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Paper 11: Managerial Economics Module: 26 Organizational Goals-II: Managerial Theories of the firm Principal Investigator Prof. S P Bansal Vice Chancellor Maharaja Agrasen University, Baddi Co-Principal Investigator Prof YoginderVerma Pro–Vice Chancellor Central University of Himachal Pradesh. Kangra. H.P. Paper Coordinator Prof. S.K. Garg Former Dean and Director, HPU, Shimla Paramjeet Kaur Content Writer Asst. Prof Khalsa College for Women, Ludhiana Items Description of Module Subject Name Management Paper Name Managerial Economics (Paper-11) Module Title Organisational Goals – II Managerial Theories of Firm (1) Module Id Module No: 26 Pre- Requisites Basic knowledge of what organisational goals and managerial theories are. Objectives To study the modern organisational goals and the role of decision makers To discuss Marris’s Managerial theory of organisational goals Keywords Goals, Firm, Growth Maximisation, Profit, Equilibrium, Managers QUADRANT-III Ahuja H.L (2012). Advanced Economic Theory. S. Chand and Company, New Delhi. Boyes William and Michael Melvin (2010). Principles of Economics. Cengage Learning Private Limited, New Delhi. Dhar P.K. (2000). Indian Economy and Its Growing Dimensions. Kalyani Publishers, New Delhi. K.K. Dewett. Modern Economic Theory. S. Chand and Company Private Limited, New Delhi. Peterson H. Craig, W. Cris Lewis and Sudhir K. Jain (2009). Managerial Economics. Pearson Prentice Hall, New Delhi. Pindyck Robert S., Daniel L. Rubinfeld and Pem L. Mehta (2012). Micro Economics. Pearson Prentice Hall, New Delhi. Varshney R.L. and K.L. Maheshwari (1970). Managerial Economics. Sultan Chand and Sons New Delhi. Chand Smriti, “Williamson’s utility Maximisation Theory/ marginal Theories” from http://www.tutorsonnet.com/williamsons-utility-maximisation-homework-help.php Trisha, “Williamson’s Model of Managerial Discretion” from http://www.economicsdiscussion.net/firm/williamsons-model-of-managerial- discretion/5718http://www.yourarticlelibrary.com/economics/baumols-sales-or-revenue-maximisation- theory-assumptions-explanation-and-criticisms/28983/ http://www.yourarticlelibrary.com/economics/williamsons-utility-maximisation-theory-marginal- theories/28976/
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