1.08.

2012

Minutes of the Meeting (Macro Economics-I) A meeting of the colleges teachers teaching B.A.(H) Business Economics Paper MacroEconomics I was held on 1.8.2012 at 2.00 p.m. in the Computer Lab of the Department of BusinessEconomics. Following members were present in the meeting: Dr. Ananya G. Dastidar : Faculty, Deptt. of Business Economics, agdastidar@gmail.com (9818259172) Sukhvinder Kaur : SGND Khalsa College, skb_1408@yahoo.in (9873270727) Dr. Usha Gupta : Bhim Rao Ambedkar College, usha.bishan@gmail.com (9810205675) Isha Gupta : Gargi College, isha.gupta106@gmail.com (9910083874) Ankita Gulati :SGTBKhalsa, aankita.g@rediffmail.com(9953177327) Manisha Rao :SGGSCC, manisharao31@gmail.com(9818496493) The members discussed in detail the readings to be followed in teaching the Course during 2012. It was recommended that all readings as specified in the Syllabus would be followed and that relevant Appendices of Blanchard (2006) should be used to supplement the text. In addition, the following is to be noted for Units I and II : Unit I Students should refer to Chapter 2 of Macroeconomics, Schaum Series for numerical exercises. Unit II Students should be made familiar with the term Crowding Out. Weightage of different topics would be as follows: Unit I : 8 marks Unit II : 17 marks Unit III: 20 marks Unit IV : 20 marks Unit V : 10 marks Total 75

Notes: 1. The teachers /Students are expected to do chapter end exercises of the recommended texts. 2. The paper setter/examiners are also advised to follow these guidelines.

1.8.2012

Minutes of the Meeting (Industrial Economics)

A meeting of the colleges teachers teaching B.A.(H) Business Economics Paper Industrial Economics was held on 1.8.2012 at 2.00 p.m. in the Department of Business Economics,UDSC

Following members were present in the meeting: 1. 2. 3. 4. 5. 6. 7. Sultan Singh Nuaheen Nizami Uma Manisha Rao Garima Babbar Sanchita Dhingra Yamini Gupt :MAC,sultangodara@gmail.com, (9999733652) :Gargi College,nausheenn1@yahoo.com(9717163551) :Lakshmibai college,UmaKarmwar@gmail.com(9312286144) SGGSCC,manisharao31@gmail.com(9818496493) :SGNDKhalsa,garima.babbar89@gmail.com(9818410454) SGTB Khalsa,Sanchita.dhingra@gmail.com(9999902790) Dept. of Business Eco.,ygupt@mbe-du.org.(9810374872)

The following decisions were taken in the meeting: s.no. Weightage 1 10% 2 3 Topic Unit-1 SCP 10% Unit-2 Market Concentration 15% Unit-3 Barriers to Entry. Addition as it is as it is / / / Delete no change no change

25%

Unit-4 Vertical Integration Merger FDI

1)Roser Clark (same reading) 2) Chap-15(15.2)Cabral(same) 3) Chap-14(Cabral) Deleted 4)Page no.-163-169 deleted from Roser Clark 1)Roser Clark(same reading) 2) Chapter 11(Cabral)deleted 3) Chap-15.3(Cabral) still to search the appropriate reading 4) Chap-3(Cabral) Firm deleted

Conglomerate Diversification 5 15% Unit- 5 Technical Progress & Performance

Roser Clark (same reading) 1).Roger Clark (same reading) 2).Chap- 16(Cabral) 3).Chap-2(Page- 24-29)Cabral

It was decided in the meeting to search a replacement for Nagesh Kumars FDI topic in Unit-4. It was also decided that the moderation Committee should keep in mind the weightage of the units and accordingly the Question Paper should be finalized. This same should apply to the paper setter also. Question Paper Pattern As we were following earlier Question no-1will be compulsory & that will be total eight Questions out of which students have to attempt five including the Compulsory Question. Main Reading 1. Industrial Economics-- Roger Clark 2. Industrial Economics--Luis M.Cabral Supplementary Reading 1. Stephen Martin, Industrial Economics 2. Fergusen and Fergusen, Industrial Economics 3. Giles Burgess, Industrial Organization 4. Stephen Martin, Advanced Industrial Economics

1.8.2012

Minutes of the Meeting (Business Finance)

A meeting of the colleges teachers teaching B.A.(H) Business Economics Paper Business Finance was held on 1.8.2012 at 3.00 p.m. in the Committee room of the Department of Business Economics.

Following members were present in the meeting: Pratibha Rai Monica Aggarwal Pritika Dua Sunita chaki Jasmit Kaur Maharaja Agrasen College,rai.pratibha@gmail.com(9873818827) Ramlal Anand College(EVE),monica11a@rediffmail.com SGTB Khalsa College, pritikadua@gmail.com(9540854851) BRAC,suneetachaki@gmail.com(9810446649) SGGSCC,Jasmit_kaur@yahoo.com

The following decisions were taken:1. It was decided that in Unit 1only nature, scope &objectives of F.M. should be discussed and hence No. of lecture should be reduced from 8 to 4& weightage from 10 to 5. 2. Time value of money, mathematics of finance & concept of risk & return are to be taught in Unit no.2 as these concepts are relevant to Discounted C.F. techniques No. of lectures are to be increased to 19 from 15 and weightage should be 25. 3. In Unit no.5 the sources of finance should include commercial paper, factoring Discounting of bills and non convertible debentures. 4. As objective of this paper is to provide basic concept of business finance, it was decided that lease evaluation and financial evaluation of mergers & acquisition be deemed as excluded- Unit 5

5. Suggestions for revision of Course It was felt that this course on business finance is incomplete without a unit on Working Capital. It is therefore suggested that Unit 5 be captioned as working capital management and include different aspect of Working Capital such as cash Mgmt., Inventory management & receivables mgmt. It should be followed by a discussion on sources of working capital, which should include, besides the existing sources. Commercial paper, factoring & non convertible debentures. It was felt that Unit 5(ii)&Unit 5(iii) be eliminated from this course as this paper is introductory paper for business finance and the topics are of advanced nature. It is requested that these suggestions be accepted at the time of revision of the course.

Paper 303 Business Finance Objective: The course aims to provide basic concepts and knowledge with regard to business finance and its decisions. UNIT 1 INTRODUCTION Time value of money and mathematics of finance. Concept of Risk and return. UNIT 2 INVESTMENT DECISION Capita budgeting process: Estimation of Relevant cash flows, Non-discounted and cash flow techniques- Pay back, ARP,NPV, IRR and Profitable index Nature , scope and objectives of financial management. UNIT 3 COST OF CAPITAL AND FINANCE DECISION Cost of Capital and Financing Decision: Estimation of cost of capital; Equity capital and external &internal retained earnings , Debt and Preference Capital, Weighted average cost of capital (WACC) and marginal cost of capital. Capital structure theories -. Factors determining capital structure. UNIT 4: DIVIDEND DECISION Relationship between dividend and corporate valuation - Walter model, Gordon Modeland MM hypothesis. Determinants of dividend policy.

UNIT 5: (i) W.C.Maurya

Short term sources: advances from commercial banks, public deposits, advances from customers and trade creditors. Long term sources: shares, debentures and long term loans etc. (i) Lease Financing concept of leasing. Types of lease agreements. Difference between hire purchase and lease financing. Advantages and disadvantages of leasing. (ii) Mergers and Acquisitions Reasons for mergers and acquisitions. Types of mergers. Financial considerations in mergers and acquisitions. Financial evaluation of mergers and acquisitions. Benefits and costs of mergers.

Suggested Readings: J.C. Van Horne, Financial Management and Policy, Prentice Hall of India. H. Levy and M. Sarnat, Principles of Financial Management, Engelwood Cliffs,Prentice Hall. M. Y Khan. and P. K Jain., Financial Management, Text and Problems, TataMcGraw Hill New Delhi. R. S. Kulshrestha, Financial Management, Sahitya Bhawan,Publishers and Distributors. R. P. Rastogi, Fundamentals of Financial Management, Galgotia Publications,New Delhi. I. M. Pandey, Financial Management, Vikas Publishing House (P) Ltd. V.K. Bhalla, Financial Management & Policy, Anmol Publications, Delhi Prasanna Chandra, Financial Management-Theory and Practice, Tata McGraw Hill. V. Sharan, Fundamentals of Financial Management, Pearson Education, India. J. K Singh, Financial Management Text and Problems, Dhanpat Rai and Company, Delhi. Dr. S.N. Maheshwari, Financial Management, principles and practice, Sultan Chand and Sons, New Delhi. R.P. Rustagi, Fianacial Management, theory, concepts and problems, Galgotia publishing company, New Delhi.

1.8.2012

Minutes of the Meeting (Basic Econometric)

A meeting of the colleges teachers teaching B.A.(H) Paper Basic Econometric was held on 1.8.2012 at 3.00 p.m. in the Computer Lab in the Department of Business Economics.

Following members were present in the meeting: Nausheen Nizami Kittu Kapoor :Gargi College,nausheenn1@yahoo.com(9717163551) :SGTB Khalsa College, Kittu_Kapoor_saral@yahoo.com (9818865949) :SGND Khalsa College,garima.babbar89@gmail.com (9818410454) :SGGSCC, hellofrmneha@yahoo.com(9818161906)

Garima Babbar

Neha Mathur

The following decisions were taken in the meeting: Weightage: Unit 1 Unit 2&3 Unit 4&5 15 marks 45 marks 15 marks

Unit 1 A) Main Reading: a) Applied Statistic by Karmel & Polaski b) Appendix AStatistical ConceptGujaratiBasic Econometrics. B) X2 & F testsdefinition & property without proof C) Basic formulas & simple numerical on X2 & F test-also. D). Numerical on t & Z test only.

Unit 2&3: Ch 1 to 8 Excluding ch 6 of Gujarati :Basic Econometrics, IV Ed. Excluding App 4A App 5A.1& 5A.4 App 7A.4& 7A.5 App 8

Unit 4&5: Ch 6 & Ch 9 of Gujarati, Ed IV excluding Appendix 9A. Supplementary Readings: Ramu Ramanathanfor dummy variables Dougherty for Introductory section