Economics Department

 

COURSE OUTCOMES

 

Micro Economics –I Consumer Behavior

•      competitive market and explain how that demand and supply together             determine equilibrium price.

Micro Economics -II Production and Price Theory

 

 

Macro Economics -I National Income, Employment and Money

Macro Economics –II Banking and International Trade

Paper – V Economic Development and Indian Economy

 

      •   Describe the inflationary trends and impact of MNC’s on Indian               Economy

 

• Identify the importance of Economics
• Understand that Economics is about the allocation of scarce resources,  that scarcity forces choice, trade-offs exist and that every choice has an   opportunity  cost.
• Understand functions Economy , behaviour of individuals in the market
• Understand how demand and supply affects market price
• Understand the role of marginal utility in price determination
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• Understand the classification of market
• Understand the classification of markets
• Understand the relation between interest and liquidity preference
• Describe theories of factor pricing
• Describe the classical and Keynesian theories of Interest
• Understand the theories of profit
• Identify the scope of Macro Economics
• Understand the theories of Employment
• Understand the role  of monetary and fiscal policy in a development
• Identify the evolution of money
• Identify the scope of Macro Economics
• Describe the National Income Accounting
• Understand impact of money multiplier
• Analyse different phases of trade cycles, demonstrate various phases of
• trade cycles, understand the impact of cyclical fluctuations on the
• growth of business, and lay policies to control trade cycles.
• Understand the commercial Banking
• Understand the role of central bank in a developing economy
• Understand the financial reforms
• Understand the International Trade
• Understand how exports and imports affect  Balance of Payments
• Understand how  the foreign exchange rate affects imports
• Understand the role of  International Financial Institutions
• Identify the India’s Foreign Trade Policy
• Understand the concepts of Economic Growth and Development
• Describe the role of  Planning Commission
• Understand the Population and Economic Growth
• Understand the importance of Human Capital Formation
• Identify the objectives of Economic Planning
• Identify the characteristics of Indian Economy as a Developing Economy
• Describe the Demographic trends in India
• Write down the role of Industrialization in Indian Economy
• Understand the India’s foreign trade

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  Paper – VI (Core Paper) Indian and Andhra Pradesh Economy

  Paper – VII-(A) (Elective Paper VII-(A) AGRICUTURAL ECONOMICS

  Paper VIII-A-1: Agribusiness Environment in Andhra Pradesh

   

   

  Paper VIII-A-2: Agricultural Output Marketing

   

  • Develop ideas of the basic characteristics of Indian economy and Andhra
  • Pradesh economy
  • Grasp the importance of planning undertaken by the government of
  • India, have knowledge on the various objectives, failures and
  • achievements as the foundation of the ongoing planning and economic
  • reforms taken by the government.
  • Understand agriculture as the foundation of economic growth and development, analyse the changing nature of agricultural sector and its Contribution to the Indian economy
  • Not only be aware of the economy as a whole, they would understand the basic features of Andhra Pradesh economy, sources of revenue,
  • How the state government finance its programmes and projects.
  • Develop ideas of the basic characteristics of Indian economy and Andhra Pradesh economy
  • Understand Backward and forward linkages of agriculture with rest of economyStudents will demonstrate importance of agricultural finance in modern
  • agriculture and inter linkage of agricultural credit and other input  markets and product marketsUnderstand the role of agriculture in   development process
  • Demonstrate production and processing trends in exports and imports of major agricultural commodities
  • Understand the marketing policy of agricultural commodities
  • Identify Inter-regional and international trade in agriculture
  • Asses the performance of the marketing systems of agricultural commodities and products
  • Develop an idea about the marketing structure of major agricultural commodities
  • Understand problems and challenges in agricultural marketing
  • Assesses the impact of WTO on Indian agriculture with special reference to Andhra Pradesh