The course aims to acquaint the students with the understanding of demand and supply, market structures and conditions.
Course |
Learning outcomes (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course Title |
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24CBBA 104 |
Business Economics Practical (Practical) |
CO31: Evaluate the responsiveness of demand and supply to price changes. CO32: Compare the Cardinal and Ordinal Utility Theory. CO33: Design a research project to investigate production and cost functions. CO34: Elucidate the Theory of Firm and Market Organization. CO35: Construct case studies centred on Factor Markets. CO36: Contribute effectively in course-specific interaction. |
Approach in teaching: Interactive Sessions, Case Study Discussions, Reading assignments, Short quiz consisting of numerical problems.
Learning activities for the students: Self learning assignments, Classroom Presentations, Solving question-based problems, Project Tasks |
Continuous Assessment Test, Semester End Examinations, Presentation, Individual and group projects, Task-based exercises to assess students’ understanding, Project file and Viva-voce
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Case studies based on Elasticity of demand and supply
Case studies based on cardinal utility theory & ordinal utility theory
Project work based on production and cost function.
Project work based on Theory of firm and market organization
Case studies based on Factor market
1. Salvatore, Dominick, Micro Economics, Oxford University Press, New York
2. Seth, M. L., Principles of Economics, Laxmi Narain Agarwal, Agra
3. Mithani,D.M., Fundamentals of Economics, Himalya Publishing House,Mumbai
4. Ahuja, H.L. , Business Economics, S.Chand & Company,New Delhi
Suggested Readings:
1.Mathur N.D. Managerial Economic. Shivam Book House, Jaipur
2.C. M. Choudhary : Business Economics
3.Jhingal, M.L., Principles of Economics, Vikas Publishing House, New Delhi
4.Mukherjee,Debes, Business Economics Micro and Macro, New Central Book Agency, Calcutta
E-Resources:
1.https://www.yourarticlelibrary.com/micro-economics
2.https://www.investopedia.com/terms/m/microeconomics.asp
4.https://fpibengaluru.karnataka.gov.in/info-2/FPI+Journal+-Aarthika+Charche/en