Economics / Management / Entrepreneurhip

IIT Kharagpur Course , Prof. P.K.J. Mohapatra

Lecture 1: Introduction

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Lecture Details :

Economics / Management / Entrepreneurhip by Prof. P.K.J. Mohapatra, Department of Nanotechnology, IITKharagpur. For more details on NPTEL visit http://nptel.iitm.ac.in

Course Description :

Introduction - Market Equilibrium: Demand and Supply - Elasticity of Demand - Demand Forecasting - Production - Exercises on Economics - Cost-Volume-Profit Relationships - Cost Management Systems and Activity Costing System - Relevant Information and Decision Making - Cost Allocation - Double-Entry Bookkeeping - Job Casting - Process Costing - The Master Budget - Flexible Budgets and Variance Analysis - Financial Statements - Analysis of Financial Statements - Time Value of Money - Comparison of Alternatives - Depreciation Accounting - Evolution of Management Thoughts - Functions of Management - Directing - Product Development - Forecasting Revisited - Capacity Planning and Plant Location - Product / Services Strategies and Plant Layout and Production Planning and Control - Inventory Management - Supply Chain Management and Marketing Management - Forms of Ownership - Starting a New Company and Small-Scale Industrial Understandings - Capital Financing - Entrepreneurship Final Words

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