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CBCS-ECO-II
CBCS-Syllabus
Semester-III
Indian Economy
Time: 3 hrs.
Max. Marks: 100
External: 80
Internal: 20
Unit –I
Basic features and problems of Indian Economy: - Nature of Indian Economy, demographic
features and Human Resource Development (HDI), Problems of Poverty, Unemployment,
Inflation, income inequality, Black money in India.
Unit-II
Sectoral composition of Indian Economy: - Issues in Agriculture sector in India ,land reforms
Green Revolution and agriculture policies of India , Industrial development , small scale and
cottage industries, industrial Policy, Public sector in India, service sector in India.
Unit-III
Economic Policies :- Economic Planning in India , Planning commission v/s NITI Aayog,
monetary policy in India, Fiscal Policy in India, Centre state Finance Relations, Finance
commission in India. LPG policy in India.
Unit-IV
External sector in India: - India’s foreign trade value composition and direction, India
Balance of payment since 1991, FDI in India, Impact of Globalization on Indian Economy,
WTO and India.
Suggested Readings:
1.
2.
3.
4.
5.
Dutt Rudder and K.P.M Sunderam (2001): Indian Economy, S Chand & Co. Ltd.
New Delhi.
Mishra S.K & V.K Puri (2001) “Indian Economy and –Its development
experience”, Himalaya Publishing House.
KapilaUma: Indian Economy: Policies and Performances, Academic Foundation
Bardhan, P.K. (9th Edition) (1999), The Political Economy of Development in
India, Oxford University Press, New Delhi.
Jalan, B. (1996), India’s Economic Policy- Preparing for the Twenty First
Century, Viking, New Delhi.
CBCS-ECO-III
CBCS-Syllabus
Semester- IV
Basic Statistics
Time: 3 hrs.
Max. Marks: 100
External: 80
Internal: 20
Unit –I
Measures of Central Tendency: Mean, Median, Mode, Geometrical Mean, Harmonic Mean;
Measures of Dispersion; Range, Interquartile Range, Interquartile Deviation, Mean
deviation, Standard Deviation, Variation, Coefficient of Variation and Lorenz Curve.
Unit –II
Correlation Analysis, Regression Analysis: Time Series: Measurement Trends & Seasonal
Variation, Estimation of Growth Rates and Forecasting with OLS.
Unit –III
Data Analysis, Method of Data Collection; Census, Sampling: Fundamentals, Statistical
Quality Control, Index Number (Simple Index Number and Weighted Index Number),
Association of Attributes.
Unit –IV
Probability: Additional and Multiplication Theorem, Tests of Hypothesis: Standard Error
Test, T-Test, Z-Test, F-Test, Chi-Square Test, Analysis of Variance and Analysis of
Covariance.
Suggested Readings:
1.
2.
3.
4.
5.
Gupta S.C and V.K Kapoor (1993). Fundamentals of Applied Statistics”, S.
Chand and Sons, New Delhi.
Spiegel,M.R (1992). Theory and Problems of Statistics”, 3rd Edition, Mc Graw
Hill Books London.
Croxton, F.E & D.J Cowden and S.K Klein (1973).”Applied General Statistics”,
Prentice Hall, New Delhi.
Yates, Frank, Sampling Methods for Census and Surveys, Charles, Griffin Co.,
London.
Cocharm, W. G., Sampling Techniques, John Willey, NewYork.
CBCS-ECO-I
CBCS-Syllabus
Semester-III
Elements of Economics
Time: 3 hrs.
Max. Marks: 100
External: 80
Internal: 20
Unit –I
Demand Analysis and Supply Analysis, Consumer Equilibrium, Utility and Indifference
Curve; Production Function, Cost Function, Economies of Scale, Law of Returns. Basic
Features of Markets: Perfect Competition, Monopoly, Monopolistic Competition, Bilateral
Monopoly, Oligopoly, Duopoly, Cartels.
Unit –II
Various Concepts of National Income, Consumption Function, Investment Function and
Multiplier, Trade Cycles, Inflation, Monetary and Fiscal Policy, Money Supply, Money
Multiplier, Various Definitions of Money, High Powered Money.
Unit –III
Basic Concepts of Growth and Development, PQLI, HDI, GDI, Measurement of Poverty and
Inequality, Vicious circle of poverty, Balanced and Unbalanced Growth Theory, Sustainable
Development.
Unit –IV
Basic Characteristics of Indian Economy and Issues of Indian Economy ( Inflation, Poverty,
Unemployment, Black money and Inequalities), Economic Reforms, Liberalisation and
Globalization, Current Issues of Indian Economy, NITI Aayog versus Planning commission,
Centre-State Finance Relations (14th Finance Commission), Poverty, Unemployment in India.
Suggested Readings:
1.
2.
3.
4.
5.
6.
7.
8.
9.
Pindyck Robert S Ruben Feld Daniel, “Microeconomics, Prentice Hall of India.
Koutsoyiannis A (1979): Modern Micro-Economics McMillan Press London
Shapiro E (2003): Macroeconomic Analysis, Galgotia Publications New Delhi.
Rana and Verma: Macroeconomic Analysis, Vishal publications.
Mankiw: MacroEconomics MIT Press Cambridge.
Thirlwall, A.P. (2003), “Growth and Development”, Seven edition, Palgrave
Macmillan, New York.
Tadoro, Michael & Stephen C Smith (2004), “Economics Development”, Seventh
edition, Oxford University Press, New Delhi.
Dutt Rudder and K.P.M Sunderam (2001): Indian Economy, S Chand &
Co.Ltd.New
Delhi.
Mishra S.K & V.K Puri (2001) “Indian Economy and –Its development
experience”, Himalaya Publishing House.
CBCS-ECO-IV
CBCS-Syllabus
Semester- IV
Basic Econometrics
Time: 3 hrs.
Max. Marks: 100
External: 80
Internal: 20
Unit-I
Econometrics: Nature, meaning, scope and Methodology; Types of econometrics models;
OLS assumptions, estimation and BLUE Properties; Multiple Regression with two
explanatory variables.
Unit-II
Statistical Tests of significance of the estimates: Tests of goodness of fit with R square;
adjusted R square; Tests of significance of the parameter estimates; confidence interval of the
parameters; testing the overall significance of a regression.
Unit-III
Econometric Problems: Nature, Consequences, detection and remedial measure of the
problems of multicollinearity, hertoscedasticity and autocorrelation, Tests of specification
and mis-specification, measurement error, Encompassing models, and criteria for model
selection;
Unit-IV
Identification: Rank and Order Conditions, Time Series And Panel Data Operations, Time
Series Analysis: concepts and components; Determination of Linear trend and seasonal
indices, Dummy Variables And its Uses, Applications of Logit Model, Probit Model and
Tobit Model.
Suggested Readings:
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
Gujarati Damodar (2002). “Basic Econometrics”, 4th Edition, Mc Graw Hill.
Gream Wiilliam (2000). “Econometrics Analysis”, 5th Edition, Prentice Hall.
Goldberder,A.S (1998). “Introductory Econometrics”, Harvard University Press,
Cambridge.
Patterrson Kerry.P (2000). An Introduction to Applied Econometrics”, Vol.1,
Oxford U.K, Blackwell Publishing.
Amemiya, T. (1985), Advanced Econometrics, Harvard university Press,
Cambridge, Mass.
Intrilligator, M.D. (1978), Econometric Methods, Techniques and Applications,
Prentice Hall Englewood Cliffs, New Jersey.
Johnson J. (1991), Econometric Methods, MCGraw Hall Book Co. London
Kmenta J. (1998), Elements of Econometrics, University of Michigan Press,
NewYork
Koutsoyiannis, A. (1977), Theory of Econometrics, The Macmillan Press Ltd.
London
Maddala G.S.(Ed) (1993), Econometric Methods and application, Aldershot U.K.
Theil H. (1981), Introduction to Econometrics, Prentice Hall of India, New Delhi
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