notes For RGPV Bhopal CBCS CBGS Students

  • Principles Management & Economics (EC-8003)

    Principles Management & Economics (EC-8003) RGPV notes CBGS Bachelor of engineering


    UNIT 1:
    Management Concept: Management, Administration and Organization Difference and Relationship between Organization Management and Administration. Importance of Management, Characteristics of Management

    UNIT 2:
    Management: Scientific Management, Principles of Management, Process of Management, Functions of Management, Levels of Management, Project Management.

    UNIT 3:
    Decision Making: Introduction and Definition, Types of Decisions, Techniques of Decision Making, Decision making under certainty Decision making under uncertainty, Decision Making under risk.

    UNIT 4:
    Managerial Economics: Introduction, Factors Influencing Manager, Micro and Macroeconomics, Theory of the Cost, Theory of the Firm, Theory of Production Function.

    UNIT 5:
    Productivity: Input-Output Analysis, Micro-economics Applied to Plants and Industrial Undertakings, Production and Production system, Productivity, Factors affecting Productivity, Increasing Productivity of Resources.


    Books Recommended

    1. Peter Drucker, Harper and Row: The Practice of Management.
    2. Koontz: Essentials of Management, TMH.
    3. Staner: Management, PHI Learning.
    4. Daft: Principles of Management, Cengage Learning.
    5. T. N. Chhabra: Principle and Practice of Management, Dhanpat Rai, New Delhi.
    6. Hirschey: Managerial Economics, Cengage Learning.
    7. T. R. Banga and S.C. Sharma: Industrial Organisation and Engineering Economics, Khanna Publishers.
    8. O.P. Khanna: Industrial Engineering and Management, Dhanpat Rai.
    9. Joel Dean: Managerial Economics, PHI learning.
    10. V. L. Mote, Samuel Paul and G.S. Gupta: Managerial Economics Concepts & Cases, TMH, New Delhi.
    11. V. L. Mote: Managerial Economics, TMH, New Delhi.

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