GUJARAT TECHNOLOGICAL UNIVERSITY

INTEGRATED MASTER OF BUSINESS ADMINISTRATION

Year – 2(Semester – 3) (W.E.F. Academic Year 2018-19)

Subject Name: Indian Economy (IE)
Subject Code: 2537104

1. Learning Outcomes:
• Understanding the nature of the Indian economy
• Understanding the working of the agriculture sector, industrial sector and service
sector.
• Learning various reforms undertaken at various times by the Indian government and
their impact on the economy
• Developing insights into the functioning of the economy of Gujarat.

2. Course Duration: The course duration is of 40 sessions of 60 minutes each.

3. Course Contents:

Module Modules with its Content/Chapters No. of (Marks out

No Sessions of 70)
India as a Developing Economy
• Introduction to Economic Systems-Capitalism-
Socialism-Mixed Economy
• Characteristics of India as a Developing Country
• Population: Growth of Population, Causes of population
Growth, Population Policy
1. • Poverty: Extent of Poverty in India, Causes and Types of 12 21
Poverty, Poverty Alleviation Policy
• Unemployment: Nature of Unemployment, Estimates of
Unemployment, Eradication of Unemployment,
• Relation among Population, Poverty and Unemployment

Agriculture Sector in India

• Role, Nature and Cropping Pattern
• Trends of Agricultural Production, Productivity and
causes of low productivity
• Land Reforms and Green Revolution
• Agricultural Finance and Marketing
• Agriculture Policy
Industrial Sector in India 12 21
2.
• Role of Industrialization
• The Role and Performance of Cottage and Small scale
Industries in Indian Economy during the Plans
• Industrial Finance

1
3. Service Sector
• Composition, Contribution to GDP, Growth and
Development of Service Sector in India, Employment
trends and opportunities in Service Sector. Foreign trade 4 7
services, Reasons for Rapid growth of services

4. Economic Reforms and Planning

• Economic Planning: Rationale, Features and Objectives
• Assessment of Indian Planning: Five Year Plan &
NitiAyog: A Basic Approach 12 21
• Economic Reforms-A brief Review of the origin of the
crisis of 1990
• New industrial Policy 1991 (Liberalization,
Privatization, Globalization & Disinvestment)
• Appraisal of New Industrial policy

5. Practical: Students are advised to prepare a small project on

Gujarat Economy considering any of the following topics or
any other topics which are based on Gujarat Economy.
• Features of Gujarat Economy
• Sectoral Contribution-Agriculture, Industry and Service (30 Marks
• Achievements in the economic and social infrastructure CEC)
-
• Features of rural Gujarat-New agro-business policy
2016, new industrial policy 2015 and tourism policy
2015-20

4. Teaching Methods:
The following pedagogical tools will be used to teach this course:
•Lectures
•Case Discussions
•Audio-visual Material (Using CDs/Clippings/ online videos)
•Assignments and Presentations

5. Evaluation:
The evaluation of participants will be on continuous basis comprising of the following
Elements:

Continuous Evaluation Component

comprising of
A
Projects/Assignments/Quiz/Class (Internal Assessment- 50 Marks)
Participation/Class test/Presentation on
specific topic etc
B Mid-Semester examination (Internal Assessment-30 Marks)
C End –Semester Examination (External Assessment-70 Marks)

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6. Reference Books:
Sr. Author Name of the Book Publisher Year of
No. Publication
Himalaya
1 S. K. Misra & V. K. Puri Indian Economy Publishing Latest Edition
House
2 Dutt & Sundaram’s Indian Economy S. Chand Latest Edition
Inda’s Emerging Oxford
3 Kaushik Basu Latest Edition
economy University Press
Economic Himalaya
4 S. K. Misra & V. K. Puri Development & Publishing Latest Edition
Planning House
Indian Economy-
New Age
A.N. Agarwal and M.K. Problems of
5 International Latest Edition
Agarwal Development and
Publishers
Planning
6 Gopalji Gupta Indian Economy Pearson Latest Edition
7 Planningcommission.nic.in ----- ----- Latest
8 Socio Economic Review ----- ----- Latest
Note: Wherever the standard books are not available for the topic appropriate print and online
resources, journals and books published by different authors may be prescribed.

7. List of Journals / Periodicals / Magazines / Newspapers, etc.

1. Margin- The Journal of Applied Economic Research

2. South Asia Economic Journal • Global Business Review

3. Asian Journal of Management Cases

4. Global Journal of Emerging Market Economics

5. Economist, Economical and Political Weekly, Economic Times, Business Standard, etc