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Business Economics Osmania University BCOM 1st Semester 2025-26 Notes

by indiafreenotes15/06/202628/09/20261

Unit 1
Business Economics, Meaning, Nature, Characteristics, Importance and Role	VIEW
Micro Economics, Objectives, Scope	VIEW
Macro Economics, Objectives, Scope	VIEW
Law of Diminishing Marginal Utility	VIEW
Law of Equi-Marginal Utility	VIEW

Unit 2
Demand, Meaning, Function, Types of Demand	VIEW
Factors Influencing Demand	VIEW
Demand Curve	VIEW
Law of Demand	VIEW
Exceptions to the Law of Demand	VIEW
Elasticity of Demand, Concept, Types -Price, Income and Cross Elasticity of Demand	VIEW
Measurement of Elasticity	VIEW
Arc Method of Price Elasticity of Demand	VIEW
Point Methods of Price Elasticity of Demand	VIEW
Importance of various Elasticity of Demand	VIEW

Unit 3
Law of Supply	VIEW
Factors Influencing Supply	VIEW
Market Equilibrium	VIEW
Consumer Surplus	VIEW
Theory of Consumer Behavior	VIEW
Utility	VIEW
Indifference Curve Analysis	VIEW

Unit 4
Production, Concept, Function	VIEW
Total Production, Marginal Production, Average Production	VIEW
Returns to a Factor	VIEW
Law of Variable Proportions	VIEW
Law of Returns to Scale	VIEW
Isocost	VIEW
Isoquants	VIEW
Economies and Dis-Economies of Scale	VIEW

Unit 5
Cost, Concepts, Theory	VIEW
Traditional Approaches of Cost Theory	VIEW
Modern Approaches of Cost Theory	VIEW
Revenue Curves, Relationship between Total Marginal and Average Revenues	VIEW
Break Even Analysis, Meaning, Assumptions, Uses and Limitations	VIEW

Basics of Business Economics 1st Semester Osmania University BBA 2025-26 Notes

by indiafreenotes14/06/202612/10/20261

Unit 1
Business Economics, Meaning, Nature, and Scope, Importance in Decision-making	VIEW
Business Economics Relationship with Other Disciplines: Accounting, Finance, Marketing, And Managerial Economics	VIEW
Micro vs. Macro Business Economics Perspectives: Differences, Interdependence, and Applications to Business	VIEW
Basic Economic Problems of an Economy	VIEW
Scarcity, Choice	VIEW
Allocation of Resources	VIEW
Opportunity Cost	VIEW
Incremental Cost	VIEW
Marginalism, Concepts and Managerial Significance	VIEW
Equi-Marginal Principle, Applications in Business Decision Making	VIEW

Unit 2
Demand Concepts	VIEW
Determinants of Demand	VIEW
Law of Demand	VIEW
Movement vs Shift	VIEW
Price, Income, and Substitution Effects	VIEW
Elasticities of Demand: Price, Income, and Cross Elasticity Measurement and Importance in Business Decisions	VIEW
Measurement of Elasticity	VIEW
Demand Forecasting, Objectives	VIEW
Qualitative and Quantitative Demand Forecasting Methods	VIEW
Supply Analysis: Law of Supply	VIEW
Supply Determinants	VIEW
Supply Elasticity	VIEW

Unit 3
Production Function, Short-run and Long-run	VIEW
Law of Variable Proportions	VIEW
Returns to Scale	VIEW
Cost Concepts and Classification: Fixed, Variable, Total, Average, and Marginal Costs, Sunk Cost and Opportunity Cost	VIEW
Break-Even Analysis (BEP): Meaning, Significance, and Applications in Business Decisions	VIEW

Unit 4
Inflation, Meaning, Types (Demand-pull and Cost-push), and Impact on Business	VIEW
National Income Concepts: GDP, GNP, NNP, PCI Basic Understanding and Business Relevance	VIEW
Economic Environment of Business: Impact of Macroeconomic Factors (Growth, Trade, Policy) on Business Decisions	VIEW
Overview of Economic Reforms: Liberalization, Privatization, and Globalization (LPG) and their Influence on Indian Business	VIEW

P7 Managerial Economics BBA NEP 2024-25 2nd Semester Notes

by indiafreenotes16/12/202429/12/20241

Unit 1
Nature and Scope of Managerial Economics		VIEW
Opportunity Cost principle		VIEW
Incremental principle		VIEW
Equi-Marginal Principle		VIEW
Principle of Time perspective		VIEW
Discounting Principle		VIEW
Uses of Managerial Economics	VIEW	VIEW
Demand Analysis		VIEW
Demand Theory, The concepts of Demand		VIEW
Determinants of Demand		VIEW
Demand Function		VIEW
Elasticity of Demand and its uses in Business decisions		VIEW
**Measuring Elasticity of Demand		VIEW

Unit 2
Production Analysis: Concept of Production, Factors	VIEW
Laws of Production	VIEW
Economies of Scale	VIEW
**Return to Scale	VIEW
Economies of Scope	VIEW
Production functions	VIEW
Cost Analysis: Cost Concept, Types of Costs	VIEW
Cost function and Cost curves	VIEW
Costs in Short and Long run	VIEW
LAC	VIEW
Learning Curve	VIEW

Unit 3
Market Analysis/ Structure	VIEW
Price-output determination in Different markets, Perfect competition, Monopoly	VIEW
Price discrimination under Monopoly, Monopolistic competition	VIEW
Duopoly Markets	VIEW
Oligopoly Markets	VIEW
Different pricing policies	VIEW

Unit 4
Introduction to Macro Economics		VIEW
National Income Aggregates	VIEW	VIEW
Concept of Inflation- Inter- Sectoral Linkages:
Macro Aggregates and Policy Interrelationships
Tools of Fiscal Policies	VIEW	VIEW
Tools of Monetary Policies		VIEW
Profit Analysis: Nature and Management of Profit, Function of Profits		VIEW
Profit Theories		VIEW
Profit policies		VIEW

Managerial Economics LU BBA 2nd Semester NEP Notes

by indiafreenotes24/01/202229/12/20241

Unit 1
Nature and Scope of Managerial Economics		VIEW
Opportunity Cost principle		VIEW
Incremental principle		VIEW
Equi-Marginal Principle		VIEW
Principle of Time perspective		VIEW
Discounting Principle		VIEW
Uses of Managerial Economics	VIEW	VIEW
Demand Analysis		VIEW
Demand Theory, The concepts of Demand		VIEW
Determinants of Demand		VIEW
Demand Function		VIEW
Elasticity of Demand and its uses in Business decisions		VIEW
**Measuring Elasticity of Demand		VIEW

Unit 2
Production Analysis: Concept of Production, Factors	VIEW
Laws of Production	VIEW
Economies of Scale	VIEW
**Return to Scale	VIEW
Economies of Scope	VIEW
Production functions	VIEW
Cost Analysis: Cost Concept, Types of Costs	VIEW
Cost function and Cost curves	VIEW
Costs in Short and Long run	VIEW
LAC	VIEW
Learning Curve	VIEW

Unit 3
Market Analysis/ Structure	VIEW
Price-output determination in Different markets, Perfect competition, Monopoly	VIEW
Price discrimination under Monopoly, Monopolistic competition	VIEW
Duopoly Markets	VIEW
Oligopoly Markets	VIEW
Different pricing policies	VIEW

Unit 4
Introduction to Macro Economics		VIEW
National Income Aggregates	VIEW	VIEW
Concept of Inflation- Inter- Sectoral Linkages:
Macro Aggregates and Policy Interrelationships
Tools of Fiscal Policies	VIEW	VIEW
Tools of Monetary Policies		VIEW
Profit Analysis: Nature and Management of Profit, Function of Profits		VIEW
Profit Theories		VIEW
Profit policies		VIEW

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