ECONOMIC AND BUSINESS ENVIRONMENT

Paper Code: 
BCS 114
Credits: 
6
Contact Hours: 
90.00
Max. Marks: 
100.00
Objective: 

On completion of this course, the students will be able to;

CO 1:       To assess demand and supply determinants and their usage in business

CO 2:       Reviewing the union budget and it's it's critical examination

CO 3:       Analyzing the financial markets , their determinants and their functioning along with the authorities governing the markets

CO 4:       Hypothesizing the economy, entrepreneurship and also the key government institutions functioning at the central level

CO 5:       Analyzing the business environment and various government institutions.

Analyzing the Indian economy and its features.

18.00

Basic Elements of Demand and Supply                                                                   

  • Demand- Meaning, Demand Schedule, Individual and Market Demand Curve
  • Determinants of Demand, Law of Demand, Changes in Demand;
  • Supply- Meaning, Supply Schedule, Individual and Market Supply Curve, Determinants of Supply, Law of Supply, Changes in Supply;
  • Equilibrium of Demand and Supply- Determination of Equilibrium Price and Quantity, Effect of a shift in Demand or Supply; Elasticity of Demand and Supply

 

18.00

National Income Accounting and related concepts                                               

  • Meaning and methods to compute national income, key variables of national income

(GNP, GDP, NNP, NDP etc)

  • Indian Union Budget
  • Key terminologies/ heads covered under the budget, revenue and capital budget and its major components, meaning of fiscal deficit, components and variables covered under fiscal deficit.

 

 

18.00

: Indian Financial Markets                                                                                      

  • Overview of Indian financial ecosystem, key facets
  • growth of financial institutions, public and private sector banks, IFCI, SIDBI, RRB , cooperative banks, NBFC
  • Basics of capital market, financial assistance for   small and medium enterprises and start ups.

 

18.00

Indian Economy- An Overview                                                                              

  • Primary , secondary and tertiary activities, current scenario of agriculture and allied activities and service sectors in India, balance of payments and its components, favorable and unfavorable balance of trade, Foreign investments in India – types and
  • Flow.
  • Entrepreneurship Scenario
  • Government initiatives, need for entrepreneurship in India, Bottle necks in growth.

 

18.00

Business Environment                                                                                              

  • Overview, features and factors influencing business environment.
  • Features and factors influencing business environment, types of environment, ease of doing business index by world bank for India and department for promotion of industry and internal trade for states.
  • Key government institutions
  • Basic awareness about various institutions and regulatory bodies in India such as NITI aayog, MCA, SEBI, RBI, IBBI, CCI, NCLT, NCLAT etc

 

Essential Readings: 
  • Study Material Published by ICSI

 

References: 

SUGGESTED READINGS:

  • Scanner-Arun Kumar(ShuchitaPrakashans(P) Ltd)

e-RESOURCES:

https://www.icsi.edu/media/webmodules/CSEET/CSEET_EBE.pdf

JOURNALS:

https://www.icsi.edu/e-journals/

 

Academic Year: 
2022-2023
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