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Chapter wise Content
B.Com 1st Year Business Economics Syllabus
Unit I :- Introduction: Basic Problems of an Economy; Working of Price mechanism.
Unit II :- Elasticity of Demand: Concept and measurement of elasticity of demand; Price, income and cross elasticities; Average revenue, marginal revenue, and elasticity of demand; Determinates of elasticity of demand; Importance of elasticity of demand.
Unit III :- Production Function: Law of variable proportions; Iso-quants; Economic regions and optimum factor combination; Expansion path; Returns to scale; Internal and external economies and diseconomies; Ridge Lines.
Unit IV :- Theory of Costs: Short-ru and long-run cost curves – traditional and modern approaches.
Unit V :- Market Structures: Market structures and business decisions; Objectives of a business firm.
a. Prefect Competition: Profit maximization and equilibrium of firm and industry; Short-run and long-run supply curves; Price and output determination. Practical applications.
b. Monopoly: Determination of price Under monopoly; Equilibrium of a firm; Comparison between perfect competition and monopoly; Multi-plant monopoly; Price discrimination. Practical applications.
c. Monopolistic Competition: Meaning and characteristics; Price and output determination Under monopolistic competition; Product different ions; Selling costs; Comparison with perfect competition; Excess capacity under monopolistic competition.
d. Oligopoly: Characteristic, indeterminate pricing and output; Classical models of oligopoly; price leadership; Collusive oligopoly; Kinked demand curve.
Unit VI :- Factor Pricing-I: Marginal Productivity theory and demand for factors; Nature of supply of factor inputs; Determination of wage rates under perfect competition and monopoly; Exploitation of labor; Rent-concept; Ricardian and modern theories of rent; Quitrent.
Unit VII :- Factor Pricing-II: Interests-concept and theories of inters; Profit-nature, concepts, and theories of profit.
B.Com Business Economics Books Chapter Wise Download
- B.Com Business Economics Books Study Material Chapter 1 PDF Download
- B.Com Business Economics Books Study Material Chapter 2 PDF Download
- B.Com Business Economics Books Study Material Chapter 3 PDF Download
- B.Com Business Economics Books Study Material Chapter 4 PDF Download
- B.Com Business Economics Books Study Material Chapter 5 PDF Download
- B.Com Business Economics Books Study Material Chapter 6 PDF Download
- B.Com Business Economics Books Study Material Chapter 7 PDF Download
- B.Com Business Economics Books Study Material Chapter 8 PDF Download
- B.Com Business Economics Books Study Material Chapter 9 PDF Download
- B.Com Business Economics Books Study Material Chapter 10 PDF Download
- B.Com Business Economics Books Study Material Chapter 11 PDF Download
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- B.Com Business Economics Books Study Material Chapter 21 PDF Download
- B.Com Business Economics Books Study Material Chapter 22 PDF Download
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- B.Com Business Economics Books Study Material Chapter 24 PDF Download