AI/ML/IT Department Intervention
Department of Economics
( Session: Jan 2023, Semester -2 )
Sno
Subject Name
Topics Specification
Hours
Designated
% (if 32
hrs)
AI/ML/IT Intervention
PO-CO Mapping for
PGDM(M)
Tabular Analysis
Macro Economic aggregate TABLE 1, Table 7
Concept of National
Income
1
Macroeconomic Multiplier
Environment of
Business
1
1
Credit Creation
2
Inflation
1
Fiscal Deficit
1
News links
5
34%
Green economics - Video
Sustainability - video
Calculation of bank’s balance sheet to be used on
excel.
CO1
CO1
CO2
Calculation of inflation rate through excel.
Calculation of different types of deficit on excel
Current News will be discussed via website.
CO2
CO3
CO3
“
The department of Economics have integrated the subject “Macroeconomic Environment of Business” to Artificial intelligence and
Machine learning by 34%. Macro Economic Aggregate concepts will be explained through Handbook of Statistics of Indian
Economy which is published on the website of RBI.Example table Number 1and table number 2. Concept of Green Economics
will be explained with the help of video. In the unit of credit creation.The Calculation of bank’s balance sheet and credit creating capacity of
the bank is explained through the use of excel. Furthermore the calculation of inflation through Consumer Price Index is taught using Excel.
Similarly the different types of budget like fiscal deficit budget, primary budget will be taught using Excel. The Current News across all classes
will be discussed via website while news analysis will be discussed using you-tube . The total number of hours spent on using AI/ML is 11 hrs .
Thus the subjected is integrated 34%.
Sustainability Department Intervention
Sno
Subject Name
Topics Specification
Hours
% (if 32
Designated hrs)
Sustainability Intervention
PO-CO Mapping for
PGDM(M)
Understanding Economic
Environment and Business
development:
Concept of National Income
1
Macroeconomic Multiplier
Environment of
Business
1
Issues in World Economic Forum- Sustainability
CO1
1
Green economics - Video
Sustainability - video
CO1
1
CO1
25%
BOP
2
Country Risk Analysis
3
Tax to be put on companies which do not follow
environmental friendly policies
CO2
CO3
Entrepreneurship Department Intervention
Sno
Subject Name
Topics Specification
Hours
% (if 32
Designated hrs)
Understanding Economic
Environment and Business
development:
Entrepreneurship Intervention
Understanding how Economic policies affect
business Environment
1
Concept of National Income
1
Macroeconomic
Fiscal Policy
Environment of
Business
CO1
1
1
31.2%
Understanding how economic growth of the
country can affect the demand hence the
profitability of the startup
The steps taken by the government to promote
startup.
BOP
2
Country Risk Analysis
3
The affect off expenditure switching polices and
expenditure reducing policies on the startup
The problems related with starting an entrepreneurial
venture in a new country
2
Current News on government policy impacting
startup
News links
PO-CO Mapping for
PGDM(M)
CO1
CO1
CO2
CO3