UNIT I: Nature and characteristics of export marketing forms of international business international trade exports and imports FDI economics theories. UNIT II: Export business environment globalization of business economics, political and cultural environment of international business FEMA. UNIT III: Multinational corporations features classification role of MNCs in developing countries threats faced by exporters. UNIT IV: International financial market EXIM bank exchange rate mechanism export credit guarantee corporation (ECGC) export pricing.33 UNIT V: Export procedure and documentation steps in export procedure documents pre-shipment document documents related to goods certificate related to shipments documents related to payment, inspections, excisable goods. TEXT BOOKS RECOMMENDED: 1. Export marketing and international business by Francis Cherunilam Prentice Hall 2. International Business by K.Aswathappa Tata McGraw Hill 3. Export Marketing by Balagopal Himalaya 4. Export Marketing by Rathur Himalaya
SRIMAD ANDAVAN ARTS AND SCIENCE COLLEGE (AUTONOMOUS), T.V.KOVIL, TRICHY-5
DEPARTMENT OF COMMERCE (PG CURRICULUM 2014 ONWARDS)
Semester : II Course code : P14MCO207TA
Hours :6 Credit :6
Core Course VII - Managerial Economics
Objective: To make the students to realize the usefulness of economic tools, principles and laws in business decisions Unit I Introduction - Managerial Economics definition Nature and Scope Differences between economic theory and managerial economics Basic economic tools in managerial economics Role of managerial economist Unit II Demand Analysis & Forecasting - Demand determinants price and demand Marginal utility analysis and indifference curve analysis price elasticity of demand and business decisions demand distinctions demand forecasting factors, types & purpose Criteria for good forecasting forecasting for new products Unit III Cost & Production Analysis - Cost concepts classifications Criteria of classifying costs cost determinants cost and output relationship in the Short and long run Learning and cost Economies of scale Production Function with one variable input and all variable inputs optimal input combination managerial uses of production function Unit IV Competitive conditions and Price determination - Price and output Decision under perfect competition Fixed cost & shutdown decision Monopoly Price discrimination objectives & techniques Monopolistic competition difference between perfect and monopolistic competition Oligopoly Linked demand curve and price leadership lessons for managers under monopolistic and oligopolistic conditions Meanings of Monopoly and duopoly Unit V TEXT BOOK(S): Managerial Decision Making & Macro economic factors - Classifications of managerial decisions Linear programming Meaning, definition, characteristics, - National Income concepts measuring National Income Business cycle characteristics phases Inflation Objectives of monetary and fiscal policies 1. Managerial Economics S.Sankaran, Margham Publications. 2. Managerial Economics Varshney and Maheswari, S.Chand & Sons. REFERENCE BOOK(S): 1. Managerial Economics E.Narayanan Nadar & S.Vijayan, PHI Learning Private Ltd. 2. Managerial Economics - W. Cris Lewis, Sudhir K. Jain, H. Craig Petersen, Paper Back Publisher. 3. Managerial Economics D.N.Dwivedi, Vikas Publishing House. 4. Managerial Economics P.L.Metha, S.Chand.