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ANDHRA UNIVERSITY B.A. SYLLABUS (UNDER CBCS PATTERN) ECONOMICS from Dr.Ch.S. GOPALA KRISHNA MURTHY READER & HEAD, DEPT. OF ECONOMICS, B.V.K COLLEGE. CHAIRMAN, BOARD OF STUDIES (UG) IN ECONOMICS, ANDHRA UNIVERSITY, VISAKHAPATNAM Semester - Paper Semester- I Paper -1 Micro Economics-I Semester-III Paper -3 Macro Economics-I Semester-V Paper -5 Indian Economy-I Semester-VI Indian Economy-II Paper -7 Semester - Paper Semester-II Paper -2 Micro Economics-II Semester-IV Paper -4 Macro Economics-II Semester-V Paper -6 (A)Public Finance (B)Economic History of India-1857 to 1947 (C) Environmental Economics (D)Quantitative Techniques Semester-VI Paper -8 (A)International Trade (B) Financial Markets (C)Economics of Education & Health (D) Data Analysis and Statistical Packages (E) Research Methodology ANDHRA UNIVERSITY CHOICE BASED CREDIT SYSTEM 2015-16 B.A. ECONOMICS From: Dr.Ch.S.Gopala Krishna Murthy, Chairman, Board of Studies (UG) in Economics, Andhra University, Visakhapatnam. Semester - I Paper 1 :Micro Economics - I Module -1 Nature, definition and scope of Economics - Wealth, Welfare, Scarcity and modern definitions. Module -2 Methodology in Economics - Micro & Macro; Static and Dynamic analysis; Normative and positive science, Inductive & Deductive methods; Partial and general Equilibrium. Module - 3 Utility analysis - cardinal approach-Law of diminishing marginal utility-concept of consumer's surplus Law of Equi-Marginal Utility. Module - 4 Demand analysis - Law of Demand - Elasticity of Demand - Measurement of Elasticity of Demand - Price, Income & Cross Elasticities of Demand. Module - 5 Indifference Curve analysis - Properties of Indifference curves - Price or budget line - Equilibrium of the Consumer with the help of Indifference curves Revealed preference theory. Text Books: 1. Telugu Academy Publications 2. AUSDE - Study Material 3. D.M. Mithani & G.K. Murty - Business Economics, Himalaya Publishing, 2015. REFERENCES: 1. R.G. Lipsey and K.A.Chrystal - "Economics", Oxford University Press, 10/e, 2004. 2. P.A.Samuelson & W.D. Nordhaus-"Economics", Tata Mc.Graw Hill, 18/e, 2005. 3. N.Gregory Mankiw-"Principles of Economics", Thompson 2015 . 4. H.L.Ahuja-"Advanced Economic Theory"' S.Chand. 5. M.L.Seth-"Micro Economics", Laxmi Narayana Agarwal, 2015. 6. Bilas, A.-"Micro Economic Theory", International Student Edition, Mc.Graw Hill, 1971 ANDHRA UNIVERSITY CHOICE BASED CREDIT SYSTEM 2015-16 B.A. ECONOMICS Semester - II Paper 2 :Micro Economics - II Module - 1 Production function-Concept of homogeneous production function-CobbDouglas production function Law of variable proportions-Law of Returns to Scale - Different cost concepts - Diagrammatic presentation of cost curves Revenue concepts with diagrams. Module - 2 Perfect Competition - Price determination and equilibrium under perfect competition - Monopoly - Price determination - Price discrimination. Module - 3 Monopolistic competition - price determination - Oligopoly - Kinked demand curve approach. Module - 4 Marginal Productivity theory of distribution - Theories of wage determination Wages and collective bargaining - concept of minimum wage. Module - 5 Ricardian theory of rent - Quasi rent concept of Alfred Marshall - Interest Classical, Neo-classical and Keynesian theories - Profit - dynamic, innovations, Risk and Uncertainty theories. Text Books: 1. Telugu Academy Publications 2. AUSDE - Study Material 3. D.M. Mithani & G.K. Murty - Business Economics, Himalaya Publishing, 2015. REFERENCES: 1. R.G. Lipsey and K.A.Chrystal - "Economics", Oxford University Press, 10/e, 2004. 2. P.A.Samuelson & W.D. Nordhaus-"Economics", Tata Mc.Graw Hill, 18/e, 2005. 3. N.Gregory Mankiw-"Principles of Economics", Thompson 2015. 4. H.L.Ahuja-"Advanced Economic Theory"' S.Chand, 2004. 5. M.L.Seth-"Micro Economics", Laxmi Narayana Agarwal, 2015. 6. Bilas, A.-"Micro Economic Theory", International Student Edition, Mc.Graw Hill, 1971. ANDHRA UNIVERSITY CHOICE BASED CREDIT SYSTEM 2015-16 II B.A. ECONOMICS Semester – III Paper 3 :Macro Economics - I Module - 1 Meaning, definition and importance of Macro Economics Micro Economics versus Macro Economics. Module - 2 National Income - Definitions, GNP,NNP, GDP and NDP, Personal Income, Disposable Income, Per capita Income - Methods of National Income. Module - 3 Meaning and Functions of Money - Classification of money - Gresham's Law - RBI classification of Money. Theories of Money - Fisher's Quantity theory of Money Cambridge approach (Marshall, Pigou, Robertson & Keynes). Module - 4 Classical theory of Employment - Say's Law of Markets. Module - 5 Keynesian Theory of Employment - Consumption function - Investment Function MEC, Concepts of multiplier and accelerator. Text Books: 1. Telugu Academy Publications. 2. AUSDE - Study Material. REFERENCES: 1. 2. 3. 4. 5. 6. 7. 8. 9. G.Ackley - "Macro Economics Theory and Policy", Collier Macmillan, 1978. E.Shapiro - "Macro Economic Analysis", Galgotia Publications, 1999. Central Statistical Organisations - "National Accounts Statistics". R.Dornbush, s.Fisher and R.Startz - "Macro Economics", Tata Mc.Graw Hill, 9/e, 2004. M.L.Seth-"Macro Economics", Lakshmi Narayana Agarwal, 2015. K.P.M. Sundaram - "Money, banking & International Trade", Sultan Chand, 2010. Dillard, D - "The Economics of John Maynard Keynes", Crossby Lockwood & Sons. M.N.Mish ra & S.B.Mishra - "Insurance Principles & Practice" S.Chand 2012. Bharati V.Pathak "The Indian Financial System Markets. Institutions & Services". Pearson 2008. ANDHRA UNIVERSITY CHOICE BASED CREDIT SYSTEM 2015-16 II B.A. ECONOMICS Semester - IV Paper 4 :Macro Economics - II Module - 1 Trade Cycles - meaning and definition - Phases of a Trade Cycle -Inflation definition - types of inflation - causes and effects of inflation measures to control inflation. Module - 2 Importance of International Trade- Regional and International Trade- Theories of Trade-Classical-Adam Smith and David Ricrado, Neo-Classical Theory of Trade-Hecksher and Ohlin Module - 3 Functions of Commercial Banks - Concept of Credit creation-Functions of RBI. Module - 4 Stock Market - Functions - Primary and Secondary Markets - Insurance - Life Insurance, concept of General Insurance. Module - 5 Concept of Economic Growth - Distinction between economic growth and development - Measurement of economic development. Fiscal, Monetary and Exchange rate policies Text Books: 1. Telugu Academy Publications. 2. AUSDE - Study Material. REFERENCES: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. G.Ackley - "Macro Economics Theory and Policy", Collier Macmillan, 1978. E.Shapiro - "Macro Economic Analysis", Galgotia Publications, 1999. Central Statistical Organisations - "National Accounts Statistics". R.Dornbush, s.Fisher and R.Startz - "Macro Economics", Tata Mc.Graw Hill, 9/e, 2004. M.L.Seth-"Macro Economics", Lakshmi Narayana Agarwal, 2015. K.P.M. Sundaram - "Money, banking & International Trade", Sultan Chand, 2010. Dillard, D - "The Economics of John Maynard Keynes", Crossby Lockwood & Sons. M.N.Mish ra & S.B.Mishra - "Insurance Principles & Practice" S.Chand 2012. Bharati V.Pathak "The Indian Financial System Markets. Institutions & Services". Pearson. D.M.Mithani & G.K.Murty - " Business Economics", Himalaya Publishing House, 2015. M.L.Jhingan - Economic Development - Vikas, 2012. 12. G.Omkarnath - Economics - A Primer for India - Orient Blackswan, 2012. ANDHRA UNIVERSITY C3HOICE BASED CREDIT SYSTEM 2015-16 III B.A. ECONOMICS Semester - V Paper 5 : Indian Economy - I Module - 1 Theories of Economic Growth - Adam Smith, David Ricardo, Rostow, Karl Marx and Harrod & Domar Models. Module - 2 Sustainable development - Balanced and unbalanced growth-choice of techniques Labour intensive and capital intensive methods. Module - 3 Basic features of the Indian Economy - Natural Resources - Important Demographic features - concept of population dividend. Module - 4 National Income in India - trends and composition-poverty, inequalities and Unemployment - Measures taken by the Government. Module - 5 Economic reforms - liberalisation, Foreign Trade Policy of India, privatisation and globalisation - concept of inclusive growth. Text Books: 1. Telugu Academy Publications. 2. AUSDE - Study Material. 3. Dr.Ch.S.G.K.Murthy, Indian Economy - Gitam University. REFERENCES: 1. 2. 3. 4. 5. 6. 7. 8. 9. Dhingra, I.C - "Indian Economy", Sultan Chand, 2014. Ruddar Dutt and K.P.M. Sundaram - "Indian Economy", S.Chand & Co., 2015. G.M.Meier - "Leading Issues in Economic Development", Oxford University Press, New York, 3/e. M.P.Todaro - "Economic Development", Longman, London 6/e, 1996. Reserve Bank of India - Hand book of Statistics on Indian Economy (Latest). S.K.Misra & V,K,Puri - "Indian Economy", Himalaya Publishing House, 2015. R.S.Rao, V.Hanumantha Rao & N.Venu Gopal (Ed) - Fifty Years of Andhra Pradesh (1956-2006), Centre for Documentation, Research and Communications, Hyderabad, 2007. G.Omkarnath - Economics - A Primer for India - Orient Blackswan, 2012. Benjamin Higgins - Economic Development ANDHRA UNIVERSITY CHOICE BASED CREDIT SYSTEM 2015-16 III B.A. ECONOMICS Semester - V Paper 6(A):Public Finance Module - 1 Meaning and scope of Public Finance - Distinction between Public and Private Finance. Principle of maximum social advantage Module - 2 Budget - Meaning and Definition - Components of Budget - Concepts of Budget Deficits - Indian Union Budget. Module - 3 Source of Public Revenue - Taxes - administrative revenues - commercial revenues - Gift and grants - Concept of VAT. Canons of taxation(Adam Smith's and Modern Economists). Module - 4 Meaning and classification of public expenditure - principles of public expenditure Wagner's Law - Peacock - Wiseman Hypothesis. Module - 5 Public debt - classification of public debt - methods of debt redemption . Text Books: 1. 2. Telugu Academy Publications. AUSDE - Study Material. REFERENCES: 1. 2. B.P.Tyagi - "Public Finance", Jai Prakash Nath, 2012. H.D.Bhatia - "Public Finance"' Vikas Publishing House 2013. 3. 4. 5. 6. Reserve Bank of India - Hand book of Statistics on Indian Economy (Latest). S.K.Misra & V,K,Puri - "Indian Economy", Himalaya Publishing House, 2015. Budget at a Glance Economic and Functional Classification of the Budget ANDHRA UNIVERSITY CHOICE BASED CREDIT SYSTEM 2015-16 B.A. ECONOMICS SEMESTER - V PAPER 6(B) :ECONOMIC HISTORY OF INDIA - 1857 TO 1947 Module -1: INTRODUCTION Colonial India: Background and Introduction, Overview of colonial economy Module -2: MACRO TRENDS National Income; Population; Occupational Structure Module -3: AGRICULTURE Agrarian structure and land relations; Agricultural markets and institutions-credit; Commerce and Technology; trends in Performance and Productivity; famines Terms of trade between agriculture and industry. Module -4: RAILWAYS AND INDUSTRY Railways ; the de-industrialization debate; evolution of entrepreneurial and industrial structure; nature of industrialization in the interwar period; Constraints to industrial breakthrough; labor relations. Module -5: 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; REFERENCES: 1. Dadha Bhai Nauroji - Poverty and British Rule. 2. Lakshmi Subramaniam, "History of India 1707-1857 ", Orient Blackwan, 2010, Chapter 4 3. Sumit Guha, 1991, Mortality decline in early 20th century India, Indian Economic and Social History Review (IESHR), pp 371-74 and 385-87 4.Tirthankar Roy, The Economic History of India 1857-1947, Oxford University Press, 3rd Edition, 2011 5. J.Krishnamurthy, Occupational Structure, Dharma Kumar(editor), The Cambridge Economic History of India, Vol. II, (henceforth referred to as CEHI), 2005, Chapter6. 6. Irfan Habib, Indian Economy 1858-1914, A People's History of India, Vol.28, Tulika,2006 ANDHRA UNIVERSITY CHOICE BASED CREDIT SYSTEM 2015-16 B.A. ECONOMICS SEMESTER - V PAPER 6(C) :ENVIRONMENTAL ECONOMICS Module I: INTRODUCTION Key environmental issues and problems, economic way of thinking about these problems, basic concepts from economics; Pareto optimality and market failure in the presence of externalities; property rights and other approaches. Module: THE DESIGN AND IMPLEMENTATION OF ENVIRONMENTAL POLICY Overview, Pigouvian taxes and effluent fees, treadable permits, implementation of environmental policies in India and international experience; transboundary environmental problems; economics of climate change. Module III: ENVIRONMENTAL VALUATION METHODS AND APPLICATIONS Valuation of non-market goods and services- theory and practice; measurements methods; cost- benefit analysis of environmental policies and regulations Module IV: SUSTAINABLE DEVELOPMENT Concepts; measurements; perspectives from Indian experience. Module V: ENVIRONMENTAL POLICIES IN INDIA Text Books: 1. Environmental Economics By Karpagam. 2. Environmental Economics By UGC Publications. References: 1. Roger Perman, Yue Ma, Michael Common, David Maddison and James McGillivray," Natural Resource and Environmental Economics", Pearson Education/Addison 2. Charles kolstad, " Intermediate Environmental Economics", Oxford University Press, 2nd edition, 2010. 3. Robert N. Stavins(ed),"Economics of the Environment: Selected Readings", W.W. Norton, 6th edition,2012. 4. Robert Solow, " An Almost Practical Step towards Sustainability," Resources for the future 40th anniversary lecture,1992. 5. Kenneth Arrow et al., " Are We Consuming Too Much?" Journal of Economic Perspectives, 18(3): 147-172, 2004. 6. IPCC: Intergovernmental Panel on Climate Change, Fifth Assessment report 2014. ANDHRA UNIVERSITY CHOICE BASED CREDIT SYSTEM 2015-16 B.A. ECONOMICS SEMESTER - V PAPER 6(D) :QUANTITATIVE TECHNIQUES (Mathematical derivations and proofs are not required. Only applications) Module 1: Limits and continuity - Derivatives - First and Second Derivatives and their application in Economics - Conditions for Maxima and Minima and Problems in Economics. Module 2: Partial Differentiation - First, Second and United. Partial Derivatives Elasticity of substitution for CD Function - Problems involving Maxima and Minima. Module 3: Simple Integration and Problems of consumer and Producer's surplus. Module 4: Correlation and Regression Module 5: Probability - Definition - Addition and Multiplication Theorems Conditional Probability - Bay's theorem REFERENCES: 1. K. Sydsater & P.J Hammond- "Mathematics for Economic Analysis", Pearson Education, Delhi, 2012. 2. A.C Chiang- "Fundamental Methods of Mathematical Economics", Mc Graw Hill, 2005. 3. Yamane Taro-"Mathematics for Economics", Prentice Hall of India, New Delhi, 2004. 4. A. Mizrahi and M. Sallivan- "Mathematics for Business and Social Sciences- Applied Approach". John Wiley, 1985. 5. S.P. Gupta & V.K Kapoor- "Fundamentals of Mathematical Statistics", S.Chand & Co., 2014. 6. Stephen Bernstein & Ruth Bernstein- "Theory & Problems of Elements of Statistics", Schaum's Outline Series, Tata Mc Graw Hill, 2005. 7. E.Dowling-"Mathematical Economics", Schaum's Outline Series, 2010. ANDHRA UNIVERSITY CHOICE BASED CREDIT SYSTEM 2015-16 III B.A. ECONOMICS Semester - VI Paper 7 Indian Economy - II Module - 1 Indian Agriculture - Importance of Agriculture in India - Agrarian structure and relations- land reforms. Rural credit - Micro Finance - Self Help Groups (SHGs) Agricultural Price policy concept of Crop Insurance - Meaning of Food Security. Module - 2 Structure and growth of Indian Industry - Industrial policies of 1956 & 1991 Meaning of MSMEs. Balance of payments of India. Module - 3 Disinvestment in India - FEMA - Foreign direct investment - Services Sector in India - Banking, Insurance, IT, Education and Health. Module - 4 Planning in India - Objectives of Five year plans - current Five year plan. Module - 5 Andhra Pradesh Economy - GSDP - Sectoral Contribution and trends - SEZs. Text Books: 1. 2. 3. Telugu Academy Publications. AUSDE - Study Material. Dr.Ch.S.G.K.Murthy, Indian Economy - Gitam University. REFERENCES: 1. 2. 3. 4. 5. 6. 7. Dhingra, I.C - "Indian Economy", Sultan Chand, 2014. Ruddar Dutt and K.P.M. Sundaram - "Indian Economy", S.Chand & Co., 2015. G.M.Meier - "Leading Issues in Economic Development", Oxford University Press, New York, 3/e. M.P.Todaro - "Economic Development", Longman, London 6/e, 1996. Reserve Bank of India - Hand book of Statistics on Indian Economy (Latest). S.K.Misra & V,K,Puri - "Indian Economy", Himalaya Publishing House, 2015. R.S.Rao, V.Hanumantha Rao & N.Venu Gopal (Ed) - Fifty Years of Andhra Pradesh (1956-2006), Centre for Documentation, Research and Communications, Hyderabad, 2007. 8. G.Omkarnath - Economics - A Primer for India - Orient Blackswan, 2012. Module - 1 ANDHRA UNIVERSITY CHOICE BASED CREDIT SYSTEM 2015-16 III B.A. ECONOMICS SEMESTER - VI PAPER 8(A) :INTERNATIONAL TRADE Meaning and importance of International Trade - Inter - Regional and International Trade. Module - 2 Theories of International Trade - theory of absolute advantage theory of comparative cost and Hecksher - Ohlin theory. Module - 3 International Trade and Economic growth - Terms of trade - Gross Barter and Net Barter and Income terms of trade. Module - 4 Tariffs - meanings and definition - Types of tariffs - Concept of optimum tariff Balance of payments - Causes for diseuilibrium in balance of payments. Module - 5 India's Foreign Trade - composition and direction. Recent EXIM policy - changing role IMF, IBRD & WTO. Concept of outsourcing. Text Books: 1. Telugu Academy Publications. 2. AUSDE - Study Material. REFERENCES: 1. B.O.Soderston - "International Economics", Macmillan, 1995. 2. C.P.Kindle Berger - "International Economics". 3. J.Bhagawathi - "International Trade - Selected Readings", Cambridge University Press. 4. D.M.Mithani & G.K.Murty - "Business Economics", Himalaya Publishing House, 2015. ANDHRA UNIVERSITY CHOICE BASED CREDIT SYSTEM 2015-16 B.A. ECONOMICS SEMESTER - VI PAPER 8(B): FINANCIAL MARKETS Module 1: FINANCIAL MARKETS: Role and Structure of Money Market and Capital Market- Call Money Market, Treasury Bill Market, Commercial Bill Market - Relation between National and International Market. Module 2: SECURITIES AND CAPITAL MARKET: Securities- Government Securities market- market for derivatives; Futures and options and other derivatives - Primary and secondary market for securities, SEBI, IRDA and their role in financial markets. Module 3: NON-BANKING FINANCIAL INTERMEDIARIES: Definition and types of non-banking financial institutions. Module 4: INTERNATIONAL FINANCIAL SYSTEM Nature, Organization and participants; Exchange rates- Devaluation and depreciation- working of floating exchange rates since 1973. Module 5: INTERNATIONAL FINANCIAL SYSTEM Reforms in International Monetary System for developing countriesLending operation of world bank and the affiliates- working of IDA and IFC. Asian Development Bank and India. REFERENCES: 1. Bhole, L.M. (1999), Financial Institutions and Markets; Tata McGraw Hill Company Ltd., New Delhi. 2. Bhole L.M. (2000). Indian financial systems, Chugh Publications, Allahabad. 3. Edminister, R.O. (1986), Financial Institutions, Markets and Managements,McGraw Hill, Newyork. 4. Goldmith, R.W. (1969), Financial Structure and Development, Yale, London Hanson, J.A. and S.Kathuria (Eds) (1999), India : A financial Sector for the Twenty- First Century, Oxford University Press, New Delhi. 5. Harker, P.T. and A. Tenias (2000)(Ed) Performance of Financial institutions, Cambridge University, Press, Cambridge. 6. Johnson, H.S. (1993), financial institutions and Markets, McGrow Hill, New Delhi. 7. Khan, M.Y. (1996), Indian Financial system, Tata McGraw Hill, New Delhi. Machi Raju, M.R. (1999), Indian Financial Systems, Vikas Publishing, New Delhi. 8. Prasad, K.N. (2001), Development & India's Financial Systems, Sarup & Sons., New Delhi. 9. Avadhani, Study in Indian Financial System. ANDHRA UNIVERSITY CHOICE BASED CREDIT SYSTEM 2015-16 B.A. ECONOMICS SEMESTER - VI PAPER 8(C): ECONOMICS OF EDUCATION AND HEALTH Module 1: Education as an instrument for economic growth, human capital Vs Physical Capital, Education as consumption or investment-Demand for Education-Private and social demand, Determinates of demand. Moidule-2: Cost of Education-Expenditure on education, Private costs and social costs and wastage and stagnation: Benefits of education. Module 3: Education and Labour Market- Effects of educational financing on income distribution; Effects of education, Ability and family background on earnings, Poverty and income distribution, Education and employment. Module 4: Health dimensions of development; Determinants of health - Poverty, Malnutrition and environmental issues; Economic dimensions of health care. Module 5: Financing of Health care and resource constraints- Health status Indicators and measurement. References: 1.Baumol, W.J. and W.E. Oates (1988), The Theory of Environmental Policy, (2nd Edition), Cambridge University, Cambridge. 2. Berman, R.(ED) (1995), Health Sector Reform in Developing Countries: Making Health Development Sustainable, Boston: Harvard Series on Population and International Health. 3. Blaug, m.(1972), Introduction to Economics of Education, Penguin, London. 4. Bromely, D.W. (Ed) (1995), Handbook of Environment Economics, Blackwell, London. 5. Cohn, E. and T.Gaske (1989), Economics of Education, Pergamon Press, London. 6. Fisher, A.C. (1981), Resource and Environmental Economics, Cambridge University Press, Cambridge 7. Hanley, N., J.F.Shogern and B. white (1997), Environmental Economics in Theory and Practice, Macmillan. 8. Jeroen, C.J.M: Vanden Bergh (1999), Handbook of Environmental and Resource Economics, Edward Elgar publishing Ltd.,U.K ANDHRA UNIVERSITY CHOICE BASED CREDIT SYSTEM 2015-16 B.A. ECONOMICS SEMESTER - VI PAPER 8(D): DATA ANALYSIS AND STATISTICAL PACKAGES Module I:INTRODUCTION Preparation of Data Files- Types of Data, Merging of filesMeasurement of AttributesModule -II Classification and tabulation-One, two and three way tables, Frequency Distribution- Discrete, Grouped, Continuous and Bivariate Frequency DistributionModule -III Graphical and Diagrammatic Representation of Data- Various Bar Charts and Pie-charts- Frequency Curve- Ogive- Box Plot- HistogramModule -IV Descriptive Statistics- Measures of Central Tendency, Measures Of Dispersion, Co-efficient of Variation, Skewness, Kurtosis, Percentiles, Distributions- Binomial, Poisson, Normal Module - V: SIMULATION Random Number Generation-Uniform Random Numbers-Generating the Random Numbers from Binomial, Poisson, Normal, Report generation. ANDHRA UNIVERSITY CHOICE BASED CREDIT SYSTEM 2015-16 B.A. ECONOMICS SEMESTER - VI PAPER 8(E): RESEARCH METHODOLOGY (Mathematical derivations and proofs are not required. Only applications) Module 1: Meaning of Research, Objectives of Research, Types of Research, Significance of Research, Research Process-Research-Public Policy Connect Module 2: Census survey -sample survey-need for sampling survey-Need for sampling survey-sample from statistic and parametric-sampling methods-difference between standard error and standard deviation. Module -3: Probability: Definition, Addition and multiplication rules for two events, random variable, concept of probability distribution, applications of three commonly used probability distributions (binomial, Poisson and normal). Module 4: Definition of Hypothesis; formulation of Hypothesis Concepts of testing of hypothesis – null and alternative hypothesis, two types of errors in testing of hypothesis, critical region, level of significance. Module 5: Tests of Homogeneity and Heterogeneity of sample Large sample test for single proportion and difference of proportions, large sample test for single mean and difference of means. Small sample test for single mean, difference of means and paired t-test. Chi-square test for independence of attributes. Reference Books: 1. Research Methodology; C.R. KOTHARI, New age international Publishers, 2004 2. Statistical Methods; SP GUPTA, Sultan Chand & Sons Publishers, New Delhi, 2015 3. Quantitative Methods; SINHA.S.N, Central Publications, 2003 ANDHRA UNIVERSITY B.A. ECONOMICS (CBCS) w.e.f 2015-16 I B.A. - SEMESTER -I PAPER - I MICRO ECONOMICS - 1 Time: 3. hr max. marks 75 Section A (5 X 5 = 25 Marks) Answer any 5 of the following: 1. 2. 3. 4. 5. 6. 7. 8. Wealth definition Micro Economics Inductive Methods Consumer's surplus Law of Demand Income Demand Properties of Indifference curves Budget line Section B (5X10= 50 Marks) Answer the following 9. a. Define Economics and explain its scope OR b. Do you thing that the scarcity definition is superior to other definitions 10. a. Distinguish between micro and macro Economics OR b. Explain partial and general equilibrium 11. a State the law of diminishing marginal utility with its exceptions OR b. State the law of Equi-Marginal Utility 12. a. what is elasticity of Demand ? How to measure it ? OR b. Explain the law of demand. 13. a. Explain the consumer's equilibrium with the help of Indifference curves OR b. What are the Properties of Indifference curves ANDHRA UNIVERSITY B.A. ECONOMICS (CBCS) w.e.f 2015-16 I B.A. - SEMESTER -II PAPER - II MICRO ECONOMICS - II Time: 3. hr max. marks 75 Section A (5 X 5 = 25 Marks) Answer any 5 of the following: 1. 2. 3. 4. 5. 6. 7. 8. Production function Marginal cost Features of perfect competition Kinked demand curve Minimum wage Quasi rent Innovations theory of profit Selling cost Section B (5X10= 50 Marks) Answer the following 9. a. Explain the law of variable proportions OR b. State the law of returns to scale 10. a. Explain the price determination and equilibrium under perfect competition OR b. State the price determination under monopoly 11. a. What is monopolistic competition? Explain price determination under this market OR b. State the price determination under oligopoly. 12. a. Explain the marginal productivity theory of distribution OR b. What are different wage theories ? 13. a. Critically examine the Ricardian theory of rent OR b. Explain the Keynesian theory of interest ANDHRA UNIVERSITY B.A. ECONOMICS (CBCS) w.e.f 2015-16 II B.A. - SEMESTER -III PAPER - 3 MACRO ECONOMICS - 1 Time: 3. hr max. marks 75 Section A (5 X 5 = 25 Marks) Answer any 5 of the following: 1. 2. 3. 4. 5. 6. 7. 8. Macro Economics National Income Say' Law of Markets Multiplier Accelerator Gresham's Law Marginal efficiency of capital National Income estimation in India Section B (5X10= 50 Marks) Answer the following 9. a. Define Macro Economics and Explain its Scope OR b. Distinguish between Micro Economics and Macro Economics 10. a. What is National Income? What are various concepts of National Income? OR b. Explain the methods of estimating National Income 11. a What is Money? What are the functions of Money? OR b. Critically examine the Fisher's Quantity theory of money 12. a. Write an essay on the Classical theory of employment OR b. What are the salient features of the Classical theory of employment 13. a. Briefly Explain the Keynesian theory of employment OR b. Write a note on the consumption function ANDHRA UNIVERSITY B.A. ECONOMICS (CBCS) w.e.f 2015-16 II B.A. - SEMESTER -IV PAPER - 4 MACRO ECONOMICS - II Time: 3. hr max. marks 75 Section A (5 X 5 = 25 Marks) Answer any 5 of the following: 1. 2. 3. 4. 5. 6. 7. 8. Prosperity International Trade Absolute advantage Credit creation by Commercial Banks Secondary Market General Insurance Human Development Index Exchange rate policy Section B (5X10= 50 Marks) Answer the following 9. a. What is a trade cycle? What are its features OR b. What are the causes of inflation? What are its effects 10. a. Briefly explain the importance of International Trade OR b. Critically examine the Hecksher, Ohlin theory of trade 11. a What are the functions of commercial banks? OR b. What are the functions of Reserve Bank of India? 12. a. Define Stock Market and explain its functions OR b. Write a note on Life Insurance 13. a. What is Economic Growth? Explain how to measure it OR b. Write an essay on fiscal policy ANDHRA UNIVERSITY B.A. ECONOMICS (CBCS) w.e.f 2015-16 III B.A. - SEMESTER -V PAPER - 5 INDIAN ECONOMY - I Time: 3. hr max. marks 75 Section A (5 X 5 = 25 Marks) Answer any 5 of the following: 1. 2. 3. 4. 5. 6. 7. 8. Adam Smith's growth theory Labour intensive technique Population dividend Types of unemployment Inclusive growth Sex ratio in India Privatization Unbalanced growth Section B (5X10= 50 Marks) Answer the following 9. a. Critically examine the Ricardian theory of growth OR b. Briefly state the Harrod and Domar Model 10. a. Write an essay on sustainable development OR b. What is balanced growth? What are its merits and demerits? 11. a What are the basis features of Indian Economy? OR b. Write a note on the important demographic features of India 12. a. Explain the composition and trends in India's National Income OR b. What is poverty? Mention the measures taken by the Government 13. a. Write a note on economic reforms in India OR b. Briefly explain the foreign trade policy of India ANDHRA UNIVERSITY B.A. ECONOMICS (CBCS) w.e.f 2015-16 III B.A. - SEMESTER -V PAPER - 6(A) PUBLIC FINANCE Time: 3. hr max. marks 75 Section A (5 X 5 = 25 Marks) Answer any 5 of the following: 1. 2. 3. 4. 5. 6. 7. 8. Public Finance Deficit Budget Taxes Adam Smith's Canons of taxation VAT Peacock - Wiseman Hypothesis Repudiation Wagner's Law Section B (5X10= 50 Marks) Answer the following 9. a. Define Public Finance and explain its scope OR b. Briefly explain the principle of maximum social advantage 10. a. What is Budget? What are its components? OR b. Write a note on Indian Union budget 11. a What are different sources of public revenue? OR b. What are the modern Canons of taxation? 12. a. Explain various classification of public expenditure OR b. What are the principles of public expenditure? 13. a. What is public debt? Explain its classification? OR b. What are the methods of debt redemption? ANDHRA UNIVERSITY B.A. ECONOMICS (CBCS) w.e.f 2015-16 III B.A. - SEMESTER -V PAPER - 6(B) ECONOMIC HISTORY OF INDIA-1857 TO1947 Time: 3. hr max. marks 75 Section A (5 X 5 = 25 Marks) Answer any 5 of the following: 1. 2. 3. 4. 5. 6. 7. 8. Colonial India National income of India Agrarian structure Agricultural markets Famines in India Constraints to industrial growth Drain of wealth International trade Section B (5X10= 50 Marks) Answer the following 9. a. Briefly explain the background of Colonial Indian Economy OR b. Write an overview of the British Indian Economy 10. a. Write an essay the National Income of India during the preIndependence OR b. Explain the occupational structure during the Colonial Rule 11. a Explain the Agrarian structure and land relations OR b. State the relationship between Agriculture and Industry 12. a. Write the evolution of Industrial Structure in India OR b. What was the nature of industrialization in the interwar period 13. a. What were the imperial priorities of the Indian Economy OR b. Write a note on the Government and fiscal policy ANDHRA UNIVERSITY B.A. ECONOMICS (CBCS) w.e.f 2015-16 III B.A. - SEMESTER -V PAPER - 6(C) ENVIRONMENTAL ECONOMICS Time: 3. hr max. marks 75 Section A (5 X 5 = 25 Marks) Answer any 5 of the following: 1. 2. 3. 4. 5. 6. 7. 8. Pareto optimality Property rights and environment Effluent fees Environmental Problems Pigouvian taxes Air pollution Prevention of water pollution Environmental valuation Section B (5X10= 50 Marks) Answer the following 9. a. Briefly explain the environmental issues OR b. What are externalities? 10. a. Review the implementation of environmental policies in India OR b. Write a note on Economics of climate change 11. a Explain the cost benefit analysis of the environmental issues OR b. Write an essay on the regulation of environmental problems 12. a. What is sustainable development? OR b. Explain sustainable development perspectives from Indian experience 13. a. Explain the prevention of Air Pollution policies in India OR b. What are the environmental policies in India to prevent water pollution ANDHRA UNIVERSITY B.A. ECONOMICS (CBCS) w.e.f 2015-16 Time: 3. hr III B.A. - SEMESTER -V PAPER - 6(D) QUANTATIVE TECHNIQUES max. marks 75 Section A (5 X 5 = 25 Marks) Answer any 5 of the following: 1. 2. 3. 4. 5. 6. 7. 8. Section B (5X10= 50 Marks) Answer the following 9. a. OR b. 10. a. OR b. 11. a OR b. 12. a. OR b. 13. a. OR b. ANDHRA UNIVERSITY B.A. ECONOMICS (CBCS) w.e.f 2015-16 III B.A. - SEMESTER -VI PAPER - 7 INDIAN ECONOMY - II Time: 3. hr max. marks 75 Section A (5 X 5 = 25 Marks) Answer any 5 of the following: 1. 2. 3. 4. 5. 6. 7. 8. Micro Finance Land reforms Industrial Policy 1956 Foreign Exchange Management Act Objectives of Five Year Plans Special Economic Zones Self help groups MSMEs Section B (5X10= 50 Marks) Answer the following 9. a. Explain the importance of Agriculture India OR b. What are the sources of Rural Credit? 10. a. Write an essay on the structure of Growth of Indian Industry OR b. State the Industrial policy of 1991 11. a Write an essay on the Services sector in India OR b. Review the disinvestment in India 12. a. Review the performance of five year plans in India OR b. Explain the XII five year in plan in India 13. a. Briefly explain the structure of AP Economy OR b. Explain the sectoral contribution of GSDP in AP ANDHRA UNIVERSITY B.A. ECONOMICS (CBCS) w.e.f 2015-16 Time: 3. hr III B.A. - SEMESTER -VI PAPER - 8(A) INTERNATIONAL TRADE max. marks 75 Section A (5 X 5 = 25 Marks) Answer any 5 of the following: 1. 2. 3. 4. 5. 6. 7. 8. Meaning of International Trade Theory of absolute advantage Terms of Trade Tariffs Exim policy IMF Optimum tariff Out-sourcing Section B (5X10= 50 Marks) Answer the following 9. a. State the importance of International Trade OR b. Distinguish between Inter regional and International Trade 10. a. Explain the theory of comparative costs OR b. Critically examine the Hecksher-Ohlin theory 11. a Explain the relationship between International Trade and Economic Growth OR b. Write an essay on the terms of trade 12. a. What are different types of tariff? OR b. What is balance of payments? What are the causes for disequilibrium in balance of payments? 13. a. Write an essay on the composition and direction of India's Foreign Trade OR b. Write a note on the changing role of WTO ANDHRA UNIVERSITY B.A. ECONOMICS (CBCS) w.e.f 2015-16 III B.A. - SEMESTER -VI PAPER - 8(B) FINANCIAL MARKETS Time: 3. hr max. marks 75 Section A (5 X 5 = 25 Marks) Answer any 5 of the following: 1. 2. 3. 4. 5. 6. 7. 8. Call Money Market Securities SEBI IRDA Exchange rate International Development Authority Asian Development Bank Treasury Bill Market Section B (5X10= 50 Marks) Answer the following 9. a. Explain the role and structure of Money Market in India OR b. Explain the relationship between National and International Market 10. a. Explain the Government Securities Market OR b. Write an essay on the primary and secondary market for securities 11. a What are different types of Non-Banking financial Institutions OR b. Explain the role of SEBI and IRDA in regulating NBFIs 12. a. Write an essay on the International Finacial System OR b. Review the working of the floating exchange rates since 1973 13. a. Explain the reforms in International Monetary System OR b. What are the benefits received by the developing countries from the International Monetary System ANDHRA UNIVERSITY B.A. ECONOMICS (CBCS) w.e.f 2015-16 III B.A. - SEMESTER -VI PAPER - 8(C) ECONOMICS OF EDUCATION AND HEALTH Time: 3. hr max. marks 75 Section A (5 X 5 = 25 Marks) Answer any 5 of the following: 1. 2. 3. 4. 5. 6. 7. 8. Human Capital Social Costs of Education Labour market Mal-nutrition Health care Physical Capital Benefits of Education Section B (5X10= 50 Marks) Answer the following 9. a. Explain how education is an instrument for economic development OR b. What are the determinants for the demand for education 10. a. Explain the private costs and social costs involved in the process of education OR b. What are the benefits derived by the society from education? 11. a Explain the effects of Educational Financing on Income distribution OR b. What are the effects of education 12. a. What are the health dimensions of development OR b. Explain the economic dimensions of health care 13. a. Explain the relationship between the financing of health care and resource constraints OR b. What are the health status indicators ? ANDHRA UNIVERSITY B.A. ECONOMICS (CBCS) w.e.f 2015-16 III B.A. - SEMESTER -VI PAPER - 8 (D) DATA ANALYSIS AND STATISTICAL PACKAGES Time: 3. hr max. marks 75 Section A (5 X 5 = 25 Marks) Answer any 5 of the following: 1. 2. 3. 4. 5. 6. 7. 8. Section B (5X10= 50 Marks) Answer the following 9. a. OR b. 10. a. OR b. 11. a OR b. 12. a. OR b. 13. a. OR b. ANDHRA UNIVERSITY B.A. ECONOMICS (CBCS) w.e.f 2015-16 Time: 3. hr III B.A. - SEMESTER -VI PAPER - 8 (E) RESEARCH METHODOLOGY max. marks 75 Section A (5 X 5 = 25 Marks) Answer any 5 of the following: 1. 2. 3. 4. 5. 6. 7. 8. Section B (5X10= 50 Marks) Answer the following 9. a. OR b. 10. a. OR b. 11. a OR b. 12. a. OR b. 13. a. OR b.