CUET (UG) Business Economics Syllabus: Check the Latest Syllabus

• Kenneth Boulding's Definition of Micro Economics

• What is produced and in what quantities?
• How are these goods produced?
• For whom are these goods produced?

• Meaning of Consumer's Equilibrium

• Measures of Utility

1. Total Utility
2. Marginal Utility
3. Law of Diminishing Marginal Utility

• Indifference curve
• Marginal rate of substitution (MRS)
• Law of Diminishing Marginal Rate of Substitution
• Indifference Map

• Features of Indifference Curve:

1. Indifference curve slopes downwards from left to right
2. Higher indifference curve gives greater level of utility

• Demand

1.  Demand Curve and the Law of Demand
2. Deriving a Demand Curve from Indifference
3. Curves and Budget Constraints 
4.  Normal and Inferior Goods 
5.  Substitutes and Complements 
6.  Shifts in the Demand Curve 
7. Movements along the Demand Curve and Shifts in the Demand Curve

• Individual Demand Schedule
• Market Demand Schedule

1. Price Elasticity of Demand
2. Income Elasticity of Demand
3. Cross Elasticity of Demand

• Geometric Method
• Percentage-change Method
• Point Method
• Total Expenditure Method

• GDP and NDP at the market price and factor cost

• GNP at factor cost and market prices

• NNP at factor cost and market prices.

Consumption Function (Propensity to Consume)

• Average propensity to consume (APC)
• Marginal propensity to consume (MPC)

Propensity to Save (Average and Marginal)

• Two-sector model

• Availability of credit
• Change in government spending

• Meaning of money
• Kinds of money

• Barter system
• Major stages of Evolution of Money
• Commodity Money
• Metallic Money
• Paper Money
• Credit Money or Bank Money
• Near Money
• Recent forms of Money

• Plastic Money
• E-Money
• Online Banking (Net Banking)
• E-Banking

• Meaning of Central Bank
• Functions of Central Bank (A brief understanding of the functions)

1. Monopoly of Note issue
2. Bankers Bank
3. Banker
4. Agent and Advisor to the Government
5. Custodian of Foreign Exchange
6. Lender of the Last Resort

• Difference between the Central Bank and Commercial Banks

• Meaning of Commercial Banks
• Functions of Commercial Banks

1. Primary Functions
2. Secondary Functions
3. Other Functions

• Mechanism / Technique of Credit Creation by Commercial Banks

• Primary / Passive Deposit and Derived / Active Deposit

•  Role of Commercial Banks in the Economic Development of a Country

1. Capital Formation
2. Creation of Credit
3.  Channelizing the Funds towards Productive Investment
4. Encouraging Right Type of Industries
5. Banks Monetize Debt
6. Finance to Government
7. Employment Generation
8. Banks Promote Entrepreneurship

• Capital Budget
• Expenditure
• Reciept
• Revenue Budget

• Objectives of Government Budget:

1. Allocation Function of Government Budget
2. Redistribution Function of Government Budget
3. Stabilisation Function of Government Budget

•  Revenue Receipts
• Capital Receipts

• Revenue expenditure 
• Capital expenditure
• Plan and non-plan expenditure
• Developmental and non-developmental expenditure

• Types of Budget

1. Balanced budget
2. Surplus budget
3. Deficit budget

1. Revenue Deficit
2. Fiscal Deficit
3. Primary Deficit

• Meaning of Foreign Exchange Rate
• Meaning of Fixed and Flexible Rates and Managed Floating
• Determination of Equilibrium Foreign Exchange Rate

• Meaning of Balance of Payments Account
• Components of Balance of Payments Account
• Causes of disequilibrium and how the disequilibrium can be corrected.

• A brief analysis of recent exchange rate issues

• Meaning 
• Types of Foreign Trade

1. Import Trade
2. Export Trade
3. Entrepot Trade

• Meaning and Types of Infrastructure

• Growth
• modernisation
• self-reliance
• equity

• Institutional aspects and new agricultural strategy, etc.
• Land Reforms
• Land ceiling
• The Green Revolution
• Marketed surplus
• The Debate Over Subsidies
• Foodgrain Production
• Productivity Position of Tamil Nadu and India
• Subsistence Agriculture

1. Primitive Subsistence Agriculture
2. Intensive Subsistence Agriculture

• Plantation Agriculture
• Extensive Commercial Grain Cultivation
• Mixed Farming
• Dairy Farming
• Mediterranean Agriculture
• Market Gardening and Horticulture
• Co-operative Farming
• Collective Farming

• Public and Private Sectors in Indian Industrial Development
• Industrial Policy Resolution 1956 (IPR 1956)
• Small-Scale Industry (SSI)
  - Role and importance of Small-Scale Industry (SSI)

• Effect of Policies on Industrial Development

• Background

• Export-import policy
• Fiscal Policy
• Foreign exchange markets
• Deregulation of the Industrial Sector
• Financial Sector Reforms
• stock exchange
• Foreign Institutional Investors (FII)
• Tax Reforms
• Foreign Exchange Reforms
• Trade and Investment Policy Reforms
• Import licensing
• Export duties

• Disinvestment

• Outsourcing
• World Trade Organisation (WTO)
• Multilateral Trade Agreements
• Bilateral
• Non-Tariff Barriers

• Foreign Direct Investment (FDI)
• Foreign Institutional Investment (FII),
• Growth and Employment
• Reforms in Agriculture
• Reforms in Industry
• Disinvestment
• Reforms and Fiscal Policies

• Absolute and Relative Poverty

• Categorising Poverty

• always poor
• usually poor
• chronic poor
• churning poor
• occasionally poor
• transient poor
• non-poor

• The Poverty Line

• Preventive medicine
• curative medicine
• social medicine
• on-the job- training
• migrate
• information
• Human Capital and Economic Growth

• Growth in Government Expenditure on Education
• Educational Achievements in India

• Education for All - Still a Distant Dream
• Gender Equity - Better than Before
• Higher Education - a Few Takers

• Credit
• Rural Banking - a Critical Appraisal

• Emerging Alternate Marketing Channels
• Role of cooperatives

• agro-processing industries
• Animal Husbandry
• Fisheries
• Horticulture
• Other Alternate Livelihood Options

• Benefits of Organic Farming

• Formal and informal Sector

• Introduction
• Meaning of Unemployment

• Meaning and Types of Infrastructure

• Sources of Energy
• Non-conventional Sources of Energy
• Consumption Pattern of Commercial Energy
• Power/Electricity
• Some Challenges in the Power Sector
• Kinetic energy
• Work–Kinetic Energy Theorem
• Relation between Momentum and Kinetic Energy
• Potential Energy
• Potential energy near the surface of the Earth
• Elastic Potential Energy
• Conservative and non-conservative forces
• Law of conservation of energy
• Motion in a vertical circle

• State of Health Infrastructure
• Private Sector Health Infrastructure
• Indian Systems of Medicine (ISM)
• Indicators of Health and Health Infrastructure - A Critical Appraisal
• Urban-Rural and Poor-Rich Divide
• Women’s Health
• Health: Problems and Policies - A critical assessment

• Meaning, Effects of Economic Development on Resources and Environment, including global warming

• Use of Non-conventional Sources of Energy
• LPG, Gobar Gas in Rural Areas
• CNG in Urban Areas
• Wind Power
• Solar Power through Photovoltaic Cells
• Mini-hydel Plants
• Traditional Knowledge and Practices
• Biocomposting
• Biopest Control

• China
• Pakistan

• Population

• Economic growth
• Other Human Development Indicators