Semester-wise Syllabus for M.Com in Business Economics

Semester 1: Foundations of Business Economics

1. Microeconomic Theory & Applications

   • Consumer behavior, production theory, market structures (perfect competition, monopoly)

   • Game theory, elasticity, and pricing strategies

2. Macroeconomic Analysis for Business

   • National income accounting, business cycles

   • Fiscal & monetary policy, inflation-unemployment tradeoff (Phillips Curve)

3. Quantitative Methods for Economics

   • Statistical tools (regression, correlation, hypothesis testing)

   • Excel/SPSS for economic data analysis

4. Managerial Economics

   • Demand forecasting, cost analysis, break-even analysis

   • Decision-making under uncertainty

5. Business Environment & Policy

   • Indian economic policies (FDI, Make in India, GST)

   • Global economic institutions (IMF, World Bank, WTO)

Semester 2: Applied Business Economics

1. Industrial Economics & Competition Policy

   • Market concentration (Herfindahl Index), antitrust laws

   • Case studies (e.g., Amazon-Future Group antitrust dispute)

2. International Trade & Finance

   • Trade theories (Ricardian, Heckscher-Ohlin), balance of payments

   • Forex markets, exchange rate regimes

3. Public Economics & Fiscal Policy

   • Taxation systems (direct vs. indirect taxes), Laffer Curve

   • Public debt, subsidies, and welfare economics

4. Econometrics for Business Decisions

   • Time-series analysis, forecasting models (ARIMA)

   • Stata/EViews software training

5. Elective I (Choose One)

   • Environmental Economics (Carbon pricing, ESG compliance)

   • Health Economics (Cost-benefit analysis of healthcare policies)

Semester 3: Specializations & Advanced Topics

1. Development Economics

   • Poverty alleviation, human development indices (HDI)

   • Sustainable development goals (SDGs)

2. Financial Economics

   • Capital markets, behavioral finance, risk-return tradeoff

   • Financial derivatives and hedging

3. Labor Economics & Human Capital

   • Wage determination, skill gaps, gig economy

   • NEP 2020 and education economics

4. Research Methodology

   • Data collection (primary/secondary), thesis writing

   • Case study analysis (e.g., demonetization impact)

5. Elective II (Choose One)

   • Digital Economy (Platform business models, data monetization)

   • Agricultural Economics (Farm laws, supply chain challenges)

Semester 4: Practical Applications & Capstone

1. Economic Policy Analysis

   • Evaluating government schemes (e.g., PM-KISAN, MGNREGA)

   • Cost-benefit analysis of infrastructure projects

2. Business Economic Forecasting

   • Leading indicators (PMI, IIP), scenario modeling

   • Bloomberg/CEIC database training

3. Dissertation/Internship

   • Research project (e.g., "Impact of RBI rate hikes on MSMEs")

   • Internship with think tanks (NITI Aayog, CRISIL)

4. Viva & Industry Certifications

   • Prep for NABARD/UPSC Economics exams

   • Mock policy presentations