GE3753 subject code deals with the Engineering Economics And Financial Accounting syllabus of B.E Environmental Engineering. In the second year, it is included in the Semester VII. This subject deals with the statistics and probability concepts to explore. In this article, we include textbooks and references to guide you to some more extent.
We aim to provide a detailed syllabus of GE3753 Engineering Economics And Financial Accounting. You can find unit-wise concepts and can easily make your preparations for examinations. It wouldn’t be difficult to find all the requirements in one place for the subject syllabus. This motto makes us provide this information to make it easy for you. Hope this information is useful. Don’t regret to share it with your classmates.
If you want to know more about the syllabus of other branches including B.E Environmental Engineering connected to an affiliated institution’s four-year undergraduate degree programme. We provide you with a detailed Year-wise, semester-wise, and Subject-wise syllabus in the following link B.E Environmental Engineering Syllabus Anna University, Regulation 2021.
Aim Of Concept:
- Understanding the concept of Engineering Economics.
- Implement various micro economics concept in real life.
- Gaining knowledge in the field of macro economics to enable the students to have better
- Understanding of various components of macro economics.
- Understanding the different procedures of pricing.
- Learn the various cost related concepts in micro economics.
GE3753 – Engineering Economics And Financial Accounting Syllabus
Unit I: Demand & Supply Analysis
Managerial Economics – Relationship with other disciplines – Firms: Types, objectives and goals – Managerial decisions – Decision analysis.Demand – Types of demand Determinants of demand – Demand function – Demand elasticity – Demand forecasting Supply – Determinants of supply – Supply function -Supply elasticity.
Unit II: Production And Cost Analysis
Production function – Returns to scale – Production optimization – Least cost input Isoquants – Managerial uses of production function. Cost Concepts – Cost function Determinants of cost – Short run and Long run cost curves – Cost Output Decision – Estimation of Cost.
Unit III: Pricing
Determinants of Price – Pricing under different objectives and different market structures – Price discrimination – Pricing methods in practice.
Unit IV: Financial Accounting (Elementary Treatment)
Balance sheet and related concepts – Profit & Loss Statement and related concepts – Financial Ratio Analysis – Cash flow analysis – Funds flow analysis – Comparative financial statements – Analysis & Interpretation of financial statements.
Unit V: Capital Budgeting (Elementary Treatment)
Investments – Risks and return evaluation of investment decision – Average rate of return – Payback Period – Net Present Value – Internal rate of return.
Text Books:
- Panneer Selvam, R, “Engineering Economics”, Prentice Hall of India Ltd, New Delhi, 2001.
- Managerial Economics: Analysis, Problems and Cases – P. L. Mehta, Edition, 13. Publisher, Sultan Chand, 2007.
References:
- Chan S.Park, “Contemporary Engineering Economics”, Prentice Hall of India, 2011.
- Donald.G. Newman, Jerome.P.Lavelle, “Engineering Economics and Analysis” Engg Press, Texas, 2010.
- Degarmo, E.P., Sullivan, W.G and Canada, J.R, “Engineering Economy”, Macmillan, New York, 2011.
- Zahid A. Khan: Engineering Economy, “Engineering Economy”, Dorling Kindersley, 2012
- Dr. S. N. Maheswari and Dr. S.K. Maheshwari: Financial Accounting, Vikas, 2009
Related Posts On Semester – VII:
- CCE333 Environmental Impact Assessment
- CCE332 Environmental Health and Safety
- GE3791 Human Values and Ethics
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