Book Details

Engineering Economics and Cost Analysis

Engineering Economics and Cost Analysis

Published by uLektz

Course Code:CE2451

Author:Ulektz

University: Anna University, Tamil Nadu

Regulation:2008

Categories:Civil

Format : ico_bookePUB3 (DRM Protected)

Type :eBook

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Description :Engineering Economics and Cost Analysis of CE2451 covers the latest syllabus prescribed by Anna University, Tamil Nadu for regulation 2008. Author: Ulektz, Published by uLektz Learning Solutions Private Limited.

Note : No printed book. Only ebook. Access eBook using uLektz apps for Android, iOS and Windows Desktop PC.

Topics
UNIT I BASIC ECONOMICS

1.1 Definition of economics -Nature and scope of economic science -Nature and scope of managerial economics

1.2 Basic terms and concepts -Goods - utility - value - wealth - factors of production - land - its peculiarities - labour - economies of large and small scale - consumption - wants - its characteristics and classification

1.3 Law of diminishing marginal utility

1.4 Relation between economic decision and technical decision

UNIT II DEMAND AND SCHEDULE

2.1 Demand - demand schedule - demand curve -Law of demand -Elasticity of demand - types of elasticity - factors determining elasticity - measurement - its significance

2.2 Supply - supply schedule - supply curve -Law of supply - elasticity of supply - time element in the determination of value - market price and normal price - perfect competition

2.3 Monopoly -Monopolistic competition

UNIT III ORGANISATION

3.1 Forms of business - proprietorship - partnership

3.2 Joint stock company - cooperative organisation - state enterprise

3.3 Mixed economy

3.4 Money and banking - banking - kinds - commercial banks - central banking functions - control of credit - monetary policy - credit instrument.

UNIT IV FINANCING

4.1 Types of financing - Short term borrowing - Long term borrowing - Internal generation of funds - External commercial borrowings

4.2 Assistance from government budgeting support and international finance corporations - analysis of financial statement

4.3 Balance Sheet - Profit and Loss account - Funds flow statement

UNIT V COST AND BREAK EVEN ANALYSES

5.1 Types of costing – traditional costing approach - activity base costing -Fixed Cost – variable cost – marginal cost – cost output relationship in the short run and in long run.

5.2 Pricing practice – full cost pricing – marginal cost pricing – going rate pricing – bid pricing – pricing for a rate of return.

5.3 Appraising project profitability –internal rate of return – pay back period – net present value – cost benefit analysis.

5.4 Feasibility reports – appraisal process – technical feasibility economic feasibility – financial feasibility.

5.5 Break even analysis - basic assumptions – break even chart – managerial uses of break even analysis.

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