BA9202Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â ECONOMIC ANALYSIS FOR BUSINESSÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â LT P C
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UNIT IÂ Â Â Â Â Â Â Â Â Â Â Â INTRODUCTIONÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 8
The themes of economics â€" scarcity and efficiency â€" three fundamental economic problems â€" society’s capability â€" Product ion possibility fronties (PPF) â€" Productive efficiency Vs economic efficiency â€" economic growth & stability â€" Micro econo mies and Macro economies â€" the role of markets and government â€" Positive Vs negative externalities.
UNIT IIÂ Â Â Â Â Â Â Â Â Â Â CONSUMER AND PRODUCER BEHAVIOURÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 13
Market â€" Demand and Supply â€" Determinants â€" Market equilibrium â€" elasticity of demand and supply â€" consumer behaviour â€" consumer equilibrium â€" Approaches to consumer behaviour â€" Production â€" Short-run and long-run Production Function â€" Returns to scale â€" economies Vs diseconomies of scale â€" Analysis of cost â€" Short-run and long-run cost function â€" Relation between Production and cost function.
UNIT IIIÂ Â Â Â Â Â Â Â Â Â PRODUCT AND FACTOR MARKETÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 13
Product market â€" perfect and imperfect market â€" different market structures â€" Firm’s equilibrium and supply â€" Market eff iciency â€" Economic costs of imperfect competition â€" factor market â€" Land, Labour and capital â€" Demand and supply â€" determination of factor price â€" Interaction of product and factor market â€" General equilibrium and efficiency of competitive markets.
UNIT IV         PERFORMANCE OF AN ECONOMY â€" MACRO ECONOMICS                       13
Macro-economic aggregates â€" circular flow of macroeconomic activity â€" National income determination â€" Aggregate de
UNIT VÂ Â Â Â Â Â Â Â Â Â AGGREGATE SUPPLY AND THE ROLE OF MONEYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 13
Short-run and Long-run supply curve â€" Unemployment and its impact â€" Okun’s law â€" Inflation and the impact â€" reasons for inflation â€" Demand Vs Supply factors â€"Inflation  Vs Unemployement tradeoff â€" Phillips curve â€"short- run and long-run â€"Supply side Policy and management- Money market- Demand and supply of money â€" money-market equilibrium and national inc
TEXT BOOKS
TOTAL: 60 PERIODS
1. Â Paul A. Samuelson and William D. Nordhaus, Economics, 18th edition, Tata
McGraw Hill, 2005.
2. Â William Boyes and Michael Melvin, Textbook of economics, Biztantra, 2005.
3. Â N. Gregory Mankiw, Principles of Economics, 3rd edition, Thomson learning, New Delhi, 2007.
4. Â Richard Lipsey and Alee Charystal, Economics, 11th edition, Oxford
University Press, New Delhi, 2008.
5. Â Karl E. Case and Ray C. fair, Principles of Economics, 6th edition, Pearson
Education Asia, New Delhi, 2002.
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