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Economics for Engineers (UNIT-1)

V SEMESTER HS-301

Department of Electrical and Electronics Engineering, BVCOE, New Delhi Subject: Economics for Engineers, Instructor: Dr. Sandeep Sharma

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Economics for Engineers �Course Objectives

  • To explain the basic micro and macro economics concepts.
  • To analyze the theories of production, cost, profit and break even analysis.
  • To evaluate the different market structures and their implication for the behavior of the firm.
  • To apply the basics of rational income accounting and business cycles

to Indian economy.

Department of Electrical and Electronics Engineering, BVCOE, New Delhi

Subject: Economics for Engineers, Instructor: Dr. Sandeep Sharma

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Economics for Engineers �Course Outcomes (CO)

  • CO1: Analyze the theories of demand, supply, elasticity and consumer choice in the market.
  • CO2: Analyze the theories of production, cost, profit and break even analysis.
  • CO3: Evaluate the different market structures and their implication for the

behavior of the firm.

  • CO4: apply the basics of rational income accounting and business cycles to Indian economy.

Department of Electrical and Electronics Engineering, BVCOE, New Delhi

Subject: Economics for Engineers, Instructor: Dr. Sandeep Sharma

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Economics for Engineers �Course Outcomes (CO)

Course Outcomes (CO to Programme Outcomes (PO) Mapping (scale 1: low, 2: Medium, 3: High

CO/PO

PO01

PO02

PO03

PO04

PO05

PO06

PO07

PO08

PO09

PO10

PO11

PO12

CO1

1

2

1

2

1

-

1

-

1

1

3

1

CO2

1

2

1

2

1

-

1

-

1

1

3

1

CO3

1

2

1

2

1

-

1

-

1

1

3

1

CO4

1

2

1

2

1

-

1

-

1

1

3

1

Department of Electrical and Electronics Engineering, BVCOE, New Delhi

Subject: Economics for Engineers, Instructor: Dr. Sandeep Sharma

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