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HEMCHAND YADAV VISHWAVIDYALAYA,, DURG (C.G.), Website - www.durguniversity.ac.in, Email - [email protected], , SCHEME OF EXAMINATION, &, SYLLABUS, , of, M.A.(Economics) Semester Exam, UNDER, , FACULTY OF SOCIAL SCIENCE, Session 2021-23, , (Approved by Board of Studies), Effective from June 2021

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HEMCHAND YADAV VISHWAVIDYALAYA, DURG (C.G.), SYLLABUS FOR UNIVERSITY TEACHING DEPARTMENT AND AFFILIATED COLLEGES IN, P.G. CLASSES, , M.A. in Economics: Semester Examination 2021-23, At post graduate level, candidates are required to study 15 papers in First, Second and Third semester (5, papers in each semester) and 04 papers in fourth semester examination. This is to be treated as the, nineteen papers of the course structure. So there shall be 19 papers in the post graduate examination in, Economics. Viva - voce examination be treated as a compulsory paper for M.A. fourth semester, examination. Each paper shall carry 100 marks out of which 80 marks will be for theory paper and 20, marks for internal assessment. There shall be 2000 marks in M.A. Candidates shall have secure 36, percent marks in aggregate of all papers in order to pass the M.A. Examination. Examination and result, shall be treated according to rules and regulations of ordinance no. 13., M.A. SEMESTER-I and SEMESTER-II, PAPER, , SEMESTER-I, , Marks, Theory, Internal, Assessment, , PAPER-I, PAPER-II, , Micro Economics-I, Macro Economics-I, , 80, 80, , 20, 20, , PAPER- III, , Statistical and, Quantitative Methods, , 80, , 20, , PAPER- IV, , Indian Economy, , 80, , 20, , PAPER- V, , Industrial, Economics, , 80, , 20, , SEMESTERII, , Micro EconomicsII, Macro, Economics-II, Research Methods, & Computer, Application, Indian Economic, Policy, Labour, Economics, , Marks, Theory, , Internal, Assessment, , 80, 80, , 20, 20, , 80, , 20, , 80, , 20, , 80, , 20, , M.A. SEMESTER-III and SEMESTER-IV, PAPER, , SEMESTER-III, Theory, , PAPER-I, , Economics, Growth, , PAPER-II, , International, Trade, Public Finance, , 80, , 20, , 80, , 20, , PAPER-IV, , Environmental, Economics, , 80, , 20, , PAPER-V, , Demography, , 80, , 20, , PAPER-III, , of, , 80, , Mark, s Internal, Assessment, 20, , SEMESTER-IV, , Economics of, Development &, Planning, International, Economics, Public Economics, , Marks, Theory, Internal, Assessment, 80, 20, , 80, , 20, , 80, , 20, , Economics of Social, Sector, , 80, , 20, , Viva-Voce, , 100, , --

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SEMESTER – I, Micro Economics -1, Paper - I, Unit-I, , Introduction: - Concept of Equilibrium, Economic Models, Neo Classical, Demand Anal ysis. El asticity of Demand (Price, Income & Cross), Elasticity, of suppl y., , Unit- II, , Indifference cur ve, Marginal Rate of Substitution. Income & substitution, effect, Hicks and Sl u tsky theorem, Re vealed preference theory. Hicks’ s, Revision of Demand, Hic ksian Consumer surplus., , Unit – III Theory of Pro duction – Production function, T he short period & long period, production function, the law of variabl e proportion (isoquant approach) ,, Marginal rate of Technical Substitutions, Returns to a factor an d returns t o, scale. Expansion path, Cobb -Douglas Production function, CES production, function., Unit- IV Theory of cost and Revenue anal ysis, Perfect Competition - equilibrium of, firm in Perfect Competition. Monopol y - short run and long run equilibriums,, price discrimination under monopol y competition, monopol y control and, regulation. Comparison between monopol y and perfect competition., Unit – V Monopolistic Competition – price and output deter mination under monopolistic, competition, Group equilibrium, theor y of excess capacit y. Oli gopol y – noncollusive oli gopol y model: The kinked demand cur ve. The collusi ve oli gopol y –, Cartels: j oint profit maxi mi zation or perfect cartels , price leadership : the low, cost price leadershi p model., , Text Books, 1. Jhingan M. L. (2014), Advanced Economic Theory, Vrinda Publication, New Delhi, 2. Jhingan M. L. (2014), Micro Economics , Vrinda Publication, New Delhi, 3. Agarwal , A (2014), Micro Economic analysis , Sahitya Bhawan Publication, New Delhi, Reference Books, , 1. Kraps, David M. (1990) A course in micro economics theory -Princeton university press, Princeton., 2. Koutsayiannis; A (1979) modern Micro economics (2nd Edition), Macmillan press,London., 3. Layard, PRG and P.W. Watters (1978), Micro economic theory, McGraw Hill, New York., 4. San A (1999) Micro economics theory and Applications, Oxford University Press, New Delhi;, 5. Stigler, G. (1996) Theory of Price (4th edition), Princeton Hall of India, New Delhi., 6. Varian, H (2000) Micro economics Analysis, W.W. Norten, New York., 7. Baumol W.J., (1982) Economic theory and operations Analysis, Princeton Hall of lndia, New Delhi., 8. Handersan, J.M. and R.E. Quandy (1980) Micro economics theory - A Mathematical approach, Mc, Graw Hill New Delhi., 9. Hirshleifer, J. And A Glazer (1997), Price theory and Application, Prentise Hall of India, New Delhi.

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SEMESTER – I, MACRO ECONOMICS -1, Paper – II, Unit – I, , National Income and Accounts – Concept of National Income and National, Product,, Problems of Measurement, Dif ferent forms of Nati onal Income, Accounting – Social Accounting, Input Out -put Accounting, Flow of Funds,, Balance of Payment – Accounting. Circular flow of Income – Two, Three and, Four Sector Economy, , Unit – II, , Classical Theory of Employment, Say’s Law of Market , Principle of Effective, Demand, Keynesian & Pi gou Theor y of Employment, Comparison of Classical, and Keynesian Model s. National Income Determination of Keynesian Model Two, Three and Four Sector Economy., , Unit- III, , Consumption Function - Keynesian Psychological Law of Consumption,, Short Run & long run Consumption Function. Theory of Consumption Function –, Absolute Income Hypothesis, Duesanber y ’s Relative Hypothesis, Life Cycle and, Per manent Income Hypothesis., , Unit –IV, , Invest ment Function - Marginal Efficiency of Capital and Investment., Saving and Invest ment Equalit y, Multiplier and its wor king, Accelerator, and its wor king, Super - Multiplier. Supply of Money, Deter mi nants of, Money Suppl y, Measurement of Money supply , Control of Money Suppl y., Hi gh Powered Money, Money Multiplier., , Unit – V Demand for Money –Fisher and Cash Balance (Cambridge) Approach,, Fundamental Equation of Keynes. Friedman’ s re -for mulation of the, quantity theor y of money., Post Keynesian Appr oach to Demand for Money - Patinkin, Ba umol’s, James, Tobin, Friedman, and Gurley & Shaw’ s Appr oaches., Text books, 1, 2, 3, 4, , Sethi,T.T.(2008) Macro Economics, Laxminarayan Agrawal ,Agra., Jhingan,M.L.(2010) Monetary Economics,Vrinda publications pvt.ltd., Jhingan,M.L.(2000) Macro Economic theory,Vrinda publications pvt.ltd., Shinghai G.C &Mishra J.P.(2013) Macroeconomic Analysis, Sahitya bhawan publication Agra.

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SEMESTER-I, Statistical and Quantitative Methods, Paper III, UNIT I - Skewness - Symmetrical and a symmetrical distribution, Measurement of Skewness Karl Perason Bowley. Si mple Correlation - Measurement of Correlation, Karl, Pearson’s Coefficient of Correlation & Spear men’s rank correlation. Coefficient of, correlation by the method of least square. Proba ble Error & Standard Error in, correlation, Coefficient of deter mination of correlation., UNIT II - Regression Anal ysis, Regression and Correlation, regr ession lines & regression, coefficient, regression equations, Si mple regression anal ysis, multiple regression, analysis ( Up to three variables onl y), Standard Error of the esti mates of si mple, regression anal ysis., Interpolation and Ext rapolation - Method of Fitting a Parabolic Cur ve, Newton’ s, Advancing Difference Method, Direct Binomial Expansion Method and Lagr ange’s, Method., UNIT-III - Association of Attributes - Meani ng and t ypes of association, Consistency of data,, Methods of deter mining association, Methods of Comparison Proportion, Coefficient of Association using Yule’s method., Probability theor y - Meaning and definition, Per mutation and Combination, Types, of events, Measurement of Probability, Addition and Multiplication theorem,, Conditional Probability., UNIT IV - Index Number_ Construction of Index numbers, simple and wei ghed Index, numbers, Fisher’s Ideal Index number, Reversibility Test, Time Reversibility &, Factor Reversibility, Chain Index No., UNIT V - Ti me Seri es Anal ysis - Components of Time Series, Measurement of long-term, Trend, Short period oscillation, semi -aver age method, moving average method,, Graphical Presentation., Reference, , 1., 2., 3., 4., , Shukla, S.M. and S.P. Sahay – Quantitative method’s Sahitya Bhawan Publications, Agra., Agrawal, D.R., ‘Quantitative methods. Vrinda Publications (P) Ltd., Sancheti, D.C., ‘Quantitative methods’ Sultanchand and Sons, New Delhi., Gupta, S.P. and others, “Quantitative Techniques.” Sultanchand and Sons, New Delhi.

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SEMESTER- I, INDIAN ECONOMY, Paper –IV, Unit – I, , Indian Economy: Meaning, basic characteristics and maj or issues of, development of Indi an Economy, GDP and National Income of India –, Components and Structure of GDP, Role of Pri mar y, Secondar y and Tertiary, Sectors in GDP, National Income and Per Capita Income, Growt h Rates of, GDP and Per Capita Income., , Unit – II, , Demographic Features of India – Si ze, Growth Rate, Sex Ratio, Age Composition, Literacy and Density of Population, Mi gration, Rural -Urban, Migration, Ur bani zation and Ci vic Amenities, Occupational Structure,, National Populat ion Policy, Demographic Features of Chhattisgarh State., , Unit – III, , Agricultural Development in Indian Economy – Agricultural Growth and, Productivit y, Causes, of Low Producti vity and Measures to Increase it,, Agricultural Marketi ng and Warehousing, Institu tional Structure - Land, Refor ms in India, The Green Revolution, National Agricultural Policy and, Food Securit y in India, Rural credit in Indi a, NABARD and its r ole in rural, credit., , Unit – IV, , Industrial Development in India, Industrial Policies of 1956 and 1 991, Public, Sector Enterprises and their Perfor mance, Privati zation and Disinvest ment,, Small Scale Sector and Minor Medium Ent erprises, Unor gani zed Sector and, Infor malisation of the Indian Economy and K nowledge Economy., , Unit – V, , Infrastructure - Infrastructure and Economi c Development, Ener gy, Power,, Transportation - Road, Railway, Water and Civil Aviation in India, Private, Invest ment in Infrastructure: Outlook and Prospect, Concept of Social Sector, and Social Infrastructure, Education, Health and Famil y We lfare., , Reference:1, 2, 3, 4, 5, 6, , Ahulwalia, I. J. and I. M. E. Litle (Eds.) 1999): India’s Economic Reforms and Development (Essays, for Manmohan Singh), Oxford University Press, New Delhi, Bardhan, P. K. (9th Edition) (1998): The Political Economy of Development in India, Oxford, University Press, New Delhi., Bawa, R.S. and Raikhy (Ed.) (1997): Structural Change in Indian Economy, Guru Nanak Dev, University Press. Amritsar (PB)., Brahmananda, P. R. and V. R. Panchmukhi (9th Eds.) (2001): Development Experience in the Indian, Economy: Interstate Perspectives, Bookwell, Delhi., Chakravarty, S. (1987): Development Planning: The Indian Experience, Oxford University Press,, New Delhi., Dantwala, M. L. (1996): Dilemmas of Growth: the Indian Experience, Sage Publication, New Delhi.

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SEMESTER- I, INDUSTRIAL ECONOMICS, Paper –V, Unit – I, , Concept and Or gani zation of a Fir m -Ownership, Control and Obj ectives of the, Fir m.Rationale of Industrialization: Agr iculture and Industr ialization –, patterns, process, speed, Imp lications of Industrialization. Theories of, Industrial location, Alfred Webe r and Sergeant Florence Theory. Factor s, Affecting Industrial Localization., , Unit – II, , Industrial Producti vit y, Efficiency and Capacity. Industrial Policy in India,, Role of Public and Private Sector indust ries in India. Recent Trends in, Industrial Growth. Str ategies for Industrial Growth, Regional Development of, Industries., , Unit – III, , Owned, External and Other Components of Funds, Nature,, Volume and Types of Institutional Finance – IDBI, IFCI, SFCs,, SIDC, Commercial Bank., , Unit –IV, , Structure of Industrial Labour, Employment Di mensions of Indian, Industr y. Industrial Legislation, Industrial Relations, Exit policy and, Social Securit y., , Unit – V, , Large scale industries: - Iron and Steel, Cement , Jute, Sugar , Paper industry ., Development of Small -Scale and Cottage Industries in, India., , Text books, 1. Ahluwalia, I.J. (1985): Industrial Growth in India, Oxford University Press, New Delhi., 2. Barthwal, R.R. (1985): Industrial Economics, Wiley Eastern Ltd., New Delhi., 3. Chernilam, F (1994): Industrial Economics : Indian Perspective (3rd Edition), Himalaya, Publishing House, Mumbai., 4. Desai, B. (1999): Industrial Economic in India (3rd Edition), Himalaya Publishing house, Mumbai., 5. Kuchhal .S.C.: The industrial economy of India , Chaitanya publishing house., Reference, 1. Divine, P.J. and R.M. Jones et. At. (1976): An Introduction to industrial economics, George, Allen and Unwin Ltd., London., 2. Government of India, Economic Survey (Annual), 3. Hay, D. and D.J. Morries (1979): Industrial Economics : Theory and Evidence, Oxford, University Press, New Delhi., 4. Kuchhal, S.C. (1980) : Industrial Economy of India (th Edition), Chaitanya Publishing House, Allahabad., 5. Reserve Bank of India Report on Currency and Finance (Annual)., 6. Singh, A. and A. Sadhu (1988): Industrial Economics, Himalaya Publishing House

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SEMESTER- II, MICRO ECONOMICS-II, Paper –I, Unit – I, , Full Cost Pricing Theory – Hall & Hitch, Sales maxi mi zation model:, Baumol’s model (price -output deter mination of a product without, advertisement and opt imal advertising outlay), Managerial theories, of the fir m: Williamson ’s model of manageri al discretion . Theor y of, limit pricing: Bains model., , Unit- II, , Theory of distribution: M arginal producti vit y theor y of distribution, (Marshall– Hicks version), Product Exhaustion theorem. NEO Classical Approach of Distribution: relative share of labor and, capital, technological progres s and factor shares in income,, deter minants of rent, wages, i nterest and profit (Only modern, Theory)., , Unit- III, , Linear Programming and Game Theor y (Geographical and Si mplex, methods)., , Unit – IV, , Concept of Equilibrium: Static and D ynami c equilibrium, Partial and, General Equilibrium. Walrasian Excess Demand ., , Unit – V, , Welfare Economics – Introduction, V al ue j udgment, Classical, Welfare Economi cs - Pigovian welfare economics, Pareto opti mal, conditions. New welfare economics: C ompensation principle of, Kaldor - Hicks. Social welfar e function: Ber gson – Samuelson social, welfare function, Arrow ’s i mpossibilit y theorem., , Text Books, 1. Jhingan M. L. (2014): Advanced Economic Theory, Vrinda Publication, New Delhi, 2. Jhingan M. L. (2014): Micro Economics , Vrinda Publication, New Delhi, 3. Agarwal , A (2014): Micro Economic Analysis , Sahitya Bhawan Publication, New Delhi, Reference Books, 1., Mansfield, E. (1997): Micro Economics (9th Edition), W.W. Norton and Company, New Delhi., 2., Ray, N.C. (1975): An Introduction to Micro Economics, Macmillan Co. of India Ltd., Delhi., 3., Ryan, W.J.L. (1962): Price Theory, Macmillan and Co. Limited, London., 4., Samuelson, P.A. and W.D. Nordhaus (1998): Economics, Tata McGraw Hill, New Delhi., 5., Stonier, A.W. and D.C. Hague (1972): A Textbook of Economic Theory, ELBS and Longman, Group, London.

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SEMESTER- II, MACRO ECONOMICS, Paper –II, Unit – I, , Theory of Inflation – Classical, Keynesi an and Monetarist Approaches to, Inflation, Semi And Full inflation, Theory of Structural Inflation, Stagflation,, Control of Inflation., Philips Cur ve Anal ysis – Short Run and Long Run Philip’s Curve . The, Natural Rate of Unemployment Hypothesis, Tobin ’s Modified Philip, Cur ve., , Unit – II, , Business Cycles - Mai n Features of Business Cycles, T ypes of Business Cycle,, measures to control busines s cycle. Theories of Business Cycles: - Hawtrey’s, Monetary Theor y of Trade Cycle, Schumpet er ’s, Keynes, Hicks, Samuelson ’s,, Friedman, Kaldor Model of Trade Cycle., , Unit – III, , Monetary Policy-Meaning of Monetary Policy, Instrument of Monetar y, Policy, Obj ective of Monetary policy, Limitations of Monetar y Policy,, Monetary Policy and Economic Development. Fiscal Policy – Meaning of, Fiscal Policy, Instruments of Fiscal Policy, Obj ectives of Fi scal Policy,, Fiscal Policy and Economic Growth, Effectiveness of Fiscal Policy,, Monetarism Vs Fiscalism – The Debate, Si milarities bet ween Monetar y, Policies and Fiscal Policies., , Unit – IV, , IS-LM Model, The Product Market Equilibrium, The Money Mar ket, Equilibrium, Equilibr i um of Product and Money Mar ket, Merits and, Demerits of IS -LM Cur ve, Extension of IS -LM Models With Flexible, Prices and Labour Mar ket., , Unit – V-, , The Rational Expect ation Hypothesis: - Adapti ve Expectati ons, Rational, Expectations. The New Classical Macro - Economics , Policy i mplications o f, New Classical Macro - Economics. Suppl y side economics: - main features,, policy prescriptions., , Text books, 1. Sethi,T.T.(2009-10): Macro economics ,Laxminarayan Agrawal ,Agra., 2.Jhingan,M.L.(2008): Monetary Economics,vrinda publications pvt.ltd., 3. Jhingan,M.L.(2010): Macroeconomic theory,vrinda publications pvt ltd., 4. Shinghai G.C. & Mishra J.P. (2013): Macro Economic Analysis, Sahitya Bhawan Publication Agra., , Reference, 1., 2., 3., 4., 5., 6., 7., 8., 9., , Blackhouse, R. and A. Salansi (Eds.) (20()), Macroeconomics and the Real World (2 vols) Exford, University Press, London., Branson, W.A. (1989), Macroeconomics Theory and Policy, (3rd Edition), Harper and Row, New, York., Aornbusch, R and F. Stanley (1997), Macroeconomics, McGraw Hill, inc., New York, Hall, R.E. and J.B. Taylor (1986), Macroeconomics, W.W>Norton, New York., Heijdra, B.J. and V.P. Frederick (2001), Foundations of Modern Macroeconomics, Oxford University, Press, New Delhi., Jha, R. (1991), Contemporary Macroeconomic Theory and Policy, Wiley Eastern Ltd. New Delhi., Romer, DL. (1996), Advanced macroeconomics, McGraw Hill Company Ltd., New York., Scarte, B.L. (1997), Cycles, Growth and inflation, McGraw Hill, New York., Markeley, G. (1978), Macroeconomics Theory and Policy, macmillan, New York.

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SEMESTER- II, INDIAN ECONOMIC POLICY, Paper – IV, Unit – I, , Planning in India – Obj ectives and Strategies of Planning, Twelft h Fi ve Year, Plan, Development Strategy, LPG Model of Development, PURA - A Neo, Gandhian Appr oach t o Development, Developing Gross –root Or gani zation:, Panchayats, NGO’s., , Unit – II, , Problem of Povert y and Inequalit y – The Concept of Povert y, Measurement, and Esti mation of Povert y in India, International Comparison of Povert y and, Inequalit y of Incomes, Poverty Eradication Programmes, Causes of Failure to, Remove Povert y., Problem of Unemployment in India - Nat ure of Unemployment, Various, Schemes to Reduce the Unemployment, Balanced Regional Development Indicators, Causes, Changing Scenario and Policy Measures to remove, Regional Disparit y., , Unit – III, , Indian Finance System – An over view, Functions of the Reserve Bank of, India, Commercial Banking system, Progress of Banking since 1969, RRBs,, DFIs and NBFCs, Financial Sector Refor ms i n India, Stock Exchange in India,, Composition of Indian Capital Mar ket, SEBI an d Capital mar ket refor m., , Unit – IV, , Foreign Trade of India - Importance of Foreign Trade for a developing, Economy, Forei gn Trade since 1991, Structure and Direction of Forei gn, Trade, Balance of Payments of India, Issues in Export Import Policies,, External value of the Rupee and Forei gn Exchange Reser ves, FEMA, SEZs,, Trade Refor ms in Indi a., , Unit – V, , WTO and its Impact on the Different Sector of Economy, Economi c Refor ms –, Rational of Internal and External Refor ms, Cooperati ve movement in India Or gani zation, Structur e and Development of different types of Cooperatives, in India., , Reference:1. Ahulwalia, I. J. and I. M. E. Litle (Eds.) 1999): India’s Economic Reforms and Development, , (Essays for Manmohan Singh), Oxford University Press, New Delhi,., , 2. Bardhan, P. K. (9th Edition) (1998): The Political Economy of Development India, Oxford, , 3., 4., 5., 6., , University, Press, New Delhi., Bawa, R.S. and Raikhy (Ed.) (1997): Structural Change in Indian Economy, Guru Nanak Dev, University Press. Amritsar (PB)., Brahmananda, P. R. and V. R. Panchmukhi (9th Eds.) (2001): Development Experience in the, Indian Economy : Interstate Perspectives, Bookwell, Delhi., Chakravarty, S. (1987): Development Planning: The Indian Experience, Oxford University, Press, New Delhi., Dantwala, M. L. (1996): Dilemmas of Growth: the Indian Experience, Sage Publication, New, Delhi.

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SEMESTER – III, ECONOMICS OF GROWTH, PAPER – I, Unit- I, , Economic Growth: Economic Growth and Development, Measur ement of, Economic Growth, Vicious Circle of pover ty, Physical Quality of Life, Index. Human development Index, Gender Development index, Gender, empower ment measure, UNDP’s Human Development Report 2015., , Unit-II, , The Concept of Capital Output Ratio, Input -Output Anal ysis, Proj ect, Evaluation and its met hods and Cost –Benefit analysis , Shadow Prices., , Unit-III, , Theories of Gr owth: - Harrod -D omar model ,Joan Robinson model,, Mead’s Neo -Classical Model, Solow Long - Run, Kaldor model of, Distribution., , Unit- IV Approaches to Growth: - Kaldor model of Gr owth, The Pesinetti Model of, Profit and Growth, The Models of Technical Change, The Golden rule of, Accumulation model., Unit- V, , Steady State Growth, Growth Accounting, The Friedman Model, The, Mahalanobis Four Sector Model., , Text Books, 1. Jhingan,M.L.(2008)31ST edition,: The economics of development and planning, Vrinda, publication pvt.Ltd., 2. Shinghai G.C. & Mishra J.P.(2013): Macroeconomic Analysis, Sahitya bhawan publication, Agra., 3. Mishra, J.P.(2012): Economics of Growth and development, Sahitya bhawan publication Agra., , Reference Books, 1. Hajela P.D. (1998): Labour Restructuring in India: A Critique of the New Economic Policies,, Commonwealth Publishers, New Delhi., 2. Jhabvala, R. and R.K. Subrahmanya (Eds.) (2000): The Un-organised Sector : Work Security and, Social Protection. Sage Publication, New Delhi., 3. Lester, R.A. (1964): Economics of Labour (2nd Edition), Macmilan, New York., 4. McConnell, C.R. and S.L. Brue (1986): Contemporary Labour Economics, McGraw-Hill New, York., 5. Papola, T.S.,P.P. Ghosh and A.N. Sharma (Eds.1993): Labour, Employment and Industrial, Relations in India, B.R. Publishing Corporation, New Delhi., 6. Rosenberh M.R. (1998): Labour Markets in Low income Countries in Chenery, H.B. and, T.N. Srinivasan, (Eds.) The Handbook of Development Economics, North-Holland, New, York., 7. Venkata Ratnam, C.S. (2001): Globlization and Labour- Management Relations Dynamics of, change, Sage publications/ Response Books, New Delhi.

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SEMESTER- III, INTERNATIONAL TRADE, Paper – II, Unit – I, , Theory of International Trade – Meaning and Distinguishing Features of, Inter -regi onal and International Trade, The Comparative Cost Theory,, Refinements of the Comparati ve Cost Theory, Opportunit y Cost Theory,, Theory of Reciprocal Demand ., , Unit – II, , Modern Theor y of Int ernational Trade, Fact or Price Equali zation, Theorem of, International Trade, St opler Samuelson and Rybezynski Theorems., The Terms of Trade – Concepts, Deter mination of Ter ms of Trade, Factors, affecting Terms of Trade, Terms of Trade & Economic Development, Its, Empirical Relevance and Policy Implications for Less Developed Countries,, Terms of Trade & Wel fare Implications., , Unit – III, , The Theory of Intervention– Tariffs, Quotas, and Non-tariff Barriers,, Economic Effects of Tariff and Quotas on National Income, Output,, Consumption, Price, Employment, Ter ms of Trade & Income Distribution, The, Stopler – Samuelson Theorem of Tariff on Income Distribution, The Learner ’s, Paradox., , Unit – IV, , Balance of Payments – Meaning and components, Eq ui librium and, Disequilibrium in t he BOP, Measures to Correct the Adverse BO P,, Adj ustment Mechanisms of BOP, Devaluation - The ‘J’ curve effect, Marshall Lerner’s Conditions under Devaluation, Expenditure Reducing and, Expenditure Switching Policies and Direc t Control., , Unit – V, , Income Adj ust me nt - Forei gn Trade Mul tiplier, Foreign Repercussion or, Back-Wash Effect, Foreign Exchange Rate - Spot and Forward Ex change, Rates, Fixed and Flexible Exchange Rates - t heir Merits and Demer its, Hybrid, Exchange Rate, Floati ng Rate of Exchange, Managed Floating System., , Reference:1., 2., 3., 4., 5., 6., 7., 8., , Bhagwati, J. (Ed). (1981): International Trade, Selected readings, Cambridge, University Press,, Massachusetts., Carbough, R.J. (1999): International Economics, International Thompson Publishing, New York., Chacholiades, M. (1990): International Trade: Theory and Policy, McGraw Hill, Kogakusha,, Japan., Dana, D. S. (2000): International Economics: Study Guide and Work Book, (5th Edition),, Routledge Publishers, London., Dunn, R. M., and J. H. Mutti (2000): International Economics, Routledge, London., Kenen, P.B. (1994): The International Economy, Cambridge University Press, London., Kindleberger, C. P. (1973): International Economics and International Economic Policy A Ready,, McGraw Hill International, Singapore., Krugman, P. R. and M. Obstfeld (1994): International Economics : Theory and Policy, Glenview,, Foresman.

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SEMESTER- III, PUBLIC FINANCE, Paper – III, Unit – I, , Unit – II, , Unit – III, , Unit – IV, Unit – V, , Definition, Nature and scope of Public Finance, Role of Public Finance in, developing Countries, Principles of Maxi mum Social Advantages. Taxation –, features of a good tax system, Obj ectives of Taxation, Principles of Taxation,, canons of Taxation, Shifting, Effects and Incidence of Taxation. Impact of, Tax under Laws of Ret urns and Perfect Competition., Public Expenditure: - Meaning and Scope, Different For ms of Expenditure,, Canons of Public expenditure, Structure and Growth of Pu blic Expenditure, in India. Trends in Central Government Expenditure. Economic Effects of, Public Expenditure on Production and Distribution. Public Expenditure and, Economic Growth., Public Revenue: - Meaning, classification, sources, principles an d effects of, public revenue. Classification of taxation: - Indirect & Direct Tax, Goods and, service tax GST) New Direct tax, Central Excise, Custom Duties, Taxes on, Land and Agric ulture, Value Added Tax, Modvat , Ser vice Tax. Taxable, Capacity., Public Debt – Meaning and Obj ectives of public debt, Different Sources of, Public Debt, Redemption of Public Debt. Principle of Public Debt, Management, Growth of Public Debt in Indi a, Burden of Public Debt., Budget– Meaning, Obj ectives , Different for ms of Budget, Budget ary Pr ocess, in India, Kinds of Budget– traditional Budget, Perfor mance Budget, Zero, Based Budget , Out -come Budget, Gender Budget. Budget Theor y – Classical, Viewpoint (Balance Budget), Modern View Point ( Imbalanced Budget.), , Text Book, 1. Lekhi, R.K.,(2014): Public Finance, Kalyani Publication Ludhiana New Delhi, 2. S.K., Sing, (2013): Principal of Public Finance Sahitya Bhavan Publication, Agra., 3. Pant, K.C., (2012): Public Finance, 4. Sinha, V.C.,(2013): Public Finance and Economic, Sahitya Bhavan Publication., Reference Books, 1. Atkinson, A.B. and J.E. Siglitz (1980): Lectures on Public Economics, Tata McGraw Hill, New, York., 2. Auerbach, A.J. and M. Feldstern (Eds.): Handbook of Public Economics, Vol. 1, North Holland,, Amsterdam., 3. Government of India (1992): Reports of the Tax Reforms Committee – Interim and Final, (Chairman : Raja J. Chelliah)., 4. Chelliah, Raja J. et. Al (1981): Trends and issues in India’s Federal Finance, NIPFP. New Delhi., 5. Peacock, A and G.K. Shaw (1976): The Economic Theory of Fiscal Policy, George Alen and, Unwin, London., 6. Sahni, B.S. (Ed.) (1972): Public Expenditure Analysis: Selected Readings, Rotherdam University, Press., 7. Musgrave, R.A. and P.B. Musgrave (1976): Public Finance in Theory and Practice, Mcgraw Hill,, Kogakusha, Tokyo., 8. 14th Finance commission Report-2015, 9. Central Govt. and Stat Govt. Budget- 2015

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SEMESTER- III, ENVIRONMENTAL ECONOMICS, Paper – IV, Unit – I The Economics of Environment - Environmental Micro Economics and Macro, Economics, The Circular Flow Model. Theory of Resources Envir onment and Economic, Development - Economic Growth and The Environment, Future of Economic Growth and, The Environment. Cr iterion of Social Welfare - Bentham Criteria, Pareto Opti malit y, Criteria, Kaldor -Hicks Compensation Criterion., Unit – II Economic T heory of Environmental Issues - The Theory of Environmental, Externalities, Accounting for Environment al Cost, Internalizing Environmental Cost,, Positive Externalities. Welfare Anal ysis of Externalities - Property Ri ghts and The, Environment. Commo n Propert y Resources and Public Goods - Common Pr opert y, Open, Excess and Propert y Rights, Mar ket Failure and Public Goods, Social choice of opti mum, pollution, Pi govian Taxes and subsidies, Maxi mization of Social Welfare Under Perfect, Competition., Unit – III Population, Agriculture and The Environment - Population and the Environment Demographic Transition and Environment, Population Growth and Economic Growt h,, Population Policy for the 21st Centur y, Agri culture, Food and Environment, Sustainable, Agriculture for the Future, Environment and Neo -Classical Modal of Natural Resources,, Ener gy and Resources., Unit – IV Ecological Economics, National Income and Environmental Accounting Ecological Economics Basic Concept, Natural Capital and Accounting for Change s in, Natural Capital, Macro Economic Scale, Model of Economic and Ecological System., National Income and Accounting - Natural Capital, System of Environment and, Economic Accounts (SEEA)., Unit – V Environmental Value and Methods - Use Value, Option Value and Non Use, Value, Cost Benefit Anal ysis, Methods of environmental valuat ion - Hedonic Pricing., Household Production Function, Travel Cost Method, Averting Behavior Approach,, Contingent Valuation Method, International Carbon Tax. Environment and W.T.O., Reference, 1. Madhu Raj – Environmental Economics., 2. Steve Baker – Environmental Economics., 3. D.W. Pearce – Environmental Economics., 4. Baurnol, W.J. and W.E. Oates. (1988): The Theory of Environmental Policy, (2nd Edition), Cambridge, University Press, Cambridge., 5. Thomas and Callan (2009): Environmental Economics., 6. Charles D. Kolasted (2005): Environmental Economics, Oxford University Press., 7. Brian Roach, Jonathan M. Harries and Anne Marie codur (2015): Microeconomics and the, environment, Global Development and Environment Institute, Tufts University, Medford., 8. Jonathan M. Harries and Anne-Marie codur (2004): Macroeconomics and the environment, Global, Development and Environment Institute, Tufts University, Medford.

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SEMESTER- III, DEMOGRAPHY, Paper – V, Unit – I, , Demography – Meaning and Importance, Theories of Population –, Theory, of Opti mum Population and Theory of Demographic Transition., Measures of Population Change and Distribution – Rate of Population Change, and Distribution, Measures of Degr ee of Concentration of Population – Lorenz, Cur ve and Gini Concentration Ratio., , Unit – II, , Migration – Kinds and Factor Affecting of Migration,, Hurdles of Migration,, Measurement of Inter nal Mi gration, Mi grati on Rates and Ratio. Urbanization Factors Influencin g Urbanization and Effect s of Urbani zation, Population and, Economic Development. Human Resource Development in India., , Unit – III, , Mortality – Meaning and Sources of Mortality Data, Causes of Hi gh, Death Rate, in India, Trends in Deat h Rate in India, Measurement of, Mortality Based on Death Statistics, Crude Death, Specific Death Rate, Infant, Mortality Rate and St andardized Death Rate, Child Mortality Rat e, Maternal, Mortality Rate, Life Table – Functions and Construction of Li fe Table., Problems Relat ed to Death Rates and Life Table., , Unit – IV, , Fertility– Meaning, Causes of Hi gh Bi rth Rate in India, Trends in, Birth Rate, in India, Measurement of Fertility and Reproduction – Crude, Birth Rate, General Fertility Rate, Age - Specific Fertility Rate, Total Fertility, Rate. Gross Reproduct ion Rate and Net Reproduction Rate. Problems Related, to Fertility and Reproduction Rates., , Unit – V, , Women Empower ment - Economic Status, Women in Decision Making, Women, and Labour Mar ket; Women Wor k Partici pation: Concept and Anal ysis of, Women’s Wor k Participation, Structure of Wages across Regions and, Economic Sectors, Det er minants of wage Differentials, Gender and Education., , Text Books, 1. Agrawal, S. N.: India’s Population Problems, Tata Mc-Graw Hill co. Bombay., 2. Bogue, D. J.: Principles of Demography, Honwiley, New York., 3. Sinha, V. C. and Pushpa Sinha: Principles of Demography, Mayur Paper backs., 4. Mishra, Jai Prakash, Demography: Sahitya Bhawan Publications, Agra., 5. Pathak, K. B. and F. Ram,: Techniques of Demographic Analysis, Himalaya Publishing House., 6. Jhingan, M. L. and others: Demography, Vrinda Publications (P) Ltd., 7. Srinivasan, K.: Basic Demographic Techniques and Applications, Sage Publication., Reference Books, 1. Census India SRS Bulletins, Registrar General of India, Govt. of India, 2011, 2. Rural-Urban distribution Census of India: Census Data 2001: India at a glance >> Rural-Urban, Distribution. Office of the Registrar General and Census Commissioner, India. Retrieved on 2008-1126., 3. Number of Villages Census of India: Number of Villages Office of the Registrar General and Census, Commissioner, India. Retrieved on 2008-11-26., 4. Urban Agglomerations and Towns Census of India: Urban Agglomerations and Towns. Office of the, Registrar General and Census Commissioner, India. Retrieved on 2008-11-26., 5. Preston, S.H.(1976):Family Sizes of Children and Family Sizes of Women. Demography 13(1): 105-114., 6. Pritchett, L.H. (1994). Desired Fertility and the Impact of Population Policies. Population and, Development Review 20(1): 1-55.

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SEMESTER - IV, ECONOMICS OF DEVELOPMENT AND PLANNING, Paper – I, Unit – I, , Economic Planning; Obj ectives, Achievements and Failures of Indian Plans,, Resource Mobili zation in Indian Plans, St rategy of Indian Plan. Saving,, Capital For mation and Overall Growth Rate, Twelfth Fi ve Year Plan (2012 17), Achievement of Eleventh Fi ve Year Plan., , Unit – II, , Theories, of, Devel opment: The, Marxian, Schumpeterian Model, Keynesian Theor y of, Rostow’s Stages of Economic Growth., , Unit – III, , Approaches to Development: - Arther Lewis Model of Unli mited, Suppl y of Labour, Ranis & Fie Model, Leibenstein ’s Critical, Minimum Effort thesis , The Bi g push theor y., , Unit – IV, , Development Models: - The doctrine of Bal anced Growth, the concept of, Unbalanced Growth, The Li mits to Growt h Model, Myrdal’s theory of, Circular Causation., , Unit - V, , Model,, The, Developmen t,, , Invest ment Criteria i n Economic Development; The social Marginal, Productivit y Cr iteria, The capital Turnover Criteria, The Re invest ment Cri terion, Time Series Criterion, the Choice of Techniques., , Text books, 1. Jhingan,M.L.(2003): The Economics of development & planning,Vrinda, publication pvt. Ltd., 2. Shinghai ,G.C. & Mishra,J.P.(2013): Macro Economic Analysis, Sahitya bhawan publication, Agra., 3. Mishra, J.P.(2012): Economics of Growth and Development, Sahitya bhawan, publication Agra., Reference Books, 1., 2., 3., 4., 5., 6., 7., 8., , Todaro, M.P. (1996) (6th edition): Economic Development, Longman London., Solow, R.M. (2000): Growth Theory An Exposition, Oxford University Press, Oxford., United Nations, Human development Department report 2005., Behrman, S. and T.N. Shrinivasan (1995): Hand book of Development Economics, Vol 1, 2 & 3,, Elsevier; Amsterdam., Ghatak,s (1986): An introduction to development Economics, Allen & elnein, London., Sen, A.K. (Ed.) 1990 growth Economics, Penguin, Harmondsworth., Dasgupta, P.A.K. Sen and S. Marglin (1972): Guidelines for project Evaluation, UNIDO, Vienna,, Mehrotra, S. and J. Richard (1998): Development with a Human Face, Oxford University Press New, Delhi.

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SEMESTER- IV, INTERNATIONAL ECONOMICS, Paper – II, Unit – 1, , Foreign Trade and Economic Development, The Theory of Regional Blocks Customs Union, St ati c and Dynamic Effects of a Customs Union and Free, Trade Area, Rational of Economic Progress of SAARC, ASEAN, IBSA and, BRICS., , Unit – II, , Regionalism of Eur opean Union, The Euro -Dollar Market, NIEO,WTOFunctions of WTO, Multilateralism and WTO, TRIPS, TRI MS, Agriculture,, Market - Access, Textile Clothing, Patent Ri ghts, Ministerial Conf erences of, WTO, UNCTAD., , Unit – III, , Theory of Short Term & Long Ter m Capital Movement and International, Trade– Port Folio Investment and International trade, FDI and Internat ional, Trade, Merits & Demerits of Long Ter m Capital Movement in International, Trade, Factors Affecting International Capital Movement, The Transfer, Problem, Opti mum Currency Area, Global Fi nancial Crises., , Unit – IV, , International Monetar y System, International Liquidit y, IMF, World Bank,, The World Bank Group, ADB, Forei gn Capit al in India., , Unit – V, , International Or ganisations - G-20, G-15, BIMSTEC, OPEC, NAFTA, OECD,, Working and Regulations of MNCs in India., , Reference:1. Bhagwati, J. (Ed).(1981): International Trade, Selected Readings, Cambridge, University press,, Massachusetts., 2. Carbough, R. J. (1999): International Economics, International Thompson Publishing, New York., 3. Chacholiades, M. (1990): International Trade: Theory and Policy, McGraw Hill, Kogakusha, Japan., 4. Dana, M.S. (2000): International Economics: Study Guide and Work Book, (5th Edition), Routledge, Publishers, London., 5. Dunn, R. M. And J. H. Mutti (2000): International Economics, Routledge, London., 6. Kenen, P. B. (1994): The International Economy, Cambridge University Press, London., 7. Kindleberger, C. P. (1973): International Economics and International Economic Policy A Reader,, McGraw Hill International, Singapore., 8. Krugman, P. R. and M. Obstfeld (1994): International Economics: Theory and Policy, Glenview,, Foresman.

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SEMESTER- IV, PUBLIC ECONOMICS, Paper – III, Unit – I, , Role of Public Finance in Economic Devel opment, Maj or Fiscal Function,, Concept of Social Goods. Fiscal Federalism in India, Principles of Fiscal, Federalism, Vertical and Hori zontal Imbalances., , Unit – II, , Federal Finance – Principle of Federal Fi nance in India, Centre –State, Financial Relation, Resource Tr ansfer Fr om Centre to States, Ga dgil’s, For mula. Fourteen Finance Commiss ion., , Unit – III, , Indian Tax System: - Salient Features, Merits, Demerits, Measur es for, improvement of Indian Tax system Government measures for, improvement: - Taxat ion enquir y Commi ssion (1953 -54), Wanchoo, committee, Jha Committee, Kelkar Committee R eport, Chelliah Committee, Recommendations for reforming the taxation system., , Unit – IV, , Anal ysis of Centre & Chhattisgarh Govt , Budget. Taxable and Non, Taxable Income of Chhattisgarh. Perfor mance of the Chhattisgarh, government budget., , Unit – V, , Financial Responsibil ities and Budget Management Act. Structure and, Growth of Pub lic Expenditure in Chhattisgarh , Revenue Expenditure and, Capital Expenditure. Plan & Non Plan Expenditure in Chhattisgarh., , 1., 2., 3., 4., , Text Books, Lekhi, R.K.(2014): Public Finance, Kalyani Publication, Ludhiana New Delhi., S.K.Singh,(2013): Principal of Public Finance Sahitya Bhavan Publication, Agra., Pant, K.C. (2012): Public Finance, Sinha, V.C.(2013) : Public Finance and Economic, Sahitya Bhavan Publication., , Reference Books, 1. Government of India (1992), reports of the Tax Reforms Committee – Interim and Final (Chairman :, Raja J. Chelliah)., 2. Chelliah, Raja J. et. Al (1981): Trends and issues in India’s Federal Finance, NIPFP. New Delhi., 3. Peacock, A and G.K. Shaw (1976): The Economic Theory of Fiscal Policy, George Allen and, Unwin, London., 4. Sahni, B.S. (Ed.) (1972): Public Expenditure Analysis: Selected Readings, Rotherdam University, Press., 5. Jha, R. (1998): Modern Public Economics, Routledge, London., 6. Musgrave, R.A. and P.B. Musgrave (1976): Public Finance in Theory and Practice, McGraw Hill,, Kogakusha, Tokyao., 7. Cornes, R. and T. Sandler (1986): The Theory of Externalities, Public Goods and Club Goods,, Cambridge University Press. Cambridge., 8. Economic Servey Centre and State (2014-15), 9. 14th Finance commission Report- 2015, 10. Central Govt. and State Govt. Budget- 2015

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SEMESTER- IV, ECONOMICS OF SOCIAL SECTOR, Paper – IV, Unit-1 Pollution- classification of pollution, Air, Water and Land Pollution, Cause &, Effects of pollutant. Problem of solid wast e management, Polluti on control strategies,, Equi -Mar ginal law of pollution, Global environmental issues - Climate change, Global, war ming, Green House Effect, Ozone depleti on., Unit-2 Development and Environment: Relation between development & environmental, stress, The Environmental Kuznets Cur ve, The concept of Sustainable Development,, Indicators of sustainability, Measuring sustai nable developmen t, Gr een Economy., Unit-3 Economics of Resources - Classification of resources, Renewable & Non -renewable, resources, Opti mum use of resources. Land resources, Forest resources, Social forestr y,, Peoples participation in the management of Common & forest land . Ener gy - Sources of, energy, ener gy efficiency & environment, Alternative sources of energy., Unit-4 Economics of Education - Expenditure on education, Productive expenditure on, education, Producti vity of education, the r eturn of education, Human capital, Human, capital Vs Physical capital, Educational refor ms and Ri ght to Education Act., Unit-5 Health Economics - Deter minants of health care, Malnutrit ion. The concept of, Human life, Inequaliti es in health - class & gender, Perspecti ve HDI, GDI, GEM and, HPI., Reference, 1. Baurnol, W.J. and W.E. Oates (1988): The Theory of Environmental Policy, (2nd Edition), Cambridge, University Press, Cambridge., 2. Berman, P. (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 J Penguin, London., 4. Bromely, D.W. (Ed.) (1995): Handbook of Environmental 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. Hussen, A.M. (1999) : Principles of Environmental Economics, Routledge. London., 9. Jeroen, C.J.M. van den Bergh (1999): Handbook of Environmental and Resource Economics, Edward Elgar, Publishing Ltd. U.K., 10. Thomas and Callan (2009): Environmental Economics.

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SEMESTER- IV, Paper – V, , The MA students in the fourth semester would be required to, appear for a Viva-Voce examination before the external examiner, appointed by the University for marks of 100(Hundred). VivaVoce will be conducted by the Department as per the rules and, regulations of the University., , ----------00----------