ECONOMICS SYLLABUS

Indian Economic Development I

UNIT I Features of Less Developed and developing Economics Economic and Non Economic factors impeding economic development Concept of growth and Development Indicators Factors determining Economic development. Capital Formation Human and Physical National Income Methods, Trends, Limitations Recent trends in National Income. Causes and measures to check population growth in India Population growth as retarding factor Population Policy. Agriculture : Its Contribution to Economic development Food problems methods of solving measures to increase agricultural productivity land Reforms Green Revolution Agricultural Finance. Role of Industries in Economic Development Importance Cottage, Small-scale and Large-scale Sickness of large-scale industries.

UNIT II

UNIT III

UNIT IV

UNIT V

BOOKS FOR STUDY 1. Dutt & Sundaram 2. Sankaran. S. : Indian Economy : Indian Economy

BOOKS FOR REFERENCE 1. Agarwal. A.N. 2. Alak Ghosh 3. Misra H & Puri .R : Indian Economy : Indian Economy : Indian Economy

STATISTICAL METHODS - I
UNIT I Origin Meaning and Importance Limitations of Statistics Collection of Data Classification and Tabulation. Diagrammatic and Graphic Representation : Bar Diagrams Pie Diagram Histograms Frequency distribution Frequency Graphs Ogive-Lorenz Curve. Measures of Central Tendency : Arithmetic Mean Median Mode. Measures of Dispersion : Range Quartile Deviation mean Deviation Standard Deviation Co-efficient of variation Percent tiles and Deciles. Skewness and Kurtosis : Karl Pearsons co-efficiency of skewness Bowleys co-efficiency of skewness Kurtosis.

UNIT II

UNIT III UNIT IV

UNIT V

BOOKS FOR STUDY 1. Gupta S.P. : Statistical Methods

2. Bahavathi. V. & Pillai. R. : Statistics BOOKS FOR REFERENCE 1. Elhance. D.N. 2. Yamene. G. 3. R.G.D. Allen : Fundamentals of Statistics :Statistics for Economics : Statistics for Economics

INDIAN ECONOMIC DEVELOPMENT - II

UNIT I Role of Technology : Capital intensive Labour intensive Intermediate Technology Its impact of Economic Development. Labour : Causes for low productive of Indian labour Trade Union and labour unrest. Transport : Importance of transport Rail road coordination. Poverty in India Poverty eradication programmes. Economic Planning : Meaning features Objectives Brief review of Various Plans.

UNIT II

UNIT III UNIT IV UNIT V

BOOKS FOR STUDY 1. Dutt & Sundaram 2. Sankaran. S. : Indian Economy : Indian Economy

BOOKS FOR REFERENCE 1. Agarwal. A.N. 2. Alak Ghosh 3. Misra H & Puri .R : Indian Economy : Indian Economy : Indian Economy

STATISTICAL METHODS - II
UNIT I UNIT II Sampling Population and Sample Types of Sampling. Correlation Limits of coefficient of correlation Calculation of coefficient of correlation Rank Correlation coefficient. Regression Two variable linear regression Meaning Regression lines and regression co-efficient. Index Number : Simple and weighted laspeyers, Paasches, Fishers Ideal Index number Construction Tests to be satisfied by an ideal index number Uses. Analysis of Time Series : Four Components Measurement of Secular Trend Moving Average Methods, Methods of Least Squares Uses of Time Series Analysis.

UNIT III

UNIT IV

UNIT V

BOOKS FOR STUDY 1. Gupta S.P. : Statistical Methods

2. Bahavathi. V. & Pillai. R. : Statistics BOOKS FOR REFERENCE 1. Elhance. D.N. 2. Yamene. G. 3. R.G.D. Allen : Fundamentals of Statistics :Statistics for Economics : Statistics for Economics

MICRO ECONOMICS - I
UNIT I Definitions : Adam Smith, Marshall, Lionel Robins, Samuelson Nature and scope of Micro Economic Micro Economics Vs Macro Economics Inductive Method Vs Deductive Method Positive vs Normative Partial Vs General equilibrium. Consumer behaviour Cardinal & Ordinal utility Law of Diminishing Marginal Utility Law of Equi-Marginal Utility Demand Demand schedule Drawing demand curve from demand schedule Determinants of demand Causes of downward sloping demand curve. Hicks indifference curve analysis Consumer equilibrium using indifference curve analysis Income and substitution effect Derivation of demand curve using Marshalls & Hicks approach Consumer Surplus : Marshalls and Hicks approach. Elasticity of demand Definition and Types of Elasticity of Demand Measurement of Price Elasticity of Demand : Total outlay, Arc and Point method Determinants of price elasticity of demand Supply supply schedule Drawing supply curve from supply schedule Demand and supply equilibrium Graphical representation. Factors of production Production Function Short run and long run production function Law of variable proportions Laws of returns Producersequilibrium.

UNIT II

UNIT III

UNIT IV

UNIT V

MONETARY ECONOMICS - I
UNIT I Functions and classification Role of money in capitalist, Socialist and mixed economies. Value of money Fishers equation Cambridge equation Superiority of Cambridge equation over cash Transaction. Monetary standards Paper Currency Systems of note issue Indian currency system Development and problems. Factors influencing money supply Money supply and price level Keynesian approach - Neutrality of money Real balance effect Patinkin Friedmans Restatement of quantity theory of Money.

UNIT II

UNIT III

UNIT IV

UNIT V

Business Cycles Phases, types and Theories Inflation Causes, types and remedies Effects on inflation on Production, Consumption and distribution Deflation - effects and control

MICRO ECONOMICS - II
UNIT I Cost types Accounting and Economic Costs Opportunity cost Cost functions Short run cost Curves Long run cost Curves Construction of cost curves Revenue curves Total, average, marginal revenue curves under different market conditions Conditions for equilibrium of firm Relationship between AR and MR. Market Structure Perfect competition Characteristics Price and output determination Monopoly Characteristics equilibrium of firm Price discrimination. Monopolistic competition Characteristics Group equilibrium Price and output determination Oligopoly Features Types Price Leadership Kinked demand curve. Functional and personal distribution of income Marginal productivity theory of factor pricing Wages Real and nominal Modern theories of wages Trade Union and collective bargaining. Rent : Ricardian, Marshall and Modern theories of rent. Interest : Loanable fund theory- Keynes liquidity preference theory IS LM Model of interest determination Profit : Modern theories of profit Innovation Risk and Uncertainty bearing.

UNIT II

UNIT III

UNIT IV

UNIT V

Books for Reference : 1. H.L. Ahuja 2. S. Sankaran 3. H.S. Agarwall 4. M.L.Seth 5. Storvier and Hangue - Principle of Microeconomics - Microeconomics - Microeconomics - Principle of Economics - A text book of Economics Theory

6. Watson D.S 7. Prichard A. Prilas 8. Cauvery & Others 9. Mithani. D.M.

- Price Theory and its uses - Micro Economics Theory - Micro Economics Theory Micro Economics

MONETARY ECONOMICS - II
UNIT I Commercial Banking Structure and Functions Credit creation Balance sheet of a Bank Nationalisation of banks A Critical appraisal of the progress of commercial banking after nationalization Recent reforms in banking sector in India. Central Banking functions of a central bank Quantitative and qualitative methods of credit control Efficiency and limitations. Functions of Reserve Bank of India Its role in agricultural and Industrial development RBI and credit control Monetary policy Objectives RBI and monetary policy. Euro currency Important features of the market An evaluation of the currency IMF Role, objectives SDR scheme India and World Bank.

UNIT II

UNIT III

UNIT IV

UNIT V

Books for Reference : 1. Jhingan M.L 2.SankaranS. 3. Setj M.I. 4. Vaish M.C. 5. Cauvery & Others - Monetary Economics -Monetary Economics Money Banking and International trade Monetary Theory - Monetary Economics

6. Gupta S.B. 7. Sethi. T.T

- Monetary Economics - Monetary Economics

8. Kishore. G. Kulkarni Modern Monetary Theory 9. Gupta G.P. 10. Mithani. D.M. Monetary Policy of the Reserve Bank of India Money, Banking, International trade & Public finance

MACRO ECONOMICS - I
UNIT I Nature and scope of Marco Economics Micro and Macro Economics Circular flow of income Two sector model. National Income GNP NNP Personal Income Disposable Income Real Income Per Capita Income Measurement Uses Social According. Classical theory of employment and income Says Law of Market Consumption function Meaning Keynes Psychological law of consumption Theories of consumption function. Investment function Meaning Types Determinants of Investment MEC MEI Simple Keynesian Model of Income and employment determination.

UNIT II

UNIT III UNIT IV

UNIT V

BOOKS FOR STUDY 1. Jhingan M.L. 2. Sankaran S. 3. Vaish M.C. : Macro Economics Theory : Macro Economics : Macro Economics Theory

BOOKS FOR REFERENCE : 1. Brooman 2. Dillard. D : Macro Economics : Economics of J.M.Keynes

3. Gupta R.D

: Keynes and Post Keynes

4. Shapiro Edward: Macro Economic Analysis

FISCAL ECONOMICS - I
UNIT I Meaning and scope of public finance Distinction between private and public finance Role of government Need for Government activity Principle of maximum social advantage. Principles of public expenditure Classification Causes and effects of public expenditure with reference to India. Public revenue sources Distinction between tax revenue and non tax Revenue Taxation Meaning Sources of taxation Classification of taxes Canons of taxation Theories of taxation Impact and incidence of taxation Effects of taxation. Individual taxes (with reference to India) Income Tax Expenditure tax Wealth tax Property Tax Estate duty Gift tax Death duty Customs duty Excise duty Sales tax Value added tax. Characteristics of a good tax system Taxable capacity Factors determining taxable capacity Limits Measurements of taxable capacity.

UNIT II

UNIT III

UNIT IV

UNIT V

INTERNATIONAL ECONOMICS - I
UNIT I Foreign Trade Need, Inter Regional and International Trade, Theories of International Trade Adam Smith Ricardo, Haberler and Heckscher Ohlin Theory Terms of Trade different Concepts of Terms of trade Determinants of Terms of trade static and Dynamic gains from trade capital saving and labour saving technologies and its impact on terms of trade. Gains from trade Trade Policy Free Trade : Meaning Case for and against Free Trade. Protection : Meaning Arguments for and Against Protection.

UNIT II

UNIT III

UNIT IV

Tariff : Meaning and types Effects of Tariff. Quotas : Meaning and Types Effects of quotas on imports. Balance of Payment - Meaning Structure Balance of Payment and Balance of Trade Disequilibrium in BOP & BOT Causes for disequilibrium in BOP Measures for correcting disequilibrium.

UNIT V

HISTORY OF ECONOMIC THOUGHT

UNIT I Economic Thoughts of Mercantalism Physiocracy Adam Smith T.R. Malths David Ricardo. Economic Ideas of Alfred Marshall J.A. Schumpeter - Pigou Economic Ideas of Karl Marx - Veblen Nobel Laureates Paul A. Samuelson, Hicks, Friedman, Amarthya Sen Indian Economic thought D. Naoroji M.K. Gandhi B.R. Ambedhkar Nehru E.V.R. Periyar.

UNIT II UNIT III UNIT IV

UNIT V

BOOKS FOR REFERENCE : 1. E. Roll 2. Lokanathan. V. 3. T.N. Hajela 4. Sankaran S. 5. A. Grey 6. L.H. Haney - History of Economic thought - History of Economic thought - History of Economic thought - A History of Economic thought - Development of Economic Doctrines - History of Economic thought

7. Dr. V. Shanmuga Sundaram- Indian Economic Thought Development in policies

8. .V.B. Singh 9. - From Naoroji to Nehru. - History of Economic thought

MANAGERIAL ECONOMICS
UNIT I Definition, scope and method of managerial economics Role and Responsibilities of managerial economist. Demand analysis Forecasting techniques. Pricing methods Full cost pricing Target pricing Going rate pricing Differential pricing specific pricing pricing New product Pricing by manufacturers and pricing by Retailers Price regulations Dual pricing Mark up Resale price maintenance. Profit Nature Theories Measurement Profit policies Break Even Analysis Capital budgeting Cost of capital Capital Management and Financial Policy.

UNIT II UNIT III

UNIT IV

UNIT V

BOOKS FOR STUDY 1. Varshney and Maheswari: 2. Joel Dean 3. Sankaran BOOKS FOR REFERENCE : 4. Hague . D.C 5. Savage and Small 6. Mehta , P.L. : : : Managerial Economics Managerial Economics Managerial Economics : : Managerial Economics Managerial Economics Managerial Economics

MACRO ECONOMICS - II
UNIT I Multiplier Static and Dynamic multipliers Induced investment and Accelerator The interaction principle Basics of income and Employment multiplier. Money in Keynesian Model Demand for money in the Keynesian theory Liquidity trap Keynesian Revolution and its application to less developed countries. Monetary theory in relation to underemployment and full employment Integration of monetary and output theories Patinkin. Post Keynesian Macro Analysis General equilibrium of monetary and real sector Contribution of Hicks, Hanson IS and LM Diagram. Objectives and importance of Macro Economic Policy.

UNIT II

UNIT III

UNIT IV

UNIT V

BOOKS FOR STUDY 1. Jhingan M.L. 2. Sankaran S. 3. Vaish M.C. : Macro Economics Theory : Macro Economics : Macro Economics Theory

BOOKS FOR REFERENCE : 1. Brooman 2. Dillard. D 3. Gupta R.D : Macro Economics : Economics of J.M.Keynes : Keynes and Post Keynes

4. Shapiro Edward: Macro Economic Analysis

FISCAL ECONOMICS - II
UNIT I Public Debt Sources Public debt Types of Public debt Effects of public dept Repayment of Public debt Management of public debt. Deficit financing Meaning Objectives Roles of deficit financing in India Effects of prices, production and distribution. Federal finance Principles Analysis of division of revenue, expenditure and other powers between union, State and local Governments Finance Commissions Analysis of latest finance commission recommendation. Fiscal Policy Objectives and Instruments of fiscal policy Role of Fiscal Policy in a developing economy with reference to India. Local finance Functions Sources of finance to local bodies Village Panchayat Municipalities Corporation Problems of Local Finance.

UNIT II

UNIT III

UNIT IV

UNIT V

Books for Reference: 1. Tyagi. B.P 2. Sankaran S. 3. Sundaram K.P.M 4. Cauvery and others 5. Bhargava R.N. 6. Mithani D.M 7. Bhatia 8. Chellaih R. 9. Dalton . H. 10. U.R. Hicks - Public Finance - Fiscal Economics - Fiscal Economics - Fiscal Economics Indian Public Finance - Public Finance - Public Finance Fiscal policy in under developed countries - Principles Public Finance - Public Finance

INTERNATIONAL ECONOMICS - II
UNIT I Exchange Rate : Meaning Determination of Equilibrium of exchange rate Fixed and Flexible Exchange Rate. Foreign Exchange Market : Functions Transfer function Credit Function Hedging Function. Theories of Exchange Rate : Mint theory Purchasing power parity theory Balance of Payment Theory. Role of foreign capital in economic development issues in foreign capital in economic development theory of direct investment issues in foreign direct investment Multinational Corporation Foreign aid. International Monetary System IMF SDR International Liquidity. Trade and Development Economic Integration, Meaning, Types World Bank, GATT, WTO, Structure, Objectives, Functions and Working.

UNIT II

UNIT III

UNIT IV

UNIT V

Books for Reference: 1. Mithani. D.M. - International Economics 2. Jhingan M.L 3. Sankaran S. 4. Sodersten B.O 5. Vaish M.C -International Economics -International Economics - International Economics - International Economics

6. Cherunilam Francis -International Economics 7. Mannur, H.G 8. Ellsworth P.T -International Economics -International Economics

TAMIL NADU ECONOMY

UNIT I Natural Resources of Tamil Nadu Demographic trends Urbanisation Literacy. Agriculture Agricultural Marketing Regulated Markets and Uzhavar Sandhai. Industrial development Major Industries in Tamil Nadu SIDCO SIPCOT. Infrastructure Transport Power. IT Industries. Social; Welfare Programmes of State Governments Education Health Nutrition Programmes for women and children.

UNIT II

UNIT III

UNIT IV UNIT V

BOOKS FOR STUDY 1. M. Naganathan 2. N. Rajalakshmi 3. S. Perumalsamy : Tamil Nadu Economy :Tamil Nadu Economy :Tamil Nadu Economy

BOOKS FOR REFERNCE 1. Kurian C.T 2. MIDS : Economic Change in Tamil Nadu : Tamil Nadu Economy- Performance issues. .

INDUSTRIAL ECONOMICS
UNIT I Industrialisation and Economic development Meaning Factors determining Industrialisation Merits and Demerits of Industrialisation. Industrial Location : Factors determining industrial location Webers theory of Industrial Location. Industrial Productivity Meaning Measurements Limitations and problems of industrial productivity. Industrial Sickness : Definition Extent Causes Government Policy to correct industrial sickness. Industrial Disputes Causes Preventive Measures Settlement of Disputes. Classification of Industries Size based Use-based Input-based Proprietory based Classification. Recent Trends in Industrial Growth Liberalisation and Privatisation.

UNIT II

UNIT III

UNIT IV

UNIT V

BOOKS FOR STUDY 1. Barthwal, R.R

2. Memoria M.

: Industrial Economics
: Industrial Development in India

BOOKS FOR REFERENCE 1. Desai .S.M. 2, Francis Cheruliam 3. Kuchhal, S. : Industrial Economics : Industrial Development in India : The Industrial economy of India

INDUSTRIAL ORGANISATION

UNIT I

Organisation : Meaning Definition Characteristics Principles of Organistion Formal and informal Organisation Determining the design of the Organization Types of Organisation Importance of Organization. Scientific management features elements of scientific management Advantages and disadvantages of scientific methods Rationalisation Advantages Causes of slow progress of rationalization in Indian industries. Industrial Location Factors Webers theory of Industrial location. Production Management definitions scope objectives functions production organization Importance of production Management Production Planning and control steps in production planning Quality Control Objectives step in quality control Importance. Materials Management Meaning definitions Objectives scope & stages functions Importance of materials management.

UNIT II

UNIT III UNIT IV

UNIT V

Books for Reference : 1. Narayan B.N. 2. Motihar M. 3. Singh S.P. : Industrial Economics : Business Organization : Industrial Economics and management

4. Yogendra Singh & : Industrial Economics and Principles of management MamtaPandey

ENTREPRENEURIAL DEVELOPMENT
UNIT I Meaning of Entrepreneur Definitions Functions Types of Entrepreneurs. Entrepreneurship Definition Nature & Characteristics Functions Significance of Entrepreneurship. Entrepreneurial Development Programme : Meaning Need Objectives Curriculum Evaluation Problems of EDPs. Role of Government in organizing EDPs IDBI SISI DIC SIPCOT and TCOs. Women Entrepreneurs Concept functions Entrepreneurs Problems / Challenges faced Entrepreneurs. of Women by women

UNIT II

UNIT III

UNIT IV

UNIT V

BOOKS FOR STUDY 1.Gupta C.B. & Srinivasan N.P.

2. Khanka S.S BOOKS FOR REFERENCE 3. Jayasree S. 4. Radha & Kathirasan -Entrepreneutral development -Entrepreneutral development

Entrepreneutral development
- Entrepreneutral development

MARKETING - I
UNIT I Definition of Market Types of Market Kinds of goods Nature and scope of marketing, Modern Marketing Concept. Marketing Mix Market Segmentation Marketing Process. Function of Marketing : Function of exchange, Function of Physical Distribution. Functions Marketing : Marketing facilitating function Marketing Research Grading and standardization Branding, Packing and Labeling. Product Planning and Development, Product Life Cycle Marketing of Consumer goods and Industrial Goods.

UNIT II UNIT III

UNIT IV

UNIT V

BOOKS FOR STUDY 1. Bhagavathi and Pillai 2. William J. Stantion 3. Mitchell 4. Sinna J.C : Modern Marketing : Fundamentals of Marketing : Elements of Marketing : Principles of Marketing

MARKETING - II
UNIT I Consumerism Origin Consumer Exploitation Consume Protection Consumers Affairs Cell. Channels of Distribution Definition Importance Channels of distribution for Consumer Goods and Industrial Goods Wholesaler Characteristics Classification Services of Wholesalers. Retailers functions Services Types of Retailers Large-scale Retailers Advantages and disadvantages. Advertising Definitions Basic features Objectives Functions Advertising Media Kinds Essentials of good advertising. Personal Selling : Salesmanship Advertising & Salesmanship Qualities of good salesman Recruitment and training.

UNIT II

UNIT III

UNIT IV

UNIT V

BOOKS FOR STUDY 1. Bhagavathi and Pillai 2. Rajan Nair

BOOKS FOR REFERENCE

: Modern Marketing : Marketing

1. Clarke and Clarke 2. William J. Stanion 3. Mitchell

: Principles of Marketing :Fundamentals of Marketing : Elements of Marketing

PRINCIPALS OF ECONOMICS I
UNIT I Definition of Economics Adam Smith Marshall Lionel Robbins Samuelson Difference between Micro and Macro Economics Positive and Normative Inductive and Deduct. Human wants Standard of Living Engels Law of Family. Consumption Laws relating to Consumer behaviour Law of Demand Elasticity of Demand Consumers Surplus. Indifference curve Analysis Limited to the Illustration of Substitution and Income effect Price Consumption Curve and Income Consumption Curve. Production Law of Variable Proportions Laws of Returns Definition of Labour Large Scale and Small Scale Industries Localistion of Industries.

UNIT II UNIT III

UNIT IV

UNIT V

BOOKS FOR STUDY 1. Seth M.L. 2. Chopra P.N. 3. Lekhi : Principles of Economics : Economics of theory : Public Finance

BOOKS FOR REFERENCE 1. Stonier & Hauge : EconomicTheory

2. Dewet K.K.

: Principles of Economics

PRINCIPALS OF ECONOMICS II
UNIT I Cost of Production Production cost and selling cost Revenue Curves Short period and long period. Value Price determination under various market conditions Perfect Competition Monopoly Discriminating Monopoly Monopolsitic Competition Oligopoly and Duopoly. Inflation and Deflation Keynesian Theory of Employment. Public Finance Taxation Policy Direct and Indirect Taxes International Trade Comparative Cost Theory Balance of Payments IMF IBRD.

UNIT II

UNIT III UNIT IV UNIT V

BOOKS FOR STUDY 1. Seth M.L. 2. Chopra P.N. 3. Lekhi : Principles of Economics : Economics of theory : Public Finance

BOOKS FOR REFERENCE 1. Stonier & Hauge : EconomicTheory

2. Dewet K.K.

: Principles of Economics

INDIAN ECONOMY I
UNIT I Concept of Under Development India as a Developing economy Growth Development. Agriculture : Causes for low Productivity Food Problem Green Revolution. Agriculture Finance : need sources Role of commercial banks Reserve bank NABARD. Population : Growth Causes Effects measures to check Population Policy. Planning : Objectives Importance Brief review of various five year plans in India.

UNIT II

UNIT III

UNIT IV

UNIT V

BOOKS FOR STUDY 1. Ishwar C. Dhingra 2. Dutt & Sundaram 3. Alak Ghosh : Indian Economy : Indian Economy : Indian Economy

BOOKS FOR REFERENCE 1. Agarwal, A.N. : Indian Economy

2. Alak Ghosh

: Indian Economy

INDIAN ECONOMY II
UNIT I Industries : Causes for slow industrialization cottage industries small scale and large scale industries iron and steel textile industries importance and problems. Industrial finance : IFCI ICICI DIBI UTI IRCI. Labour : causes for low productivity of labour in India trade union and industrial peace. Transport : different modes of transport (roads, railway, air and shipping) rail road coordination. Trade : exports and imports EXIM Policy

UNIT II UNIT III

UNIT IV

UNIT V

BOOKS FOR STUDY 1. Ishwar C. Dhingra 2. Dutt & Sundaram 3. Alak Ghosh : Indian Economy : Indian Economy : Indian Economy

BOOKS FOR REFERENCE 1. Agarwal, A.N. : Indian Economy

2. Alak Ghosh

: Indian Economy