BA Syllabus Gujarat University

Could you please provide me the syllabus BA Economics course offered by Gujarat University as I have heard that it is it has been revised this year so want to check it once?

[Kiran Chandar]

The syllabus BA Economics course offered by Gujarat University as you have heard that it is it has been revised this year so want to check it once is as follows:

Semester: I

Core CC - 101: Elementary Economics-1

Objective: The objective of this paper is to introduce the basic concepts of economics to the students so as to enable them for further learning in economics.

Outcome:
After studying this paper the student will be able to understand the basic concepts of economics and equip him/herself to understand the subject in more detail in later semesters.

Unit-1: Basic concepts and definition: Utility, Goods and services. Money, wealth and welfare. Value and price. Monetary income and real income. Scarcity of resources and problem of choice. Definitions of economics: Adam Smith, Marshall and Robbins. Micro economics and macro economics.

Unit-2: Demand analysis: Concept of utility. Law of diminishing marginal utility. Concept of equi-marginal utility, Meaning of demand. Derivation of demand curve with the help of utility analysis. Demand function. Law of demand. Expansion and contraction of demand. Increase and decrease in demand. Elasticity of demand, its types and their methods of calculation. Factors affecting elasticity of demand.

Unit-3: Supply analysis and price determination: Meaning of supply. Difference between supply and stock. Supply function. Law of supply. Expansion and contraction of supply. Increase and decrease in supply. Elasticity of supply and factors affecting elasticity of supply. Equilibrium price determination. Effect of changes in demand and supply on price-individually and jointly.

Unit-4: Factors of production and division of labor: Meaning and characteristics of land, labor, capital and entrepreneurship. Meaning, types, advantages and disadvantages of division of labor. Factors affecting division of labor. Production function: meaning, short run and long run production function.

BA Syllabus Gujarat University