Vinayaka Mission University
Vinayaka Missions University (VMU) is a pioneering and vibrant school offering a multi-social experience with an atmosphere checked by the ideal congruity of living in differing qualities.
Years1
UNIT - 01
NATURE OF MACRO ECONOMICS - SCOPE AND IMPORTANCE OF MACRO ECONOMICS -
LIMITATIONS OF MACRO ECONOMICS.
UNIT - 02
THE CIRCULAR FLOW OF INCOME AND EXPENDITURE - THE CIRCULAR FLOW IN A
THREE SECTOR CLOSED ECONOMY.
UNIT - 03
SAYS LAW OF MARKETS - REPUDIATION OF SAYS LAW AND FULL EMPLOYMENT THESIS.
UNIT - 04
THEORIES OF CONSUMPTION FUNCTION - THE ABSOLUTE INCOME HYPOTHESIS, THE
RELATIVE INCOME HYPOTHESIS.
UNIT - 05
THE INVESTMENT FUNCTION - DETERMINANTS OF INVESTMENT - MEI AND MEC.
UNIT - 06
THE INVESTMENT MULTIPLIER - ASSUMPTIONS - LEAKAGE - CRITICISM OF MULTIPLIER.
UNIT - 07
THE PRINCIPLES OF ACCELARATION - ASSUMPTIONS - CRITICISM - THE SUPER -
MULTIPLIER.
UNIT - 08
IS - LM FUNCTION - GENERAL EQUILIBRIUM OF PRODUCT AND MONEY MARKETS.
UNIT - 09
INFLATION - MEANING -TYPES - DEMAND PULL, COST - PUSH INFLATION - CANSES OF
INFLATION.
UNIT - 10
THE PHILIPS CURVE - THE RELATION BETWEEN UNEMPLOYMENT AND INFLATION.
UNIT - 11
BUSINESS CYCLE - MEANING, TYPES OF CYCLES, PHASES OF BUSINESS CYCLE -
CANSES.
UNIT - 12
SAMUELSONS MODEL OF BUSINESS CYCLE - HICKS OF THE BUSINESS CYCLE.
REFERENCES:
1. G.ACKLEY, MACRO ECONOMIC THEORY.
2. EDWARD SHAPIRO, MACRO ECONOMIC ANALYSIS.
3. R.J. GORDEN, MACROECONOMICS.
4. M.L.JHINGAN, MACRO ECONOMIC THEORY.
5. H.L.AHUJA, MACRO ECONOMICS, THEORY AND POLICY.
Vinayaka Missions University,Directorate of Distance Education
Salem India
MASTER OF ARTS IN ECONOMICS
1 Yr.
MACRO ECONOMIC ANALYSIS(2020203)
HUMAN RESOURCES MANAGEMENT - MEANING - NATURE - IMPORTANCE - OBJECTIVESHUMAN
RESOURCE PLANNING - COMPONENTS
RECRUITMENT AND SELECTION PROCESS - BASIC SELECTION PROCEDURES -
TRAINING - STEPS IN TRAINING PROGRAMME - DETERMINING TRAINING NEEDS
DEVELOPMENT OF HUMAN RESOURCES MANAGEMENT - INDUSTRIAL REVOLUTION ERA
- HUMAN MOVEMENT ERA - SOCIAL RESPONSIBILITY ERA - SCIENTIFIC MANAGEMENT
ERA - HUMAN RELATION ERA - BEHAVIOURAL SCIENCE ERA - SYSTEMS AND
CONTINGENCY APPROACH ERA
PERFORMANCE EVALUATION AND EXECUTIVE DEVELOPMENT - MANAGERIAL ETHICS -
METHODS AND DEFECTS IN PERFORMANCE APPRAISAL - EXECUTIVE DEVELOPMENT -
PROMOTION -TRANSFERS - DISCIPLINE AND GRIEVANCES - COMMUNICATION - TYPES -
IMPORTANCE AND BARRIERS
KNOWLEDGE MANAGEMENT - INCENTIVES FOR KNOWLEDGE MANAGEMENT -
ESSENTIAL OUTCOMES OF KNOWLEDGE MANAGEMENT
MOTIVATION - FINANCIAL INCENTIVES - INDIVIDUAL INCENTIVE PLANS - GROUP
INCENTIVE PLANS - COMPETENCE MOTIVE - AFFILIATION MOTIVATION
TRADE UNIONS - FUNCTION OF TRADE UNIONS - REGISTERED TRADE UNION - RIGHT
AND LIABILITIES OF REGISTERED TRADE UNION
LEADERSHIP AND MANAGERIAL EFFECTIVENESS - DISTINCTION BETWEEN INFLUENCE,
POWER AND AUTHORITY - SOURCES OF POWER - ACCEPTANCE OF AUTHORITY -
MANAGER AND LEADERS - THEORIES OF LEADERSHIP -ATTITUDES AND BEHAVIOUR -
COGNITIVE CONSISTENCY THEORIES - QUANTITIES REQUIRED FOR SUCCESSFUL
LEADER
PERSONALITY - PERSONALITY THEORIES - DETERMINANTS OF PERSONALITY -
PERCEPTION - NEED AND PERCEPTION - PERCEPTION SELECTIVITY - DISTORTION IN
PERSON PERCEPTION - MANAGERIAL IMPLICATION OF PERCEPTION
LEARNING - MEANING - PRINCIPLES OF LEARNING - REINFORCEMENT PRINCIPLES -
ADMINISTRATIVE REINFORCEMENT
MASTER OF ARTS IN SOCIOLOGY
2 Yr.
HUMAN RESOURCE MANAGEMENT(2040201)
ORGANIZATIONAL CLIMATE - FIVE FACTORS IN ORGANIZATIONAL CLIMATE - IMPACT -
GROWTH OF A SOUND ORGANIZATIONAL CLIMATE - PARTICIPATION AND
ORGANIZATIONAL CLIMATE - MORALE - MEASUREMENT OF MORALE - MORALE BUILDING
- WORKER`S PARTICIPATION - ISSUES - MEASURES
ORGANIZATIONAL CHANGE AND DEVELOPMENT - REASONS - OBJECTIVES - HUMAN
REACTION TO CHANGE - RESISTANCE TO CHANGE - OVERCOMING RESISTANCE TO
CHANGE - ROLE OF GROUP DYNAMICS - ORGANIZATIONAL FAILURE TO CHANGE -
ORGANIZATIONAL GROWTH AND CHANGE - ORGANIZATIONAL DEVELOPMENT -
LIMITATION AND STAGES
DATA - TYPES OF DATA - CLASSIFICATION AND TABULATION
DIAGRAMATIC AND GRAPHICAL REPRESENTATIONS OF STATISTICAL DATA - MEASURES
OF CENTRAL TENDENCIES - DISPERSIONS.
CORRELATION - SIMPLE CORRELATION - RANK CORRELATION - PARTIAL AND MULTIPLE
CORRELATIONS (RESTRICTED ONLY 3 VARIABLES) - REGRESSION LINES (RESTRICTED
ONLY 3-VARIABLES)
TIME SERIES ANALYSIS - COMPONENTS - MEASUREMENTS OF SEASONAL VARIATIONS
AND SECULAR TRENDS
INDEX NUMBERS - MEANING - DEFINITIONS - CONSTRUCTION OF INDEX NUMBERS
SIMPLE AND WEIGHTED AGGREGATE METHODS
VARIOUS TESTS BASED ON INDEX NUMBERS - C.B.I AND FBI.
PROBABILITY - RELATIVE AND SUBJECTIVE PROBABILITY
ADDITION AND MULTIPLICATION - BAYES THEOREMS
PROBABILITY DISTRIBUTIONS - BINOMIAL, POISSON NORMAL AND UNIFORM
DISTRIBUTIONS
STATISTICAL ESTIMATION AND TESTING
POINT AND INTERVAL ESTIMATIONS OF POPULATION - MEAN, VARIANCE AND
PROPORTIONS - ANALYSIS OF VARIANCE
MASTER OF ARTS IN BUSINESS ECONOMICS
BUSINESS STATISTICS(2030603)
MANAGEMENT INFORMATION SYSTEM - EVOLUTION OF MIS - GROWTH OF MIS -
MANAGEMENT THEORY AND MIS - THEORIES OF EVOLUTION OF MIS - DEFINITION OF
MIS - CHARACTERISTICS OF MIS
CONCEPTS OF INFORMATION - DATA AND INFORMATION - STEPS IN DATA PROCESSING
- FEATURES IN INFORMATION - DIMENSIONS OF INFORMATION - DATA REDUCTION -
DATA SUMMARIZATION - QUALITY OF INFORMATION
STRUCTURE OF MANAGEMENT INFORMATION SYSTEMS - MULTIPLE APPROACHES TO
STRUCTURE OF MIS - EXTENT OF INTEGRATION OF INFORMATION SYSTEM -
INFORMATION NETWORK
TRANSACTION PROCESSING SYSTEM - TRANSACTION PROCESSING CYCLE - FEATURES
OF TPS - TRANSACTION DOCUMENTS - TRANSACTIONS PROCESSING MODES -
FUNCTIONAL TPS
DECISION SUPPORT SYSTEM - CHARACTERISTICS OF DSS - COMPONENTS OF DSS -
DSS TOOLS FOR DIFFERENT LEVELS OF MANAGEMENT - GROUP DECISION SUPPORT
SYSTEM
ENTERPRISE RESOURCE PLANNING SYSTEMS - EVOLUTION OF ERP - MANUFACTURING
RESOURCE PLANNING - FUNCTIONALITIES OF SAP R / 3 - ERP IMPLEMENTATION -
ISSUES IN IMPLEMENTING ERP - BENEFITS OF ERP
ROLE OF COMPUTERS IN MIS - ROLE OF COMPUTER IN MIS SUBSYSTEMS -
PRODUCTION INFORMATION SYSTEM - MARKETING INFORMATION SYSTEM - FINANCE
INFORMATION SYSTEM PERSONNEL INFORMATION SYSTEM
PLANNING FOR MIS - STRATEGIC INFORMATION SYSTEM PLANNING - ALIGNING
INFORMATION SYSTEM AND THE BUSINESS PLANNING - MAJOR CONSIDERATIONS IN
STRATEGIC PLANNING FOR INFORMATION SYSTEM - APPROACHES TO INFORMATION
SYSTEM PLANNING - CHALLENGES IN INFORMATION SYSTEM PLANNING - PRINCIPLES
OF PLANNING
MANAGEMENT INFORMATION SYSTEM (MBA)(2040401)
SYSTEMS DEVELOPMENT - SYSTEM DEVELOPMENT METHODOLOGIES - PEOPLE
INVOLVED IN SYSTEM DEVELOPMENT - TOOLS FOR SYSTEMS DEVELOPMENT -
EVOLUTIONARY SOFTWARE PROCESS MODELS
SYSTEM ANALYSIS - REASONS FOR INITIATING SYSTEMS ANALYSIS - STRUCTURED
SYSTEMS ANALYSIS - SYSTEM ANALYSIS TOOLS AND TECHNIQUES - ADVANTAGES OF
DATABASE SYSTEMS - DISADVANTAGES OF DATABASE
SOCIAL AND LEGAL ASPECTS OF COMPUTERIZATION - MORAL DIMENSIONS OF
INFORMATION TECHNOLOGY USE - SOCIAL ISSUES - COMPUTER CRIMES - IMPACT OF
COMPUTERS IN INDIVIDUALS - ORGANIZATION AND SOCIETY
ELECTRONIC COMMERCE - TYPES OF ELECTRONIC COMMERCE - ELECTRONIC DATA
INTERCHANGE - BUSINESS OPPORTUNITIES OPENED UP BY THE INTERNET - THREATS
FROM INTERNET BASED ELECTRONIC COMMERCE
MIS - P. MOHAN - HIMALAYA PUBLISHING HOUSE - MUMBAI
MARKETING MANAGEMENT AND ITS EVOLUTION - NATURE AND SCOPE OF MARKETING
OBJECTIVE
MARKETING PROCESS - MARKETING FUNCTION - MARKET MIX - MARKET PLANNING -
ORGANIZING
MARKET ENVIRONMENT AND MARKET CONTROL AND PERFORMANCE AND ITS
IMPLEMENTATION.
BUYING DECISION - CONSUMER BEHAVIOR - MEANING NATURE - FACTORS
INFLUENCING CONSUMER BEHAVIOR - CULTURAL, SOCIAL ETC
BUYING DECISION PROCESS MARKET SEGMENTATION
PRODUCTION DECISIONS - PRODUCT PLANNING AND POLICY FOR OLD AND NEW
PRODUCT - ITS IMPLEMENTATION - PRODUCT DEVELOPMENT
PRODUCT LIFE CYCLE - PACKAGING
PRICING DECISION AND DISTRIBUTION DECISIONS - FACTORS AFFECTING PRICE
DETERMINATION
PRICING POLICIES AND STRATEGIES - NATURE - FUNCTIONS
TYPES OF CHANNELS INTERMEDIARIES - CHANNEL MANAGEMENT
PROMOTIONAL DECISIONS - COMMUNICATION PROCESS - PROMOTIONAL MIX -
ADVERTISING - OTHER TOOLS AND TECHNIQUES
MARKETING RESEARCH AND INFORMATION
MARKETING MANAGEMENT(2040301)
Years2
CONCEPT OF FUNCTION AND TYPES OF FUNCTIONS; LIMIT, CONTINUITY AND
DERIVATIVE; RULES OF DIFFERENTIATION;INTERPRETATION OF REVENUE, COST,
DEMAND, SUPPLY FUNCTIONS; ELASTICITIES AND THEIR TYPES; MULTIVARIABLE
FUNCTIONS; CONCEPT AND TYPES OF PRODUCTION FUNCTIONS; RULES OF PARTIAL
DIFFERENTIATION AND INTERPRETATION OF PARTIAL DERIVATIVES; PROBLEMS OF
MAXIMA AND MINIMA IN SINGLE AND MULTIVARIABLE FUNCTIONS; UNCONSTRAINED
AND CONSTRAINED OPTIMIZATION IN SIMPLE ECONOMIC PROBLEMS.
SIMPLE PROBLEM IN MARKET EQUILIBRIUM; CONCEPT OF INTEGRATION; SIMPLE RULES
OF INTEGRATION; APPLICATION TO CONSUMER`S SURPLUS AND PRODUCER`S
SURPLUS; GROWTH RATES AND SIMPLE PROPERTIES OF TIME PATH OF CONTINUOUS
VARIABLES.
DETERMINANTS AND THEIR BASIC PROPERTIES; SOLUTION OF SIMULTANEOUS
EQUATIONS THROUGH INVERSION AND RANK OF A MATRIX; CONCEPT OF VECTOR - ITS
PROPERTIES; MATRICES AND CRAMER`S RULE, CONCEPT OF MATRIX - THEIR TYPES;
SIMPLE OPERATIONS ON MATRICES, MATRIX VECTORS.
CONCEPT OF QUADRATIC FORMS - EIGEN ROOTS AND EIGEN VECTORS; INTRODUCTION
TO INPUT-OUTPUT ANALYSIS; DIFFERENCE EQUATIONS - SOLUTION OF FIRST ORDER
AND SECOND ORDER DIFFERENCE EQUATIONS; APPLICATIONS IN TRADE CYCLE
MODELS; GROWTH MODELS AND LAGGED MARKET EQUILIBRIUM MODELS.
LINEAR PROGRAMMING - BASIC CONCEPT; FORMULATION OF A LINEAR PROGRAMMING
PROBLEM - ITS STRUCTURE AND VARIABLES; NATURE OF FEASIBLE, BASIC AND
OPTIMAL SOLUTION; SOLUTION OF LINEAR PROGRAMMING THROUGH GRAPHICAL AND
SIMPLEX METHODS;
STATEMENT OF BASIC THEOREMS OF LINEAR PROGRAMMING.
FORMULATION OF THE DUAL OF A PROGRAMME AND ITS INTERPRETATION; SHADOW
PRICES AND THEIR USES; CONCEPT OF DUALITY AND STATEMENT OF DUALITY
THEOREMS; CONCEPT OF A GAME; STRATEGIES - SIMPLE AND MIXED; VALUE OF A
GAME; SADDLE POINT SOLUTION; SIMPLE APPLICATIONS.
MEANING, ASSUMPTIONS AND LIMITATIONS OF SIMPLE CORRELATION AND
REGRESSION ANALYSIS; PEARSON`S PRODUCT MOMENT AND SPEARMAN`S RANK
CORRELATION COEFFICIENTS AND THEIR PROPERTIES; CONCEPT OF THE LEAST
SQUARES AND THE LINES OF REGRESSION
QUANTATIVE METHODS(2020211)
STANDARD ERROR OF ESTIMATE; PARTIAL AND MULTIPLE CORRELATION AND
REGRESSION (APPLICATIONS ONLY); METHODS OF ESTIMATION OF NON-LINEAR
EQUATIONS - PARABOLIC, EXPONENTIAL, GEOMETRIC, MODIFIED EXPONENTIAL,
GOMPERTZ AND LOGISTIC RELATIONSHIPS.
DETERMINISTIC AND DETERMINISTIC EXPERIMENTS; VARIOUS TYPES OF EVENTS -
CLASSICAL AND EMPIRICAL DEFINITIONS OF PROBABILITY; LAWS OF ADDITION AND
MULTIPLICATION; CONDITIONAL PROBABILITY AND CONCEPT OF INTERDEPENDENCE;
BAYE`S THEOREM AND ITS APPLICATIONS.
ELEMENTARY CONCEPT OF RANDOM VARIABLE; PROBABILITY, MASS AND DENSITY
FUNCTIONS; EXPECTATIONS, MOMENTS AND MOMENT GENERATING FUNCTIONS;
PROPERTIES (WITHOUT DERIVATIONS) OF BINOMIAL, POISSON AND NORMAL
DISTRIBUTIONS.
BASIC CONCEPT OF SAMPLING - RANDOM AND NON-RANDOM SAMPLING; SIMPLE
RANDOM; STRATIFIED RANDOM AND P. P. S. SAMPLING; CONCEPT OF AN ESTIMATOR
AND ITS SAMPLING DISTRIBUTION.
DESIRABLE PROPERTIES OF AN ESTIMATOR; FORMULATION OF STATISTICAL
HYPOTHESES - NULL AND ALTERNATIVE; GOODNESS OF FIT; CONFIDENCE INTERVALS
AND LEVEL OF SIGNIFICANCE; HYPOTHESIS TESTING BASED ON Z, T, X2 (CHI-SQUARE)
AND F TESTS; TYPE 1 AND TYPE 2 ERRORS.
ECONOMIC GROWTH AND DEVELOPMENT - FACTORS AFFECTING ECONOMIC GROWTH :
CAPITAL, LABOUR AND TECHNOLOGY; GROWTH MODELS - HARROD AND DOMAR,
INSTABILITY OF EQUILIBRIUM; NEO-CLASSICAL GROWTH MODELS - SOLOW AND MEADE,
MRS. JOAN
ROBINSON`S GROWTH MODEL; CAMBRIDGE CRITICISM OF NEO-CLASSICAL ANALYSIS
OF GROWTH, THE CAPITAL CONTROVERSY.
TECHNOLOGICAL PROGRESS - EMBODIED AND DISEMBODIED TECHNICAL PROGRESS;
HICKS, HARROD; LEARNING BY DOING, PRODUCTION FUNCTION APPROACH TO THE
ECONOMIC GROWTH; TOTAL FACTOR PRODUCTIVITY AND GROWTH ACCOUNTING;
GROWTH MODELS OF KALDOR AND PASINETTI, OPTIMAL SAVINGS AND RAMSAY`S
RULE.
GOLDEN RULE OF ACCUMULATION, TWO-SECTOR MODEL OF UJAWA, STABILITY OF
EQUILIBRIUM; MONEY IN ECONOMIC GROWTH, TOBIN, LEVHARI, PATINKIN AND
JOHNSON; ENDOGENOUS GROWTH; INTELLECTUAL CAPITAL; ROLE OF LEARNING,
EDUCATION AND RESEARCH; AK MODEL - EXPLANATIONS OF CROSS COUNTRY
DIFFERENTIALS IN ECONOMIC GROWTH.
DEVELOPMENT AND UNDERDEVELOPMENT - PERPETUATION OF UNDERDEVELOPMENT;
POVERTY ABSOLUTE AND RELATIVE; MEASURING DEVELOPMENT AND DEVELOPMENT
GAP - PER CAPITA INCOME, INEQUALITY OF INCOME, HUMAN DEVELOPMENT INDEX AND
OTHER INDICES OF DEVELOPMENT AND QUALITY OF LIFE - FOOD SECURITY,
EDUCATION, HEALTH AND NUTRITION;
HUMAN RESOURCE DEVELOPMENT; POPULATION PROBLEM AND GROWTH PATTERN OF
POPULATION - THEORY OF DEMOGRAPHIC TRANSITION; POPULATION AS LIMITS TO
GROWTH AND AS ULTIMATE SOURCE - POPULATION, POVERTY AND ENVIRONMENT;
ECONOMIC DEVELOPMENT AND INSTITUTIONS - MARKETS AND MARKET FAILURE,
STATE AND STATE FAILURE, ISSUES OF GOOD
GOVERNANCE.
CLASSICAL THEORY OF DEVELOPMENT - CONTRIBUTIONS OF ADAM SMITH, RICARDO,
MALTHUS AND JAMES MILL; KARL MARX AND DEVELOPMENT OF CAPITALISTIC
ECONOMY - THEORY OF SOCIAL CHANGE, SURPLUS VALUE AND PROFIT; IMMUTABLE
LAWS OF CAPITALIST DEVELOPMENT; CRISIS IN CAPITALISM - SCHUMPETER AND
CAPITALISTIC DEVELOPMENT INNOVATION - ROLE OF CREDIT, PROFIT AND
DEGENERATION OF CAPITALISM; STRUCTURAL ANALYSIS OF DEVELOPMENT;
IMPERFECT MARKET PARADIGM.
ECONOMICS OF GROWTH AND DEVELOPMENT (BU.ECO)(2020212)
PARTIAL THEORIES OF GROWTH AND DEVELOPMENT - VICIOUS CIRCLE OF POVERTY,
CIRCULAR CAUSATION, UNLIMITED SUPPLY OF LABOUR, BIG PUSH, BALANCED
GROWTH, UNBALANCED GROWTH, CRITICAL MINIMUM EFFORT THESIS, LOW-INCOME
EQUILIBRIUM TRAP; DUALISM -TECHNICAL, BEHAVIOURAL AND SOCIAL; RANIS AND FEI
MODEL; DIXIT AND MARGLIN MODEL, KELLY ET. AL. MODEL; DEPENDENCY THEORY OF
DEVELOPMENT; STRUCTURAL VIEW OF DEVELOPMENT.
ROLE OF AGRICULTURE IN ECONOMIC DEVELOPMENT; EFFICIENCY AND PRODUCTIVITY
IN AGRICULTURE, NEW TECHNOLOGY AND SUSTAINABLE AGRICULTURE;
GLOBALIZATION AND AGRICULTURAL GROWTH; RATIONALE AND PATTERN OF
INDUSTRIALIZATION IN DEVELOPING
COUNTRIES; THE CHOICE OF TECHNIQUES AND APPROPRIATE TECHNOLOGY AND
EMPLOYMENT; EFFICIENCY OF SMALL-SCALE VS. LARGE-SCALE PRODUCTION; TERMS
OF TRADE BETWEEN AGRICULTURE AND INDUSTRY; INFRASTRUCTURE AND ITS
IMPORTANCE; LABOUR MARKETS AND THEIR FUNCTIONING IN DEVELOPING
COUNTRIES.
INTERNATIONAL TRADE AS ENGINE OF GROWTH; STATIC AND DYNAMIC GAINS FROM
TRADE; PREBISCH, SINGER AND MYRDAL THESIS VS. FREE TRADE; EXPORT-LET
GROWTH; DUAL GAP ANALYSIS; BALANCE OF PAYMENTS; TARIFFS AND EFFECTIVE
PROTECTION; POST-GATT INTERNATIONAL ECONOMIC ORDER; WTO AND DEVELOPING
ROLE OF MONETARY AND FISCAL POLICIES IN DEVELOPING COUNTRIES - PRIOR
SAVINGS, INFLATION AND GROWTH - EMPIRICAL EVIDENCE; EXTERNAL RESOURCES -
FDI, AID VS. TRADE, TECHNOLOGY INFLOW; MNC ACTIVITY IN DEVELOPING COUNTRIES;
BORROWINGS -DOMESTIC AND EXTERNAL; BURDEN OF BORROWING - IMF
APPROACHES TO ECONOMIC DEVELOPMENT AND ITS MEASUREMENT - SUSTAINABLE
DEVELOPMENT; ROLE OF STATE, MARKET AND OTHER INSTITUTIONS; INDICATORS OF
DEVELOPMENT - PQLI, HUMAN DEVELOPMENT INDEX (HDI), GENDER DEVELOPMENT
INDICES.
OBJECTIVES AND STRATEGY OF PLANNING; FAILURES AND ACHIEVEMENTS OF PLANS;
DEVELOPING GRASS-ROOT ORGANIZATIONS FOR DEVELOPMENT - PANCHAYATS, NGOS
AND PRESSURE GROUPS.
BROAD DEMOGRAPHIC FEATURES OF INDIAN POPULATION; RURAL-URBAN MIGRATION;
URBANIZATION AND CIVIC AMENITIES; POVERTY AND INEQUALITY.
ENERGY; SOCIAL INFRASTRUCTURE - EDUCATION AND HEALTH; ENVIRONMENT;
REGIONAL IMBALANCE; ISSUES AND POLICIES IN FINANCING INFRASTRUCTURE
DEVELOPMENT.
INSTITUTIONAL STRUCTURE - LAND REFORMS IN INDIA; TECHNOLOGICAL CHANGE IN
AGRICULTURE - PRICING OF AGRICULTURAL INPUTS AND OUTPUT.
INDUSTRY; AGRICULTURAL FINANCE POLICY; AGRICULTURAL MARKETING AND
WAREHOUSING; ISSUES TERMS OF TRADE BETWEEN AGRICULTURE AND IN FOOD
SECURITY - POLICIES FOR SUSTAINABLE AGRICULTURE.
INDUSTRIAL POLICY; PUBLIC SECTOR ENTERPRISES AND THEIR PERFORMANCE;
PROBLEM OF SICK UNITS IN INDIA; PRIVATIZATION AND DISINVESTMENT DEBATE.
GROWTH AND PATTERN OF INDUSTRIALIZATION; SMALL-SCALE SECTOR;
PRODUCTIVITY IN INDUSTRIAL SECTOR; EXIT POLICY - ISSUES IN LABOUR MARKET
REFORMS; APPROACHES FOR EMPLOYMENT GENERATION.
FISCAL FEDERALISM - CENTRE-STATE FINANCIAL RELATIONS; FINANCES OF CENTRAL
GOVERNMENT; FINANCES OF STATE GOVERNMENTS; PARALLEL ECONOMY; PROBLEMS
RELATING TO FISCAL POLICY; FISCAL SECTOR REFORMS IN INDIA.
ANALYSIS OF PRICE BEHAVIOUR IN INDIA; FINANCIAL SECTOR REFORMS; INTEREST
RATE POLICY; REVIEW OF MONETARY POLICY OF RBI; MONEY AND CAPITAL MARKETS;
WORKING OF SEBI IN INDIA.
INDIAN ECONOMIC POLICY(2020213)
STRUCTURE AND DIRECTION OF FOREIGN TRADE; BALANCE OF PAYMENTS; ISSUES IN
EXPORT-IMPORT POLICY AND FEMA; EXCHANGE RATE POLICY; FOREIGN CAPITAL AND
MNCS IN INDIA; THE PROGRESS OF TRADE REFORMS IN INDIA.
RATIONALE OF INTERNAL AND EXTERNAL REFORMS; GLOBALIZATION OF INDIAN
ECONOMY; WTO AND ITS IMPACT ON THE DIFFERENT SECTORS OF THE ECONOMY;
NEED FOR AND ISSUES IN GOOD GOVERNANCE; ISSUES IN COMPETITION AND SAFETY
NETS IN INDIAN ECONOMY.
THE PURE THEORY OF INTERNATIONAL TRADE - THEORIES OF ABSOLUTE ADVANTAGE,
COMPARATIVE ADVANTAGE AND OPPORTUNITY COSTS, MODERN THEORY OF
INTERNATIONAL TRADE; THEOREM OFFACTOR PRICE EQUALIZATION.
EMPIRICAL TESTING OF THEORY OF ABSOLUTE COST AND COMPARATIVECOST -
HECKSCHER-OHLIN THEORY OF TRADE. KRAVIS AND LINDER THEORY OF TRADE, ROLE
OFDYNAMIC FACTORS, I. E., CHANGES IN TASTES, TECHNOLOGY AND FACTOR
ENDOWMENTS INEXPLAINING THE EMERGENCE OF TRADE.
THE RYBCZYNSKI THEOREM - CONCEPT AND POLICY IMPLICATIONS OF IMMISERIZING
GROWTH; CAUSES OF EMERGENCE AND MEASUREMENT OF INTRAINDUSTRYTRADE
AND ITS IMPACT ON DEVELOPING ECONOMIES.
MEASUREMENT OF GAINS FROM TRADE AND THEIR DISTRIBUTION; CONCEPTS OF
TERMS OF TRADE,THEIR USES AND LIMITATIONS; HYPOTHESIS OF SECULAR
DETERIORATION OF TERMS OF TRADE, ITSEMPIRICAL RELEVANCE AND POLICY
IMPLICATIONS FOR LESS DEVELOPED COUNTRIES; TRADE AS ANENGINE OF ECONOMIC
GROWTH; WELFARE IMPLICATIONS - EMPIRICAL EVIDENCE AND POLICYISSUES.
THE THEORY OF INTERVENTIONS (TARIFFS, QUOTAS AND NON-TARIFF
BARRIERS);ECONOMIC EFFECTS OF TARIFFS AND QUOTAS ON NATIONAL INCOME,
OUTPUT, EMPLOYMENT, TERMSOF TRADE, INCOME, OUTPUT, EMPLOYMENT, TERMS OF
TRADE, INCOME DISTRIBUTION; BALANCE OF PAYMENTS ON TRADING PARTNERS BOTH
IN PARTIAL AND GENERAL EQUILIBRIUM ANALYSIS.
THEPOLITICAL ECONOMY OF NON-TARIFF BARRIERS AND THEIR IMPLICATIONS;
NOMINAL, EFFECTIVE ANDOPTIMUM RATES OF TARIFFS - THEIR MEASUREMENT,
IMPACT AND WELFARE IMPLICATIONS; TRADEUNDER IMPERFECTLY COMPETITIVE
MARKET.
MEANING AND COMPONENTS OF BALANCE OF PAYMENTS; EQUILIBRIUM AND
DISEQUILIBRIUM INTHE BALANCE OF PAYMENTS; THE PROCESS OF ADJUSTMENT
UNDER SYSTEMS OF GOLD STANDARD,FIXED EXCHANGE RATES AND FLEXIBLE
EXCHANGE RATES; EXPENDITURE-REDUCING ANDEXPENDITURE-SWITCHING POLICIES
AND DIRECT CONTROLS FOR ADJUSTMENT; POLICIES FOR ACHIEVING INTERNAL AND
EXTERNAL EQUILIBRIUM SIMULTANEOUSLY UNDER ALTERNATIVE EXCHANGERATE
REGIMES.
ECONOMICS OF MONEY AND BANKING(2020214)
A CRITICAL REVIEW OF THE MONETARY APPROACH TO THE THEORY OF BALANCE
OFPAYMENTS ADJUSTMENT; FOREIGN TRADE MULTIPLIER WITH AN WITHOUT FOREIGN
REPERCUSSIONS AND DETERMINATION OF NATIONAL INCOME AND OUTPUT; RELATIVE
MERITS AND DEMERITS OF FIXED AND FLEXIBLE EXCHANGE RATES IN THE CONTEXT
OF GROWTH AND DEVELOPMENT IN DEVELOPINGCOUNTRIES.
FORMS OF ECONOMIC COOPERATION; REFORMS FOR THE EMERGENCE OF TRADING
BLOCKS AT THE GLOBAL LEVEL; STATIC AND DYNAMIC EFFECTS OF A CUSTOMS UNION
AND FREE TRADE AREAS;RATIONALE AND ECONOMIC PROGRESS OF SAARC/SAPTA
AND ASEAN REGIONS.
PROBLEMS AND PROSPECTS OF FORMING A CUSTOMS UNION IN THE ASIAN REGION,
.REGIONALISM (EU, NAFTA); MULTILATERALISM AND WTO; RISE AND FALL OF GOLD
STANDARDAND. BRETTON-WOODS SYSTEM; NEED, ADEQUACY AND DETERMINANTS OF
INTERNATIONALRESERVES; CONDITIONALITY CLAUSE OF IMF; EMERGING
INTERNATIONAL MONETARY SYSTEM WITHSPECIAL REFERENCE TO POST-MAASTRICHT
DEVELOPMENTS AND DEVELOPING COUNTRIES.
REFORM OF THE INTERNATIONAL MONETARY SYSTEM, INDIA AND DEVELOPING
COUNTRIES; THEORY OFSHORT-TERM CAPITAL MOVEMENTS AND EAST-ASIAN CRISIS
AND LESSONS FOR DEVELOPING COUNTRIES; INTERNATIONAL TRADE AND FINANCIAL
INSTITUTIONS - FUNCTIONS OF GATT/WTO(TRIPS, TRIMS), UNCTAD, IMF, WORLD BANK
AND ASIAN DEVELOPMENT BANK -THEIR ACHIEVEMENTS AND FAILURES; WTO AND
WORLD BANK FROM THE POINT OF VIEW OFINDIA.
TRADE PROBLEMS AND TRADE POLICIES IN INDIA DURING THE LAST FIVE DECADES;
RECENTCHANGES IN THE DIRECTION AND COMPOSITION OF TRADE AND THEIR
IMPLICATIONS; RATIONALEAND IMPACT OF TRADE REFORMS SINCE 1991 ON BALANCE
BASIC ECONOMIC PROBLEM - CHOICE AND SCARCITY; DEDUCTIVE AND INDUCTIVE
METHODS OF ANALYSIS; POSITIVE AND NORMATIVE ECONOMICS; ECONOMIC MODELS;
CHARACTERISTICS OF EQUILIBRIUM AND DISEQUILIBRIUM SYSTEMS.
ELASTICITIES (PRICE, CROSS, INCOME) OF DEMAND - THEORETICAL ASPECTS AND
EMPIRICAL ESTIMATION; ELASTICITY OF SUPPLY; THEORIES OF DEMAND - UTILITY;
INDIFFERENCE CURVE (INCOME AND SUBSTITUTION EFFECTS, SLUTSKY THEOREM,
COMPENSATED
DEMAND CURVE) AND THEIR APPLICATIONS; REVEALED PREFERENCE THEORY.
REVISION OF DEMAND THEORY BY HICKS; CONSUMER`S CHOICE INVOLVING RISK;
INDIRECT UTILITY FUNCTIONS (DUALITY THEORY); RECENT DEVELOPMENTS IN DEMAND
ANALYSIS (PRAGMATIC APPROACH AND LINEAR EXPENDITURE SYSTEMS);
CONSUMER`S SURPLUS; INTER-TEMPORAL CONSUMPTION; RECENT DEVELOPMENTS IN
DEMAND.
PRODUCTION FUNCTION - SHORT PERIOD AND LONG PERIOD; LAW OF VARIABLE
PROPORTIONS AND RETURNS TO SCALE; ISOQUANTS - LEAST COST COMBINATION OF
INPUTS; RETURNS TO FACTORS; ECONOMIES OF SCALE; MULTI-PRODUCT FIRM;
ELASTICITY OF SUBSTITUTION; EULER`S THEOREM; TECHNICAL PROGRESS AND
PRODUCTION FUNCTION.
COBB-DOUGLAS, CES, VES AND TRANSLOG PRODUCTION FUNCTIONS AND THEIR
PROPERTIES; EMPIRICAL WORK ON PRODUCTION FUNCTIONS; TRADITIONAL AND
MODERN THEORIES OF COSTS - EMPIRICAL WORK ON PRODUCTION FUNCTIONS;
TRADITIONAL AND MODERN THEORIES OF COSTS - EMPIRICAL EVIDENCE; DERIVATION
OF COST FUNCTIONS FROM PRODUCTION FUNCTIONS; DERIVED DEMAND FOR
FACTORS.
MARGINAL ANALYSIS AS AN APPROACH TO PRICE AND OUTPUT DETERMINATION;
PERFECT COMPETITION - SHORT RUN AND LONG RUN EQUILIBRIUM OF THE FIRM AND
INDUSTRY, PRICE AND OUTPUT DETERMINATION, SUPPLY CURVE; MONOPOLY - SHORT
RUN AND LONG RUN EQUILIBRIUM, PRICE DISCRIMINATION, WELFARE ASPECTS,
MONOPOLY CONTROL AND REGULATION; MONOPOLISTICS COMPETITION - GENERAL
AND CHAMBERLIN APPROACHES TO EQUILIBRIUM, EQUILIBRIUM OF THE FIRM AND THE
GROUP WITH PRODUCT DIFFERENTIATION AND SELLING COSTS.
EXCESS CAPACITY UNDER MONOPOLISTIC AND IMPERFECT COMPETITION, CRITICISM
OF MONOPOLISTIC COMPETITION; OLIGOPOLY - NON-COLLUSIVE (COURNOT,
MICRO ECONOMICS ANALYSIS(2020215)
BERTRAND, EDGEWORTH, CHAMBERLIN, KINKED DEMAND CURVE AND STACKELBERG`S
SOLUTION) AND COLLUSIVE (CARTELS AND MERGERS, PRICE LEADERSHIP AND BASING
POINT PRICE SYSTEM) MODELS; PRICE AND OUTPUT DETERMINATION UNDER
MONOPSONY AND BILATERAL MONOPOLY; WORKABLE COMPETITION - STRUCTURE,
CONDUCT AND PERFORMANCE NORMS.
CRITICAL EVALUATION OF MARGINAL ANALYSIS; BAUMOL`S SALES REVENUE
MAXIMIZATION MODEL; WILLIAMSON`S MODEL OF MANAGERIAL DISCRETION; MARRIS
MODEL OF MANAGERIAL ENTERPRISE; FULL COST PRICING RULE; BAIN`S LIMIT PRICING
THEORY AND ITS RECENT DEVELOPMENTS.
NEO-CLASSICAL APPROACH - MARGINAL PRODUCTIVITY THEORY; PRODUCT
EXHAUSTION THEOREM; ELASTICITY OF TECHNICAL SUBSTITUTION, TECHNICAL
PROGRESS AND FACTOR SHARES; THEORY OF DISTRIBUTION IN IMPERFECT PRODUCT
AND FACTOR MARKETS; DETERMINATION OF RENT, WAGES, INTEREST AND PROFIT;
MACRO THEORIES OF DISTRIBUTION - RICARDIAN, MARXIAN, KALECKI AND KALDOR`S.
PIGOVIAN WELFARE ECONOMICS; PARETO OPTIMAL CONDITIONS; VALUE JUDGMENT;
SOCIAL WELFARE FUNCTION; COMPENSATION PRINCIPLE; INABILITY TO OBTAIN
OPTIMUM WELFARE - IMPERFECTIONS, MARKET FAILURE, DECREASING COSTS,
UNCERTAINTY AND
NON-EXISTENT AND INCOMPLETE MARKETS; THEORY OF SECOND BEST - ARROW`S
IMPOSSIBILITY THEOREM; RAWL`S THEORY OF JUSTICE, EQUITY-EFFICIENCY TRADE
OFF.
PARTIAL AND GENERAL EQUILIBRIUM, WALRASIAN EXCESS DEMAND AND INPUTOUTPUT
APPROACHES TO GENERAL EQUILIBRIUM, EXISTENCE, STABILITY AND
UNIQUENESS OF EQUILIBRIUM AND GENERAL
BENTHAMITE APPROACH TO AGGREGATE WELFARE; OPTIMUM RESOURCE ALLOCATION
AND WELFARE MAXIMIZATION.
ASSUMPTION OF UNIFORM INCOME - UTILITY FUNCTION OF INDIVIDUALS. QUESTION OF
INCOME DISTRIBUTION; ISSUE OF INTERPERSONAL COMPARISONS OF UTILITY.
MARSHALLIAN WELFARE ECONOMICS: CONSUMER`S SURPLUS; MEASUREMENT OF
CONSUMER`S SURPLUS - DIFFICULTIES INVOLVED, CRITICISM.
PRINCIPLES OF COMPENSATING VARIATION; HICK`S FOUR CONSUMER`S SURPLUSES;
CONCEPT OF CONSUMER`S SURPLUS; CONSUMER`S SURPLUS AND TAX-BOUNTY
ANALYSIS.
PARETO OPTIMALITY - OPTIMUM EXCHANGE CONDITIONS, THE PRODUCTION OPTIMUM,
THE CONSUMPTION OPTIMUM; CONCEPT OF CONTRACT CURVE.
TOP LEVEL OPTIMUM; INFINITE NUMBER OF NON-COMPARABLE OPTIMA VS. UNIQUE
SOCIAL OPTIMUM.
COMPENSATION CRITERIA- CONTRIBUTIONS OF BARONE, KALDOR AND HICKS; THE
SCITOVSKY DOUBLE CRITERION.
CONCEPT OF COMMUNITY INDIFFERENCE MAP, SAMUELSON`S UTILITY POSSIBILITY
CURVE; VALUE JUDGMENTS AND WELFARE ECONOMICS.
BERGSON`S SOCIAL WELFARE FUNCTION, ARROW`SPOSSIBILITY THEOREM.
DIVERGENCE BETWEEN PRIVATE AND SOCIAL COTS; PROBLEMS OF NON-MARKET
INTERDEPENDENCE; EXTERNALITIES OF PRODUCTION AND CONSUMPTION.
EXTERNAL ECONOMIES AND DISECONOMIES; PROBLEM OF PUBLIC GOODS; PIGOVIAN
WELFARE ECONOMICS; SECOND BEST OPTIMA.
MARGINAL COST PRICING; COST-BENEFIT ANALYSIS; INTERDEPENDENT UTILITIES;
ATTEMPTS TO DEVELOP DYNAMIC WELFARE ANALYSIS.
INTERNATIONAL TRADE AND FINANCE(2020216)
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