NATIONAL INSTITUTE OF CONSTRUCTION MANAGEMENT AND RESEARCH

LESSON PLAN
MCM112: INTRODUCTION TO ECONOMICS AND INDIAN ECONOMICS
1. Course objective
To introduce basic concepts of economics
To analyse broad features of the Indian economy and
To study economic framework of the construction industry,
infrastructure development sector and real estate business etc.
2. Classwork
20 sessions each of 80 minutes
3. Self study
To involve himself/herself in class participations or do the
case/assignments
4. Learning
Outline of 20 meetings of class work is given as Annexure-1
5. Teaching
 Should be interactive, based on presentations, cases and examples
 Individual contribution in solving cases
 Each lecture should be followed by discussion

6. Session style
 Each student will make presentation on the working assignment done
by him/her and also actively participate during presentation sessions.
 Credit points will be given to the students, who shares current
information, data from news-papers, journals, etc.
7. Assignment/cases
 One assignment will be given and it will consist of entire aspect of
three or four meetings
 Discussion of atleast 2 cases
8. Assessment
 Term end exam is of 70 marks
 Balance 30 marks are for Concurrent Evaluation (CE) by the course
teacher/s
 CE may be based on the followings:
a. Assignments 12 marks
b. Presentations 09 marks
c. Class test 09 marks
 Annexure I

Session Plan MCM112: INTRODUCTION TO ECONOMICS AND INDIAN ECONOMY

Description Sessions
Dr. J Koner
Introduction 2
Demand & supply 2
Theory of production 2

Dr. V. Bhavsar
Theory of Cost 2
Theory of Market 2
National Income,
2

Basics of Macro Economics Monetary and fiscal policy 2

Inflation and employment
2
Price indices, Business cycle

Dr. J. C. Edison
Economics of Development 2
Construction Industry 2
Economics of Infrastructure in India 2