M.Com.

Part I, Semester I MANAGERIAL ECONOMICS Unit I Meaning, Definition, Nature, Scope and significance of Managerial Economics, Economic factors influencing decisions, Functions Role and Responsibilities of Managerial Economist. Principles in Managerial decision analysis. Micro-Macro Economics Definition, scope, merits-demerits, importance and uses, limitations, Paradox of Micro Economics, Distinction between Micro and Macro Economics. Unit II Demand Analysis Theories in Demand, Derivation of demand, types, Environment influencing demand. Elasticity of Demand Concept, meaning, types, measurement, influencing factors importance. Advertising or promotional Elasticity. Demand forecasting Meaning, definition, types, Determinants, Methods, importance, criteria, Advantages, Limitations. Demand fore-casting for new products, Demand Estimation for consurable durables and nonconsurable durables. Unit III Production Concept, meaning, definition features, functions of production Functions Law of variable proportions, Production with two variable inputs. Cost Analysis concept, importance, types Real opportunity, Money, Fixed, variable, Direct, indirect, Explicit, implicit, past, feature, controllable and uncontrollable, Escapable, unescapable, urgent, postable cost,

Replacement and Historical cost, Total Average and Marginal cost in short Run and Long Run curve. Revenue - Concepts, definition, types-Total, Average, Marginal and relationship with AR and MR Unit IV Market Structure Concept, meaning classification of Market. Perfect competition-features and price determination. Monopaly definition features, types and price determination. Monopolistics

competition-meaning, concept, types, price determination, and defects. Pricing : types, cost pulls, going rate Intnitive, Imitative, Marginal cost, Pioneering, Transfer pricing. Price discrimination Definition, Concept, meaning, types, conditions, Dumping, and socio economic consideration in pricing. Firm objectives, staff, sales and growth Maximisation. Unit V Business Cycle Concept, Definition, features, types, phases of Business cycle cobweb, Hicks Samuelson Theories of Trade cycle. Controls of Business cycle. Inflation Deflation, - Concept, Meaning, causes, economic effects on production, distribution and employment, remedies, demand full v/s cost push Inflation. Monetary and fiscal policies objectives, role and impact on economic development, Concept of sustainable development, consumption and its inclusive growth.

Books Recommended References:1. Managerial Economics - D. M. Mithani Himalaya Publicity House 2. Managerial Economics - Dominich Salvatore oxford, 2007 3. Managerial Economics - Atmanand Excel Book 2007 4. Managerial Economics - Dwivedi S.N.V. Vikas Publication House 5. Managerial Economics - Cauvery R. Sultan Chand, New Delhi 6. Managerial Economics - Baya Michael R.

7. Science Sustainability and National Resurgence - M.M. Joshi, Centre for Policy studies, chennai 8. Econmic Theory - Bauamol. M.J. 9. Micro Economics - Eaton B. Curtis : Prentice Hall of India.

10. Managerial Economics - Dean Joek Prentice Hall of India

MANAGERIAL ECONOMICS Objective The objective of this course is to develops managerial perspective to economic fundamentals as aids to decision making under given environmentals constraints Course Inputs :-

Unit I 1) Managerial Economics - Nature, objectives scope and uses, Salient Features Significance, Role, Role functions and Responsibilities of a Managerial Economist, Principles in Managerial Decision Analysis incremental principle, opportunity lost principle, discounting principles and equemarginal principle, Managerial Optimising Strategies, Firm concept objectives importance, Distinction Between Plant, Firm and Industry. Unit II 1) Market Demand Analysis - Meaning, defination and Determinants of Demand, Demand Function, The Law of Demand, Giftens paradox, change in demand, Exceptions, Network Externalities in Market Demand, Consumer Demand in the New Age Market. 2) Elasticity of Demand - The Concept of Elasticity of Demand, Types, Measurement, Factors Influencing Elasticity of Demand, Advertising or Promotional Elasticity of Demand. 3) Consumer Demand - Meaning, Concept Indifference Curve, Properties, Consumer Equilibrium with, Income Effect, price Consumption,

Substitution Effect of Indifference Curve, The Revealed Preference Theory 4) Demand Estimation - Estimating the Demand Function, Major Steps in Demand Estimation, Functional Forms in Estimation. 5)Demand Forecasting and Demand-Led Business Strategy - The Meaning Significance, Sources casting, Methods and of Forecasting Demand, Criteria, Business Forecasting Function, Demand Sales

Forecasting in Cyclical Markets:, Demand-Led Business Strategy. Unit III 1) Production - Concept, Function of Cobb-Douglas Production Function, The Law of Variable Proportions, Estimation of Production

Functions, Production Function Through ISO-Quant Curve, Properties of ISO-Quant, Economic Region, Isocost Line, East-Cost-factor Combination: Producers Equilibrium, Returns to Scale Explained Throuth Isoquants, Technical Change 2) Supply Analysis - Meaning Determinants of Supply, The Law of Supply, Measurement of Elasticity of Supply, Factors Determining Elasticity of Supply, Estimation of Supply Functions 3) Cost and Revenue Analysis - Concept, Definiton of Real Cost, Opportunity Cost or Money Cost, Shunk Cost, Fixed and Variable Costs, Explicition implict Cost, Total Average and marginal Cost, Short run & long run Cost functions, Explanation of the U-shape of ATC Curve, Marginal Cost Curve (MC Curve), Total Marginal and Average Cost, Expirical Cost Function, Technological Change and Long short Total, Marginal & Average Revenue in short and long term, Estimation of Long Run Cost Functions, Cost-Output Elasticity, Minimum Efficient Scale, Transaction Costs. 4) Economies of Scale and Scope - Large Scale of Production, The Size of Firm and Industry, Economies of Scale, Internal Economies, External Economics, Diseconomies as Limits to Large Scale Production, Managers per Operative Ration (MOR) Unit IV 1) Market Morphology - Meaning of Market, Classification of Market Structures, Perfect Competition, Monopoly.

2) Firm :- Find and Industry, Meaning. - Staff, Sales, Growth, Managerial Utility Maximization and Firm and Industry, Profit Maximization. 3) Monopoly - Meaning of Monopoly, Measures, Sources, and price determination under monopoly, Misconceptions about Monopoly Pricing and Profits, The Benefits of Monopoly, Social Cost of Monopoly regulatory aspects of Monopoly, Market Niche. 4) Price Discrimination (Discriminating Monopoly) - Meaning, Forms, Degrees Discrimination, Conditions Essential for Price Discrimination, Price Discrimination Profitable, Dumping, Economic Effects of Price Discrimination, Social Justification of Price Discrimination. 5) Monopolistic Competition - The Concept, Characteristics, Price Determination of a Firm Under Monopolistic Competition, A Rule of Thumb for Advertising. 6) Oligopoly Market - Meaning and proparties Oligopoly, Kinked Demand, Kinked Demand Curve Theory of Oligopoly Prices. 7) Pricing Policy and Methods - Meaning Objectives, Factors, Methods of Pricing Policy, Major Issues of thePrice Policy of Control, Export Pricing, Predatory Pricing, Transfer Pricing. Unit V 1) Characteristics of K-Economy - The Meaning of Knowledgebased Economy, Knowledge as a Factor of Production, The Features of KEconomy, The K-Economy: The Basic Framework, K-Profit, K-Enterprise Portfolio Analysis, Paradigms of K-Economy, The K-Economy Indicators, K-Economy in a Developing Country. 2) Business Cycles - Features of a Business Cycle, Phases of a Trade Cycle, Important Business Cycle Theories.

3) Inflation - Meaning of Inflation, Types of Inflation, Demand-Pull versus Cost-Push Inflation, Causes of Inflation, Effects of Inflation. Books Recommended References:1. Managerial Economics - D. M. Mithani Himalaya Publicity House 2. Managerial Economics - Dominick Salvatore oxford, 2007 3. Managerial Economics - Atmanand Excel Book 2007 4. Managerial Economics - Dwivedi D. N. Vikas Publication 5. Moder Microeconomics - Koutsyansis (Macmillion 2nd Edition) 6. R. Cauvery - Managerial Economics S. Chand & Co. New Delhi 7. Baumol, million J - Economic Theory and operation Analysis, Prentice

Hall, Landon. 8. Baya, Michael, R. - Managerial Economics and Business Strategy.

McGraw Hill Inc. Newyork 9. Dean, Joel - Managerial Economics Prentice Hall Delhi.

10. Dhollakia R.H. & AL Oza- Micro Economics management Students Oxford University Press New Delhi. 11. Eaton, B. Curtis Diance Faton - Micro Economics Prentice Hall New Jersey.

M.Com First semester Advanced Financial Accounting Marks : 80 Total No. of teaching days allotted to the first semester are 90 (i.e. 15 weeks) For the convenience No. of periods and chapters that may be covered are given below as guidelines. Objective :- The objective of this course is to expose students to advanced accounting issues and practices students should learn advance treatment only to the given chapters in the source. Section A (Theory) 1. Accounting standards : Indian Accounting standards, International Accounting standards

- 5 periods 2. a. Computer Software Accounting

b. Company Statutory Records, Statutory Books of Accounts & Registers. Statutory Reports Corporate Governance. - 5 periods 3. New Trends in Accounting:- - 5 Periods a. Inflation Accounting b. Human Resources Accounting c. Social Accounting d. Lease Financing

Section B (Illustrations / Problems) 4. Hire Purchase Accounting : - 15 periods a. Re-possession ; Partial Re-possession and Complete Re-possession b. Hire Purchase stock and Debtors Method

5. Fire insurance Claims (Poor Selling Live Goods ) Including Loss of Profit Policies. - 15 periods

6. Internal and External reconstruction, Amalgamation and Absorption of the companies.

- 15 periods 7. Valuations of Goodwill and shares Including preference and Bonus shares. - 15 periods

8. Accounts of Holding companies (Including rights issue and Bonus Issue of Shares, Inter owing company transactions. - 15 periods

List of Reference Books of Advanced Financial Accounting :1) Gupta R. L. Advanced Financial Accounting S. Chand & Sons 2) Kumar, Anil S. Advanced Financial Accounting Himalaya Publication House 3) Shukla and Grewal : Advanced Accounts (S. Chand & Ltd. New Delhi) 4) Jain and Narang : Advanced Accounts (Kalyani Publishers, Ludhiana) 5) Sr. K. Paul : Accountancy, Volume I and II (New Central Book Agency, Kolkata) 6) R. K.. Lele and Jawaharlal : Accounting Theory (Himalaya Publishers) 7) Dr. L. S. Porwal : Accounting Theory (Tata McGraw Hill) 8) Robert Anthony, D. F. Hawkins & K. A. Merchant : Accounting Text & Cases (Tata Mc Graaw Hill) 9) Dr. S. N. Maheshwari : Corporate Accounting (Vikas Publishing House Pvt. Lit. New Delhi) 10) Dr. Ashok Sehgal & Dr. Deepak Sehgal : Advanced Accounting (Taxmann, New Delhi)

M. Com. Paper Pattern First Semester Advanced Financial Accounting Time Three Hours Marks 80 N.B. 1) All question carry equal marks 2) Solve any Five question minimum one question should be from each section Section A (Theory) 1) Theory

.. 16 Marks 2) Theory .. 16 Marks 3) Theory

.. 16 Marks Section B (Problem) 4) Problem .. 16 Marks

5) Problem .. 16 Marks 6) Problem .. 16 Marks 7) Problem .. 16 Marks 8) Problem .. 16 Marks

M.Com. Second Semester Advanced Cost Accounting Marks : 80 Section A (Theory) Teaching Workload :- 15 weeks (90 periods) Total No. of teaching days allotted to the first semester are 90 (i.e. 15 weeks) For the convenience No. of periods and chapters that may be covered are given below as guidelines. Objective : Cost Accountancy occupies a pivotal place in the managerial science. The Objective of this course is to acquaint students with the methods of costing, cost techniques and cost controls. 1) Methods of Cost :- Meaning importance, object scope and limitations of cost accounting. Elements of Cost account. Difference between Cost and Financial account and difference between cost and management accounting. - 6 Periods

2) Cost Audit : - Statutory Cost Audit, Types, Advantages, Cost Audit in India, Cost Audit Rules, Role of Cost Auditor. - 4 periods

3) Cost Control, Cost Reduction, Control System and Reporting :- Role of Cost Accountant Value analysis, Cost reduction, Control System and Control report. -5 periods Section B (Problem) 4) Machine Hour Rate and Labour Hour Rate - 15 periods

5) Process Accounts :- Abnormal loss and Abnormal gain, Joint Product, equivalent Unit production and inter process profit. - 15 periods

6) Variance analysis :- Material, Labour and Overhead Variances - 15 periods

7) Contract Costing : Profit on Complete and incomplete contract, contract running for more than one year, two to three contracts running simultaneously, contract near to completion.- 15 periods

8) Operating Costing : Transports, Hospitals, Powerhouse costing & Hotel costing . - 15 periods

List of Books Recommended For Study of Advanced Cost Accounting 1. M. N. Arora :- Cost Accounting Principles and practice Vikas Publishing House Pvt. Ltd.

New Delhi 2. S. N Maheshwari : Cost Accounting Theory and problems Shri Mahavir Book Depot,

New Delhi 3. V.K. Saxena : Cost Accounting Text Book- Sultan Chand and Sons New Delhi

4. S.P. Iyenger : Cost Accounting Principles and Practice Sultan Chand and Sons, New Delhi

5. M.C. Shukla T.S. Grewal, M.P. Gupta Cost Accounting S. Chand , New Delhi

6. R. S. N. Pallai, V Bhagavathi Cost Accounting S. Chand, New Delhi

7. B. S. Khanna , I. M. Pandey, G. K. Ahuja, Batra :- Cost Accounting S. Chand, New Delhi

8. S. M. Shukla :- Cost Accounts (Hindi)

9. I. G. Gupta and Trivedi : - Cost Accounts (Hindi)

10. Nigam R. S. Advanced Cost Accounting , S. Chand & Company

11. Jain S. P. Advanced Cost Accounting Kalyani Publication

12. Gawada, J Made Advanced Cost Accounting Himalaya Publication House

M.Com. Paper Pattern Advanced Cost Accounting Second Semester Time Three Hours Marks 80 N.B. 1) All question carry equal marks 2) Solve any Five question minimum one question should be from each section Section A (Theory) 1) Theory

.. 16 Marks 2) Theory .. 16 Marks 3) Theory

.. 16 Marks Section B (Problem) 4) Problem .. 16 Marks 5) Problem .. 16 Marks

6) Problem .. 16 Marks 7) Problem .. 16 Marks 8) Problem .. 16 Marks

M. Com. Third Semester Advanced Management Accounting Marks 80 15 weeks i.e. 90 periods are allotted for the semester. (Period of one hour) Total No. of teaching days allotted to the first semester are 90 (i.e. 15 weeks) For the convenience No. of periods and chapters that may be covered are given below as guidelines. Management needs the understanding and application of the tools and techniques which are used in the presentation. The objective of teaching management accounting to the post graduate students of commerce is that they should learn advance managements accountings techniques and decision making and control. Section A (Theory) 1. Meaning, objective, Functions, Importance of Management Accounting as tool of managements accounting. - 5 periods

Management Accountant Position - Role and Responsibilities. 2. Preparations of Financial Statements, interpretations and analysis. Role of Accountant towards preparations and analysis of Financial statements. 7 periods

Budgetory Controls:- Meaning, advantages & Uses. 3. Managements Information System :- Anatomy of MIS, Characteristics , Implementation of MIS and Limitations.

Managements Audit : Concept, Scope and Object of Management Audit. - 6 periods Section B (Illustrations/Problem ) 4. Marginal Costing and its application in decision making. Break Even Analysis - 12 periods 5. Ratio Analysis (Including Interpretation) - 15 periods 6. Fund Flow Analysis - 15 Periods 7. Cash Flow Analysis - 15 periods 8. Budgets :- Preparation of Cash, Flexible and Capital Budgets - 15 periods

List of Books Recommended For Study of Advanced Management Accounting 1. Pillai R. S. N. Management Accounting S. Chand & Co. Pvt. Ltd. 2. Agrawal N. K. Managements Accounting Galgotia Publication 3. Wilson M. Managements Accountings Himalaya Publication 4. Singh, Jagwant - Managements Accountings Kitab Mahal 5. Rathnam P. V. - Managements Accountings Kitab Mahal 6. Sharma R. K. - Managements Accountings Kalyani Publication 7. Patkar M. G. - Managements Accountings Fabke Publication 8. Agrawal M. R. Managements Accountings Garima Publication

M.Com. Paper Pattern Third Semester Advanced Management Accounting Time : 3 Hours Marks : 80 N.B. 1) All question carry equal marks 2) Solve any Five question minimum one question should be from each section Section A (Theory) 1) Theory

.. 16 Marks 2) Theory .. 16 Marks 3) Theory

.. 16 Marks Section B (Problem) 4) Problem .. 16 Marks 5) Problem .. 16 Marks

6) Problem .. 16 Marks 7) Problem .. 16 Marks 8) Problem .. 16 Marks

M.Com. Fourth Semester Statistical Analysis Marks - 80 Total No. of teaching days allotted to the first semester are 90 (i.e. 15 weeks) For the convenience No. of periods and chapters that may be covered are given below as guidelines. Objective : The Objective of the Course is to make the students learn the applications of statistical tools and technique for decision making. Section A ( Theory) 1. Statistical decision :- decision environment Decision Making Under risk and certainty and utility theory. - 5 Periods 2. Statistical quality control : Causes Variations in quality characteristics types of quality controls charts, production controls acceptance sampling. 5 Periods 3. Analysis of time series, components importance, measurement of trend, the graphical method semi average method and moving average method. 5 Periods Section B (Problem) 4. Correlation Analysis and Regression analysis - 15 Periods 5. Interpolation and Extrapolation :- New torsi Method, Binomial method and Langrages method. - 15 Periods

6. Association of Attributes consistency of data, Two and three attributes analysis of Variances F test. - 15 Periods 7. Probability : Laws of probability, simple and compound probabilities, permutation and combination. - 15 Periods 8. Sampling and test of significance :- Large and small samples, Test of significance : Chi square test T test and Z test . - 15 periods List of Reference Books:1. Fundamentals of statistics : D. N. Elhance & Veena Elhance 2. Statistices : V. K. Kapoor S. Chand & Sons 3. Statistics : B. New Gupta Sahitya Bhavan Agra 4. Statistics Methods : S.P. Gupta S. Chand & Sons 5. Fundamental of Statistics : S. C. Gupta Himalaya Publishing House 6. Business Mathematics & Statistics : NEWK Nag & S.C. Chanda Kalyani Publishers 7. Problem in statistics : Y. R. Mahajan - Pimpalapure Published Nagpur 8. Introduction of Business and Economics Statistics

Staunton and clerk D. B. Taraporewala & Sons Bombay.

M.Com. Paper Pattern Fourth Semester Statistical Analysis Time Three Hours Marks 80 N.B. 1) All question carry equal marks 2) Solve any Five question minimum one question should be from each section Section A (Theory) 1) Theory

.. 16 Marks 2) Theory .. 16 Marks 3) Theory

.. 16 Marks Section B (Problem) 4) Problem .. 16 Marks

5) Problem .. 16 Marks 6) Problem .. 16 Marks 7) Problem .. 16 Marks 8) Problem .. 16 Marks