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Engineering Economics Lesson Plan

This document provides a lesson plan for the course MG2452 - Engineering Economics and Financial Accounting. The lesson plan covers 5 units over 12 weeks. Unit I provides an introduction to managerial economics and its relationship to other disciplines. Unit II covers demand and supply analysis, including demand forecasting. Unit III discusses production and cost analysis, including production functions and cost concepts. Unit IV covers pricing determinants under different market structures. Unit V introduces financial accounting elements including balance sheets, income statements, ratio analysis, and investments. Each unit lists the topics to be covered, reference materials, and the teaching methodology.

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0% found this document useful (0 votes)
58 views6 pages

Engineering Economics Lesson Plan

This document provides a lesson plan for the course MG2452 - Engineering Economics and Financial Accounting. The lesson plan covers 5 units over 12 weeks. Unit I provides an introduction to managerial economics and its relationship to other disciplines. Unit II covers demand and supply analysis, including demand forecasting. Unit III discusses production and cost analysis, including production functions and cost concepts. Unit IV covers pricing determinants under different market structures. Unit V introduces financial accounting elements including balance sheets, income statements, ratio analysis, and investments. Each unit lists the topics to be covered, reference materials, and the teaching methodology.

Uploaded by

mysoftlist
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

DOC/LP/01/22.06.

10

LESSON PLAN
Su !o"e # Na$e : (*+t: &
MG2452 % ENG&NEER&NG E!ONOM&!S AND '&NAN!&AL A!!O(N)&NG

LP : MG2452 LP Rev. No: 02 Date: 27-06-2013 Page: 01 of 06

,-a*./: !S0&)

Se$e1te-:2&&02

(N&) S3LLA,(S: &N)ROD(!)&ON O,4E!)&2E: Managerial Economics - Relationship with other isciplines - !irms" #$pes% o&'ecti(es an
goals - Managerial ecisions - Decision anal$sis

#his )nit intro )ces the &asic concepts o* Managerial Economics + its relationship with other isciplines. ,n helps in )n erstan ing the goals o* Managerial ecisions - Decision anal$sis Se11+o* No 1 2 0 / . 6 4 )o5+.1 to e .ove-e" -asics an De*inition o* Managerial Economics Relationship with other Disciplines 1cope an )se o* Managerial Economics #$pes o* !irm O&'ecti(es an goals o* Managerial ecisions Decision anal$sis 1)mmar$ + #)torial
)+$e Ref. Page No. )ea./+*g Met/o"

.0m .0m .0m .0m .0m .0m .0m

1 1 1 1 2 1

1./ 1.. 1.2 1.1/ 13/ 134

--------

DOC/LP/01/22.06.10

LESSON PLAN
LP : MG2452
Su !o"e # Na$e :
MG2452 % ENG&NEER&NG E!ONOM&!S AND '&NAN!&AL A!!O(N)&NG

LP Rev. No: 02 Date: 27-06-2013 Page: 02 of 06

(*+t: &&

,-a*./: !S0&)

Se$e1te-: 2

(N&) S3LLA,(S:
DEMAND # S(PPL3 ANAL3S&S Deman - #$pes o* eman - Determinants o* eman - Deman *)nction 5 Deman elasticit$ - Deman *orecasting - 1)ppl$ - Determinants o* s)ppl$ - 1)ppl$ *)nction 1)ppl$ elasticit$.

O,4E!)&2E: 6n this )nit the Deman an its t$pes% Determinants o* Deman are isc)sse . ,n also a&o)t Deman *orecasting% Determinants o* s)ppl$ are isc)sse in etail. Ref. Page No. )ea./+*g Se11+o* )+$e Met/o" No )o5+.1 to e .ove-e" 6 7 10 11 12 13 14 Deman - #$pes o* eman Determinants o* eman Deman !)nction Deman Elasticit$ Deman !orecasting an its steps Metho s o* Deman !orecasting 1)ppl$ - Determinants o* s)ppl$ .0m .0m .0m .0m .0m .0m .0m 1 1 1 1 1 1 1 0.1 0./ 0.12 0.2/ /.1 /.0 ..2 --------

15

1)ppl$ *)nction

.0m

1 ../

--

16

1)ppl$ elasticit$

.0m

..11

--

17

7n)s)al 1)ppl$ C)r(es.

.0m

..1.

--

16 17

1)mmar$ an #)torial Contin)o)s ,ssessment #est 6

.0m

--

DOC/LP/01/22.06.10

LESSON PLAN
Su !o"e # Na$e :
MG2452 % ENG&NEER&NG E!ONOM&!S AND '&NAN!&AL A!!O(N)&NG

LP : MG2452 LP Rev. No: 02 Date: 27-06-2013 Page: 03 of 06


Se$e1te-: 2

(*+t: &&&

,-a*./: !S0&)

(N&) S3LLA,(S:
PROD(!)&ON AND !OS) ANAL3S&S Pro )ction *)nction - Ret)rns to scale - Pro )ction optimi8ation - Least cost inp)t -6so9)ants - Managerial )ses o* pro )ction *)nction. Cost Concepts - Cost *)nction 5 #$pes o* Cost - Determinants o* cost - 1hort r)n an Long r)n cost c)r(es Cost O)tp)t Decision - Estimation o* Cost.

O,4E!)&2E: #his )nit escri&es a&o)t the #heories o* Pro )ction. #he main o&'ecti(e is to )n erstan the cost concepts% t$pes an its estimation.
Se11+o* No Ref. Page No.

)o5+.1 to e .ove-e" Pro )ction *)nction Pro )ction optimi8ation 1tatistical Pro )ction !)nction. Managerial )ses o* pro )ction *)nction. Cost Concepts an its t$pes Determinants o* cost 1hort r)n an Long r)n cost c)r(es Cost O)tp)t Decision Estimation o* Cost 1igni*icance o* Cost in managerial Decision. 1ol(ing Pro&lems on #$pes o* Cost 1)mmar$ + #)torial

)+$e

)ea./+*g Met/o"

20 21 22 23 24 25 26 27 26 27 30 31

.0m .0m .0m .0m .0m .0m .0m .0m .0m .0m .0m .0m

1 1 1 1 1 1 1 1 1 1 1

6.1 6.13 6.20 6.24 6.23 6.02 6.02 6.03 6./1 6./2 6./2

------------0

DOC/LP/01/22.06.10

LESSON PLAN
Su !o"e # Na$e :
MG2452 % ENG&NEER&NG E!ONOM&!S AND '&NAN!&AL A!!O(N)&NG

LP : MG2452 LP Rev. No: 02 Date: 27-06-2013 Page: 04 of 06


Se$e1te-: 2

(*+t: &2

,-a*./: !S0&)

(N&) S3LLA,(S:
PR&!&NG

Determinants o* Price - Pricing )n er i**erent o&'ecti(es an i**erent mar:et str)ct)res - Price iscrimination - Pricing metho s in practice 5 role o* ;o(ernment in pricing control. O,4E!)&2E: #his )nit gi(es &rie* i ea a&o)t Pricing% i**erent mar:et str)ct)re an Pricing metho s in practice% Role o* ;o(t. in pricing control. Ref. Page Se11+o* #eaching No. No )o5+.1 to e .ove-e" #ime Metho 32 Price Determinants .0m 1 4.2 -33 34 35 36 37 36 37 40 41 42 Pricing )n er i**erent o&'ecti(es. Di**erent mar:et 1tr)ct)re. Price etermination )n er i**erent mar:et str)ct)re. Pricing polic$-strategic approach Pricing Discrimination Pricing metho s in practice. -rea: e(en ,nal$sis Pro*it-<ol)me ,nal$sis 1)mmar$ + #)torial Contin)o)s ,ssessment #est 66 .0m .0m .0m .0m .0m .0m .0m .0m .0m 1 1 1 1 1 1 1 1 4.2 4./ 4./ 4.0 4.2 2.1 2.1 2.2 ----------

DOC/LP/01/22.06.10

LESSON PLAN
Su !o"e # Na$e :
MG2452 % ENG&NEER&NG E!ONOM&!S AND '&NAN!&AL A!!O(N)&NG

LP : MG2452 LP Rev. No: 02 Date: 27-06-2013 Page: 05 of 06


Se$e1te-: 2

(*+t: 2

,-a*./:!S0&)

(N&) S3LLA,(S :
'&NAN!&AL A!!O(N)&NG 8ELEMEN)AR3 )REA)MEN)9 10 -alance sheet an relate concepts - Pro*it + Loss 1tatement an relate concepts - !inancial Ratio ,nal$sis Cash *low anal$sis - !)n s *low anal$sis 5 Comparati(e *inancial statements - ,nal$sis + 6nterpretation o* *inancial statements. 6n(estments - Ris:s an ret)rn e(al)ation o* in(estment ecision - ,(erage rate o* ret)rn - Pa$&ac: Perio - =et Present <al)e - 6nternal rate o* ret)rn.

O,4E!)&2E: 6n this )nit to sol(e pro&lems on #rial -alance% Pro*it + Loss ,cco)nt% -alance 1heet% !)n !low 1tatement% Cash !low 1tatement% Ratio ,nal$sis an Capital -) geting are e>plaine .
Se11+o* No Ref.

43 44 45 46 47 46 47 50 51 52 53 54

)o5+.1 to e .ove-e" ,cco)nts Concepts an Classi*ication o* ,cco)nts #rial -alance an Pro*it + Loss ,cco)nt. -alance sheet Preparation o* !inal ,cco)nts Ratio ,nal$sis !)n !low ,nal$sis Cash !low ,nal$sis Capital -) geting 5-asic Concepts. Ris:s an ret)rn e(al)ation o* in(estment ecision Pro&lem sol(ing on Capital -) geting. 1)mmar$ + #)torial Contin)o)s ,ssessment #est 666

#ime .0m .0m .0m .0m .0m .0m .0m .0m .0m .0m .0m

Page No.

2 2 2 2 2 2 2 2 2 2

203 2/. 224 224 001 002 0.2 062 062 033

#eaching Metho O?P +-O?P+-O?P + -O?P+-O?P+-O?P+-O?P+-----

DOC/LP/01/22.06.10

LESSON PLAN
Su !o"e # Na$e : MG2452 %
ENG&NEER&NG E!ONOM&!S AND '&NAN!&AL A!!O(N)&NG

LP : MG2452 LP Rev. No: 02 Date: 27-06-2013 Page: 06 of 06

,-a*./: !S0&)

Se$e1te-: 2

!ou-1e De:+ve-; P:a*: @ee:


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4 6 66

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10 6 66

11 6 66

12 6 66

10 6 66

1/ 6 66

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C,# 566

C,# 5666

1. Mc;)igan% Mo$er an ?arris% AManagerial EconomicsB ,pplications% 1trateg$ an #acticsA% #homson 1o)th @estern% 10th E ition% 200.. 2. Prasanna Chan ra. A!)n amentals o* !inancial ManagementA% #ata Mcgraw ?ill P)&lishing Lt .% /th e ition% 200.. RE'EREN!E ,OO=S:
1. 1am)elson. Pa)l , an =or ha)s @.D.% AEconomicsA% #ata Mcgraw ?ill P)&lishing Compan$ Limite % =ew Delhi% 200/. 2. Paresh 1hah% A-asic !inancial ,cco)nting *or ManagementA% O>*or 7ni(ersit$ Press% =ew Delhi% 2004. 0. 1al(atore Dominic:% AManagerial Economics in a glo&al econom$A. #homson 1o)th @estern% /th E ition% 2001.

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Na$e Date

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