7EE9-INDUSTRIAL ECONOMICS & MANAGEMENT |
Units: I |
Money Banking and Trade: Functions of money, supply & demand for money, money price
level & inflation, black money, meaning, magnitude & consequences. Functions of
Commercial banks, banking system in India, shortcomings and improvements.. Function of
RBI, monetary policy-making, objectives and features. Sources of public revenue, principles
of taxation, direct and indirect taxes, Theory of international trade, balance of trade and
payment, Foreign exchange control, devaluation New economic policy: Liberalization,
extending privatization, globalization.
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Units: II |
Management Principles: Management functions, responsibilities of management to society,
development of management thought. Nature of planning, decision making, management by
objectives, Line and staff authority relationships, decentralization and delegation of authority,
span of management, |
Units: III |
Production Management: Production planning and control, inventory control, quality control
and Total quality management. Tools of project management - CPM, PERT, project
information systems. Marketing functions, management of sales and advertising marketing
research.
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Units: IV |
Human Resource Management: Function, application of industrial psychology for selection,
training and recruitment. Communication process, media channels and barriers to effective
communication, theories of motivation, leadership.
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Units: V |
Finance and Account Management: Engineering Economics: Investment decision, present
worth, annual worth and rate of return methods. Payback time. Need for good cost accounting
system, cost control techniques of financial control, financial statements, financial ratios,
break-even analysis, budgeting and budgetary control.
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