and costs: the production function, the law of variable proportions, and fixed, variable, marginal and average costs and their curves.
Unit 4 — Market Structures (10 Periods, 22%)
Market Structures, Perfect Competition, Monopoly, Monopolistic Competition, Oligopoly.
The four market structures — perfect competition, monopoly, monopolistic competition and oligopoly — and how firms behave in each.
Complete Syllabus
The full examination scheme, the complete practicals list and the reference books from the official syllabus. The unit-wise topics are in the "What You Will Study" section above.
Examination Scheme
| Code | Paper | Type | L – P | Credits | Internal | External | Total |
|---|---|---|---|---|---|---|---|
| 6.2.1 | Elective (Pathway): Managerial Economics | Theory | 3 – 0 | 3 | Theory 40 | Theory 60 (3 hrs) | 100 |
| Managerial Economics Total | 3 | 40 | 60 | 100 | |||
Units at a Glance
| Unit | Topic | Periods | Marks Share |
|---|---|---|---|
| 1 | Fundamentals of Managerial Economics | 10 | 22% |
| 2 | Demand Analysis and Forecasting | 10 | 26% |
| 3 | Production and Cost Analysis | 12 | 30% |
| 4 | Market Structures | 10 | 22% |
Reference Books
As listed in the syllabus:
- “Managerial Economics” by Dominick Salvatore
- “Managerial Economics: Theory and Practice” by Thomas J. Webster
- “Managerial Economics” by D. N. Dwivedi
- “Managerial Economics and Financial Analysis” by Dr. N. Appa Rao & Dr. P. Vijay Kumar
Frequently Asked Questions
How many marks is Managerial Economics worth in the 6th semester?
Elective (Pathway): Managerial Economics (6.2.1) is 100 marks. Total: 100 marks, 3 credits. The full scheme table is in the Complete Syllabus section above.
Which units carry the most weightage in Managerial Economics?
Production and Cost Analysis, 30% each. The full unit-wise weightage table is in the Complete Syllabus section above.
Which books should I refer to for Managerial Economics?
The syllabus lists “Managerial Economics” by Dominick Salvatore, and “Managerial Economics: Theory and Practice” by Thomas J. Webster, among others. The full list is in the Complete Syllabus section above.
Is Managerial Economics a theory subject or a practical subject?
It is assessed as theory — see the examination scheme in the Complete Syllabus section above.
How can I download the Managerial Economics syllabus PDF?
The PDF is free to download — use the download link in the Download section below. It is prepared by KAMALDNP Academy from the official BTEUP syllabus.
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Download the Managerial Economics Syllabus PDF
Download the complete Managerial Economics syllabus PDF below — prepared by KAMALDNP Academy, with the full topic list, practicals and reference books.
Download the Managerial Economics Syllabus PDF
Source: BTEUP 3rd Year curriculum (folder2627), approved in C.D.C. meeting held on 16.07.2026. Topic lists follow the official syllabus; short explanations are the author's own plain-English summaries, not syllabus text. Please confirm with your own polytechnic for any local changes.
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