MG2452 ENGINEERING ECONOMICS AND FINANCIAL ACCOUNTING
**UPDATED NOTES:
3 0 0 3
UNIT I INTRODUCTION 5
Managerial Economics - Relationship with other disciplines - Firms: Types, objectives
and goals - Managerial decisions - Decision analysis.
UNIT II DEMAND & SUPPLY ANALYSIS 10
Demand - Types of demand - Determinants of demand - Demand function - Demand
elasticity - Demand forecasting - Supply - Determinants of supply - Supply function -
Supply elasticity.
UNIT III PRODUCTION AND COST ANALYSIS 10
Production function - Returns to scale - Production optimization - Least cost input -
Isoquants - Managerial uses of production function.
Cost Concepts - Cost function - Determinants of cost - Short run and Long run cost
curves - Cost Output Decision - Estimation of Cost.
UNIT IV PRICING 5
Determinants of Price - Pricing under different objectives and different market structures
- Price discrimination - Pricing methods in practice.42
UNIT V FINANCIAL ACCOUNTING (ELEMENTARY TREATMENT) 10
Balance sheet and related concepts - Profit & Loss Statement and related concepts - -
Financial Ratio Analysis - Cash flow analysis - Funds flow analysis - Comparative
financial statements - Analysis & Interpretation of financial statements.
UNIT VI CAPITAL BUDGETING. (ELEMENTARY TREATMENT) 5
Investments - Risks and return evaluation of investment decision - Average rate of return
- Payback Period - Net Present Value - Internal rate of return.
TOTAL: 45 PERIODS
TEXT BOOKS:
1. Samuelson. Paul A and Nordhaus W.D., 'Economics', Tata Mcgraw Hill Publishing
Company Limited, New Delhi, 2004.
2. McGuigan, Moyer and Harris, 'Managerial Economics; Applications, Strategy and
Tactics', Thomson South Western, 10th Edition, 2005.
3. Paresh Shah, 'Basic Financial Accounting for Management', Oxford University Press,
New Delhi, 2007.
4. Salvatore Dominick, 'Managerial Economics in a global economy'. Thomson South
Western, 4th Edition, 2001.
5. Prasanna Chandra. 'Fundamentals of Financial Management', Tata Mcgraw Hill
Publishing Ltd., 4th edition, 2005.
IMPORTANT 2 MARK QUESTIONS:Download two marks here
PREFERRED BOOK:
Samuelson. Paul A and Nordhaus W.D., 'Economics', Tata Mcgraw Hill Publishing
MG2452 ENGINEERING ECONOMICS AND FINANCIAL ACCOUNTING
UNIT 4: FULL NOTES
>pricing1
>pricing 2
>PRICING IN DIFFERENT CONDITION
>DIFFERENT MARKET STRUCTURE
MG2452 ENGINEERING ECONOMICS AND FINANCIAL ACCOUNTING
UNIT 3- FULL NOTES:
RETURN TO SCALE
PRODUCTION FUNCTION
MANAGERAL USES OF...
LEAST COST INPUT
ECONOMICS OF SCALE
COST OUTPUT DECISION
COST CONCEPT
THEORY OF PRODUCTION
MG 2452 ENGINEERING ECONOMICS AND FINANCIAL ACCOUNTING unit 2 notes
Unit-II Elasticity of Demand and supply.doc
DOWNLOAD HERE:Unit-II Elasticity of Demand and supply.doc
Unit-II Demand & Supply Analysis.doc
Unit-II Demand & Supply Analysis.doc
Unit-I Introduction On Managerial Economics.doc
DOWNLOAD HERE:Unit-I Introduction On Managerial Economics.doc
UNIT 1-NOTES
DOWNLOAD HERE: UNIT 1 NOTES
Unit I - Introduction to Economic Issues.ppt
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