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BBA Semester I - Basics of Business Economics

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BBA Semester I - Basics of Business Economics

BBA Semester I - Basics of Business Economics

updated on icon Updated on Aug, 2025

language icon Language - English

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category icon Business,Management,Other Management.

Lectures -32

Duration -4 hours

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Course Description

The course Basics of Business Economics introduces students to the fundamental principles of economics and their application in business decision-making. It covers key concepts such as demand and supply, production, cost, market structures, and the role of government in the economy. Students will learn how economic theories are applied to solve business problems, analyze market behavior, and make informed managerial decisions. The course provides a foundation for understanding both microeconomic and macroeconomic aspects of business environments.

Goals

  • To provide students with an understanding of fundamental economic concepts and principles.
  • To develop the ability to apply microeconomic and macroeconomic theories in business decision-making.
  • To analyze the behavior of consumers, producers, and markets using demand and supply principles.
  • To understand cost and production concepts and their role in business operations.

Prerequisites

  • Analytical and logical thinking skills to understand economic concepts.
  • Basic mathematical skills (ratios, percentages, graphs) for economic analysis.
  • No prior economics background is required, as this is an introductory course.
BBA Semester I - Basics of Business Economics

Curriculum

Check out the detailed breakdown of what’s inside the course

Introduction to Business

10 Lectures
  • play icon Foundation of Business 14:59 14:59
  • play icon Characteristics of Business 06:36 06:36
  • play icon Objectives of Business 14:01 14:01
  • play icon Role of Profit in Business 04:31 04:31
  • play icon Business Risk 16:15 16:15
  • play icon Classification of Business Activities 16:04 16:04
  • play icon How to Start a Business? 07:53 07:53
  • play icon Sole Proprietorship 15:55 15:55
  • play icon Partnership Form of Organisation 31:58 31:58
  • play icon Reading on Introduction to Business

Basic Economic Concepts

5 Lectures
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Demand Analysis

11 Lectures
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Production & Cost Analysis

5 Lectures
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Market Structures & Pricing Strategies

6 Lectures
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Instructor Details

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