BBA GENERALSEM-I ECONOMICS SYLABUS 2020, MDU ROHTAK

 

MAHARSHI DAYANAND UNIVERSITY, ROHTAK  

SYLLABUS FOR BBA GENERAL-I SEM

External Marks: 80

Internal Marks: 20

 Time: 3 hrs.

 

MICRO ECONOMICS FOR BUSINESS DECISIONS

PAPER CODE: BBA-106

 UNIT-I

Nature and scope of microeconomics, determinants of demand and law of demand, price, cross and income elasticity, law of supply, elasticity of supply, competitive equilibrium; consumer’s equilibrium- utility and indifference curve approaches.

UNIT-II

Short run and long run production functions, laws of returns; optimal input combination; classification of costs; short run and long run lost curves and their interrelationship; internal and external economies of scale, revenue curves; optimum size of the firm; factors affecting the optimum size, location of firms.

UNIT-III

Equilibrium of the firm and industry – perfect competition, monopoly, monopolistic competition, discriminating monopoly, aspects of non-price competition; oligopolistic behavior.

UNIT-IV

Characteristics of various factors of production; marginal productivity theory and modern theory of distribution; determination of rent; quasi rent; alternative theories of interest and wages.

SUGGESTED READINGS:

1. D. Salvatore, Microeconomic Theory, Tata McGraw Hill, New Delhi

2. Mark Hirschey, Managerial Economics, Thomson, South Western, New Delhi

3. R H Dholkia and A.N. Oza, Microeconomics for Management Students, Oxford University Press, New Delhi

4. P.L. Mehta, Managerial Economics, Sultan Chand, New Delhi

Note:

 1. Instructions for External Examiner: The question paper shall be divided in two sections. Section ‘A’ shall comprise of eight short answer type questions from whole of the syllabus carrying two marks each, which shall be compulsory. Answer to each question should not exceed 50 words normally.

2. Section ‘B’ shall comprise 8 questions (2 questions from each unit). The students will be required to attempt four questions selecting one question from each unit.

3. All questions will carry equal marks.

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