Business Economics Practical

Paper Code: 
CBBA 104
Credits: 
2
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

Course Objectives:

1. To familiarise students with the production and cost structure under different stages of production.

2. To understand the pricing and output decisions under various market structure.

3. To help students understand and apply the various decision tools to understand the market structure. 

Course Outcomes (COs):

 

Learning outcomes

(at course level)

Learning and teaching strategies

Assessment

Strategies

CO22: To familiarise students with the production and cost structure under different stages of production.

CO23: To understand the pricing and output decisions under various market structure.

CO24: To help students understand and apply the various decision tools to understand the market structure.

CO25: Develop an understanding of role and function of managers.

 

Approach in teaching:

 

Interactive Hours using whiteboards, Questioning & Discussion, Reading assignments, Short quiz consisting of numerical problems.

Learning activities for the students:

Self learning assignments,   Presentation, Solving problems of unsolved questions, Writing in Class, Problem-Based Learning – Cases, Group Learning – Teamwork

Class test, Semester end examinations, Presentation, Individual and group projects, Task-based exercises to assess students’ understanding.

 

 

6.00
Unit I: 
Unit I

Case studies based on Elasticity of demand and supply

6.00
Unit II: 
Unit II

Case studies based on cardinal utility theory & ordinal utility theory

6.00
Unit III: 
Unit III

Project work based on production and cost function.

6.00
Unit IV: 
Unit IV

Project work based on Theory of firm and market organization

6.00
Unit V: 
Unit V

Case studies based on Factor market

Essential Readings: 

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
5. Mathur N.D. Managerial Economic. Shivam Book House, Jaipur
6. C. M. Choudhary : Business Economics
7. Jhingal, M.L., Principles of Economics, Vikas Publishing House, New Delhi
8. Mukherjee,Debes, Business Economics Micro and Macro, New Central Book Agency, Calcutta

Academic Year: 
2020-2021
  • Printer-friendly version
  • PDF version