Engineering Economics and Financial Accounting

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Engineering Economics and Financial Accounting


Engineering Economics and Financial Accounting



INTRODUCTION


Managerial Economics: meaning, Nature, Significance
Managerial Economics Related With Other Disciplines
Firms : Types, Objectives & Goals
Managerial Decisions
Decision Analysis (DA)
Important Questions and Answers: Engineering Economics and Financial Accounting

DEMAND AND SUPPLY ANALYSIS


Demand: Definition, Meaning, Law
Types of Demand
Determinants of Demand
Demand Function
Elasticity of Demand
Demand Forecasting Methods
Meaning of Supply
Determinants and Function of Supply
Elasticity of Supply
Factors that Determine Elasticity of Supply
Important Questions and Answers: Demand and Supply Analysis

PRODUCTION AND COST ANALYSIS


Concept of Production Function
Returns to Scale
Production Optimization
Least Cost Input
Managerial Uses of Production Function
Cost Concepts
Short Run and Long Run Cost Curves
Estimation of Cost
Important Questions and Answers: Production Function and Cost Analysis

PRICING


Price and Pricing
Pricing Under Different Objectives and Different Market Structures
Price Discrimination
Pricing Methods in Practice
Important Questions and Answers: Pricing

FINANCIAL ACCOUNTING and CAPITAL BUDGETING


Introduction to the profit and loss account
Parts of the Profit and Loss Account
Cash Flow Statement(CFS)
Financial Statement Analysis
Ratio Analysis
Capital Budgeting
Identifying Relevant Cash Flows &Capital budgeting Process
Evaluation of Investment Proposals
Important Short Questions and Answers: Investments and Financial Accounting



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