Unit-I

• Introduction to economics

Learn the scope, nature, and importance of economics in daily life.

• Basic Economic Concepts

Understand key terms like scarcity, choice, and opportunity cost.

• Ten Principles of Economics

Discover the fundamental rules that guide economic decision-making.

• The basic economic problem

Learn why limited resources create choices and trade-offs.

Unit-II

• Theory of Consumer Choice - Utility Maximization

Learn how consumers make choices to maximize satisfaction.

• Consumer Choice theory : The Budget Constraint

Understand how income and prices limit consumer decisions.

• Microeconomics : Consumer Theory

Study individual demand and consumption behavior in markets.

Unit-III

• Introduction to Cost Theory

Learn about fixed, variable, and total costs in production.

• Difference between Monopoly, Oligopoly, & Competition

Compare how different market structures operate.

Unit-IV

• The Business Cycle

Understand phases like boom, recession, and recovery in the economy.

• Business Cycle in Engineering Economics

Learn how business cycles affect engineering projects and investments.

Unit wise PPT

• Unit - I (Economic Understandings)

• Unit - II (Theory of Consumer Behaviour)

• Unit - III (Cost Theory and Analysis)

• Unit - IV (National Income Accounting)

Learning Material

• Reference: Managerial Economics — An Introduction (overview)

• Reference: Managerial Economics Principles (v. 1.0)

• Reference: Misra & Puri — Indian Economy (key topics & summaries)

• Handout: Notes on Managerial Economics (concise study notes)

Sample Questions

• Unit-1

• Unit-2

• Unit-3

• Unit-4

Question Papers

• EE Question papers pdf

Practice Questions

• Unit-1

• Unit-2

• Unit-3

• Unit-4

Learn by doing

• Unit - I

  • Caselet Data Set

• Unit - II

  • Caselet Data Set

• Unit - III

  • Caselet Data Set

• Unit - IV

  • Caselet Data Set

Fun Quiz

• Quiz

Feedback Form

• Feedback Form