EEB-X12

EEB-X12
PGDM-PT 2012-15: Term-III

Course Name : Economic Environment of Business

Credits	03
Faculty Name	Prof.S.P.Das
Program	PGDM (PT – I)
Academic Year and Term	2012 – 15, Term – III

1. Course Description

The economic environment of an economy is

characterized by interacting among systems, firms, the Government and other market forces both domestic and international. Economic decisions in general and strategies in particular are moulded by the Economic Environment. Those external factors like the economic, political / regulator, social, technological and natural factors which make-up the opportunities for and threats to business and internal factors like resources. A thorough understanding of the Economic environment therefore is a pre-requisite for making any strategic decision. Indeed formulation of strategy is sometimes defined as establishing a proper firm environment.

2. Student Learning Outcomes (typically 3-5 bullet points)

· Be able to develop an understanding of the complexity of factors in business environment.
· Be able to use appropriate analytical skills, thereby enhance the ability to apply the concepts in solving problems relating to the business environment.
· Be able to demonstrate appropriate abilities to integrate knowledge across business disciplines.

3. Required Text Books and Reading Material

Some of the selected text books which are recommended for the reference of students are as follows. Apart from this, reading materials are also being provided to the students from time to time.

- Business Environment Text & Cases by Francis Cherunilam
- Liberalisation – Its impact on the Indian Economy by S.P.Gupta
- Economic Environment of Business by S.K.Mishra & V.K.Puri
- Global Economy and Business Environment by Francis Cherunilam
- Business Environment Text & Cases by Justin Paul
- Business Enviroment by Saroj Upadhyaya
- Business Environment by V.Neelanegan

4. Tentative Session Plan

Session No.	Topics/Activities	Reading/case list etc.
1	Broad Profile of the Indian Economy & the Macro Economic Scenario	Broad Profile of the Indian Economy & the Macro Economic Scenario
2-3	Economic Reforms and Liberalisation	Economic Reforms and Liberalisation Economic Systems : Market, Economic Planning & Controls
4-5	Globalisation & its impact on Indian Economy	Globalisation & its impact on Indian Economy
6-7	Export Import Policy & Trade Liberalisation	Export Import Policy & Trade Liberalisation
8	Public & Private Sector in Indian Economy	Public Sector in Indian Economy Private Sector in Indian Economy
9	Privatisation & Disinvestment	Privatisation & Disinvestment
10	Foreign Investment, Technology & Multinational Corporations	International Investment
11-12	WTO & Indian Economy	GATT/WTO and Global Economic Liberalisation
13	Indian Business Environment	Changing Business Environment of India
14	Union Budget and Taxation	Presentations on Union Budget 2012-13
15	Indian Economy/Business in the 21st Century	Cases: South East Asian Economic Crisis Different for Gamble Mickinsey’s Agenda for India’s Economic Reform

5. Evaluation: Quizzes (2) - 20%
Midterm - 30%
End-term - 30%
Assignment - 20%

6. Academic Integrity : Any kind of academic dishonesty viz. exchange of remarks, notes, gestures or glances at another student’s paper in the examination hall will lead to disciplinary action against the person involved in such dishonest activities. The volume of disciplinary action depends on the gravity of the offence.

******

Created By: Debasis Mohanty on 12/21/2012 at 02:05 PM
Category: ExPGP-I Doctype: Document

...........................