Syllabus

Industrial Economics:

Unit –1.
Introduction: Nature and significance of Economics. Meaning of Science, Engineering and Technology and their relationship with economic development.

Unit –2.
Basic Concept: The concept of demand and supply. Elasticity of Demand and Supply. Indifference Curve Analysis, Price Effect, Income Effect and Substitution Effect.

Unit –3.
Money and Banking: Functions of Money, Value of Money, Inflation and measures to control it. Brief idea of functions of banking system, viz., Commercial and central banking, Business fluctuations.

Management:

Unit –4.
Introduction: Definition, Nature and Significance of Management,. Evaluation of Management thought, Contributions of Max Weber, Taylor and Fayol.

Unit –5.
Human Behaviour: Factors of Individual Behaviour, Perception, Learning and
Personality Development, Interpersonal Relationship and Group Behaviour.