KTU 2024 Scheme · Semester 3 · Common to all branches — offered in S3 or S4 (institution decides, alongside Engineering Ethics and Sustainable Development)

Economics for Engineers (UCHUT346) Syllabus

Official KTU 2024 Scheme syllabus for Economics for Engineers, Semester 3, Common to all branches — offered in S3 or S4 (institution decides, alongside Engineering Ethics and Sustainable Development) (Computer Science and Engineering).

This page compiles APJ Abdul Kalam Technological University's officially published 2024 Scheme syllabus for Computer Science and Engineering, Semester 3, sourced directly from KTU's official website (ktu.edu.in). Learnizo is an independent online tuition platform and is not affiliated with, endorsed by, or officially connected to APJKTU. The university may revise syllabus content after this page was last updated — always cross-check with the official KTU source for the current, authoritative version.

Course Code

UCHUT346

Credits

Teaching Hours

2:0:0:0 (L:T:P:R)

CIE Marks

ESE Marks

Exam Duration

2 Hrs 30 Min

Prerequisites

None

Semester

Semester 3

Course Objective

To provide students with an understanding of fundamental economic principles essential for effective decision-making in engineering contexts; to enable students to apply economic analysis to production decisions, cost management, and market strategies in engineering practice; and to equip students with the ability to evaluate macroeconomic scenarios, financial methods, and investment decisions relevant to engineering projects.

Module-wise Syllabus

Module 1

6 contact hours

Basic economic problems, production possibility curve, utility, law of diminishing marginal utility. Demand: factors determining demand, law of demand, demand curve, price elasticity of demand — measurement and applications. Supply: factors determining supply, law of supply, supply curve, equilibrium price determination, changes in demand and supply and their effects on equilibrium price and quantity.

Module 2

6 contact hours

Production: production function, law of variable proportion, returns to scale, Cobb-Douglas production function. Cost: cost concepts — private cost and social cost, sunk cost, opportunity cost, explicit and implicit cost, short-run cost curves, long-run average cost curve, revenue concepts, break-even point. Market: perfect competition, monopoly, monopolistic competition (features and equilibrium of a firm), oligopoly (features, kinked demand model).

Module 3

6 contact hours

National income: concepts (GDP, GNP and NNP), final goods and intermediate goods, methods of estimation — output method, expenditure method, difficulties in the measurement of national income. Inflation: causes and effects, measures to control inflation, monetary and fiscal policies, repo and reverse repo rate.

Module 4

6 contact hours

Value Analysis and Value Engineering: cost value, exchange value, use value, esteem value, aims, advantages and application areas of value engineering, value engineering procedure. Capital Budgeting: time value of money, net present value method, benefit cost ratio, internal rate of return, payback, accounting rate of return.

Course Outcomes

CO1Understand the fundamentals of various economic issues using laws and learn the concepts of demand, supply, elasticity and production function.
CO2Develop decision-making capability by applying concepts relating to costs and revenue, and acquire knowledge regarding the functioning of firms in different market situations.
CO3Outline the macroeconomic principles of monetary and fiscal systems and national income.
CO4Make use of the possibilities of value analysis and engineering, and take investment decisions through capital budgeting techniques.

Assessment Pattern (CIE: 50 marks, ESE: 50 marks)

Continuous Internal Evaluation (CIE)

Attendance	10
Assignment / Case Study / Microproject	15
Internal Examination 1 (Written)	12.5
Internal Examination 2 (Written)	12.5

End Semester Examination (ESE)

Total 50 marks, 2 Hrs 30 Min. See the official KTU syllabus document for the exact Part A / Part B question pattern for this course.

Textbooks & Reference Books

Textbooks

Managerial Economics — Geetika, Piyali Ghosh and Chodhury (Tata McGraw Hill, 2015)
Engineering Economy — H.G. Thuesen, W.J. Fabrycky (PHI, 1966)
Engineering Economics — R. Paneerselvam (PHI, 2012)
Financial Management — I M Pandey (Vikas Publishing House, 2015)

Reference Books

Engineering Economy — Leland Blank P.E, Anthony Tarquin P.E. (Mc Graw Hill, 7th edition)
Indian Financial System — Khan M.Y. (Tata McGraw Hill, 2011)
Engineering Economics and Analysis — Donald G. Newman, Jerome P. Lavelle (Engg. Press, Texas, 2002)
Contemporary Engineering Economics — Chan S. Park (Prentice Hall of India Ltd, 2001)
Financial Management: Theory and Practice — Prasanna Chandra (Mc Graw Hill, 2007)

Frequently Asked Questions

How many credits is KTU Economics for Engineers (UCHUT346)?

2 credits, with 2:0:0:0 (L:T:P:R) teaching hours per week, under the KTU 2024 Scheme.

How many modules are in the UCHUT346 syllabus?

4 modules, 24 total contact hours.

What is the CIE and ESE mark split for this course?

CIE (Continuous Internal Evaluation): 50 marks. ESE (End Semester Examination): 50 marks, 2 Hrs 30 Min. Total: 100 marks.

What are the recommended textbooks for UCHUT346?

Managerial Economics (Geetika, Piyali Ghosh and Chodhury); Engineering Economy (H.G. Thuesen, W.J. Fabrycky); Engineering Economics (R. Paneerselvam); Financial Management (I M Pandey).

Is this syllabus specific to one branch, or common to others too?

This Semester 3 course is listed under Common to all branches — offered in S3 or S4 (institution decides, alongside Engineering Ethics and Sustainable Development) at KTU under the 2024 Scheme — check the course header above for which branches it's common to.

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