1143: Economics KL Diploma Syllabus for CA&BM 1st Sem 2015 Revision SITTTR

Economics detailed syllabus for Computer Application & Business Management (CA&BM) for 2015 revision curriculum has been taken from the SITTTRs official website and presented for the CA&BM 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 Application & Business Management 1st Sem scheme and its subjects, do visit CA&BM 1st Sem 2015 revision scheme. The detailed syllabus of economics is as follows.

Course General Outcome

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Specific Outcome

Module 1:

1. Understand the nature and scope of Economics
   1. Outline the scope of Economics
   2. State various definitions of Economics
   3. Explain the features and drawbacks of various definitions of Economics
   4. Compare various definitions of Economics
2. Comprehend basic terms and concepts of Economics
   1. Define Human wants
   2. State the characteristics of wants
   3. Describe various classifications of human wants
   4. State different types of goods
   5. Meaning of wealth, welfare,Value, price, standard of living
3. Understand the law of diminishing marginal utility
   1. Identify the term utility in economics
   2. Explain the initial utility, total utility and marginal utility
   3. Evaluate the law of diminishing marginal utility
   4. Explain the limitations and exceptions of the law of diminishing marginal utility

Module 2:

1. Understand the theory of demand
   1. Explain the concept of demand
   2. State the factors affecting demand
   3. Types of demand
   4. State the law of demand and point out its assumptions
   5. Reasons for downward sloping of demand curve
   6. State various exceptions to the law of Demand
   7. Demand schedule and demand curve
   8. Explain the concept of elasticity of demand
   9. Explain various factors affecting the elasticity of demand.
2. Understand the theory
   1. Explain the law of supply
   2. State the exceptions to the law of supply

Module 3:

1. Recognize the term production
   1. Define production
   2. Explain various factors of production.
2. Understand scale of production
   1. Explain large scale production and small scale production
   2. Describe the advantages and disadvantages of large scale production
   3. Describe the advantages and disadvantages of small scale production
   4. Explain the importance of small scale industries in India

Module 4:

1. Understand market structures
   1. State different types of market forms
   2. Describe the features and conditions of various market structures
   3. Compare various market forms
   4. State different types of monopoly
2. Understand Pricing under different market structures
   1. State Cost and Revenue
   2. State different market periods
   3. Explain pricing under perfect competion, monopolistic competition and monopoly

Module 1:

For the complete syllabus, results, class timetable, and many other features kindly download the iStudy App
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Module 2

Meaning of Demand – factors affecting demand – types of demand – individual demand, market demand,derived demand, company demand, joint demand – Law of demand – assumptions and exceptions to the law – Reasons for downward sloping of demand curve – demand curve and demand schedule – elasticity of demand -factors affecting elasticity of demand – law of supply – exceptions to the law of supply

Module 3

For the complete syllabus, results, class timetable, and many other features kindly download the iStudy App
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Module 4

Different types of market forms – perfect competition, monopoly, monopolistic competition , oligopoly, duopoly – types of monopoly – natural monopoly, private monopoly, public monopoly , simple monopoly, legal monopoly, discriminating monopoly — pricing under perfect competition, monopoly and monopolistic competition – concept of cost and revenue – fixed, variable and total cost- marginal cost – average cost and average revenue – market perods – long , short and very short periods

BOOKS RECOMMENDED

For the complete syllabus, results, class timetable, and many other features kindly download the iStudy App
It is a lightweight, easy to use, no images, and no pdfs platform to make students’s lives easier.
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For detailed syllabus of all other subjects of Computer Application & Business Management, 2015 revision curriculum do visit CA&BM 1st Sem subject syllabuses for 2015 revision.

To see the syllabus of all other branches of diploma 2015 revision curriculum do visit all branches of SITTTR diploma 2015 revision.