Department of SCHOOL OF LAW

Syllabus for
Bachelor of Business Administration-Bachelor of Law (Honours)
Academic Year  (2021)

 
1 Semester - 2021 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
BBL121 PRINCIPLES OF MANAGEMENT Core Courses 4 4 100
BBL127 FOUNDATIONAL KANNADA Ability Enhancement Compulsory Course 2 02 50
BBL132 ENGLISH Core Courses 4 4 100
BBL143 PRINCIPLES OF ECONOMICS Core Courses 4 4 100
BBL164 LEGAL METHODS Core Courses 5 4 100
BBL165 INDIAN LEGAL AND CONSTITUTIONAL HISTORY Core Courses 5 4 100
BBL166 LAW OF TORTS Core Courses 5 4 100
2 Semester - 2021 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
BBL221 PRINCIPLES OF ACCOUNTING - 4 4 100
BBL232 BUSINESS COMMUNICATION - 4 4 100
BBL253 LAW AND SOCIETY - 5 4 100
BBL264 LEGAL LANGUAGE AND LEGAL WRITING - 5 4 100
BBL265 LAW OF CONSUMER PROTECTION AND MOTOR VEHICLES ACT - 5 4 100
BBL2E1 HUMAN RIGHTS - 5 4 100
BBL2E2 ANIMAL WELFARE LAW - 5 4 100
BBL2E3 HISTORY OF LAW AND JUSTICE - 5 4 100
BBL2E4 LAW, POVERTY AND DEVELOPMENT - 5 4 100
BBL2E5 LAW AND MEDICINE - 5 4 100
3 Semester - 2020 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
BBL321 HUMAN RESOURCE MANAGEMENT Core Courses 4 4 100
BBL327 FOUNDATIONAL KANNADA Ability Enhancement Compulsory Course 2 02 50
BBL342 INSTITUTIONAL ECONOMICS Core Courses 4 4 100
BBL364 LAW OF CONTRACT - I Core Courses 5 4 100
BBL365 FAMILY LAW - I Core Courses 5 4 100
BBL383 PHILOSOPHY OF LAW Core Courses 5 4 100
BBL3E1 FOREST LAWS Discipline Specific Elective 5 4 100
BBL3E2 WOMEN AND LAW Discipline Specific Elective 5 4 100
BBL3E3 FOOD LAW AND POLICY Discipline Specific Elective 5 04 100
BBL3E4 CRITICAL THINKING, READING AND WRITING IN LAW Discipline Specific Elective 5 5 100
BBL3E5 FINANCIAL MANAGEMENT Core Courses 4 4 100
4 Semester - 2020 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
BBL421 MARKETING MANAGEMENT - 4 4 100
BBL442 LAW AND ECONOMICS - 4 4 100
BBL463 JURISPRUDENCE - 60 4 100
BBL464 LAW OF CONTRACT - II - 5 4 100
BBL465 FAMILY LAW - II - 5 4 100
BBL466 PROPERTY LAW - 5 4 100
5 Semester - 2019 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
BBL561 COMPANY LAW - I Core Courses 5 4 100
BBL562 CONSTITUTIONAL LAW - I Core Courses 5 4 100
BBL564 ENVIRONMENTAL LAW Core Courses 5 4 100
BBL565 LABOUR AND INDUSTRIAL LAW - I Core Courses 5 4 100
BBL583 PRINCIPLES OF CRIMINAL LAW Core Courses 5 4 100
BBL5E1 RESEARCH METHODOLOGY - 5 4 100
6 Semester - 2019 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
BBL661 CRIMINAL LAW - I - 5 4 100
BBL662 COMPANY LAW - II - 5 4 100
BBL663 CONSTITUTIONAL LAW - II - 5 4 100
BBL665 LABOUR AND INDUSTRIAL LAW - II - 5 4 100
BBL684 INTELLECTUAL PROPERTY LAW - 5 4 100
BBL6E1 LAW OF CORPORATE INSOLVENCY - 5 4 100
BBL6E2 CLIMATE CHANGE: LAW AND POLICY - 5 4 60
BBL6E3 ENERGY LAWS - 5 4 100
BBL6E4 DOMESTIC VIOLENCE - 5 4 100
BBL6E5 SECURITIES LAWS - 5 4 100
BBL6E6 RESEARCH METHODOLOGY - 5 4 100
7 Semester - 2018 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
BBL761 ADMINISTRATIVE LAW Core Courses 5 4 100
BBL764 PUBLIC INTERNATIONAL LAW Core Courses 5 4 100
BBL782 LAW OF BANKING Core Courses 5 4 100
BBL783 LAW OF INSURANCE Core Courses 5 4 100
BBL7E1A LAW OF TRADEMARKS Discipline Specific Elective 5 4 100
BBL7E1B INTERNATIONAL HUMANITARIAN LAW Discipline Specific Elective 5 1 100
BBL7E2A COMPARATIVE CONSTITUTIONAL LAW Discipline Specific Elective 5 4 100
BBL7E2B NUCLEAR LAW Discipline Specific Elective 5 4 100
BBL7E3A CYBER LAW Discipline Specific Elective 5 4 100
BBL7E3B GENDER, DIVERSITY AND INCLUSION IN ORGANIZATIONAL MANAGEMENT Discipline Specific Elective 5 4 100
BBL7E4A EARTH JUSTICE- DEVELOPING A NEW JURISPRUDENCE Discipline Specific Elective 5 4 100
BBL7E4B LAW OF MERGERS AND ACQUISITIONS Discipline Specific Elective 5 4 100
BBL7E5A REAL ESTATE AND INFRASTRUCTURE DEVELOPMENT LAWS Discipline Specific Elective 5 3 100
BBL7E5B LAND LAWS Discipline Specific Elective 4 4 100
8 Semester - 2018 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
BBL863 CRIMINAL LAW - II - 5 4 100
BBL864 CIVIL PROCEDURE CODE AND LIMITATION ACT - 5 4 100
BBL881 LAW OF E-COMMERCE - 5 4 100
BBL882 INTERPRETATION OF STATUTES - 5 4 100
BBL8E1A HEALTH LAW - 5 4 100
BBL8E1B INTERNATIONAL ENVIRONMENTAL LAW - 5 4 100
BBL8E2A SCIENCE, TECHNOLOGY AND HUMAN RIGHTS - 5 4 100
BBL8E2B MEDIA LAW - 5 4 100
BBL8E3A LAW OF INJUNCTIONS - 5 4 100
BBL8E3B LAW OF COPYRIGHT - 5 4 100
BBL8E4A COMPARATIVE CORPORATE LAW - 4 4 100
BBL8E4B CONFLICT OF LAWS - 5 4 100
BBL8E5A LAW OF WRITS - 5 4 100
BBL8E5B INTERNATIONAL CRIMINAL LAW - 5 4 100
9 Semester - 2017 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
BBL961 LAW OF TAXATION Core Courses 5 4 100
BBL962 LAW OF EVIDENCE Core Courses 5 4 100
BBL975 DRAFTING, PLEADING AND CONVEYANCE (C1) Discipline Specific Elective 5 4 100
BBL976 ALTERNATIVE DISPUTE RESOLUTION (C2) Discipline Specific Elective 5 4 100
BBL983 COMPETITION LAW Core Courses 5 4 100
BBL9E1 NEGOTIATION, DRAFTING AND VETTING OF CONTRACTS Discipline Specific Elective 5 4 100
BBL9E2 WITNESS EXAMINATION Discipline Specific Elective 5 4 100
BBL9E3 ARTIFICIAL INTELLIGENCE AND LAW Discipline Specific Elective 5 4 100
BBL9E4 TELECOMMUNICATION LAW Discipline Specific Elective 5 4 100
BBL9E5 AVIATION LAW Discipline Specific Elective 5 4 100
10 Semester - 2017 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
BBL1073 PUBLIC INTEREST LITIGATION, LEGAL AID AND PARA LEGAL SERVICES (C3) - 5 4 100
BBL1074 MOOT COURT AND INTERNSHIP (C4) - 5 4 100
BBL1075 PROFESSIONAL ETHICS AND PROFESSIONAL ACCOUNTING SYSTEM(C5) - 4 4 100
BBL1086 DISSERTATION - 5 4 100
BBL10E1A PARA LEGAL SERVICES - FIELD VISIT - 4 4 100
BBL10E1B INTERNATIONAL INVESTMENT LAW - 5 4 100
BBL10E2A INTERNATIONAL TAXATION - 5 4 100
BBL10E2B LAW OF EXECUTION - 5 4 100
BBL10E3A INTERNATIONAL COMMERCIAL ARBITRATION - 5 4 100
BBL10E3B SPORTS LAW - 5 4 100
BBL10E4A PENOLOGY AND VICTIMOLOGY - 5 04 100
BBL10E4B ANTITRUST AND PATENT LAW - 5 4 100
BBL10E5A MARITIME LAW - 5 4 100
BBL10E5B SPACE LAW - 4 1 100
        

Department Overview:

The School of Law, CHRIST (Deemed to be University)  is a premier law school in the country having been consistently ranked among the top ten law schools for many years now by leading ranking agencies measured on comprehensive academic parameters. 

The School of Law in alignment with the University’s vision of ‘Excellence and Service’, focuses on holistic educational development which seeks to nurture socially committed and professionally competent law students, the testimony of which is manifested in the strong, well placed alumni across the globe.

 The dynamic and flexible curriculum which appeals to a wide range of interests is taught as elective courses apart from the conventionally mandated Bar Council of India core papers. The teaching pedagogy is unique by its cutting edge focus on legal skill development through specialised guest lectures, workshops, seminars, simulation exercises and value added courses on legal drafting,

Mission Statement:

To create and pro actively generate in depth legal knowledge in the student community so that they can transfer their knowledge acquired to the larger benefits of the society in accordance with professional ethics and values.

Introduction to Program:

BBA, LL.B ( Honours). 
The BBA LL.B ( Honours) is specially designed with a multi-disciplinary approach to cater to Corporate sector, law firms and in-house counsels in companies. This Programme provides a stellar background for foray into Emerging and specialised areas like mergers and acquisitions, securities and investment law, international taxation etc which helps in practice as well as higher education abroad. 

In the First two years of the integrated BBA, LL.B ( honours) programme, Major courses like Accounting and Management are offered which primarily forms the differential element as against the BA, LL.B ( honours)  programme.      

Program Objective:

PO1: ACADEMIC EXPERTISE                 
1.    A developed knowledge and critical understanding of the key concepts
2.    Knowledge in core areas of law - legislations
3.    Knowledge in non core areas / interdisciplinary

PO2: CRITICAL THINKING, LEGAL REASONING AND RESEARCH SKILLS
1.    The ability to review, present and critically evaluate qualitative and quantitative information to:
a)    Develop lines of argument;
b)    Make sound judgments in accordance with the major theories, concepts and methods of the subject(s) of study;
c)    Apply underlying concepts, principles, and techniques of analysis, both within and outside the discipline;
  

Assesment Pattern

·         CIA I – Class Test / Assignment / Presentation            – 10%

·         CIA II – Mid Semester Examination                                  – 25%

·         CIA III – Research Topic                                                     – 10%

·         Attendance                                                                            – 05%

·         End Semester Examination                                                – 50%

                                                                                                TOTAL 100%

 

Examination And Assesments

Continues internal assessments for theory course 50%, end semester examination 50%

BBL121 - PRINCIPLES OF MANAGEMENT (2021 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

 

Course Description: The course provides foundation to the principles of management and major managerial functional areas in mamangement . It covers the basic principles of planning, organizing, staffing, motivation, leadership, communication and controlling. It traces the historical evolution of management thought and also focuses on the contemporary challenges faced by managers.

COURSE OBJECTIVES: 

A) To expose students to the theories of management, organizational theory, and the practices of management in contemporary organizations from a conceptual, analytical, and pragmatic perspective.  

B) To enable the students to learn the skills and knowledge on managing the organization and implement the principles of management effectively in the organization. 

C) To orient the students on recent changes and development in the field of management

Learning Outcome

COURSE OUTCOME:

a)  Students will be able to describe and discuss the elements of effective management and discuss   and apply the planning, organizing and control processes

b) Students will be able to identify, discuss and/or describe various theories related to the development of leadership skills, motivation techniques, teamwork and effective communication

c)  Students will be able to apply the knowledge about management in the real life business 

Unit-1
Teaching Hours:8
NATURE OF MANAGEMENT
 

Definition of Management, Nature of Management – Management as a Science or Art or Profession – Management vs Administration.Types of Organizations Management.

Unit-2
Teaching Hours:8
EVOLUTION OF MANAGEMENT THOUGHT
 

Scientific Management. Contributions of Henry Fayol, Principles of Management Hawthorne Experiments and Human Relations, Contributions of Behavioural Scientist- sQualities and skills of a Manager.

Unit-3
Teaching Hours:8
FUNCTIONS OF MANAGEMENT
 

 

Need for the Principles of Management. Social responsibilities of Business. Factors responsible for the realization of Social Business Social issues of Business. Responsibility towards different interest Groups. For/against Social responsibility Social values and Business Ethics. Social responsibility in India

 

Unit-4
Teaching Hours:8
PLANNING
 

 

Nature and Definition of planning - Premises – Principles of Planning-The 6 P’s in Planning- Reasons for Planning Approaches to Planning- Pros & Cons in Planning Steps in Planning Process, Types of Plans.

 

Unit-5
Teaching Hours:8
FORMAL INFORMAL ORGANIZATION
 

 

Principles of Organization Importance –Objectives –Steps in organization Organizational Structure - Types of Organization Departmentation Committees - Authority and Responsibility – Differences Centralization vs Decentralization

 

Unit-6
Teaching Hours:8
DIRECTING
 

Power – Sources of Power. Delegation – Characteristics – Principles – Types Difficulties in delegation- Importance – Factors influencing degree of Delegation Leadership – Definition – Nature – Theories Styles of Leadership Functions- Qualities 

Unit-7
Teaching Hours:8
MOTIVATION
 

Nature – Types  - Importance Maslow’s Theory of Motivation- Herzberg’s theory Carrot and stick approach – McGregor’s Theory X & Y Techniques to increase motivation

 

 

Unit-8
Teaching Hours:4
QUALITY CONTROL
 

Certification- Six Sigma – Total Quality Management Systems. Industrial Visit as a part of Service learning.

Text Books And Reference Books:

1) Stoner, Freeman, Gilbert Jr. (2014). Management (6th edition), New Delhi: Prentice Hall India. 

2) Koontz, H., & Weihrich, H. (2010) Essentials of Management, McGraw Hill Publishers. 

3) Daft, R. L. (2009). Principles of Management (1st edition), Cengage Learning. 

4) Gupta, R.S., Sharma, B.D., &Bhalla. N.S. (2011). Principles & Practices of Management (11th edition). New Delhi: Kalyani Publishers. 

5) Ramadorai, S. (2011). The TCS Story and Beyond. India: Penguin Books 

6) Rao, P.S. (2009). Principles of Management, Himalaya Publishing House. 

7) Rao, V.S.P.  & Krishna, V. H. (2009). Management: Text and Cases, Excel Books 

8) Sharma, R.K & Gupta, S.K. (2009). Business Management (3rd edition), New Delhi: Kalyani Publishers.

9)Tripathi, R. (2009) Essentials of Management, Himalaya Publishing House

Essential Reading / Recommended Reading

1.      Stoner, Freemen, and Gilbert Jr. Management, Prentice Hall.

2.      Koontz, Weihrich. Essentials of Management. Mc.Graw Hill.

3.      Gupta, S. L., Anurag Mittal, and Dr. Sunil K. Gupta. Case Studies in Management, Wisdom Publications.

4.      Sharma, R. K, and Shashi Gupta. Business Management, Kalyani Publishers.

5.      Prasad, L. M. Principles and Practice of Management, Sulthan Chand Publishers.

Evaluation Pattern

·         CIA I – Class Test / Assignment / Presentation            – 10%

·         CIA II – Mid Semester Examination                          – 25%

·         CIA III – Book Review                                               – 10%

·         Attendance                                                               – 05%

·         End Semester Examination                                     – 50%

                                      TOTAL                             100%

 

 

BBL127 - FOUNDATIONAL KANNADA (2021 Batch)

Total Teaching Hours for Semester:30
No of Lecture Hours/Week:2
Max Marks:50
Credits:02

Course Objectives/Course Description

 

Students will be exposed to the use of Kannada Language both in oral and written forms. In the introductory sessions Kannada alphabets, words, simple sentence writing and basic grammar will be taught. At the end of the course students will be able to Read, Write and Speak in Kannada Language.  Students, particularly coming from other states will benefit from the course. 

Learning Outcome

  1. Enable students to communicate in the State Language Kannada. 
  2. Focusses on Conversational Kannada and writing Kannada
  3. Able to read and write in Kannada
  4. Exposed to kannada reading, writing and  language skills
  5. Aware of the culture and heritage of Karnataka 

Unit-1
Teaching Hours:8
Alphabets-1
 

1. Kannada Varnamale- Swargalu, Sandhyakshara, Anuswara & Visarga                   

2. Vargeeya Vyanjana, Anunasikagalu                                                                     

3. Avargeeya Vyanjana, Ottakshargalu                                                                   

Unit-2
Teaching Hours:8
Alphabets-2
 

1. Kagunitha                                                                                                            

2. Parts of Speech: Noun, Prounaoun, Verb, Conjunction, Interjection, Exclamatory,                                                                                                       

3. Linga, Vachana, Vibhakti Pratyagalu                                                                  

 

 

Unit-3
Teaching Hours:8
Alphabets-3
 

1. Verb- Verb Root                                                                  

2. Sentence making, Translation & Question form, Negation, Opposite words  etc.,   

Unit-4
Teaching Hours:6
Alphabets-4
 

Comprehension, Letter Writing & Lessons:                                                                                                              

Text Books And Reference Books:
  1. Muddu Kannada: R.L. Anantharamaiah
  2. Tili Kannada: K.S. Madhusudana & H.N. Muralidhara
  3. Spoken Kannada Level-1 Build your Kannada Vocabulary- Raghavendra Prasad                                                          

 

Essential Reading / Recommended Reading
  1. Muddu Kannada: R.L. Anantharamaiah
  2. Tili Kannada: K.S. Madhusudana & H.N. Muralidhara
  3. Spoken Kannada Level-1 Build your Kannada Vocabulary- Raghavendra Prasad 
  4. Kannada Maggi Pustaka 
Evaluation Pattern

CIA 1 : Written test  to test their writing ability-20 Marks 

CIA 2:  Dictation-10 Marks 

CIA 3:  Oral test  to test their speaking ability-20 Marks 

 

 

 

BBL132 - ENGLISH (2021 Batch)

Total Teaching Hours for Semester:50
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

Course Description:

The course will focus on strengthening the  grammatical skills of students, which in turn will help them in speaking and writing clearly and effectively, using the English Language. Articles from newspapers and magazines on contemporary issues, will be used as samples for language practice, within the class room. Students will also engage in reading sessions, so as to get acquainted with different styles of writing, comprehend complicated pieces, critique issues and think independently. The course will also use language as a medium to sensitize students and generate discussions about various socio-political issues, through regular discussions. 

 

Course objectives:

 

Tofacilitate the students in enhancing their reading, writing, comprehension and oral communication skills.  The course will also help the students in having a sound grasp over the language and to clearly and effectively communicate using the written language. The oral skills of students too get honed, as they get trained in making power point presentations in a professional way.  Reading exercises and discussions will  facilitate in developing their analytical and critical thinking  skills.

 

Learning Outcome

1.  Communicate orally in a more effective way and do power point presentations  in a  professional way.

2. Apply analytical and critical thinking skills while reading long passages.

3. Writing answers to questions in a systematic way.

4. Contribute creative thoughts and ideas on issues evolving through readings in class.

5.Construct meaningful paragraphs adhering to the rules of grammar.

6. Apply the rules of punctuation correctly, while writing.

7. Draft letters, write essays and Research papers (at a very basic level), adhering to the rules of academic writing.

8. Apply the rules of grammar, while constructing sentences and paragraphs.

 

Unit-1
Teaching Hours:8
BASIC GRAMMAR
 

Parts of speech, tenses, subject-verb agreement, articles.

Unit-2
Teaching Hours:5
SENTENCE STRUCTURE
 

Different types of sentences and their grammatic formats, organizing ideas into grammatically correct sentences, punctuation.

Unit-3
Teaching Hours:5
COMPREHENSION
 

Working on Comprehension passages to develop the reading, comprehending and writing skills of students – factual and inferential passages.

Unit-4
Teaching Hours:5
VOCABULARY
 

Antonyms, synonyms, appropriate use in sentences and paragraphs.

Unit-5
Teaching Hours:5
PARAGRAPH WRITING
 

Rearranging sentences into proper paragraphs, error analysis, expansion of an outline, précis writing, writing short paragraphs on specific topics.

Unit-6
Teaching Hours:6
PRESENTATION SKILLS
 

Characteristics of effective presentations, the voice in presentation, body language, modes of presentation, use of visual aids, their benefits, types of visual aids, how to prepare visual aids, dos and don’ts, coordination between speech and visual aids during presentation, listening skills, role of audience.

Unit-7
Teaching Hours:6
DESCRIPTIVE WRITING
 

Different types of descriptive writing, letters, different types of letters.

Text Books And Reference Books:

1.   

1. English Grammar Composition and Usage- J.C Nesfield.  Macmillan India.

2. Objective  English – Edgar Thorpe, Showick Thorpe. Pearson Education.

3. Grammar Builder- Amin. A, Eravelly.R, Ibrahim.F.J. CUP

4. Advanced English Grammar- Hewings, Martin.CUP

5. Essential English Grammar- Murphy, Raymond. CUP

6. Effective Presentation skills – Steve Mandel

7. Powerful  Presentation skills – Debra Smith

8. Powerful  Presentation Skills – Dennis Becker.

9. Communication Skills – Leena Sen

10. English Vocabulary in Use – McCarthy & O’Dell.

11. Explorations –A course in reading, thinking and communication skills – Oranee Jansz

Essential Reading / Recommended Reading

1. English Grammar Composition and Usage- J.C Nesfield.  Macmillan India.

2. Objective  English – Edgar Thorpe, Showick Thorpe. Pearson Education.

3. Grammar Builder- Amin. A, Eravelly.R, Ibrahim.F.J. CUP

4. Advanced English Grammar- Hewings, Martin.CUP

5. Essential English Grammar- Murphy, Raymond. CUP

6. Effective Presentation skills – Steve Mandel

7. Powerful  Presentation skills – Debra Smith

8. Powerful  Presentation Skills – Dennis Becker.

9. Communication Skills – Leena Sen

10. English Vocabulary in Use – McCarthy & O’Dell.

11. Explorations –A course in reading, thinking and communication skills – Oranee Jansz

Evaluation Pattern

CIA 1- Written Test for 20mks, based on topics covered in Unit1

Accurate application of the rules of grammar – 10mks

(Parts of Speech-2mks, Tenses-3mks, Articles -2, Subject-verb agreement -3mks

Clarity in the concepts of grammar -5mks

Clear and effective written communication -5mks

CIA 2 – Mid Sem Exams for 50mks

Grammar -25mks

Accurate application of the rules of grammar – 15mks

Clarity in the concepts of grammar -5mks

Clear and effective written communication -5mks

Comprehension Passage – 25mks

Reading and accurate comprehension of ideas -10mks

Analytical, critical thinking and originality of thought -5mks

Rules of Grammar -5mks

Clear and effective written communication – 5mks

CIA 3 -20mks

A.   Power Point Presentations:

Depth of research in content -8mks

Effective use of slides and audio-visual aids -4mks

Audience interaction, ability to clarify doubts, efficient handling of the session – 3mks

Timing – 2mks

Clear and effective oral communication – 3mks

B.  Online Courses:

Written/Oral assignment submissions, based on depth of content, regularity of submissions -10mks

Effective use of language, peer evaluation -5mks

Certificates/grades – 5mks

50-60  - 1mk

61-70  -  2mks

71 - 80 – 3mks

81-90  - 4mks

>90     - 5mks

D.  Essay:

Depth of Content, conceptual clarity -10mks

Adherence to rules of academic writing – 5mks

Creative contribution (ideas, thoughts) – 5mks

D.  Research Paper:

Depth of research, content clarity – 10mks

Originality of thought/analysis – 5mks

Citations and References -3 mks

Adherence to format/clear and effective articulation -2mks

E.   Book Review:

Summary – 2mks

Analysis – 4mks

Critical Appreciation – 7mks

Originality – 4mks

 

Citatations/References – 3mks

 

BBL143 - PRINCIPLES OF ECONOMICS (2021 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

This course primarily deals with the basic concepts and theories of Micro Economics and is divided into 7 units. The first unit is titled Introduction to Economics and will introduce the fundamental concepts, terms and terminologies used in microeconomic analysis. Unit 2 (Theory of Demand and Supply) discusses the most important analytical tools of economics-demand, supply and equilibrium, along with different types and degrees of elasticity and their measurements. Unit 3 (Theory of Costs, Production and Revenue) combines the traditional economic theories pertaining to Production, Costs and Revenue. Unit 4 (Consumer and Producer Behavior) deals with the various theories of Consumer and Producer behavior and the analytical tools used by both economic entities in the determination of utility and profit. Unit 5 (Behavior of the Firm) extensively deals with the different kinds of markets and how price and output is determined in different market models. Unit 6 (Public Finance and Taxation) is from the domain of Pubic Economics and is designed to give elementary inputs in the areas of fiscal policy, public expenditure and taxation. Finally, Unit 7 (Macro Economic Variables and Policies) introduces the basic macroeconomic concepts and variables and their measurement, and the contemporary debates of Macroeconomics.

The course is specifically designed for students with no formal background or a little acquaintance with Economics-with a major thrust on Micro Economics. A good grasp of Micro Economics is vital for economic decision making, for designing and understanding public policy from a legal perspective, and more generally for appreciating how a modern economy functions. The main objective of the course is to give the students with a clear understanding of the basic concepts, tools of analysis and terminologies used in Economics, which will facilitate their understanding of various legal phenomena and their economic implications. The course will also prepare the students to undertake Institutional Economics and Law & Economics in their 2nd and 4th semester respectively by providing a strong theoretical foundation of Micro Economics. The emphasis is to provide the subject matter in a manner that is easy to understand and the aim is to make the exposition clear and accessible as well as lively and engaging-with a minimal reliance on mathematics.

 

Learning Outcome

At the end of the course, the students will be able to

- Define and describe the fundamental principles and concept of Economics

- Apply the analytical tools of Economics used in legal analysis

- To evaluate the importance of economic analysis in policy making and advisory functions

Unit-1
Teaching Hours:12
INTRODUCTION TO ECONOMICS
 

A.    Economics: the world around you:

What is economics?

Definitions of economics: - scarcity, choices, Rational Self-Interest

The economic approach: positive and normative analysis, microeconomics and macroeconomics

B.     History of Economic thoughts: Mercantilism, Classical economics, Keynesian economics

C.     Choice, Opportunity Costs, and Specialization

Opportunity costs: tradeoffs and decisions at the margin, The Production possibilities Curve

D.    Interdependence and gains from trade: international trade theories like absolute and comparative advantage.

Unit-2
Teaching Hours:10
THEORY OF DEMAND AND SUPPLY
 

A.    Markets: definition

B. Demand: Law of demand, demand schedule, demand curve, individual demand, market demand, factors affecting demand.

C.   Supply: Law of supply, supply schedule, supply curve, individual supply, market supply, factors affecting supply

D.    Equilibrium: Putting demand and supply together

E.     Elasticity of demand and Supply

F.      Government policies- Price controls: - Rent controls, Minimum wage, Evaluating Price Controls.

 

 

Unit-3
Teaching Hours:10
COSTS AND REVENUE
 

A.Types of costs: Economic and Accounting costs, Opportunity costs, Fixed and Sunk costs, Total and variable costs, average and marginal costs, Short-run and Long-run cost functions,

B.     Total revenue, marginal revenue, average revenue and breakeven point.

Unit-4
Teaching Hours:7
CONSUMER AND PRODUCER BEHAVIOR
 

A.    Law of diminishing marginal utility

B.     Indifference curve analysis: consumers equilibrium

C.     Isoquants: producers’ equilibrium

D.    Law of variable proportions

E.     Returns to scale:

Unit-5
Teaching Hours:10
BEHAVIOUR OF THE FIRM
 

A.    Firms in a competitive market: price and output determination.

B.     Monopoly: price and output determination.

C.     Monopolistic competition: price and output determination.

D.    Oligopoly: collusive and non-collusive

E.     Market for factors of production: labor market and wage rate determination.

F.      Pricing practices: different types of pricing adopted by firms

G.    Mergers and Acquisition

H.    Government Regulation

Unit-6
Teaching Hours:6
PUBLIC FINANCE AND TAXATION
 

A.    Public finance:- public expenditure and its importance, effects of public expenditure on growth and distribution

B.   Public revenue: What is tax, classification of taxes, characteristics of a good tax system, problem of equity in taxation,

C.     Incidence of taxation: shifting the burden of tax

Unit-7
Teaching Hours:5
MACROECONOMICS VARIABLES AND POLICIES
 

A.    National Income: real GDP, nominal GDP, per capita GDP.

B.     Unemployment: types of unemployment.

C.     Inflation: types and causes of inflation

D.    Economic policies: monetary and fiscal policy

E.     Debates Over Macroeconomic Policies

Text Books And Reference Books:

Essential Reading / Recommended Reading