B.A.

ECONOMICS

2019 - 2022
DEPARTMENT OF ECONOMICS

VISION

The department is an internationally acclaimed hub of excellence in Teaching, Learning,

Research, Consultancy and Extension. Our comprehensive curriculum is absolutely participative,
inclusive and learner-friendly with intellectual acumen and academic excellence for social
empowerment with innovative paradigm.

MISSION
1. To develop and devise a innovative curriculum that promotes critical and lateral
thinking, to enhance students‟ core and distinctive competencies to become
enterprising and citizens.
2. The community and industry based educational system prepares the students for
Higher Education, Entrepreneurship and Placement.

3. Offers value added courses and global certification programs to improve the skill
set of the students. The holistic and value based education will transform students to
become community responsive and reflective.
4. Creating the right environment, employing the best faculty and facilitating
innovative programmes to meet the challenges for the next generation.

B. A PROGRAMME EDUCATIONAL OBJECTIVES

PEO 1 Demonstrate Ability to adapt to a rapidly changing environment by having
learned and applied new skills and competencies.
PEO 2 Acquire the spirit of compassion, kinship and commitment for National
Harmony.
PEO 3 Progressively adopt and learn continuously through ICT modules.
PEO 4 Students will demonstrate a basic understanding of career options and
established career objectives.
PEO 5 Acquire the skill sets needed for Lateral Thinking, Leadership skills and
Problem solving.
PEO 6 The value based education Pedagogy transforms them to become practical and
morally upright.
 B.A PROGRAMME OUTCOMES
PO 1 The participants will become knowledgeable in the subject of Economics and apply
the principles of the same to the needs of the Employer / Institution /own Business or
Enterprise.
PO 2 The students will gain analytical skills in the field/area of Consumer Behavior,
Macro Fundamentals, Fiscal and Monetary Policies, Health and Education, Sectoral
contribution to the economy.
PO 3 The undergraduate students will understand and appreciate professional ethics,
community living and nation building initiatives with commitment and
dedication.
PO 4 Our enthusiastic students of Economics will demonstrate the civic consciousness ,
responsibility and capacity for service beyond the barriers of race,religion,caste,creed
and region as global citizens with the Gandhian motto of high thinking and simple
living.
PO 5 Students have to acquire significant talent sets to excel in their chosen career and
emerge as successful entrepreneurs or active researchers/ educationists par excellence
with this strong foundation from the academic ambience of PSG Group.
PO 6 Our undergraduate curriculum framework in Economics is based on the need and
value based education which will make them industry ready with right attitude and
aptitude.

B.A ECONOMICS PROGRAMME SPECIFIC OUTCOME

PSO 1: Knowledge on theoretical understanding and the foundations on which theories are
built.
PSO 2: Apply the knowledge of Micro and Macro Economics in the domain of Consumer
Behaviour, welfare issues; Economic Growth, employment generation and National
Income Accounting
PSO 3: Solve the complex problems in the field of Macro Spheres with an understanding of
the societal, legal and cultural impacts of the solution (Example: Economics-
Goods &Services Tax (GST)-Fiscal & Monetary Policy nexus, Union Budget, Crony
Capitalism , Bankruptcy Code, Re-capitalism and so on )
PSO 4: To decipher economic trends and to demonstrate appropriate policy decisions in the
respective fields.
PSO 5: Prepare the students with right skills to excel in business, government, education and
Non- Profit Sector.
PSO 6: To Mould the students as a perfect Team Member with right attitudes and aptitude.
 B.A., ECONOMICS PROGRAMME
SCHEME OF EXAMINATIONS
(For students admitted from 2019 - 20 & onwards)
(for first & second semesters)
Exam Max. Marks
Credit
Code No. Subject Duration
CA CE Total Points
(Hrs)
First Semester
Part I
18LAU01 Tamil/Hindi/French I 3 25 75 100 3
Part - II
18EU01 Communicative English –I 3
3 25 75 100
Interpersonal Communication
Part - III

19ECU01 Core Course :Micro Economics - I 3 25 75 100 5

Core Course :Mathematical Methods - 4
19ECU02 3 25 75 100
I
Interdisciplinary Course: 5
18ECU03 3 25 75 100
Accountancy-I
Second Semester
Part-I
18LAU02 Tamil/Hindi/French -II 3 25 75 100 3
Part-II
Communicative English –II 3
18EU02 3 25 75 100
Academic Communication
Part –III

19ECU04 Core Course : Micro Economics - II 3 25 75 100 5

Core Course : Mathematical Methods 4
19ECU05 3 25 75 100
II
Interdisciplinary Course: 5
18ECU06 3 25 75 100
Accountancy - II
Part – IV
Ability Enhancement Compulsory 2
18AECU01 100 - 100
Course – I :Value Education
 Course Code & Title 19ECU01 MICRO ECONOMICS I
Class I BA Economics Semester I
The Course aims
Course Objectives  To provide an introduction about the laws of supply and demand, and
introduces the theory of the firm, and its components, production.

SYLLABUS

No.
Unit Content of
Hours
Introduction to Micro Economics
Introduction to Economics – Definition of Economics – Micro Economics –
Positive and Normative Science – Methods of Economics: Inductive Method and
Deductive Method – Economic Statics – Comparative Statics – Economic
I 15
Dynamics – Concept of Equilibrium – Partial equilibrium : Meaning and
Applicability and General Equilibrium and Why General Equilibrium Approach –
Central Problem of an Economy : What, how and for whom to produce; concept
of Production Possibility Frontier and Opportunity Cost
Theory of Demand and Supply
Meaning of Demand – Law of Demand – Why Demand Curve slopes
Downwards? Exceptions to Law of Demand – Market - Determinants of Market
II Demand – Demand Function – Shift in the Demand Curve. Meaning of Supply – 15
Law of Supply - Shift in Supply Curve – Supply Function – Equilibrium of the
Demand and Supply – Stability of Market Equilibrium – Static and Dynamic
Equilibrium.
Elasticity of Demand
Elasticity of Demand: Meaning – Classification of elasticity of demand - Types –
Methods of Measuring Elasticity of Demand (Point, Arc and Total) – factors
III determining elasticity of demand -Elasticity of Supply- Types of elasticity of 14
supply- Consumer Surplus –Consumer Surplus- How a lower price raises
consumer surplus- What does the consumer surplus measure- Producer Surplus -
How a higher price raises producers surplus.
Theory of Consumer Behaviour
Concept of Utility - Cardinal Utility and its Measurement - Total and Marginal
Utility – Law of Diminishing Marginal Utility – Consumer Equilibrium using
Cardinal Approach. Concept of Ordinal Utility - Indifference Curves – Properties
IV 14
of Indifference Curve – Consumer Equilibrium using the Indifference Curve -
Application of Indifference Curve – Price Effect, Income Effect and Substitution
Effect (Hicks and Slutsky methods), Decomposition of Price Effect into
Substitution Effect.
 Theory of Production
Meaning of Production – factors of production, productivity - Production
Function Input and Output relationship– Law of Variable Proportions and
V application of Law into Agriculture – Returns to Scale –Linear Homogeneous 14
Production function Cobb-Douglas Production Function – Isoquants - Properties
– Marginal Rate of Technical Substitution – Iso-Cost- Producer‟s Equilibrium-
Revealed Preference Theory of Consumer Behaviour
Text Book:
1. Dwivedi D.N., Principles of Economics, Vikas Publications, New Delhi, 2017
Reference Books:
References 1. Ahuja H.L, Principle of Economics, S.Chand & Company , New Delhi, 2017
2. Jhingan M.L, Micro Economic Theory, Vrinda Publications, New Delhi, 2017.
3. Alfred Stonier W, Douglas Hague C, A Textbook of Economic Theory, Eastern Book
Company, 2016.
On Completion of the course, students should be able to
CO1: Understand about basic economic concepts
Course
CO2: Demonstrate these concepts using a Production Possibility Frontier
Outcomes
CO3:Analyze the demand and supply
CO4:Examine the consumer behaviour in terms of price, income changes.
 Course Code & Title 19ECU02 MATHEMATICAL METHODS-I
Class I BA Economics Semester I
The Course aims
Course  To familiarize the students with Mathematical methods and their
Objectives application in Economics

SYLLABUS
No.of
Unit Content
Hours
Mathematical Economics and Functions
Meaning, Origin and Importance of Mathematical Economics – Merits and
Demerits -Simultaneous Equations – Linear Equations – Quadratic
I Equations – Applications in Partial Equilibrium Analysis- Functions and 15
Curves in Economics: Demand Curves – Revenue Curves – Cost Curves -
Indifference Curves – Production Functions – Marginal Product Curves –
Returns to Scale.
Analytical Geometry
Co-ordinates of a Point – Length of Line Joining two Points - Coordinates of
II 15
the Midpoint of Line Joining two Points – The Straight Line – The Circle –
Conic Sections – Variables and Functions
Matrix I
Matrices -Types of Matrices - Matrix Operations: Addition, Subtraction,
III 14
Scalar Multiplication and Matrix Multiplication – Determinants: Definition -
Properties of Determinants – Transpose of a Matrix - Rank of a Matrix.
Matrix II Elementary Transformation in Matrix
Minors and Cofactors of Matrix- Adjoint Matrix - Matrix Inversion –
IV 14
Solving Linear Equations: Inverse Method - Crammer‟s Rule –
Applications in Economics.
Input – Output Analysis
Meaning - Technological Co-efficient Matrix – Open and Closed
V Models –Determination of Equilibrium Prices – Determination of Value 14
Added - Hawkins and Simon Conditions – Leontief Dynamic System –
Limitations of Input-Output Analysis.
Text Book:
1. Madnani G M K and Mehta B C Mathematics for Economics, Sultan Chand &
Sons, New Delhi, 2016.
Reference Reference Books:
1. Allen RGD, Mathematics for Economics, Macmillan, New Delhi, 2008.
2. Chiang Alpha C and Kevin Wainwright, Fundamentals of Mathematical
Economics, Tata McGraw Hill, 2017
 On Completion of the course, students should be able to

Course CO1:Familiar with the mathematical concepts.

Outcomes CO2:Simplify and perform operations with progressions, relations and sets.
CO3:Identifyand apply basic Geometry and Matrix to solve the problems in
Economics.
Course Code 18ECU03 / 18MAU03/18MCU04 ACCOUNTANCY – I
Title
Class B.A. Economics/ Semester I
B.Sc. Mathematics / B.Sc. Mathematics
with CA

Course The Course aims to

Objectives  Impart knowledge on the concepts, conventions and principles of
accounting.
 Develop knowledge on preparation of subsidiary books.
 Familiarize to rectify the errors and provide adequate knowledge to
 prepare Bank Reconciliation Statements.
 Build knowledge on the preparation of Final accounts.
 Expose the accounting treatment for Account Current and Average due
date.
SYLLABUS

UNIT Content No. of

Hours
Accounting Concepts and Conventions
I Accounting Definition – Objectives - Uses and Limitations -Principles 14
Concepts and Conventions – Journal – Ledger- Trial Balance.

Subsidiary Books
II Purchase Book - Sales Book - Purchase Returns Book - Sales Returns 14
Book - Bills Payable Book - Bills Receivable Book- Cash Book- Double
Column, Triple Column Cash Book – Petty Cash Book.
Bank Reconciliation Statement and Rectification of Errors
III Bank Reconciliation Statement – Debit Balance - Over Draft Balance, 14
Rectification of Errors - Suspense Account.
Final Accounts
IV Final Accounts of Sole Trading Concerns – Trading Account – Profit 15
and Loss Account – Balance Sheet – Adjustment Entries.
Average Due Date and Account Current
V Average Due Date - Account Current –Various Methods of Calculation 15
of Interest – Red Ink Interest.
Distribution of Marks : 80% Problems and 20% Theory
 Text Books
1. Grewal T.S, “Introduction to Accountancy”, 6th Ed., S.Chand and Co.Ltd.,
New Delhi.
2. Reddy T.S. and Murthy A, “Financial Accounting”, 2nd Ed., Margham
Publications, Chennai.
References
Reference Books
1. Jain S.P. and Narang K.L, “Advanced Accountancy” 12th Ed., Volume I ,
Kalyani Publishers, New Delhi.2014
2. Gupta R.L.andRadhasamy,“Advanced Accountancy”, 5th Ed., Sultan Chand
and Sons ,New Delhi, 2012
On completion of the course, students will be able to
CO 1:Apply the concepts and convention in the preparation of Trial Balance.
Course CO 2:Prepare subsidiary books.
Outcomes CO 3:Identify the errors to rectify them and also reconcile cash and bank statements.
CO 4:Compile and prepare Final accounts of a Sole trading concern.
CO5:Calculate Average due date and prepare Account Current.
Course Code & Title 19ECU04 MICRO ECONOMCS- II
Class IBA Economics Semester II
Course The Course aims
Objectives  To provide a foundation of key microeconomic principles, covering some
of the most important topics, concepts and methods used in modern
microeconomic analysis.
 To enable the students to apply economic reasoning to the analysis of
selected contemporary economic problems.

SYLLABUS
No.of
Unit Content
Hours
Theory of Firm, Cost and Revenue
Meaning of the firm and industry - The Firm – Objectives of the Firm -
Different models of objectives of the firm – Baumol, Morris and Williamson –
Cost Concepts – Cost-Output Relationship: Short run and Long-run –
I 15
Relationship between AC and MC Curves– Envelope and L Shape of Long Run
Average Cost- Economies and Diseconomies of Scale - Revenue Concepts- AR,
MR and TR and their relationship in the Perfect Competition and Imperfect
Competition
Market Price I
Introduction- Meaning – Definition -Market Structure - PerfectCompetition:
Features - Price Determination - Short-run Equilibrium and Long-run
II Equilibrium of the Firm – Monopoly : Price and Output Determination under 15
Monopoly in short run and long run - Price Discrimination under Monopoly-
Bilateral Monopoly- Regulation of Monopoly through Taxation (Specific Tax
and Lump Sum Tax).
Market Price II
Monopolistic Market: Features – Equilibrium of the Firm under Monopolistic
Competition in the short run and long run – Equilibrium with Selling Cost –
III Excess Capacity- Chamberlin Large Group Model - Oligopoly: Features – 14
Kinked Demand Curve Paul Sweezy Model of Oligopoly - Price and Output
Determination in Collusive Model -Price Leadership Model – Duopoly :
Cournot‟s Model, Chamberlins‟ Model and Edgeworth Model.
Theory of Factor Pricing I
Introduction- factor pricing -Marginal Productivity Theory of Distribution –
Modern Theory of Distribution - Labour – Characteristics of Labour – Optimum
IV Theory of Population -Theories of Wage: Subsistence Theory, Wage Fund 14
Theory and Residual Claimant Theory - Collective Bargaining. Land as a
Factor of Production- characteristics – Rent – Types of Rent -Ricardian Theory
of Rent – Modern Theory of Rent – Quasi-Rent
 Theory of Factor Pricing II
Capital– Interest - Theories of Interest: Classical Theory, Loanable Funds
Theory and Keynesian Theory of Liquidity Preference Theory- Modern
V 14
Theory of Hicks and Hanson. Organisation as a Factor of Production -
Profit – Theories of Profit: Classical Theory, Walker‟s Theory, Knight‟s
Theory and Schumpeter‟s Innovation Theory.
References Text Book:
1. Dwivedi D.N., Micro Economics Theory and Applications, Vikas Publishing, New
Delhi, 2016.
Reference Books:
1. Ahuja H.L, Principle of Economics, S. Chand, New Delhi, 2016.
2. Jhingan M.L, Micro Economic Theory, Vrinda Publications, New Delhi, 2017.
3. Alfred Stonier W, Douglas Hague C, A Textbook of Economic Theory, Eastern
Book Company, 5th Edition, 2015.
Course On Completion of the course, students should be able to
Outcomes CO1:Identify the costs of production and how profit-maximizing firms determine how
much to produce. Be able to distinguish between long-run decisions and short-run
decisions.
CO3:Analyze the major characteristics of different market structures and the implications
for the behavior of the firm.
CO4:Understand the theories of rent, profit, interest and wages
 Course Code & Title 19ECU05 MATHEMATICAL METHODS- II
Class I BA Economics Semester II
Course Objectives The Course aims
 To familiarize mathematical method such as (Differential and
Integral Calculus)
 To make the students apply Mathematics tools in Economics
tools

SYLLABUS
No. of
Unit Content
Hours
Differentiation Rules
Differential Calculus – Rules-Relation to Marginal Analysis –Rules of
Differentiation – First and Second Order Condition of Maximum and Minimum
I 15
Values – Relation between Average and Marginal Cost Curves - Total, Average
and Marginal Revenues – Elasticity of demand- Application of Differential
Calculus in Economics.
Differentiation
Partial Differentiation–Optimism Rules– Partial Derivatives of Second Order
II 15
–Cross Partial Derivatives of Second Order – Optimisation without
constraint - Application in Economics.
Total Derivative
Total Derivative- Total Differential- Implicit function rule- Linear homogenous-
III 14
Eulers Theorem- Cobb-Douglas production function- Properties- Optimization
with constraint- Application in economics
Integral Calculus
Integration – Simple Integration – Rules of Integration – Methods of Integration –
IV Integration by Parts – Definite and Infinite Integrals – Properties of Definite 14
Integrals – Applications in Marginal and Total Analysis - Consumer Surplus –
Producers‟ Surplus.
Linear Programming and Game Theory
Linear Programming - Meaning – Graphical Solution to Linear Programming
V Problem – Concept of Duality - Uses of Linear Programming – Game Theory: 14
Classification and Description of Games - Pure and Mixed Strategies - Maximin
and Minimax – Saddle Point Solution – Solving Games with Mixed Strategies..
References Text Book:
1. Madnani G M K and Mehta B C Mathematics for Economists, Sultan Chand&
Sons, New Delhi, 2016.
Reference Books:
1. Allen RGD, Mathematics for Economics, Macmillan, New Delhi, 2005.
Chiang Alpha C and Kevin Wainwright, Fundamentals of Mathematical Economics, Tata
McGraw Hill, 2017
Course
Outcomes On Completion of the course, students should be able to
CO1:Acquire the ability to interpret differential equations qualitatively and quantitatively.
CO2: Apply the technique of Game theory and Input output analysis in the field of
production and marketing in the business.
Course Code & 18ECU06 / 18MAU06/18MCU08 ACCOUNTANCY – II
Title
Class B.A. Economics/ Semester II
B.Sc. Mathematics/ BSc Mathematics
with CA
Course The Course aims to
Objectives  Familiarize the accounting treatment for consignment transactions.
 Build knowledge on the accounting methods applicable for Joint
venture.
 Develop the knowledge of accounts for non-trading concern.
 Impart knowledge on depreciation accounts.
 Provide accounting knowledge for Hire purchase and Royalty
transaction.

No. of
UNIT Content
Hours

I Consignment Accounts 14
Accounting Entries in the Books of Consignor - Consignee – Valuation of Closing
Stock – Cost Price Method – Invoice Price Method.
Joint Venture Accounts
II Accounts Maintained by one Co-Venturer – By all Venturers Memorandum 14
Joint Venture Account -Separate Set of Books.
Accounts of Non- Trading Concerns
III Receipts and Payments Account – Income and Expenditure Account - Balance 14
Sheet.
Depreciation
IV Meaning – Objectives - Causes – Straight Line Method – Diminishing Balance 15
Method - Annuity Method – Sinking Fund Method.

Hire Purchase and Royalty Accounts

V Hire Purchase Accounts – Default and Repossession (Excluding Hire Purchase 15
Trading Account) Royalty Accounts – Minimum Rent Account – Short
Working Account (Excluding Sub Lease)
Distribution of Marks : 80% Problems and 20% Theory
References Text Book
1. Grewal T.S, “Introduction to Accountancy”, 6th Ed., S.Chand and Co.Ltd.,
New Delhi
Reference Books
1. Jain S.P. and Narang K.L, “Advanced Accountancy” 12th Ed., Volume I,
Kalyani Publishers, New Delhi.
2. Gupta R.L.andRadhasamy,“Advanced Accountancy”, 5th Ed., Sultan Chand
and Sons ,New Delhi.

Course On completion of the course, students will be able to

Outcomes CO 1: Compile and prepare the accounts relating to consignment business.
CO 2: Apply the knowledge of accounting in the business related to joint
venture.
CO 3: Prepare the final accounts of non-trading concern.
CO 4: Calculate Depreciation and Prepare depreciation accounts.
CO5: Pass the entries in the books of seller and hire purchaser as well as in
the books of lessor and lessee.
 B.A., ECONOMICS PROGRAMME
SCHEME OF EXAMINATIONS
(For students admitted from 2018 - 19 & onwards)
(from Third to Sixth Semesters)
Exam Max. Marks
Credit
Code No. Subject Duration
CA CE Total Points
(Hrs)
Third Semester
Part - I
18LAU03 Tamil/Hindi/French III 3 25 75 100 3
Part –II
Communicative English- III
18EU03 Developing English Language Skills 3 25 75 100 3
through Literature
Part III
19ECU07 Core Course :Macro Economics 3 25 75 100 5
19ECU08 Core Course :Business Analytics 3 25 75 100 5
Interdisciplinary Course:
19ECU09 3 25 75 100 4
Statistical Methods - I
Part – IV
Ability Enhancement Compulsory
19AECU02 3 100 - 100 2
Course – II :Environmental Studies
Fourth Semester
Part – I
18LAU04 Tamil/Hindi/French -IV 3 25 75 100 3
Part – II
Communicative English - IV
18EU04 3 25 75 100 3
English for Career
Part – III-
19ECU10 Core Course :Computer Applications 3 25 75 100 5
19ECU11 Core Course : Monetary Economics 3 25 75 100 4
Interdisciplinary Course: Statistical
19ECU12 3 25 75 100 5
Methods - II
Part – IV-
18SECU01 Skill Enhancement Course – I
- 100 - 100 2
Information Security
On the Job Training for 21 days During Summer Vacation
 Exam Max. Marks
Credit
Code No. Subject Duration
CA CE Total Points
(Hrs)
Fifth Semester
Part - III
19ECU13 Core Course : Agricultural Economics 3 25 75 100 4
19ECU14 Core Course : Fiscal Economics 3 25 75 100 4
19ECU15 Core Course :International Economics 3 25 75 100 4
19ECU16 Core Course :Basic Econometrics 3 25 75 100 4
Discipline Specific Elective Course I
19ECU17(A) Economic Development and Planning
3 25 75 100 4
19ECU17(B) (OR)
Indian Economy
19ECU18 Core course : Project Work (Group) - 40 60 100 3
Part – IV
Generic Elective Course-EDC5
19GECEDC Economics-Current trends in Indian - 100 - 100 2
Economy
Skill Enhancement Course - II :Online -
18SECU02 - 100 100 2
Test - [General Awareness] 1½
Sixth Semester
Part – III
19ECU19 Core Course : Industrial Economics 3 25 75 100 4
19ECU20 Core Course :Environmental Economics 3 25 75 100 4
19ECU21 Core Course :Labour Economics 3 25 75 100 4
Core Course :Economics for
19ECU22 3 25 75 100 4
Globalization
Discipline Specific Elective Course II :
19ECU23(A) Entrepreneurship Development
3 25 75 100 4
(OR)
19ECU23(B) Regional Economics
19ECU24 On the Job Training - 100 - 100 3
 No. of Credit
PART - V Semester No.
Papers Points
NCCC-Non CGPA Credit Course:(a) NCC/NSS/Sports/Dept. I –VI
- 2
Activity-Extension Activity Semesters
NCCC- Non CGPA Credit Course-(b)
Career Oriented Programme (Add-on Course) / Women‟s Studies / I –VI
- 2
Extra Paper / Certificate or Diploma course in Yoga for Youth Semesters
Empowerment
NCCC- Non CGPA Credit Course-(c) Any one on-line course – I –VI
1 4
MOOC’s subjects* Semesters
Grand Total 144

Generic Elective Course (EDC) – Cluster – II

19GECECU - Current Trends in Indian Economy for (Psychology, Nutrition & Dietetics,
Statistics, Biochemistry, Botany, Zoology & Corporate Secretaryship)
Course Code & Title 19ECU07 MACRO ECONOMICS
Class II BA Economics Semester III
The Course aims
 To provide an introduction about the macroeconomic variables like
Course Objectives
employment, consumption and investment to got an exposure on
ISLM function and Trade Cycles.

SYLLABUS
No. of
Unit Content
Hours
Introduction to Macro Economics
Definition of Macro Economics – Interaction of Micro and Macro
Economics – Stock and Flow Variables – Nature and Scope of Macro
I Economics – Economic Growth and Economic Development – National 15
Income – Concepts (GDP, GNP, NNP, PCI and DPI) – Methods of
estimating National Income – Problems in the Measurement of National
Income - Importance of National Income Analysis.
Theory of Employment and Output
Classical Theory of Employment and Output – J B Say‟s Law of Market –
Assumptions and Criticisms – Pigou‟s Theory on Wages and Employment -
II Keynesian Theory of Employment and Output: Aggregate Demand 15
Function and Aggregate Supply Function – Determination of the
Equilibrium Level of Effective Demand – Criticisms of Keynes Theory of
Employment – Application of Keynesian Theory in Developing Countries.
Consumption and Savings
Consumption - Consumption Function – Importance of Consumption
Function – Measures of Consumption (APC and MPC) – Factors
III Influencing Consumption Function - Keynes Psychological Law of 15
Consumption - Theories of Consumption Absolute, Relative, Permanent
and Life Cycle Hypotheses – Saving Function – Factors affecting Saving –
Relationship between Savings and Investment.
Investment Function
Meaning and Types of Investment – Factors affecting Investment –
Marginal Efficiency of Capital – Concept of Multiplier – Super Multiplier –
IV Lekages of Multiplier – Types of Multiplier – Multiplier Effects in 13
Underdeveloped Economies – Concept of Accelerator – Working of
Accelerator – Criticism of the Acceleration Principle - Interaction of
Multiplier and Accelerator
General Equilibrium and Trade Cycle
Concept of General Equilibrium – Derivation of ISLM Function –
V Trade Cycle: Meaning – Different Phases and Causes of Trade Cycle – 14
Theories of Trade Cycle – Hawtrey‟s Monetary Theory – Hayek‟s
Theory of Trade Cycle - Keynes Theory of Trade Cycle.
 Text Book:
1. Vaish M C, Macro Economic Theory, Vikas Publishing House, New Delhi,
2010.
Reference Books:
1. Gupta R D, Keynesian and Post Keynes Economics, Kalyani
References Publications, New Delhi, 2013
2. Shapiro Edward, Macro Economic Analysis, Galgotia Publications, New
Delhi, 2015
3. Agarwal H S, A Textbook of Economic Analysis, Ane Books, New
Delhi, 2010
On Completion of the course, students should be able to
CO1: Understand the nature of macro economics and analyze the importance of
national income estimation of a country.
Course
CO2: Acquire the knowledge about the employment and output theory in macro
Outcomes
economics.
CO3: Analyze the various theories related to consumption and investment.
CO4: Acquire the knowledge of the theories of business cycle and distribution
Course Code & Title 19ECU08 BUSINESS ANALYTICS
Class II BA Economics Semester III
Course Objectives The Course aims
1. To introduce and make the students to understand the Concepts
of, Approaches to and Data Model for Business Analysis.
2. To get an idea about the software tools involved in Business
Analytics.
3. To apply the software in Financial and Economic analysis,
Forecasting and in online data.

SYLLABUS
No.of
Unit Content
Hours
Fundamentals of Business Analysis and Business Analytics
Business Analysis: Definition - Role of Business Analysis - Overview of Business
I Analysis Activities - Objectives of Business Analysis - Business Analytics – 12
Meaning - Evolution of Business Analytics – Scope of Business Analytics –
Software Support – Data for Business Analytics.
Use of IT in Business Analysis
Business view of Information Technology Applications – Business Enterprises:
II Organization, Functions and Core Business Processes – Enterprise Applications: 12
ERP - CRM – Requirements – Business Intelligence: Component and Framework –
Applications – BI Roles and Responsibilities.
Data and Data Modelling for Business Analysis
Data – Digital Data - Types of Digital Data - Need for Data Warehouse – Data
III Sources – Data Integration - Approach to Data Integration – Data Quality – Data 12
Profiling – Data Modelling Basics: Terms and Types – Big Data – Business
Analytics in Practice.
Analytics on Spreadsheet: Functions and Features
Basic Excel Skills – Formulas – Functions – Logical Function - Look up Functions
IV - Add-ins for Business Analytics - Visualizing and Exploring Data – Creating 14
Charts in Microsoft Excel - Data Queries - Pivot Tables – Pivot Chart – Statistical
Methods of Summarizing Data.
Analytics on Spreadsheet: Financial and Economic Analysis
Descriptive Analytics: Descriptive Statistics – Mean, Range, Variation, Standard
Deviation, Correlation and Trend Line. Economic Analysis - Growth Analysis and
V Forecasting: National Income – Population Estimation - Import and Export and 15
FDI. Financial Analysis: Present Value – Future Value – Break-even Analysis –
Introduction to OLTP and OLAP.
Case Studies: A) Business Analysis of Flipkart B) Business Analysis of Amazon.
Text Books
1. R.N Prasad and Seema Acharya, Fundamental of Business Analytics, Wiley India, New
Delhi, 2015.
 2. James Evans, Business Analytics: Methods, Models and Decision, 2nd Edition, Pearson
Education, Noida, 2017.
Reference Books
1. Danielle Stein Fairhurst, Using Excel for Business Analysis: A Guide to Financial Modelling
Fundamentals, Wiley India, New Delhi, 2015.
2. Jeffrey D. Camm, James J. Cochran, Michel J. Fry, Jeffrey W. Ohlmann, David R. Anderson,
Dennis J. Sweeney, Thomas A. Williams, Essentials of Business Analytics, Cengage
Learning, Delhi, 2015.
Course Outcomes
On completion of the course, the students will be able to
1) Understand the fundamentals of business analysis as well as approaches to business analytics.
2) Handle data and software specific to Descriptive Statistics, Financial Analysis and
Business/Economic Analytics.
3) Analyse Online Data and Business Analytics in Practice.
Course Code & Title 19ECU09 STATISTICAL METHODS-1

Class II BA Economics Semester III

The Course aims
Course Objectives  To provide an introduction tostatistics and the working of correlation
and regression.
SYLLABUS
No. of
Unit Content
Hours
Introduction to Statistics
Meaning – Definition – Characteristics of statistics – Scope and limitations of
Statistics – Collection of Data- Primary Data and Secondary Data – Method
of Collecting Primary Data – Drafting Questionnaire – Interview Schedule -
I 13
Source of Secondary Data – Precautions in the use of Secondary Data. –
Sampling and Sample Designs- Census Method – Sampling Method –
Different types of Sampling – Size of Sample – Sampling and Non Sampling
errors.
Classification and Tabulation of Data
Meaning – Objectives of classification- Types of classification – Formation
of Frequency Distribution – Cumulative Frequency – Tabulation of Data:
II Parts and Types of Table – Diagrammatic and Graphic Representation – 11
General Rues for constructing Diagram – Types of Diagrams – Bar and Pie
Diagram – Graphs of Frequency Distribution – Histogram – Frequency
Polygon – Ogives.
Descriptive Statistics
Definition of Average - Objectives – Mean – Median – Mode- Geometric
III Mean – Harmonic Mean – Measures of Dispersion – Definition- Range – 12
Quartile Deviation – Mean Deviation – Standard Deviation – Co-efficient of
Variation – Lorenz Curve
Skewness, Moments and Kurtosis
Definition of Skewness – Symmetrical, Asymmetrical: positive and negative
skewness – Measures of Skewness – Absolute Measure of skewness –
IV 12
Relative Measure of Skewness – Karl Pearson „s –Bowley‟s co-efficient of
skewness – Kelly‟s coefficient of skewness- Moments: Meaning –
Computation of Moments – Kurtosis- Meaning – Measures of kurtosis.
Correlation and Regression Analysis
Meaning – Definition - Types of Correlation –Significance of the study
of correlation – Types of Correlation –Methods: Scatter Diagram –
V Graphic Method- Karl Pearson Coefficient of Correlation – Rank 12
Correlation – Regression Analysis – Definition- Difference between
correlation and regression – Regression Lines – Regression Equation of
Y on x. Regression Equation of X on Y – Uses of Equation.
 Text Book:
1. Gupta S.P, Statistical Methods, Sulthan Chand & Sons, New Delhi, 2015.
References Reference Book:
1. Pillai R S N and Bagavathi, Statistics: Theory and Practice, S.Chand, New
Delhi, 2016.
On Completion of the course, students should be able to
Course
CO1: Analyze the descriptive statistics of the variables.
Outcomes
CO2:Apply the correlation and regression analysis to economic problems.
 Course Code & Title 19ECU10 COMPUTER APPLICATIONS
Class II BA Economics Semester IV
 To help the students to understand computer operating systems and
word processing
Course Objectives  To make the students understand MS Excel and its application
 To involve the student in the preparation and presentation and in the
use of Internet

SYLLABUS
No. of
Unit Content
Hours
Introduction to Computers
Computer – Meaning - Characteristics of Computers – History and
I Generation of computer - Block diagram of Computer – Classification of 15
Computers and their Applications – Input and output devices – Primary
memory and secondary storage – Computer Hardware and software.
Operating Systems
Operating systems overview - Objectives and Functions, Evolution of
II Operating System -Types - Windows Introduction – Working with Window 15
– Copying, Creating, Deleting Files and Folders in Windows – Windows
Application – Programme – MS Office – Word, Excel and Power point.
Word Processing
MS Word 2007 – Word Basic Tool Bars - Overview of Word Menu options
– Working with Ribbon, Tabs, Groups and Buttons - Creating a new
III document – Manipulation of the first document – Editing the document - 15
Inserting a table, graph, image and video – Inserting Header, Footer and
Page number – Inserting equations (equation editor) – Inserting, Activating
and Deactivating a Hyperlink - Mail Merge
Ms Excel
MS Excel 2007 – Excel environment – Excel toolbars – Insertion of rows
and columns – Entering data/text – Editing data/text. Data – Autofill–Sort –
Filter - Creation of charts and graphs – Manipulation of Data – Formula
IV 13
Syntax - Entering and editing Formula – AutoSum- Insert Functions -
Mathematical, Statistical and Financial – Descriptive statistics - Correlation
and Regression using data analysis ToolPak – Trend Lines: Linear and Non-
Linear – Growth Rate
Preparation of Presentations and Internet
PowerPoint 2007 –Introduction to PowerPoint–creating a new presentations
–using autocontent wizard –using blank presentation option –using design
template option –adding slides –deleting /duplicating a slide –inserting
V 14
/importing images, videos, graphs –transition / animation effects - starting a
slide show - Internet - Basic Internet Terminologies – Electronic Mail –
Browsing the web – Utilities – Tools and Techniques Creating, Sending and
Receiving email – Social Networks – Overview of Open Source Softwares
References Text Books
 1. Arora Ashok (2015), Computer Fundamentals and Applications, Vikas Publishing,
New Delhi
2. Shelly B Gary (2007), Microsoft Office 2007: Advanced Concepts and
Techniques, Cengage Learning, Delhi.
Reference Books
1. Rajaraman, V and AdabalaNeeharika(2015), Fundamentals of Computers,
Prentice Hall of India, New Delhi.
Norton P, (2017), Introduction to Computers, 7th Edition, Tata Mc Graw Hill, New
Delhi.
At the end of the course the students will be able to
Course 1. Get a basic idea about computers and their operating systems
Outcomes 2. Understand the technique of MS Excel and its application
3. Prepare and present the matter by effectively using Internet
Course Code & Title 19ECU11 MONETARY ECONOMICS
Class II BA Economics Semester IV
The Course aims
 To provide an insight into recent approaches to the theory of
monetary policy, monetary policy operating procedures and the
Course Objectives
central banking mechanisms.
 To enable students to identify the links between monetary
policy, financial markets and the real economy.

SYLLABUS
No. of
Unit Content
Hours
Nature and Significance of Money
Money in Economic system- Definition of Money – Functions of
Money – Static and Dynamic role of Money – Circular Flow of
I 12
Money – Monetary Standards – Gold Standard – Paper Currency
Standard – Principles of Note Issue – RBI Measures of Money
Supply
Quantity Theory of Money
Fisher‟s Quantity Theory of Money – Assumptions – Cash Balance
Approach (Cambridge Equations) – Equations of Marshal, Pigou,
and Keynes contribution to quantity theory– Similarities and
dissimilarities of Cash Balance and Cash Transaction Approaches -
II 12
Income and Expenditure Theory – Superiority of Income and
Expenditure Theory – Demand for Money: Classical Approaches
and Liquidity preference Approach- Supply of Money: Meaning-
Determinants of Money supply- Measures of Money supply in
India.
Inflation and Deflation
Meaning – Types – Causes of Inflation – Demand Pull and Cost
III Push Inflation – Inflationary Gap – Phillips Curve – Effects of 12
Inflation – Deflation – Causes – Measures to control Inflation and
Deflation – Stagflation
Commercial Banking and Financial Markets
Functions of Commercial Banks –Functions and Operations of
Credit Creation - Meaning and Constituents of Money Market –
Features of Capital Market – Institutional Structure of Capital
IV 12
Market –Primary Market- Secondary Market – Concept of
Securities, Shares, Bonds, Sensex, Nifty, NSE, London Stock
Market- Indian Capital Market - Non-Banking Financial
Intermediaries.
Central Banking and Monetary Policy
Central Bank – Functions - Organization – Instruments of
V 12
Credit Control- Recent Policy changes in RBI- Monetary
Policy: Meaning, Objectives and Operating procedures
 ofMonetary Policy in India-Demonetization of 2016 -
Limitations - Monetary Policy in a Developing Economy.
Text Book
1. Jhingan M L, Monetary Economics, Vrinda Publications, New Delhi, 2012
Reference Books:
References 1. Sethi T T, Monetary Economic Theory, S. Chand & Co, New Delhi,
1999.
2. Mithani D N, Money Banking & International Trade, Himalaya
Publishing House, Mumbai, 2016.
On Completion of the course, students should be able to

Course CO1: Analyze the role of money in the economy

Outcomes CO2: Understand the theory of monetary policy, monetary policy operating
procedures and the central banking mechanisms.
Course Code &
1 19ECU12 STATISTICAL METHODS- II
Title
Class II BA Economics Semester IV
The Course aims
 To provide an introduction about the statistical tools and working out
Course
the index numbers and time series.
Objectives
 To enable the students to apply statistical tools to the economic
problems.

SYLLABUS
No. of
Unit Content
Hours
Index Numbers
Meaning – Definition – Uses of Index Numbers – Problems in the
construction of Index Numbers – Methods of Constructing Index numbers:
I Unweighted Index Numbers – Weighted Index Numbers – Test of 12
Adequacy of Index Number Formula – Time Reversal Test, Factor
Reversal Test – The Chain Index Numbers – Consumer Price Index
Numbers : Aggregate Expenditure Method and Budget Method
Time Series Analysis
Definition – Utility of Time Series Analysis – Components of Time Series
II 12
– Measurement of Trend: Free hand or Graphic Method, Semi – Average
Method – Method of Moving Average – The Method of Least Squares
Probability Theory
Definition – Classical or a Priori probability – Relative Frequency Theory
III of Probability – Subjective and Axiomatic Approach to probability – 12
Concept of Probability – Theorems of Probability : Additional Theorem –
Multiplication Theorem
Theoretical Distribution & Test of Hypothesis
Binomial Distribution – Poisson Distribution – Normal Distribution
(properties) – Procedure of Testing Hypothesis – Two Types of Errors in
IV 12
Testing Hypothesis – One Tailed Test and Two Tailed Test – Standard
Error and sampling distribution – Test of Significance for Attributes – Test
and significance for Large and Small Samples (Student‟s t-Distribution).
Chi-square Test, F test and Analysis of Variance
Definition of Chi-square – Degrees of Freedom – Constants of Chi-square
Distribution – Chi-square Test where degrees of Freedom exceed 30 –
Conditions for applying Chi-square Test – Yates correction – Grouping
V 12
when individual frequencies are small – Uses of Chi-square Test – The F
test or Variance Ratio test – Analysis of Variance (ANOVA) –
Assumptions of Analysis of Variance – Technique of Analysis of variance
– One way classification – Two way Classification Model.
 Text Book:
1. Gupta S.P, Statistical Methods, Sultan Chand & Sons, New
Delhi, 2015.
References
Reference Books:
1. Pillai R S N and Bagavathi, Statistics: Theory and Practice,
S.Chand, New Delhi, 2016.
On Completion of the course, students should be able to

Course CO1: Apply statistical tools to the macro economic problems.

Outcomes CO2: Understand basic probability theorems and the interpretation of Chi-square
test, F-test and Analysis of Variance.
 Course Code &
19ECU13 AGRICULTURAL ECONOMICS
Title
Class III BA Economics Semester V
The Course aims
 To demonstrate the issues in agricultural economics and farm
management.
Course Objectives  To enable the students aware of the significance of agricultural
economic theories.
 To provide an introduction about the concept of agricultural finance
and marketing.

SYLLABUS
No. of
Unit Content
Hours
Nature and Scope of Agricultural Economics
Agricultural Economics- Definition, Theories and Policies – Chronic and
Intractable problems of Agriculture: Land – Cropping Pattern- sources of
I irrigation – concept of food security – food self-sufficiency and food security 15
in India , Labour in Agriculture: Demand and Supply of Labour- Agriculture –
Industry interaction and relations- Role of Agriculture in the national
economy.
Factors and Resource Use in Agriculture
Capital in Agriculture: Classification – Theory of Circuit of Capital – Factor –
Factor Model: Economics of Optimum Combinations of Resources – Factor
II 15
Substitution: Fixed Proportions, Combinations of Inputs – Constant rate of
Substitution and Varying rate of substitution- Agricultural Productivity:
Causes, Measures to increase Agricultural Productivity.
The Factor- Product Model and Product-Product Model
Production Function : Meaning and Importance – Measuring Cost Functions –
Production Costs – Laws of Returns – Cost Minimization – Constant Returns
(Cobb-Douglas Production Function) – Diminishing Returns – Increasing
III 15
Returns. Product-product Model: Contribution of Agriculture – Economics of
Cropping Pattern – Production Possibility Curves: Concave & Convex –
Complementary, Supplementary and Competitive Product-product
relationship – Maximization of Profits: Total Revenue and Total Cost Method.
Farm Management
Meaning of Economic holding – size, Pattern of operational holdings in India-
Farm size and productivity- Problems of size distribution and fragmentation-
causes for low productivity – co-operative farming – precision farming –
IV 13
organic farming- Farm Size and Productivity Controversy – Determination of
Prices of Agricultural Products in the imperfect Market – Cobweb Theorem –
Price Spread – Marketable Surplus and Marketed Surplus – Mathur – Ezekiel
Hypothesis – Farm Budgeting: Partial and Complete
Agricultural Finance and Marketing
V 14
Agricultural Finance: Need, Sources of credit for Indian farmers- Multi-
 agency approach - Cooperative Credit Societies- Commercial banks -
Regional Rural Banks- NABARD- Agricultural Marketing in India –
Measures to improve the system of Agricultural Marketing – Co-operative
Marketing- Regulated Markets –M. S. Swaminathan Committee Report
(NCF) Agricultural prices – Minimum support price – Procurement Price –
Food Corporation of India.
Text Book:
1. Shrivastava O.S. Theories and Policy Issues of Agricultural Economics, Anmol
Publications, New Delhi, 2010.
Reference Books:
References 1. Puri V.K. Misra S.K. Indian Economy Himalayas Publishing House, 2014.
2. Agarwal A.N., Indian Economy, New Age International Limited, Publishers,
2009.
3. RuddarDatt& KPM Sundaram, Indian Economy, S.Chand, New Delhi, 2013.
On Completion of the course, students should be able to
CO1: Acquire the knowledge of agricultural economicS theories including production
Course
function theories and cost function theories.
Outcomes
CO3: Analyze the importance of Economic farming, organic farming, precision
farming.
 Course Code & Title 19ECU14 FISCAL ECONOMICS
Class III BA Economics Semester V
The Course aims
 To provide an introduction to public finance law and policy; tax
Course Objectives
policy principles; and tax reform of fiscal policy.
 To familiarize the students with Budget and Federal Finance

SYLLABUS

No. of
Unit Content
Hours
Meaning and Scope of Fiscal Economics
Meaning- Definition- Scope and Importance of Fiscal Economics
I - Instruments of Public Finance -Public Finance and Private 12
Finance - Principle of Maximum Social Advantage – Views of
Dalton, Pigou and Musgrave.
Public Revenue
Sources of Public Revenue - Tax and Non-Tax Revenue - Meaning
and Characteristics of a Good Tax - Classification of Taxes -
II 12
Canons of Taxation – Direct and Indirect Taxes- Theories of
Taxation - Effects of Taxation - Income Tax - Sales Tax - Custom
Duties - Excise Duty - VAT- GST - Tax Incidence and Tax burden.
Public Expenditure
Meaning and Classification – Canons of Public Expenditure -
Development and Non-Development Expenditure - Expenditure on
Social Sector - Causes for Growth of Public Expenditure - Effects
III 12
of Public Expenditure – Principles of Financial Administration –
Public Accounts Committee – Estimates Committee – Committee
on Public Undertakings – Structure and Growth of Public
Expenditure in India - Economic Reforms and Public Expenditure.
Public Debt, Budget and Fiscal Policy
Meaning of Public Debt – Objective, Sources of Public Debt –
Classification of Public Debt – Redemption of Public Debt –
IV Growth of Public Debt in India - Budget: Meaning - Classification 12
– Preparation and Passing of Budget in India - Economic Reforms
and Budgeting– Objective and Methods of Fiscal Policy - Fiscal
Policy issues in India.
Federal Finance
Principles of Federal Finance – Causes of imbalance in the
allocation of Financial Resources – Forms of Inter -Governmental
V 12
Financial Transfers – Finance Commissions - Report of the three
latest Finance Commissions – Local Governments: Powers,
Resources and Administration.
Text Book:
References
1. Tyagi B.P, Singh H P, Public Finance, Jai Prakash Nath& Co, Meerat,
 2016
Reference Books:
1. Dalton Hugh, Principles of Public Finance, Routledge, London, 2009.
2. Tripathy R N, Federal Finance and Economic Development in India,
Sterling Publishers, New Delhi, 1981.
3. Vaish M C and Agarwa1H S, Public Finance, Wiley Eastern, New Delhi,
1992.
Hajela, T.N. Public Finance, Ane Books Pvt Ltd., New Delhi, 2015.
On Completion of the course, students should be able to

Course CO1: Demonstrate a good understanding of the fiscal framework for taxing and
Outcomes spending and of fiscal policy principles.
CO2: Analyze critically about the tax reforms and policy choices
Course Code &
19ECU15 INTERNATIONAL ECONOMICS
Title
Class III BA Economics Semester V
Course The Course aims
Objectives  To develop a systematic exposition of models that try to explain the
composition, direction, and consequences of international trade, and the
determinants and effects of trade policy.
 To provide an analysis of the economic relationships between
countries, covering trade and monetary issues.

SYLLABUS

No. of
Unit Content
Hours
Theories of International Trade
Meaning and importance of International Trade – International Trade Vs Inter-
Regional Trade (Similarities and Differences)- Tools: Production Possibility
Curve, Community Indifference Curves, Offer Curve and Box Diagram –
I 15
Theories of International Trade: Smiths Theory of Absolute Differences in
Costs, Ricardo‟s Theory of Comparative Difference in Costs – Modern theory-
Heckscher –Ohlin Theory,Paul Krugman – Maurice Obsfeld Model, Michael
Porter‟s Model.
Commercial Policy and Trade Strategies
Terms of Trade – Meaning and Concepts: Net Barter, Gross Barter, Income,
Real Costs Terms of Trade- Balance of Trade – Favorable Balance of Trade,
II 15
Trade Strategies: Free trade Vs Protection – Tariffs and Import Quotas –
Meaning and Types – Exchange Control: Meaning, Objectives and Methods,
Recent Changes in the Commercial Policy of India.
Exchange Rate and Balance of Payments
Exchange Rate: Meaning- Theories of Exchange Rate – Types - Mint Parity,
Purchasing Power Parity and Balance of Payment Theory – Types of Exchange
Rate – Official Rate, Market Rate, Fixed Rate, Floating Rate, Foreign
III 15
Exchange Market: Structure and Operations – Arbitrage, Balance of Payments:
Meaning and Concepts – Account – Current and Capital Account, Balance of
Payment Disequilibrium – Corrective Measures – Devaluation.

International Institutions and Trade Organizations

World Bank: A Brief Note – World Bank Group: IDA, IFC, MIGA,
IV International Monetary Fund: Origin – Working of the Fund – Foreign Aid: 14
Tied and Untied, Foreign loan, Grants, Regional Blocks: ADB, EU, UNCTAD,
SAARC, GATT - WTO and its Functions – TRIPS.
Foreign Trade of India
Trends and Growth- Composition and Direction of India‟s Foreign Trade –
13
V Import Substitution, Economic Reforms: A Brief Note on Liberalization,
Privatization and Globalization – Foreign Trade and Foreign Trade Policies in
 India - Balance of Payments in India – Foreign Exchange Reserves.
Text Book:
1. Jhingan M.L., International Economics, Vrinda Publications, New Delhi, 2016.
Reference Books:
References 1. Cherunilam Francis, International Economics, Vrinda Publications, New
Delhi, 2017.
2. Mithani D.M, International Economics: Theory and Practice, Himalaya
Publishers, 2017
On Completion of the course, students should be able to
CO1: Understand the main economic theories models of international trade.
Course
CO2: Analyze key issues raised both by WTO negotiations and by the spread of regional
Outcomes
trading arrangements concerning trade policies.
Course Code & Title 19ECU16 BASIC ECONOMETRICS
Class III BA Economics Semester V
Course Objectives The Course aims
 To provide an introduction about the basic concepts and applications
of econometrics.
 To enable the students to learn about the interrelationships among
the economic variables.
 To familiarize the students with the application of Econometrics
tools to problems dealt with in economic theory.

SYLLABUS

No. of
Unit Content
Hours
Introduction to Econometrics
Definition, Natureand Scope of Econometrics, Division in Econometrics,
Econometrics and Mathematical economics- Econometrics and Statistics,
I 12
Methodology of Econometrics.Two- Variable regression
analysis:Population Regression Function (PRF)-Sample Regression
Function.
Estimation
The method of Ordinary Least Squares- Principle- Assumptions-
Properties: - Linear, Unbiasedness, Minimum Variance- Co-efficient of
determination. R-Square, adjusted R-Square.Three- Variable Model:
II 12
Estimation (Basic Idea Only)-
Interval Estimation and Hypothesis Testing-Confidence Interval Test-
The test significance approach- the„t‟ test. Analysis of Variance- the „F‟
test.
Functional Forms of Regression Models
Double Log Model, Elements Semi Log Model, Compound growth rate -
III Linear Regression Model -Multicollinearity- Definition-Consequences- 12
Autocorrelation- Definition- Consequences- Remedial Measures
Detection- Durbin-Watson test.
Regression on Dummy Variables
Regression on One Quantitative variable and One Qualitative variable
IV with Two categories- uses of Dummy Variables.Auto Regressive and 12
Distributed Lag Model: Role of Lag in Economics- Reasons for Lag- Ad
Hoc Estimation of Distributed Lag Model
Simultaneous- Equation Model
Nature- Simultaneous Equation Bias- Structure and Reduced Form
V 12
Equations- Identification- Rank Order Conditions- Indirect Least Square
Estimation.
References Text Book:
1. Gujarathi N Damodar, Essentials of Econometrics, Mc Graw Hill,
Education, 2009.
Reference Books:
1. Frank, C.R., Jr. Statistics end Econometrics, Holt, Rienhart and
Winston, New York, (1971).
2. Goldberger, Arthur S, Introductory Econometrics, Harward University
Press, (1998).
3. Gujarathi N Damodar, Dawn C Porter, SangeethaGunasekar, Basic
Econometrics, Tata Mc Graw Hill, New Delhi, 2012.
4. Dhrymes, Phoebus J, Introductory Economics, Springer- Verlag, New
York, (1978).
5. Maddalla, G.S, Econometrics, Mc Graw Hill, New York, 1977.
Course On Completion of the course, students should be able to
Outcomes CO1: Conduct independent data analysis and inquiry using the tools of statistics
and econometrics.
CO3. Acquire an understanding of economic statistics, econometrics and its
application.
Course Code & Title 19ECU17A ECONOMICS OF DEVELOPMENT AND
PLANNING
Class III BA Economics Semester V
Course Objectives The Course aims
 To enhance the students with the knowledge about the concepts
and theories of economic development with persisting issues.
 To provide an overview of the important growth models and
determine the factors that contributes to economic growth.

SYLLABUS

No. of
Unit Content
Hours
Economics of Development: Concepts and Approaches
Introduction- Meaning of Economic Development and Economic
Growth- Indicators of Development: Economic Indicators-GDP,
GNP Per Capita, HDI, PQLI, and Social Indicators, Sustainable
I 15
Development: Policies and Measurement, Concept of Under
Development – General Characteristics of an Under developed
Country, Economic and Non- economic Factors of Economic
Growth.
Theories of Economic Growth
The Classical Theory- A Critical Appraisal, The Marxian theory –
II Rostow‟s Stages of Economic Growth – Schumpeterian Theory – 15
Nurkse Theory – Lewis Theory of Unlimited Supplies of Labour –
The Doctrine of Balanced Growth and Unbalanced Growth..
Theories of Economic Development
The Harrod –Domar Model – Kaldor Model of Distribution – Joan
III Robinson‟s Model of Capital Accumulation – Meade‟s Growth 15
Model – Solow Model of Long-run Growth - Mahalanobi‟s Model
(Two Sector Model) – Growth Model of Indian Plan.
Economic Planning– I
Meaning and Objectives of Economic Planning – Advantages of
IV Economic Planning – Types of Planning, Planning Techniques: 14
Input-Output Analysis, Incremental Capital - Output Ratio, Choice
of Techniques, Transfer of Technology, Investment Criteria.
Economic Planning – II
The Structure of Indian Plan – Five Year Plans in India- NITI
V Aayog – Public Sector – Disinvestment Policies in India – Export 13
led Strategies– Persisting Issues in India: Poverty, Unemployment -
MGNREGA, Economic Inequalities.
References Text Book:
1. Jhingan M.L., The Economics of Development and Planning, Vrinda
Publications, New Delhi, 2014.
Reference Books:
1. Dewett K.K. and SatishWadhawan, Economics of Growth and
Development, S.Chand and Co., New Delhi, 1985.
2. Madan Mohan (ed), Planning and Development, Omega Publications, New
Delhi, 2007.
Course On Completion of the course, students should be able to
Outcomes CO1: Discuss the important theories and models in economic development and
their policy implications.
CO2: To analyze and describe the features of less developed economies and the
importance of planning
Course Code & Title 19ECU17 (B) INDIAN ECONOMY
Class III BA Economics Semester V
Course Objectives The Course aims
 To provide an overview of the economic indicators and policy
debates in India, starting from the pre-independence period and
continuing to the present, and examines sector-specific policies.
 To develop a perspective on the different problems and
approaches to economic planning and development in sectors of
agriculture, industry and service.

SYLLABUS

No. of
Unit Content
Hours
National Income and Agricultural Sector
Economic Development and Economic Growth – Meaning,
National Income and Per Capita Income: Concepts and
I 15
Measurement, Indian Planning – Five Year Plans – NITI Aayog –
Agricultural Development of India: Major Crops – Production,
Productivity and Contribution to GDP and Exports.
Industrial Sector
India‟s Industrial Development – Industrial Policies of 1948, 1956
and 1991 – Liberalization, Privatization and Globalization (LPG) –
II 15
Disinvestment Policy – Role and importance of MSME‟s and Large
Scale Industries in India – Special Economic Zones- Economic
Zone- Contribution to GDP.
Service Sector
Service Sector in India – Banking – Insurance –
III 15
Telecommunication –Health Services - IT Sector – ITES – BPO -
KPO – EPO - MNC‟s in India.
Population: Growth and Policy Issues
Demographic Trends – India‟s Population: Size and Growth rate –
IV 13
Demographic Dividend – HDI- PQLI - Population Policies, Issues
of Unemployment, Poverty and Inequality in India.
Federal System and Foreign Trade
Federal setup in India – Taxes: Direct Tax and Indirect Tax – Tax
System in India – GST - India‟s Foreign Trade: Trends,
V 14
Composition and Direction - Foreign Direct Investment in India -
Foreign Exchange – FERA – FEMA.

Text Book
1. RuddarDatt and Sundharam KPM, Indian Economy, S.Chand and Co,
References Publications, New Delhi, 2016
Reference Books
1. Ishwar C. Dhingra, The Indian Economy , S.Chand and sons, Publications,
 New Delhi, Latest Revised Edition.
2. Mishra S.K. and Puri V.K., The Indian Economy, Himalaya Publications,
Mumbai, Latest Revised Edition.
On Completion of the course, students should be able to

CO1: Understand the various aspects of India‟s economy

Course
CO2 :Develop a perspective on the different problems and approaches to economic
Outcomes
planning and development in India
CO3: Examine the role of the Indian Economy in the global context, and how
different factors have affected this process.
 Course Code & Title 19ECU19 INDUSTRIAL ECONOMICS
Class III BA Economics Semester VI
The Course aims
 To provide an introduction to the theories of industrial economics.
Course Objectives
 To identify the methods and models applied in the analysis of firms
and industries.

SYLLABUS
No. of
Unit Content
Hours
Industrial Location and Industrial Efficiency
Meaning – Scope of Industrial Economics - Determinants of
I Industrial Location- Theories of Industrial Location: Weber and 15
Sargant Florence – Approaches to Industrial Location- Industrial
Efficiency: Meaning, Determinants and Measurement.
Industrial Productivity
Importance and Measurement of Productivity – Scope and
Significance – Tools of Productivity – Factors Influencing Industrial
II 15
Productivity – Labour Productivity: Meaning and determinants-
Wrong Notions of Productivity – Productivity Movement in India –
National Productivity Council.
Cost and Optimum Size of the Firm and Profitability
Theory of Cost and Production- Efficiency and size of the firm –
III 15
Profitability of the firm: Concept, determinants and Measurement –
Theory of Profitability
Industrial Dynamics and Performance
Market concentration – Diversification- Vertical Integration and
Merger – Process of Innovation: Concepts and Relationship -
IV 14
Measurement of Innovation Activities - Theory of technological
innovation- Diffusion of new technology – Market Structure and
Innovation.
Investment Decisions
Nature and Types of Investment Decisions- Preparation of time-
profile of a project- Methods of Project Evaluation – Ranking of
V 13
Projects: NPV vs. IRR – Risks and Uncertainties in Project Appraisal
– Appraisal of Public Projects: Social Cost – Benefit Analysis-
Replacement Decision- Inventory Investment- Market Investment
Text Books:
1. Barthwal R.R, Industrial Economics: An Introductory Text Book, New Age
International, New Delhi, 2017.
References 2. Sivayya K.V and Das VBM, Indian Industrial Economy, S.Chand, New
Delhi, 2015.
Reference Books:
1. Ganguli H.C, Industrial Productivity and Motivation, Asia Publishing
 House, New Delhi, 2009.
2. Desai SSM and BhaleraoNirmal, Industrial Economy of India, Himalaya
Publishing House, Mumbai, 2010.

On Completion of the course, students should be able to

CO1: Acquire the theoretical knowledge of industrial economics.
Course
CO2:Analyze about the productivity of industrial organization.
Outcomes
CO3: Analyze the investment decisions in industrial organization.
Course Code & Title 19ECU20 ENVIRONMENTAL ECONOMICS
Class III BA Economics Semester VI
Course Objectives The Course aims
 To provide an introduction to basic theories of Environmental
Economics.
 To examine the concepts like property rights and regulating pollution.
 To highlight the problem of market failure and externalities.

SYLLABUS
No. of
Unit Content
Hours
Introduction to Environmental Economics
Environmental Economics: Definition – Role of Environmental Economics –
Scope of Environmental Economics- Multidimensions of Environmental
Economics – Economics, Environment and Ecology- Interlinkages-
I 15
Economics of Resource use: Historical Approach to natural resource
scarcity, Theories of Natural Resource use- Discounting – Renewable and
non-renewable resources – Conservation of Resources – Environmental
quality.
Environmental Problems and Social Choice Mechanisms
Environmental Problems: Air pollution, water pollution, Forest and
Environmental Quality – Land use – Urbanization and its impact on
II 15
Environmental quality – Population and environmental quality – Social
Choice Mechanisms: The utility function –Pareto Criterion, The
Compensation principle and voting – social welfare function.
Basic Theory of Environmental Economics
Environmental quality as a public good: „Tragedy of the Commons‟ –
Features of Common Property resources – Allocation of public goods –
Social welfare function –Individual preferences and the Pareto-optimal
III 15
provision of Environmental quality-Market Failure and Externalities:
Meaning of Market failure and externality- Concept of welfare economics –
Competitive economy and social welfare- Efficiency: Meaning, Definition
of Pareto efficiency
Property Rights and Regulating Pollution
Meaning of the Polluter and the victim – Necessity of having rights- The
coarse Theorem – Steel Mill‟s right to pollute – Problem of public bad and
IV bargaining – pigovian fees: Multiple polluter: The Equi-marginal principle – 14
Fees versus subsidies –Imperfect competition – Regulating Pollution:
Rationale for Regulation – Political Economy – Model of Regulation –
Instruments – Green National Accounting
Environmental Issues and Environmental Management
Principle of Demand for Environmental Goods – Willingness to pay – Types
V of Environmental goods – Basic approaches to measure demand for 13
environmental Goods: Hedonic prices, Household production and
contingent valuation – Meaning of Defensive Expenditure and Travel cost
 method.
Text Book:
1. Charles D. Kolstad, Environmental Economics, OUP, New Delhi, 2010.
Reference Books:
1. Rabindra N. Bhattacharya, Environmental Economics: An Indian
Reference Perspective, OUP, New Delhi, 2001.
s
2. Sankar U (Ed), Environmental Economics, Oxford University Press, New
Delhi, 2001.
3. Karpagam. M., Environmental Economics, Sterling Publishers, New
Delhi, 2015
On Completion of the course, students should be able to
CO1: Understand about the multi-dimensions of environmental economics, social
Course
choice mechanism, property rights and regulation.
Outcomes
CO2: Acquire a better understanding on the topics like willingness to pay, basic
approaches to measure the demand for environmental goods.
Course Code & Title 19ECU21 LABOUR ECONOMICS
Class III BA Economics Semester VI
Course Objectives The Course aims
 To provide an overview of the basic theoretical and empirical
literature on Labour market, employment, wages, labour welfare
and social security measures.
 To enable the students to analyze issues related to labor markets
SYLLABUS
No. of
Unit Content
Hours
Introduction to Labour
Labour – Meaning and characteristics; Factors determining labour supply and
I demand; Paradigms of labour market analysis – Classical, Neo-classical and 15
Dualistic Economy; Labour market policies; Migratory Character of Labour;
Causes, Nature and Effects of Migration.
Employment
Employment and Development relationship, Impact of Rationalization,
technological change, modernization and artificial intelligence on employment
II in organized private industry, public sector and in Agricultural sector – IT Sector 15
- Absenteeism: Definition, Extent – Effects- Causes- Measures to remove
Absenteeism, Attrition, Labour Turn over: Measurement -Extent – Effects-
Causes- Measures to increase Labour Turn over.
Wage Determination
Meaning of wages - Concepts of Minimum Wage, living Wage and fair wage- in
theory and practice; Discrimination in labour markets; Wage Determination –
III 15
Organized/ Formal sector and Unorganized/ Informal sector; Classical, Neo
classical and Bargaining theories of wage determination; National wage Policy;
Wages and Wage Boards in India; Bonus System and Profit Sharing.
Trade Unionism and Collective Bargaining
Meaning of Trade Unionism – Theories of Trade unionism (Webb, Karl Marx,
Gandhi, Mitchell and Robert F.Hoxie) – Industrial Disputes: Rise of Industrial
IV Disputes- Quest for Industrial Harmony – Meaning and Forms of Industrial 14
Disputes- Causes of Industrial Disputes- Methods of Settlement of Industrial
Disputes- Collective Bargaining – Meaning, Nature, Objectives and Functions of
Collective Bargaining- Union Goals and Theories of Collective Bargaining.
Labour Welfare and Social Security
Meaning and importance of Labour welfare; Theories of Labour Welfare, State
V and Social Security of Labour, Social assistance and Social Insurance, Need for 13
Social Security –Education Security, Employment Security, Income Security,
Women Security, Health Security, NCEUS, Globalization and Labour Markets
Text Book:
1. Tyagi B. P, Labour Economics and Social Welfare, Jai Prakash Nath& Co, Meerut,
References 2014.
Reference Books:
1. Joshi, M.V., Labour Economics and Labour Problems, Atlantic Publication,
 2014.
2. Hajela, P D Labour Restructuring in India: A Critique of the New Economic
Policies, Common Wealth Publishers, New Delhi, 1998.
3. Papola T.S, P PGhosh and A.N Sharma (Eds) Labour, Employment and
Industrial Relations in India, B.R. Publishing Corporation, New Delhi, 1993.
4. Jagadish Kumar, Labour Economics Principles, Problems and Practices of
Trade Unionisms and Industrialisation, Deep and Deep Publications, New
Delhi, 1998.
5. VenkatRatnam C.S. ,Globalisation and Labour Management Relation:
Dynamics of Change, Sage Publications, 2001.
On Completion of the course, students should be able to
Course CO1: Demonstrate basic labor economics theory, including labor market structures and
Outcomes wage determination
CO2: Get an ideas about Trade Unions, Labour Welfare and Social Security.
 Course Code & Title 19ECU22 ECONOMICS FOR GLOBALISATION
Class III BA Economics Semester VI
Course Objectives The Course aims
 To enable the students to learn about the impact of globalization on
the environment.
 To identify the importance of sustainable development in the
context of globalization.
SYLLABUS
No. of
Unit Content
Hours
Introduction
Nature, Scope and Significance of Globalization – Global Environment
I 15
of business structural adjustment policies and globalization in India –
Trade Policy in India – India in Global Setting.
Theoretical Approaches To globalization
Stages of Globalization – Market selection and Entry strategies –
II 15
Product and pricing Decisions – Marketing and Promotion Strategies –
Role of Technology and innovations in Global business.
Financial Markets and Globalization
Significance of Foreign Investments – Types of Foreign Investments –
III Factors determining foreign investment flows – foreign Investment in 15
India – Trade and Investments – Analysis of Trade and Balance of
Payments of India.
Labour Markets and Globalization
Impact of globalization on manufacturing and service sectors –
Emergence of Business Process Outsourcing (BPO) – Role of
IV Technology in employment opportunities changing profile of labour – 13
Management relations Vis- a Vis Labour Standards – Impact of
organizational downsizing on employment.

Sustainable Development and Globalization

Globalization and inequality- Environmental impact of globalization-
V 14
Intellectual Property Rights- Impact of globalization on Indian Planning
and Mixed Economy Approach to development
References Text Books:
1. SomyaSikdar, Contemporary Issues in Globalization, Oxford
University Press, 2006.
2. Srinivasan T.V., Eight Lectures on Liberalization, Oxford
University Press, 2000.
Reference Books:
1. Francis Cherunilam, International Business, McGraw Hill Education,
New Delhi, 2017.
2. BhagwatiJagdish, India in Transition Oxford: Clarendon Press, 1993.
3. SubbaRao, International Business Text and Cases, Himalaya
Publishing House, New Delhi, 2017.
 4. James Higgins, The Management Challenge, Pearson College
Division, 1994.
Dhingra I.C. The Indian Economy, Sultan Chand & Sons, New Delhi, 2017.
Course On Completion of the course, students should be able to
Outcomes CO1: Understand about some of the major changes going on in the world economy
and the key factors making these changes happen.
CO2:Able to analyze the role of technological change global and regional
economic change.
CO3: To reflect upon the positive and negative consequences of economic
globalization.
Course Code & Title 19ECU23 (A) ENTREPRENEURSHIP DEVELOPMENT
Class III BA Economics Semester VI
Course Objectives The Course aims
 To develop the students who can systematically apply an
entrepreneurial way of thinking that will allow them to identify and
create business opportunities that may be commercialized
successfully.
 To enhance the students with the knowledge about the parameters
to assess opportunities and constraints for new business ideas.

SYLLABUS
No. of
Unit Content
Hours
Entrepreneurship
Definition – Concept of Entrepreneurship, Nature of
Entrepreneurship, Classification and Types of Entrepreneurs –
Characteristics of an Entrepreneur, Risk Taking, Functions of an
I 15
Entrepreneur, Women as an Entrepreneur: Concept of Women
Entrepreneur, Growth, Problems and Future of Women
Entrepreneur, Entrepreneurship: Growth and Development in Pre-
Post Globalization, International Entrepreneurship.
Entrepreneurship Development Programmes (EDP’s)
The Process of Entrepreneurship Development - Meaning, Need,
Objectives, Types and Characteristics of EDP, Phases of EDP‟s,
II 15
Evolution- Problems Faced by EDP‟s, Access to Institutional
Support to Entrepreneurs: Need and Importance- NSIC-SIDO-
SSIB-SSIDC-SISI-DIC-SIDBI-TCO‟s.
Project Identification, Selection and Formulation
Project: Meaning – Classification- Identification- Selection- Project
Formulation, Project Report: Meaning- Significance of Project
III 15
Report- Contents – Formulation of Project Report – Network
Analysis – PERT Method – CPM – Project Appraisal – Methods of
Project Appraisal – New Venture Areas For Entrepreneurs.
Institutional Finance
Introduction: Need and Importance for Institutional Finance,
IV Types and Sources of Finance- Commercial Banks – IDBI – IFCI – 13
ICICI – IRBI – LIC – UTI – SFC – Lease Financing – Hire
Purchases – Venture Capital.
Location, Small Scale Industries and Recent Policy Changes
Location of an Enterprise – Need, Importance, Steps in
V Enterprise Location – Factors affecting Location of an Enterprise, 14
SSI Units: Definition of SSI Unit and SSI Unit Entrepreneurs,
Scope and objectives of SSI Units – MSME – Make in India –
 Start up India – Digital India.
Text Book:
1. Badi R.V. and Badi N.V., Entrepreneurship, Vrinda Publications, New Delhi,
2014.
Reference Books:
References
1. Khanka S.S, Entrepreneurial Development, S. Chand & Sons, New Delhi,
2013.
2. VenkateswaraRao, UdaiPareek, Developing Entrepreneurship – A Hand
Book Learning System,
On Completion of the course, students should be able to
CO1: Understand the development of entrepreneurship as a field of study and as a
Course profession
Outcomes CO2: Examine the parameters to assess opportunities and constraints for new
business ideas
CO3: Design strategies for successful implementation of ideas
Course Code & Title 19ECU23(B) REGIONAL ECONOMICS
Class III BA Economics Semester VI
Course Objectives The Course aims
 To provide a broad overview of the theories of regional growth and
development.
 To familiarize the students about the terms and concepts in the
dynamics of regional development.
 To analyze the Indian experience in regional policy formulation and
implementation.

SYLLABUS

No. of
Unit Content
Hours
Concepts
I Why Regional Economics? What is a region? Different types of Regions; 15
regional income; Problems of estimation; indicators of regional development
Location of Firms
One market One input case; More generalized versions; locational
II 15
interdependence; Hotelling phenomena; General Equilibrium; Uncertainty;
Maximizing Vs Satisfying
Micro and Macro Approaches to Regional Economics
Spatial Price Theory: Price Equilibrium in geographically separated and
interlinked markets; Market area boundaries; Reilly‟s Law; Models of
Pricing under free entry; Spatial Monopoly and Price Discrimination; Spatial
III Monopolistic Competition 15
Spatial Macro Economics: Inter-regional income models; Inter-regional
business cycles, Inter-regional trade and factor movements; Regional balance
of payments; Export base models; Demand Growth models; Regional
Multiplier
Regional Growth and Techniques of Regional Analysis
Neo-classical Growth Models- Cumulative Causation Model; Center
Periphery Model; Growth Pole Analysis; Convergence and Divergence of
IV 14
disparities in per capita regional income Techniques of Regional Analysis:
Regional and interregional input- output analysis; Attraction Model; Gravity
Model; Shift- Share Analysis, Impact Studies
Regional Policy
People Prosperity Vs Place Prosperity; Formulation of interregional
V objectives; Consistency between national and regional objectives; Alternate 13
regional policy measures; Historical Evidence; Inter-regional differences in
India‟s development- Regional Policy in India
References Text Books:
1. Chand Mahesh and Puri V K, Regional Planning in India, Allied Publishers,
New Delhi, 2000.
2. Hoover, Edgar Malone Giarrratani and Frank, An introduction to Regional
Economics, Knopf, New York, 1984.
Reference Books
1. Isard W 1960, Methods of Regional Analysis : An Introduction to Regional
Science, MIT Press, Cambridge, Mass
2. Nair, K R G 1982, Regional Experience in a Developing Economy, Wiley-
Eastern, New Delhi.
Richardson H W, 1969, Regional Economics; Weidenfield and Nicholson, London.
Course On Completion of the course, students should be able to
Outcomes
CO1:Demonstrate with a variety of location-production models.
CO2:Understand how activities are distributed in space.
CO3:Discuss the rationale behind firm clustering and dispersion.
CO4: Describe how land rents are determined according to standard theory.
CO5:Critically evaluate the conclusions of regional economists.
 Course Code & Title 19GECECU CURRENT TRENDS IN INDIAN ECONOMY
Class (for Psychology, Nutrition & Dietetics, Statistics,
Biochemistry, Botany, Zoology & Corporate Semester V
Secretaryship)
Course Objectives The course aims to
 Provide an overview of the major trends in economic indicators
and policy debates in India, starting from the pre-independence
period and continuing to the present, and examine sector-specific
policies.
 Develop a perspective on the different problems and approaches to
economic planning and development in sectors of agriculture,
industry and service.

SYLLABUS
No. of
Unit Content
Hours
Agricultural Sector
Economic Development and Economic Growth – Meaning,
National Income and Per Capita Income: Concepts and Measurement,
I 8
Indian Planning – Five Year Plans – NITI Aayog – Agricultural
Development of India: Major Crops – Production, Productivity and
Contribution to GDP and Exports.
Industrial Sector
India‟s Industrial Development – Industrial Policies of 1948, 1956
and 1991 – Liberalization, Privatization and Globalization (LPG) –
II 8
Disinvestment Policy – Role and importance of MSME‟s and Large Scale
Industries in India – Special Economic Zones- Economic Zone-
Contribution to GDP.
Service Sector
Service Sector in India – Banking – Insurance –
Telecommunication –Health Services - IT Sector – ITES – BPO - KPO –
III 8
EPO - MNC‟s in India- Tax System in India – GST - India‟s Foreign
Trade: Trends, Composition and Direction - Foreign Direct Investment in
India - Foreign Exchange – FERA – FEMA.
References Text Book
1. RuddarDatt and Sundharam KPM, Indian Economy, S.Chand and Co,
Publications, New Delhi, Latest Revised Edition.
Reference
1.Ishwar C. Dhingra, The Indian Economy , S.Chand and sons, Publications, New
Delhi, Latest Revised Edition.
2. Mishra S.K. and Puri V.K., The Indian Economy, Himalaya Publications,
Mumbai, Latest Revised Edition.
Course On Completion of the course, students should be able to
Outcomes CO1: Get an idea about planning
CO2: Know the functioning of Agricultural sector, Industrial sector and Service
sector in India