Mineral Economics detailed Syllabus for Mining Engineering (Mining), 2018 scheme has been taken from the VTUs official website and presented for the VTU students. For Course Code, Subject Names, Teaching Department, Paper Setting Board, Theory Lectures, Tutorial, Practical/Drawing, Duration in Hours, CIE Marks, Total Marks, Credits and other information, visit full semester subjects post given below. The Syllabus PDF files can also be downloaded from the official website of the university.
For all the other VTU Mining 7th Sem Syllabus for BE 2018 Scheme, visit Mining Engineering 7th Sem 2018 Scheme.
For all the (Professional Elective-3) subjects refer to Professional Elective-3 Scheme. The detail syllabus for mineral economics is as follows.
Course Learning Objectives:
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Module-1
Introduction: Economic importance of mineral industry, special features of mineral industry, demand and supply analysis, National Mineral Policy. Mineral Price and Pricing: International Monetary system, Factors affecting mineral price, Kinds of price quotation, Mineral Price Index, Mineral Price.
Module-2
Sampling: Definition, purpose, scope, common methods of sampling, types of samples, errors in sampling. Estimation of reserves: Classification of reserves, tenor, grade. Preparation of assay plans, various methods of ore reserve estimation and problems on ore reserves
Module-3
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Module-4
Financial Management: Methods of financing industrial enterprises, structure, formation and capitalization. Sources of finance. Principles of book keeping as applied to mining industry and accountancy. Balance sheet, profit and loss accounts.
Module-5
Cost Accounting: Introduction, need for cost accounting, elements of cost, overheads, allocation of over heads, breakeven analysis. Budget and Budgetary control: Definition of budget, Principle of budget and budgetary control, types of budgets.
Course Outcomes:
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Question Paper Pattern:
- The question paper will have ten full questions carrying equal marks.
- Each full question will be for 20 marks.
- There will be two full questions (with a maximum of four sub- questions) from each module.
- Each full question will have sub- question covering all the topics under a module.
- The students will have to answer five full questions, selecting one full question from each module.
Text Books:
- Mineral and Mine Economics R.T. Deshmukh, Myra Publications, Nagpur, 1986.
- Mineral Economics N. L. Sharma and Sinha Oxford and IBH, 1992.
Reference Books:
For the complete Syllabus, results, class timetable, and many other features kindly download the iStudy App
It is a lightweight, easy to use, no images, and no pdfs platform to make students’s lives easier..
For the detail Syllabus of all other subjects of BE (Mining) 7th Sem, visit Mining Engineering 7th Sem Subjects.
For all (CBSE & Non-CBSC) BE/B.Tech results, visit VTU BE/B.Tech all semester results.