Basic Tools in Economics FYBCOM Semester 1 | University of Mumbai

Infoendless Online Lectures

6 Aug 202410:52

Summary

TLDRThe video discusses the new syllabus and paper pattern for FY B.Com Business Economics under the latest academic year. The instructor, an assistant professor, outlines changes in the syllabus, emphasizing the split between internal and external assessments (20 marks internal, 30 marks external). The video explains the new exam format, including the types of questions and how to prepare effectively. The instructor offers to provide further guidance, notes, and updates through the channel, encouraging students to stay informed and prepared for their exams.

Takeaways

📚 The new syllabus for F.Y.B.Com Business Economics has been introduced for the academic year 2024-25.
📝 The paper pattern has changed: total marks are now 50, with 30 marks for external exams and 20 marks for internal assessments.
⏰ The exam will be 1 hour long, featuring three questions. The third question involves short notes where students need to attempt any 2 out of 4 questions.
👨‍🏫 The internal assessment includes class tests (10 marks) and assignments or presentations (10 marks), which can be either online or offline depending on the teacher.
📊 The syllabus now focuses more on conceptual understanding rather than lengthy topics, with only two modules instead of the previous four.
🧑‍🎓 Students should attend all lectures and coordinate with their teachers for guidance, as the syllabus and exam methods are new to both students and teachers.
📖 Important topics include variables in economics, their types, and significance, as well as graphs and diagrams.
🔍 Teachers may emphasize presentations and class tests to enhance students' communication and presentation skills.
📜 A PDF of the syllabus and additional notes will be available for students on the teacher's website or app, with further updates and question lists to be shared in the future.
📅 Regular updates on new subjects and paper patterns will be provided on the teacher's channel, ensuring students stay informed and prepared.

Q & A

What changes have been made to the syllabus and paper pattern for F.Y.B.Com Business Economics in the academic year 2024-25?
-The syllabus and paper pattern for F.Y.B.Com Business Economics have been updated for the academic year 2024-25. The total marks have been reduced to 50, with 30 marks allocated to external exams and 20 marks to internal assessments. The syllabus has also been redesigned to focus more on learning and has been simplified to cover fewer topics.
How is the external exam for F.Y.B.Com Business Economics structured?
-The external exam is a 30-mark paper that lasts for one hour. It includes three main questions. Question 3 is a short note section where students must attempt any three out of four questions, each worth 5 marks, totaling 15 marks. Students must also attempt two out of three questions in the remaining sections, each worth 15 marks.
What is the distribution of marks between internal and external assessments?
-The total marks for F.Y.B.Com Business Economics are 50, with 30 marks allocated to the external exam and 20 marks to internal assessments. The internal assessment includes class tests, assignments, projects, or presentations.
What topics are likely to be included in the internal assessments?
-Internal assessments may include class tests, assignments, projects, or presentations. The teacher might focus on topics like the importance of variables in economics, graphs, and diagrams related to economic concepts. The exact topics will depend on the teacher's discretion.
How should students prepare for the new syllabus and exam pattern?
-Students should attend all lectures, stay in contact with their teachers to understand the topics covered, and focus on the specific concepts discussed in class. Referring to notes and questions provided by teachers will also be helpful in preparing for exams.
What should students do if they miss lectures or are unsure about the syllabus?
-Students should meet with their subject teacher to ensure they are aware of what has been covered in class. It is important to be proactive in seeking information to avoid missing out on internal marks.
How can students access the new syllabus and study materials?
-Students can download the new syllabus from the university's website. The teacher may also provide notes and study materials through a website or app. Additionally, the teacher plans to share question lists and notes for further guidance.
What advice does the teacher give regarding internal exams and assignments?
-The teacher advises students to participate in all internal assessments, including class tests and presentations, as they contribute significantly to the final grade. Engaging in these activities helps with both internal assessment marks and preparation for external exams.
What is the teacher's approach to the new syllabus and teaching methods?
-The teacher plans to focus on simplifying the content, making it more engaging through interactive methods like presentations and group activities. The goal is to help students understand the concepts better and prepare effectively for exams.
How has the focus of the F.Y.B.Com Business Economics syllabus shifted with the new changes?
-The focus of the syllabus has shifted towards more concentrated learning with fewer topics. The aim is to enhance understanding and application of economic concepts, rather than covering a broad range of topics superficially.

Outlines

00:00

📚 Introduction to the New Syllabus and Paper Pattern

The speaker introduces the new syllabus for the Economics subject, emphasizing changes in the curriculum, including the structure of subjects, paper pattern, and examination style. They mention that all subjects have been altered, and they invite viewers to join their channel for updates on the syllabus, paper questions, and other study materials. The speaker, who is also a student, shares their personal experience of rejoining college and discusses the new syllabus in detail, including the distribution of marks between internal and external assessments and the types of questions that may appear in the examination.

05:00

📈 Understanding the Examination and Internal Assessment

This paragraph delves into the specifics of the examination pattern, including the types of questions that will be asked, the marking scheme, and the time allotted for the paper. The speaker provides insights into how to approach the examination, suggesting strategies for answering questions based on the marks allocated and the types of questions. They also discuss the internal assessment component, which includes class tests, assignments, projects, and presentations, and how these contribute to the final grade. The speaker emphasizes the importance of attending lectures and coordinating with teachers to understand the new syllabus and examination methods.

10:01

🎓 Strategies for Studying and Preparing for the Examination

The final paragraph focuses on strategies for studying the new syllabus effectively. The speaker suggests coordinating with teachers, understanding the new pattern, and focusing on the topics that will be covered in the examination. They mention that they will provide question papers and study materials to help students prepare. The speaker also encourages students to stay updated with the latest educational policies and changes in the syllabus, offering to provide updates through their channel. They conclude by inviting feedback and questions from viewers and promising to cover more topics in upcoming videos.

Mindmap

Keywords

💡Business Economics

Business Economics is the application of economic principles to business management. It involves the analysis of financial data and market trends to make informed business decisions. In the video's context, it appears to be the main subject of study, with the speaker discussing changes in the curriculum and examination patterns related to this field.

💡Academic Year

The academic year typically refers to the annual cycle of study within an educational institution, often starting in one season and concluding in another. The script mentions 'academic year' in the context of changes that have occurred from the previous year, affecting the admission and curriculum structure.

💡Curriculum

Curriculum refers to the courses and subjects offered by an educational institution. The speaker discusses how the curriculum has changed, with new subjects and patterns of study being introduced, which is central to the video's theme of educational updates.

💡Syllabus

Syllabus is a document that outlines the content and structure of a course. The video script mentions that the syllabus has changed, indicating a shift in the subjects and topics that students are expected to learn.

💡External Examination

An external examination is a test conducted by an entity outside the educational institution, often used for assessment and certification purposes. The script discusses the weightage of the external examination in the overall grading system, which is now 30 marks out of 50.

💡Internal Assessment

Internal assessment refers to the evaluation of a student's performance by the institution's own faculty, typically through assignments, projects, or class tests. The video mentions that 20 marks are allocated for internal assessment, emphasizing its importance in the grading system.

💡Question Pattern

Question pattern describes the format and types of questions that appear in an examination. The speaker explains the new pattern of questions for the external examination, which includes three questions worth 30 marks, each to be attempted within one hour.

💡Marks

In an educational context, marks refer to the points awarded for a student's performance on assessments. The script frequently mentions the distribution of marks across different components of the examination, highlighting the changes in the grading structure.

💡Notes

Notes are written records of information taken during lectures or while studying. The speaker offers to provide notes for the subjects discussed in the video, indicating their utility for students preparing for their examinations.

💡Subscription

A subscription, in the context of the video, refers to following a channel or service to receive updates and content. The speaker encourages viewers to subscribe to their channel for updates on the new syllabus and other educational content.

💡Presentation Skills

Presentation skills are the abilities required to effectively communicate information to an audience, often used in academic and professional settings. The script mentions the importance of presentation skills in the context of student projects and their long-term benefits.

Highlights

The syllabus and examination pattern for business economics have changed significantly.

All subjects in the first year of FBA (Financial and Business Administration) have been altered.

The new pattern includes a total of 50 marks for the internal assessment.

The external examination is now worth 30 marks, down from 80 in previous years.

Internal assessment will include class tests, assignments, and presentations.

The speaker is currently studying at a college and will provide updates on all subjects.

The speaker will share notes and guidance on how to approach the new paper pattern.

The new syllabus focuses more on learning and understanding rather than rote memorization.

Students are advised to follow the guidance provided by their college and professors.

The speaker will share the PDF of the syllabus on their website for easy access.

The examination will consist of three questions, with a total of 30 marks to be answered in one hour.

Students are advised to attempt all questions to maximize their marks.

The speaker will provide a list of potential questions in the description of the video.

The importance of attending lectures and understanding the subject matter cannot be overstated.

The speaker emphasizes the practical application of concepts and the development of communication skills.

Students are encouraged to engage with the content and provide feedback for further assistance.

The speaker will cover new subjects introduced in the syllabus, such as social media courses and startup foundations.

The speaker will provide guidance on how to study effectively for the new examination pattern.