Economic systems

Economic systems

Bachelor of Business Studies (BBS) — Fourth Year

Subject: International Business (MGT 251)

Unit 6: National Differences in Economic Environment

Academic Year: 2083/84

Topic Objectives

After studying this topic, students should be able to:

• Explain the scope and key elements of economic systems.
• Apply the relevant concepts to a defined organizational or venture situation using evidence and stated assumptions.

Curriculum Scope

• Market, command and mixed economies

Detailed Microsyllabus

1. Economic systems

   1. Explain market, command and mixed economic coordination.
   2. Compare ownership and resource-allocation mechanisms.
   3. Identify roles of prices, planning and public policy.

2. Business implications

   1. Assess competition, investment incentives and state participation.
   2. Discuss strengths and limitations of each system.
   3. Recognize that actual economies combine mechanisms.

3. Comparison

   1. Analyze a defined country or sector using evidence.
   2. Distinguish stated policy from operational practice.
   3. Explain implications for international business.

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Curriculum reference: Tribhuvan University, Faculty of Management, revised four-year BBS curriculum, PDF pages 115–117.

Source note: The curriculum scope above is retained from the existing TU syllabus breakdown. The numbered study subtopics are editorial elaborations for teaching and study, rather than a separately issued TU syllabus. Unit or component allocations apply at their stated level; no separate topic hours or marks are assigned here. Examples involving current laws, rates, institutional products or Nepalese status must identify the relevant period and official materials; no changing numerical or legal requirements are invented here.