Name: Note for Engineering Economics - EE By Joseph Noel
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Author: Joseph Noel

Utility, value, wealth, consumption, wants necessaries, comforts and luxuries, Laws of demand, elasticity of demand

Unit 1

Production, agents of production, laws of returns, forms of business organization, single trader, partnership and public limited company

Unit 2

price determination in perfect competition, monopoly and imperfect competition, rent, interest, money, cheques, bills of exchange

Costing, cost concepts, elements of cost, Methods of distribution of overhead costs, unit costing, Job costing and process costing

Break-Even analysis, Depreciation methods, Preparation of profit and loss account and balance sheet