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B. A. 1.11 & HI YeaI'" (Economics)
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Economics Second Papcr- Indian Economy
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Economics First Paper - Macro Economics
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Economics Second Paper- Public Finance & international Economics
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Paper -I
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Unit II _ Law of demand and its exceptions. Giffin gO<?ds. Elasticity of demanrl;-
Price, Income and Cross. Law of Supply. Law of diminishing marginal utility
and Equi Marginal Utility. Consumer's Surplus., Indifference curves-
characteristics and consumers equilibriums.
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linit JV- Markel Meaning. Type of markets. Demand and Supply .Equilibrium. Price
llnd Output Detennination for Firm and Industry under Perfect Compel ilion.
Monopoly and Monopolistic Competition.
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RA. 1'lear
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Subject! fcttnl Economics/ 3l'~
Paper -II
Paper II
Indian Economy ~ 3lvidlCl'ttlT
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Unit II _ Agriculture: Nature and Importance. Land Use Pattern, Changes in Cropping
Panern of Madhya Pradesh, Trends in Agriculture Production and
Productivity. Green revolution. Agriculture Marketing and Mechanisation.
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Unit III _ Industrial. Policy of 1956. New Industrial Policy of 1991 and changes there
in. Role of Public Sector in industrialization. Industrial Policy of Madhya
Pradesh. Concepts of small scale industries (SSI) and conage industries.
problems and prospects of SSI in Indian economy. Start Up India and Make
In India.
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Unit IV_Infraslructure for Indian Economy: Power.. I r;lnsport.Jlion ;md
Communic.ation. India's foreign Trade:- composition and dir~ction. Balance
of Payment. Role of Foreign Direct Investment and Multinalional
Corporation.
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Recommended Books :
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Macro Economics ~ 31~~lla
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Unit III _ Investment Function and Marginal Efficiency of Capital (M.E.C.) ractors
alTectmg Investment Function. Keynesian th~Of Liquidity Preference and
UquidityTrap.DiscountingRate. ~~';--fa.~~.
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Unit IV _ Money;- Meaning and Functions. Stock of Money and its mcasurcs- M"
M~. M3. M4• Quantity Theory of Money- Cash Transaction and Cash Balance
Approach, Inflation, Deflation and Recession- Definition ,causes and effects
uf various segments of economy.
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Unit V _ Bank - Meaning and types, Central Bank and ils functions with special
reference (0 Reserve Bank of India. Credit .Control- Qualitative and
Quantitative Methods, Objectives and limitations of Monetary Policy.
Functions of Commercial Banks. Process of credit creation. MUDRA and Jan
Dhan Yojana.
Recommended Books:
Lewis M K and Mizan PO: Monel1l:ry economics. Oxrord University Press. New
Delhi
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Title of Subject Group: Public Finance and International Economics.
Paper -II
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Paper II
Public Finance and International Economics.fll4G1Piififcffi vet 3id'tI"'!lll
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L1nit I _ Public Finance- Meaning, Nature and Scope. Public, Private and Merit
goods.. Principle of Maximum Social Advantage. Sources of Revenue .Tax
Revenue and Non Tax Revenue. Kinds of Taxes- Direct and Indirect,
Goods and Services Tax(G.S,T.). Taxable Capa~ity in India,
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Unit II _ Budget- Definition and Preparation, Fiscal Deficit, Fiscal Policy. Deficit
Finance, Central- State Financial Relation, Recommendations of Latest
Finance Commission.
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Unit III _ Meaning and importance of International Economics. Intrd and
Intem'ational Trade, importance of Intemational Trade in Economic
Development. Theories of International Trade ;- Absolute and Comparalive
~Advantage. Factor endowmcnt ;- Heckschcr. Ohlin. -
Unit V _ Trends and directions of India's foreign trade. Exchange talC. Theories of
Exchange Rate, Mint Par Parity Theory. Purchasing Power Parity Theory.
Concept of Appreciation and Depreciation of Currency and its effects on
Foreign Trade .
Recommended Books i
Paper -1
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Development and Environment Economics. ~ 'Q<t qtjlCl'<Uj ~
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Unit II _ Theories of Economic Dcvelopment - Adam Smith. Karl Marx and
Schumpeter. Stages of Economic Growth. Invcslmcnt Criteria of Economic
Development, Capital _ Output Ratio. Capital - Labour Ratio. and Human
Resource Development.
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In _ Balanced vs. Imbalanced Growth- Theories of Rodan .. A.Lewis.
!l.nil Herschman. Leibenste;n. Gunnar Myrdal. and Harrod-Damar.
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B.A .!B.Se Part m
(2019-2020)
Subject/ f'itlro" Eeonomics/ 3!'l:ma
Paper -II
Paper II
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Unit II _ Measures of Central Tendency: Mean, Median. Mode. Geometric Mean and
Hamlonic Mean. Measures of Dispersion ;. Range. Mean Deviation.
Standard Deviation. Coefficient of Variation. Quartile Deviation.
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Unil tV - Time Scr.ics Analysis, Concept and Component Auditive and
Multiplicative Model. Method of Moving Averages. Inde.'\( Numbers
Concept Type Importance. Problems In The Construction of Index Number
nnd their limitations. Laspaire"s. Passche's and Fishcr"s Indc.\: Numbers.
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Statistics: Elhance 0 N
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