Subjects Of B.COM 1st Year Lucknow University

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Group -A Paper (i)– Micro Economics
Unit –I Definition Nature and scope of economics, Marshall & Robins Views. Utility of Economics, Micro vs. Macromedia of Economics study, Economic Theory and Business Decisions.

Unit –II Utility Analysis, Consumer Behaviour, Consumer’s equilibrium. Traditional approach and Indifference curve and Analysis: price income and substitution effects. Some application of indifference Curve Techniques, Elasticity of demand.

Unit –III Production –Equal Product Curves, Scale of Production: Input-Output relationship, cost Curves; Variable cost conditions and law of variable proportions, Producers’equilibrium. Product pricing –market format, perfect competition, Monopoly and imperfect completion.

Unit-IV Pricing of Factors of Production, Concept of Marginal Productivity, Theories of Rent, Wages, Theories of
Interest and Profit.

Paper (ii) : Currency and Banking
Unit –I Functions significance of money, Various forms of money, Causes, remedies and effects of Inflation, Deflation and Reflation, Indian Money Market, Principles Methods of Note issue, Monetary Standard – Gold Standard, Bi-metallise and Managed Currency Standard.
Unit –II Meaning and significance of credit. Factors influencing the Volume of credit in Country, Credit Creations of Bank, Credit Control by RBI.

Unit –III Functions of Commercial Bank, types of banks, Unit and branch Banking System, concept of mixed banking, Central Bank and its functions, Reserve Bank of India, State Bank of India, Regional Rural
Banks, Progress of Nationalized Banks in India.

Unit –IV Concept of Foreign Exchange and Exchange rate. Factors causing fluctuation in Exchange Control Meanin . Ob ective and Methods.



BCOM 1st Year program syllabus






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