ECONOMICS

Course Objectives

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→ 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.