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<p><span style="font-family: "times new roman", times; font-size: medium;"><strong>Click on the link below to open the pdf file:</strong></span></p> <p><strong>Department of Economics</strong></p> <p><strong>Course Outcomes</strong></p> <p><strong>Economics Minor(CCF)</strong></p> <p><strong>After completion of the course, the students will be able to:</strong></p> <table border="1" cellspacing="0" cellpadding="0"> <tbody> <tr> <td width="73" valign="top"> <p><strong>Semester</strong></p> </td> <td width="113" valign="top"> <p><strong>Paper</strong></p> </td> <td width="124" valign="top"> <p><strong>Paper Title</strong></p> </td> <td width="328" valign="top"> <p><strong>Course Outcomes</strong></p> </td> </tr> <tr> <td width="73" valign="top"> <p><strong>I</strong></p> </td> <td width="113" valign="top"> <p><strong>ECON-MD-CC1-1-Th</strong></p> <p><strong> </strong></p> </td> <td width="124" valign="top"> <p><strong>Microeconomics (I)</strong></p> <p><strong> </strong></p> </td> <td width="328" valign="top"> <p><strong>CO 1: </strong>Students will grasp foundational concepts such as supply and demand, market structures, and the role of government in the economy.</p> <p><strong>CO 2: </strong>Students will develop a clear understanding of key concepts in utility theory, including total utility, marginal utility, and the law of diminishing marginal utility.</p> <p><strong> CO 3: </strong>Students will grasp the fundamental concepts of demand and supply, including the laws of demand and supply, and how they interact to determine market equilibrium.</p> <p><strong>CO 4: </strong>Students will understand different market structures (perfect competition, monopoly, oligopoly, and monopolistic competition) and how they influence pricing and output decisions.</p> <p><strong>CO 5: </strong>Overall, analyzing market sensitivity and elasticity equips businesses and policy makers with the tools to make strategic decisions, enhance customer satisfaction, and improve economic outcomes.<strong> </strong></p> </td> </tr> </tbody> </table> <p><strong> </strong></p> <table border="1" cellspacing="0" cellpadding="0"> <tbody> <tr> <td width="73" valign="top"> <p><strong>Semester</strong></p> </td> <td width="113" valign="top"> <p><strong>Paper</strong></p> </td> <td width="123" valign="top"> <p><strong>Paper Title</strong></p> </td> <td width="329" valign="top"> <p><strong>Course Outcomes</strong></p> </td> </tr> <tr> <td width="73" valign="top"> <p><strong>II</strong></p> </td> <td width="113" valign="top"> <p><strong>ECON-MD-CC2-2-Th</strong></p> </td> <td width="123" valign="top"> <p><strong>Macroeconomics (I)</strong></p> </td> <td width="329" valign="top"> <p><strong>CO 1: </strong>Studying national income accounting is essential for several reasons, as it provides valuable insights into a country’s economic performance and overall health.</p> <p><strong>CO 2: </strong>the course aims to equip students with a comprehensive understanding of the Simple Keynesian Model in a closed economy, preparing them to analyze economic situations, assess policy implications, and engage in informed discussions about macroeconomic issues.</p> <p><strong>CO 3: </strong>the course aims to provide students with a comprehensive understanding of the basic theory of investment, equipping them with the analytical skills necessary to assess investment opportunities and their effects on the broader economy.</p> <p><strong>CO 4: </strong>the study of "The Classical System" aims to provide students with a comprehensive understanding of classical economic principles, their historical context, and their enduring influence on economic thought and policy. This foundation prepares students for further studies in economics and related fields.</p> <p><strong>CO 5: </strong>the study of inflation equips students with a comprehensive understanding of its mechanisms, effects, and policy implications, preparing them for informed discussions and analyses in economic contexts. This foundational knowledge is essential for careers in economics, finance, public policy, and related fields.<strong></strong></p> </td> </tr> <tr> <td width="73" valign="top"> <p><strong>Semester</strong></p> </td> <td width="113" valign="top"> <p><strong>Paper</strong></p> </td> <td width="123" valign="top"> <p><strong>Paper Title</strong></p> </td> <td width="329" valign="top"> <p><strong>Course Outcomes</strong></p> </td> </tr> <tr> <td width="73" valign="top"> <p><strong>II</strong></p> </td> <td width="113" valign="top"> <p><strong>ECON-MD-SEC1 (B)-1-Th/</strong></p> <p><strong>ECON-MD-SEC2 (B)-2-Th/</strong></p> <p><strong>ECON-MD-SEC3 (B)-3-Th/</strong></p> </td> <td width="123" valign="top"> <p><strong>Entrepreneurship and Development (ED)</strong></p> </td> <td width="329" valign="top"> <p><strong>CO 1: </strong>the program aims to equip students with a comprehensive understanding of the dynamics between entrepreneurship and economic development, preparing them for careers in business, policy-making, and economic research. This foundational knowledge fosters critical thinking and innovation in addressing contemporary economic challenges.</p> <p><strong>CO 2: </strong>the program aims to equip students with the knowledge and skills necessary to effectively secure and manage financial resources for new ventures. This foundational understanding prepares them for successful entrepreneurial endeavors and careers in finance, venture capital, and business development.</p> <p><strong>CO 3: </strong>the program aims to equip students with the knowledge and skills needed to develop and implement effective growth strategies in small businesses. This comprehensive understanding prepares them for successful careers in entrepreneurship, business management, and consulting, fostering innovation and sustainable business practices.</p> <p><strong>CO 4: </strong>the program aims to equip students with the knowledge and skills to recognize, analyze, and address the issues that lead to sickness in small businesses. This foundational understanding prepares them for careers in entrepreneurship, business consulting, and management, fostering resilience and adaptability in the business landscape.</p> <p><strong> </strong></p> </td> </tr> </tbody> </table> <p><strong> </strong></p> <table border="1" cellspacing="0" cellpadding="0"> <tbody> <tr> <td width="73" valign="top"> <p><strong>Semester</strong></p> </td> <td width="113" valign="top"> <p><strong>Paper</strong></p> </td> <td width="123" valign="top"> <p><strong>Paper Title</strong></p> </td> <td width="329" valign="top"> <p><strong>Course Outcomes</strong></p> </td> </tr> <tr> <td width="73" valign="top"> <p><strong>Semester-I/ II/ III]</strong></p> </td> <td width="113" valign="top"> <p><strong>Interdisciplinary Course (IDC)</strong></p> <p><strong> (ECON-MD-IDC1-1-Th/ ECON-MD-IDC2-2-Th/ ECON-MD-IDC3-3-Th)</strong></p> </td> <td width="123" valign="top"> <p><strong>Elementary Economics</strong></p> </td> <td width="329" valign="top"> <p><strong>CO 1: </strong>the course aims to equip students with a comprehensive understanding of elementary microeconomic concepts, preparing them for further studies in economics, business, and related fields. This foundational knowledge fosters analytical and critical thinking skills essential for evaluating economic behavior and policy.</p> <p><strong> CO 2: </strong>the course aims to equip students with a comprehensive understanding of elementary macroeconomic concepts, preparing them for further studies in economics, finance, and related fields. This foundational knowledge enhances critical thinking skills and the ability to analyze macroeconomic trends and policies.</p> <p><strong>CO 3: </strong>the course aims to equip students with a comprehensive understanding of elementary economic development concepts, preparing them for further studies in development economics, international relations, and related fields. This foundational knowledge fosters analytical skills necessary for evaluating and addressing economic development issues globally.</p> <p><strong> CO 4: </strong>the course aims to equip students with a comprehensive understanding of elementary concepts of Indian economics, preparing them for further studies in economics, public policy, and development. This foundational knowledge enhances analytical skills essential for assessing the unique challenges and opportunities within the Indian economic landscape.<strong> </strong></p> </td> </tr> </tbody> </table> <p><strong> </strong></p> <p><strong>Department of Economics</strong></p> <p><strong>PROGRAMME OUTCOMES</strong></p> <p><strong>Economics Minor (CCF)</strong></p> <p><strong>After completion of the programme, the students will be able to:</strong></p> <p><strong>PO 1:</strong> The program outcomes of a microeconomics course typically focus on several key areas:</p> <ol> <li><strong>Understanding Economic Principles</strong>: Students will grasp fundamental concepts such as supply and demand, market structures, and consumer behavior.</li> <li><strong>Analytical Skills</strong>: They will develop the ability to analyze economic models and apply them to real-world situations, enabling critical thinking about economic issues.</li> <li><strong>Application of Theories</strong>: Students will learn to apply microeconomic theories to policy decisions, business strategies, and personal finance.</li> <li><strong>Data Interpretation</strong>: They will gain skills in interpreting economic data and graphs, understanding how to draw conclusions from empirical evidence.</li> <li><strong>Ethical Considerations</strong>: The course will address the ethical implications of economic decisions and the impact on society.</li> <li><strong>Communication Skills</strong>: Students will improve their ability to communicate economic concepts clearly, both in writing and verbally.</li> <li><strong>Problem-Solving Abilities</strong>: They will enhance their problem-solving skills through case studies and real-world applications.</li> </ol> <p><strong>PO 2: </strong>The program outcomes of a macroeconomics course typically focus on the following areas:</p> <ol> <li><strong>Understanding Macroeconomic Principles</strong>: Students will gain a comprehensive understanding of key macroeconomic concepts such as GDP, inflation, unemployment, and economic growth.</li> <li><strong>Analyzing Economic Indicators</strong>: They will learn to interpret and analyze major economic indicators and their implications for the economy.</li> <li><strong>Application of Theories</strong>: Students will apply macroeconomic theories to evaluate fiscal and monetary policies, and understand their effects on overall economic performance.</li> <li><strong>Global Economic Context</strong>: They will develop an understanding of global economic interactions, including trade, exchange rates, and international economic policies.</li> <li><strong>Policy Evaluation</strong>: Students will gain skills in assessing the effectiveness of government policies and central bank actions in stabilizing the economy.</li> <li><strong>Critical Thinking and Problem Solving</strong>: They will enhance their ability to critically analyze macroeconomic issues and develop informed solutions.</li> <li><strong>Communication Skills</strong>: Students will improve their ability to communicate complex macroeconomic concepts clearly and effectively.</li> <li><strong>Ethical and Social Awareness</strong>: The course will address the social and ethical implications of macroeconomic policies, considering their impact on various populations.</li> </ol> <p><strong>PO 3(SEC): </strong>The program outcomes of a course in Entrepreneurship Development typically include the following:</p> <ol> <li><strong>Understanding Entrepreneurial Concepts</strong>: Students will gain a thorough understanding of fundamental concepts related to entrepreneurship, including the characteristics of successful entrepreneurs, types of businesses, and the entrepreneurial process.</li> <li><strong>Business Planning Skills</strong>: They will learn to develop comprehensive business plans that outline their business ideas, market analysis, operational plans, and financial projections.</li> <li><strong>Market Analysis</strong>: Students will acquire skills to conduct market research and identify opportunities, assessing market needs and competition effectively.</li> <li><strong>Innovation and Creativity</strong>: They will enhance their ability to think creatively and develop innovative solutions to problems, fostering a mindset conducive to entrepreneurship.</li> <li><strong>Financial Literacy</strong>: Students will learn financial management skills, including budgeting, funding options, and financial forecasting essential for running a successful business.</li> <li><strong>Risk Management</strong>: They will understand the risks involved in entrepreneurship and learn strategies to manage and mitigate those risks.</li> <li><strong>Networking and Collaboration</strong>: Students will develop skills for building professional networks and collaborating with others, including mentors, investors, and peers.</li> <li><strong>Ethical and Social Responsibility</strong>: The course will emphasize the importance of ethical decision-making and social responsibility in entrepreneurship, preparing students to create sustainable businesses that positively impact society.</li> <li><strong>Presentation and Communication Skills</strong>: They will improve their ability to present business ideas and communicate effectively with various stakeholders.</li> </ol> <p>10. <strong>Practical Experience</strong>: Many programs incorporate experiential learning opportunities, such as internships or projects, allowing students to apply their knowledge in real-world settings.</p> <p><strong>PO 4(INTER DECIPLINARY COURSE):</strong> The program outcomes of a course in Elementary Economics typically include the following:</p> <ol> <li><strong>Basic Economic Principles</strong>: Students will understand fundamental concepts such as supply and demand, scarcity, opportunity cost, and the role of incentives in decision-making.</li> <li><strong>Microeconomic Concepts</strong>: They will learn the basics of microeconomics, including consumer behavior, production, costs, and market structures.</li> <li><strong>Macroeconomic Overview</strong>: Students will gain an introductory understanding of macroeconomic principles, including GDP, inflation, unemployment, and economic growth.</li> <li><strong>Critical Thinking Skills</strong>: They will develop the ability to analyze economic problems and apply economic reasoning to everyday situations.</li> <li><strong>Data Interpretation</strong>: Students will learn to interpret basic economic data, charts, and graphs, enhancing their ability to draw conclusions from empirical evidence.</li> <li><strong>Policy Awareness</strong>: They will gain insight into how government policies affect the economy and individuals, including fiscal and monetary policies.</li> <li><strong>Ethical Considerations</strong>: The course will address ethical issues in economics, such as equity, fairness, and the impact of economic decisions on society.</li> <li><strong>Communication Skills</strong>: Students will improve their ability to communicate economic concepts clearly, both in writing and verbally.</li> <li><strong>Real-World Application</strong>: They will learn to apply economic principles to real-world situations, enhancing their understanding of personal finance, business, and public policy.</li> </ol> <p>10. <strong>Lifelong Learning</strong>: The course will foster a mindset of inquiry, encouraging students to continue exploring economic issues beyond the classroom.</p> <p><strong> </strong></p> <p><strong> </strong></p>
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