SIR C R REDDY COLLEGE OF ENGINEERING

DEPARTMENT OF ELECTRONICS AND COMMUNICATION ENGINEERING

Subject: Principles of Economics and Management

Subject Code: 4.2.1

Branch: Electronics and Communication Engineering

1. TARGET:

a) Percentage of pass : 95
2. Course
b) Percentage of A grades : 90
description :
This course is to provide students with an overview of the concepts and fundamental of economics and
management. It also helps students in understanding the forms of business organizations. This course
provides the knowledge on conditions of different market structures. This course is to provide students
the knowledge on how to plan the various activities which are required in the daily business life. The
student gain sound knowledge on functional area of management. This course covers the topics like
kinds of economics, demand elasticity, law of diminishing marginal utility, perfect competition,
monopoly, sole proprietorship, partnership, partnership, public enterprises, functions of HRM, PM, FM
and MM, entrepreneurship and phases of installing a project.

3. Scope and objectives :

 Introduce students about the concepts of economics.

 To give information on different market structure

 To Describe the forms of business organization

 To provide basic knowledge on fundamental management.

 To introduce the concepts of various functional areas management.

 To provide an insight into entrepreneurship

  To describe the phases of installing a project.

4. Prerequisite:

Students are expected to know and understand the basic business terminology.

Relationship of Course Outcomes to Program Outcomes

On completion of this subject/course the students shall be able to:

S.No Course Outcomes

1 Understand the concept of economics, principles and functions of

management.
Have knowledge on forms of business organizations and conditions of
2
different market structure

3 Have clear picture on the functional areas of the management.

4 Understand the role on entrepreneurs and entrepreneurship in the

present business world
CO and PO
Mapping:

CO’s/PO’s a b c D e f g h i j k

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