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Sem 5 -INDUSTRIAL MANAGEMENT AND ENGINEERING ECONOMICS

Mg university B.tech syllabus S5 Electrical & Electronics 

PART A: INDUSTRIAL MANAGEMENT

Module 1
Modern Concepts of Management: Scientific management – functions of
management – planning – organizing – staffing – directing – motivating –
communicating – coordinating – controlling – Organisational structures – line, line
and staff, and functional relationships – Span of control – delegation –
Management by objectives.

Module 2
Personnel Management: Objectives and functions of personnel management –
recruitment – selection and training of workers – labour welfare – industrial
fatigue – Industrial disputes – Trade unions – Quality circles.
Formation of Companies: Proprietary – Partnership – joint stock companies –
public sector – joint sector and cooperative sector.

Module 3
Marketing Management: Pricing – Promotion – Channels of distribution – Market
research – Advertising.
Production Management: Batch and mass production – inventory control – EOQ –
Project planning by PERT /CPM – Construction of network (Basic Ideas only)

References
1. Industrial Management: O.P. Khanna
2. Industrial Management: K.K Ahuja
3. Marketing Management: Philip Kotler

PART B: ENGINEERING ECONOMICS

Module 4
Theory of demand and supply – price mechanisms – factors of production – land,
labour, capital and organisation – National income – Difficulties in estimation –
Taxation – Direct and indirect taxes – Progressive and regressive – black money –
inflation – Causes and consequences.

Module 5
Indian Financial System – Reserve bank of India – Functions – Commercial banking
system –Development financial institutions – IDBI –ICICI – SIDBI – IRBI- NABARD
– Investment institutions – UTI – Insurance companies – Indian capital market –
Stock market – Functions – Role of the public sector – Privatisation – Multinational
corporations and their impact on the Indian economy.

References
1. Indian Economy: A.N Agarwal
2. Modern Economic Theory: K.K. Dewett
3. Principles of Economics: K.P.M. Sundharam & M.C Vaish.