Semester-V

Discipline Specific Elective Course [Economics] (DSE -A) BA/BSc (General)

ECO-G-DSE-5-1A/2A-TH

1. Money Supply and Banking System with reference to India

- Definition of money supply in the Indian context (M₁, M₂, M₃ and M₄) , Balance sheet of the banking sector and accounting of money supply; balance sheet of the Reserve Bank of India and the accounting interpretation of High powered money; definition of high powered money; the money multiplier theory and balance sheet of commercial banks, sterilization by Central Banks. Indian banking system-changing role and structure; Indian banking sector reforms.

2. Financial Institutions and Financial Markets

- Role of financial markets and institutions in economic development- Indian examples
- Money and capital markets: organization, structure and reforms in India; role of financial derivatives and other innovations.

3. Interest Rates

- Determination; sources of interest rate differentials; theories of term structure of interest rates; interest rates in India.

4. Central Banking and Monetary Policy

- Instruments of monetary control with special reference to India; concepts of statutory liquidity ratio(SLR), cash reserve ratio(CRR) and repo rate as instruments of monetary control; monetary management in an open economy; current monetary policy of India, demonetization and its impact on the Indian economy.

ECO-G-DSE-5-1A/2A-TH

1. The Approach Towards Sustainability-Introductory ideas

- Key environmental issues and problems, economic way of thinking about these problems, circular flow of environmental pollutants and waste recycling-laws of thermodynamics, renewable and non-renewable resources-the issue of sustainability

2. The meaning of Sustainable Development

- Different definitions of sustainable development, rules of sustainable development, measures of sustainable development, sustainable management of resources-the role of property rights, stakeholders associated with sustainble management of different types of renewable resources-fishery, forestry and water, the concept of sustainable livelihood in the context of sustainable resource management.

3. Trans-boundary pollution, climate change and sustainable development

- Implementation of environmental policies in developing countries and international experience; transboundary environmental problems-international meetings, protocols and treaties; economics of climate change-basic ideas of the carbon credit market-clean development mechanism and international emission trading.

4. Sustainable Resource Management Policies in India

- Water policy, forestry policy and fishery policy of India. Basic objectives of the policies along with goals and visions.

SEC-3-1A-TH/ECO-G-SEC-5-2A-TH [For Semester III or Semester V] economic data

1. Basic Ideas of

- Types of data-cross section, time series , pooled data, panel data etc.
- Nature of field survey data – types of cross section data
- Advantages and disadvantages of field survey data
- Importance of field survey data for economic analysis
- Role of pilot survey

2. Methodologies of collection of data

- Complete enumeration vs. sample survey
- Sampling techniques : basic ideas of simple random sampling (with and without replacement), stratified random sampling, circular sampling, sampling proportional to size (mathematical proof/mathematical demonstration not required for any type of sampling)
- Practical methods of drawing random sample using random number tables.
- Prerequisites for field survey –preparation of blank tables
- Preparation of questionnaire depending on nature of survey- illustrations on the basis of preparation of hypothetical questionnaire

3. Recording of data

- How to record data after completion of survey : use of manual methods and recording through the use of computers
- Tabular representation of data collected
- Cross checking of data after tabular representation
- Role of units of measurement

[For Semester III or Semester V]

ECO-G-SEC-3-1A-TH/ECO-G-SEC-5-2A-TH

Basic Issues in Rural Development

2. Rural Credit and Self Help Groups (SHGs)

3. Selected Government Programmes and Rural Development

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