HS60003: Business Economics
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| Course name | Business Economics | ||||||||||||||||||||
| Offered by | Humanities & Social Sciences | ||||||||||||||||||||
| Credits | 4 | ||||||||||||||||||||
| L-T-P | 3-1-0 | ||||||||||||||||||||
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| Semester | Autumn | ||||||||||||||||||||
Syllabus
Syllabus mentioned in ERP
Nature and scope of business economics; Demand and supply analysis; Notion of elasticity- theoretical concepts and managerial applications; Market equilibrium; Stability of equilibrium; Analysis of comparative statics; Demand forecasting; Theory of production and costs; Measurement of productivity; Optimal allocation of resources-output maximization subject to cost constraint, cost minimization subject to output constraint, and profit maximization; Price and output decisions under different market forms; Pricing under uncertainty; Cost-plus pricing and mark-up pricing; Average cost pricing; Managerial theories of firms; Linear programming and input-output analysis; Project evaluation.
Concepts taught in class
Student Opinion
How to Crack the Paper
Classroom resources
Additional Resources
Time Table
| Day | 8:00-8:55 am | 9:00-9:55 am | 10:00-10:55 am | 11:00-11:55 am | 12:00-12:55 pm | 2:00-2:55 pm | 3:00-3:55 pm | 4:00-4:55 pm | 5:00-5:55 pm | |
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| Monday | ||||||||||
| Tuesday | ||||||||||
| Wednesday | NC431 | |||||||||
| Thursday | NC431 | |||||||||
| Friday | NC431 | NC431 |