Business Economics

Course

Course Outcomes

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course Title

24EATG115

Business Economics

(Theory)

CO25: Explore the role of Micro Economics in business decisions and interpret the role of Micro and Macro Economics in decision-making. Students will analyze the law of demand and supply and develop an understanding of various types of elasticity of demand and supply

CO26: Examine the utility approach. Students will evaluate the concept of the indifference curve and budget line for making consumer choices in different situations

CO27:  Evaluate the concept of production and cost analysis in different time periods and also examine the practical approach of cost analysis through various practical problems

CO28:  Analyse the different market conditions taking the time element into consideration. Also able to interpret the market situation with real-world business trends.

CO29: Analyse different factors of production and its pricing policy. Students can also examine the modern approaches to factor pricing.

CO30: Contribute effectively in course-specific interaction

Approach in teaching: Interactive Lectures, Discussion, Practical cases Demonstration, Power point presentation.  

 Learning activities for the students: Self-learning assignments, Effective questions, Seminar presentation, Live practical problems analysis

Presentation, Report writing