B.Com SEMESTER III-

BC/3/CC/10: Indian Economy

Unit I

Basic Issues in Economic Development: Concept and Measures of Development and Underdevelopment; Human Development.
Indian Planning: Overview, Current Five Year Plan.

Unit II

Economic Environment: Basic characteristics of Indian economy, Savings and investment, Monetary and Fiscal Policies.
Economic Reforms and Liberalization.

Unit III

Growth, Development and Structural Change: Growth and Distribution; Unemployment and Poverty; Regional Imbalance; Environmental concerns.

Unit IV

Sectoral Trends and Issues: Agriculture: Agrarian growth and performance; Green Revolution; factors influencing productivity and growth;
Changing role in Indian GDP; Public Sector –its role, performance and reforms; MSME sector: Role and Performance; Public and Private Partnership: Concept & recent trends in india.

Unit V

Foreign trade and balance of Payments: Performance of India’s Foreign trade and Balance of Payments; Export Policies and Performance; Role of Foreign Capital; India and WTO; UNCTAD, World Bank and IMF.

Suggested Readings:

  1. Gaurav Dutt and KPM Sundaram, Indian Economy, S. Chand & Company.
  2. Deepashree, Indian Economy, Performance and Policies, Scholar Tech. New Delhi.
  3. Chopra, BK: Business Environment in India, Everest Publishing
  4. Dutt R and Sundharam KPM: Indian Economy; S. Chand
  5. Misra SK and Puri VK: Indian Economy; Himalaya Publishing
  6. P. Chidambaram: Business Environment; Vikas Publishing
  7. Sundaram & Black: The International Business Environment; Prentice Hall
  8. Suresh Bedi: Business Environment, Excel Books
  9. Upadhyay, S: Business Environment, Asia Books

BC/3/CC/11: Management Accounting

Unit I

Management Accounting: Meaning, Functions and Role of Management Accounting in decision making, tools and Techniques of Management
Accounting.

Unit II

Analysis of Financial Statement: Meaning and types of Financial Statements, Limitations of Financial Statement Analysis.
Ratio Analysis:Meaning, classification of ratios – liquidity ratios, turnover ratios, solvency ratios, debt- equity ratios, advantages and limitations of accounting ratios.

Unit III

Marginal Costing:
Meaning & Need of Marginal Costing, Distinction between Absorption and Marginal Costing, Need for marginal costing, Cost- Volume-Profit analysis, Marginal cost Equation, Composite BEP, Make or Buy Decision, Maintaining a desired level of profits, advantages and disadvantages (Simple Problems).

Unit IV

Budget and Budgetary Control: Meaning , Objectives, Merits and Limitations; Fix and Flexible Budgeting, Control ratios.

Unit V

Standard Costing and Variance Analysis: Meaning of Standard cost and Standard costing, Differences between a Budgetary control and Standard costing, Determination of Standard cost;. Concept of Variance Analysis: MaterialVariance, Labour variance, Overhead variance and Sales Variance ( simpleproblems)

Suggested Readings:

  1. D.K. Mittal and Luv Mittal : Cost Accounting, Galgotia Publishing Co., New Delhi.
  2. Horngren: Cost Accounting: A Managerial Emphasis.
  3. Khanna, Pandey and Ahuja: Practical Costing
  4. M. C. Shukla, T. S. Grewal and M.P. Gupta: Cost accounting, Text and Problems, S. Chand & Co. Ltd., New Delhi.
  5. Ravi M. Kishore: Cost Accounting ; Taxmann Allied services, New Delhi.
  6. S. N. Maheshwary and S. N. Mittal : Cost Accounting, Theory and Problems, Sri Mahabir Book Depot, New Delhi.
  7. S.P. Jain & K.L. Narang: Cost Accounting Principles and Methods, Kalyani Publishers, Jallandhar.

BC/3/CC/12: Business Regulatory Framwork

Unit I

The Law of Contract 1872
Nature of Contract: classification; offer and acceptance; capacity of parties of contract; free consent; consideration; legality of object; agreement declared void and voidable; special contracts; indemnity; guarantee; bailment and pledge; agency.

Unit II

The Sale of Goods Act 1930
Formation of contracts of sale; goods and their classification; price; condition and warranties; transfer of property in goods; Doctrine of caveat emptor; performance of contract of sale; sale by auction; unpaid seller and his rights.

Unit III

The Partnership Act 1932
Nature and types of partnership; partnership deed; rights and duties; liabilities of partners; registration of firm; dissolution of firm.

Unit IV

The Negotiable Instrument Act 1881
Definition of Negotiable instrument; features; promissory note; Bill of exchangediscounting and endorsing, cheque; holder and holder in the due course; crossing; negotiation; Dishonour and discharge of negotiable instrument.

Unit V

The Consumer Protection Act 1986
Salient features; definition of consumer; grievance redressal machinery; RTI and its application: RTI Act (in brief).

Suggested Readings-

  1. A. K. Sen & J. K Mitra: Commercial Law & Industrial Law, The World Press P. Ltd., Kolkata.
  2. Avtar Singh: The Principles of Mercantile Law; Eastern Book Company, Lucknow.
  3. J.S. Khergamwala: The Negotiable Instruments Act; N.M. Tripathi Pvt. Ltd. Mumbai.
  4. M. C Shukla: A Manual of Mercantile Law, S. Chand & Co. Ltd., New Delhi.
  5. M.C. Kuchal: Business Law; Vikas Publishing House, New Delhi.
  6. N.D. Kapoor: Business Law; Sultan Chand & Sons, New Delhi.
  7. N.D. Kapoor: Elements of Business & Economic Laws; Sultan Chand & Sons, New Delhi.
  8. P.R. Chandha: Business Law; Galgotia, New Delhi.
  9. Rohini Aggarawal: Students’ Guide to Mercantile & Commercial Laws, Taxmann Allied Services P. Ltd., New Delhi.
  10. S.S. Gulshan & Kapoor, G. K.: Business Law, New Age International P. Ltd., Publishers, New Delhi.
  11. T.R. Desai: Indian Contract Act, Sale of Goods Act and Partnership Act; S.C. Sarkar & Sons Pvt. Ltd, Kolkata.

BC/3/OE/14: Small Business Finance

Unit I

Nature of Sole Proprietorship and Partnership form of business; Financial recordssuitable for small Business; Preparation and Interpretation of financial statements; Calculation of costs; Remuneration of employees; Tax Implementation: Value Added (VAT), C Form, F Form, Way bills, CST, Octroi; MUDRA Bank.

Unit II

Working Capital Management: Current Assets; Inventories; Sundry Debtors; Cash management; Other Current Assets; Current Liabilities; Sundry creditors; Provisions; Receivables; Loans and Advances; Secured and Unsecured Loans; Commercial Paper; Public deposits. (Theory only).

Suggested Readings:

  1. C.B. Gupta and Srinivasan: Entrepreneurial Development in India, Sultan Chand, New Delhi.
  2. D.D. Mali: Entrepreneurship Development in North East, IIE.
  3. K. Natarajan and E. Gordon: Fundamentals of Entrepreneurship, Himalaya, New Delhi.
  4. Khanka, S. S: Text book on Entrepreneurship, S. Chand Publications. New Delhi.
  5. M.B. Shukla: Entrepreneurship and Small Business Management, Kitab Mahal.
  6. Management, Himalaya Publishing House New Delhi.
  7. Vasant Desai: Dynamics of Entrepreneurial Development and Management; Himalaya, New Delhi.
  8. Vasant Desai: Fundamentals of Entrepreneurship and Small Business