Dr.V.S.Krishna Govt. Degree & P G College [A],...

Dr.V.S.Krishna Govt. Degree & P G College [A], Visakhapatnam

I B.A- ECONOMICS 1st SEMESTER syllabus [W.E.F.2014-15]

COURSE -1 : Consumer and Producers’Behaviour

Module 1 : INTRODUCTION

Nature, Definition and scope of Economics – Methodology in Economics – Micro andMacro, Static and Dynamic, Normative and Positive – Inductive and Deductive Analysis –Partial and General Equilibrium – Choice as an economic problem.

Module 2: CONSUMER BEHAVIOUR

Utility Analysis – Cardinal and ordinal approaches – Law of Diminishing marginalutility, Law of Equi-marginal utility, Indifference curves – Properties of indifference curves –Price (Budget) line – Equilibrium of the consumer with the help of indifference curves. DemandAnalysis – Law of demand – Elasticity of Demand – Price, Income and cross elasticities,Demand forecasting – Meaning and factors influencing demand forecasting – Consumer surplus– Engel curve.

Module 3: THEORY OF PRODUCTION AND COSTS

Objectives of a firm – Production function – Concept of Cobb-Douglas productionfunction – Isoquant – Factor substitution - Law of variable proportions, law of Returns to Scale– Expansion path – Different Concepts – of Revenue and Costs and their interrelation –Equilibrium of the film – Break – Evan analysis.

Guide Lines to the Paper Setter:

. Section – A five questions to be set without ignoring any module

Section – B eight questions to be set given, more weightage to Module - 2 & Module - 3.

Section– C each one question to be set from each module .

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REFERENCE :

1 H.L . Ahuja : Advanced Economic Theory

2 M.L.Seth :Micro Economics

3 P.A Samuelson &W.D. Nodhaus :ECONOMICS

4 Bilas,A :Micro Eonomic Theory

5 Telugu Academy Publications

6 AUSDE - Study Material

Dr.V.S.Krishna Govt. Degree & P G College [A], Visakhapatnam

I B.A- ECONOMICS 2nd SEMESTER syllabus [W.E.F.2014-15]

COURSE -2: Product and Factor pricing.

MODULE - 1: MARKET STRUCTURE :

Market forms – Perfect and Imperfect markets. Price Determination and Equilibrium of afirm and industry under perfect competition – Monopoly – Price determination under monopoly– Price discrimination – Monopolistic competition – Price determination. Oligopoly (Kinkeddemand curve).

MODULE – 2 : FACTOR PRICING :

Marginal productivity theory of distribution – Theories of wage determination – Wagesand collective bargaining: Minimum Wage – Rent – Scarcity rent, Differential rent – Quasi rent.Interest – Classical, Neo-Classical and Keynesian theories – Profit – Dynamic, Innovations, Riskand Uncertainty theories.

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Guidelines to the Paper Set

Section – A: five questions to be set without ignoring any module\Section – B: Questions are to be set giving equal weigtage to both the modules (1 and 2).

Section C:

1. First question is to be set from Module 12 Second Question is to be set from Module 23 Third Question is to be set from both 1 and 2 Modules (one each from each module)

REFERENCE :

1 H.L . Ahuja : Advanced Economic Theory

2 M.L.Seth :Micro Economics

3 P.A Samuelson &W.D. Nodhaus :ECONOMICS

4 Bilas,A :Micro Eonomic Theory

5 Telugu Academy Publications

6 AUSDE - Study Material

Dr.V.S.Krishna Govt. Degree & P.G College(A), Visakhapatnam

II B.A., Economics : 3rd SEMESTER Syllabus

Course-3 : Theory of Income and Employment

Module-1 :Introduction and National Income

Meaning, definition and importance of Macro Economics - National Income : Meaning,Definitions: National Income, G. N. P. and N. N. P. , G. D. P. & N. D. P. , Personal Income ( P.I. ), Disposable Income ( D. I.), Per Capital Income ( P. C. I. ), Real National Income ( R. N. I.) –Methods of Estimation of National Income ( N. I. ) – Measurement of National Income inIndia

Module-2 :Theory of Income and Employment

Classical Theory of employment, Say’s law of market –pigou wage-cut theory- Keynesian theoryof employment- Applicabilit of the Keynesian theory to the developing countries

Module-3 : Consumption and Investment

consumption function – A P C , M P C, factors influencing consumption functions – investmentfunctions – M E C and rate and rate of interest and the concept of multiplier – Accelator

.

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Guidelines to the Paper Setter:

1. The Paper Setter is requested to cover all the syllabus while setting the question paper.

2. There should not be any ambiguity in questions.

References:

1. G.Ackley – “Macro Economics Theory and Policy”2. E.Shapiro – “Macro Economic Analysis”3. Central Statistical Organizations – “National Accounts Statistics”.4. R.Dornbush, S. Fisher and R. Startz – “Macro Economics”,.5. M.L. Seth – “Macro Economics”6. K.P.M. Sundaram – “Money, banking & International Trade”7. Dillard, D – “The Economics of John Maynard Keynes”.8. Telugu Academy Publications.9. AUSDE – Study Material.10. M.N. Mish ra & S B Mishra – “Insurance Principles & practice”11. Bharati V. Pathak “The Indian Financial System, Market, Institutions & Services”.


II B.A., Economics : 4th SEMESTER Syllabus

Course-4: Money, Banking and Stock market

Module 3: MONEY AND THEORIES OF MONEY

Meaning, functions and classification of Money–Gresham’s law – R.B.I. Classification ofMoney – M1, M2, M3, M4 Theories of Money – Fisher’s quantity theory of Money,Cambridge approach (Marshall, Pigou, Robertson and Keynes).

Module 4: TRADE CYCLE AND INFLATION

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 5: BANKING, STOCK MARKET AND INSURANCE

Functions of Commercial banks – The process of credit creation – Functions of theReserve bank of India – Methods of credit control – Quantitative and Qualitative Methods.

Concept of Non Banking Finance Companies (NBFCs) –Stock market -Meaning, functionsand importance of Stock Market – Primary and Secondary Markets-role of SEBI- Conceptsof (a) Shares (b) Debentures, Insurance – Types of Insurance – Life Insurance and GeneralInsurance.



2. There should not be any ambiguity in questions.

Reference:

1. G.Ackley – “Macro Economics Theory and Policy”2. E.Shapiro – “Macro Economic Analysis”3. Central Statistical Organizations – “National Accounts Statistics”.4. R.Dornbush, S. Fisher and R. Startz – “Macro Economics”,.5. M.L. Seth – “Macro Economics”6. K.P.M. Sundaram – “Money, banking & International Trade”7. Dillard, D – “The Economics of John Maynard Keynes”.8. Telugu Academy Publications.9. AUSDE – Study Material.10. M.N. Mish ra & S B Mishra – “Insurance Principles & practice”11. Bharati V. Pathak “The Indian Financial System, Market, Institutions & Services”,


III B.A. ECONOMICS: 5th SEMESTER Syllabus.

Core-5Course-V:Concepts of Development,Planning and Problems in Indian Economy

Module – 1: CONCEPTS OF DEVELOPMENT:

Meaning of Economic growth and development – Measures of Economics Development– GNP, PCL, PQLI and HDI, Factors influencing Economic development – Sustainabledevelopment – Balanced and unbalanced growth – Choice of Techniques Labour intensiveand capital intensive methods.

Module – 2: STRUCTURE OF THE INDIAN ECONOMY:

Basic features – Natural Resources – Land, Water and Forest resources, Basicdemographic features – Size and growth of the population – Age and sex composition Ruraland Urban population – Occupational distribution – Population policy, National income inIndia – Trends and Composition – Poverty, Inequalities and unemployment Causes andconsequences

Module – 3:Planning and Economic Reform in India.

Planning -Types of planning– Current Five Year Plan – Objectives, Mobilization andAllocation of Resources - recent five year plan – New Economic Reforms – Liberalization,Privatization and Globalization in India – Inclusive Growth.

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Guidelines to the Paper Setter :

Paper Setter is requested to cover all the Modules and also further requested to ask directquestions, without any ambiguity.

Reference:

1. Dhingra, I.C.- “Indian Economy” .2. Ruddar Dutta and K.P.M. Sundaram – “Indian Econmy”.3. G.M. Meier – “Leading issues in Economic Development”,4. M.P. Todaro – “Economic Development”, .5. Reserve Bank of India – Handbook of Statistics on Indian Economy (Latest).6. S.K. Misra & V.K. Puri – “Indian Economy”, .7. 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. Telugu Academy Publications.9. United Nations, “World Development Report”, .10. AUSDE, Study Material



Applied-1Course-VI:Structure of the Indian Economy.

Module 1: INDIAN AGRICULTURE

Nature and importance, Trends in agricultural Production and Productivity: factorsdetermining productivity. Rural Credit – Micro Finance and Self Help Groups (SHGs)Agricultural price policy, Crop insurance, Agricultural Infrastructure and food security. (1)Agricultural Marketing in India, (2) Inspect of Land reforms in India, (3) Provision ofAgricultural credit to the tenants.

Module 2: INDIAN INDUSTRY

Structure and Growth of Indian Industry-Industrial policies of 1956 and 1991, Growthand problems of Small Scale Industry. Foreign Exchanges Management Act (FEMA):Disinvestment Policy in India – Foreign Direct Investment –

Module 3:INDIAN SERVICE SECTOR

Growing important of Service Sector in India – Banking - Insurance - InformationTechnology – Education and Health.

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2. There should not be any ambiguity in questions

Reference:

1. Dhingra, I.C.- “Indian Economy” .2. Ruddar Dutta and K.P.M. Sundaram – “Indian Econmy”.3. G.M. Meier – “Leading issues in Economic Development”,4. M.P. Todaro – “Economic Development”, .5. Reserve Bank of India – Handbook of Statistics on Indian Economy (Latest).6. S.K. Misra & V.K. Puri – “Indian Economy”, .7. 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. Telugu Academy Publications.9. United Nations, “World Development Report”, .10. AUSDE, Study Material



Advanced-II Selective Paper (a)Course-V : Public Economics 1

Module 1 : INTRODUCTION

Meaning and scope of public finance: Distinction between public and private finance

Principal of Maximum Social Advantage – Public goods vs Private goods

Module 2 : PUBLIC REVENUE AND TAXATION

Sources of Public Revenue – (a) Taxes (b) Administrative Revenues (c) Commercial

Revenues (d) Gifts and grants (e) Deficit Finance – Concept of fiscal deficit – Canons of taxation

– (Adam Smith & Modern) – Impact, shifting and Incidence of Taxation, Effects of taxation -

The concept of Value added Tax (VAT). Taxes – direct and indirect merits and demerits,

Methods of taxations – Progressive proportional regressive and digressive.

Module 2: PUBLIC EXPENDITURE

Meaning and Classification of public expenditure – Cannons of Public eependiture –

Reasons for the growth of public expenditure – Wagner’s law – Peacock – Wiseman hypothesis .

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Paper Setter is requested to cover all the Modules and also further requested to ask directquestions, without any ambiguity in questions.

REFERENCES:

1. B.P. Tyagi – “Public Finance”.

2. H.D. Bhatia – “Public Finance”.

3. H Dalton - Public Finance.

4. Shirrash – The science of Public Finance5. A .H.Hansen –Public enterprises and economic development

6. Telugu Academy Publications.

7. AUSDE – Study Material.

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Applied –II Selective Paper (a)Course-VI(a) : Public Economics 2

Module 1 : PUBLIC DEBT

Public Debt – Classification of Public debt –Source of public debt-- Methods of debt

redemption – Causes and effects of the growth of India’s Public Debt

Module 2 : FEDERAL FINANCE IN INDIA

Central- State Financial relations under constitution- Central sources of revenue,State

sources of revenue and both –Finance commission- Functions- various Finance commissions-

Recommendations of 13th finance commission

Module 3 INDIAN TAX SYSTEM AND BUDGETING

Ssliant features of Indian tax system – Defects- Suggestions for improvement –

Recommendations of Raja Chelliah and Vijay Kelkar

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REFERENCES:

1 B.P. Tyagi – “Public Finance”.

2 H.D. Bhatia – “Public Finance”.

3 H Dalton - Public Finance.

4 Shirrash – The science of Public Finance

5 A .H.Hansen –Public enterprises and economic development

6 Telugu Academy Publications.

7 AUSDE – Study Material.



Advanced-II Selective Paper (b)Course-V : International trade- 1

Module 1 : INTRODUCTION :

Inter – regional and International Trade – Importance of International Trade –

Inter – industry trade –Production possibility curve

Module 2 : THEORIES OF INTERNATIONAL TRADE :

Theories of International Trade – Theory of absolute advantage – Theory of Comparativecosts, Theory of opportunity cost and Hecksher-Ohllin theory. (Factor endowment theory) –Leontiff s paradox.

Module 3 : TRADE POLICY AND TERMS OF TRADE :

Difference between free trade and protection – Arguments infavour of and against freetrade and protection – Methods of protection -Tariffs- meaning and Definition of tariffs –Types of Tariffs-Tariffs and their effects- concept of Optimum Tariff

Terms of Trade – Gross Barter and Net Barter and Income terms of trade.-Factorsinfluencing terms of trade in Developing economies

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REFERENCES:

1 B.O. Soderston – “International Economics”.

2 C.P. Kindle Berger – ‘International Economics”

3 J.Bhagawathi – “International Trade – Selected Reading”.

4 D.M. Mithani & G.K. Murty – “Fundamentals of Business Economics

5 R . Sarma :International Economics

6 M.L. Seth :Money Banking and International Trade


8 AUSDE – Study Material.



Applied-II Selective Paper (b)Course-VI(b) : International trade- 2

Module 1: BALANCE OF PAYMENTS

Meaning of Balance of Trade and Balance of Payments – Distinguish between BOT and BOP

Reasons for Disequilibrium in Balance of Payments – Measures to correct Disequilibrium –

Depreciatio- Devaluation- BOP in India.

Module 2: FOREIGN TRADE IN INDIA

Recent trends in the composition and Direction of India’s foreign trade – Recent EXIM

policy –Foreign trade policy 2009-14 and recent policy –EXIM Bank- Types and importance

of Foreign investment –FDI, FPI –Eeport promotion and import substitution. .

Module 3 :INTERNATIONAL FINANCIAL INSTITUTIONS

IMF, IBRD , -GATT, WTO- Objectives- Functions – Role in Developingeconomies

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REFERENCES:

1 B.O. Soderston – “International Economics”.

2 C.P. Kindle Berger – ‘International Economics”

3 J.Bhagawathi – “International Trade – Selected Reading”.

4 D.M. Mithani & G.K. Murty – “Fundamentals of Business Economics

5 R . Sarma :International Economics

6 M.L. Seth :Money Banking and International Trade


8 AUSDE – Study Material



Advanced-II Selective Paper (c)Course-V : Quantitative Techniques- 1

Module 1: INTRODUCTION

Meaning,Definition,Importance and scope of statistics- Limitations-Primary and secondary data-Techniques of data collection .Sampling and census methods –graphic and diagrammaticrepresentation of data-Its types and importance.

Module 2 MEASURES OF CENTRAL TENDENCY

Meaning and definition-classification-Mean,its merits and demerits –Median and its merits anddemerits- Mode and its merits and demerits-Geometric mean and Harmonic mean-their mertsand demerits.

Module 3:MEASURES OF DESPERSION AND SKEWNESS

Meaning and definition-Range-Quartile Deviation, Mean deviation Standard deviation –theirmerits and demerits .Co-efficient of variation .Lorenz curve –Skewness-Karl Pearson andBowleys coefficient of Skewness.

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Section – B eight questions to be set given, more weightage to Module - 2 & Module - 3.

Section– C each one question to be set from each module .

REFERENCE:

1. K Sydsater & P.J.Hammond – ‘Mathematics for Economic Analysis”.2. A.C. Chiang – “Fundamental Methods of Mathematical Economics”.3. Yamane Taro – “Mathematics for Economics.4. A. Mizrahi and M. Sallivan – “Mathematics for Business and Social Sciences – Applied

Approach”.5. S.P. Gupta & V.K. Kapoor – “Fundamentals of Mathematical Statisties”.6. Stephen Bernstein & Ruth Bernstein – “theory & Problems of Elements of Statistics”.7. E. Dowling – “Mathematical Economics”, Schaum’s Outline Series, 2007.8. C.R.Reddy,R.Ravi Shankar- Quantitative techniques.9. Telugu Academy- Quantitative techniques.



Applied-II Selective Paper (c)Course-VI : Quantitative Techniques- 2

Module 1:CORRELATION AND REGRESSION

Meaning,Types of correlation-Scatter diagram-coefficient of correlationKarl Pearson andSpearman- Concurrent Devitation Method-Estimation of regression line –ordinary least squaremethod-Analysis of correlation and regression.

Module 2: TIME SERIES AND INDEX NUMBERS

Time series analysis–Concept and Components – Determination of Trend -Indexnumbers: concept, price relative, quantity relative, value relative, Laspeyer’s Paasche’s andFisher’s index-. Time Reversal Test and Factor Reversal Test – Constructing WholesalePrice Index and Consumer Price Index.

Module 3:MTRIX ALGEBRA AND SET THEORY

Matrices –Addition,subtraction,multiplication and equality of matrices-minor,co-factors ofmatrix-determinants-properties-inverse of a matrix – solution of simultaneous equations bymatrix – Inverse method and Cramer’s rule – Depiction of inter industry relationship bymatrices.

Sets;Definition- null set-sub sets-diffferent types of sets.Laws of Algebra of setsprogressions-Arithmatic,Geometric,Harmonic progression and their relation.

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Section – B eight questions to be set given, equal weightage to Module -1, 2 &3.

Section– C each one question to be set from each module

REFERENCE:

10. K Sydsater & P.J.Hammond – ‘Mathematics for Economic Analysis”.11. A.C. Chiang – “Fundamental Methods of Mathematical Economics”.12. Yamane Taro – “Mathematics for Economics.13. A. Mizrahi and M. Sallivan – “Mathematics for Business and Social Sciences – Applied

Approach”.14. S.P. Gupta & V.K. Kapoor – “Fundamentals of Mathematical Statisties”.15. Stephen Bernstein & Ruth Bernstein – “theory & Problems of Elements of Statistics”.16. E. Dowling – “Mathematical Economics”, Schaum’s Outline Series, 2007.17. C.R.Reddy,R.Ravi Shankar- Quantitative techniques.18. Telugu Academy- Quantitative techniques.

Dr.V.S.Krishna Govt. Degree & P G College [A],...

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