Thursday 5 June 2014

Pre - Ph.D Examination Notification - August - 2014

Pre - Ph.D Examination Notification - August - 2014::

========================================

Submitted to the Registrar

   

Sub: Revised Credit Course and Pre-P.D Courses in Economics Reg:


The following is the revised structure for Credit course and Pre-Ph.D Courses in Economics are finalized after discussion by export Committee by phone taking in to consider the guidelines and suggestions by Hon’ble Vice-Chancellor. 

 

1. Credit Course :       1.   Indian Economy Policy

     2.   Pre-PhD. Courses:  1. Paper I: Advanced Analytical Tools in Economics.

                                             2. Paper II   (List enclosed)


  Paper I is Common for all the candidates and Paper II is optional. Candidates can choose any one paper from the 12 optional papers that is closely relating to their specialization area from the list enclosed. The syllabus for the Credit Course and Pre-PhD Courses will be submitted in two days.


Pre-PhD-Courses

Paper I (Common to All)

1. Advanced Analytical Tools in Economics. 

Paper II (Select one Subject closely relating to your field of research)

1. Demography

2. Economics of Gender and Development

3. Economics of Education and Health

4. Human Resource Development in Rural Sector

5. Rural Development Programmes in India

6. Agricultural Economics

7. Indian Industrial Economics

8. Economics of Insurance

9. International Trade and Finance

10. Environmental Economics



   (Dr.P.Vijaya Kumar)         (Dr.N.AppaRao)       

Credit Course


INDIAN ECONOMIC POLICY


Unit 1: Basic Structure of the Indian Economy & Planning in India:

Approaches to Economic Development and its measurement - Indicators of Development-Basic features of the Indian Economy-Need for Structural Change-Growth and Structural Change in the Indian Economy. Objectives and strategy of planning; Failures and achievements of Five Year Plans.

Unit 2: Demographic Features, Poverty and Inequality:

Broad demographic features of Indian population; Rural-urban migration; Urbanization and civic amenities; Poverty and Inequality.


Unit 3: Agricultural Sector:

Institutional structure- land reforms in India: technological change in agriculture-pricing of agricultural inputs and output; Terms of trade between agriculture and industry; Agricultural finance policy; Agricultural Marketing and Warehousing; Issues in food security-policies for sustainable agriculture.

Unit 4: Industrial Sector:

Industrial policy; Public Sector enterprises and their performance; Problems of sick units in India; Privatisation and disinvestment debate; Growth and pattern of industrialization; Small-scale sector; Productivity in industrial  sector; Exit policy-issues in labour market reforms; Approaches for employment generation.


Unit 5: Public Finances: 

Fiscal Federalism: Centre state financial relations; Finances of central government; Finances of state governments; Parallel economy; Problems relating to fiscal policy; Fiscal sector reforms in India.

Economic Reforms:  Rationale of internal and extent reforms; Globalisation of Indian economy; W.T.O. and its impact on the different sectors of the economy; Need for and issues in good governance; Issues in competition and safety nets in Indian economy.





Reference Books:

Ahluwalia, I.J. and I.M.D. Little (Eds) (1999), India’s Economic Reforms and Development (Essays in honour of Manmohan Singh), Oxford University Press, New Delhi.

Bardhan, P.K. (9th edition) (1999), The Political Economy of Development in India, Oxford University Press, new Delhi.

Bawa, R.S. and P.S. Raikhy (Ed.) (1997), Structural Changes in Indian Economy, Guru Nanak Dev University Press, Amritsar.

Brahmananda, PR. And V. R. Panchmukhi (Eds.) (2001), Development Experience in the Indian Economy: Inter-state Perspectives, Book well, Delhi.

Chakravarty, S. (1987), Development Planning: The Indian Experience. Oxford University Press, New Delhi.

Dantwala, M. L. (1996), Dilemmas of Growth: The Indian Experience, Sage Publications, New Delhi.

Datt, R. (Ed.) (2001), Second Generation Economic Reforms in India, Deep & Deep Publications, New Delhi.

Government of India, Economic Survey, (Annual), Ministry of Finance, New Delhi.

Jain, A. K. (1986), Economic Planning in India, Ashish Publishing House, New Delhi.

Jalan, B. (1992), The Indian Economy – Problems and Prospects, Viking, New Delhi.

           Jalan, B. (1996), India’s Economic Policy^-^ Preparing for the Twenty First Century,

Viking, New Delhi.

          Joshi, V. and i. M. D. Little (1999), India: Macro Economics and Political Economy,

1964 – 19901, Oxford University Press, New Delhi.

         Parikh, K. S. (1999), India Development Report, 1999- 2000, Oxford University Press,

New Delhi.

         Reserve Bank of India, Report on Currency and Finance, (Annual).

         Sandesara, J. C. (1992), Industrial Policy and Planning, 1947 – 1991: Tendencies,

Interpretations and Issues, Sage Publications, New Delhi.

        Sen, R. K. and B. Chaterjee (2001), Indian Economy: Agenda for 21st Century (Essays

In honour of Prof. P. P. Brahmananda), Deep & Deep Publications, New Delhi.






Pre-PhD-Courses


Paper I (Common to All)

1.  Advanced Analytical tools in Economics

Paper II (Select one Subject relating to your field)

1. Demography

2. Economics of Gender and Development

3. Economics of Education and Health

4. Human Resource Development in Rural Sector

5. Rural Development Programmes in India

6. Agricultural Economics

7. Indian Industrial Economics

8. Economics of Insurance

9. International Trade and Finance

10. Environmental Economics

Paper I:


1. Advanced Analytical tools in Economics


Unit 1. SAMPLING DESIGNS: Sampling and Designs of Experiments; ANOVA.


Unit 2. TESTING OF HYPOTHESIS: Tests of Significance (T, F, and Chi-Square Test); Parametric and Non-Parametric Tests.


Unit 3. MULTIVARIATE ANALYSIS: Multiple Regression; Factor Analysis; Discriminant Analysis.


Unit 4. BASIC IDEAS IN LINEAR PROGRAMMING: The General Format of Linear Programming Problem; Feasible Set; Basic Feasible Solution; Duality; Graphic Solution; Simplex Method; Application in Economics.


5. ELEMENTS OF INPUT-OUTPUT ANALYSIS: Input-Output Models; Static and Dynamic Input-Output System; Solution of Simple Models; Application in Economics.


6. DATA BASE OF THE INDIAN ECONOMY: Source of Important Official Statistics; National Income Statistics; NSSO; Population Census; Agricultural and Industrial Statistics; Other Sectoral Statistics.


7. BASIC COMPUTER APPLICATIONS: Hardware and Software; Input Output Devices; Operating Systems; Computer Languages; Compute Generation and Classification.


8. SOFTWARE PACKAGES: MS Office; DBMS; FOX-PRO; STATISTICA; SPSS; Internet and Business Applications.


References:

1. Goode, W.J. and Hatt, P.K., “ Methods in Social Research”.

2. M.H.Gopal, “ Research Methods in Social Sciences”.

3. J. Johnston, “Econometric Methods”.

4. Freud, “Modern Elementary Statistics”.

5. S.C. Gupta and V.K. Kapoor, “Fundamental of Applied Statistics”. S. Chand & Sons, 2003.

6. Kim, Jae-on R. Muller, Charless W. “Introduction to Factor Analysis” New Delhi, SAGE Publications, 1978.

7. Schroeder, Larry, D. Sjouqist, David L Stephan, Pualae, “Understanding Regression Analysis: and  Introductory Guide” New Delhi, SAGE Publications, 1992.

8. Demaris, Alfred, “Logit Modeling: Practical Applications”, New Delhi, SAGE Publications, 1992.

9. William R. Klecka, “Discriminant Analysis”, SAGE Publications, 1992.

10. SPSS -Hand Book.

Paper II:


1. DEMOGRAPHY


Unit 1: Population and Development:

Meaning and Scope of Demography-Source of Population data in India and world-Theories of Population-Malthus, Optimum Theory of Population. Theory of Demographic Transition-Population and Development-views of Meadows, Enke and Simon.

Unit 2: Structure of Populations:

Population trends in India and world-population growth rates and distribution-pattern of Age and Sex structure in more developed and Less Developed Countries-Demographic effects of sex and age structure economic and social implications-Age Pyramids-Population aging.

Unit 3: Fertility and Nuptiality:

Importance of Study of Fertility-Total Fertility Rate (TFR), Gross Reproduction Rate (GRR) and Net Reproduction Rate (NRR)-Levels and Trends of Fertility in more and Less Developed Countries-Factors affecting Fertility. Nuptiality- Concept and analysis of marital status, Single mean age at marriage.

Unit 4: Mortality:

Mortality-Death Rates- Crude and Age-specific-Mortality at Birth and Infant Mortality Rate levels and trends of mortality in more and Less Developed Countries-Sex and Age pattern of mortality factors affecting mortality recent past. Life Table-Methods of Population Projection.

Unit 5: Indian Demography:

Population, Economy and Environmental linkages-Growth and Structure of India’s Population-Evolution of Population Policy in India-The shift in policy from Population control to Family Welfare to Women Empowerment-Family Planning Strategies and their outcomes-Reproductive Health, Maternal Nutrition and child health policies-The New Population Policy-Recent Population Census results-Migration and Urbanization in India.


References:

1. Aganwala S.N. (1972) India’s Population Problem, Tata McGraw Hill Co.Bombay

2. Bose, A. (1996), India’s Basic Demographic Statistics, B.R. Publishing Corporation, New Delhi.

3. Bogue, D.J. (1971), Principles of Demography, John Wiley, New York.

4. Chenery, H. and T.N.Srinivasan (Eds) (1989), Hand Book of Development Economics, Vol.1 and 2 Elsevier, Amsterdam.

5. Coale , A.J. and E.M. Hoover (1958), Population growth and Economic Development in Low Income Countries; A case study of India’s Prospects, Princeton University press, Princeton.

6. Gulati S.C. (1988), Fertility in India; An Econometric Study of a Metropolis, Sage New Delhi.

7. Simon, J.L.(1992), Population and Development in Poor Countries, Princeton, University Press.

8. Srinvasan, K. (1998), Basic Demographic Techniques and Applications, Sage New Delhi.

9. Srinivasan K. and A. Shariff (1998), India : Towards Population and Demographic Goals, Oxford University Press, New Delhi.

10. Sryrock, H.et.al.(1973), The methods and Materials of Demography, U.S. Department of Commerce, Washington, D.C.

11. United Nations (1973), The Determinants and Consequences of Populations Trends, Vol.1, UNO Publications, New York.

12. Ramachandrudu, G. (1991), Demographic Methods, AU. Press, Visakhaptnam.


2. ECONOMICS OF GENDER AND DEVELOPMENT


Unit 1: Introduction to Gender Studies:

Importance and  Concepts of women studies-women in patrilineal and matrilineal societies and systems and Relevance to present day society in India-Demography of female Population Age structure, Mortality rates and sex ratio-causes of declining sex ratios and fertility rates in LDCs and  particularly India.

Unit 2: women in Decision Making and Concept of Women’s Work:

Factors affecting decision making by women-Property Rights, Access to and control over Economic resources, Assets-Economics status of women and its effect on work participation rate. Income level, health and education in developing countries and India - Concept of women’s work-valuation of productive and unproductive work, visible and invisible work, paid and unpaid work, participation of women in pre-industrial and industrial societies.

Unit 3: Women and Labour Market:

Factors affecting female entry in labour market-Supply and demand for female labour in developed and developing countries, particularly India-Studies of female work participation in Agriculture, Non-Agricultural Rural Activities. Information Sector, Cottage and Small Scale Industries, organized industry and service sector-Wage differentials in female activates.

Unit 4: Social Security and Social Protection for Women:

Social Security of Women-Access to credit and insurance markets; role of voluntary organizations, Self Help Groups in providing social security-Effectiveness of Collective bargaining; review of legislation for women’s entitlements-social security-Schemes for Safety net for women.

Unit 5: Gender Planning, Development Policies and Governance:

Gender and Development indices-Mainstreaming gender into development policies-gender planning techniques-paradigm shifts from women’s well being to women’s empowerment-Women’s empowerment in India.


Basic Reading List:

1. Boserup, E.(1970), Women’s Role in Economic Development, George Allen and Unwin, London.

2. Desai, N. and M.K.Raj (Eds) (1979), Women and Society in India, “Research Centre for Women Studies, SNDT University, Bombay.

3. Government of India (1974), Towards Equality –Report of the Committee on the Status of Women in India, Department of Social Welfare Ministry of Education and Social Welfare, New Delhi.

4. Krishnaraj, M., R.M. Sudarshan and A.Shariff (1999), Gender, Population and Development, Oxford University Press, New Delhi.

5. Seth, M. (2000), Women and Development; The Indian Experience, sage publications, New Delhi.

6. Srinivasan, k. and Shroff (1998), India : Towards Population and Development Goals, oxford University Press, New Delhi.

7. Venkateswaran, S. (1995), Environment Development and the Gender Gap, Sage Publications, New Delhi.

8. Wazir, R. (2000), The Gender Gap in Basic Education: NGOs as change Agents, Sage Publications, New Delhi.

9. Ramachandrudu, G. (1991), Demographic Methods, AU. Press, Visakhaptnam.

3. ECONOMICS OF EDUCATION AND HEALTH


Unit 1: Education as an instrument for economic growth, Human Capital human Capital Vs Physical Capital, Components of human capital Education as consumption or investment - Demand for Education-private and social demand, Determinants of demand.

Unit 2: Cost of Education - Expenditure on education, Private costs and social costs and wastage and stagnation; Benefits of education-Direct and Indirect benefits, Private and social benefits; Problems involved in measuring returns form investment in education; Educational financing-Resource mobilization and Utilization.

Unit 3: Education and Labour Market - Effects of educational financing on income distribution; Effects of education, Ability and family background on earnings, Poverty and income distribution, Education and employment; economics of educational planning in developing countries with special emphasis on India-Manpower requirements approach.

Unit 4: Health dimensions of development; Determinants of health Poverty, Malnutrition and environmental issues; Economic dimensions of health care-Demand and supply of health care; Institutional issues in health care delivery - Health Care Delivery system in India.

Unit 5: Financing of health care and resource constraints – Health Status Indicators and measurement Global burden of disease-Inequalities in health class and gender perspectives; Health Policy in India.


Basic reading List:

Baumol, W.J. and W.E.Oates (1988), The Theory of Environmental Policy, (2nd Edition), Cambridge University Press, Cambridge.

Berman, R.(Ed) (1995), Health Sector Reform in Developing Countries: Making Health Development Sustainable, Boston: Harvard Series on Population and International Health.

Blaug, m.(1972), Introduction to Economics of Education, Penguin, London.

Bromely, D.W. (Ed) (1995), Handbook of Environment Economics, Blackwell, London.

Cohn, E. and T.Gaske (1989), Economics of Education, Pergamon Press, London.

Fisher , A.C. (1981), Resource and Environmental Economics, Cambridge University Press, Cambridge

Hanley, N., J.F.Shogern and B. white (1997), Environmental Economics in Theory and Practice, Macmillan.

Jeroen, C.J.M: Vanden Bergh (1999), Handbook of Environmental and Resource Economics,  Edward Elgar publishing Ltd., U.K.

Mehta, S., S.Mundle and U.Sankar (1995), Controlling Pollution: Incentives and Regulation, SAGE Publications, New Delhi.

Murthy M.N.,A.James ; and S.Misra (1990), The Economics of water Pollution in India,Oxford University Press, new Delhi.

Sengupta R.P, (2001), Ecology and Economics: An approach to Sustainable Development, Oxford University Press, New Delhi.

Becker, G.S. (1974), Human Capital (2nd Edition), National bureau of Economic Research, New York.

McMohan, W.W. (1999), Education and Development; Measuring the Social Benefits, Oxford University Press, Oxford.

  Padmanabhan, C.B. (1984), Financial Management in Education, Select Books, New Delhi.

Tilak, J.B.G. (1994), Education for Development in Asia, Sage Publications, New Delhi.

Vaizey, J. (1962), Economics of Education, Faber and Faber, London.

Woodhall, M.(1992), Cost Benefit Analysis in Educational Planning, UNESCO, Paris.

Baru, R.V. (1998), Private Health Care in India’s Health Care Social Characteristics , Sage publications, New Delhi.

Berman, P. and M.E Khan (1993) Paying for Indian’s Health Care, Sage Publications, New Delhi.

Panchamukhi, P.R. (1980), Economics of Health: A Trend Report in ICSSR, A Survey of Research in Economics, Vol.VI, Infrastructure, Allied, Delhi.

World Bank (1993), The World Development Report, 1993 : Investing in Health, Oxford university Press, New York.

4. HUMAN RESOURCE DEVELOPMENT IN RURAL SECTOR


Unit –I

 Human Resource Development – Concepts, Need for Human Resource Development, Elements of Human Resource Devlopment in Rural Sector Importance of HRD in accelerating Rural Development – Human Capital formation – Investment for rising nutritional and education standards.


Unit –II

Human Resource Planning, Significance, Methods and Techniques, Job Aanlysis, Recruitment and Selection Process-Induction-Placement-Promotion and Tranfers.


Unit – III

Organizations and Special Programmes for Development of human resources in India-Organizations KVIC, NIRD, CAPART and NWDB Programmes IRDP, TRYSEM, DWCRA  and JRY. 


Unit -IV

Dimensions of HRD for rural development-Health, Education, Energy, Agriculture and allied activities and Population composition. 


Unit – V

Significance of Man Power Planning Techniques for Rural Development, Man Power Utilization and its Type, Types of Manpower available in Rural India-Importance of Training for generation of Employment-Methods of Training-Self Employment, Sectoral Employment and Institutional Employment-F.T.C., K.V.K-Gos and NGDOs


BOOKS AND REFERENCES:


Mehta, M.R Human Resource Development planning with special reference to Asia, New Delhi: Mac Millan Company Limited,1978.

P.V.Batra, the economic and Human Resourcves, B.R Publications, New Delhi 1999.

George Toblas, Human Resources in India (meerut: Meenakshi Prakashna, Bengal Bridge, 1971)

World Bank, World Development Report, 1991-2001-6 Reports 1951,61,71,81.

Sudhir Dawra: Human Resource Development, Rajat Publications, New Delhi, 2003. 

GR Terry & SG Franklin: Principles of Management, All India traveller Bookseller, New Delhi, 1988.

Parag Dawn: Human Resource Management, Deep & Deep Publications, New Delihi,1997.

L.M Prasad: Principles and Practice of Management, sultan chand & Sons, New Delhi,2002.

Gary Dessler: Human Reource Management, prentice Hall of India pt, New Delhi, 2001.








5. RURAL DEVELOPMENT PROGRAMMES IN INDIA


Unit – I   

Rural Development: Meaning, Definition, Scope and concept of  Rural Development, Components of Rural Development, Causes of Rural backwardness – Strategies of Rural Development – Pre-Independence Rural Development Programmes  : Sriniketan Programme-Gurgaon Programme -Martandum Experiment-Baroda Experiment – Nilokheri-Etwa Pilot Project and Bombay Experiment     

                   

Unit – II

Income and Employment Generation Programmes: Integrated Rural Development Programme (IRDP)-Development of Women and Children in Rural Areas (DWCRA)-Training of Rural Youth for Self Employment (TRYSEM)-Supply of Improved Toolkits to Rural Artisans (SITRA) Swarna Jayanti Gram Swarojgar Yojana (SGSY)

Unit III  

Wage and Infrastructure Development Programmes:

Food for Work programme (FWP) National Rural Employment Programme (NREP)-l - Rural Landless Employment Guarantee Programme (RLEGP)-Jawahar Rozghar Yojana (JRY) - Indira Awas Yojana (IAY)-Million Wells Scheme (MWS)-Mahatma Gandhi National Rural Employment Guarantee Programme (MGNREGP)- Pradhan Manthri Gram Sadak Yojana (PMGSY) 


Unit – IV

Area Development Programmes: Drought Prone Area Programme (DPAP)-Desert Development Programme (DDP)-Tribal and Hill Area Development Programme (THADP)-Intensive Agricultural District Programme (IADP) Intensive Agricultural Area Programme (IAAP) HYV Programme and Green Revolution. Watershed Development Programme (WDP), Integrated Wastelands Development Programme (IWDP)


Unit – V

Rural Development and Welfare Programmes in A.P: Jala Yagnam-Indira Kranti Patham,Pavala Vaddi, Abhaya Hastham, Arogya Sri, Indiramma- Bangaru Thalli- Indira Jala Prabha- SC, ST Sub-Plan - Social Security Pensions: Old age Pensions, Widow Pensions, physically handicapped Pensions, Maternity Aid to Pregnant Women.

                                                        

References:

Katar Singh: Rural Development principles, policies and Management, Second edition sage publications, 1999

 .Todaro M.P:Economic Development in III World – Orient Long Man, 1985, 3rd edition

.Arora R.C – Integrated Rural Development in India-S.Chand -1980-ist edition:

Ruddar datt and K.P.M.Sundharam-Indian Economy- S.Chand & Co.Ltd.2004

I.C.Dingra:  Indian Economic Problems: Sultan Chand & Sons-1995.

Journals of Kurukshetra,Yojana,, Planning Commission Reports and Economic Survey of India.

NABARD, Study on Implementation of IRDP -1985.

Kurushetra, Journal of R.D, Ministry of Rural Development, New Delhi (Monthly)

Yojana, Ministry of Information and Broad Casting, New Delhi (Monthly)

Journal of Rural Development, Ministry of Rural Development, Government of India

Misra & Puri – Structure and Problems of Indian Economy-Himalaya Publishing House-1990

6. AGRICUTURAL ECONOMICS


Unit 1: Agricultural and Economic Development:   

Nature and scope of agricultural economics 'Traditional Agriculture and its modernization, Role of agriculture in economic development, Interdependence between agriculture and industry-Some empirical evidence; models of interaction between agriculture and the rest of the economy-, agricultural development, poverty and environment.


Unit 2: Agricultural Production and Productivity:

Agricultural production - Resource use and efficiency; production function analysis in agriculture, Factor combination and resource substitution; cost and Supply curve-, size of farm and laws of returns- Theoretical and empirical findings: Farm budgeting and cost concepts; Resource Use efficiency in traditional agricultural. Technical change, labour absorption and gender issues in agricultural services.


Unit 3: Agricultural Growth in India:

Recent trends in agricultural growth in India; Inter regional variations in growth of output and productivity; cropping pattern shifts; supply of inputs Irrigation, power, seed and fertilizers; Pricing of inputs and role of subsidies; Distribution  of gains from technological change, Role of public investment and capital formation in Indian agriculture; sustainable agriculture – indigenous practices, Bio-technological practices and growth potential.


Unit 4: Land Reforms and Land Policy:

Principles of land utilization, land distribution-structure and trends, land values and rent, land tenures and farming systems-Peasant, Capitalist, Collective and State Farming; Tenancy and Crop sharing-forms, incidence and effects; Land Reforms measures and Performance; Women and Land Reforms; Problems of marginal and small farmers.


Unit 5: Agriculture and External Sector

International trade in Agricultural commodities; Commodity Agreements-Role of World Trade Organization-Issues in liberalization of domestic and international trade in agriculture-Nature and features of agri-business; Role of MNCs; Globalization of Indian Economy and problems and prospects of Indian, Agriculture: Impact of World Trade Organisation on Indian Agriculture.

Basic Reading List:

1. Bhaduri, A. (1984), The Economic Structure of Backward Agriculture, MacMillan, Delhi.

2. Bilgrami, S.A.R. (1996), Agricultural Economics, Himalaya Publishing House, Delhi.

3. Dantwala, M.L., et.al. (1991), Indian Agricultural Development Since Independence, Oxford & IBH,, New Delhi.

4. Government of India (1976), Report of the National Commission on Agriculture, New Delhi,

5. Government of India, Economic Survey (Annual), New Delhi.

6. Gulati, A. and Kelly, J. (1999), Trade Liberalization and Indian Agriculture, Oxford University Press, New Delhi.

7. Joshi, P.C. (1975), Land Reforms in India Trends and Prospects, Allied Publishers, Bombay.

8. Hanumantha Rao, C.H. (1975), Agricultural Growth, Rural Poverty and Environmental Degradation in India, Oxford University Press, New Delhi.

9. Rudra A. (1982), Indian Agricultural Economics, Myths and Reality, Allied Publishers, New Delhi.

10. Saint, G.R. (1979), Farm Size, Resources Use Efficiency and Income Distribution, Allied Publishers, New Delhi.

11. E.O. Heady (1964), Economics of Agricultural Production and Resource, Use, Prentice Hall of India Pvt.Ltd., New Delhi.


7. INDIAN INDUSTRIAL ECONOMICS


Unit 1: Industrialization:Pattern and Phases industrial Productivity and Growth- Industrial Stagnation - The Evidence - Industrial Policies.


Unit 2: Indian Public Sector:Forms of Organization Performance of Public Sector - Problems of Public Sector Enterprises. - The Theory of Disinvestments.


Unit 3: Industrial Finance:Sources of Finance - Institutional Finance - Need for Foreign Capital -Components of Foreign Capital - Foreign Investment inflows - Foreign Direct investment.


Unit 4: Multinational Corporations:Reasons for the Growth of MNCs - Foreign Collaborations and MNCs-Effects on Economic Development – FERA, 1973 -Foreign Exchange-Management Act, 1999 -Technology and Productivity-the MNCs as Producer of Technical Knowledge-International Transfer of Technology.


Unit 5: Current Problems of Selected Industries:Iron and Steel, Cotton-Textile, Sugar, Coal, Cement and Engineering Goods Development of small scale and cottage industries in India-industrial sickness.


Basic Reading Books:

1. Bains J.S.(1996) Industrial Organisation, Che!tanhan UK

2. Kamien M.T. and N.L.Schwarz (1982) : Market Structure and Innovation, Cambridge University Press, Cambridge,

3. Smith D.M. (1971): Industrial Location An Economic and Geographic Analysis, John Wiley, New York.

4. Bhagwati, J. & P. Desai (1972) : India Planning for Industrialization, Oxford University Press, London.

5. Brahmananda, ' P.R. and V.R. Panchanmukhi (Eds.)(1987), The Development Process of the Indian Economy, Himalaya Publishing House, Bombay.

6. Chekravarthy, S. (1987): Development Planning : the Indian Experience, Oxford University Press, New Delhi.

7. B.Jalan (1996), Indian Economic Policy, Vikiny, New Delhi.,

8. Joshi, V. and I.M.D. Little (1999), India Macro Economics and Political Economy i964-1991, Oxford University, New Delhi.

9. Kelkar, V.L. and V.V.Bhanoji Rao (Eds) (1996): India Development Policy imperative, Tata McGraw hill, New Delhi.

10. Sandesara, J.C. (1999), Industrial Policy and Planning-1947-1991: Tendencies Interpretations and Issues, Sage Publications, New Delhi.

11. Sandesara J.C. (1982): Industrial Growth in India, Performance and Prospects, Lala Lajapatirai College, Bombay.

12. Sen R and B.Chatterji (2001) : Indian Economy : Agenda for the 21st Century, Essays in Honour of Professor PR.Brahmananda , Deep & Deep Publications Pvt. Ltd., New Delhi.

13. Ahluwalia, I.J. (1985) : Industrial Growth in India-Stagnation since the mix sixties-Oxford University Press, New Delhi.

14. Richard, N. Cooper : Growth and Equality, The Role of Foreign Trade Investment World Bank and Oxfor University Press, 2002.

8. ECONOMICS OF INSURANCE


Unit 1: Introduction:Economic Security; Human quest for economic security through time, exposure to losses; Role of insurance; Definition of insurance. Risk pooling and risk transfer; Economic and legal perspectives; Social Vs Private insurance; Life Vs Non-life insurance; Classification of life, Health and General Insurance policies.

Unit 2: Risk and Risk Management: Fundamentals of uncertainty and risk; Pure risk and speculative risk; Expected utility and decision making under uncertainty; Expected utility and the demand for insurance; Moral hazards and insurance demand; Concept of risk management; Essentials of risk management; Elements of risk management, Risk assessment; Risk control and risk financing. 

Unit 3: Insurance and Economic Development: Risk management and insurance in economic development, Insurance institutions as financial intermediaries, Insurance institutions as investment institutions, insurance institutions in Indian capital market. World Wide risk sharing - Concept of reinsurance, Fundamentals of reinsurance, Types of reinsurance; Reinsurance distribution systems; Reinsurance markets in Developing countries. 

Unit 4: Types of Insurance: Fundamentals of Life; Health and General Insurance; Functions and importance of Life, Health and General Insurance; Mathematical basis of life  insurance; Plans and legal aspects of life insurance; Provisions of policies, Selection and classification of risks; Types of evaluation. 

Unit 5 : Insurance for Retirement Needs and Regulation: Retirement Planning Strategies: Investment for retirement, Pension Plans, Pension Plans in India; Regulation of insurance; Theories of regulation, insurance regulation in India; Insurance Regulation and Development Authority. (IRDA) 


Basic Reading List:  

Bailey R (Ed) (1999), Underwriting in Life and Insurance, LOMA, Atlanta, Ga. 

Bhole, L.M. (1990) The Indian Financial System, Tata McGraw Hill, New Delhi. 

Bickelhaupt, D.L. (1992), General Insurance, lrwin. Inc. Burr Ridge. 

Black K.Jr. and H.D. Skipper Jr(2000), Life and Heath Insurance, Prentice Hall, Upper Suddle River, New Jerssey 

Finsinger, J, and MV. Pauly (Eds). (1986), The Economic of Insurance Regulation: A Cross National Study, Macmillan, London. 

Graver E.E and L.N.Hayes (Eds). (1994) Mc. Grill’s  Life insurance. The American College, Blyn Mawr Pa. 

Hedad, G.L. and S. Horn II (1991), Essentials of Risk Management, Vol.1 Insurance Institute of America, Malvern, Pa.

Skipper, Jr.H.D. (Ed) (1988). International Risk and Insurance: An Environmental Managerial Approach, lrwin Mc.Graw Hill, Boston.  

Tacchino, K.B. and D.A. Little (1993), Planning for Retirement Needs, The American College, Bryn mawr, pa. 

9. INTERNATIONAL TRADE AND FINANCE


Unit - I: Theory of International Trade : The pure theory of International Trade – Theories of absolute advantage, comparative advantage and opportunity costs, Modern theory of International Trade – Theorem of factor  price equalization – Empirical testing of theory of absolute cost and comparative cost – Heckscher – Ohlin theory of the trade  role of dynamic factors in Trade- The Ryozynski theorm.


Unit -II: Measurement of Gains and Theory of Interventions: Measurement of gains from trade and their distribution – Concepts of terms of trade, their Issues and limitations Hypothesis of secular deterioration of terms of trade - Trade ad an engine of economic growth.

Unit - III: The Theory of Interventions: Tariffs, quotas and non-tariff barriers – Economic effects of tariffs and quotas; non- tariff barriers – and their implications – normal, effective and optimum rates   of tariffs – their measurements - and welfare implications.


Unit -IV :Balance of payments : Meaning and components of  balance of payments – Equilibrium and Dis –equilibrium in the balance of payments – the process of adjustment under systems of gold standard – fixed exchange rates and flexible exchanges rates – Expenditure – reducing and expenditure – switching policies and direct controls for adjustment – Monetary approach to the theory of balance of  payments adjustment- Foreign trade multiplier – relative merits and demerits of fixed and flexible exchanges rates.


Unit -V: The theory of Regional Blocs and International Trade and Monetary system Forms of economic cooperation, static and dynamic effects of a customs union and free trade areas, Rational and economic progress of ASSRC and ASEAN; Rise and fall of gold standard and Brettonwood System; Theory of short – term capital movements; Functions of GATT, WTO Agreements; GATT 1994 Agreement; Agreement on Agriculture; TRIPS; TRIMS.

Text Books

1. Katar Singh Trade policies in India: Trade problems  and trade policies of India since Independence; Recent changes in the direction  and composition of trade; Rational and impact  of trade reforms since 1991; problems of India’s International debt; working  land regulations of MNCs in India. : Rural Development in India – Theory, History and policy.

2. Todara, IMP: Economic Development in the Third Wordl; 

3. Uma Lelke.P: The design of Rural Development

4. Sjar, A &Malhotra “ Intergrated Rural Development

5. Arora, R.C Intergrated Rural Development in India.

Reference Books:

1. Ruddar Dutt & Sundaram , IK.P.M “ Indian Economy

2. Mamora, C.B :Agricultural problems of India.

3. Omdora Jnorwau special Employment programmes  in Rural Development – A studedy of NREP in Gujarat (Mimeo)

4. Todaro, IM.P : Economics for a Developing world.

5. Bardhan Pranab, IK : The political Economy of Development in India. 

6. Dhandkar, V.M & Rath,N.: Poverty in India.

7. Planning Commission, Government of India Resorts of various five year plans.

8. Ministry of Rural Development, Govt. of india. Annual reports. 

9. NABARD : Study of implementation of IRDP (Mieo, 1984)

10. ENVIRONMENTAL ECONOMICS


Unit 1: Environmental Ecology and Economy

Environment and Economy - Elements of Ecology-Energy Flow and Energy Systems Dynamics- Pollution and Externalities-Market Inefficiency and Externalities - Property Rights and Externalities - Non-Convexities and Externalities - Common Property Rights.

Unit 2: Measurement of Environmental Values

Concept of Total Economic Value - Objective standard based valuation-Selective Preference based valuation- Indirect Methods of Environmental Valuation; travel Cost Method, Hedonic Price Theory - Direct Methods of Environmental Valuation; Contingent Valuation Methods.

Unit 3: The theory of Environmental policy

Environmental externalities-Pigouvian taxes and subsidies, marketable pollution permits and mixed instruments (the charges and standards approach), Coase’s bargaining solution and collective action, Environmental institutions and grass root movements, Global environmental externalities and climatic change-tradable pollution permits and international carbon tax , Trade and environment in WTO Regime.

Unit 4: Economics of Natural Resource Management and Sustainable                      Development.

Theories of optimal use of exhaustible and renewable resources; Environment and development trade off and the concept of Sustainable. Development; Rules of Sustainable Development- Indicators of sustainable development-Integrated environmental and economic accounting and the measurement of environmentally corrected GDP-Macro-economic policies and environment.

Unit 5: Environmental and Natural resource Problems in India

Mechanism for environment regulation in India; Environmental laws and their implementation-Policy instruments for controlling water and air pollution-Forestry policy; People’s participation in the management of common and forest lands- The institutions of joint forest management and the joint protected area management; Social forestry and rationale and benefits.


Basic Reading List:

Bhattacharya, R.N. (Ed) (2001), Environmental Economics; An Indian Perspective, Oxford University Press, New Delhi.

Baumol, W.J.and W.E. Oates (1988), The Theory of Environmental Policy (2nd edition), Cambridge University Press, Cambridge.

Fisher, A.C. (1981), Resource and Environmental Economics, Cambridge University Press, Cambridge.

Hanley, N., J.F.Shogern and B. White (1997), Environmental Economics in Theory and Practice, Macmillan.

Hussen, A.M. (1999), Principles of Environmental Economics, Routledge, London.

Jereen, C.J. M.Ven Den Bergh (1999),Handbook of Environmental and Resource Economics, Edward Elgar Publishing Ltd., JK.

Kolstad C.D.(1999), Environmental Economics, Oxford University Press, New Delhi.

Pearce, D.W. and R.Turner (1991), Economic of Natural Resource Use and Environment, John Hapkins  University Press, Baltimere.

Perman, R.M. and J.McGilvary (1996), Natural Resource and Environmental Economics, Longman, London.

Sankar, U.(Ed), (2001, Environmental Economics, Oxford, University Press, New Delhi.

Tietenberg, T. (1994), Environmental Economics and Policy, Harpar Collins, New York.





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