PAPER=1 UNIT-1: Microeconomics «A critic of the cardinal approach, Indifference Curve Approach, Revealed Preference Approaci, Laws of returns and returns to scale, Cost carves, Duality in production, Value determination under Perfect Competition. Monopoly, Discriminating Monopoly, Monopolistic Competition, Non-collusive oligopoly, Collusive oligopoly-cartel and. price leadership, Profit. maximisation hypothesis vs, sales maximization hypothesis, Full cost pricing, Bain's Limit Pricing ‘Theory, Marginal Productivity ‘Theory, Euler's theorem.. Theories of rent, wage, interest and profit, Macro theories of distribution, Geneeal equilibrium (2X22) model, Hitficiency of general equilibrium, Pareto welfare optimality, New welfare economics, Social Welfare Function. UNITILMoney, Banking and International Trade : Quantity Theories of Money. Components of money supply, High-powered Money and Money Multiplier, Demand for money-Classical, Keynesian, Friedman's, Baumol's, Tobin's approaches, Theories of Inflation-Demand-pull vs. Cost-push inflation, Irade-off and Non-Trade- of Philips’ curves, Structuralist approach, Rational expectations hypothesis, Structure of interest rates-team structure of interest rates, Changing theories of ‘commercial banking, Functions of central bank, Instruments of monetary policy, Effectiveness of monctary policy, Non-bunking financial intermediaries, Pure ‘Theories of International Trade, Theories of international trade, Terms of trade, Gains from trade, Trade under imperfect competition and increasing returns to scale, (Optimum tariff, Theory of Customs Union, Balance of payments, Disequilibrium in balance of paymenss aid methods of its adjustment, market for forcign exchange- equilibrium rate of exchange, Fixed vs, Mexible rates of exchange, Monetary approach to balance of payments, IMF, World Bank WTO, w UNITHll-tcrorconomics ; National income and social accounting, Classical microeconomics, Keynesian macroeconomics, Theories of consumption functions, Marginal efficiency of investment, Accelerator theary of investment, static and dynamic muttipliers-operation and policy implications, Keynesian theory of interest rate determination, Liquidity Trap and the policy implications, IS-LM model, Patinkin’s real balance effect, Keyens and Pigou cffects, Open economy macroeconomics- Mundell-leming model ‘Theories of trade cycles- Hawirey, Hayek. Keynes Schumpeter, Samueliun, Hicks, kaldor approaches, Conizol of business cycles-relative effective efficacy of monetary and fiscal policies. UNITIV Public Economics ; Normative approach to public finance, Optimal allocation of resourees between public and private sectors, Private goods and Public goods, Externalities and market failure, merit goods, Downs’ Economics Theory of Democracy and vote maximization, Optimum provision of public goods, Valunlary exchange models, Contributions of Pigou-Dalton, Samuelson, Musgrave, Arrows impossibility theorem, Growth of public expenditure, Pure thoory of public ‘expenditure, Criteria for public investment-social cost-benefit analysis, Ability to Pay approach, Theory of optimal taxation, Direct and indirect taxes, Excess burden ‘of taxes, Neutrality and tax burden, T 7UNIT-V: Econamics of Development, Planning and Envizenment ; Determinants of cconamic development, Indexes of development, Factors allecting economic development, Models of growih= Classical model, Harrod-Domar madel, Solow model, Robinson's model, Kaldor’s model, Endogenous growth models, Viciows circle af poverty, Stages of economic growil, Growth with surplus labour- Lewis model, Theory of big posh, Balanced vx. unbalanced growth, Critical minimum clloe! thesis, Dualism, Rane? model, Dependency theory of development, Forwant and backward linkare hypothesis, Terms of trade between agriculture andl industry, Intemational trade and. development, Export led growth, Investment Cfiteria and choke of techniques: Intermediate technique vs. appropriate technique, Planning in liberalized regime, Planning and economic development, Plan madels- Feldman. Mahalanobis mode's, Democratic decentralization ars indicative planning, AGceo level planning, Environment ecanonry interaction, Managing, exhawstible ancl recewable resources, Sustainable development Common property rescues Environmental Kuznets curve, Optimal level of pollution, Marketable pollution permits, Markee achievement and optimal pollution, Coasian bargaining problem, Pigovian tax, Measurement of environmental values, Global environmental cextommalites, Climatic change ana carbon tax PAFERAL UNIT-L : Features of Indian Economy: Demographic features, Poverty, inequality and unemployment- their measurements and focing their challenges, Plansting~ PHorities of planning, Five-Vear Plans, Planning and resonce mobilization, Planning for inclusive growth, Environmentmechaniam for environmental regulation in Inia, environmental Lws and their implementation, controlling water and aie pollution, snviranmental resource management in tnctia, Reforms in Indian econmmy- New Eeonomic Policy, structaral changes in India economy, challenges and issues of globalization of Whe Liliais econaaiy, Indian Public Finanoe fiscal reforms in India, weal federalism in India, Minance Commissions, theary of grants, UNTT-IhIndion Agriculture and Industries: New Agricultural Strategy, Pam size and land prosfuctivity, Land reforms, Agricultural finance, Agricultural matting, Pricing of farm products, Cooperatives, Agribusinesses, Growitl an pattern of fevhasirialization in toa, Problems of large and small scabe industries dn. Iria Inciustril Policy Resolutions of Ue Government of India, Industrial finance, Foxeign capital, Public enterprise: privatization and disinvestment debates, Special Economic Zoneselevance, major ieee and acbiewements UNTT-IIHanking and Service Sectors of Indiae Structure of trian Hinarcial sector, Broad features of Indian banking system, Banking andl financial sector reforms in India, Policy issues in hanking secior-non-perlorming axset problems, Microfinance institutions in bulia, Problems and prospeets of microfinance, Reserve Bask of India ‘Techniques of monetary control, Monetary policy, indian stock market- Primary and secondary markers, markets for deviva:ives. futures, optians and other forms of derivatives, SEBI, Components of service sector of India including, information sector and their growth profile UNI Economic and Social Infrastructure of Indi: Transport geawlh of lansport sector, italitational arrangement, development of ils sub-sectore-sutface wanspert, air tanspart and water transport, Commurication- communication systems in India, Indian tolcom indastry-competition, FIT flaw, regulatory framework, Enexgysiorms af energy, energy resources and conservation, government policy. Education. structure of education delivery, finance for education, Education policy, Health- health care structure, rural and urban Irealth infresteucture, Inter-slate variation in health infrastructure, National Health Policy, Housing rural and urban housing schemes in India, Millennium Development (Goals and saeial sector af ina,LUNIT-V: Eronomies of Development, Planning and Ensironment : Determinants of soomontie development, Indenes of development, Facto affecting economic evelopment, Models of grewilt- Classical model, Harrod-Domar model, Solow ‘model, Robinson's model, Kaldor’s model, Endogenous growth modols, Vicious. circle of poverty, Stages of economic growth, Growth with surplus labour: Lewis model, Theory of big push, Balanced vs. unbalanced growth, Critical minimum stfort thos, Duatism, Rank-Fei model, Deperderey theory of development Farwant and backward linkage hypothe, erm of tre between agricul ard nulusiry, Indemational trade and development, Export led growth, Investment cileria and choiee of techniques, Intermediate technique vs, appropriate lechnique, Planning ina liberalieed repime, Planning, and economic development, Plan madels- Feldman Mahalanobis models, Democratic decentralteation and indicative planning, Miceo level planning, Ensironment econemy interaction, Managing exhaustible ad renewable resources, Sustainable development, Corumon properly resaures, Envicoomental Kuznets curve, Optimal kvel of pollution, Marketable pollution permits, Market achievecwont and optimal polation, Coaskan bargaining proton, Pigovian tax Measurement of environmental values, Global environmental externalities, Climatic change and carbon tax. PAPER-IE UNIT.I + Features of tndian Econary: Demographic features, Poverty, inequality and unemployment sbeir measurements. and facing their challenges, Planning- priorities of planning, Five-Year Plans, Planning and resource mobilization, Planing. for inclusive growily, Envisonment-mechanisin for environmental regulation i India, envisonmental laws and their implementation, controlling water and. air pollution. environmental resource management in India. Reforms in Indian Ssconomy: New Economic Policy, simichiral changes in India economy, challonges and ictus of glohslization of the Inston scongmy, Indlimn Public Finance. fiscal rofores in Indi, fiscal fedoratisn in lod, Finance Commissions, theory of grants UNIC-Lnian Agriculture and Industries: Neve Agricultural Strategy. Fasms size sand land productivity, Land reforms, Agricultural fan, Agricultural marketing, Pricing of farm products, Caoperatives, Agrimsinesses, Growth and pattern of industrinization in india, Problems of large ard small scale industries in India Inlustrit Potiey Resolutions af the Government of tri, Industrial finance, Foreiga capital, Public enterprises-- privatization and disinvestment dobstes, Spee Economic Zons-celevanee, major iseues and acter UNIL-II-Banking and Service Scetors of India: Structure of Indian financial sector, Broad featores of Indian banking svstem, Banking and financial sector reforms in Inala, Policy issues in honking secier-non-perfarming asset problems, Microfiance Insitutions in India, Problems and prospects of microfinance, Rescrve Bank of Inca, ‘Techniques of arotetary control, Monetary policy, Lndian stock wnarket- Primary at secondary markets, markets for derivatives futures, options ard athor farms of derivatives, SEBI, Components of service sector of India including, information soetor and theis growth protile UNITY © Keonomic and Social Intrastructure of India: Trareport- growth of trangport sector, institutional arrangement, development of ite sub.sectors-rurface Iranport. ie transport and waler transport, Cammunicatian- communication system in India, Indian telecom industry-competition, FDI flow, mgulatory framework, Energysform: of energy, enemy reurces and conservation, government policy. Education structure of education delivery. finance for ‘dlocation, Education pobicy, Health- health care séructurc, rural and urban. health infrastructure, Interstate variation in health infrastructure, National Health Policy, Housing rural and urban howsing schemes an India, Mienniom Dovelopment Goals and social sector of nia, UNILY : Indian External Sector; Structure and fentutes of Endia’s foreign tzade, Reforms in India's external sector, EXIM Policy and FERIA, Balance of payments of India, Efforts for extemal balance, Global financial situation and India's external India and WTO.