Engineering Economics & Accountancy by Rishi Bhargav Das and Dr. Jagat Jyoti Barua is a comprehensive and practice-oriented textbook tailored to the latest syllabus prescribed by the Directorate of Technical Education (DTE) for diploma and technical courses. The book equips engineering students with essential knowledge of economic principles and accounting practices necessary for effective decision-making in technical and industrial environments.

The text combines economics, finance, costing, and accounting fundamentals to bridge the gap between engineering and management. Written in simple, student-friendly language, it helps learners develop an understanding of how economic feasibility, costing, budgeting, and financial statements influence engineering decisions and project planning.

Chapter 1: Introduction to Economics

• Definitions & nature of economics

• Microeconomics vs. macroeconomics

• Utility concepts (Cardinal & Ordinal)

• Law of Diminishing Marginal Utility

• Value, exchange, and the Water–Diamond Paradox

• National Income: concepts, measurement, APS, MPC

• E-commerce: meaning, benefits, and issues

Chapter 2: Demand and Supply

• Demand meaning & types

• Demand function

• Elasticity of demand

• Law of demand & exceptions

• Market demand

• Supply, determinants, and elasticity

• Individual & market supply curves

Chapter 3: Production

• Factors of production

• Labour efficiency

• Capital formation

• Localization of industries

• Large-scale & small-scale industries (with special reference to Assam)

• Economies of scale & scope

• Industrial prospects in Assam

Chapter 4: Money

• Nature and evolution of money

• Qualities of good money

• Money supply measures

• Gresham’s Law

• Types and functions of money

• Value of money & changes in value

Chapter 5: Banking Organisations

• Banking system overview

• Central Bank: functions, credit control

• Commercial banks: origin, functions

• Internet banking: features & advantages

Chapter 6: Market

• Meaning & types of market

• Perfect competition, monopoly, oligopoly, monopolistic competition

• Pricing policies

• Price-setting & price discrimination

• Market strategies

Each chapter ends with Questions for Review to reinforce learning.

? PART B – Accountancy (Chapters 7–12)

Provides essential knowledge for understanding, recording, and analyzing financial transactions.

Chapter 7(A): Introduction to Bookkeeping & Accountancy

• Concepts of accounting

• Objectives and functions

• Types of accounts

Chapter 7(B): Computerized Accounting System

• Basics of digital accounting

• Advantages of computerized systems

Chapter 8: Transactions

• Journal entries

• Recording rules

Chapter 9: Journal and Ledger

• Posting entries

• Balancing accounts

Chapter 10: Cash Book

• Single, double, and three-column cash books

• Petty cash book

Chapter 11: Trial Balance & Errors in Accounting

• Methods of preparing trial balance

• Types of accounting errors

Chapter 12: Preparation of Final Accounts

• Trading Account

• Profit & Loss Account

• Balance Sheet