Hey there, are you preparing for the Gauhati University BCom 2nd Sem Semester Examination and looking for the Gauhati University Buisness Economics NEP FYUGP New Syllabus 2024? If yes then you have come to the right place. In this post, we have discussed the complete syllabus which you can read below
The objective of the Gauhati University BCom 2nd Sem Buisness Economics FYUGP course is To help the students acquire the conceptual knowledge of corporate accounting and learn the techniques of preparing financial statements.
GU B.Com 2nd Sem Buisness Economics (NEP) Latest Syllabus 2024
Unit 1: Business Economics
Meaning Definitions – Characteristics-Scope of Business Economics – Uses and Objectives of Business Economics Business ethics in economics performance, Micro & Macro Economic concepts
Unit 2: Theory of Demand and Analysis
Demand Demand Determinants Law of Demand Characteristics Exceptions-Elasticity of Demand
Price Elasticity – Types – Determining Factors – Change in Demand and Elasticity of Demand Business Applications of Price Elasticity – Concepts of Income and Cross Elasticity of Demand
Price Elasticity of Demand, demand forecasting methods of demand forecasting Survey of buyer’s intention
Collective opinion – smoothing techniques, analysis of time series and trend projection
Unit 3: Cost and Production Function
Cost concepts and classifications, Cost determinants, Cost-output relationshipin the Short and Long run, Economiesand Diseconomies of Scale, Production Function with One Variable Input – Law of Variable Proportions, Production Function with Two Variable Input-Law of Returns to Scale, Equilibrium Though Isoquants and Isocosts.
Unit 4: Market Structure
Perfect Competition Features Price and Output Determination Influence of Time Element on Price and Output, comparison between market price and normal price, Monopoly Features – Price and Output Determination Price Discrimination Price Output Determination Under Discriminating Monopoly, Monopolistic Competition-Features Price and Output Determination in Short Run and in Industry Features of Duopoly and Oligopoly.
Unit 5: Economic Environment of Business Decision making
GNP and GDP, Consumption savings and Capital Formation, Money Supply and Monetary Policy, Employment, Unemployment and Full Employment.
Books for Reference:
- D. M. Mithani: Business Economics.
- Koutsiyannis, Modern Micro Economic theory
- Dr. P. N. Reddy & H. R. Appanaiah: Essentials of Business Economics.
- K. K. Dewett: Economic Theory.
- M. L. Seth: Test Book of Economic Theory.
- Mote V. L. Peul. S & G. S. Gupta: Managerial Economics, TΜΗ.
- Sankaran: Business Economics.
- Varsheney & Maheswari: Managerial Economics
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