Commercial Laws
Unit - 1 Indian Contract Act, 1872
Definition & Nature of Contract, Classification; Offer & Acceptance;
Consideration; Capacity of Parties; Free Consent; Legality of Objectives; Void Agreements;
Performance of Contracts; Discharge of Contract; Contingent Contracts; Quasi Contracts;
Remedies for Breach of Contract.
Unit - 2 Special Contracts
Indemnity & Guarantee; Bailment & Pledge; Contract of Agency.
Introduction to Right to Information Act, 2005.
The Consumer Protection Act, 2019: Introduction, Objectives Commencement & Application,
Definitions, Salient Features, Grievance Redressal Machinery.
PRINCIPLES AND PRACTICES OF MANAGEMENT
Unit - 1 Management,Planning & Organization.
Management: Nature, Definitions, Scope, Levels, Process and Significance of Management.
Development of Management Thoughts: Classical, Neo-Classical Systems, Contingency and
Contemporary Approaches to Management (Drucker, Porter, Prahalad, Senge and Tom Peters).
Planning: Concept, Process, Nature, Steps in Planning, Significance and Types. Decision
Making: Concept and Process, Types of Decisions, Management By Objectives (MBO).
Organization: Concept, Nature, Process, Significance, Types, Organisational Structure,
Committees, Span of Control. Authority and Responsibility. Delegation, Decentralization and
Departmentation.
Unit - 2 Direction,Coordination & Control .
Direction: Concept, Features, Importance and Limitations of Direction. Elements of Direction-
Supervision, Motivation, Leadership and Communication.
Coordination: Concept, Features, Importance and Limitations of Coordination. Internal and
External Coordination.
Control: Concept, Features, Importance and Limitations of Control. Control Process. Essentials
of a Good Control System. Techniques of Control. Relationship between Planning and Control.
PSYCHOLOGY FOR MANAGERS
Unit - 1 Introduction
Concepts, Definitions; Need and Importance of Organisational Behaviour for
Managers, Contributing Disciplines of OB. Nature and Scope, Organisational Behaviour Models.
Individual Behaviour: Introduction and Meaning, Factors Affecting Individual Behaviour,
Models of Individual Behaviour
Personality: Meaning, Characteristics, Determinants and Theories of Personality
Perception: Nature & Importance, Perception Process, Perpetual Errors and Distortions.
Attitudes and Values: Components, Sources and Measurement of Attitudes. Concept, Sources
and Types of Values.
Unit - 2 Motivation
Meaning and Importance of Motivation, Theories of Motivation, Morale.
Inter Personal Behaviour and Transactional Analysis (TA).
Leadership: Definition, Importance, Leadership Styles, Models and Theories of Leadership .
Conflict Management: Traditional vis-a-vis Modern View of Conflict, Types and Causes of
Conflict, Conflict Resolution.
Business Economics - I
Unit - 1 Utility Approach
Meaning, Types, Relationship between Marginal Utility and Total Utility,
Law of Diminishing Marginal Utility, Law of Equi-Marginal Utility, Consumer Equilibrium,
Derivation of Demand Curve.
Indifference Curve Approach: Properties, Consumer Equilibrium, Price Effect, Income Effect,
Substitution Effect, Price Effect a combination of Income Effect and Substitution Effect.
Law of Demand
Elasticity of Demand: Definitions, Types, Measurement, Factors and Importance.
Unit - 2 Production and Revenue
Laws of Returns, Law of Variable Proportion and Returns to Scale.
Cost and Cost Curves : Concept of Nominal Real Economic Implicit, Explicit and Opportunity
Cost, Cost Curve under Short-run and Long-run, Relationship between Average Cost and
Marginal Cost.
Revenue Curves : Concept of Total Average and Marginal Revenue under different Market
Conditions, Relationship between Average Revenue, Marginal Revenue and Elasticity of
Demand.
Perfect Competition: Features, Equilibrium of Firm, Equilibrium of Industry, Role of Time
element in Price Determination.
Monopoly: Feature, Equilibrium of Firm/Industry, Price Discrimination and Its Types.
Monopolistic Combination: Features, Price-Output Policy of the Firm. Selling Cost, Meaning,
Effects, Equilibrium of Firm with respect to Selling Cost.
PRINCIPLES OF FINANCIAL ACOUNTING
Unit - 1 Generally Accepted Accounting Principles
Accounting Concepts and Conventions:
their Nature, Purposes and Limitations. Introduction to Accounting Software and Tally.
Financial Statements of Sole Proprietor and Partnership Firm (with adjustments): Income
Statement, Balance Sheet
Branch Accounting: Dependent and Independent Branches (Excluding Foreign Branches).
Departmental Accounting: Meaning, Needs, Advantages, Apportionment of Expenses, Inter
Departmental Transfers and Provision for Unrealised Profit.
Unit - 2 Accounting for Consignment,Joint Venture
Accounting for Dissolution of Partnership Firm; Insolvency of Partners(excluding Sale to a
Company) and Piecemeal Distribution.
Royalty Accounts