CSEET Economics and Business Environment Online Classes by PH.D. Sachin Gulati

Part A – Economics (25 marks)

Unit 1

Basics of Demand and

Supply and Forms of

Market Competition

• Theory of Demand and Supply

• Equilibrium Price

• Elasticity of Demand and Supply and other related

concepts

• Increase and Decrease in Demand and Expansion

and Contraction of Demand

• Forms of Market Competition- Monopoly, Duopoly, Oligopoly, Perfect Competition and Monopolistic

Competition

Unit 2

National Income Accounting and Related Concepts

• Meaning and methods to compute National Income

• Key variables of National Income (GNP, GDP, NNP,

NDP etc.)

Unit 3

Indian Union Budget

• Key terminologies/heads covered under the budget

• Revenue and Capital Budget

• Major components of Revenue and Capital Budget

• Meaning of Fiscal Deficit

• Components/ Variables covered under Fiscal Deficit

Unit 4

Indian Financial

Markets

• Overview of Indian Financial Ecosystem

• Key facets of the Indian financial system

• Growth of Financial Institutions

• Public and private sector banks

• Industrial Finance Corporation of India, Small

Industries Development Bank of India

• Regional Rural Banks

• Cooperative Banks

• Non-Banking Finance Companies

• Basics of Capital Market: Types of Shares and

Debentures

• Financial assistance scenario for Small and Medium Enterprises and Start-Ups

Unit 5

Indian Economy

• Primary (Agriculture and allied activities)

• Secondary (Manufacturing)

• Tertiary (Services):

• Current scenario of agriculture and allied activities in

India

• Agricultural and Industrial Policies of India

• Current scenario of the services sector in India

• Balance of Payments

• Components of Balance of Payments

• Favorable and Unfavorable Balance of Trade

• Foreign Investments in India- Types and Flows

Part B – Business Environment (25 marks)

Unit 6

Entrepreneurship Scenario

• Government initiatives to foster entrepreneurship

• Need for entrepreneurship in India

• Bottlenecks in entrepreneurial growth

Unit 7

Business Environment

• Overview of Business Environment

• Features and factors influencing business

environment

• Types of the environment: Economic environment,

Socio-cultural environment, Political environment,

Legal and Technological environment

• Ease of Doing Business Index by World Bank for

India and Department for Promotion of Industry and

Internal Trade (DPIIT) for States

Unit 8

Key Government Institutions

• Basic awareness about various institutions and

regulatory bodies in India such as NITI Aayog, MCA, SEBI, RBI, IBBI, CCI, NCLT/NCLAT etc.