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Monday, March 3, 2014

IL7009 ENGINEERING ECONOMICS AND COSTING Syllabus

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Anna University Syllabus - Anna University ME Syllabus

IL7009 ENGINEERING ECONOMICS AND COSTING Syllabus | Anna University ME Industrial Engineering Second Semester Syllabus Regulation 2013. Below is the Anna University 2013 Regulation Syllabus for 2nd Semester for ME Industrial engineering, Textbooks, Reference books, Exam portions, Question Bank, Previous year question papers, Model question papers, Class notes, Important 2 marks, 8 marks, 16 marks topics. 
It is applicable for all students admitted in the Academic year 2013-2014 onwards for all its Affiliated institutions in Tamil Nadu.


Anna University Chennai Syllabus

IL7009 ENGINEERING ECONOMICS AND COSTING L T P C 3 0 0 3
UNIT I DEMAND ANALYSIS AND FORECASTING 10
Managerial Economics – Meaning, Nature and Scope – Managerial Economics and Business
decision making – Role of Managerial Economist – Demand Analysis – Fundamental Concepts of
Managerial Economics – Meaning, Determinants and Types of Demand – Elasticity of demand -
Demand forecasting and forecasting methods.
UNIT II PRODUCTION FUNCTION AND COST ANALYSIS 9
Supply: Meaning and determinants – production function- Isoquants – Expanstion path Cobb
Douglas function – Cost concepts – Cost output relationship – Economies and diseconomies of
scale – Cost functions- Determination of cost- Estimation of cost.
UNIT III MARKET COMPETITION AND PRICING 9
Market Structure – Various forms – Equilibrium of a firm – Perfect competition – Monopolistic
competition – Oligopolistic competition – Pricing of products under different market structures –
Methods of pricing – Factors affecting pricing decision – Differential pricing – Government
Intervention and pricing.
UNIT IV PROFIT ANALYSIS 7
The concept of profit: Profit planning, control and measurement of profits. Profit maximisation –
Cost volume profit analysis – Investment Analysis.
UNIT V COSTING 10
Job costing-Process costing-Operating costing-Standard Costing (variance analysis) and
budgeting-.
TOTAL: 45 PERIODS
REFERENCES
1. A. Ramachandra Aryasry and V.V. Ramana Murthy. “ Engineering Economics and Financial
Accounting:, Tata Mc graw Hill Publishing Company Ltd., New Delhgi, 2004
2. V.L. Mote, Samuel and G.S.Gupta, “Managerial Economics – Concepts and cases”, Tata
McGraw Hill Publishing Coimpany Ltd, New Delhi, 1981.
3. A.Nag, :Macro Economics for Management Students” MacMillan India Ltd., New Delhi,
1999.

4. Jawaharlal, Cost Accounting, Tata McGraw Hill,

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