Business Economics CSJMU NEP BBA Notes

Unit 1 {Book}
Introduction to Business Economics: Nature and Scope of Business Economics VIEW
Its relationship with other subjects VIEW
Fundamental Economic Tools: Principle of time perspective, Discounting principle VIEW
Opportunity cost concept VIEW
Incremental concept VIEW
Equi-marginal principle VIEW
Unit 2 {Book}
Demand Analysis: Concept of Demand & Types of demand VIEW
Law of demand VIEW VIEW
Demand determinants VIEW
Price, Income, Substitution effects VIEW
Elasticity of demand Meaning, Types VIEW
Measurement and Significance in Managerial decisions VIEW
Revenue concepts VIEW
Concept of Demand forecasting and Methods of Demand forecasting VIEW
Unit 3 {Book}
Production and Cost Analysis VIEW
Production function VIEW VIEW
Law of Variable proportion VIEW
Laws of return to scale VIEW
Various cost concepts and classification VIEW VIEW
Cost output relationship in Short run & long run VIEW
Short run and Long run Cost curves VIEW
Economics and diseconomies of scale VIEW
Unit 4 {Book}
Nature of Market VIEW
Types of markets and their characteristics VIEW
Pricing under different market structures:
Pricing under Perfect competition VIEW
Pricing under Monopoly competition VIEW
Pricing under Oligopoly competition VIEW
Pricing under Monopolistic competition VIEW
Profit, Functions of profit VIEW
Profit maximization VIEW
Break even analysis VIEW
Inflation VIEW VIEW
National income VIEW

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