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9 views5 pages

Adobe Scan 01-Jan-2025

Syllabus

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yadavkomal1016
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PAPER V

MATHEMATICALECONOMICS
UNIT-I
Nature of Mathematical Economics, Market Equilibrium: Partial
and General.
Elementary ldea of Difference Equations and their uses, i.e Lagged
Economic Relationships in Market Equilibrium (Cobweb Model).
Concept of Matrices and Determinants and their Applications
Elementary Treatment of Input-Output Model.
UNTT-II
Differentiation of First and Higher Orders and Interpretations
Maxima and Minima and their Application in Economics (eg.
Profit, Cost, Revenue, etc.) Convexity. Concavity and Point of
Inflexion: concepts and their uses.
UNIT-III
Partial Differential Coeficients,Total Differential Coefficients and
their Applications. Homogeneous Functions: Cobb-Douglas
Production Function: Concept, Uses and Applications of
Optimization. Constrained Maxima and Minima in Economics.

UNIT- IV
Probability: Definition, Addition and Multiplication Theorems.
Normal Distribution and its Properties. Simple Integration and its
Uses. Elementary ldea of Diferential Equations and their Uses:
Simple Growth Models. Consumer surplus and Producer's Surplus.

(20 )
PAPER LI
INTERNATIONAL ECONOMICS
UNIT-I
Basis of International Trade. Theorics of International Trade:
Adam Smith, Ricardo. J.S. Mill'sTheory of Reciprocal Demand.
Marshall- Edgewoth Offer (Curve, Haberler's
Opportunity Cost
Theory: Ileckscher's Critique ofClassical Theory
UNIT-II
Terms ofTrade and Gains from Trade: Kinds of Terms of Trade,
Factors Influencing Terms of Trade, Prebisch Singer Model,
Relation between Terms of Trade and Gains from Trade.
Immiserizing Growth Theory. Balance of Payments: Meaning.
Definition. and Illustration: Disequilibrium in BOP
UNIT-III
Exchange Rates: Purchasing Power Parity Theory, Balance of
Payments Theory, Fixed and Flexible Exchange Rates, Spot and
Forward. FreeTrade and Protection, Exchange Control Infant
Industry Argument, Instruments of' protection: Tarifl, Quota and
Devaluation, Exchange Control.Measures for corection in BOP.

UNIT-IV
Intemational financial and trade Instiutions and RTA's: IMF,
IBRD, GATT, UNCTAD, ASEAN, SAARC. FDI: Concept and
Importance for developing countries.

(17)
PAPER III
INDIA'S ECONOMIC POLICY
UNIT-I
General Objectives of EconomicPolicy in Developing Countries.
U'nermpioyment and Poverty. AGeneral Overview &Policies
Natsonal Population Policy and Population
Populatio r h
Policy ofU'nar F
Environmental Problens & National Environment Policy

UNIT-II
Industral Polscy: Role and Objectives
Industrial Policy of India
Prrvate arnd Public Sector
Conpetition Act
Micro, Small and Mediun Enterprises Policies
Energy Sector. Problens and Energy Policy
UNIT-III
Agncuitural Policy in india: Objectives and Overview
Community Development Project and Panchayati Raj
Rural Development Programme
Agricultural Price Policy
Food Policy and The Public Distribution System
UNIT-IV
Foreign Trade Policy: Mesures for Maintaining Balance of
Payments.
Major Programmes of Export Promotion
Exchange Rate Policy
Foreign Direct Investment &Foreign Portfolio Investment
Policies towards Foreign Capital Infiows
18)
Paper -I
Economics Analysis
UNIT-I
The Theory of Imperfect Competiton, Duopoly, Oligopoly,
Collusive and Non-collusive Oligopoly. Courmot, Bertrand.
Fdgeworth, Stackleberg. Chamberlin's Small Group Oligopoly
Model, The Kinded Demand Curve. Cartels: Joint Profit
Maximization and Market Sharing Cartels.
UNIT-II
Monopolistic Competition Models, The Criticism of
Marginalist Approach to the Theory of the Fim, Welfare
Fconomics: The Criteria of Social Welfare, The National Income
Criteria, The Hedonist: The Cardinal Approach to Social Welfare,
Pareto Optimality. Kaldor-Hicks Compensation Principle:
Bergson's Social Welfare Function.

UNIT-III
Criticism ofKeynesian System, Pigou Effect and Wealth Eflect.
Limitations of the Keynesian Consumption Function and
Alternative Specifications (Duesenberry. Friedman-An
Elementary Analyvsis), Hicks-Hansen Elaboration of IS-LM: An
Elementary Analysis. Theory of Investment: Concept and Theory
of Accelerator: Multiplier- Aceelerator Interaction: Hicks and
Samuelson's Theory of Trade Cycle (Non-Mathematical
Treatment).

UNIT-IV
The Harod Problem, Nature of Stcady State, Neo-Classical
Growth Models: Solow, Joan Robinson. Elementary Treatment of
General Equilibrium Theory: Input-OutputAnalysis; Linear
Programming.
(16 )
PAPER IV

HISTORY OF ECONOMIC THOUGHT


UNIT-I
History ofEconomic Doctrines: Nature and Importance,
Mercantilism Nature and Characteristics.
Physiocracy.
Classical Political Thinkers and their ideas: Adam Smith, Ricardo.
Malthus, J.S. Mill.

UNIT-II
Utopian Socialism: Thomas Moore, Saint Simon, Pierre Joscph
Proudhon, Robert Owen
Scientific Socialism: Marx and Engles.
The Marginalist Revolution: Jevons, Menger andWalras
UNIT-III
Nco-Classical Thought-Marshall, Wicksell, Pigou,Wiser. Classical
Critique: JM Keynes.
UNIT-IV
Indian Economic Thought: Kautilya,
Early National Economic Thinking: Naoroji, R.C. Dut.
The Economic ldeas of Gandhi, Nehru, J.K. Mehta, Vinoba Bhave
and B.R. Ambedkar.

(19)

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