3rd Sem, CS&BS

CW3301: Fundamentals of Economics syllabus for CS&BS 2021 regulation

Fundamentals of Economics detailed syllabus for Computer Science & Business Systems (CS&BS) for 2021 regulation curriculum has been taken from the Anna University official website and presented for the CS&BS students. For course code, course name, number of credits for a course and other scheme related information, do visit full semester subjects post given below.

For Computer Science & Business Systems 3rd Sem scheme and its subjects, do visit CS&BS 3rd Sem 2021 regulation scheme. The detailed syllabus of fundamentals of economics is as follows.

Fundamentals of Economics

Course Objectives:

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Unit I

INTRODUCTION TO MICRO ECONOMICS 9 Introduction to Economics – Themes of Economics – Micro Vs Macro Economics- Demand curves and supply curves- Elasticity of Demand – Elasticity of Supply- Demand Curves of Households and firms

Unit II

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Unit III

PRODUCTION AND COST FUNCTION 9 Theory of Production – Production Function and Isoquants – Cost Minimization; Cost Curves – Total, Average and Marginal Costs – Long Run and Short Run Costs; Equilibrium of a Firm under Perfect Competition; Monopoly and Monopolistic Competition

Unit IV

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Unit V

BUSINESS CYCLES AND STABILIZATION 9 Monetary and Fiscal Policy – Central Bank and the Government; the Classical Paradigm – Price and Wage Rigidities – Voluntary and Involuntary Unemployment.

Course Outcomes:

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Text Books:

  1. Paul Anthony Samuelson, William D. Nordhaus, Economics, Nineteenth Edition, McGraw-Hill Education, 2010.
  2. N. Gregory Mankiw, Principles of Macroeconomics, Seventh Edition, Cengage Learning, 2018.
  3. Pindyck, Robert S and Daniel L. Rubinfeld , Micro Economics, Eighth Edition, 2013.

Reference Books:

  1. Dornbusch, Fischer and Startz, Macroeconomics, Tenth Edition, Tata Mcgraw Hill, 2012.
  2. Hal R, Varia, Intermediate Microeconomics: A Modern Approach, Eighth Edition Affiliated East-West Press, 2006

For detailed syllabus of all other subjects of Computer Science & Business Systems, 2021 regulation curriculum do visit CS&BS 3rd Sem subject syllabuses for 2021 regulation.

For all Computer Science & Business Systems results, visit Anna University CS&BS all semester results direct link.

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