Upload
kirtirana89
View
231
Download
0
Embed Size (px)
Citation preview
8/8/2019 PGP IInd Trisem Server
1/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
OPERATIONS RESEARCH & DECISION MODELS
COURSE DURATION: 3 HRS PER WEEK FOR 10 WEEKSCOURSE CREDITS: 03
1. OPERATIONS RESEARCH Meaning and scope
Relevance of O.R. techniques for solving business problems
2. DYNAMIC PROGRAMMING
Deterministic dynamic programming
Selected applications of dynamic programming
3. INTEGER PROGRAMMING
Cutting plane algorithm
Integer programming model
4. INVENTORY MODELS
Deterministic models
Economic order quantity
Permissible strategies
5. SUPERVISING MODELS (SEQUENCING)
Simple case of two machines and their allocation through graphicaltechniques
6. REPLACEMENT MODEL
7. DECISION THEORY
Decision making and the parameters involved, including probabilisticsituations
Decision making under certainty, risk and uncertainty; criteria for decisionmaking under each
Expected monetary value as an aid to decision making
Decision tree and its managerial application
8. GAME THEORY Business games and strategies adopted by players
Game matrix
Pure strategies and saddle point
Mixed strategies
Dominance theory and linear programming as tools for determiningoutcomes
Application of game theory for pricing advertising and similarmanagerial decisions
8/8/2019 PGP IInd Trisem Server
2/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
9. ASSIGNMENT PROBLEM
Job opportunity cost and its resolution
Applications of assignment models for solving business issues
10. TRANSPORTATION PROBLEM
Transportation problems and their solutions using LCM, NWCM,Vogels method
Transportation problem and optimum solutions through steppingstone method and modified distribution method
Special cases of demand/supply inequality, degeneracy, etc.
11. CRITICAL PATH METHOD AND PROGRAM EVALUATION ANDREVIEW
TECHNIQUES
Monitoring and control of time and project cost using critical path;float of
activities(total, free and independent float);estimation of time ofcompletion/duration of project
Variance analysis for estimating probability of project completion inscheduled time
Midcourse correction and crashing of duration of activities ;arrestingdelays; optimal time cost trade off
Resource and manpower allocation and leveling to match therequired schedules of project.
BASIC TEXT J. K. SHARMA: Operations Research (Macmillan)
8/8/2019 PGP IInd Trisem Server
3/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
CONSUMER BEHAVIOR
COURSE DURATION: 2 HRS PER WEEK FOR 10 WEEKSCOURSE CREDITS: 02
1.FOUNDATIONS OF CONSUMER BEHAVIOR
Customer oriented Marketing
Consumer Buying Behavior & Decision Making Models- Influences on buying behavior- Consumer buying and consumption process- Consumer decision making models
Researching the Consumer
2. PERSONAL FACTORS
Demographics: Age, gender, occupation, education
Economic status and logic
Needs and motivation
Level of involvement and kind of decision making
Psychographics: Personality, lifestyle and self concept
3. INTERPERSONAL FACTORS
Culture, subculture and value system
Social Group InfluencesSocial classReference groups and opinion leadersFamily and FLCRole and status
Interpersonal factors and symbolic consumption
4. ENVIRONMENTAL FACTORS
Product offerings and innovations
Time, place and other factors
Public policy issues
5. INFORMATION RECEIPT, PROCESSING AND OUTCOMES
Stimulus, Exposure and Attention
8/8/2019 PGP IInd Trisem Server
4/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
Encoding and decoding of message processing: Ability, opportunityand willingness to process information
Outcomes of Processing: Comprehension- Perception- Learning and comprehension- Belief- Attitude formation- Memory and retrieval- Habit formation
Adoption and Diffusion of Innovation
6. PURCHASE, CONSUMPTION AND POST-PURCHASE BEHAVIOR
Problem recognition, types of problems and types of decisions
Information search
Evaluation of alternatives
Choice making and purchase decision
Consumption and post consumption behavior:- Consumption and post consumption response- Consumer care, satisfaction and loyalty
7.INDIAN CONSUMING CLASSES
Indian Market Demographics- Economic groupings- Regional clusters- Age cohorts- Gender divides- Population density based segments
Market Segmentation
BASIC TEXT
SATISH K. BATRA & SHH KAZMI: Consumer Behaviour (Excel)
8/8/2019 PGP IInd Trisem Server
5/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
O.B. & HRD
COURSE DURATION: 2 HRS PER WEEK FOR 10 WEEKSCOURSE CREDITS: 02
SECTION-A: O.B.
1. STRESS MANAGEMENT
Nature, types, and causes of stress
Personality and stress
Organizational and environmental factors
Managing stress: Individual & organizational strategies
2. CONFLICT MANAGEMENT
Meaning, attitude towards, stages, and types
Sources of conflict
Strategies to manage stress
Negotiation as a strategy
3. ORGANIZATIONAL STRUCTURE AND DESIGN
Meaning, factors affecting, and elements of organizational structure
Organizational design structures
High performance systems
4. POWER & POLITICS
Power and control issues: Definition, sources, understanding, of power
Bases of power
Organizational politics
Ethics in power and politics
5. ORGANIZATIONAL CULTURE
Meaning, functions, types, descriptions
Management of organizational structure
Changing organizational structure
International comparisons
Cross cultural dimensions: Hofsteeds analysis
6. ORGANIZATIONAL CHANGE
8/8/2019 PGP IInd Trisem Server
6/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
Importance, determinants, and importance
Planned change: Internal and external
Unplanned change: Internal and external
Effective change program: Characteristics, models
People and change
Manager as change agent
SECTION-B: HUMAN RESOURCE DEVELOPMENT
7. HRD: CONCEPTUAL FRAMEWORK
Evolution, concept, characteristics of HRD
Objectives of HRD
HRD as a total system
Functions of HRD
HRD vs. personnel management
8. HRD: PHILOSOPHY AND STRATEGIES
Overview and philosophy HRD matrix
Policies, strategy
HRD programs: Barriers
HRD and Indian organizations
9. HRD SYSTEMS
HRD systems: Principles and process of designing
Factors affecting HRD systems designing
10. HRD MECHANISMS
Prerequisites for HRD
Variables in HRD mechanisms
HRD processes and outcomes
Organizational effectiveness
11. HRD CLIMATE AND CULTURE
HRD climate: Meaning, factors affecting
Indian culture and HRD
Development dimensions
BASIC TEXTS
KAVITA SINGH: Organizational Behaviour (Pearson) Chs.7,11,13-17
SANTOSH GUPTA & SACHIN GUPTA: Human Resource Development(Deep & Deep: 2005) Chs.1-5
8/8/2019 PGP IInd Trisem Server
7/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
FINANCIAL MANAGEMENT
COURSE DURATION: 2 HRS PER WEEK FOR 10 WEEKSCOURSE CREDITS: 02
1. NATURE AND SCOPE OF FINANCIAL MANAGEMENT
Meaning, nature and scope; finance functions; job of a financemanager; organization of function.
Financial goal of a business: profit v/s wealth maximization;implications; conflict of goals among various stakeholders
1.1 CONCEPT OF TIME VALUE
Concepts of discounting, compounding, present value, future value;methods of estimation.
2. EQUITY VALUATION
Concepts of equity and its valuation
Beta estimation and cost of equity
2.1 COST OF CAPITAL
Dividend growth v/s CAPM
WACC
3. CAPITAL BUDGETING & CASHFLOW INVESTMENT ANALYSIS Investment decisions: nature; criteria for evaluation
Methods of evaluation: NPV, IRR, PI, ARR; their relative superiorityand shortcomings
Cash flow v/s profit; components of cash flow
Incremental approach for cash flow estimation
Depreciation: concept; tax treatment of depreciation
4. OPERATING LEVERAGE AND CAPITAL STRUCTURE
8/8/2019 PGP IInd Trisem Server
8/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
Financial and combined leverage; impact of leverage on risk taking
Planning an optimum capital structure: Capital structuredetermination theories; net income approach; net operating incomeapproach; Modigliani-Miller approach; designing capital structure
5. WORKING CAPITAL MANAGEMENT
Concept and planning for working capital; financing of workingcapital; approaches for determining the financing mix; managementof inventory, receivables, and cash.
BASIC TEXT
I. M. PANDEY: Financial Management (Vikas)
ADVERTISING MANAGEMENT
COURSE DURATION: 2 HRS PER WEEK FOR 10 WEEKSCOURSE CREDITS: 02
1. MARKETING AND MARKETING COMMUNICATION
with special focus on advertising
2. OVERVIEW OF ADVERTISING CAMPAIGN PLANNINGSituation analysis; setting up of advertising objectives; budget estimation; decisionsabout media and vehicle choices; designing and production of message; actual
delivery; measurement of results; decision about future course of action.
3. SITUATION ANALYSIS
Knowledge about target audience(occupant profile, object of purchase,objective of purchase, occasion of purchase, organization, and operation ofbuying activity), the category/ brand usage status of the customer (non-category user, brand loyal, other brand loyal, or brand switcher), informationprocessing stage of the customer (aware, knowledgeable,Comprehension),readiness to purchase stage(liking, preference, or purchaseintention),information need of the target audience (extended problem solving,limited problem solving, routine behavior), involvement with purchase (low orhigh),and type of decision making(informational versus transformational).
4. POSITIONING PLATFORM AND OBJECTIVES OF ADVERTISING
Current and desired perception; marketing objectives (trial purchase, repeatpurchase, increased usage, purchase orientation), advertising objectives(category need establishment, brand awareness, brand attitude, brandpurchase intention, and brand purchase facilitation), and psychologicalprocessing objectives(attention, awareness, knowledge, comprehension,conviction).
5. BUDGET SETTINGFactors determining budget; steps involved; budget plan and execution.
8/8/2019 PGP IInd Trisem Server
9/23
8/8/2019 PGP IInd Trisem Server
10/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
Process of personal selling :Prospecting , preapproach ,approach,presentation ,handling objectives/resistance, close, post sales followup
2. PLANNING THE SALES EFFORT -1: SALES PLANNING
Need for planning; sales manager as planner
Sales planning process: Selling objectives, determining operationsto meet objectives , organizing for action, implementing,measurement of results ,reevaluating and control
Unsuccessful sales planning and reasons thereof (viz, absence ofproper planning ,lack of systematic communication ,absence ofsales force involvement ..)
2.1 PLANNING THE SALES EFFORT - 2: SALES BUDGET
Purpose, benefits, and principles of setting sales budget
Various types of sales budgets :sales, expenses, administrative
,profit budgets Methods of budgeting for sales force
Requirements for successful budgeting
Developing a sales budget ,from situation analysis till actualpreparation
3. PLANNING THE SALES EFFORT - 3 : SALES POTENTIAL ANDFORECAST
Market potential and assessment: importance ,need and analysis ofpotential
Sales forecasts: Significance, qualitative methods , quantitative
methods Selection of a forecast method for accuracy and effectiveness
Difficulties associated with forecasting
3.1 PLANNING THE SALES EFFORT - 4: SALES QUOTA
Purpose and importance ;characteristics of a good sales quota
Types of sales quota
Methods of setting sales quota
Administering sales quota
3.2 PLANNING THE SALES EFFORT - 4: SALES AND COST ANALYSIS Sales controls: Objectives; process and difficulties
Sales analysis: Steps, problems in analysis, sales audits
Cost analysis :Types ;procedure
Marketing audit: Meaning; procedure; components
4. ORGANISING AND DIRECTING THE SALES EFFORT -1: HIRINGAND
TRAINING
8/8/2019 PGP IInd Trisem Server
11/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
Recruitment: Setting requirements; selection process (upto makingoffer)
Sales training :Importance; types :initial ,follow up
Kinds: Manufacturer to distributors sales force ;manufacturer tocustomer
Sales training: Designing a program ;implementation; evaluation
4.1 ORGANISING AND DIRECTING - 2: TIME AND TERRITORYMANAGEMENT
Importance of time management
Territory management :Importance; criteria for territory design;methods for design ;
procedure for developing territories ; assigning sales force
Operating territory management :Routing ;scheduling
4.2 ORGANISING AND DIRECTING - 3: COMPENSATING
Compensation plans and their purpose ;characteristics ;types Designing of compensation plan
Implementation of plan
5. ORGANISING AND DIRECTING - 4: MOTIVATING
Concept and theories of motivation ;link between motivation andproductivity
Motivating the sales force at different stages of their career ,rightupto disengagement stage
5.1 ORGANISING AND DIRECTING - 5: LEADING
Leadership: Characteristics of an effective sales team leader
Leadership styles
Skills needed foe effective leadership
5.2 CONTROLLING THE EFFORT: EVALUATION
Performance and its determinants
Performance evaluation :Why, who, when, how to evaluate
Monitoring and reviewing performance
BASIC TEXTS
S L GUPTA: Sales & Distribution Management (Excel: Latest Edition) R. VENUGOPAL: Sales Management (Response Books: Latest
Edition)
BRAND MANAGEMENT
8/8/2019 PGP IInd Trisem Server
12/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
COURSE DURATION: 2 HRS PER WEEK FOR 10 WEEKSCOURSE CREDITS: 02
BRAND MANAGEMENT: OVERVIEW
CUSTOMER BASED BRAND EQUITY
BRAND POSITIONING & BRAND ARCHITECTURE
BRAND ELEMENTS AS BUILDING BLOCKS FOR BRAND EQUITY
MARKETING PROGRAM TO BUILD EQUITY
SECONDARY BRAND ASSOCIATION AND BRAND EQUITY
DESIGNING AND IMPLEMENTING BRANDING STRATEGIES
BRAND EXTENSION & MULTIPLE BRANDS
IMP: Details of each topic can be located in the respective text books
BASIC TEXTS
KEVIN LANE KELLER: Strategic Brand Management (Pearson: 2008)chs. 1-7,11, and12.
JEAN NOEL KAPFERER: Strategic Brand Management (Kogan Page:2000): Chs. 1-10
MANAGEMENT INFORMATION SYSTEM & KM
8/8/2019 PGP IInd Trisem Server
13/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
COURSE DURATION: 2 HRS PER WEEK FOR 10 WEEKSCOURSE CREDITS: 02
SECTION-A: MANAGEMENT INFORMATION SYSTEM
1. CONCEPT, ROLE AND COMPONENTS OF MIS
Concept of information system and information flow; role and importance ofinformation systems in management process; strategic role of I.T. in M.I.S ;information systems for competitive advantage
Components of MIS: Design and maintenance of M.I.S and Decision supportsystems ;development and implementation of MIS :systems analysis anddesign ;alternative application developments, financing issues (basic idea)
BPR: Concept; role of I.T. for BPR
ERP: Meaning; importance; applications; enterprise management systems (basicidea Only)
2. INFORMATION SYSTEM: THE HARDWARE & THE SOFTWARE
Computer: Machine, types and components
Hardware standards; acquisition of hardware :selection criteria and other
considerations
2.1 INFORMATION SYSTEM: THE SOFTWARE
Programming :Meaning, types; programming languages
Systems and application soft wares
Processing of information
3. DBMS
Data hierarchy: field, record, file, database; models and main components ofDBMS ; RDBMS; processing through DBMS
4. APPLICATIONS OF MIS
Applications in functional areas: Manufacturing, production, materials, personnel,finance, marketing, etc.
SECTION-B: KNOWLEDGE MANAGEMENT
5. BASICS OF KNOWLEDGE MANAGEMENT
Concept: Data, information and knowledge; knowledge types; knowledge cycle;benefits
6. KNOWLEDGE MANAGEMENT: STRATEGIC DIMENSIONS
Knowledge value proposition; capturing knowledge ;using knowledge ;leveragingknowledge ;capital for competitive advantage
Creation and codification of knowledge; architecture of knowledge systems
7. KNOWLEDGE MANAGEMENT AND TECHNOLOGY SUPPORT
Role of I T in knowledge management
Data capturing, mining and warehousing; processing and sharing of knowledgeusing I T
8. LEARNING ORGANISATIONS
Concept of a learning organization and relevance of KM
Note: The paper will be taught with the help of Indian case studies using KMsuccessfully, both from manufacturing and service sector.
8/8/2019 PGP IInd Trisem Server
14/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09BASIC TEXTS
AVADH GHAZIRI: Knowledge Management (Person Education)
LAUDON AND LAUDON: Management Information System (Pearson Education)
MARY SUMMER & ROBERT SCHULTHEIS: MIS A Managers View (TMH: Latest Edition)
MANAGERIAL ECONOMICS
COURSE DURATION: 2 HRS PER WEEK FOR 10 WEEKSCOURSE CREDITS: 02
1. INTRODUCTION
Economics And Managerial Decision Making- Managerial decision making under perfect information, risky
and uncertain situations.- Economics: Scope of economics; economics as a tool for
decision making.- Managerial Economics: Definition and scope; distinction
between economics and managerial eco.
2. CONSUMER DECISION MAKING
Demand Side Of The Market- Factors influencing demand; managerial implications.- Demand elasticities and lessons for a manager.- Demand estimation and fore casting: Basic methods.
Logic of Buying And Consumption- Conventional explanation for consumer behavior: Review- Attributes approach for explaining consumer choices
3. ECONOMICS OF SUPPLY AND PRODUCTION
Supply Side of The Market- Factors determining after of a supplier.- Supply elasticities and lessons for a manager.
Production: Conceptual Framework- Production concepts: review- Cost concepts; their role in decision making; incrementation;
engineering cost curves.- Economies and diseconomies in production and supply.
4. PRICING DECISIONS AND IMPLEMENTATION Alternative Paradigms Of Decision Making By A Firm
- The neoclassical model of firm: revenue, equilibrium, andprofit positions.
- Boumolss sales revenue maximization model.- Behavioral approach of Cyert and March.- Marris model of managerial enterprise.
Various Market Models And Market Power- Market classification based on number of players and extent
of competition; contestable markets.
8/8/2019 PGP IInd Trisem Server
15/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
- Power of the marketer regarding price setting in each of thesituations.
Pricing Decisions And Implementations-1: PriceDetermination
- Pricing decisions when competitors would not react.- Pricing under mutual dependence conditions
- Pricing for attaining long term objectives. Pricing Decisions And Implementation-2: Specific Models Of
Pricing- Situation of multiplant operations- Cartelization- Price discrimination- Transfer pricing
Pricing Decisions And Implementation-3: Decisions InPractice
- Pricing under uncertainty.- Rule of thumb pricing.- Mark up pricing.- Product line pricing.- Price as quality indicator.- Pricing of product bundles- Promotional pricing.
Pricing Decisions And Implementation-4: New ProductPricing
- Setting the initial price.- Adjusting price overtime
5. PRICING IN A REGULATORY FRAMEWORK Market Failures And Price Regulations
- Market failures and need for regulation.- Regulations and market structure, firm behavior etc.- Price regulation
IMPORTANT NOTETreatment shall be nonmathematical and applications oriented. Teachingshall be case/real life situations based.
BASIC TEXTS
IVON PING: Managerial Economics (Blackwell Publishers) All chapters except Ch.6and 10
D N SENGUPTA AND ANINDYA SEN: Economics of Business Policy (OUP)
Chs.4,5,6,7,14 & 15
8/8/2019 PGP IInd Trisem Server
16/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
NATIONAL ECONOMIC PLANNING (NEP-I)
COURSE DURATION: 2 HRS PER WEEK FOR 10 WEEKSCOURSE CREDITS: 02
1. DEVELOPMENT OF INDIAN ECONOMY
Economic development and underdevelopment: Basic concepts
Human development
Ecological environment and development: Concept of sustainabledevelopment
Indian Economy on the threshold of Independence.
Indian economy today
Explicit and implicit costs of economic growth: Illusion ofrising prosperity and the Americanization of India.
2. INDIAN ECONOMIC DEVELOPMENT IN FUTURE
Potential for economic growth and development in the New Millennium.
Alternative thinking on Indias economic progress: Growth with socialjustice
3. INSTITUTIONAL SETUP FOR ECONOMIC DEVELOPMENT
Role- positive and negative of the state in economic development.
Role- positive and negative of capitalism / market model ineconomic development.
Democracy, power groups, and the inherently iniquitous worldunder market capitalism.
Reforms needed in capitalism.
BASIC TEXTS
ARINDAM CHAUDHURI: Planning India
DR. M. K. CHAUDHURI & PROF. ARINDAM CHAUDHURI: Great Indian Dream
(Macmillan)
8/8/2019 PGP IInd Trisem Server
17/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
UMA KAPILA: Indian Economy since Independence (Academic Foundation: Latest
Edition)
TODARO & SMITH: Economic Development (Pearson Education: Latest Edition):Relevant chapters
Note: Additional readings will be announced by the faculty in the class
GLOBAL ECONOMICS & INTERNATIONAL PLANNING (NEP-II)
COURSE DURATION: 2 HRS PER WEEK FOR 10 WEEKSCOURSE CREDITS: 02
1.LOGIC OF PLANNING IN INDIA
Evolution of planning
Structural constraints and development strategyRole of state as visualized in the 1950s
Evolution of strategy over the planning period: 1950s tilldate: changing perceptions.
The three basic imbalances and their solutions by the state and themarket.
2. FINANCING OF INDIAS GROWTH
Role of foreign capital
Foreign direct investment
Other forms of resources
Domestic resourcesFinancial sector: Structure, performance, and reforms
INDIA AND THE INTERNATIONAL CONTEXT
Integration of Indian economy into world economic system- Financial integration- Integration through trade and commerce
Advantages and pitfalls of integration
8/8/2019 PGP IInd Trisem Server
18/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
BASIC TEXTS
ARINDAM CHAUDHURI: Planning India
DR. M. K. CHAUDHURI & PROF. ARINDAM CHAUDHURI: Great Indian Dream
(Macmillan)
UMA KAPILA: Indian Economy since Independence (Academic Foundation: LatestEdition)
TODARO & SMITH: Economic Development (Pearson Education: Latest Edition):
Relevant chapters
Note: Additional readings will be announced by the faculty in the class
MACRO ECONOMICS
COURSE DURATION: 2 HRS PER WEEK FOR 10 WEEKSCOURSE CREDITS: 02
1. INTRODUCTION Definition & scope of macroeconomics
Income and its measurement; their interpretation
Circular flow of income, output, and spending
NI and allied measures for India
2. INCOME DETERMINATION IN SHORT RUN: BASIC MODEL
Determinants of aggregate spending
Equilibrium income
Changes in income
Concepts of inflation, unemployment, business cycle, multiplier, etc.
3. INCOME DETERMINATION IN A FOUR SECTOR MODEL
Introduction of govt. in income determination model
Income determination in an open economy
Changes in income in a four sector model
Govt. and external sector in Indian economy
4. PRICE SETTING IN AD-AS FRAMEWORK
Aggregate demand, aggregate supply, and equilibrium
8/8/2019 PGP IInd Trisem Server
19/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
Changes in income and price level
5. INCOME AND PRICES IN THE LONG RUN
Induced changes in input prices
Aggregate demand shocks and their consequences on income
Income in short run and long run
Business cycle and fiscal operations
Fiscal policy in India and its implications for income determination & change
6. INSTITUTION OF MONEY IN A MODERN ECONOMY
Definition, nature, role, and function of money
Money and credit
Banking system: A preliminary idea of credit creation
7. MONEY IN MACROECONOMICS
Demand for money: General and in India
Supply of money: General and in India (monetary aggregated) Monetary forces and aggregate demand
Macroeconomic cycles and aggregate shocks
(Note: IS/LM model is NOT in course)
8. BALANCE OF PAYMENTS AND EXCHANGE RATES
Balance of payments: Concept; Indian BOP
Foreign exchange: Market; determination
Foreign exchange markets and systems in India
9. MACROECONOMIC POLICY IN AN OPEN ECONOMY
Meaning of an open economy and openness
Macro policy in a world with perfect capital mobility
Implications of an open economy; Indian case
10. MACROEONOMIC ISSUES: INFLATION
Inflation in the macro model
The Philips curve
The Lucas AS function Inflation in India
11. UNEMPLOYMENT
Meaning, types, and characteristics of unemployment
Unemployment in India: Nature. Causes, and consequences
Cyclical and structural unemployments
Policies to reduce unemployment
12. INTERNATIONAL TRADE
8/8/2019 PGP IInd Trisem Server
20/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
Basis of trade
Trade theories for the nations
Trade theories at the firm level
Gains from trade
BASIC TEXTS
LIPSEY AND CHRYSTAL: Economics (11th Indian Edition): Chs. 15-25 (OUP)
MINISTRY OF FINANCE: Economic Survey (Latest Edition): All Chapters (OUP)
V. IMPORTANT NOTES:
All the case studies given in Lipsey & Chrystal are in course.
The questions in examination will be application (of macroeconomics concepts)
based.
HUMAN RESOURCE SYSTEMS II
COURSE DURATION: 1 HR PER WEEK FOR 10 WEEKS
COURSE CREDIT: 01
1. INDUSTRIAL RELATIONSObjectives; requisites; nature; scope
2. INDUSTRIAL DISPUTESMeaning and kinds; causes, machinery for prevention and settlement
3. COLLECTIVE BARGAININGNature; prerequisites; techniques; processes; advantages and
disadvantages
3.1 PARTICIPATIVE MANAGEMENTForms; levels; models; objectives; working
4. WORKERS AND EMPLOYERS ASSOCIATIONSTrade unions and employers organizations: forms, purpose;
effectiveness
5. DISCIPLINE
8/8/2019 PGP IInd Trisem Server
21/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
Concept; importance; objectives and approaches; steps in disciplinaryaction
6. GRIEVANCE MANAGEMENT
Internal enquiry; charge sheet; grievance settlement: steps andprinciples
7. LABOR WELFARE AND SOCIAL SECURITYObjectives; importance; forms
NOTE: Each topic must be covered in the specific context of Indianscenario. End term examination will have questions based on industrialrelations principles and practices prevailing in India.
The students shall study the relevant legal provisions in the course ofIndustrial Law .Hence a mere mention here would suffice.
BASIC TEXT
JOHN M IVANCEVICH: Human Resource Management (TMH: Latest Edition)
RATNA SEN: Industrial Relations shifting paradigm (Macmillan)
INDUSTRIAL LAW
COURSE DURATION: 1 HR PER WEEK FOR 10 WEEKSCOURSE CREDIT: 01
1. INTRODUCTIONObjectives behind substantive and procedural labor laws; scope and
emergence of socioeconomic foundations.
2. LAWS RELATING TO WORKING CONDITIONSFACTORIES ACT, 1948: Objectives; definition of a factory; approval,
licencing and registration; regulations relating to health, safety,welfare, hazardous processes, working hours, employment ofspecial categories (children, women, etc) leave and wages; specialprovisions; penalties and procedures for violatios; appeals allowed.
8/8/2019 PGP IInd Trisem Server
22/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
3. LAWS RELATING TO WAGES AND BONUS
Payment of Wages Act, 1936: Need and scope; various relevantdefinitions; Rules for payment of wages; deductions from wages;maintenance of registers and records; enforcement of the Act;inspectors; claims arising out of deductions or delays in payment;appeals allowed.
Minimum Wages Act, 1948: Need and scope; objectives;constitutional provisions; items included; wage fixation and revision;enforcement; offences and penalties.
Payment of Bonus Act, 1965.
4. LAWS RELATING TO INDUSTRIAL RELATIONS
Industrial Disputes Act: Need, scope and objective; relevantdefinitions; procedure for settlement of disputes; various officials/bodies for settlement/ conciliation; arbitration mechanism andprocess, including awards and settlements; strikes and lockouts;
Legal provisions, Layotts and retrenchments; provisions relating toclosure of a unit; unfair labor practices and remedies available.
Trade Union Act, 1926: Need for a union; role and functions; historyof trade union movement in India; laws relating to TC activities:definition, registration and rules governing the functioning; rightsand privileges of a registered TV, duties and liabilities; dissolutionand derecognition of a TV.
Industrial Employment (Standing Orders) Act, 1946: objective,scope and applications; relevant definitions; matters covered understanding orders; procedure for submission, certification,registration, posting, duration and modification of standing orders;
enforcement; penalties and penalties and procedures.
BASIC TEXTS
M.C KUCHHAL & DEEPA PRAKASH: Business Legislation for management
(Vikas: Latest Edition)
AKHILESHWAR PATHAK: Legal Aspects of Business (TMH: Latest Edition)
COMPANY LAW
COURSE DURATION: 1 HR PER WEEK FOR 10 WEEKSCOURSE CREDIT: 01
1. INTRODUCTIONCorporate veil; types of companies and associations, including illegal
ones.
8/8/2019 PGP IInd Trisem Server
23/23
PGP_II_TRIMESTER
SYLLABUS: VERSION DEC.09
2. COMPANY FORMATION
Promoters and their legal position; pre incorporation contact;provisional contracts.
Documents: Memorandum of association; articles of association;doctrine of constructive notice and indoor management; prospectsand book building.
3. SHARE CAPITAL AND SHARE HOLDERS
Share capital: Issue, allotment and forfeiture; demat; transmission;dividend and bonus shares.
Rights and duties of members and shareholders
Meetings: convening and conduct of shareholders meetings.
4. MANAGEMENT OF THE COMPANYDirectors: Qualification, appointment and disqualification: Legal
provisions; powers and duties; board meetings; removal of
directors; other managerial personnel.
5. INVESTIGATIONSInquiries and investigations into matters pertaining to formation andfunctioning of a company.
6. WINDING UPMeeting, situations, modes and procedure for winding up of a
company.
BASIC TEXTS
M.C KUCHHAL & DEEPA PRAKASH: Business Legislation for Management(Vikas: Latest Edition)
AKHILESHWAR PATHAK: Legal Aspects of Business (TMH: Latest Edition)