hum103 business-economics th 1.10 ac26

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  • HUM103BusinessEconomicsLTPC3003

    VersionNo. 2CoursePrerequisites: NilObjectives:To introduce the business economics concepts and their applications for engineers. Theories and tools of economics in Business applications. ExpectedOutcome:Students should be aware of basic concepts of economics and theoretical significance in Business. UnitNo.1ConsumerPreferencesandDemandAnalysis 9hrsConsumer Behaviour- Utility analysis- Indifference Curves Equilibrium- Income and Price Effect- Slutsky Equation- Demand functions -Consumer Surplus Engel curve- Elasticity-Demand Forecasting Techniques. UnitNo.2ProductionAnalysis 9hrs Producers Behaviour- Production Function- Cobb Douglas, CES and Translog Functions- Law of Variable Proportion -Law of Return to Scale. UnitNo.3CostAnalysis 9hrs Cost and Revenue Functions -Short-Run and Long-Run-AC, MC, AR and MR- BreakEven Analysis. UnitNo.4MarketStructuresandPricing9hrsPerfect, Monopoly, Monopolistic and Oligopoly markets, Pricing Market Search. UnitNo.5GamesandInformation9hrsIntroduction to Game Theory - Strategic Equilibrium- Nash Equilibrium AsymmetricInformation - Insurance Risk and Uncertainty - Moral Hazard. TextBooks:1. Business Economics- J.A. Kay- Oxford University Press,- ISBN10: 0198292228 2. Micro Economic Analysis Varian H3. Micro Economic Theory: Mathematical Approach Henderson & Quandt. References:1. Varian H (1999), IntermediateMicroeconomics:AModernApproach, East West Press Pvt., Ltd, New Delhi. 2. Mandal R K (1999), MicroeconomicTheory, Atlantic Publishers, New Delhi. 3. Maurya M L (2002), Modern Microeconomics: Theory and Application, Manglam Publishers, New Delhi. 4. Stigler G (1985), TheoryofPrice, Prentice Hall, New Delhi. 5. Koutsyiannis A (1994), ModernMicroEconomics, MacMillan, London. 6. Pyndic & Rubin field - Micro Economics. ModeofEvaluation: Continuous Assessment (Quizzes, CATs, Assignments, etc.) and TEE RecommendedbytheBoardofStudieson: 04.04.2012 DateofApprovalbytheAcademicCouncil: 18.05.2012

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    Proceedings of the 26th Academic Council held on 18.5.2012

    Minutes of 25th Academic Council (06-04-2012).pdfMinutes of 25th Academic Council (06-04-2012)25AC Minutes - Signed page

    26th AC Minutes.pdfMinutes of the 26th AC26AC Signed last page

    SC_7.8.10_MAT511 Advanced Numerical Methods 3 1 0 4.pdfMinutes of the SC of AC (Aug 2010)Minutes of SC on 7Aug2010 - Signed page only1. Dir(Acad) items.pdfGraduandsListAug10 Final - For SC proceedingsSheet1

    Dir(Acad) itemsGraduandsList(04-Aug-2010)Graduands Summary

    Dir(Acad) itemsGraduandsList(04-Aug-2010)Graduands Summary

    Dir(Acad) items

    GraduandsListAug10 Final - For SC proceedings - Modified-27.8.10.pdfSheet1

    Minutes of the Standing Committee held on 07.08.2010.pdfMinutes of the SC of AC (Aug 2010)Minutes of SC on 7Aug2010 - Signed page onlyMinutes of the Standing Committee held on 07.08.10_pg3.pdfMinutes of the SC of AC (Aug 2010)Minutes of SC on 7Aug2010 - Signed page only

    26_cover page.pdfMinutes of 25th Academic Council (06-04-2012).pdfMinutes of 25th Academic Council (06-04-2012)25AC Minutes - Signed page

    26th AC Minutes.pdfMinutes of the 26th AC26AC Signed last page

    SC_7.8.10_MAT511 Advanced Numerical Methods 3 1 0 4.pdfMinutes of the SC of AC (Aug 2010)Minutes of SC on 7Aug2010 - Signed page only1. Dir(Acad) items.pdfGraduandsListAug10 Final - For SC proceedingsSheet1

    Dir(Acad) itemsGraduandsList(04-Aug-2010)Graduands Summary

    Dir(Acad) itemsGraduandsList(04-Aug-2010)Graduands Summary

    Dir(Acad) items

    GraduandsListAug10 Final - For SC proceedings - Modified-27.8.10.pdfSheet1

    Minutes of the Standing Committee held on 07.08.2010.pdfMinutes of the SC of AC (Aug 2010)Minutes of SC on 7Aug2010 - Signed page onlyMinutes of the Standing Committee held on 07.08.10_pg3.pdfMinutes of the SC of AC (Aug 2010)Minutes of SC on 7Aug2010 - Signed page only

    26_cover page.pdfMinutes of 25th Academic Council (06-04-2012).pdfMinutes of 25th Academic Council (06-04-2012)25AC Minutes - Signed page

    26th AC Minutes.pdfMinutes of the 26th AC26AC Signed last page

    SC_7.8.10_MAT511 Advanced Numerical Methods 3 1 0 4.pdfMinutes of the SC of AC (Aug 2010)Minutes of SC on 7Aug2010 - Signed page only1. Dir(Acad) items.pdfGraduandsListAug10 Final - For SC proceedingsSheet1

    Dir(Acad) itemsGraduandsList(04-Aug-2010)Graduands Summary

    Dir(Acad) itemsGraduandsList(04-Aug-2010)Graduands Summary

    Dir(Acad) items

    GraduandsListAug10 Final - For SC proceedings - Modified-27.8.10.pdfSheet1

    Minutes of the Standing Committee held on 07.08.2010.pdfMinutes of the SC of AC (Aug 2010)Minutes of SC on 7Aug2010 - Signed page onlyMinutes of the Standing Committee held on 07.08.10_pg3.pdfMinutes of the SC of AC (Aug 2010)Minutes of SC on 7Aug2010 - Signed page only