Your roadmap · आपका रोडमैप
- 1
Admission & first meetingप्रवेश और पहली मुलाकातEnquire at your nearest NDSS centre, meet the teacher, fix the batch time and get your study material.
- 2
Part 1 of the syllabusपाठ्यक्रम भाग 1Unit-wise coaching with notes and doubt classes.
Unit 1: Introduction to Business EconomicsUnit 2: Demand, Supply and ElasticityUnit 3: Consumer Behaviour
- 3
Part 2 of the syllabusपाठ्यक्रम भाग 2Unit-wise coaching with notes and doubt classes.
Unit 4: Production and CostUnit 5: Market Structures and Pricing
- 4
Unit tests & assignmentsयूनिट टेस्टRegular tests in the university / board pattern.
- 5
Semester 2 exam (university / board)विश्वविद्यालय / बोर्ड परीक्षाPrevious papers and full revision before the exam.
- 6
Online tests & resultऑनलाइन टेस्ट और रिज़ल्टTake the tests online; your marks and result show in your student login and at the centre.
Syllabus · पाठ्यक्रम
1 subject · 5 chapters · 26 topics
01Unit 1: Introduction to Business Economics
5 topics+
- Meaning, nature and scope
- Micro and macro economics
- Basic economic problems
- Production possibility curve
- Opportunity cost
02Unit 2: Demand, Supply and Elasticity
6 topics+
- Law of demand and its exceptions
- Determinants of demand
- Law of supply
- Market equilibrium
- Price, income and cross elasticity of demand
- Measurement of elasticity
03Unit 3: Consumer Behaviour
5 topics+
- Cardinal utility and law of diminishing marginal utility
- Law of equi-marginal utility
- Indifference curves and their properties
- Consumer's equilibrium
- Consumer surplus
04Unit 4: Production and Cost
5 topics+
- Production function
- Law of variable proportions
- Returns to scale
- Fixed, variable, average and marginal costs
- Revenue concepts
05Unit 5: Market Structures and Pricing
5 topics+
- Perfect competition: features and equilibrium
- Monopoly and price discrimination
- Monopolistic competition
- Oligopoly
- Equilibrium condition MR = MC
About this course
You will be able to
- Explain the nature and scope of business economics and basic economic problems
- Apply the laws of demand and supply and calculate elasticity of demand
- Analyse consumer behaviour using utility and indifference curve approaches
- Explain production functions and short-run and long-run cost concepts
- Explain price and output determination under perfect competition, monopoly, monopolistic competition and oligopoly
Who it is for
- B.Com students (General and Accounting & Taxation streams) of Semester 2 under the UP State Universities NEP 2020 syllabus
- Students who want clear diagrams and numericals for demand, cost and market questions
What you need
- Class 12 pass; basic arithmetic and graph reading
Online tests & result
Practice and unit tests online; marks and result show in your student login and at the centre.
Student login →
Questions
Are diagrams compulsory in answers?
Diagrams make economics answers complete and earn marks, so we practise all standard curves.
Is there mathematics in this paper?
Only simple numericals on elasticity, cost and revenue, which are solved step by step in class.
Which syllabus does the course follow?
It follows the UP State Universities NEP 2020 common minimum syllabus for B.Com. Where your own university's syllabus differs, the centre teaches as per your university syllabus and papers.
