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Savitribai Phule Pune University, Maharashtra
General
Business Economics (Micro) - I
Savitribai Phule Pune University, Maharashtra, General Semester 1, Business Economics (Micro) - I Syllabus
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Unit - 1 Introduction and Basic Concepts
1.1 Meaning Nature Scope and Importance of Business Economics
1.2 Concept of Micro and Macro Economics
1.3 Tools for Economic Analysis Functional Relationship Schedules Graphs and Equations
1.4 Basic Concepts Household Consumer Firm Plant and Industry
1.5 Goals of Firms Economic and Non Economic
Unit - 2 Consumer Behavior
2.1 Utility Concept and Types
2.2 Cardinal Approach Law of Diminishing Marginal Utility and Law of Equi Marginal Utility
2.3 Consumer Surplus Concept and Measurement
2.4 Ordinal Approach Indifference curve Analysis Concept Characteristics Consumer Equilibrium
Unit - 3 Demand and Supply Analysis
3.1 Concept of Demand
3.2 Determinants of Demand
3.3 Law of Demand
3.4 Elasticity of Demand
3.5 Supply Concept Determinants and Law of Supply
3.6 Equilibrium of Demand and Supply for Price Determination
Unit - 4 Production Analysis
4.1 Concept of Production Function
4.2 Total Average and Marginal Production
4.3 Law of Variable Proportions
4.4 Law of Returns to Scale
4.5 Economies and Diseconomies of Scale Internal and External
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Other Subjects of Semester-1
Compulsory english-i
Financial accounting- i
Business mathematics & statistics- i
Computer concepts and application - i
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