Showing posts with label Hum-1103. Show all posts
Showing posts with label Hum-1103. Show all posts

Wednesday, March 2, 2016

Hum-1103 English and Economics

4 hours/week  Credit: 4

English: Comprehension with precis writing, Completing sentences, Correction of sentences, Combination of sentences, Framing WH questions, Sentence making with the expression of attitudes/emotions, Amplification or dialogue  writing, Framing sentences with idioms and phrases, Using appropriate prepositions, Changing the form of speech. Translation and re-translation, Letter writing: Formal, Paragraph writing, Free compositions: on selected topics (within 3000-4000 words).

Economics:
Introduction: Definition, Scope of economics, Importance and Uses of economics. Engineering Economics, Importance of economics for engineers.

Basic Economic Concepts: Wants, Wealth, Goods, Value, Price, Utility, Production, Income, Consumption, Savings, Investment, Exchange, Distribution, Firm and Industry, Equilibrium, Micro Economics, Macro Economics, Open Market Economy, Controlled Economy.

Nature of Economic Problems and its Solution: Nature of Economic Problems in Human life, Different Levels of Activities in Solving Economic Problems. (Production-Exchange-Distribution-Consumption), Price Mechanism.

Utility: Meaning of Total utility and Marginal Utility, Law of Diminishing Marginal Utility, Limitation of the Law Diminishing Marginal Utility. Consumer's Surplus, Importance of the Concept of Consumer's Surplus.

Demand Analysis: Meaning of Demand, The law of Demand, Exception to the Law of Demand, Demand Schedule, Demand Curve, Types of Demand, Contraction and Extension of Demand, Increase and decrease of Demand, Causes in Demand.

Elasticity of Demand: Meaning of Elasticity of Demand, Types of Elasticity of Demand, Measurement of Elasticity of Demand, Determinants of Elasticity of Demand.
Theory of Production and Cost: Theory of production: Its contents, Importance of the theory of production, Law of variable proportions, Concepts of Costs, Accounting Cost and economic cots. Short run and long run costs.

National Income, Growth, Fluctuation: Basic Concepts, Growth National Product (GNP), Net National Product (NNP), Methods of measuring National Income, Meaning of Economic growth, Stabilizing the economy, function of Commercial and Central Bank.


Bangladesh Economy: Basic Economic problems of Bangladesh Economic Development, Natural Resources, Agriculture, Water, Power, Irrigation and Flood Control Large Scale Industry, Banking System, Economic Planning, Budget.