Appendix-28
Appendix-28
Appendix-28
INDEX
DEPARTMENT OF ECONOMICS
SEMESTER – II
Sl. No. Content Page No.
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DISCIPLINE SPECIFIC CORE COURSE -4 (DSC-4): INTRODUCTORY MACROECONOMICS
[Eligibility criteria are the minimum requirement of academic level for opting for the course,
such as Class XII pass or Class XII pass with Mathematics as one of the papers in Class XII
and so on.
Pre-requisite of a course is the prior knowledge or skill which are primarily required to be
acquired before joining the course. For example, the pre-requisite for studying ‘Advanced
Econometrics’ course (offered in the V/VIIth Semester) is that he/she should have studied
‘Introductory Econometrics’ (offered in the IVth Semester).
Learning Objectives
Learning outcomes
SYLLABUS OF DSC-4
Recommended readings:
– Andrew Abel, Ben Bernanke and Dean Croushore (2011). Macroeconomics (7th
edition), Pearson.
– Richard T. Froyen (2013). Macroeconomics: Theories and Policies (10th ed.),
Pearson.
– Blanchard, O. (2006). Macroeconomics (6th edition). Pearson
– Blanchard, O. (2017). Macroeconomics (7th edition). Pearson
– Dornbusch, R., S. Fischer and R. Startz. Macroeconomics (6th edition).
McGraw- Hill
– Dornbusch, R., S. Fischer and R. Startz. Macroeconomics (11th edition).
McGraw- Hill
3
DISCIPLINE SPECIFIC CORE COURSE – 5 (DSC-5): INTERMEDIATE MATHEMATICAL
METHODS FOR ECONOMICS
Learning Objectives
Learning outcomes
SYLLABUS OF DSC- 5
4
properties and applications; the implicit function theorem, application to comparative statics;
homogeneous and homothetic functions: char- acterisation, applications.
Recommended readings
5
DISCIPLINE SPECIFIC CORE COURSE– 6 (DSC-6): INTERMEDIATE STATISTICS FOR
ECONOMICS
Learning Objectives
Learning outcomes
SYLLABUS OF DSC-6
UNIT - 2: Estimation
Estimator and methods of estimation, Point Estimation: method of moments and method of
maximum likelihood; Interval Estimation, Properties of an estimator: Consistency,
Unbiasedness, Efficiency and Sufficiency, confidence level and sample size, intervals based
on Z-distribution, t-distribution and chi-squared distribution, F-distribution.
UNIT – 3: Inference
Meaning of a statistical hypothesis, errors in hypothesis testing: Type 1 and Type 2 errors,
power of a test.
Recommendedreadings
- Devore, J. (2012). Probability and statistics for engineers, 8th ed. Cengage Learn- ing.
- John A. Rice (2007). Mathematical Statistics and Data Analysis, 3rd ed. Thomson
Brooks/Cole
- Larsen, R., Marx, M. (2011). An introduction to mathematical statistics and its
applications. Prentice Hall.
- Miller, I., Miller, M. (2017). J. Freund’s mathematical statistics with applications, 8th
ed. Pearson.
- Demetri Kantarelis, D. and Malcolm O. Asadoorian, M. O. (2009). Essentials of
Inferential Statistics, 5th edition, University Press of America.
- Hogg, R., Tanis, E., Zimmerman, D. (2021) Probability and Statistical inference,
10TH Edition, Pearson
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Category II
Economics Courses for Undergraduate Programme of study with
Economics as one of the Core Disciplines
(B.A. Programmes with Economics as Major discipline)
Learning Objectives
Learning outcomes
SYLLABUS OF DSC-3
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UNIT – III: Simple Theory of Income Determination
Classical and Keynesian systems; simple Keynesian model of income determination
Recommended readings:
– Andrew Abel, Ben Bernanke and Dean Croushore (2011). Macroeconomics (7th
edition), Pearson.
– Richard T. Froyen (2013). Macroeconomics: Theories and Policies (10th ed.),
Pearson.
– Blanchard, O. (2006). Macroeconomics (6th edition). Pearson
– Blanchard, O. (2017). Macroeconomics (7th edition). Pearson
– Dornbusch, R., S. Fischer and R. Startz. Macroeconomics (6th edition).
McGraw- Hill
– Dornbusch, R., S. Fischer and R. Startz. Macroeconomics (11th edition).
McGraw- Hill
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DISCIPLINE SPECIFIC CORE COURSE – 4 (DSC-4): BASIC STATISTICS FOR ECONOMICS
Learning Objectives
Learning outcomes
SYLLABUS OF DSC- 4
11
Category III
Economics Courses for Undergraduate Programme of study with
Economics as one of the Core Disciplines
(B.A. Programmes with Economics as non-Major or Minor discipline)
Learning Objectives
Learning outcomes
SYLLABUS OF DSC-2
UNIT – I: Introduction
What is macroeconomics? Macroeconomic issues in an economy
Recommendedreadings
– Andrew Abel, Ben Bernanke and Dean Croushore (2011). Macroeconomics (7th
edition). Pearson
– Richard T. Froyen (2013). Macroeconomics: Theories and Policies (10th ed.),
Pearson.
– Blanchard, O. (2018). Macroeconomics (7th edition). Pearson
– Blanchard, O. (2006). Macroeconomics (6th edition). Pearson
– Dornbusch, R., and S. Fischer. (1994). Macroeconomics (6th edition). McGraw-
Hill
– R. Dornbusch, S. Fischer and R. Startz. (2018). Macroeconomics (12th edition).
McGraw-Hill
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COMMON POOL OF GENERIC ELECTIVES (GE) COURSES
Learning Objectives
Learning outcomes
SYLLABUS OF GE-4
UNIT – I: Introduction
What is macroeconomics? Macroeconomic issues in an economy
Recommendedreadings
– Andrew Abel, Ben Bernanke and Dean Croushore (2011). Macroeconomics (7th
edition). Pearson
– Richard T. Froyen (2013). Macroeconomics: Theories and Policies (10th ed.),
Pearson.
– Blanchard, O. (2018). Macroeconomics (7th edition). Pearson
– Blanchard, O. (2006). Macroeconomics (6th edition). Pearson
– Dornbusch, R., and S. Fischer. (1994). Macroeconomics (6th edition). McGraw-
Hill
– R. Dornbusch, S. Fischer and R. Startz. (2018). Macroeconomics (12th edition).
McGraw-Hill
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GENERIC ELECTIVES (GE-5): BASIC STATISTICS FOR ECONOMICS
Learning Objectives
Learning outcomes
SYLLABUS OF GE- 5
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GENERIC ELECTIVES (GE-6): INDIAN ECONOMY
Learning Objectives
Learning outcomes
SYLLABUS OF GE-3
Unit 1 : Historical and general overview of Indian economy since Independence
Unit 2 : Growth and structural change
Unit 3 : The Indian economy in a comparative perspective
Unit 4 : Key issues: poverty, inequality, education, health and gender
Unit 5 : Agriculture, industry, services and international trade
Recommended readings
– Kumar, Dharma (2005) ed the article on The Indian Economy 1970 to 2003 in
revised version of CEHI Vol II
– Balakrishnan, Pulapre(2010) Economic Growth in India: History and Prospect.
OUP.
– Rakshit, Mihir (2011) Macroeconomics of Post-reform India. OUP
– Rakshit, Mihir (2010) Money and Finance in the Indian Economy. OUP
– Goyal, Ashima(ed) (2015 ) A Concise handbook of Indian Economy in the 21st
Century .OUP
– Ghate, Chetan ( ed) (2012 ) The Oxford Handbook of Indian Economy. OUP.
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– Bosworth, B., Collins, S. M., & Virmani, A. (2007). Sources of growth in the
Indian economy.
– Goyal, A. (Ed.). (2019). A Concise Handbook of the Indian Economy in the 21st
Century. Oxford University Press.
– Pulapre Balakrishnan, 2007, “The Recovery of India: Economic Growth in the
Nehru Era”, Economic and Political Weekly, November.
– Rakesh Mohan, 2019, Moving India to a new Growth Trajectory: Need for a Com-
prehensive Big Push, Brookings India, Section 1 and 2, 9-30.
– Ahluwalia, M. S., 2019, “India’s economic reforms: Achievements and Next
Steps”,
Asian Economic Policy Review, 14(1), 46-62.
James, K.S., & Srinivas Goli, 2016, “Demographic Changes in India: Is the
Country Prepared for the Challenge?” Brown Journal of World Affairs,
Fall/Winter 2016, Volume XXIII, Issue I.
Desai, S., 2015, “Demographic deposit, dividend and debt”, The Indian Journal of
Labour Economics, 58, 217-232
Arvind Subramanian and Josh Felman (2021) India’s Stalled Rise-How the State
Has Stifled Growth, Foreign Affairs on 14.12. 2021
Executive Summary, 2014, Report of the Expert Group to Review the
Methodology for Measurement of Poverty (Rangarajan Committee report), GOI,
1-5
– Thomas, J. J. (2020). ‘Labour Market Changes in India, 2005–18’, Economic
and Political Weekly, 55(34), 57
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Nomenclature of certificate/diploma/degrees:
After securing 44 credits (from semester I and II), by completing one year of
study of the UG Programme with Economics as a single core discipline, if a
student exits after following due procedure, he or she shall be awarded
Undergraduate Certificate in Economics.
After securing 88 credits (from semester I, II, III & IV), by completing two
years of study of the UG Programme with Economics as a single core
discipline, if a student exits after following due procedure, he or she shall be
awarded Diploma in Economics.
After securing 132 credits (from semester I to VI), by completing three years of
study of the UG Programme with Economics as a single core discipline, if a
student exits after following due procedure, he or she shall be awarded
Bachelor of Arts (Honours) in Economics.
After securing 176 credits (from semester I to VIII), by completing four years
of study of the UG Programme with Economics as a single core discipline and
writes dissertation, the student shall be awarded Bachelor of Arts (Honours
with Research) in Economics.
After securing 176 credits (from semester I to VIII), by completing four years
of study of the UG Programme with Economics as a single core discipline and
engages in Academic Project/Entrepreneurship, the student shall be awarded
Bachelor of Arts (Honours with Academic Project/Entrepreneurship) in
Economics.
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