→ To familiarize the prospective engineers with elementary Principles of Economics and Business Economics.
→To acquaint the students with tools and techniques that are useful in their profession in Business Decision Making which will enhance their employability;
→To apply business analysis to the “firm” under different market conditions;
→To apply economic models to examine current economic scenario and evaluate policy options for addressing economic issues
→To gain understanding of some Macroeconomic concepts to improve their ability to understand the business climate;
→To prepare and analyze various business tools like balance sheet,cost benefit analysis and rate of returns at an elementary level.