Download CBCS-Amendments in PG (M.A.,) Courses - 2008-2009

M.A. Branch III Economics
The following are the semesterwise Elective and Extra disciplinary
courses (5×4=20 Credits)
I – Year
I- Semester
Paper 4 (Elective -I)
(Any one course)
1. Principles of Management –I
2. Comparative Economics System –I
3. Mathematics for Economists –I
4. Environmental Economics –I
Paper 5 (Elective -II)
(Any one course)
1. Managerial Economics
2.Computer Application in Economic
Analysis
3. Operations Research
I – Year
II- Semester
Paper 10
(Extra Disciplinary I)
(Any one course)
1. Economics of Development –I
2. Financial Economics –I
3. Tamil Nadu Economy
M.A. Branch III F (Business Economics)
The following are the Elective and Extra-Disciplinary Courses Courses
(5×4=20 Credits)
I – Year
I- Semester
Paper 4 (Elective -I)
(Any one course)
1. Principles of Management –I
2. Mathematics for Economists –I
3. Environmental Economics –I
4. Management Accounting -I
Paper 5 (Elective -II)
(Any one course)
1.Computer Application in Economic
Analysis
2. Operations Research
3. Economics of Human Resources
Development
I – Year
II- Semester
Paper 10
(Extra Disciplinary I)
(Any one course)
1. Economics of Development –I
2. Tamil Nadu Economy
SYLLABUS
Common Paper 4 (Elective- I) Courses for both Branch III
Economics and Branch III - F Business Economics
PRINCIPLES OF MANAGEMENT –I
UNIT I
Management defined-basic principles of management. The evolution
of management science
UNIT II
Planning: planning - first step in the process of management cyclebasic techniques of planning.
UNIT III
Basic factors involved in planning- Key planning pointspsychological hazards to rational planning – strategic consideration in
planning.
UNIT IV
Policy making : policy making as a guide to action in organizationgeneral policies and specific policies in an organization-basic areas of policy
making.
UNIT V
Need of organization – organizational hierarchy in large concerns –
top management organization – staff units and committee - factors to be
considered in the establishment of an organization
Bibliography:
Recommended Text
1. Harold Koontz, Cyril O&Donnell(1968) :Principles of Management,
McGraw Hill Publishing
Co., Ltd.,
2. Prasad I.M.
: Principles and Practice of
Management, Sultanchand &
Co
Books for Reference
1. Allen, LA.
: Management and organization,
McGraw Hill Publishing Co., Ltd.,
2. Chandra Bose, D (2002)
: Principles of Management and
Administration, PHI.
3. Hellrigel & Jackson, Solum
: Management – A Contemporary
based approach, Thomson, South
Western.
4. Hennagan
: Management concepts and practices,
Macmillan India, Ltd.,
5. Peter Drucker
: The Practice of Management –
Hillied Publications.
6. Sathyaraju (2002)
: Management : Text & Cases, PHI.
7. Stoner (2002)
: Management, 6th Edition, PHI.
8. Robbins
: Management, 7th Edition, PHI.
9. Certo (2002)
: Modern Management, 9th Edition,
PHI.
MATHEMATICS FOR ECONOMISTS - I
UNIT I
Set Theory: Concept and Operation of Sets.
UNIT II
Equation of straight line - Parabola - Rectangular Hyperbola –
Relationships among Total, Average and Marginal Curves.
UNIT III
Logarithmic and Exponential Functions – Convex and Concave
Functions – Indifference, Iso-quant and Transformation Curves.
UNIT IV
Concept of Limit - Techniques of Differentiation – Elasticities –
Conditions for Extremum of Functions of one variable.
UNIT V
Functions of tow Variables – Partial Derivatives – Maxima and
Minima – Properties of Homogenous Functions – Uses of Homogenous
Functions in Economics.
Bibliography:
Recommended Text
1. Edward. T. Dowling
2. Mehta V.L.
& Madnani
:Mathematics for Economists, Mcgraw – Hill
Book Company.
: Mathematics for Economists, Sultan Chand and
Sons.
Books for References:
1. Allen R.G.D.
:Mathematical Analysis for Economists,
Macmillan andCompany Limited, London.
2. Chiang A.C.
:Fundamental Methods of Mathematical
Economics, Mcgraw – Hill Book Company.
3. Stafford.L.W.T.
:Mathematis for Economist, The English Language
Book Society and Macdonald and Evans Limited,
London.
4. Mabett. A.J.
:Mathematics for Economists, Macmillan Master
Series.
5. Weber
: Mathematics for Economists.
ENVIRONMENTAL ECONOMICS –I
I Basic Concepts and Theories
UNIT I
Introduction – Environmental Ecology - Environment and Economy Pareto Optimum and Social Welfare of an Economy - Market failure and
externality - environmental quality as a public good.
UNIT II
Ecology Vs Development: Environmental cost of economic growth Resource conservation - limits to growth - sustainable development.
II Environmental Problems:
UNIT III
Land: Nature of degradation associated with each type of land – via
grazing land, crops land, forest land, wet lands and waste land.
UNIT IV
Water: Importance – causes, effects and control of water pollution.
UNIT V
Atmosphere: Domestic and industrial pollution of air – causes, effects
and control of air pollution – Global atmosphere problems.
Bibliography:
Recommended Text
1. Sankar. U, (2001)
: Environmental Economics, Oxford
University Press, New Delhi.
2. Karpagam. M, (1991)
: Environmental Economics, Sterling
Publishers, New Delhi.
3. Sankaran. S, (1994)
: Environmental Economics, Margam
Publications, Chennai.
Books for Reference:
1. State of India’s Environment (1999)
2. Nick Hanley, J.F. Shogren
and Ben White (1971)
: The Citizens of fifth Report
Center for Science and
Environment. New Delhi.
: Environmental Economics,
Macmillan, London.
3. D.W. Pearce and J.J. Warford, (1993)
: Economics, Environment
and Sustainabl Development,
Oxford University Press.
4. Tan Hodge, (1995)
: Environmental
Economics,Macmillan Press
5. Trivedi R.N. (1988)
: Environmental Pollution
and its impact on
Organism, Bhargavi
Bhavan, Patna.
7. Rajasekar. C.V. (1992)
: Critical Issues in
Environmental
Management, Discovery
Publishing House,
New Delhi.
7. Seneca Joseph & M.K. Tausing
: Environmental Economics,
Prentice Hall.
Common Paper 5 (Elective- II) Courses for both Branch III
Economics and Branch III - F Business Economics
COMPUTER APPLICATION IN ECONOMIC ANALYSIS
PREAMBLE
The direction towards the knowledge society shall be resting on a
healthy economics and proper use of Information Technology. Economics
being an empirical science, computers have emerged as the pivotal
instruments of economic analysis, research and forecasting. Therefore, the
future economists must be equipped with skills and tools based on
computers, which this course shall provide to them. This will not only
enhance their employability but also prepare them for the challenges of the
future.
UNIT I
Introduction to Computers and Peripherals
Basic components of computer - CPU, input-output devices,
keyboard, mouse and scanner, video display, printers and plotters, data
storage and retrieval, hard disk, floppy disk and CDROM; Type of
computers and their applications; Computer networking and resource
sharing, hardware, software and firmware.
UNIT II
Data Processing, Techniques and Algorithms
Concept of data, record and file; Types of data and data structures,
data analysis; File handling and operations like opening, appending and
cascading, closing and attribute control; Data storage and retrieval; Data
operations; Algorithms like sorting, merging, joining and bifurcation;
Database concepts and operation on database; DBMS and RDBMS.
UNIT III
Statistical Processing Techniques and Methods
Series, groups, tables, graphs and objects; Time and frequency series,
regression methods and techniques; Regression analysis; Data Validation;
Trends and cyclecity forecasting; System equation; Specification; Error and
correction strategies, Statistical modeling and descriptive statistics;
Distribution functions, Regression statistics.
UNIT IV
Review of Multivariate models & Factor Analysis:
a) Estimation of Recursive and simultaneous Equations models. Analysis
of qualitative data: ANOVA, ANCOVA etc. Multivariate statistical
analysis: Multiple correlation and multiple regression;
b) Cluster analysis, discriminate analysis etc., Application of Excel,
SPSS and LIMDEP for statistical and econometric analysis. Database
in Indian Economy: Census, CSO, NSSO, CMIF etc.
UNIT V
Applications to Finance & Commerce
a) On line banking; ATM's Electronic stock exchange; Electronic
trading; Data sharing and decimation; Electronic transaction;
Document delivery; Authentication and validation transaction
processing.
b) Electronic trading and marketing; On line shopping and malls, B2B,
B2C, B2B and G2B models and their applications; Document and
transaction security and digital signature; Integrated transaction on
mobile platforms.
Bibliography:
Recommended Text
1. Sanders, D.H. (1988)
: Computers Today, McGraw Hill (3rd
Edition),New York.
2. Sinha, P.K. (1992)
: Computer Fundamentals, BPB
Publications, New Delhi.
3. Handbook of Statistica
Books for Reference
1. Rajasekaran, S. (1986)
: Numerical Methods in Science and
Engineering, A.H. Wheeler, Allahabad.
2. Rajasekaran, S. (1986)
: Numerical Methods in Science and
Engineering, A.H. Wheeler, Allahabad.
3. Sanders, D.H. (1988)
: Computers Today, McGraw Hill (3rd
Edition), New York.
4. Sinha, P.K. (1992)
: Computer Fundamentals, BPB
Publications, New Delhi.
5. SPSS Package.
6. LIMDEP Package.
OPERATIONS RESEARCH
UNIT I
Operations Research – Introduction – Meaning – Scope – Models –
Limitations - Formulation - Application in Management Decision Making.
UNIT II
Transportation Models - Assignment Models.
UNIT III
Decision Theory - Use of Probability – Applications - Baye’s
Theorem - Decision Trees
UNIT IV
Network Analysis – Construction of the Network - Time and critical
path calculation CPM, PERT – Applications
UNIT V
Queuing Theory - Fundamental Uses.
Bibliography:
Recommended Text
1. J.K. Sharma
2. Gupta P.K. and
Manmohan
3. Vittal, P.R.
: Operations Research: Theory and Applications,
Rajiv Bein for Macmillan India Ltd, New Delhi.
: Business Statistics & Operations Researchy,
Sultan Chand & Sons, New Delhi.
: Business Statistics and Operations Research,
Margham Publications Chennai.
Books for Reference
1.Hamdy A. Taha (2003)
: Operations Research : An Introduction
Prentice Hall of India Private Ltd,
New Delhi
2.Hiller.F and Liberman G.J.
: Introduction to Operations research(1999)
CBS Publishers and Distributers,
New Delhi
3.Kanthi Swarup, GuptaP.K.
and Manmohan
4.Kapoor V.K.
: Operations Research(1992)Sultan Chand
and Sons, New Delhi
: Operations research (1987) Sultan Chand
and Sons, New Delhi .
Common Paper 10 (Extra Disciplinary I ) Courses for both
Branch III Economics and Branch III - F Business Economics
ECONOMICS OF DEVELOPMENT – I
UNIT I
Nature of Development Economics – Traditional Economic measures
– The new economic view of development – Sen’s Capabilities Approach.
UNIT II
Defining the Developing World – The structural diversity of
developing economics – physical and human resources – Relative
importance of the public and private sectors – external dependence –
economic political, and cultural.
UNIT III
The economics of growth: capital, labour, and technology – capital
accumulation - population and labour force growth – Technological
progress.
UNIT IV
Classical theories of development: a comparative analysis – Rostow’s
stages of growth – the Harrod-Domar model – obstacles and constraints –
structural change model – the Lewis theory of Development – FalseParadigm model - Dualistic Development thesis.
UNIT V
Market fundamentalism – free markets, public choice and market –
friendly approaches – traditional neoclassical growth theory – Endogenous
growth – underdevelopment as a coordination failure.
Bibliography:
Recommended Text
1. Adelman, I (1961)
2. Michael P. Todaro and
Stephen C. Smith (2003)
: Theories of Economic Growth and
Development, Stanford University Press,
Stanford.
: Economic Development, Pearson
Education Pte. Ltd., Singapore.
Books for Reference:
1. Chakravarthy, S. (1982)
: Alternative Approaches to a theory of
Economic Growth, Oxford University
Press.
2. Chakravarthy, S. (1989)
: Development Planning: The Indian
Experience, Clarendon Press.
3. Chatak, S. (1986)
: An Introduction to Development
Economics, Allen and Unwin.
4. Kindleberger, C.P. (1977)
: Economic Development 3ed McGraw Hill.
5. Meler, G.M. (ed.) (1984)
: Leading Issues in Economic Development
4ed. Oxford University Press.
6. Mair, G.M., and
D. Seers (Eds.) (1987)
7. Thirillwall, A.P. (1978)
: Pioneers in Development, Oxford
University Press.
: Growth and Development, 2ed. Macmillan
TAMIL NADU ECONOMY
UNIT I
Natural Resources – Land, Forest, Mineral, Energy and WaterHuman Resources – Population – Health- Social Security- Education and
Human development in Tamil Nadu.
UNIT II
Comparative Study of Indian Five Year Plans and Five Year Plans in
Tamil Nadu – Objectives- Priorities – Strategies- Thrust Areas- Resources Review of all the Plans-Poverty and Unemployment-comparison
UNIT III
Agricultural and Industrial Sectors in Tamil Nadu – Policies- OutlaysAchievements- assessment-Suggestions.
UNIT IV
Social Welfare Schemes and Infrastructural Development – Power –
Transport- Media Services in Tamil Nadu
UNIT V
Tamil Nadu State Finances: NSDP and Per Capita – Growth RatesBudget- Revenue and Expenditure Details- Assessment
Bibliography:
Recommended Text
1. A.G. Leonard, S.J.(2006)
: “Tamil Nadu Economy”, Macmillan
India Ltd., New Delhi.
Books for Reference
1. M. Naganathan(2002)
: “Tamil Nadu Economy – Trends and
Prospects”,(ed.), University of Madras,
Chennai-5.
2. N. Rajalakshmi
: ‘Tamil Nadu Economy’.
3. Madras Institute of Development Studies, ‘Tamil Nadu Economy’ –
Performance
and Issues, Oxford and IBH Publishing Company Pvt.
Ltd., New Delhi , 1988.
Elective and Extra Disciplinary courses / Papers only for
Branch-III Economics
COMPARATIVE ECONOMIC SYSTEM –I
UNIT I
Economics System : Capitalism – mixed economic system – concepts
and definitions.
UNIT II
Theories of Capitalism: Early 19th Century capitalism – Features of
capitalism – Private property – Freedom of enterprises – Competition,
market mechanism.
UNIT III
Forms of Capitalism – Colonialism – Modern financial capitalism –
Multi National Companies – Trans national Corporations.
UNIT IV
Economic Development in US and European countries –
Development in Agriculture, Industry – Transport and Communication –
Technology.
UNIT V
Socialism; Features – private property – freedom of enterprises –
Competition – Planning – Distribution of income.
Bibliography:
Recommended Text
1. Sen, K.K.
2. David W. Conklin
3. Grossman
4. James Angresano
: Comparative Economic System, Sultan & Chand
Company.
: Comparative Economic System, Cambridge
University Press.
: Comparative Economic System.
: Comparative Economic System, Pearson
Education
Books for Reference:
1. Karl Marx
: Das Capital, Vol I,II andIII
2. Marx and Engels
: Communist Manifesto
3. Maurice Dobb
: Economic Theory and Socialism. Routlege and
Kegan Paul, London.
4. Maurice Dobb
: Soviet Economic Development since 1979.
5. Dobb, M. (1969)
: Welfare Economics and Economics of Socialism,
Cambridge University Press Cambridge.
6. Heyek, F.A. (1935),
: Collectivist Economic Planning, Routeldge and
Kegan paul, London.
7. Lange, O. and
F. Taylor
: On the Economic Theory of Socialism(1938).
University of Minnesotta press, Minnestta.
8. Lenin, V.I.: On Marx and
Engels, (1975)
: Foreign languages Press, peking.
9. Lening, V.I.: “Let Wing” :Communism, An infinite Disorder (1975).
Foreign Languages Press, Peking.
10. Joan Robinson
: An Essay on Marxian Economics. Macmillan,
London.
11. Wilczynski, J.
: Economics of Socialism, 4 e. (1981), George
Allen and Unwin, London.
12. Mikhail Gorbechev : Perestroike – New Thinking for our country and
the World, Collins, London.
13. Sartaj Aziz
: Learning from China (1978): Macmillan
Company, London.
14.Xu Dixin
: China’s search for Economic Growth – The
Chinese Economy since 1949.
15. Yu Guangyuan (ed.) : China’s Socialist Moodernisation (1984). Foreign
Languages press, Beijing.
16.Anchishkin, A
: The Theory of Growth of a Socialist Economy
(1977).Progress Publishers, Moscow.
17. Kozlov, G.A. (ed.)
: Political Economy – Socialism (1977).
Progressice Publishers, Moscow.
18. Wiles, P.J.D.
: Economic Institutions Compared (1977). Basill
Blackwell, Oxford.
19. Tangri, S.S. (ed.)
: Command yersus Demand; Systems for
Economic Growth (1967). Health and Company,
Boston.
20. Hecey, Lewis, H.
: History of Economic Thought, (1949). The
Macmillan Company, New York.
21. Byres, Terence
: The Indian Economy (OIP).
MANAGERIAL ECONOMICS
UNIT I
The Scope and Methods of Managerial Economics, Risk, Uncertainty
and Probability Analysis. Optimization Techniques: Total, Average and
Marginal Relationships. Demand forecasting for Consumer, Consumer
Durable and Capital Goods(Case Study Analysis).
UNIT II
Concepts in Resource Allocation, Cost analysis, Break-even Analysis,
Short run and Long run cost functions, Cost, price and output relations.
UNIT III
.
Pricing – Objectives – Pricing Methods and Approaches product Line
Pricing – Multi product Pricing, Differential Pricing.
UNIT IV
Capital budgeting – capital management and Financial Policy –
Investment Appraisal and project Profitability – Methods of Measurement of
Project Profitability.
UNIT V
Advertising – contribution of Economic Theory, Methods of
Determining Total Advertising Budget, cyclical fluctuations of Advertising
Measuring the Economic Effects of Advertising – Regulatory Role of the
Government (Case Study Analysis).
Bibliography:
Recommended Text:
1. Mehta, P.L(2005)
2. Varshney, R.L. and
Maheswari, K.L.(20045)
: Managerial Economics Analysis,
Problems and Cases, Sultan Chand &
Sons, New Delhi.
: Managerial Economics,
Sultan Chand and Sons, New Delhi
Books for Reference:
1. Dominick Salvatore(2001)
2. H Craig Peterson.
W. Chris Lewis(2001)
3. Christopher R Thomas.
S Charles Maurice,(2005)
: Managerial Economics in a Global
Economy, 4th edition, Thomson.
: Managerial Economics, 4th
Edition, Pearson Education, Asia.
: Managerial Economics Concepts
and Applications, the Tata McGraw
Hill, 8th Edition.
4. Gupta, C.B. (2003)
: Operations Management and
Control, 3rd ed.,
5. Dean, J.
: Managerial Economics, Prentice
Hall, Englewood Cliffe, N.J.
Websites:
1. www.prenhll.com/keat
2. www.swlearning.com/economics/salvatore/salvatore5e
FINANCIAL ECONOMICS - I
UNIT I
An over view of financial markets – legal and regulatory frame
work – financial sector reforms – SEBI –SCRA- various segments of
financial markets .
UNIT II
Money markets – structure – characteristics- players – instruments –
interest rates determinations.
UNIT III
Capital market – structure – characteristics – primary , secondary
markets – market intermediaries, stock brokers, under writers –
depositories credit rating agencies.
UNIT IV
Stock market system – trading, listing, regulation of stack market
operations – market efficiency – NSE- OTC.
UNIT V
Online trading system – SEBI Guidelines for capital issues –
pricing – insider trading – investor protection.
Bibliography:
Recommended Text
1. Bhole
: Financial Institutions and Markets, TMH.
2. M.Y. Khan, (2001) : Financial Services, TMH.
Books for Reference
1. Fabozzi, (2002)
2. James C. Vand
Horne, (2002)
: Foundations of Financial Markets and
Institutions, Pearson Education, New Delhi.
: Financial Management and Policy,
Prentice Hall of India Pvt. Ltd. New Delhi.
3. Kuchhal S.C.
: Financial Management : An Analytical and
Conceptual Approach –
Chaitanya
publishing House, Allahabad.
4.P.V. KulKarni
: Financial management, Himalaya Publishing
House.
5. Panday, I.M.
: Financial Management, Vikas Publishing
House Pvt. Ltd.,
6.Prasanna Chandra
: Financial Management: Theory and Practice –
Tata McGraw Hill Publishing Co. Ltd.,
New Delhi.
7. Van Horne (2002)
: Foundations of Financial Management, PHI.
Elective and Extra Disciplinary Courses/Papers only for
Branch-III- F Business Economics
MANAGEMENT ACCOUNTING – I
UNIT I
Management Accounting – Meaning – Nature and Scope – Objectives
– Management Accounting distinguished from Financial Accounting –
Preparation of Income Statement and Balance Sheet – Interpretation and
Analysis of Financial Statements.
UNIT II
Ratio Analysis: – Liquidity Ratios – Long-term Solvency Ratios –
Turnover Ratios – Profitability Ratios – Practical Problems from Balance
Sheet to Ratios – Ratios to Balance Sheet.
UNIT III
Fund Flow Statement Analysis – Meaning of Funds and Funds Flow Schedule of Changes in Working Capital – Funds form Operation –
Preparation of Fund Flow Statement (Including Comprehensive Problems).
UNIT IV
Cash Flow Statement – Meaning – Difference between Cash Flow and
Funds Flow Statement –Cash from Operations – Preparation of Cash Flow
Statements (Both Direct and Indirect Methods).
UNIT V
Budgeting and Budgetary Control – Meaning – Advantages and
Limitations of Budgetary Control – Practical Problems in the preparation of
Production Budget, Procurement Budget, Flexible Budget, and Cash Budget
– Performance Budgeting - Zero Base Budgeting.
Bibliography:
Recommended Text
1. Maheswari. S.N.
: Management Accounting.
2. Palanivel. S.
: Management Accounting.
Books for Reference
1. Batty. J
: Management Accountancy, Macdonald and
Evos.
2. Horngren, C.T.
: Cost Accounting – A Management
Emphasis, Prentice Hall.
3. Man Mohan & Goyal S.N.
: Principle of Management Accounting ,
Sahityabhavan, Agra.
4. Robert N, Anthony D.C.S.
: Management Accounting Principles, D.B.
Taraporevala Sons and Co., Private Ltd.
Economics of Human Resources Development
UNIT I
Concept of human resources, quantitative and qualitative aspects,
human capital in retrospect (Adam Smith and Alfred Marshall) Human
capital and development: Growth accounting and residual factor alternative methods of estimating the contribution of human capital to
development (Methods of Dennison and Schultz).
UNIT II
Human Resource Policies: Need, type and scope – Advantage for a
written policy- work Culture. Development of Human Resources –On
and off the job training – age-earnings profiles – earning differentials.
UNIT III
Demand and supply of human capital - role of ability and family
background in investment. Social investment and cost – benefit analysis,
problem of cost – benefit analysis of human capital.
UNIT IV
Migration of human capital –internal migration- external migration
rates of return – Economic Liberalization –Changing Role of Human
Resource Management and nature of work- Human Resource
Management in IT industry
UNIT V
Functions of Human Resources Management from Procurement to
Separation: Placement, Induction, Transfers, Promotions, Disciplinary
action, Downsizing. Termination of services: Resignation, Dismissal,
Retrenchment and Voluntary Retirement Schemes, Exit interviews.
Note: Case Study analysis is to be incorporated to Business Economics
students in Training and Development, unit 4 and unit 5.
Bibliography:
Recommended Text:
1. Mark Blaug
:An Introduction to Economics of Education,
Penguin.
2. H.S.Parnes (Ed.)
: Planning Education for Economic and Social
Change.
3. NCAER: South India : Human Development Report.
Books for Reference:
1. Gary, S. Becker
:Human Capital 2nd Edn.
2. T.W. Schultz
: Economic Value of Education.
3. J. Mincer
: Schooling Experience and Earnings.
4. Jamison and Lau
: Farmer Education and Farm Efficiency
5. T.W. Schultz (ed.) : Economics of Family
6. G.Psacharapoubs
: Returns to Education.
7. Svedberg, Peter
: Poverty & Under nutrition (OIP)