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BUSINESS ECONOMICS

ECO113 4 Credits L:3 T:1 P:0

This course focuses on employability, entrepreneurship, and skill development, designed to enable students to examine central economic problems, demand and supply analysis, and macroeconomic strategies to address economic issues.

Study Units

Unit 1

Introduction

Unit 2

Cost, Revenue and Production Analysis

Unit 3

Market Structures

Unit 4

National Income

Unit 5

Consumption and Investment

Unit 6

Inflation

Continuous Assessment

2 components

Assignment 50%

A written report will be submitted by the students on the topic allotted to them (e.g., Organic Food Market Growth, Gig Economy).

Week 2 / 4

Rubric
Introduction (5 marks); Use of facts and figures (5 marks); Results and Discussion (10 marks); Conclusion (5 marks); Recommendations (5 marks)

Assignment - Case based 50%

Analysis of a caselet or case regarding topics from Units 2 to 4 to provide a solution using economic concepts.

Week 7 / 9

Rubric
I. Report Writing (15 marks); II. Presentation (15 marks)

Exams & Practice

Mid Term Examination

Mid-semester comprehensive evaluation

20%

All Subjective

Coming Soon

End Term Examination

Final semester comprehensive evaluation

50%

Type: Examination

All Subjective

Coming Soon

ECO113 - FAQs

How many units are in ECO113?

ECO113 has 6 units. Each unit includes detailed notes and MCQ practice questions.

What exam resources are available for ECO113?

Unit-wise notes and MCQ practice are available. Exam resources coming soon.

How to prepare for ECO113 exams?

Study each unit's notes thoroughly, practice MCQs to test understanding, and attempt mock tests before exams. Focus on important topics and previous year questions.