Md. Abdullah Al Mamun
Associate Professor
Department of Textile Engineering
Faculty of Engineering
Daffodil International University
Cell : +88 017 111 972 11
Email : mamun@daffodilvarsity.edu.bd
Faculty Website : https://faculty.daffodilvarsity.edu.bd/profile/te/mamun.html
General Course Description :
Course Title: Economics for Textile Engineers
Course Code: HUM 333/221
Credit Hours: 3 (Theory, 3 contact hours per week)
Prerequisite: None
Course Level: Level 3 Term 1
Course Objectives:
- After completion of the course you will have an idea about the
global textile economy.
- They will learn about the leading
exporters and importers of textile raw materials, products and machineries.
- The detail ideas of textile
sector of Bangladesh with emphasis on its competitor countries will be gained
through this course.
- The course will equip students about the current and future trend of
textile product exported from Bangladesh.
- They will also learn about SWOT
of textile sector of Bangladesh.
Other Skills Development
- English communication skills.
Chapter-1:
Basic Economics : Importance
of textile economics, Scope of economics in Textile and apparel sector of
Bangladesh, Economic cycle, Microeconomics
and Macroeconomics in term of textile sector, Textile economic system, Cost
concept: Total cost, average cost, marginal cost, fixed cost and variable cost.
Chapter-2:
Concept of Demand and Supply : Demand and supply, time and supply, equilibrium,
elasticity of demand, elasticity of supply. Market: monopoly and monopsony.
Chapter-3: Export and Import of Raw Material : Leading
exporters and importers of cotton, jute, wool, flax, silk, polyester and nylon
etc. Global
production and consumption of textile fibers with reference to volumes, prices
and countries. Global Apparel Consumption.
Chapter-4: Export and Import of Yarn, Fabric
& Machinery : Study
on local and imported yarns. A detailed account of various types of fabrics
produced in Bangladesh. Present and future demand of woven and knitted fabrics
for export oriented RMG. Economics
of textile wet processes; dyeing, finishing and printing industries in
Bangladesh. Dyes and chemical producing companies at home and abroad. Leading
textile machineries producing countries. Global market of ready made garment of
Bangladesh. Problems and prospects of various textile sub sectors; knit, woven
and sweater etc.
Chapter-5: Bangladesh Budget on Textile
issues : Analysis
of Bangladesh Budget, Textile budgets of neighboring and competitor countries.
Chapter-6:
Textile Market, Current & Future Trend : Current
and future trend of textile and apparel sector of Bangladesh. Global
textile market of Bangladesh. Comparative study of export and import of textile
and apparel to Europe, America, UK, Australia, India, China etc.