Business Economics Osmania University B.com 5th Semester Notes

Unit 1 Introduction {Book}
Business Economics Meaning, Nature, ScopeVIEW
Business Economics CharacteristicsVIEW
Business Economics ImportanceVIEW
Business Economics RoleVIEW
Micro Economics Scope, ObjectivesVIEW
Macro Economics Scope, ObjectivesVIEW
Law of Diminishing Marginal utilityVIEW
Law of Equimarginal utilityVIEW

 

Unit 2 Demand Analysis {Book}
Meaning, Function, Factors influencing DemandVIEW
Types of DemandVIEW
Demand CurveVIEW
Law of DemandVIEW
Exceptions to the Law of DemandVIEW
Elasticity of Demand: Concept, Types of elasticity of demand-Price, income and Cross Elasticity of DemandVIEW
Measurement of elasticity arc and point methodsVIEW
Importance of Various Elasticity of DemandVIEW

 

Unit 3 Supply Analysis {Book}
Law of SupplyVIEW
Factors influencing SupplyVIEW
Market EquilibriumVIEW
Consumer SurplusVIEW
Theory of Consumer behaviorVIEW
Utility and indifference curve analysisVIEW

 

Unit 4 Production Analysis {Book}
Concept of Production, Production functionVIEW
Total Production, Marginal Production, Average ProductionVIEW
Returns to a factorVIEW
Law of Variable ProportionsVIEW
Law of Returns to ScaleVIEWVIEW
Isocost,VIEW
IsoquantsVIEW
Economies and Dis-economies of ScaleVIEW

 

Unit 5 Cost And Revenue Analysis {Book}
Theory of Cost, Concepts of CostVIEW
Short run and Long run cost curvesVIEW
Traditional and Modern ApproachesVIEW
Revenue Curves Relationship between Total marginal and Average

revenues

VIEW
Break Even Analysis Meaning, Assumptions, Uses and LimitationsVIEWVIEW

 

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