Understanding tech giants, intellectual property rights (IPR), and patent laws that protect engineering innovations from instant replication.
| Chapter | Core Topic | Weight in Exams | Why Engineers Need It | | :--- | :--- | :--- | :--- | | 4 | Demand & Supply Analysis | 15% | To forecast raw material needs. | | 7 | Cost Concepts & BEA | 25% | To decide production volume. | | 9 | Market Structures | 10% | To price products competitively. | | 12 | Capital Budgeting | 30% | To evaluate project viability (NPV/IRR). | | 15 | Depreciation | 15% | For tax and asset replacement planning. | economics for engineers hl bhatia pdf high quality