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QUANTITATIVE METHODS

(MSMS/MBA/107)
Learning Objectives: Aim is to strengthen candidates ability to Use mathematical methods and formulae to obtain analytical information (accurate figures and quantitative data) which is used for decision making. Understand exactly when the quantitative approach may be applied. Work with numbers efficiently. Develop estimates and forecasts. Unit-I: Basic Mathematical Concepts Some Basic Formulae, Number system, Permutation and combination, Binomial Theorem, Basis of set theory, Linear and quadratic equations, Logarithms, Ratio and Proportion, Simple and Compound interest, Annual percentage rate. Unit-II: Calculus Functions Limits and Continuity Derivatives Differentiation of logarithmic and exponential functions First and higher order derivatives and their uses Maxima and minima Effect of taxation and subsidy on monopoly Integration, Application of integration in economics Customers and Producers Surplus Unit-III: Introduction to Statistics Presentation of data Seriation Tabulation Guidelines for constructing tables Diagrammatic presentation of Data Types of diagrams Pie chart Time series graph Collection of data Measure of central Tendency Arithmetic Mean (average) Median, Mode, Geometric mean, Harmonic mean

Unit-IV: Correlation, Regression, Index number and time series analysis Correlation Regression Coefficient of regression Index number Characteristics of index numbers Uses of index numbers

Unit-V: Probability Theory Classical definition, Addition and multiplication Rule of probability, General theorem of probability, Discrete probability distribution: Poissons Distribution, Normal distribution.

BUSINESS ORIENTED CUMPUTER APPLICATIONS


(MSMS/MBA/108)
Learning Outcomes: At the end of the course students should be able to: Explain concepts in computer science and applications Use Database Management Systems specifically MS Access with a degree of comfort Handle spreadsheet applications like Excel Use Excel as a statistical tool and interpret results

Syllabus Contents
Unit-I: Introduction to computers Evolution; Types of computers Computer Hardware CPU, Input Output, Memory, Storage Computer Software Operating System Unit-II: Introduction to Utilities Word Processors, Spreadsheets, Charts and Presentations, Accounting and Project Management Software, ERP Unit-III: Database Management System Information Systems Need for DBMS DBMS Concepts Data Organization Database Software Unit-IV: Microsoft Access Introduction Queries Forms Development Reports and Labels Unit-V: Spreadsheet Applications Microsoft Excel Introduction Simple data entry Data organization in Excel work book and work sheets Formula Definition and Usage Macros Statistical applications with Excel Charts and Graphs

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