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7EE11 INDUSTRIAL
ECONOMICS & MANAGEMENT
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MONEY, CREDIT AND FINANCE: Functions of money, types coins, notes, cheques,
Bill of Exchange. The banking Mechanism and government control. The Reserve
bank of india, nationalized banks, money market. Hire purchase finance. The
stock exchange and issuing houses.
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MANAGEMENT: Evaluation of management thought, principles and functions of
management, motivation. Types of business forms and organization.
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FINANCE AND FINANCIAL STATEMENTS: Needs of finance, kinds of capital
sources, working capital cycle. Financial statements: basic concepts, balance
sheet, profit and loss account sources and uses of funds statement-working
capital, cash and total resource basis. Ratio analysis liquidity
ratios, capital structure ratios, profitability ratios, turnover ratios.
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INTEREST AND ANNUITY: Capital recovery annuity present worth
annuity, sinking fund annuity, compound amount annuity. Nominal and effective
rate of interest. Depreciation need of depreciation, methods of depreciation.
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OPERATIONS MANAGEMENT: An overview, systems concepts, objectives, operation
management decisions, productivity concepts and improvement, types of production
systems.
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QUALITY: Conception, quality of design, quality of conformance, value of
quality & cost of quality. Evaluation of TQM concepts and philosophy, TQM
and traditional management. Introduction to ISO-9000, ISO-14000, Just in time,
BPR.
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PROJECT PLANNING:
Network analysis, PERT & CPM, Project evaluation.
Labor Legislation plant location, investment decisions. Concept of industrial
economics and its importance. Industrial & cost theory, Optimum size,
Market structure.
RECOMMENDED BOOKS:
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Prasana chandra-Financial management TMH.
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Zaidi-statistical process, THM.
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Buffa-Operation management, WE
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