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Business Economics – I. FYBCOM. Semester I. 1. Introduction (10 Lec.) Scope and Importance of Business Economics – basic tools- Opportunity Cost principle- . REFERENCE OF , F.Y.B.A. AND STUDENTS. Business Economics I (Revised Syllabus) . Question 6 Write notes: (Any two). Business Economics, also called Managerial Economics, is the application of economic theory and methodology to business. Business involves.

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Business Economics – I FYBCOM Semester I

Short run analysis with Law of Variable Proportions- Production function with two variable inputs- isoquants, ridge lines and least cost combination of inputs- Long run production function and Laws of Returns to Scale – expansion path – Economies and diseconomies of Scale and economies of scope. Dwivedi Vikas Publishing House Edition no. Accounting cost and economic cost, implicit and explicit cost, social and private cost, historical cost and replacement cost, sunk cost and incremental cost -fixed and variable eeconomics – total, average and marginal cost – Cost Output Relationship in the Short Run and Long Run hypothetical numerical problems to be discussed Extensions of Cost Analysis: Junior Competitive Entrance Exams.


Quick View Wishlist Compare. Gulafsha says 10 months ago. Could I get business studies notes for B.

Meaning and significance – methods of demand estimation: Demand Analysis 15 Lec. Admit Cards Answer Key Que. Papers Results Syllabus Free Books. Email to a Friend.

Submit your name, email, state and updates category below. Essentials of Business Economics D. You must have JavaScript enabled in your browser to utilize the functionality of this website. Law of equi-marginal utility, Assumptions Limitations, Importance criticism of cardinal approach.

Economics Notes – 1st year Business Economics Syllabus & Books

Content in this Article. Com 1st year Economics Books in pdf format for free. You have no items in your shopping cart. Ramkishor Garg says 11 months ago.

Isoquant curves, Definition, General properties of isoquant curves, Expansion path internal and external economic and diseconomies of scale, Ridge line. Basic economic relations – functional relations: Notify me of new posts by email. JavaScript seems to be disabled in your browser.

Com 1st year Books. Market — Concept, meaning, Definition, Classification of market structures, Type Firm, Industry, Meaning, objectives, difference between Industry and firm. Theories of population, — Malthusian theory of population, Optimum theory of population, Demographic Transition Theory of population and criticism. Cost of Production 10 Lec. Elasticity of demand — Concept, kinds, definition Measurement of elasticity of demand, factors influencing elasticity of demand, Importance of elasticity of demand.


Demand Function – Nature of demand curve under different markets Meaning, significance, types and measurement of elasticity of demand Price, income cross and notss – relationship between elasticity of demand and revenue concepts Demand Estimation and Forecasting: Supply and Notrs Decisions 10 Lec.

Com – Ist Year P. But In some universities, there are no semesters for B.

Business Economics – I FYBCOM Semester I

To expose students of Commerce to basic Micro Economics Concepts and fyncom in analytical approach to the subject matter. To stimulate the students interest by showing the relievable and use of various economic theories.

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