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Economics: An Orientation tothe Course – Content&Evaluation

Dr.Sunitha S,

 Assistant Professor,

School of Management Studies,

ational !nstitute of "echnolog#

Calicut 

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Common Economic Jargons!!

Merger Fixed cost Break even FDI vs FII

  GDP devaluation Pvt Ltd Infation

Foreign excange E"E# FMCG Fiscal de$cit

 %axes De&reciation cartels Pricing MIDC'P

Black mone( )%* disinvestment CPI

Li+uidit( ratio De,t ratio tagfation B*Pcrisis

edging 'r,itrage -enture ca&ital

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)./00

1 )( some countries are ricer 2ileoters are &oorer0

1 )( tere are fuctuations in 3u&ee

against oter currencies01 .o2 do &oor monsoons &ull do2n te

E"E# and "IF%/0

1 )at is Euro&ean crisis0

1 )( does value o4 3u&ee going do2n0

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 %o&ics to ,e discussed in teCourse duration

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Micro EconomicsMacro Economics

Monetar( EconomicsInternational EconomicsPu,lic Finance

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Micro Economics

1 Demand 'nal(sis56 Elasticit( o4 Demand 7 a&&lications

6 Demand Forecasting

1 %eories o4 Consum&tion and&roduction

1 Costs Conce&ts 7 ,eaviour

1 Economies o4 scale 7 sco&e

1 Pricing trategies

6 Market skimming8 &eak load &ricing

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1 Market structure

1 Pricing in di9erent market structures

1 Di9erential &ricing

1 Break even anal(sis

1 Game teor(

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Macro Economics

  "ational Income5 Conce&ts 7 measurementGDP8G"P8""P

  Infation and Defation

  Fiscal 7 Monetar( &olicies

  Indian Industries5 ' ectoral 'nal(sis

  Business C(cles3ecession8De&ression83ecover(8Boom:Pros&erit(

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Monetar( s(stem

1 Mone( Market

1 Ca&ital market

1 Commercial Banks

1 Develo&ment ,anks

1 3ole o4 3BI

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International Economics

1 International trade

1 Foreign excange market

1 Balance o4 Pa(ments ;B*P<versus Balance o4 %rade ;B*%<

1 Dise+uili,rium in B*P

13egulation o4 trade

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Pu,lic Finance

1 Pu,lic ex&enditure

1 %axation5 t(&es

1 Pu,lic De,t

1 Budget

1 Externalities

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Course evaluation

1 3elative Grading

1 %est =5 => marks

1 %est ?5 => Marks

1 'ssignments =@A=@

1 End emester exam ;>@ marks<

1 3elative grading

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Books 4or 3e4erence1Princi&les o4 Micro Economics8

;Gregor( " Manki2<

1Economics8amuelson8 P' and )D "ordaus

  Managerial Economics5 Peterson8 Le2is 7

 Jain  Micro Economics5 P(ndick 7 3u,in$eld1Books on Financial

Management:Monetar( Economics ,( an

Indian autor'dditional ,ooks 4or re4erence 2ould ,e in4ormed later