This document summarizes the scope of managerial economics as presented in a report by M.L.V Surya for their 1st year MBA at Aditya College of Engineering and Technology. The scope includes demand analysis and forecasting, cost analysis, production and supply analysis, pricing decisions and policies, profit management, and capital management. Demand analysis is important for production scheduling and resource allocation. Cost analysis uses economic costs and accounting data to estimate costs. Production analysis considers production functions while supply analysis examines supply schedules, curves, elasticity, and factors influencing supply. Pricing must be correctly determined based on market conditions. Profit management is challenging due to uncertainty in costs and revenues. Capital management involves planning and