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EEB-P13BM 2013-15: Term-III

Course Name : Economic Environment of BusinessCredits 03

Faculty Name Prof.S.P.Das

Program PGDM

Academic Year and Term 2013 15, Term III

1. Course Description

The economic environment of an economy is characterized by interacting amongsystems, firms, the Government and other market forces both domestic and international.Economic decisions in general and strategies in particular are moulded by the EconomicEnvironment. Those external factors like the economic, political / regulator, social,technological and natural factors which make-up the opportunities for and threats tobusiness and internal factors like resources. A thorough understanding of the Economicenvironment therefore is a pre-requisite for making any strategic decision. Indeedformulation 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 insolving 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 studentsfrom 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

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Session No. Topics/Activities Reading/case list etc.

1-2 Broad Profile of the Indian Economy & theMacro Economic Scenario

Broad Profile of the Indian Economy & theMacro Economic Scenario

3-4 Economic Reforms and Liberalisation Economic Reforms and LiberalisationEconomic Systems : Market, EconomicPlanning & Controls

5-6 Globalisation & its impact on Indian

Economy

Globalisation & its impact on Indian

Economy7-8 Export Import Policy & Trade Liberalisation Export Import Policy & Trade Liberalisation

9-10 Public & Private Sector in Indian Economy Public Sector in Indian EconomyPrivate Sector in Indian Economy

11 Privatisation & Disinvestment Privatisation & Disinvestment

12-13 Foreign Investment, Technology &Multinational Corporations

International Investment

14-15 WTO & Indian Economy GATT/WTO and Global EconomicLiberalisation

16-17 Indian Business Environment Changing Business Environment of India

18-19 Union Budget and Taxation Presentations on Union Budget2012-13

20 Indian Economy/Business in the 21stCentury

Cases:

South East Asian Economic Crisis

Different for Gamble

Mickinseys Agenda for Indias

Economic Reform

5. Evaluation: Quizzes (2) - 20%

Midterm - 30%

End-term - 40%

Assignment - 10%

6. Academic Integrity : Any kind of academic dishonesty viz. exchange of remarks, notes,gestures or glances at another students paper in the examination hall will lead to disciplinary

action against the person involved in such dishonest activities. The volume of disciplinaryaction depends on the gravity of the offence.

Created By: Debasis Mohantyon 12/11/2013at 11:07 AM

Category:PGDM-I Doctype: Document

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B-P13 http://www1.ximb.ac.in/users/Off/Dean/DoDox2.nsf/1ba02e5ee0ba98...

2 12/13/2013 3:28 PM