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Economics Syllabus
Economics Syllabus
Subject Hours/
Subject Sessions Semester Credits Subject Type
Code Week
(14 weeks)*
Lecture 2
Practical
28
Economics Tutorial
General Elective
Studio 2.5
( Mandatory)
Work
Studio
Practice
Self-Study
*Teaching sessions to be planned for 14 weeks, excluding end term examination week.
SUBJECT AIM
Knowledge
Skill
Synthesis
1
The students would be able to differentiate, organize and analyse business models
based on principles of economics and to make rational decisions in calculating and
evaluating business proposals and projects.
The student would be able to effectively use concepts of elasticity, consumer surplus,
cost, revenue and production in analyzing situations and taking economic decisions.
The students would be able to do competitor analysis and formulate a better competition
strategy by applying knowledge and skills acquired by understanding of different market
structures as well as key macroeconomic indicators.
CONTENT
2
Function (and long run, isoquants and isocosts, Law of
Variable Proportions, Returns to Scale, budget
constraints and budget line.
Lectures, Seminars,
Group discussions
Industry interaction
3
NATURE OF ASSIGNMENTS
Assignment 1: Quiz based on the learning from consumer and producer behaviour including
demand/elasticity analysis. ( 1 hr)
EVALUATION CRITERIA
EVALUATION MATRIX
End Term
Mid-Term/ End-Term/
Evaluation Total
Mid-Module Assessment End-Module Assessment
(Exam/Jury)
30 30 40 100
REFERENCE MATERIAL
INFRASTRUCTURE REQUIREMENT
4
No additional infrastructure apart from the general one such as classroom with projector,
computer set, white board etc would be required
EQUIPMENT/TOOLS/MATERIAL
No additional equipment apart from the existing ones such as mentioned above would be
reuqired