BASIC TOOLS IN ECONOMICS | FYBCOM SEM 1 | MANAN PRAKASHAN

• Aligned with NEP 2020: Structured to meet the requirements of the academic year 2024-2025, ensuring relevance and up-to-date content.

• Clear and Accessible Language: Written in English, the book presents complex concepts in an easy-to-understand manner, making it suitable for beginners.

• Comprehensive Coverage: Divided into two modules, the book covers essential topics such as variables, ceteris paribus, functions, equations, identities, graphs, diagrams, lines, curves, slopes, and tables.

• Practical Application: Emphasizes the practical use of economic tools in analyzing real-world scenarios, enhancing students’ analytical skills.

📘 Module Breakdown

Module I: Introduction to Basic Tools (15 Lectures)

• Variables: Understanding their meaning, types, importance, and use.

• Ceteris Paribus: Exploring its meaning, significance, and application.

• Functions: Delving into their meaning, types, importance, and use.

• Equations: Examining their meaning, types, significance, and use.

• Identities: Understanding their meaning, types, importance, and use.

Module II: Graphs and Tables (15 Lectures)

• Graphs and Diagrams: Learning about their meaning, types, features, importance, and use.

• Lines and Curves: Understanding their meaning, types, importance, and use.

• Slope: Exploring its meaning, types, importance, and use.

• Tables and Schedules: Grasping the meaning of a table, characteristics, and its use or importance.