SYLLABUS OF UG (SEMESTER) DEPARTMENT OF ECONOMICS KUMAUN UNIVERSITY, NAINITAL

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1 SYLLABUS OF UG (SEMESTER) DEPARTMENT OF ECONOMICS KUMAUN UNIVERSITY, NAINITAL Semester wise scheme of paper and syllabus for B.A. Subject Economics shall be as follows :- Semester 1 Micro Economics I Basic Quantitative Methods for Economics I Semester 2 Micro Economics II Basic Quantitative Methods for Economics II Semester 3 Macro Economics and Public Finance I Money, Banking and International Trade II Semester 4 Macro Economics and Public Finance I Money, Banking and International Trade II Semester 5 Structure and Problems of Indian Economy-I Economic Development and Planning II Semester 6 Structure and Problems of Indian Economy-I Economic Development and Planning II NOTE : The subject will have two papers of 75 marks each; out of which 55 marks are assigned for end semester examination and 20 marks are assigned for internal assessment in the form of class test, assignments or combination of both. The qualifying marks will be 33% (total of end semester exam and internal assessment). Each theory paper shall consists of section (A): 20% of total marks (answer in one sentence type questions, multiple choice questions, one word substitution type question, write the equation (formula) type questions, diagram type questions, name the author type questions, data based question etc. all parts will be compulsory), section (B): 40% of total marks (short answer) and section (C): 40% of total marks; (long answer).

2 B.A. Semester I MICRO-ECONOMICS I Definition, Nature, Scope and Methods of Economics. Equilibrium : Partial and General, Static and Dynamic. Micro and Macro Economics. Stable and Unstable, Unique and Multiple. Theory of Demand: Utility Analysis of Demand. (Cardinal & Ordinal Approach) Indifference Curve Analysis. Consumer s Equilibrium (Hicks and Slutsky). Giffen Goods. Applications of Indifference Curve Technique. Revealed Preference Theory. Elasticity of Demand. Consumer's Surplus. Theory of Production : Returns to a Variable Factor. Production Possibility Curve. Production Function : Isoquants, Fixed Proportions and Variable Proportions Production Functions, Linear Homogeneous Production Functions. Returns to Scale. Optimum Factor Combination and Product Mix. Cost of Production and Cost Curves : Total, average and marginal cost, Short Period cost and Long period cost. Supply. 1. Ahuja, H.L.: Arthic Sidthant, S. Chand, New Delhi. 2. Samuelson and Nordhas, Economics. 3. Walton, G., Price Theory and its Uses. 4. Stonier and Hague, A Textbook of Economic Theory. 5. Lipsey, R.G., An Introduction to Positive Economics. 6. ds0 ih0 tsu] vfkz kkl= ds fl)kur] uo;qx lkfgr; lnu] yksgke.mh] vkxjka 7 +,e0,y0 f>axu] O;f V vfkz'kkl=] oùnk ifcyds'ku] fnyyha 8.,l0 ih0 flag] ekbdzks vfkz'kkl=]+,l0 pk n] ubz fnyyha

3 B.A. Semester I BASIC QUANTITATIVE METHODS FOR ECONOMICS-I Note: Elementary Quantitative concepts with illustration from Economics with the help of graph and equations where ever possible. Proof of theorems is not expected. (Simple Calculator without mathematical and statistical functions is allowed but candidates shall have to arrange the calculator at their own) Definition, Scope, Importance and Limitations of Quantitative Techniques and Statistics; Techniques of Data Collection, Classification and Tabulation of Data. Diagrammatic and Graphic Representation of Data. Statistical Investigation Census Vs Sampling, Importance, type of sampling Price Index number Simple Price relative, Weighted Price Index Number. Measures of Central Tendency : Harmonic Mean. Arithmetic Mean, Median, Mode. Geometric Mean. Variables, Functions, Identities, Slopes and Intercepts. Linear Equations in one Unknown. Simultaneous Equations in two variables, Use of Linear Functions in Economics. Differentiation of a Function. : Rules of Differentiation. Economic Applications of the Derivatives. 1. Mehta, B.C. & G.M.K.Madnani : Elementary Mathematics in Economics. vfkz'kkl= esa izkjfehkd xf.kr 2. Zameeruddin, Qazi &V.K.Khanna : Mathematics in Commerce and Economics.. 3. Mittal,S.N. & S.K. Mittal : Arthshastra mein Ganitiya Prayog. 4. Gupta, S.C. : Fundamentals of Statistics. 5. Singhal, Mohan : Elements of Statistics. 6. Yamane, Taro: Mathematics for Economists. 7. Allen, R.G.D. : Mathematical Analysis for Economists. 8. Veerachamy, R. : Quantitative Methods for Economists. 9. ds0,y0 xqirk]jfodkur vxzoky,oa izoh.k tsu] vfkz'kkl= dh vk/kkjhkwr ifjek.kkred fof/k;k ] uouhr izdk ku yksgke.mh] vkxjka 10. ds0,y0 xqirk] izkjfehkd lkaf[;dh] uo;qx lkfgr; lnu] vkxjka 11. Mh0 vkj0 vxzoky] izkjfehkd xf.krh; vfkz kkl=] oùnk ifcyds ku] fnyyha

4 B.A. Semester II MICRO-ECONOMICS - II Theory of Product Pricing : Market Structures and Revenue Curves. Objectives and Equilibrium of the Firm. Perfect Competition. Monopoly and Price Discrimination. Monopolistic Competition. Duopoly. Simple Oligopoly. Theory of Factor Pricing : Marginal Productivity. Theory of Distribution. Theories of Wage Determination. Collective Bargaining and Wages. Wage Differentials. Theory of Rent Scarcity Rent, Differential Rent, Quasi Rent.. Theory of Interest Classical and Keynesian Theories.. Theory of Profits Innovation, Risk and Uncertainty Theories.. 1. Ahuja, H.L.: Arthic Sidthant, S. Chand, New Delhi. 2. Samuelson and Nordhas, Economics. 3. Walton, G., Price Theory and its Uses. 4. Stonier and Hague, A Textbook of Economic Theory. 5. Lipsey, R.G., An Introduction to Positive Economics. 6. ds0 ih0 tsu] vfkz kkl= ds fl)kur] uo;qx lkfgr; lnu] yksgke.mh] vkxjka 7 +,e0,y0 f>axu] O;f V vfkz'kkl=] oùnk ifcyds'ku] fnyyha 8.,l0 ih0 flag] ekbdzks vfkz'kkl=]+,l0 pk n] ubz fnyyha

5 B.A. Semester II BASIC QUANTITATIVE METHODS IN ECONOMICS - II Note: Elementary Quantitative concepts with illustration from Economics with the help of graph and equations where ever possible. Proof of theorems is not expected. (Simple Calculator without mathematical and statistical functions is allowed but candidates shall have to arrange the calculator at their own) Measures of Dispersion: Range, Quartile Deviation, Mean Deviation and Standard Deviation. Coefficient of Variation and variance. Skewness Karl Pearson s and Bowley s Method. Simple Correlation. Maxima and Minima. Elementary Integral Calculus. Applications of Integral calculus in Economics. Matrices and Determinants ( not more than 3 column, 3 row case): Definition and order of a Matrix and Determinant. Properties. Addition, Subtraction and Multiplication of Matrices. Rules for Expansion. Linear Equations : To Find Solution of Linear Equations with the help of Determinant (Cramer's Rule). Types of Matrices. 1. Mehta, B.C. & G.M.K.Madnani : Elementary Mathematics in Economics. vfkz'kkl= esa izkjfehkd xf.kr 2. Zameeruddin, Qazi &V.K.Khanna : Mathematics in Commerce and Economics.. 3. Mittal,S.N. & S.K. Mittal : Arthshastra mein Ganitiya Prayog. 4. Gupta, S.C. : Fundamentals of Statistics. 5. Singhal, Mohan : Elements of Statistics. 6. Yamane, Taro: Mathematics for Economists. 7. Allen, R.G.D. : Mathematical Analysis for Economists. 8. Veerachamy, R. : Quantitative Methods for Economists. 9. ds0,y0 xqirk]jfodkur vxzoky,oa izoh.k tsu] vfkz'kkl= dh vk/kkjhkwr ifjek.kkred fof/k;k ] uouhr izdk ku yksgke.mh] vkxjka 10. ds0,y0 xqirk] izkjfehkd lkaf[;dh] uo;qx lkfgr; lnu] vkxjka 11. Mh0 vkj0 vxzoky] izkjfehkd xf.krh; vfkz kkl=] oùnk ifcyds ku] fnyyha