Semester-VI

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

ECO-G-DSE-6-1B/2B-TH

1. Theory of Public Finance

Overview of Fiscal Functions, Tools of Normative Analysis, Pareto Efficiency, Equity and the Social Welfare.
Market Failure, Public Good and Externalities.
Elementary Theories of Product and Factor Taxation (Excess Burden and Incidence).

2. Issues from Indian Public Finance

ECO-G-DSE-6-1B/2B-TH

Colonial India: Background and Introduction

Macro Trends

Agriculture

Agrarian structure and land relations; agricultural markets and institutions – credit, commerce and technology; trends in performance and productivity; famines.

Railways and Industry

Railways; the de-industrialisation debate; evolution of entrepreneurial and industrial structure; nature of industrialisation in the interwar period; constraints to industrial breakthrough; labor relations.

Economy and State in the Imperial Context

The imperial priorities and the Indian economy; drain of wealth; international trade, capital flows and the colonial economy – changes and continuities; government and fiscal policy.

[For Semester IV or Semester VI]

ECO-G-SEC-4-1B-TH/ECO-G-SEC-6-2B-TH

1. Tabular and Graphical representation of Statistical Data

Tabular representation of data for analysis
Graphical representation of data-use of line diagram, bar chart, divided bar chart, pie chart etc.
Frequency distribution table: uses and implications
Pictorial descriptions of frequency table: frequency polygon, histogram, ogive etc.

2. Basic Descriptive Statistics and its role in Data Analysis

Measures of Central Tendency-Concept of arithmetic mean, geometric mean and harmonic mean-their uses (explicit mathematical proof of the properties of different types mean are not required).The concept of median and mode-their uses in analyzing economic data. Comparison of mean, median and mode as measures of central tendency
Measures of dispersion: range, mean deviation, standard deviation and quartile deviation. Properties of various measures and their implications (explicit proof of properties is not required). Comparison of various measures of dispersion. Significance of the concept of coefficient of variation. Use of range, standard deviation and coefficient of variation in measuring income inequality. Basic concept of Gini coefficient and Lorenz curve.
Introductory ideas of correlation and regression analysis.

3. Elements of Report writing

Locating the basic issues- theme based literature survey and motivation behind any study- objectives of the study-development of writing skills
Methodological issues: Use of tables and graphs. Use of various measures of central tendency and dispersion in analyzing the results.
Insertion of footnotes or end notes.
Preparation of Bibliography

ECO-G-SEC-4-1B-TH/ECO-G-SEC-6-2B-TH

[For Semester IV or Semester VI]

1. Basic issues of Entrepreneurship and Economic Development

Basic features of Entrepreneurship
Entrepreneurship and its linkages with economic development
Growth of entrepreneurship in India—Role of Entrepreneurship in Economic Development.
Planning Commission‘s guidelines for formulating a project report by an entrepreneur
Problem of Rural entrepreneurship in India

2. Financial resources for new ventures of an entrepreneur

Sources of finance---capital structure.
Institutional support to enterprises—national small industries board – state small industries development corporation--- district industries center--- industrial estates-Indian experience

3. Growth strategies in small business

Stages of growth,
Types of growth strategies-Expansion, Diversification, Joint Venture, Merger and Subcontracting

4. Sickness in Small Business