MANAGERIALECONOMICS ANDACCOUNTANCY MCA 1st Year 1st Semester E-Book
E-Book PDF Download File Syllabus
Contents
UNIT– I Meaning and Nature of Managerial Economics: Managerial Economics and its usefulness to Engineers, Fundamental Concepts of Managerial Economics-Scarcity, Marginalism, Equi-marginalism, Opportunity costs, Discounting,TimePerspective,RiskandUncertainty,Profits,Casestudymethod.
UNIT– II Law of Demand and Supply: Law of Demand, Determinants, Types of Demand; Elasticity of Demand (Price, Income and Cross-Elasticity); Demand Forecasting, Law of Supply and Concept of Equilibrium. (Theory questionsandsmallnumericalproblemcanbeasked)
UNIT– III TheoryofProductionandMarkets: ProductionFunction,LawofVariableProportion,ISOquants,Economicsof Scale, Cost of Production (Types and their measurement), Concept of Opportunity Cost, Concept of Revenue, Cost-Output relationship, Break-Even Analysis, Price- Output determination under Perfect Competition and Monopoly(theoryandproblemscanbeasked)
UNIT– IV Working Capital Management andCapital Budgeting: Concepts, Significance, determination and estimation of fixedandvariable,workingcapitalrequirements,sourcesofcapital. Introductiontocapitalbudgeting,methods–traditionalandmodernmethodswithproblems. (Theory questions and numerical problems on estimating working capital requirements and evaluation of capital budgetingopportunitiescanbeasked)
UNIT– V Accounting: Meaning-Significance-Principles of double entry book keeping, Journal, Ledger accounts, Subsidiary books, , Trial Balance, preparation of Final Accounts with simple adjustments, Analysis and interpretation of Financial Statements through Ratios. (Theoryquestionsandnumerical problems onpreparation of finalaccounts,cashbook,pettycashbook,bankreconciliationstatement,calculationofsomeratios)
