syllabus
UG SYLLABUS
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
B.A ECONOMICS
CORE PAPER I MICRO ECONOMICS-1
(For the students admitted from the year 2019-20)
HOURS PER WEEK : 5 SEMESTER: I
CREDITS: 5 SUBJECT CODE: 19CLA
OBJECTIVE:
· It will make students to understand the principles of economics in application to individual decision making.
UNIT-I
Definition of Economics –Adam Smith , Marshall, Lionel Robbins, Samuelson -Scope of micro economics –Difference between micro and macro economics.
UNIT -II
Demand-law of demand-Demand curve – Change in demand curve- Determinants of demand – Supply-Law of supply
UNIT-III
Elasticity of Demand – Meaning- Definition- Types- Measurement- Consumer Surplus
UNIT- IV
Concept of utility – Ordinal and Cardinal utility- Total and marginal utility- Law of diminishing marginal utility – Law of Equi-marginal utility
UNIT-V
Indifference curve and maps - Properties of indifference curves - Marginal rate of substitution- Budget line – Price and Substitution effects.
BOOKS FOR STUDY
1. Micro Economic Theory – Sankaran
2. Micro Economic Theory – M.L Jhingan
REFERENCES
1. .Koutsiyannis(2003),Modern microeconomics-Palgram Macmillan(UK)2nd Edition.
2. Gregory Maniw(2012) ,principles of microeconomics Cengage India.
3. Richard Varian-Intermediary micro economics ,Affiliated East West Press.
4. Robert Pindyck and Daniel L.Rubinfield (2001) micro economics,Macmillan
5. E.K Browning and JM Browning (2012),micro economics theory and applications
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
B.A ECONOMICS
CORE PAPER II INDIAN ECONOMY-I
(For the students admitted from the year 2019-20)
HOURS PER WEEK : 5 SEMESTER: I
CREDITS: 4 SUBJECT CODE: 19CLB
OBJECTIVES
To make students to understand the various phases and growth of the Indian Economy.
UNIT – I
Features of Indian Economy – Economic and Non – Economic determinants of Economic development – Concept of growth and development.
UNIT – II
National Income – Sectoral composition – Pattern of Income Distribution – Capital formation – Causes for low capital formation in India.
UNIT – III
Human resources –Trends in population growth – Causes of population growth in under developed countries – Recent Population Policy.
UNIT – IV
Agricultural credit – Need and features – Sources of agricultural finance – Cooperative credit – NABARD.
UNIT – V
Meaning of Poverty – Poverty in India – Causes of poverty - Measurement of poverty- India’s poverty Alleviation programmes.
BOOKS FOR STUDY:
1. Indian Economy – Dutt and Sundharam
2. Indian Economy – S.Sankaran
3. Indian Economy- K.P.M Sundharam
References:
1. Ahluwalia, I.J. and IMD Little (Eds.) (1998), India’s Economic Reforms and Development, Oxford University Press, New Delhi.
2. Kausik Basu (2012), Oxford Companion to Indian Economy, 3rd Edition, New Delhi.
3. Uma Kapila (Ed) (2017 – 2018) Indian Economy Since Independence, Academic Foundation, New Delhi, 28th Edition.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
B.A ECONOMICS
ALLIED- I RURAL ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK : 5 SEMESTER: I
CREDITS: 5 SUBJECT CODE: 19ALA
OBJECTIVE:
· To provide an overview of Rural Economy.
UNIT – I
Nature and Characteristic of Rural Economy – Factors Affecting Rural Economy – Importance of Rural Economy
UNIT: II
Rural Transport System – Importance of Rural Transportation – Problem – Various Schemes of Rural Transportation – Rural Communication- Obstacles to Rural Communication
UNIT : III
Basic Needs of Rural Economy – Housing – Heaith – Education – Drinking Water – Electricity and Sanitation – Rural Development Programmes –Pradhana Mandhiri Gram Sadak Yojana (PMGSY) - Natural Health Mission.
UNIT: IV
Rural Finance – Causes and Magnitude of Rural Indebtness, Southern of Rural Credit Unorganised - Money Lender, Indigenous bankers – Organised: Co-operative Banks, Regional Rural Bank
UNIT: V
Rural Industrialisation – Agro – based Industries - Recent Government Policy BOOKS FOR STUDY:
Dhingral.C., (2010), The Indian Economy, Sultan Chand, New Delhi
REFERENCES:
1. Ahluwalia, I.J and IMD Little (Eds.) (1998). India’s Economic Reforms and Development. Oxford University Press, New Delhi.
2. Choudry.C.M, (2009), Rural Economics – Jaipur – Sublime Publication.
3. L.C.Jain., (198), Gross without roots, Rural Development under Government Auspices, Sage Publication, New Delhi.
4. Patel K.V., Shan A.C., and Mello L.D, (1984), Rural Economics, Himalaya, Mumbai.
5. Prasad B.K. Rural Development, (2003), Concept, Approach and Rural Strategy Himalaya, Mumbai.p
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
B.A ECONOMICS
CORE PAPER III MICRO ECONOMICS-1I
(For the students admitted from the year 2019-20)
HOURS PER WEEK : 5 SEMESTER: II
CREDITS: 5 SUBJECT CODE: 19CLC
OBJECTIVES:
· Students will able to learn how markets and other governance structures organize core economic activities such as production and distribution.
UNIT-I
Costs-Fixed and Variable Costs-Average, Marginal and Total Costs –Short run And Long run Cost-Revenue ,Marginal and Total Revenue
UNIT-II
Features of Perfect competition –Equilibrium of the Firm and the Industry in the short run and long run-Importance of Time Element
UNIT -III
Definition of Monopoly –Demand and Marginal Revenue –Effect of Monopoly-Regulation of Monopoly-Price Discrimination-Degrees of Discrimination
UNIT- IV
Oligopoly –Kinked Demand Curve –Collusion - Cartels and Price Leadership-Monopolistic Competition - Features-Product Differentiation- Market Equilibrium in Short run and Long run
UNIT- V
Rent – Ricardian theory of Rent, Quasi Rent – Wage – Wage Fund theory – Marginal Productivity of theory of Wage – Interest – Loanable fund theory – Keynes Liquidity Preference theory of interest- Profit- Schumpeter’s innovation theory of profit.
BOOK FOR STUDY
· Micro Economic Theory – Sankaran
· Micro Economic Theory – M.L Jhingan
References
1. Koutsiyannis(2003),Modern microeconomics-Palgram Macmillan(UK)2nd Edition.
2. Gregory Maniw(2012) ,principles of microeconomics Cengage India.
3. Richard Varian-Intermediary micro economics ,Affiliated East West Press.
4. Robert Pindyck and Daniel L.Rubinfield (2001) micro economics,Macmillan
5. E.K Browning and JM Browning (2012),micro economics theory and applications
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
B.A ECONOMICS
CORE PAPER IV INDIAN ECONOMY-II
(For the students admitted from the year 2019-20)
HOURS PER WEEK : 5 SEMESTER: II
CREDITS: 4 SUBJECT CODE: 19CLD
OBJECTIVES
To make students to understand the various phases and growth of the Indian Economy.
UNIT – I
Role of industry in Economic development – Major industry (Cotton, Iron and Steel, Sugar and Cement.)
UNIT – II
Industrial policy resolution in India since 1947, 1948, 1956, 1977, 1980, 1991, 2001
UNIT – III
Roadways – Railways – Shipping – Airways – Transport Coordination.
UNIT – IV
Unemployment in India – Types of Unemployment – Causes of Unemployment – Various employment generation programmes.
UNIT – V
New Economic Policy – Components of New Economic policy – Liberalization – Privatization – Globalization Policy –NITI Ayog.
BOOKS FOR STUDY:
1. Indian Economy – Dutt and Sundharam
2. Indian Economy – S.Sankaran
3. Indian Economy- K.P.M Sundharam
REFERENCES:
1. Ahluwalia I.J and IMD Little (Eds.) 1998. India’s Economic Reforms and development, Oxford University press, New Delhi.
2. Byres, T.J. (Eds.) 1997, The state development planning and Liberalization in India, Oxford U niversity Press, New Delhi.
3. Kausik Basu (Eds.) 2012, Oxford companion to Indian Economy, New Delhi.
4. Uma Kapila (Eds.) 2017-18, Indian Economy since Independence, Academic foundation, New Delhi.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
B.A ECONOMICS
ALLIED II PRINCIPLES OF MARKETING
(For the students admitted from the year 2019-20)
HOURS PER WEEK : 5 SEMESTER: II
CREDITS: 5 SUBJECT CODE: 19ALB
OBJECTIVES
· To Apply Marketing theory and concepts to what marketers do in the “real world”
· To use Marketing concepts to make business decision
UNIT-1
Introduction to Marketing- Meaning- Classification- Features- Functions- Role of Marketing for economic development.
UNIT-II
Marketing Mix- Elements- Factors affecting marketing mix- Marketing process.
UNIT-III
Channels of distribution- Meaning- Basic channels of distribution- Selection of a suitable channel- Factors influencing the selection of a channel- Levels of channel.
UNIT-IV
The products –Meaning- Product classification- Policies- Product life cycle- Stages of product life cycle- Product mix- Factors determining the products mix-Product mix stages.
UNIT-V
Sales Promotion- Meaning- Objectives- Types of sales promotion programmes- Advantages- Promotion mix- Types of promotion mix- Salesmanship and personal selling.
BOOKS FOR STUDY:
1. Phillip Kotler - Marketing
2. S. Balachndran _ Excellence in service, Business publishing house, Bombay
3. Ravi Sankar _ Service Marketing
REFERENCES
1. N. Ranjan Nair, C. B. Gupta15th Edition (2012), Marketing Management: Text & Cases, Sultan Chand and Sons, New Delhi.
2. Sherlekar.S.A.(2017), Marketing Management, Himalaya Publishing House Pvt. Ltd, New Delhi.
3. V.S.Ramasamy and S.Namakumari (2017), Marketing Management – McGraw Hill Education, New Delhi.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
B.A ECONOMICS
ALLIED-III AGRICULTURAL ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK :5 SEMESTER:III
CREDITS: 5 SUBJECT CODE: 19ALC
OBJECTIVES
To gain knowledge on agricultural production & labour problems, unemployment, sources of finance and policies related to agriculture
UNIT –I
Scope and signification of Agriculture - Traditional agriculture and its modernization -role of agriculture in India’s development- inter - Sectoral linkage – An overview
UNIT -II
Productivity trends ;Low production and Productivity: -causes consequences and Measures – Role of technology- Green revolution- Five year plans in Agriculture
UNIT –III
Agricultural Labour – Types –Features -problems –causes for the growth of agricultural labour -Rural unemployment- types.
UNIT –IV
Agricultural Finance –Meaning –Types – Sources and problems of agricultural finance - Role of commercial banks - NABARD in Rural finance - Agricultural market in India –Regulated market - Co operative market.
UNIT –V
Agricultural Policy – Objectives – Instruments – Types - Food problems- Causes – Measures – PDS – Food Security in India.
BOOK FOR STUDY:
1. Indian Economy- Dutt & Sundharam
2. Agricultural Economy of India- Malrika singh
REFERENCES:
1. I.C Dhingra (2017) – Indian Economy, sultan chand & sons publication, New Delhi
2. Ashok Rudra (1982), Indian Agricultural Economics: Myths and realities (Allied Publishers, New Delhi)
3. Dantwala M.L(ed)(1991), Indian Agricultural Development Since Independence(Oxford and IBH Publishing company private limited . New Delhi).
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
B.A ECONOMICS
CORE PAPER - VI MODERN BANKING AND INSURANCE
(For the students admitted from the year 2019-20)
HOURS PER WEEK : 5 SEMESTER: III
CREDITS: 4 SUBJECT CODE: 19CLF
OBJECTIVES :
To gain knowledge on the functioning of commercial banks, Reserve Bank of India, the Insurance Organizations in India and kinds of life policies and various Acts related to insurance.
UNIT I
Commercial Bank- Functions–– Credit Creation - ATM- e Banking - Nationalisation of Commercial Banks.
UNIT II
Central Bank –- Functions- Role of Central Bank in Economic Development – Methods of Credit Control – Recent Government Policy Measures - Demonetization
UNIT III
Functions of Insurance – Principles of Insurance - Role of Insurance in Economic Development.
UNIT IV
Life Insurance vs Non- Life Insurance – Procedure for Effecting Life Insurance – Kinds of Life Policies – Procedure for Settlement of Claims in Life Insurance
UNIT V
The Insurance Act, 1938 - Life Insurance Corporation Act, 1956 – The General Insurance Business (Nationalization) Act, 1972 – Insurance Regulatory and Development Authority Act,1999 (IRDA) - Consumer Protection Act,1986.
BOOKS FOR STUDY
1. Murthy A, (2012), Elements of Insurance, Margham Publications, Chennai.
2. Jhingan M.L., (2008), Monetary Economics, Vrinda Publications (P) Ltd.,Delhi.
3. Gaurav Datt and Ashwani Mahajan, (2018),Datt & Sundaram’s Indian Economy, S.Chand and Company Limited,New Delhi.
REFERENCE:
1. Srivastava (2013), Banking Theory And Practice, Himalaya Publishing House, New Delhi.
2. Black K.Jr and H.D.Skipper Jr. (2000), Life and Health Insurance,Prentice Hall, UpperSaddleRiver New Jerssey.
3. Finsinger,J.andM.V.Pauly (Eds.)(1986),The Economics of Insurance Regulation : A Cross National Study, Macmillan London.
4. Insurance Institute of India, Life Assurance Underwriting,(IC-22), Mumbai.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
B.A ECONOMICS
CORE PAPER V STATISTICAL METHODS –I
(For the students admitted from the year 2019-20)
HOURS PER WEEK : 4 SEMESTER: III
CREDITS: 4 SUBJECT CODE: 19CLE
OBJECTIVES:
· To impart knowledge on data collection and application of statistical methods in Economics and Research Fields
UNIT –I
Introduction – Nature and Scope of Statistics – Uses - Limitations of Statistics Collection of data - Primary and Secondary Data
UNIT-II
Census vs Sampling- Random and Non random Sampling Methods - Classification of Data – Tabulation - Frequency Distribution – Methods of Constructing Class Intervals in a Frequency Distribution
UNIT – III
Diagrammatic Presentation of Data –Types- Bar Diagram-Rectangular Diagram-Pie Diagram - Graphic Presentation of Data – Histogram – Frequency Polygon, Frequency Curve - Ogive.
UNIT – IV
Mean- Median– Percentiles – Deciles - Mode - Requisites of a Good Average
UNIT – V
Measures of Dispersion – Range, Mean Deviation, Quartile Deviation, Standard Deviation, Co-efficient of Variation – Relative Merits and Demerits
BOOK FOR STUDY:
1. Pillai and Bhagawathi - Statistical Methods
2. Gupta S.P (2010), Statistics Methods, (S Chand & Co, New Delhi)..
3. Poornam- Pulliyial
4. Gurusamy- Pulliyial
REFERENCES
1.
H. C. Saxena, (2016), Elementary Statistics, S Chand and company, New Delhi,
2.
Elhance D.N. (2004), Fundamentals of Statistics (KitabMahal, New Delhi).
3.
Gupta S.C. (2006), Fundamentals of Statistics (Himalaya, New Delhi).
4.
Agarwal – Mathematical and Statistics Methods
BHARATHI WOMENS COLLEGE (AUTONOMOUS) CHENNAI-600108
B A ECONOMICS
NON MAJOR ELECTIVE-I TAMILNADU ECONOMY
(For the students admitted from the year 2019-20)
HOURS PER WEEK: 2 SEMESTER: III
CREDITS:2 SUBJECT CODE :19NL1
OBJECTIVES:
To provide basic understanding on Tamilnadu economy for non- economic students
UNIT –I
The Geographical Features of Tamil Nadu – Natural Resources in Tamil Nadu: Land, Forest ,Water, Fisheries and Minerals
UNIT –II
Trends in state income – Sectoral contribution
UNIT –III
Small Scale Industries in Tamil Nadu –Industrial Estates in Tamil Nadu- a Brief study
UNIT –IV
Transport –Types –Importance –Communication –Types significance
UNIT –V
Poverty and Unemployment –Poverty in Tamil Nadu ,Magnitude and Trends-Rural and Urban
BOOKS FOR STUDY
· Dhingral.C., The Indian economy , sultan chand New Delhi,2010
Naganathan M (2002), Tamil Nadu Economy: Trends and prospects, University Of Madras.
REFERENCES:
Leonard A C (2006) , Tamil Nadu Economy, Macmillan India Ltd, New Delhi
Manickam.S(2006), Economic development of Tamil Nadu in perspective,Uyirmmai,Chennai.78
MIDS (1988) , Tamil Nadu Economy : Performance and Issues, Oxford and IBN Publishing Co. Pvt. Ltd., New Delhi
Naganathan M (2002), Tamil Nadu Economy: Trends and prospects, University Of Madras.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
B.A ECONOMICS
ALLIED- IV ECONOMIC DEVELOPMENT OF TAMILNADU
(For the students admitted from the year 2019-20)
HOURS PER WEEK : 5 SEMESTER: IV
CREDITS: 5 SUBJECT CODE: 19ALD
OBJECTIVES
· To study a major concepts of Tamilnadu Economy
UNIT –I
The Geographical Features of Tamil Nadu – Resource endowments – (Land, forest, water, marine and minerals) – The place of Tamil Nadu in national economy.
UNIT –II
Demographic trends in Tamil Nadu. Density, Literacy, Birth and death rate – Population policy 2001 – Urbanization – Unemployment and poverty alleviation Programmes in Tamil Nadu.
UNIT –III
Agriculture – Cropping pattern – Irrigation – Agriculture Development in Tamil nadu – Green Revolution – Agriculture marketing: Regulated markets and Co-operative marketing – Non-farm activities in Tamil nadu – Food Security and Public distribution system.
UNIT –IV
Trends in Industrial Development in Tamil Nadu – Factors contributing to Industrial Development in Tamil Nadu – Small Scale Industries: Role, Problems, Promotional Measures for SSI – Economic Liberalization and Industrial growth.
UNIT –V
Transport: Roadways, Railways and water ways – Performance of Public Sector Transport- Performance and evaluation of Health, Education in Tamil nadu – Power development of Tamilnadu – Rural Electrification – Social welfare Programmes for Women in Tamilnadu
BOOKS FOR STUDY
1. Dhingral.C., The Indian economy , sultan chand New Delhi,2010
Naganathan M (2002), Tamil Nadu Economy: Trends and prospects, University Of Madras.
REFERENCES:
Leonard A C (2006) , Tamil Nadu Economy, Macmillan India Ltd, New Delhi
Manickam.S(2006), Economic development of Tamil Nadu in perspective,Uyirmmai,Chennai.78
MIDS (1988) , Tamil Nadu Economy : Performance and Issues, Oxford and IBN Publishing Co. Pvt. Ltd., New Delhi
Perumalsamy – Economic Development of Tamilnadu
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
B.A ECONOMICS
CORE PAPER - VIII MONETARY ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK : 5 SEMESTER: IV
CREDITS: 4 SUBJECT CODE: 19CLH
OBJECTIVES:
An Understanding of the links between monetary policy, financial markets and the real economy
UNIT –I
Definition of Money- Evolution of Money- Kinds of Money- Functions of Money- Significants of money.
UNIT –II
Value of Money- Meaning- The cash Transactions Quantity Theory of Money (Fisher) – Cash Balance (Cambridge) approach- Keyne’s Liquidity Preference Theory - Milton Friedman’s – Restatement of quantity theory of money.
UNIT –III
Inflation- Definition – Types of Inflation- Inflationary gap- Control of Inflation – Measures of Inflation
UNIT –IV
Monetary standards- Meaning – Types- Gold standard- Features-merits – Demerits- paper currency standard- Features-merits – demerits- Principle of note issue – methods of note issue.
UNIT –V
Business cycle- Meaning- Phases of Business cycle- Types of Business cycle- Keynes theory of trade cycle – The Innovation theory (Schumpeter)- Hicks theory of trade cycle.
BOOK FOR STUDY:
1. Jhingan M.L.(2004), Monetary Economics , (Konark Publication, New Delhi).
2. Gupta R.D.(1995), Keynes and post Keynesian Economics, (Kalyani Publishers, New Delhi).
REFERENCES:
1. Vaish M.C. (2004), Money, Banking and International Trade, (New Age International (P) ltd, New Delhi).
2. Sundaram K.P.M.(1996), Money , Banking and International Trade.(Vikas , New Delhi).
3. Basil J. Moore (1965), An Introduction to the theory of Finance, (Oxford University Press)
4. S.K. Basu (1975), Recent Banking Development ,(Chand and Co., New Delhi)
5. Glower R.W.(1955), (Edited) Monetary theory (Penguin Edition, New Delhi).
6. Jhonson Harry (1957), Essays in Monetary Economics (George Allen Unwin).
7. Sayers R.S. (1920), Modern banking (Oxford University Press, New Delhi).
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
B.A ECONOMICS
CORE PAPER VII STATISTICAL METHODS-II
HOURS PER WEEK : 4 SEMESTER: IV
CREDITS: 4 SUBJECT CODE: 19CLG
OBJECTIVES:
To impart knowledge on statistical methods like, skewness, correlation, regression, index numbers and analysis of time series.
UNIT – I
Tests of Skewness – Absolute and Relative Measures of Skewness - Karl Pearson’s Coefficient of Skewness – Bowley’s Coefficient of Skewness – Kelly’s Coefficient of Skewness
UNIT –I I
Correlation – Karl Pearson’s Coefficient of Correlation – Spearman’s Rank Correlation Coefficient, Concurrent Deviation Method
UNIT – III
Simple Regression Equations - Regression Coefficients - Distinction between Correlation and Regression.
UNIT – IV
Index Numbers – Problems in the Construction of Index Numbers - Unweighted Index Numbers- Simple Aggregative Method – Simple Average of Relatives Method - Weighted Index Numbers – Weighted Aggregative Method - Laspeyer’s Method – Paasche’s Method - Fisher’s Method – Marshall - Edgeworth’s Method -Weighted Average of Relatives Method - Cost of Living Index.
UNIT – V
Analysis of Time Series – Components of Time Series – Methods of Measuring Trend –Free Hand Method – Method of Semi - Average – Moving Average Method – Method of Least Squares
BOOK FOR STUDY:
1. Pillai and Bhagawathi - Statistical Methods
2. S.P. Gupta (2009) - Statistical Methods.
3. Poornam- Pulliyial
4. Gurusamy- Pulliyial
REFERENCES
1.
H. C. Saxena, (2016), Elementary Statistics, S Chand and company, New Delhi,
2.
Elhance D.N. (2004), Fundamentals of Statistics (KitabMahal, New Delhi).
3.
Gupta S.C. (2006), Fundamentals of Statistics (Himalaya, New Delhi).
4.
Gupta S.P (2010), Statistics Methods, (S Chand & Co, New Delhi).
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
B.A ECONOMICS
NON- MAJOR ELECTIVE -II PRINCIPLES OF ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK :2 SEMESTER:IV
CREDITS: 2 SUBJECT CODE: 19NL2
OBJECTIVES:
It will make to understand the basic concept of Economics for non-Economics students.
UNIT: I
Introduction - Wealth, Welfare and Scarcity Definition – Scope of Economics – Basic Problems.
UNIT – II
Difference between Micro and Macro Economics – Importance of Micro and Macro economics – static and dynamic concepts – deduction and induction methods.
UNIT – III
Definition and meaning of Public Revenue – sources of public revenue – definition and characterists of tax – public expenditure : meaning and types
UNIT – IV
International trade – Meaning – Importance – difference between international and inter regional trade – balance of payments and terms of trade.
BOOKS FOR STUDY:
• Principles of economics – M.L. Jhingan
REFERENCE:
· Micro economics theory – K. K. Dewatt
· A text book of economics theory – Stonier and Hague
· Principles of economics – M.L Seth
· Business economics – prof. Jothisivagnanam and prof. Srinivasans
BHARATHI WOMENS COLLEGE (AUTONOMOUS) CHENNAI-600108
B A ECONOMICS
CORE PAPER IX MACRO ECONOMICS-I
(For the students admitted from the year 2019-20)
HOURS PER WEEK: 6 SEMESTER: V
CREDITS: 5 SUBJECT CODE :19CLJ
OBJECTIVES
Students will learn how markets and other governance structures organise core economic activities such as production, distribution and consumption and the growth of productive resources
UNIT-I
Nature and scope of Macro Economics -Importance of Macro Economics -Limitations of Macro Economics – Macro Static and Dynamics
UNIT –II
Definition of national income –concepts of national income-Gross national product (GNP) –Net National Product (NNP) –Measures of National Income –Difficulties in the Measurement of National Income –Uses of national income estimates
UNIT –III
Classical theory of income and employment –say’s law –wage and price flexibility-Concepts of aggregate demand and aggregate supply-Keynes criticism of classical theory
UNIT -IV
Meaning of consumption function – Average and Marginal Propensity to Consume –Determinants of the consumption – Keynes’s psychological law of consumption –Measures to Raise the Propensity to Consume.
UNIT –V
Concepts of Investment –Autonomous and Induced Investment –Factors determining Investment –the Marginal Efficiency of Capital –Marginal Efficiency of Investment
BOOK FOR STUDY
1. Macro Economics Therory-M.L.Jhingan
2. Macro Economics - Sankaran
REFERENCE:
1. Macro Economics Analysis –Edward Shaprio
2. Macro Economics –Dernberg And Mcdougal
3. Introduction To Post Keynesian Eco –R.D.Gupta
4. Macro Economics Therory-M.C.Vaish
5. Macro Economics-M.L.Seth
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI -600108
B.A ECONOMICS
CORE PAPER –X PUBLIC FINANCE -I
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER:V
CREDITS:5 SUBJECT CODE:16CLK
OBJECTIVES
To provide understanding of basic concepts related to revenue, expenditure, debt, budget, and fiscal federalism.
UNIT-1
Definition- role of public finance- distinction between public finance and private finance- principles of maximum social advantage.
UNIT-2
Public and private expenditure- classification- Effects on production and distribution- major item of expenditure of the central and state- reason for public expenditure.
UNIT-3
Meaning and source of public revenue –direct and indirect ,proportional, progressive, regressive, single and multiple taxation- objective of taxation, canons of taxation, features of good tax system- effects on taxation on production, consumption and distribution- theories of taxation –cost of service, benefit and ability theories- impact- incidence and shifting of taxes- taxable capacity in India.
UNIT-4
Taxes on income and expenditure- capital gain tax- death duties- commodity taxation- custom duty- value added taxes- goods and service tax(GST).
UNIT-5
Meaning- public debt- causes of public debt - classification of public debt - effects –redemption of Public debt- features of Indian public debt
BOOK FOR STUDY
1. Public Finance – Dr. B.P Tyagi & Dr. H.P Singh
2. Fiscal Economics – S.Sankaran
3. An Introduction to Public Finance- Dr. Bose and Dr. Marimuthu
REFERENCE:
1. Public Finance – T.N Hajela
2. Fiscal policy and economic development In India –R.N.TRIPATHY
3. BUDGET AT A GLANCE –GOVT .OF INDIA
Sundaram, K.P.M &Andley K.K. (1998), Public Finance in theory and Practice S.Chand& Co, New Delhi).
BHARATHI WOMENS COLLEGE (AUTONOMOUS) CHENNAI-600108
B A ECONOMICS
CORE ELECTIVE I - MANAGERIAL ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK: 6 SEMESTER: V
CREDITS:5 SUBJECT CODE :19ELA
OBJECTIVES
· To provide a solid foundation of economic understanding to make logical managerial decisions
UNIT-I
Introduction -Meaning, scope and application of Managerial Economics-Fundamental concepts and decision making-Role of managerial economist
UNIT-II
Profit-Theories of Profit- Accounting profit and Economic profit, Break even Analysis-usefulness and limitations
UNIT III
Meaning and need for Capital Budgeting-Steps involved in Capital Budgeting- Forms of Capital Budgeting-Problems in Capital Budgeting-Demand and Supply of capital-Capital Rationing
UNIT IV
Project Profitability- Methods of Project Appraisal-Importance
UNIT V
Pricing methods-Objectives of pricing decision-Cost plus pricing-Target pricing, Pricing over life cycle of the product
BOOKS FOR STUDY
1. Managerial Economics-R.Cauveryand Sudha Nayak.
2. Managerial economics-M.L Jhingan
REFERENCES
1. Modern Economic theory-Dewett.K.M
2. Managerial Economics-Dr.Mithani.D.M
3. Managerial Economics-R.Cauveryand Sudha Nayak.
4. Managerial economics-M.L Jhingan
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
B.A ECONOMICS
CORE PAPER - XI INTERNATIONAL ECONOMICS -I
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: V
CREDITS: 5 SUBJECT CODE: 19CLL
OBJECTIVES
The objective of this course is to provide a foundation in International trade theory and enable the students to apply this theory to the study of issue in Globalisation, economic integration, and trade policy.
UNIT-1
Meaning and nature of International Trade- Difference between Inter-regional and International Trade- Salient Features – Advantages – Disadvantages.
UNIT-II
Theories of International trade- Adam smith- Ricardo- Heberler- Hecsher and Ohlin.
UNIT-III
Terms of Trade- Meaning- Types - Determinants of Terms of Trade- Factor Affecting Terms of Trade.
UNIT-IV
Export Management – Meaning- Function- Export Procedure and documents- Export Promotion.
UNIT-V
IMF - Objectives – Functions – SDR – IBRD –Objectives – Functions – Performance – WTO - Objectives -Functions – India and WTO – TRIPs, TRIMs.
BOOK FOR STUDY
1. Gupta K.R. — International Trade
2. Jhingan M.L — International Trade
3. Mithani D.M. - International Trade
REFERENCE:
1. Bhagawati . J. (Ed) (1981), International Trade, Selected Readings, Cambridge, University Press.
2. Carbough. R.J (1999). International Economics, International Thompson Publishing, New York.
3. Chacoliades. M.s. (2000), International Trade: Theory and policy. McGraw Hill,
4. Vaish M.C. and Sudama Singh — International Economics.
5. Dunn, RM. and J.H. Mutti (2000), International economics, Rouiledge London.
BHARATHI WOMENS COLLEGE (AUTONOMOUS) CHENNAI-600108
B A ECONOMICS
CORE PAPER - XII HISTORY OF EONOMIC THOUGHT
(For the students admitted from the year 2019-20)
HOURS PER WEEK:6 SEMESTER: V
CREDITS:5 SUBJECT CODE :19CLM
OBJECTIVES
It will help the student to understand how economic thought is evolved over time and to compare the contribution of main school of Economists
UNIT-1
Nature and significance of the history of economic thought- classical school– Adam Smith – Malthus – David Ricardo – J.B. Say – J.S. Mill.
UNIT – II
Socialism – Karl Marx’s Contribution to economic theories
UNIT- III
Neo Classical – Alfred Marshall’s Contribution to Economics
UNIT-IV
Welfare Economics – Old Welfare Economics – Pigou – New Welfare Economics – Pareto – J.R. Hicks – Paul Samuelson
UNIT – V
Indian Economic Thought – Dadabhai Naoroji – Gandhiji, Dr. B. R. Ambedkar – Jawaharlal Nehru– Amartya sen
BOOKS FOR STUDY
1. History of Indian Economic Thought - Dr. Loganathan
2. History of Economic Thought - Srivatsava
Reference :
1. Economic Thought - Gide and Wrist
2. Economic Thought _ Eric Roll
3. Development of Economic Thought - A Grey
4. Indian Economic Thought - Dr. B. Shanmugha Sundaram
BHARATHI WOMENS COLLEGE (AUTONOMOUS) CHENNAI-600108
B A ECONOMICS
CORE PAPER XIII MACRO ECONOMICS-II
(For the students admitted from the year 2019-20)
HOURS PER WEEK:6 SEMESTER: VI
CREDITS:5 SUBJECT CODE :19CLN
OBJECTIVES
· Identify key macro economic indicators and measures of economic change, growth and development
UNIT-I
The classical VS- Keynesian theory of income and employment- Classical Theory of Employment - Keynesian Assumption and Techniques in underdeveloped countries.
UNIT- II
Concepts of Multiplier –Investment Multiplier- Operation of Multiplier-Assumption of Multiplier – Leakages of Multiplier –Importance of Multiplier-–Principle of Acceleration -Operation of Acceleration -Interaction of Multiplier and Acceleration.
UNIT –III
Meaning – Phases of business cycle – Types of Business Cycle –Keynes Theory of Trade cycle –Samuelson Model of trade cycle
UNIT –IV
Product market equilibrium –Money market equilibrium - Derivation of IS-LM Curves - General Equilibrium Analysis – Changes in General Equilibrium.
UNIT-V
Macro Economic Policy – Objectives of Macro-Economic Policy – Instruments of Macro-Economic Policy.
BOOK FOR STUDY:
1. Macro Economics Therory-M.L.Jhingan
2. Macro Economics - Sankaran
REFERENCE:
1. Macro Economics Analysis –Edward Shaprio
2. Macro Economics –Dernberg And Mcdougal
3. Introduction To Post Keynesian Eco –R.D.Gupta
4. Macro Economics Therory-M.C.Vaish
5. Macro Economics-M.L.Seth
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI -600108
B.A ECONOMICS
CORE PAPER –XIV PUBLICFINANCE -II
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER:VI
CREDITS:5 SUBJECT CODE:19CLP
OBJECTIVES
To provide understanding of basic concepts related to revenue, expenditure, debt, budget, and fiscal federalism.
UNIT –I
Meaning –Objectives –Instruments of Fiscal policy –Limitations –Fiscal Policy in India
UNIT –II
Techniques – Objectives- procedure of budgeting -types of budget –balance and unbalance budget –revenue and capital budget –performance budgeting – zero based budgeting
UNIT –III
Meaning –principles of federal finance -Methods of inter governmental financial transfers –Role of finance commission –function and recommendations –Recent finance commission
UNIT –IV
Meaning of definition –Objectives –effect of deficit – Financing -limits-deficit financing as a source of plan finance extend of deficit financing in the five year plans –new concept of deficit used in India
UNIT-V
Local bodies and their functions –Village Panchayats, Panchayat Union and District local bodies-Municipalities, Municipal Corporation, Source and finance of local bodies –taxation, grants in aid, non-tax revenue
BOOK FOR STUDY
1. Public Finance – Dr. B.P Tyagi & Dr. H.P Singh
2. Fiscal Economics – S.Sankaran
3. An Introduction to Public Finance- Dr. Bose and Dr. Marimuthu
REFERENCE:
1. Public Finance – T.N Hajela
2. Fiscal policy and economic development In India –R.N.TRIPATHY
3. BUDGET AT A GLANCE –GOVT .OF INDIA
4. Sundaram, K.P.M &Andley K.K. (1998), Public Finance in theory and Practice S.Chand& Co, New Delhi).
BHARATHI WOMENS COLLEGE (AUTONOMOUS) CHENNAI-600108
B A ECONOMICS
CORE ELECTIVE-III BUSINESS COMMUNICATION
(For the students admitted from the year 2019-20)
HOURS PER WEEK:6 SEMESTER:VI
CREDITS:5 SUBJECT CODE :19ELC
OBJECTIVES-
· To ensure effective external communication
· To disseminate knowledge and develop skills and attitudes
UNIT-1
Communication- Meaning objectives and need-Methods: verbal and nonverbal– Modes: Telephone-SMS -Email-Importance of effective communication in business
UNIT-II
Principles of effective communication,-Communication Ethics-Barriers to communication
UNIT -III
Business writing-Principles of effective letter writing-job application letters, Resume, Interview letters, Resignation letters
UNIT -IV
Presentation skills-Principles and methods-Group communication: Interviews: Meetings-Group discussions-planning and writing reports and proposals, Public notices
UNIT- V
Activities-Paragraph writing, Presentations, Mock interviews-Conferences, Book reviews, Aids to correct writing
BOOK FOR STUDY
1. Business Communication- Kathirasen Dr.Radha
REFERENCES
1. Gerside-Modern Business Letters-Eibs,London
2. Woolcoff and Unwin-Marketing Business communication
3. Stewant,Zimmer and Clark- Business Entrepreneur-M.C. Grawss
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
B.A ECONOMICS
CORE PAPER -XV INTERNATIONAL ECONOMICS -II
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: VI
CREDITS: 5 SUBJECT CODE: 19CLQ
OBJECTIVES
The objective of this course is to provide a foundation in International trade theory and enable the students to apply this theory to the study of issue in Globalisation, economic integration, and trade policy.
UNIT – I
Trade Policies – Free Trade Vs Protection – Causes for and against Free Trade and Protection –Tariff and its effects.
UNIT – II
Balance of Payment – Balance of Trade and Balance of Payment – Disequilibrium – Causes for the Disequilibrium in the Balance of Payments – Measures for the Removal of Disequilibrium
UNIT- III
Foreign Exchange – Meaning – Stable and Flexible Exchange Rate – Foreign Exchange Market- Functions- Purchasing Power Parity Theory.
UNIT- IV
International Capital Movement – Meaning – Types- Factors affecting International Capital Movements
UNIT - V
Foreign Capital in India – Government Policy towards Foreign Capital – Impact of Foreign Capital on Economic Development of India - FDI.
BOOK FOR STUDY
1. Gupta K.R. — International Trade
2. Jhingan M.L — International Trade
3. Mithani D.M. - International Trade
REFERENCE:
1. Bhagawati . J. (Ed) (1981), International Trade, Selected Readings, Cambridge, University Press.
2. Carbough. R.J (1999). International Economics, International Thompson Publishing, New York.
3. Chacoliades. M.s. (2000), International Trade: Theory and policy. McGraw Hill,
4. Vaish M.C. and Sudama Singh — International Economics.
5. Dunn, RM. and J.H. Mutti (2000), International economics, Rouiledge London.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
B.A ECONOMICS
CORE ELECTIVE – II ENTREPRENEURIAL DEVELOPMENT(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: VI
CREDITS: 5 SUBJECT CODE: 19ELB
OBJECTIVES
To develop and strengthen entrepreneurial Quality and motivation of students and to impact basis entrepreneurial skills and understanding to run business effectively and efficiently.
UNIT- I
Meaning of entrepreneur - Types of entrepreneur – Barriers – Nature and characteristics of entrepreneur – Difference between entrepreneur and intrapreneur - Role of entrepreneur for economic development.
UNIT- II
Women entrepreneurs – Concept – Need - Barriers – Programmers for development of Women entrepreneur.
UNIT-III
Small Scale industries – Definition - Role in economic development – Problems - Policies for Small Scale Industries.
UNIT - - IV
Innovation and Motivation – Definition Creative Process – Concept of Motivation – Motivation Factor
UNIT – V
Entrepreneurial support system –District Industry Centres (DICs) –Small Industries Service Institutes (SISIs) –Small Industrial Development Bank of India (SIDBI) – Entrepreneurial development programmes in India
BOOK FOR STUDY:
Dr.S.S.Khanka (2011), Entrepreneurial Development S.Chand & Company Ltd, Ram Nagar New Delhi.
Reference
1. Vasant Desai,(2008), Dynamics of Entrepreneurial Development and Management, Himalaya Publishing House, New Delhi.
2. Robert D. Hisrich, Michael P. Peters and Dean A. Shepherd,(2007) Entrepreneurship, Tata McGraw Hill, New Delhi.
3. Dr.S.S.Khanka (2011), Entrepreneurial Development S.Chand & Company Ltd, Ram Nagar New Delhi.
4. Poornima M. Charantimath, (2007), Entrepreneurship Development and Small Business Enterprises, Pearson Education, New Delhi.
5. Khanka, S.S.(2007), Entrepreneurial Development, S.Chand& Company, New Delhi.
PG SYLLABUS
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER I ADVANCED MICRO ECONOMICS-1
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: I
CREDITS: 5 SUBJECT CODE: 19MLA
TEACHING OBJECTIVE:
The Objective of the course of to provide the students with a thorough knowledge of Micro Economic Analysis
UNIT – I
The law of Diminishing Marginal Utility – The Principle of Equi –Marginal Utility –Elasticity of demand – Measurement – Concept of consumer’s surplus.
UNIT – II
Ordinal Utility- Indifference curve analysis – Properties of Indifference curve – consumer equilibrium in Indifference curve analysis – Income effect – Substitution effect- Price effect- Superiority and weakness of indifference analysis.
UNIT – III
Revealed preference theory – Evaluation of the Revealed Preference Theory – St peter’s burg Paradox – The Neuman – Morgestern Hypothesis
UNIT – IV
Production Function – Law of variable Proportions – Laws of return to scale –Cobb – Douglas production function - Cost curves – Short- run and Long- run cost
UNIT-V
Concept of Economic equilibrium - Static and dynamic equilibrium – Stable and unstable equilibrium – Partial equilibrium – General equilibrium – Existence, Uniqueness and Stability of an equilibrium - the Walrassion model of General equilibrium.
BOOKS FOR STUDY
1. Jhingan. M.L (2004), Micro Economic Theory, (Vrinda Publications- Delhi).
2. Sundaram K.P.M. and Vaish M.C. (2004), Micro Economic Theory (S.Chand, New Delhi)
REFERENCES
1. Ahuja H.L (2004), Advanced Economic Theory (Sultan Chand Co., New Delhi).
2. Hal R. Varian (2004), Intermediate Micro Economics (East-West Press: New Delhi)
3. Ruffin Roy. J (1992), Intermediate Micro Economics Harper & Collins Publishers.
4. Koutsyiannis A. (1978), Modern Micro Economics, (Macmillan- London).
5. Ferguson C.E. (1970), Micro Economic Theory, (Homewood, U.S.A).
6. GisserMichall (1978), Introduction to Price Theory, (International Text Books Co.),
7. Salvatore, Dominick (2004), Micro Economic Theory (Tata Mcgraw Hill-New Delhi).
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER II PUBLIC ECONOMICS -I
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: I
CREDITS: 5 SUBJECT CODE: 19MLB
OBJECTIVES:
To examine the present and future financial position by applying fiscal tools.
UNIT –I
Introduction of public economics –Nature and scope of public economics-Objectives--Instruments - Major Fiscal Functions –private and public goods –Market Failure & externalities –Need to Government Intervention
UNIT –II
Sources of revenue –Tax revenue –Non-Tax revenue - cannons & principles of taxation –Other Sources of revenue to the government (income from public enterprises, grants –in –aid ,deficit financing and borrowing (Internal and external) - Theory of optimal taxation
UNIT –III
Theories of public expenditure –collective consumption-Musgrave - Wagner’s law -Wiseman peacock hypothesis –structure and growth of public expenditure policy and reforms in India
UNIT –IV
Theory of social goods –cost-benefit analysis – Nature- Elements- Valuation of benefit – Problems- the need of discounting – Merits- Limitations- shadow prices – Methods- Usefulness of Shadow Price
UNIT –V
Taxable Capacity- Tax- Reforms- Major Recommendations of the task force (Kelkar committee) Direct and indirect taxes- ,VAT – MANVAT- MODVAT- GST, design, Implementation and Impacts.
BOOK FOR STUDY
1. Public Economics- Om Prakash
2. Public Finance –Dr. B. P.Tyagi
3. Public Finance- Dr. Kavery et al
REFERENCES:
1. Public Finance –S.K .Singh
2. Public Finance –Lekhi
3. Public Economics – A.K Bhatia
4. Public Finance – Dr. Bose et al
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER III HUMAN RESOURCE MANAGEMENT
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: I
CREDITS: 5 SUBJECT CODE: 19MLC
OBJECTIVES:
To familiarise students with designing, implementation and evaluation of HRD programmes in a corporate setting
UNIT-1
Introduction –Definition – Functions- Objective - Importance
UNIT-2
Job analysis and evaluation- Job description- Classification- Advantages and Limitation of job Evaluation
UNIT -3
Human Resource Planning-Importance-Objectives -Factors- HR Planning at Various Levels
UNIT-4
Selection-steps involved-Interview -Types of interview- Confirmation of service Utilization of human resources- The problem of educated unemployment -Remedies
UNIT-5
Work Force Reduction, Realignment and Retention - HR Performance and Bench Marking - Impact of Globalization on HRD.
BOOK FOR STUDY
1. Human Resource Management-Harish Kumar
2. Human Resource Management-Sharma
3. Personal Management – Memoria
REFERENCE
1. Werner &Desimone, (2006), Human Resource Development, CengageLearning,New Delhi.
2. Human Resource Management – Narasaiah
3. Uday Kumar Haldar (2009), Human Resource Development, Oxford University Press, New Delhi.
4. SrinivasKandula (2001), Strategic Human Resource Development, PHI Learning, New Delhi.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER IV ECONOMICS OF GROWTH AND PLANNING-I
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: I
CREDITS: 5 SUBJECT CODE: 19MLD
OBJECTIVES:
Economic Development examines the problems of UDC’s and to achieve human endowment towards social attitude, Occupational structure, productive structure in allocation of productive resources and raising output, reducing inequality and alleviate poverty.
UNIT I
Meaning of Economic Development and Economic Growth — Difference between Growth and Development- Factors of Development - Obstacles to Development,
UNIT – II
Concepts of Under Development, General Characteristics of an Under Developed countries — Characteristics of Modern Economic Growth — Gross National Happiness (GNP).
UNIT — III
Neo classical Theory — The Marxian Theory — Rostow’s Stages of Economic Growth — Nurkse theory — The Doctrines of Balanced Growth and Unbalanced Growth.
UNIT —-1V
Growth Models — The Harrod — Domar Models ~Joan Robinson’s Model of Capital Accumulation - Meades’s Growth Model
UNIT-V
Kaldor and Solow Model of Economic Growth, Nelson’s Low level Equilibrium Trap
BOOK FOR STUDY:
1. M.L.Jhingan ~~ The Economics of Development and Planning Konark Publishers .New Delhi, 2003.
2. A.N. Agarwal- Indian Economy –Problems of Development and Planning new Age International (p) LTD,Chennai 2000.
REFERENCE
1. A.N. Agarwal- Indian Economy –Problems of Development and Planning new Age International (p) LTD,Chennai 2000.
2. Ruddar Dutt and K.P.M. Sundaram –Indian Economy .S.Chand and Sons, New Delhi 2004.
3. Ishwar C.Dhingara- Indian Economy, Sultan Chand and Sons ,New Delhi 2003.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
ELECTIVE - 1 ENVIRONMENTAL ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: I
CREDITS: 5 SUBJECT CODE: 19EL1
Objectives
· To learn to use of main stream Economics to Environmental issues.
· To help Students to appreciate the relationship between environment and development
UNIT: I
Environmental Economics – Meaning – Environment and Ecology interrelationship – Role and Significance of Environmental Economics – Principals of Ecology - Economic System – Stability of Economics Systems – Limiting Factors – Ecological pyramids – Balance of Nature.
UNIT: II
Externalities – Environmental Quality as a public good – Tragedy of communications
UNIT: III
Types of Pollution and Pollution Problem – Pollution Control Measures – Regulation and Effluent Fees – Tax Subsidisers – Pollution Permits.
UNIT: IV
Cost Benefit analysis – Demerits from controlling Pollution – Efficiencies in Pollution Control - Limitation of the cost benefit Analysis
UNIT –V
Indian’s Environmental Policy – Environmental Problems in Developed and Developing Countries.
BOOK FOR STUDY:
Karpagam M (1998), Environmental Economics (Streling Publishers, New Delhi.
REFERENCES
1. Henley, Nick, J.F.Shogren and White (2001), Introduction to Environmental Economics (London Oxford University press).
2. Field Barry C (2001), Natural Resources Economics: An Introduction (London: McGraw Hill).
3. Sankar U (2000), Environmental Economics (Oxford University Press: New Delhi)
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER V ADVANCED MICRO ECONOMICS-II
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: II
CREDITS: 5 SUBJECT CODE: 19MLE
OBJECTIVE:
The main focus will be on developing their modelling skill and encouraging them to think analytically about real world phenomena.
UNIT – I
Perfect competition – Features of Perfect competition – Equilibrium of the Industry and Firm in Short – run and Long run – Monopoly – Short-run and Long-run equilibrium – Price discrimination – Monopoly control and regulation.
UNIT- II
Features and causes of monopolistic competition – Price determination under monopolistic competition – Product differentiation - Selling cost and Monopolistic competition – Duopoly - Oligopoly – Features of Oligopoly – Price rigidity and stability under Oligopoly Sweezy’s model – Collusive oligopoly – Cournot - Stackelberg – Chamberlin - Non-collusive oligopoly models – Cartels and price leadership
UNIT – III
Marginal productivity theory – Functional and personal distribution of income –Ricardian theory of Rent – Marshall’s concept of Quasi – Rent – Nominal and real wage – Wage determination under Perfect competition and Inperfect competition – Trade union and collective bargaining - Theory of Minimum Wages - Loanable fund theory of interest – Keynes’ Liquidity preference theory – Profit as reward for risk and uncertainty.
UNIT – IV
Alternative Theories of firm – Boumol’s Sales revenue maximisation – Willianmson’s model of Managerial discretions – Game theory
UNIT – V
Meaning of Social Welfare – Value Judgement – Pigou’s Ideal Output – Pareto Optimality – Market failure – Theory of second best – Arrow’s Impossibility theorem.
BOOKS FOR STUDY
1. Jhingan. M.L (2004), Micro Economic Theory, (Vrinda Publications- Delhi).
2. Sundaram K.P.M. and Vaish M.C. (2004), Micro Economic Theory (S.Chand, New Delhi)
REFERENCES
1. Ahuja H.L (2004), Advanced Economic Theory (Sultan Chand Co., New Delhi).
2. Hal R. Varian (2004), Intermediate Micro Economics (East-West Press: New Delhi)
3. Ruffin Roy. J (1992), Intermediate Micro Economics Harper & Collins Publishers.
4. Koutsyiannis A. (1978), Modern Micro Economics, (Macmillan- London).
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI -600108
M.A ECONOMICS
CORE PAPER VI PUBLIC ECONOMICS -II
(For the students admitted from the year 2019-20)
HOURS PER WEEK : 5 SEMESTER: II
CREDITS: 4 SUBJECT CODE:19MLF
OBJECTIVES:
To examine the present and future financial position by applying fiscal tools.
UNIT –I
Budgeting –Performance budgeting –Program budgeting –Zero based budgeting – fiscal and other deficit ,central and state government budgets
UNIT –II
Public debt –Methods of raising public debt –Concept of burden of public debt-present and future effects on the economy –Growth and composition of public debt in India –Debt management –public debt policy
UNIT –III
Fiscal policy – Objectives – Fiscal policy and mobilization of resources - fiscal policy for stabilization (compensatory spending ,pump priming activities), - Fiscal reforms – Fiscal responsibility and Budget Management Act 2003 (FRBM Act 2003).
UNIT-IV
Fiscal federalism in India – Concepts of the nature of federal systems- Problems- Principles- Union – state relationship- Resources transfer Mechanism in India – Recent finance commission- Financial autonomy for states
UNIT-V
Local Finance –Meaning – Importance – Need- Sources- Problems- GRAM Panchayat (village panchayat) –Panchayat samiti (panchayat union)- Zila parishad (district board) - Municipalities – Municiple Corporations – Octori duties – Causes for abolition of Octroi
BOOK FOR STUDY
1. Public Economics- Om Prakash
2. Public Finance –Dr. B. P.Tyagi
3. Public Finance- Dr. Kavery et al
REFERENCES:
1. Public Finance –S.K .Singh
2. Public Finance –Lekhi
3. Public Economics – A.K Bhatia
4. Public Finance – Dr. Bose et al
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER - VII STATISTICS FOR ECONOMISTS
(For the students admitted from the year 2019-20)
HOURS PER WEEK :5 SEMESTER: II
CREDITS: 4 SUBJECT CODE: 19 MLG
OBJECTIVES :
To impart knowledge on-
Ø Correlation and Regression
Ø t- Test
Ø Z Test
Ø Chi-square Test and
Ø ANOVA
UNIT- I
Correlation - Types of Correlation – Simple, Partial and Multiple Correlation – Regression – Simple Regression (Problems and Theory)
UNIT- II
Statistic — Parameter —Types of Sampling — Meaning and Functions of Sampling Distribution — Estimator and Estimates — Types of Estimates — Properties of a good estimator. (Theory)
UNIT- III
Hypothesis Testing — Procedure of Testing Hypothesis — Types of Errors (Type 1 & II) — One Tailed and Two Tailed Tests — Tests of Significance for Attributes — Tests of Significance for Small Samples (t Test) — Tests of Significance for Large Samples (Z Test) Standard Error of Mean – Standard Error of Standard Deviation — Limitations of Tests of Significance. (Problems and Theory)
UNIT- IV
The Chi-Square Tests and Goodness of Fit — Degrees of Freedom — Conditions for Chi-Square Test — Uses and Limitations of Chi-Square Test. (Problems and Theory)
UNIT-V
Computing and Interpreting the F Statistic — The F distribution — Assumptions -Applications of ANOVA - One way classification Model and Two Way Classification Model. (Problems and Theory).
BOOK FOR STUDY:
1. Pillai and Bhagawathi - Statistical Methods
2. S.P. Gupta (2009) - Statistical Methods.
3. Poornam- Pulliyial
REFERENCE:
1. S.C.Gupta, An Introduction to Statistics.
2. Richard I Levin & Davide S. Rubin, Statistics for Management.
3. D.C.Sancheti & V.K Kapoor, Statistic
4. Agarwal. Y.P (2002), Statistics Methods – Concepts Application and Computation, Sterling Publishers Private Ltd., New Delhi
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER VIII ECONOMICS OF GROWTH AND PLANNING-II
(For the students admitted from the year 2019-20)
HOURS PER WEEK :5 SEMESTER: II
CREDITS: 4 SUBJECT CODE: 19MLH
OBJECTIVES:
Economic Development examines the problems of UDC’s and to achieve human endowment towards social attitude, Occupational structure, productive structure in allocation of productive resources and raising output, reducing inequality and alleviate poverty
UNIT 1
Role of Public Sector - Self Sufficiency and Self reliance - Importance of infrastructure in Economic Development
UNIT-2
Types and Role of Foreign Capital in Economic Development - Role of price Policy in Economic Development
UNIT-3
Role of Technology in Economic Development - Growth vs Equity Intervention of State in Poverty Eradication and Reduction in Inequality
UNIT-4
Economic Planning - Meaning and Objectives of Economic Planning-Types of Planning- Planning techniques - Input-Output ratio, investment criteria and Choice of Technology.
UNIT-5
Human Capital HRD - Manpower planning and Entrepreneurial ability
BOOK FOR STUDY:
1. M.I Jhingan-The Economic of Development and Planning, Konark Publishers New Delhi, 2003
2. AN. Agarwal Indian Economy - Problems of Development and Planning New age International (P) Ltd, Chennai 2000
REFERNCES
1. Ruddar Dutt and K.PM. Sundaram-Indian Economy, S Chand Sons, New Delhi 2004
2. Ishwar C. Dhingra-Indian Economy, Sultan Chand and Sons, New Delhi 2003.
3. Himalaya Publishing House, Mumbai 2004
4. K.K. Dewett and satish Dhawan. Economics of Growth and Development
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
ELECTIVE-II FINANCIAL ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK : 5 SEMESTER: II
CREDITS: 4 SUBJECT CODE: 19EL2
OBJECTIVES:
To provide students with an understanding of financial markets operations and financial Instruments.
UNIT -1
Introduction — Structure of financial systems in India — Functions and organization of financial markets
UNIT -II
Money market structure — Function— Instruments — Features of Indian money market
UNIT -III
Capital market — Introduction — Importance- Terms used in capital market — Procedures for new issue — Capital market reforms — Capital market instruments — Equity shares — Debentures — Bonds — SEBI guide lines.
UNIT -IV
Mutual funds – Types – Benefits – Credit rating and Credit rating agencies in India.
UNIT-V
Derivatives – Forward market – Hedging – Options market - Swaps
BOOKS FOR STUDY:
1. Gurusamy, Financial Service, TMH.
2. Santhanam, Financial Service
REFERENCES:
1. Khan. M.Y. Indian Financial System- Theory and Practice, TMII.
2. Bhole, L.M., Financial Market and Institution, TMH.
3. Pathak, B., Indian Financial System ,Pearson.
4. Habel J.Johnson, Financial Institution and Markets.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
SUPPORTIVE ELECTIVE -I
ENTREPRENEURIAL DEVELOPMENT PROGRAMME
(For the students admitted from the year 2019-20)
HOURS PER WEEK :4 SEMESTER: II
CREDITS: 3 SUBJECT CODE: 19SE1
OBJECTIVES:
To develop and strengthen entrepreneurial Quality, to motivate the students, to run business effectively and efficiently.
UNIT: I
Entrepreneurship – Concept – Meaning – Competencies and qualities of an entrepreneur.
UNIT – II
Classification – Types – Entrepreneurs and Managers – Self employment
UNIT – III
Small scale industries – definition – Role in economic development – Problems and policies
UNIT – IV
Entrepreneurial supportive system – District Industry Center (DICs) – Commercial Banks- State Financial Corporations.
UNIT – V
Small Industries service Institutes (SISIS) Small Industries Development Bank of India (SIDBI), National small Industries Corporations (NSIC).
BOOKS FOR STUDY:
1. Bhatta Charya. H – Entrepreneurial Development
2. Misra. P.N – Development Bank and New Entrepreneurship in India.
3. Rao S.k - Entrepreneurial Development in India
4. P. Saravana Vel - Entrepreneurial Development
REFERENCE:
1. Vasant Desai, (2008), Dynamics of Entrepreneurial Development and Management, Himalaya Publishing House, New Delhi.
2. Robert D. Hisrich, Michael P. Peters and Dean A. Shepherd, (2007), Entrepreneurship, Tata McGraw Hill, New Delhi.
3. Poornima M. Charantimath, 2007, Entrepreneurship Development and Small Business Enterprises, Pearson Education, New Delhi.
4. Khanka, S.S. (2007), Entrepreneurial Development, S. Chand & Company, New Delhi.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER-IX ADVANCED MACRO ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: III
CREDITS: 5 SUBJECT CODE: 19MLJ
OBJECTIVES
· Students will learn how markets and other governance structures organise core economic activities such as production, distribution and consumption and the growth of productive resources
· Identify key macro economic indicators and measures of economic change, growth and development
UNIT I
A brief revision of Keynes contribution to Macro Economic Concepts- Derivation of IS-LM Curve
UNIT-II
Effectiveness of monetary, fiscal policy-the synthesist view-three range analysis-monetary policy & fiscal policy- Keynesian range-classical range-intermediate range-monetary fiscal mix.
UNIT-III
Recent Development in Consumption Function- Absolute Income, Relative Income, Permanent Income and Life Cycle Hypothesis.
UNIT-IV
Role of Technological Shocks in real Business cycle theory- Criticism of the Real Business cycle theory- Role of money in Real Business cycle theory- Policy implication of real Business cycle theory
UNIT-V
Macro Economic policy- objectives – conflicts in growth and stability- income distribution- inequality- corrective measures
BOOKS FOR STUDY:
1. R.D. Gupta - Keynes and post Keynesian Economics
2. M.L. Jinghan - Macro Economics
3. A.R. Gupta - Macro Economics
REFERENCE:
1. Edward Shapire - Macro Economics
2. Gardner Ackday - Macro Economics
3. Breoman - Macro economics
4. Demberg - Macro Economics
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER XII INDIAN ECONOMIC POLICY
(For the students admitted from the year 2019-20)
HOURS PER WEEK :5 SEMESTER: III
CREDITS: 4 SUBJECT CODE: 19MLM
OBJECTIVES
To examine the present state and future prospects of the Indian economy and the evolution economic policies in India
UNIT 1
Economic development and its determinants - India as rapidly emerging developing Economy, Approach to economic development and its measurement- Social and Economic indicators-Physical Quality Of Life index (PQLI) –Human Development index (HDI)
UNIT-2
National Income concept - Measuring Inequality – Lorenz curves- Ginni Index – Causes of Inequality- Regional disparity- Measure to remove disparity.
UNIT-3
Capital formation-Importance- Measurement of capital formation – Domestic saving and capital formation-Capital Output Ratio- Social Infra structure : Education, Health, Energy, Energy crisis - Energy policy
UNIT-4
Poverty-Extent and magnitude-Measuring poverty -Poverty Line-Tackling poverty-Poverty alleviation programmes- - Demographic features of Indian population -Population policy -Family welfare programme -Urbanisation and Economic Growth in India-Nature of unemployment -Schemes to reduce unemployment.
UNIT-5
Goals and strategy of Indian planning-Objectives -Achievements since 1950- Pattern of resources allocation-Review of Indian Planning-Weakness
Books for study
1. Dhingra I.C Indian Economic Policy, Sultan Chand&Co New Delhi
2. Ruddar Dutt and KPM Sundaram-Indian Economy, S.chand&Co Ltd
REFERENCE:
1. M.L.Taneja and Dr.R Myer-Economics of Development and Planning,
Visha Publishing Co New Delhi
2. Dhingra I.C Indian Economic Policy, Sultan Chand&Co New Delhi
3. Ruddar Dutt and KPM Sundaram-Indian Economy, S.chand&Co Ltd
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER-X INTERNATIONAL ECONOMICS -I
(For the students admitted from the year 2019-20)
HOURS PER WEEK :5 SEMESTER: III
CREDITS: 5 SUBJECT CODE: 19MLK
OBJECTIVES
To provide a foundation in International trade theory and enable the students to study the issues relating to globalisation, economic integration, and trade policy.
UNIT - 1
Nature, Scope and Importance of International Economics International Economics — Internal and International Trade — Basic Analytical Tools — Production Possibility Curve — Opportunity Cost — Budget Line — Iso product or Iso quants.
UNIT —II
Theories of International trade: Absolute advantage -comparative advantage - Hecksher and Ohlin Modern Theory of International Trade.
UNIT -III
Balance of payment — Structure — Balance of Trade and Balance of payments — Disequilibrium — Causes for the Disequilibrium in the Balance of payments — Measures for the removal of disequilibrium. Trade policies — Free trade Vs protection — Cases for and against free trade and protection
UNIT -IV
Terms of Trade — Types — Determinants of Terms of Trade — factors affecting Terms of Trade — Gains from Trade — Potential and actual gains from international trade — Factors determining the Gains from Trade — Static and Dynamic Gains from Trade.
UNIT-V
Foreign trade multiplier- Trade problems and trade policies in India — Recent changes in the direction and composition of trade and their implications — international capital movements — factors affecting international capital movement Foreign capital in India — Government policy towards foreign capital — impact of foreign capital on economic development of India.
BOOK FOR STUDY:
1. Gupta K.R. — International Trade
2. Jhingan M.L — International Trade
3. Mithani D.M. - International Trade
REFERENCE:
1. Bhagawati . J. (Ed) (1981), International Trade, Selected Readings, Cambridge, University Press.
2. Carbough. R.J (1999). International Economics, International Thompson Publishing, New York.
3. Chacoliades. M.s. (2000), International Trade: Theory and policy. McGraw Hill,
4. Vaish M.C. and Sudama Singh — International Economics.
5. Dunn, RM. and J.H. Mutti (2000), International economics, Rouiledge London.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER XI MANAGERIAL ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK :5 SEMESTER: III
CREDITS:4 SUBJECT CODE: 19MLL
OBJECTIVES
· To provide a solid foundation of economic understanding to make logical managerial decisions
UNIT-I
Introduction- Meaning and Scope of Managerial Economics- Role and Responsibilities of Managerial Economists - Uses & Fundamental Concepts of Managerial Economics
UNIT-II
Demand forecasting- Meaning- Objectives of Demand Forecasting -Process -Techniques -Significance of Demand Forecasting
UNIT-III
Group equilibrium - Excess Capacity-Bilateral Monopoly-Oligopoly- Sweezy Model -Cartel Agreement, Price Leadership
UNIT-IV
Concept of Profit-Profit Policies- Profit Planning and Control- Measurement of profit - Break Even Analysis- Managerial uses of Break-Even Analysis
UNIT-V
Capital budgeting - Meaning - Need and importance of Capital Budgeting Evaluation of Investment Proposals-Investment Decision under Risk- Managerial Techniques For Investment Decision Making
BOOKS FOR STUDY
1. Managerial economics - Varshney RL and Maheswari KL
2. Managerial economics-Carvery R Sudhanayak.U.K. Girija M&Meenakshi P
REFERENCES
1 Managerial economics - Joel Dean
2 Managerial economics-Carvery R Sudhanayak.U.K. Girija M&Meenakshi P
3 Business economics Prof. Dr.K.Jothi Sivagnanam and Prof Dr R.Srinivasan
4 Managerial economics-S.P.Singh
5 Managerial economics-M.L.Jhingan, J.K Stephen
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
ELECTIVE-III RESEARCH METHODOLOGY
(For the students admitted from the year 2019-20)
HOURS PER WEEK :5 SEMESTER:III
CREDITS: 4 SUBJECT CODE: 19EL3
OBJECTIVES :
To learn about-
· The purpose of research
· Formulation of research problem and hypothesis
· Hypothesis testing procedure
· Data processing and
· Report writing
UNIT – I
Social Science Research — Meaning, Scope, Objectives — Problems and Limitations of Social Science Research — Ethics in Social Science Research
UNIT – II
Types and Methods of Research — Classifications — (Theoretical And Empirical, Formative and Descriptive, Diagnostic, Evaluations Study, Experimental, analytical or Statistical, Historical Surveys, Case Study) — Steps in Research
UNIT – III
Review of Literature — Need, Purpose, Procedure, Sources — Planning the Review Processing and Analysis of Data: Editing, Coding and Tabulation; Use of Computers in Social Science Research- Diagrammatic and Graphic Representation of Data- Interpretation of Results and Report Writing – Preparation of Project Proposals.
UNIT – IV
Selection of a Problem - Formulation of the Selected Problem — Objectives — Hypothesis - Types, Sources, Functions of Hypothesis — Characteristics of a Good Hypothesis
UNIT – V
Preparation of the Research Design ~ The functions of a Research Design- Processing of Data – Processing Operations and the Role of Computer in Data Processing - Report Writing
BOOK FOR STUDY:
1. C.R. Kothari (2002), Research Methodology Vikas Publishing House, New Delhi
2. Ranjith Kumar(2011)- Research Methodology, sage Publishing, New Delhi
3. P. Saravanavel (2008) - Research Methodology , Kitab Mahal, Allahabad
4. Kumar (2009) - Research Methodology, Lakshmi Narain Agarwal. New Delhi
REFERENCES
Goode W. J and Hatt(1952), Methods in Social Research, Mcgraw Hill Book Co, Tokyo.
Kenneth. D, and Bailey (1962), Methods of Social Research, Longman’s Green Co, New York.
Enhance. D.N(1973), Fundamentals of Statistics), KitabMahal, Allahabad.
Gupta. C.B (1998), An Introduction to Statistical Methods, Vikas publishing House, New Delhi.
5. Research Methodology in Management — V.P Mich
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
SUPPORTIVE ELECTIVE –II ECONOMICS OF INSURANCE
(For the students admitted from the year 2019-20)
HOURS PER WEEK :4 SEMESTER: III
CREDITS: 3 SUBJECT CODE: 19SE2
OBJECTIVES:
To enhance knowledge on various insurance concepts and its benefits.
UNIT-1
Introduction to Insurance – Definition – Purpose and need of insurance – Insurance and economic development.
UNIT-II
Types of Insurance – Life – Marine – Fire
UNIT-III
Procedure for becoming an agent – Qualities of an agent – Functions of an agent
UNIT-IV
Procedure regarding settlement of policy claims- Life Insurance – Fire Insurance – Marine Insurance
UNIT-V
Regulation of Insurance- Insurance Regulation and Development Authority (IRDA)
BOOKS FOR STUDY:
1. Gupta R.S – Life Insurance Frank Brothers, New Delhi
2. Misra.M.N – Insurance Principles Practices, S.chand of co., New Delhi
REFERENCE:
1. Bhole. L.M (1990). The Indian Financial System. Tata McGraw Hill New Delhi
2. Black K.Jr and H.D.Skipper Jr. (2000), Life and Health Insurance,Prentice Hall, UpperSaddleRiver New Jerssey.
3. Finsinger,J.andM.V.Pauly (Eds.)(1986),The Economics of Insurance Regulation : A Cross National Study, Macmillan London.
4. Insurance Institute of India, Life Assurance Underwriting,(IC-22), Mumbai.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
ELECTIVE - V DEMOGRAPHY
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: IV
CREDITS: 5 SUBJECT CODE: 19EL5
Objectives:
· To achieve knowledge about size, composition, organization and distribution of the population.
· To describe the past evolution present distribution and future changes in the population of an area.
UNIT- I
Human resources and Economic Development – The theory of demographic Transition – Demographic profile of india – trends Growth rate life expectancy density and age compositin of population
UNIT – II
Population explosion – nature of population problem – causes of growth of population effect, Human Development Index (HDI)
UNIT – III
Population policy in India – need components, control and Government policy National Population Policy 2000.
UNIT – IV
Fertility – meaning Importance level and trends, factors affecting fertility population projections demographic dividend
UNIT – V
Migrant and Urbanisation effects on economic development, urbanisation in India – international migration.
Book for Study
1. Indian Economy – Dutt and Sundram
2. Indian Economy – LC dhingra
3. Indian Economy – A N Agarwal
Reference
1. BhendeAsha, A and Tara Kanitkar, (2012)Principles of Population studies, Mumbai Himalaya Publishing House.
2. Bogue, Donald J (1969), Principles of Demography, New York: John Wiley and Sons.
3. BaskarD.Misra. (1980), An introduction to the Study of Population, Madras: South Asian Publishers Pvt.Ltd
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER XV HEALTH ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: IV
CREDITS: 6 SUBJECT CODE: 19MLQ
OBJECTIVES:
To impart knowledge on the issues in health care system in India.
UNIT – I
Nature and Scope of Health Economics – Determinants of Health – Significance of Good Health.
UNIT- II
Characteristics of Demand for Health Care –Factors Influencing the Demand for Health Care – Supply of Heath Care and Segments of Heath Care Industry.
UNIT – III
Need for Health Care Planning – Process of Planning in the Health Sector – Health Care during Five Year Plans
UNIT – IV
Different Systems of Medicine in India – Problems of Different Types of Hospitals – Government Hospitals – Corporate Hospitals – Trust Based Hospitals
UNIT-V
Occupational Health Hazards – Employee Benefit Plans – National Health Policy 2002 – National Health Policy 2017 – Ayushman Bharat Yojana.
BOOKS FOR STUDY:
1. Anand Shikha Goel, 2008, AITBS Publishers,
2. Health Economics and Policy- James w.Henderson 2007
3. Personnel Management – Mamoria and Gankar.
BOOKS FOR REFERENCE:
1. Perliman M.(Ed) – The Economics of Health and Medical Care
2. Alistair McGuire, John Henderson and Gavin Mooney (1988), The Economics of Health Care: An Introductory Text. [Routledge and Kegan Paul London and New York. PP. 9-30].
3. Asha A. Bhende and Tara Kanitkar (2001), Principles of Population Studies [Himalaya Publishing House, New Delhi].
4. Park, K. (2000), Park's Text Book of Preventive and Social Medicine. 16th edition. [M/s BanarsidasBhanot Publishers, Jalalpur].
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER -XIV INTERNATIONAL ECONOMICS -II
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: IV
CREDITS: 5 SUBJECT CODE: 19MLP
OBJECTIVES
To provide a foundation in International trade theory and enable the students to the study of issues relating to Globalisation, Economic Integration, and Trade Policy.
UNIT-I
Export Management-Definition and Scope – Export Management and Export Marketing -Export Procedure –Export Finance -Role of Commercial Banks and RBI in export finance- EXIM bank functions
UNIT-II
Meaning of Foreign Exchange Rate- Determination of Equilibrium Exchange Rate Theories of Foreign Exchange Rates - Purchasing Power Parity Theory BOP theory - Causes of Changes in the Exchange Rates - Stable and Flexible Exchange Rates –Devaluation –Effects on Export and Import - Exchange Control Methods
UNIT-III
International Monetary Fund- Objectives - Functions -Exchange Rate Policy –SDR Schemes and Uses.
UNIT-IV
IBRD (World Bank)-Objectives and Functions –Lending Operations - Other activities of World Bank Critical appraisal of working of World Bank-India and the World Bank
UNIT-V
GATT - Objectives of GATT –Provision of GATT -GATT conferences (Round of Global Trade Negotiations). The Uruguay Round and WTO – Objectives, Functions - TRIPs and TRIMS
BOOK FOR STUDY:
1. Gupta K.R. — International Trade
2. Jhingan M.L — International Trade
3. Mithani D.M. - International Trade
REFERENCE:
1. Bhagawati . J. (Ed) (1981), International Trade, Selected Readings, Cambridge, University Press.
2. Carbough. R.J (1999). International Economics, International Thompson Publishing, New York.
3. Chacoliades. M.s. (2000), International Trade: Theory and policy. McGraw Hill,
4. Vaish M.C. and Sudama Singh — International Economics.
5. Dunn, RM. and J.H. Mutti (2000), International economics, Rouiledge London.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
ELECTIVE IV LABOUR ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: IV
CREDITS: 5 SUBJECT CODE: 19EL4
OBJECTIVES:
· To understand the role of trade unions and Aspects of Real World Labour Markets.
· To develop the ability to analyse an individual labour supply as the result of Optimum division of time between work and leisure
UNIT – I
Labour as a Unique factor of production – labour market – demand and supply of labour.
UNIT- II
Employee remuneration –wage – structure and wage differentials – wage structure in India – payment of wages act, 1936 – minimum wages act 1948 – Bonus and fringe benefits payment of bonus act, 1965 and amendments.
UNIT III
Trade unionism – The Present position of trade unions in India – collective bargaining.
UNIT IV
Industrial conflicts – Industrial Disputes act, 1947 and amendments – Workers Participation in management – preventive and settlement measures for labour disputes.
UNIT V
Labour Welfare : Social Security Measure in India – Employees state insurance act 1948 Employees provident fund act, 1952 – Public provident fund act, 1968.
BOOK FOR STUDY
1. Singh V.N.(1980), Industrial Labour in India (Asia Publishing House,Bombay).
2. Giri V.V.(1985),Labour Problems in Indian Industry (Asia Publishing House,Bombay).
REFERENCE
1. Pant C.(1978),Indian Labour Problems,(Allahabad,Chaitanya Publishing House).
2. Singh S.S., and Metha S.(1989),Labour Economics,(Ajanta Prakasham New Delhi).
3. Singh V.N.(1980), Industrial Labour in India (Asia Publishing House,Bombay).
4. Tyagi P.B.(1995),Labour Economics and Social Welfare, (Jaiprakash Nath & Co Meerut),
5. Baholiwal T.N.(1981), Economics of Labour and Industrial Relations,(SahityBhawan, Agra).
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER XIII MONETARY ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER:IV
CREDITS: 5 SUBJECT CODE: 19MLN
OBJECTIVES:
An Understanding of the links between monetary policy, financial markets and the real economy
UNIT –I
Monetary- Definition- Function- value of money and Measurement- Index numbers- Current Indian Practice
UNIT –II
Demand for money- Classical- Neo classical- Keynesian – Post Keynesian; Friedman, Patinkin, Duessenberry and sir Tobin.
UNIT –III
Supply of Money- Definition- Determinants of money supply- Measures of money supply in India- Role of Commercial bank in the process of credit creation.
UNIT –IV
Significance and Functions of money market and capital market- Role of financial intermediation- Non banking financial Institution –IDS – philps Curve – Long run Philps
UNIT –V
Monetary policy – objectives and Instruments of Monetary policy- Phillps Curve and Long run Phillps Curve
BOOK FOR STUDY:
1. Monetary Economics- M.L Jhingan
REFERENCES:
1. Fierce D.G. and - Monetary Economics
Shaw D.M Theories Evidence and Policy Butter Worths, Londom
2. Greham Brid - The International Monetary System and the less
Developed Countries Mae Millian
3. R.B.I Money supply in India Concepts Compilation and analyses Report of the second working group 1997
4. R.B.I. Working of te Monetary System in Indian Reports of S.Chakaravarthy Committee
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER I ADVANCED MICRO ECONOMICS-1
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: I
CREDITS: 5 SUBJECT CODE: 19MLA
TEACHING OBJECTIVE:
The Objective of the course of to provide the students with a thorough knowledge of Micro Economic Analysis
UNIT – I
The law of Diminishing Marginal Utility – The Principle of Equi –Marginal Utility –Elasticity of demand – Measurement – Concept of consumer’s surplus.
UNIT – II
Ordinal Utility- Indifference curve analysis – Properties of Indifference curve – consumer equilibrium in Indifference curve analysis – Income effect – Substitution effect- Price effect- Superiority and weakness of indifference analysis.
UNIT – III
Revealed preference theory – Evaluation of the Revealed Preference Theory – St peter’s burg Paradox – The Neuman – Morgestern Hypothesis
UNIT – IV
Production Function – Law of variable Proportions – Laws of return to scale –Cobb – Douglas production function - Cost curves – Short- run and Long- run cost
UNIT-V
Concept of Economic equilibrium - Static and dynamic equilibrium – Stable and unstable equilibrium – Partial equilibrium – General equilibrium – Existence, Uniqueness and Stability of an equilibrium - the Walrassion model of General equilibrium.
BOOKS FOR STUDY
1. Jhingan. M.L (2004), Micro Economic Theory, (Vrinda Publications- Delhi).
2. Sundaram K.P.M. and Vaish M.C. (2004), Micro Economic Theory (S.Chand, New Delhi)
REFERENCES
1. Ahuja H.L (2004), Advanced Economic Theory (Sultan Chand Co., New Delhi).
2. Hal R. Varian (2004), Intermediate Micro Economics (East-West Press: New Delhi)
3. Ruffin Roy. J (1992), Intermediate Micro Economics Harper & Collins Publishers.
4. Koutsyiannis A. (1978), Modern Micro Economics, (Macmillan- London).
5. Ferguson C.E. (1970), Micro Economic Theory, (Homewood, U.S.A).
6. GisserMichall (1978), Introduction to Price Theory, (International Text Books Co.),
7. Salvatore, Dominick (2004), Micro Economic Theory (Tata Mcgraw Hill-New Delhi).
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER II PUBLIC ECONOMICS -I
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: I
CREDITS: 5 SUBJECT CODE: 19MLB
OBJECTIVES:
To examine the present and future financial position by applying fiscal tools.
UNIT –I
Introduction of public economics –Nature and scope of public economics-Objectives--Instruments - Major Fiscal Functions –private and public goods –Market Failure & externalities –Need to Government Intervention
UNIT –II
Sources of revenue –Tax revenue –Non-Tax revenue - cannons & principles of taxation –Other Sources of revenue to the government (income from public enterprises, grants –in –aid ,deficit financing and borrowing (Internal and external) - Theory of optimal taxation
UNIT –III
Theories of public expenditure –collective consumption-Musgrave - Wagner’s law -Wiseman peacock hypothesis –structure and growth of public expenditure policy and reforms in India
UNIT –IV
Theory of social goods –cost-benefit analysis – Nature- Elements- Valuation of benefit – Problems- the need of discounting – Merits- Limitations- shadow prices – Methods- Usefulness of Shadow Price
UNIT –V
Taxable Capacity- Tax- Reforms- Major Recommendations of the task force (Kelkar committee) Direct and indirect taxes- ,VAT – MANVAT- MODVAT- GST, design, Implementation and Impacts.
BOOK FOR STUDY
1. Public Economics- Om Prakash
2. Public Finance –Dr. B. P.Tyagi
3. Public Finance- Dr. Kavery et al
REFERENCES:
1. Public Finance –S.K .Singh
2. Public Finance –Lekhi
3. Public Economics – A.K Bhatia
4. Public Finance – Dr. Bose et al
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER III HUMAN RESOURCE MANAGEMENT
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: I
CREDITS: 5 SUBJECT CODE: 19MLC
OBJECTIVES:
To familiarise students with designing, implementation and evaluation of HRD programmes in a corporate setting
UNIT-1
Introduction –Definition – Functions- Objective - Importance
UNIT-2
Job analysis and evaluation- Job description- Classification- Advantages and Limitation of job Evaluation
UNIT -3
Human Resource Planning-Importance-Objectives -Factors- HR Planning at Various Levels
UNIT-4
Selection-steps involved-Interview -Types of interview- Confirmation of service Utilization of human resources- The problem of educated unemployment -Remedies
UNIT-5
Work Force Reduction, Realignment and Retention - HR Performance and Bench Marking - Impact of Globalization on HRD.
BOOK FOR STUDY
1. Human Resource Management-Harish Kumar
2. Human Resource Management-Sharma
3. Personal Management – Memoria
REFERENCE
1. Werner &Desimone, (2006), Human Resource Development, CengageLearning,New Delhi.
2. Human Resource Management – Narasaiah
3. Uday Kumar Haldar (2009), Human Resource Development, Oxford University Press, New Delhi.
4. SrinivasKandula (2001), Strategic Human Resource Development, PHI Learning, New Delhi.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER IV ECONOMICS OF GROWTH AND PLANNING-I
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: I
CREDITS: 5 SUBJECT CODE: 19MLD
OBJECTIVES:
Economic Development examines the problems of UDC’s and to achieve human endowment towards social attitude, Occupational structure, productive structure in allocation of productive resources and raising output, reducing inequality and alleviate poverty.
UNIT I
Meaning of Economic Development and Economic Growth — Difference between Growth and Development- Factors of Development - Obstacles to Development,
UNIT – II
Concepts of Under Development, General Characteristics of an Under Developed countries — Characteristics of Modern Economic Growth — Gross National Happiness (GNP).
UNIT — III
Neo classical Theory — The Marxian Theory — Rostow’s Stages of Economic Growth — Nurkse theory — The Doctrines of Balanced Growth and Unbalanced Growth.
UNIT —-1V
Growth Models — The Harrod — Domar Models ~Joan Robinson’s Model of Capital Accumulation - Meades’s Growth Model
UNIT-V
Kaldor and Solow Model of Economic Growth, Nelson’s Low level Equilibrium Trap
BOOK FOR STUDY:
1. M.L.Jhingan ~~ The Economics of Development and Planning Konark Publishers .New Delhi, 2003.
2. A.N. Agarwal- Indian Economy –Problems of Development and Planning new Age International (p) LTD,Chennai 2000.
REFERENCE
1. A.N. Agarwal- Indian Economy –Problems of Development and Planning new Age International (p) LTD,Chennai 2000.
2. Ruddar Dutt and K.P.M. Sundaram –Indian Economy .S.Chand and Sons, New Delhi 2004.
3. Ishwar C.Dhingara- Indian Economy, Sultan Chand and Sons ,New Delhi 2003.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
ELECTIVE - 1 ENVIRONMENTAL ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: I
CREDITS: 5 SUBJECT CODE: 19EL1
Objectives
· To learn to use of main stream Economics to Environmental issues.
· To help Students to appreciate the relationship between environment and development
UNIT: I
Environmental Economics – Meaning – Environment and Ecology interrelationship – Role and Significance of Environmental Economics – Principals of Ecology - Economic System – Stability of Economics Systems – Limiting Factors – Ecological pyramids – Balance of Nature.
UNIT: II
Externalities – Environmental Quality as a public good – Tragedy of communications
UNIT: III
Types of Pollution and Pollution Problem – Pollution Control Measures – Regulation and Effluent Fees – Tax Subsidisers – Pollution Permits.
UNIT: IV
Cost Benefit analysis – Demerits from controlling Pollution – Efficiencies in Pollution Control - Limitation of the cost benefit Analysis
UNIT –V
Indian’s Environmental Policy – Environmental Problems in Developed and Developing Countries.
BOOK FOR STUDY:
Karpagam M (1998), Environmental Economics (Streling Publishers, New Delhi.
REFERENCES
1. Henley, Nick, J.F.Shogren and White (2001), Introduction to Environmental Economics (London Oxford University press).
2. Field Barry C (2001), Natural Resources Economics: An Introduction (London: McGraw Hill).
3. Sankar U (2000), Environmental Economics (Oxford University Press: New Delhi)
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER V ADVANCED MICRO ECONOMICS-II
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: II
CREDITS: 5 SUBJECT CODE: 19MLE
OBJECTIVE:
The main focus will be on developing their modelling skill and encouraging them to think analytically about real world phenomena.
UNIT – I
Perfect competition – Features of Perfect competition – Equilibrium of the Industry and Firm in Short – run and Long run – Monopoly – Short-run and Long-run equilibrium – Price discrimination – Monopoly control and regulation.
UNIT- II
Features and causes of monopolistic competition – Price determination under monopolistic competition – Product differentiation - Selling cost and Monopolistic competition – Duopoly - Oligopoly – Features of Oligopoly – Price rigidity and stability under Oligopoly Sweezy’s model – Collusive oligopoly – Cournot - Stackelberg – Chamberlin - Non-collusive oligopoly models – Cartels and price leadership
UNIT – III
Marginal productivity theory – Functional and personal distribution of income –Ricardian theory of Rent – Marshall’s concept of Quasi – Rent – Nominal and real wage – Wage determination under Perfect competition and Inperfect competition – Trade union and collective bargaining - Theory of Minimum Wages - Loanable fund theory of interest – Keynes’ Liquidity preference theory – Profit as reward for risk and uncertainty.
UNIT – IV
Alternative Theories of firm – Boumol’s Sales revenue maximisation – Willianmson’s model of Managerial discretions – Game theory
UNIT – V
Meaning of Social Welfare – Value Judgement – Pigou’s Ideal Output – Pareto Optimality – Market failure – Theory of second best – Arrow’s Impossibility theorem.
BOOKS FOR STUDY
1. Jhingan. M.L (2004), Micro Economic Theory, (Vrinda Publications- Delhi).
2. Sundaram K.P.M. and Vaish M.C. (2004), Micro Economic Theory (S.Chand, New Delhi)
REFERENCES
1. Ahuja H.L (2004), Advanced Economic Theory (Sultan Chand Co., New Delhi).
2. Hal R. Varian (2004), Intermediate Micro Economics (East-West Press: New Delhi)
3. Ruffin Roy. J (1992), Intermediate Micro Economics Harper & Collins Publishers.
4. Koutsyiannis A. (1978), Modern Micro Economics, (Macmillan- London).
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI -600108
M.A ECONOMICS
CORE PAPER VI PUBLIC ECONOMICS -II
(For the students admitted from the year 2019-20)
HOURS PER WEEK : 5 SEMESTER: II
CREDITS: 4 SUBJECT CODE:19MLF
OBJECTIVES:
To examine the present and future financial position by applying fiscal tools.
UNIT –I
Budgeting –Performance budgeting –Program budgeting –Zero based budgeting – fiscal and other deficit ,central and state government budgets
UNIT –II
Public debt –Methods of raising public debt –Concept of burden of public debt-present and future effects on the economy –Growth and composition of public debt in India –Debt management –public debt policy
UNIT –III
Fiscal policy – Objectives – Fiscal policy and mobilization of resources - fiscal policy for stabilization (compensatory spending ,pump priming activities), - Fiscal reforms – Fiscal responsibility and Budget Management Act 2003 (FRBM Act 2003).
UNIT-IV
Fiscal federalism in India – Concepts of the nature of federal systems- Problems- Principles- Union – state relationship- Resources transfer Mechanism in India – Recent finance commission- Financial autonomy for states
UNIT-V
Local Finance –Meaning – Importance – Need- Sources- Problems- GRAM Panchayat (village panchayat) –Panchayat samiti (panchayat union)- Zila parishad (district board) - Municipalities – Municiple Corporations – Octori duties – Causes for abolition of Octroi
BOOK FOR STUDY
1. Public Economics- Om Prakash
2. Public Finance –Dr. B. P.Tyagi
3. Public Finance- Dr. Kavery et al
REFERENCES:
1. Public Finance –S.K .Singh
2. Public Finance –Lekhi
3. Public Economics – A.K Bhatia
4. Public Finance – Dr. Bose et al
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER - VII STATISTICS FOR ECONOMISTS
(For the students admitted from the year 2019-20)
HOURS PER WEEK :5 SEMESTER: II
CREDITS: 4 SUBJECT CODE: 19 MLG
OBJECTIVES :
To impart knowledge on-
Ø Correlation and Regression
Ø t- Test
Ø Z Test
Ø Chi-square Test and
Ø ANOVA
UNIT- I
Correlation - Types of Correlation – Simple, Partial and Multiple Correlation – Regression – Simple Regression (Problems and Theory)
UNIT- II
Statistic — Parameter —Types of Sampling — Meaning and Functions of Sampling Distribution — Estimator and Estimates — Types of Estimates — Properties of a good estimator. (Theory)
UNIT- III
Hypothesis Testing — Procedure of Testing Hypothesis — Types of Errors (Type 1 & II) — One Tailed and Two Tailed Tests — Tests of Significance for Attributes — Tests of Significance for Small Samples (t Test) — Tests of Significance for Large Samples (Z Test) Standard Error of Mean – Standard Error of Standard Deviation — Limitations of Tests of Significance. (Problems and Theory)
UNIT- IV
The Chi-Square Tests and Goodness of Fit — Degrees of Freedom — Conditions for Chi-Square Test — Uses and Limitations of Chi-Square Test. (Problems and Theory)
UNIT-V
Computing and Interpreting the F Statistic — The F distribution — Assumptions -Applications of ANOVA - One way classification Model and Two Way Classification Model. (Problems and Theory).
BOOK FOR STUDY:
1. Pillai and Bhagawathi - Statistical Methods
2. S.P. Gupta (2009) - Statistical Methods.
3. Poornam- Pulliyial
REFERENCE:
1. S.C.Gupta, An Introduction to Statistics.
2. Richard I Levin & Davide S. Rubin, Statistics for Management.
3. D.C.Sancheti & V.K Kapoor, Statistic
4. Agarwal. Y.P (2002), Statistics Methods – Concepts Application and Computation, Sterling Publishers Private Ltd., New Delhi
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER VIII ECONOMICS OF GROWTH AND PLANNING-II
(For the students admitted from the year 2019-20)
HOURS PER WEEK :5 SEMESTER: II
CREDITS: 4 SUBJECT CODE: 19MLH
OBJECTIVES:
Economic Development examines the problems of UDC’s and to achieve human endowment towards social attitude, Occupational structure, productive structure in allocation of productive resources and raising output, reducing inequality and alleviate poverty
UNIT 1
Role of Public Sector - Self Sufficiency and Self reliance - Importance of infrastructure in Economic Development
UNIT-2
Types and Role of Foreign Capital in Economic Development - Role of price Policy in Economic Development
UNIT-3
Role of Technology in Economic Development - Growth vs Equity Intervention of State in Poverty Eradication and Reduction in Inequality
UNIT-4
Economic Planning - Meaning and Objectives of Economic Planning-Types of Planning- Planning techniques - Input-Output ratio, investment criteria and Choice of Technology.
UNIT-5
Human Capital HRD - Manpower planning and Entrepreneurial ability
BOOK FOR STUDY:
1. M.I Jhingan-The Economic of Development and Planning, Konark Publishers New Delhi, 2003
2. AN. Agarwal Indian Economy - Problems of Development and Planning New age International (P) Ltd, Chennai 2000
REFERNCES
1. Ruddar Dutt and K.PM. Sundaram-Indian Economy, S Chand Sons, New Delhi 2004
2. Ishwar C. Dhingra-Indian Economy, Sultan Chand and Sons, New Delhi 2003.
3. Himalaya Publishing House, Mumbai 2004
4. K.K. Dewett and satish Dhawan. Economics of Growth and Development
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
ELECTIVE-II FINANCIAL ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK : 5 SEMESTER: II
CREDITS: 4 SUBJECT CODE: 19EL2
OBJECTIVES:
To provide students with an understanding of financial markets operations and financial Instruments.
UNIT -1
Introduction — Structure of financial systems in India — Functions and organization of financial markets
UNIT -II
Money market structure — Function— Instruments — Features of Indian money market
UNIT -III
Capital market — Introduction — Importance- Terms used in capital market — Procedures for new issue — Capital market reforms — Capital market instruments — Equity shares — Debentures — Bonds — SEBI guide lines.
UNIT -IV
Mutual funds – Types – Benefits – Credit rating and Credit rating agencies in India.
UNIT-V
Derivatives – Forward market – Hedging – Options market - Swaps
BOOKS FOR STUDY:
1. Gurusamy, Financial Service, TMH.
2. Santhanam, Financial Service
REFERENCES:
1. Khan. M.Y. Indian Financial System- Theory and Practice, TMII.
2. Bhole, L.M., Financial Market and Institution, TMH.
3. Pathak, B., Indian Financial System ,Pearson.
4. Habel J.Johnson, Financial Institution and Markets.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
SUPPORTIVE ELECTIVE -I
ENTREPRENEURIAL DEVELOPMENT PROGRAMME
(For the students admitted from the year 2019-20)
HOURS PER WEEK :4 SEMESTER: II
CREDITS: 3 SUBJECT CODE: 19SE1
OBJECTIVES:
To develop and strengthen entrepreneurial Quality, to motivate the students, to run business effectively and efficiently.
UNIT: I
Entrepreneurship – Concept – Meaning – Competencies and qualities of an entrepreneur.
UNIT – II
Classification – Types – Entrepreneurs and Managers – Self employment
UNIT – III
Small scale industries – definition – Role in economic development – Problems and policies
UNIT – IV
Entrepreneurial supportive system – District Industry Center (DICs) – Commercial Banks- State Financial Corporations.
UNIT – V
Small Industries service Institutes (SISIS) Small Industries Development Bank of India (SIDBI), National small Industries Corporations (NSIC).
BOOKS FOR STUDY:
1. Bhatta Charya. H – Entrepreneurial Development
2. Misra. P.N – Development Bank and New Entrepreneurship in India.
3. Rao S.k - Entrepreneurial Development in India
4. P. Saravana Vel - Entrepreneurial Development
REFERENCE:
1. Vasant Desai, (2008), Dynamics of Entrepreneurial Development and Management, Himalaya Publishing House, New Delhi.
2. Robert D. Hisrich, Michael P. Peters and Dean A. Shepherd, (2007), Entrepreneurship, Tata McGraw Hill, New Delhi.
3. Poornima M. Charantimath, 2007, Entrepreneurship Development and Small Business Enterprises, Pearson Education, New Delhi.
4. Khanka, S.S. (2007), Entrepreneurial Development, S. Chand & Company, New Delhi.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER-IX ADVANCED MACRO ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: III
CREDITS: 5 SUBJECT CODE: 19MLJ
OBJECTIVES
· Students will learn how markets and other governance structures organise core economic activities such as production, distribution and consumption and the growth of productive resources
· Identify key macro economic indicators and measures of economic change, growth and development
UNIT I
A brief revision of Keynes contribution to Macro Economic Concepts- Derivation of IS-LM Curve
UNIT-II
Effectiveness of monetary, fiscal policy-the synthesist view-three range analysis-monetary policy & fiscal policy- Keynesian range-classical range-intermediate range-monetary fiscal mix.
UNIT-III
Recent Development in Consumption Function- Absolute Income, Relative Income, Permanent Income and Life Cycle Hypothesis.
UNIT-IV
Role of Technological Shocks in real Business cycle theory- Criticism of the Real Business cycle theory- Role of money in Real Business cycle theory- Policy implication of real Business cycle theory
UNIT-V
Macro Economic policy- objectives – conflicts in growth and stability- income distribution- inequality- corrective measures
BOOKS FOR STUDY:
1. R.D. Gupta - Keynes and post Keynesian Economics
2. M.L. Jinghan - Macro Economics
3. A.R. Gupta - Macro Economics
REFERENCE:
1. Edward Shapire - Macro Economics
2. Gardner Ackday - Macro Economics
3. Breoman - Macro economics
4. Demberg - Macro Economics
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER XII INDIAN ECONOMIC POLICY
(For the students admitted from the year 2019-20)
HOURS PER WEEK :5 SEMESTER: III
CREDITS: 4 SUBJECT CODE: 19MLM
OBJECTIVES
To examine the present state and future prospects of the Indian economy and the evolution economic policies in India
UNIT 1
Economic development and its determinants - India as rapidly emerging developing Economy, Approach to economic development and its measurement- Social and Economic indicators-Physical Quality Of Life index (PQLI) –Human Development index (HDI)
UNIT-2
National Income concept - Measuring Inequality – Lorenz curves- Ginni Index – Causes of Inequality- Regional disparity- Measure to remove disparity.
UNIT-3
Capital formation-Importance- Measurement of capital formation – Domestic saving and capital formation-Capital Output Ratio- Social Infra structure : Education, Health, Energy, Energy crisis - Energy policy
UNIT-4
Poverty-Extent and magnitude-Measuring poverty -Poverty Line-Tackling poverty-Poverty alleviation programmes- - Demographic features of Indian population -Population policy -Family welfare programme -Urbanisation and Economic Growth in India-Nature of unemployment -Schemes to reduce unemployment.
UNIT-5
Goals and strategy of Indian planning-Objectives -Achievements since 1950- Pattern of resources allocation-Review of Indian Planning-Weakness
Books for study
1. Dhingra I.C Indian Economic Policy, Sultan Chand&Co New Delhi
2. Ruddar Dutt and KPM Sundaram-Indian Economy, S.chand&Co Ltd
REFERENCE:
1. M.L.Taneja and Dr.R Myer-Economics of Development and Planning,
Visha Publishing Co New Delhi
2. Dhingra I.C Indian Economic Policy, Sultan Chand&Co New Delhi
3. Ruddar Dutt and KPM Sundaram-Indian Economy, S.chand&Co Ltd
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER-X INTERNATIONAL ECONOMICS -I
(For the students admitted from the year 2019-20)
HOURS PER WEEK :5 SEMESTER: III
CREDITS: 5 SUBJECT CODE: 19MLK
OBJECTIVES
To provide a foundation in International trade theory and enable the students to study the issues relating to globalisation, economic integration, and trade policy.
UNIT - 1
Nature, Scope and Importance of International Economics International Economics — Internal and International Trade — Basic Analytical Tools — Production Possibility Curve — Opportunity Cost — Budget Line — Iso product or Iso quants.
UNIT —II
Theories of International trade: Absolute advantage -comparative advantage - Hecksher and Ohlin Modern Theory of International Trade.
UNIT -III
Balance of payment — Structure — Balance of Trade and Balance of payments — Disequilibrium — Causes for the Disequilibrium in the Balance of payments — Measures for the removal of disequilibrium. Trade policies — Free trade Vs protection — Cases for and against free trade and protection
UNIT -IV
Terms of Trade — Types — Determinants of Terms of Trade — factors affecting Terms of Trade — Gains from Trade — Potential and actual gains from international trade — Factors determining the Gains from Trade — Static and Dynamic Gains from Trade.
UNIT-V
Foreign trade multiplier- Trade problems and trade policies in India — Recent changes in the direction and composition of trade and their implications — international capital movements — factors affecting international capital movement Foreign capital in India — Government policy towards foreign capital — impact of foreign capital on economic development of India.
BOOK FOR STUDY:
1. Gupta K.R. — International Trade
2. Jhingan M.L — International Trade
3. Mithani D.M. - International Trade
REFERENCE:
1. Bhagawati . J. (Ed) (1981), International Trade, Selected Readings, Cambridge, University Press.
2. Carbough. R.J (1999). International Economics, International Thompson Publishing, New York.
3. Chacoliades. M.s. (2000), International Trade: Theory and policy. McGraw Hill,
4. Vaish M.C. and Sudama Singh — International Economics.
5. Dunn, RM. and J.H. Mutti (2000), International economics, Rouiledge London.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER XI MANAGERIAL ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK :5 SEMESTER: III
CREDITS:4 SUBJECT CODE: 19MLL
OBJECTIVES
· To provide a solid foundation of economic understanding to make logical managerial decisions
UNIT-I
Introduction- Meaning and Scope of Managerial Economics- Role and Responsibilities of Managerial Economists - Uses & Fundamental Concepts of Managerial Economics
UNIT-II
Demand forecasting- Meaning- Objectives of Demand Forecasting -Process -Techniques -Significance of Demand Forecasting
UNIT-III
Group equilibrium - Excess Capacity-Bilateral Monopoly-Oligopoly- Sweezy Model -Cartel Agreement, Price Leadership
UNIT-IV
Concept of Profit-Profit Policies- Profit Planning and Control- Measurement of profit - Break Even Analysis- Managerial uses of Break-Even Analysis
UNIT-V
Capital budgeting - Meaning - Need and importance of Capital Budgeting Evaluation of Investment Proposals-Investment Decision under Risk- Managerial Techniques For Investment Decision Making
BOOKS FOR STUDY
1. Managerial economics - Varshney RL and Maheswari KL
2. Managerial economics-Carvery R Sudhanayak.U.K. Girija M&Meenakshi P
REFERENCES
1 Managerial economics - Joel Dean
2 Managerial economics-Carvery R Sudhanayak.U.K. Girija M&Meenakshi P
3 Business economics Prof. Dr.K.Jothi Sivagnanam and Prof Dr R.Srinivasan
4 Managerial economics-S.P.Singh
5 Managerial economics-M.L.Jhingan, J.K Stephen
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
ELECTIVE-III RESEARCH METHODOLOGY
(For the students admitted from the year 2019-20)
HOURS PER WEEK :5 SEMESTER:III
CREDITS: 4 SUBJECT CODE: 19EL3
OBJECTIVES :
To learn about-
· The purpose of research
· Formulation of research problem and hypothesis
· Hypothesis testing procedure
· Data processing and
· Report writing
UNIT – I
Social Science Research — Meaning, Scope, Objectives — Problems and Limitations of Social Science Research — Ethics in Social Science Research
UNIT – II
Types and Methods of Research — Classifications — (Theoretical And Empirical, Formative and Descriptive, Diagnostic, Evaluations Study, Experimental, analytical or Statistical, Historical Surveys, Case Study) — Steps in Research
UNIT – III
Review of Literature — Need, Purpose, Procedure, Sources — Planning the Review Processing and Analysis of Data: Editing, Coding and Tabulation; Use of Computers in Social Science Research- Diagrammatic and Graphic Representation of Data- Interpretation of Results and Report Writing – Preparation of Project Proposals.
UNIT – IV
Selection of a Problem - Formulation of the Selected Problem — Objectives — Hypothesis - Types, Sources, Functions of Hypothesis — Characteristics of a Good Hypothesis
UNIT – V
Preparation of the Research Design ~ The functions of a Research Design- Processing of Data – Processing Operations and the Role of Computer in Data Processing - Report Writing
BOOK FOR STUDY:
1. C.R. Kothari (2002), Research Methodology Vikas Publishing House, New Delhi
2. Ranjith Kumar(2011)- Research Methodology, sage Publishing, New Delhi
3. P. Saravanavel (2008) - Research Methodology , Kitab Mahal, Allahabad
4. Kumar (2009) - Research Methodology, Lakshmi Narain Agarwal. New Delhi
REFERENCES
Goode W. J and Hatt(1952), Methods in Social Research, Mcgraw Hill Book Co, Tokyo.
Kenneth. D, and Bailey (1962), Methods of Social Research, Longman’s Green Co, New York.
Enhance. D.N(1973), Fundamentals of Statistics), KitabMahal, Allahabad.
Gupta. C.B (1998), An Introduction to Statistical Methods, Vikas publishing House, New Delhi.
5. Research Methodology in Management — V.P Mich
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
SUPPORTIVE ELECTIVE –II ECONOMICS OF INSURANCE
(For the students admitted from the year 2019-20)
HOURS PER WEEK :4 SEMESTER: III
CREDITS: 3 SUBJECT CODE: 19SE2
OBJECTIVES:
To enhance knowledge on various insurance concepts and its benefits.
UNIT-1
Introduction to Insurance – Definition – Purpose and need of insurance – Insurance and economic development.
UNIT-II
Types of Insurance – Life – Marine – Fire
UNIT-III
Procedure for becoming an agent – Qualities of an agent – Functions of an agent
UNIT-IV
Procedure regarding settlement of policy claims- Life Insurance – Fire Insurance – Marine Insurance
UNIT-V
Regulation of Insurance- Insurance Regulation and Development Authority (IRDA)
BOOKS FOR STUDY:
1. Gupta R.S – Life Insurance Frank Brothers, New Delhi
2. Misra.M.N – Insurance Principles Practices, S.chand of co., New Delhi
REFERENCE:
1. Bhole. L.M (1990). The Indian Financial System. Tata McGraw Hill New Delhi
2. Black K.Jr and H.D.Skipper Jr. (2000), Life and Health Insurance,Prentice Hall, UpperSaddleRiver New Jerssey.
3. Finsinger,J.andM.V.Pauly (Eds.)(1986),The Economics of Insurance Regulation : A Cross National Study, Macmillan London.
4. Insurance Institute of India, Life Assurance Underwriting,(IC-22), Mumbai.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
ELECTIVE - V DEMOGRAPHY
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: IV
CREDITS: 5 SUBJECT CODE: 19EL5
Objectives:
· To achieve knowledge about size, composition, organization and distribution of the population.
· To describe the past evolution present distribution and future changes in the population of an area.
UNIT- I
Human resources and Economic Development – The theory of demographic Transition – Demographic profile of india – trends Growth rate life expectancy density and age compositin of population
UNIT – II
Population explosion – nature of population problem – causes of growth of population effect, Human Development Index (HDI)
UNIT – III
Population policy in India – need components, control and Government policy National Population Policy 2000.
UNIT – IV
Fertility – meaning Importance level and trends, factors affecting fertility population projections demographic dividend
UNIT – V
Migrant and Urbanisation effects on economic development, urbanisation in India – international migration.
Book for Study
1. Indian Economy – Dutt and Sundram
2. Indian Economy – LC dhingra
3. Indian Economy – A N Agarwal
Reference
1. BhendeAsha, A and Tara Kanitkar, (2012)Principles of Population studies, Mumbai Himalaya Publishing House.
2. Bogue, Donald J (1969), Principles of Demography, New York: John Wiley and Sons.
3. BaskarD.Misra. (1980), An introduction to the Study of Population, Madras: South Asian Publishers Pvt.Ltd
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER XV HEALTH ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: IV
CREDITS: 6 SUBJECT CODE: 19MLQ
OBJECTIVES:
To impart knowledge on the issues in health care system in India.
UNIT – I
Nature and Scope of Health Economics – Determinants of Health – Significance of Good Health.
UNIT- II
Characteristics of Demand for Health Care –Factors Influencing the Demand for Health Care – Supply of Heath Care and Segments of Heath Care Industry.
UNIT – III
Need for Health Care Planning – Process of Planning in the Health Sector – Health Care during Five Year Plans
UNIT – IV
Different Systems of Medicine in India – Problems of Different Types of Hospitals – Government Hospitals – Corporate Hospitals – Trust Based Hospitals
UNIT-V
Occupational Health Hazards – Employee Benefit Plans – National Health Policy 2002 – National Health Policy 2017 – Ayushman Bharat Yojana.
BOOKS FOR STUDY:
1. Anand Shikha Goel, 2008, AITBS Publishers,
2. Health Economics and Policy- James w.Henderson 2007
3. Personnel Management – Mamoria and Gankar.
BOOKS FOR REFERENCE:
1. Perliman M.(Ed) – The Economics of Health and Medical Care
2. Alistair McGuire, John Henderson and Gavin Mooney (1988), The Economics of Health Care: An Introductory Text. [Routledge and Kegan Paul London and New York. PP. 9-30].
3. Asha A. Bhende and Tara Kanitkar (2001), Principles of Population Studies [Himalaya Publishing House, New Delhi].
4. Park, K. (2000), Park's Text Book of Preventive and Social Medicine. 16th edition. [M/s BanarsidasBhanot Publishers, Jalalpur].
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER -XIV INTERNATIONAL ECONOMICS -II
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: IV
CREDITS: 5 SUBJECT CODE: 19MLP
OBJECTIVES
To provide a foundation in International trade theory and enable the students to the study of issues relating to Globalisation, Economic Integration, and Trade Policy.
UNIT-I
Export Management-Definition and Scope – Export Management and Export Marketing -Export Procedure –Export Finance -Role of Commercial Banks and RBI in export finance- EXIM bank functions
UNIT-II
Meaning of Foreign Exchange Rate- Determination of Equilibrium Exchange Rate Theories of Foreign Exchange Rates - Purchasing Power Parity Theory BOP theory - Causes of Changes in the Exchange Rates - Stable and Flexible Exchange Rates –Devaluation –Effects on Export and Import - Exchange Control Methods
UNIT-III
International Monetary Fund- Objectives - Functions -Exchange Rate Policy –SDR Schemes and Uses.
UNIT-IV
IBRD (World Bank)-Objectives and Functions –Lending Operations - Other activities of World Bank Critical appraisal of working of World Bank-India and the World Bank
UNIT-V
GATT - Objectives of GATT –Provision of GATT -GATT conferences (Round of Global Trade Negotiations). The Uruguay Round and WTO – Objectives, Functions - TRIPs and TRIMS
BOOK FOR STUDY:
1. Gupta K.R. — International Trade
2. Jhingan M.L — International Trade
3. Mithani D.M. - International Trade
REFERENCE:
1. Bhagawati . J. (Ed) (1981), International Trade, Selected Readings, Cambridge, University Press.
2. Carbough. R.J (1999). International Economics, International Thompson Publishing, New York.
3. Chacoliades. M.s. (2000), International Trade: Theory and policy. McGraw Hill,
4. Vaish M.C. and Sudama Singh — International Economics.
5. Dunn, RM. and J.H. Mutti (2000), International economics, Rouiledge London.
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
ELECTIVE IV LABOUR ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER: IV
CREDITS: 5 SUBJECT CODE: 19EL4
OBJECTIVES:
· To understand the role of trade unions and Aspects of Real World Labour Markets.
· To develop the ability to analyse an individual labour supply as the result of Optimum division of time between work and leisure
UNIT – I
Labour as a Unique factor of production – labour market – demand and supply of labour.
UNIT- II
Employee remuneration –wage – structure and wage differentials – wage structure in India – payment of wages act, 1936 – minimum wages act 1948 – Bonus and fringe benefits payment of bonus act, 1965 and amendments.
UNIT III
Trade unionism – The Present position of trade unions in India – collective bargaining.
UNIT IV
Industrial conflicts – Industrial Disputes act, 1947 and amendments – Workers Participation in management – preventive and settlement measures for labour disputes.
UNIT V
Labour Welfare : Social Security Measure in India – Employees state insurance act 1948 Employees provident fund act, 1952 – Public provident fund act, 1968.
BOOK FOR STUDY
1. Singh V.N.(1980), Industrial Labour in India (Asia Publishing House,Bombay).
2. Giri V.V.(1985),Labour Problems in Indian Industry (Asia Publishing House,Bombay).
REFERENCE
1. Pant C.(1978),Indian Labour Problems,(Allahabad,Chaitanya Publishing House).
2. Singh S.S., and Metha S.(1989),Labour Economics,(Ajanta Prakasham New Delhi).
3. Singh V.N.(1980), Industrial Labour in India (Asia Publishing House,Bombay).
4. Tyagi P.B.(1995),Labour Economics and Social Welfare, (Jaiprakash Nath & Co Meerut),
5. Baholiwal T.N.(1981), Economics of Labour and Industrial Relations,(SahityBhawan, Agra).
BHARATHI WOMEN’S COLLEGE (AUTONOMOUS), CHENNAI - 600108
M.A ECONOMICS
CORE PAPER XIII MONETARY ECONOMICS
(For the students admitted from the year 2019-20)
HOURS PER WEEK :6 SEMESTER:IV
CREDITS: 5 SUBJECT CODE: 19MLN
OBJECTIVES:
An Understanding of the links between monetary policy, financial markets and the real economy
UNIT –I
Monetary- Definition- Function- value of money and Measurement- Index numbers- Current Indian Practice
UNIT –II
Demand for money- Classical- Neo classical- Keynesian – Post Keynesian; Friedman, Patinkin, Duessenberry and sir Tobin.
UNIT –III
Supply of Money- Definition- Determinants of money supply- Measures of money supply in India- Role of Commercial bank in the process of credit creation.
UNIT –IV
Significance and Functions of money market and capital market- Role of financial intermediation- Non banking financial Institution –IDS – philps Curve – Long run Philps
UNIT –V
Monetary policy – objectives and Instruments of Monetary policy- Phillps Curve and Long run Phillps Curve
BOOK FOR STUDY:
1. Monetary Economics- M.L Jhingan
REFERENCES:
1. Fierce D.G. and - Monetary Economics
Shaw D.M Theories Evidence and Policy Butter Worths, Londom
2. Greham Brid - The International Monetary System and the less
Developed Countries Mae Millian
3. R.B.I Money supply in India Concepts Compilation and analyses Report of the second working group 1997
4. R.B.I. Working of te Monetary System in Indian Reports of S.Chakaravarthy Committee