BBA202 Principals of Economics 2nd Semester AKTU BBA Notes

Unit 1 [Book]
Definition, Nature and Scope of Economics, Limitation of Economics VIEW
Fundamental Problems of Economic System VIEW
Micro Economics and Macro Economics VIEW
Role and Relevance of Economics in Decision Making VIEW
Utility Theories and Analysis VIEW
Marginal Theory of Utilities VIEW
Equi-Marginal Theory of Utility VIEW
Unit 2 [Book]
Meaning, Types of Demand VIEW
Determinants of Demand, Demand Functions VIEW
Law of Demand VIEW
Demand Curve and Nature of Curves VIEW
Elasticity of Demand VIEW
Indifference Curves Analysis VIEW
Consumer Equilibrium VIEW
Consumer Surplus, Price, Income and Substitution effect VIEW
Law of Supply VIEW
Supply Curve VIEW
Elasticity of Supply VIEW
Unit 3 [Book]
Production Function Meaning, Types, Factors VIEW
Analysis of Production Function VIEW
Fixed and Variable Production Factors VIEW
Law of Variable Proportion VIEW
Law of Returns to a Scale VIEW
Concept of Cost, Cost Function VIEW
Short Run Cost VIEW
Long Run Cost VIEW
Explicit Cost and Implicit Cost VIEW
Laws of Production VIEW
Laws of Increasing Returns VIEW
Laws of Constant Returns VIEW
Equal Product Curves and Producer equilibrium VIEW
Unit 4 Markets Structure [Book]
Meaning and Classification of Markets VIEW
Market Structures and their Making Features VIEW
Pricing under Various Markets Structures VIEW
Profit Planning and Management, Types of Profit VIEW
Factors determining Profit in Short and Long Term VIEW
Unit 5 [Book]
Balance of Payments, Concepts, Disequilibrium in BOP VIEW
Trade Barriers VIEW
Trade Strategy VIEW
Free Trade vs. Protection Trade VIEW
Trade Agreements VIEW
Measurement of Economic Development and Growth VIEW

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