INDUSTRIAL ECONOMY AND ACCOUNTING (2 Credits)

Learning Outcomes :

On successful completion of this course, student will be able to: Explain the concepts and theories in industrial economy and accounting; Identify the problems and methods in industrial economy and accounting; Utilize the methods of industrial economy and accounting to solve the problems; Produce an analysis and propose suggestion related to financial accounting to describe company condition’s

Topics :

Market Forces: Demand and Supply; Quantitative Demand Analysis; The Production Process and Cost; The Nature of Industry; Pricing Strategies for Firms with Market Power; Accounting: Information for Decision Making; Financial Reporting and Analysis; Understanding Income Statement; Inventories and The Cost of Goods Sold; Understanding Balance Sheet; Understanding Cash Flow Statements; Financial Analysis Technique