Bihar Engineering University, Bihar, Civil Engineering Semester 6, Engineering Economics, Estimation & Costing Syllabus

Unit - 1 Basic Principles and Methodology of Economics

1.1 Basic Principle and Methodology of EconomicsDemand SupplyElectricity Government Policies and Application

1.2 Theory of Firm and Market Structure

1.3 Basic Macroeconomic Concepts including GDPGNPNIDisposable Income

1.4 Identities for both Closed and Open Economics

1.5 Aggregate demand and supply ISLM

1.6 Price Indices WPICPI

1.7 Interest Rate

1.8 Direct and Indirect tax

Unit - 2 Public Sector Economics

2.1 Public Sector Economic Welfare Externalities Labour Market

2.2 Components of Monetary and Financial System

2.3 Central Bank Monetary Aggregate

2.4 Commercial Bank and their functions

2.5 Capital and Debt Market

2.6 Monetary and Fiscal Policy Tools and their impact on the EconomyInflation and Philips Curve

Unit - 3 Elements of Business-Managerial Economics and forms of organizations

3.1 Elements of Business Managerial Economic and Forms of Organization

3.2 Cost and Cost Control Techniques Types of Costs Lifecycle Costs Budgets Break even analysis Capital Budgeting Application of Linear Programming

3.3 Investment analysis NPV ROI IRR Payback Period. Depreciation Time value of money present and future worth of cash flow

3.4 Business Forecasting Elementary Techniques Statements Cash Flow Financial Case study method.

Unit - 4 Indian economy

4.1 Brief overview of post –independence periodplans post reform growth structure of productivity activity

4.2 Issue of inclusion – sector stateregions Group of peopleMF Urbanization Employmentinformal organized

4.3 Unorganized public private challenges and policy debates in monetary fiscal social external sectors

Unit - 5 Estimation Measurements for various items

5.1 Estimation Measurement for Various Items

5.2 Introduction to the Process of Estimation

5.3 Use of Relevant Indian Standard Specification for the same

5.4 Taking out Quantities from the Given Requirement of the Work

5.6 Comparison of Different Alternatives

5.7 Bar Bending Schedules

5.8 Mass Haul Diagrams

5.9 Estimating earthwork and foundation

5.10 Estimating Concrete and Masonry

5.11 Finishes Interiors MPE work

5.12 BIM and Quality take off

5.13 Adding Equipment Costs

5.14 Labour costs

5.15 Rate Analysis

5.16 Material Survey Thumb rule for computation of materials required for different materials for buildings

5.17 Percentage Breakup of the cost

5.18 Cost Sensitive Index

5.19 Market Survey of Basic Materials

5.20 Use of Computers in Quality Survey

Unit - 6 Specifications

6.1 Specifications

6.2 Types of Specification

6.3 Requirement and Importance of Specification

6.4 Detailed Specification for Buildings Roads Minor Bridges and Industrial Structure

Unit - 7 Rate analysis

7.1 Rate Analysis

7.2 Purpose of Rate Analysis

7.3 Importance and Necessity of Rate Analysis

7.4 Factor Affecting Rate Analysis

7.5 Task Work

7.6 Daily Output from Different Equipment Productivity

Unit - 8 Tender

8.1 Tender

8.2 Preparation of tender documents

8.3 Importance of Inventing Tender

8.4 Contract Types

8.5 Relative Merits

8.6 Prequalification

8.7 General and Special Condition

8.8 Termination of Contract

8.9 Extra Work and Changes

8.10 Penalty and Liquidity Charges

8.11 Settlement of Disputes

8.12 R. A. Bill and Final Bill

8.13 Payment of Advance

8.14 Insurance Claim and Price Variation

8.15 Preparing Bids Bid Price Buildup

8.16 Material Labour Equipment Costs Risk Direct and Indirect Overheads Profit

8.17 Bid Condition

8.18 Alternative Specification

8.19 Alternative Bids

8.20 Bid Process Management

Unit - 9 Introduction to Acts pertaining to Minimum wages

9.1 Introduction to Act Pertaining to Minimum Wages

9.2 Workman’s Compensation

9.3 Contracts

9.4 Arbitration

9.5 Easement Rights