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Conducted by University of Mysore







University SET Center,Pareeksha Bhavan, University of Mysore, Mysore


instability of equilibrium. Economic Development and sustainable Development importance of institutions-Government and markets-Perpetuation of underdevelopment-Vicious circle of poverty. Approaches to development. Hicks and Kaldor. Micro-economic Analysis Demand analysis-Marshallian. High-powered money.Pareeksha Bhavan. Mysore 2 Paper II . Development and Planning Economic Growth. Trade and Aid-International trade as engine of growth-Globalization and LDC’s University SET Center. Baumol and tobin Supply of Money. Macro-economics Analysis Determination of output and employment-Classical approach. unlimited supply of labour. Patinkin. University of Mysore. Keynesian approach.[07]: ECONOMICS A. Economic Growth-Harrod-Domar model. SYLLABUS 1. Neoclassical growth-Solow’s model. Balanced growth critical minimum effort. Consumption hypotheses Demand for Money-Fisher and Cambridge versions. steady state growth. circular causation. unbalanced growth. Macro-economic Equilibrium-Relative roles of monetary and fiscal policies 3. Marx and Schumpeter. low income equlibrium trap indicators and measurement of poverty Importance of agriculture and industry in economic development-choice of techniques and appropriate Technology-investment criteria-Elementary idea of cost-benefit analysis. structural view of underdevelopment-Measurement of development conventional. big push. Approaches of Keynesian Friedman. Money multiplier Phillips Curve analysis Business cycles-Models of Samuelson. HDI and quality of life indices Theories of Development-Classical. Hicksian and Revealed preference approaches Theory of Production and Costs Pricing and output under different forms of market structure Factor Pricing analysis Elements of general equilibrium and new welfare economics 2. Determinants of money supply.

foreign Trade multiplier Impact of Tariffs. Partial and general equilibrium analysis. effects. taxable capacity Public Debt-Sources. distribution and stabilization functions. Public Finance Role of the Government in Economics activity-Allocation. planning in a market-oriented economy 4. Private. Public and Merit goods The Public Budgets-kinds of Budgets. Plan Models in India. new agricultural policy Industry-New industrial policy and liberalization University SET Center. incidence and effects of taxation. International Economics Theories of International Trade: Empirical verification and Relevance International Trade under Imperfect competition Terms of Trade and Economic Growth-Secular Deterioration of Terms of Trade hypothesis-a critical review Equilibrium/disequilibrium in Balance of Payment-Traditional. performance of different sectors Trends in prices and money supply Agriculture-Institutional and technological aspects.Objectives and role of monetary and fiscal policies in economic development Techniques of planning.Pareeksha Bhavan. Absorption and Monetary approaches for adjustment in the Balance of Payments. different concepts of budget deficits. Zero-base budgeting. Budgets of the Union Government in India Public Expenditure-Hypotheses. Problems of Centre-State Financial relations in India Fiscal Policy-Neutral and compensatory and functional finance.elasticity and buoyancy. burden and its management Fiscal Federalism-Theory and problems. effects and evaluation Public Revenue-Different approaches to the division of tax burden. Mysore 3 . Indian Economy Basic Economic indicators-National income. Political economy of Non-Tariff Barriers Theory of regionalism at Global level-Collapse of Bretton-Wood System-Recent Monetary reforms Trade Policy and Reforms in India 6. balanced budget multiplier 5. University of Mysore.

Poisson and Normal distributions Simple correlation and regression analysis Statistical inferences-Applications. types of sampling and errors PAPER—III (CORE GROUP) Unit—I conditions of uncertainty Theory of Demand-Axiomatic approach. Public debt. x2 and F tests). unemployment. Demand functions. sampling of attributes. components and determinants. analysis of the Union Budget. sampling distributions (t. Statistical Methods Measures of Central tendency. Balance of payments and trade reforms Poverty. Consumer behaviour under Theory of production collusive and non-collusive oligopolies Different models of objectives of the firm-Baumol. money supply. migration and environment 7. testing of Hypothesis Index numbers and time series analysis Sampling and census methods. skewness and kurtosis Elementary theory of probability-Binomial. dispersion. Foreign trade-Trends.Pareeksha Bhavan. Mysore 4 . monetary policy and financial sector reforms Public finance-Trends in revenue and expenditures of the Central and State Governments. consumption hypotheses Theories of investment and accelerator Theories of demand for money-Keynesian and post-Keynesian Different approaches to money supply. University of Mysore. inflation. money multiplier Output-price determination (aggregate supply and aggregate demand curve analysis) University SET Center.Money and banking-Concepts of money supply. Morrts and Williamson Factor pricing General equilibrium and Welfare Economics Unit—II Keynesian and post-Keynesian approaches to theory of output and employment concept of investment multiplier.

gains from trade and LDCs Units—IV Theories of taxation. Singer and Myrdal views. Schumpeter and structural analysis of developmentImperfect market paradigm. types. Mysore 5 . Theories of development-Classical. ownership pattern and debt management Union-state Financial Relations-Horizontal and vertical imbalance the Finance Commissions Fiscal Policy and Fiscal Reforms in India Unit—V Monetary approach and adjustment in the balance of payments Regional blocs-multilateralism and world trading system The Political Economy of imposition of non-tariff barriers International trade under conditions of imperfect competition in goods market Theory of International reserves Optomum Currency Areas-Theory and impact in the developed and developing countries WTO and its impact on the different sectors of the economy University SET Center. Dependency theory of development Factors in economy development-natural resources. Harrod and learning by doing. investment and growth Burden of public debt Union Finance-Trends in Revenue and Expenditure of the Government of India State financeTrends in Revenue and Expenditure of the State Governments Public Debt-India’s Public debt since 1951-growth composition. Ranis-Fei model.Pareeksha Bhavan.Fleming Mundell open economy model Unit—III Development and Growth-Role of institutions Theories of growth and development-Models of growth of Joan Robinson and Kaldor. Lewis model of development. Technical Progress-Hicks. research and knowledge-explanation of cross country differentials in economic development and growth. two-gap analysis. University of Mysore. population capital Human Resource Development and infrastructure Trade and development-trade as engine of growth. incidence and effects Theories of public expenditure-effects on savings. Marx. Prebisch. production function approach to the determinants of growth : Endogenous growth : role of education.

population as Limits to Growth and as Ultimate Source Concepts of Demography-Vital rates. joint forest management and self-help groups Role of State in environmental preservation-Review of environmental legislation in India University SET Center. theory of demographic transition. gross and net reproduction rate-Age pyranmids population projection-stable stationary and quasi-stationary population. partial and total trends Industrial Finance in India Industrial Labour-Problems.Pareeksha Bhavan. Measurement of fertilityTotal fertility rate. life tables. Relation between population poverty and environmental degradationmicro planning for environment and eco-preservation-water sheds. sustainable development Malthusian theory of population. optimum theory of population. causes of environmental and ecosystem degeneration-policies for controlling pollution-economic and persuasive their relative effectiveness in LDCs. Mysore 6 .Unit—VI Components of money supply Role. constituents and functions of money and capital markets RBI-recent monetary and credit policies Commercial banks and cooperative banks Specialized financial and investment institutions Non-Bank financial institutions and Regional Rural Banks Unit—VII Industrial structure and economic growth Pattern of industrialization-Public and Private. characteristics of Indian population through recent census Poverty in India An solute and relative analysis of poverty in India Environment as necessity-amenity and public good. University of Mysore. large and small industries Theories of Industrial location-indian experience Industrial productivity-measurement. composition and uses. policies and reforms in India Economic Reforms and industrial growth Unit—VIII Population and Economic development-interrelation between population development and environment.

Mysore 7 . ARIMA Econometric properties of time series. integrated series. detection. University of Mysore. indirect least squares and least various ratio Techniques of Forecasting : ARMA.Unit—IX Role of Agriculture in Indian Economy-Share of Agriculture. interrelationship between agriculture and industry Institutional aspects-Land reforms. structure and development of different types of cooperative in India Unit—X Application of Differential and Integral Calculus in theories of consumer behaviour. random walk and white noise University SET Center. assets and credits Strategies for rural development Regional disparities in Indian agriculture Cooperative movement in India-Organization. Production and pricing under different market conditions Input-output analysis and liner programming Application of Correlation and Regression Testing of Hypothesis in Regression Analysis PAPER-III (ELECTIVE/OPTIONAL) Elective—I Single Equation Linear Model : Assumption and properties of OLS Multiple Regression Model-Extimation and Interpretation Multi-collinearily-Auto-correlation and heteroscedasticity-Causes. consequences and remedy Dummy variables.Pareeksha Bhavan. distributed lags-Need. Unit root. Green revolution Technological aspects-Agricultural inputs an shifts in production function Capital formation in the rural sector-Savings. limitations and interpretation Applications in Economics Simultanecous Equation models : Structural and reduced forms Endogenous and exogenous variables Identification problems and conditions Single equation methods of estimations-TSLS.

Saddle point solution. Minimum Wages Act WTO and sustainable agricultural development Reforms in Indian agriculture Elective—V Planning and Economic Development Costs. Euro–Currency Markets. Pure and Mixed strategy. Kaldor’s Model with technological progress. Mysore 8 . WTO and Indian Agriculture Globalization. Environment and Economic development Trade Reforms and Liberlization Financial sector reforms Fiscal policy and fiscal reforms University SET Center. Monopolistic competition. University of Mysore. Linear programming and input output analysis Static and Dynamic Multiplier and Accelerator. World Trading System—Evolution and Distortions. and International Bond Markets. Neoclassical models-Solow. Zero-sum Game.Pareeksha Bhavan. Aggregate demand and aggregate supply analysis) Elective—III The Rise and fall of Bretton Wood and emerging International Monetary System. Duoploy and Oligopoly Theory of Games-Two-person. Arbitrage and Market Headging Elective—IV Growth and Productivity trends in Indian Agriculture Development of distributive Institutions—Costs and price policies Agricultural marketing and credit Trends in migration and labour markets. Samuelson-Hicks trade cycle model. Meade. Growth Models-Harrod and Domar. International Debt crists Theory of Foreign Exchange Markets–Exchange Trading. Prices. Liberalization and the Indian Industrial Sector Infrastructure and Economic Development Social Sector. Poverty and Reforms in India Women. endogenous growth models Employment and output determination with fixed and flexible prices (IS-LM. Globalization—Developments in Exchange Markets.Elective—II Theory of Consumer Behaviour and Theory of Firms Theory of Pricing-Monopoly.

paper-II and paper-III. providing sufficient space to answer the questions. The candidate is excepted to write up to Five Hundred words for each questions of 20 marks(2 Q x20M=40 Marks). disciplinary relevance may be given. Each question will be answered in upto three hundred (300) words. University of Mysore. theoretical.In case the questions are based on electives. The questions in this section will be numbered as 3 to 5. There is to be no internal choice. All the 50 questions are compulsory and have to be marked in OMR sheet. three questions may be across the syllabus. the choices should have questions from each elective. Electronic Sciences etc. For Science subjects are University SET Center. True/False.. Details of questions set in different Sections as follows. Assertion-Reasoning type) carrying 100 marks. Questions will be asked on all major specialization /electives and the candidates may be asked to choose one of the specialization /electives and answer the three questions. All the questions will be given in the Text Booklet itself. Environmental Sciences. common to all candidates. No additional sheets will be provided to the candidates. The Questions will be definitional seeking particular information and are to be answered in up to Fifty words each. Mysore 9 .  Paper III shall consist of four sections.Where there is no specialization /Elective. In case of science subjects like Computer Science and applications.Pareeksha Bhavan. otherwise all choices should be of general nature. Section II Three extended answer based questions to test the analytical ability for the candidates are to asked on the major specialization /electives.B. Matching type. two questions carrying 20 marks each may be given in place of essay type questions.  Paper II will have 50 objective Type Questions (Multiple choice. The questions in this section will be numbered as 1 and 2. the choice should have questions are based on electives. Section I Essay writing: Two questions with internal choice on general themes and contemporary. QUESTION PAPER PATTERN There will be two question papers. And shall carry 15 marks each (3QX 15M=45 Marks). Section III Nine Questions may be asked across the syllabus.

University of Mysore. Five carefully considered specific questions are to be asked on the given text. Ability to understand and express the same Critical thinking.There should be no internal choice. Mysore 10 . theoretical/numerical problem may be set. requiring an answer in up to 30 words each. The questions in this section will be numbered as 6 to 14.Pareeksha Bhavan. These questions are meant to test critical thinking ability to comprehend and apply knowledge one possesses. The questions in this section will be numbered as 15to 19. Section IV It requires the candidates to answer questions from a given text of around 200-300 words taken from of a known thinker/author.mentioned in section-I. ability to comprehend and formulate and concepts No of Questions 2 3 Words Per Total Answer 500 1000 300 900 Marks Per Total Question 20 40 15 45 III IV 9 5 50 30 450 150 10 05 90 25 Total 19 -- 2500 -- 200 University SET Center. Short numerical/computational problems may be considered. Section I II Type of Questions Essay Three/analytical/evaluati ve questions Nine definitional/short answer questions Text based Questions Test of Ability to dwell on a themes at optimum level Ability to reason and hold an argument on the given topic. This section carries5 questions of 5 marks each (5Qx5M=25Marks). Each questions will carry 10 marks (9Qx10M). In the case of science subjects.

Pareeksha Bhavan. 2. University of Mysore. Srinivasan (D) V. K. Sen (C) T. Mysore 11 . (2 × 20 = 40 marks) Paper III 1. N. R. like India. you can refer to the UGC-NET 2010 Examination Question papers. Minhas (B) A. SAMPLE QUESTIONS PAPER—II 1. available in the UGC website (www. employment and money markets in India ? Describe the measures adopted in India to combat it ? OR Describe the major new economic reforms introduced in India since 1991. The Indian economist with whom the CES production function is associated is (A) B. Discuss the factors that determine foreign direct investment inflows in a developing country. Differentiate between foreign direct investment and portfolio investment by foreign institutional V.C. Also suggest measures to improve productivity of agriculture in India. Note: For more details regarding sample questions for paper II and paper III. What are the causes of recent global financial crisis ? What has been its impact on growth. to be answered in about five hundred (500) words each.? OR Explain the growth and productivity trends in Indian agriculture since 1991. ————— University SET Center. During the year June 1980 to June 1981 money supply with the public (M1) in India has increased by (A) above 30 percent (B) above 20 percent but below 30 percent (C) above 10 percent but below 20 percent (D) below 10 percent 2.ugc. S. Also examine their effects on the performance of different sectors of the Indian economy. Rao SECTION – I Note : This section consists of two essay type of questions of twenty (20) marks each.