Sunday, 19 February 2017
Saturday, 18 February 2017
SYLLABI 2016-17
Syllabus
for B.A. 2016-17
Courses
in Economics
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SEMESTER
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PAPER TITLE
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Subject
Code
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CORE COURSE
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Skill Enhancement
Course (SEC)
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Discipline Specific Elective (DSE)
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CREDITS
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I
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Microeconomics–I
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ECO 111
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CORE
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4
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II
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Microeconomics–II
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ECO 122
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CORE
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4
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III
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Macro Economic I
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ECO 233
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CORE
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4
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IV
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Macro Economic II
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ECO 244
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CORE
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4
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V
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Rural Development
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ECO 355
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CORE
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4
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V
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Public Finance
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ECO 356PF
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DSE
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4
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V
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Fundamental computers to Economic
Statistics
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ECO 356ES
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SEC
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DSE
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4
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VI
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Environmental Economics
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ECO 367
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CORE
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4
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VI
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International Trade
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ECO 368PF
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DSE
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4
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VI
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Computer Applications in Economics
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ECO 368ES
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SEC
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DSE
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4
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B COM
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I
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BUSINESS ECONOMICS I
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ECO 101
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CORE
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4
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II
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BUSINESS ECONOMICS II
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ECO 102
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CORE
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4
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Project Work
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I BA
PROGRAMME – ECONOMICS (CBCS PATTERN)
FIRST
YEAR – FIRST SEMESTER-PAPER 1
TITLE:
MICRO ECONOMICS -1
(CONSUMPTION
AND PRODUCTION)
Course
Code: ECO 111
Credits:
4
Teaching Periods Per Week 6 Max. Marks: 100
Objectives:
Micro Economic
Theory forms the basic theoretical foundation of the core subject. The
concepts, theories and diagrammatical representations are the most important
theoretical tools that aid the student to understand grasp the subject.
Unit -1: Introduction Periods:20
Nature, Definition
and Scope of
economics – Micro
and Macro, Static
and Dynamic,
Normative and Positive – Inductive and Deductive approaches –
Partial General Equilibrium –
Choice as an Economic Problem
Unit -2: Consumer Behavior Periods:20
Utility analysis – Cardinal and Ordinal
approaches – Law of Diminishing marginal utility,
Indifference
curves – Properties
of Indifference curves
– Price (Budget) line – Equilibrium
of the consumer
with the help
of Indifference curves.
Demand analysis – Law
of Demand – Elasticity of
Demand – Price,
Income, and Cross
elasticity –Demand
forecasting – Meaning
and factors influencing
demand forecasting -Consumer’s Surplus.
Unit -3: Theory of Production Periods:20
Theories of production –
Objectives of a firm - Factors of
Production – Concept of Cobb-
Douglas production function – Law of Variable Proportions, Law of
Returns to Scale – Isoquant
approach.
Unit -4: Costs and Revenue analysis Periods:20
Different Concepts of Revenue and costs - Equilibrium of the Firm –
Break-Even analysis
Unit -5: Supply Periods:1
0
Theory of Supply - Determinants - Supply function
Suggested Books:
1. R.G. lipsey and
K.A.Chrysal – “ ECONOMICS” Oxford University press, 10/e 2004
2. P.A. Samuelson & W.D
Nordhaus – “ ECONOMICS” Tata mc.Graw Hill, 18/e, 2005
3. N.Gregory Mankiw –
“Principles of Economics”, Thompson, 4/e 2007
4. H.L. Ahuja – “Advanced
Economic Theory”, S Chand, 2004
5. M.L.Sethy – “ Micro
Economics”, Laxmi Narayana Agarwal, 2007
6. D.M. Mithani
& G.K Murthy
– “Fundamentals of
Business Economics”, Himalaya
Publishing, 2007
7. Telugu Academy
Publications
8. AUSSDE – Study material
9. Bilas, A.-“Micro economic
Theory”, International Student edition, Mc. Graw Hill, 1971
BA
PROGRAMME – ECONOMICS (CBCS PATTERN)
FIRST
YEAR – II SEMESTER - PAPER 2
MICRO
ECONOMICS II
(VALUE AND DISTRIBUTION)
Course Code: ECO 122
Credits: 4
Teaching Periods Per Week 6 Max. Marks: 100
Objective
It is designed to introduce
undergraduate students to the fundamental concepts of the markets and it
strictures. The objective of the course is to apply principles of microeconomic
analysis to the day-to-day decision-making of firms and market .
Unit -1: Market Structure 20
periods
Classification of
Markets – Features
of Perfect competitive
market and Imperfect
competitive market. Price
determination under perfect
competition – Equilibrium
of a Firm
and Industry under perfect
competition Time element
in Price determination.
Unit -2: Product Pricing 20
periods
Monopoly –
Price determination under monopoly
– Price Discrimination –
Monopolistic competition –
Price Determination- Oligopoly Kinky demand curve.
Unit -3: Theory of Distribution 10
periods
Personal distribution
and Functional distribution
– Micro distribution
and Macro
distribution – Marginal Productivity theory of distribution
Unit -4: Factor Pricing-I 20
periods
Theories of Wage
determination – Wages and Collective Bargaining – Minimum Wage –
Rent – Scarcity Rent, Differential Rent, Quasi Rent
Unit -5: Factor Pricing-II 20
periods
Interest – Classical, Neo-Classical and Keynesian theories – Profit
– Dynamic, Innovations, Risk
and Uncertainty theories
Suggested Books:
1. R.G. lipsey and K.A.Chrysal
– “ ECONOMICS” Oxford University press, 10/e 2004
2. P.A. Samuelson & W.D
Nordhaus – “ ECONOMICS” Tata mc.Graw Hill, 18/e, 2005
3. N.Gregory Mankiw –
“Principles of Economics”, Thompson, 4/e 2007
4. H.L. Ahuja – “Advanced
Economic Theory”, S Chand, 2004
5. M.L.Sethy – “ Micro
Economics”, Laxmi Narayana Agarwal, 2007
6. D.M. Mithani
& G.K Murthy
– “Fundamentals of
Business Economics”, Himalaya
Publishing, 2007
7. Telugu Academy Publications
II BA
PROGRAMME – ECONOMICS (CBCS PATTERN)
SECOND
YEAR – THIRD SEMESTER-PAPER 3
TITLE:
MACRO ECONOMICS -1
Course
Code: ECO 233
Credits: 4
Teaching Periods Per Week 6 Max. Marks: 100
Objectives
Macroeconomics
establishes the functional relationship and essentials for the proper
comprehension of the different issues and policies at aggregate level.
Macroeconomics is more scientific and blends itself with empirical economic
knowledge. This equips the students to understand systemic facts and latest
theoretical developments for analysis.
Unit – 1
Introduction and National
Income Accounting 20
periods
Meaning, definition and
importance of Macro Economics , Micro
Economics versus Macro Economics. National Income - Definitions, GNP,NNP, GDP
and NDP, Personal Income, Disposable Income, Per capita Income - Measurement of
National Income, limitations of the GDP
concept.
Unit – 2
Theory of Income and
Employment 20
periods
Classical theory of Employment - Say's Law of Markets; Keynesian
Theory of Employment - Consumption
function - Investment Function , MEC, Concepts of multiplier and accelerator.
Unit – 3
Money 20
periods
Meaning and Functions of Money
- Types of money - Gresham's Law – RBI classification of Money; Demand for
money-Classical and KeynesianView
Unit – 4
Theories of Money 20
periods
Theories of Money - Fisher's
Quantity theory of Money ;Cash Balance approach –Marshall’s Equation, Pigou’s
Equation, Robertson’s Equation & Keynes Equation.
Unit - 5
Banking 10
periods
Functions of Commercial Banks - Money Supply and concept of Credit
Creation-Functions of RBI, Monetary policy.
REFERENCES:1. G.Ackley - "Macro Economics Theory and Policy", Collier
Macmillan, 1978.
2. E.Shapiro -
"Macro Economic Analysis", Galgotia Publications, 1999.
3. R.Dornbush, s.Fisher
and R.Startz - "Macro Economics", Tata Mc.Graw Hill, 9/e,
4. M.L.Seth-"Macro
Economics", Lakshmi Narayana Agarwal, 2015.
II BA
PROGRAMME – ECONOMICS (CBCS PATTERN)
SECOND
YEAR – IV SEMESTER-PAPER 4
MACRO ECONOMICS II
Course
Code: ECO 244
Credits: 4
Teaching Periods Per Week 6 Max. Marks: 100
Objectives
This is
a sequel to
Principles of Macroeconomics–I. It
analyses various theories
of determination of National Income in greater detail. It also introduces
students to concept of inflation, its
relationship with unemployment
and some basic
concepts in an
open economy.
Unit - 1
Elementary IS LM Model (Two
Sector only) 10
periods
Definition & Derivation of IS and LM curves – General Equilibrium
using IS & LM curves.
-
Unit - 2
Inflation and unemployment 20
periods
Inflation - definition - types of Inflation ,Demand pull and Cost
push Inflation, Inflationary Gap, determinants of Inflation;
causes and effects of Inflation, measures to control Inflation, relationship
between Inflation and unemployment: Phillips Curve .
Unit - 3
Trade Cycles 20
periods
Trade Cycles - meaning and
definition - Phases of Trade Cycle, causes and consequences of trade cycles,
Monetary and Non Monetary Theory.
Unit - 4
Balance of Payments and
Exchange Rate 20
periods
Balance of payments: current account and
capital account; disequilibrium in Balance of Payments ; Reasons and Mechanism
to rectify the disequilibrium in BOP, market for foreign exchange;
determination of exchange rate.
Unit - 5
Economic Growth 20
periods
Concept of Economic Growth – Stages of Economic growth, Determinants
of Economic Growth, Distinction between economic growth and development - Measurement of economic
development.
REFERENCES:
1. G.Ackley -
"Macro Economics Theory and Policy", Collier Macmillan, 1978.
2. E.Shapiro -
"Macro Economic Analysis", Galgotia Publications, 1999.
3. Central Statistical
Organisations - "National Accounts Statistics".
4. R.Dornbush, s.Fisher
and R.Startz - "Macro Economics", Tata Mc.Graw Hill, 9/e, 2004.
5. M.L.Seth-"Macro
Economics", Lakshmi Narayana Agarwal, 2015.
6. K.P.M. Sundaram -
"Money, banking & International Trade", Sultan Chand, 2010.
7. Dillard, D -
"The Economics of John Maynard Keynes", Crossby Lockwood & Sons.
III B.A ECONOMICS - V SEMESTER - PAPER V
RURAL DEVELOPMENT
(CORE SUBJECT)
Course
Code: ECO 355
Credits: 4
Teaching Periods Per Week 6 Max. Marks: 100
Objectives
To make the students to understand some basic concepts and
theoretical approaches related towards Rural Social Structure. To expose the
students to the critical / analysis and evaluation of those programmes aiming
to bring desired change in Indian Society and to make the students aware of
changed prospective of Rural Society in India.
Unit: 1
SCOPE
OF RURAL DEVELOPMENT (Number
of Periods:10)
The concept of Rural Development –
Approaches to Rural Development.
Unit : 2
RURAL
DEMOGRAPY (Number of
periods:15)
Population Policy-Approaches to Control
Rural Population – Family Welfare Programmes – Problems of Nutrition
and Medical Care.
Unit: 3
RURAL
POVERTY (Number
o Periods:20)
Causes of Poverty- Measurement of Rural
Poverty- Poverty Line- Anti Poverty Programmes –Conditions of Rural Artisans-
Rural Indebtedness, Rural Farm and Non Farm employment, Employment generation programmes, Farm employment.
Unit: 4
RURAL
DEVELOPMENT INSTITUTIONS (Number
Of Periods :25)
Panchayat Raj- DRDA -ITDA - NABARD-DIC -
Their objectives and Functions, Local Government Finance - Micro Finance.
Unit : 5
RURAL
SOCIAL SECTOR . (Number Of Periods: 20)
Problems of Health, A
Critical Review of Arogyasri, Insurance,
Rural Education and
Adult Literacy, It’s Implementation and
NRHM
Reference Books
1. Rural Development In India :I.Satya Sundaram,
Himalaya Publishers.
2. Rural Development & Banks :Goyal K.G,Kalyani
Publishing House.
3. Rural Development In India :Lingaiah, S.Cchnd Co Ltd.
4. Agriculture & Rural Development :Dr.K .Venkata
Reddy, Kalyani Publishing House.
5. Poverty In
India :Dandekar
& Rath,Chand&Chand Co Ltd.
III B.A ECONOMICS V SEMESTER
-PAPER VI
PUBLIC FINANCE
(ELECTIVE)
Course
Code: ECO 356 PF
Credits: 4
Teaching Periods Per Week 4 Max. Marks: 100
Objectives
Role
and functions of the Government in an economy have been changing with the
passage of time. The term ‘Public Finance’ has traditionally been applied to
the package of those policies and operations which involve the use of tax and
expenditure measures while budgetary policy is an important part to understand
the basic problems of use of resources, distribution of income, etc. This paper
combines a through understanding of fiscal institutions with a careful analysis
of the issues, which underline budgetary policies in general, and Indian
experience in particular.
Unit:1
PUBLIC
FINANCE (Number of
Periods :10)
Meaning and Scope of Public Finance
–Public Finance and
Private Finance- Sources of
Public Revenue, Maximum Social Advantage.
Unit :2
TAXATION
(Number of
Periods :15)
Taxation-Meaning-Direct and
Indirect Taxes –Their Merits and
Demerits-Canons of Taxation-Incidence of
Taxation-Effects of Taxation- Characteristics of a
Good Tax
System, Tarrif, Quotas and Custom Unions.
Unit: 3
PUBLIC
EXPENDITURE (Number
of Periods:10)
Meaning and Classification of
Public Expenditure: Canons and Effects of Public Expenditure ,
Causes for the raise of Public
Expenditure.
Unit: 4
PUBLIC DEBT (Number of Periods:15)
Public
Debt-Sources of Public Debt –Effects
of Public Debt-Methods
of Debt Redemption-Growth of India’s Public Debt-Concept of Budget
Deficit.
Unit:5
CENTER
STATE FINANCIAL RELATIONS (Number
of Periods :10)
Nature of Center State Financial
Relations, Finance Commissions and their Functions, Latest Finance
Commission.
Reference Books
1.
Fundamentals Of Public Finance :Mithani,Kalyani
Publishers.
2.
Public Finance :Lekhi.R.K,Kalyani
Publishers.
3.
Public Finance :Bhatia,Jain
Publishers.
4.
Public Finance Theory And Finance :Mankar,S.C.Co Ltd.
5.
Public Finance :J.Kmehta Chand&Chand Co.
6.
International Economics :M.L.Jhingan,Himalaya
Publishers.
III B.A ECONOMICS V SEMESTER
-PAPER VI
COMPUTER FUNDAMENTALS AND
ECONOMIC STATISTICS
(ELECTIVE)
Course
Code: ECO 356 ES
Credits: 4
Teaching Periods Per Week 6 Max. Marks: 100
Objective
The
growth and spread of computer and its invasive presence in every sphere of
intelligent human activity is forcing every educational system and discipline
to adopt and integrate its fundamentals into course curricula. It is to produce
computer literate and well-educated graduates who can get not only employment
but also create work and produce value added output in the society, for which
present syllabus in being designed. We believe this will make our new graduates
more proficient, suitable and fit to face the future challenges in society.
Unit:1
BASICS OF COMPUTERS (Number
of Periods :20)
Computer
Fundamentals; Organization and Components of a Computer; Computer Hardware
—CPU; Memory; Disk Drives; Input and Output Devices; Keyboard; Mouse ; Computer
Peripherals Like Printer, Scanner, Etc.;
Computer Software — Operating System, Application Software and Packages.
Unit:2
(Number
of Periods :10)
SCOPE OF STATISTICS AND COLLECTION OF DATA
Meaning of Statistics – Sources of Data- Primary and Secondary Methods
of Collection of Statistical Data.
Unit:3
(Number of Periods:20)
DATA ANALYSIS &
DIAGRAMMATIC REPRESENTATION
Classification and Tabulation
of Statistical Data – Frequency Tables. Bar Diagrams, Pie Diagrams, Histogram ,
Frequency Polygon, Frequency Curves .
Unit:4
USE OF
COMPUTER FOR OFFICE AUTOMATION (Number of
Periods :20) Ms-Word; Concept and Use of
Spread Sheet; Operation and Use of MS-Excel; Basics of Database; Table; Records
and Fields; Data Entry; Document
Formation and Presentation through MS-Power Point.
Unit:5
MEASURESOF CENTRAL TENDENCY &
DATAANALYSIS(Number of
Periods :20)
Basics
of Statistical Functions and Analysis -Arithmetic Mean , Median , Mode and Computer Application..
Reference
Kerns
(1993), :Essentials Of
Microsoft Windows, Word And Excell, Prentice Hall of India,New,Delhi. Rajaraman, V. (1996): Fundamentals Of Computers, Prentice Hall (Ind.)
New Delhi.
S.P Gupta, :Statistical
Methods
III B.A ECONOMICS - VI
SEMESTER -PAPER VII
ENVIRONMENTAL
ECONOMICS
(CORE PAPER)
Course
Code: ECO 367
Credits: 4
Teaching Periods Per Week 6 Max. Marks: 100
Objectives
This paper would enable the students to know about importance of
environment and economy. Issues relating to environmental problems, policies
and protection and pollution control also find a special place in the syllabus.
Unit 1
ENVIRONMENTAL
ECONOMICS-MEANING, DEFINITION AND IMPORTANCE (Number of
Periods :15)
Introduction, Meaning of Environmental Economics, Economy and the
Environment- Interlinkages, Renewable Energy Resources.
Unit 2
MARKET FAILURE AND PUBLIC
POLICY (Number of
Periods :20)
Introduction – Externality,
Public Goods. Economics of Sustainable Development- Hartwick-Solow Approach To
Sustainability, The Ecological Economic Approach to Sustainability, The Safe
Minimum Standard(SMS) Approach to
Sustainability, Indicators to Sustainable Development, Environmental
Impact Assessment(EIA)- Meaning, Definition and Objectives.
Unit 3
ECONOMIC INCENTIVES FOR
ENVIRONMENTAL PROTECTION AND MANAGEMENT (Number of
Periods :15)
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Introduction, Property Rights, Coase Theorem,
Pigovian Fee, Economic Solutions to
Environmental Problems, Environmental Subsidies, Pollution Permit
Trading System.
|
Unit 4
GLOBAL ENVIRONMENTAL CHANGES (Number of
Periods :25)
Population and Environmental
Changes, Population Growth and Urbanization, Poverty and Environmental Changes,
Environmental Planning and Management, Origin of Environmental Planning.
Unit 5
MAJOR ENVIRONMENTAL LAWS IN
INDIA
(Number of
Periods :15)
The Environment Protection Act 1986, Standards of Emissions,
Drawbacks in The Act, Air Pollution Act 1981, Water Pollution Act 1974,
Restrictions on New Outlets and New Discharges, Municipal Solid Waste Rule
2000.
|
|
References:
1. Barry
C Field Environmental
Economics(Mc Graw Hills)
2. Karpagam
N Environmental Economics-
A Text Book(Sterling Pub)
3. Sankaran
S Environmental
Economics(Margham Pub- Chennai)
4. Sahasranaman Law Of Environment
Protection(Classic Pub)
III B.A ECONOMICS -VI SEMESTER
-PAPER VIII
INTERNATIONAL TRADE
(ELECTIVE)
Course
Code: ECO 368 IT
Credits: 4
Teaching Periods Per Week 4 Max. Marks: 100
Objectives
This paper provides a deep understanding about
the broad Principles and theories in preparing the students in international
economics. It is spread over in different units stressing on the theory and
nature of the subject which will help them to know the trade policies at the
national and international levels and the impact of the globalization on
income, employment and social standards in the current international scenario.
Unit: 1
THEORIES
OF INTERNATIONAL TRADE (Number Of Periods :10)
Inter-Regional and International Trade –
Absolute Advantage, Comparative Advantage and Hecksher-Ohlin Theories.
Unit: 2
THEORIES
OF INTERVENTIONS (Number Of Periods:10)
Tariffs – Meaning- Classification Of Tariffs And Concepts Of Optimum Tariff, Quota
, Non Tariff Barriers.
Unit: 3
BALANCE OF PAYMENTS (Number
Of Periods: 15)
Difference between balance of Trade and Balance of Payments, Foreign
exchange Rate, Fixed and Flexible Exchange Rates, Mechanism to rectify Balance
of Payment Crisis, Concepts Of
Balance Of Payments
And Balance Of
Trade-Disequilibrium In Balance
Of Payments, Causes And Corrective
Measure.
Unit: 4
INDIAS
FOREIGN TRADE (Number Of Periods:15)
Composition and Direction of Foreign
Trade – Export Promotion Policy-
Highlights of EXIM Policy, Foreign Capital, Foreign Aid, Foreign Direct Investment(FDI).
Unit: 5
INTERNATIONAL FINANCIAL INSTITUTIONS (Number Of
Periods:10)
International Finance Agency,
International Monetary Fund(IMF), International Bank for Reconstruction
and Development(IBRD),World Trade Organization(WTO)
Reference Books:
1.
International Economics :Dwivedi, Kalyani Publishers.
2.
International Economics :Francis Cheruniliam, Himalayan
Publishing
House.
3.
International Relations :Malhotra ,S.Chand Co.
4.
International
Economics :Shrivatsava, Jain
Publishers.
III B.A ECONOMICS VI SEMESTER
-PAPER VIII
COMPUTER APPLICATIONS IN ECONOMICS
(ELECTIVE)
Course
Code: ECO 368 ES
Credits: 4
Teaching Periods Per Week 6 Max. Marks: 100
Objectives
This
course is intended to provide students an introduction to statistical methods
and tools that are used in the study of economics at undergraduate level. The
aim of this course is to develop skill in statistical techniques that are
required for a meaningful study of applied economics and for carrying out
empirical research.
Unit: 1
MEASURES OF DISPERSION: (Number of
Periods :20)
Basics
Of Statistical Functions And Analysis Range, Quartile Deviation, Mean
Deviation, Standard Deviation.
Unit: 2
CORRELATION AND REGRESSION ANALYSIS. (Number of
Periods 20)
Types Of Correlation, Karl
Pearsons Correlation , Spearmens Rank Correlation, Analyzing Correlation
Between Two Variables, Regression Analysis
Unit:3
INDEX NUMBERS (Number
of Periods :10)
Construction
Of Index Numbers – Laspeyers, Passche, Fishers Ideal Index Numbers, Cost Of
Living Index Numbers.
Unit: 4
TIME SERIES : (Number
of Periods :20)
Time Series–Components -
Methods of Calculation of Trend by Method of Least Squares. .
Unit:5
COMPUTER APPLICATIONS (Number Of
Periods :20)
Text
and Mail Communication using Computers; E-Mail; Chat; Choice Mail Transfer and
Delivery; Internet; World Wide Web (Www) and use for Business and Commercial
Activities.
Reference Books
Kerns
(1993), Essentials Of Microsoft Windows, Word And Excell, Prentice Hall Of
India, New,Delhi.
Rajaraman, V. (1996), Fundamentals Of
Computers, Prentice Hall (Ind.) New Delhi.
Schied, F. (1983), Theory And Problems Of
Computers And Programming, Schaum’s Outline,Series, Mcgraw Hill, New Delhi.
Intrilligator, M.D. (1978), Econometric Models, Techniques and Applications,
Prentice Hall
I Bcom
PROGRAMME – ECONOMICS (CBCS PATTERN)
FIRST
YEAR – I SEMESTER-PAPER 1
Business
Economics-I
Periods:6,
Credits:4
Unit-I- Introduction Periods
: 20
Meaning and definitions
of business Economics-Nature and
scope of
Business Economics- Micro
and Macro economics
differences – Cardinal
Utility& Ordinal Utility.
Unit-II- Demand Analysis Periods
: 20
Meaning and definition
of demand -kinds of demand-Determinants to
Demand -- Demand
function –Law of demand- Demand Curve -Exceptions.
Unit –III- Elasticity of Demand Periods
: 20
Meaning and definition
of Price Elasticity
of demand –
types of Price
Elasticity of demand – Measurements of price elasticity of demand –
total
outlay method – Point method – Arc Method, Income elasticity of
demand and cross elasticity of demand.
Unit – IV- Cost and Revenue Analysis Periods : 10
Classification or Costs ,Type
of Costs – Fixed
Cost – Semi
Variable Cost –
Variable Cost– Cost behavior, Total average – Marginal Cost
and Cost function – Long run – Short run.
. Breakeven Analysis uses and limitations.
Unit-V
Production and Costs: Periods
: 20
Techniques of Maximization of
output, Minimization of costs and Maximization of profit - Scale of production
- Economies and Dis-economies of Scale - Costs of Production – Cobb-Douglas Production Function
Reference Books
1. Dr.S.Sankaran, Business
Economics - Margham Publications, Chennai-17.
2. Business Economics -
Kalayani Publications.
3. Business Economics –
Himalaya Publishing House.
4. Aryasri and Murthy
Business Economics , Tata Mcgraw Hill.
5. Business Economics,
Maruthi Publications
(AO ,AOC and AOP)
I Bcom
PROGRAMME – ECONOMICS (CBCS PATTERN)
I
Year B.Com (CBCS)
II Semester, Paper 2
BUSINESS
ECONOMICS- II
Unit-I:
.
Market Structure-I: Periods
: 20
Concept of Market
- Market structure
- Characteristics of Perfect competition market- price and output
determination in Perfect Competition market, equilibrium of Firm and Industry
in Short run and Long run under perfect competition market, features of
monopoly, price and output determination in monopoly market, concept of
discriminating monopoly, price and output determination in discriminating
monopoly.
Unit-II:
.
Market Structure-II: Periods
: 20
Monopolistic Competition
- Characteristics -
Product differentiation - Profit maximization - Price and output in the
short and long - run – Oligopoly - characteristics -
Price rigidity -
Kinked Demand Curve
- Distribution - Types
of Distribution - Marginal Productivity - Theory of
Distribution.
Unit-III
National Income And Economic
Systems: Periods
: 10
National Income - Definition
Measurement - GDP - Meaning Fiscal deficit - Economic systems - Socialism -
Mixed Economic System - Free Market economy- their characteristics – Advantages
and Disadvantages.
Unit-IV
Structural Reforms: Periods
: 20
Concepts of Economic liberalization, Privatization, Globalization
-WTO Objectives Agreements
- Functions.
Unit-V
Trade Cycles
- Trade cycles
- Meaning -
Phases - Benefits
of International Trade - Balance of Trade and Balance of payments.
Reference Books:
1. Aryasri and Murthy, Business Economics, Tata McGraw Hill
2. H.L Ahuja, Business Economics, Sultan Chand & Sons
3. KPM Sundaram, Micro Economics
4. Mankiw, Principles of Economics, Cengage Publications
5. Mithani, Fundamentals of Business Economics, Himalaya Publishing
House
6. DAR Subrahmanyam &V Hari Leela, A Text Book on Business
Economics, Maruthi
Publishers.
7. A.V. R. Chary, Business Economics, Kalyani Publishers, Hyderabad.