Brief course outlines

International Islamic University Chittagong

Department of Economics & Banking
Course Title: Bangladesh Economics (3 credit hours) Course Code: ECON3506

A COURSE OBJECTIVES:
The Fundamental Purpose of this course is to introduce the whole Economy, Economic Factors,
and Parameters to the students. They will be able to know basically macroeconomic situation,
National Income & Expenditure, Budget, Deficit Financing, Borrowings, Contributions of
Agriculture, Industry, External Sectors etc. to flourish their knowledge.
B COURSE CONTENTS:

Mid-term Examination

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Macroeconomic Situation and related concepts: Mixed

Economy, GNP, GDP, Business Cycle, AD, AS, Inflation,
Unemployment, Growth and Development, Budget, Subsidy,
savings and Investment, Remittances, FDI, Balance of
Payments, Foreign Exchange, Foreign Exchange Reserve etc.
Agriculture:
Definition;
Structure;
Characteristics;
Importance and role of agriculture in the economy of
Bangladesh; role of agriculture as a basis for industrialization;
Current situation of agriculture; Problems and prospects of
agriculture; Self-sufficiency in food; Modernization and
Marketing of agriculture; Agricultural Credit: Comparative
analysis and sector wise allocation of GDP in agriculture.
Constructive criticism and Recommendations of improving
agricultural situation in the economy of Bangladesh.
Industry: Role of Industry; Size and Composition of
Industrial Sectors; BSCIC;SMEs; BCIC; BSFIC; BSEC;
BTMC; Bangladesh Handloom and Sericulture Industry;

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Bangladesh Mills Corporation; Problems and prospects of jute

industry; Garments industries: Challenges and prospects.
Private vs Public Sectors; Nationalization and Privatization;
Problems and Prospects of Foreign Direct Investment (FDI);
Industrial Development and Industrial Policy in Bangladesh;
Industrial Loan; Recommendations to develop Industrial
situation in Bangladesh.

FINAL EXAMINATION:
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External Sector: World Trade Scenario-Export and Import

policy; World Trade Organization and Bangladesh Regional
Trade Agreement: APTA, SAFTA, SAPTA, BIMSTEC, TPSOIC, D-8, GATT and its impacts; Composition and Direction
of Foreign Trade of Bangladesh; Balance of Trade and
Balance of Payments; Adverse Balance of Payments and its
correction: A reality.
Fiscal & Financial Sector: Budget, Types of Budget,
Financing of Deficit Budget;
Public Expenditure:
Expenditure under ADP; Composition of ADP expenditure by
major sectors; Public Debt Management; Money and Credit
Situation; Financial Market Management; Banking and NonBanking Institutions: Financing in Agriculture, Industry &
SMEs; Financial sector management and policy reforms;
Capital Market and Capital Market Scenario
Power and Energy: Current Energy situation in Bangladesh;
Contribution of Electricity in GDP and its Growth rate;
Energy Efficiency and Energy Conservation; Problems and
Prospects of Energy Security in Bangladesh
Poverty Alleviation: Concept of Poverty and Poverty
Alleviation; Present Poverty situation in Bangladesh; Selected
Programmers for Poverty Alleviation: Social Safety Net; Role
of NGOs in Poverty Alleviation( Micro-Credit by Grameen
Bank, PKSF, BRAC, ASA, PROSHIKA, TMSS Shakti
Foundation, SSS, BURO, PRSP, ICT, Public and Private
Banks); Role of MDGs in Poverty Alleviation; Role of Zakah
Management in Poverty Alleviation; Factors behind Poverty
and Inequality; Challenges and Prospects in Poverty
Alleviation in Bangladesh.

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Human Resource Development: Definition; Human Capital;

Role of Education, Training, Technology to make up Human
Capital; Reform initiatives to improve the quality of
Education; Health Sector Development; Important Initiatives
for Women, Child Development.

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Important Concepts: Vision-2021, Middle Income Country,

Digital
Bangladesh,
Sustainable
Development/Green
Development, Development and Growth, Green House Effect,
Climate Change, Manpower Export, Role of IMF and World
Bank, ECNEC, PPP, NIPSOM,BEPZA, VAT, Kyoto Protocol,
Revolution in Internet and Bangladesh, Fisheries, Livestock
and Poultry, Forestry, RNFA, Five- Year Plan, Economic
History under different Governments,

C BOOK RECOMMENDED

Texts
A.R. Khan and Mahbub Hossain
Mahbub Ullah
Abu Abdullah (ed)

Finance Division in Bangladesh

The Strategy of Development in Bangladesh.

Macmillan, London,1989
Bangladesh Economy (Turns of the Decades)
Bangladesh Economy 2000: Selected Issues, BIDS,
Dhaka-2001
References
Bangladesh Economic Review-Different Issues

Sirajul Islam (ed),

History of Bangladesh: 1704-1971, vol-2 (Economic

History, Asiatic Society of Bangladesh, Dhaka,1992
Planning Commission:
The First Five Year Plan 1973-78, Bangladesh
Government Press 1973
Philip Gaen (ed)
Bangladesh Environment: Facing the 21st CXentury
for Environment and Human Development,SHED,
1998.
Bangladesh Bureau of Statistics, Statistical Pocket Book (Latest Issue) and Internet Surfing Notes + Class
Lectures.
D Marks Distribution:

Class test , assignment and attendance

Mid Term Examination (duration 90 minutes)
Final Examination (duration 2 hours and 30 minutes)
Total

20%
30%
50%
100%