NDSS Academy

Business Economics (BCA)

Demand, supply, elasticity, production, cost and market structures.

6 MonthsDuration 5Chapters23Topics
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Syllabus · पाठ्यक्रम

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01Unit 1: Introduction to Business Economics 4 topics
  1. Meaning, nature and scope
  2. Micro and macro economics
  3. Basic economic problems
  4. Production possibility curve and opportunity cost
02Unit 2: Demand Analysis 5 topics
  1. Law of demand and its exceptions
  2. Determinants of demand
  3. Price, income and cross elasticity
  4. Measurement of elasticity
  5. Demand forecasting basics
03Unit 3: Supply and Consumer Behaviour 4 topics
  1. Law of supply
  2. Market equilibrium
  3. Law of diminishing marginal utility
  4. Indifference curves and consumer equilibrium
04Unit 4: Production and Cost 5 topics
  1. Production function
  2. Law of variable proportions
  3. Returns to scale
  4. Short-run costs - TC, FC, VC, AC, MC
  5. Revenue concepts
05Unit 5: Market Structures 5 topics
  1. Perfect competition
  2. Monopoly
  3. Monopolistic competition
  4. Oligopoly
  5. Equilibrium of the firm - MR = MC

About

You will be able to

  • Explain the nature and scope of business economics and the basic economic problems
  • Apply the law of demand and measure price, income and cross elasticity
  • Explain consumer equilibrium using utility and indifference curve analysis
  • Describe production functions and calculate short-run costs
  • Compare perfect competition, monopoly, monopolistic competition and oligopoly

Who it is for

  • BCA students of Semester 3 (UP state universities, Lucknow University pattern)
  • Students who need economics for business software and MBA entrance

What you need

  • Class 12 level arithmetic; no prior economics needed

Questions

Which syllabus does this Business Economics course follow?

It follows the common UP state university BCA syllabus (University of Lucknow pattern) for BCA Semester 3. If your own university's syllabus differs, the centre follows your university's syllabus and unit order.

Is there any numerical work?

Yes - elasticity, cost and revenue calculations; the trainer gives step-by-step solved examples.

Do I need a commerce background?

No. Concepts are taught from the basics with graphs and daily-life examples.

Download the syllabus (PDF)

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