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B 7 BA 201: Management Thoughts and Philosophy Course Objective: To give an insight to the various management thinkers Course Content: Unitl (04 lectures) Introduction : Management as a discipline, Values in Management, Managerial Roles. Unit (10 lectures) Schools of Management Thoughts I The management Process school, the empirical School, The Human Behavior School Unit 1 (8 lectures) Schools of Management Thoughts IL Phe Social System School, Decision Theory School, The System School. Unit IV (14 lectures) Management Thinkers (Classical) *.W. Taylor, Henry Fayol, George Elton Mayo, A. H. Maslow, Douglas McGregor Management Thinkers (Contemporary) eter F. Drucker, Michael Porter, C. K. Prahlad, Indian thinkers in management — JRD TA’ SD Birla, Ramkrishna Bajaj. SUGGESTED READINGS ¢ Management Thoughts & Philosophy Naveen Mathur © Management Thought R.N. Singh ¢ New Horizons In Management P.K. Shrivastav ¢ Indian Management “ Thought and Practices” Amit Gupta ¢ A History of Management Thought Morgen Witzel © scanned with Oken Scanner a o BBA 202; Micro Economies Course Objective: © give an insight i 2 vari r ‘ ta sight into the various concepts of economics and its implications in the business Course Content: Unit 1 Definitions of Economics: Introduction to Micro Economics- Definition, Seope, and Concept of utility, Law of Diminishing Marginal Utility, Law of (8 lectures) equi-marginal utility, Consumer's Surplus. Unit 1 (10 lectures) Theory of Demand: Meaning & Determinants of Demand, Law of Demand, Exceptions to law of demand. Theory of Supply: Meaning & determinants of Supply, Law of supply, exceptions to law of supply. Cost analysis: Accounting Costs and Economic Costs. Short Run Cost Analysis: Fixed, Variable and Total Cost Curves, Average and Marginal Costs curves, Long Run Cost Analysis: Average and Marginal Cost Curves. (10 lectures) Unit 01 Revenue: Total, Average and Marginal Revenue, Relationship between AR and MR curves. Pricing under Various Market Conditions: Perfect Competition - Equilibrium of Firm and Industry under Perfect Competition, Monopoly - Price Determination under Monopoly, Monopolistic Competition - Price and Output Determination under Monopolistic Competition. Unit IV (10 lectures) Theory of Distribution: Marginal Productivity theory of Distribution Rent: Concepts of Differential Rent, Scarcity Rent, Economic rent, Contract Rent, Quasi Rent es and Real Wages, factors and Pure Rent. Modern theory of rent. Wages: Money Wag determining real wages. Theories of wages: wage fund theory, subsistence theory, residual claimant theory Theories of Profit- risk theory of profit, uncertainty-bearing theory of profit, innovation theory of profit. SUGGESTED READINGS © Textbook of Economic Theory Stonier and Hague Introduction to Positive Economics Richard G. Lipsey © Business Economics (Micro) Dr. Girijashankar;. * Micro Economics - M. L. Seth 5. Micro Economics M. L. Jhingan; Managerial Economics - Theory and Application D.M. Mithani «© Managerial Economics D.N. Dwivedi; Introduction to Micro Economics C.B. Sachdeva © scanned with Oken Scanner BB. A 203: Cost Accounting Course Objective: To Familiariz miliarize th 1 students with h the basic cost 's st concepts, allocation an . ation and control of vario us costs and methods of costing Course Content: (10 lectures) Unit I Introductio: i a a mn 10, Cost Accounting : oat Cost Concepts ~ elements of cost, classification of cost, i = ae - ee ae ne cone 1, Emerging terms viz. Life Cycle Costing, Activity Based Materials Control: Meaning- Steps Involved- material/inventory control — valuation of incoming materials and inventory - techniques of & outgoing material ~ material losses Unit 1 . ; (6 lectures) Labor Cost Control : Direct and Indirect Labor, Steps Involved — treatment of Idle time, Holiday Pay, Overtime etc. in cost accounts, al workers & out workers, Labor tumover, methods of wage payment, Incentive plans. (10 lectures) ms of overheads casu: ment of specific ite f overheads — Treat! methods of absorption of Unit OT Overheads : Meaning & Classification ©! in cost accounts — stages involved in distribution of overheads — t of under and over absorption of overheads (10 lectures) tch costing, Process contract & bal ocess profits )» Operating/Service output costing, job costing, and inter-pr Unit IV : Costing: Single d by-products Methods of ee including joint proo™ ant ae (Transport & Power ‘House only )- SUGGESTED READINGS saxena and Vasistha- ° Advanced Cost Accounting in ee Advance Cost Accounting ee tneshwar 2 Cost Accounting em ; Jagtal = = secountind

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