BHAVNAGAR UNIVERSITY

NAAC Accreditation Grade B

(With effect from Academic Year 2010-2011)
Academic Council: Date 26 / 04 / 2010, R. No.: (2)
Executive Council: Date 07 / 05 / 2010, R. No.: (3)

U.G. LEVEL
F.Y.B.A. ECONOMICS PAPER I
MICRO ECONOMICS
(MAIN & FIRST SUBSIDIARY)

SEMESTER 1

Title of the Paper : Micro Economics

Credits : 03 in each Semester.
Marks : Semester End Examination.
Continuous Internal Evaluation.

Unit
Unit-1
Unit-2
Unit-3
Unit-4
Unit-5

70 Marks
30 Marks

Detailed Syllabus
Attached Separately
Attached Separately
Attached Separately
Attached Separately
Attached Separately

Teaching Hours
08
06
08
08
06

Marks / Weight
14
14
14
14
14

Break up of Continuous Internal Evaluation

Assignments
30 Marks
(Two assignments)

F:\Final Syllabus\WORD Files\UNDER GRADUATE\B.A. (Economics)-Sem.1 & 2.doc

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BHAVNAGAR UNIVERSITY
NAAC Accreditation Grade B
(With effect from Academic Year 2010-2011)

F.Y.B.A.
MICRO ECONOMICS
(MAIN & FIRST SUBSIDIARY)
SEMESTER-I
70 Marks
Syllabus-in force from 2010

Objectives:
As a Foundation Course in this Paper, Student is expected to understand the behavior of an
economic agent namely, a Consumer, a producer, a factor owner and the price fluctuations in a
market. The approach of this paper is to study the behavior of a unit and analysis is generally static
and in partial equilibrium framework
The Course is divided into five units and each unit consists 14 marks.

Unit-1

Introduction

Nature and Scope of Economics

Problem of choice Robins definition

Micro and Macro economics

Basic assumptions of economics

Nature of Economic Laws

Unit-2

Basic Concepts

Commodities

Service

Wealth

Value

Consumption

Exchange

Production Meaning and characteristics of factors of production

Unit-3

Consumers Behavior

Utility Meaning and Characteristics

Law of Diminishing Marginal Utility

Consumers Surplus-concept-Importance and limitations of the concept.

Limitations of Utility Analysis

Unit-4

Demand

Meaning of Demand - Law of Demand exceptions to the law

Meaning of Price Elasticity of Demand, its types, methods to measure Price

Elasticity of Demand - factors affecting price-elasticity of demandImportance of the concept of price-elasticity of demands

Concept of Income Elasticity of Demand and its types

Unit-5

Supply and Theory of production

Meaning of Supply - Law of supply

Factors affecting Supply

Exceptions to the law of Suppl

Law of Invariable Proportion

F:\Final Syllabus\WORD Files\UNDER GRADUATE\B.A. (Economics)-Sem.1 & 2.doc

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BHAVNAGAR UNIVERSITY
NAAC Accreditation Grade B
(With effect from Academic Year 2010-2011)

U.G. LEVEL
F.Y.B.A. ECONOMICS PAPER I
MICRO ECONOMICS
(MAIN & FIRST SUBSIDIARY)

SEMESTER 1I

Title of the Paper : Micro Economics

Credits : 03 in each Semester.
Marks : Semester End Examination.
Continuous Internal Evaluation.

Unit
Unit-1
Unit-2
Unit-3
Unit-4
Unit-5

70 Marks
30 Marks

Detailed Syllabus
Attached Separately
Attached Separately
Attached Separately
Attached Separately
Attached Separately

Teaching Hours
08
06
08
08
06

Marks / Weight
14
14
14
14
14

Break up of Continuous Internal Evaluation

Assignments
30 Marks
(Two assignments)

F:\Final Syllabus\WORD Files\UNDER GRADUATE\B.A. (Economics)-Sem.1 & 2.doc

-3-

BHAVNAGAR UNIVERSITY
NAAC Accreditation Grade B
(With effect from Academic Year 2010-2011)

U.G. LEVEL
F.Y.B.A. ECONOMICS PAPER II
INDIAN ECONOMY
(MAIN & FIRST SUBSIDIARY)

SEMESTER 1

Title of the Paper : INDIAN ECONOMY

Credits : 03 in each Semester.
Marks : Semester End Examination.
Continuous Internal Evaluation.

Unit
Unit-1
Unit-2
Unit-3
Unit-4
Unit-5

70 Marks
30 Marks

Detailed Syllabus
Attached Separately
Attached Separately
Attached Separately
Attached Separately
Attached Separately

Teaching Hours
08
06
08
08
06

Marks / Weight
14
14
14
14
14

Break up of Continuous Internal Evaluation

Assignments
30 Marks
(Two assignments)

F:\Final Syllabus\WORD Files\UNDER GRADUATE\B.A. (Economics)-Sem.1 & 2.doc

-4-

BHAVNAGAR UNIVERSITY
NAAC Accreditation Grade B
(With effect from Academic Year 2010-2011)

U.G. LEVEL
F.Y.B.A. ECONOMICS PAPER II
INDIAN ECONOMY
(MAIN & FIRST SUBSIDIARY)

SEMESTER 1I

Title of the Paper : INDIAN ECONOMY

Credits : 03 in each Semester.
Marks : Semester End Examination.
Continuous Internal Evaluation.

Unit
Unit-1
Unit-2
Unit-3
Unit-4
Unit-5

70 Marks
30 Marks

Detailed Syllabus
Attached Separately
Attached Separately
Attached Separately
Attached Separately
Attached Separately

Teaching Hours
08
06
08
08
06

Marks / Weight
14
14
14
14
14

Break up of Continuous Internal Evaluation

Assignments
30 Marks
(Two assignments)

F:\Final Syllabus\WORD Files\UNDER GRADUATE\B.A. (Economics)-Sem.1 & 2.doc

-5-

BHAVNAGAR UNIVERSITY
NAAC Accreditation Grade B
(With effect from Academic Year 2010-2011)

F.Y.B.A.
MICRO ECONOMICS
(MAIN & FIRST SUBSIDIARY)
SEMESTER-II
70 Marks
Unit-1

Cost Concepts

Fixed and Variable cost

Opportunity cost

Social cost

Marginal and Average cost Interrelationship between Marginal and

Average cost

Unit-2

Market Structure - I

Meaning of Market

Meaning of Firm, Industry and Group

Perfect Competitive Market Meaning and Characteristics

Monopoly Market Meaning and Characteristics

Price discrimination Meaning When possible and profitable

Unit-3

Market structure - II

Monopolistic competition Meaning and Characteristics

Oligopoly market Meaning and Characteristics

Kinked demand curve

Meaning of Duopoly

Selling Cost concept and effects on demand curve

Unit-4

Factor pricing - I

Marginal productivity theory of distribution

Real wage Money wage and factors affecting real wage

Causes of wage differences in same and different occupations.

Unit-5

Factor pricing - II

Modern Theory of Rent

Concept of Quasi Rent

Innovation theory of profit

Risk and Uncertainty Theory of Profit

Basic Reading List

1.
Gauld J.P. and Edward P.L. (1996) Microeconomic Theory: Richard, lrwin, Homewood
2.
Bach, G.L. (1977), Economics, Prentice Hall of India, New Delhi.
3.
Lipsey, R.G.and K.A. Chrystal (1999), Principles of Economics (9Th Edition), Oxford
University Press, Oxford.
4.
Stonier, A. W. and D.C. Hague (1972), A Text Book of Economic Theory, ELBS &
Longman group, London.
5.
Samuelson, P.A. and W.D. Nordhaus (1998), Economics, Tata McGraw Hill, New Delhi.

F:\Final Syllabus\WORD Files\UNDER GRADUATE\B.A. (Economics)-Sem.1 & 2.doc

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BHAVNAGAR UNIVERSITY
NAAC Accreditation Grade B
(With effect from Academic Year 2010-2011)

F.Y.B.A.
INDIAN ECONOMY
(MAIN & FIRST SUBSIDIARY)
SEMESTER-I
Syllabus-in force from 2010
70 Marks
Objectives:The purpose of this course of Indian economy is to enable students to have an understanding
of the various issues of the Indian economy, so that they are able to comprehend and critically
appraise current Indian economic problems. For this it is essential to have a good deal of
understanding about the major developments in the Indian economy since independence.. The
syllabus is divided into five units and each unit consists 14 marks.
Unit-1

Structure of Indias economy

India as a developing economy. Human Development index.

Unit-2

Population
Size of Indias Population, rate of growth of Population, causes of high rate of
growth of Population, Economic effects of Population growth, measures to check
Population growth, current Population policy, qualitative aspects of Indias
Population, Demographic transition.

Unit-3

Infrastructure (Health and Education)

Meaning of infrastructure causes of growth of infrastructure Progress in the Field
of health and education. since 1950.

Unit-4

Planning in India.
Meaning of Planning Objectives and Evaluation of Planning Current Five Year
Plan.

Unit-5

New Economic Reforms

Globalization, Liberalization, privatization - Meaning and Objectives Progress
Effects.

F:\Final Syllabus\WORD Files\UNDER GRADUATE\B.A. (Economics)-Sem.1 & 2.doc

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BHAVNAGAR UNIVERSITY
NAAC Accreditation Grade B
(With effect from Academic Year 2010-2011)

F.Y.B.A.
INDIAN ECONOMY
(MAIN & FIRST SUBSIDIARY)
SEMESTER-II
70 Marks
Unit-1

Agriculture
Significance of Agriculture
Trends of Agriculture Production and Productivity.
Causes of Low Agriculture productivity and Measures
Agriculture Marketing defects and measures.

Unit-2

Agriculture Credit.
Co-operative credit
Role of commercial Banks
Regional Rural Banks
NABARD
Micro Finance

Unit-3

Industry
Meaning and significant of Industrialization
Problems of Industrial Growth in India
Significance of Small and cottage Industries
Problems and measures taken by the Govt.

Unit-4

Industrial Policy
Industrial Policy of 1991
Recent changes in the Policy
Evaluation of the Policy
Role of Public private and Joint sector.

Unit-5

External Sector
Role of foreign Trade in Development
Size, Composition and direction of Indias foreign trade
Problems of Indias foreign trade
Current Export-Import Policy of India.

Basic Reading List

1
Daha R&K.P.M Sundharam (2006) India Economy S.Chand & Co Ltd New Delhi.
2
Dhingra I.C (2006) The India Economy Env.& Policy sultan chand & sons New Delhi.
3
Misra & Puri (2006) India Economy,Himaliya Publishing teowse Mumbai.

F:\Final Syllabus\WORD Files\UNDER GRADUATE\B.A. (Economics)-Sem.1 & 2.doc

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BHAVNAGAR UNIVERSITY
NAAC Accreditation Grade B
(With effect from Academic Year 2010-2011)

F.Y.B.A.
ECONOMICS
SECOND SUBSIDIARY
SEMESTER-I
Syllabus-in force from 2010
70 Marks
Objective:To acquaint the students with elementary economics. The syllabus is divided into five units and
each unit carries 14 marks. This paper is offered to those student who opt. for languages, and hence
basic concepts of Economics are incorporated in the syllabus.

Unit-1

Economic and Non. Economic activities.

Problem of Choice

Unit-2

Human Necessities
Meaning Characteristics and types.
Basic Concepts.
Commodities Service Consumption exchange Value.
Utility (Meaning and Characteristics)

Unit-3

-Factors of Production-Meaning and Characteristics

-Division of Labour-Meaning types, merits and demerits.

Unit-4

-Demand- Meaning, Law of demand, and assumptions of the law.

-Supply- Meaning, Law of Supply and assumptions of the law.

Unit-5

-Price determination in the Market

-Price determination on the basic of time factor.

F:\Final Syllabus\WORD Files\UNDER GRADUATE\B.A. (Economics)-Sem.1 & 2.doc

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BHAVNAGAR UNIVERSITY
NAAC Accreditation Grade B
(With effect from Academic Year 2010-2011)

F.Y.B.A.
SECOND SUBSIDIARY ECONOMICS
SEMESTER-II
70 Marks

Unit-1

-Market - Meaning, types and functions.

-Money Meaning types and functions.

Unit-2

-Banking Meaning, types, functions of commercial Banks.

-Central Baking, Meaning and functions.

Unit-3

-Characteristics of Indian Economy

-Causes and effects of Growth of Population in India.

Unit-4

-Unemployment- Meaning and types of unemployment

-Concepts of Poverty Indicators of Poverty

Unit-5

-Significance of Agriculture in Indian Economy.

-Causes of law agriculture productivity in India and Measures

BASIC READING LIST:1.

Lipsy R.G. An introduction to positive economics, Prentice Hall, London 1971
2.
Samuelson P.A. - Economics, McGraw Hill, Kogakusha, 1980.
3.
Misra S.K. and V.K. Puri Indian Economy Its development experience, Himalaya Pub.
House, Mumbai.

F:\Final Syllabus\WORD Files\UNDER GRADUATE\B.A. (Economics)-Sem.1 & 2.doc

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BHAVNAGAR UNIVERSITY
NAAC Accreditation Grade B
(With effect from Academic Year 2010-2011)

U.G. LEVEL
F.Y.B.A.
ECONOMICS
SECOND SUBSIDIARY
SEMESTER-I

Title of the Paper : ECONOMICS

Credits : 03 in each Semester.
Marks : Semester End Examination.
Continuous Internal Evaluation.

Unit
Unit-1
Unit-2
Unit-3
Unit-4
Unit-5

70 Marks
30 Marks

Detailed Syllabus
Attached Separately
Attached Separately
Attached Separately
Attached Separately
Attached Separately

Teaching Hours
08
06
08
08
06

Marks / Weight
14
14
14
14
14

Break up of Continuous Internal Evaluation

Assignments
30 Marks
(Two assignments)

F:\Final Syllabus\WORD Files\UNDER GRADUATE\B.A. (Economics)-Sem.1 & 2.doc

- 11 -

BHAVNAGAR UNIVERSITY
NAAC Accreditation Grade B
(With effect from Academic Year 2010-2011)

U.G. LEVEL
F.Y.B.A.
ECONOMICS
SECOND SUBSIDIARY

SEMESTER 1I

Title of the Paper : ECONOMICS

Credits : 03 in each Semester.
Marks : Semester End Examination.
Continuous Internal Evaluation.

Unit
Unit-1
Unit-2
Unit-3
Unit-4
Unit-5

70 Marks
30 Marks

Detailed Syllabus
Attached Separately
Attached Separately
Attached Separately
Attached Separately
Attached Separately

Teaching Hours
08
06
08
08
06

Marks / Weight
14
14
14
14
14

Break up of Continuous Internal Evaluation

Assignments
30 Marks
(Two assignments)

F:\Final Syllabus\WORD Files\UNDER GRADUATE\B.A. (Economics)-Sem.1 & 2.doc

- 12 -