CUET Exam Syllabus for Business Economics - Commerce PDF Download

 Page 1


ECONOMICS/BUSINESS ECONOMICS-309 
 
 
 
 
 
 
Unit I: Introduction to Microeconomics 
• What is microeconomics? 
• Central problems 
 
Unit II: Consumer Behaviour and Demand 
• Consumer’s Equilibrium: meaning and attainment of equilibrium through Utility Approach: One and two 
commodity cases. 
• Demand: market demand, determinants of demand, demand schedule, demand curve, movement 
along and shifts in the demand curve, price elasticity of demand, measurement of price elasticity of 
demand – percentage, total expenditure, and geometric methods 
 
Introductory Macroeconomics 
 
Unit III: National Income and Related Aggregates — Basic Concepts and Measurement 
• Macroeconomics: meaning. 
• Circular flow of income, concepts of GDP, GNP, NDP, NNP (at market price and factor cost). 
• Measurement of National Income –Value Added method, Income method, and Expenditure 
method. 
 
Unit IV: Determination of Income and Employment 
• Aggregate demand, aggregate supply, and their components 
• Propensity to consume and propensity to save (average and marginal) 
• Meaning of involuntary unemployment and full employment 
• Determination of income and employment: two-sector model 
• Concept of investment multiplier and its working 
• Problems of excess and deficient demand 
• Measures to correct excess and deficient demand – availability of credit, change in 
government spending 
 
Unit V: Money and Banking 
• Money: meaning, evolution, and functions 
• Central bank: meaning and functions 
• Commercial banks: meaning and functions 
 
Unit VI: Government Budget and the Economy 
• Government budget – meaning and its components 
• Objectives of government budget 
• Classification of receipts – revenue and capital; classification of expenditure – revenue and    
capital, plan and non-plan, and developmental and non-developmental 
• Balanced budget, surplus budget, and deficit budget: meaning and implications 
• Revenue deficit, fiscal deficit, and primary deficit: meaning and implications; measures to 
contain different deficits. 
Note:  
There will be one Question Paper which will have 50 questions out of which 40 questions need to be 
attempted. 
Page 2


ECONOMICS/BUSINESS ECONOMICS-309 
 
 
 
 
 
 
Unit I: Introduction to Microeconomics 
• What is microeconomics? 
• Central problems 
 
Unit II: Consumer Behaviour and Demand 
• Consumer’s Equilibrium: meaning and attainment of equilibrium through Utility Approach: One and two 
commodity cases. 
• Demand: market demand, determinants of demand, demand schedule, demand curve, movement 
along and shifts in the demand curve, price elasticity of demand, measurement of price elasticity of 
demand – percentage, total expenditure, and geometric methods 
 
Introductory Macroeconomics 
 
Unit III: National Income and Related Aggregates — Basic Concepts and Measurement 
• Macroeconomics: meaning. 
• Circular flow of income, concepts of GDP, GNP, NDP, NNP (at market price and factor cost). 
• Measurement of National Income –Value Added method, Income method, and Expenditure 
method. 
 
Unit IV: Determination of Income and Employment 
• Aggregate demand, aggregate supply, and their components 
• Propensity to consume and propensity to save (average and marginal) 
• Meaning of involuntary unemployment and full employment 
• Determination of income and employment: two-sector model 
• Concept of investment multiplier and its working 
• Problems of excess and deficient demand 
• Measures to correct excess and deficient demand – availability of credit, change in 
government spending 
 
Unit V: Money and Banking 
• Money: meaning, evolution, and functions 
• Central bank: meaning and functions 
• Commercial banks: meaning and functions 
 
Unit VI: Government Budget and the Economy 
• Government budget – meaning and its components 
• Objectives of government budget 
• Classification of receipts – revenue and capital; classification of expenditure – revenue and    
capital, plan and non-plan, and developmental and non-developmental 
• Balanced budget, surplus budget, and deficit budget: meaning and implications 
• Revenue deficit, fiscal deficit, and primary deficit: meaning and implications; measures to 
contain different deficits. 
Note:  
There will be one Question Paper which will have 50 questions out of which 40 questions need to be 
attempted. 
ECONOMICS/BUSINESS ECONOMICS-309 
 
 
Unit VII: Balance of Payments 
• Foreign exchange rate – meaning (fixed and flexible), merits and demerits; determination 
through demand and supply 
• Balance of payments accounts – meaning and components 
• A brief analysis of recent exchange rate issues 
 
INDIAN ECONOMIC DEVELOPMENT 
Unit VIII: Development Experience (1947-90) and Economic Reforms since 1991 
A brief introduction of the state of the Indian economy on the eve of independence. Indian 
economic system and common goals of Five year Plans. 
Main features, problems and policies of agriculture (institutional aspects and new agricultural 
strategy), industry (IPR 1956; SSI – role & importance) and foreign trade. 
Unit IX: Current challenges facing the Indian Economy 
Poverty – absolute and relative; Main programmes for poverty alleviation: A critical 
assessment; 
Human Capital Formation – How many people become resource; Role of human capital 
in economic development; 
Rural development: Key issues – credit and marketing – role of cooperatives; agricultural 
diversification; 
Employment: Growth and changes in work force participation rate in formal and informal 
sectors; problems and policies 
Infrastructure: Meaning and Types: Cases Studies: Health: Problems and  
Policies – A critical assessment; 
Sustainable Economic Development: Meaning, Effects of Economic Development on 
Resources and Environment, including global warming 
 
Unit X: Development Experience of India  
? A comparison with neighbours 
? India and Pakistan 
? India and China 
? Issues: economic growth, population, sectoral development and other Human 
Development Indicators