Unit 3
Role of Science, Engineering and Technology in Economic Development
Seven salient
Feature of the Indian Economy
Inclusive
Growth
relevance for
the Indian Economy
Globalisation&
opening up of the Indian Economy
GDP-
definition and Its measurement
How knowledge
of engineering and technology may be used to improve life at slum
Green
Revolution and White revolution
Reasons for their success and can we
replicate them
Appropriate
Technology & Sustainable Development
Entrepreneurship:
Macro environment for promotion of entrepreneurship
How
environment has changed after advent of IT and Globalisation
Unit 4
Elementary
Economic Analysis: Interest formulas and their Applications
Calculations
of economic equivalence
Bases for
Comparison of Alternatives
Present Worth
Method
Future worth
method
Annual equivalent
Internal Rate
of Return
Business Risk
Factors which
should be taken care while deciding
price of the product in the market
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