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Marks Allocation in B.Com 1st Semester for the New Education Policy (NEP):
The New Education Policy (NEP) brings about changes in the marking scheme for B.Com 1st Semester under Bangalore University. It is essential to understand how the marks are allocated for each chapter in order to effectively prepare for the exams. Here is a detailed explanation of the marks allocation for each chapter:
1. Chapter 1: Introduction to Business Economics
- This chapter provides an overview of the basic concepts and principles of business economics.
- It covers topics such as demand and supply, elasticity, production, costs, and market structures.
- The chapter carries a weightage of 10 marks.
2. Chapter 2: Theory of Demand
- This chapter focuses on the theory of demand, including concepts like demand function, demand elasticity, and demand forecasting.
- It also covers topics like consumer behavior and utility analysis.
- The chapter carries a weightage of 10 marks.
3. Chapter 3: Theory of Supply
- This chapter delves into the theory of supply, which includes concepts like supply function, supply elasticity, and factors affecting supply.
- It also covers topics such as production function and cost analysis.
- The chapter carries a weightage of 10 marks.
4. Chapter 4: Production and Cost Analysis
- This chapter explores the concepts of production and cost analysis in detail.
- It covers topics like production function, laws of returns, cost curves, and economies of scale.
- The chapter carries a weightage of 10 marks.
5. Chapter 5: Market Structures
- This chapter focuses on different market structures such as perfect competition, monopoly, monopolistic competition, and oligopoly.
- It covers topics like price determination, equilibrium, and market failures.
- The chapter carries a weightage of 10 marks.
6. Chapter 6: National Income Accounting
- This chapter deals with the measurement of national income and related concepts.
- It covers topics such as gross domestic product, national income identity, and various methods of measuring national income.
- The chapter carries a weightage of 10 marks.
7. Chapter 7: Money and Banking
- This chapter provides an understanding of the concepts of money, its functions, and the banking system.
- It covers topics like money supply, demand for money, central bank, and commercial banks.
- The chapter carries a weightage of 10 marks.
8. Chapter 8: International Trade
- This chapter focuses on the concepts of international trade, balance of payments, and trade barriers.
- It covers topics like comparative advantage, terms of trade, and foreign exchange market.
- The chapter carries a weightage of 10 marks.
Overall, each chapter in the B.Com 1st Semester under the New Education Policy (NEP) carries a weightage of 10 marks. It is important to study and understand these chapters thoroughly to score well in the examinations. Remember to refer to your textbooks, lecture notes, and practice previous years' question papers to enhance your preparation.