15MM54A: Elements of Business Economics Office Mgmt 5th Sem Syllabus for Diploma DTE Karnataka C15 Scheme

Elements of Business Economics detail syllabus for Modern Office Management (78), C15 scheme is taken from DTE Karnataka official website and presented for diploma students. The course code (15MM54A), and for exam duration, Teaching Hr/week, Practical Hr/week, Total Marks, internal marks, theory marks, duration and credits do visit complete sem subjects post given below.

For all other office mgmt 5th sem syllabus for diploma c15 scheme dte karnataka you can visit Office Mgmt 5th Sem Syllabus for Diploma C15 Scheme DTE Karnataka Subjects. For all other ELECTIVE-1 subjects do refer to ELECTIVE-1. The detail syllabus for elements of business economics is as follows.

Pre-requisites:

Knowledge of Basic English and Business Studies.

Course Objectives:

The students shall be able to:

1. Explain the Basic Economic terms and concepts and identify the fundamental problems of Economic Systems.
2. Describe various aspects relating to Human Wants/Consumption/Utility/Demand
3. Examine the Function of Production and Supply.
4. Narrate the Concept of Market Structures and explain the price equilibrium under the Perfect and Monopolistic Competition.
5. Enumerate and elucidate the different concepts of National Income
6. Explain various theories relating to Money Supply and identify the remedial and corrective measures to control the Inflation and Deflation.

Course Outcomes:

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UNIT I: INTRODUCTION OF BUSINESS ECONOMICS:

Definitions – Meaning of Economics – Meaning of an Economy – Basic Problems of an Economy -Meaning – Formulation – Uses – Limitations of Economic Theory – Approaches to Economic Theory -Meaning – Uses – Limitations of Micro and Macro Economics – Micro Economics versus Macro Economics.

UNIT 2: CONSUMPTION:

Meaning – Characteristics – Types of Human Wants – Meaning – Types of Goods – Meaning -Characteristics – Importance – Types of Consumption – Meaning – Characteristics – Forms of Utility- Meaning – Assumptions – Importance of Law of Diminishing Marginal Utility – Meaning – Features of Demand – Demand Function – Concept of Law of Demand – Exceptions to the Law of Demand. – Factors Determining the Demand – Meaning – Types of Elasticity of Demand.

UNIT 3: PRODUCTION:

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UNIT 4: COST, REVENUE AND MARKET STRUCTURE:

Meaning – Types of Costs – Meaning – Types of Revenue – Meaning – Types – Features -Advantages and Disadvantages of Market Structures (Perfect and Monopolistic Competition) –

UNIT 5: NATIONAL INCOME:

Meaning of National Income – Different Concepts or Alternative Concepts of National Income

UNIT 6: THEORY OF MONEY:

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BOOKS RECOMMENDED:

1. Economics by B.S.Raman – United Publishers.
2. Business Economics by Dutt.R. – S.Chand and Company Ltd.
3. Economics – Appannaiah, Reddy and Shantha – Himalaya Publishers.
4. Essential of Business Economics – Dr.P.N.Reddy & H.R.Appannaiah.
5. Text Book of Economic Theory by Seth.
6. Principles of Economics by Boyes – Cengage Learning.

Reference Books:

1. www.vutbr.cz > Home > Studies > ECTS catalogue > Course detail
2. www.careerbuilder.com/jobs-essential-elements-of-business-economics
3. www.amazon.in/Business-Economics-Concepts-Cases-Elements/dp/1861520484
4. www.isec.ac.in/Elements_%20of_%20economics_%20of_%20industry.pdf

Course Delivery:

The course will be delivered through lectures and Power point presentations/ Video

Note to IA verifier:

The following documents to be verified by CIE verifier at the end of semester

1. Blue books ( 20 marks)
2. Student suggested activities report for 5 marks
3. Student feedback on course regarding Effectiveness of Delivery of instructions & Assessment Methods.

Model Question Paper:

(CIE)

1. Define Economics.
2. Discuss the limitations of Economic Theory

OR Record the factors determining the demand.

3. Differentiate between Micro and Macro economics

OR Explain the Law of Diminishing Marginal Utility.

4. Identify the different types of Elasticity if Demand

Note to IA verifier:

The following documents to be verified by CIE verifier at the end of semester

1. Blue books ( 20 marks)
2. Student suggested activities report for 5 marks and should be assessed
3. Student feedback on course regarding Effectiveness of Delivery of instructions & Assessment Methods.

Model Question Paper:

PART-A

(Answer any SIX Questions from this Section)

1. Define ‘Economics”?.
2. Explain the types of utility.
3. List out the factors determining the demand?
4. Distinguish between Supply and Stock.
5. Explain the average revenue and marginal revenue of the firm.
6. State the features of perfect competitive market.
7. Describe any five problems of measuring national income.
8. What is money? State the different types of money
9. State the effects of inflation?

PART-B

(Answer any SEVEN Questions from this Section) 10 x 7 = 70

1. Discuss the meaning of ‘Human Wants’? Explain the different types of Human Wants
2. Distinguish between Micro Economics and Macro Economics.
3. Enumerate the uses and limitation of economic theory?
4. Explain the law of diminishing marginal utility.
5. Explain the Concept of Supply? Name the Factors affecting Elasticity of Supply?
6. Explain the meaning of the term Production? Explain the factors of production.
7. Briefly explain the meaning of Cost. Explain the different types of Cost
8. State the features of perfect competitive market?
9. Explain the concept of GDP, NDP, GNP and NNP
10. Give the meaning of deflation. Suggest some remedial measures of the control of deflation.

For detail syllabus of all other subjects of BE Office Mgmt, C15 regulation do visit Office Mgmt 5 syllabus for C15 Regulation.

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