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Sem 4 - ENGG. ECONOMICS AND CONSTRUCTION MANAGEMENT


Part A
Engineering Economics
Module 1
Indian Industries: Industrial pattern-Industrial growth-Inadequacies of the program of industrialisation-Role of the public sector-problems and prospects of privatization-multinational corporations and their impacts on the Indian economy-inflation-demand pull and cost push-effects of price increases.
Module 2
Accountancy: Objectives of accounting – management accounting and financial accounting – journal – ledger – the trial balance – balance sheet – profit and loss account.
Module 3
Financial management: The Indian financial system – types of banks and their functions – long term financing – the stock market – functions and problems faced by the stock market – Industrial finance – loans and return of loans – cost benefit analysis – methods of appraising profitability – pay back method – average rate of return – internal rate of return – net present value.
Part B
Construction Management
Module 4
Introduction to job planning and Management: Bar charts and mile stone charts – work breakdown structure – C P M and PERT networks – Network and time estimates – Earliest expected time – Forward pass and backward pass – Time estimates – related problems.
Module 5
Project costs analysis: Cost Vs Time curve – optimum duration- related problems – updating, resource allocation – resource smoothing – resource leveling – Network compression – Compression limited by crashing – float- parallel critical paths – crashed critical paths – most economical solution.
Module 6
Industrial Relations: Payment of wages Act – Minimum wages Act – Employees State Insurance Act –Workers participation in management – labour welfare and social security – Industrial safety and welfare provision – role of state in labour welfare – role of labour welfare officers social security principles and practice.
References
A.N.Agarwal, Indian economy, Wishwa prakashan.
Prasanna Chandra, Fundamentals of financial management, Tata McGraw Hill.
Ruddar Datt, K.P.M. Sundaram, Indian economy, S.Chand &Co.
James.D.Steevens, Techniques for Construction Network Sheduling, McGraw Hill.
S.C.Sharma, Management of Systems, Khanna Publishers.
T.R.Banga, S.C.Sharma, Industrial Organisation and Engineering Economics, Khanna Publishers.
L. S. Srinath, PERT and CPM Principles and Applications, East – West Press.