PRINCIPLES OF ECONOMICS

D.COM PART-II

Total Marks: 50 Total Hours: 2 ½

Period: 03 per week Objective: 20 Marks (40%) 30 mint
Total Hours: Subjective: 30 Marks (69%) 02 Hours

Detail of course contents

(Principle of Economics)

FOR THE MONTH OF AUGUST, 2019

Contacts DAYS
Weeks Topic and Detail of Topic
Hours.

1 Definition of Economics and Basic

Concepts

1.1 Definition of Economics and merits, demerits

08 August, 2019
of definitions put forth by
st 40 mint
1 week i. Adam Smith
ii. Alfred Marshal
iii. Lionel Robbins

1.2 Basic concepts

i. Wants
ii. Value 09 AUGUST,2019
iii. Utility
iv. Wealth 40 mint
v. Goods
vi. Savings
vii. Investments

1.3 Economic System 10 August,2019

40 mint
1.3.1 Capitalism, Definition, Merits and Demerits.
1.3.2 Socialism, Definition, Merits and Demerits
1.3.3 Mixed Economic System, Definition, Merits and
Demerits
1.3.4 Islamic Economic System, Definition and Merits.

TEST 40 mint 16 August,2019

1.4 Consumer Behavior

2ND WEEK 40 mint 17 AUGUST,2019
 1.4.1 Concepts of Utility
1.4.2 Law of Diminishing Marginal Utility
1.4.3 Law of Equi-Marginal Utility

3RD WEEK 2 DEMAND

80 mint 22-23, August, 2019
2.1 Definitions
2.2 Law of Demand
2.3 Extension, Contraction, Rise and Fall in Demand
2.4 Elasticity of demand (definitions and,
measurement)

40 mint 24 August,2019
PRESENTATION

40 mint 29 August,2019
TEST

3 SUPPLY
4TH WEEK
3.1 Definition
80 mint 30-31ST August,2019
3.2 law of supply
3.3 Extension, Contraction, rise and fall in supply
3.4 Elasticity of Supply (Definition and
Measurement)
 SEPTEMBER

Weeks Topic and Detail of Topic Contacts DAYS

Hours.

4 MARKET EQUILLIBRIUM
ST 80 mint 5-6 Sep,2019
1 week 4.1 Concept of Equilibrium
4.2 Equilibrium of Demand and Supply

PRESENTATION 40 mint 7 SEP ,2019

5 FACTORS OF PRODUCTION

2nd week 5.1 Factors of Production

80mint
And 3rd 5.1.1 Land: Definition and Characteristic
week 5.1.2 Labor: Definition and Characteristics 40 mint
12 – 21st
5.1.3 Capital: Definition and role of capital in
September,2019
development 80 mint
5.1.4 Entrepreneur: Definition and its role in
Development 40 mint

40 mint 26th
GRAND TEST September,2019

80 mint 27-28
PRESENTATIONS September,2019
 FOR THE MONTH OF OCTOBER, 2019

Weeks Topic and Detail of Topic Contacts DAYS

Hours.

st
6 Macroeconomics national income 80 mint
1 week 6.1 Meaning
and 40 mint 3rd -12
6.2 Concepts of National income i.e. GNP, GDP, October,2019
2nd week NNP, NI, PI, DPI 80mint
6.3 Measurement of national income
40 mint
6.4 Difficulties in measurement in National Income.

TEST 40 mint 17 October,2019

PRESENTATIONS 80 mint 18-19

October,2019

4th week 7 Developed and under developed

80 mint 24-26
7.1 Meaning October,2019
7.2 Concepts of developed and under developed 40 mint
economy
 FOR THE MONTH OF NOVEMBER, 2019

Weeks Topic and Detail of Topic Contacts Days

Hours.

1ST 8 Developed and under developed 1-2nd

WEEK 80 mint November,2019
8.1 Characteristics of under developed countries
economy
8.2 Poverty and poverty line (elementary introduction)

2ND STUDENT WEEK 7-9th

WEEK November,2019

3RD AND REINFORCEMENT 80 mint

4TH 14-23rd
40 mint November,2019
week

5TH PRESENTATION 40 mint 28th

WEEK November,2019

TESTS 80 mint 29-30th

November,2019
 FOR THE MONTH OF DECEMBER, 2019

Weeks Topic and Detail of Topic Contacts DAYS

Hours.

1ST WEEK HOME EXAMS 5-7

December,2019

2ND WEEK Research skills 12-20

December,2019
Case studies or concept note

Result announcement 21st

December,2019

Winter Vocations
th
24 December to 28 February

FOR THE MONTH OF MARCH, 2019

Weeks Topic and Detail of Topic Contacts DAYS

Hours.

1ST WORKSHOP 12-19

WEEK March,2019
AND 2ND
WEEK