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Business Economics Practical [1]

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

Course Objectives:

This course will enable the students to –

  • The course aims to develop the understanding of demand and supply, market structures and conditions among students through individual and group projects.

 

Course Outcomes (COs):

Course

Learning outcomes

(at course level)

Learning and teaching strategies

Assessment

Strategies

Course Code

Course Title

CCBBA 104

Business Economics Practical

CO 26: Integrate the concept of price and output decisions of firms under various market structures.

CO 27: Analyze the causes and consequences of different market conditions.

CO 28: Apply marginal analysis to the “firm” under different market conditions.

CO 29: Understand the choices made by a rational consumer

CO 30: Describe how changes in demand and supply affect markets

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

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
• Seth, M. L., Principles of Economics, Laxmi Narain Agarwal, Agra
• Mithani,D.M., Fundamentals of Economics, Himalya Publishing House,Mumbai
• Ahuja, H.L. , Business Economics, S.Chand & Company,New Delhi

References: 

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

E-Resources:
• https://www.yourarticlelibrary.com/micro-economics [2]
• https://www.investopedia.com/terms/m/microeconomics.asp [3]
• https://www.slideshare.net/ [4]

Journals:
• https://fpibengaluru.karnataka.gov.in/info-2/FPI+Journal+-Aarthika+Charc... [5]
• http://www.acta.sapientia.ro/acta-econ/economics-main.htm [6]
• http://www.arpejournal.com/ [7]

Academic Year: 
2023-2024 [8]

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Source URL: https://www.management.iisuniv.ac.in/courses/subjects/business-economics-practical-6

Links:
[1] https://www.management.iisuniv.ac.in/courses/subjects/business-economics-practical-6
[2] https://www.yourarticlelibrary.com/micro-economics
[3] https://www.investopedia.com/terms/m/microeconomics.asp
[4] https://www.slideshare.net/
[5] https://fpibengaluru.karnataka.gov.in/info-2/FPI+Journal+-Aarthika+Charche/en
[6] http://www.acta.sapientia.ro/acta-econ/economics-main.htm
[7] http://www.arpejournal.com/
[8] https://www.management.iisuniv.ac.in/academic-year/2023-2024