UNIVERSITY OF KERALA - College of Engineering, Trivandrum

08 . 402 HUMANITIES
(C T A F R H B )
L T P/D Cr
3 0 0 3
PART-I ECONOMICS (2periods/week)
Module I
Definition of Economics – Basic Concepts Goods – Choice of techniques – Production possibility curve
National Income concepts - GNP – GDP – NNP – Per Capita Income – Three Sectors of the Economy –
Primary – Secondary, Tertiary Sector – Significance of Money.
Meaning of Demand and Supply – Types of demand – Determinants of Demand – Demand forecasting
Production function – Law of Variable proportion – Returns to scale - Least cost combination of inputs –
Cost concepts – Cost output relationship
Module II
Inflation – causes of inflation – measures to control inflation – Demand – Pull inflation – cost push inflation
– effects of Inflation – effects of inflations comparison between inflation and deflation
India’s Economic crisis in 1991 – New economic policy – Global Financial meltdown in 2008 –
Applicability of Keynesian Theory to UDC’S.
Stock Market and present scenario – Industrial sector past and present – Industry Analysis – Electronics –
Chemical – Automobile – FMCG Industry.
Environment and Development – Basic Issues – Sustainable Development and Environmental Accounting –
Population – Resources and the Environment – Poverty and the Environment – Growth versus the
Environment – The Global Environment .
PART II - ACCOUNTANCY (1period/week)
Module III
Book- Keeping and Accountancy -Elements of Double Entry -Book- Keeping-rules for journalizing -Ledger
accounts –Cash book-Banking transactions – Trial Balance- Method of Balancing accounts- the journal proper
(simple problems).
Final accounts: Preparation of trading and profit and loss Account- Balance sheet (with simple problems) -
Introduction to Accounting packages (Description only)
References:
1. K.K Dewett, ‘Modern Economic theory’, S.Chand &Co.
2. Michael-Todaro, ‘Economic Development’, Addison Wesley Longman Ltd.
3. Mohinderkumar Sharma, ‘Business Environment in India’.
4. D.M .Mithani. ‘Money,Banking, International Trading and Public finance’, Himalaya publishing
house,NewDelhi
5. Rudder Dutt and K.P.M.Sundaran,Indian Economy, S.Chand & Co.
6. Hal R Varian- Intermediate micro Economics, W.W.Norton & Co.
7. Koutsiannis (second edition) Micro Economics
8. Batliboi - Double Entry book Keeping
9. Dr K.G. Chandrasekharan Nair - A Systematic approach to Accounting
University question:
Note: Part I and Part II to be answered in separate answer books.
Part – I. Economics
Part A – 30 Marks (short answers) covering entire syllabus (3x10=30)
Part B – 40 marks (50% choice one out of two or two out of four from each module)
Part – II. Accountancy
Three questions covering entire syllabus out of which two questions have to be answered (2x15=30)
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