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Lecture Plan

1. The document is a lecture delivery report from the Department of A.S. & H. at Brown Hills College of Engineering and Technology. 2. It details 4 sections of a lecture covering topics in economics including definitions of economics, production possibility curves, laws of demand, elasticity, costs of production, and market structures. 3. The final section discusses supply and the determination of prices, the Indian economy, privatization, globalization, and international trade agreements.

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Irshad Ahmad
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40 views

Lecture Plan

1. The document is a lecture delivery report from the Department of A.S. & H. at Brown Hills College of Engineering and Technology. 2. It details 4 sections of a lecture covering topics in economics including definitions of economics, production possibility curves, laws of demand, elasticity, costs of production, and market structures. 3. The final section discusses supply and the determination of prices, the Indian economy, privatization, globalization, and international trade agreements.

Uploaded by

Irshad Ahmad
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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LECTURE

Brown Hills College Of Engineering And Technology


Dhauj, Faridabad, Haryana DELIVERY REPORT
Section
Department Of A.S. & H.
th
4 .Semester (Year 2010-11
Name of
Faculty: Course Code:
Subject: Subject Code:
Branch: Total Marks :

Unit No. Lect Date Details of topics covered Remarks Ref.


ure Books
No.
Section-A Definition of Economics - Principl
various definitions, Nature of es of
Economic problem, Econo
Production possibility curve, mics:
Economic laws and their P.N.
nature. Chopra
Relation between Science, (Kalyan
Engineering, i
Technology and Economics. Publish
Concepts and measurement of ers).
utility, Law of Diminishing
Marginal Utility
Law of equi-marginal utility,
practical application and Modern
importance of Law of Econo
equi-marginal utility. mic
Section-B Meaning of Demand, Theory
Individual and Market demand – K.K.
schedule, Law of demand, Dewett
shape of (S.Cha
demand curve, nd)

Elasticity of demand,
measurement of elasticity of
demand, factors
effecting elasticity of demand,
practical importance &
applications of the concept of
elasticity of demand.

Meaning of production and


factors of production, Law of
variable proportions, Returns
to
scale,
Internal and External
economics and diseconomies
of scale.
Section-C Various concepts of cost,
Fixed cost, variable cost,
LECTURE
Brown Hills College Of Engineering And Technology
Dhauj, Faridabad, Haryana DELIVERY REPORT
Section
average cost, marginal cost,
money cost, real cost
opportunity cost.
Shape of average cost,
marginal cost, total cost etc. in
short run and long run.
Meaning of Market, Types of
Market - Perfect Competition
(Main features of these
markets)
Monopoly, Oligopoly (Main
features of these markets)
Monopolistic Competition
(Main features of these
markets)
Section-D Supply and Law of Supply,
Role of Demand & Supply in
Price Determination,
effect
of changes in demand and
supply on prices.
Nature and characteristics of
Indian economy (brief and
elementary introduction),
Privatization - meaning, merits
and demerits
Globalisation of Indian
economy - merits and
demerits.
Elementary Concepts of VAT
WTO,
GATT & TRIPS agreement

Signature of Faculty Approved by HoD

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