ANNUAL ACADAMIC PLAN 2022-23

ECONOMICS FIRST YEAR

Month& Periods
No,of allotted
Working for each
Topics to be covered Assignments/Unit tests/Exams
daya/No. topic.
Of periods
July Unit-1 : Introduction to Economics (18 periods)
24 1.1 Definitions of Economics 04
1.2 Fundamental problems of an Economy 02
1.3 Nature and Scope of Economics 02
04
1.4 Micro economics and Macro Economics
02
1.5 Positive and Normative Economics 04
1.6 Basic concepts of Economics
02
Unit-2 : Theories of Consumer Behaviour (17 periods) 04
2.1 Utility
2.2 Law of Diminishing Marginal Utility
Assignment-1
Aug 2.3 Law of Equi-marginal Utility 04
22 2.4 Shortcomings of Utility Analysis 02
2.5 Indifference Curve Analysis (budget line) 05
Unit-3 : Demand Analysis (19 periods)
Part-A : Theory of Demand
3.1 Meaning of Demand 01
3.2 Demand Function 01
3.3 Determinants of Demand 02
3.4 Types of Demand 01
3.5 Price Demand – Law of Demand 02
3.6 Income Demand 02
3.7 Cross Demand 02
Assingnment-2
Sep Part-B: Elasticity of Demand
25 3.8 Elasticity of Demand 01
3.9 Price Elasticity of Demand 02
3.10 Income Elasticity of Demand 02
3.11 Cross Elasticity of Demand 02
Unit Test-1
Unit-4 : Production Analysis (18 periods)
4.1 Concept of Production and Factors of Production 01
4.2 Production Function 01
4.3 Law of Variable Proportions 04
4.4 Law of Returns to Scale 02
4.5 Economies of Scale 03
4.6 Supply and Law of Supply 02
4.7 Cost Analysis 03
4.8 Revenue Analysis 02
Assingnment-3
Oct Unit-5 : Market Analysis (13 periods)
19 5.1 Markets: Meaning and Classification 02
5.2 Perfect Competition: Meaning, Characteristics and Price 05
Determination
5.3 Imperfect Competition: Monopoly, Comparison between 06
Perfect Competition and Monopoly, Monopolistic Competition,
Oligopoly and Duopoly
Unit-6: Theories of Distribution (12 periods)
6.1 Distribution of Income 01
6.2 Determination of Factor Price 02
6.3 The Marginal Productivity Theory of Distribution 02
Assingnment-4
Unit Test-2
Dasara Holidays
02-10-2022 to 09-10-2022
Nov 6.4 Rent: Concepts and The Ricardian Theory of Rent 02
24 6.5 Wages: Concepts and Types 02
6.6 Interest - Concepts 02
6.7 Profits Concepts 01
Unit-7: National Income Analysis (12 periods)
7.1 Definitions of National Income
7.2 Determining Factors of National Income 02
7.3 Concepts of National Income 02
7.4 Components of National Income 02
7.5 Measurement of National Income: Methods, Difficulties 02
and Importance 03
Half-Yearly Examinations (21-11-2022 to 26-11-2022)
Dec 7.6 Estimation of National Income in India 01
25 Unit-8: Theories of Employment and Public Finance (16 periods)
8.1 Classical Theory of Employment 02
8.2 Keynesian Theory of Income and Employment 03
8.3 Public Finance 04
8.4 Centre-State Financial Relations 04
8.5 Budget 03
Unit-9: Money, Banking and Inflation (14 periods)
Part-A: Money
9.1 Money: Concept, Evolution and Types 03
9.2 Functions of Money 03
9.3 Components of Money Supply 01
Assingnment-5
Unit Test-3
Jan Part-B: Banking
23 9.4 Banking: Commercial Banks Central Bank or Reserve Bank 02
of India:
9.5 Objectives and Functions 01
Part-C: Inflation
9.6 Inflation: Definitions and Types 02
9.7 Causes and Effects of Inflation 02
Unit Test-4
Unit-10 Basic Statistics for Economics (16 periods)
10.1 Concept of Statistics 01
10.2 Nature, Scope and Importance of Statistics for the 02
Study of Economics
10.3 Collection of Data 01
10.4 Diagrammatic Presentation of Data 04
10.5 Measures of Central Tendency 08
Assingnment-6
Sankranthi Holidays 13-01-2023 to 15-01-2023
Feb Pre -Final Revision (05 periods)
22 Pre-Final Examinations (06-02-23 to 13-02-23)
Revision classes for final examinations
March Revision Classes
23 IPE, March Public Examinations
15-03-2023
To
04-04-2023

Prepared by: DR. S. KARIMULLA, J.L. in Economics

GJC Sitaphalmandi, Secunderabad.