8EC6 INDUSTRIAL ECONOMICS & MANAGEMENT

UNIT 1 :

Organizational forms, Profit maximization and other objectives of industrial firms, Theory of

profitability, Economies of scale.

Financing of Industries- Need and sources of finance, Role of special financial institutions, Investment

criteria-NPV, IRR.

UNIT 2 :

Approaches to industrial location analysis, Productivity analysis, Input-Output analysis,

Concentration of economic power.

New Industrial Policy – Critical analysis, Role of technology and entrepreneurship in industrial

development.

UNIT 3:

Management – Principles of management, functions-planning, Organization staffing, Directing,

Controlling, Coordination, Decision making.

UNIT 4

:

Production Management – Total quality management, JIT, Quality circle, Quality-ISO9000,

ISO14000, KANBAN, Bench marking, Effective communication.

UNIT 5:

Labour Legislations.