This document outlines the syllabus for 1st year Economics courses at Jnvu Jodhpur, including History of Economic Thought and Economic Theory. The History of Economic Thought course covers 5 units on major thinkers and schools from Mercantilism to the Austrian School and Indian economic thought. The Economic Theory course covers microeconomic and macroeconomic concepts like demand, production, market structures, and factor markets across 5 units. It lists required textbooks in Hindi and English and recommends Samuelson and Nordhaus for additional reading.
This document outlines the syllabus for 1st year Economics courses at Jnvu Jodhpur, including History of Economic Thought and Economic Theory. The History of Economic Thought course covers 5 units on major thinkers and schools from Mercantilism to the Austrian School and Indian economic thought. The Economic Theory course covers microeconomic and macroeconomic concepts like demand, production, market structures, and factor markets across 5 units. It lists required textbooks in Hindi and English and recommends Samuelson and Nordhaus for additional reading.
This document outlines the syllabus for 1st year Economics courses at Jnvu Jodhpur, including History of Economic Thought and Economic Theory. The History of Economic Thought course covers 5 units on major thinkers and schools from Mercantilism to the Austrian School and Indian economic thought. The Economic Theory course covers microeconomic and macroeconomic concepts like demand, production, market structures, and factor markets across 5 units. It lists required textbooks in Hindi and English and recommends Samuelson and Nordhaus for additional reading.
This document outlines the syllabus for 1st year Economics courses at Jnvu Jodhpur, including History of Economic Thought and Economic Theory. The History of Economic Thought course covers 5 units on major thinkers and schools from Mercantilism to the Austrian School and Indian economic thought. The Economic Theory course covers microeconomic and macroeconomic concepts like demand, production, market structures, and factor markets across 5 units. It lists required textbooks in Hindi and English and recommends Samuelson and Nordhaus for additional reading.
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BA 1st year Economics syllabus
Jnvu Jodhpur HISTORY OF ECONOMICTHOUGHT
• ECONOMICS • PAPER I • HISTORY OF ECONOMICTHOUGHT • Max. Marks: 100 Time : 3 Hours Unit 1 : Meaning and Importance of History of Economic Thought, History of Economic Analysis and Economic History, Mercantilism, Physiocrates, Adam Smith • Unit 2 : David Ricardo, Thomas Robert Malthus, Sismondi, JS Mill • Unit 3 : Utopian socialists – Robert Owen, Charles Fourier and Perirre Joseph Proudnon ; Friedrick List, Karl Marx – an Elementary Treatment • Unit 4 : Austrian School : Karl- Menger, Friedrich- Von Wieser, Eugenvon Bohm- Bawerk and Alfred Marshall • Unit 5 : Indian Economic Thought : Kautilya, Mahadev Govind Ranade, Gopal Krishna Gokhale, Mahatma Gandhi and Jawahar Lal Nehru, Dr. B.R. Ambedkar. ECONOMIC THEORY • ECONOMICS • PAPER II • ECONOMIC THEORY I • Max. Marks: 100 Time: 3 Hours Unit 1 : Economics – A Logic of choice, Positive and Normative approaches ; Macro and Micro Economics ; Methods of Economic Analysis – Inductive and Deductive : Statics and Dynamics • REQUIRED READINGS • Seth, M.L.: Principles of Economics, Chaps. 1,2,3,4,5 • Nathuramka: Micro Economics (Hindi) Chaps. 4,5,6,7,8 • Unit 2 : Theory of Demand – Law of Demand, Utility Approach, Indifference Curve Approach, Elasticity of Demand : Price, Income and Cross Elasticity, Revenue- Total, Marginal and Average, Concept of Consumer’s surplus • REQUIRED READINGS • Nathuramka: Micro Economics (Hindi) Chaps. 11,12,13,14&15 • Unit 3 : Theory of Production – Introduction, Laws of Returns to Factors and Returns to scale • Cost- Short- run and Long run • Concept of Isoquants, Isocosts and Production Possibility curves • REQUIRED READINGS • Nathuramka: Chaps. 24,25,26,& 27 • Unit 4 : The Commodity Market- Market Demand and Market Supply, Price and Output determination under perfect Competition, Simple and Discriminatory Monopoly, Monopolistic Competition, Chamberlin’s Group Equilibrium. • REQUIRED READINGS • Nathuramka: Chaps. 32,33,34 • Unit 5 : The Factor Market- Marginal Productivity Theory of Distribution. • Rent – Ricardian, Quasi- Rent and Modern Theories. Profit: Dynamic, Risk and Uncertainty Theories; Wages: Meaning, Nominal and Real Wage Rate. Modern theory of Wages. • REQUIRED READINGS • Nathuramka : 38,40,43 • RECOMMENDED READINGS • Samuelson and Nordhaus : Economics, Latest English or Hindi Edition •
