P.G.

COURSES (2005-2006) SEM Code Title of the Course Cate Hr C MC MC MC MC MC ES MC MC MC MC SU SU ES ES SU MC MC MC SU SU ID CO MC MC MC 5 5 5 5 6 4 4 5 5 6 6 4 4 4 4 1 6 6 6 4 4 4 4 6 6 6 3 3 4 4 4 3 3 3 3 4 4 3 Economics Commerce MT2 90 1 Mathematical Methods EC29 5 1 Principles of Marketing Management EC29 5 2 Indian Economic Planning and Policy EC29 0 2 Basic Economics III EC38 0 8 Monetary Economics EC38 0 9 Public Economics – I EC38 1 0 Research Methods in Economics Statistical Methods EC39 0 0 Investment Management EC38 7 5 Advanced Econometrics EC39 2 5 Comparative Economic Systems IV EC48 0 7 Por tfolio Theory and Investment Analysis EC48 0 8 Public Economics – II EC48 0 9 Indian Economic Development and Policy EC48 1 0 EC48 1 1 Project (or) Entrepreneurial Economics MC 6 4 3 Mathematics Economics 3 3 3 Economics English Literature 3 3 3 3 Statistics Economics 3 Economics Statistics 3 Eco.& Stat Economics 3 Economics All 3 3 3 Offered

DEPARTMENT

OF

ECONOMICS

I

EC18 0 6 Microeconomic Theory – I EC18 0 7 Macro Economic Theory – I EC18 0 8 Environmental Economics EC18 1 0 International Economics EC19 5 0 Social Economics EC19 5 1 Agricultural Economics

EC18 0 9 Mathematics and Statistics for Economists MC

II

EC28 0 4 Microeconomic Theory – II EC28 0 5 Macro Economic Theory – II EC28 0 6 Labour Economics and Industrial Relations EC28 0 7 Econometrics EC29 0 0 Managerial Economics

PG

SYLLABUS

Effective from the Academic Year 2006

LOYOLA COLLEGE
Autonomous College Conferred with Potential for Excellence by UGC Accredited at A+ by NAAC

Chennai - 600 034

0

1

2

PDF created with FinePrint pdfFactory trial version www.pdffactory.com

Misra and V. 1979 Blair.K. Chopra. 2000 Wagner. 2001 EC1807 MACRO ECONOMIC THEORY – I SEMESTER : I CATEGORY : MC CREDIT NO. Uniqueness and stability of equilibrium: Walras and Marshall (12 hours) REFERENCES: 1. the Mac Millan Press 2000 14. E.. 1989. Gardner. S. monopoly and monopolistic competition – Existence. and R M Cyert. Baumol..K. ii. 1989 8. Feguson.. Acley. Mansfield. Puri. Hey. London: Oxford University Press. (12 hours) Unit V : Market structure: Perfect competition. To reflect the changing tone and emphasis that emerge from the past decade of macroeconomic events and scholarly research Unit I : Classical Macroeconomics and its limitations – New Classical economics (12 hours) Unit II : Keynesian Macroeconomics – Consumption function – Keynesian-Classical synthesis – Patinkin and the general equilibrium approach – New Keynesian Economics ( 1 2 hours) Unit III : Investment Demand – Classical and Keynesian theories of investment – Neo-classical investment theory (Jorgenson) – Financial and Acceleration theories – Extension of the static model to include government and foreign sector (12 hours) Unit IV : Disequilibrium macro models – Macroeconomics when markets do not clear – Introduction to a representative agent model (12 hours) Unit V : Rational Expectations – Lucas critque – Theories of inflation – Phillips curve analysis – NAIRU curve (12 hours) REFERENCES: 1. William J. Applying Micro Economics Principles. OF HOURS / WEEK : 3 : 5 Objectives i. “Readings in Price Theory (American Economic Association). Reading in Applied Micro Economics. Kenneth E and George J Stigler (Eds). 4.. “Modern Micro Economics”. L W. Boulding. J. L and Baltazzis. Hicks. To update the recent developments in micro economic theories. 3. J R.com . (Newyork: MacMillan Publishing Company 1978) 4 1 PDF created with FinePrint pdfFactory trial version www. Micro Economics for Managerial Decision Making. 12. Current Issues in Micro Economics. Breit. 10. Cohen. Inc. R D and Kenny. W and Hochman. K. R J and Spector. 13.EC1806 MICRO ECONOMIC THEORY – I SEMESTER : I CATEGORY : MC CREDIT NO. J D. ed. Singapore. Macroeconomics Analysis: Theory and Policy. P N. OF HOURS / WEEK : 3 : 5 Objectives i. Koutsoyiannis A. methods and laws of economics – functions of economic systems – static and dynamic analysis (12 hours) Unit II : Consumption: Marshallian and Hicksian utility analysis – Derivation of demand curve (Samuelson. 1978. 1982 6. Hicks) (12 hours) Unit III : Choice under certainty – Neumann-Morgenstern Utility theory the Friedman Savage Hypothesis –The Markowitz Hypothesis (12 hours) Unit IV : Production and costs: Variations in factor proportions – variations in scale – meaning of production functions – costs curves under different periods – cost minimization. “Economic Theory and Operations Analysis”... H M. “ A Revision of Demand Theory”. N. 1982 5. C E Johr P Gold Jr and Edward P Lazear. Illinois: Richard D Irwin. 1956. 9. Micro Economics. New Delhi: Prentice Hall of India.. 1986 7. L C. Unit I : Definitions. 1952. 1973 Kieffer. “Microeconomic Theory” Homewood. London: George Allen and Unwin Ltd. “Advanced Micro Economic Theory”. New Delhi: Prentice Hall of India 1976. Readings in Micro Economics. bringing in new ideas: and ii. To instruct what is established and useful in macroeconomics. To get familiarity with the basic concepts pertaining to consumer and product markets. “Theory of Firm: Resource Allocation in a Market Economy” . 3 11. Micro Economics: Theory and Applications.pdffactory. 2.

Long man group Ltd. 120. Cambridge University press 5. (1979). Kneese. Cambridge Unviersity Press. Rana. William H. (2000) Economic Development and Environmental gain. S. 1996.” Journal of Economic Perspectives. Environmental Economics. (12 hours) Unit V : India’s and International Environmental Polices Environmental education and training in India – Constitution protection on pollution – Wild life policy . J (2002). Branson. Ian. OF HOURS / WEEK : 4 : 5 Objectives i. Advanced Macroeconomics. Issue 3. Ridley. Vol. Articles by Romer. Macroeconomic Analysis ( New Delhi: Golgotia Publications Pvt. Mass: M.. 4. pp.T. Barro. D.W. Issue 3. Prentice Hall. Economic Growth. Solow.E. David. ed. Unit I : Environmental Economics – an introduction Definition – scope of environmental economics – environmental segments – Ecology and Eco system – Organisation and structure of Eco system – Services of the environment – Material balance model – Ecology and economic development (the debate) (12 hours) Unit II : The Basic Theory of Environmental Economics Market failure and externality problem – Alternative solutions to the externality problem – Environmental quality as a public good – Income distribution aspects of environmental policy. M J C. “Symposium on New Growth Theory. M. McGraw-Hill. 6 PDF created with FinePrint pdfFactory trial version www.R. 2.. Macro Economic Theory and Policy (New York: Harper and Row Publishers 1972) 4. Texere 7. Ian and L. policies. 12. Macro-Economic Analysis. Taussig M. (2002) Technology and the Environment’ The case for optimism: Focus. 9.I. Robert J. Mauriec. Fischer.J. 6. Environmental Economics Applications: A Cost Benefit analysis. 52.2. 7. Wassily (August 1970). Shapiro. 8. S. Blanchard and S. and W. Boumal. 11. Allen V and Ayres.com . Vol. Applying Economics to the Environment. O. (12 hours) Unit IV : Environmental Planning and Management Importance of environmental planning and management – Role of the government in environmental management – Poverty Vs environmental quality – Environmental resources management – Environmental appraisal of development plan. 59. Pearce. Grossman-Helpman.. and Kofi Annan.J.. Earth Scan Publication Ltd. Seneca. New York: McGraw-Hill. Leontief. Allen. To grasp how ecology and economic development influence one another. Surrey. The Theory of Environmental Policy. London: Oxford University Press. (12 hours) REFERENCES: EC1808 ENVIRONMENTAL ECONOMICS SEMESTER : I CATEGORY : MC CREDIT NO. Winter 1994. (June 1969). (1998). 262-271. Oxford University Press 3. pp. Macroeconomic Theory: A Mathematical Treatment (London: MacMillan Publishing Company 1968) 3. Robert U. (1997) Environmental Economics. Cambridge. Macroeconomic Themes: Edited Readings in Macroeconomics with commentaries.Forest policy and other important legislation in India – Pollution as a transfrontier problem – International agreements. conferences and acceptances. (1995). David and et al. 1988) 5. K C. 6. Edward. 1976. N. Verma. Allan Winters. and Pack. 1998 10. (2001) ‘ Where on Earch Are we going?’. W. Environmental Repercussions and the Economic Structure: AN inpit-output Approach – The Reivew of Economics and Statistics. Goldin.pdffactory. Cambridge Unviersity Press. 10. Edward Elgar Publishers Ltd. and Xavier Sala-i-Martin. (12 hours) Unit III : Policies and Strategies on Environmental Protection Pollution as an economic problem – Basic approach to the problems of pollution control – Allocation of property rights – Coase theorem 2 5 1. The Economics of Sustainabale Development. 7-14. Oates. New Jersey. Press. 9. Cliffered. Ltd.. C. 282-297. R G D.K. Lectures in Macroeconomics. (1990) Sustainable Development: Evonomics and Environment in the Third World. Romer. Joseph. Production Consumption and Externalities – The American Economic Review. 1995. (2001). To understand the existing environmental (related) policies for improving the quality of life. and K. Vishal Publications. Peearce. 8. 1989 – Market based environmental laws in practice. Keith. ii. J.

1998.Kapoor. and V.K. Macmillan India Ltd. 8. Sultan Chand and Sons. Ltd.C. Unit I : The basis of trade (old and new theories) – Comparative advantage Terms of trade and Offer curve – Product Cycle and Strategic trade theories – Trade as an engine of growth and theories of underdevelopment in an open economy. 1990. (15 hours) Unit V : Trade. To evaluate the policies pursued by various economic bodies in international economics. Addison Wesley Publications. OF HOURS / WEEK : 4 : 6 Objectives i to strengthen the quantitative background of the learner. Statistical Methods. – Impact of liberalisation on the pattern of trade – India’s external borrowings – the debt problem – Exchange rate of rupee – devaluation. Francis. 1997.B. Allen R G D. 1971. Madnani. Mathematical Optimization and Economic Theory. McGraw Hill Inter national Students Edition.. Characteristic roots and Quadratic forms. and Normal distributions. and ii.C and G. income adjustments under fixed exchange rates – theories of policy mix – exchange rate adjustments under capital mobility – Floating rates and their implications for developing countries currency boards. Unit V : Theoretical Distribution: Binomial. (15 hours) Unit IV : International institutions – IMF and IBRD – WTO – Trade blocs and monetary units. 6. Kindleberger. (15 hours) Unit III : Balance of payment adjustments – Alternative approaches – Price versus income..M K.. Sultan Chand and Sons.P. Linear Algebra. 1997. To understand the theories governing international trade. Hong Kong: Macmillan Education Ltd. Cherunilam. 1985. New Delhi: Wheeler Publishers. 2. Fundamentals of Applied Statiatics. 3. 1973 3. 1997. Intrilligator M. Fundamental Methods of Mathematical Economics. Unit III : Convex and concave functions: Optimization TechniqueMaxima and minima-First and second order conditions-Utility and /Profit Maximization-Cost minimization. (15 hours) Unit II : Forms of Protection.S. Gupta S.Tests of Hypothesis: Student’s t-test. 7.. 2. Sultan Chand and Sons. Poisson. Bo and Geoffery Reed. Mehta. Hadley G. Prentice Hall. Charles. International Economics.Streling Publishers Pvt. Grewal P Methods of Statistical Analysis. International Economics. International Business.pdffactory. depreciation and effects on balance of payments – Gold imports and gold policy – Convertibility on current and capital accounts – Rupee in an open economy – Integration of Indian economy with world economy – India and the WTO. Objectives i.Cramer’s Rule-Rank. Unit I : Linear Algebra:Vectors and Matrices-Operations-DeterminentsInverse.com . 5. Unit IV : Correlation and regression coefficients-Multiple RegressionTime SeriesAnalysis: Measures of trend and seasonal variations. . Sodersten.EC 1809 MATHEMATICS AND STATISTICS FOR ECONOMISTS SEMESTER : I CATEGORY : MC CREDIT NO. Mathematics for Economists. Solution to system of linear equations. chi-square test and Goodness of fit-Analysis of Variance: One-way classification. OF HOURS / WEEK : 4 : 5 EC1810 INTERNATIONAL ECONOMICS SEMESTER : I CATEGORY : ES CREDIT NO. 8 3 7 PDF created with FinePrint pdfFactory trial version www. References: 1. Mathematical Analysis for Economists. 4. (15 hours) REFERENCES: 1. Chiang A. Balance of Payments and Exchange: Foreign trade in India: Composition and direction shifts in trade policy from import substitution to export promotion.H. ii to provide tools for scientific research work. Gupta S.. Unit II : Derivatives-Partial Derivatives-Total Differential-Marginal and elasticity concepts. 1986. 1998.C.

Ansel M et al. Sawyer(W. 2003 REFERENCES: 1. OF HOURS / WEEK : 3 : 4 Objectives i. Krause[Walter].J. 1975 6. Hunger and Public Action. (10 hours) Unit V : Terrorism: Causes and consequences – remedial course of action. (10 hours) Unit III : Problems in Secondary and Higher Education – Growth and Nature of Health Services – Health care problems – Economics o Medicine Energy crisis and related Issues – Economic Crimes: Their prevention. 2003. (10 hours) Unit IV : Analysis of demand for and supply of agricultural commodities – Marketed surplus – procurement. (10 hours) Unit II : Input supply and distribution – economic aspects of irrigation and fertilizer use – agricultural finance.pdffactory. To provide a framework of tools effective in the analysis of social problems.4. New Delhi. Culyer. To grasp the characteristics of modern agriculture. Prentice Hall of . (10 hours) Unit III : Ownership pattern. tenurial relations and allocation efficiency – Land reforms – far size . International Economics..Charles). 4. London: Martin Robertson and Co Ltd. Sprinkle (Richard.. (NB: A Project Work on a social problem carries 20 marks) Unit I : Social Economics: Definition – equality in Human Societies – Principles of social doctrines: Gandhi. London: Heinemann Educational Books. To discover ways to resolve social problems. 1987.. W. New York: McGraw-Hill Book Co. The Economics of Social Problems. (10 hours) 10 4 PDF created with FinePrint pdfFactory trial version www. Charles Sawyer. Publications. and ii. 1977 8. (10 hours) Unit II : The world poverty situation – causes and consequences – Requisites of economic growth – Role of Government – Social security: Origin and growth – subsidies: Rationale and functioning – Social Banking Unemployment and Inequality Issues – Economics of Shelter: Refugees. Lutz. A. Heffernan and Singlair. LeGrand. (10 hours) Unit IV : Discrimination: Sources. 1989. Jan and Amartya Sen. Schaums Outline of Theory and Problems Of International Economics. 1964 5.. The Economics of Public Issues.. Economics of Social Issues.com . India. Modern International Economics. 5. Harbison. London and Basingstoke. 1971 3. New Delhi: Universal Book Stall. The Challenge of Humanistic Economics. Social Economics. Harrod [R F] International Economics. Oxford: Clarendon. 1990 7. 1976 6. Sandford.. distribution and pricing policies. Claifornia: The Benjamine / Cummings Publishing Company Inc.. The Macmilan Press Ltd. 2000 8.. Richard P Sprinkle.distribution and policy co-operative farming. OF HOURS / WEEK : 3 : 4 Objectives i.T. Douglass C North and Roger Leroy Miller.l 2000 9. Slavery and Beggary. Sharp. Frederick and Charles A Myers. (10 hours) 9 EC1951 AGRICULTURAL ECONOMICS SEMESTER : I CATEGORY : ES CREDIT NO. Education Manpower and Economic Growth Strategies of Human Resource Development. Mark and Popes. New Your: Harper and Row. 1979 7. Dreze. Unit I : Characteristics of modern agriculture – production function in agriculture – The scale factor in farming – allocation of land between different uses and crops – technological changes in agriculture – production response to price. 1973 2. and ii. Cedric. The Economics of Social Policy. Mark and Kennesth Lux. To analyse how the agricultural sector contributes to the Indian economy. EC1950 SOCIAL ECONOMICS SEMESTER : I CATEGORY : MC CREDIT NO. Salvatore(D). Julian and Ray Robinson. International Economics. kinds and costs – Monopoly power: Use and Abuse – price control – consumerism: Provision of Information – Prev ention of and Protection from Business Manipulation.l) International Economics T.

OF HOURS / WEEK : 3 : 5 Objectives i. )(New Delhi:Prentice Hall of India(P) Ltd 1972) 4. ( London : Gerald Duckworth & Co Ltd 1969) 2. New Delhi: Allied Publishers Pvt. Unit III : Theory of General Equilibrium – The Walrasian system – The Input – output Model.. Eicher. H E and Goodwin. Agricultural Economics. 1975 3. Singh [Amarjit]. Agriculture in Economic Development.Contribution by A. and ii. Land Reforms in Indina: Trends and Perspective. J W. Rudra Ashok. Chopra. Robert. O S. Social choice and individual values. New Delhi: Allied Publishers Pvt. to deepen the understanding of the working of the firms under oligopoly market conditions. 9. Linear Programming and Economic Analysis. B P Agricultural Economics and Rural Development.K. Sadhu A. Carl and Lawrence Witt. Readings in welfare economics.. Unit I : Critique of the neoclassical theory of the firm: Alternatives to profit maximization – Full Cost or Mark up pricing (Arrow) Sales maximization (Baumol) – Behavioural theories (Simon) – Maximisation of Utility Function (Scitovsky and Williamson) – Maximisation of Marginal Utility Function (Marris). Unit V : Advanced welfare economics – Arrow’s theory of collective choice – Theory of the Second Best . Mellor W. Baumol. 2004 Unit II : Theories of Oligopoly – Collusive and leadership models – Game theoretic approach to oligopoly – Limit Pricing. A. 1996 10. OF HOURS / WEEK : 3 : 5 Objectives i. relationship between agriculture and other sectors of the economy. Drummond. 2. Choice of techniques. Khusro. K... 6. Tyagi. Scitovsky. A critique of Welfare Economics ( London : Oxford University Press 1970) 8. A. Scitovsky . Arrow. McGraw Hill Book Company. Essays in value and Distribution ( London : Gerald Duckworth & Co Ltd 1960) 7. Shrivastava. Fundamentals of Agricultural Economics. Agricultural Economics. 1964.. to study how the national income fluctuates and is distributed among the factors of production. 5. Hohn. Kaldor . Tibor . Welfare and Compensation ( London : George Allen & Unwin Ltd 1971). The Economics of Agricultural Development . Indian Agricultural Economics: Myths and Realities. to understand the determination of national income and the concept of welfare. ( London : Gerald Duckworth & Co Ltd 1963) 3.N... 1989 9.Economic Theory and Operations Analysis (Fourth Edition)(New Delhi:Prentice Hall of India(P) Ltd 1970) 5. Robert Solow and Paul A Samuelson .II SEMESTER : II CATEGORY : MC CREDIT NO. Joshi P C. 6.. William J. Ltd. I M D . EC 2804 MICRO ECONOMIC THEORY – II SEMESTER : II CATEGORY : MC CREDIT NO.pdffactory.. P Pricing. Standard Book Distributing House.. New Delhi: Allied Publishers Pvt. Arrow. 1982. Mumbai: Vora and Co Publishers PVt. Manageing Agricultural Finance: Theory and Practice. Allied Publishers. taxation of agriculture. Sen. Ltd 1984. Dorfman. (10 hours) REFERENCES: 1. Nicholas. K J. Kahlon. Readings in Agricultural Development. Little . Ltd. A S and Karam Singh. Distribution and Welfare (Delhi: Kalyani Publishers 1975) .Unit V : Role of agriculture in economic development – agricultural strategies. 4.Sen REFERENCES 1.N. and ii. 5 11 12 PDF created with FinePrint pdfFactory trial version www. EC 2805 MACRO ECONOMIC THEORY . M. 2000 8. Human resources in agriculture. New Delhi..com . to introduce the concept of welfare and its implications on the society. 7. (Tokyo: Mcgraw – Hill Publication 1958 ). Ltd. Unit IV : Theory of Welfare economics – New Welfare economics – Pareto Optimality Conditions – Welfare implications of the different market forms – the Compensation Principle – Social welfare function.

. 12. Press. to understand the determination of wage structure in an economy. Macroeconomic Theory: A Mathematical Treatment (London: MacMillan Publishing Company 1968) 3. Acley. William H. Winter 1994. REFERENCES: 1.B.Unit I : Macro theories of distribution: Classical theories of distribution – the Ricardian and Marxian systems – Kalecki and the degree of monopoly of distribution – Keynesian theory of income distribution. and Pack.Wages Act. OF HOURS / WEEK : 4 : 6 Objectives i. to study the present state of industrial relations in India. Labour Economics. LTd. 8. Vishal Publications. Capbell R. David. R G D. Economic Growth. Cambridge. Ltd. Solow. 1996. Macroeconomics for developing countries. ii. Articles by Romer. Unit III : Growth models: implications of Harrod-Domar model – Neoclassical reaction – one and two sector models of growth – Cambridge models of growth – Joan Robinson and Kaldor – Technical progress and growth models. Surrey. Lectures in Macroeconomics. Unit II : Theories of trade cycle: Samuelson – Hicks – Kaldor – Goodwin. and Stanley. Allen.T. K C. 1978) 14 6 13 PDF created with FinePrint pdfFactory trial version www. Romer. Social security measures in India – Employees State Insurance Act 1948 – Employees Provident Funds Act 1952 and Public Provident Funds Act 1968 – Subsequent developments – Social security in Tamil Nadu. Barro. Reynolds. Unit III : Employees remuneration – Wage structure in India – Wage differentials – Theories of wages . Shapiro. and Xavier Sala-i-Martin. Blanchard and S. 1989 11. Weintraub [E. Mass: M. Macro Economic Theory and Policy (New York: Harper and Row Publishers 1972) 4. McCOnnell. 1994. 7. Unit V : Growth and welfare – Golden rule of accumulation – optimal growth.Industrial relations – Industrial conflicts – Preventive and remedial measures – Industrial Act 1947 and amendments – Workers’ participation in Management – Collective bargaining – adjudication and arbitration – The present state of industrial relation in India. (New York: Random House 1974) 2... Gardner. McGraw-Hill.. (Newyork: MacMillan Publishing Company 1978) 2. Microfoundations. JHA.. Macroeconomic Themes: Edited Readings in Macroeconomics with commentaries. Lloyd. 1966) 3.” Journal of Economic Perspectives. 1936 – Wage Act 1948 – Bonus and fringe benefits Payments of Bonus Act 1965 and amendments.L.com . M J C. 1988) 5. Unit I : Labour as a unique factor of production – Labour Force – Labour market – Disequilibrium between supply and demand for labour.Ltd. Unit V : Trade Unionism – Development of Trade Unions in India and their present position . Unit IV : Social Security – ILO and security.pdffactory. Edward. Helfgott.. (Mcgraw – Hill Publication. New York: McGraw-Hill. Unit IV : Micro foundations of Macroeconomics – Rational expectation hypothesis. Macroeconomic Analysis (Newdelhi: Golgotia Publications Pvt. Macro-Economic Analysis.I. 1995. Robert J. Raghbendra. Advanced Macroeconomics.Brue. Branson. McGrew-Hill Book Co 1989) 4. “Symposium on New Growth Theory. 6. Labour Economics and Labour Welfare (New Delhi: Prentice – Hall of Inida Pvt. 2000) EC 2806 LABOUR ECONOMICS AND INDUSTRIAL RELATIONS SEMESTER : II CATEGORY : MC CREDIT NO. Unit II : Employment – Problems of unemployment and under employment – Remedies – Role of Employment Exchanges – Vocational Training – Manpower planning. Indian Trade Union: A Survey (Mumbai: Allied Publishers Pvt. REFERENCES: 1. London: Oxford University Press.. Contemporary Labour Economucs (Singapore. 9. N. Grossman-Helpman. and K. O. Fischer. V. 1998 10. Verma.J.. Kamik. Macroeconomics Analysis: Theory and Policy. 1976.Roy]. Rana.

7 15 PDF created with FinePrint pdfFactory trial version www.price forecasting. REFERENCE: 1.K. J. Pramod.Statistics and econometrics – Nature and use of econometric models. A. Unit IV : Markets: An overall view about market forms – Meaning of perfect and imperfect markets – Modern pricing methods. 1987) 4.M. seminar. Mehta. Introduction to Econometrics: Principles and Applications. Johnstron. Gujarati. Methodology: a) Continuous assessment (CA) 100 marks i) Two written tests (First component) 35 + 35 = 70 marks ii) Case study analysis. To impart the knowledge of econometric techniques for better understanding of the methods in Economics.B and Saran. Unit I : Nature and scope of econometrics – the econometric approach – economic theory . Theory of Econometrics: An Introductory Exposition to Econometric Methods. 5.. to relate theoretical concepts in economic theory with modern Business practices..pdffactory. Demand distinctions and demand forecasting methods – Elasticity of demand – Its significance in business decisions. Koutsoyiannis. and Arun C. and ii. price and profit variables for a firm in future. Econometric Methods.. B. Industrial Labour in India (Mubai: Asia Publishing House 1960) 7. 6.5. Mehta. To get acquainted with the tools of Econometrics for applied research in Economics. Singapore: McGraw Hill Inc. 2. 1994. Inc 1995. G. Ltd. Delhi. ii.. Fundamentals of Econometrics. Current Issues in Labour Economics (Hong Kong . Unit III : Generalized least squares – heteroscedastic errors – Auto correlation – Errors in variables – Methods of instrumental variable – grouping of observations and grouping of equations. New York: Macmillan Publishing Co 1987. Unit IV : Simultaneous equation methods – The problem of identification – Estimation – Two stage least squares – introduction to limited information and full information – maximum likelihood and three stage least squares.COM STUDENTS Objectives i. Johnson. A. V.K. Unit V : Measurement of profit: Accounting profit – profit policies and fore casting – Model of break-even analysis.. Singapore: McGraw Hill. Econometrics: Basic and Applied. Aaron C Jr et al.. price discounts and differentials .. Ltd. Verma. David and Zafiris Tzannatos. Basic Econometrics. 1994. cost. New Delhi: Oxfore and IBH Publishing Co Pvt.. Labour Economics and Industrial Relations (New Delhi: Tata McGrew Hill Publishing Co. project reports 30 marks (Second component) 16 : 3 : 4 Objectives i. OF HOURS / WEEK : 4 : 6 EC 2900 MANAGERIAL ECONOMICS SEMESTER : II CATEGORY : SU CREDIT NO.com . Unit III : Cost analysis: Various concepts of costs – cost –output relationship – cost control and cost reduction. Himalaya Publishing House 1987. Unit II : Demand analysis: Demand determinants.C. Sepsfore. London and Basingstoke: The Macmillan Pres Ltd 1979. OF HOURS / WEEK OFFERED TO M. Macmilan 1990) 6. Damodar. EC 2807 ECONOMETRICS SEMESTER : II CATEGORY : MC CREDIT NO. Unit I : Scope of Managerial Economics – Dev elopment of entrepreneurship and Management in India – Professionalisation of management. Singh. Madnani. Unit II : Linear regression – Two variable regression – Multiple regression – Correlation coefficient – Multicollinearity – Extensions of linear regression – functional forms – dummy variables – Analysis of variance. 3. to predict the demand. Unit V : Some illustrations of the applications of econometric methods.

to understand the performance of marketing in various sectors. Joel. D. William J. Unit I : Marketing: Concept – Definition and Significance Marketing in developing and developed countries – Social marketing and economic development in Indian context.L. 4. Principles of Marketing.com . unemployment and inequality in the distribution of income – Employment policy and its conflict between output and employment goals –Manpower and education policies in India. to comprehend the meaning and role of marketing in an economy. Modern Marketing Management in Indian Context. New Delhi .Dual pricing.. Prentice Hall of Inc. Physical distribution. OF HOURS / WEEK : 3 : 4 EC 2951 PRINCIPLES OF MARKETING MANAGEMENT SEMESTER : II CATEGORY : ES CREDIT NO. 1979. Rusting S. to make the students understand how to link various economic policies with plan objectives.1995. EC 2952 INDIAN ECONOMIC PLANNING AND POLICY SEMESTER : II CATEGORY : ES CREDIT NO.B. New Delhi: Prentice Hall Pvt. edition 1997 REFERENCES: 1. Unit II : Economic Policy: Objectives – Impact of new economic policy on poverty. Mandell Maurice I and Larry J Rosenberg. New Delhi. Unit III : Public sector in India: Objectives – its contribution to Indian economy – recent trends in Indian PSUs(privatization and disinvestments) .Graw Hill Inc. Latest edition 1997. H. to make the students understand the importance of planning as a technique to accelerate economic growth and development and ii. Dean. Unit I : Indian Economic Planning: Objectives – Strategy – rate and pattern of investment in the five-year Plans – Problems of resource mobilization – Evaluation of five year plans in India. 1983. Principles and Practice of Marketing in India. K. Dominic Salvatore – Managerial Economics. Maxwell Macmillan International Edition – 1990 6. 5.pdffactory. Phillip and Gary Armstrong. New Jercy.Agricultural pricing policy in India. Varsney. Ltd.b) Semester examination (SE) – 3 hours duration 100 marks REFERENCES: 1.L. 3. Mamoria. Vikas Publishing House Pvt. Sulton Chand & Sons. 4. Unit IV : Quality of Life in India and abroad: Poverty eradication policies in India – Target group approach – An evaluation of Rural Employment Guarantee Scheme. Ltd.L Maheswari .. multiple pricing and administered price mechanism . Unit II : Market segmentation: Rationale – requirements – benefits – basis – Difference between market and product segmentation – market mix – Marketing planning – Market control .Managerial Economics.. Ltd. 18 PDF created with FinePrint pdfFactory trial version www. Joshi. Sultan Chund & Sons. Kottler. New Delhi. 1996. 3. OF HOURS / WEEK : 3 : 4 Objectives i. WCRIS Lewis – Managerial Economics. promotion and procedures. ii. Newyork – 1993.. Managerial Economics.. 2004 5. 2. at the national and international levels. Graig Peterson.Consumerism – Consumer protection – Standardization and Grading – Legislation – Social and Ethical issues in Marketing – Monopoly – MNCs and Exploitation some issues. Tokyo: Mc Graw Hill Book Co. Mumbai: Progressive CorporationPvt. Fundamentals of Marketing. Marketing. Standon. Latest . C.L. Promotion and Pricing Unit V : International marketing – Export strategies. R. 1984. 8 17 Objectives i. &.. New Delhi: Prentice Hall International Inc. Davar. 2. Unit III : Marketing information systems (MKIS) and marketing research Unit IV : The four P’s: Product.PSUs pricing policies .. Mc.N. P Metha – Managerial Economics. and R. Allahabad: Kitab Mahal. Dwivedi – Managerial Economics.

Dhingra. to discuss the recent demand and supply theories of money. migration of labour. Unit I : Definition of economics – Concepts of demand and supply – various market forms and pricing policies in public and private sector enterprises. supply of money. imports. Luthra. Pvt. Unit II : Macroeconomic aggregates – National income. A. . OF HOURS / WEEK : 3 : 6 Objectives: i. Indian Economy (New Delhi: S Chand and son Co Pvt. problems of unorganized labour force and impact of new economic policy. export and tariff policies – The policy of flexible exchange rates and its impact on Indian economy.) 6. Samuelson. Brain drain. Economics (Sixteenth Edition) (New Delhi: Tata McGraw Hill Publishing Company Ltd. price level. Ruddar and K.Unit V : Trade Policy: Impact of WTO on India’s import.M S. Raj Kumar and Chatterjee. to capture the influence of money on the real economy. taxes. demand for money. ii. Indian Economy: Problems of Development and Planning (Chennai: Wishwa Prakashan 2001) 7. V.N. to enable the non-economics students to understand basic economic concepts. Datt. Planning Commission. 1998) 3. Chand and Co. consumption. Unit I: Concepts of Money Traditional and modern – concepts of liquidity – Newlyn – Radcliffe Committee – Gurley-Shaw and others. balance of payments.M S. Planning and Liberalisation (Ivy Publishing .C.P Economic Development. Agarwall. A. public borrowing and budgets. A Text Book of Economic Theory (London: Longman 1990) 4. .pdffactory. il li teracy..A.P Sundharam Indian Economy (Recent Edition) (New Delhi. exports.) (Recent Edition) 5. English Literature Objectives i. and. Uma Kapila (Ed). Indian Economy: Agenda for the 21st century (Deep and Deep Publications 2002) Un it II I : Basi c socio economi c i ssues: Pov ert y. REFERENCES: 1.P Sundharam Indian Economy (Recent Edition) (New Delhi. I. II: Thematic Issues and Sectoral programmes – 2000 6. Ltd. inequality in the distribution of income. Ruddar and K. Agarwal. Biswajit (Ed). ii. I. Pvt. Richard.N. Ltd.) 4. bonded labour. to enable the non-economics students to understand the basic socio economic problems and their impact on the overall growth of the Indian economy. Unit II: Demand for Money Analysis of the demand for money – transactions demand for money – Baumol’s asset demand for money – Keynes speculative demand for money – mean-variance analysis – Hicks and Tobin – State Preference Theory as a theory of the demand for money – Friedman’s restatement – Gurley and Shaw thesis 20 PDF created with FinePrint pdfFactory trial version www. Indian Economy (New Delhi: S Chand and son Co Pvt. Dhingra. Uma Kapila (Ed).C. Indian Economy since Independence (Academic Foundation 2002) EC-2902 BASIC ECONOMICS SEMESTER : II CATEGORY : SU CREDIT NO. government expenditure. Sen. Nordhaus. REFERENCES: 1. Chand and Co. Ltd. House 2000) 5.com .) (Recent Edition) 2. Alfred W and Douglas C Hague. 0/ 19 : : 1 EC-3808 MONETARY ECONOMICS SEMESTER : III CATEGORY : MC CREDIT NO. Introduction to Positive Economics (London: English Language Book Society and Weidenfeld and Nicolson 1969) 2. Indian Economy since Independence (Academic Foundation 2002) 8. Ltd. child labour. saving and investment.. Indian Economy (New Delhi: S Chand) (Recent Edition) 3. Datt. Lipsey. Stonier. Paul Anthony and William D. Government of India – Ninth Five Year Plan 1997-2000 Vol. gender discrimination. OF HOURS / WEEK Offered to M. unemployment. G.

Sign up to vote on this title
UsefulNot useful