KIIT COLLEGE OF ENGINEERING

KIIT WORLD, SOHNA ROAD, NEAR BHONDSI, GURGAON

LECTURE PLAN

Academic Session: 2010-11

Class : B.Tech. Semester: IVth

Faculty: Vineeta Agrawal Department: ECE, EEE

Course: Economics for Engineers Code: HUM-201-E

Course Content:
S. No. Unit Topic/s Session No.
Number of
/s Lect.
1 UNIT 1 Various definitions of economics 1-2 2
& Nature of economic problem,
Production possibility curve
2 UNIT 1 Economic Laws Relation b/w 3 1
science,Engneering&Technology
and Economic Development
3 UNIT 1 Relation b/w 4 1
science,Engneering&Technology
and Economic Development
4 UNIT 2 Concepts and measurement of utility 5 1
5 UNIT 2 Law of Diminishing Marginal utility 6 1
6 UNIT 2 Law of Equi-marginal utility 7 1

7 UNIT 3 Meaning of Demand, individual and 8 1

market demand schedule

8 UNIT 3 Law of demand& shape of 9-10 2

demand curve

9 UNIT 3 Elasticity of Demand 11-12 2

10 UNIT 3 Measurement of Elasticity of Demand 13-15 3

11 UNIT 3 Factors affecting elasticity of Demand 16 1

12 UNIT 3 Practical importance & application of the 17-18 2

concept of elasticity of demand.

1
13 UNIT 4 Meaning of production &factors of 19 1
production

14 UNIT 4 Law of Variable Proportions 20 1

15 UNIT 4 Law of Returns to Scale 21 1

16 UNIT 4 Internal Economies and Diseconomies of scale 22 1

17 UNIT 4 Various concepts of cost- 23-24 2

FC,VC,AC,MC,Money Cost, Real
cost, Opportunity cost
18 UNIT 4 Shape of AC,MC,TC etc in short run and 25-26 2
long run

19 UNIT 5 Meaning of Market 27 1

Types of Market
Perfect Competition
20 UNIT 5 Monopoly,Oligopoly,MC (Main features) 28-30 3

21 Unit 5 Supply & Law of Supply, Role of Demand & 31-34 4

Supply in price determination& effect on
changes in Demand & Supply

22 Unit6 Nature & characterization of Indian Economy, 35-38 3

Privatization, Globalisation (merits &demerits)

23 UNIT 6 Elementary concepts of – 39-41 3

VAT,WTO,GATT,TRIPS Agreement

Text Books :
 K.K Dewett (S.Chand)-Modern Economy Theory

 P.N Chopra (Kalyani Publishers) Principles of Economics

Reference Books :
 A text book of economic Theory –Stonier and Hague(Longman’s London).
 Micro Economic Theory-M.L Jhingan (S.Chand).
 Micro Economic Theory-H.L Ahuja (S.Chand).
 Modern Micro Economics –S.K Mishra (Pragti Publications).
 Economics Theory-A B Kalkundrikar,R C hand &Co.