SCHEME OF COURSE :MSc Economics Honours(5-year integrated) Complete Scheme. (T = Theory Course, IA=Internal Assessment, P = Practical Course)

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1 SCHEME OF COURSE :MSc Economics Honours(5-year integrated) Complete Scheme (T = Theory Course, IA=Internal Assessment, P = Practical Course) Semester 9(July-December) Course Nomenclature of the No. paper 901-E Contemporary Issues of Indian Economy Total Marks Periods per week T IA P T P E Agricultural Economics E Any one of the following: (1) Economics of Natural Resources (2) Demography (3) Economics of Infrastructure E Economic Policy E Dissertation Grand Total=500

2 SYLLABI (Semester-09) 901-E Contemporary Issues in Indian Economy External Marks: 80 Internal Marks: 20 Time:3 hours Note: Paper-setter will set nine questions in all. Question no one will be compulsory which will be from the entire syllabus. It will contain eight shorttype Questions. Students are required to attempt four Questions from the remaining eight questions. All questions carry equal marks Unit-I Contemporary Issues in Public sector: Disinvestment, Administered Price Mechanism: Deregulation of fuel prices, Pricing Issues. Unit-II Contemporary Issues in Trade sector: Balance of payments: Current and capital account convertibility, Foreign Direct Investment, Exchange rate related issues. Unit-III Contemporary Issues in Labour market: Migration (internal and external), MNCs and labour laws in India. Unit-IV Contemporary Issues in Taxes: Double taxation avoidance; Goods& services tax regime, WTO and taxes& subsidies. Reading List Jalan, B. (1992): The Indian Economy Problems and Prospects, Viking, New Delhi. Kapila, Uma (Ed.) (2007): Indian Economy Since Independence, Academic Foundation, New Delhi. Krueger, A.O. (Ed.) (2003) : Economic Policy Reforms and the Indian Economy, Oxford University Press, New Delhi. Lucas, E.B. & Papanek, G.F. (Eds.) (1988) : The Indian Economy Recent Development and Future Prospects, Oxford University Press, New Delhi

3 Ahluwalia, I.J. (1985) : Industrial Growth in India, Oxford University Press, NewDelhi. Ahluwalia, I.J. & Little, IMD (Eds.) (1998) : India s Economic Reforms & Development (Essays in Honour of Manmohan Singh), Oxford University Press, New Delhi. Brahmananda, P. R. and Panchamukhi, V. R. (Eds.) (2001) : Development Experience in the Indian Economy : Inter- State Perspectives, Bookwell, Delhi. Byres, T.J. (Ed.) (1998) : The Indian Economy : Major Debate Since Independence, Oxford University Press, New Delhi. Dreze, J. and Amartya Sen (2002) : India Development and Participation, Oxford University Press, New Delhi

4 902-E Agricultural economics External Marks: 80 Internal Marks: 20 Time: 3 hours Note: Paper-setter will set Nine questions in all. Question no one will be compulsory which will be from the entire syllabus. It will contain eight shorttype Questions. Students are required to attempt four Questions from the remaining eight questions. All questions carry equal marks Unit -I Nature and scope of agricultural and rural economics; Production functions in Agriculture-Input-output and product-product relationship; Interdependence between agriculture and industry-intersectoral likages (backward& forward). Unit-II Models of Agricultural development- Fei- Rennis model, Schultze model; Irrigation, HYV seeds, mechanisation, distribution mechanism of output; New agricultural strategy and its impact on Income distribution & Employment. Unit-III Co-operative farming, its evaluation with regard to productivity, employment and Income distribution; New trends in agriculture: Organic farming, Zerotillage, Genetic Engineering in agriculture. Unit-IV Agricultural markets and marketing,nature of demand &supply of Agri - products; Regulated markets; Warehousing, crop insurance; Terms of trade between agricultural and non-agricultural sectors; Objectives of agricultural price policy- Instruments and evaluation; Food security in India and public distribution system. Reading List Bilgrami, S.A.R. (1996), Agricultural Economics, Himalaya Publishing House, Delhi. Dantwala, M.L. et. al (1991), Indian Agricultural Development Since Independence, Oxford & IBH, New Delhi. Gulati, A. and T. Kelly (1999), Trade Liberalisation and Indian Agriculture, Oxford University Press, New Delhi. Joshi, P.C. (1975), Land Reforms in India: Trends and Prospects, Allied Publishers, Bombay.

5 Rudra, A. (1982), Indian Agricultural Economics: Myths and Reality, Allied Publishers, New Delhi.New Delhi. Soni, R.N. (1995), Leading Issues in Agricultural Economics, Arihant Press, Jalandhar. Harque, T. and A.S. Sirohi (1986), Agrarian Reforms and Institutional Changes in India, Concept Publishing Company, Delhi. Raghvan and L. Sarkar (Eds.)(1996), Poverty and Employment, New Age, New Delhi. Rao, C.H. Hanumantha (1994), Agricultural Growth, Rural Poverty and Environmental Degradation in India, Oxford University Press, New Delhi.

6 903-E Option-I Economics of Natural resources External Marks: 80 Internal Marks: 20 Time: 3 hours Note: Paper-setter will set nine questions in all. Question no one will be compulsory which will be from the entire syllabus. It will contain eight shorttype Questions. Students are required to attempt four Questions from the remaining eight questions. All questions carry equal marks Unit-I Nature and scope of Economics of Natural Resource; Inter-relationship with Economic Geography and Environment Science; Efficiency in resource use; Classification of mineral deposits, Indicated Resources, Proven reserves and Probable reserves. Unit-II Production and distribution of energy resources in World &India: coal, petroleum, uranium and Thorium; Production and distribution of mineral resources in world& India: iron ore, Bauxite; Water and land resources in India. Unit-III Network structure and economic activities, impact of transport on economic activities, Edward Ullman s spatial interaction model,basic concepts in location problems, location model of Weber. Unit-IV Emergence of a new global economy transnational integration and its spatial outcomes, WTO and Natural resource use externalities. Reading List Hartshorne, T. A. and Alexander, J. W., Economic Geography (fourth Edition) 2001, New Delhi, Prentice Hall of India. Jones, C. F., and Darkenwarld, G. G., Economic Geography New York, The Macmillan and Co. James. D., Wheeler and Peter O., Muller, Economic Geography, New York, John Wiley and Sons.\ Knox, P The Geography of World Economy. Arnold, London. Hudson, R Economic Geography. Sage Publication, New Delhi. Gautam, A Advanced Economic Geography. Sharda Pustak Bhawan, Allhabad.

7 903-E Option-ii Demography External Marks: 80 Internal Marks: 20 Time: 3 hours Note: Paper-setter will set nine questions in all. Question no one will be compulsory which will be from the entire syllabus. It will contain eight shorttype Questions. Students are required to attempt four Questions from the remaining eight questions. All questions carry equal marks. Unit-I Population and Development Meaning and scope of demography; Components of population growth and their inter-dependence; Measures of population change; Structure, distribution and sources of population data. Unit-II Concepts of Demography Vital rates, Life tables, composition and uses, Age pyramids, population projection stable, stationary and quasi-stationary population.international aspects of population growth and distribution; Pattern of age and sex structure in more developed and less developed countries Unit-III Fertility and urbanisation Importance of study of fertility Total fertility rate, gross reproduction rate and net reproduction rate; Levels and trends of fertility in more and less developed countries; Factors affecting fertility; Urbanization Growth and distribution of rural urban population in developed and developing countries. Unit-IV Population& Environment, Population and Human development issues Demographic characteristics of population of India. Reading List Agarwala S.N. (1972), India s Population Problem, Tata McGraw-Hill Co., Bombay. Bose, A. (1996), India s Basic Demographic Statistics, B.R. Publishing Corporation, New Delhi. Bogue, D.J. (1971), Principles of Demography, John Wiley, New York. Chenery H. and T.N. Srinivasan (Eds.)(1989), Hand Book of Development Economics, Vol. 1 & 2 Elsevier, Amsterdam.

8 Choubey, P.K. (2000), Population Policy in India, Kanishka Publications, New Delhi. Coale, A.J. and E.M. Hoover (1958), Population Growth and Economic Development in Low Income Countries: A Case Study of India s Prospectus, Princeton University Press, Princeton. Gulati, S.C. (1988), Fertility in India: An Econometric Study of a Metropolis, Sage, New Delhi. Simon, J.L. (1992), Population and Development in Poor Countries, Princeton University Press. Srinivasan, K, (1998), Basic Demographic Techniques and Applications, Sage, New Delhi

9 903-E Option-iii Economics of Infrastructure External Marks: 80 Internal Marks: 20 Time: 3 hours Note: Paper-setter will set nine questions in all. Question no one will be compulsory which will be from the entire syllabus. It will contain eight shorttype Questions. Students are required to attempt four Questions from the remaining eight questions. All questions carry equal marks Unit-I Infrastructure and economic development Infrastructure as a public good; Social and physical infrastructure; Special characteristics of utilities. The peakload, Off-Load Problem, Dual Principle Controversy. Unit-II The structure of Transport Costs and Location of Economic Activities. Demand for Transport. Cost structure in the communication Sector; Principles of Pricing. Network externalities in communication. Unit-III Energy and sustainable development; Factors Determining Demand for Energy; Effects of Energy Shortages. Energy Conservation. Renewable and Nonconventional Sources of Energy. The search for an Optimal Energy Policy in the Indian Context. Unit-IV Concept, scope and relevance of Human Resource Development. Education and Economic Growth. Approaches to Educational Planning. Social Demand. Rate of Return and Manpower Balance Approaches. Reading List Indian Council of Social Sciences Research (ICSSR)(1976), Economics of Infrastructure, Vol. VI, New Delhi. National Council of Applied Economic Research (NCAER) (1996), India Infrastructure Report; Policy Implications for Growth and Welfare, NCAER, New Delhi. Parikh, K.S. (Ed.) (1997), India Development Report 1997, Oxford, New Delhi. Parikh, K.S. (Ed.) (1999), India Development Report , Oxford, New Delhi. Turvey. R. (Ed.) (1968), Public Enterprises, Penguin, Harmondwoth.

10 904-E Economic Policy-1 External Marks: 80 Internal Marks: 20 Time:3 hours Note: Paper-setter will set nine questions in all. Question no one will be compulsory which will be from the entire syllabus. It will contain eight shorttype Questions. Students are required to attempt four Questions from the remaining eight questions. All questions carry equal marks Unit -I Economic policy: Instrument variables, target variables, trade-off between objectives, Policy lags Major features of Indian Economy since 1991, Role of new economic strategy: Globalization, Privatization, Liberalization in economic development. Unit-II Monetary policy of RBI: Quantitative& Qualitative measures, RBI s changing focus on OMOs, Bank Rate and CRR; Banking sector reforms, social banking and NBFI policy. Unit -III New trends in Centre-state financial relations; Latest finance commission s recommendations; Fiscal consolidation; Parallel economy& Problems relating to fiscal policy; recent policy shifts in tax &subsidy in India. Unit -IV Economic reforms &new policy changes in Industrial and foreign trade sector; WTO& Economic reforms; Millennium development agenda. Reading List 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. Bardha, P.K. (9th Edition) (1999), The Political Economy of Development in India, Oxford University Press, New Delhi. Brahmananda, P.R. and V.R. Panchmukhi (Eds.) (2001), Development Experience in the Indian Economy: Inter-State Perspectives, Bookwell, 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. Government of India, Planning Commission; Five Year Plan Document

11 905-E DISSERTATION Total marks: 200 Internal Marks: 150 External Marks: 50(Vivavoce) The topics of dissertation work must be assigned by 30 th of September. Submission deadline: 31 st of December/last working day of December Dissertation work will be in the form of main copy and copy of the summary. Dissertation supervisor will be internal. Qualifying marks will be 50 %(of 200) PRACTICALS syllabi 906-PE Contemporary Issues of Indian Economy Total marks: 100 Presentation (written& oral) Disinvestment, Administered Price Mechanism: Deregulation of fuel prices, Goods& services Tax 907-PE Agricultural Economics Total marks: 100 Presentation (written &oral) Interdependence between Agriculture and industry- some empirical evidence, Farm-size &labour productivity Terms of trade between agricultural and non-agricultural sectors; Objectives of agricultural price policy- Instruments and evaluation; Food security in India 908-PE (1) Option-I Economics of Natural resources Total marks: 100 Presentation (written &oral) Efficiency in resource use; Classification of mineral deposits Indicated Resources, Proven reserves and Probable reserves Transnational integration and its spatial outcomes, WTO and Natural resource use externalities

12 908-PE (2) Option-II Presentation (written &oral) Demography Total marks: 100 Measures of population change; Structure, distribution and sources of population data Population and human development issues; Culture and fertility; Education and fertility, Demography and household economic behaviour 908-PE(3) Option-iii Economics of Infrastructure Total marks: 100 Presentation (written &oral) Special characteristics of utilities. The peak-load, Off-Load Problem, Dual Principle Controversy Approaches to Educational Planning. Social Demand. Rate of Return and Manpower Balance Approaches 909-PE Economic Policy-1 Total marks: 100 Presentation (written &oral) Economic Policy: Instrument variables, target variables, trade-off between objectives, Policy lags WTO& Economic reforms; Millennium development agenda