UG Certificate Programme Internship Overview
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Questions and Answers

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?

  • 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?

  • Word processing software
  • Statistical software (correct)
  • Web development software
  • Graphic design software

    • How many internal assessment marks are allocated for this course?

    <p>20 marks</p> Signup and view all the answers

    What is one of the expected outcomes for learners by the end of the course?

    <p>To analyze data using Excel and statistical software</p> Signup and view all the answers

    What is the concept that describes the relationship between input and outputs in production?

    <p>Production Isoquants</p> Signup and view all the answers

    In perfect competition, what characterizes the long-run equilibrium?

    <p>Firms earn normal profits</p> Signup and view all the answers

    What type of price discrimination involves charging different prices based on consumer group identity?

    <p>Third-degree price discrimination</p> Signup and view all the answers

    Which model of duopoly focuses on firms choosing quantities simultaneously?

    <p>Cournot Model</p> Signup and view all the answers

    What concept is used to describe the phenomenon when a firm has excess capacity in a monopolistically competitive market?

    <p>Excess capacity</p> Signup and view all the answers

    What is a key characteristic of economics as a discipline?

    <p>It studies the allocation of scarce resources.</p> Signup and view all the answers

    What does the law of diminishing marginal utility imply?

    <p>Marginal utility decreases as consumption increases.</p> Signup and view all the answers

    Which of the following best describes a production possibility curve (PPC)?

    <p>It shows the maximum possible output combinations of two goods.</p> Signup and view all the answers

    The concept of equi-marginal utility helps explain which aspect of consumer behavior?

    <p>Consumers will allocate their income to equalize the marginal utility per dollar spent.</p> Signup and view all the answers

    Which market structure is characterized by a single seller and high entry barriers?

    <p>Monopoly</p> Signup and view all the answers

    What is the relationship between average revenue (AR) and marginal revenue (MR) in a perfectly competitive market?

    <p>AR equals MR.</p> Signup and view all the answers

    Which factor is NOT considered an economic problem of a developing country?

    <p>High savings rate</p> Signup and view all the answers

    What characterizes the marginal rate of substitution (MRS) in consumer theory?

    <p>It measures how much of one good a consumer is willing to give up for another.</p> Signup and view all the answers

    What is one primary focus of the course ECO-001-MC-2110: Money and Banking?

    <p>It imparts knowledge regarding concepts of Money and Banking.</p> Signup and view all the answers

    Which course outcome includes understanding commercial and central banks?

    <p>CO3</p> Signup and view all the answers

    What marks are allocated for internal assessment in the course?

    <p>20 marks</p> Signup and view all the answers

    How many total credits is the course ECO-001-MC-2110 worth?

    <p>4 credits</p> Signup and view all the answers

    What is a major topic covered in the course related to money?

    <p>Functions of money</p> Signup and view all the answers

    What does CO2 of the course outcome focus on?

    <p>The demand and supply of money.</p> Signup and view all the answers

    In the course description, what is meant by 'Minimum Contact Hours'?

    <p>Mandatory hours for attending classes.</p> Signup and view all the answers

    What aspect of economics is specifically mentioned in the course outcomes?

    <p>Different aspects of inflation</p> Signup and view all the answers

    What is the duration of the summer internship required for students in the UG Certificate programme?

    <p>8 weeks</p> Signup and view all the answers

    What does the abbreviation 'MDC' stand for in the context of courses?

    <p>Multi-Disciplinary Course</p> Signup and view all the answers

    In the course code 'ABC-DDD-CT-YSPR', what does 'DDD' represent?

    <p>Unique Programme Number</p> Signup and view all the answers

    Which of the following is NOT a component of the first semester in the course structure?

    <p>Mathematical Economics-I</p> Signup and view all the answers

    What is the credit value for the course 'Introduction to Data Analysis' in the second semester?

    <p>3 credits</p> Signup and view all the answers

    Which course is associated with code 'ECO-001-CC-2230'?

    <p>Growth and Development Economics</p> Signup and view all the answers

    How many total credits does the course 'Money and Banking' in the fourth semester have?

    <p>4 credits</p> Signup and view all the answers

    In which semester is the 'Internship' course offered?

    <p>Fifth Semester</p> Signup and view all the answers

    What is the course type designation for 'Macroeconomics-I'?

    <p>Core Course</p> Signup and view all the answers

    Which course focuses on empirical techniques in economics?

    <p>Econometrics-I</p> Signup and view all the answers

    What is the internal mark allocation for most courses as specified?

    <p>20 marks</p> Signup and view all the answers

    Which of the following courses is categorized as an Ability Enhancement Compulsory Course (AECC)?

    <p>AEC-1</p> Signup and view all the answers

    In the course structure, what does the letter 'P' represent in the credits section?

    <p>Practical hours</p> Signup and view all the answers

    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.
    • This includes authors like Mishra & Puri for International Economics and foundational economic theories, which are essential references for coursework.

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    Quiz Team

    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.

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