MBA / MPA Managerial Economics Assignment Answer Help
Assignment Detail:-
- Number of Words: 5000
- This is to inform you all that our final examination for this Quarter will be composed of both theory and practical components.
- The practical component will be in form of a an empirical paper on any managerial economics topic (of your choice)
- The general distribution of marks will be as follows: 1) Carry marks = 40, 2) Practical paper = 30, 3) Theory exam = 30.
- The structure of the practical paper should be structured as follows:
- Introduction and motivation
- Objective of the study
- Literature review
- Methodology (theoretical & estimation method)
- Data
- Analysis and results
- Conclusion and policy implications
- Please note that your topic must keep within the scope of managerial economics (i.e. you should focus on a micro entity, such as a firm, organization / company, government department etc.). Do not suggest any topic requiring the use of macroeconomic data.
EXAMPLE
Managerial economics topic: Demand Theory
Project title: The impact of advertising on the demand for Roofings iron sheets.
Aim: This study empirically investigates the impact of promotional advertising on the demand for iron sheets made by Roofings Ltd.
Methodology: In this study, Ordinary Least Square (OLS) can be carried out to empirically investigate the extent to which advertising affects the demand for Roofings Iron sheets.
Model:
Qd = f (A, P, C)
The Theory says:
Qd = f (A, P, C,)
+, -, –
Data: Collect data from Roofings Ltd, where: Qd is quantity demanded of iron sheets, A is advertising expenditure, P is the price of iron sheets, and C is level of competition.
Conduct analysis: Using OLS analysis (Educate yourself about regression analysis with SPSS)
Conclusion and Implications: Based on the results from analysis, make conclusion and recommendations from the study.
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