Engineering Economics detailed syllabus scheme for B.Tech Electrical Engineering (EE), 2018-19 onwards has been taken from the DBATU official website and presented for the Bachelor of Technology students. For Subject Code, Course Title, Lecutres, Tutorials, Practice, Credits, and other information, do visit full semester subjects post given below.
For all other DBATU Syllabus for Electrical Engineering 3rd Sem 2018-19, do visit EE 3rd Sem 2018-19 Onwards Scheme. The detailed syllabus scheme for engineering economics is as follows.
Engineering Economics Syllabus for Electrical Engineering (EE) 2nd Year 3rd Sem 2018-19 DBATU
Pre-requisite:
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Course Outcomes:
- To study concept of time value of money
- To study about demand in detail
- To understand Meaning of Production and factors of production,
- To understand dif Concept about market
Unit 1
Introduction to the subject: Micro and Macro Economics, Relationship between Science, Engineering, Technology and Economic Development. Production Possibility Curve, Nature of Economic Laws.
Unit 2
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Unit 3
Meaning of Demand, Law of Demand, Elasticity of Demand; meaning, factors effecting it and its practical application and importance. Demand forecasting (a brief explanation)
Unit 4
Meaning of Production and factors of production, Law of variable proportions and returns to scale. Internal and external economies and diseconomies of scale. Concepts of cost of production, different types of costs; accounting cost, sunk cost, marginal cost, Opportunity cost. Break even analysis, Make or Buy decision (case study) Relevance of Depreciation towards industry.
Unit 5
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Unit 6
Indian Economy, nature and characteristics. Basic concepts; fiscal and monetary policy, LPG, Inflation, Sensex, GATT, WTO and IMF. Difference between Central bank and Commercial banks
Reference Book:
- Chopra P. N., Principle of Economics, Kalyani Publishers
- Dewett K. K., Modern economic theory, S. Chand
- H. L. Ahuja., Modern economic theory, S. Chand
- Dutt Rudar and Sundhram K. P. M., Indian Economy
- Mishra S. K., Modern Micro Economics, Pragati Publications
For detail syllabus of all other subjects of Electrical Engineering (EE) 3rd Sem 2018-19 regulation, visit EE 3rd Sem Subjects syllabus for 2018-19 regulation.