Economics - What is economics?

What is Economics?

Economics is a science which studies human behavior as a relationship between ends and scarce means which have alternative uses.

OBJECTIVES:

To gain basic knowledge in Economics and understand the concept of management at the macroeconomics and microeconomics level.

Section A : Fundamentals of Economics

1. Basic concepts of Economics

2. Forms of Market

3. National Income

4. Money

5. Banking

Section B: Fundamentals of Management 50%

6. (a) Management Process

(b) Evolution of Management thought

7. (a) Concept of Power

(b) Leadership & Motivation

8. (a) Group Dynamics

(b) Management of Organizational Conflicts

9. Decision-making – types and process

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