Economics

    Economics

    Course Work Syllabus Core Paper -II (RECO109)
    Total Hours 60( (6 Credits) Max. Marks 100
    • Unit 1: Micro and Macro Economics
    • Consumer Demand Theory: Choice under Certainty and Uncertainty>
    • Theory of Production and Cost
    • Inflation and Unemployment in the Closed and Open Economy
    • Macro policy options
    • Unit 2: International Trade, International Finance, Corporate Finance
    • Modern theory of trade and trade Policy,
    • Intra-Industry Trade, Free Trade versus Protection, Analysis of gains from free trade.
    • Theories of Balance of Payment and exchange rate determination
    • Policy Conflicts and Adjustment under Fixed and Flexible Exchange Rates
    • Modern Investment Theory
    • Financial Derivatives
    • Unit 3: Development and Growth Theory
    • Theories of under-development
    • Classical Growth Models
    • Endogenous Growth Models
    • Sustainable Development
    • Unit 4: Economic Issues and Policy-I
    • Planning and Economic Reforms
    • Financing of Infrastructure Development, Education Sector,
    • PSUs, Privatization and Disinvestment,
    • Fiscal and Monetary Policy Approaches
    • Tax Reforms, Central Government Finances
    • Financial Sector Reforms, Money and Capital market.
    • Foreign Trade Liberalization, Balance of Payments, Exchange Rate
    • World Trade Organization (WTO) and Indian Competition Policy.
    • Patterns (structure) of lndia's Foreign Trade and India's Trade Policy, RTAs and FTAs.
    • WTO and Effects of Trade (Liberalization and Globalization) on Poverty, Inequality, Environment, Gender, Labour Standards, Technological Transfers etc.
    • Unit 5: Economic Issues and Policy-II
    • Poverty, Income Distribution and Justice
    • Migration and Demographic Transition
    • Land Reforms in India and their impact on Agrarian Structure
    • The New Economic Policy and Indian Agriculture
    • Nature and Problems of Rural Development in India
    • Indian Industry and Structural Changes
    • Rural industrialization and strategies
    • Rural poverty alleviation and employment programmes
    • Suggested Readings:
    • Chiang AC. 1981. Fundamental Methods of Mathematical Economics. McGraw-Hill.
    • Henderson JM &Quandt RE. Microeconomic Theory: A Mathematical Approach. McGraw-Hill.
    • Koutsoyiannis A. 2003. Modern Microeconomics. The Macmillan Press.
    • Kreps DM. 1990. A Course in Microeconomic Theory. Princeton Univ. Press.
    • Silberberg E &Suen W. 2001. The Structure of Economics - A Mathematical Analysis. McGraw-Hill.
    • Varian HR. 1992. Microeconomic Analysis. WW Norton & Co.
    • Diulio EA. 2006. Macroeconomics. 4th Ed. Schaums' Outlines.
    • Frogen RT. 1999. Macro Economic: Theory and Policies. 6th Ed. Prentice Hall.
    • Samuelson PA &Nordhaus WD. 2004. Economics. McGraw-Hill.
    • Shapiro E. 1989. Macro Economic Analysis. Galgotia Publ.
    • Greene WH. 2002. Econometric Analysis. Pearson Edu.
    • Johnston J &Dinardo J. 2000. Econometric Methods. McGraw-Hill.
    • Kelejan HH & Oates WE. 2001. Introduction to Econometrics Principles and Applications. Harper & Row.
    • Maddala GS. 2002. Econometrics. McGraw Hill.
    • Hanley N, Shogren J & White B. 2007. Environmental Economics in Theory and
    • Practice. Palgrave, London.
    • Kolstad C. 1999. Environmental Economics. Oxford Univ. Press.

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