Post on 28-Jan-2023
SARAH TUCKER COLLEGE (AUTONOMOUS)
TIRUNELVELI-7
DEPARTMENT OF ECONOMICS AND RESEARCH
CENTRE
BA- ECONOMICS- CURRICULUM
CHOICE-BASED CREDIT SYSTEM
Effective from 2014 onwards
SARAH TUCKER COLLEGE (AUTONOMOUS) -TIRUNELVELI-7 Department of Economics and Research Centre
BA-Economics- Curriculum
Choice-Based Credit System- Effective from 2014
I SEMESTER
Paper Title : Micro Economics-I
Paper Category : Core 1
Subject Code : 14-1ESO1
Credit : 4
Number of Hours / Week : 5
Aim: This paper enables a student to understand the behavior of an economic agent, namely, a consumer,
a producer, a factor owner and the price fluctuation in a market.
Unit I: Introduction:
Subject matter of economics-main divisions of economics-Definitions of economics-Adam smith,
Marshall, Robbins-Importance of economics-limitations of economics-distinction between micro and
macro economics-economic laws.
13 Hours
Unit II: Consumption:
Human wants-characteristics-classification of human wants-law of diminishing marginal utility-
law of equi-marginal utility-consumer’s surplus-law of demand. Exceptional demand curve-
determinanants of demand. 13 Hours
Unit III: Elasticity of Demand and Indifference curve Analysis
Elasticity of demand –types-factors determining elasticity of demand-measurement of elasticity of
demand-Distinguishing the commodities on the basis of elasticity of demand, Indifference curve analysis –
properties of indifference curves-marginal rate of substitution – consumer equilibrium in terms of
indifference curves-changes in consumer equilibrium- price effect, income effect and substitution effect -
superiority-uses of indifference curve analysis.
13 Hours
Unit IV: Factors of Production
Meaning of production-factors of production-land-labour-capital-organization- characteristics-
theories of population-capital formation-functions of entrepreneurs-division of labour-merits and
demerits- large and small scale production – merits and demerits 13 Hours
Unit V: Production Function
Production function-law of variable proportions-law of diminishing returns-law of increasing returns-
law of constant returns-cost of production-fixed cost, variable cost, average cost, marginal cost, short run
and long run cost curves
13 Hours
Teaching = 65 hrs
Evaluation = 10 hrs
Total = 75 hrs
Books for study:
1. Jhingan, M.L., Advanced Economic Theory, Brinda publications, New Delhi. Twelth Revised
& Enlarged Edition -2003.
2. Koutsoyiannis, A, “Modern Micro Economics”, Macmillan press, London.,2000 3. K.KDewett, Micro Economics or price Theory, S.Chand &Company Ltd, New Delhi.
4. M.L.Seth, Principles of Economics .Lakshmi Narani Agarwal, Agra.
5. K.P.M.Sundaram, Micro Economic Theory, Vaish, 1997.
6. H.L.Ahuja , A Modern Economic Theory and Practices, S.Chand, New Delhi, 2004.
7. P.N.Chopra,Distribution and Welfare,Kalyani Publishers, New Delhi,.1975
8. Samulson, Paul Anthony and William.D.Nordhaus, Economics.Tata Mc Graw Hill Publishing
Company Ltd, 1998.
Paper Title : Statistics-I
Paper Category : Core I
Subject Code : 14-1ESO2
Credit : 4
Number of Hours / Week : 5
Objective:
To enable the students to understand the use of statistical tools in research.
UNIT I: Introduction
Definition of statistics -Horace Sacrist (only one definition)-Importance of statistics in economics –
organizing a statistical survey, executing the survey –collection of data-primary- and secondary data –
methods of collecting primary data-sources of secondary data-sampling –census and sample method-
methods of sampling .
13Hours
UNIT II: Classification and Tabulation
Classification of data-meaning and objectives of classification-Types of classification-Individual-
discrete and continuous- frequency distribution-tabulation of data-parts of tables-rules of tabulation-types
of table-diagrammatic and graphic presentation of data-rules for constructing diagrams-graphs of time
series data and frequency distribution.
13Hours
UNIT III: Measures of Central Tendency
Averages-qualities of good average-types of average-arithmetic mean- median, mode, geometric
mean and harmonic mean-relative merits and demerits.
13Hours
UNIT IV: Measures of Dispersion
Characteristic features-Measures of dispersion -types of dispersion-range-quartile deviation-mean
deviation-standard deviation-co efficient of variation -absolute and relative measures.
13Hours
UNIT V: Skewnes and Kurtosis.
Skewness-types-measures of skewness-absolute and relative measures –Kurtosis.
13Hours
Teaching = 65 hrs
Evaluation = 10 hrs
Total = 75 hrs
LIST OF REFERENCE BOOKS:
1. S.P.Gupta, Statistical Methods, Sultan Chand and Sons, New Delhi, 1994.
2. S.P.Gupta and V.K.Kapoor, Fundamentals of Mathematical Statistics, Sultan and Sons, New Delhi,
1993.
3. R.S.N.Pillai and V.Bagavathi, Statistitics, S.Chand and Company Ltd, New Delhi
4. C.R.Kothari Quantitative Techniques, Vikas Publishing House Pvt Ltd 1997.
5. D.Bose, An Introduction to Mathematical Economics, Himalaya Publishing House, New Delhi,
2000.
6. G.S.Monga, Mathematics and Statistics for Economists Vikas Publishing House, Pvt Ltd, New
Delhi, 2003.
7. D.R.Agarwal, Mathematics and Statistics in Economics, Vrinda Publications Pvt Ltd, 2003.
Paper Title : Principles of Marketing
Paper Category : Elective 2 A
Subject Code : 14-1ESA
Credits : 5
Number of Hours / Week : 5
Objectives:
This course enables the students to understand the marketing concepts, conditions and
practices. It also deals with production planning, channels of distribution, pricing and promotional
strategies and present marketing practices.
UNIT I: Meaning and Importance of Marketing
Definition of marketing-Evolution and development of marketing-Nature and scope of
marketing-Marketing concepts-Classification of markets-Marketing and Economic development.
13Hours
UNIT II: Marketing Structure
Concept of market structure-Kinds of marketing structure-Channels of distribution-Selection of
Channel-Distribution Policy-Product characteristics-Supply characteristics-Cosumer characteristics-
Middle-Man characteristics-The marketing concept-Integrated Marketing-Buyer behaviours-Stages in
the buying process-Market segmentation-Brand loyalty.
13Hours
UNIT III: Planning the Marketing
The product mix-The sales mix-The physical distribution mix-The marketing mix –The use of
marketing models-Marketing strategies for developing countries.
13Hours
UNTI V: Marketing Information
Definition of market information-Methods of collecting market information –Analysis of
internal records –External sources of information –Obtaining information through development
research.
13Hours
UNIT V: Sales Organization and Advertising
Meaning and Need-Functions-Structure of sales organization- Types of sales Organization-
Advertising and salesmanship-Advertising media -Planning for advertising –Advertising Agency.
13Hours
Teaching = 65 hrs
Evaluation = 10 hrs
Total = 75 hrs
Books for Reference
1. P.Kotler-Marketing Management, Prentice Hall, New Delhi,1988
2. Stanton-Fundamentals of Marketing,McGrawHill,New Yark,1987
3. Rajan Nair-Marketing, S.Chand & Co, New Delhi,1993
4. J.C.Sinha,Principles of Marketing and Salesmanship,S.Chand &Co New Delhi1983
5. J.C.Gandhi,Marketing,Tata McGraw-Hill Publishing Company Ltd,New Delhi,1995
6. Venkata Ramana Vedulla, Marketing Services, Jaico Publishing House Mumbai, 2005.
7. G.Ramesh Babu, Financial Markets and Institutiona, Concept Publishing Company,
New Delhi, 2006.
8. Czinkota and Kotabe, Marketing Management, Thomson South-Western, Australia,
2007.
II SEMESTER
Paper Title : Micro Economics-II
Paper Category : Core 3
Subject Code : 14-2ESO3
Credit : 4
Number of Hours / Week : 5
UNIT I: PERFECT COMPETITION
Reveneue and revenue curves under different market conditions-concept of equilibrium of industry
and firm-Perfect competition-features –price and output determination –short and long run.
13 Hours
UNIT II: IMPERFECT COMPETITION
Monopoly-features-Types-Causes-Price-determination-discriminating-monopoly- types–
degrees of price discrimination-Monopolistic competition-features-price determination- excess
capacity-Duopoly & oligopoly – definition only. 13 Hours
UNIT III: DISTRIBUTION
Meaning-Kinds-National income-Marginal productivity theory of distribution- Modern theory of
distribution.
13 Hours
UNIT IV: RENT & WAGES
Rent-Meaning-definition-Ricardian theory, Modern theory, Quasi- rent-Wages – meaning-
definition- kinds -difference in wages -Theories of wages-Trade Union and wages. 13 Hours
UNIT V: INTEREST AND PROFIT
Interest-meaning-definition- net interest and gross interest -Loanable Funds theory-Keynes’
Liquidity preference theory-Liquidity trap-Profit-Meaning-kinds-Dynamic theory, Innovation theory-Risk
theory and Uncertainty theory.
13 Hours
Teaching = 65 hrs
Evaluation = 10 hrs
Total = 75 hrs
Books for study:
1. Alfred W.Stoner &Douglas C.Hages, A Text book of Economic Theory, English Language Book
Society & Longman Group Ltd, London.
2. D.N.Dwivedi, Principles of Economics, Vikes Publishing House Pvt Ltd New Delhi.
3. K.KDewett, Micro Economics or price Theory, S.Chand &Company Ltd, New Delhi.
4. M.L.Seth, Principles of Economics .Lakshmi Narain Agarwal, Agra.
5. K.P.M.Sundaram, Micro Economic Theory, Vaish, 1997.
6. H.L.Ahiya –A Modern Economics Theory and Practices, S.Chand, New Delhi, 2004.
7. P.N.Chopra,Distribution and Welfare,Kalyani Publishers, New Delhi,.1975
8. Samulson, Paul Anthony and William.D.Nordhaus, Economics.Tata Mc Graw Hill Publishing
Company Ltd, 1998.
9. http://www.yahoo.com/socio-science/economics/infoseek-economics
Paper Title : Statistics II
Paper Category : Core 4
Subject Code : 14-2ESO4
Credit : 4
Number of Hours / Week : 5
UNIT I: Correlation
Correlation analysis –significance- uses–types of correlation- various methods of studying
correlation-Karl Pearson’s coefficient of correlation- rank correlation.
13Hours
UNIT II: Regression Analysis
Meaning, Regression line, Regression equation, Least square method, Deviation taken from
arithmetic means of x and y, when deviations are taken from assumed mean, Regression in bivariate
grouped frequency distribution.
13Hours
UNIT III: Analysis of Time Series
Analysis of time series –uses of time series analysis –the four components of time series and
measurement of trend and seasonal variation.
13Hours
UN IT IV: Index Numbers
Index numbers- classification of index number –difficulties in the construction of index number -
unweighted and weighted index numbers –types-Laspeyres, Paasches and Fishers Ideal Index.
13Hours
UNIT V: Probability Theorem
Probability theorem –random experiments and events-theorems of probability –addition theorem –
multiplication theorem.
13Hours
Teaching = 65 hrs
Evaluation = 10 hrs
Total = 75 hrs
LIST OF REFERENCE BOOKS:
1. S.P.Gupta, Statistical Methods, Sultan Chand and Sons, New Delhi, 1994.
2. S.P.Gupta and V.K.Kapoor, Fundamentals of Mathematical Statistics, Sultan and Sons, New
Delhi,1993
3. R.S.N.Pillai and V.Bagavathi, Statistitics, S.Chand and Company Ltd, New Delhi.
4. C.R.Kothari Quantitative Techniques, Vikas Publishing House Pvt Ltd 1997.
5. D.Bose, An Introduction to Mathematical Economic, Himalaya Publishing House, New Delhi,
2000.
6. G.S.Monga, Mathematics and Statistics for Economics Vikas Publishing House, Pvt Ltd, New
Delhi, 2003.
7. D.R.Agarwal, Mathematics and Statistics Economics, Vrinda Publications Pvt Ltd, 2003
Paper Title : Personnel Management
Paper Category : Allied Course 4
Subject Code ; 14-2ESA2
Credits : 5
Number of Hours / Week : 6
Objectives:
• To enable the student to understand clearly the personnel management philosophy,
organisation functions, which will assist the evolution to development of labour skills.
• To also enable the student to improve the communication skills and to enhance their
performance by understanding the various methods of appraisal.
• To enable the student to become a good resource for the society
UNIT I: Introduction
Definition and scope of personnel management –Functions- Objectives-Role of human
relations in personnel management -Qualities of a good Personnel Management -Evolution and
Growth of Personnel Management in India.
13 Hours
UNIT II: Planning the personnel functions
Personnel philosophy-Personnel objectives-Functions to be performed-Assignment of duties
and responsibilities-Personnel problems.
13 Hours
UNIT III: Training and Development:
Training-Concept-Need-Importance-Benefits-Types-Objectives-Methods and
techniques-On the job training-Vestibule training-Apprenticeship training-Class room training-
Intership training. Need for evolution-Principle of training-Executive Development-Concept-
Objectives-Importance-Process-Methods and techniques of executive development.
14 Hours
UNIT IV: Motivation and Communication
Meaning-Approaches-Motivation theories-Content theories-Process theories-Reinforcement
theories-Methods for studying motivation –Research on motivation in India.
Employee communication-Meaning-Purpose-process-Directions of communication flow-downward
and upward communication-Barriers-Communication in Indian Industries.
13 Hours
UNIT V: Performance appraisal
Purpose-Factors affecting performance appraisal-Criteria of performance appraisal -
Performance methods –Ranking method- Rating scale method -Check-list method-Forced choice
method- Field reviews and critical incident technique-Confidential report.
14 Hours
Teaching = 80 hours
Evaluation = 10 hours
Total = 90 hours
Books for Reference: 1. R.S.Davar, Personnel Management & Industrial Relations, Vikas Publishing House Pvt,
Ltd.
2. Venkatarathanam C.S.& B.K.Sriata,Personal Management and Human Resource,Tata
McGraw Hill ,India1991
3. Management, Tata McGraw-Hill Populating company Limited New Delhi.
4. C.B.Memoria, Personnel Management, Himalaya Publishers House New Delhi,1995
5. Tripathy, Personnel Management & Industrial Relations, Sultan Chand & Sons
Educational Publishers New Delhi,1997
6. B.P.Tyagi,Labour Economics and Social Welfare ,Vikas Publishing Pvt.Ltd, New
Delhi,
III SEMESTER
Paper Title : Entrepreneurial Development
Paper Category : Allied Course 3
Subject Code : 14-3ES05
Credits : 5
Number of Hours / Week : 6
Objectives: � To motivate the students in developing entrepreneurial skills.
� To clarify the steps involved in starting an SSI.
� To enable the students understand the support available for entrepreneurs.
UNIT I: Introduction:
Entrepreneurship-Types-functions-qualities of a successful entrepreneur-Views of Schumpeter-
Walker and Drucker-Entrepreneur-Social entrepreneur-Women-entrepreneurs-entrepreneurs-
Entrepreneurial Motivation -Motivating factors-McClelland achievement motivation theory -Steps and
problems in starting a small business -State promotional measures-Reservation-subsidies-concessions-
incentives-marketing assistance and technological assistance.
16 Hours
UNIT II: Ownership Structure:
Need and Importance of Organization-Types of Ownership-Proprietorship-Partnership-
Company-Co-operative-Selection of Appropriate form of Ownership.
16Hours
UNIT III: Management of Small Enterprises:
Meaning & Definition-Characteristics-Functions-Management Process-Areas of Management-
Financial Management-Production & Operation Management-Personal and Human Resource
Management-Marketing Management-Inventory Management.
16Hours
UNIT IV: Project:
Meaning-Identification and Selection-Classification-Objectives-Project- Formulation-Project
Design and Net-work Analysis-PERT and CPM-Project Appraisal – Different Appraisal Criteria.
Project Report: Proforma-Viable projects for small business in Service-Production-Commerce-Trade
and International business.
16Hours
UNIT V: Financing Small Enterprises:
Financial Planning-Need-Sources of Finance-Capital Structure-Term-Loans- Short-Term
finance-Capitalisation-Venture Capital-Facilitating Institutions-(SSI : IDBI- IRBI-SIDBI-SFC-DIC-
SIDO-NSIC-SIDCO-SIPCOT-TIIC- KVIC-EXIM Bank and Commercial Banks)-An introduction
only-Industrial Estates-SEZs-steps for getting an institutional assistance.
16 Hours
Teaching = 80 Hours
Evaluation = 10 Hours
Total = 90 Hours
Reference Books and Websites: 1. Gupta.C.B. & Srinivasan. M.P., Entrepreneurial Development, Sultan Chand & Sons, New
Delhi, 1998.
2. Saravanavel. P, Entrepreneurial Development, Eee Pee Kay Pub. House, Chennai, 1997.
3. Pandey G.N (Vikas), A Complete guide to successful Entrepreneurship, Vikas Publishing
House New Delhi.
4. Sherlekar.S.S & Janardhana C.P. Essential of Business Organisation & Management.
5. Sudhir Sharma, Balraj Sigh and Sandeep Sighal, Entrepreneurship development, Wisdom
Publication, New Delhi, 2005.
6. G.S.Batra & R.C.Dangwal, Entrepreneurship and small scale Industries, Deep of Deep
Publications Pvt Ltd, New Delhi, 2001.
7. Anil Kumar& S.C.Poormima, Entrepreneurship development, New Age International Pvt Ltd
New Delhi,2003
8. Vasant Desai,Dynamic of Entrepreneurial development and Management, Himalaya
Publishing House, New Delhi,1997.
9. Manject Katra, Entrepreneurship development and Planning, A.I.T.B.S.Publishers, New Delhi,
2008.
10. www.siadipp.nic.in
11. www.disinvestment.com
12. www.wed.nic.in
Paper Title : Mathematical Methods I
Paper Category : Core Course 5
Subject Code : 14- 3ESA3
Credits : 4
Number of Hours / Week : 6
Objectives:
To enable the students of economics to acquire more knowledge of mathematics and its
application in various fields like consumption. Production and market equilibrium.
UNIT I: Introduction
Arithmetic..operations - number-system-Ratio-proportion- progression-Types - Exponents -
Simple Interest and compound interest.
16 Hours
UNIT II: Logarithms
Logarithms-Definition-Formula (product, quotient, exponent no proof) Calculations using
tables-Permutation and combination-Binomial expansion.
16 Hours
UNIT III: Functions and Equations Functions-definition and types-Uses in Economics-Equations-Definition and Types (Linear
and Quadratic) equations -Applications.
16 Hours
UNIT IV: Set theory
Set theory-Definition-Types-Set operations-complement of a set-Difference of two sets-Venn
diagrams-Demorgan’s law.
16 Hours
UNIT V: Analytical Geometry Distance between two points-The equation of a straight line-Two Points form- slope-One point
form-Slope-Intercept form and Intercepts form-Point of inter-section of two straight lines-Applications
of straight lines in economics
16 Hours
Teaching = 80 hours
Evaluation = 10 hours
Total = 90 hours
Books for Reference:
1. G.S. Monga -Mathematics and Statistics for Economics, Vikas Publishing House Ptd,
Ltd, Delhi 2000.
2. B.C. Mehta- Mathematics for Economics, Sultan Chand & Sons New Delhi1990
3. V.K. Kapoor-Essential of Mathematics for Commerce Economics, Sultan Chand &
Sons New Delhi, 1993.
4. Alpha C.Chiang,Fundamental methods of mathematical Economics,McGraw,Hill
International Book Company,1984
5. B.C.Metha, and G.M.K.Madnani, Mathematics for Economists, Sultan Chand & Sons
New Delhi1997.
6. Weber, Jean.E, Mathematics Analysis, Business and Economic Application, Harper and
Row Publishers, New York, 1982.
Paper Title : ORGANIZATION AND MILITARY LEADERSHIP
Paper Category : Generic Elective I
Subject Code : 14-3ESNME
Credit : 4
Number of Hours/Week : 3
UNIT I: NCC Organisation: 6 Hours
(i) Aims and objectives of NCC, Cardinal points of NCC(ii) Characteristics of a good citizen(iii)
Organizational structure of NCC(iv)NCC Song (v)Incentives of NCC(vi)Certificate Examinations in
NCC.
UNIT II: HEALTH, HYGIENE AND FIRST – AID: 6 Hours
(i) Motto and Aims of First Aid (ii)Principle of First Aid (iii)List of items in First aid Box
(iv)Fracture and Dislocation (v) First Aid for Burns, Sprain, Strain,Drowning,Poison,Shock,Snake
bite,Sun and Heat Stroke and Insect bite.
UNIT III: NATIONAL INTEGRATION AND AWARENESS: 6 Hours
(i)Religions and culture(ii)Traditions and customs in India (iii) National integration -Unity in
Diversity (iv) National interests-objectives-threats and opportunities (v)Problems and challenges of
national integration(vi) Contribution of youth in national building.
UNIT IV: SOCIAL SERVICES ACTIVITIES: 6Hours
Social service: Weaker sections in the society and its identification - NGOs and their
role and contribution - Social evils: Corruption-Counter terrorism-Illiteracy.
UNIT V: LEADERSHIP TRANING: 6 Hours
(i)Leadership traits, types, qualities. (ii) Time Management(iii)Stress management(iv) Man
Management (v)Interview skills(v)Conflict motives(vi)Importance of group/team work.
COURSE OUTCOMES:
The students of Economics are able to
understand the Characteristics of a good citizen
gain knowledge regarding Organizational structure of NCC
understand Health, Hygiene And First – Aid of a citizen
acquire knowledge related to National Integration And Awareness
Learn the Social Services Activities and Social evils
Create a suitable environment to motivate the youth to take up a career in the Armed Forces
References:
1. NCC Hand Book
2. Pamphlets issued by the Ministry of Defence
3. DG, NCC Training directive
IV SEMESTER
Paper Title : Monetary Economics Paper Category : Core Course 6
Subject Code : 14-4ESO6
Credits : 4
Number of Hours / Week : 4
Objectives:
This course helps the students to understand the basic concepts and principles in Monetary
Economics .It also enables the students to understand the working of monetary and banking systems
and the role of monetary policies. Topics like inflation, deflation, money and capital markets are dealt
with focusing on development.
UNIT I: Evolution Function
Barter-Meaning-Evolution of money-Definition-Functions of money-Kinds-Qualities of good
money-Monetary standard-Meaning-Types- The Gold Standard- Bimetallism-Gresham’s law-Paper
currency standard.
11 Hours
UNIT II: Monetary Theories
The Quantity Theory of Money –Fishers transactions approach –The Cambridge Cash-Balance
Approach-Saving-Investment theory.
10 Hours
UNIT III: Inflation and Deflation
Inflation-Features-Causes-Effects-measures to control inflation-The inflationary gap-
Deflation-Meaning-Features-Causes and effects.
11 Hours
UNIT IV: Commercial Banks
Meaning-Functions of commercial banks- Credit creation by commercial banks -Role of
commercial banks in the development of a country.
11 Hours
UNIT V: Central Bank
Definition of a central bank-Function of central bank-Objectives of credit control-Methods of
credit control-Money market- Capital market.
11 Hours
Teaching = 54 Hours
Evaluation = 6 Hours
Total = 60 Hours
Reference Books:
1. M.L Jhingan-Monetary Economics, Konark Publishers Pvt Ltd New Delhi,1997
2. D.M.Mithani- Money Banking International Trade and Public Finance, Himalaya Publishing
,2000
3. K.P.M.Sundaram,Money Banking International Trade, Sultan Chand & SONS 1997
4. M.L.Seth, Money Banking International Trade and Public Finance,Lakshmi Narain
Agarwa,1996
5. R.R.Paul,Monetary Economics,Kalyani Publishers, New Delhi,1998
6. Sankaran, Monetary Economics ,Margham Publications Madras,1999
7. M.L.Seth, Monetary Economics, S.Chand and Co, New Delhi, 2003.
8. B.N.Ghosh and Rama Ghosh, Fundamentals of Monetary Economics, Himalaya Publishing
House, Mumbai, 1989.
Paper Title : Mathematical Methods II
Paper Category : Core Course 6
Subject Code : 14- 4ESA-4
Credits : 4
Number of Hours / Week : 6
Objectives:
To enable the students of economics to acquire more knowledge of mathematics and its
application in various fields like consumption, production and market equation.
16 Hours
UNIT I: Differentiation
Differentiation-Rules-Applications in economics-Calculation of Elasticity of demand-Marginal
functions from total functions-Conditions for functions of Maxima and minima -Problems-
Applications.
16 Hours
UNIT II: Partial Differentiation
Partial Derivatives-Euler’s theorem Application of Partial Derivatives in Economics-
Optimisation problem involving two independent variables.
16 Hours
UNIT III: Integration
Integration-rules of Integration-Definite Integration-Properties-Application of Integration in
Economics- Calculation of total functions from marginal functions-Area between two curves-
Consumer’s surplus and producer’s surplus.
16 Hours
UNIT IV: Matrix theory
Matrices-Types-Operations-determinants-properties-Inverse-Solution of simultaneous
equations-Cramer’s Rule- and Matrix Inversion method.
UNIT V: Application of Matrices
Input – output analysis – Theory – Simple problems related to two sector model.
16 Hours
Teaching = 80 hours
Evaluation = 10 hours
Total = 90 hours
Books for Reference:
1. R.G.D. Allen – Mathematical Analysis for Economists, Macmillan India Ltd New Delhi,
1986.
2. Dr.D.Bose – An Introduction to Mathematical Methods, Himalaya Publishing House New
Delhi 2007.
3. D.R.Agarwal, Mathematics for Economics, Vrinda Publications Pvt Ltd 2003.
4. B.C.Metha, and G.M.K.Madnani, Mathematics for Economists, Sultan Chand & Sons New
Delhi1997.
5. Weber, Jean.E, Mathematic Analysis, Business and Economic Application, Harper and
Row Publishers, New York, 1982.
Paper Title : Computer Application in Economics I
Paper Category : Skill based Course 3
Subject Code ; 14-4ESSB3
Credits : 2
Number of Hours / Week : 2
Objectives:
The aim of studying this paper is to make the students understand different computer software
and to know the application of computers in economics.
UNIT I: Basic computer
Basic components of computer-CPU-input- Output devices-Keyboard-Mouse and scanner-
Video display-Printers -Data storage and retrieved-hard disk- CD ROM.
5 Hours
UNIT II: MS word I
MS-Word-Creating a document-Saving, finding, replacing -Printing a text-Fonts and its size-
Page formatting-Header and Footer –Page border-Page number.
5 Hours
UNIT III: MS word II Inserting tables, charts and pictures-Adding bullets and numbers –Symbols- date and time-
Working with columns-Merge mail.
5 Hours
UNIT IV: Excel
Excel-Creating a new work book (work sheet)-Entering data into the work sheet –Editing
the work sheet-Adding cells-Borders and shading-Working with ranges-managing and printing work
sheet.
5 Hours
UNIT V: Applications in Excel Simple calculations-Coping formulae-Creating charts-Bars stacked bar XY graph-line
graph-Pie charts.
5 Hours
Teaching = 25 Hours
Evaluation = 5 Hours
Total = 30 Hours
LIST OF REFERENCE BOOKS:
1. Ed Bott, Using Microsoft Office 97, Prientice, Hall of India Private Limited New Delhi-1999.
2. Shelly O’Hara, Using PCs, Prentice Hall of India, New Delhi, 1998.
3. Sinha,P.K.Computer Fundamentals,BPB Publications, New Delhi,1992
4. Raja Raman.V.Fundamentals of computers, Prentice Hall of India, New Delhi, 1996.
5. Giri Courter & Annette Marguis, Microsoft Office 2000, (No Experience Required) BPB
Publications, 2000.
6. Stephen L.Nelson,Office 2000,The Complete Reference Tata McGraw Hill Publishing
Co,Ltd,New Delhi,2000,
Paper Title : Economics of Tourism
Paper Category : Skill Based Course-2
Subject Code : 14-4ESSB4
Credits : 2
Number of Hours / Week : 2
Objectives:
• To provide the students an in-depth view of the fundamentals of tourism.
• To provide an environment and to create an aptitude towards Tourism Research.
• To enable the students to fit into the various career opportunities available to them in
tourism field.
• To create awareness on tourism, to explain the scope for employment in this area.
UNIT I: Introduction
Introduction-objectives-origin-elements of Tourism-Basic components of Tourism- Types and
Classification of Tourism.
5 Hours
UNIT II: Accommodation
Emergence of the Hotel-Types of Hotels-Supplementary Accommodation.
5 Hours
UNIT III: Travel Agency in Tourism
Organization 4of Travel agency-Travel Agency in India.
5 Hours
UNIT IV: Organisation of Tourism
Need for organization-Factors influencing organization-The National Tourist organization –
Tourist organization in India.
5 Hours
UNIT IV: Indian Tourism Industry Indian Tourism Industry –Economic gains and social gains- Environmental impact of Tourism.
5 Hours
Teaching = 25 Hours
Evaluation = 5 Hours
Total = 30 Hours
Books for Reference:
1. Shashi Prabha Sharma, Tourisum and Environment, Kanishka Publishers, Distributors,
New Delhi, 2007.
2. S.Autheeshna Babu,Sitikantha Mishra,Bivrai Bhusan Praida,Tourisum Development
Revisited, Response Business books sage, New Delhi,2008
3. Krishan.K.Kamra,Economics of Tourisms ,Pricing impacts Forecasting, Kanishka
Publishers, Distributors, New Delhi 2006
4. K.Kamra, Economics of Tourism Pricing, Impacts, Forecasting, Kanishka Publishers
Distributors, New Delhi, 2006.
5. J.K.Sharma, Tourism and Development, Kanishka Publishers Distributors, New Delhi,
2007.
6. Shashi Prabha Sharma, Tourism and Environment, Kanishka Publishers Distributors,
New Delhi, 2007.
7. Julio Armberri Richard Butler, Aspects Tourism Development, Viva (P) Ltd New
Delhi, 2006.
8. Jagmohan Negi Travel Agency & Tour operations – Kanishka publishers – Delhi 1997.
9. K.Bhatia, Tourism Development Principles and Practices, Sterling Publishers Private
Ltd, New Delhi, 2003.
Paper Title : Introduction to Economics*
Paper Category : Non major Elective
Subject Code : 14-4ESNME
Credits : 2
Number of Hours / Week : 2
Aim:
This course is offered to students whose major discipline is not economics. The primary aim of
the course is to provide these students a basic knowledge of the subject matter of economics.
UNIT I: Introduction
Basic concepts-Definitions-Wealth, Welfare and Scarcity-National Income- Concepts and
measurement.
5 Hours
UNIT II: Households, Firms and Market
Demand-Determinants of demand-Elasticity of Demand- Individual demand curve-Aggregate
demand curve in the market-Supply- Market equilibrium- Goals of firms.
5 Hours
UNIT III: Money and Banking
Money and its types and functions-Functions of Commercial banks -Primary, Secondary
functions-Credit creation. of Commercial banks.
5 Hours
UNIT IV: Public Finance Public Revenue -Sources- Tax and Non-Tax Revenue-Causes for the growth of Public
Expenditure- Public Debt-Debt Repayment- Budget. In India. ( Union Budget)
5 Hours
UNIT IV: International Trade and Globalisation Internal trade-International trade-Advantages and disadvantages-Liberalisation, Privatisation
and Globalisation - (A brief account only).
5 Hours
Teaching = 25 Hours
Evaluation = 5 Hours
Total = 30 Hours
Books for Reference:
1. M.L.Jhingan, International Economics, Vrinda Publication (p) Ltd, New Delhi, 2003.
2. Tyagi B.P, Public Finance, Jai Preakash Nath & Co, Meerut, 2007.
3. M.L. Jhingan, Micro Economic theory, Vrinda Publications (p) Ltd,New Delhi,2003.
4. R.Dutt& K.P.M.Sundaram, Indian Economy S.Chand & CoLtd, 2003.
5. D.M.Mithani, Money, Banking, International Trade and Public Finance, Himalaya .Publishing
House, New Delhi, 2000.
6. K.P.M.Sundaram, Money Banking and International Trade, Sultan Chand & Sons, New Delhi,
1982.
7. K.K.Dewett,Price theory,
.
V SEMESTER Paper Title : Macro Economics-1
Paper Category : Core Course 7
Subject Code : 14-5ESO7
Credits : 4
Number of Hours / Week : 4
Objective:
To impart macro theoretical skills to the students.
To enable them in understanding macro economic analysis.
UNIT I: Introduction
Nature and scope of Macro Economics-Micro and Macro Economics-Basic concepts in Macro
Economics-Stock and flow variables- Statics-Comparative statics and dynamic analysis.
9 Hours
UNIT II: National Income Estimation
The circular flow of income-National Income- Concepts-Methods- Computation of National
Income-Social Accounting of National Income.
9 Hours
UNIT III: Classical Theory of Income Determination
Classical theory of Employment-Say’s law of market-Classical theory with and without
Savings and Investment-Pigou’s Reformulation of the Classical theory of employment.
11Hours
UNIT IV: Keynesian Theory of Income Determination
The Keynesian model of income determination-Concepts of Aggregate Demand and Aggregate
Supply- The Consumption function-The Investment function-Marginal efficiency of capital- Liquidity
Preference and rate of interest- Multiplier-Accelerator -Super Multiplier.
14 Hours
UNIT V: Keynesian-Classical Synthesis
The IS-LM analysis-Elasticity of IS-LM model-A comparison of classical and Keynesian
views on the determination of income, employment and output-Effectiveness of monetary and fiscal
policy.
11Hours
Teaching = 54 Hours
Evaluation = 6 Hours
Total = 60Hours
Reference Books:
1. Jhingan.M.L Advanced Economic Theory, Vrinda Publications, New Delhi, 1992.
2. Seth. M.L, An Introduction to Keynesian Economics, Messrs Lakshmi Narai Agarwal, Agra-3,
1999.
3. Vaish. M.C,Macro Economic Theory, Allied Publishers Private Ltd, New Delhi, 1983
4. R.D.Gupta, Keynes and Post-Keynesian Economics, Kalyani Publishers New Delhi, 1998.
5. Jhingan.M.L,Macro Economic Theory,Vrinda Publications Pvt Ltd ,2007
6. Rana,Verma,Vishal ,Macro Economic Analysis, Publishing Co,2007
7. Shapiro, Macro Economic Theory.
Paper Title : Indian Economy-I
Paper Category : Core – DSC- VIII
Subject code : 14-5ES08
Credit : 5
Number of hours/week : 6
Objective:
To enable the students to understand problems of poverty and unemployment in India
Unit I: Natural Resources: 18 Hours
Importance of Natural Resources – Land and Soil – Water – Water Resource Management &
Irrigation Development - Forest – Minerals.
Unit – II: Human Resources: 18 Hours Nature and Magnitude of population. Need for population control and Government
Policy.
Unit – III: Agriculture Sector: 18 Hours Nature and importance New Agriculture Strategy - Green Revolution -Technology
Changes – Inputs – HYV Seeds – Chemical Fertilizers –Agricultural Finance – Features – Sources –
Co-operatives – Commercial Banks – NABARD.
Unit – IV: Service Sector: 18 Hours Transport Sector – Development and Problems – Transport co-ordination – Scope – Objectives
– Mode of Transportation – Roads, Railways, Waterways and Airways- Communication and
Development.
Unit – V: Energy: 18 Hours Energy – Classification of energy – Power – Pattern of electricity consumption – Causes for
Chronic power shortage in India.
COURSE OUTCOMES:
The students of Economics are able to
• Understand the structure of Indian Economy
• To study the availability of resources of different kinds.
• To create awareness about problems of poverty &Un employment
• To know the service sector in India.
• Identify the recent measures to develop infrastructure
Reference :
1. Indian Economy - RuddarDatt& K.P.M Sundaram 2014
2. Indian Economy - V.K. Puri& S.K. Misra 2015
3. Indian Economy - Sankaran 2016
4. Indian Economy - I.C Dhingra 2015
5. Indian Economy - M.M. Varam&R.K.Agarwal
Paper title : Public Finance -I
Paper category : Core – DSC- IX
Subject code : 14-5ES09
Credit : 5
Number of hours / week : 6
Objective:
• To enable the students to understand the principles, policies and functioning of the public
financial system.
Unit – I: Introduction: 18 Hours
Introduction – Definition and importance of public finance – Main sub-divisions of
public finance – Public finance and private finance – functions of public authority - Principle of
maximum social advantage.
Unit – II: Public Expenditure : 18 Hours
Public expenditure – Cannons of public expenditure – Classification of public expenditure –
Causes for the growth of public expenditure in India – Trends in public expenditure in India.
Unit - III: Public Revenue : 18 Hours
Public revenue – Meaning and sources of public revenue – Cannons of taxation – Objectives of
taxation – Theories of taxation: Cost of service theory, benefit theory and ability to pay theory –
Types of tax systems in India – Characteristics of good tax system.
Unit – IV: Taxation: 18 Hours
Direct and indirect taxes – proportional, progressive, regressive and digressive taxation with special
reference to India – Effects of taxation –specific and advalorum duties in India – GST-State
challenges.
Unit – V: Taxable Capacity: 18 Hours
Absolute and relative taxable capacity – Factors determining taxable capacity – Measurement and
limits of taxable capacity – India’s taxable capacity – Money and real burden of taxation – shifting,
impact and incidence of taxation – Factors influencing shifting – Theories of incidence – Tax
capitalization – Tax evasion and tax avoidance in India.
Course outcomes:
The students of Economics are able to
1) know the importance of public finance.
2) understand the government expenditure and revenue in India.
3) study the integrated approach to the functioning of the public finance.
4) acquire knowledge on different tax system.
5) learn the taxable capacity in India.
Books for Reference: 1. R.Cauvery, U.K.SudhaNayak, M.Grirja, N. Krupalani, R.Meenakshi, Public Finance,
S.Chand& company Ltd., New Delhi, 2001.
2. M.C. Vaish& H.S. Agarwal, Public Finance, Allied Publishers Private Limited, New Delhi,
1985.
Paper Title : Labour Economics
Paper Category : Core Course 12
Subject Code : 14-5ESE1A
Credits : 4
Number of Hours / Week : 5
Objective:
� To enable the students to acquire capabilities & skills needed for the career.
� To promote interpersonal relations conducive to organizations.
� To learn to appraise themselves of their performances.
� To enable the students in exploring the significance of labour as a productive power.
� To enrich the knowledge of the students about the status of Indian labour, Labour laws and the
power of Trade Union.
UNIT I: Labour, Wages and Human Resource Management
Indian Labour-Migratory character-Human Resource Management-Objectives- Importance-
functions-HRM in India-Human Resource Planning-Manpower forecasting-Levels of HRP-
Guidelines.-
15 Hours
UNIT II: Labour and Wages
Wages- Wage structure and wage differential-Wage legislation-Living-fair minimum and
National wages-Payment of wages Act-Minimum wages Act- Bonus and Fringe Benefits.
15 Hours
UNIT III: Employment and Recruitment Role of Employment Exchanges-Programmes to promote employment opportunities-
Recruitment-need-objectives-planning Internal and External influences, Job-Specification &
Description-Sources.
15 Hours
UNIT IV: Absenteeism, Labour Turn Over and Maintenance
Definition-Measurement of Labour turnover and effects-Maintenance: Occupational hazards
and disease-Industrial safety measures-Career Guidance -Promotion.
10 Hours
UNIT V: Trade Unionism and Industrial Disputes in India
Meaning-Pattern and structure of trade unions in India-Trade union movements in India-
Industrial disputes in India-Causes and Effects-Labour welfare measures-Social Security Measures
10 Hours
Teaching = 65 Hours
Evaluation = 10 Hours
Total = 75 Hours
Reference Books and Websites:
1. B.P. Tyagi, Labour Economics and Social Welfare, Vikas publishing ltd New Delhi, 2003.
2. Srivastava. K.N, Industrial Peace and Labour in India, Vikas publishing Pvt let, New Delhi..
3. Prasad & Banerjee – Management of Human Resource
4. Peter J. Dowling, International Human Resource Management, Thompson Learning, Excel
Books, Australia.
5. Aspects of Labour Welfare and Social Security, A.M.Sharma, Himalaya Publishing House,
2003.
6. Verma, Pramod, Labour Economic and Industrial Relations, Mc Graw Hill Publishing, New
Delhi, 1987.
7. www.education.nic.in
8. www.planningcommission.nic.in
Paper Title : Economic of social Issues
Paper Category : Core Course 11
Subject Code : 14-5ES1B
Credit : 4
Number of Hours / Week : 5
Objectives:
This subject enables the students to understand the availability of resources, problems, types of
sectors and the role of agriculture in the development of Indian Economy.
UNIT I: Resource profile of India
a) Importance of natural resources-Land -Soil-Water-Forest-Mineral.
b) Human Resource-Nature and magnitude of Population-Need for population control and
government Policy.
11 Hours
UNIT II: Basic Problems of Indian Economy
Problem of Unemployment-Nature and extent-Causes and remedies-Human Resource
Development in India-Concept of poverty and economic inequalities-Problem of poverty in India-
Magnitude-Nature-Causes of poverty-Remedial measures-Poverty Alleviation Programmes such as
IRDP-DPAP-JRY-TRYSEM and their effects.
14 Hours
UNIT III: Industrial Sector
Importance-Problems of industrialisation –Industrial Policy Resolutions of 1956, 1980 &1991-
System and objectives of Industrial licensing –Industrial Development and Regulation ACT 1951-
MRTP Act of 1969-FERA-FEMA -New Industrial Policy-Large and small scale industries.
13 Hours
UNIT -IV: Transport sector and Public sector.
Development and problems-Transport Co-ordination-Scope-Objectives- Modes of
transportation-Roadways- Railways- Waterways –Airways-Public sector- -Growth of Public sector-
Problems of Public enterprises -Suggestions for improvement
UNIT –V: Economic Reforms
Rationale of internal and external reforms - Globalization of Indian Economy- WTO and its
impact on the different sectors of the Economy - Need for and issues in good governance - Issues of
global competition and safety nets in Indian Economy.
14 Hours
Teaching = 65 Hours
Evaluation = 10 Hours
Total = 75 Hours
Reference Books, journals and Websites:
1. Devraj, Globalisation and Decentralised economic development, Rajat Publication, 2003
2. Talluru Srinivas, Globalisation and Emerging India, Discovery Publishers, 2006.
3. I.C. Dhingra, Indian Economy, Sultan Chand & sons.
4. N.P. Hariharan, Indian Economy, Vishal Publishers, 2005.
5. N.P.Hariharan,Indian Economy, Vishal Publishers, New Delhi,2006
6. The Indian Economy,S.K.Ray,Prectice,Hall of India,Private,Ltd, ,New Delhi,2007
7. A.N.Agarwal,Indian Economy,Wishwa Prakashan ,New Delhi,1998
8. M.M.Varma,R.K.Agarwal, Indian Economy, Kings Books, New Delhi
9. H.G. Mannur, International Economics.
10. Economic and Political Weekly,.
11. Indian Economic Diary 2002) (SEZ)
12. www.india.gov.in
Paper Title : Management of Financial Services
Paper Category : Skill Based Course 4
Subject Code : 14-5ESSB6
Credits : 2
Number of Hours / Week : 2
Objectives:
i) To enable the students to understand the concepts and procedures in the management
process of financial services.
ii) To acquire skills in handling and marketing of financial products.
UNIT I: Merchant Banking
Meaning, Origin and Growth Scope of Merchant Banking Services.
5 Hours
UNIT II: Mutual Fund
Mutual fund schemes – Money market mutual funds. Safety, Liquidity and Profitability of
mutual funds.
5 Hours
UNIT III: Lease Financing & Hire Purchase
Methodology and Classifications – Factors influencing Lease Vs Buying decision.- Hire
Purchase – Concept and Sources – RBI guidelines for Hire Purchase.
.
5 Hours
UNIT IV: Credit Cards
Concept of credit card – Varieties of credit cards - Operational procedures – Acceptability of
credit cards.
5 Hours
UNIT- V: Venture Capital
Concept and characteristics,- Venture capital schemes.
.
5 Hours
Teaching = 25 Hours
Evaluation = 5 Hours
Total = 30 Hours
LIST OF REFERENCE BOOKS:
1. C.R. Kothari, 2004, Investment Banking and Customer Service, Arihant Publishers, Jaipur, India.
2. M. Pandey , 2004, Financial Management, Vikas Publishing House Pvt. Ltd.
3. J.C. Verma, Merchan, 1999,- Organisation & Management, Tata McGraw Hill Publishing Co. Ltd.
4. R.K. Srivastava, 1998, Financial Decision-Making, Problems and Cases.
WEBSITES FOR REFERENCE
http://www. Vault. Com; http://www.incisivemedia.com;
http;//www.infinancials.com
VI SEMESTER
Paper Title : Macro Economics –II
Paper Category : Core – DSC-10
Subject Code : 14-6ES10
Credit : 5
Number of Hours / Week : 5
Objectives
• To high light the importance of Macro Economic policy to the students.
• To enable the students to know the various Macro Economic Concepts.
• To introduce the students the various Macro Economic theories.
Unit I : Multiplier
15 Hours
Keynes investment multiplier – leakages – criticism – importance – the dynamic multiplier –
the employment multiplier.
Unit II : Acceleration and Super Multiplier 15 Hours
The principle of acceleration – the super multiplier.
Unit III: IS and LM Function 15 Hours
The product market equilibrium – deriving the IS curve – slope of IS curve – money market
equilibrium – deriving the LM curve - the slope of the LM curve – general equilibrium of product
market and money market
Uni t IV :Business Cycle 15 Hours
Meaning – phases of a business cycle – theories of business cycle – Hawtrey’s theory –
Schumpeter’s theory – Hicks’s theory of business cycle.
Unit V :New Economic Policy 15 Hours
New Economic Policy - Assessment of NEP – Arguments for against – Achievements of NEP.
Course Outcomes : The students of Economics are able to
• learn the concept of multiplier
• understand the principle of acceleration
• know about the functioning of super multiplier
• gain knowledge of IS-LM function
• study the different phases of business cycle with theoretical reference
• understand the NEP.
Books for Reference:
• H.L.Ahuja: ‘Macro Development Economics’ New Delhi. S.Chand& Co 2010.
G.Ackley: ‘Macro Economics Theory’ New Delhi: Macmillan Co, 2011.
Paper Title : Indian Economy-II
Paper Category : Core- DSC-XI
Subject code : 14 - 6ES11
Credit : 5
Number of hours/week : 6
Unit – I: Industrial Sector: 18 Hours
Importance – problem of Industrialization – Large Scale industries :Iron – steel - Textile – Cement –
Sugar – Fertilizers – Engineering – Petroleum - Small scale and Cottage Industries – Meaning and
scope – Role and contribution sickness in India industry.
Unit – II: Public and Private Sector: 18 Hours
Importance of Private and Public sector – Growth of Public Sector – Problem of Public
sector – Suggestions for Improvement –Importance of Private sector – Growth of Private Sector –
Problem of Private sector – Suggestions for Improvement.
Unit – III: Health & Education: 18 Hours
Causes of poor Health – Health care System – Issues in Health care – National Health
Policy – Achievements of Educational Sector – Weaknesses – Measures – Future Education Policy.
Unit – IV: Basic Problems of Indian Economy: 18 Hours Problems of unemployment – Nature and extent – Causes and remedies Poverty and Economic
inequalities – Problems of Poverty in India – Magnitude – Nature – Causes of poverty – Remedial
measures – Poverty alleviation programmes such as IRDP, DPAP, JRY, TRYSEM and others and
their effects.
Unit – V: Economic Reforms: 18 Hours
Rationale of Internal and External Reforms – Liberalization – Privatization – Ways of
Privatization – Privatization of India – Globalization – Definition and Meaning of Globalization
Advantages of Globalization.
Course outcomes:
The students of Economics are able to
• identify the role of industrial sector in India
• distinguish between public and private sector
• analyse the health status in India
• study the basic problems in India
• understand the economic reforms of the Indian government
Books for study
1. Dhingra, I.C,Indian Economy (New Delhi: Sultan 2014)
2. Indian Economy - A.N. Agarwal. 2015
3. Health Economics in India - Himanusha, Skar, Rout and Prashant
4. Indian Economy - RuddarDatt& K.P.M. Sundaram. 2016
5. Indian Economy - V.K. Puri& S.K. Mirsa 2014
Paper Title : Public Finance-II
Paper Category : Core Course 12
Subject Code : 14-6ES12
Credits : 4
Number of Hours / Week : 5
Objectives:
� To enable the students to get an insight into various areas of fiscal administration.
� To give an awareness about the practical fiscal aspects of Indian economy.
UNIT I: Nature and Scope of Public Finance
Meaning- Scope of public finance-Distinction between private and public finance- The
principle of maximum social advantage.
10 Hours
UNIT II: Public Revenue:
Public revenue-Sources-Canons of taxation-Theories of taxation-Benefit theory- Cost of
service theory and Ability to pay theory -Incidence-Factors affecting incidence of taxation-Impact and
shifting of taxation-Taxable capacity-Kinds of taxes-Direct and indirect taxes-Progressive and
Proportional taxes-Income tax-Wealth tax- Sales tax-VAT and Service tax-Effects of taxation.
16 Hours
UNIR III: Public Expenditure and Fiscal policy:
Public expenditure-Canons-Effects-Reasons for the growth of Public Expenditure in India-
Fiscal policy: Meaning-Instruments-Objectives-Fiscal policy in developing counties.
13 Hours
UNIT IV: Public Debt and Budget:
Public debt-Classification-Sources-Causes for borrowing-Effects-Methods of debt redemption-
India’s public debt-Internal and External debts-Budget- Meaning-Types- Preparations and
presentation-Budget deficit and deficit financing-Evaluation of the latest budget.
13 Hours
UNIT V: Federal Finance and Local Finance:
Federal Finance-Principles-Allocation of resources-Recommendations of the Recent Finance
Commission-Local Finance in India.
13 Hours
Teaching = 65 Hours
Evaluation = 10 Hours
Total = 75 Hours
Reference Books and Websites:
1. Tyagi. B.P., Public Finance, Jai Prakash Nath & Co, Meerut (U.P), 2007.
2. S.K.Singh,Public Finance in theory and Practice,S.Chand & Company Ltd,New Delhi,2004
3. Manker, Public Finance, Himalaya Publishing House, 5th
Edition, July 2001.
4. Singh. S.K., Public Finance in Developed & Developing Countries, S.Chand and company 6th
revised and enlarged edition – 2004.
5. Mithani. D.M. – Modern Public Finance – Theory & Practice, The Himalayan publishing
house Mumbai 1998
6. Cauvery. R, Public Finance, Sultan chand & company new Delhi 2001
7. www.incometaxindia.gov.in
8. www.indiabudget.nic.in
Paper Title : International Economics
Paper Category : Core Course 13
Subject Code : 14-6ES13
Credits : 4
Number of Hours / Week : 5
Objectives:
This paper enables the students to understand the meaning, features and theories of
international trade. It also helps the students to gain knowledge in terms of trade, foreign exchange,
balance of trade and foreign exchange control.
UNIT I: Introduction
Differences between Internal trade and International trade -Bases for International trade-
Benefits and defects of International trade-Free trade-Protection-Kinds and effects- Advantages and
disadvantages- Dumping.
13 Hours
UNIT II: Terms of Trade
Meaning - Types -Factors affecting terms of trade- Tariffs & Quota and the terms of trade-
Gains from International Trade.
12 Hours
UNIT III: Balance of Payments
Meaning- Balance of trade and Balance of payments-Differences-Structure of balance of
payments- Foreign exchange- Meaning-Foreign exchange rate and its determination-Mint parity
theory-Purchasing power parity theory-Balance of payment theory.
14 Hours
UNIT IV: Exchange Control and Exchange Rate Policy Exchange control- Meaning-Objectives- Methods of exchange control-Exchange rate-Fixed
exchange rate-Merits and demerits-Flexible exchange rate-Merits and demerits- Forward exchange
market-Arbitrage operations. Functions of Foreign Exchange Market (FEM)
13 Hours
UNITV: International Organisations & Agreements (introduction and objectives only)
The International-Monetary Fund-The World Bank-The World Trade Organisations-
UNCTAD-SAARC-Private Foreign Investment and Multinational Corporations.
13 Hours
Teaching = 65 hours
Evaluation = 10 hours
Total = 75 hours
Books for Reference:
1. M.L. Jhingan “International Economics, Vrinda Publications, Delhi, 2003.
2. D.M. Mithani“International Economics, Himalaya Publishing House, Mumbai 2001
3. D.N.Drivedi“International Economics”
4. C.P. Kindle Berger “International Economics Taraporevala Sons & Co Bombay1977.
5. K.P.M Sundaram “Money banking and International trade”
6. Haberler “The theory of international trade”
7. H.G.P. Srivastave “International Economics, Himalaya Publishing House,
Mumbai 1979.
8. Ruddar Dutt and K.P.M. Sundaram “Indian Economy”S.Chand & company Ltd
Delhi, 2007.
Paper Title : Economics of Planning & Development
Paper Category : Core Course 8
Subject Code : 14-6ES14
Credits : 4
Number of Hours / Week : 4
Objectives:
• To understand the concept and theories of economic growth and planning
• To know the practicalities involved in planning
UNIT I: Economic Growth, Development and Planning in India:
Economic Growth-Development-Under development-Factors of Economic Growth-Economic
and Non-Economic factors-Types of Planning-Planning Machinery in India-Planning Commission-
Five Year Plans-Recent Five Year Plan -E-Governance
11 Hours
UNIT II: Linear Programming and Capital-Output ratio:
Linear Programming: Meaning-Application-Limitations-Uses and Application in planning-
Capital output ratio-Meaning-Factors determining Capital -Output ratio.
11 Hours
UNIT III: Theories of Economic Growth:
Adam Smith-Rostow Theory of Big Push-Doctrine of Balanced and Unbalanced growth-
Critical Minimum Effort Thesis.
11 Hours
UNIT IV: Capital Formation & Input – Output Ratio:
Capital formation: Importance-Vicious Circle-Reasons for low capital formation-Sources of
Capital formation-Input-Output Analysis-Model-Limitation-Applications with matrix.
11 Hours
UNIT V: Investment Criteria:
Investment Criteria in Economic Development- Capital Turnover Criterion- Social Marginal
Productivity Criterion-Reinvestment Criterion-Time Series Criterion.
10Hours
Teaching = 54 Hours
Evaluation = 6 Hours
Total = 60 Hours
Reference Books and Websites:
1. M.L. Jhingan, The Economics of Planning and Growth, Vrinda Publications, 2003.
2. Taneja and Sharma, Economics of Development and Planning, Vishal Publications Jalandhar,
1987.
3. Taneja and Mayer, Economics of Development and Planning, Vishal Publication Jalandhar,
2004
4. M.L. Seth, Theory and Practice of Economic Planning, S. Chand & Company (P) Ltd, 1982.
5. Tandon B.C, Economic Planning, Theory & Practice, Chaitanya Publishing House Allahabad,
1987.
6. Uma Kapila, Indian Economy, Academic foundation, New Delhi, 2002.
7. www.pmindia.nic.in.
8. www.planningcommission.nic.in
Paper title : MANAGERIAL ECONOMICS
Paper category : Core10
Subject code : 14-6ESE3A
Credit : 4
Number of hours / week : 5
Objectives:
• To relate theoretical concepts in economic theory with modern business practices.
• To predict the demand, cost, price, profit and capital requirements for a firm in future.
UNIT I : Introduction:
Definition, meaning & Significance of Managerial Economics. – Its relationship to economic
theory and business decisions – Alternative objectives of modern firms.
UNIT II : Demand Forecasting:
Demand Forecasting – Purpose and steps involved in Demand Forecasting – Determinants of
demand forecasting – Methods of demand forecasting – An evaluation of different methods demand
forecasting.
UNIT III : Cost control methods:
Role of cost in managerial decision making – Various types of costs- An evaluation of break-
even analysis.
UNIT IV : Pricing :
Pricing methods – Objectives and control.
UNIT V: Capital Budgeting
Capital expenditure decision and capital budgeting - capital budgeting techniques – Discounted
cash flow methods and its advantages and limitations – Cost of capital.
Reference:
• R. Cauvery, Dr,U.K.Sudh Nayak, Dr.M.Grija and Dr.Meenakshi, Managerial Economics,
2014.
• R.L.Varshney &K.L.Maheshwari, 2014, Managerial Economics, Chand & Sons, New Delhi.
• D.N.Trivedi, 2011, Managerial Economics, Vikas Publishin House Pvt. Ltd. New Delhi.
• G.S.Gupta, Managerial Economics, 2014.
Paper Title : Research Methodology
Paper Category : Elective 1 B
Subject Code : 14-6ESE3B
Credits : 5
Number of Hours / Week : 5
Objective: The objective of this paper is to understand the methodology of economic research It
enlightens the students in the field of research concepts and techniques of research.
UNIT I: Introduction
Meaning of economic Research-Need for economic research-Criteria of good research –
Problems encountered by researchers in India.
13 Hours
UNIT II: Different Type of Research
Experimental research-Field investigation research-Survey research-Evaluation research-
Problem oriented research-Action oriented research-Fact funding research-Historical approach-Case
study approach-Descriptive research-Scientific approach-Inter-disciplinary research.
13 Hours
UNIT: III Various Steps in Research
Identifying a research problem-Survey of literature-Selecting the objectives – Formation of
Hypothesis-collection and analysis of data-Report writing.
13 Hours
UNIT IV: Methods of Collection of Data
Primary data-Secondary data-Observation method-Interview method-Questionnaire method-
Census method- Sampling method-Different types of sampling- Methods of testing Hypothesis.
13 Hours
UNIT V: Interpretation and Thesis Writing
Bibliography-Data-processing-Tabulation-Editing-Coding-Analysis-and interpretation of data –
Format for research report-Preliminary-Text-Reference materials-Footnote Index
13 Hours
Teaching = 65 hrs
Evaluation = 10 hrs
Total = 75 hrs
Reference Books:
1. K.S. Sonachalam -Research Methodology of Social SciencesK.S.Koodal
Publishers,
2. Sadhu & Singh-Research Methodology in social science, Himalaya Publishing house
,1996
3. B.N.Ghosh – Scientific Methods and Social Research, Sterling Publishers Pvt Ltd,
1992.