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Principles Of Economics And Management (3140709)

Teaching Scheme (in Hours)

Theory Tutorial Practical Total
3 0 0 3

Subject Credit :  3

Examination Scheme (in marks)

Theory
ESE (E)
Theory
PA (M)
Practical
ESE Viva (V)
Practical
PA (I)
Total
70 30 0 0 100

Course Outcome

Course Outcomes

  1. CO-1 - Analyze how elasticity affects revenue. (25 %) 
  2. CO-2 Relate production function and cost function. (20 %)
  3. CO-3 Analyze the optimal quantity and pricing decisions of firms in different market structures (perfect competition, monopoly, monopolistic competition) to achieve profit maximization. (20 %)
  4. CO-4 Describe the basic principles of management: planning, organizing, controlling, and directing (25 %) 
  5. CO-5 Analyze ethical dilemmas faced by business and managers (20 %)

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