BEFA

1. Balaji Institute of Technology and Science
Course : B.Tech Subject: SM405MS : BUSINESS ECONOMICS AND FINANCIAL ANALYSIS
LECTURE SCHEDULE
Course Objective: To learn the basic Business types, impact of the Economy on Business and Firms
specifically. To analyze the Business from the Financial Perspective.
Course Outcome: The students will understand the various Forms of Business and the impact of economic
variables on the Business. The Demand, Supply, Production, Cost, Market Structure, Pricing aspects are learnt.
The Students can study the firm’s financial position by analyzing the Financial Statements of a Company.
Session Planned topic
Planned
Unit
Tentative Date
INTRODUCTION TO BUSINESS AND ECONOMICS
1 Business: Structure of Business Firm
Unit I
2 Theory of Firm, Types of Business Entities
3 Limited Liability Companies,
4 Sources of Capital for a Company
5 Non-Conventional Sources of Finance.
6 Economics : Significance of Economics
7 Nature and Scope of Business Economics
8 Role of Business Economist
9 Micro and Macro Economic Concepts
10 Importance of National Income, Inflation, Money
11 Supply in Inflation, Business Cycle
12 Features and Phases of Business Cycle
13 Multidisciplinary nature of Business Economics
14 Review
DEMAND AND SUPPLY ANALYSIS
15 Elasticity, Types of Elasticity, Law of Demand
Unit II
16 Measurement and Significance of Elasticity of Demand
17 Factors affecting Elasticity of Demand
18 Elasticity of Demand in decision making
19 Demand Forecasting: Characteristics of Good Demand Forecasting
20 Steps in Demand Forecasting, Methods of Demand Forecasting
21 Supply Analysis: Determinants of Supply
22 Supply Function & Law of Supply
23 Review
PRODUCTION, COST, MARKET STRUCTURES & PRICING
24 Production Analysis: Factors of Production Unit III

2. 25 Production Function, Production Function with one variable input
26 Two variable inputs, Returns to Scale
27 Different Types of Production Functions
28 Cost analysis: Types of Costs,
29 Short run and Long run Cost Functions.
30 Market Structures: Nature of Competition
31 Features of Perfect competition
32 Monopoly
33 Oligopoly and Monopolistic Competition.
34 Pricing: Types of Pricing,
35 Product Life Cycle based Pricing
36 Break Even Analysis
37 Cost Volume Profit Analysis.
38 Review
FINANCIAL ACCOUNTING
39 Accounting concepts and Conventions
Unit IV
40 Accounting Equation, Double-Entry system of Accounting
41 Rules for maintaining Books of Accounts
42 Journal
43 Posting to Ledger
44 Preparation of Trial Balance
45 Elements of Financial Statements
46 Preparation of Final Accounts
47 Review
48 Review
FINANCIAL ANALYSIS THROUGH RATIOS
49 Concept of Ratio Analysis
Unit V
50 Liquidity Ratios
51 Turnover Ratios
52 Profitability Ratios
53 Proprietary Ratios
54 Solvency, Leverage Ratios
55 Introduction to Fund Flow and Cash Flow Analysis
56 Review
Faculty HoD