SLIATE HNDIT Econ LMS

HNDIT2303: Fundamentals of Management and Economics

Module Data

Module Code

Module code	HNDIT 23032	Module Title	Fundamentals of Management and Economics
Credits	2	Hours/Week	Lectures	15
GPA/NGPA	GPA		Lab/Tutorial	30
Semester	S3	Module Type	Core compulsory

Module Aims & objectives

• Enrich the students with fundamental knowledge required for managerial decision making and principle of economics
• To enhance the student’s awareness, and knowledge about the understanding of basic micro and macro-economic issues in real world

Learning Outcomes

At the end of the module the student will be able to:

• Understanding organizational environment and functions of management
• Identify the skills needed by managers and managerial roles
• Understanding basic economic principles applied in in real worldAssessment and Weighting

Outline Syllabus

1. Introduction to Management
2. Introduction to Organization and Organization Environment
3. Managerial Decision Making Process
4. Function of Management - Planning
5. Function of Management - Organizing
6. Function of Management - Staffing (Motivation, Leadership and Communication)
7. Function of Management - Controlling
8. Introduction to Economics (Scarcity, Basic economics questions, different Markets Structures)
9. Demand, Supply and Market Equilibrium
10. National Income
11. Un- employment, underemployment
12. Inflation

1. 
   

Assessment and Weighting

Type	Activity	Weighting
Continuous Assessment	In-class participation and activities Tutorials and assignments	50%
End of semester examination	Final structured question paper	50%

Recommended Teaching/Learning Activities

Primary mode – classroom based teaching supported by group work, discussions and tutorial assignments

Self directed learning through take-home assignments and reading

Resources: Equipment, Tools and Materials

No special requirements

Prescribed Text

Management (6th edition), By James A.F. Stoner & R. Edward Freeman, ISBN: 81-297-0252-5, Prentice Hall

Economics (10^th edition), By Lipsey & Chrystal ISBN: 0-1956-6902-1, Oxford University Press

Lesson Topic	Teaching and Learning Methods	Objectives	Outcome Addressed	Time duration	Assessment method
Introduction to Management	Lecturing In-class discussions, group work	What is management? Management as a process Management is an Art or a Science? Core concepts of management Why management? Who is a Manager? Managerial roles	Intellectual skills	1 Hours Lecturing 2 Hours Tutorial	SEQ
Introduction to Organization and Organization Environment	Lecturing In-class discussions, group work	What is an organization? What is a business organization? Classification of business organizations Organizational Environment SWOT Analysis in Organizational Environment Corporate Social Responsibility Stakeholders of an Organization	Intellectual skills	1 Hour Lecturing 2 Hours Tutorial	SEQ Assignment
Managerial Decision Making and Problem Solving	Lecturing In-class discussions, group work	Decision and decision making Decision making conditions Information for decision making Decision making models	Intellectual skills	2 Hours Lecturing 2 Hours Tutorial	SEQ
Function of Management - Planning	Lecturing	What is planning? What is a corporate plan Vision, Mission, Objectives and Goals SWOT analysis	Intellectual skills	1 Hour Lecturing 2 Hours Tutorial	SEQ MCQ
Function of Management - Organizing	Lecturing	Organization as managerial function Organizational structure and chart Groups, Teams and Committees	Intellectual skills	1 Hour Lecturing 2 Hours Tutorial	SEQ
Function of Management - Staffing	Lecturing	Staffing as managerial function Leader vs. managers Leadership theories	Intellectual skills	1 Hour Lecturing 1 Hours Tutorial	SEQ
Function of Management - Controlling	Lecturing	Control as managerial function Importance of controlling Process of controlling	Intellectual skills	1 Hour Lecturing 1 Hours Tutorial	SEQ
Introducing Economics (Scarcity, Markets, Functions and Equilibrium)	Lecturing	Definition of Economics The Economic Problem Factors of production Scarcity, choice and Opportunity Cost	Intellectual skills	2 Hours Lecturing 4 Hours Tutorial	SEQ
Demand, Supply and Market Equilibrium	Lecturing	Demand theory Supply theory Market Equilibrium	Intellectual skills	2 Hours Lecturing 4 Hours Tutorial	SEQ
10.National Income	Lecturing	Define and importance of calculation of national Income Method of calculations	Intellectual skills	2 Hours Lecturing 4 Hours Tutorial	SEQ Assignment
11.Un- employment, underemployment	Lecturing	Define Unemployment and Underemployment Differentiate between Unemployment and Underemployment Reason for Unemployment and Underemployment How to overcome Unemployment and Underemployment	Intellectual skills	1 Hour Lecturing 2 Hours Tutorial	SEQ
12. Inflation	Lecturing	Define Inflation Forces for inflation	Intellectual skills	1 Hour Lecturing 2 Hours Tutorial	SEQ

Assignment Report format

1^st Page-

Cover page

• Topic for Assignment
• Picture (Not necessary)
• Course Name
• Name of subject & Subject code
• Academic year & semester
• Your Name as per Attendance Sheet (If it is a group Assignment names of group members & Registration numbers should be included in 2^nd page)
• Your registration no.

2nd Page

Preface (Not necessary)

3rd Page

Content with page numbers

Next Pages

• Theoretical Background of the assignment (No. of pages depend On the assignment)
• Practical Part-data gathering, analyzing and evaluation

Assignment (No. of pages depend on the assignment)

• Conclusion Suggestions Recommendation
• References

Thanking

Fundamentals of Management and Economics 

Contents

1. What is management?
2. Management as a process
3. Management is an Art or a Science?
4. Core concepts of management
5. Why management?
6. Who is a Manager?
7. Managerial roles

Push To Download

https://drive.google.com/drive/folders/1Mt7QysuTqq3cCJLjxpcinv08gCny5laO?usp=sharing