BHAJARANG ENGINEERING COLLEGE

Ayathur, Veppampattu (R.S), Thiruvallur Dist-602024

DEPARTMENT OF COMPUTER SCIENCE AND ENGINEERING
Lecture Schedule & Detailed Lesson Plan

STAFF NAME : Mr. D.VINOD

SUBJECT TITLE/CODE: Engineering Economics & Accounting/MG2452 Actual: 45

BRANCH : CSE Planned: 58

YEAR/SEM : IV/ VII

AIM

The purpose of Engineering Economics helps in understanding the goals of Managerial decisions.
Financial Accounting gives brief idea about Pricing, and Role of Government in Pricing control.

OBJECTIVES

To impart knowledge on
i. To understand the basic concepts of Managerial Economics.
ii. To understand the basics of demand, supply and related concepts.
iii. To understand various production and cost concepts.
iv. To understand and apply the basic concepts of pricing.
v. To understand and apply the basic accounting concepts
vi. To understand and apply the basic concepts of capital budgeting

UNIT I INTRODUCTION 5

Managerial Economics - Relationship with other disciplines - Firms: Types, objectives and
goals - Managerial decisions - Decision analysis.

UNIT II DEMAND AND 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.

UNIT V FINANCIAL ACCOUNTING (ELEMENTARY TRATEMENT) 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

REFERENCES:

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.
LESSON PLAN
S. PROPOSED
PERIOD Topic(s) Remarks
No. DATE
UNIT – I INTRODUCTION
1.
1.7.2015 1 Managerial Economics
1
2.
2.7.2015 1 Relationship with other disciplines
2 `
3.
3.7.2015 1 Firms: Types
3
4.
3.7.2015 1 Objectives and goals
4
5. 4.7.2015 1 Managerial Decisions

6.
8.7.2015 1 Decision Analysis
5
7.
9.7.2015 1 Revision
7
8. 10.7.2015 1 Test

UNIT – II DEMAND AND SUPPLY ANALYSIS

Signature of HOD
9.
1 Demand
8 11.7.2015
10.
15.7.2015 1 Types of demand
9
11.
16.7.2015 1 Determinants of demand
10
12.
17.7.2015 1 Demand function
11
13.
17.7.2015 1 Demand Elasticity
12
14.
18.7.2015 1 Supply
13
15.
22.7.2015 1 Determinants of Supply
14
16.
23.7.2015 1 Supply function
15
17.
24.7.2015 1 Supply elasticity
16
18.
24.7.2015 1 Revision
17
19. 25.7.2015 1 TEST

UNIT – III PRODUCTION AND COST ANALYSIS

20.
29.7.2015 1 Production function
18
21. Returns to scale Production
30.7.2015 1
optimization
19
22.
31.7.2015 1 Least cost input
20
23.
31.7.2015 1 Isoquants
21
Faculty Incharge HOD Principal