Lesson Plan. Perfect Competition,Charactestics& Assumptions. Price Determination under Perfect Competition

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1 Lesson Plan Name of the Assistant/ Associate Professor Mrs Shashi Madan (Associate Professor) Subject: Economics Bcom II Semester BA II Semseter BA IV Semester BA VI Semseter Week Date/Subject Macro Economics Micro Economics-II Macro Economics-II Sectoral Aspects of Indian Economy 1-Jan-18 Concept of Macro Economic Market Structure-Concepts Keynesion Multiplier -Concepts Pollution-Types,prevention & Control 2-Jan-18 Nature Scope of variables of Macro Economics Perfect Competition,Charactestics& Assumptions Relation Between Multipliers,MPC &MPS Pollution-Types,prevention & Control 1 3-Jan-18 National Income's Concepts Price Determination under Perfect Competition Relation Between Multipliers,MPC &MPS Importance of Agricultural in India 4-Jan-18 National Income's Concepts Price Determination under Perfect Competition Static Working of Multipliers Problem Regarding Low Productivity 5-Jan-18 Guru Govind Singh Birthday 6-Jan-18 National Income's Concepts Price Determination under Perfect Competition Dynamic Working of Multipliers Solution regarding Low of Productivity 7-Jan-18 8-Jan-18 Measurement of National Income Equilibrium of the firm in the Short Period Agriculture credit 9-Jan-18 Measurement of National Income Equilibrium of the firm in the Short Period Black Board Test & Group Agriculture credit 10-Jan-18 Measurement of National Income Equilibrium of the firm in the Long Period Working of Multipliers in UDC's Agriculture Labour 2 11-Jan-18 Difficulties in the Measurements Acceleration Principle Agriculture Labour

2 12-Jan-18 Circular Flow of Income Working of Acceleration Agriculture Marketing 13-Jan-18 Circular Flow of Income Case Study Working of Acceleration Agriculture Marketing 14-Jan Jan-18 to Black Board Test & Group Concept of super multiplier Agriculture Pricing 16-Jan-18 Consumption Function Monolpoly Characterstics Comparison Between Multiplier & acceleration Agriculture Pricing 17-Jan-18 Consumption Function Equilibrium of the Monopoly Firm & The Green Revolution 3 18-Jan-18 Psychological law of consumption Equilibrium of the Monopoly Firm in short Period Case Study & Group The Green Revolution 19-Jan-18 Propensity to Consume Equilibrium of the Monopoly Firm in short Period Concept of the demand for money Land Reforms 20-Jan-18 Determinants of Propensity to consume Equilibrium of the Monopoly Firm in Long Period Functions of Money Land Reforms 21-Jan Jan-18 Vasant Panchami 23-Jan-18 Functions of Money Land Reforms 24-Jan-18 Sir Chhotu Ram Jayanti 4 25-Jan-18 Class Test & Class Test Class Test 26-Jan-18 Republic Day

3 27-Jan-18 Investement Function Blackboard Test & Group Significance of Money Industrial Policy 28-Jan Jan-18 Type of Investment Class Test Significance of Money Industrial Policy 30-Jan-18 Deteminant of Investement Group Quantity Theory of Money Industrial Policy Latest & Group 31-Jan-18 Guru Ravidas jayanti 5 1-Feb-18 Concept of Multiplier Concept of Supply curve under Monopoly Fisher's Theory of Money Role of Large Scale Industries 2-Feb-18 Relation Between Multiplier & MPC Price Discrimination Fisher's Theory of Money Role of Large Scale Industries 3-Feb-18 4-Feb-18 5-Feb-18 Static Working of Multiplier Dynamic Working of Multiplier Price Discrimination Role of Small Scale Industries Price Discrimination Cambridge Theory of Money Role of Small Scale Industries 6-Feb-18 Cambridge Theory of Money Public Sector in India 6 7-Feb-18 of Class Study & Group Public Sector in India 8-Feb-18 Leakages of Multiplier Blackboard Test & Group Comparison Between Fisher's & Cambridge Theory Private Sector in India,Group

4 9-Feb-18 Limitaions of Multiplier Comparison Between Perfect Competition & Monopoly Keynesion Theory of Money Private Sector in India, Assigment 10-Feb Feb-18 Maharshi Dayanand Saraswati Jayanti 12-Feb-18 Importance of Multiplier Monopolistic Competition Characterstics Keynesian Theory of Money Foreign Capital in India 13-Feb-18 Maha Shivratri 14-Feb-18 Acceleration Principle Seeling Cost Keynesian Theory of Money Foreign Capital in India 7 15-Feb-18 Working of Accelertaion Product Differentiation Comparison with the Quantity Theory FDI in India 16-Feb-18 Working of Accelertaion Equilibrium of the Firm & FDI in India 17-Feb Feb-18 Comparison between Multilplier & Acceleration Equilibrium of the Firm Supply of Money Foreign Trade in India 19-Feb-18 & High Powered Money & Money Multiplier Foreign Trade in India 20-Feb-18 Classical Theory of Employement Blackboard Test & Group High Powered Money & Money Multiplier Balance of Trade & Balance of Payement 21-Feb-18 Classical Theory of Employement Case Study & Group Inflation- Meaning & Causes Balance of Payement in India 8 22-Feb-18 Classical Theory of Employement Case Study & Group Cause of Inflation Balance of Payement in India

5 23-Feb-18 Classical Theory of Employement Comparison Between Perfect Competition & Monopoly Effect of Inflation WTO 24-Feb-18 Comparison Between Monopoly & Monopolistic Effect of Inflation WTO & India 25-Feb Feb-18 Class Test Class Test Class Test Class Test 9 27-Feb Feb-18 1-Mar-18 2-Mar-18 3-Mar-18 4-Mar-18 Blackboard Test & Group discussion Concept & Characterstics of Oliogopoly Case Study & Group KUK Holidays KUK Holidays/Guru Ravidas Birthday KUK Holidays/Holi KUK Holidays KUK Holidays/ World Bank 5-Mar-18 Income Determination in Closed Economy Marginal Productivity Theory of Distribution Classical Theory of Inflation IMF 6-Mar-18 Income Determination in Closed Economy Marginal Productivity Theory of Distribution Classical Theory of Inflation IMF & India 7-Mar-18 Income Determination in Closed Economy Marginal Productivity Theory of Distribution Demand Pull Inflation Nature of Indian Economy 10 8-Mar-18 Cost Push Inflation Nature of Indian Economy 9-Mar-18 Inflation meaning & Types Phillips Curve in short Run & Long Run Prospect of Indian Economy

6 10-Mar-18 Causes of Inflation Black Board Test & Group Phillips Curve in short Run & Long Run Prospect of Indian Economy 11-Mar Mar-18 Causes of Inflation Ricardian Theory of Rent & Public Finance & Fiscal development 13-Mar-18 Effects of Inflation Ricardian Theory of Rent Meaning, Nature of Business Cycle Public Finance & Fiscal development 14-Mar-18 Effects of Inflation Ricardian Theory of Rent Feature of Business Cycle Price & Monetary Management Mar-18 Remedial Measures Types & Phases of Business Cycle Price & Monetary Management 16-Mar-18 Remedial Measures Keyness View of Trade Cycle Financial Intermediation & Markets 17-Mar-18 Theory of Inflation Black Board Test & Group Hicksian Theory of trade Cycle Financial Intermediation & Markets 18-Mar Mar-18 Theory of Inflation Theory of Interest Hicksian Theory of trade Cycle Indicators of Human Development 20-Mar-18 Classical Theory of Interset Problem of Poverty Mar-18 Blackboard Test & Group Classical Theory of Interset Samulation theory of Trade Cycle Poverty & Public Programmes 22-Mar-18 Meaning of Business Cycle New Classical Theory Poverty & Public Programmes

7 23-Mar-18 Shaheedi Diwas of Bhagat Singh, Rajguru & Sukhdev 24-Mar-18 Class Test New Classical Theory Class Test Class Test 25-Mar-18 / Ram Navami 26-Mar-18 Phases of Business Cycle & Black Board Test & Group Growth & Sectoral Distribution in Haryana 27-Mar-18 Hicks' Theory of Business Cycle Rate of Interest Socio Economic Implication of Declimicy Sex Ratio Mar Mar-18 Hicks' Theory of Business Cycle Case Study & Group Classical Theory of Interest Mahavir Jayanti Socio Economic Implication of Declimicy Sex Ratio & Group 30-Mar-18 Class Test Classical Theory of Interest Gloablisation of Harayna Economy 31-Mar-18 Class Test Classical Theory of Interest 1-Apr-18 2-Apr-18 Samneleson Theory of Trade Cycle Marginal Productivity Theory of Wages Keynesian Theory of Interest Globalisation of Haryana Economy 3-Apr-18 Marginal Productivity Theory of Wages Keynesian Theory of Interest Problem of Poverty in Haryana 4-Apr-18 Monetary Policy Marginal Productivity Theory of Wages Poverty Predication in Haryana 14 5-Apr-18 Monetary Policy Instruments Case Study & Group Regional Disparities in Haryana

8 6-Apr-18 Monetary Policy Instruments Black Board Test Concept of affective cities in Haryana 7-Apr-18 Fiscal Policy Case Study & Group Black Board Test Concept of affective cities in Haryana 8-Apr-18 9-Apr-18 Class Test Class Test Class Test Class Test 10-Apr-18 Instrument of Fiscal Policy Revision of Perfect Competition Revision of Multiplier Revision of agriculture Apr-18 Instrument of Fiscal Policy Revision of Perfect Competition Revision of Multiplier Revision of agriculture 12-Apr-18 Revision of National Income Revision of Monolpoly Market Revision of Multiplier Revision of agricultural marketing 13-Apr-18 Revision of National Income Revision of Monolpoly Market Revision of Accelerator Revision of agricultural marketing 14-Apr Apr Apr-18 Revision of Difficulty in Measurement Dr Ambedkar Jayanti / Vaisakhi Revision of Theories of Money Revision of Industrial policy 17-Apr-18 Revision of Consumption Function Revision of Monopolistic Market Revision of Theories of Money Revision of Industrial policy 18-Apr-18 Parashurama Jayanti Apr-18 Revision of Consumption Function Revision of Monopolistic Market Revision of Theories of Money Revision of FDP

9 20-Apr-18 Revision of Investement Function Revision of Theory of Distribution Revision of Functions of Money Revision of Balance of Payement 21-Apr-18 Revision of Multiplier Revision of Theory of Distribution Revision of Inflation Revision of Public Sectors 22-Apr Apr-18 Revision of Multiplier Revision of Recardian Thoery of Rent Revision of Inflation Revision of Private sector 24-Apr-18 Revision of acceleration Revision of Recardian Thoery of Rent Revision of Inflation Revision of Foreign Trade 25-Apr-18 Revision of Keynesian Theory of Employement Revision of Thoery of Interest Revision of Business Cycle Revision of International Institulation Apr-18 Revision of Keynesian Theory of Employement Revision of Thoery of Interest Revision of Business Cycle Revision of International Institulation 27-Apr-18 Revision of Inflation Case Study & Group Revision of Trade cycle Theories Revision of Indian Economy 28-Apr-18 Revision of Inflation Case Study & Group Revision of Trade cycle Theories Revision of Indian Economy 29-Apr-18

10 Week Date BUSINESS 1-Jan-18 ENVIRONMENT business environment: meaning,concept 3 Class-I Class-II Class-III Class-IV BUSINESS ENVIRONMENT MACROECONOMICS ECONOMICS OF TOURISM business environment: meaning,concept Nature & scope of macroeconomics concept of economics & tourism economics 2-Jan-18 characteristics of business characteristics of business limitation of macroeconomics importance of marginal concept 3-Jan-18 environment component of business environment component of business features of macroeconomics micro & macro economics 4-Jan-18 environment environment 5-Jan-18 6-Jan-18 7-Jan-18 relationship between business and environment relationship between business and environment relation and defference between micro & macroeconomics economic impact of touism 8-Jan-18 environmental scanning environmental scanning and circular flow of income : liberalisation: meaning 9-Jan-18 and importance of methods of business importance of business methods of business meaning, deffereent sector of circular 10-Jan-18 environmental scanning SWOT: intriduction environmental scanning and SWOT: intriduction flow of income importance of circular flow of globlisation : meaning and 11-Jan-18 factor, limitations of factor, limitations of income positive and negative effect 12-Jan-18 environmental scanning significance of business environmental scanning significance of business National income: meaning, 13-Jan-18 environment environment concept 14-Jan Jan Jan Jan Jan Jan Jan Jan Jan-18 Lesson Plan Name of the Assistant/ Associate Professor MRS. RAJBIR KAUR.. Subject: ECONOMICS. 1 2 Guru Govind Singh Birthday economic systems: economic systems: meaning measurment of national privatisation: meaning and adv. meaning definition capitalism: meaning, definition income: product method capitalism: meaning, features income & expenditure methods features merits and demerits of merits and demerits of difficulties in the measurment impact of tourism capitaliusm socialism: meaning, capitaliusm socialism: meaning, features of national income class test on scope of the role of pivate and public sector features merits and demerits of merits and demerits of macroeconomics consumption function: in indian economy socialism mixed economics: meaning socialism mixed economics: meaning meaning, propensity to characteristics of consumption features features function Vasant Panchami

11 Jan Jan-18 economic planninmg: meaning,features economic planninmg: sessional test meaning,features Sir Chhotu Ram Jayanti 25-Jan-18 sessional test sessional test kinds of propensity to consume 26-Jan-18 APC&MPC Republic Day 27-Jan Jan Jan Jan Jan-18 1-Feb-18 2-Feb-18 3-Feb-18 4-Feb-18 achievement under economic planning failures of economics planning cause of slow growth rate during economics strategy of economics planning process of economicsplanning NITI aayog: meaning and objectives achievement under economic planning DO failures of economics Propensity to save: meaning & planning kinds cause of slow growth rate determinants of propensity to during economics planning consume Guru Ravidas jayanti strategy of economics planning process of economicsplanning NITI aayog: meaning and objectives psychological law of consumption investment function: meaning, types propensity to invest: kimds, tourism development & national economy sessional test FDI in tourism- introduction implications Nature of demand determinants of demand factors Affecting the supply 5-Feb-18 eleventh fiveyear plan: eleventh fiveyear plan: determinants of include derived demand meaning and objectives meaning and objectives investment 6-Feb-18 evaluation of eleventh five evaluation of eleventh five importance of investment income effect and substitution year plan year plan effect 7-Feb-18 twelfth fiveyear plan : twelfth fiveyear plan : multiplier: investment total and marginal revenue meaning and objective meaning and objective multilier, meaning 8-Feb-18 strategy of twelfth plan strategy of twelfth plan characteristics & limitations of Elasticity of demand multiplier 9-Feb-18 evaluation of twelfth plan evaluation of twelfth plan leakages price elasticity 10-Feb-18 Maharshi Dayanand Saraswati Jayanti 7 11-Feb Feb-18 economic reforms economic reforms 13-Feb Feb-18 liberalisation: meaning liberalisation: meaning 15-Feb Feb-18 privatisation: meaning and adv. globlisation : meaning and positive and negative privatisation: meaning and adv. globlisation : meaning and positive and negative effect importance & types of multiplier Maha Shivratri principle of Acceleration: meaning, definition criticisms of the principle of acceleration difference between multilplier & acceleration cross elasticity income elasticity advertising elasticity

12 17-Feb-18 Class test Class test elasticity of price expectation 8 18-Feb Feb-18 Regional economics Regional economics keynesian theory of income and class test grouping : meaning and grouping : meaning and employment: meaning, 20-Feb-18 types and importanceof types and importanceof class test elasticity of pricing policy regional eco. Group regional eco. Group 21-Feb-18 limitation limitation significance of keynesian theory determinants of elasticity of employment 22-Feb-18 sessional test sessional test features of keynesian importance of elasticity economics 23-Feb-18 monetary policy of india: monetary policy of india: difference between keynesian meaning and objectives meaning and objectives model and classical model 24-Feb-18 measures and features measures and features techniques of demand analysis 25-Feb Feb-18 limitation and limitation and improvement sessional test improvement 27-Feb-18 national income determination sessional test in a three sector 28-Feb-18 KUK Holidays 9 1-Mar-18 KUK Holidays/Guru Ravidas Birthday 10 2-Mar-18 3-Mar-18 4-Mar-18 KUK Holidays/Holi KUK Holidays KUK Holidays/ 5-Mar-18 new monetary policy of new monetary policy of RBI importance of sector cost analysis RBI 6-Mar-18 monetary policy for the monetary policy for the year closed economy: meaning concept of cost year Mar-18 fiscal policy-meaning fiscal policy-meaning types of cost objectives objectives 8-Mar-18 components of fiscalpolicy components of fiscalpolicy 9-Mar-18 evaluation of fiscal poicy evaluation of fiscal poicy in IS-LM Analysis: meaning in india india 10-Mar-18 causes causes IS curve and product market equilibrium 11-Mar Mar-18 class test class test LM curve and money market equilibrium production of cost cost and profit

13 11 13-Mar-18 industrial policymeaning,importancmeaning,importance priduct and money market industrial policy- simultaneous equilibrium in concept of Break Even Analysis 14-Mar-18 industrial policy-1948& 56 industrial policy-1948& Mar-18 IP-1977 & 1980 IP-1977 & 1980 IS-LM derivation of aggregate determinants of cost demand curve from IS-LM 16-Mar-18 New industrial policy-1991 New industrial policy-1991 Inflation: meaning, definition input price 17-Mar Mar-18 evaluation new industrialpolicy evaluation new industrialpolicy types of inflation supply and cost 19-Mar-18 licensinng policy licensinng policy theroies of inflation class test 20-Mar-18 export-import-meaning& export-import-meaning& causesof inflation economic impact of touism - objective objective torism taxation 21-Mar-18 EXIM policy-2009 &2014 EXIM policy-2009 &2014 effects of inflation Mar-18 d0 d0 measures tocontrol inflation 23-Mar-18 Shaheedi Diwas of Bhagat Singh, Rajguru & Sukhdev 24-Mar-18 new foreign trade policy new foreign trade policy sessional test Mar Mar-18 foreign investment in india foreign investment in india business cycle-meaning and types 27-Mar-18 clasification clasification theories of business cyclesamuelson,s theory 28-Mar-18 new foreign investment new foreign investment hick,s theory policy 1991 policy Mar-18 Mahavir Jayanti sessional test market structure and tourism supply 30-Mar-18 seasional test seasional test methods to control business supply function cycle 31-Mar-18 problems problems production and supply 1-Apr-18 sunday dr Ambedkar Jayanti / Vaisakhi 2-Apr-18 contribution of foreign contribution of foreign monetary policy-objective and elasticity of supply capital in the economic capital in the economic meaning 3-Apr-18 multi- national corporationtypetypes multi- national corporation- instruments supply of tourism service 4-Apr-18 significance of multinational development significance of multi-national monetary policy and Generatized supply function 5-Apr-18 features features limitations of monetary policy factors Affecting elasticity of supply

14 6-Apr-18 7-Apr-18 problems 8-Apr-18 9-Apr-18 WTO- objectives,function WTO- objectives,function fiscalpolicy-introduction integration in tourism supply Apr-18 objectives of fiscal policy supply trends 11-Apr-18 organisational structure of organisational structure of WTO WTO methods of fiscalpolicy class test 12-Apr-18 Scope of WTO Scope of WTO tourism multiplier 13-Apr-18 WTO& India WTO& India significance of multiplier 14-Apr-18 Dr Ambedkar Jayanti / Vaisakhi 15-Apr Apr-18 UNCTAD- Meaning & UNCTAD- Meaning & fiscalpolicy and economic,structure,structure development 17-Apr-18 objectives and functions objectives and functions sessional test Apr-18 Parashurama Jayanti 19-Apr-18 achivements of UNCTAD achivements of UNCTAD limitations of fiscalpolicy multiplier effect as Apploed to tourism sector 20-Apr-18 World bank-meaning & World bank-meaning & objectives objectives 21-Apr-18 sessional test Balance of payment 22-Apr Apr-18 seasional test seasional test revision 24-Apr-18 IMF- meaning & objectives IMF- meaning & objectives revision foreign exchange Apr-18 SDR- Meaning & benefits SDR- Meaning & benefits revision 26-Apr-18 functions functions revision employment and income creation 27-Apr-18 revision 28-Apr-18 revision revision revesion revision 29-Apr-18 Vasant Panchami

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