Under Graduate Course: Engineering Economics

Duration: One Semester (Autumn/ Spring)

Activity Based Evaluation Scheme:

  • Mid Semester- 20 Marks
  • Internal Assessment- 20 Marks
  • End Semester- 60 Marks

The objectives of the course are to equip the students with the fundamentals of economics so that they are able to grasp any economic issues with ease. The course aim at helping the taught

  • To have an understanding of the fundamentals of Economics.
  • To make the learners understand how various economic systems help to solve the basic economic issues.
  • To create consciousness in them to be aware of all the current economic issues related to financial market, Budget, Monetary and Credit Policies etc as well as grasp the meaning of economic terms like consumer and market equilibrium etc.
  • To relate theoretical concepts in Economics with contemporary/modern business practices.
  • To predict the demand, cost, price, profit and capital requirements of a business organization.