Podcast
Questions and Answers
What is the total credit for the course?
What is the total credit for the course?
- 2 credits
- 3 credits (correct)
- 1 credit
- 4 credits
Which of the following is a primary learning objective of the course?
Which of the following is a primary learning objective of the course?
- To be introduced to data collection and analysis techniques (correct)
- To learn about the historical context of data analysis
- To understand international trade policies
- To master economic theories
What type of software will learners be trained to use in this course?
What type of software will learners be trained to use in this course?
- Word processing software
- Statistical software (correct)
- Web development software
- Graphic design software
How many internal assessment marks are allocated for this course?
How many internal assessment marks are allocated for this course?
What is one of the expected outcomes for learners by the end of the course?
What is one of the expected outcomes for learners by the end of the course?
What is the concept that describes the relationship between input and outputs in production?
What is the concept that describes the relationship between input and outputs in production?
In perfect competition, what characterizes the long-run equilibrium?
In perfect competition, what characterizes the long-run equilibrium?
What type of price discrimination involves charging different prices based on consumer group identity?
What type of price discrimination involves charging different prices based on consumer group identity?
Which model of duopoly focuses on firms choosing quantities simultaneously?
Which model of duopoly focuses on firms choosing quantities simultaneously?
What concept is used to describe the phenomenon when a firm has excess capacity in a monopolistically competitive market?
What concept is used to describe the phenomenon when a firm has excess capacity in a monopolistically competitive market?
What is a key characteristic of economics as a discipline?
What is a key characteristic of economics as a discipline?
What does the law of diminishing marginal utility imply?
What does the law of diminishing marginal utility imply?
Which of the following best describes a production possibility curve (PPC)?
Which of the following best describes a production possibility curve (PPC)?
The concept of equi-marginal utility helps explain which aspect of consumer behavior?
The concept of equi-marginal utility helps explain which aspect of consumer behavior?
Which market structure is characterized by a single seller and high entry barriers?
Which market structure is characterized by a single seller and high entry barriers?
What is the relationship between average revenue (AR) and marginal revenue (MR) in a perfectly competitive market?
What is the relationship between average revenue (AR) and marginal revenue (MR) in a perfectly competitive market?
Which factor is NOT considered an economic problem of a developing country?
Which factor is NOT considered an economic problem of a developing country?
What characterizes the marginal rate of substitution (MRS) in consumer theory?
What characterizes the marginal rate of substitution (MRS) in consumer theory?
What is one primary focus of the course ECO-001-MC-2110: Money and Banking?
What is one primary focus of the course ECO-001-MC-2110: Money and Banking?
Which course outcome includes understanding commercial and central banks?
Which course outcome includes understanding commercial and central banks?
What marks are allocated for internal assessment in the course?
What marks are allocated for internal assessment in the course?
How many total credits is the course ECO-001-MC-2110 worth?
How many total credits is the course ECO-001-MC-2110 worth?
What is a major topic covered in the course related to money?
What is a major topic covered in the course related to money?
What does CO2 of the course outcome focus on?
What does CO2 of the course outcome focus on?
In the course description, what is meant by 'Minimum Contact Hours'?
In the course description, what is meant by 'Minimum Contact Hours'?
What aspect of economics is specifically mentioned in the course outcomes?
What aspect of economics is specifically mentioned in the course outcomes?
What is the duration of the summer internship required for students in the UG Certificate programme?
What is the duration of the summer internship required for students in the UG Certificate programme?
What does the abbreviation 'MDC' stand for in the context of courses?
What does the abbreviation 'MDC' stand for in the context of courses?
In the course code 'ABC-DDD-CT-YSPR', what does 'DDD' represent?
In the course code 'ABC-DDD-CT-YSPR', what does 'DDD' represent?
Which of the following is NOT a component of the first semester in the course structure?
Which of the following is NOT a component of the first semester in the course structure?
What is the credit value for the course 'Introduction to Data Analysis' in the second semester?
What is the credit value for the course 'Introduction to Data Analysis' in the second semester?
Which course is associated with code 'ECO-001-CC-2230'?
Which course is associated with code 'ECO-001-CC-2230'?
How many total credits does the course 'Money and Banking' in the fourth semester have?
How many total credits does the course 'Money and Banking' in the fourth semester have?
In which semester is the 'Internship' course offered?
In which semester is the 'Internship' course offered?
What is the course type designation for 'Macroeconomics-I'?
What is the course type designation for 'Macroeconomics-I'?
Which course focuses on empirical techniques in economics?
Which course focuses on empirical techniques in economics?
What is the internal mark allocation for most courses as specified?
What is the internal mark allocation for most courses as specified?
Which of the following courses is categorized as an Ability Enhancement Compulsory Course (AECC)?
Which of the following courses is categorized as an Ability Enhancement Compulsory Course (AECC)?
In the course structure, what does the letter 'P' represent in the credits section?
In the course structure, what does the letter 'P' represent in the credits section?
Study Notes
Summer Internship Requirements
- Duration: 8 weeks for UG Certificate programme students.
- Key abbreviations: VAC (Value Added Course), MDC (Multi-Disciplinary Course), AECC (Ability Enhancement Compulsory Course), SEC (Skill Enhancement Course), MOOC (Massive Open Online Courses).
Programme Code Structure
- Code format: ABC-DDD-CT-YSPR
- ABC: Discipline Code (e.g., CSE for Computer Science and Engineering, SOW for Social Work).
- DDD: Unique number for each programme (e.g., B.A. = 001, B.Sc. = 002).
- CT: Course Type (e.g., CC for Core Course, DE for Department Elective).
- YSPR: Year-Semester-Paper Serial (currently zero).
First Semester Courses
- Microeconomics-I (ECO-001-CC-1110):
- Credits: 4, Maximum Marks: 100.
- AEC-1 (XXX-001-AE-XXXX):
- Credits: 4, Maximum Marks: 100.
- Entrepreneurship Development (ECO-001-SE-0010):
- Credits: 3, Maximum Marks: 100.
- Minor-1 (XXX-001-MC-1110):
- Credits: 4, Maximum Marks: 100.
- VAC-1 (XXX-001-VA-0010):
- Credits: 2, Maximum Marks: 100.
- MDC-1 (XXX-001-MD-1110):
- Credits: 3, Maximum Marks: 100.
Second Semester Courses
- Macroeconomics-1 (ECO-001-CC-1210):
- Credits: 4, Maximum Marks: 100.
- AEC-2 (XXX-001-AE-XXXX):
- Credits: 4, Maximum Marks: 100.
- Introduction to Data Analysis (ECO-001-SE-0020):
- Credits: 3, Maximum Marks: 100.
- Minor-2 (XXX-001-MC-1210):
- Credits: 4, Maximum Marks: 100.
- VAC-2 (XXX-001-VA-0020):
- Credits: 2, Maximum Marks: 100.
- MDC-2 (XXX-001-MD-1210):
- Credits: 3, Maximum Marks: 100.
Course Details for Subsequent Semesters
- Third Semester:
- Courses include Microeconomics-II, Mathematical Economics-I, Tourism Economics.
- Fourth Semester:
- Courses include Money and Banking, International Economics-I, Statistical Method-I.
- Fifth Semester:
- Courses include Mathematical Economics-II, Public Economics-I, Introduction to Environmental Economics.
- Sixth Semester:
- Courses include International Trade-II, Development Economics, Environmental Economics, Indian Economy.
- Seventh Semester:
- Focus on advanced economics topics including Microeconomics-III, Macroeconomics-II, Public Economics-II.
- Eighth Semester:
- Core elective: Econometric-I focusing on advanced economic data analysis.
Course Modules Overview
- Module Content: Emphasis on fundamental economic concepts, consumer behavior, production cost analysis, and market structures.
- Learning Objectives:
- Data analysis techniques, sampling design, software application for data analytics.
- Understanding producer behavior, market classifications (perfect competition, monopoly, monopolistic competition).
Money and Banking (ECO-001-MC-2110)
- Total Credit: 4 (4L), Minimum Contact Hours: 60.
- Key topics: Definition and functions of money, demand and supply concepts, role of commercial and central banks, inflation aspects.
- Learning Outcomes: Knowledge of money types, banking operations, and inflation impact.
Key Assessment Structure
- Internal Assessment: Typically 20 marks.
- End Semester Examination: 80 marks.
- Full Marks for courses: 100.
Skills Development
- Internships, practical analysis through software, and insights into modern economic theories are crucial for student competency in economics.
Recommended Texts
- This includes authors like Mishra & Puri for International Economics and foundational economic theories, which are essential references for coursework.
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Description
This quiz focuses on the 8-week summer internship requirement for students enrolled in the Undergraduate Certificate programme. It covers essential abbreviations like VAC, MDC, AECC, SEC, and MOOCs, providing a clear understanding of the programme structure and expectations.