- Departments / Centres
Pre-Requisite : None
Contact Hours and Credits : ( 3 -0- 0 ) 3
This course is intended for the students to understand the economic concepts that are in vogue in industries.
Microeconomics. Demand and supply. Forecasting techniques. Cost and revenues. Competitive nature of firms.
Keynesian economics. Aggregate demand and supply. Employment determination. National income. Trade cycle. Inflation. Index numbers.
Capital budgeting. Cash flow analysis. Balance sheet. Risk analysis and decision making.
Impact of liberalization, privatization and globalization. Locating the firm in a global economy.
Fiscal policy. Taxation-principles. Exchange rate determination. Monetarypolicy. Functions of banks. Credit creation by commercial banks.