| S.No |
Course Outcomes |
Bloom’s Taxonomy |
| 1 |
CO 1: Students will be able to remember the concepts of microeconomics and also able to understand the various microeconomic principles to make effective economic decisions under conditions of risk and uncertainty. |
Knowledge (K2)
Remembering (K1) |
| 2 |
CO 2: The students would be able to understand the law of demand & supply & their elasticities, evaluate & analyze these concepts and apply them in various changing situations in industry. Students would be able to apply various techniques to forecast demand for better utilization of resources. |
Knowledge (K2)
Applying (K4)
Synthesizing (K6)
Evaluating (K7) |
| 3 |
CO 3: The students would be able to understand the production concept and how the production output changes with the change in inputs and able to analyze the effect of cost to business and their relation to analyze the volatility in the business world. |
Comprehending (K3)
Applying (K4)
Analyzing (K5)
Evaluating (K7) |
| 4 |
CO 4: The students would be able to understand & evaluate the different market structures and their different equilibriums for the industry as well as for consumers for the survival in the industry by the application of various pricing strategic. |
Applying (K4)
Analyzing (K5)
Synthesizing (K6) |
| 5 |
CO 5: The students would be able to analyze the macroeconomic concepts & their relation to microeconomic concepts & how they affect the business & economy. |
Knowledge (K2)
Comprehending (K3) |
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