Module Title: PRINCIPLES OF MACRO ECONOMICS

Topic Coverage
Introduction to Macro Introduction to Macro Economics; Microeconomics and Macroeconomics; Macroeconomic Goals
Economics and Instruments; Subject matter of Macroeconomics.
National Income Accounting Economic Units and Circular Flow of Income; Concepts of GDP, GNP,NDP and NNP; Real
Income and Nominal.
The Classical System Classical view – Adam smith, J.B. Say; Classical theory of income, output and employment
determination.
The Simple Keynesian Model Consumption Function, determinants of Consumption; Investment Function; Equilibrium level of
Income determination; Government participation in the economy.
The Multiplier Effect Investment Multiplier; Tax Multiplier; Transfer Payment Multiplier; Balanced Budget Multiplier.
Business Cycle, Inflation and Nature and Characteristics of Business Cycle; Phases of Business Cycle; Inflation and Deflation –
Deflation Meaning, causes and control.
Macro Economic Policies Monetary Policy
Fiscal Policy
Macroeconomic Challenges Macroeconomic Goals : Looking Forward; Macroeconomics and Human Development;
for the Twenty-First Century Macroeconomics and Ecological Sustainability.

ogram: B.Com
Term: II
Credits: 4
Instructor: Santhi Narayanan
Course Contents

Contents Content Details Graded Tasks

Introduction to Law What is law? What are the institutions that enforce law? Government -
the role of its three organs: legislature, executive, judiciary. What do we
need laws for? What are the different types of laws that business
managers need to know about? Where do the laws come from?
Indian Contract Act 1872 What is a contract? Social vs. Business Agreements. How is a Case Study
contract made? Essentials of a valid contract: offer,
acceptance, consideration, competence to contract, free
consent, and lawful object. Types of contracts. Quasi contract.
Indemnity. Guarantee. Discharge of contract, Breach of contract
and its remedies.

Sale of Goods Act 1930 What is a contract for sale of goods? Similarities with and Group Presentations
modification to general contract law provisions. Transfer of
property. Conditions and warranties -caveat emptor. Performance
of contract of sale. Rights of unpaid seller. Remedies for breach of
contract for sale.
Negotiable Instruments Act 1881 What are negotiable instruments? Types of instruments. Parties to
instruments. Methods of negotiating instruments. Endorsement
and delivery of instruments. Holder in due course. Negotiation by
unauthorized parties. Negotiation of dishonored and overdue
instruments.
Partnership Act 1932 What is a partnership? Types of partners. How to make a partnership Group Project
firm. Partnership deed. Registration of a partnership firm. Effects of non- Form a (fictitious)
registration. Rights, duties and liabilities of partners. Dissolution of a Firm and register it.
partnership firm. Go to Registrar of
Firms to gather
Information.

Companies Act 1956 Characteristics of a company. Memorandum and article of association,

Directors, meetings, Winding up.
 Consumer Protection Act 1986 Important definitions under the Act. Rights of consumers. Who
can file complaints? Consumer courts: District Forum, State
Commission, National Commission. How to file complaints?
Complaint format. Remedies. Sample of complaint form.

odule Title: Principles & practices of management

Program: B.Com
Term: II
Credits: 3
Contents Content Details Lectures
Introduction to Management, • Management: Concept and functions 7
Organization and its
Environment • Levels of Management
• Managerial roles and skills
• Organization and its environment
• Emerging trends in business: Outsourcing, service sector and e-
commerce.
Evolution of Management • Classical Management Theory: F.W. Taylor 6
Theories
• Fayol’s Principles
• Hawthorne experiments
• System approach

The Process of Management • Planning-process, types of plans 7

• Organizing-Basic Concepts.
• Departmentation- Functional, Project, Matrix and Virtual
• Authority & responsibility

Communication &Managing • Communication: Process and Barriers. 5

Organizational Control • Control: Concept ,process & techniques

Production function of management • Plant location & factory planning, purchasing, store keeping 4

Intro to HRM • Concept, functions of HRM 6

• Concept: Industrial Relations
• Labour legislations(Brief overview):
o Minimum Wages Act
o Payment of Wages Act, 1936
o Employees’ Provident Fund, 1952
o Employees State Insurance Act,1976

odule Title: Basics of Management Accounting

Program: B.Com (Professional)
Term: II
Credits: 4
Instructor: Ankur Agrawal
Student Learning:
Learning Hours

Contact 38

Guided Study 25

Assessment 12
 Topic Covers: No. of
Lectures
(40)
Introduction • Difference Between Cost , Management and Financial Accounting 3
• Concept , Objective, Scope of Management Accounting
Analysis of financial • Ratio Analysis- 10
statement Solvency ratios
Profitability ratios
Activity ratios
Liquidity ratios.
Market capitalization ratios
• Common Size Statement Comparative Balance Sheet
Introduction to Corporate • Introduction to Cash Flow Statement 8
Financial Statements Various cash and non-cash transactions
Flow of cash
Preparation of Cash Flow Statement
Marginal Costing • Cost Volume, Profit analysis 10
• P/V ratio, analysis and implications
• Concept and uses of contribution
• Breakeven point and its analysis
• Differential Costing and incremental costing;: concept, uses and
applications
Budgeting • Concept of Budget 9
• Budgeting and Budgetary Control
• Types of Budget
• Preparation of :-
Cash Budget
Master Budget
• Advantages and Limitations of Budgetary Control.
Recommended Text:
1. Horngren et al - “Introduction to Management Accounting” (Pearson)
2. Khan and Jain – “ Management Accounting” (Tata McGraw Hill)
3. Pandey I.M – “Management Accounting” (Vikas)
4. Sahaf M.A.-“Management Accounting–Principles and Practice” (Vikas)
5. Ravi M. Kishor – “Advanced Management Accounting” (Taxmann)

odule Title: Basics of Management Accounting

Program: B.Com (Professional)
Term: II
Credits: 4
Instructor: Ankur Agrawal
Student Learning:
Learning Hours
Contact 38
Guided Study 25
Assessment 12
Total 75
Module Aim
Management accounting is the internal mechanism of reporting within the modern business. The subject is fundamental to the financial operation
of an efficient modern business. On completion of the module students will be able to understand and apply a variety of techniques currently in
use.
Module Objectives/ Learning Outcomes
On completion of this module the student will be able to:
1. Describe the goal of cost accounting techniques and evaluate their relevance in the current commercial world.
2. Understand the application of the various techniques and analyze their impact on business profitability. Calculate costing
under each of the techniques and examine the results.
3. Define budgeting and describe its relevance as the main tool of management’s financial control in modern businesses.
Calculate budgets from source materials and explain the relevance of the result. Interpret the result of variance analysis to
allow recommendations to other non financial managers.
Teaching and Learning Approach
Students will learn through a combination of face-to-face contact and guided study. Personal contact sessions will include case study analysis,
numerical problem solving, and presentations. Guided study will include preliminary text readings (defined by lecturer). Additional material will
also be emailed by presenters.
Indicative Content
Following set of topic will help to achieve the learning outcomes.
Topic Covers: No. of
Lectures
(40)
Introduction • Difference Between Cost , Management and Financial Accounting 3
• Concept , Objective, Scope of Management Accounting
Analysis of financial • Ratio Analysis- 10
statement Solvency ratios
Profitability ratios
Activity ratios
Liquidity ratios.
Market capitalization ratios
• Common Size Statement Comparative Balance Sheet
Introduction to Corporate • Introduction to Cash Flow Statement 8
Financial Statements Various cash and non-cash transactions
Flow of cash
Preparation of Cash Flow Statement
Marginal Costing • Cost Volume, Profit analysis 10
• P/V ratio, analysis and implications
• Concept and uses of contribution
• Breakeven point and its analysis
• Differential Costing and incremental costing;: concept, uses and
applications
Budgeting • Concept of Budget 9
• Budgeting and Budgetary Control
• Types of Budget
• Preparation of :-
Cash Budget
Master Budget
• Advantages and Limitations of Budgetary Control.
Recommended Text:
1. Horngren et al - “Introduction to Management Accounting” (Pearson)
2. Khan and Jain – “ Management Accounting” (Tata McGraw Hill)
3. Pandey I.M – “Management Accounting” (Vikas)
4. Sahaf M.A.-“Management Accounting–Principles and Practice” (Vikas)
5. Ravi M. Kishor – “Advanced Management Accounting” (Taxmann)