Admission Open

01. MAJOR -1 : COMMERCE (INTRODUCTION TO BUSINESS)

ORGANISATION OF THE COURSE
UNIT NO COURSE UNITS AT A GLANCE TOTAL HOURS
1 Business and Business Environment 15
2 Project Planning and Business Strategies 15
TOTAL HOURS 30

COURSE DESIGN

COURSE UNIT TITLE 1: BUSINESS and BUSINESS ENVIRONMENT (15)
a. Business
Introduction – Traditional and Modern Concept of business. Functions, Scope and Significance of business. Objectives of Business: Steps in setting business objectives
b. Business Environment
Concept and Importance of business environment, Constituents of Business Environment, Educational Environment and its impact, International Environment – Current Trends in the World, Climate change and its impact
PEDAGOGICAL APPROACH: Lecture Method, Case study and Assignments
COURSE UNIT TITLE 2: PROJECT PLANNING and BUSINESS STRATEGIES (15)
a. Project Planning
Introduction: Business Planning Process; Concept and importance of Project Planning; Project Report; feasibility Study types and its importance. Business Unit Promotion: Concept and Stages of Business Unit Promotion, Location – Factors determining location, and Role of Government in Promotion. Statutory Requirements in Promoting Business Unit.
b. Business Strategy
Introduction: – Concept of Business strategy, New Trends in Business strategy: Impact of Liberalization, Privatization and Globalization, Strategy alternatives in the changing scenario, Restructuring and turnaround strategies

REFERENCES

Total 50 Marks: with 2 Credits

30 Marks External and 20 Marks Internal

30 Marks External (ANY 2 OUT OF 3)

DURATION: 1 Hour

Q.1 Answer the following
a.
b.
15 Marks
Q.2 Answer the following
a.
b.
15 Marks
Q.3 Answer the following
a.
b.
15 Marks
20 Marks Internal (Any 4 out of 6)

Note:
1) Any Four out of the above can be taken for the internal Assessment.
2) The internal Assessment shall be conducted throughout the Semester.

VSC Semester 1

FUNDAMENTALS OF STARTUPS

ORGANISATION OF THE COURSE
UNIT NO COURSE UNITS AT A GLANCE TOTAL HOURS
1 Start-up Opportunities 15
2 Start-up Capital Requirements and Legal Environment 15
TOTAL HOURS 30

COURSE DESIGN

Semester I Title: Fundamentals of Start-ups

Module 1: Start-up Opportunities (15)

PEDAGOGICAL APPROACH: Lecture Method, Case study and Assignments

Module 2: Start-up Capital Requirements and Legal Environment (15)

PEDAGOGICAL APPROACH: Lecture Method, Case study and Hands on project report

REFERENCES

Total 50 Marks: with 2 Credits

30 Marks External and 20 Marks Internal

30 Marks External (ANY 2 OUT OF 3)

DURATION: 1 Hour        30 MARKS

20 Marks Internal (Any 4 out of 6)

Note:
1) Any Four out of the above can be taken for the internal Assessment.
2) The internal Assessment shall be conducted throughout the Semester.

SEC Semester 1
Negotiation Skills

ORGANISATION OF THE COURSE
UNIT NO COURSE UNITS AT A GLANCE TOTAL HOURS
1 Negotiation and Types of Negotiations 15
2 Negotiation Skills 15
TOTAL HOURS 30

COURSE DESIGN

Unit 1 Negotiation and Types of Negotiations (15)

PEDAGOGICAL APPROACH: Lecture Method, Case study and Assignments

Unit 2: Negotiation Skills (15)

PEDAGOGICAL APPROACH: Lecture Method, Case study and Role Play

REFERENCES

Recommended Reading

Total 50 Marks: with 2 Credits

30 Marks External and 20 Marks Internal

30 Marks External (ANY 2 OUT OF 3)

DURATION: 1 Hour        30 MARKS

20 Marks Internal (Any 4 out of 6)

Note:
1) Any Four out of the above can be taken for the internal Assessment.
2) The internal Assessment shall be conducted throughout the Semester.

CC - INTRODUCTION TO CULTURAL ACTIVITIES

Modules at a Glance Semester I
Module No. Unit Content No. of Hours
1 I Overview to Cultural Activities 05
1 II History of Student Cultural Activities 05
2 III Forms / Types of Literary and Fine Arts Activities and its Applied Skills 10
2 IV Forms / Types of Performing Arts Activities and its Applied Skills 10
Total No. of Hours 30
Detailed Course Content
Module No. Unit Content No. of Hours
1 I 1.1 Overview to Cultural Activities
• Definition of culture and its manifestations
• Understanding cultural diversity and inclusivity
• The role of cultural activities in preserving heritage
• Overview of Indian cultural practices
• Overview of global cultural practices
05
1 II 2.1 History of Student Cultural Activities
▪ Role of student cultural activities
▪ History of student cultural activities in India
▪ Role of AIU in preserving cultural heritage of India
▪ History of student cultural activities in Maharashtra
▪ Student Cultural activities at University of Mumbai
05
2 III 3.1 Forms / Types of Literary and Fine Arts Activities and its Applied Skills

3.1.1 Various Forms of Literary Arts
Elocution: Reading Skills, Soft Skills, Languages, Communication Skills, etc.
Debate: Reading Skills, Soft Skills, Languages, Communication Skills, etc.
Story Writing: Introduction, Plot, Characterization, Presentation, Relevance, Language Style, etc.
Story Telling: Introduction, Plot, Characterization, Presentation, Relevance, Language Style, etc.
Quiz: General Knowledge skills

3.1.2 Various Forms of Fine Arts
Painting: Visualization, Delivery of the Subject, Composition, Colour Application, Presentation and Overall Impact
Collage: Visualization, Delivery of the Subject, Handling of Medium, Composition, Presentation and Overall Impact
Poster Making: Visualization, Delivery of the Subject, Presentation, Tagline and Overall Impact
Clay Modeling: Visualization, Delivery of the Subject, Handling of Medium, Composition, Presentation and Overall Impact
Cartooning: Visualization, Delivery of the Subject, Characters, Synchronization, Colour Application, Composition, Presentation and Overall Impact
Rangoli: Visualization, Delivery of the Subject, Colour Scheme, Elements, Presentation and Overall Impact
Mehendi Designing: Originality, Creativity, Decorative Art with Aesthetic Sense, Presentation and Overall Impact
Spot Photography: Impact, Composition, Technical Quality and Suitability for the Specific Theme
Installation: Visualization, Delivery of the Subject, Handling of Medium, Synchronization, Composition, Presentationand Overall Impact
10
2 IV 4.1 Forms / Types of Performing Arts Activities and its Applied Skills

4.1.1 Various Forms of Dance
Folk Dance: History and Origin of Folk Dance in India, Types and their Uniqueness, Significance of Folk Dance, Folk Dances in Maharashtra
Classical Dance: History of Classical Dance, Types and their Peculiarities, Significance of Classical Dances in India

4.1.2 Various Forms of Theatre
• History of Indian Theatre
• Types and their Uniqueness
• Significance of Indian Theatre
Various Forms of Theatre: One Act Play, Skit, Mime, Mimicry

4.1.3 Various Forms of Music
• History of Indian Music
• Types and their Uniqueness
• Significance of Music in India
Various Forms of Music: Classical Singing, Light Vocal, Percussion, Non-Percussion, Natyasangeet, Western Vocal, Western Instrumental
10

Scheme of Evaluation

The Scheme of Examination shall be of 50 marks. It will be divided into Internal Evaluation (20 marks) and Semester End Examination (30 Marks).

Semester I (50 Marks, 2 Credits) Internal Evaluation (20 Marks)
Sr. No. Particulars Marks
1 Presentation
OR
Project
OR
Assignment
15
2 Participation in Workshop / Conference / Seminar (as decided by the Teacher)
OR
Participation in Online Workshop / Conference / Seminar (as decided by the Teacher)
OR
Field Visit
OR
Attendance
5
Total 20
Semester End Examination (30 Marks)
Question No. Particulars Marks
1 Objective Type Questions (All Units) 6
2 Descriptive Question(s) on Unit I
[This question may be divided into sub questions like (a)(b) for 3+3 or 4+2 marks pattern]
6
3 Descriptive Question(s) on Unit II
[This question may be divided into sub questions like (a)(b) for 3+3 or 4+2 marks pattern]
6
4 Descriptive Question(s) on Unit III
[This question may be divided into sub questions like (a)(b) for 3+3 or 4+2 marks pattern]
6
5 Descriptive Question(s) on Unit IV
[This question may be divided into sub questions like (a)(b) for 3+3 or 4+2 marks pattern]
6
Total 30

Reference Books

  • Rabindranath Tagore, The Centre of Indian Culture. Rupa and Co, India, 2017.
  • Chopra, J. K. Indian Heritage and Culture. Unique Publisher, India, 2013.
  • Patnaik Devdatta, Indian Culture, Art and Heritage. Pearson, India, 2021.
  • Cassady Marsh, An Introduction to the Art of Theatre: A comprehensive text - Past, Present and Future. Colorado Springs, Colo, 2017.
  • Pingle Bhavanrav A., History of Indian Music: with particular reference to theory and practice, Dev Publishers and Distributors, India, 2021.
  • Popley Herbert A., The Music of India. Central Archaeological Library, New Delhi, 1921.
  • Tomory Edith, History of Fine Arts in India and the West. Orient Longman, Mumbai, 1989.
  • Arthur Schopenhauer, The Art of Literature, S. Sonnenschein and Co, London, 1981.
  • M. Keith Booker, A Practical Introduction to Literary Theory and Criticism. Routledge, Michigan, 1996.
  • Vatsyayan Kapila, Indian Classical Dance. Publications Division, Ministry of Information and Broadcasting, Govt. of India, 1992.
  • Phyllis S. Weikart, Teaching Folk Dance: Successful Steps. High/Scope Press, Michigan, 1997.
  • Gosvami O., The Story of Indian Music, its Growth and Synthesis. Bombay, New York, Asia Publishing House, 1961.

IKS: INDIAN KNOWLEDGE SYSTEM - 1

Sr. No. Heading Particulars
1 Description of the course Introduction, relevance, usefulness, application, interest, connection with other courses, demand in the industry, job prospects etc.
2 Vertical Major / Minor / Open Elective / Skill Enhancement / Ability Enhancement / Indian Knowledge System (Choose By √)
3 Type Theory / Practical
4 Credit 2 credits (1 credit = 15 Hours for Theory or 30 Hours of Practical work in a semester)
5 Hours Allotted 30 Hours
6 Marks Allotted 100 Marks
7 Course Objectives
  • To sensitize the students about context in which they are embedded i.e. Indian culture and civilisation including its Knowledge System and Tradition.
  • To help students to understand the knowledge, art and creative practices, skills and values in ancient Indian system.
  • To help to study the enriched scientific Indian heritage.
  • To introduce the contribution from Ancient Indian system & tradition to modern science & Technology.
  • 8 Course Outcomes
  • Learner will understand and appreciate the rich Indian Knowledge Tradition.
  • Learner will understand the contribution of Indians in various fields.
  • Learner will experience increased subject-awareness and self-esteem.
  • Learner will develop a comprehensive understanding of how all knowledge is ultimately intertwined.
  • 9 Modules Module 1 (10 Hours)
    1. Introduction to IKS (What is knowledge system, characteristic features of Indian Knowledge System)
    2. Why IKS? (Macaulay’s Education Policy and its impact, Need of revisiting Ancient Indian Traditions)
    3. Scope of IKS (The Universality of IKS - from Micro to Macro, development from earliest times to 18th Century CE)
    4. Tradition of IKS (Ancient Indian Education System: Home, Gurukul, Pathashala, Universities and ancient educational centres)
    5. Relevant sites in the vicinity of the Institute (Water Management System at Kanheri, Temple Management of Ambarnath, etc.)

    Module 2 (10 Hours)
    1. Medicine (Ayurveda)
    2. Alchemy
    3. Mathematics
    4. Logic
    5. Art of Governance (Arthashastra)

    Module 3 (10 Hours) (Select Any FIVE)
    1. Aesthetics  2. Town Planning  3. Strategic Studies  4. Krishi Shastra  5. Vyakaran & Lexicography  6. Natyashastra  7. Ancient Sports  8. Astronomy  9. Yoga and Wellbeing  10. Linguistics  11. Chitrasutra  12. Architecture  13. Taxation  14. Banking  15. Trade and Commerce
    10 Reference Books
  • Concise History of Science in India – D.M. Bose, S.N. Sen, B.V. Subbarayappa
  • Positive Sciences of the Ancient Hindus – Brajendranatha Seal, Motilal Banarsidas, Delhi 1958
  • History of Chemistry in Ancient India & Medieval India – P. Ray, Indian Chemical Society, Calcutta 1956
  • Charaka Samhita: A Scientific Synopsis – P. Ray & H.N. Gupta, National Institute of Sciences of India, New Delhi 1965
  • MacDonnell A.A – History of Sanskrit Literature
  • Winternitz M – History of Indian Literature Vol. I, II & III
  • Dasgupta S.N & De S.K – History of Sanskrit Literature Vol. I
  • Ramkrishna Mission – Cultural Heritage of India Vol. I, II & III
  • Majumdar R.C & Pushalkar A.D – History & Culture of the Indian People Vol. I, II & III
  • Keith A.B – History of Sanskrit Literature
  • Varadachari V – History of Sanskrit Literature
  • Chaitanya Krishna – A New History of Sanskrit
  • 11 Continuous Internal Assessment 40%
    12 Continuous Evaluation through Assignment / Presentations / Projects (Group/Individual) / Field Visit Report – 20 Marks
    Class Test / MCQ Test – 10 Marks
    Overall Conduct and Class Participation – 10 Marks
    13 Format of Question Paper: Final Exam Q1. Attempt any TWO Questions out of FIVE10 Marks
    Q2. Attempt any FIVE Questions out of TEN25 Marks
    Q3. Attempt any FIVE Questions out of FIFTEEN25 Marks

    OE: FINANCIAL MATHEMATICS - 1

    COURSE NAME: MATHEMATICAL AND STATISTICAL TECHNIQUES - I
    Course Code: U24COM1E01  Course Credit: 2
    1 credit = 15 lectures  1 lecture = 60 minutes

    Course Objectives

    • To assist learners in calculation of Shares and Mutual Funds, Probability, Permutation and Combination.
    • To facilitate learners to apply mathematical and statistical knowledge using Central Tendency, Measures of Dispersion.

    Course Outcome:

    At the end of the course, students will be able to:

    • Calculate financial values required in business, solve problems on their own by analyzing the topics.
    • Recognize the importance and value of mathematical and statistical thinking.

    Syllabus

    Unit Syllabus Number of Lectures
    1 Mathematics

    Shares and Mutual Funds
    Shares: Concept of share, face value, market value, dividend, equity shares, preferential shares, bonus shares. Simple examples.
    Mutual Funds: Simple problems on calculation of Net income after considering entry load, dividend, change in Net Asset Value (N.A.V.) and exit load. Averaging of price under the Systematic Investment Plan (S.I.P.).

    Elementary Probability Theory
    Probability Theory: Concept of random experiment/trial and possible outcomes; Sample Space and Discrete Sample Space; Events their types, Algebra of Events, Mutually Exclusive and Exhaustive Events, Complimentary events. Classical definition of Probability, Addition theorem (without proof), conditional probability. Independence of Events: P(A ∩ B) = P(A)P(B).

    Permutation and Combination
    Permutation and Combination: Factorial Notation, Fundamental principle of counting, Permutation as arrangement, Simple examples, Combination as selection, Simple examples, Relation between nCr and nPr. Examples on commercial application of permutation and combination.
    15
    2 Statistics – Summarization Measures

    Measures of Central Tendencies: Definition of Average, Types of Averages: Arithmetic Mean, Median, and Mode for grouped as well as ungrouped data. Quartiles, Deciles and Percentiles. Using Ogive, locate median and Quartiles. Using Histogram locate mode. Combined and Weighted mean.

    Measures of Dispersions: Concept and idea of dispersion. Various measures: Range, Quartile Deviation, Mean Deviation, Standard Deviation, Variance, Combined Variance.
    15
    Reference Books
    1. Business Mathematics by D. C. Sancheti and V. K. Kapoor, S. Chand & Sons, 2006.
    2. Mathematics for Business Economics by J. D. Gupta, P. K. Gupta and Man Mohan, Tata McGraw Hill, 1987, Chapters 9 to 11 & 16.
    3. Quantitative Methods (Part I) by S. Saha and S. Mukerji, New Central Book Agency, 1996.
    4. STATISTICS by Schaum Series, Operations Research by Gupta and Kapoor.
    Scheme of Examination

    Internal assessment (40%) – 20 marks
    Semester end examination (60%) – 30 marks

    A. Internal Assessment (20 marks)
    Description Marks
    Internal tests of 10 marks:
    Q1. Multiple choice questions / True or False – 5 Marks
    Q2. Attempt 1 question out of 2 questions – 5 Marks
    10
    Presentation / Case studies / Assignments / Open book test 5
    Attendance and Class behavior 5
    Total 20
    B. Semester End Examination (30 marks)

    Paper Pattern:
    Duration: 1 Hour
    Total Marks: 60

    MAJOR:-1 ACCOUNTANCY AND FINANCIAL MANAGEMENT -1

    COURSE NAME : ACCOUNTANCY & FINANCIAL MANAGEMENT -1

    COURSE CODE: U24COM1M1J01     COURSE CREDIT: 04

    1 credit = 15 lectures     1 lecture = 60 minutes

    Course Objective:
    1. To acquaint the students with the fundamentals of Accounting Standards, Procedure, Practices, issues with the purpose of Disclosure of Accounting Policy and basic concepts of financial management.
    2. To comprehend fundamental accounting concepts and principles as well as to develop the capability to perform the basics of manufacturing accounting.
    3. To ascertain and to evaluate the departmental final accounts with inter-departmental transfers at cost & at selling price.
    4. To acquire the knowledge of business and financial risk through calculation of operating and financial leverages.
    Learning Outcomes:
    1. Students will be able to use the double entry accounting system to record and maintain basic business transactions and they will also be able to learn the basic concepts of financial management.
    2. Learners will be able to comprehend the various concepts in relation to manufacturing accounting.
    3. Students will be able to evaluate the departmental final accounts with inter-departmental transfers at cost & at selling price.
    4. They will be able to understand the business risk and financial risk by analyzing operating and financial leverages.
    Syllabus:
    Sr. No. Syllabus No. of Lectures
    01 1 - Accounting Standards issued by ICAI and Introduction to Financial Management
    Standards:
    Benefits, Procedure for Issue of Accounting Standards various AS
    1: Disclosure of Accounting Policy – Purpose, Areas of Policy, Disclosure of Policies, Illustrations

    Valuation of Inventories (Stock):
    Meaning, Definition, Applicability, Measurement of Inventory, Disclosure in Final Account, Explanation with illustrations

    Revenue Recognition:
    Meaning and scope, Transactions excluded, Sale of Goods, Effects of uncertainties, Disclosure, Illustrations

    Introduction to Financial Management:
    Introduction, Meaning, Scope & Objectives, Profit vs Value Maximization
    15
    02 Module-2 – Final Accounts of Manufacturing Concern
    Expenditure: Capital, Revenue
    Receipts: Capital, Revenue
    Adjustments and Closing Entries
    Final Accounts of Manufacturing Concerns (Proprietary Firm)
    15
    03 Module-3 – Departmental Accounts
    Meaning
    Basis of Allocation of Expenses and Income/Receipts
    Inter Departmental Transfer: at Cost Price and Invoice Price
    Stock Reserve
    Departmental Trading and Profit & Loss Account and Balance Sheet
    15
    04 Module-4 – Leverage
    Introduction
    EBIT and EPS analysis
    Types of Leverages: Operating leverage, Financial Leverage and Composite Leverage
    Relationship between Operating and Financial Leverage (Including Practical problems)
    15
    References:
  • Introduction to Accountancy by T.S. Grewal, S. Chand and Company (P) Ltd., New Delhi
  • Financial Accounting for Management by Dr. Dinesh Harsalekar, Multi-Tech. Publishing Co. Ltd., Mumbai
  • Financial Accounting by P.C. Tulsian, Pearson Publications, New Delhi
  • Accounting Principles by R.N. Anthony and J.S. Reece, Richard Irwin, Inc
  • Financial Accounting by Monga, J.R. Ahuja, Girish Ahuja and Ashok Shehgal, Mayur Paper Back, Noida
  • Financial Accounting by Williams, Tata Mc. Grow Hill and Co. Ltd., Mumbai
  • Financial Accounting by V. Rajasekaran, Pearson Publications, New Delhi
  • Introduction to Financial Accounting by Horngren, Pearson Publications, New Delhi
  • Financial Accounting by M. Mukherjee and M. Hanif, Tata McGraw Hill Education Pvt. Ltd., New Delhi
  • Financial Accounting a Managerial Perspective, Varadraj Bapat, MehulRaithatha, Tata McGraw Hill Education Pvt. Ltd., New Delhi
  • B. V. Raman, “Accountancy – Vol I & II”
  • Sharma, R K Gupta, “Management Accounting”
  • Reddy & Appanniah, “Management Accounting”
  • I M Pandey, “Financial Management”
  • AEC :- BUSINESS COMMUNICATION SKILLS -1

    Sr. No Syllabus No. of lectures
    01 Module-1. Theory of Communication
    Introduction and Process of Communication, Channels of Communication: Formal /Informal, Vertical, Downward, Upward, Horizontal, Grapevine,
    Methods of Communication: Verbal/Nonverbal,
    Barriers in Communication: Physical, Linguistic, Psychological, Sociocultural, Mechanical,
    Modern Modes of Communication
    10
    02 Module-2. Business Correspondence -1
    Theory of Business Letter Writing, 7 Cs of Writing, Format of Letter Writing, Full Block Format, Modified Block Format, Parts of Letter: Major Parts/Minor Parts
    Personnel Correspondence: Job Application Letter, Resume, Job Acceptance Letter, Resignation Letter, Recommendation Letter, Goodwill Letter
    Professional E-mail Writing: Format, Principles of E-mail writing
    10
    03 Module-3. Language and Writing Skills
    Paragraph Writing: Developing an idea, Use of appropriate linking devices, Interpretation of Data, Composition on given situation
    Listening Comprehension, Public Speaking Skills, ICT Enabled Communication, Appropriate use of Non-Verbal Communication, Multilingual Competency.
    10
    Reference Books:
    1. A Handbook of Commercial Correspondence by Ashley, A., Oxford University Press, 1992.
    2. Basic Business Communication: Skills for Empowering the Internet Generation by Raymond Lesikar and Marie Flatley, 9th Edition, Tata McGraw Hill, 2002.
    3. Business Communication by D Chaturvedi and Mukesh Chaturvedi, Third Edition, Pearson Publications Ltd, 2013.
    4. Business Communication by Meenakshi Raman and Prakash Singh, Oxford University Press, 2007.
    5. Business Communication Strategies by Monippally, Matthukutty, M, Tata McGraw Hill, 2001.
    6. Effective Business Communication by Herta Murphy, Herbert Hildebrandt, Jane Thomas, McGraw Hill Education, 2009.
    7. Effective Communication by Balan K.R. and Rayadu C.S., Beacon Publication, 1996.
    8. Effective Technical Communication by M. Ashraf Rizvi, McGraw Hill, 2006.
    SCHEME OF EXAMINATION

    The scheme of examination shall be divided into two parts:

    Internal assessment 40% i.e. 20 marks

    Semester end examination 60% i.e. 30 marks

    (A) Internal Assessment 20 marks
    DescriptionMarks
    Project / Activity Report / Assignments5
    Attendance and Class behavior5
    Continuous Evaluation10
    Total20
    (B) Semester end examination 30 marks

    PAPER PATTERN

    Passing criteria: Minimum 40% in Internal (8 out of 20) and 40% (12 out of 30) in semester end examination.


    COURSE NAME: ENVIRONMENT AND SUSTAINABLE DEVELOPMENT

    COURSE CODE: U24COM1VEC01    COURSE CREDIT: 02

    1 credit = 15 lectures      1 lecture = 60 minutes

    Course Objectives:
    Course Outcome:

    A learner would acquire knowledge about the basics of environmental components associated with the human being.
    A student would be able to understand the importance of natural resources for sustainable economic development.

    MAJOR:-1 ECONOMICS – MICRO ECONOMICS

    UNITS TOPICS NO OF LECTURES
    01 Module I: Introduction to Microeconomics
    Micro economics: Meaning, Scope, Nature, Importance and Limitations;
    Basic Economic Problems; Role of Price Mechanism in a Market Economy;
    Positive Economics and Normative Economics;
    Concepts of Equation, Functions, Graphs, Diagrams, Line, Slope and Intercept.
    15
    02 Module II: Consumer’s Behavior
    Introduction to Cardinal and Ordinal Approaches;
    Indifference Curve Analysis - Properties of Indifference Curves, Budget Line, and Consumer’s Equilibrium;
    Income, Price and Substitution Effect;
    Derivation of Demand Curve;
    Consumer’s Surplus: Strong Ordering and Weak Ordering.
    15
    03 Module III: Production and Cost Analysis
    Concept of production function: Short run and Long run – Cobb-Douglass production function.
    Isoquants - ISO-cost Line – producer’s equilibrium.
    Law of variable proportion and Law of returns to scale – Economies of scale – Economies of scope.
    Concepts of costs: Money and real cost, Opportunity cost, Social cost, Private cost.
    Derivation of short run and long run cost curves – Learning curve.
    15
    04 Module IV: Market Structure
    Short-run and long run equilibrium of a Firm and Industry and Perfect Competition – Sources of Monopoly –
    Short-run and Long-run equilibrium of a firm under monopoly – Features: Monopolistic Competition and Oligopoly – Case studies.
    15

    REFERENCES

    VEC :- INDIAN CONSTITUTION

    UNITS TOPICS HOURS PER WEEK
    01 Indian Constitution: Characteristics 10
    02 Fundamental Rights, Fundamental Duties and Directive Principles of State Policy 10
    03 Judiciary: Introduction to Supreme Court, Powers, and Functions of the Supreme Court.
    Introduction to High Court Powers and Functions of the High Court.
    Public Interest Litigation, Judicial Activism.
    10
    BOOKS REFERENCES

    ESSENTIAL READINGS :- Durga Das Basu – Introduction to the Constitution of India

    ADDITIONAL READINGS :- J. N. Pande – Constitution of India