DWARAKA DOSS GOVERDHAN

DOSS VAISHNAV COLLEGE

(Autonomous)
ARUMBAKKAM, CHENNAI - 600106

POST GRADUATE AND RESEARCH

DEPARTMENT OF ECONOMICS
SYLLABUS 2020-2021

1
 Vision

To excel in both, the science and art of Economics education, social science research and
analysis by empowering students with strong theoretical and practical knowledge.

Mission

1. To educate students with the foundation principles of core and allied disciplines
of Economics.
2. To provide practical and creative skills for problem solving and optimizing
decisions in the ever dynamic economic world.
3. To inculcate strong personal, technical, analytical, enterprenurial and leadership
skills.
4. To impart knowledge in lifelong learning, professional ethics and contribution to
the society.

Programme Educational Objectives (PEOs)

The Economics programme aims to achieve the following objectives

• Will be capable of optimizing their decisions at the individual, household, industry
and government level.
• Will be able to pursue research in fields such as developmental economics,
marketing, finance and human resource development.
• Will be able to exhibit team spirit and ethical values throughout their professional
career.

PROGRAM OUTCOME FOR POST GRADUATE

At the end of the programme the student will be able :

PO1 To attain suitable scientific knowledge and technical skills to realize, calibrate
and develop innovative processes / skills for creation of inventive products
which are beneficial to society.
PO2 To implement discipline, professionalism, team spirit, communication skills,
social and ethical commitment in the post graduates in order to embellish
leadership roles expediting perfection in different sector with a categorical
professional distinctiveness, business savvy, international recognition and
imperishable expansion

2
 PO3 To be habituated with the emerging expanses of erudition and their
applications in several domains of biological sciences and to enlighten the
students of its relevance in forthcoming studies
PO4 To enhance the insight of research-oriented knowledge in conjunction with
literature survey, design of experimental methodology, analysis and
interpretation of results and draw valid conclusions.
PO5 To provoke entrepreneurship among the students along with strong ethics
and communication skills
PO6 To engage in Lifelong learning and enduring proficient progress

Programme Specific Outcomes for Post Graduate Programme in Economics (PSOs)

On successful completion of the programme the students will be able

PSO1 - To comprehend and critically analyse economic phenomena that happen at the
National and Global level.
PSO2 - To apply the fundamental principles of economics for decision making at the
professional and personal level.
PSO3 - To evaluate the economic eco system.

PSO4 - To compare theories of various economic thinkers, evaluate their relevance to

present world situation and recommend modifications.
PSO5 - To weigh the strength and limitations of economic policies and formulate
policies through data analysis.
PSO6 - To be able to pursue research in economics or in related disciplines and clear
competitive examinations choosing economics as the main subject.
PSO7 - To obtain employment in financial sector, data analytics or turn into
entrepreneurs.

Mapping of PO & PSO – Post Graduate Programme

PO1 PO2 PO3 PO4 PO5 PO6

PSO1 3 3 2 2 2 3
PSO2 3 3 2 3 3 3
PSO3 3 3 2 2 2 3
PSO4 3 2 2 3 2 3
PSO5 3 2 2 3 3 3
PSO6 3 2 2 3 2 3
PSO7 3 3 2 2 3 3

3
 SEMESTER – I
Par COURSE TITLE CREDIT CIA ESE Total
t S
Core Paper I – Micro Economics - I 4 40 60 100
Core Paper II – Statistics Methods - I 4 40 60 100
Core PaperII I – Research Methodology 4 40 60 100
Core Paper IV- Health Economics 4 40 60 100
Elective I- Organisational and Behaviour 4 40 60 100
Economics
Soft Skills- I 2 40 60 100

Total 22

SEMESTER – II
Part COURSE TITLE CREDITS CIA ESE Total

Core Paper V –Micro Economics - II 4 40 60 100

Core Paper VI– Statistics - II 4 40 60 100
Core Paper VII- –Indian Economic 4 40 60 100
Development and Policy
Core Paper VIII- – Monetary 4 40 60 100
Economics
Elective II- Managerial Economics 4 40 60 100
Soft Skills- II 2 40 60 100

Total 22

SEMESTER – III

4
Part COURSE TITLE CREDITS CIA ESE Total

Core Paper – IX- Macro Economics-I 4 40 60 100

Core Paper X- Public Economics - I 4 40 60 100
Core Paper XI – International 4 40 60 100
Economics - I
Core Paper XII- Financial Markets and 4 40 60 100
Services -I
Elective III – Entrepreneurial 4 40 60 100
Development
Soft Skills- III 2 40 60 100

Total 22

SEMESTER – IV
Part COURSE TITLE CREDITS CIA ESE Total

Core Paper – XIII- Macro Economics II 4 40 60 100

Core Paper XIV- Public Economics - II 4 40 60 100
Core Paper XV – International 4 40 60 100
Economics - II
Core Paper XVI- Financial Markets and 4 40 60 100
Services -II
Elective IV – Human Resource 4 40 60 100
Management
Elective IV – Economics of Education 4 40 60 100
Soft Skill- IV 2 40 60 100
Internship 3
Total 25
Elective Offered for Other 4 40 60 100
Departments-Contemporary Economic
Issues

5
 I M.A.ECONOMICS

I SEMESTER II SEMESTER

MICRO ECONOMICS-1 MICRO ECONOMICS 11

STATISTICAL METHODS 1 STATSTICIAL METHODS 11

RESEARCH METHODOLOGY INDIAN ECONOMIC DEVELOPMENT

AND POLICY
HEALTH ECONOMICS MONETARY ECONOMICS

ORGANISATIONAL BEHAVIOURAL MANAGERIAL ECONOMICS

ECONOMICS

II M.A. ECONOMICS

III SEMESTER IV SEMESTER

MACRO ECONOMIC MACRO ECONOMIC

THEORY I THEORY - II

PUBLIC ECONOMICS - I PUBLIC ECONOMICS - II

INTERNATIONAL INTERNATIONAL
ECONOMICS - I ECONOMICS - II

FINANCIALMARKETS AND FINANCIAL MARKETS AND

SERVICES - I SERVICES -II

ENTREPRENURIAL HUMAN RESOURCE

DEVELOPMENT MANAGEMENT

6
 EVALUATION PATTERN (FOR P.G)

EVALUATION PATTERN (FOR P.G)

MARK ALLOCATION
INTERNAL MARKS 40 + EXTERNAL MARKS 60 = TOTAL MARKS 100

INTERNAL ASSESMENT PROCEDURE

SUBDIVISION MARKS
ATTENDANCE 5
CIA TEST 25
GENERIC SKILLS 10
TOTAL 40

QUESTION PAPER PATTERN FOR EXTERNAL EXAMINATION

PART-A
(5*8=40)
5 QUESTIONS TO BE ANSWERED OUT OF 8

PART-B
(3*20=60)
3 QUESTIONS TO BE ANSWERED OUT OF 5

7
 P.G.
SEM-I

8
 MICRO ECONOMIC THEORY-1
Subject Code: 31101 Total Hours: 90 hrs

Credits- 4

Course Description- Studies the behaviour patterns of individuals and firms in relation
to allocation of limited resources .

UNIT-I: THEORY OF DEMAND:

Theory of consumer behavior: The cardinal utility vs. The ordinal utility - The
indifference curve theory – Revealed Preference Hypothesis – Consumer’s surplus.
Elasticity of demand –Types and measurement.

UNIT-II: THEORY OF PRODUCTION:

The production function – Concept and Definition – Isoquants, MRTS - Laws
of production: Laws of returns to scale; The Law of Variable proportions. Cob-
Douglas and CES production functions – Equilibrium of the firm: Single and Multi
– product firms.

UNIT-III: THEORY OF COSTS:

Cost and Revenue Functions – Total and Marginal Approaches – The
traditional theory of cost: Short – run costs; Long – run costs -‘The Envelope curve’-
Modern theory of costs: Short-run costs; Long-run costs – ‘The L-shaped’ scale
curve – The relevance of the shape of cost curves in decision making.

UNIT-IV: THEORY OF THE FIRM - PERFECT COMPETITION:

Market structure - Perfect competition – Assumptions – Short run
equilibrium, long run equilibrium of the firm and industry with normal profits, super
normal profits and losses.

UNIT-V: MONOPOLY AND MONOPOLISTIC COMPETITION

Monopoly – Definition – Demand and Revenue – Equilibrium of the
monopolist – Short-run equilibrium – Long-run equilibrium – Price Discrimination
- Multi – plant firm – Bilateral monopoly – Duopoly - Monopolistic competition –
Product Differentiation - Selling Cost - Equilibrium of the firm – Excess Capacity.

Recommended Texts:

1.Baumol.W.J(1978), Economic Theory And Operations Analysis.

2.Cohen.K.J And Cyret R.M.(1976), Theory Of The Firm, Prentice Hall Of India.
3. H.L. Ahuja ( Principles of Micro Economics)
4. M.L. Jhingan Micro Economic Theory
5. S.Sankaran Micro Economics
Reference Books:
1.Ferguson,C.E.(1968), Micro Economic Theory, Cambridge University Press, London

9
2.Green,H.A.J(1964), Consumer Theory,2nd Edition, Macmillan.
3.Jack Hirschleifer (1980), Price Theory And Applications, 2nd Edition Macmillan.
4. K.E. Boulding ( A reconstruction of Economics)

Course Outcomes
Understanding the various aspects of consumer behaviour and elasticity of
CO1
demand
Evaluate the working of production process in the long run and the short
CO2
run
CO3 Understand the theories of cost in long run and short run period
CO4 Analyse the theory of firms under perfect competition
Understand monopoly and monopolistic competition of
CO5
markets

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7
CO1 3 2 3 3 2 3 3
CO2 3 3 2 3 1 3 3
CO3 2 3 3 2 2 3 3
CO4 2 2 2 3 1 3 3
CO5 3 3 2 3 2 3 3
Correlation levels: 1- Weak 2-Medium 3-High

10
 STATISTICAL METHODS-I
Subject code: 31102 Total Hours - 90

Credits- 4

Course Description-The student would be able to understand scientifically the methods

of conducting a statistical enquiry, presentation of data and its analysis through different
statistical tools. The student would be able to apply the statistical tools to virtual data
,obtain the results,interpret results and draw conclusions.

UNIT-I
Meaning - Definition, nature, significance and limitations of statistics -
Conducting a statistical enquiry – Planning & executing the enquiry - Application
of statistics. Collection of data – Sources of primary data - Direct personal interview,
indirect oral investigation, information from correspondents, mailed questionnaire
method, schedules sent through enumerators.

UNIT-II
Classification and tabulation – Meaning – Types - Geographical,
chronological, qualitative, quantitative – Tabulation - Meaning, Difference between
tabulation and classification, Parts of a table, Types of tables, Formulation of
frequency distribution.

UNIT-III
Measures of central Tendency - Introduction - Objectives of average,
Requisites of good average - Types of averages - Arithmetic mean, median, mode.

UNIT-IV
Measures of dispersion - Range - Merits and limitations, Inter quartile range
and quartile deviation - Merits and demerits, Standard deviation, Coefficient of
variation. Skewness – Meaning – Types - Karl Pearson’s and Bowley’s measure of
skewness.

UNIT-V
Index numbers - Meaning, uses, steps in the construction of index
numbers - Weighted and unweighted index numbers - Simple Aggregate -
Simple Average of Price Relatives -– Laspeyre – Paasche - Fisher’s ideal
Index, Bowley’s, method - Time reversal and factor reversal tests.

Recommended Texts:

1. S.P. Gupta – Statistical Methods

2. R.G.D. Allen – Mathematics for economists
11
 3. P.R. Vittal - Mathematical Statistics
4. Damodhar &Gujarathi - Economic models
5. H, Cramer (1946) - Mathematical Methods of Statistics, (Princeton).

Course Outcomes
To explain and apply the statistical methods involved in conducting a
CO1
statistical enquiry
CO2 To distinguish and apply the various methods of presentation of data.
CO3 To apply and evaluate the various measures of central tendency.
CO4 To apply and evaluate the various measures of dispersion and skewness
To illustrate the application of index numbers through
CO5
different methods.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7
CO1 3 3 2 2 3 3 3
CO2 3 2 2 2 2 3 3
CO3 3 3 2 2 2 3 3
CO4 3 3 2 2 2 3 3
CO5 3 3 2 2 2 3 3
Correlation levels: 1- Weak 2-Medium 3-High

12
 RESEARCH METHODOLOGY
Subject code: 31103 Total Hours - 90

Credits – 4

Course Description-The student would be able to understand the meaning of research

and get a step by step knowledge of the entire research process,

UNIT-I

Meaning of Research - Nature and scope of Social Research – Aims –

Objectives – Basic Principles of Research – Types of Research – Research Process.

UNIT-II
Review of Literature – Empirical and Theoretical Framework - Formulation
of Hypothesis – Selection of Research problem - Research design.

UNIT-III
Techniques of data collection - Observation, schedule, questionnaire and
interview method - Social survey - Case study.

UNIT-IV
Analysis of data – Editing – Coding - Processing - Consolidation and
tabulation – Scaling techniques - Likert’s scale – Application of software
techniques.

UNIT-V
Research presentation - General organization of research presentation –
Rules for arrangement of text, diagrams – Reference - Bibliography and footnote.

Recommended Texts:

1. Cochran w.g.(1983) - Sampling techniques(second edition)

2. Donald R.Cooper, Pamela S. Schindler(1999) - Business - Research Methods
Tata Mcgraw Hill, New Delhi.
3. V.Shanmugasundaram,- Methodology of Research in Social Science - Madras
University- 1974.

Reference Books:

1. Forces And Bircher(1973) - Social Research Method.

2. Basil Blackwell, Kiplinger - Foundation Of Behavioral Research
4. Kurien ,C.T.(Ed)(1973) - A Guide To Research In Economics- Sangam
publishing house
13
 5. Murthy ,M.N.(1967) - Sampling Theory And Methods – Statistical publishing
society

Course Outcomes
CO1 To explain the meaning of research, its aims, principles and types.
To be able to select a research problem after careful review of literature
CO2
and formulate the design for the study.
CO3 To distinguish between the various methods of data collection.
CO4 To outline the steps involved in the analysis of data.
To illustrate the general organization of a research thesis
CO5
with thorough understanding of the rules and ethics.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7
CO1 2 3 3 2 3 3 3
CO2 2 3 3 3 3 3 3
CO3 2 3 3 3 3 3 3
CO4 2 3 3 3 3 3 3
CO5 2 3 3 2 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

14
 HEALTH ECONOMICS
Subject code: 31104 Total hours – 90

Credits-4

Course Description-The student can understand the importance of investment in health

for human and economic development and the role of the government in this regard.

UNIT-I
Definition – Role of health in human development – Role of economics in
the health sector - Health indicators - Health status - Nutritional status -
Relationship of health care with macro economic performance - Health as an
investment.

UNIT-II
Demand for Health care services - Health inputs and health output -
Efficiency of production of Health services - Choice of health care - Allopathy,
Indian alternative medicines - Market for health services - Demand, supply and
equilibrium.

UNIT-III
Evaluation of Health care Programmes - Measuring cost – Measuring benefit
- Cost Effectiveness - Cost Benefit analysis – Standardized measures of outcome &
utility scores - Measures of QALY and DALY - Burden of Disease - Measures of
health gains and utilities.

UNIT-IV
Medical Tourism - Significance and role - Uncertainty and health insurance
market - Voluntary insurance - Social insurance systems – Alternative insurance
mechanisms.

UNIT-V
Health Sector in India – An overview – Health outcomes – Health systems -
Health financing - Health policy in India with special reference to Tamil Nadu.

Recommended Texts:

1. William Jack, Principles of Health Economics for Developing Countries, World Bank
Institute Development Studies, 1999
2. World Development Report, Investing in Health, The World Bank, 1993
3. Ronald G., Ehrenberg and Robert S., Smith, Modern Labor Economics: Theory and Public
Policy, Addison Wesley, 2005.

Reference Books:

15
 1. Baru R.V: Private Health Care in India, Social Characteristics and Trends (Sage, New
Delhi, 1998)
2. 2.Becker G.S: Human Capital (National Bureau of Economic Research, New York, 1974)
3. Berman P & Khan M.E: Paying for India’s Health Care (Sage, New Delhi, 1993)
4. Berman P (Ed): Human Health Sector Reform in Developing Countries -
5. Making Health Development Sustainable (Harvard Series on Population and International
Health, Boston 1995)

Course Outcomes
To explain the role of health and its indicators in human and economic
CO1
development
CO2 To assess the market for health services in terms of demand and supply
CO3 To evaluate health care programmes
To demonstrate the role of medical tourism and assess the health
CO4
insurance mechanism in India.
CO5 To analyse the health policy in India and Tamilnadu.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7
CO1 3 3 3 2 3 3 3
CO2 3 3 3 3 3 3 3
CO3 3 3 3 2 3 3 3
CO4 3 3 3 2 2 3 3
CO5 3 3 3 2 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

ORGANISATION & BEHAVIOURAL ECONOMICS

Subject code: 31105 Total hours – 90

Credits - 4

UNIT-I:
Introduction to organizational behavior - Foundation of individual behavior
- Personality – Perception – Learning - Values and attitudes.

UNIT-II:
Motivation – Early theories – Contemporary theories - Motivation at work -
Designing motivation jobs – Case study.
16
 UNIT-III:
Group Dynamics - Group behavior - Communication and group decision
making - Inter – Group relations – Case study.

UNIT-IV:
Leadership traits - Theories of X, Y, Z- Behavioral and contingency theories
– Power and Politics – Transactional analysis - Work stress - Case study.

UNIT-V:
Organizational structure and design – Organizational change and
development – Organizational culture and climate - Organizational conflict - Causes
- Types of conflict – Management conflict – Case study - Human conflict and its
impact.

Recommended texts:

1. Fred Luthens, Organisational Behaviour.

2. Stephen Robbins, Organisational Behaviour.
3. Khanka, Organisational Behaviour.
4. Organizational Behavior – L. M. Prasad (Sultan Chand)

Course Outcomes
To identify and develop communication techniques to resolve
CO1
organizational conflicts
To evaluate motivational techniques and its relationship with individual
CO2
behaviour
To identify various leadership styles and the role of leaders in decision
CO3
making process
CO4 To explain group dynamics and the role of employees in the group.
To understand organizational culture and implementation of
CO5
organizationalchange.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7
CO1 3 1 3 3
CO2 2 1 3 3
CO3 3 1 3 3
CO4 2 3 3 3
CO5 3 2 3 3
Correlation levels: 1- Weak 2-Medium 3-High

17
 P.G
SEM-II
MICRO ECONOMICS THEORY II
Subject code: 31206 Total hours – 90
Credits -4

Course Description- The subject analyses the behaviour patterns of individuals and
firms in relation to allocation of limited resources

UNIT-I: Oligopoly
Oligopoly: Collusive oligopoly – Non-collusive oligopoly – Cartels - Price
leadership, Cournot model, Stackelberg model. The kinked- demand curve

UNIT-II: Modern Theories of The Firm

Baumol’s theory of the sales revenue maximization Marris’s model of the
managerial enterprise O. Williamson’s model of managerial discretion The
behavioral model of cyert and March.

UNIT-III: Factor Pricing

Factor pricing – Perfect and imperfect markets - Product theorems - Euler’s
product exhaustion theorem - Walras product theorem.

UNIT-IV: General Equilibrium Theory

18
 Two sector model of general equilibrium: assumptions - Static properties of
a general equilibrium - General equilibrium and the allocation of resources and
money.

UNIT-V: Welfare Economics

Criteria of social welfare: The Pareto - Optimality criterion – The Kaldor –
Hicks compensation criterion - The Bergson criterion -Social welfare function’ -
Maximization of social welfare - Arrow’s impossibility theorem.

Recommended Texts:

1. Baumol.W.J(1978), Economic Theory And Operations Analysis.

2. Cohen.K.J And Cyret R.M.(1976), Theory Of The Firm, Prentice Hall Of India.
3. H.L. Ahuja (Principles of Micro Economics)
4. M.L. Jhingan Micro Economic Theory
5. S.Sankaran Micro Economics

Reference Books:
1. Ferguson,C.E.(1968), Micro Economic Theory, Cambridge University Press, London
2. Green,H.A.J(1964), Consumer Theory,2nd Edition, Macmillan.
3. Jack Hirschleifer (1980), Price Theory And Applications, 2nd Edition Macmillan.
4. K.E. Boulding (A reconstruction of Economics)
5. Abba.P. Lerner – Micro Economic Theory.

Course Outcomes
CO1 understanding various market structures and their functions
CO2 Analysing the various managerial theories and its applicability.
Analysing product and factor pricing under perfect and imperfect
CO3
competition
CO4 Evaluating General equilibrium and the allocation of resources
CO5 Understanding various welfare functions and its relevance.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7
CO1 2 3 2 3 2 3 3
CO2 3 2 2 3 2 3 3
CO3 2 2 2 3 1 3 3
CO4 3 3 2 2 2 3 3
CO5 2 3 3 2 1 3 3
Correlation levels: 1- Weak 2-Medium 3-High

19
 STATISTICAL METHODS- II
Subject code: 31207 Total hours - 90

Credits - 4

Course Description-The student would be able to understand the applicability of

statistical tools such as correlation,regression,chi square and time series in social science
research and be able to identify the right tool for a given set of data.

UNIT-I
Sampling - Definition, difference between census and sampling –
Techniques - Laws on sampling - Random and Non - random sampling
techniques - Lottery method, stratified random sampling, systematic and
cluster sampling techniques.

UNIT-II
Testing of Hypothesis – Chi square test – Its application to research.

UNIT-III
Correlation - Types of correlation - Methods of correlation - Scatter
diagram method, graphic methods, Karl Pearson’s coefficient of correlation,
rank correlation, concurrent deviation method,
UNIT-IV
Regression analysis- regression lines- Two variable linear regression-
Regression equations- Regression coefficients.

UNIT-V
Time series analysis - Utility of time series analysis - Components of
time series – Methods of measuring trend- freehand or graphic method, semi
average method, moving average method, method of least squares.

Recommended Texts:

1. S.P. Gupta – Statistical Methods

2. R.G.D. Allen – Mathematics for economists
3. P.R. Vittal - Mathematical Statistics
4. Damodhar & Gujarathi - Economic models
5. H, Cramer (1946) - Mathematical Methods of Statistics, (Princeton).

20
 Course Outcomes
To classify the different methods of data collection and evaluate its
CO1
applicability
CO2 To understand and apply the chi square test to social science research
CO3 To evaluate the applicability of various methods of estimating correlation
To examine the utility of regression analysis through its varied
CO4
applications
To demonstrate the utility of time series in forecasting and
CO5
assess the applicability of its various methods.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7
CO1 3 3 2 2 3 3 3
CO2 3 3 2 2 3 3 3
CO3 3 3 2 2 3 3 3
CO4 3 3 2 2 3 3 3
CO5 3 3 2 2 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

21
 INDIAN ECONOMIC DEVELOPMENT AND POLICY

Subject code: 31209 Total hours – 90

Credits-4

Course Description-The student would be able to analyse the relative significance of the
agriculture and its allied sectors,industry and services sector for India’s economic
development.He/She would be able to assess the impact of economic reforms and policies
of the government of India on the economy.

UNIT-I
Planning in India- Objectives of planning – Types of planning - Economic
Reforms through Liberalization, Privatization and Globalization - Demonetisation
and its impact.

UNIT-II:
Poverty - Measurement of poverty line - Planning for poverty eradication -
Public policies relating to employment and poverty - MGNREGS.

UNIT-III:
Agriculture and allied sectors - Horticulture, Dairy Farming, Poultry,
Fisheries- Significance of Agro Based industries- Blue Revolution, White
Revolution.

UNIT-IV:
Industry - Evolution of industrial policy – Licensing - Production and
distribution controls- Pattern of industrial growth – Productivity trends-
Modernization - Small vs. large industry – Globalization and Technology Transfer
- Special Economic Zones.

UNIT-V:
Service Sector Growth - Physical and Social, Status and Policies –
Infrastructure - Transport - Energy – Telecommunication – ICT - BPO – Recent
trends in Health and Education.

Recommended Texts:

1. Aluvalia , I J and IMD Little ( Eds) (1999),India‘s Economic reforms and Development, Oxford
University Press , New Delhi
2. Bardhan, P .K. (1999), The Political Economy of Development in India, Oxford University Press,
New Delhi.
3. S. Sankaran. Indian Economy.
4. Ishwar. C. Dhingra ( The Indian Economy Environment and Policy)
5. Ruddar Dutt and Sundaram ( Indian Economy).

22
 Reference Books:
1. Chakravarty S, (1987), Development Planning: The Indian Experience, Oxford University Press,
and New Delhi
2. Dutt. R. (2001), Second Generation Economic Reforms in India, Deep and Deep publications,
New Delhi.
3. Amartya Sen ( Poverty and Famines ) Oxford 1994.
4. Bhagwati . J. Chakravarthy. S. ( Indian Economic Analysis).
5. Dandekar. V.M. ( Poverty in Indian School of Political Economy).

Course Outcomes
To be able to explain the objectives and achievements of planning and
CO1
evaluate the impact of reforms like LPG and demonetisation.
To analyse the methods of measurement of poverty and assess the impact
CO2
of government policies relating to poverty and unemployment.
To measure the significance of agriculture ,allied sectors and agro based
CO3
industries on India’s economic development.
To estimate the role of the industrial sector to India’s economic
CO4
development in terms of regulations,mordernisation and globalisation.
CO5 To assess the recent trends in India’s service sector.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7
CO1 3 3 3 2 3 3 3
CO2 3 3 3 2 3 3 3
CO3 3 3 3 2 3 3 3
CO4 3 3 3 2 3 3 3
CO5 3 3 3 2 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

23
 MONETARY ECONOMICS
Subject code: 31208 Total hours –90
Credits -4

Course Description- To learn and analyse the monetary practices and the financial
institutions in India.
UNIT-I
Money; Definition – Functions - Concepts - Measurement of money -
Current Indian practices

UNIT-II
Role of money in macro economy - The classical approach - The Keynesian
approach – Post - Keynesian developments – Classical Dichotomy – Don Patinkin’s
Real Balance Effect – Pigou Effect.

UNIT-III
The demand for money and Supply of money- The classical approach - The
Keynesian approach - Post - Keynesian developments – Baumol‘s Asset demand for
money – Tobin’s Portfolio Balance Approach - Friedman‘s Restatement.

UNIT-IV
Monetary Policy – Objectives – Instruments –Role and functions of RBI -
Role of RBI in economic growth and development - Financial intermediaries –
NBFI - Role – Implications for monetary policy - Gurley - Shaw thesis.

UNIT-V
Monetary system in India - A review of its working - International monetary
system - Problems and prospects - The European monetary systems - European
economic and monetary union - The euro and economic policy in the euro zone.

Recommended Texts:

1. Laidler,D.E.W, The Demand For Money: Theories And Evidence Allied Publisher.
2. Pierce,D.G. - Monetary Economics:Theories, Evidence And Policy; Butter Worths.
3. Monetary Economics – M.L. Jhingan 1986. 6th Edition.Vrinda Publications P. Ltd.
4. Vaishney and Maheshwari – Monetary Economics.
5. Ishwar .C. Dhingra – Monetary Economics
6. Sankaran. S. – Monetary Economics.

Reference Books:

1. Graham Bird, The International Monetary System & The Less Developed Countries,
2. R.B.I.(198 5) - Working Of The Monetary Systems
3. Friedman, The Role Of Monetary Policy, A.E.R,
4. Johnson,H.G, Essays In Monetary Economics
5. M. Friedman and A.W. Schwartz (Money and Business Cycles)
24
 Course Outcomes
Paraphrase concepts related to money and monetary practises currently
CO1
practiced in India
CO2 Enumerate various approaches related to monetary schools of evolution
To appraise the approaches given by economists like Keynes, Baumol,
CO3 Tobin and Friedman
Analyze the role of monetary policy and the role of financial institution in
CO4
India
Compare the monetary systems in India with that of European monetary
CO5
systems

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7
CO1 3 1 1 1 2 3 3
CO2 2 3 3 3 2 3 3
CO3 1 2 2 2 3 3 3
CO4 2 3 2 3 1 3 3
CO5 2 2 3 3 2 3 3
Correlation levels: 1- Weak 2-Medium 3-High

25
 MANAGERIAL ECONOMICS
Subject code: 31210 Total hours – 90

Course Description-To understand the nature and scope of a managerial economist in

decision making.

UNIT-I:
The nature and scope of managerial economics – Role of a managerial
Economist – Concepts - risk, uncertainty and probability analysis. Optimization
techniques: total, average and marginal relationships. Demand forecasting
techniques – Decision making and forward planning- Consumer durable and capital
goods (case study analysis)

UNIT-II:
Concepts in resource allocation - Cost analysis - Short run and long run cost
functions - Cost, price and output relations - Break-even analysis

UNIT-III:
Pricing- Objectives - Pricing methods – Techniques - Product line pricing,
multi product pricing, differential pricing.

UNIT-IV:
Capital budgeting - Capital management and financial policy- Investment
appraisal and project profitability – Methods of measurement of project
profitability.

UNIT-V:
Advertising – Contribution of economic theory - Methods of determining
total advertising budget - Cyclical fluctuations of advertising - Measuring the
economic effects of advertising - Regulatory role of the government (case study
analysis).

Recommended Texts:
1. P.L. Mehta: Mangerial Economics, Analysis, Problems and Cases.
2. S. Sankaran Managerial Economics
3. M.L. Jhingan Managerial Economics.
4. Dr. Radha Managerial Economics.
5. H.L. Ahuja – Managerial Economics.

Reference Books:
1. S Charles Maurice, Managerial Economics Concepts And Applications, The Tata
Mcgraw Hill,8th Edition.
2. Gupta,C.B.(2003) - Operations Management
3. B.M. Woli A.B. Kolkundrikar – Mangerial Economics.
4. J.K. Stephen and M.L. Jhingan Managerial Economics
5. Dominick Salvatore, Managerial Economics In A Global Economy, Thomson.

26
 Course Outcomes
To apply the various economics concepts to understand competitive
CO1
outcomes
CO2 To compare and evaluate pricing strategies for profit maximization
CO3 To identify & apply right decisions for optimal use of resources
CO4 To evaluate the types of market structures.
To examine the implications of government intervention in economic
CO5
development

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7
CO1 2 3 3 3
CO2 2 3 3
CO3 3 3 3
CO4 1 2 3 3
CO5 2 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

27
 P.G
SEM-III

28
 MACRO ECONOMICS THEORY- I
Subject code: 31311 Total hours- 90
Credits -4

UNIT-I
National Income Concepts – Components - Circular flow of income in two –
Three and four sector economy – National Income as a measure of Economic
welfare-Meaning of social accounting - Difficulties of Social Accounting – Recent
trends.

UNIT-II
Basic assumption of the classist – Classical theory of employment and output
– Assumptions - Says law of market – Essential aspects - Saving and investment
theory - Wage and price flexibility - Criticisms of classical theory.

UNIT-III
Keynesian theory of employment and income - The concept of under
employment – Aggregate demand - Consumption function and its determinants –
Hypotheses of absolute, relative, permanent incomes and life cycle .

UNIT-IV
Theory of interest – Loanable fund – Liquidity preference theory - Hicks -
Hansen IS – LM model.

UNIT-V
Theory of money: Fishers quantity theory of money - Cambridge equations -
Keynesian theory of money - Modern quantity theory of money - Milton Friedman
- Pantinkin’s real balance effect – Tobin’s portfolio analysis.

Recommended Texts:
1. Ishwar.C. Dingra - Macro Economic Theory
2. S. Sankaran - Macro Economics.
3. M.L. Jhingan Macro Economics
4. Varshney and Maheshwari Macro Economic Theory.
5. Jha.R. (Contemporary Macro Economic theory and Policy.)

Reference Books:
1. K.E. Boulding- (A Reconstruction of Economics)
2. Paul. A. Samulson (Macro Economics)
3. Edward Shapiro (Macro Economic Analysis)
4. Ackley – Macro Economic Theory
5. Blackhouse. R. and A Salansi (Macro Economics and Real World)

29
 Course Outcomes
CO1 To have knowledge on National Income and its concept
CO2 Students familiar with the classical concept
CO3 Students study about Keynesian Macro Economics
This model examines the three sector using IS LM curve are
CO4
thought to the students
CO5 To learn about the quantity theory of money

Mapping of CO v/s PO
PO1 PO2 PO3 PO4 PO5 PO6 PO7
CO1 3 3 3 3 3 3 3
CO2 2 3 3 3 3 3 3
CO3 3 2 3 3 3 3 3
CO4 3 2 3 2 3 3 3
CO5 3 3 3 3 3 3 3
6. Correlation levels: 1- Weak 2-Medium 3-High

PUBLIC ECONOMICS – I
Subject code: 31312 Total hours –90

Credits - 4
Course Description- The course deals with revenue & expenditure in India.

UNIT-I:
Mixed economy - Public and Private sectors - Co-operation or Competition
- Role of public enterprises in India - Pricing Policies of public enterprises -
Administered price - Peak load pricing – Marginal cost pricing.

UNIT-II
Welfare foundation of public economics - Pareto optimality - Perfect
competition – Imperfect Competition – Theory of Second Best-Arrow’s social
welfare function - Majority rule - Intensity of preference - Transaction cost and non-
market decision making.

30
UNIT-III
Theory of Private and Social goods – Social wants – Merit wants –
Externalities – External Benefits – External costs – Market failures – Causes for
Market Failures – Collective Supply of public Goods – Budget Principle.

UNIT-IV
Public Revenue and Public Expenditure – Wagner’s law – Peacock Wiseman
Hypothesis – Prof. Musgrave’s Contribution To Public Expenditure – Structure and
growth of Public Expenditure in India - Appraisal of public expenditure policy in
India.

UNIT-V
Evaluation of Public Expenditure – Cost Benefit Analysis – Application of
Market principle – Net Present Value Criterion – Internal Rate of return Criterion –
Social Rate of Discount – Performance Budgeting – Zero Based Budgeting.

Recommended Texts:

1. Shankar Acharya, 2005, “Thirty Years of Tax Reform in India”, EPW May, pp. 14-20.
2. Rangarajan and D.K. Srivastava, 2005, “Fiscal Deficit and Government Debt:
Implications for Growth and Stabilization”, Economic and Political Weekly, July2-8.
3. M. Govinda Rao, 2011, “Goods and Services Tax: EPW, February, pp. 12-18.
4. Report of the 13thFinance Commission, 2010-15.
5. Economic Survey, Government of India (Latest).
Reference Books:
1. Joseph E. Stiglitz, Economics of the Public Sector, W.W. Norton & Company, 3 rd edition,
2000.
2. R.A. Musgrave and P.B. Musgrave, Public Finance in Theory & Practice,
3. McGraw Hill Publications, 5th edition, 1989.

Course Outcomes
CO1 To understand the role & pricing policies of public enterprises.
CO2 Analyse the welfare foundation of public economics.
CO3 To identify the causes for market failure.
To analyse the theories, structure, growth & appraisal of public
CO4
expenditure policy.
Explains cost benefit analysis, performance budgeting & zero base
CO5
budgeting.

31
 Mapping of CO v/s PSO
PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7
CO1 2 2 2 1 3 3 3
CO2 3 2 3 2 2 3 3
CO3 2 3 3 2 3 3 3
CO4 3 3 3 2 3 3 3
CO5 2 2 1 1 2 3 3
Correlation levels: 1- Weak 2-Medium 3-High

INTERNATIONAL ECONOMICS-I
Subject code:31313 Total hours –90

Credits -4
Course Description—The course enables students to comprehend the need, causes and
effects of international trade through various analytical tools..
UNIT-I
Difference between inter-regional and international trade - Theories of
international trade - Classical theories - Adam smith and David Ricardo - Basic
concepts - Community indifference curves, offer curves and trade indifference
curve.

UNIT-II
J.S.mill’s theory of reciprocal demand - Haberler’s theory of opportunity cost
advantage - Modern theory of international trade - Hecksher Ohlin –Leontief
Paradox- Samuelson’s Factor price equalization theorem.

UNIT-III
New theories of international trade - Posner’s imitation gap or technological
gap theory - Vernon’s product cycle theory - Kravis theory of availability –
Kennan’s theory of human capital.

UNIT-IV
Effect of Growth on trade- Effect of growth on Production,Trade,Welfare
and Terms of Trade of a Small Country – Effects of Growth on Production,Trade
and Welfare of a large country – Immiserising growth – Prebisch Singer Thesis–
Impact of demonetization on international trade.

UNIT-V

32
 International Cartels – Meaning, Objectives - Price, output and profit
determination in a cartel – Case for and against cartel – Economic Integration –
Types – Benefits – Problems – The Theory of customs Union and its effects.
Recommended Texts:
1. M.L. Jhingan – International Economics
2. Midhani - International Economics
3. S. Sankaran International Economics
4. M.C. Vaish and Sudhama – International Economics.
5. Dr. Radha – International Trade.

Reference Books:
1. B.O. Sodersten – International Economics
2. Kindleberger. C.P. International Economics
3. Paul. R. Krugman – International Economics theory and Policy.
4. MudellRobert. A. International Economics
5. B.J. Cohen, Balance of Payments Policy 1969.

Course Outcomes
To understand the nature of international economics
CO1
through various concepts and tools.
To compare and evaluate the classical and neo classical
CO2
theories of international trade.
To understand and apprise the modern theories of
CO3 international trade.
CO4 To analyse the effect of trade on growth..
To understand and evaluate the need for collusion and integration in
CO5
international trade.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 3 3 2 2 3 3
CO2 2 2 1 3 2 3 3
CO3 2 2 1 3 2 3 3
CO4 3 3 2 3 3 3 3
CO5 3 3 2 3 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

33
 FINANCIAL MARKETS AND SERVICES- I
Subject code: 31314 Total hours – 90
Credits -4

Course Description- The course deals with the functioning of financial markets.

UNIT-I
Introduction to Indian Financial System- Financial institutions- Financial
market- Capital and Money markets- Foreign exchange market – Financial
instruments- Financial services- Importance and components of Financial
Services.

UNIT-II
Legal and regulatory Frame work governing financial services- Financial
sector reform – SEBI and SCRA. Various segments of Financial markets.

UNIT-III
Stock Exchange in India – Organisation, Structure, and Function- Present
position of stock exchange- Need to control stock exchange- Steps taken by
government to promote capital market in India.

UNIT-IV
International Financial market – International Capital market – Euro
Currency market – Important international capital markets.

Unit-V
Online trading system – SEBI guidelines for capital issue – Pricing –
Insider trading – Investor protection.

Recommended Text:

1. Prasanna Chandra : Fundamentals of Financial Management, Tata McGraw Hill

2. Dr. S.Guruswamy (2009): Financial Management.
3. B. Santanam - Financial Markets and Services

Reference Books:

1. Financial Management, Indian Institute of Banking and Finance(IIBF)

2. I.M. Pandey, Financial Management
3. Schall and Hataey, Introduction to Financial Management.
4. Khan and Jain, Financial Management
5. S.N. Maheshwari, Financial Management Sulthan Chand Publication.

34
Course Outcomes
Demonstrate comprehensive knowledge of Indian Financial Markets and
CO1
Services.
Possess knowledge of legal and Regulatory frame work governing
CO2
Financial Markets and Services.
Ability to analyze and interpret the working, Organization, and Functions
CO3
of SEBI, and online trading
To understand the benefits and impact of International Financial and
CO4
Capital Market in India.
Competence to excel in competitive Civil Services and SET, NET, Ph.D
CO5
examinations

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7
CO1 3 3 2 2 3 3 3
CO2 3 3 2 3 3 3 3
CO3 3 3 2 3 3 3 3
CO4 2 3 2 3 3 3 3
CO5 1 2 2 3 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

35
 ENTREPRENEURIAL DEVELOPMENT
Subject code: 31315 Total hours – 90

Credits -4

Course Description- To transform potential entrepreneurs into actual entrepreneurs

UNIT-I
The entrepreneur – Definition – Classification - Factors influencing
entrepreneurship - Functions of entrepreneur – Role of entrepreneur in economic
development

UNIT-II
Economic development and entrepreneurial growth - Entrepreneurial
development programmes (EDP) - Role of government – Role of financial
institution.

UNIT-III
Entrepreneurial scenes in India - Development and training of entrepreneur -
Development of women entrepreneurs – Challenges faced by them.

UNIT-IV
Organization structure - Plant location - Production planning - Project
counselling - Technical feasibility – Capital - Working capital - Financial appraisal
of new projects – Role of banks.

UNIT-V
Marketing feasibility - New product ideas and evolution of market methods
- Pricing policy – Distribution - Channels of distribution.

Recommended Books:
1. Srinivasan N.P. & C.B. Gupta Entrepreneurial Development.
2. Dr. V. Radha Entrepreneurial Development.
3. Jayashree Suresh - Entrepreneurial Development.
4. C.B. Gupta and Khanka - Entrepreneurship and small Business
Management.
5. Prassanna Chandra - Entrepreneurial Development

Reference Books:
1. Vasanth Desai Problems & Prospects of small industries in India.
2. Khan - Management of small scale industries.
3. Dr. N. Premavathy - Entrepreneurial Development
4. J.M. Parkin - How to Finance small Business Enterprises.
5. K.K. Menon – Handbook of small Industries Management
.

36
Course Outcomes
CO1 To understand the basic concept of entrepreneurship
CO2 To assess the role of entrepreneur in public and private sector
To outline the various entrepreneurial development
CO3 programmes in India with special reference to women
To analyze the role and effectiveness of banks in promoting
CO4
entrepreneurship
CO5 To understand the various concepts related to pricing and distribution

Correlation levels: 1- Weak 2-Medium 3-High

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 1 2 2 3 3 3
CO2 3 3 3 2 2 3 3
CO3 3 1 1 1 3 3 3
CO4 1 3 3 1 2 3 3
CO5 2 1 2 2 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

37
 P.G
SEM-IV

MACRO ECONOMICS THEORY – II

Subject code: 31416 Total hours - 90
Credits -4

Course Description- The course deals with an understanding of

multiplier,accelerator,inflation and business cycles.

38
UNIT-I
Investment function - Types of investment –Determinants - Marginal
efficiency of capital - Marginal efficiency of investment- Multiplier analysis-
Accelerator and investment behavior concept of super multiplier.

UNIT-II
Supply of money - A behavioral model of money supply - Determinants of
money supply- RBI approach to money supply- High powered money and money
multiplier- Money supply in open economy-Control of money supply.
.
UNIT-III
Theory of inflation: Concepts – Demand pull & cost push inflation -
Inflationary gap - Wage push and profit push inflation - Phillps curve controversy -
Tobin’s modified Philips curve - Policies to control inflation.

UNIT-IV
Business cycle - Theories of Schumpeter, Kaldor, Samuelson and Hicks -
Control of business cycles - Relative efficiency of monetary and fiscal policies.

UNIT-V
Macroeconomics in open economy - Mundell Fleming model – Macro
Economic policy goals - Full employment – Price stability - Monetary and fiscal
mechanisms in the Indian context.

Recommended Texts:
1. Ishwar.C. Dingra - Macro Economic Theory
2. S. Sankaran - Macro Economics.
3. M.L. Jhingan - Macro Economics
4. Varshney and Maheshwari - Macro Economic Theory.
5. Jha.R. - Contemporary Macro Economic theory and Policy.

Reference Books:
1. K.E. Boulding - A Reconstruction of Economics
2. Paul. A. Samulson (Macro Economics)
3. Edward Shapiro (Macro Economic Analysis)
4. Ackley – Macro Economic Theory
5. Blackhouse. R. and A Salansi (Macro Economics and Real World)

39
Course Outcomes
They can have clear idea on investment, multiplier,accelerator &
CO1 super multiplier.
They can gain a full knowledge about liquidity aspects of money
CO2
supply in the open economy
They can differentiate a normal versesgalloping price level in the
CO3 economy and also familiar with controlling techniques of inflation
CO4 To understand volatilities in the business
They can easily differentiate monetary verses fiscal policy& they have clear idea
CO5
about macroeconomics goals

Correlation levels: 1- Weak 2-Medium 3-High

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

3 3 3 3
CO1 3 3 3
2 3 3 3
CO2 3 3 3
3 3 3 3
CO3 3 3 3
3 3 3 3
CO4 3 3 3
3 3 3 3
CO5 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

PUBLIC ECONOMICS-II
Subject code: 31417 Total hours - 90
Credits - 4

Course Description- The course explains the tax structure, public debt, and federal
finance in India.

UNIT-I
Taxation - Theories of taxation - Benefit and Ability to pay principles -
Concept of excess burden of taxes - Classical and modern views - Tax structure in
India - Particular taxes - Personal income tax - Corporation tax - Capital gains tax -
Union excise duties - Tax evasion - Tax reforms - State taxes - Appraisal of tax
policies of India - A note on VAT and GST.

UNIT-II

40
 Public debt - Theories of public debt - Classical and Modern theories -
Concept of burden of public debt - Growth and Composition of public debt in India
- Debt management.

UNIT-III
Fiscal policy - Classical concept – Modern Concept – Instruments of Fiscal
Policy – Role in developed and Under developed economies – Built – In Stabilizers
– Rules vs Discretion - Budgetary, fiscal deficit and its measurement - Fiscal crisis
and fiscal sector reforms in India.

UNIT-IV
Fiscal federalism - Principle of federal finance - Fiscal federalism in India -
Assignment of functions and sources of revenue - Logic of constitutional scheme.

UNIT-V
Finance commission and planning commission - Report of latest finance
commission in India - Resource transfer mechanism in India - Backwardness and
other criteria - Union state financial relations - Problems of state indebtedness. Local
finance - Finance for local bodies-

Recommended Texts:

1. Shankar Acharya, 2005, “Thirty Years of Tax Reform in India”, EPW May, pp. 14-20.
2. Rangarajan and D.K. Srivastava, 2005, “Fiscal Deficit and Government Debt:
Implications for Growth and Stabilization”, Economic and Political Weekly, July2-8.
3. M. Govinda Rao, 2011, “Goods and Services Tax: EPW, February, pp. 12-18.
4. Report of the 13thFinance Commission, 2010-15.
5. Economic Survey, Government of India (Latest).
Reference Books:
1. Joseph E. Stiglitz, Economics of the Public Sector, W.W. Norton & Company, 3 rd edition,
2000.
2. R.A. Musgrave and P.B. Musgrave, Public Finance in Theory & Practice,
3. McGraw Hill Publications, 5th edition, 1989.
4. John Cullis and Philip Jones, Public Finance and Public Choice, Oxford University Press,
1st edition, 1998.

Course Outcomes
CO1 Understand the tax structure & policies in India
CO2 Identify the growth & composition of public debt in India.
CO3 Analyse & understand the instruments of fiscal policy.
CO4 Understand the principles of federal finance.
Discuss the problems of state indebtedness & recommendations of latest
CO5
finance commission.

41
Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 3 2 2 3 3 3
CO2 3 3 2 1 3 3 3
CO3 3 2 3 2 3 3 3
CO4 2 3 3 2 3 3 3
CO5 3 3 3 2 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

INTERNATIONAL ECONOMICS-II
Subject code: 31418 Total hours – 90

Credits-4

Course Description –The course enhances students’ knowledge of understanding the

nuances of trade relationship between countries in the form of exchange rate
determination, achievement of external equilibrium and solution of the problems of
international debt and liquidity..

UNIT-I
Balance of payments and national income - Balance of payments
disequilibrium - Causes and corrective measures - Automatic mechanism – Foreign
trade multiplier and national income - Repercussions of balance of payment
disequilibrium and stability problem.

UNIT-II
Exchange rate determination - Purchasing power parity theory – Fixed vs
flexible exchange rate system - Developments in international monetary systems-
Recent developments in exchange rate management.

UNIT-III

42
 Devaluation of currency - Elasticity approach - Income absorption approach
- Monetary approach - Exchange controls – Means of achieving internal and external
equilibrium - Fiscal and monetary mix.

UNIT-IV
Tariffs and Quotas – Free trade vs protection - Effective rate of protection,
Non-tariff barriers - Dumping -Exchange controls- Trade problems of developing
countries.

UNIT-V
The international monetary system – IMF, WTO, UNCTAD, GATT - The
euro dollar market - Problems in international monetary system - International debt
- International liquidity - Recent developments and issues in regional common
currencies.

Recommended Texts:
1. M.L. Jhingan – International Economics
2. Midhani - International Economics
3. S. Sankaran International Economics
4. M.C. Vaish and Sudhama – International Economics.
5. Dr. Radha – International Trade.

Reference Books:
1. B.O. Sodersten – International Economics
2. Kindleberger. C.P. International Economics
3. Paul. R. Krugman – International Economics theory and Policy.
4. MudellRobert. A. International Economics
5. B.J. Cohen, Balance of Payments Policy 1969.

Course Outcomes
To understand the trade relationship between India and the
CO1
world economy.
To explain how exchange rates are determined between the
CO2 rupee and other currencies and factors causing changes in
them..
To outline the tools that are adopted by a country for external
CO3 equilibrium.
To analyze the effectiveness of the tools for achieving external
CO4
equilibrium.
To compare the role of international economic organizations in solving
CO5
problems of international debt and liquidity.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 1 2 2 3 3 3

43
CO2 3 3 3 2 2 3 3
CO3 3 1 1 1 3 3 3
CO4 1 3 3 1 2 3 3
CO5 2 1 2 2 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

FINANCIAL MARKETS AND SERVICES- II

Subject code: 31419 Total hours – 90
Credits -4

Course Description - The course deals with the functioning of the banking sector.
UNIT-I
Banking system in India – RBI- Commercial Banks – Co-operative Banks,
Agricultural Finance – Industrial Development Banks – NABARD – SIDBI - Exim
Bank. Non Banking Financial Companies – Functions – Role – Problems.

Unit-II
Consumer Finance – Significance – Benefits to consumer - Different types
of loans available to consumers – Pledge – Mortgage – Hypothecation – Assignment
consumer protection Act. 2002.

Unit-III
Derivative markets - Operations and features – Trading systems- Pricing
derivatives – Currency and interest swaps – Derivative market in India.

Unit-IV
Financial Services – Merchant Banking – Role and responsibilities - Public
Issue, Underwriting, Leasing, Factoring – Steps involved and types and benefits of
leasing - Regulations by SEBI

Unit-V
Venture Capital – Features – Importance of Venture capital financing -Stages
- Types - SEBI Regulations on Venture Capital

Recommended Text:

1. Prasanna Chandra, Fundamentals of Financial Management Tata McGraw Hill

2. Dr. S.Guruswamy (2009), Financial Management.

44
Reference Books:

1. Financial Management, Indian Institute of Banking and Finance(IIBF)

2. I.M. Pandey, Financial Management
3. Schall and Hataey, Introduction to Financial Management.
4. Khan and Jain, Financial Management

Course Outcomes
To demonstrate and recall comprehensive knowledge of Banking system
CO1
in India.
CO2 To apply the principles and features of consumer finance in real life.
CO3 To analyze the operations, and significance of derivative markets in India.
To possess comprehensive knowledge of various financial services, and
CO4 understand its growing importance in increasing investments for economic
development.
To understand the need for Venture Capital finance, in promoting
CO5
investments in large investment projects.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 3 3 2 3 3 3
CO2 3 2 3 2 3 3 3
CO3 3 3 2 3 3 3 3
CO4 3 3 3 3 3 3 3
CO5 3 2 3 3 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

HUMAN RESOURCES MANAGEMENT

Subject code: 31420 Total hours - 90

Credits -4
Course Description- Analyse the and evaluating human workforce as a resource with
respect to public and private sector

UNIT-I:
45
 Human resources management – Meaning – Nature – Scope- Human
resources planning – Objective – Importance – Process - Responsibility.

UNIT – II
Concept of human resources- Human capital - In the view of Adam Smith
and Alfred Marshall- Human capital and growth and development - Contribution of
human capital to development .

UNIT-III
Investment in human capital - Consumption and investment aspects of human
capital - Private investment - Social investment - Cost benefit analysis.

UNIT-IV
Recruitment – Selection – Training – Meaning - Sources of recruitment -
Process of selection - Training types and methods.

UNIT-V
Wage & salary administration – Incentives - Performance appraisal –
Promotion – Transfer - Demotion. Grievance handling.

Recommended Books:

1. J. Jaishanker Human Resource Management

2. Dr. Radha Human Resource Development
3. Dr. N. Premavathy Human Resource Management
4. Dr. C.P. Gupta Human Resource Management
5. Dr. A.Murthy Human Resource Management

Reference Books:

1. Philip kotler. Mc Graw Hill Human Resource Management

2. Snell Bohlander Human Resource Management
3. Prasanna Chandra Human Resource Management
4. Narko Blaug, Information To Economics Of Education, Penguin
5. V.S.P.Rao, Human Resouces Management – Text & Casio – Excel Books - New
Delhi.

Course Outcomes
CO1 To duplicate the concepts related to HRM
CO2 To compare the concepts given by Adam Smith and Marshall
CO3 To examine the role of private and social investment with respect to HRM
To demonstrate the use of various model related to recruitment and
CO4
training
To associate with various concepts of wage salary administration,
CO5 demotion & grievance handling and promises employability at both
private and public sector enterprises

46
Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 1 1 1 2 3 3
CO2 2 3 3 3 2 3 3
CO3 1 2 2 2 3 3 3
CO4 3 1 1 1 2 3 3
CO5 2 3 3 3 2 3 3
Correlation levels: 1- Weak 2-Medium 3-High

Economics of Education
Subject Code – Total Hours – 90 hrs
Credits -4
Course Description-Education economics or the economics of education is the study
of economic issues relating to education, including the demand for education, the
financing and provision of education, and the comparative efficiency of
various educational programs and policies. It is the application
of Economic principles, concepts, laws to the process of Education. It studies human
behaviour (in terms of human decisions), action(s) and reaction It further looks into
how human behaviour affects economic development.

UNIT I:
Introduction – Meaning , Importance, Scope of Education – Education and Human
Resource Development – Indicators and Provision of Education – Education and its impact
on Economic Development.
UNIT II:
Education – Approaches to Education – Human Capital, Screening Signaling Hypothesis
– Determinants of Investment in Education – Private and Public Investment- Cost Benefit
Analysis – Role of the Government.
UNIT III:
Educational Policy and Challenges –New Educational Policy- Educational Policy for
School Dropouts and Women –Education Policy in India - SSA, RTE, RMSA, RUSA.
UNIT IV:
Education and Employment- Reasons for Educated Unemployment- Brain Drain-
Education and NRI Investment – Employment Generation .
UNIT V:
Dimensions of education – Skill Development and training – On the Job Training and Off
the Job Training Model – Need and importance of Educational Training- Quality of human
capital and labour productivity – Reasons for Poor Human Capital Development.
Books for Reference:

47
 1. Anthony J. Culyer, Joseph P, Hand book of Health Economics, Volume: 1A,
Holland, Elsevier, 2001
2. McPake, Barbara & Charles. Normand. Health Economics – An International
Perspective. London : Routledge 2006
3. Basu. Kaushik.(Ed). The Oxford Companion to Economics in India. New Delhi:
Oxford University Pres, 2007
4. Borjas.j.George. Labour Economics. New York: McGraw Hill – Irwin, 2005
5. Fukuda, Parr and Shivakumar.A.k.(Ed), Readings in Human Development. New
Delhi: Oxford University Press, 2005
6. Gerald, Meier and James.E.Rauch. Leading Issues in Economic Development, New
Delhi: Oxford University Press, 2005
7. Glewwe, Paul, Education Policy in Developing countries(ed.) University of
Chicago: Chicago Press, 2013

Course Outcomes
To understand the scope and importance of education and its impact
CO1
on economic development
To analyze the different dimensions of education and role of
CO2
government in promoting education
CO3 To evaluate the issues and challenges of new education policy
CO4 To explain the reasons behind educated unemployment
CO5 To describe the importance of educational training

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 3 2 3 3 3 3
CO2 3 2 3 3 2 3 3
CO3 3 3 3 2 3 3 3
CO4 2 2 2 3 3 3 3
CO5 3 3 2 3 2 3 3
Correlation levels: 1- Weak 2-Medium 3-High

48
 CONTEMPORARY ECONOMIC ISSUES

Subject code: Total hours - 90

Credits -4

Course Description - The course deals with grasping and understanding of current
economic issues permeating the Indian economy evaluating their causes and offering
policy prescriptions for removal of its evils.

UNIT I:
Meaning of Poverty – Magnitude of Poverty – Basic measures of Poverty – Capability
Poverty measure – Human Poverty Index – Social Safety Nets – Millennium
Development Goals – A brief review of the poverty alleviation programmes of the
Government – Unemployment – Types and current scenario – Employment generation
programmes of the Government – Overall Evaluation – Causes for limited success.
UNIT II:
Role of Agriculture in the Indian Economy – Assessment of Agricultural Development in
India – Food Policy in India – Agricultural Price Policy.
UNIT III:
Role of Industries in Indian economic development - Pattern of Industrialization in India
– Industrial Policy and Regulation in India in recent years.-Localisation of Industries.
UNIT IV:
Fiscal system in India –– Problems in Centre state financial relations –Tax System in
India- Direct and Indirect Taxes- GST- Merits and Demerits– An analysis of the recent
Indian central government Budget.
UNIT V:
New Economic Policy – LPG –– Impact– WTO and its relationship with India
BOOKS FOR REFERENCE:
1. Agarwal. B. J. Humphries & I.Robeyns(Eds.). Capabilities Freedom & Equality.
New Delhi: Oxford University Press, 2006.
2. Browning. E.K. Public Finance and the Price system. New Delhi: Pearson, 1994.
3. Cherunilm, Francis. International Economics, New Delhi: Tata McGraw Hill,
2012.
4. Cullenberg S. & P.K.Patnaik (ed). Globalisation, culture, and the limits of the
Market- Essays in Economics and Philosophy. New Delhi: Oxford University
Press, 2004.
5. Das Gupta S. & Ray Kiely (eds). Globalization and after. New Delhi: sage, 2006.
6. Dhingra. I.C. The indian Economy Environment and Policy. New Delhi: Sultan
Chand, 2007.
7. Enders, W. & T. Sandler. The Political Economy of Terrorism. New York:
Cambridge University Press, 2006.
49
 8. Jogdand, P.G. & S.M.Michael. (Eds) Globalization and Social Movements, New
Delhi: Rewat, 2003.

Course Outcomes
To understand the nature and magnitude of poverty and unemployment
CO1
and evaluate the measures for its alleviation.
To assess the role, progress and policies of agriculture in the Indian
CO2
Economy.
To evaluate the role, developments and regulation relating to industries in
CO3
the Indian economy.
To analyse the fiscal system in India with respect to taxes, centre state
CO4
financial relations and recent budget.
CO5 To apprise the impact of LPG in India.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 3 3 2 3 3 3
CO2 3 3 3 2 3 3 3
CO3 3 3 3 2 3 3 3
CO4 3 3 3 2 3 3 3
CO5 3 3 3 2 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

50
DEPARTMENT OF ECONOMICS
U. G. SYLLABUS
PROGRAMME OUTCOME FOR UNDERGRADUATE

At the end of the programme the student will be able:

To participate in various types of employment, development activities and

PO1 public discourses particularly in response to the needs of the community one
serves
PO2 To understand the need and have the competencies to support local, regional
and national development
PO3 To develop critical and analytical thinking

To develop conceptual understanding , problem solving and application of

PO4 skills
PO5 To provoke entrepreneurship among the students along with strong ethics
PO5 and communication skills

PO6 To develop a questioning mind in diverse environments for better outcomes

PO7 To engage in lifelong learning and enduring proficient progress

Programme Specific Outcomes for the Under Graduate Programme in Economics(PSOs)

On successful completion of the programme the students will be able

PSO1 - To identify, understand and describe the various economic issues internally and
internationally.

PSO2 - To explain and apply the underlying principles for economic decisions and
policies at the micro and macro level.

PSO3 - To synthesize the functioning of the economic ecosystem.

PSO4 - To compare theories of various economic schools of thought and apprise their
application to real world phenomenon.

PSO5 - To understand and analyze the potential and limits of various economic policies.

51
PSO6- To pursue a master’s programme in Economics or a master’s in an interdisciplinary
subject like management or a professional programmee like CA,ACS.

PSO7- To obtain employment in the banking,financial services,insurance and HRM

sectors.

Mapping of PO & PSO – Under Graduate Programme

PO1 PO2 PO3 PO4 PO5 PO6 PO7

PSO1 2 3 3 3 2 3 3
PSO2 3 3 3 3 3 3 3
PSO3 2 3 2 2 2 2 3
PSO4 2 2 2 2 2 2 3
PSO5 2 2 3 2 2 3 3
PSO6 3 2 3 3 2 3 3
PSO7 3 3 3 3 3 3 3

SEMESTER – I
Par COURSE TITLE CREDIT CIA ESE Total
t S
I Language 3 40 60 100
II English 3 40 60 100
III Core Paper I – Micro Economics - I 4 40 60 100
Core Paper II – Statistics - I 4 40 60 100
Allied Paper I – Entrepreneurial 5 40 60 100
Development
IV Soft Skills 3 40 60 100
Non-Tamil Students : 2 40 60 100
Basic Tamil / Advanced Tamil
Tamil Students: Non – Major Elective- I
Principles of Management
Total 24

52
 SEMESTER – II
Part COURSE TITLE CREDITS CIA ESE Total

I Language 3 40 60 100
II English 3 40 60 100
III Core Paper III –Micro Economics - II 4 40 60 100
Core Paper IV – Statistics - II 4 40 60 100
Allied Paper II – Marketing 5 40 60 100
IV Soft Skills 3 40 60 100
Non-Tamil Students : 2 40 60 100
Basic Tamil / Advanced Tamil
Tamil Students: Non – Major Elective II
Basics of Capital Market
Total 24

SEMESTER – III
Part COURSE TITLE CREDITS CIA ESE Total

I Language 3 40 60 100
II English 3 40 60 100
III Core Paper V – Indian Economic 4 40 60 100
development and Policy - I
Core Paper VI Monetary Economics - I 4 40 60 100
Allied Paper III – Tourism and 5 40 60 100
Economic Development
IV Soft Skills 3 40 60 100

Total 22

SEMESTER – IV
Part COURSE TITLE CREDITS CIA ESE Total

I Language 3 40 60 100

53
 II English 3 40 60 100
III Core Paper VII – Indian Economic 4 40 60 100
Development and Policy - II
Core Paper VIII – Monetary Economics 4 40 60 100
- II
Allied Paper IV - Elements of 5 40 60 100
Insurance
IV Soft Skills 3 40 60 100
Environmental Studies 2 40 60 100
Total 24

SEMESTER – V
Part COURSE TITLE CREDITS CIA ESE Total

III Core Paper IX – Macro Economics-I 4 40 60 100

Core Paper X – Fiscal Economics - I 4 40 60 100
Core Paper XI – International Economics-I 4 40 60 100
Core Paper XII – History Of Economic 4 40 60 100
Thought
Elective I – Managerial Economics 5 40 60 100
IV Value Education 2 40 60 100
Total 23

SEMESTER – VI
Part COURSE TITLE CREDITS CIA ESE Total

54
III Core Paper XIII – Macro Economics - 4 40 60 100
II
Core Paper XIV – Fiscal Economics - 4 40 60 100
II
Core Paper XV – International 4 40 60 100
Economics - II
Elective II – Environmental Economics 5 40 60 100
Elective II – Home Economics 5 40 60 100
V Extension Activity 1
Total 23
Common Elective Offered to other
Departments
Home Economics 5 40 60 100
Indian Economic Development and 5 40 60 100
Policy

55
 U. G. SYLLABUS –
2017
SEMESTER-I SEMESTER-II

ENGLISH-I ENGLISH-II

LANGUAGE-I LANGUAGE-II

MICRO ECONOMICS-I MICRO ECONOMICS-II

STATISTICS-I STATISTICS-II

ENTREPRENURIAL DEVELOPMENT MARKETING

PRINCIPLES OF MANAGEMENT BASIS OF CAPITAL MARKET

II YEAR B.A. ECONOMICS

SEMESTER-III SEMESTER-IV

ENGLISH-III ENGLISH-IV

LANGUAGE-III LANGUAGE-IV

INDIAN ECONOMIC DEVELOPMENT INDIAN ECONOMIC DEVELOPMENT

AND POLICY-I
AND POLICY-II

56
 MONETARY ECONOMICS-I MONETARY ECONOMICS-II

WOMEN AND ECONOMIC

DEVELOPMENT–UPTO2017
ELEMENTS OF INSURANCE
TOURISM AND ECONOMIC
DEVELOPMENT—2018 ONWARDS

III YEAR B.A. ECONOMICS

SEMESTER-V SEMESTER-VI

MACRO ECONOMICS - I MACRO ECONOMICS - II

FISCAL ECONOMICS - I FISCAL ECONOMICS – II

INTERNATIONAL ECONOMICS - I INTERNATIONAL ECONOMICS – II

HISTORY OF ECONOMIC THOUGHT ENVIRONMENTAL ECONOMICS

MANAGERIAL ECONOMICS HUMAN RESOURCE MANAGEMENT

57
 EVALUATION PATTERN (FOR UG)

MARK ALLOCATION
INTERNAL MARKS (40) + EXTERNAL MARKS (60) = TOTAL MARKS (100)

INTERNAL ASSESMENT PROCEDURE

SUBDIVISION MARKS
CIA Test 25
Generic Skills 10
Attendance 5
Total 40

QUESTION PAPER PATTERN FOR

EXTERNAL EXAMINATION

PART-A

(5X8=40)

5 QUESTIONS TO BE ANSWERED OUT OF 8

PART-B

(3X20=60)
3 QUESTIONS TO BE ANSWERED OUT OF 5

58
 U.G
SEM-I

59
 MICRO ECONOMICS – I

SUBJECT CODE- 01101 Total hours- 90 hrs

Credits - 4
Course Description- The course deals with the basic economic problems.
UNIT - I
The Basic Economic problem – Scarcity and choice – Definitions – Wealth, Welfare
and Scarcity – Wants – Utility – Value in use - Value in exchange.

UNIT – II
Demand – Demand Schedule – Demand curve – Supply – Supply schedule – Supply
curve – Demand and supply equilibrium – Graphical representation.

UNIT – III
Determinants of demand – Law of demand - Exceptions to the law of demand –
Causes for the downward sloping demand curve – Law of supply.

UNIT – IV
Elasticity of demand – Definition – Types – Methods of measurement.

UNIT – V
Consumer behaviour – Cardinal and ordinal utility- Marshallian theory of DMU –
Hicks IC analysis – Consumer equilibrium using IC analysis – Derivation of demand
curve using Marshall and Hick’s approach – Price effect - Income and substitution
effect – Consumers’ surplus.

Recommended Texts:

1.Baumol.W.J(1978), Economic Theory And Operations Analysis.

2.Cohen.K.J And Cyret R.M.(1976), Theory Of The Firm, Prentice Hall Of India.
3. H.L. Ahuja ( Principles of Micro Economics)
4. M.L. Jhingan Micro Economic Theory
5. S.Sankaran Micro Economics

Reference Books:
1.Ferguson,C.E.(1968), Micro Economic Theory, Cambridge University Press, London
2.Green,H.A.J(1964), Consumer Theory,2nd Edition, Macmillan.
3.Jack Hirschleifer (1980), Price Theory And Applications, 2nd Edition Macmillan.
4. K.E. Boulding ( A reconstruction of Economics)
5. Abba.P. Lerner – Micro Economic Theory.

60
Course Outcomes
CO1 To describe the various ideas on Economic and its related concept
CO2 To evaluate and discuss the law of demand and supply
CO3 To understand and analyse the consumer behaviour pattern
CO4 To impart Knowledge on production function
CO5 To identify the various concepts of cost and revenue

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 3 3 2 3 3 3
CO2 3 3 3 2 3 3 3
CO3 3 3 3 2 3 3 3
CO4 3 3 3 2 3 3 3
CO5 3 3 3 2 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

61
 STATISTICS – 1

SUBJECT CODE -01102 Total Hours – 90

Credits-4

Course Description- The student would be able to understand the fundamentals of

statistics,simple methods of presentation of data and solve problems on measures of
central tendency,dispersion and skewness..

UNIT- I
Nature, significance and limitations of statistics – Collection of data – Primary –
Secondary - Design of questionnaire - Classification - Tabulation of data.

UNIT-II
Diagrammatic and graphic representation – Bar diagram – Pie diagram –
Histograms - Pictograms – Cartograms – Frequency distribution – Frequency graphs
- Ogives – Lorenz curve

UNIT-III
Measures of central tendency – Arithmetic mean, median and mode

UNIT-IV
Measures of dispersion - Absolute and relative dispersion – Range - Quartile
deviation - Mean deviation - Standard deviation - Co-efficient of variation.

UNIT-V
Measurement of skewness – Pearsonian measure of skewness – Bowleys measure
of skewness,

Recommended Texts:

1. S.P. Gupta – Statistical Methods

2. R.G.D. Allen – Mathematics for economists
3. P.R. Vittal- Mathematical Statistics
4. Damodhar &Gujarathi - Economic models
5. H, Cramer (1946) - Mathematical Methods of Statistics,( Princeton).

62
 Course Outcomes
To understand the nature, importance and limitations of
CO1 statistics.
To distinguish between the various methods of collection and
CO2
representation of data.
To explain the meaning of a measure of central tendency, recall
CO3 formulae ,solve problems on measures of central tendency and
estimate the merits and demerits of the various measures.
To illustrate the need for a measure of dispersion, recall formulae,
CO4 solve problems on measures of dispersion and estimate the merits
and demerits of the various measures.
To classify the various forms of skewness recall formulae, solve
CO5 problems on measures of skewness and estimate the merits
and demerits of the various measures.,

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 2 3 3 3 3 3
CO2 3 3 3 3 3 3 3
CO3 3 3 2 2 3 3 3
CO4 3 3 2 2 3 3 3
CO5 3 3 2 2 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

ENTREPRENEURIAL DEVELOPMENT

SUBJECT CODE- 01103 Total hours- 90 hrs

Credits - 5

Course Description-The student would be able to understand who is an entrepreneur,

what are his/her functions, what is the kind of support he/she gets from government and
non government agencies if he/she becomes one.At the end of the course, the studentI
would be able to conceive a business idea,write a project proposal and get fully equipped
to become an entrepreneur.

63
UNIT – 1
Entrepreneurship - Meaning - Role and importance of entrepreneurship –
Characterestics of entrepreneurs – Relationship between entrepreneur,
entrepreneurial and entrepreneurship - Functions of entrepreneurs – Types of
entrepreneurs.

UNIT – II
Evolution of Indian entrepreneurship - Role of entrepreneurship in economic
development in India .

UNIT - III

Policies and programmes of government and non-government organizations in

entrepreneur development.

UNIT –IV
Small scale Enterprises – Small scale industries and Indian economic
development - Small scale industries and entrepreneurial development -
Concessions – Incentives and subsidies to small industries - SIDBI.

UNIT – V
Project appraisal – Classification of projects – Formation of business idea –
Contents of project report.

Recommeded Books:

1. Srinivasan N.P. & C.B. Gupta Entrepreneurial Development.

2. Dr. V. Radha Entrepreneurial Development.
3. Jayashree Suresh - Entrepreneurial Development.
4. Prassanna Chandra - Entrepreneurial Development
5. Bhattacharya H – Entrepreneurial Development

Reference Books:

1. Vasanth Desai Problems & Prospects of small industries in India.

2. Khan - Management of small scale industries.
3. Dr. N. Premavathy - Entrepreneurial Development
4. J.M. Parkin - How to Finance small Business Enterprises.

Course Outcomes
To explain the meaning,functionsof entrepreneurs and classify their
CO1
types..
64
 To demonstrate the evolution of entrepreneurs and explain their role
CO2
in economic development..
To evaluate the policies and programmes of government and non-
CO3
government organizations in entrepreneurial development.
To examine the role,of small scale enterprises in economic
CO4
development in the light of incentives given by the government.
CO5 To be able to conceive a business idea and prepare a project report.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 2 3 2 2 3 3
CO2 3 2 3 2 2 3 3
CO3 3 3 3 2 3 3 3
CO4 3 3 3 2 3 3 3
CO5 3 3 3 1 2 3 3
Correlation levels: 1- Weak 2-Medium 3-High

PRINCIPLES OF MANAGEMENT
Course Description- The course presents the principles, techniques and concepts needed
for managerial analysis and decision making.

UNIT –I

Management – Meaning - Definition – Importance – Nature and scope of

management – Functions of a Manager – Levels of Management –
Development of Scientific Management and other Schools of thought and
approaches – Taylor Henri Fayol, Peter Drucker, Elton Mayo.

UNIT – II

65
 Planning – Meaning – Importance – Features – Steps in Planning – Process
– Classification – Decision Making – Process of Decision making – Types
of Decision

UNIT – III
Organisation – Nature and Scope – Types of Organisation – Organisation
Structure – Importance – Principles of organisation – Informal organisation

UNIT – IV
Authority - Delegation – Decentralisation – Difference between authority
and power – Responsibility – Recruitment – Sources – Selection – Training
– Direction – Nature and purpose

UNIT –V
Co–ordination – Meaning – Definitions – Nature and characteristics Of
Coordination – Coordination And Co-Operation – Importance Of
Coordination –Determinants Of Coordination.

Recommended Text
1) C.B.Gupta – Management theory and practice
2) L.M.Prasad – Principles and Practices of Management

Reference Books
1) J.Jayasankar– Business Management – margham publication,chennai
2) N.Premavathy – Principles of Management – sri vishnu publication
3) P.C.Tripathi and P.N.Reddy – Principles of Management – tata mc grow hill

Course Outcomes
CO1 Discusses the role ,functions, levels and evolution of management.
Explains the importance, features and process of planning & decision
CO2
making.
CO3 Helps to identify the nature, importance & types of organisation.
Differentiates between authority & power. Explains the process of
CO4
recruitment, selection & training.
CO5 To understand the nature, impotance & determinants of coordination.

Mapping of CO v/s PO
PO1 PO2 PO3 PO4 PO5 PO6 PO7 PO8 PO9 PO10 PO11
CO1 2 1 3 2 2 3 3 3 2 3 3
CO2 2 3 2 3 3 2 1 3 3 2 2
CO3 3 1 3 3 2 2 3 3 3 2 1
CO4 2 2 3 3 2 3 2 3 3 3 1
CO5 1 3 2 2 3 3 1 3 3 2 3
Correlation levels: 1- Weak 2-Medium 3-High
Mapping of CO v/s PSO
PSO1 PSO2 PSO3 PSO4 PSO5
CO1 3 3 2 1 2
66
 CO2 2 2 3 3 3
CO3 3 2 2 3 2
CO4 3 3 2 2 1
CO5 2 3 3 1 2
Correlation levels: 1- Weak 2-Medium 3-High

U.G
SEM- II

MICRO ECONOMICS – II

SUBJECT CODE- 01205 Total hours- 90 hrs

Credits -4

Course Description- The course deals with understanding the problems of production and costs.

UNIT – I

Production Function – Meaning - Short run and long run production function - Law
of variable proportions – Law of returns to scale – Producer’s Equilibrium –Least
cost combination of factors - Expansion path – Economies of scale.

UNIT – II

Cost – types – short run, long run cost function – Revenue function – TR, MR and
AR – Conditions for equilibrium of firm – Relationship between AR and MR –
Market equilibrium – Concept of time element.

67
UNIT – III

Perfect competition – Features – Equilibrium of firm under perfect competition –

Monopoly – Characteristics and equilibrium of firm – Price discrimination –
Concept and kinds

UNIT – IV

Monopolistic Competition – characteristics – Equilibrium – Group equilibrium –

under utilization of capacity – Oligopoly – Kinked demand curve (concepts only).

UNIT – V

Marginal productivity theory of factor pricing - Wages – Real & nominal –

Collective bargaining - Rent – Ricardo and Modern theory – Quasi rent - Interest
theory - Loanable fund – Liquidity Preference – Profit theory – Schumpeter’s
theory.

Recommended Texts:
1.Baumol.W.J(1978), Economic Theory And Operations Analysis.
2.Cohen.K.J And Cyret R.M.(1976), Theory Of The Firm, Prentice Hall Of India.
3. H.L. Ahuja ( Principles of Micro Economics)
4. M.L. Jhingan Micro Economic Theory
5. S.Sankaran Micro Economics

Reference Books:
1.Ferguson,C.E.(1968), Micro Economic Theory, Cambridge University Press, London
2.Green,H.A.J(1964), Consumer Theory,2nd Edition, Macmillan.
3.Jack Hirschleifer (1980), Price Theory And Applications, 2 nd Edition Macmillan.
4. K.E. Boulding ( A reconstruction of Economics)
5. Abba.P. Lerner – Micro Economic Theory.

Course Outcomes
To understand short run and long run production function, law
CO1 returns and returns to scale.
Familiar about cost function, revenue function, time element and
CO2
market equilibrium.
To enable the student to understand difference between perfect
CO3 competition of monopoly market.
CO4 To gain knowledge on monopolistic and oligopoly market
To Comprehend factor pricing, theories of rent, interest theories and profit
CO5
theories

68
Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

3 2 3 3
CO1 3 3 3
3 2 3 3
CO2 3 3 3
3 3 3 3
CO3 3 3 3
3 2 3 3
CO4 3 3 3
2 3 3 3
CO5 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

STATISTICS -II
SUBJECT CODE-01206 Total Hours – 90

Credits-4

Course Description- The student would be able to understand and compare between the
different methods of sampling and solve problems on correlation,regression,time series
and index numbers.

UNIT-I
Sampling – Census and sample – Types of sampling -Random and non random
sampling – Sampling errors

UNIT-II
Correlation – Types – Karl Pearson’s co-efficient of correlation – Rank correlation
co-efficient.

UNIT-III
Regression – Meaning – Distinction between correlation and regression -
Regression lines and regression co-efficients

UNIT-IV
Analysis of time series – Components of time series - Measurement of secular trend
- Moving average method and method of least squares – Uses of time series
analysis.

69
UNIT-V
Index numbers – Simple and weighted index numbers - Laspeyer’s and Pasche‘s
index number – Fisher’s ideal index number- Marshall Edgeworth’s index number
– Tests to be satisfied by an ideal index number- uses of index numbers.

Recommended Texts:

1. S.P. Gupta – Statistical Methods

2. R.G.D. Allen – Mathematics for economists
3. P.R. Vittal- Mathematical Statistics
4. Damodhar &Gujarathi - Economic models
5. H, Cramer (1946) - Mathematical Methods of Statistics,( Princeton).

Course Outcomes
To distinguish between the census and different methods of
CO1 sampling and its application and merits.
To understand, recall formulae and solve problems on estimating
CO2
correlation through different methods.
To demonstrate the need for regression analysis, recall formulae
CO3 and solve problems on regression through different methods..
To distinguish between the various components of time series and
CO4 solve problems on measurement of secular trend through different
methods.
To outline the uses of index numbers recall formulae and solve
CO5 problems on determining index numbers through different
methods.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

2 3 1 3
CO1 3 3 3
3
CO2 3 3 2 3 3 3
3
CO3 3 3 2 3 3 3
3
CO4 3 3 3 3 3 3
3
CO5 3 3 3 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

70
 MARKETING

SUBJECT CODE-01207 Total hours- 90 hrs

Credits- 5

Course Description-The student would be able to understand and comprehend the

marketing eco system.

UNIT – I
Nature, scope and significance of marketing – Basic concepts of marketing –
Different types of markets – consumer and market, consumer co -operatives and
consumer councils, modern marketing – Marketing environment.
UNIT – II
Product – New product – Product planning and development, product life cycle –
marketing of manufactured goods - consumer goods - industrial goods –
classification – characteristics and channels of distribution.
UNIT – III
Price- pricing objectives and price determination – Basic methods of setting prices
– pricing strategies and policies - pricing strategy of new products.
UNIT – IV
Marketing structure – wholesale and retail – basic whole sale distribution structure
- function and services of wholesale – Retail distribution – Basic retail structure -
large, Medium and small scale retail institutions – super markets, departmental and
chain store.
UNIT – V
Promotional programme - advertising and sales promotion efforts – social
economic effects of advertising personal selling – salesmanship – Nature and
function of salesman – Recruitment – sales organization and selling methods.

Recommended Texts:
1. Kotlar, Philip, Marketing Management, Prentice Hall, New Delhi.
2. Stanton, Etzel, Walker, Fundamentals of Marketing, Tata-McGraw Hill, New Delhi.
3. Marketing - J.Jaishanker.
4. Rajan and Ranjan Marketing
5. Marketing Management by C.P. Gupta

Reference Books:
1. Saxena, Rajan, Marketing Management, Tata-McGraw Hill, New Delhi.
2. McCarthy, E.J., Basic Marketing: A managerial approach, Irwin, New York.
3. Kootz,O'Donnell , Weighrich : Essentials of Management.
4. Marketing Management by Dr. A. Murthy

71
Course Outcomes
CO1 To explain the marketing concepts
CO2 To outline the stages involved in a product life cycle.
To illustrate the objectives of pricing,classify and analyse the pricing
CO3
strategies.
CO4 To summarise the marketing structure and its functions
To explain the promotional programmes and examine its
CO5
effects.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 2 3 2 2 3 3
CO2 3 2 3 2 2 3 3
CO3 3 3 3 3 3 3 3
CO4 3 2 3 2 2 3 3
CO5 3 3 3 2 2 3 3
Correlation levels: 1- Weak 2-Medium 3-High

BASICS OF CAPITAL MARKET

Course Description- The course deals with long term finances, defects & suggestions for
improvement of Indian capital market.

UNIT –I
Capital Market – Meaning – Definitons- Structure – Functions – Importance
– Difference Between Money Market And Capital Market – Interrelationship
Between Money Market And Capital Market

UNIT – II
72
 Long Term Finance – Sources – Financial Institutions – LIC – UTI – IDBI-
ICICI – IFCI

UNIT – III
Indian Capital Market – Features – Functions – Defects – Suggestions for
Improvement

UNIT – IV
Stock Exchange Board of Studies (SEBI) – Functions – Role of SEBI –
Achievements

UNIT –V
Financial Intermediaries – Meaning – Role - Functions

Recommended Texts:

1.Cirvante, V.R., The Indian Capital Market (Geoffrey Cumberlege Oxford

University Press, Bombay, 1956).
2.Simha, S.L.N., The Capital Market of India (Vora & Co., Publishers
Pvt. Ltd., Bombay, 1960).

Reference Books:

1. Prithvi Haldea.,Investors Guide To The Capital Market

2. M.L.Jhingan ., Monetary Economics

Course Outcomes
Understand the functions, features, structure of money market & capital
CO1
market.
CO2 Identify the sources of long term finance.
Explain the defects and suggestions for improvement of Indian capital
CO3
market.
CO4 Understand the functions and role of SEBI.
CO5 Analyse the role and functions of Financial Intermediaries.

Mapping of CO v/s PO
PO1 PO2 PO3 PO4 PO5 PO6 PO7 PO8 PO9 PO10 PO11
CO1 2 1 3 3 3 2 3 3 3 2 3
CO2 2 1 3 3 3 3 3 3 3 3 3
CO3 2 1 3 2 3 3 2 3 3 2 3
CO4 3 2 3 2 3 3 3 2 2 3 3

73
 CO5 2 2 3 2 3 3 2 2 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High
Mapping of CO v/s PSO
PSO1 PSO2 PSO3 PSO4 PSO5
CO1 3 2 3 1 3
CO2 2 1 2 3 3
CO3 3 2 3 2 3
CO4 2 3 3 2 3
CO5 2 3 3 2 3
Correlation levels: 1- Weak 2-Medium 3-High

U.G
SEM- III

74
 INDIAN ECONOMIC DEVELOPMENT AND POLICY – I

SUBJECT CODE- 01309 Total hours- 90 hrs

Credits -4

Course Description- A study of the various policies and programmes of the Indian
Economy

UNIT- I
Concepts of Economic growth and development - Economic and Non Economic
factors affecting economic development – Features of less Developed, Developing
and Developed economies.

UNIT- II
Capital Formation – Meaning - Concept of Human and physical Capital - Saving
and investment patterns - Skill development as an essential factor for Human capital
formation in India.- Role of self help groups in empowering women .

UNIT- III
Human Resource - Size and growth rate of population in India – Population
explosion as a retarding factor of Economic development – Population policy –
Employment policies of the government.

UNIT- IV
Agriculture- Contribution to Economic Development - Food problems and
methods to solve it - Measures to increase Agricultural Productivity- Green
Revolution – Developmental programs and new initiatives undertaken by the
current government for enhancing agricultural patterns and production - Land
reform measures – Agricultural subsidies.

75
UNIT- V
Transport - Importance – Types - Contribution of the transport sector towards
Economic Growth – Evaluation of the growth and forthcoming trends in the
transport sector – Rail-Road co-ordination.
Recommended Texts:

1. Aluvalia , I J and IMD Little ( Eds) (1999),India‘s Economic reforms and Development, Oxford
University Press , New Delhi
2. Bardhan, P .K. (1999), The Political Economy of Development in India, Oxford University Press,
New Delhi.
3. S. Sankaran. Indian Economy.
4. Ishwar. C. Dhingra ( The Indian Economy Environment and Policy)
5. Ruddar Dutt and Sundaram ( Indian Economy).
Reference Books:
1. Chakravarty S, (1987), Development Planning: The Indian Experience, Oxford University Press,
and New Delhi
2. Dutt. R. (2001), Second Generation Economic Reforms in India, Deep and Deep publications,
New Delhi.
3. Amartya Sen ( Poverty and Famines ) Oxford 1994.
4. Bhagwati . J. Chakravarthy. S. ( Indian Economic Analysis).
5. Dandekar. V.M. ( Poverty in Indian School of Political Economy).

Course Outcomes
CO1 Understand the basics of economic growth and development
Evaluate the importance of Capital Formation and Human Resource
CO2
development
CO3 Analyse the population growth and employability status in India
Understand the relevance of agricultural Research and development in
CO4
India
Evaluate the importance of the transport sector in
CO5
development
3

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 2 2 2 2 3 3
CO2 3 2 3 2 1 3 3
CO3 2 2 3 2 1 3 3
CO4 3 2 2 3 2 3 3
CO5 2 3 3 2 1 3 3
Correlation levels: 1- Weak 2-Medium 3-High

76
 MONETARY ECONOMICS – I

SUBJECT CODE-01310 Total hours- 90 hrs

Credits- 4

Course Description- The student would be able to understand the concepts relating to
money, determination of the value of money, the monetary system prevalent in the
country and the effects of changes in money supply on the economy.

UNIT – I
Money – Definition, functions and classification - Role of money – With
reference to Capitalist, Socialist and Mixed Economics - Circular flow of
money - Household , Business sector, Government sector and Foreign
sector.

UNIT – II
The value of Money - Index Numbers - Fisher’s Equation - Cambridge
Equations - Keynesian Reformulated Quantity Theory of Money..

UNIT – III
Monetary Standards – Gold Standard – Bimetallism – Gresham’s Law –
Paper Currency Standard - Systems of Note Issue

UNIT – IV
Money supply – Factors influencing money supply - Neutrality and Non-
Neutrality of money – Classical Dichotomy – Patinkin’s Real Balance
Effect .

UNIT – V
Inflation – Causes, types and remedies – Effects on different sections of
society – Tradeoff between inflation and unemployment.

Recommended Texts:
1. M.L. Jhingan, Monetary Economics, Vrinda publications
2. Pierce, David G and Shaw, David M, Monetary Economics: Theories,
Evidence and Policy, Butterworths, London.

Reference Books:
1. Goodhart, C.A.E Money. Information and Uncertainty. , The Macmillan Press.

77
 2. Gupta, Suraj B, Monetary Planning for India, Oxford University Press, Delhi
3. Narendra Jadhav Monetary Economics for India, Macmillan India Ltd., Chennai.
4. Venugopal Reddy, Y Monetary and Financial Sector Reforms in India. Chennai .

Course Outcomes
To define money and understand its classifications, functions
CO1
and role.
To compare and contrast the determination of the value of
CO2
money under different schools of thought.
To identify and evaluate the various monetary standards and
CO3 systems of note issue prevalent.
CO4 To assess the role of money supply in the economy.
To understand the concepts of inflation, identify its causes, evaluate its
CO5
effects and suggest solutions.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 3 3 2 3 3 3
CO2 3 3 2 3 2 3 3
CO3 3 3 3 2 2 3 3
CO4 3 3 3 3 2 3 3
CO5 3 3 3 2 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

78
 WOMEN AND ECONOMIC DEVELOPMENT

SUBJECT CODE- 01311 Total hours – 90 hrs

Credits -5

Unit - I
Historical review of the economic role of women – Women’s work,
household economy and measurement.

Unit - II
Structure of female employment in contemporary society –
Problems of unorganized sectors – Employment policies and wage
discriminations.

Unit - III
Labour market theories – Segmented Labour market – Determinants
of women’s employment – Occupational pattern of women in India
state comparisons – Contributions of women to GNP in India.

Unit - IV
Equal pay – Problems and working conditions of Indian women, Sex,
discrimination – Social and economic barriers – Leisure time activities
- National Commission for Women.

Unit - V
Women and Economic Development - A modern approach.

Recommended Text:

1. Boserop – women’s role in economic Development.

2. Gosh, S.K. Women in a changing society. Asia Publishing House

Reference Books:

1. Jain Devaki - Women in a developing Economy.

2. Kapur Promila - Changing status of the working women in India Vikas.
3. Ranade – S.N and Ramachandran. P. Women and employment.
4. Srinivasan. N – Status of women, Oxford University Press.

79
TOURISM AND ECONOMIC DEVELOPMENT (2018 Batch onwards)

SUBJECT CODE- 01311 Total hours – 90 hrs

Credits -5

Unit - I
Tourism – Meaning – Types, Functions, Volume and Components of
Tourism.

Unit - II
Significance of Tourism – Socio economic importance of Tourism – Travel
agency – Travel agents – Travel guides – Travel documents – Pass port
and other formalities..

Unit - III
Growth of Tourism – Causes for growth of Tourism – Economic and social
factors – Transport, accommodation, locality – Medical tourism and its
significance.

Unit - IV
Development of Tourism in India – Pre-Independence and Post-
Independence periods – Role of Private sector and public sector – Five year
Plans and Tourism – New policy on Tourism Management Strategy –
Tourism policy analysis – Tourism legislation.

Unit - V
Tourism promotion – Functions of advertising agencies – Support activities
– Public Relations – Tourism as an instrument of archiving Economic
gains – Tamil Nadu Tourism – Important Tourism centres - Chennai,
Ooty, Kodaikanal, Kanniyakumari, Tanjore, Rameshwaram, Kanjeepuram.

Recommended Text:

1. Boserop – women’s role in economic Development.

2. Gosh, S.K. Women in a changing society. Asia Publishing House

Reference Books:

1. Jain Devaki - Women in a developing Economy.

80
2. Kapur Promila - Changing status of the working women in India Vikas.
3. Ranade – S.N and Ramachandran. P. Women and employment.
4. Srinivasan. N – Status of women, Oxford University Press.

Course Outcomes
CO1 Paraphrase concepts related to tourism in general
Enumerate various types of tourism with special reference to medical
CO2
tourism
To appraise the various policies and principles adopted with respect to
CO3 tourism
Analyze the role of tourism with respect to economic growth and
CO4
development of our country
Elaborate the importance and significance of various tourists spots in
CO5
Tamil Nadu

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 1 1 1 2 3 3
CO2 2 3 3 3 2 3 3
CO3 1 2 2 2 3 3 3
CO4 2 3 2 3 1 3 3
CO5 2 2 3 3 2 3 3
Correlation levels: 1- Weak 2-Medium 3-High

81
 U.G
SEM- IV

INDIAN ECONOMIC DEVELOPMENT AND POLICY – II

SUBJECT CODE- 01412 Total hours- 90 hrs

Credits -4

Course Description- A study of the various plans, policies and programmes of the Indian
Economy

UNIT – I
Evolution of the Industrial sector - Role of industries in Economic

82
 Development Concept of Large Scale, small scale and cottage industries –
Problems and Steps taken by the Government to enhance the performance
of both large and small scale industries.

UNIT – II
Industrial policy Resolutions – Industrial Licensing – Impact of Licensing
on industries. Role of the public sector in India Meaning and scope of
Privatization attempts at Privatization in India.

UNIT – III
Planning in India – A brief resume of India’s five year plans financing of
five year plans. Review of the recent Five year plan- Role of NITI
AAYOG.

UNIT – IV
Importance of Foreign Trade for a Developing Economy – Foreign Trade
since Independence in India Composition and direction of India’s foreign
trade – India’s recent trade patterns and the status in the Global economy.

UNIT – V
Policies and Programmes of Tamil Nadu Government in the Development
of Agriculture, Industry, Unemployment and poverty. State finance –
Revenue, Expenditure Tamil Nadu Budget (Recent) Review of the recent
expenditures and revenues of the state government.

Recommended Texts:

1. Bhagwati asnd Chakraborty: Indian Economic Analysis Economic Survey.

2. Dutt and Sundaram: Indian Economy, S Chand and Company, Delhi

Reference Books:

1. Agarwal: Indian Economy, Vikas Publishing Company, Delhi

2. Lipsey and Chrystal: Principles of Economics (Oxford University Press)
3. Dutta,R & K.P.M Sundaram: Indian Economy,S.Chand & Co. New Delhi
4. Misra,S.K& Puri V. K : Indian Economy, Himalayas Publishing Co.Mumbai

Course Outcomes
Understand Industrial development and the working of large scale, small
CO1
scale and cottage industries.
CO2 Analyse various aspects of privatization and Industrial policy resolution
Understand the working of various five-year plans and transformation to
CO3
NITI Aayog
CO4 Analyse patterns of foreign trade of India with the global economy.

83
 Analyse the working of the Tamil Nadu Government w.r.t
CO5
India
3

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 2 2 2 2 3 3
CO2 3 2 3 2 1 3 3
CO3 2 2 3 2 1 3 3
CO4 3 2 2 3 2 3 3
CO5 2 3 3 2 1 3 3
Correlation levels: 1- Weak 2-Medium 3-High

MONETARY ECONOMICS – II

SUBJECT CODE- 01413 Total hours- 90 hrs

Credits-4

Course description- The student would be able to understand the functioning of the
commercial banks, central bank as a controller of credit through its monetary policy,
financial markets and international financial institutions in the Indian context..

UNIT – I
Commercial Banking – Meanings, Types - Unit Banking and Branch
Banking - Functions of commercial Banks – The process of credit creation
by commercial banks – Essentials of a sound banking system.

UNIT – II
Nationalization of Banks –Justification – Objectives - A critical appraisal
of the progress of commercial banking after Nationalization.

UNIT – III

84
 Central Banking –Meaning – Constitution of Reserve Bank of India as
Central Bank – Functions of RBI- Organizational structure and
management of RBI – Role of RBI in Agricultural and Industrial
Development

UNIT – IV
Indian money Market – Nature, functions, constituents – Indian capital
Market- Nature, functions, constituents - IMF, World Bank – With
reference to India.

UNIT – V
Monetary Policy – Objectives - Instruments – Expansionary and Restrictive
Monetary Policy – Recent Financial Reforms in India with respect to
Banking sector, money market and capital market.

Recommended Texts:

1. M.L. Jhingan, Monetary Economics, Vrinda publications

2. Pierce, David G and Shaw, David M, Monetary Economics: Theories,
Evidence and Policy, Butterworths, London.

Reference Books:
1. Goodhart, C.A.E Money. Information and Uncertainty. , The Macmillan Press.
2. Gupta, Suraj B, Monetary Planning for India, Oxford University Press, Delhi
3. Narendra Jadhav Monetary Economics for India, Macmillan India Ltd., Chennai.
4. Venugopal Reddy, Y Monetary and Financial Sector Reforms in India. Chennai.

Course Outcomes
To explain the functions and role of commercial banks and
CO1
central banks.
To evaluate the progress made by commercial banks in India
CO2
since nationalization.
To compare the functioning of money markets and capital
CO3 markets.
To apprise the role of international financial institutions in
CO4
the Indian context.
To explain the functioning of monetary policy and evaluate its potential
CO5
and burden.

85
 Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 2 3 1 3 3 3
CO2 3 3 1 1 2 3 3
CO3 3 2 3 2 2 3 3
CO4 3 2 3 1 1 3 3
CO5 3 3 3 3 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

ELEMENTS OF INSURANCE

SUBJECT CODE-01414 Total hours- 90 hrs

Credits -5
Course Description – The course deals with the types of insurance.

UNIT – I

Introduction to Insurance – Types of insurance – Principals of Insurance

UNIT – II

Salient Features of IRDA Act – Administration of IRDA ACT – Regulatory

measures of IRDA

UNIT – III

Life Insurance Products – Term, Whole life, Endowment.

UNIT – IV

Introduction to general Insurance – Fire, Marine and Motor Insurance.

86
UNIT – V

Government and Insurance Companies – LIC India – Private Players in Insurance.

Recommended Texts:

1. Dr. N. Premavathy, Elements of Insurance, Sri Vishnu Publications

2. Dr. A. Murthy, Elements of Insurance, Margam Publications, Chennai.
3. M.N. Mishra Insurance, Principals & Practice, S. Chavels Co.Ltd

Course Outcomes
Demonstrate comprehensive knowledge and understanding of Basic
CO1
elements of Types, Principles in Insurance.
Analyze, interpret and evaluate Administration and salient features of
CO2
IRDA and its regulatory functions.
To critically evaluate and analyse Life Insurance and its various Products,
CO3 Term, Whole life, Endowment. And understand its long term benefits to
individuals in the economy.
To understand the benefits, and impact of General Insurance, Fire, Marine,
CO4
and Motor insurance, on reducing risk and providing cover.
To evaluate government insurance companies,,LIC, and Private Players, in
CO5
Insurance industry.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 3 2 3 3 3 3
CO2 3 3 3 3 3 3 3
CO3 3 3 1 3 3 3 3
CO4 3 3 2 3 2 3 3
CO5 3 2 3 3 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

87
 U.G
SEM- V

88
 MACRO ECONOMICS – I

SUBJECT CODE- 01515 Total hours- 90 hrs

Credits- 4

Course Description-The course deals with the understanding and evaluating of concepts
and theories at the macro economic level.

UNIT – I
Nature and scope of macro Economics – Micro and Macro economics –
circular flow of income – Two sector, Three sector and Four sector models.

UNIT – II
National income – Concepts – Measurements – Difficulties - Uses – Social
Accounting.

UNIT – III
Classical theory of Employment and Income – Say’s Law of market - Pigou
effect.

UNIT – IV
Consumption Function – Meaning – Factors influencing Consumption –
Theories of Consumption function.

UNIT – V
Investment Function – Meaning – Types – Determinants of Investment –
MEC – MEI – Simple Keynesian model of income and employment
determination.

Recommended Texts:
1. Ishwar .C. Dingra - Macro Economic Theory
2. S. Sankaran - Macro Economics.
3. M.L. Jhingan Macro Economics
4. Varshney and Maheshwari Macro Economic Theory.
5. V.N. Pandit ( Macro Economic Characteristics of the Indian Economic
Theory)

Reference Books:
1. K.E. Boulding- ( A Reconstruction of Economics)
2. Paul. A. Samulson ( Macro Economics)
3. Edward Shapiro ( Macro Economic Analysis)
4. Ackley – Macro Economic Theory
5. Blackhouse. R. and A Salansi ( Macro Economics and Real World)

89
 Course Outcomes
CO1 To explain he concepts relating to macro economics
To define the concepts relating to National Income,compare the methods
CO2 involved in the measurement of National Income and evaluate the
difficulties.
To classify and analyse the macro economic theories of the various
CO3
schools of economic thought.
To identify the factors influencing consumption and compare the theories
CO4
of consumption function.
To categorize the determinants of investment and evaluate
CO5 the Keynesian model of income and employment
determination..

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 3 3 2 3 3 3
CO2 3 3 3 2 3 3 3
CO3 3 3 3 3 3 3 3
CO4 3 3 3 3 3 3 3
CO5 3 3 3 3 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

90
 FISCAL ECONOMICS – I

SUBJECT CODE- 01516 Total hours- 90 hrs

Credits -4

Course Description-A study of government Expenditure and Revenue and the variations
in the tax rates.

UNIT – I
Meaning and scope of public finance – Distinguish between private and
public finance –– Need for Government activity – Role of the public sector
- Principle of maximum social advantage.

UNIT – II
Principles of Public Expenditure – Classification of Public expenditure –
Causes and Effects of public expenditure.

UNIT – III
Public revenue - Sources – Distinction between Tax revenue and Non - Tax
Revenue – Taxation - Meaning – – Classification of taxes – Direct and Indirect
Taxes- Meaning- Merits and Demerits – AdValorem and Specific Duties –
Progressive, Proportional and Regressive Taxes – Impact and incidence of Taxation.

UNIT – IV
Theories of Taxation - Characteristics of a good tax system – Cannons of
Taxation – Effects of Taxation

UNIT – V
Taxable capacity – Meaning - Factors determining taxable capacity –
Limits of Taxable Capacity – Measurement of taxable capacity – Value
Added Tax – Merits and Demerits - GST

Recommended Texts:
1. Tyagi .B.P, Public Finance
2. Sankaran .S, Fiscal Economics

Reference Books:

1. Sundaram K.P.M, Fiscal Economics

2. Cauvery and others, Fiscal Economics
3. Bhargava .R.N, Indian Public Finance
4. Mithani .D.M, Public Finance

91
Course Outcomes

CO1 Understand and analyse the concept of public finance

CO2 Understand the concept of public expenditure
CO3 Evaluate public revenue and taxation
CO4 Understand the theories of taxation
CO5 Analyse the concept of taxable capacity and its applicability

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 2 2 2 3 2 3 3
CO2 2 2 3 2 1 3 3
CO3 2 3 2 2 1 3 3
CO4 2 2 3 3 2 3 3
CO5 2 3 3 2 2 3 3
Correlation levels: 1- Weak 2-Medium 3-High

92
 INTERNATIONAL ECONOMICS - I

SUBJECT CODE :01517 Total Hours – 90hrs

Credits -4

Course Description- Students can comprehend the need, cause and effects of international trade

Unit - I
Foreign Trade, Need, Inter regional and International trade, Theories
of International Trade – Adam Smith, Ricardo, Heckscher Ohlin Theory .

Unit – II
Terms of trade - different concepts of terms of trade – Determinants of terms
of trade – Static and Dynamic gains from trade – Capital Saving and
Labour saving Technologies and its impact on terms of trade.

Unit – III
Gains from Trade – Trade policy, Free trade – Meaning – Case for and
against free trade – Protection meaning - Arguments for and against
Protection.

Unit – IV
Tariff - Meaning and types - Effects of Tariffs – Quotas meaning and types
- Effects of Quotas on imports.

Unit – V
Balance of payments – Meaning structure, Balance of payments and Balance
of trade, disequilibrium in Balance of payments. Causes for disequilibrium
and measures of correcting it.

Recommended Texts
1. Jinghan. M.L , International Economics (Vrindha Publications).
2. M.C. Vaish and Sudama, International Economics Oxford and IBH

Reference Books:
1. B.O. Sodersten (1980), International Economics
2. Kindleberger C.P., International Economics
3. Paul. R. Krugman and Maurice . (2005) , International Economics theory and Policy
4. Dr. Radha (2007), International Economics, (Prasanna Publications Ist Edition)

93
.
Course Outcomes
To understand the need for international trade through
CO1
different theories.
CO2 To explain the different concepts of terms of trade
CO3 To explain the different concepts of gains from trade.
To understand the meaning,types and effects of tariffs and
CO4
quotas.
To understand the concept, meaning,structure and equilibrium in the
CO5
Balance of payments.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 3 3 2 2 3 3
CO2 2 2 1 3 2 3 3
CO3 2 2 1 3 2 3 3
CO4 3 3 2 3 3 3 3
CO5 3 3 2 3 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

94
 HISTORY OF ECONOMIC THOUGHT

SUBJECT CODE- 01518 Total hours- 90 hrs

Credits -4

UNIT – I

Economic Thoughts of Mercantalism – Physiocracy – Adam Smith – T.R.

Malthus – David Ricardo.

UNIT – II

Economic Ideas of Alfred Marshall – J.A. Schumpeter – Pigou

UNIT – III

Economic Ideas of Karl Marx – Veblen

UNIT – IV

Nobel Laureates – Paul A. Samuelson, Hicks, Friedman, Amarthya Sen.

UNIT – V

Indian Economic thought – D. Naoroji – M.K. Gandhi – B.R. Ambedhkar – Nehru

– E.V.R. Periyar,Tiruvalluvar..

Recommended Texts:

1. Dr. V. Shanmuga Sundaram, Indian Economic Thought Development and policies

2. E. Roll , History of Economic Thought

Reference Books:

1. V. Lokanathan, History of Economic Thought

2. T.N. Hajela, History of Economic Thought
3. S. Sankaran, A History of Economic Thought
4. A. Grey, Development of Economic Doctrines.

Course Outcomes
Create an understanding of development of Economic Theory of
CO1 Mercantilism, physiocracy, Adam Smith, T.R.Malthus and David
Richardo
CO2 Students will be able to understand the ideas of Alfred Marshall

95
 and J.A.Schumpeter
CO3 To examine about the ideas of karal Marx and veblen
CO4 To understand the contribution of Nobel laureates
CO5 To give knowledge on the perception of Indian economic Thought

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 3 3 3 3 3 3
CO2 3 3 3 3 3 3 3
CO3 3 3 3 3 3 3 3
CO4 3 3 3 3 3 3 3
CO5 3 3 3 3 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

96
 MANAGERIAL ECONOMICS

SUBJECT CODE- 01519 Total hours- 90 hrs

Credits -5

Course Description: The course deals with the concepts relating to managing a
firm or an industry.

UNIT – I
Nature and scope of managerial economics – Managerial economics – Role
and responsibilities of managerial economist – Demand Analysis –
Elasticity of Demand – Demand Forecasting methods.

UNIT – II
Cost and Production Analysis – Costs – Output Relationship – Cost
Reduction – Production Function: Law of variable proportions – Laws of
returns to scale.

UNIT – III
Market Structures – Perfect Competition – Monopoly – Monopolistic
competition – Price and Output determination under different market
conditions.

UNIT – IV
Pricing methods – Pricing new product – Profit and profit management –
Profit planning and forecasting – BEP.

UNIT – V
Capital Budgeting – Cost of Capital – Capital Management – Project
Profitability – Methods of appraising project Profitability.

Recommended Texts:

1. Varshney, R.L. & Maheswari K.L , Managerial Economics

2. Baumol williamm. J, Economic Theory and Operation Analysis

Reference Books:

3. Dean, joel, Managerial Economics

4. Hague D.C, Managerial Economics
5. Mote, Paul & Gupta, Managerial Economics – Concepts & Cases.

97
Course Outcomes
Demonstrate comprehensive knowledge and understanding of managerial
CO1
economics.
Analyze, interpret and evaluate cost and output and production functions
CO2
of business firms in short run and long run
Apply market structures in real life, under perfect and imperfect market
CO3
conditions
CO4 Process knowledge on pricing methods, and profit management
Understand capital budgeting and evaluate its impact in capital structuring,
CO5
investment decisions, and project profitability

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 3 2 3 3 3 3
CO2 3 3 3 3 3 3 3
CO3 3 3 1 3 3 3 3
CO4 3 3 2 3 2 3 3
CO5 3 2 3 3 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

98
 U.G
SEM- VI

MACRO ECONOMICS –II

SUBJECT CODE- 01620 Total hours- 90 hrs

Credits-4

Course Description-The course deals with an understanding of the dynamisms in the

economy at the macro level.

UNIT – I
Multiplier – Static and dynamic multipliers – Concept of accelerator- The
profit theory - The interaction principle – Basics of income and Employment
multiplier.

UNIT – II

99
 Money in the Keynesian model – Demand for money in the Keynesian theory
- Liquidity trap – Keynesian Revolution and its application to less developed
countries.

UNIT – III
Monetary theory in relation to underemployment and full employment –
Integration of monetary and output theories – Patinkin.

UNIT – IV
Post Keynesian macro analysis – General equilibrium of monetary and real
sector –The goods and the money market- Contribution of Hicks, Hanson – IS and
LM – Diagram.

UNIT – V
Objectives and importance of Macro Economic policy.

Recommended Texts:

1. Jhingan M.L, Macro Economic Theory

2. Vaish M.C , Macro Economic Theory

Reference Books:

1. Sankaran .S, Macro Economics

2. Broo man, Macro Economics
3. Derberg and Mc. Dougal, Macro Economics

Course Outcomes
To explain the concepts of multiplier, accelerator,classify its types and
CO1
evaluate them.
To outline the demand for money in the Keynesian model and demonstrate
CO2
its application to less developed countries..
To examine the role of money under conditions of underemployment and
CO3
full employment and show its integration.
CO4 To illustrate the contributions of Hicks & Hansen to macro economics.
To explain the objectives and importance of macro economic
CO5
policy and evaluate it.
100
 Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 3 3 3 2 3 3
CO2 3 3 3 3 2 3 3
CO3 3 3 3 3 2 3 3
CO4 3 3 3 3 2 3 3
CO5 3 3 3 3 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

FISCAL ECONOMICS – II
SUBJECT CODE- 01621 Total hours- 90 hrs
Credits -4

Course Description- A study of government expenditure and revenue and understanding

taxation policy, fiscal federalism and local financing.

UNIT – I
Public Debt – Meaning - Objectives of Public debt – Classification of Public
debt – Effects of Public debt – Repayment of public debt – Management of public
debt.

UNIT – II

101
 Deficit Financing – Meaning – Objectives of Deficit Financing - Role of
deficit financing – Effects of deficit financing on money supply, prices, and
distribution.

UNIT – III
Fiscal Federalism – Meaning - Principles – Problems of imbalance in
financial Resources – Finance Commission – Functions – Recommendations of the
latest Finance commission.

UNIT – IV
Fiscal policy – Meaning - Objectives of fiscal policy - Instruments of fiscal
policy – Role of fiscal policy in a developing economy with reference to India.

UNIT – V
Local finance – Functions – Sources of finance to local bodies – Village
Panchayat – Municipalities – Corporation – Problems of Local Finance.

Recommended Texts :
1. Tyagi .B.P, Public Finance
2. Sankaran .S, Fiscal Economics

Reference Books:
1. Sundaram K.P.M, Fiscal Economics
2. Cauvery and others, Fiscal Economics
3. Bhargava .R.N, Indian Public Finance
4. Mithani .D.M, Public Finance

Course Outcomes
CO1 Summarize the various aspects of public debt
CO2 Understand the meaning and objectives of deficit financing
CO3 Evaluate the imbalances in the financial resources
CO4 Analyse the role of fiscal policy in a developed economy
CO5 Evaluate the role of local bodies with respect to India

102
 Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 2 2 2 3 2 3 3
CO2 2 2 3 2 1 3 3
CO3 2 3 2 2 1 3 3
CO4 2 2 3 3 2 3 3
CO5 2 3 3 2 2 3 3
Correlation levels: 1- Weak 2-Medium 3-High

INTERNATIONAL ECONOMICS – II

SUBJECT CODE- 01622 Total hours- 90 hrs

Credits -4

Course Description- Students can understand the nuances of trade between countries.

Unit - I

Exchange rate – Meaning- Determination of exchange rate – Fixed and

flexible exchange rate -. Foreign Exchange market. – Functions – Transfer
function – Credit function – Hedging function.

Unit - II

Theories of Exchange rate - Mint theory - Purchasing power parity theory

– Balance of payment theory .

Unit – III
Role of Foreign Capital in economic development – Issues in Foreign
Capital - Foreign Direct investment – Multinational Corporations – Foreign
aid.

Unit – IV
Present International monetary system – IMF – SDR – International
Liquidity, International Debt.

Unit – V

103
 Trade and Development – Economic integration – meaning – types - World
Bank, GATT, WTO - Structure objectives, functions and working.
Recommended texts

1. Jinghan. M.L , International Economics (Vrindha Publications).

2. M.C. Vaish and Sudama, International Economics Oxford and IBH
Reference Books:

1. B.O. Sodersten (1980), International Economics

2. Kindleberger C.P, International Economics
3. Paul. R. Krugman and Maurice. (2005), International Economics theory and Policy
4. Dr. Radha (2007), International Economics, (Prasanna Publications Ist Edition

Course Outcomes
CO1 To explain the determination of exchange rate..
To explain the theories showing how exchange rate is
CO2
determined.
CO3 To outline the role of foreign capital in economic development.
CO4 To analyze the present international monetary system.
CO5 To outline the meaning and types of economic integration.

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 1 2 2 3 3 3
CO2 3 3 3 2 2 3 3
CO3 3 1 1 1 3 3 3
CO4 1 3 3 1 2 3 3
CO5 2 1 2 2 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

104
 HUMAN RESOURCE MANAGEMENT

SUBJECT CODE- 01624 Total hours- 90 hrs

Credits -4

Course Description – The course deals with the recruitment,training and promotion of human
resource.

UNIT – I

Human Resource Management: The Philosophy of management Concepts –

Objectives – Functional – Evolution of Management – Development theory and
Management.

UNIT – II
Job Analysis- Design and Evaluation: Concepts – Methods of job Analysis – Job
description – Specialisation – Job design - Job enlargement – Job enrichment - Job
evaluation.

UNIT – III
Recruitment and Selection: Concepts – Sources of Recruitment – Methods of
Recruitment. Selection: Concepts – Selection process – Selection Tools –
Application Bank. Training and Development: Concepts – Ascertaining Training
Methods – Methods of Training and Development.

UNIT – IV
Promotion and Career Planning: Concepts - Criteria for promotion - Demotion.
Career planning: Concepts - Stages in career-planning - Specific problems and
solutions thereof.

UNIT – V
Human resources and Productivity: Factors of Productivity- Role of the
Management in increasing productivity- organization for productivity- Motivation:
Concepts- Theories of Motivation- Motivation Techniques.

RECOMMENDED BOOKS:
1. J. Jaishanker Human Resource Management
2. Dr. Radha Human Resource Development
3. Dr. N. Premavathy Human Resource Management
4. Dr. C.P. Gupta Human Resource Management
5. Dr. A.Murthy Human Resource Management
REFERENCE BOOKS
1. Philip kotler . Mc Graw Hill Human Resource Management
105
 2. Snell Bohlander Human Resource Management
3. Prasanna Chandra Human Resource Management
4. Narko Blaug, Information To Economics Of Education, Penguin
5. V.S.P.Rao, Human Resouces Management –Text&Casio-Excel Books-New Delhi

Course Outcomes
To understand evaluation & function of human resource
CO1
management
They can aware about job analysis , job description, job design,
CO2
job speciation & job evaluation
They can have clear idea about recruitment, selection, training &
CO3 development process
They can able to gain ample of skills such has career planning &
CO4
criteria of promotion
CO5 They can equip them self through motivation

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 3 3 3 3 3 3
CO2 3 3 3 3 3 3 3
CO3 3 3 3 3 3 3 3
CO4 3 3 3 3 3 3 3
CO5 3 3 3 3 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

106
 ENVIRONMENTAL ECONOMICS

SUBJECT CODE- 01623 Total hours-90 hrs

Credits -5

Course Description-The course deals with the understanding of the resources available in
the economy,utilization of the resources and measures for its sustainability.

UNIT – I
Economics and Environment – Definition and role of Environmental Economics – Scope
and significance of Environmental economics – Ecology and Ecosystem – Relationship
between the environment and the Economic system – Environment as a Resource –
Environmental Quality.

UNIT – II
Resources – Concepts and definition – Classification of Resources – Renewable and non-
renewable resources – Atomic Energy - Definition and meaning of Conservation of
Resources – Material Substitution – Product Life Extension – Recycling – Waste reduction
.

UNIT – III
Environmental Regulation in India - Evolution of environmental policy in India;
Preservation and conservation of water resources - Air and water Acts; fiscal incentives;
enforcement and implementation issues; emerging options – Eco-taxes and eco-subsidies;
case studies on pollution control in India

UNIT – IV
Pollution as an Economic problem – Pollution Control – Optimum level – Moral suasion –
Direct control – Regulation – Fiscal technique – Effluent charges and subsidies compared.

UNIT – V
International Environmental policy – Transfrontier pollution – International Agreements –
Stockholm Conference on Human Environment – Recommendations – United Nations
Conference on Environment and Development at Rio- De Janerio ( Agenda 21, june,1992
) – An assessment.

Recommended Texts:
1. Hanley, N., J.F. Shogren, and B. White, Environmental Economics: In Theory and
Practice , Oxford University Press, 2006.
2. Kolstad, C., Environmental Economics, Oxford University Press, 2000.
3. Conrad, J.M. and C. Clark, Natural Resource Economics – Notes and Problems,
Cambridge University Press, 1987.
4. Dasgupta, P.S. and G.M. Heal, Economic Theory and Exhaustible Resources,
University Press (Selected chapters), 1979.
5. Bhattacharya, R.N. (2001), Environmental Economics – An Indian Perspective,
Oxford University Press, Delhi.
Reference Books:
1. Karpagam .M, Environmental Economics- A text book
107
 2. Sankaran. S, Environmental Economics.
3. Pearce. G.W, Environmental Economics.
4. Joseph J.Sereca &Michaeal K.Taussing, Environmental Economics

Course Outcomes
Demonstrate comprehensive knowledge and understanding of
CO1
environmental economics
Apply the principles, and identify environmental resources that are vital
CO2
for economic development.
Ability to Analyze, interpret, and draw conclusions of environmental
CO3
policy in India.
Capability to set up vision and mapping of tasks for pollution control, to
CO4
prevent environmental degradation.
To understand the impact of economic policies in society and international
CO5
environment in context to sustainable development,

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 3 3 3 3 3 3 3
CO2 3 3 1 3 3 3 3
CO3 3 3 3 2 3 3 3
CO4 3 3 2 1 3 3 3
CO5 3 2 2 3 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

108
 HOME ECONOMICS

SUBJECT CODE- Total hours-90 hrs

Credits-

Course Description- The students would learn to apply the principles of economics to
achieve optimal and sustainable living for themselves,families and communities.

UNIT-I: Introduction to Home-Economics.

Definition of Home-Economics History of Home-Economics - - Scope, Need/Importance
of Home-Economics.

UNIT-II: Home and Resources Management.

Family Resources Management – Family Budget - Food and Nutrition – Importance of
Nutrition - Human Development Index - Contribution of Home Economics in National
Development.

UNIT-III: Child care and development

Role of both the parents for parenthood - Basic needs of children at the different stages of
life- from baby to infant- toddler - pre-school child - The Ways in which the parents can
help in the development of the physical, emotional, social and intellectual needs of the
child - Children and Healthy Life - 5 diseases children are immunized against - diphtheria
, tetanus, polio, pertussis (whooping cough) and hemophilic influenza.

UNIT-IV: The Family, Home and Society

Social, cultural and economic influences on family units - The recognition of family
pressures, problems and Solution. – Need for joint family system.

UNIT-V: Families and Human Values

Role of Family , Society and Academic institutions in Inculcating values - Brotherhood ,
Friendship, Empathy , Compassion, Love, Respect, Openness, Patient Listening,
Observation, Recognition, Acceptance, Appreciation, Attitude, Honesty, Loyalty, Sharing
and Solidarity.

109
Book for References
1. Child rearing and psycho-social development-
New Delhi: Lidhop M (1987) Ashish
Publication.
2. Family interaction: Bahr S.J. (1989) N.V. Macmilan.
3. Human Development: Rice F.P. (1995) New Jersy : Prentice Hill.
4. Moral Values in child development- Dutt,S. (1998) New Delhi-
Anmol.
5. Child-Development: Elizabeth Hurlock.
6. Child growth and development: Elizabeth Hurlock.

Course Outcomes
CO1 To understand the basic concept of Home Economics
CO2 To assess the role of home and family in national development
To outline the role of parents and assert the role of
CO3 immunization
CO4 To emphasize the need for joint family system
CO5 To understand and appreciate various human values and family systems

Mapping of CO v/s PSO

PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7

CO1 2 1 2 2 3 3 3
CO2 3 3 3 2 2 3 3
CO3 2 1 1 1 3 3 3
CO4 1 3 3 1 2 3 3
CO5 2 1 2 2 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

INDIAN ECONOMIC DEVELOPMENT AND POLICY

SUBJECT CODE- Total hours-90 hrs

Credits-

110
Course Description- To understanding the functioning of Indian Economy

UNIT I:
Population –Theories of population- Malthusian Theory of population-– Theory of
Demographic transition – Nature of the population problems in India – Population
policies in India and measures.
UNIT II:
Agriculture – Place of agriculture in Indian Economy – Need for food security in India –
An assessment of Agricultural Development in India during the last decade – Irrigation -
Agricultural Pricing policies in India.
UNIT III:
Industry – Role of Industries in Indian Economic Development – Small Vs Large Scale
Industries – Reasons for Industrial sickness in India in recent years – Industrial policy of
Government of India since 1991 – Performance of the Industrial sector in the last decade.
UNIT IV:
Infrastructure –Transport- Role of different modes of Transport in Indian Economic
Development –Need for Government intervention in the provision of Health and
Education in India.
UNIT V:
Economic Planning in India – Objectives and achievements of Five year plans ––Finance
Commission- NITI Ayog –Origin & Objectives.
Books for Reference:
1. Datt, Ruddar and KPM Sundharam (2005). Indian Economy, New Delhi, S.Chand
and Co. Pvt.Ltd

2. Dhingra, IC.(2005). Indian Economy, New Delhi, Sultan.

3. Bhagwati, Jagdish N. and Padma Desai (1981). Planning for Industrialization,

Oxford University Press, London.

4. Agarwal,A.N., (2004). Indian Economy: Problems.

Course Outcomes
CO1 To understand the various theories related to demography
To assess the role of agriculture and irrigation in Indian
CO2
economy
To outline the role of industrial sector and assess its
CO3 performance
To analyze the role and effectiveness of infrastructure with
CO4
special reference to transport and health
To understand the various concepts related to Economic planning with
CO5
special reference to NITI Ayog

Mapping of CO v/s PSO

111
 PSO1 PSO2 PSO3 PSO4 PSO5 PSO6 PSO7
CO1 3 1 2 2 3 3 3
CO2 3 3 3 2 2 3 3
CO3 3 1 1 1 3 3 3
CO4 1 3 3 1 2 3 3
CO5 2 1 2 2 3 3 3
Correlation levels: 1- Weak 2-Medium 3-High

112