The objective of this course is to acquaint the students with concepts and techniques used in Micro-economic theory and to enable them to apply this knowledge in business decision-making
Course Outcome (COs):
Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
|
Paper Code |
Paper Title |
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AAF 216 |
Micro Economic Theory
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Upon successful completion of this course, the student will be able to:
CO 69: Construct introductory knowledge of micro and macroeconomics and understand the Interdependence on each other. CO 70: Develop an ability to understand comprehend the mechanism of the concept of utility and indifference curve approach CO 71: Analyze the concept of the law of demand and its elasticity and also know about the law of supply CO 72: Evaluate how price and output determined under different market structures are working. CO 73: Formulate an understanding and acquire knowledge about different concepts of cost and cost curves also learn the functionality of the law of productions. |
Approach in teaching: Interactive Lectures, Discussion, Tutorials, Reading assignments, White board teaching
Learning activities for the students: Self learning assignments, Effective questions, Giving tasks |
Written tests, Presentations/ Assignment/Quiz. |