#833, E.V.R. Periyar High Road, Arumbakkam, Chennai - 600106

BA Economics

About the department

The Post Graduate and Research department of Economics established in the year 1965 offers high quality higher education in economics under one roof. The department functions with the motive of instructing students on the fundamental economic theories, keeping them abreast of current economic affairs and providing them with myriad of activities like guest lectures, panel discussions, and industrial visits. The department is endowed with highly committed faculty who takes all efforts and adopts appropriate methods to transform the students into active learners, thinkers and scholars in economics. We also conduct annual intra departmental and inter departmental events such as Farm Fest, Quest Economics, annual socio economic survey and endowment lectures. Being one of the oldest departments, several legendary academicians have nurtured its growth transforming it into a full fledged research department.

Mission & goal

  • To impart holistic Education in the field area of Economic Science and create a value based society by empowering the students with quality Knowledge, wisdom and leadership.
  • To infuse in the students the significance of this fascinating discipline.
  • To carry out systematic and periodic assessment to understand the strengths and weakness of the system as well as the learners.
  • To take students beyond the classrooms and provide them practical experience through industrial visits budget sessions and so on.
  • To instill research exposure by conducting socio – economic surveys, analyzing the data collected and drawing conclusions, policy prescription.
  • To harness the human capital in them to meet the present and the future challenges, make them competitive in the job market and a responsible citizen.

Contact details

Post Graduate and Research Department of Economics

            044 – 23635101 / 102 Fax: 044 – 23635103

Department Extension Number 136

Faculty details with mobile number

SI. NO. NAME DESIGNATION MOBILE NUMBER
1 Dr.R.Balasubramaniyan Associate Professor 9444902077
2 Dr.T.S.Prema Associate Professor 9884101739
3 Prof. J. P. Jaideep Associate Professor 9841125795
4 Dr. S. V. Nandini Assistant Professor 9444572466
5 Prof. Mandira Dutta Assistant Professor 9884164708
6 Dr. Latha .S Assistant Professor 9445378697

9789472877

7 Dr. T.Umapathy Assistant Professor 9941174107

 

8 Dr. Smitha .N Assistant Professor 9884133951
9 Dr. Narayanan .S Assistant Professor 9884513004

9884523406

10 Prof. Arumugam. L Assistant Professor 9840162219

42657445

11 Prof.P.Janaki Assistant Professor  

 

Courses Offered

  1. A. Economics
  2. A. Economics
  3. Phil Economics Number of Guides – 6

Ph. D Economics (Part Time & Full Time) Number of Guide – 1

DWARAKA DOSS GOVERDHAN

DOSS VAISHNAV COLLEGE

(Autonomous)

ARUMBAKKAM, CHENNAI – 600106

SYLLABUS 2018

I M.A.ECONOMICS

I SEMESTER II SEMESTER

MICRO ECONOMICS-1 MICRO ECONOMICS 11

STATISTICAL METHODS 1 STATSTICIAL METHODS 11

RESEARCH METHODOLOGY INDIAN ECONOMIC DEVELOPMENT

AND POLICY

HEALTH ECONOMICS MONETARY ECONOMICS

ORGANISATIONAL BEHAVIOURAL

ECONOMICS

MANAGERIAL ECONOMICS

II M.A. ECONOMICS

III SEMESTER IV SEMESTER

MACRO ECONOMIC

THEORY I

MACRO ECONOMIC

THEORY – II

PUBLIC ECONOMICS – I PUBLIC ECONOMICS – II

INTERNATIONAL

ECONOMICS – I

INTERNATIONAL

ECONOMICS – II

FINANCIALMARKETS AND

SERVICES – I

FINANCIAL MARKETS AND

SERVICES -II

ENTREPRENURIAL

DEVELOPMENT

HUMAN RESOURCE

MANAGEMENT

EVALUATION PATTERN (FOR P.G)

EVALUATION PATTERN (FOR P.G)

MARK ALLOCATION

INTERNAL MARKS 40 + EXTERNAL MARKS 60 = TOTAL MARKS 100

INTERNAL ASSESMENT PROCEDURE

SUBDIVISION MARKS

MODEL EXAM 10

CLASS TEST 15

( best 2 out of 3)

ASSIGNMENT/SEMINAR 10

ATTENDANCE 5

QUESTION PAPER PATTERN FOR EXTERNAL EXAMINATION

PART-A

(5*8=40)

5 QUESTIONS TO BE ANSWERED OUT OF 8

PART-B

(3*20=60)

3 QUESTIONS OUT OF 5

EVALUATION PATTERN (FOR P.G – 2018-19

batch onwards)

EVALUATION PATTERN (FOR P.G)

MARK ALLOCATION

INTERNAL MARKS 25 + EXTERNAL MARKS 75 = TOTAL MARKS 100

INTERNAL ASSESMENT PROCEDURE

SUBDIVISION MARKS

TEST (2 out of 3) 10

ATTENDANCE 5

SEMINAR 5

ASSIGNMENT 5

TOTALl 25

QUESTION PAPER PATTERN FOR EXTERNAL EXAMINATION

PART-A – 30 WORDS

(10*2=20)

10 QUESTIONS TO BE ANSWERED OUT OF 12

PART-B – 200 WORDS

(5*5= 25)

5 QUESTIONS OUT OF 7

PART-C – 500 WORDS

(3*10=30)

3 QUESTIONS OUT OF 5

P.G.

SEM-I

MICRO ECONOMIC THEORY-1

Subject Code: 31101 Total Hours: 90 hrs.

UNIT I: THEORY OF DEMAND:

Theory of consumer behavior: the cardinal utility vs. the ordinal utility – The

indifference curves theory- The revealed preference hypothesis – The consumer’s

surplus. Elasticity of demand –Types and measurement.

UNIT II: THEORY OF PRODUCTION:

The production function – Concept and Definition – Isoquants, MRTSLaws

of production: Laws of returns to scale; The Law of Variable proportions.

Cob- Douglas and CES production functions –- Equilibrium of the firm: single and

multi – product firms.

UNIT III: THEORY OF COSTS:

Cost and Revenue Functions –Total and Marginal Approaches– The

traditional theory of cost: Short – run costs; Long – run costs -‘The Envelope

curve’- Modern theory of costs: Short – Run costs; Long – run costs – ‘The LShaped’

scale curve – the relevance of the shape of cost curves in decision

making.

UNIT IV: THEORY OF THE FIRM – PERFECT COMPETITION:

Market structure- under perfect competition- Assumption–Short run

equilibrium – long run equilibrium. Equilibrium of the firm under perfect

competition:- Under normal profits, super normal profits and losses.

UNIT V: MONOPOLY And MONOPOLISTIC COMPETITION

Definition – demand and revenue – Equilibrium of the monopolist; short –

run Equilibrium – long Run Equilibrium – comparison of pure competition and

monopoly – the Multi – plant firm – bilateral monopoly – Duopoly-Monopolistic

competition – Equilibrium of the firm – Excess Capacity – Selling cost –

Comparison with pure competition. .

Recommended Texts:

1.Baumol.W.J(1978), Economic Theory And Operations Analysis.

2.Cohen.K.J And Cyret R.M.(1976), Theory Of The Firm, Prentice Hall Of India.

  1. H.L. Ahuja ( Principles of Micro Economics)
  2. M.L. Jhingan Micro Economic Theory
  3. S.Sankaran Micro Economics

Reference Books:

1.Ferguson,C.E.(1968), Micro Economic Theory, Cambridge University Press, London

2.Green,H.A.J(1964), Consumer Theory,2nd Edition, Macmillan.

3.Jack Hirschleifer (1980), Price Theory And Applications, 2nd Edition Macmillan.

  1. K.E. Boulding ( A reconstruction of Economics)

 

Statistical Methods-I

Subject code: 31102 Total Hours – 90

UNIT- I

Meanings definition, nature, significance and limitation of statisticsconducting

a statistical enquiry- planning & executing the enquiry-

Collection of data – sources of primary data- direct personal interview,

indirect oral investigation, information from correspondent, mailed

questionnaire method, schedules sent through enumerators

UNIT – II

Classification and tabulation – meaning – types – geographical,

chronological, qualitative, quantitative – tabulation- meaning, difference

between tabulation and classification, parts of a table, types of tables,

formulation of frequency distribution.

UNIT- III

Measures of central Tendency- Introduction – objectives of average,

requisites of a good average- types of averages – arithmetic mean, median,

mode.

UNIT- IV

Measures of dispersion – range – merits and limitations, inter quartile

range and quartile deviation – merits and demerits, standard deviation,

coefficient of variation.

UNIT – V

Index number – Meaning, uses, steps in the construction of Index numberweighted

and unweighted Index number – Simple Average of Relatives

method- Aggregative method – Laspyre – Pasche- Fisher’s ideal Index,

Bowley’s, kelly’s methods – time reversal and factor reversal tests

Recommended Texts:

  1. S.P. Gupta – Statistical Methods
  2. R.G.D. Allen – Mathematics for economists
  3. P.R. Vittal- Mathematical Statistics
  4. Damodhar &Gujarathi – Economic models
  5. H, Cramer (1946) – Mathematical Methods of Statistics,( Princeton).

 

RESEARCH METHODOLOGY

SUBJECT CODE: 31103 TOTAL HOURS-90

UNIT-I

Meaning of the Research – Nature and scope of Social Research – aims –

objectives – Basic Principles of Research – Fundamental of Research – Research

Process – Types of research.

UNIT-II

Review of Literature, Formulation of Hypothesis – Selection of Research problem

– Research design.

UNIT-III

Techniques of data collection; observation, schedule, questionnaire and interview

method – social survey – case study.

UNIT-IV

Analysis of data – editing – processing -consolidation and tabulation– scaling

techniques – application of software techniques.

UNIT-V

Research presentation: general organization of research presentation – aims and

objectives of presentation- effectiveness in presentation of statistical data- rules

for arrangement of text – diagrams – reference etc- Bibliography and footnote.

Recommended Texts:

  1. Cochran w.g.(1983) – sampling techniques(second edition)
  2. Donald R.Cooper, Pamela S. Schindler(1999) – Business- Research Methods

Tata Mcgraw Hill, New Delhi.

  1. V.Shanmugasundaram,-Methodology of Research in Social Science- Madras

University- 1974.

Reference Books:

  1. Forces And Bircher(1973) – Social Research Method.
  2. Basil Blackwell, Kiplinger – Foundation Of Behavioral Research
  3. Kurien ,C.T.(Ed)(1973) – A Guide To Research In Economics- sangam

publishing house

  1. Murthy ,M.N.(1967) – Sampling Theory And Methods – Statistical publishing

society

HEALTH ECONOMICS

SUBJECT CODE 31104 Total hours- 90

UNIT – I

Definition – Role of Health in Human Development – Role of economists

in the health sector- Health indicators- Health status-Nutritional status-

Relationship of health care with Macro Economic performance – Medical care as

an investment.

UNIT – II

Demand for Health- Health inputs and health output- Efficiency of

production of Health services- Choice of Health Care, Allopathy,Indian

Alternative Medicines. Market for health Services- Demand, Supply and

Equilibrium.

UNIT – III

Evaluation of Health Programmes – Measuring Cost –Measuring Benefit –

Cost Effectiveness- Cost Benefit analysis – Standardized measures of outcome &

utility scores- Measures of QALY and DALY measures- Burden of Disease-

Measures of Health gains and utilities.

UNIT – IV

Medical Tourism- Significance and Role- Uncertainty and Health

insurance market -Voluntary insurance- Social Insurance systems – Alternative

Insurance Mechanisms.

UNIT – V

Health Sector in India – An Overview – Health outcomes – Health systems-

Health financing- health policy in India which Special Reference to Tamil Nadu.

Recommended Texts:

  1. William Jack, Principles of Health Economics for Developing Countries , World Bank

Institute Development Studies, 1999

  1. World Development Report, Investing in Health, The World Bank, 1993
  2. Ronald G., Ehrenberg and Robert S., Smith, Modern Labor Economics: Theory and

Public Policy, Addison Wesley, 2005.

Reference Books:

  1. Baru R.V: Private Health Care in India, Social Characteristics and Trends (Sage, New

Delhi, 1998)

  1. 2.Becker G.S: Human Capital (National Bureau of Economic Research, New York, 1974)
  2. Berman P & Khan M.E: Paying for India’s Health Care (Sage, New Delhi, 1993)
  3. Berman P (Ed): Human Health Sector Reform in Developing Countries –
  4. Making Health Development Sustainable (Harvard Series on Population and International

Health, Boston 1995)
ORGANISATION & BEHAVIOURAL ECONOMICS

SUBJECT CODE: 31105 TOTAL HOURS-90

UNIT-I:

Introduction to organizational behavior- foundation of individual

behaviour- personality- perception-learning- values and attitudes.

UNIT-II:

Motivation – early theories – contemporary theories- motivation at workdesigning,

motivation jobs – case study.

UNIT-III:

Group dynamics-group behavior- communication and group design

making- inter – group relations – case study.

UNIT-IV:

Leadership-traits- Theories of X,Y,Z. Behavioral and contingency theories

– power and politics – transactional analysis- work stress- case study.

UNIT-V:

Organizational structure and design – organizational change and

development – organizational culture and climate- organizational conflictcauses-

types of conflict – management conflict – case study.- Human conflict

and it’s impact.

Recommended texts:

  1. Fred Luthens, Organisational Behaviour.
  2. Stephen Robbins, Organisational Behaviour.
  3. Khanka, Organisational Behaviour.
  4. Organizational Behavior – L. M. Prasad (Sultan Chand

P.G

SEM-II

Micro Economics Theory II

SUBJECT CODE: 31206 TOTAL HOURS-90

Unit-I Oligopoly

Oligopoly: Collusive oligopoly- cartels- price leadership. Non-collusive

oligopoly- Cournot model, Stackelberg model. The kinked- demand curve-

Hotelling Model.

Unit-II : Modern Theories Of The Firm

Baumol’s theory of the sales revenue maximization Marris’s model of the

managerial enterprise O. Williamson’s model of managerial discretion The

behavioral model of cyert and March.

Unit-III: Factor Pricing

Factor pricing in perfectly competitive markets Factor pricing in imperfectly

competitive markets- Product theorems: Euler’s product exhaustion theoremwalras

product theorem.

Unit-IV: General Equilibrium Theory

Two sector model of general equilibrium: assumptions- static properties of a

general equilibrium state- general equilibrium and the allocation of resources

and money.

Unit-V: Welfare Economics

Criteria of social welfare: the pareto- optimality criterion – the kaldor – hicks

‘comparison criterion- the Bergson criterion ‘social welfare function’-

maximization of social welfare- Arrow’s impossibility theorem.

Recommended Texts:

1.Baumol.W.J(1978), Economic Theory And Operations Analysis.

2.Cohen.K.J And Cyret R.M.(1976), Theory Of The Firm, Prentice Hall Of India.

  1. H.L. Ahuja ( Principles of Micro Economics)
  2. M.L. Jhingan Micro Economic Theory
  3. S.Sankaran Micro Economics

Reference Books:

1.Ferguson,C.E.(1968), Micro Economic Theory, Cambridge University Press, London

2.Green,H.A.J(1964), Consumer Theory,2nd Edition, Macmillan.

3.Jack Hirschleifer (1980), Price Theory And Applications, 2nd Edition Macmillan.

  1. K.E. Boulding ( A reconstruction of Economics)
  2. Abba.P. Lerner – Micro Economic Theory.

STATISTICAL METHODS- II

Sub Code: 31207 Total Hours – 90

UNIT – I

Sampling- definition, difference between census and samplingtechniques-

laws on sampling- random and Non- random sampling

techniques- lottery method, stratified random sampling, systematic and

cluster sampling techniques.

UNIT- II

Testing of Hypothesis – Annova – T test – chi square test – It’s

application to research.

UNIT – III

Correlation- types of correlation- methods of correlation- scatter diagram

method, graphic methods, karl pearson’s coefficient of correlation, rank

correlation, concurrent deviation method, methods of least- squares.

UNIT- IV

Regression analysis, regression lines two variable linear regression,

regression equations, regression coefficients

UNIT- V

Time series analysis – utility of time series analysis – components of time

series of measuring trend, freehand or graphic method, semi – average

method, moving average method, method of least squares.

Recommended Texts:

  1. S.P. Gupta – Statistical Methods
  2. R.G.D. Allen – Mathematics for economists
  3. P.R. Vittal- Mathematical Statistics
  4. Damodhar &Gujarathi – Economic models
  5. H, Cramer (1946) – Mathematical Methods of Statistics,( Princeton).

INDIAN ECONOMIC DEVELOPMENT AND POLICY

SUBJECT CODE: 31209 TOTAL HOURS-90

UNIT-I

Planning in India, objectives of planning, perspective planning- decentralised

planning. Economic Reforms through Liberalization, Privatization and

Globalization.- Demonetisation and its impact.

UNIT-II:

Poverty-measurement of poverty line- planning for poverty eradication- public

policies relating to employment and poverty-MGNREGS.

UNIT-III:

Agriculture- Horticulture, Dairy Farming, Poultry, Fisheries. Significance of Agro

Based industries, Blue Revolution, White Revolution.

UNIT-IV:

Industry: evolution of industrial policy- licensing- production and distribution

controls, pattern of industrial growth – productivity trends, modernization , small

  1. large industry – Globalization and Technology Transfer – Special Economic

Zones.

UNIT-V:

Sources of Service Sector Growth- Infrastructure, Physical and Social, Status and

Policies –Transport – Energy – Telecommunication – Technology– Information

Technology – Research and Development- – Health and Education

Recommended Texts:

  1. Aluvalia , I J and IMD Little ( Eds) (1999),India‘s Economic reforms and Development, Oxford

University Press , New Delhi

  1. Bardhan, P .K. (1999), The Political Economy of Development in India, Oxford University Press,

New Delhi.

  1. S. Sankaran. Indian Economy.
  2. Ishwar. C. Dhingra ( The Indian Economy Environment and Policy)
  3. Ruddar Dutt and Sundaram ( Indian Economy).

Reference Books:

  1. Chakravarty S, (1987), Development Planning: The Indian Experience, Oxford University Press,

and New Delhi

  1. Dutt. R. (2001), Second Generation Economic Reforms in India, Deep and Deep publications,

New Delhi.

  1. Amartya Sen ( Poverty and Famines ) Oxford 1994.
  2. Bhagwati . J. Chakravarthy. S. ( Indian Economic Analysis).
  3. Dandekar. V.M. ( Poverty in Indian School of Political Economy).

MONETARY ECONOMICS

SUBJECT CODE: 31208 TOTAL HOURS- 90

UNIT-I

Money; Definition – Functions – Concepts – Measurement of money – current

Indian practices

UNIT-II

Role of money in macro economy -. The classical approach- the Keynesian

approach- Post- Keynesian developments – Classical Dichotomy- Patinkin’s

Real Balance Effect – Pigou Effect.

UNIT-III

The demand for money and Supply of money. the classical approach- the

Keynesian approach- Post – Keynesian developments – Baumol ‘s Asset

demand for money – Tobin’s Portfolio Balance Approach – Friedman ‘s

Restatement .

UNIT-IV

Monetary Policy – Objectives – Instruments –Role and functions of RBI- Role

of RBI in economic growth and development.-Financial intermediaries –

NBFI- Role – Implications for monetary policy- Gurley – Shaw thesis.

UNIT-V

Monetary system in India- a review of its working. – International monetary

system- problems and prospects – The European monetary systems- European

economic and monetary union- the euro and economic policy in the euro zone.

Recommended Texts:

  1. Laidler,D.E.W, The Demand For Money: Theories And Evidence Allied Publisher.
  2. Pierce,D.G. – Monetary Economics:Theories, Evidence And Policy; Butter Worths.
  3. Monetary Economics – M.L. Jhingan 1986. 6th Edition.Vrinda Publications P. Ltd.
  4. Vaishney and Maheshwari – Monetary Economics.
  5. Ishwar .C. Dhingra – Monetary Economics
  6. Sankaran. S. – Monetary Economics.

Reference Books:

  1. Graham Bird, The International Monetary System & The Less Developed Countries,
  2. R.B.I.(198 5) – Working Of The Monetary Systems
  3. Friedman, The Role Of Monetary Policy, A.E.R,
  4. Johnson,H.G, Essays In Monetary Economics
  5. M. Friedman and A.W. Schwartz ( Money and Business Cycles)

MANAGERIAL ECONOMICS

SUBJECT CODE: 31210 TOTAL HOURS- 90

UNIT-I:

The scope and methods of managerial economics, risk, uncertainty and

probability analysis. Optimization techniques: total, average and marginal

relationships. Demand forecasting for consumers, consumer durable and capital

goods (case study analysis)

UNIT-II:

Concepts in resource allocation, cost analysis, short run and long run cost

functions, cost, price and output relations .Break-even analysis,

UNIT-III:

Pricing- objectives- pricing methods and approaches product line pricingmulti

product pricing, differential pricing.

UNIT-IV:

Capital budgeting- capital management and financial policy- investment

appraisal and project profitability – methods of measurement of project

profitability.

UNIT-V:

Advertising – contribution of economic theory, methods of determining

total advertising budget, cyclical fluctuations of advertising measuring the

economic effects of advertising- regulatory role of the government(case study

analysis).

Recommended Texts:

  1. P.L. Mehta : Mangerial Economics, Analysis, Problems and Cases.
  2. S. Sankaran Managerial Economics
  3. M.L. Jhingan Managerial Economics.
  4. Dr. Radha Managerial Economics.
  5. H.L. Ahuja – Managerial Economics.

Reference Books:

  1. S Charles Maurice, Managerial Economics Concepts And Applications , The Tata

Mcgraw Hill,8th Edition.

  1. Gupta,C.B.(2003) – Operations Management
  2. B.M. Woli A.B. Kolkundrikar – Mangerial Economics.
  3. J.K. Stephen and M.L. Jhingan Managerial Economics
  4. Dominick Salvatore, Managerial Economics In A Global Economy, Thomson.

P.G

SEM-III

MACRO ECONOMICS THEORY- I

Subject Code: 31311 Total Hours- 90

UNIT-I

National Income components- circular flow of income in two – three and

four sector economy – National Income as a measure of Economic welfare,

meaning of social accounting – Difficulties of Social Accounting

UNIT – II

Basic assumption of the classist, says law of market; classical theory of

employment saving and investment theory wage and price flexibility criticisms of

classical theory.

UNIT – III

Keynesian theory of employment and income, the concept of under

employment – aggregate demand, consumption function and its determinants –

Hypotheses of absolute, relative and permanent incomes and life cycle. The

investment function and its determinants

UNIT –IV

Theory of interest – loanable fund – liquidity preference theory- hicks-

Hansen IS –LM model.

UNIT – V

Theory of money: fishers quantity theory of money and Cambridge

equation, Keynesian theory of money- modern quantity theory of money- Milton

friedman – pantinkin’s real balance effect – Tobin’s portfolio analysis.

Recommended Texts:

  1. Ishwar .C. Dingra – Macro Economic Theory
  2. S. Sankaran – Macro Economics.
  3. M.L. Jhingan Macro Economics
  4. Varshney and Maheshwari Macro Economic Theory.
  5. Jha.R. ( Contemporary Macro Economic theory and Policy.)

Reference Books:

  1. K.E. Boulding- ( A Reconstruction of Economics)
  2. Paul. A. Samulson ( Macro Economics)
  3. Edward Shapiro ( Macro Economic Analysis)
  4. Ackley – Macro Economic Theory
  5. Blackhouse. R. and A Salansi ( Macro Economics and Real World)

PUBLIC ECONOMICS – I

SUBJECT CODE: 31312 TOTAL HOURS-90

UNIT-I:

Mixed economy – Public and Private sectors- Co-operation or Competition-

Role of public enterprises in India-Pricing Policies of public enterprises-

Administered price -Peak load pricing – Marginal cost pricing.

UNIT-II

Welfare foundation of public economics- Pareto optimality- Perfect

competition – Imperfect Competition – Theory of Second Best-Arrow’s social

welfare function- majority rule- intensity of preference- transaction cost and

non-market decision making.

UNIT-III

Theory of Private and Social goods – Social wants – Merit wants –

Externalities – External Benefits – External costs – Market failures – Causes

for Market Failures – Collective Supply Of public Goods – Budget Principle .

UNIT-IV

Public Revenue and Public Expenditure – Wagner’s law – Peacock Wiseman

Hypothesis – Prof. Musgrave’s Contribution To Public Expenditure – Structure

and growth of Public Expenditure in India – Appraisal of public expenditure

policy in India.

UNIT-V

Evaluation of Public Expenditure – Cost Benefit Analysis – application of

Market principle – Net Present Value Criterion – Internal Rate of return

Criterion – Social Rate of Discount – Performance Budgeting – Zero Based

Budgeting.

Recommended Texts:

  1. Shankar Acharya, 2005, “Thirty Years of Tax Reform in India”, EPW May, pp. 14-20.
  2. Rangarajan and D.K. Srivastava, 2005, “Fiscal Deficit and Government Debt:

Implications for Growth and Stabilization”, Economic and Political Weekly, July2-8.

  1. M. Govinda Rao, 2011, “Goods and Services Tax:EPW, February, pp. 12-18.
  2. Report of the 13thFinance Commission, 2010-15.
  3. Economic Survey, Government of India (Latest).

Reference Books:

  1. Joseph E. Stiglitz, Economics of the Public Sector, W.W. Norton & Company, 3rd

edition, 2000.

  1. R.A. Musgrave and P.B. Musgrave, Public Finance in Theory & Practice,
  2. McGraw Hill Publications, 5th edition, 1989.

INTERNATIONAL ECONOMICS-I

SUBJECT CODE:31313 TOTAL HOURS-90

UNIT-I

Difference between inter-regional and international trade- theories of

international trade-classical theories- Adam smith and David Ricardo- basic

concepts- community indifference curves, offer curves and trade indifference

curve.

UNIT-II

J.S.mill’s theory of reciprocal demand- Haberler’s theory of opportunity cost

advantage- modern theory of international trade- Hecksher Ohlin- factor price

equalization theorem- obstacles to factor price equalization.

UNIT-III

New theories of international trade- Posner’s imitation gap or technological

gap theory-Vernon’s product cycle theory- Kravis theory of availability –

Kennan’s theory of human capital.

UNIT-IV

Different concept of terms of trade determinants of terms of trade- static and

dynamic gains from trade- immiserising growth- technical progress and tradeneutral

technical progress capital savings and labour saving technologies-its

impact on terms of trade –Impact of demonetization on international trade..

UNIT-V

Foreign aid- types of foreign aid- role of foreign aid in economic developmentfactors

determining the amount of foreign aid- international capital movementmultinational

corporations.

Recommended Texts:

  1. M.L. Jhingan – International Economics
  2. Midhani – International Economics
  3. S. Sankaran International Economics
  4. M.C. Vaish and Sudhama – International Economics.
  5. Dr. Radha – International Trade.

Reference Books :

  1. B.O. Sodersten – International Economics
  2. Kindleberger. C.P. International Economics
  3. Paul. R. Krugman – International Economics theory and Policy.
  4. MudellRobert. A. International Economics
  5. B.J. Cohen, Balance of Payments Policy 1969.

FINANCIAL MARKETS AND SERVICES- I

Subject Code – 31314 Total hours – 90

Unit – I

Introduction to Indian Financial System. Financial institutions, financial

market- Capital and Money markets. Foreign exchange markets – Financial

instruments. Financial services. Importance and components of Financial

Services.

Unit – II

Legal and regulatory Frame work, governing financial services, Financial

sector reform – SEBI and SCRA. Various segments of Financial markets.

Unit – III

Stock Exchange in India – Organisation, Structure, and Function. Present

position of stock exchange. Need to control stock exchange. Steps taken by

government to promote capital market in India.

Unit – IV

International Financial market – International Capital market – Euro

Currency market – important international capital markets.

Unit – V

Online trading system – SEBI guidelines for capital issue – pricing –

insider trading – investor protection.

Recommended Text:

  1. Prasanna Chandra : Fundamentals of Financial Management, Tata McGraw Hill
  2. Dr. S.Guruswamy (2009): Financial Management.
  3. B. Santanam – Financial Markets and Services

Reference Books:

  1. Financial Management, Indian Institute of Banking and Finance(IIBF)
  2. I.M. Pandey, Financial Management
  3. Schall and Hataey,Introduction to Financial Management.
  4. Khan and Jain, Financial Management
  5. S.N. Maheshwari,Financial Management Sulthan Chand Publication.

ENTREPRENEURIAL DEVELOPMENT

SUBJECT CODE: 31315 TOTAL HOURS-90

UNIT-I

The entrepreneur- definition- classification- factors influencing

entrepreneurship- functions of entrepreneur

UNIT-II

Economic development and entrepreneurial growth- entrepreneurial

development programmes (EDP) – role of government – role of financial

institution.

UNIT-III

Entrepreneurial scenes in India- development and training of entrepreneurdevelopment

of women entrepreneurs.

UNIT-IV

Organization structure plant location- production planning- project counselingtechnical

feasibility- capital- working capital- financial appraisal of new

project – role of banks.

UNIT-V

Marketing feasibility- new product ideas and evolution of market methodspricing

policy – distribution- channel of distribution.

Recommeded Books:

  1. Srinivasan N.P. & C.B. Gupta Entrepreneurial Development.
  2. Dr. V. Radha Entrepreneurial Development.
  3. Jayashree Suresh – Entrepreneurial Development.
  4. C.B. Gupta and Khanka – Entrepreneurship and small Business

Management.

  1. Prassanna Chandra – Entrepreneurial Development

Reference Books:

  1. Vasanth Desai Problems & Prospects of small industries in India.
  2. Khan – Management of small scale industries.
  3. Dr. N. Premavathy – Entrepreneurial Development
  4. J.M. Parkin – How to Finance small Business Enterprises.
  5. K.K. Menon – Handbook of small Industries Management

.

P.G

SEM-IV

MACRO ECONOMICS THEORY – II

Subject Code: 31416 Total hours- 90

UNIT- 1

Investment function- types of investment- Marginal efficiency of capital – ,

Marginal efficiency of investment-, multiplier analysis, accelerator and investment

behavior concept of super multiplier.

UNIT- II

Supply of money- a behavioral model of money supply- determinants of money

supply RBI approach to money supply, high powered money and money

multiplier, money supply in open economy, control of money supply

UNIT- III

Theory of inflation: concept – types – Demand pull & cost push inflation

Keynesian income expenditure approach, inflationary gap – cost push inflation –

wage push and profit push inflation, Phillps curve controversy; tobin’s modified

Philips curve, policies to control inflation.

UNIT- IV

Business cycle: theories of Schumpeter, Kaldor, Samuelson and hicks control

of business cycles, relative efficiency of monetary and fiscal policies.

UNIT- V

Macro economics in open economy, Mundell Fleming model – Macro

Economic policy goals, full employment – Price stability – monetary and fiscal

mechanism in the Indian context.

Recommended Texts:

  1. Ishwar .C. Dingra – Macro Economic Theory
  2. S. Sankaran – Macro Economics.
  3. M.L. Jhingan Macro Economics
  4. Varshney and Maheshwari Macro Economic Theory.
  5. Jha.R. ( Contemporary Macro Economic theory and Policy.)

Reference Books:

  1. K.E. Boulding- ( A Reconstruction of Economics)
  2. Paul. A. Samulson ( Macro Economics)
  3. Edward Shapiro ( Macro Economic Analysis)
  4. Ackley – Macro Economic Theory
  5. Blackhouse. R. and A Salansi ( Macro Economics and Real World)

PUBLIC ECONOMICS-II

SUBJECT CODE: 31417 TOTAL HOURS – 90

UNIT-I

Taxation-theories of taxation- Benefit and Ability to pay principles- Concept of

excess burden of taxes- classical and modern views- Tax structure in India-

Particular taxes-Personal income tax- Corporation tax- Capital gains tax-

Union excise duties- MANVAT, MODVAT, – Tax evasion- Tax reforms-State

taxes – Appraisal of tax policies of India.- A note on GST.

UNIT-II

Public debt- Theories of public debt- Classical and Modern theories-Concept

of burden of public debt- Growth and Composition of public debt in India-

Debt management.

UNIT-III

Fiscal policy- Classical concept – Modern Concept – Instruments of Fiscal

Policy – Role in developed and Under developed economies – Built – in

Stabilizers – Rules vs Discretion – Budgetary, fiscal deficit and its

measurement- fiscal crisis and fiscal sector reforms in India.

UNIT-IV

Fiscal federalism- principle of federal finance- fiscal federalism in Indiaassignment

of functions and sources of revenue- logic of constitutional

scheme.

UNIT-V

Finance commission and planning commission-Report of latest finance

commission in India- Resource transfer mechanism in India- Backwardness

and other criteria- union state financial relations- Problems of state

indebtedness. Local finance- Finance for local bodies-

Recommended Texts:

  1. Shankar Acharya, 2005, “Thirty Years of Tax Reform in India”, EPW May, pp. 14-20.
  2. Rangarajan and D.K. Srivastava, 2005, “Fiscal Deficit and Government Debt:

Implications for Growth and Stabilization”, Economic and Political Weekly, July2-8.

  1. M. Govinda Rao, 2011, “Goods and Services Tax:EPW, February, pp. 12-18.
  2. Report of the 13thFinance Commission, 2010-15.
  3. Economic Survey, Government of India (Latest).

Reference Books:

  1. Joseph E. Stiglitz, Economics of the Public Sector, W.W. Norton & Company, 3rd

edition, 2000.

  1. R.A. Musgrave and P.B. Musgrave, Public Finance in Theory & Practice,
  2. McGraw Hill Publications, 5th edition, 1989.
  3. John Cullis and Philip Jones, Public Finance and Public Choice, Oxford University

Press, 1st edition, 1998.

INTERNATIONAL ECONOMICS-II

SUBJECT CODE:31418 TOTAL HOURS- 90

UNIT-I

Balance of payments and national income- Balance of payments

disequilibrium- causes and corrective measures,- automatic mechanism –

foreign trade multiplier and national income- repercussions of balance of

payment disequilibrium and stability problem-

UNIT-II

Exchange rate determination- purchasing power parity theory – fixed vs

flexible exchange rate system- developments in international monetary

systems. recent developments in exchange rate management.

UNIT-III

Devaluation , elasticity approach, income absorption approach- monetary

approach- exchange controls – means of achieving internal and external

equilibrium,- fiscal and monetary mix.

UNIT-IV

Tariffs – free trade vs protection- effective rate of protection, non-tariff

barriers- import quotas dumping exchange controls trade problems of

developing countries. GATT,WTO,UNCTAD.

UNIT-V

The international monetary system- the euro dollar market- the European

economic community – international monetary – system, problems in

international monetary systems- international debt- international liquidity-IMF

and special drawing rights- recent developments and issues in regional

common currencies.

Recommended Texts:

  1. M.L. Jhingan – International Economics
  2. Midhani – International Economics
  3. S. Sankaran International Economics
  4. M.C. Vaish and Sudhama – International Economics.
  5. Dr. Radha – International Trade.

Reference Books :

  1. B.O. Sodersten – International Economics
  2. Kindleberger. C.P. International Economics
  3. Paul. R. Krugman – International Economics theory and Policy.
  4. MudellRobert. A. International Economics
  5. B.J. Cohen, Balance of Payments Policy 1969.

FINANCIAL MARKETS AND SERVICES- II

SUBJECT CODE :31419 TOTAL HOURS -90

UNIT – I

Banking system in India – RBI, Commercial Banks Functions and

Services – Co – Operative Banks, Agricultural Finance – Industrial

Development Banks – NABARD – Functions – SIDBI- Exim Bank. Non

Banking Financial Companies.

Unit – II

Consumer Finance – Significance – Benefits to consumer- Different types

of loans available to consumers – Pledge – Mortgage – Hypothecation –

Assignment consumer protection Act . 2002.

Unit – III

Derivative markets – Operations and features – Trading systems pricing

derivatives – currency and interest swaps – Derivative market in India.

Unit – IV

Financial Services – Merchant Banking – Regulations by SEBI – Role and

Responsibility of Merchant Banker in Public Issue. Underwriting Functions

of Merchant Bankers – In Corporate Sector. Leasing, Factoring steps

involved and types of Benefits of leasing and

Unit – V

Venture Capital – Features – Importance of Venture capital financing

stages in Venture capital Finance. Types of Venture capital SEBI

Regulations on Venture Capital

Recommended Text:

  1. Prasanna Chandra, Fundamentals of Financial Management Tata McGraw Hill
  2. Dr. S.Guruswamy (2009), Financial Management.

Reference Books:

  1. Financial Management, Indian Institute of Banking and Finance(IIBF)
  2. I.M. Pandey, Financial Management
  3. Schall and Hataey, Introduction to Financial Management.
  4. Khan and Jain, Financial Management

HUMAN RESOURCES MANAGEMENT

SUBJECT CODE: 31420 TOTAL HOURS – 90

UNIT-1:

Human resources management- meaning- nature- scope. Human resources

planning – objective- importance-process- responsibility.

UNIT – II

Concept of human resources. Human capital- in the view of Adam Smith of

Alfred Marshall. Human capital and growth of development- contribution of

human capital to development

UNIT-III

Investment in human capital- consumption and investment aspects of human

capital-private investment- social investment- cost benefit analysis.

UNIT-IV

Recruitment – selection-training-meaning- sources of recruitment- process of

selection- training types and methods

UNIT-V

Wage&salary administration- incentives- performance appraisal- promotiontransfer-

demotion. Grievance handling.

RECOMMENDED BOOKS:

  1. J. Jaishanker Human Resource Management
  2. Dr. Radha Human Resource Development
  3. Dr. N. Premavathy Human Resource Management
  4. Dr. C.P. Gupta Human Resource Management
  5. Dr. A.Murthy Human Resource Management

REFERENCE BOOKS

  1. Philip kotler . Mc Graw Hill Human Resource Management
  2. Snell Bohlander Human Resource Management
  3. Prasanna Chandra Human Resource Management
  4. Narko Blaug, Information To Economics Of Education, Penguin
  5. V.S.P.Rao, Human Resouces Management –Text&Casio-Excel Books-New Delhi.

DEPARTMENT OF ECONOMICS

  1. G. SYLLABUS
  1. G. SYLLABUS –

III YEAR B.A. ECONOMICS

SEMESTER-V SEMESTER-VI

MACRO ECONOMICS – I

MACRO ECONOMICS – II

FISCAL ECONOMICS – I

FISCAL ECONOMICS – II

INTERNATIONAL ECONOMICS – I

INTERNATIONAL ECONOMICS – II

HISTORY OF ECONOMIC THOUGHT

ENVIRONMENTAL ECONOMICS

MANAGERIAL ECONOMICS HUMAN RESOURCE MANAGEMENT

2017

SEMESTER-I SEMESTER-II

ENGLISH-I ENGLISH-II

LANGUAGE-I LANGUAGE-II

MICRO ECONOMICS-I MICRO ECONOMICS-II

STATISTICS-I STATISTICS-II

ENTREPRENURIAL DEVELOPMENT MARKETING

PRINCIPLES OF MANAGEMENT BASIS OF CAPITAL MARKET

II YEAR B.A. ECONOMICS

SEMESTER-III SEMESTER-IV

ENGLISH-III ENGLISH-IV

LANGUAGE-III LANGUAGE-IV

INDIAN ECONOMIC DEVELOPMENT

AND POLICY-I

INDIAN ECONOMIC DEVELOPMENT

AND POLICY-II

MONETARY ECONOMICS-I MONETARY ECONOMICS-II

WOMEN AND ECONOMIC

DEVELOPMENT–UPTO2016

TOURISM AND ECONOMIC

DEVELOPMENT—2017 ONWARDS

ELEMENTS OF INSURANCE
EVALUATION PATTERN (FOR UG)

MARK ALLOCATION

INTERNAL MARKS (40) + EXTERNAL MARKS (60) = TOTAL MARKS (100)

INTERNAL ASSESMENT PROCEDURE

SUBDIVISION MARKS

MODEL EXAM 10

CLASS TEST 15

ASSIGNMENT/SEMINAR 10

ATTENDANCE 5

QUESTION PAPER PATTERN FOR

EXTERNAL EXAMINATION

PART-A

(5X8=40)

5 QUESTIONS TO BE ANSWERED OUT OF 8

PART-B

(2X20=60)

3 QUESTIONS TO BE ANSWERED OUT OF 5

EVALUATION PATTERN (FOR U.G – 2018-19

batch onwards)

EVALUATION PATTERN (FOR U.G)

MARK ALLOCATION

INTERNAL MARKS 25 + EXTERNAL MARKS 75 = TOTAL MARKS 100

INTERNAL ASSESMENT PROCEDURE

SUBDIVISION MARKS

TEST (2 out of 3) 10

ATTENDANCE 5

SEMINAR 5

ASSIGNMENT 5

TOTAL 25

QUESTION PAPER PATTERN FOR EXTERNAL EXAMINATION

PART-A – 30 WORDS

(10*2=20)

10 QUESTIONS TO BE ANSWERED OUT OF 12

PART-B – 200 WORDS

(5*5= 25)

5 QUESTIONS OUT OF 7

PART-C – 500 WORDS

(3*10=30)

3 QUESTIONS OUT OF 5

U.G

SEM-I

MICRO ECONOMICS – I

SUBJECT CODE- 01101 Total hours- 90 hrs

UNIT – I

The Basic Micro Economic problem – Scarcity and choice –Definitions – Wealth

and scarcity – Wants – Utility – Value in use – Value in exchange.

UNIT – II

Demand – Demand Schedule – Drawing Demand curve from demand schedule –

Supply – Supply schedule – Drawing supply curve from supply schedule –

Demand and supply equilibrium – graphical representation.

UNIT – III

Determinants of demand – Law of demand exceptions to the law of demand –

cavers for the downward sloping demand curve.

UNIT – IV

Elasticity of demand – definition- formulation- Types – Methods and

Measurement..

UNIT – V

Consumer behaviour – cardinal and ordinal utility- Marshallian theory of DMU –

Hicks IC analysis – consumer equilibrium using IC analysis – Derivation of

demand curve using Marshall and Hick’s approach –Price effect – Income and

substitution effect – consumers’ surplus.

Recommended Texts:

1.Baumol.W.J(1978), Economic Theory And Operations Analysis.

2.Cohen.K.J And Cyret R.M.(1976), Theory Of The Firm, Prentice Hall Of India.

  1. H.L. Ahuja ( Principles of Micro Economics)
  2. M.L. Jhingan Micro Economic Theory
  3. S.Sankaran Micro Economics

Reference Books:

1.Ferguson,C.E.(1968), Micro Economic Theory, Cambridge University Press, London

2.Green,H.A.J(1964), Consumer Theory,2nd Edition, Macmillan.

3.Jack Hirschleifer (1980), Price Theory And Applications, 2nd Edition Macmillan.

  1. K.E. Boulding ( A reconstruction of Economics)
  2. Abba.P. Lerner – Micro Economic Theory.

STATISTICS – 1

SUBJECT CODE -01102 Total Hours – 90

UNIT- I

Nature, significance and limitations of statistics collection, design of

questionnaire, classification and tabulation of data.

UNIT-II

Diagrammatic and graphic representation – bar diagram – pie diagram –

histograms- pictograms – cartograms – frequency distribution – frequency graphs

ogives – Lorenz curve

UNIT-III

Measures of central tendency – Arithmetic mean, median and mode

UNIT-IV

Measures of dispersion – absolute and relative dispersion – range- quartile

deviation- mean deviation- standard deviation- co-efficient of variation.

UNIT-V

Measurement of skewness – Pearsonian measure of skewness – Bowleys measure

of skewness,

Recommended Texts:

  1. S.P. Gupta – Statistical Methods
  2. R.G.D. Allen – Mathematics for economists
  3. P.R. Vittal- Mathematical Statistics
  4. Damodhar &Gujarathi – Economic models
  5. H, Cramer (1946) – Mathematical Methods of Statistics,( Princeton).

[ ENTREPRENEURIAL DEVELOPMENT

SUBJECT CODE- 01103 Total hours- 90 hrs

UNIT – 1

Role and importance of entrepreneurship – character of entrepreneur –

Relationship between entrepreneur, entrepreneurial and entrepreneurship –

function of entrepreneur – Types of entrepreneur- classification of entrepreneur.

UNIT – II

Evolution of Indian entrepreneurship – Role of entrepreneurship in economic

development – role of government and non-government organizations in economic

development- policies and programmes – entrepreneur development and Industrial

policy.

UNIT –III

Small scale entrepreneurs – small scale industries and Indian economic

development- small scale industries and entrepreneurial development –

concessions – Incentives and subside to small industries – SIDBI.

UNIT – IV

Project appraisal – Classification of projects –formation of business idea –

contents of project Report.

Recommeded Books:

  1. Srinivasan N.P. & C.B. Gupta Entrepreneurial Development.
  2. Dr. V. Radha Entrepreneurial Development.
  3. Jayashree Suresh – Entrepreneurial Development.
  4. Prassanna Chandra – Entrepreneurial Development
  5. Bhattacharya H – Entrepreneurial Development

Reference Books:

  1. Vasanth Desai Problems & Prospects of small industries in India.
  2. Khan – Management of small scale industries.
  3. Dr. N. Premavathy – Entrepreneurial Development
  4. J.M. Parkin – How to Finance small Business Enterprises.

PRINCIPLES OF MANAGEMENT

UNIT –I

Management Importance – Definition – Nature And Scope Of Management

– Process, Role And Functions Of A Manager – Levels Of Management –

Development Of Scientific Management And Other Schools Of Thought

And Approaches.

UNIT – II

Planning – Meaning – Definition – Importance – Features – Steps In

Planning – Process – Classification – Decision Making – Process Of

Decision Making – Types Of Decision

UNIT – III

Organisation – Nature And Scope – Types Of Organisation – Organisation

Structure – Importance – Principles Of Organisation – Informal

Organisation

UNIT – IV

Authority Delegation – Decentralisation – Difference Between Authority

And Power – Responsibility – Recruitment – Sources – Selection –

Training – Direction – Nature And Purpose

UNIT –V

Co–ordination – Meaning – Definitions – Nature and characteristics Of

Coordination – Coordination And Co-Operation – Importance Of

Coordination –Determinants Of Coordination.

Recommended Text

1) C.B.Gupta – Management theory and practice

2) L.M.Prasad – Principles and Practices of Management

Reference Books

1) J.Jayasankar– Business Management – margham publication,chennai

2) N.Premavathy – Principles of Management – sri vishnu publication

3) P.C.Tripathi and P.N.Reddy – Principles of Management – tata mc grow hill

U.G

SEM- II

MICRO ECONOMICS – II

SUBJECT CODE- 01205 Total hours- 90 hrs

UNIT – I

Production – Short run and long run production law of variable proportions – Law

of returns to scale – Producer Equilibrium –Least cost combination of factors-

Expansion path – Economies of scale.

UNIT – II

Cost – types – short run, long run cost function – Revenue function – TR, MR and

AR – Conditions for equilibrium of firm – Relationship between AR and MR –

Market equilibrium – Element of time in price determination.

UNIT – III

Perfect competition – Features – Equilibrium of firm under perfect competition –

Monopoly – characteristics and equilibrium of firm – Price discrimination –

concept and kinds only.

UNIT – IV

Monopolistic Competition – characteristics – Equilibrium – Group equilibrium –

under utilization of capacity – oligopoly – kinked demand curve ( concepts only ).

UNIT – V

Marginal productivity theory of factor pricing wages – real & nominal – collective

bargaining Trade union Rent – Ricardo and Modern theory – Interest theory

Lonable fund – liquidity preference – profit – Schumpeter’s theory.

Recommended Texts:

1.Baumol.W.J(1978), Economic Theory And Operations Analysis.

2.Cohen.K.J And Cyret R.M.(1976), Theory Of The Firm, Prentice Hall Of India.

  1. H.L. Ahuja ( Principles of Micro Economics)
  2. M.L. Jhingan Micro Economic Theory
  3. S.Sankaran Micro Economics

Reference Books:

1.Ferguson,C.E.(1968), Micro Economic Theory, Cambridge University Press, London

2.Green,H.A.J(1964), Consumer Theory,2nd Edition, Macmillan.

3.Jack Hirschleifer (1980), Price Theory And Applications, 2nd Edition Macmillan.

  1. K.E. Boulding ( A reconstruction of Economics)
  2. Abba.P. Lerner – Micro Economic Theory.

STATISTICS -II

SUBJECT CODE-01206 Total Hours – 90

UNIT-I

Sampling – census and sample, type and sampling simple, random and stratified

random sampling – sampling errors – sampling design.

UNIT-II

Correlation – calculation of Pearson’s co-efficient of correlation – rank

correlation co-efficient.

UNIT-III

Regression – two variable linear regression meaning – distinction between

correlation and regression, Regression lines and regression co-efficient

UNIT-IV

Analysis of time series – components of time series, measurement of secular

trend- moving average method and method of least squares – uses of time series

analysis.

UNIT-V

Index number – simple and weighted index number- Laspeyer ’s and Pasche ‘s

index number – Fisher’s ideal index number- Marshall , Edge worth’s index

number – construction – tests to be satisfied by an ideal index number- uses of

index number.

Recommended Texts:

  1. S.P. Gupta – Statistical Methods
  2. R.G.D. Allen – Mathematics for economists
  3. P.R. Vittal- Mathematical Statistics
  4. Damodhar &Gujarathi – Economic models
  5. H, Cramer (1946) – Mathematical Methods of Statistics,( Princeton).

MARKETING

SUBJECT CODE-01207 Total hours- 90 hrs

UNIT – I

Nature, scope and significance of marketing – Basic concepts of marketing –

Different types of markets – consumer and market, consumer co -operatives and

consumer councils, modern marketing – Marketing environment.

UNIT – II

Product – New product – Product planning and development, product life cycle –

marketing of manufactured goods – consumer goods – industrial goods –

classification – characteristics and channels of distribution.

UNIT – III

Price- pricing objectives and price determination – Basic methods of setting prices

– pricing strategies and policies – pricing strategy of new products.

UNIT – IV

Marketing structure – wholesale and retail – basic whole sale distribution structure

– function and services of wholesale – Retail distribution – Basic retail structure –

large, Medium and small scale retail institutions – super markets, departmental

and chain store.

UNIT – V

Promotional programme – advertising and sales promotion efforts – social

economic effects of advertising personal selling – salesmanship – Nature and

function of salesman – Recruitment – sales organization and selling methods.

Recommended Texts:

  1. Kotlar, Philip, Marketing Management, Prentice Hall, New Delhi.
  2. Stanton, Etzel, Walker, Fundamentals of Marketing, Tata-McGraw Hill, New Delhi.
  3. Marketing – J.Jaishanker.
  4. Rajan and Ranjan Marketing
  5. Marketing Management by C.P. Gupta

Reference Books:

  1. Saxena, Rajan, Marketing Management, Tata-McGraw Hill, New Delhi.
  2. McCarthy, E.J., Basic Marketing: A managerial approach, Irwin, New York.
  3. Kootz,O’Donnell , Weighrich : Essentials of Management.
  4. Marketing Management by Dr. A. Murthy

BASICS OF CAPITAL MARKET

UNIT –I

Capital Market – Meaning – Definitons- Structure – Functions –

Importance – Difference Between Money Market And Capital Market –

Interrelationship Between Money Market And Capital Market

UNIT – II

Long Term Finance – Sources – Financial Institutions – LIC – UTI – IDBIICICI

– IFCI

UNIT – III

Indian Capital Market – Features – Functions – Defects – Suggestions for

Improvement

UNIT – IV

Stock Exchange Board of Studies (SEBI) – Functions – Role of SEBI –

Achievements

UNIT –V

Financial Intermediaries – Meaning – Role – Functions

Recommended Texts:

1.Cirvante, V.R., The Indian Capital Market (Geoffrey Cumberlege Oxford

University Press, Bombay, 1956).

2.Simha, S.L.N., The Capital Market of India (Vora & Co., Publishers

Pvt. Ltd., Bombay, 1960).

Reference Books:

  1. Prithvi Haldea.,Investors Guide To The Capital Market
  2. M.L.Jhingan ., Monetary Economics

U.G

SEM- III

INDIAN ECONOMIC DEVELOPMENT AND POLICY – I

SUBJECT CODE- 01309 Total hours- 90 hrs

UNIT- I

Concepts of Economic growth and development Economic and Non

Economic Factors affecting economic development – Features of Less Developed,

Developing and Developed economies.

UNIT- II

Capital Formation – Meaning & Concept of Human and physical Capital-

Saving and investment Pattern during various plans- Skill Development as an

essential factor for Human capital formation in India.- Role of self help groups in

empowering women .

UNIT- III

Human Resources size and growth rate of population in India – population as

factor of Economic development – population policy –Employment policies of the

government.

UNIT- IV

Agriculture- Contribution to Economic Development- food problems and

methods to solve it- Measures to Increase Agricultural Productivity- Green

Revolution – Program of Agriculture under the five year plans – present position

of Indian Agriculture – developmental programs and new initiatives undertaken by

the current government for enhancing agricultural patters and production- Land

reform measures –Agricultural subsidies.

UNIT- V

Transport- Importance of Transport – Types of transport -Contribution of the

transport sector towards Economic Growth – Evaluation of the growth and

forthcoming trends in the transport sector

Recommended Texts:

  1. Aluvalia , I J and IMD Little ( Eds) (1999),India‘s Economic reforms and Development, Oxford

University Press , New Delhi

  1. Bardhan, P .K. (1999), The Political Economy of Development in India, Oxford University Press,

New Delhi.

  1. S. Sankaran. Indian Economy.
  2. Ishwar. C. Dhingra ( The Indian Economy Environment and Policy)
  3. Ruddar Dutt and Sundaram ( Indian Economy).

Reference Books:

  1. Chakravarty S, (1987), Development Planning: The Indian Experience, Oxford University Press,

and New Delhi

  1. Dutt. R. (2001), Second Generation Economic Reforms in India, Deep and Deep publications,

New Delhi.

  1. Amartya Sen ( Poverty and Famines ) Oxford 1994.
  2. Bhagwati . J. Chakravarthy. S. ( Indian Economic Analysis).
  3. Dandekar. V.M. ( Poverty in Indian School of Political Economy).

MONETARY ECONOMICS – I

SUBJECT CODE-01310 Total hours- 90 hrs

UNIT – I

Money – Definition, functions and classification- Role of money – with

reference to Capitalist, Socialist and Mixed Economics – Circular flow of money –

Household , Business Sector, Government Sector and Foreign Sector.

UNIT – II

The value of Money – Index Numbers- Fisher’s Equation- Cambridge

Equations- Keynesian Reformulated Quantity Theory of Money..

UNIT – III

Monetary Standards –Gold Standard – Bimetallism – Gresham’s Law –

Paper Currency Standard – Systems of Note Issue

UNIT – IV

Money supply – Factors influencing money supply- Neutrality and Non-

Neutrality of money – Classical Dichotomy –Patinkin’s Real Balance Effect .

UNIT – V

Inflation – Causes, Types and Remedies – Effects on different sections of

society – Tradeoff between inflation and Unemployment.

Recommended Texts:

  1. M.L. Jhingan, Monetary Economics, Vrinda publications
  2. Pierce, David G and Shaw, David M, Monetary Economics: Theories,

Evidence and Policy, Butterworths, London.

Reference Books:

  1. Goodhart, C.A.E Money. Information and Uncertainty. , The Macmillan Press.
  2. Gupta, Suraj B, Monetary Planning for India, Oxford University Press, Delhi
  3. Narendra Jadhav Monetary Economics for India, Macmillan India Ltd., Chennai.
  4. Venugopal Reddy, Y Monetary and Financial Sector Reforms in India. Chennai.

WOMEN AND ECONOMIC DEVELOPMENT

SUBJECT CODE- 01311 Total hours – 90 hrs

Unit – I

Historical review of the economic role of women – women’s work,

household economy and measurement.

Unit – II

Structure of female employment in contemporary society –

Problems of unorganized sectors – Employment policies and wage

discriminations.

Unit – III

Labour market theories – segmented Labour market – Determinants

of women’s employment – occupational pattern of women in India

state comparisons – contributions of women to GNP in India.

Unit – IV

Equal pay – Problems and working conditions of Indian women, sex,

discrimination – social and economic barriers – leisure time activities

– National Commission for Women.

Unit – V

Women and Economic Development A modern approach.

Recommended Text:

  1. Boserop – women’s role in economic Development.
  2. Gosh, S.K. Women in a changing society. Asia Publishing House

Reference Books:

  1. Jain Devaki – Women in a developing Economy.
  2. Kapur Promila – Changing status of the working women in India Vikas.
  3. Ranade – S.N and Ramachandran. P. Women and employment.
  4. Srinivasan. N – Status of women, Oxford University Press.

TOURISM AND ECONOMIC DEVELOPMENT (2017 Batch onwards)

SUBJECT CODE- 01311 Total hours – 90 hrs

Unit – I

Tourism – Introduction – Definition – Types, Functions, Volume and

Components of Tourism.

Unit – II

Significance of Tourism – Socio economic importance of Tourism – Travel

agency – Travel agents – Travel guides – Travel documents – Pass port

and other formalities..

Unit – III

Growth of Tourism – Causes for growth of Tourism – Economic and social

factors – Transport, Accommodation, locality.

Unit – IV

Development of Tourism in India – Pre-Independence and Post-

Independence periods – Role of Private sector and public sector – Five year

Plans and Tourism – New policy on Tourism Management Strategy –

Tourism Policy analysis – Tourism legislation.

Unit – V

Tourism promotion – Functions of advertising agencies – support activities

– Public Relations – Tourism as an instrument of archiving Economic

gains – Tamil Nadu Tourism – Important Tourism centres – Chennai,

Ooty, Kodaikanal, Kanniyakumari, Tanjore, Rameshwaram, Kanjeepuram.

Recommended Text:

  1. Boserop – women’s role in economic Development.
  2. Gosh, S.K. Women in a changing society. Asia Publishing House

Reference Books:

  1. Jain Devaki – Women in a developing Economy.
  2. Kapur Promila – Changing status of the working women in India Vikas.
  3. Ranade – S.N and Ramachandran. P. Women and employment.
  4. Srinivasan. N – Status of women, Oxford University Press.

U.G

SEM- IV

INDIAN ECONOMIC DEVELOPMENT AND POLICY – II

SUBJECT CODE- 01412 Total hours- 90 hrs

UNIT – I

Evolution of the Industrial sector- Role of industries in Economic

Development Concept of Large Scale, small scale and cottage industries –

Problems and Steps taken by the Government to enhance the performance of both

large and small scale industries.

UNIT – II

Industrial policy Resolutions – Industrial Licensing – Impact of Licensing

on industries. Role of the public sector in India Meaning and scope of

Privatization attempts at Privatization in India.

UNIT – III

Planning in India – A Brief resume of India’s five year plans financing of

five year plans. Review of the recent Five year plan- Role of NITI AAYOG.

UNIT – IV

Importance of Foreign Trade for a Developing Economy – Foreign Trade

since Independence in India Composition and direction of India’s foreign trade –

India’s recent trade patterns and the status in the Global economy.

UNIT – V

Policies and Programmes of the Tamil Nadu Government in the

Development of Agriculture, Industry, Unemployment and poverty. State finance

– Revenue, Expenditure Tamil Nadu Budget (Recent) Review of the recent

expenditures and revenues of the state government.

Recommended Texts:

  1. Bhagwati asnd Chakraborty: Indian Economic Analysis Economic Survey.
  2. Dutt and Sundaram: Indian Economy, S Chand and Company, Delhi

Reference Books:

  1. Agarwal: Indian Economy, Vikas Publishing Company, Delhi
  2. Lipsey and Chrystal: Principles of Economics (Oxford University Press)
  3. Dutta,R & K.P.M Sundaram: Indian Economy,S.Chand & Co. New Delhi
  4. Misra,S.K& Puri V. K : Indian Economy, Himalayas Publishing Co.Mumbai

MONETARY ECONOMICS – II

SUBJECT CODE- 01413 Total hours- 90 hrs

UNIT – I

Commercial Banking – Meanings, Types- Unit Banking and Branch

banking- Functions of Commercial Banks – The process of Credit creation by

commercial banks – Essentials of a Sound Banking system.

UNIT – II

Nationalization of Banks –Justification – Objectives- A Critical Appraisal

of the progress of commercial banking after Nationalization.

UNIT – III

Central Banking –Meaning – Constitution of Reserve Bank of India as

Central Bank – Functions of RBI- Organizational structure and management of

RBI – Role of RBI in Agricultural and Industrial Development

UNIT – IV

Indian money Market – Nature, Functions, Constituents – Indian capital

Market- Nature, Functions, constituents-IMF, World Bank – with reference to

India.

UNIT – V

Monetary Policy- Objectives- Instruments – Expansionary and Restrictive

Monetary Policy – Recent Financial Reforms in India with respect to Banking

sector, money market and capital market.

Recommended Texts:

  1. M.L. Jhingan, Monetary Economics, Vrinda publications
  2. Pierce, David G and Shaw, David M, Monetary Economics: Theories,

Evidence and Policy, Butterworths, London.

Reference Books:

  1. Goodhart, C.A.E Money. Information and Uncertainty. , The Macmillan Press.
  2. Gupta, Suraj B, Monetary Planning for India, Oxford University Press, Delhi
  3. Narendra Jadhav Monetary Economics for India, Macmillan India Ltd., Chennai.
  4. Venugopal Reddy, Y Monetary and Financial Sector Reforms in India. Chennai.

ELEMENTS OF INSURANCE

SUBJECT CODE-01414 Total hours- 90 hrs

UNIT – I

Introduction to Insurance – Type of insurance – Principals of Insurance

UNIT – II

Salient Features of IRDA Act – Administration of IRDA ACT – Regulatory

measures of IRDA

UNIT – III

Life Insurance Products – Term, Whole Life, Endowment.

UNIT – IV

Introduction to general Insurance – fire, Marine and Motor Insurance.

UNIT – V

Government and Insurance Companies – LIC India – Private Players in Insurance.

Recommended Texts:

  1. Dr. N. Premavathy, Elements of Insurance, Sri Vishnu Publications
  2. Dr. A. Murthy, Elements of Insurance, Margam Publications, Chennai.
  3. M.N. Mishra Insurance, Principals & Practice, S. Chavels Co.Ltd

U.G

SEM- V

MACRO ECONOMICS – I

SUBJECT CODE- 01515 Total hours- 90 hrs

UNIT – I

Nature and scope of macro Economics – Micro and Macro economics –

circular flow of income – Two sector ,Three sector and Four sector models.

UNIT – II

National income –various concepts under National Income- methods of

calculating National Income. Per capital Income – Measurement –Difficulties –

Uses – Social Accounting.

UNIT – III

Classical Theory of Employment and Income – Say’s Law of market-

Pigou effect.

UNIT – IV

Consumption Function – Meaning –Factors influencing Consumption –

Theories of Consumption function.

UNIT – V

Investment Function – Meaning – types – Determinants of Investment –

MEC – MEI – Simple Keynesian model of income and employment

determination.

Recommended Texts:

  1. Ishwar .C. Dingra – Macro Economic Theory
  2. S. Sankaran – Macro Economics.
  3. M.L. Jhingan Macro Economics
  4. Varshney and Maheshwari Macro Economic Theory.
  5. V.N. Pandit ( Macro Economic Characteristics of the Indian Economic

Theory)

Reference Books:

  1. K.E. Boulding- ( A Reconstruction of Economics)
  2. Paul. A. Samulson ( Macro Economics)
  3. Edward Shapiro ( Macro Economic Analysis)
  4. Ackley – Macro Economic Theory
  5. Blackhouse. R. and A Salansi ( Macro Economics and Real World)

FISCAL ECONOMICS – I

SUBJECT CODE- 01516 Total hours- 90 hrs

UNIT – I

Meaning and scope of public finance – Distinguish between private and

public finance –– Need for Government activity – Role of the public sector –

Principle of maximum social advantage.

UNIT – II

Principles of Public Expenditure – Classification of Public expenditure –

Causes and Effects of public expenditure.

UNIT – III

Public revenue – Sources – Distinction between Tax revenue and Non –

Tax Revenue – Taxation – Meaning – – Classification of taxes – Direct and

Indirect Taxes- Meaning- Merits and Demerits – AdValorem and Specific Duties

– Progressive, Proportional and Regressive Taxes – Impact and incidence of

Taxation.

UNIT – IV

Theories of Taxation- Characteristics of A good tax System – Cannons of

Taxation – Effects of Taxation

UNIT – V

Taxable capacity – Meaning – Factors determining taxable capacity –

Limits of Taxable Capacity – Measurement of taxable capacity – Value Added

Tax – Merits and Demerits- GST

Recommended Texts:

  1. Tyagi .B.P, Public Finance
  2. Sankaran .S, Fiscal Economics

Reference Books:

  1. Sundaram K.P.M, Fiscal Economics
  2. Cauvery and others, Fiscal Economics
  3. Bhargava .R.N, Indian Public Finance
  4. Mithani .D.M, Public Finance

INTERNATIONAL ECONOMICS – I

SUBJECT CODE :01517 Total Hours – 90hrs

Unit – I

Foreign Trade, Need, Inter regional and International trade, Theories

of International Trade – Adam Smith, Ricardo, Heckscher Ohlin Theory .

Unit – II

Terms of trade – different concepts of terms of trade – Determinants of terms

of trade – Static and Dynamic gains from trade – Capital Saving and

Labour saving Technologies and its impact on terms of trade.

Unit – III

Gains from Trade – Trade policy, Free trade – meaning – case for and

against free trade – Protection meaning – Arguments for and against

Protection.

Unit – IV

Tariff,- meaning and types – effects of Tariffs – Quotas meaning and types

– effects of Quotas on imports.

Unit – V

Balance of payments – meaning structure, Balance of payments and Balance

of trade, disequilibrium in Balance of payments. Causes for disequilibrium

and Measures of correcting it.

Recommended Texts

  1. Jinghan. M.L , International Economics (Vrindha Publications).
  2. M.C. Vaish and Sudama, International Economics Oxford and IBH

Reference Books:

  1. B.O. Sodersten (1980), International Economics
  2. Kindleberger C.P., International Economics
  3. Paul. R. Krugman and Maurice . (2005) , International Economics theory and Policy
  4. Dr. Radha (2007), International Economics, (Prasanna Publications Ist Edition)

HISTORY OF ECONOMIC THOUGHT

SUBJECT CODE- 01518 Total hours- 90 hrs

UNIT – I

Economic Thoughts of Mercantalism – Physiocracy – Adam Smith – T.R.

Malthus – David Ricardo.

UNIT – II

Economic Ideas of Alfred Marshall – J.A. Schumpeter – Pigou

UNIT – III

Economic Ideas of Karl Marx – Veblen

UNIT – IV

Nobel Laureates – Paul A. Samuelson, Hicks, Friedman, Amarthya Sen.

UNIT – V

Indian Economic thought – D. Naoroji – M.K. Gandhi – B.R. Ambedhkar –

Nehru – E.V.R. Periyar,Tiruvalluvar..

Recommended Texts:

  1. Dr. V. Shanmuga Sundaram, Indian Economic Thought Development and policies
  2. E. Roll , History of Economic Thought

Reference Books:

  1. V. Lokanathan, History of Economic Thought
  2. T.N. Hajela, History of Economic Thought
  3. S. Sankaran, A History of Economic Thought
  4. A. Grey, Development of Economic Doctrines.

MANAGERIAL ECONOMICS

SUBJECT CODE- 01519 Total hours- 90 hrs

UNIT – I

Nature and scope of managerial economics – Managerial economics – role

and responsibilities of managerial economist – Demand Analysis – Elasticity of

Demand – Demand Forecasting methods.

UNIT – II

Cost Analysis – Costs – Output Relationship – Cost Reduction – Production

Function: Law of variable proportions – laws of returns to scale.

UNIT – III

Market Structures – Perfect Competition – Monopoly – Monopolistic

competition – Price and Output determination under different market conditions.

UNIT – IV

Pricing methods – Pricing new product – profit and profit management –

Profit planning and forecasting – BEP.

UNIT – V

Capital Budgeting – Cost of Capital – Capital Management – Project Profitability

– Methods of appraising project Profitability.

Recommended Texts:

  1. Varshney, R.L. & Maheswari K.L , Managerial Economics
  2. Baumol williamm. J, Economic Theory and Operation Analysis

Reference Books:

  1. Dean, joel, Managerial Economics
  2. Hague D.C, Managerial Economics
  3. Mote, Paul & Gupta, Managerial Economics – Concepts & Cases.

U.G

SEM- VI

MACRO ECONOMICS –II

SUBJECT CODE- 01620 Total hours- 90 hrs

UNIT – I

Multiplier – Static and dynamic multipliers – Concept of accelerator- The

profit Theory-The interaction principle – Basics of income and Employment

multiplier.

UNIT – II

Money in the Keynesian model – Demand for money in the Keynesian

theory – Liquidity trap – Keynesian Revolution and its application to less

developed countries.

UNIT – III

Monetary theory in relation to underemployment and full employment –

Integration of monetary and output theories – Patinkin.

UNIT – IV

Post Keynesian macro analysis – General equilibrium of monetary and real

sector –The goods and the money market- Contribution of Hicks, Hanson – IS and

LM – Diagram.

UNIT – V

Objectives and importance of Macro Economic policy.

Recommended Texts:

  1. Jhingan M.L, Macro Economic Theory
  2. Vaish M.C , Macro Economic Theory

Reference Books:

  1. Sankaran .S, Macro Economics
  2. Broo man, Macro Economics
  3. Derberg and Mc. Dougal, Macro Economics

FISCAL ECONOMICS – II

SUBJECT CODE- 01621 Total hours- 90 hrs

UNIT – I

Public Debt –Meaning – Objectives of Public debt – Classification of Public

debt – Effects of Public debt – Repayment of public debt – Management of public

debt.

UNIT – II

Deficit Financing – Meaning – Objectives of Deficit Financing – Role of

deficit financing– Effects of deficit financing on money supply ,prices, and

distribution.

UNIT – III

Federal finance –Meaning – Principles –Problems of Imbalance in financial

Resources – Causes, Measures to remove – Forms of inter – governmental

financial transfer- Union State Financial Relations in India – Division of revenue,

functions between union and state governments – Finance Commission –

Functions – Recommendations of the latest Finance commission.

UNIT – IV

Fiscal policy – Meaning – Objectives of fiscal policy- Instruments of

fiscal policy – Role of fiscal policy in a developing economy with reference to

India.

UNIT – V

Local finance – Functions – Sources of finance to local bodies – Village

Panchayat – Municipalities – Corporation – Problems of Local Finance.

Recommended Texts :

  1. Tyagi .B.P, Public Finance
  2. Sankaran .S, Fiscal Economics

Reference Books:

  1. Sundaram K.P.M, Fiscal Economics
  2. Cauvery and others, Fiscal Economics
  3. Bhargava .R.N, Indian Public Finance
  4. Mithani .D.M, Public Finance

INTERNATIONAL ECONOMICS – II

SUBJECT CODE- 01622 Total hours- 90 hrs

Unit – I

Exchange rate –Meaning- Determination of equilibrium Exchange rate –

fixed and flexible exchange rate-. Foreign Exchange market. – Functions –

Transfer function – Credit Function – Hedging Function.

Unit – II

Theories of Exchange rate- Mint theory – Purchasing power parity theory

– Balance of payment theory .

Unit – III

Role of Foreign Capital in economic development – Issues in Foreign

Capital – Foreign Direct investment – Multinational Corporations – Foreign Aid.

Unit – IV

Present International monetary system – IMF – SDR – International

Liquidity, International Debt.

Unit – V

Trade and Development – Economic integration – meaning types, World

Bank, GATT, WTO, structure Objectives, Function and working.

Recommended texts

  1. 1. Jinghan. M.L , International Economics (Vrindha Publications).
  2. M.C. Vaish and Sudama, International Economics Oxford and IBH

Reference Books:

  1. B.O. Sodersten (1980), International Economics
  2. Kindleberger C.P, International Economics
  3. Paul. R. Krugman and Maurice. (2005), International Economics theory and Policy
  4. Dr. Radha (2007), International Economics, (Prasanna Publications Ist Edition)

HUMAN RESOURCE MANAGEMENT

SUBJECT CODE- 01624 Total hours- 90 hrs

UNIT – I

Human Resource Management: The Philosophy of management Concepts –

Objectives – Functional – Evolution of Management – Development theory and

Management.

UNIT – II

Job Analysis- Design and Evaluation: Concepts – Methods of job Analysis – job

Description – Specialisation – Job Design – Job Enlargement – job Enrichment –

Job Evaluation.

UNIT – III

Recruitment and Selection: Concepts – Sources of Recruitment – Methods of

Recruitment. Selection: Concepts – Selection process – Selection Tools –

Application Bank. Training and Development: Concepts – Ascertaining Training

Methods – Methods of Training and Development.

UNIT – IV

Promotion and Career Planning: Concepts-criteria for promotion-Demotion.

Career Planning: Concepts-Stages in Career-Planning- Specific Problem and

solutions thereof.

UNIT – V

Human resources and Productivity: Factors of Productivity- Role of the

Management in increasing productivity- organization for productivity- Motivation:

Concepts- Theories of Motivation- Motivation Techniques.

RECOMMENDED BOOKS:

  1. J. Jaishanker Human Resource Management
  2. Dr. Radha Human Resource Development
  3. Dr. N. Premavathy Human Resource Management
  4. Dr. C.P. Gupta Human Resource Management
  5. Dr. A.Murthy Human Resource Management

REFERENCE BOOKS

  1. Philip kotler . Mc Graw Hill Human Resource Management
  2. Snell Bohlander Human Resource Management
  3. Prasanna Chandra Human Resource Management
  4. Narko Blaug, Information To Economics Of Education, Penguin
  5. V.S.P.Rao, Human Resouces Management –Text&Casio-Excel Books-New Delhi

ENVIRONMENTAL ECONOMICS

SUBJECT CODE- 01623 Total hours-90 hrs

UNIT – I

Economics and Environment – Definition and role of Environmental Economics – Scope

and significance if Environmental economics – Ecology and Ecosystem – Relationship

between the environment and the Economic system – Environment as a Resource –

Environmental Quality.

UNIT – II

Resources – Concepts and definition – Classification of Resources – Renewable and nonrenewable

resources – Atomic Energy – Definition and meaning of Conservation of

Resources – Material Substitution – Product Life Extension – Recycling – Waste

reduction

UNIT – III

Environmental Regulation in India – Evolution of environmental policy in India;

Preservation and conservation of water resourcesss – Air and water Acts; fiscal

incentives; enforcement and implementation issues; emerging options – eco-taxes and

eco-subsidies; case studies on pollution control in India

UNIT – IV

Pollution as an Economic problem – Pollution Control – Optimum level – Moral suasion

– Direct control – Regulation – Fiscal technique – Effluent charges and subsidies

compared.

UNIT – V

International Environmental policy – Transfrontier pollution – International Agreements

– Stockholm Conference on Human Environment – Recommendations – United Nations

Conference on Environment and Development at Rio- De Janerio ( Agenda 21, june,1992

) – An assessment.

Recommended Texts:

  1. Hanley, N., J.F. Shogren, and B. White, Environmental Economics: In Theory

and Practice , Oxford University Press, 2006.

  1. Kolstad, C., Environmental Economics, Oxford University Press, 2000.
  2. Conrad, J.M. and C. Clark, Natural Resource Economics – Notes and Problems,

Cambridge University Press, 1987.

  1. Dasgupta, P.S. and G.M. Heal, Economic Theory and Exhaustible Resources,

University Press (Selected chapters), 1979.

  1. Bhattacharya, R.N. (2001), Environmental Economics – An Indian Perspective,

Oxford University Press, Delhi.

Reference Books:

  1. Karpagam .M, Environmental Economics- A text book
  2. Sankaran. S, Environmental Economics.
  3. Pearce. G.W, Environmental Economics.
  4. Joseph J.Sereca &Michaeal K.Taussing, Environmental Economics__