BBA-105 BUSINESS ECONOMICS
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BBA-105 BUSINESS ECONOMICS SOLVED PAPERS AND GUESS
Product Details: BBA-105 BUSINESS ECONOMICS
Format: BOOK
Pub. Date: NEW EDITION APPLICABLE FOR Current EXAM
Publisher: MEHTA SOLUTIONS
Edition Description: 2021-22
RATING OF BOOK: EXCELLENT
ABOUT THE BOOK
FROM THE PUBLISHER
If you find yourself getting fed up and frustrated with other JNU University book solutions now mehta solutions brings top solutions for JNU University BBA-105 BUSINESS ECONOMICS book contains previous year solved papers plus faculty important questions and answers specially for JNU University .questions and answers are specially design specially for JNU University students .
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BUSINESS ECONOMICSObjective : Toprovide the knowledge of economic theories and their application for managerial decisions.
Module I : Business Economics : Meaning, nature and scope. Difference between Traditional
economics and business economics. Role of Micro & Macro analysis informulation of business
policy; Inductive & deductive methods.
Module II : Consumer Behavior : Utility Analysis, Law of Diminishing Marginal Utility, Equi-
marginal utility, Consumer’ssurplus, Indifference curve analysis, consumer equilibrium –price,
income & substitution effect.
Module III : Demand analysis : Determinants and Changes in Demand, Law of Demand,
Elasticity of Demand & its Measurement,haa Demand Forecasting.
Module IVSupply analysis : Determinants and Changes inSupply. Law of Supply, Elasticity of Supply.
Module V : Production Analysis : Production Function in Short-Run and Long Run, Law of Variable
proportions, Returns toscale, production and Equal product curves, least cost combination. Cost concepts
and Revenue Analysis.
Module VI: Cost Analysis : Accounting Costs and Economic Costs, Short Run Cost Analysis :
Fixed, Variable and Total Cost, Curves, Average and Marginal Costs, Long Run Cost Analysis :
Economies and Diseconomies of Scale and Long Run Average and Marginal Cost Curves
Module VII : Markets : Meaning and structure, Price and output determination under Perfect
Competition, Monopoly, Discriminating Monopoly, Monopolistic competition and Oligopoly.
Module VIII : Pricing Under Various Market Conditions : Perfect Competition - Equilibrium
of Firm and Industry under Perfect Competition, Monopoly - Price Determination under
Monopoly, Monopolistic Competition - Price and Output
Module IX: Distribution : Marginal Productivity Theory ofDistribution, Rent, Modern Theory
of Rent, Wages : Wage Determination under Imperfect, Bargaining in Wage Determination,
Interest : Liquidity, Preference Theory of Interest
Module X : Concepts of Macro Economics : Definitions importance, growth, limitations of
macro-economics, macro-economic variables, Circular flow of income intwo, three, four sector
economy, relation between leak ages and injections in circular flow.
Module XI: Macro Market Analysis : Theory offull employment and income : classical, modern
(Keynes) approach, consumption function, relationship between saving and consumption.
Module XII : Investment function : concept of marginal efficiency of capital and marginal
efficiency of investment. National income determination in two, three and four sector models,
Multiplier in two, three and four sectors model.
Module XIII : Money Market : Functions and forms of money, demand for money-classical, Keynesian
and friedman approach, measures ofmoney supply, quantity theory of money, inflation and deflation.
Module XIV : National Income Determination : Concepts, definition, method of measuring,
National income in India, problems in measurement of national income & precautions in
estimation of national income.
Module XV: Equilibrium of Product and Money Market : The IS-LMmodel, product market
and money market, derivation, shift, Equilibrium of IS-LMcurve, Application of IS-LMmodel
in monetary and fiscal policy.
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