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Tribhuvan university BIT BIT Curriculum Economics

Economics - Syllabus

Course Overview and Structure
Syllabus Notes Old Questions Unit Wise Questions Question Bank

Embark on a profound academic exploration as you delve into the Economics course (eco) within the distinguished Tribhuvan university's BIT department. Aligned with the BIT Curriculum, this course (Na) seamlessly merges theoretical frameworks with practical sessions, ensuring a comprehensive understanding of the subject. Rigorous assessment based on a 80 + 20 marks system, coupled with a challenging passing threshold of , propels students to strive for excellence, fostering a deeper grasp of the course content.

This 3 credit-hour journey unfolds as a holistic learning experience, bridging theory and application. Beyond theoretical comprehension, students actively engage in practical sessions, acquiring valuable skills for real-world scenarios. Immerse yourself in this well-structured course, where each element, from the course description to interactive sessions, is meticulously crafted to shape a well-rounded and insightful academic experience.


Course Description

This course covers the basic concepts of microeconomics and macroeconomics. In encompasses basic

economic problems, demand, supply, market equilibrium, elasticity of demand and supply, consumer

choice, production, cost, revenue, market structure, concept of national product and income and its

measurement, monetary and fiscal policies.

Course Objectives

The main objective of this course is to make students familiar with the basic concepts of economics.

Units

Key Topics

  • Introduction to Economics
    EC-1

    Defining economics through the perspectives of Alfred Marshall, Lipsey, and Lionel Robbins.

  • Microeconomics
    EC-2

    Understanding the concept and scope of microeconomics.

  • Economic Systems
    EC-3

    Characteristics of free market, centrally planned, and mixed economic systems with examples.

  • Production Possibility Curve
    EC-4

    Analyzing society's production possibility curve/frontier and its relation to choice, scarcity, and opportunity cost.

Demand, Supply and Price

Meaning of demand, Law of demand

Individual and market demand, movement along and shift of a demand (with schedule and graph/curve);

Meaning of supply, law of supply,

Individual and market demand, movement along and shift of a demand (with schedule and graph/curve);

Market equilibrium: the interplay of demand and supply; change in market equilibrium due to factors shifting the demand and supply curves;

Defining elasticity of demand (price, income and cross), price elasticity and its measurement (percentage, arc/ midpoint)

Income and cross elasticity of demand and its types and measurement

Concepts of Elasticity of supply, concept of consumer and producer surpluses;

Government intervention in the market through price floor, price ceiling and tax and effect

Numerical Examples

Presentation, Debate and Discussion

Key Topics

  • Nature of Internship
    CO-1

    The internship work should be relevant to the field of computer science and information technology, with a minimum duration of 180 hours or ten weeks.

  • Phases of Internship
    CO-2

    The internship evaluation consists of three phases: Proposal Submission, Mid-Term Submission, and Final Submission.

  • Provision of Supervision
    CO-3

    A regular faculty member of the college is assigned as a supervisor to supervise the students throughout the internship period.

  • Provision of Mentorship
    CO-4

    A regular employee of the intern providing organization is assigned as a mentor to guide the students throughout the internship period.

  • Evaluation Scheme
    CO-5

    The evaluation scheme consists of Proposal Defense, Midterm, and Final Defense, with a total of 200 marks.

  • Report Contents
    CO-6

    The internship report should contain prescribed content flow, including introduction, problem statement, objectives, and references.

Key Topics

  • Project Management Techniques
    PR-1

    This topic covers various project management techniques used to plan, organize, and control projects. It includes developing project management plans and implementing, monitoring, and controlling projects.

  • Collaborative Development Environment
    PR-2

    This topic focuses on creating an environment that fosters collaboration and teamwork. It includes communications planning, organizing and conducting effective meetings, and other collaborative development strategies.

  • Inter Process Communication
    PR-3

    Methods of communication between processes, including race conditions and critical sections.

  • Implementing Mutual Exclusion
    PR-4

    Techniques for achieving mutual exclusion, including busy waiting, sleep and wakeup, semaphores, monitors, and message passing.

  • Classical IPC Problems
    PR-5

    Solutions to classic inter-process communication problems, including producer-consumer, sleeping barber, and dining philosopher problems.

  • Process Scheduling
    PR-6

    Goals and techniques for scheduling processes, including batch, interactive, and real-time systems.

  • Deadlock Prevention
    PR-7

    This topic covers deadlock prevention techniques, which ensure that deadlocks cannot occur by preventing one of the necessary conditions for deadlock.

Lab works