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UNIVERSITY OF PUNE
REVISED SYLLABUS FOR M.A. ECONOMICS SEMESTER COURSE

(Course to be started from June 2008)
The students will have THREE Core courses and will have to select ONE Non-Core course in each of the two semesters, in M.A. Part I. There will be Four courses in each of the two semesters for M.A.
(Part I. All the courses will have FOUR credits. only for University Department)

M.A. Part I Semester I Core Courses EC-101 Micro Economic Analysis I EC-102 Public Finance EC-103 Agricultural Economics

M.A. Part I

Semester II

Core Courses EC-201 Micro Economic Analysis II EC-202 Indian Public Finance EC-203 Indian Agriculture Problems & Policies

Non- Core Courses Non- Core Courses (Any one course to be selected) (Any one course to be selected) EC-104 Indian Economic Policy EC-204 Industrial Economics. EC-105 Labour Economics EC-205 Rural Development EC-106 Co-operation : Theory & EC-206 Computer Application in Practice Economic Analysis. EC-107 Mathematical Economics EC- 207 Statistical Techniques EC-108 Demography. EC- 208 Community Development and Planning

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UNIVERSITY OF PUNE M.A. ECONOMICS (PART – I) Semester Pattern Revised Syllabus (From June 2008) Core Course –Semester – I EC- 101 – Micro Economic Analysis – I

Topic 1. Introduction:1.1 Micro Economics: - Nature, Scope, Importance & Limitations. 1.2 Methodology of Economics: - Deductive V/s Inductive. 1.3 Economics - Statics & Dynamics 1.4 Basic Economic Problems :- Scarcity & Choice 1.5 Price Mechanism: - Functions & Limitations. Topic 2. Demand Analysis – 2.1 Cardinal Utility Approach - Law of Diminishing Marginal Utility , Consumer’s equilibrium, Derivation of Demand Curve, Law of Demand. 2.2 Ordinal Utility Approach:- Indifference curve, Properties Consumer’s equilibrium, Price, income & substitution effects, Derivation of Demand Curve. 2.3 Revealed Preference Theory of Demand. 2.4 Recent Development in Demand Theory :- Hicksian Revised Theory – Neumann – Morgenstern Statistical Utility Theory, Armstrong’s Marginal Preference Theory . Topic 3. Consumer Surplus and Elasticity of Demand:3.1 Consumer Surplus: - Meaning, Marshall’s Measurement of Consumer Surplus, Measurement of Consumer Surplus through indifference Curve analysis, Critical Evaluation. 3.2 Elasticity of Demand :Meaning, Price Elasticity of Demand,

Measurement of Price elasticity, Income Elasticity of Demand, Cross Elasticity of Demand, Numerical Problems . Topic 4. Theory of Production:

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4.1 Supply Analysis: Economies of Scale: - Internal Economies and Diseconomies, External Economies and Diseconomies. 4.2 Production Possibility Curve. 4.3 Production Function :- Law of Variable Proportions 4.4 Returns to Scale. 4.5 Isoquants:- Properties , Producer’s equilibrium 4.6 Linear Homogenous Production Function 4.7 Cobb - Douglas Production Function. Topic 5. Cost and Revenue 5.1 Cost Concepts: - Accounting and Economic Cost, Private Cost and Social Cost, Opportunity Cost, Fixed and Variable Cost, Average, Marginal and Total Cost, Numerical Problems. 5.2 Short Run and Long Run Cost Curves 5.3 Revenue Concepts: - Average, Marginal and Total Revenue, Numerical Problems.

Basic Reading List:
• • • • • • • • • Stigler G. (1996) Theory of Price, 4th Edition, Prentice Hall of India, New Delhi. Sen A. (1999) Microeconomics: Theory and Application, Oxford University Press, New Delhi. Kreps David M. (1990), A Course in Microeconomic Theory, Princeton University Press, Princeton. Samuelson, P.A. and W.O. Nordhaus (1998), Economics, 16th Edition, Tata McGraw Hill, New Delhi. Verian H. (2000) Microeconomic Analysis, W.W Norton New Yark. Michale Perkin (1996) Economics, 3rd Edition, Addison Westey Publishing company, Inc. U.S.A. Koutsoyiannis, A. (1979), Modern Microeconomics, 2nd edition Macmillan Press, London. Layard, P.R.G. and A.W. Walters (1978) Microeconomic Theory, McGraw Hill, New Yark. Ahuja H.L. (2003) Advanced Economic theory : Microeconomic Analysis, 13th Edition, S.Chand and Co. Ltd. New Delhi.

A Mathematical Approach.J. Topic 3: • • • Da Costa.Glazer (1997) Price Theory and Applications. New Delhi. and A. London. ******** . • Hirshleifer J. A/ (1999) Microeconomics: theory and Applications. New Delhi. Macmillan.G. Go Co (1980) Production Prices and Distribution. Tata MacGraw Hill New Delhi. Topics 4 & 5: • Da Costa. Quandt (1980) Microeconomic Theory.Glazer (1997) Price Theory and Applications.New Delhi. Prentice Hall of India. Hirshleifer J. Prentice Hall of India.E. New Delhi. Prentice Hall of India. Prentice Hall of India. and A.A. Go Co (1980) Production Prices and Distribution. Prentice Hall of India.4 • • Sen. New Delhi. New Delhi. Topic 2: • • • • Baumol W.(1971) Consumer theory. Chaturvedi. Additional Reading List: Topic 1: • Baumol W.M. Healthfields and Wibe (1987) An Introduction to cost and Production’s Functions. Henderson. Penguni Harmonds Worth. Hirshleifer J.J. Tata MacGraw Hill New Delhi. New Delhi. A.Glazer (1997) Price Theory and Applications.(1982) Economic Theory and operations Analysis. Green H.(1982) Economic Theory and operations Analysis. and R. McGraw Hill. Gupta and Pal (2002) Business Economics: Text and Cases Galgotia Publishing Company. and A.New Delhi. Oxford University Press.

2. Social Goods.2 Fiscal Functions of the Government. 5.2 Distinction Between Impact and Incidence 3. . 5. 5.1 Principle of Fiscal Neutrality. 2. 1.5 UNIVERSITY OF PUNE M.3 Types of Incidence 3. Impact and Incidence of Taxes 3. Topic 3.102 – Public Finance Topic 1.2 Wiseman – Peacock Hypothesis 4. 1. Merit Goods and Mixed Goods. Excess Burden.1 Meaning of Impact and Incidence 3. Keynesian and Post – Keynesian Approaches of Public Debt. Types and Measurement of Taxable Capacity. Bowen and Lindhal Models. Introduction 1.Benefit Analysis Topic 5.1 Wagner’s Law 4.1 Classical. Benefit Principle. Doctrine Principle of Equity. Public Debt.4 Theories of Shifting Incidence 3. Public Goods.3 Pure Theory of Public Expenditure 4.3 Meaning.5 Repayment of Public Debt. 5.1 The Role of the Government in a Changing Perspective 1. ECONOMICS (PART – I) Semester Pattern Revised Syllabus (From June 2008) Core Course –Semester – I EC. Ability to pay Principle Administrative Efficiency . Topic 4.3 Burden of Public Debt.2 Application of Taxation Principles in Developing Countries. Principles of Taxation – 2.A. Public Expenditure 4.3 Co-ordination among these Functions.5 Shifting of Tax Incidence under Different Market Conditions. Topic 2.4 Provision of Private Goods.4 Social Cost.2 Classification of Public Debt.4 Public Debt Management 5.

Control of Public Expenditure in India. 5. (1997). The Public Finances. Topic: 2 & 3 .Musgrave R.K.Buchaman J. and J. . Additional Reading List : Topic: 1 . 2. New Delhi. New Countury Publications. Government and Market. 91972) Public Debt and Economic Development in India. Modern Public Economics. Public Finance in Theory and Practice McGraw Hill Book Company.Irwin. New Delhi. The John Hopkins University. Cost-Benefit Analysis.Chelliah R. Musgrave (1989). New Delhi. London.Sandler (1986) The theory of Externalities. Tata MacGraw Hill. London. Homewood. . 4. New Delhi.Singh S.Friedman A.M. And O. Cambridge.Richard A.Bird R. (1966). George Alian and Unwin.B. New Delhi.s.J. Boston.Public Finance 1. George Alien and Unwin.J. . New York. London.Comes R. (1971). Topic: 4. 91986). Topic: 5 .Barman K. Allied Publishers. Siglitz (1980). 6. New Delhi.Aidman (1967) Reading on Taxation in Developing Countries. (1998). Reading in the Economics of Taxation.Premchand A. (1970). 3.E. An Informal Introduction.A. ******** .6 Basic Reading List: . Routledge. 7. Public Goods and Club Goods.Hemlata Rao (2006) Fiscal Federalism –Issues and Policies. . . Uppal Publishing house. Martins Nighoff. (1986) Public Debt Management in India. Welfare Economics and Social Choice Theory.Mishan E. Cambridge University Press. Shoup (ed) (1970). and T.Duff L. (1982).Sreakantaradhya B. (1986) Public Finance in Developed and Developing Countries.Jha H.Chand and Company Ltd. New Delhi. Fiscal Policy in Underdeveloped Countries. S. Lectures on Public Economics.Atkinson A. and C. Richard D. Orient Longman. .

History & recent development 2.2 Green Revolution. Agricultural Marketing.4 Agricultural development under five year plans.1 Pricing of Agricultural goods in comparison with industrial goods. 2. Topic 3. 4.4 Agricultural credit – Challenges.2 Agricultural Productivity.1 Cooperative credit system.Meaning & scope. 2.A.8 Efficiency of irrigation. Agricultural Credit.5 Development theory and role of Agriculture.5 Unorganized credit system.4 Types of Marketing .4 Organic farming – Present status & Future scope. 2.2 Agricultural marketing and price system in India.1 Place of Agriculture in Maharashtra and Indian Economy. 1. NABARD and Vaidynathan committee 3. Global.history & scope. 3. 1.2 Role of Commercial Banks.3 Problems of marketing in India. 3. 1. opportunities.3 Recycling – Meaning & Problems.7 UNIVERSITY OF PUNE M. Topic 2.1 Concept. 3. Sustainable Agriculture and Food Security. 4. 2. 2. Problems & Report of Radhakrishna Committee Topic 4. 4. Corporate & Forward Topic 5.7 Agricultural issues experiences and challenges.9 Issues of live stock. 2. 2.5 Hybrid Seeds. 3.3 Problems of Agricultural Management .3 Self-Help Group – Meaning and Impact. Non Agricultural Rural credit institutions. Strategies. 4.6 Food security. ECONOMICS (PART – I) Semester Pattern Revised Syllabus (From June 2008) Core Course –Semester – I EC-103 Agricultural Economics ___________________________________________________________________ Topic 1.Group. Role. Agricultural Management 5. Introduction 1.3 Farming as a business or Way of Life.2 Recent trends in Agricultural Management 5. Scope and Principle 5. 1.1 Biotechnology. 2.

8 Basic Reading List: 1.Puri (2007) Indian Economy – Himalaya Publication house Mumbai. Datt R. Misra S. Concept Publication Co. Publication.The Introduction to Economic and Agricultural Development MacGraw Hill Co. 3. & V. New Delhi. Prasad . Indian Economy Problems of Development and Planning.Development Agricultural Technology. S.P. New Delhi. Bacan . ***************************************** . Wakatash . 4. Norten and Allwnding .M. 2006. 2. Rawat Publications. 8.N. C.Profitable firm Management –Preinstall Publication.Modernization of Indian Agriculture in 21st century challenges. & K. Sundharm (2007) Indian Economy. Hansra Parumal and Chandrakarn . 9. 5. Hamiltan and Vryant .Water Use Efficiencies in Plant Biology (2004) Blackwell Publications House.New Delhi.S. Agrawal A.Sixty years of Indian Agriculture –New Delhi 2006. Chand & Co. Ltd. London.K. 7. opportunity and strategies. 6.K.

Topic 2.4 Assessment of Economic Reforms.5 Employment and unemployment – Nature. Growth and Pattern of Industrialization. 3. Oxford University Press. The Economic Policy And Industrial Sector 4. . importance 1. Oxford University Press. New Delhi. Topic3. marketing & finance policies.D. Central and State Government’s policies. 2. New Delhi.2 Social Infrastructure . and I. ( Eassys in Honour of Manmohan Sing).Education and Health . 2.3 Labour Market .104 Indian Economic Policy ________________________________________________________________ Topic 1.1 Economic policy: An Introduction. Bardhan PK.2 National income: Trends and Structure of National Income 1. Capital Market in India Topic 4. problems associated with privatization. 1. Nature. Government policy towards Public sector.I. Policies implications. 3. Indian population policy.4 Indian Financial System – Money Market and Monetary Policy – financial Sector Reforms – Review of Monetary Policy of R. Privatization and Globalisation of the economy.3 Issues and policies in financing infrastructure Development .9 UNIVERSITY OF PUNE M.4 Poverty and inequality. 2. 4. policy & implications.Issues in Labour Market.1 Agricultural Pricing. Meaning. Development Strategies In India 2. BASIC READING LIST 1. ECONOMICS (PART – I) Semester Pattern Revised Syllabus (From June 2008) Non-Core Course –Semester – I EC.3 Role of Public Sector – Redefining the role of public sector. Liberalization. Pattern and Small Scale Industries. Reforms & Approaches to Employment Generation. Framework of Indian Economy 1. India’s Economic Reforms and Development. 2.A.I. 4.. Little 1999.( 9th Edition)(1999) The Political Economy of Development in India.2 Industrial Sector in Post – reform Period – Growth.1 Industrial Sector in Pre–reforms Period.3 Demographic features and indicators of Economic Development & Growth.2 Economic Reforms – Rationale of Economic Reforms. Rural-Urban migration. The Economic Policy And Infrastructure Development 3. 1.1 Energy and Transport 3. 3.J.B. Ahluwalia.M.

Sultan Chand & Sons. Theory and Evidence. Black Money. Jha Raghbendra (Ed)(2003). Chakravariti.(1989). Bajpai. Datt. 6. People’s Participation in Development Administration in India. 21. Hampshire. Manohar. Kabra Kamal Nayan and Jagannathan. Oxford University Press New Delhi . 20. Development Planning . Structural Changes in Indian Economy. Gupta Suraj B. Creating Opportunities for All Report of the World Commission on the Social Dimension of Globalization. Fiscal Policy in Indias Economic Reforms (included in India in the Era of Economic Reforms. New Delhi.S. Deep and Deep Publication. 12.Chand & Co. Nirupam and Jeffrey.10 4. 19. New Delhi . Guru Nanak Dev University Press.Globalization and Developing Economies. S.S. Gupta. 5.Planning and Development in India . New Delhi. V. New Delhi. A Critique. 16. U. Varshney and Baijpai) Oxford University Press. Raj Kumar (Ed) (2004) Economic Globalization . New Delhi. Jagdish(2004). .(1994) Decentralisation in Developing Countries.(1985) Black Income in India. and Uppal. 23. J. Ruddar and Sundaram. Delhi. K. Tata McGraw Hill N Sage Publication. Noorjahan. Indian Economy.(2004). Krishnamachari.(1987). Indian Economic Reforms. 8.N.T. Orient Longmans.Development Experience in Indian Economy. D. Economic Survey(2004-05) 13.(2002) Advanced Public Administration. Aditya and Marzit. New Delhi. Allied Publishers Private Limited.M. In Defense of Globalization. Raikhey (Ed) (1977). India International Centre. S. Sugata(Eds)(2004).S. The Indian Experience . New Delhi. Oxford University Press U.Sachs(2000.P.(1985). Meenakshi.A Fair Globalization. Bombay.S.A. 18. (1962). Dhingra Ishwar C (2006) . Bava . and P. 10. Bhagwati. 15. Brahmananda PR and V.(1992) Black Income in India Sage Publication. Inter-State Perspectives. Bookwell. 17.L. S. 9. Tidsell. Bawa R. 7.K. Edited by Sachs. Government of India. Clem and Sen. Goel. Panchmukhi (Eds)(2001). S.P. 11. New Delhi. Bhattacharya. ILO(2004). Chug. 14.S. New Delhi. 22.K. Indian Economy. Ram L. Fundamental of Planning in India. Amritsar.

Effects of Migration.3 Labour Turnover – Causes of Low Labour Turnover in India. their Settlement & Prevention Mechanism.11 UNIVERSITY OF PUNE M. Imparting and Flexibility in Labour Markets 5. 3.A. Introduction - 1. 1. Migration & Absenteeism 3.2 Nature. Causes . Remedies to Improve the Labour Turnover Topic 4. 1.1 Growth . 2. Organized. Theory of Collective Bargaining. Significance & Peculiarities of Labour. Effects and Remedies of Absenteeism.3 Wage Determination in Various Sectors. Concept . 2. Topic 5. Urban. 4. Structure & Achievements of Labour Unions in India 4.2 Concept of Minimum Wage and Fair Wage.4 Wages in Relation to Cost and Productivity 2.Rural. Industrial Relations:4. Unorganized and Informal Sector.5 Wage Policy in India Topic 3.2 Exit Policy .2 Absenteeism of Industrial Labour in India .1 Measures. Modern Theory of Wages.1 Meaning . Labour Market Reforms:5.1 Approaches to Labour Migration . Wage Determination 2. ECONOMICS (PART – I) Semester Pattern Revised Syllabus (From June 2008) Non-Core Course –Semester – I EC. 2.1 Marginal Productivity Theory. Scope & Importance of Labour Economics. Current Trends in Collective Bargaining.105 – LABOUR ECONOMICS Topic 1. Pattern .3 Characteristics of the Indian Labour Market Topic 2.2 Causes of Industrial Disputes. 3.3 Role of Tripartism.

Basic Reading List :Datt. C. G. Papola . Labour : Marketsin India . Publishing Corporation . Sage Publications/Response Books . Contemporary Labour Economics . Subrahmanya (Eds.R. R. And S. New Work. Ghosh and A. Sharma (Eds.L.R.N. ******** . New Delhi. (1966) .) (2000). Bargaining Power . Sage Publications. Venkata Ratnam. Miacmillan. Labour Restrucing in India : A Critique of the New Economic Policies . (1998) . New York.R.B. (2001) .D. Hajela.K.T. Brue (1986) . R. Srinivasan (Eds.and R. Sage Publishers . New York. (1988) .S. P. and T. Rosenberg M. New Delhi.3 Need of Safety Nets 5. The Unorganised Sector : Work Security and Social Protection . New Delhi Lester. New Delhi . Globalization and Labour Market. Employment and Industrial Relations in India .P. Labour . Globalization and Labour – Management Relations : Dynamics of Changes . Labour Markets in Low Income Countries in Chenery . New Delhi. McConnell.12 5.) The Handbook of Development Economics NorthHolland.S. Wages and Employment : An Analysis of Agricultural .N. H.4 Second National Commission on Labour. C. (1964) . Jhabvala. McGraw –Hill .P.) (1993). Commonwealth Publishers. B. Economics of Labour (2nd Edition).A.

Introduction 1. 4. Progress.Growth. Primary Agricultural Credit Co.2 Co-operative Sugar industry in Maharashtra.2 Nature and Characteristics of Co-operation.4 Principles of Co-operation. Suggestions. 1. . Problems. State Co-operative Bank.5 Co-operative Supervision – Need and Suggestions Topic 4. 4. Co-operative Audit and Training – 3.A.3 Rural Co-operative Credit Structure .4 Role of NABARD and Regional Rural Banks in Rural Credit. District Central Co-operative Banks. Their Working . Co-operative Movement – 4.1 Co-operative Act of 1904 and 1912 2. 3. Topic 2.13 UNIVERSITY OF PUNE M.5 Vaidyanathan Committee Report – 4. ECONOMICS (PART – I) Semester Pattern Revised Syllabus (From June 2008) Non-Core Course –Semester – I EC. Co-operative Legislation and Training – 2.1 History and Growth of Co-operative Movement in India.106 – CO-OPERATION . 3.4 Co-operative Training – Need.4 Co-operative Audit System .1 Definition and Objectives of Co-operative Audit 3. 4.3 Functions of Co-operative Auditor 3. Objectives and Problems Topic 3. it’s Weakness and Suggestions. Problems in Maharashtra and Suggestions. Problems and Suggestions 4.operative Societies .3 Recent Changes in Co-operative Legislations 2.THEORY & PRACTICE Topic 1.2 Types of Co-operative Audit.3 Importance and Benefits of Co-operation. Structure .6 Urban Co-operative Banks Present Position.2 Maharashtra Co-operative Act of 1960 2. 1. 1.Weaknesses and Suggestions.1 Different definitions of Co-operation.

R. Saxsena R. – Cooperative Movement in India.1983. – Theory. Merut. Sarup & And Sons. • Memoria C. – Principles . • Misra Baidhynath – Cooperative Movement in India A. New Delhi 1997.R . .D.Rural Credit and Agricultural Development. Cooperation in India.N. New Delhi . Anmol Publications Pvt Ltd. T. Bombay-1958. Kolkatta. • Bedi R.2 International Co-operative Alliance Basic Reading List :• Krishna Swamy D. ******** . – Rural Co-operatives in India. Alhabad.P. – Cooperatives growth and New Dimensions.H..D.1996. publishing Cooperation. Cooperative book depot. New Delhi 2000. • Kulkarni K.J. Bombay 1959.N. • Shakuntala Devi. New Delhi. Discovery Publishing House.Fundamental of Co-operation • Mathur B. • Haguh E.14 Topic 5. Delhi.S. Theory and Practice of Cooperation in India and Abroad.S.B.1 History and Growth of Co-operative Movement in Germany. • Hajela . Great Britain.M. . Sweden 5. Japan.Co-operation in India • Bannerji B. Problems and Practice of Co-operation in India. History and Practice of Cooperation International Publishing House. Kitab Mahal. • Jalal R. Co-operative Movement in Selected Countries – 5. Oxford University Press. • Tripathi S.Co-operative Movement in India Navjivan Printing Works.

2. multiplication etc. 5.3 Power of number. Topic III: Extensions to function of more than two independent variables 3.3 The relation between average and marginal concepts.2 Define integrals. 1. 1.1 Indefinite integral of algebraic.2 Transponse and inverse of matrices. ECONOMICS (PART – I) Semester Pattern Revised Syllabus (From June 2008) Non-Core Course –Semester – I EC. exponential and logarithmic functions.3 Polynomial functional Diagrammatic representation of higher order function of a single variable. Rank of a matrix. 6. and inverse Functions.1 Limits of functions.107 – Mathematical Economics Topic I: Review of concepts 1.2 Production possibility frontiers and its use in economics. constrained optimization. 5. 2.4 Binomial Theorem. Topic II: Functions of a single dependent variable: 2.4 Profit maximization in the different types of markets.5 Price discrimination by monopolist to maximize profits. 3. total revenue.4 Market demand. Implicit. 5.3 Solution of Simultaneous equation using matrices. 7. Topic V: Differential Calculus 5. 6. isoquants.2 Cobb-Douglas production function. Topics IV: Matrix algebra 4.4 Capital values under continuous interest. Topic VII: The concept of the differential 7.1 Homogenous functions and theorem. supply curves. 5. Topic VI: Integration 6. . Logarithms and their Properties. Equations and Inequalities. 6. Exponential and Logarithmic.2 Use of Graphs. 2.3 Derivatives of implicit functions.2 Explicit. Identities. 4.1 Elementary operations of addition. 1.1 The concept of Sets. the Real number system.2 Rules of Differentiation including product.1 Indifference curves.1 Algebraic. quotient. Sequences and their formulas. Continuity at a point and over and interval.A. Partial derivatives. cost functions. general production function.15 UNIVERSITY OF PUNE M. 4. and chain rule.

16 7.4 Liner differential equations of the first order.D.G. 7. Applications to demand and supply functions. Topic VIII: Growth models 8. interaction etc.: Mathematical Analysis for Economics Chaing A: Fundamental Methods of Mathematical Economics ******************************* . 7. consumer choice etc.5 Second order differential equations. Samuelson’s model of multiplier and acceleration.1 Harrod-Domar.3 Differential and Difference Equations. Books Allen R.

6 Human Development Index. 4.5 Components of Population Growth and their Interdependence.3 Optimum Theory of Population.2 .1 Population Trends in Recent Years.4 Policies related to Health. General Fertility Rate. Topic 2. Reproduction Rate.1 Demography .2 Evolution of Population Policy 3. 1. Scope and Importance.4 Theory of Demographic Transition 1.A. 4.108 – DEMOGRAPHY Topic 1.1 Population Trends in Recent Years in India.4 Crude Death Rate – Infant Mortality.5 Determinants of Age and Sex Structure – Age Pyramids and Projections. Family Planning Programmes and its Consequences 3. 4.3 Measures of Crude Birth Rate.3 Growth of World Population . Nature. Gross Reproduction Rate and Net Reproduction Rate 2. 1.3 Woman Empowerment. ECONOMICS (PART – I) Semester Pattern Revised Syllabus (From June 2008) Non-Core Course –Semester – I EC.1 The Concept of Quality of Population 2.Meaning. Training. 3.Trends in World Population 4. Topic 4.2 Factors affecting Quality of Population 2. Demography - 1.2 Malthus Theory of Population 1. Population and Economic Development. Total Fertility Rate. .Developed and Developing Nations.Population in India - 3. Life expectancy Topic 3. Gender Equality.4 Pattern of age and Sex Structure in Developed and Developing Nations.17 UNIVERSITY OF PUNE M. Population Explosion 4. Measures and Quality of Population - 2. Education. Nutrition. 4.

Co. Sage. Kanishka Publications . New Delhi. (1971) .M. Hoover (1958) . Fertility in India . Bogue. Princeton. (1972) . Population Growth and Economic Prospects. Bombay Bose. Princeton University Press. Development in Low Income Countries : A Case Study of India’s Princeton University Press.J. India : Towards Population and Demographic Goals . (1988).. New Delhi. 1 & 2 Elsevier. and T.C. K. Sryrock . Vol. H. New York.et. al (1973).) (1989).N. Amsterdam . US Department of Commerce. and L. Chenery H.A. A (1996) India’s Basic Demographic Statistics. Coale A. .L. Srinivasan. S. (1992) Population and Development in Poor Countries. (2000). New Delhi. Srinivasan K and A. D.K. Choubey. J. The Methods and Materials of Demography. Hand Book of Development Economics . Shariff (1998). Tata McGraw. Oxford University Press.C. Principles of Demography. India’s Population Problem . An Econometric Study of a Metropolis. New Delhi.N. Basic Demographic Techniques and Applications Sage.18 Basic Reading List :Agarwal S.Hill. (1998). B. Population Policy in India.P. Gulati . Srinivasan (Eds. New Delhi. John Wiley . Washington D. J. Simon . et. Publishing Corporation .

ECONOMICS (PART – I) Semester Pattern Revised Syllabus (From June 2008) Core Course –Semester – II EC. 2.1 Perfect Competition . 3.6 Cournot’s Model and Chamberlin’s Model of Oligopoly. Equilibrium of the Firm and Industry.7 Kinked Demand Curve in Oligopoly.2 Marris’s Managerial Model of the Firm. 2. and Price Regulation Topic 2.2 .2 Critique of Chamberlin’s Theory of Monopolistic Competition 2.1 Baumol’s Model of Sales Revenue Maximization. 1.3 Excess Capacity under Monopolistic Competition 2.19 Semester – II UNIVERSITY OF PUNE M.5 Oligopoly – Price and Output Determination.4 Selling Cost.Features.A.3 Comparison between Monopoly equilibrium in and perfect Competiton Equilibrium 1.Price and Output Determination.4 Discriminating Monopoly – Price Discrimination. . 2. Topic 3. 2. Price & output Determination (I) 1. 1.5 Regulation of Monopoly – Through Taxation. Equilibrium under Discriminating Monopoly. Alternative Theories of the Firm – 3. 2.9 Duopoly – Price and Output Determination.8 Game Theory of Oligopoly. Monopoly: . Price Determination. 2. 1.1 Monopolistic Competition – Price and Output Determination.201 – MICRO ECONOMIC ANALYSIS – II Topic 1. Price & output Determination (II) 2.

2 Euler’s Theorem and Product Exhaustion Problem or Adding up Problem.3 Modern Theory of Rent. 5. 5. 4. Modern Economic Theory. 4. S. Mc Gram Hill. Prentice Hall of India. S.1 Pigou’s Theory of Welfare Economics 5. New Delhi Dewett K.4 Wage Determination under Collective Bargaining.A. Revised Edition 2005..R. U. Addison Westey Publishing Company. Topic 4. Ahuja H.L.(1990) A Course in Micro Economic Theory Princeton University Press.S.7 Dynamic Theory of Profit. (1996) Theory of Price. Samulson P. Innovation Theory. Risk and Uncertainty Theory. New Delhi. Nordhaus (1998) Economics 16th Edition Tata Mc Gram Hill. Chand & Company Ltd. Layard P. IS-LM Curve Model.3 Bergson – Samulson’s Social Welfare Function. 4. 2008. .Chand and Company Ltd.A. Prencetion.W. Kreps David M. Inc. 4.G.5 Fixation of Minimum Wage. Walters (1978) Micro – Economic Theory.6 Modern Theory of Interest.20 3.K. and A.1 Marginal Productivity Theory. New Yark.3 Williamson’s Managerial Model of the Firm.2 Conditions of Pareto Optimality. Modern Economics 13th Edition. 5. Factor Pricing – 4. Topic 5. 4th Edition.4 Arrow’s Impossibility Theoriem. Basic Reading List :Michael Perkin (1996) Economics 3rd Edition.. 4. Welfare Economics. 4. and W. Stigler G. New Delhi.O.

Quandt (1980) Microeconomic Theory. New Delhi. Ltd. McGraw Hill. North Holland. (1957) Theoretical Welfare Economics.and Bruse (1984) Welfare Economics. Bain J. Ahuja H. Busil Blackwell. Amsterdam. Topic 2 Hirshleifer J. 13th Edition. (1971) Theory of the firm. Topic 3 Broadway R. (1958) Barriers to New Competition. London. A. New Delhi.Glazer (1997) Price Theory and Applications. (1999) Micro Economics Theory and Application .W. (2003) Advanced Economic theory: Microeconomic Analysis. Topic 4& 5 Mishan E.Chand and Co. De V. Harrard University Press. ******** . Cambridge University Press. Cambridge. (1969) Welfare Economics: an Assessment. and Bruce (1984) Welfare Economics. Penguin. Oxford University Press . A Mathematical Approach. New Delhi Broadway R.W. Graff J. S. and R.J.New Delhi. Prentice Hall of India. London. Topic 1 Archibald G. and A.M. Harmondsworth. Henderson. Harvard.C.L. Busil Blackwell.E.21 Sen A.

Multiplier & Crowing Out Effects. 4. State and Local Bodies since 1991.4 Public Debt Policy Since 1991. 3. Presentation and Execution of Budget. 2. 4. Federal Finance. 1. ECONOMICS (PART – I) Semester Pattern Revised Revised Syllabus (From June 2008) Core Course –Semester – II EC.2 Trends in Expenditure of Union . . Fiscal Policy – 4. Topic 4. 4. Revenue. State and Local Bodies since 1991.4 Effects of Deficit Financing on Indian Economy. Deficit Financing - 3.Indicators. Causes.3 Economic Classification of Budget 1. 1. Expenditure and Public Debt.6 Indian Fiscal Imbalance .4 Budget Deficits and Their Implications. 4. 2.1 Budget – Meaning and Components.- 2.202 – Indian Public Finance Topic 1. 3.5 Indian Fiscal Policy since 1991.5 Reforms in Direct and Indirect Taxes Topic 3.1 Trends in Revenues of Union . 4.2 Trends in Different Types of Deficits Since 1991.3 Burden of Public Debt on Indian Economy 2.2 Interdependence of Monetary and Fiscal Policies. 3. Effects & Remedial Measures.1 Meaning and Objectives of Deficit Financing. Government Budgeting - 1.A.3 Deficit Financing in India.4 Balanced Budget.1 Meaning and Objectives. Topic 5.22 UNIVERSITY OF PUNE M.3 Automatic Vs Discretionary Stabilizers. 2.2 Preparation. Topic 2.5 Assessment of the Recent Central Government Budget. 3.

Jai Prakash Nath Pub.American Economic Assiciation (1955) Readings in Fiscal Policy.23 5. New Delhi. Principles of Public Finance and Fiscal Policy Himalaya Publishing House. Bombay.2 Assignment of Functions & Devolution of Resources and Grants.L. Studies in Public Finance. Vora and Co.N. Ashish Publishing House.India Public Finance 1.N. Topic 4. Himalaya Publishing House. Zero Base Budgeting Technology in Government. Some Aspects of India’s Tax Structure.1 Principles of Federal Finance. Allahabad.Chand and Company Ltd. Sundharam (2006). New Delhi.M.Tyagi B.Ruddar Datt and K. Macmillan India Ltd. 5. (1967). Bombay.Gandi V.Mithani D. & 5 .Meerat (UP).Ashutosh Raravikar. Chandausi.M.4 Transfer of Resources from Union to States. (1976). Public Finance. (1991). The Theory and Working of Union Finance in India. Joshi P. Indian Public Finance.Bhargave R.D. Indian Economy. Indian’s Fiscal Crisis. .N.5 Recommendations of Eleventh and Twelth Finance Commissions. 3. ******** .Dr. Public Finance in Underdeveloped Countries.6 Centre – States conflicts on Finances Basic Reading List :.S. B.Bhargave P. Dhruv and Deep Books.P.Tripathy R. 4. Asia Publishing House New Delhi.K. New Delhi. 5. .Sheth C. Fiscal Deficit and Inflation in India. 5.Nanjundappa D. 5. . .M.Bhargave R. Vora and company. . George Alien and unio. Topic 3. Taxation of Agriculture in India.3 Vertical and Horizontal Imbalance.C.Dr. 6. 5. New Delhi. Theory and Practice of Public Finance. S. (1969).P. 2. Bombay.Bhargave P. Chaitanya Publishing House. 5.P. New Delhi. London. Topic 1 . Topic 2 .K. Shargava and Sons. (1970)..

5. Past and Present 1.A.4 Flowers 2. 4. 2. Topic 2 Agricultural Export.24 UNIVERSITY OF PUNE M. ECONOMICS (PART – I) Semester Pattern Revised Syllabus (From June 2008) Core Course –Semester – II EC-203 Indian Agricultural Problems and Policies ___________________________________________________________________________ Topic 1 Agricultural policy and impact.4 Unemployment Problem.2 Agricultural Problems in Maharashtra State. 4. 1.5 SEZ policy.3 Recent Indian Agricultural Labour Policy & its comparison with World. 3.2 Issues of Agricultural Subsidies.2 Fruits 2.4 Efficiency of service Sector in relation to Agriculture. Grain crops. 3.1 Agreement on Agriculture under WTO.4 Ceiling on land holding policy. 1.6 EXIM Policy.1 Problems of Agricultural labour.3 Impact of WTO on Agriculture. Topic 4 WTO and Agriculture.1 State Policies & Central Policies.2 Central policies comparison with world. 4. Milk. ornamental plants.1 Vegetables 2.3 Spices 2. 3.2 Efficiency of Agriculture labour. 1. 5. 1.Import Polices – history and recent changes 2.5 Medicine.3 Problems of Agricultural exports – imports . Topic 5 Indian Agricultural Problems. Silk. 3.3 Impact of mechanization on Agricultural labour.1 Recent Agricultural Problems in India 5.5 Employment Guarantee Scheme.2004-09 Topic 3 Agricultural labour. 4. 3. Meat.

5. Academic Foundation (2003) 7.P. Misra S. M. Sagar . Combries University Press. 8. Agrawal A. B.N. New Delhi.I & II 12. 9. Singh Acharya. maukuMd gaayakvaaD ‘ BaartIya kRYaI Aqa-vyavasqaa ’ k^nTInTola p`kaSana. Datt R. New Delhi 2005. Chand & Co. Development Issues of Indian Economy (2003) Manan Prakashan. S. Ajit Singh and Tabatabai .P. Ltd. 10. 06. Gazzate of Government of India.Indian Economy Today – Problems Planning and Development. Dewett Kewal : Indain Economy C.Sustainable Agricultural Poverty and Food Securities. Oxerpert University Press. Ltd. Kapila Uma (ed) Indian Economy Since Independence. singh. Indian Economy Problem of Development and Planning.25 Reference Books 1. : Indian Economy Today Changing Contours. 2. 2005. & K. (1999). 05. Mamoria C.Chand & Co.P.N. (2004) Deep and Deep Publication. Da^. 14. 4. (2002) Rawat Publication Jaypur Vol. ************************************************** . Johnson P. & V.Trade Liberalization of Indian Agriculture. 6. Deep and Deep Pub. 2008 3. 13. Gulati & Kelley .Puri (2007) Indian Economy – Himalaya Publication house Mumbai. Singh .A.M.B.K.K.Economic crisis and Third world Agriculture. 11. Sundharm (2007) Indian Economy. Agricultural Problems of India Kitab Mahal Pub.

Scope.4 Measures required for Improving Productivity and Efficiency. Industrial Finance:- 4.3 Importance of Productivity in the Competitive Environment. Weber. Introduction - 1. Debentures. External Commercial Borrowings. Industrial Productivity & Efficiency 3.2 Theories of Industrial Location. ADR.A. 3.3 Foreign capital : Need for Foreign Capital.1 Productivity . Bonds.1 Meaning .Private Sector. Village Industries. Public Sector.Norms and Measurement 3.Theories of Industrial Location of Public Sector 2.2 Sources of Industrial Finance : Private. Euro Issues.3 Industrial Imbalance.1 Meaning. . 2. Industrial Combinations . GDR. Public and Co-operative Shares. Disinvestment Policy.204– INDUSTRIAL ECONOMICS Topic 1. Medium & Small Scale Industries. Causes and Measures. 4. Role and Problems Industries.26 UNIVERSITY OF PUNE M. ECONOMICS (PART – I) Semester Pattern Revised Syllabus (From June 2008) Non-Core Course –Semester – II EC. 1. Topic 4. Foreign Institutional Investment. Scope. Governments Policy towards Sector - Foreign Capital.4 Need for Balanced Regional Development of Industries.Causes.2 Factors affecting Productivity and Capacity Utilization 3. Effects of Industrial Monopoly.1 Factors Influencing Location of Industries. Loan etc. Importance of Industrial Finance 4.3 Integration. Sargent Florence 2. Deposits. Direct Investment . Large. Topic 3. 1. 2. Need & Significance of the Study of Industrial Economics. Topic 2 . Mergers & Amalgamations.2 Industrial Profile .

Allahabad. 1977. (1999). Trends in Industrial Growth after 1991. 4. Jones et.J. (1985) . and R. (1994) . London.6 Performance & Problems of Small Scale & Cottage Industries in India. al.R. Hay D. Mumbai. Allen and Unwin Ltd. Desai. Industrial Economics Theory Oxford University Press. Industrial Economics . Oxford University Press New Delhi .N. New Delhi. (1980) . Hamalya Publishing House.Bombay. Cherunilam. Kuchhal S.27 Topic 5. An Introduction to Industrial Economics. 4.4 Brief Outline of Industrial Policies of 1948..C. Government of India . Indian Industrial Growth. and Evidence. George. Report on Currency and Finance ( Annual) Singh.J. Wiley Eastern Ltd. Industrial Economics in India (3rd Edition). A and A.M. F.7 Role of MNC’s in India. Industrial Economics.(1976). 4. (1985) . Himalaya Publishing House.5 Industrial Policy – 1991. Economic Survey (Annual).J. ********************************* . Reserve Bank of India . P. Barthwal R. Mumbai. Divine . 4. Chaitanya Publishing Houses. New Delhi. Industrial Economics : Indian Perspective (3rd Edition).. 1956. Morris (1979) . and D. Sandhu (1988) . Basic Reading List Alhuwalia I. Industrial Economy of India (5th Edition) . Industrial Growth in India. B. Himalaya Publishing House.

28 UNIVERSITY OF PUNE M. Introduction - 1.1 3.3 2.2 Structure of Rural Economy 1. Rural Industrialization.3 Small Farmers Development Agency 4. ECONOMICS (PART – I) Semester Pattern Revised Syllabus (From June 2008) Non-Core Course –Semester – II EC.2 3. Dandekar’s Approach to Rural Development Topic 2.4 3.5 3.1 2.3 3.5 National Rural Employment Guarantee Programme .2 Employment Guarantee Scheme 4.4 Scope and Importance of Rural Development 1.4 2.1 Food for Works Programme 4.Objectives and Assessment of Programmes / Schemes 4.M. Employment in unorganized sector Topic 4.A. Causes Relief Measures Role of SHGs and Micro Finance in this context. 1. Causes and Remedies Rural Unemployment .205 – RURAL DEVELOPMENT Topic 1.5 V. Dimensions of Rural Development - 2.Nature.5 2.2 2.3 Concept of Rural Development. Programmes of Rural Development .4 Marginal Farmer and Agricultural Labour 4.6 Agricultural Growth in India Irrigation Green Revolution Agrarian Reforms Rural Electrification Rural Transport Topic 3. Causes and Remedies Rural Indebtedness – Magnitude. Poverty and Unemployment 3.6 Rural Poverty – Nature.1 Nature of Rural Economy 1.

6 TRYSEM (Training Rural Youth for Self Employment) 4.B. Report on SFDA .I. 18) Datt .Various Issue – R. S. New Delhi 11) Wadhawa C. – Poverty in India 2) Sharma Anju – Dynamics of Cropping Pattern 3) Government of India – Evolution of Community Development Programme in India 4) Desai. Himalaya Publishing Company .B Part – I 17) Mishra Puri – Indian Economy. – Regional Rural Banks 12) R.R. – Fundamentals of Co-operation 7) Mathur B. New Delhi. 19) Statistics on Indian Economy .I. – Indian Rural Economics Vikas. Vasant . and Rath . New Delhi) .B. Economic Division Economic Survey.9 Employment Assurance Scheme 4.Chand and Company.R. New Delhi 1996.I.I.T. (Mumbai) 20) Government of India. – Agricultural Reforms in India 10) Jain S. Scrap & Sons.B. – Community Development in India 6) Krishanaswamy D.Co-operation in India 8) Parthasarathy – Green Revolution in India 9) Jain P. Sundaram .7 Special Component Plan for SCs 4. Mumbai 14) Maheshwari S.I.Study of Rural Economics. 16) Patodiya Mohan S.A. Ministry of Finance. – Rural Development in India 15) Shakuntala Devi – Rural Credit and Agricultural Development. 21) Government Maharashtra .29 4.C.10 Swarn Jayanti Gram Swarozgar Yojana Basic Reading List :1) Dandekar V.8 Tribal Development Programme 4.I.Rural Economics for C.B.R..M.Various Issues. . Report on MFDL .P.Indian Economy . New Delhi. Economic Survey and Maharashtra Various Issues .S.I. Himayala Publishing House. 22) Aftab Uddin Ahmed and Kanakkanti Bagchi – Adoption of New Technology and Agricultural Development (Abhijeet Publications . Mumbai 13) R. .B. Mumbai. 5) Krishanamurthy V.D. N.

New Delhi) 24) Sanatan Nayak – Irrigation and Economic Development (Abhijeet Publications. New Delhi) ******************************* .Administration for Rural Development Programme in India . (Abhijeet Publications.30 23) Kanak Kanti Bagchi – Employment and Poverty Alleviation Programmes in India – An Appraisal (2 vols) (Abhijeet Publications. New Delhi) 25) Gagam Kumar Singh .

Application of Internet (WWW. B2B. Topic 5. Input-output devices. Authentication and validation transaction processing.A. accessories).2 Application of Network. data storage and retrieval. Floppy disk and CD ROM. Types of Network. Data sharing and decimation 4.2 Components of the Windows Operating System (Desktop.2 Document and transaction security and digital signature.31 UNIVERSITY OF PUNE M. B2C. Function. hard disk. Goals of Network.1 Computer networking and resource sharing.4 Use of Internet in Research. Topic 2.1 On line Banking: ATM’s Electronic stock exchange. 2. Network topology. MS-Chart . 3. C2B and G2B models and their applications.2 Electronic transaction . . 1. 2. software and firmware.2 Types of computers and their applications. 1. Introduction to Computers and Peripherals 1. Introduction to Networking and Internet. mouse & Scanner.206 . video display. 3. Types of operating System (Windows XP). primers and plotters. ECONOMICS (PART – I) Semester Pattern Revised Syllabus (From June 2008) Non-Core Course –Semester – II EC. Application in Commerce 5. 1. Information.3 Introduction to Spreadsheet (MS Excel) Basic. Document delivery .3 Hardware. 3. Topic 3. Sorting and Filtering of Data. Topic 4. 3. Different type of menu. keyboard. Introduction to Operating System 2. E-mail).4 Concept of data.COMPUTER APPLICATIONS IN ECONOMIC ANALYSIS Topic 1.1 Basic components of computer – CPU. Control Panel. Electronic trading.1 Electronic trading and marketing on line shopping and malls.3 Introduction to Internet. Application in Finance & Economics 4.1 Introduction to Operating system. 5. Taskbar.

New Delhi . Prentice Hall of India . 4) Wood. Total – 100 Marks Basic Reading List :1) Rajaraman . Broadman Associates. Computers Today. NJ. ******************************** . (1983). Englewood Cliffs.B. Economic Models. M. 3) Techniques and Applications . (1988). 2) Sanders D. Delhi. Practical panel Will be given by University of Pune 3) Annual Theory paper will be – 60 marks for 2. M. Introduction Computer Security.32 Evaluation System of the Paper 1) Term End – 60 Marks : Converted into 20 marks.D.(1978).H. Fundamentals of Computers . V. (1996) . McGram Hill (3rd Edition) Intrilligator.. Prentice Hall .30 Hours. 2) Practical – 20 marks Minimum 6 Practical to be completed.

Parameters and Statistics.2 Cyclical. Topic IV: Probability Distribution Function 4.1 Sample and Population. Marginal and Conditional Probability under conditions of certainty and uncertainty. ECONOMICS (PART – I) Semester Pattern Revised Syllabus (From June 2008) Non-Core Course –Semester – II EC. 5. 5. 5. 2. 5. 3.4 Measures of skewness and peaked ness. 6.207 – Statistical Techniques Topics I: Descriptive Statistics 1. mode.6 Tests of significance. 5. 3.5 Probability Distribution.A. 1. 6.3 Correlation and regression analysis. Poisson. discrete and continuous and Expected values. Organization and Presentation of Data.33 UNIVERSITY OF PUNE M. Events spaces. Topic II: Sampling and sampling methods 2. distribution. Topics VI: Time series 6.2 Measures of central tendency and dispersion. standard deviation. 3.1 Binomial. chi-square. seasonal and random components.3 Point and Interval estimation. t-test. variance.1 Nature and decomposition of a time series-trend.2 Variables and Attributes. 4.4 Null and Alternate Hypothesis.1 Collection.2 Normal t-test. median.2 Joint.4 Addition and Multiplication Theorems.mean. Topic V: Statistical Estimation and Testing of Hypothesis 5.3 Random variable: Expectation and Distribution. 1.3 Types of sampling Topics III: Theory of Probability 3. 1.1 Types of estimators and their properties.3 Fitting trend curves. covariance and correlation coefficients. 3. .2 Sampling distribution for sample mean and Proportion. 2. Confidence limits and Critical Region. sampling and non-sampling errors.5 Level of significance and Level of confidence.1 Probability.Type I and II errors.

1 Laspeyer’s. P. Paasche’s and Fisher’s Indices Books Croxton and Dudley: Applied General Statistics Gupta S.34 Topic VII: Index numbers 7.: Applied Statistics ************** .

2 Social Investment and Economic Growth 1. 4. 4. Topic 4 Social Capital and Social Policy 4.1 Introduction to the Sociology of Development 1.4 Planning and aid Topic 6 Social Development and the Environment Topic 7 Population and Social Policy in an International and Indian context .3 Foundations of Social Theory Topic 5 Community Development 5.35 UNIVERSITY OF PUNE M. 3.2 Redistribution with growth and basic human needs.4 Theories of Development Topic 2 Social Development Theory and Policy II: Marxism.2 Asset Vulnerability Framework.3 Theories of Underdevelopment 1. ECONOMICS (PART – I) Semester Pattern Revised Syllabus (From June 2008) Non-Core Course –Semester – II EC.2 Case Studies : Indian context 5.1 What is Social Capital.3 Overseas Development Assistance and Social Planning 5.A. Post-Marxism and PostDevelopment Topic 3 Social Development Theory and Policy III: Basic Human Needs 3.1 Post-modernization approaches to guided development during 1970s and 80s and their implications for state intervention and social policy.208 – Community Development and Planning Topic 1 Social Development Theory and Policy I: Modernization and Dependency Theories 1.1 Community Development practices 5.

Development Theory : An Introduction. Gower. Blackwells.1993 D Lal. Vol.pp 173-204 ********************************************************************* .1983 P Streeten. Making Democracy work.36 Basic References: • • • • • • • M Hardiman & J Midgley . NEW Jersey.1996 R Chambers.1983 PW Preston. The Poverty of Development Economics. Introduction to the Sociology of Development. 7. First Things First: Meeting Basic Human Needs in Developing Countries. Macmillan. Princeton University Press.No.1989 A Webster. ‘Poverty and Livelihoods: Whose Reality Counts?’ in Environment and Urbanization. 1.1981 R Putnam. The Social Dimensions of Development. April 1995.

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