SYLLABUS
OUTLINE FOR
B.A.
ECONOMICS [HONS.]
|
Semester I ECN – CC1: Micro
Economics I ECN – CC2: Money and Banking ECN – GE1: Elective
Course ECN – AEC1: (Language
Paper) |
Semester II ECN – CC3: Macro Economics I ECN – CC4 Indian Economics ECN – GE2: Elective
Course ECN – AEC2: (Language
Paper) |
|
Semester III ECN – CC5: Micro Economics II ECN – CC6: Statistical
Methods in Economics ECN – CC7: Macro
Economics II ECN – GE3: Elective
Course ECN – SEC1: Financial
Economics |
Semester IV ECN – CC8: Mathematical
Methods for Economics ECN – CC9: International
Economics ECN – CC10: Economic
Dev.& Policies in India ECN – GE4: Elective
Course ECN – SEC2: Data Analysis |
|
Semester V ECN – CC11: Growth and Development ECN – CC12: History of Economic Thought ECN – DSE1: Optional Paper I ECN – DSE2: Optional Paper II |
Semester VI ECN – CC13: Public
Finance ECN – CC14: Environmental Economics ECN – DSE3: Optional Paper III ECN – DSE4: Optional Paper IV |
Students
will opt for any one of the following groups as DSE Paper
(OPTIONAL
PAPERS) Discipline Specific Elective (DSE)
GROUP A: Mathematical
Economics (DSE – I & III) and Econometrics (DSE – II & IV).
GROUP B: Agricultural
Economics (DSE – I & III) and Demography (DSE – II & IV).
GROUP C: Industrial Economics (DSE – I & III) and Financial Institutions (DSE – II & IV).
Outline of Choice Based Credit System:
1. Core Course: A course, which should compulsorily
be studied by a candidate as a core requirement is termed as a Core course.
2. Elective Course: Generally a course which
can be chosen from a pool of courses and which may be very specific or
specialized or advanced or supportive to the discipline/ subject of study or
which provides an extended scope or which enables an exposure to some other
discipline/subject/domain or nurtures the candidate’s proficiency/skill is
called an Elective Course.
2.1 Discipline Specific Elective (DSE)
Course: Elective courses may be offered by the main discipline/subject of
study is referred to as Discipline Specific Elective. The University/Institute
may also offer discipline related Elective courses of interdisciplinary nature
(to be offered by main discipline/subject of study).
2.2 Dissertation/Project: An
elective course designed to acquire special/advanced knowledge, such as
supplement study/support study to a project work, and a candidate studies such
a course on his own with an advisory support by a teacher/faculty member is
called dissertation/project.
2.3 Generic Elective (GE) Course:
An elective course chosen generally from an unrelated discipline/subject, with
an intention to seek exposure is called a Generic Elective.
P.S.: A core course offered in a discipline/subject
may be treated as an elective by other discipline/subject and vice versa and
such electives may also be referred to as Generic Elective.
3. Ability Enhancement Courses (AEC): The
Ability Enhancement (AE) Courses may be of two kinds: Ability Enhancement
Compulsory Courses (AECC) and Skill Enhancement Courses (SEC). “AECC” courses
are the courses based upon the content that leads to Knowledge enhancement; i.
Environmental Science and ii. English/MIL Communication.
These are mandatory for all disciplines.
SEC courses are value-based and/or skill-based and are aimed at providing
hands-on-training, competencies, skills, etc.
3.1 Ability Enhancement Compulsory Courses
(AECC): Environmental Science, EnglishCommunication/MIL Communication.
3.2
Skill Enhancement Courses (SEC): These courses may be chosen from a pool of
courses designed to provide value-based and/or skill-based knowledge.
Introducing Research Component in
Under-Graduate Courses
Project work/Dissertation is considered as a special course involving application of knowledge in solving / analyzing /exploring a real life situation / difficult problem. A Project/Dissertation work would be of 6 credits. A Project/Dissertation work may be given in lieu of a discipline specific elective paper.
Semester
I
ECN: CC - I Micro Economics – I
Full Marks - 80 Time - 3 Hrs
Candidates will have to answer four questions out of total of eight questions. Question no. 1 will be compulsory, comprising 5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit I: Introduction
1.1:
Subject Matter of Economics
1.2:
Nature and Scope of Economics: Micro and macro Economics; Positive and
Normative Economics; Dynamic and Comparative Static Economics.
1.3:
Methodology in Economics: Deductive and Inductive Methods.
1.4: Central Economic
Problems: Scarcity and Choice; Production Possibility Frontier [PPF].
Unit 2: Consumer Behaviour and Demand
2.1:
Cardinal Utility Analysis: Total and marginal Utility; Law of Diminishing
Marginal Utility; Law of Equi-Marginal Utility; Consumer’s Equilibrium.
2.2:
Ordinal Utility Analysis: Indifference Curves; Budget Constraints; Consumer’s
Equilibrium.
2.3:
Price Effect: Substitution Effect [Hicks and Slutsky]; Income Effect.
2.4:
Income Consumption Curve [ICC} and Price Consumption Curve [PCC}; Normal, Inferior
and Giffen Goods.
2.5:
Consumer’s Surplus: Marshall and Hicks.
2.6:
Theory of Demand: Derivation of Demand Curve under Cardinal and Ordinal
Theories; Law of Demand; Factors Influencing Demand; Changes in Demand and
Engels’ Curve; Elasticity of Demand; Price; Income and Cross Elasticities.
Unit 3: Theory of Production
3.1:
Production Function: Short Run and Long Run.
3.2:
Low of Variable Proportions;
3.3:
Returns to Scale: Economies of Scale.
3.4:
Cobb-Douglas Production Function: It’s Properties.
3.5:
Isoquant Analysis; Iso-Cost Line; Producer’s Equilibrium; Production Decision
and Expansion Path.
Unit 4: Theory of Costs and Revenue
4.1:
Concepts of Costs and their inter-relationship: Short Run and Long Run.
4.2: Concepts of Revenue and their inter-relationship; Break-Even Analysis.
Semester I
ECN:
CC - II
Money
and Banking
Full Marks - 80 Time - 3 Hrs
Candidates will have to answer four questions out of total of eight questions. Question no. 1 will be compulsory, comprising 5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Money
1.1:
Money: Meaning and Function: Role of Money in Capitalistic, Socialistic and
Mixed Economies.
1.2:
Quantity Theory of Money: Cash Transactions Approach and Cash Balance Approach.
1.3: Keynesian Theory of
Money and Prices.
Unit 2: Central Banking
2.1:
Objectives, Functions and Limitations of Central Bank with reference of RBI.
2.2:
Supply of Money: Concept, Components and Aggregates; Money Multiplier.
2.3:
Quantitative and Qualitative Methods of Credit Control.
2.4:
Objectives, Functions and Limitations of Money Market: Developed and Developing
with special reference to India.
Unit 3: Commercial Banking
3.1:
Meaning, Types, Functions and Principles of Commercial Banks.
3.2:
Structure and Balance Sheet of a Commercial Bank; Assets and Liabilities.
3.3:
Process of Credit Creation.
3.4:
Commercial Banking in India: Evaluation of Banking Sector since Independence;
Critical Appraisal of Commercial Banking after Nationalization; Recent Banking
Reforms.
Unit 4: Financial Markets
4.1:
Banking System; Bond Market; Foreign Exchange Market; Equity Market – Concepts.
4.2:
Introduction to the Concept of Derivatives.
4.3: Futures; Options; Call/Put.
Semester I
ECN:
GE – I
An
Elective Course will be chosen by the students from an unrelated discipline/
subject. Student will opt a core paper/subject other than economics being thought
in the college, such as
1. Mathematics
2. Statistics
3. History
4. Political science
5. Psychology/ Geography
6. English/Hindi
7. Anthropology/Sociology
Or any other paper.
ECN – AEC1
Student
may opt any language paper such as:
Hindi/Bangali/English/Alternative
English/Sanskrit/Regional Language
Semester
II
ECN:
CC – III
Core Economics III: Principles of
Macroeconomics–I
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Course Description
This
course introduces students to the basic concepts in Macroeconomics.
Macroeconomics deals with the aggregate economy. In this course the students
are introduced to the definition, measurement of the macroeconomic variables
like GDP, consumption, savings, investment and balance of payments. The course
also discusses various theories of determining GDP in the short run.
1. Introduction
What
is macroeconomics? Macroeconomic issues in an economy.
2. National Income
Accounting
Concepts
of GDP and National Income; measurement of national income and related aggregates;
nominal and real income; limitations of the GDP concept.
3. Determination
of GDP
Actual
and potential GDP; aggregate expenditure; consumption function; investment function;
equilibrium GDP; concepts of MPS, APS, MPC, APC; autonomous expenditure; Concept
of multiplier.
4. National Income
Determination in an Open Economy with Government
Fiscal Policy: impact of changes in
government expenditure and taxes; net exports function; net exports and
equilibrium national income.
5.
Money in a Modern Economy
Concept of money in a modern
economy; monetary aggregates; demand for money; quantity theory of money;
liquidity preference and rate of interest; money supply and credit creation;
monetary policy.
Readings:
1.
Case, Karl E. & Ray C. Fair, Principles of Economics, Pearson
Education, Inc.,
8th edition, 2007.
2. Sikdar, Shoumyen, Principles
of Macroeconomics, 2nd Edition, Oxford University
Press, India
Semester II
ECN:
CC – IV
Indian Economics
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total of
eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Structure of Indian Economy
1.1:
Basic Features of Indian Economy
1.2:
Natural Resources: Land, Water and Forest Resources.
1.3:
Broad Demographic Features: Population Size, Structure [Sex and Age];
Characteristics; Change in Population; Rural-Urban Migration; Occupational
Distribution; Problem of Over-Population; Population Policy.
Unit 2: Problems and Planning in
India
2.1:
Poverty and Inequality;
2.2:
Problem of Unemployment;
2.3:
Problem of Rising Prices;
2.4:
Objectives, Strategy, Achievements and Failures of Planning in India; Analysis
of Current Five Year plan.
2.5:
New Economic Reforms: Liberalization, Privatization, Globalization and its
progress.
Unit 3: Agriculture and Industry
3.1:
Nature and Importance of Agriculture: Trends in Agricultural Production and
Productivity; Factors Affecting Productivity.
3.2:
Land Reforms.
3.3:
New Agricultural Strategy, Green Revolution and Agricultural Reforms after
1991.
3.4:
Rural Credit and Agricultural Marketing.
3.5:
Industrial Policies of 1948, 1956 and 1991.
3.6:
Large Scale Industries: Present Position and Problems of Sugar, Iron and Steel,
Jute and Cotton Textile Industries.
3.7: Cottage and Small
Scale Industries: Growth, Importance and Problems.
Unit 4: External Sector and Economics
of Jharkhand
4.1:
Role of Foreign Trade.
4.2:
Composition and Direction of India’s Foreign trade and FDI.
4.3:
Basic Features of Jharkhand Economy.
4.5:
Mineral and Forest Resources.
4.6:
Agriculture in Jharkhand.
Semester II
ECN:
GE – II
An
Elective Course will be chosen by the students from an unrelated discipline/
subject. Student will opt a core paper/subject other than economics being
thought in the college, such as
1. Mathematics
2. Statistics
3. History
4. Political science
5. Psychology/ Geography
6. English/Hindi
7. Anthropology/Sociology
Or
any other paper.
ECN – AEC1
Student
may opt any language paper such as:
Hindi/Bangali/English/Alternative
English/Sanskrit/Regional Language
Semester
III
ECN:
CC – V
Micro Economics – II
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Market Structure
1.1:
Forms of Market: perfect and Imperfect Markets: Salient Features.
1.2:
Equilibrium of the Firm and Industry [Short Run and Long Run] under Perfect
Competition; Derivation of Supply Curve.
1.3:
Monopoly: Price and Output Determination [Short Run and Long Run]; Price
Discrimination;
1.4:
Monopolistic Competition: Price and Output Determination (Individual and Group
Equilibrium); Importance of Selling Costs.
1.5: Oligopoly: Kinked
Demand Curve Theory.
Unit 2: Factor Pricing
2.1:
Marginal Productivity Theory of Distribution; Adding-Up Problem [Euler’s
Theorem].
2.1:
Theories of Wage determination: Demand and Supply Theory; Collective
Bargaining.
2.3:
Rent: Ricardian and Modern Theory.
2.4:
Interest: Classical and Keynesian Theories.
2.5: Profit: Innovation,
Risk and Uncertainty Theories.
Unit 3: Welfare Economics
3.1:
Concept of Welfare: Value Judgement; Problems in Measuring Welfare.
3.2:
Classical Welfare Economics: Pigou.
3.3:
Pareto’s Criterion of Measuring Welfare;
Semester
III
ECN:
CC – VI
Statistical
Methods in Economics
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Introduction to Statistics
1.1:
Basic Concepts: Population and Sample, Parameter, Statistic, Primary and
Secondary Data.
1.2:
Classification and Tabulation.
1.3: Diagrammatic and
Graphical Representation of Data.
Unit 2: Central Tendency and
Dispersion
2.1:
Measures of Central Tendency: Arithmetic Mean, Median, Mode, Geometric Mean
and Harmonic Mean.
2.2:
Measures of Dispersion: Mean Deviation, Quartile Deviation, Standard Deviation,
Coefficient of Variation.
2.3: Measures of
Skewness.
Unit 3: Correlation and Regression
3.1: Correlation;
Coefficient of Correlation – Karl Pearson and Rank Correlations.
3.2:
Regression Analysis: Linear Regression; Interpretation of Regression
Coefficients.
Unit 4: Time Series and Index Numbers
4.1: Time Series
Analysis: Concept; Components; Least Square Method of Determination of Trend.
4.2: Index Numbers: Concept; price relative;
quantity relative; weighted index number.
4.3: Methods of Construction of Index Numbers:
Laspeyre, Paasche and Fisher.
4.4: Tests for Adequacy of Index Number.
Unit 5: Probability
5.1:
Probability: Concept.
5.2: Rules of Probability: Addition and
Multiplication Theorems.
Semester
III
ECN:
CC – VII
Macro
Economics - II
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: National Income and Social
Accounting
1.1:
Concept of Circular Flow
1.2:
Concept and Measurement of National Income
1.3:
Concept of Social Accounting
1.4: Environmental
Concerns in National Income; Green Accounting.
Unit 2: Theory of Output and
Employment
2.1:
Say’s Law of Market and Classical Theory of Employment: Critical Analysis and
Keynes’ Objections.
2.2:
Consumption Function and Savings Function: APC; MPC; APS and MPS; Factors
Affecting Consumption Function; Psychological Law of Consumption.
2.3:
Investment Function: Autonomous and Induced Investment; MEC and Rate of
Interest.
2.4:
Principle of Effective Demand: Equality and Equilibrium of AD/AS and S/I;
Paradox of Thrift.
2.5:
Investment Multiplier and its Effectiveness in Less Developed Countries.
2.6: Theory of
Acceleration.
Unit 3: Trade Cycles
3.1:
Nature and Characteristics of Trade Cycle.
3.2:
Hawtrey’s Monetary Theory of Trade Cycle.
3.3:
Hayek’s Over-Investment Theory of Trade Cycle.
3.4: Keynesian Views on
Trade Cycle.
Unit 4: Inflation
4.1:
Definition, Types, Causes and Effects of Inflation.
4.2:
Measures to Control Inflation.
4.3: Concept of Inflationary Gap.
Semester
III
ECN:
SEC – I
FINANCIAL ECONOMICS
Full Marks - 80 Time - 3 Hrs
Candidates
will have to answer four questions
out of total of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Course Description
This
course introduces students to the economics of finance. The course does not
require any prior knowledge of economics. This course should be accessible to
anyone with an exposure to elementary mathematics. The course is designed to
impart the essential aspects of financial asset valuation. The students will be
introduced to numerical techniques in finance using spreadsheet programmes such
as Microsoft Excel. The course will impart skills that will be useful in a
variety of business settings including investment banks, asset management companies
and in the field of financial and business journalism.
Course
Outline
1. Deterministic
cash-flow streams
Basic
theory of interest; discounting and present value; internal rate of return;
evaluation criteria; fixed-income securities; bond prices and yields; interest
rate sensitivity and duration; immunisation; the term structure of interest
rates; yield curves; spot rates and forward rates.
2. Single-period
random cash flows
Random
asset returns; portfolios of assets; portfolio mean and variance; feasible combinations
of mean and variance; mean-variance portfolio analysis: the Markowitz model and
the two-fund theorem; risk-free assets and the one-fund theorem.
3. Capital Asset
Pricing Model (CAPM)
The
capital market line; the capital asset pricing model; the beta of an asset and
of a portfolio; security market line; use of the CAPM model in investment
analysis and as a pricing formula.
Readings
1. David G. Luenberger, Investment
Science, Oxford University Press, USA, 1997.
2. Richard A. Brealey and Stewart
C. Myers, Principles of Corporate Finance, McGraw-
Hill, 7th edition, 2002.
3. Burton G. Malkiel, A Random
Walk Down Wall Street, W.W. Norton & Company, 2003.
4. Simon Benninga, Financial
Modeling, MIT Press, USA, 1997.
Semester
IV
ECN:
CC – VIII
Mathematical
Methods for Economics
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Basic Concepts
1.1:
Set Theory: Concepts and set operations.
1.2:
Variables and Functions; Equations and Systems of Equations;
1.3:
Elements of Coordinate Geometry: Straight Line.
1.4:
Homogeneous Functions.
Unit 2: Calculus
2.1:
Concept of Limit and Differentiation [Simple and Partial] of a Function.
2.2:
Maxima and Minima; Its applications in Economics.
2.3:
Pricing under Monopoly and Perfect Competition.
2.4:
Inter-Relationships among Total, Marginal and Average Cost and Revenues.
2.5:
Integration of a Function: Definite and Indefinite.
2.6:
Economic Applications of Integrals: Obtaining Total Function from Marginal
Function: Revenue, Cost and Product; Consumer’s Surplus.
Unit
3: Matrix and Determinants
3.1:
Various Types of Matrices.
3.2:
Matrix Operations.
3.3:
Determinants.
3.4:
Inverse of a Matrix.
3.5:
Cramer’s Rule.
Semester
IV
ECN:
CC – IX
International
Economics
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Scope of International
Economics
1.1:
International Economics: Definition, Nature and Importance.
1.2:
Gains from Trade: Their Measurement and Distribution.
1.3:
Comparative Cost Advantage [Ricardian] and Heckcher-Ohlin Theory of
International Trade.
Unit 2: International Trade Policy
2.1:
Free Trade vs. Protection.
2.2: Methods of Trade
Restriction: Tariff and Quotas - Their Impact.
Unit 3: Foreign Exchange
3.1:
Exchange Rate Determination: Gold Standard [Mint Parity]; Purchasing Power
Parity Theory.
3.2: Devaluation and
Appreciation of currency.
Unit 4: Balance of Trade and Balance of
Payment
4.1: Concepts and Components of Balance of Trade
and Balance of Payment.
4.2: Equilibrium and Disequilibrium in Balance of
Payment; Consequences of Disequilibrium in Balance of Payment; Measures to
Correct Deficit in Balance of Payment.
Unit 5: International Financial
Institutions and India
5.1:
Functions of IMF; World Bank; WTO with reference to India.
5.2: Balance of Payment Crisis; Need and Importance of Foreign Capital.
Semester
IV
ECN: CC – X
Economic Development and Policy in India–I
Full Marks - 80 Time - 3 Hrs
Candidates
will have to answer four questions
out of total of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Course Description
This
course reviews major trends in aggregate economic indicators in India and
places these against the backdrop of major policy debates in India in the post-
Independence period.
Course
Outline
1.
Issues in Growth, Development and Sustainability
2. Factors in
Development
Capital
formation (Physical and Human); technology; institutions.
3. Population and
Economic Development
Demographic
trends; urbanisation.
4. Employment
Occupational
structure in the organised and the unorganised sectors; open-under and disguised
unemployment (rural and urban); employment schemes and their impact.
5. Indian
Development Experience
Critical
evaluation of growth, inequality, poverty and competitiveness, pre and post reforms
era; savings and investment; mobilisation of internal and external finance; monetary
and fiscal policies; centre-state financial relations.
Readings:
1. Michael P Todaro and Stephen
Smith. Economic Development, Pearson, 11th edition(2011).
2. Uma Kapila, Indian Economy
since Independence, Academic Foundation, 19th edition (2009).
3. United Nations Development
Programme, Human Development Report 8 2010, Palgrave Macmillan
(2010).
4. Government of India, Economic
Survey (latest)
5. Government of India, Five
Year Plan (latest)
6. Government of India, Finance Commission Report (latest)
Semester IV
ECN:
GE – III
An
Elective Course will be chosen by the students from an unrelated discipline/
subject. Student will opt a core paper/subject other than economics being
thought in the college, such as
1. Mathematics
2. Statistics
3. History
4. Political science
5. Psychology/ Geography
6. English/Hindi
7. Anthropology/Sociology
Or
any other paper.
Semester IV
ECN:
SEC - II
DATA ANALYSIS
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Course
Description:
This
course introduces the student to collection and presentation of data. It also
discusses how data can be summarized and analysed for drawing statistical
inferences. The students will be introduced to important data sources that are
available and will also be trained in the use of free statistical software to
analyse data.
Course Outline:
1. Sources of data. Population
census versus sample surveys. Random sampling.
2. Univariate frequency
distributions. Measures of central tendency: mean, median and
mode; arithmetic, geometric and
harmonic mean. Measures of dispersion, skewness and
kurtosis.
3. Bivariate frequency
distribution. Correlation and regression. Rank correlation.
4. Introduction to probability
theory. Notions of random experiment, sample space, event, probability of an
event. Conditional probability. Independence of events. Random variables and
probability distributions. Binomial and normal distributions.
5. Estimation of population
parameters from sample data. Unbiased estimators for population mean and
variance.
6.
Basics of index numbers: price and quantity index numbers.
Readings:
1. P.H. Karmel and M. Polasek
(1978), Applied Statistics for Economists, 4th edition,
Pitman.
2. M.R. Spiegel (2003), Theory
and Problems of Probability and Statistics (Schaum
Series).
Semester
– V
ECN: CC – XI
Growth
and Development
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Introduction to Economic
Growth and Development
1.1: Economic Growth and Development: Concepts and
Contrasts.
1.2:
Factors Affecting Economic Growth.
1.3:
Development and Under-Development; Obstacles to Under-Development.
1.4:
Concept of Poverty Line.
1.5:
Theory of Demographic Transition.
1.6: Capital Formation.
Unit 2: Theories of Growth and
Development
2.1:
Classical Theories of Development: Adam Smith and David Ricardo.
2.2:
Harrod-Domar Growth Model.
2.3:
Schumpeter and Capitalistic Development.
2.4:
Lewis Model.
2.5: Rostow’s Model of
Growth.
Unit 3: Macro Economic Policy and
Economic Development
3.1:
Role of Monetary and Fiscal Policies in Developing Countries, including India.
3.2: External Resources: FDI, AID vs. Trade; Technology Inflow, MNC activity in India.
Semester
– V
ECN: CC – XII
History
of Economic thought
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Early Period
1.1:
Mercentalism.
1.2: Physiocracy.
Unit 2: Development of Classical
Economics
2.1:
Adam Smith: Division of Labour, Theory of Value, Capital Accumulation,
Distribution, Views on Trade, Economic Progress.
2.2:
David Ricardo: Value, Theory of Rent, Distribution, Ideas on Economic
Development and International Trade.
2.3:
T.R.Malthus: Theory of Population, Theory of Gluts.
2.4:
Karl Marx: Dynamics of Social Change, Theory of Value, Surplus Value, Profit
and Ciris of Capitalism.
2.5: J.B.Say: Economic
Ideas.
Unit 3: The Marginalist Revolution
3.1:
Jevons and Walrus.
3.2: Neo-Classical
Thought: Alfred Marshall.
Unit 4: the Keynesian Revolution
4.1: Economic Ideas of J.
M. Keynes.
Unit 5: Indian Economic Thought
5.1:
Economic Ideas of Mahatma Gandhi.
5.2: Economic Ideas of Amartya Sen.
Semester
V
OPTIONAL
PAPERS (DSE)
GROUP
A
ECN: DSE – I
MATHEMATICAL
ECONOMICS AND ECONOMETRICS
Mathematical Economics – I
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Elementary Mathematics in
Economics
1.1:
Role of Mathematics in Economics.
1.2:
Functions and its Graphs.
1.3: Set Theory: Kinds of
Sets; Operation of Sets; Venn Diagrams; Cartesian Products.
Unit 2: Limits and Differentiation
2.1:
Limits and Continuity.
2.2:
Differentiation: Rules of Differentiation; Higher Order Derivatives.
2.3:
Application of Derivatives: Differentiation of a Function; Concavity and
Convexity; Maxima and Minima; Inflection Points; Perfect Competition; Monopoly;
Elasticity.
Unit 3: Calculus and Multi-Variable
Functions
3.1:
Functions of Several Variables and Partial Derivatives.
3.2:
Rules of Partial Differentiation; Second Order Partial Derivatives.
3.3: Application of Partial
Derivatives in Economics.
Unit 4: Integration and Its
Applications
4.1:
Concept; Rules of Integration; Integration by Substitution.
4.2:
Definite and Indefinite Integrals.
4.3:
Economic Applications of Integration.
4.3: Consumer’s Surplus.
Semester
V
OPTIONAL
PAPERS (DSE)
GROUP
A
ECN: DSE – II
MATHEMATICAL
ECONOMICS AND ECONOMETRICS
Econometrics – I
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Introduction
1.1:
Definition and Scope of Econometrics.
1.2:
Importance of Error Term.
1.3:
Desirable Properties of Estimators: Unbiasedness; Efficiency; Consistency and
Sufficiency; properties of Ordinary Least Squares.
Unit 2: Probability and Mathematical
Expectation
2.1:
Probability: Concepts.
2.2:
Additional and Multiplication Theorems of Probability; Baye’s Theorem.
2.3: Mathematical
Expectation: Meaning and Properties.
Unit 3: Simple Regression Analysis
and Theoretical Distribution
3.1: Correlation and Regression; Coefficient of
Determination.
3.2: Theoretical Frequency Distribution: Binomial and Normal Distributions; Their uses and Properties.
Semester
V
OPTIONAL
PAPERS (DSE)
GROUP
B
ECN: DSE – I
AGRICULTURAL
ECONOMICS AND DEMOGRAPHY
AGRICULTURAL
ECONOMICS – I
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Rural Economy of India
1.1: Composition of Indian Rural Economy: Farm and
Non-Farm Sector.
1.2:
Place of Agriculture in Rural Economy.
1.3:
Diversification of Agriculture: Agriculture and Allied Activities [Fisheries,
Horticulture, Floriculture].
1.4:
Forestry in India: Growth, Problems and State Policies.
1.5:
Rural Industrialization: Food Processing and Agro-Based Industries.
1.6: Development of Rural
Infrastructure.
Unit 2: Development of Agriculture
2.1:
Role and Importance in Economic Development: Linkages between Agricultural
Sector and Non-Agricultural Sector; Changing Nature of Linkages.
2.2:
Irrigation in India.
2.3: Trends in
Agricultural Growth and Agricultural Productivity.
Unit 3: Agrarian Relations and Land
Reforms in India
3.1:
Agrarian Relations: Land Reforms Programme during 1950s and 1960s.
3.2: Land Reforms Programme and Performance during 1970s and after.
Semester
V
OPTIONAL
PAPERS (DSE)
GROUP
B
ECN: DSE – II
AGRICULTURAL
ECONOMICS AND DEMOGRAPHY
DEMOGRAPHY – I
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
UNIT 1: Introduction
1.1:
Demography: Concepts; Definitions; Nature; Scope and Importance.
1.2:
Population Study and Demography: Similarities and Dissimilarities.
1.3: Relationship of Demography with other
Disciplines.
Unit 2: Theories of Population
2.1:
Malthusian Theory of Population.
2.2:
Optimum Theory of Population.
2.3: Theory of Demographic Transition.
Unit 3: Sources of Demographic Data in
India
3.1:
Population Census.
3.2:
Civil Registration System.
3.3:
Demographic Surveys.
3.4: Merits and Demerits
of Sources of Population Data.
Unit 4: Structure of Population
4.1: Population
Trends: Historical Evidence of Growth of Population and its Distribution in
India.
4.2:
Age and Sex Structure of Population in India:
Pattern; Determinants; Age Pyramids; Individual and Population Ageing;
Temporal and Spatial Variations in Sex Ratios.
4.3:
Population Explosion in India: Causes and Consequences.
Semester
V
OPTIONAL
PAPERS (DSE)
GROUP
C
ECN: DSE – I
INDUSTRIAL ECONOMICS AND FINANCIAL INSTITUTIONS
INDUSTRIAL ECONOMICS – I
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Introduction
1.1: Industry and
Economic Development.
1.2: Industry and
Sectoral Linkages.
1.3: Industrial Classification and Information.
Unit 2: Industrial Organization and Ownership
Structure
2.1: Public;
Private; Joint and Cooperative Sectors.
2.2: Private Corporate
Sector.
2.3:Industrial Competition and Monopoly.
Unit 3: Location and Dispersion
3.1: Location of
Industries.
3.2: Theories of
Location.
3.3: Diversification,
Integration and Merger of Industrial Units.
3.4: Dispersion and Problems of Regional Imbalance.
Unit 4: Composition of Industrial Sector
4.1: Significance
of Size.
4.2: Major Large Scale
Industries: Sugar; Cement; Cotton; Iron and Steel; Jute Industries.
4.3: Agro-processing
Industries.
4.4: Small-Scale
Industries; Cottage and Village Industries and Rural Industrialization.
Semester
V
OPTIONAL
PAPERS (DSE)
GROUP
C
ECN: DSE – II
INDUSTRIAL ECONOMICS AND FINANCIAL INSTITUTIONS
FINANCIAL INSTITUTIONS – I
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Money
1.1: Money:
Meaning; Functions and Types.
1.2: Supply of Money: Concept,
Components and Aggregates.
1.3: Money Market and Capital Market.
Unit 2: Commercial Banks
2.1: Commercial
Banks: Objectives; Functions; Types.
2.2: Role of Commercial
Banks in Economic development of India.
2.3: Liabilities and
Assets of Commercial Banks.
2.4: Mechanism of Credit
Creation by Commercial Banks: Purpose and Limitations.
2.5: Pre-Requisites of Sound Commercial Banking
System.
Unit 3: Foreign Exchange Markets
3.1: Foreign
Exchange; Foreign Exchange Rate; Foreign Exchange Market.
3.2: Concepts of Spot
Exchange Rates and Forward Exchange Rates.
3.3: Determination of
Exchange Rates under Fixed and Flexible Exchange Rate Regimes.
Semester
VI
ECN:
CC - XIII
Public
Finance
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Nature and Scope of Public
Finance
1.1:
Meaning and Scope of Public Finance.
1.2:
Distinction between Private and Public Finance, Public goods and Private goods.
1.3: Principle of Maximum
Social Advantage.
Unit 2: Public Expenditure
2.1:
Meaning, Classification and Principle of Public Expenditure.
2.2:
Effects of Public Expenditure on production and distribution.
2.2: Trends in Public Expenditure
and Causes of Growth of Public Expenditure in India.
Unit 3: Taxation
3.1:
Sources of Public Revenue.
3.2:
Taxation: Meaning and Classification of Taxes.
3.3:
Principles of Taxation: Benefit and Ability to Pay Approaches.
3.4:
Impact and Incidence of Taxes.
3.5:
Taxable Capacity.
3.6:
Characteristics of a good Tax System.
3.7: Effects of Taxation
on production and distribution.
Unit 4: Public Debt and Financial Administration
4.1:
Public Debt: Meaning, Types, Sources and Need.
4.2:
Effects and Burden of Public Debt.
4.3:
Methods of Debt Redemption.
4.4:
Public Budget: Economic and Functional Classification of Budget.
4.6:
Preparation of Budget in India.
4.7:
Centre-State Financial Relations in India.
Semester
VI
ECN:
CC - XIV
Environmental
Economics
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Environmental Issues
1.1:
Elementary Ecology, Entropy Law.
1.2: Two-Way
Environment-Economy Linkage.
Unit
2: Basic Concepts
2.1:
Basic Concepts: Elements of Capital Theory; Externality; Public Goods;
Renewable and Non-renewable resources; Common Property Resources.
2.2:
Social Cost-Benefit Analysis.
Unit
3: Environmental Degradation
3.1:
Causes and Effects of Environmental Degradation; Degradation of Land, Forest
and Natural Resources.
3.2:
Pollution from Energy Use: Effects on Health, Land, Water and Air.
3.3:
Pollution prevention, control and Abatement.
Unit
4: Environmental Policies
4.1:
Pollution Control System and Policy in India.
4.2:
Concepts and Indicators of Sustainable Development.
4.3:
Environmental Accounting.
Semester
VI
OPTIONAL
PAPERS (DSE)
GROUP
A
ECN: DSE – III
MATHEMATICAL
ECONOMICS AND ECONOMETRICS
Mathematical Economics – II
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Basic Matrix Algebra
1.1:
Matrices: Types.
1.2:
Addition, Subtraction and Multiplication of Matrices.
1.3:
Order of Matrices; Transpose of a Matrix; Minor, Cofactors and Inverse of a
Matrix.
1.4:
Determinants: Properties and Value of a Determinant.
1.5:
Rank of a Matrix.
1.6: Solution of
Equations by Matrix Inversion.
Unit 2: Game Theory
2.1:
Game Theory: Introduction and Concepts.
2.2:
Pure Strategy: Saddle Point Solution.
2.3:
Mixed Strategy: Optimal Expected Payoff.
2.4: Minimax Theorem.
Unit 3: Linear Programming
3.1:
Linear Programming: Basic Concepts; Primal and Dual.
3.2:
Basic Theorems of Linear Programming.
3.3: Graphical Solution
of Linear Programming.
Unit 4: Input-Output Analysis
4.1:
Input-Output Analysis: Simple Static Model; Concept and Measurement.
Semester
VI
OPTIONAL
PAPERS (DSE)
GROUP
A
ECN: DSE – IV
MATHEMATICAL
ECONOMICS AND ECONOMETRICS
Econometrics – II
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Sampling Distribution and Testing
1.1:
Sampling: Simple; Random and Stratified.
1.2:
Sampling Distribution: Distribution of Sample Mean and Variance.
1.3:
Testing of Hypothesis: Point and Interval Estimation.
1.4:
Type-I and Type-II Errors; Standard Errors.
1.5: Tests based on t and
Chi-Square Statistics.
Unit 2: Estimation Theory
2.1: Ordinary
Least Squares [OLS]: Two Variable Linear Method; Assumptions.
2.2: Properties of OLS Estimators; Gauss-Markov
Theorem.
Unit
3: Problems in OLS Estimation
3.1: Problem of Heteroscedasticity:
Their Consequences.
3.2: Problem of Auto-Correlation
[First Order]: Their Consequences, Tests and Remedies; First order
Autoregressive scheme, Mean, Variance and Co-Variance of auto-correlated U’s.
3.3: Problem of
Multicollinearity: Their Consequences.
Semester
V
OPTIONAL
PAPERS (DSE)
GROUP
B
ECN: DSE – III
AGRICULTURAL
ECONOMICS AND DEMOGRAPHY
AGRICULTURAL
ECONOMICS – II
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Technological Change in
Agriculture
1.1: Technology in
Agriculture: Traditional Techniques and Practices; HYV Seeds; Fertilizers;
Water Technology [Green Revolution].
1.2:
Sustainable Agriculture.
1.3: Emerging Trends in Agricultural Technology;
Dry Land Farming.
Unit 2: State and Agriculture – I
2.1: Agricultural
Finance in India: Importance; Types of Requirements; Institutional and Non-Institutional
Sources of Finance; Existing Rural Credit Delivery System [Multi-agency
Approach].
2.2:
Agricultural Marketing in India: Markets and Marketing Functions.
2.3: Role of Cooperatives
in Agriculture.
Unit 3: State and Agriculture – II
3.1:
Agricultural Planning in India: Decentralized Planning and Indicative Planning.
3.2:
Incentives in Agriculture: Price and Non-Price Incentives; Input Subsidies.
3.3:
Agricultural Price Policies [APP]: Nature of Demand and Supply of Agricultural
Products; Need for State Intervention; Objectives of APP; Instruments of APP
and their Evaluation.
3.4: Food Security in
India and Public Distribution System.
Unit 4: Indian Agriculture since
Independence
4.1:
Agricultural Development in India.
4.2:
Underemployment and Disguised Unemployment in Rural Economy.
4.3:
Globalization of Indian Economy and its Effects on Indian Agriculture.
4.4:
WTO and Indian Agriculture.
Semester
VI
OPTIONAL
PAPERS (DSE)
GROUP
B
ECN: DSE – IV
AGRICULTURAL
ECONOMICS AND DEMOGRAPHY
DEMOGRAPHY – II
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Techniques of Analysis
1.1: Crude Birth
and Death Rates; Age-specific Birth and Death Rates; Standardized Birth and
Death Rates: Concepts, Relative Merits and Demerits.
1.2:
Study of Fertility: Concepts of Total Fertility Rate, Gross Reproduction Rate
and Net Reproduction Rate; Their Relative Merits and Demerits; Factors
Affecting Fertility.
1.3:
Marriage and Marital Status: Concept and Measurement.
1.4: Reproductive and
Child Health [RCH] in India.
Unit 2: Population Projection
2.1:
Meaning, Types and Uses of Population Projection.
2.2:
Techniques of Population Projection: Their Relative Merits and Demerits.
2.3:
Concept of Stationary, Stable and Quasi-Stationary Population.
2.4:
Ageing of Population: Concept, Status and Assessment with reference to India.
2.5: Changes in Family
Structure and Old Age Security in India.
Unit 3: Population Policy of India
3.1:
Evolution of Population Policy in India.
3.2:
New National Population Policy: Assessment.
3.3:
Family Planning and Family Welfare Programme: Achievements and Failures; Shift
from Population Control to Family Welfare and Women Empowerment.
3.4:
Demographic Status and Household Behaviour: Education, Women’s Autonomy and
Fertility; Population; Health; Poverty and Environment Linkage.
3.5:
Salient Features of Recent Census.
Semester
VI
OPTIONAL
PAPERS (DSE)
GROUP
C
ECN: DSE – III
INDUSTRIAL ECONOMICS AND FINANCIAL INSTITUTIONS
INDUSTRIAL ECONOMICS – II
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Industrial Productivity
1.1: Concept and
Measurement of Productivity: Productivity in Indian Industries.
1.2: Industrial Sickness.
1.3: Under-Utilization of
Capacity: Factors Accounting for it and Consequences.
Unit 2: Financing of Industry
2.1: Mode of
Financing: Equity and Debt.
2.2: Institutional
Finance: Bank Finance.
Unit 3: Indian Industry in the International
Context
3.1: Globalization
and Indian Industry.
3.2: International
Competitiveness of Indian Industry.
3.3: Privatization and
Issues Relating to Disinvestment Policy.
Unit 4: Industrial Development in India
4.1: Industrial
Structure at the Time of Independence.
4.2: Industrial Policy
[Role of State].
4.3: New Industrial
Policy and Economic Reforms.
4.4: Industrial Growth
and Pattern.
Unit 5: Industrial Labour in India
5.1: Structure of
Industrial Labour.
5.2: Employment Dimension
of Indian Industries.
5.3: Industrial Legislation.
5.4: Industrial Relations.
5.5: Issues of Social
Security: Wages; Bonus; Exit Policy and Social Security.
Semester
V
OPTIONAL
PAPERS (DSE)
GROUP
C
ECN: DSE – IV
INDUSTRIAL ECONOMICS AND FINANCIAL INSTITUTIONS
FINANCIAL INSTITUTIONS – II
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Central Bank
1.1: Central Bank:
Functions and Objectives.
1.2: Instruments of
Credit Control: Quantitative and Qualitative Methods.
1.3: Role and Functions
of RBI: Development and Regulatory Functions.
1.4: Monetary Policies: Objectives and Limitations;
Recent Monetary Policies of RBI.
Unit 2: Financial Institutions in India
2.1: Importance of
Financial System in India.
2.2: Financial
Institutions in India: Function and Growth.
2.3: Measures to
Liberalize Financial System.
2.4: Banking and Financial Sector Reforms: Impact on
Economic Growth in India.
Unit
3: Development Banking
3.1: Structure of Cooperative Institutions and
Development Banks in India [SIDBI, IDBI] Objective; Role and Limitations.
3.2: Definition and Types
of NBFs: Mutual Funds; LIC; Investment Companies; Venture Capital.
3.3: Growth and
Importance of NBFs.
3.4: Recent Measures taken by RBI and SEBI to regulate
Working of NBFs.
Unit 4: Financial Markets
4.1: Structure of
Financial Markets: Call Money; Treasury bills, Commercial Bills.
4.2: Stock market and
Market for Gilt-Edged Securities.
4.3: Unregulated Credit
Markets.
4.4: SEBI and Working of
Capital Markets in India.
SYLLABUS
FOR B.A. [ECONOMICS] UNDER CHOICE BASED CREDIT SYSTEM
UNDER
VINOBA BHAVE UNIVERSITY HAZARIBAGH.
B.A.
ECONOMICS [GENERAL]
|
Semester I Paper I: Micro Economics I
|
Semester II Paper I: Money
and Banking |
|
Semester III Paper III: Indian
Economics
|
Semester IV Paper IV: Development Issues of Indian Economy
|
|
Semester V Paper V: Micro Economics II |
Semester VI Paper VI: Public Finance and International Trade |
Semester I
Paper I
Micro Economics – I
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit I: Introduction
1.1:
Subject Matter of Economics; Central Economic Problems; Production Possibility
Frontier.
1.2:
Micro and Macro Economics; Positive and Normative Economics.
Unit 2: Consumer
Behaviour and Demand
2.1: Cardinal
Utility Analysis: Total and marginal Utility; Law of Diminishing Marginal
Utility; Law of Equi-Marginal Utility; Consumer’s Equilibrium.
2.2:
Ordinal Utility Analysis: Indifference Curves; Budget Constraints; Consumer’s
Equilibrium.
2.3: Consumer’s Surplus: Marshall and Hicks.
2.6:
Theory of Demand; Elasticity of Demand: Price, Income and Cross.
Unit 3: Theory of Production
3.1:
Production Function: Short Run and Long Run.
3.2:
Law of Variable Proportions; Returns to Scale: Economies of Scale.
3.3:
Isoquant Analysis; Iso-Cost Line; Producer’s Equilibrium.
………………………………………………..
Semester II
Paper - II
Money and Banking
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Money
1.1: Money:
Meaning & Function: Role of Money in Capitalistic, Socialistic & Mixed
Economies.
1.2:
Quantity Theory of Money: Transactions Approach and Cash Balance Approach.
Unit 2: Central Banking
2.1:
Objectives, Functions and Limitations of Central Bank with reference of RBI.
2.2:
Quantitative and Qualitative Methods of Credit Control.
Unit 3: Commercial Banking
3.1:
Meaning, Types, Functions and Principles of Commercial Banks.
3.2:
Process of Credit Creation.
3.4: Commercial
Banking in India: Evaluation of Banking Sector since Independence; Critical
Appraisal of Commercial Banking after Nationalization.
Unit 4: Inflation
4.1:
Definition, Types, Causes and Effects of Inflation.
4.2:
Measures to Control Inflation.
4.3:
Concept of Inflationary Gap.
………………………………………………………………….
Semester
II
Paper
- III
Indian Economics
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Structure of Indian Economy
1.1:
Basic Features of Indian Economy
1.2:
Natural Resources: Land, Water and Forest Resources.
1.3: Broad
Demographic Features.
Unit 2: Planning in India
2.1: Objectives, Achievements
and Failures of Planning; Analysis of Current Five Year plan.
2.2: New Economic
Reforms: Liberalization, Privatization and Globalization; Their progress.
Unit 3: Important Areas of Concern
3.1:
Poverty and Inequality;
3.2:
Problem of Unemployment;
3.3:
Problem of Rising Prices;
…………………………………………………………
Semester II
Paper IV
Development Issues of
Indian Economy
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Agriculture
1.1: Nature, Importance
and Trends of Indian Agriculture.
1.2:
Land Reforms.
1.3:
New Agricultural Strategy and Green Revolution.
1.4:
Rural Credit.
Unit 2: Industry
2.1:
Industrial Development during the Planning Period.
2.2:
Industrial Policies of 1948, 1956 and 1991.
2.3:
Large Scale Industries: Sugar, Iron and Steel, Jute and Cotton Textile
Industries.
2.4:
Small Scale Industries: Growth, Importance and Problems.
Unit 3: External Sector
3.1:
Role of Foreign Trade.
3.2:
Trends in Export and Import.
3.3:
Composition and Direction of India’s Foreign trade.
……………………………………………………………..
Semester V
Micro Economics - II
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Theory of Costs and Revenue
1.1:
Concepts of Costs and their inter-relationship: Short Run and Long Run.
1.2:
Concepts of Revenue and their inter-relationship; Break-Even Analysis.
Unit 2: Market Structure
2.1:
Forms of Market: perfect and Imperfect Markets: Salient Features.
2.2: Equilibrium
of the Firm and Industry under Perfect Competition.
2.3: Monopoly:
Price and Output Determination; Price Discrimination.
2.4:
Monopolistic Competition: Price and Output Determination.
Unit 2: Factor Pricing
2.1:
Marginal Productivity Theory of Distribution.
2.1:
Theories of Wage determination: Demand and Supply Theory and Collective
Bargaining.
2.3:
Rent: Scarcity Rent; Differential Rent.
2.4:
Interest: Classical and Keynesian Theories.
2.5:
Profit: Innovation and Risk Theories.
……………………………………………………
Semester VI
Paper VI
Public Finance and
International Trade
Full Marks - 80 Time - 3 Hrs
Candidates will have to
answer four questions out of total
of eight questions. Question no. 1 will be compulsory, comprising
5 multiple choice questions of 2 marks each and 2 short answer questions carrying 5 marks each.
Unit 1: Nature and Scope of Public Finance
1.1:
Meaning and Scope of Public Finance; Public Finance and Private Finance.
1.2:
Principle of Maximum Social Advantage.
Unit 2: Public Revenue and Expenditure
2.1:
Sources of Public Revenue.
2.2:
Taxation: Meaning and Classification.
2.3:
Impact and Incidence of Taxes; Effects of Taxation.
2.4:
Meaning, Classification and Principle of Public Expenditure.
2.5:
Effects of Public Expenditure.
Unit 3: International Trade
3.1:
International Economics: Definition, Nature and Importance.
3.2:
Inter-Regional and International Trade.
3.3:
Gains from Trade: Their Measurement and Distribution.
3.4: Theory of
Comparative Costs; Heckcher-Ohlin Theory.
3.5:
Free Trade vs. Protection.
Unit 4:
International Financial Institutions
4.1:
I.M.F. and I.B.R.D.: Their Objectives and Functions.
……………………………………………
डा0देवेंद्र प्रसाद
सहायक प्राध्यापक अर्थशास्त्र विभाग
संत कोलोम्बा महाविद्यालय, हजारीबाग