F.Y. B.COM SEM-1ST ECONOMICS
1 Introduction To Behavioral Economics 1.1 Evolution of Economics 1.2 Interdisciplinary Approach To Economics 1.3 Economics & Socio- Economic Conditions …
1 Introduction To Behavioral Economics
1.1 Evolution of Economics
1.2 Interdisciplinary Approach To Economics
1.3 Economics & Socio- Economic Conditions
1.3.1 Economics & Political Science
1.3.2 Economics & Administration
1.3.3 Economics & Mathematics
1.3.4 Economics & Ethics
1.4 Basic Economic Problems
1.5 Different Approach To Solve the Problems
1.6 Micro Economics and Macro economics
2 Demand and supply analysis
2.1 Definitions, Factors, Influencing Demand, Derivation OF Demand Curve, Features Of Demand Curve, Changes In Demand Curve.
2.2 Definitions, Factors, Influencing & Supply, Features Of Supply Curve, Changes In Supply Curve
2.3 Demand & Supply Equations
2.4 Elasticity Of Demand & Revenue : Price, Income & Cross Elasticity
2.5 Simple Problems on Elasticity Of Demand or Demand
2.6 Concepts Of Consumer Surplus
1. Cost Concepts
3.1 Meaning and Determinants of cost
3.2 Concepts of: Economics cost, opportunity cost, Fixed and Variable cost, sunk n cost, Short-run and long-run cost.
3.3 Short-run cost Functions: TC, TFC, TVC,AC,MC and its shape.
3.4 long-run cost Bahaviour: LRAC, its U-shaped , L- shaped and Elongated U- shaped.
3.5 Economics and Diseconomies of Scale
3.6 Simple calculations on short-run cost/Estimate of cost
4 Theory of production and law of production.
4.1 Factors Influencing production: Land, Labour, Capital, Entrepreneurs
4.2 Theory of Production: Cobb Douglas production Function .
4.3 The Laws of Variable Proportions
4.4 The Laws of Returns to Scale
4.5 Concept of Isoquants and Iso-costline