MOHAMED SATHAK ENGINEERING COLLEGE, EAST COAST ROAD, KILAKARAI

WEEKLY LESSON PLAN

Faculty Name: N.SHANKAR Department: MBA Semester/Year:1/1

Subject Code/Name: BA7103 ECONOMIC ANALYSIS FOR BUSINESS

UNIT NO. & NAME: INTRODUCTION MONTH: JULY

Proposed Actually
S.No Topic to be Covered Date/ Taken Remarks
Hour Date/Hour
1 The themes of economics, scarcity and efficiency 22/7/2015-1
2 Three Fundamental economic Problems 23/7/2015-4
Week 1

3 Society’s capability – Production possibility 25/7/2015-8

frontiers (PPF)
4 Productive efficiency Vs economic efficiency 27/7//2015-2

5 Economic growth & stability 28/7/2015—3

6 Micro economies and Macro economies 29/7/2015-1

UNIT NO. & NAME: I & II INTRODUCTION & CONSUMER AND PRODUCER
BEHAVIOUR MONTH: AUGUST
Proposed Actually
S.No Topic to be Covered Date/ Taken Remarks
Hour Date/Hour
Week 2

1 the role of markets and government 30/7/2015-4

2 Positive Vs negative externalities 01/8/2015-8
3 Unit –II Market 03/8/2015-2
4 Demand 04/8/2015-3
5 Supply 05/8/2015-1
6 Determinants 06/8/2015-4
 UNIT NO. & NAME: II CONSUMER AND PRODUCER BEHAVIOUR
MONTH: AUGUST

Proposed Date/ Actually Taken

S.No Topic to be Covered Remarks
Hour Date/Hour

1 Approaches to consumer behaviour – 10/8/2/015-8

Production
2 Short-run 11/8/2/015-2
Week 3

3 long-run Production Function 12/8/2/015-3

4 Returns to scale 13/8/2/015-1

5 Analysis of cost 14/8/2/015-4

6 Short-run long-run cost function 17/8/2/015-8

UNIT NO. & NAME: III PRODUCT AND FACTOR MARKET MONTH: AUGUST

Proposed Date/ Actually Taken

S.No Topic to be Covered Remarks
Hour Date/Hour
Week 4

1 long-run cost function 17/8/2/015-8

2 Relation between Production and cost function. 18/8/2/015-2
3 Explanation 19/8/2/015-3
4 unit iii introducton 20/8/2/015-1
5 Product market 21/8/2/015-4
6 perfect and imperfect market 24/8/2/015-8

UNIT NO. & NAME: III PRODUCT AND FACTOR MARKET MONTH: AUGUST

Proposed Date/ Actually Taken

S.No Topic to be Covered Remarks
Hour Date/Hour
Week 5

1 different market structures 25/8/2/015-2

2 Firm’s equilibrium and supply 26/8/2/015-3
3 Market efficiency 27/8/2/015-1
4 Economic costs of imperfect competition 28/8/2/015-4
5 factor market 31/8/2/015-8
6 Land, Labour and capital 01/9/2/015-2
 UNIT NO. & NAME: III PRODUCT AND FACTOR MARKET
MONTH: SEPTEMBER

Proposed Date/ Actually Taken

S.No Topic to be Covered Remarks
Hour Date/Hour

1 Demand and supply, determination of factor price 02/9/2/015-3

Week 6

2 Interaction of product and factor market 03/9/2/015-1

3 General equilibrium and efficiency of competitive 04/9/2/015-4
markets
4 unit iv introducton 07/9/2/015-8
5 Macro-economic aggregates 08/9/2/015-2
6 circular flow of macroeconomic activity 09/9/2/015-3

UNIT NO. & NAME: IV PERFORMANCE OF AN ECONOMY – MACRO ECONOMICS

MONTH: SEPTEMBER

Proposed Date/ Actually Taken

S.No Topic to be Covered Remarks
Hour Date/Hour
Week 7

1 National income determination 10/9/2/015-1

2 Aggregate demand and supply 11/9/2/015-4
3 Macroeconomic equilibrium 15/9/2/015-8
4 Components of aggregate demand 16/9/2/015-2
5 Components of national income 18/9/2/015-3
6 multiplier effect 19/9/2/015-1

UNIT NO. & NAME: IV PERFORMANCE OF AN ECONOMY – MACRO ECONOMICS

MONTH: SEPTEMBER

Proposed Date/ Actually Taken

S.No Topic to be Covered Remarks
Hour Date/Hour
Week 8

1 Demand side management 21/9/2/015-4

2 Fiscal policy in theory. 23/9/2/015-8
3 Revision national income 25/9/2/015-2
4 unit v introducton 26/9/2/015-3
5 Short-run supply curve 28/9/2/015-1
6 Long-run supply curve 29/9/2/015-4
 UNIT NO. & NAME: V AGGREGATE SUPPLY AND THE ROLE OF MONEY
MONTH: OCTOBER

Proposed Date/ Actually Taken

S.No Topic to be Covered Remarks
Hour Date/Hour

1 Unemployment and its impact 01/10/2/015-8

Week 9

2 Okun’s law 03/10//2015-2

3 Inflation andthe impact 05/10/2/015-3
4 reasons for inflation 06/10/2/015-1
5 Demand Vs Supply factors 07/10/2/015-4
6 Inflation Vs Unemployement 09/10/2/015-8
tradeoff

UNIT NO. & NAME: V AGGREGATE SUPPLY AND THE ROLE OF MONEY
MONTH: OCTOBER

Proposed Date/ Actually Taken

S.No Topic to be Covered Remarks
Hour Date/Hour

1 short- run and long-run –Supply side Policy and 10/10/2015-2

management
2 Money market- Demand and supply of money 12/10/2015-3
3 money-market equilibrium and national income 14/10/2015-4
Week 10

4 the roleof monetary policy. 16/10/2015-8

5 Revision 17/10/2015-2
6 Revision 19/10/2015-3

HOD PRINCIPAL
UNIT I INTRODUCTION 8

The themes of economics – scarcity and efficiency – three fundamental economic problems –
society’s capability – Production possibility frontiers (PPF) – Productive efficiency Vs economic
efficiency – economic growth & stability – Micro economies and Macro economies – the role of
markets and government – Positive Vs negative externalities.

UNIT II CONSUMER AND PRODUCER BEHAVIOUR 13

Market – Demand and Supply – Determinants – Market equilibrium – elasticity of demand and
supply – consumer behaviour – consumer equilibrium – Approaches to consumer behaviour –
Production – Short-run and long-run Production Function – Returns to scale – economies Vs
diseconomies of scale – Analysis of cost – Short-run and long-run cost function – Relation
between Production and cost function.

UNIT III PRODUCT AND FACTOR MARKET 13

Product market – perfect and imperfect market – different market structures – Firm’s equilibrium
and supply – Market efficiency – Economic costs of imperfect competition – factor market –
Land, Labour and capital – Demand and supply – determination of factor price – Interaction of
product and factor market – General equilibrium and efficiency of competitive markets.

UNIT IV PERFORMANCE OF AN ECONOMY – MACRO ECONOMICS 13

Macro-economic aggregates – circular flow of macroeconomic activity – National income

determination – Aggregate demand and supply – Macroeconomic equilibrium – Components of
aggregate demand and national income – multiplier effect – Demand side management – Fiscal
policy in theory.

UNIT V AGGREGATE SUPPLY AND THE ROLE OF MONEY 13

Short-run and Long-run supply curve – Unemployment and its impact – Okun’s law – Inflation
and the impact – reasons for inflation – Demand Vs Supply factors –Inflation Vs
Unemployement tradeoff – Phillips curve –short- run and long-run –Supply side Policy and
management- Money market- Demand and supply of money – money-market equilibrium and
national income – the role of monetary policy.