FYBCOM ECONOMICS NOTES PDF

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Business Economics – I. FYBCOM. Semester I. 1. Introduction (10 Lec.) Scope and Importance of Business Economics – basic tools- Opportunity Cost principle- . REFERENCE OF , F.Y.B.A. AND STUDENTS. Business Economics I (Revised Syllabus) . Question 6 Write notes: (Any two). Business Economics, also called Managerial Economics, is the application of economic theory and methodology to business. Business involves.

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Business Economics – I FYBCOM Semester I

Basic economic relations – functional relations: Accounting cost and economic cost, implicit and explicit cost, social and private cost, historical cost and replacement cost, sunk cost and incremental cost -fixed and variable cost – total, average and marginal cost – Cost Output Relationship in the Short Run and Long Run hypothetical numerical problems to be discussed Extensions of Cost Analysis: Cost of Production 10 Lec.

Supply and Production Decisions fhbcom Lec. Could I get business studies notes for B. Com 1st year Books. Share this article to other B. There are two economics papers in B. Email to a Friend. Com 1st year Economics Books in pdf format for free.

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Ramkishor Garg says 11 months ago.

Meaning and significance – methods of demand estimation: Content in this Article. To stimulate the students interest by showing the relievable and use of various economic theories. You have no items in your shopping cart.

Economics Notes – 1st year Business Economics Syllabus & Books

Papers Results Syllabus Free Books. Short run analysis with Law of Variable Proportions- Production function with two variable fubcom isoquants, ridge lines and least cost combination of inputs- Long run production function and Laws of Econo,ics to Scale – expansion path – Economies and diseconomies of Scale and economies of scope 4.

But In some universities, there are no semesters for B. Market — Concept, meaning, Definition, Classification of market structures, Type Firm, Industry, Meaning, objectives, difference between Industry and firm.

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Notify me of new posts by email. Notify me of follow-up comments by email. Law of equi-marginal utility, Assumptions Limitations, Importance criticism of cardinal approach.

Business Economics – I FYBCOM Semester I

Demand Analysis 15 Lec. To expose students of Commerce to basic Micro Economics Concepts and inculcate in analytical approach to the subject matter. Elasticity of demand — Concept, kinds, definition Measurement of elasticity of demand, factors influencing elasticity of demand, Importance of elasticity of demand.

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Short run analysis with Law of Variable Proportions- Production function with two variable inputs- isoquants, ridge lines and least cost combination of inputs- Long run production function and Laws of Returns to Scale – expansion path – Economies and diseconomies of Scale and economies of scope. Demand Function – Nature of demand curve under different markets Meaning, significance, types and measurement of elasticity of demand Price, income cross and promotional – relationship between elasticity of demand and revenue concepts Demand Estimation and Forecasting: JavaScript seems to be disabled in your browser.

You must have JavaScript enabled in your browser to utilize the functionality of this website. Leave A Reply Cancel Reply. Essentials of Business Economics D. Theories of population, — Malthusian theory of population, Optimum theory of population, Demographic Transition Theory of population and criticism.

Gulafsha says 10 months ago. Isoquant curves, Definition, General properties of isoquant curves, Expansion path internal and external economic and diseconomies of scale, Ridge line.