Kurukshetra University UG Economics 2023-24 Course Structure PDF

DEPARTMENT OF ECONOMICS KURUKSHETRA UNIVERSITY, KURUKSHETRA (Established by the state Legislature Act –XII of 1956) Structure, Scheme of Examination and Syllabi (Semester I, II, II...

DEPARTMENT OF ECONOMICS KURUKSHETRA UNIVERSITY, KURUKSHETRA (Established by the state Legislature Act –XII of 1956) Structure, Scheme of Examination and Syllabi (Semester I, II, III & IV ) for the Subject of ECONOMICS Choice Based Credit System (CBCS-LOCF) in accordance with NEP-2020 with Multiple Entry/Exit System w.e.f. 2023-24 (in phased manner) List of Courses Offered in Subject of Economics for UG Programmes – Multidisciplinary (Scheme A), Major in Economics & Minor in Other Subject (Scheme B) and Single Major in Economics (Scheme C) Sem Course Type Course Code Name of Course Credits Contact Internal End Total Duration Hours Assessment Term Marks of Exam per Marks Exam (Hrs.) Week Marks I CC-1 B23-ECO-101 MICRO ECONOMICS-I 4 4 30 70 100 3 MCC-1 I MCC-2 B23-ECO-102 BASIC PUBLIC FINANCE 4 4 30 70 100 3 I CC-M1 B23-ECO-103 INTRODUCTORY ECONOMICS 2 2 15 35 50 3 I MDC-1 B23-ECO-104 BASICS OF ECONOMICS 3 3 25 50 75 3 II CC-2 MCC- B23-ECO-201 MACRO ECONOMICS-I 4 4 30 70 100 3 3 II CC-M2 B23-ECO-202 INTRODUCTION TO INDIAN 2 2 15 35 50 3 ECONOMY II DSEC-1 B23-ECO-203 ECONOMIC SURVEY TECHNIQUES 4 5 30 70 100 3 II MDC-2 B23-ECO-204 INDIAN ECONOMIC ENVIRONMENT 3 3 25 50 75 3 III CC-3 MCC- B23-ECO-301 MICRO ECONOMICS-II 4 4 30 70 100 3 4 III MCC-5 B23-ECO-302 BASIC STATS FOR ECONOMICS 4 4 30 70 100 3 III MDC-3 B23-ECO-303 CURRENT ISSUES IN GLOBAL 3 3 25 50 75 3 ECONOMY IV CC-4 MCC- B23-ECO-401 MACRO ECONOMICS-II 4 4 30 70 100 3 6 IV MCC-7 B23-ECO-402 STATISTICAL TOOLS FOR 4 4 30 70 100 3 ECONOMICS IV MCC-8 B23-ECO-403 INDIAN FINANCIAL SYSTEM 4 4 30 70 100 3 IV DSE-1 or B23-ECO-404 INDUSTRIAL ECONOMICS 4 4 30 70 100 3 IV DSE-1 B23-ECO-405 MONEY & BANKING 4 4 30 70 100 3 Sem Course Type Course Code Name of Course Credits Contact Internal End Total Duration Hours Assessment Term Marks of Exam per Marks Exam (Hrs.) Week Marks V CC-5 B23-ECO-501 ECONOMICS OF GROWTH & 4 4 30 70 100 3 MCC-9 DEVELOPMENT V MCC-10 B23-ECO-502 DEMOGRAPHY 4 4 30 70 100 3 V DSE-2 or B23-ECO-503 ECONOMICS OF INFRASTRUCTURE 4 4 30 70 100 3 V DSE-2 B23-ECO-504 ECONOMICS OF AGRICULTURE 4 4 30 70 100 3 V DSE-3 or B23-ECO-505 FINANCIAL ECONOMICS 4 4 30 70 100 3 V DSE-3 B23-ECO-506 HARYANA ECONOMY 4 4 30 70 100 3 VI CC-6 B23-ECO-601 INDIAN ECONOMY 4 4 30 70 100 3 MCC-11 VI MCC-12 B23-ECO-602 ECONOMICS OF LABOUR 4 4 30 70 100 3 VI DSE-4 or B23-ECO-603 COMPUTER APPLICATIONS IN 4 5 30 70 100 3 ECONOMICS VI DSE-4 B23-ECO-604 ECONOMICS OF INSURANCE 4 4 30 70 100 3 VI DSE-5 or B23-ECO-605 GENDER ECONOMICS 4 4 30 70 100 3 VI DSE-5 B23-ECO-606 WELFARE ECONOMICS 4 4 30 70 100 3 VII CC-H1 B23-ECO-701 MATHEMATICS FOR ECONOMICS 4 4 30 70 100 3 VII CC-H2 B23-ECO-702 INTERNATIONAL ECONOMICS 4 4 30 70 100 3 VII CC-H3 B23-ECO-703 PUBLIC ECONOMICS 4 4 30 70 100 3 VII DSE-6 or B23-ECO-704 ECONOMETRICS 4 4 30 70 100 3 VII DSE-6 B23-ECO-705 GROWTH MODELS IN ECONOMICS 4 4 30 70 100 3 VII PC-H1 B23-ECO-706 ECONOMIC DATA ANALYSIS 4 8 30 70 100 3 VIII CC-H4 B23-ECO-801 MATHEMATICAL ECONOMICS 4 4 30 70 100 3 VIII CC-H5 B23-ECO-802 ENVIRONMENTAL ECONOMICS 4 4 30 70 100 3 VIII CC-H6 B23-ECO-803 SCHOOLS OF ECONOMIC THOUGHT 4 4 30 70 100 3 VIII DSE-7 or B23-ECO-804 ECONOMICS OF HEALTH 4 4 30 70 100 3 VIII DSE-7 B23-ECO-805 ECONOMICS OF EDUCATION 4 4 30 70 100 3 VIII PC-H2 B23-ECO-806 APPLICATION SOFTWARE FOR 4 8 30 70 100 3 ECONOMICS  SCHEME/S AND SYLLABI FOR IN ECONOMICS AS PER NEP-2020 (MULTIPLE ENTRY- MULTIPLE EXIT-WITH (CBCS-LOCF) UG Programme (Multidisciplinary): Scheme A FirstYear:Scheme A Semes Subject-1 Subject-2 Subje Minor Multidisciplinary Courses Ability Enhancement Skill Enhancement Value Added Total Exit Option ter Core Core ct- /Vocational Courses Courses Course Credit Courses Courses 3Core s Cours es I CC-A1 CC-B1 CC- CC-M1 MDC-1 AEC-1 SEC-1 VAC-1 24 Under Graduate (4 credit) (4 credit) C1 2 credit 3 credit 2 credit 3 credit 2 credit Certificate in (4 Discipline with 52 B23-ECO- credit) B23-ECO-103 B23-ECO-104 BASICS OF credits 101 INTRODUCT ECONOMICS MICRO ORY ECONOMI ECONOMICS CS-I II CC-A2 CC-B2 CC- CC-M2 MDC-2 AEC-2 SEC-2 VAC-2 24 (4 credit) (4 credit) C2 2 credit 3 credit 2 credit 3 credit 2 credit (4 B23-ECO- credit) B23-ECO-202 B23-ECO-204 INDIAN DSEC-1 201 INTRODUCT ECONOMIC B23-ECO-203 MACRO ION TO ENVIRONMENT ECONOMIC SURVEY ECONOMI INDIAN TECHNIQUES CS-I ECONOMY Internship of 4 credits of 4-6 weeks duration after 2nd semester Note: 1. Credits(C), Core Courses(CC); Discipline Specific Elective Courses(DSE); Discipline Skill Enhancement Courses (DSEC); Skill Enhancement Courses (SEC); Ability Enhancement Courses (AEC); Practicum Courses (PC); Value Added Courses (VAC); Multidisciplinary Courses (MDC) 2. If a student has been admitted to UG Programme(Multidisciplinary),then that student will select three subjects A, B and C in the first year out of the pool of subjects in that discipline offered by the Department/Institute/College. 3. For second year, a student will opt out of following options at the beginning of 3rd semester: a) Multi-disciplinary 3Year UG Programme with 3subjects (Scheme A) b) UG Programme with one Major and Minor subject (Scheme B)  2nd Year- Scheme A Seme Subject-1 Subject-2 Subject-3 Core Minor Multi Disciplinary Ability Skill Enhancement ValueAdded Total Exit Option ster Core Core Courses Courses /Vocational Courses Enhancement Courses Courses Credits Courses III CC-A3 CC-B3 CC-C3 CC-M3 MDC-3 AEC-3 SEC-3 -- 24 Under Graduate (4 credit) (4 credit) (4 credit) (4 credit) 3 credit 2 credit 3 credit Diploma in Discipline with 96 B23-ECO- B23-ECO- B23-ECO-303 credits 301 MICRO 301 MICRO CURRENT ISSUES ECONOMI ECONOMIC IN GLOBAL CS-II S-II ECONOMY IV CC-A4 CC-B4 CC-C4 CC-M4(V) -- AEC-4 -- VAC-3 20 (4 credit) (4 credit) (4 credit) (4 credit) 2 credit 2 credit B23-ECO- 401 MACRO ECONOMI CS-II Internship of 4 credits of 4-6 weeks duration after 4th semester 3rd Year- Scheme A V CC-A5 CC- CC-C5 CC-M5(V) -- Internship#(4 -- 20 Bachelor in (4 credit) B5 (4 credit) (4 credit) credit)s Discipline with 132 (4 credits B23-ECO- credit) 501 ECONOMIC S OF GROWTH & DEVELOPM ENT  VI CC-A6 CC- CC-C6 CC-M6 -- -- -- 20 (4 credit) B6 (4 credit) (4 credit) (4 B23-ECO- B23-ECO- credit) 602 601 INDIAN ECONOMIC ECONOMY S OF LABOUR CC-M7(V) (4 credit) Credits Major=72 Minor= MDC= 09 SEC= 09 AEC= 08 VAC=06 Internship=04 Total= 132 24 NOTE: FOR SCHEME ‘A’ AND SCHEME ‘B’, FIRST YEAR COURSE STRUCTURE IS COMMON. Scheme B : Bachelor with Major in ECONOMICS and Minor in “OTHER” Subject nd 2 Year Scheme B :Bachelor with Major in (ECONOMICS) and Minor in OTHER Subject Semester Major Subject Minor Multidisciplinary Courses Ability Skill Value Total ExitOption /Vocational Enhancement Enhancement Added Credits Courses Courses Courses III MCC-A3(4 credit) CC-M3(V) MDC-3 AEC-3 SEC-3 -- 24 Under Graduate MCC-2 (4 credit) 3 credit 2 credit 3 credit Diploma in Subject B23-ECO-102 BASIC PUBLIC B23-ECO-303 CURRENT with100 credits FINANCE ISSUES IN GLOBAL ECONOMY MCC-A4(4 credit) MCC-4 B23-ECO-301 MICRO ECONOMICS-II MCC-A5(4 credit) MCC-5 B23-ECO-304 BASIC STATS FOR ECONOMICS IV MCC-A6(4 credit) CC-M4(V) -- AEC-4 -- VAC-3 24 B23-ECO-401 MACRO (4 credit) 2 credit 2 credit ECONOMICS-II  MCC-A7(4 credit) B23-ECO-402 STATISTICAL TOOLS FOR ECONOMICS MCC-A8(4 credit) B23-ECO-403 INDIAN FINANCIAL SYSTEM DSE-A1(4 credit) B23-ECO-404 INDUSTRIAL ECONOMICS OR B23-ECO-405 MONEY & BANKING Internship of 4 credits of 4-6weeks duration after 4th semester 3rd Year Scheme B :Bachelor with Major in (ECONOMICS) and Minor in OTHER Subject V MCC-A9 (4 credit) -- -- Internship#(4 -- 20 Bachelor with Major in B23-ECO-501 ECONOMICS OF GROWTH & credit)s (Subject) and Minor DEVELOPMENT in (Subject) after earning 136 Credits MCC-A10 (4 credit) B23-ECO-502 DEMOGRAPHY DSE-A2 (4 credit) B23-ECO-503 ECONOMICS OF INFRASTRUCTURE OR B23-ECO-504 ECONOMICS OF AGRICULTURE DSE-A3(4 credit) B23-ECO-505 FINANCIAL ECONOMICS OR B23-ECO-506 HARYANA ECONOMY  VI MCC-A11(4 credit) CC-M5(V) -- -- -- -- 20 B23-ECO-601 INDIAN ECONOMY (4 credit) MCC-A12(4 credit) B23-ECO-602 ECONOMICS OF LABOUR DSE-A4(4 credit) B23-ECO-603 COMPUTER APPLICATIONS IN ECONOMICS OR B23-ECO-604 ECONOMICS OF INSURANCE DSE-A5(4 credit) B23-ECO-605 GENDER ECONOMICS OR B23-ECO-606 WELFARE ECONOMICS Credit Major = 68 Minor = 32 MDC = 09 SEC = 09 AEC = 08 VAC = 06 Internship = 04 Total = 136 s #Four credits of internship, earned by a student during summer internship after 2nd semester or 4th semester, will be taken into account in 5th semester of a student who pursue 3year UG Programmes without taking exit option.  SCHEME ‘C’ : UG Programme with Single Major (ECONOMICS) (A student will take admission in UG Programme with Single Major (Economics) in the first year) I Year Scheme C:Bachelor with Major in (Economics) and Minor in Same Subject (Economics) Semester Major Subject Minor /Vocational Multidisciplinary Ability Skill Value Total Exit Option Courses Enhancement Enhancement Added Credits Courses Courses Courses I MCC-A1(4 credit) B23- CC-M1 MDC-1 AEC-1 SEC-1 VAC-1 22 Under Graduate ECO-101 MICRO (4 credit) 3 credit 2 credit 3 credit 2credit Certificate in ECONOMICS-I Subjects with 48 B23-ECO-103 B23-ECO-104 BASIC credits MCC-A2(4 credit) B23- INTRODUCTORY ECONOMICS ECO-102 BASIC ECONOMICS PUBLIC FINANCE II MCC-A3(4 credit) B23- CC-M2 MDC-2 AEC-2 SEC-2 VAC-2 22 ECO-201 MACRO (4 credit) 3 credit 2 credit 3 credit 2 credit ECONOMICS-I B23-ECO-202 B23-ECO-204 INDIAN DSEC-A1(4 credit) B23- INTRODUCTION TO ECONOMIC ECO-203 ECONOMIC INDIAN ECONOMY ENVIRONMENT SURVEY TECHNIQUES Internship of (4 credit)s of 4-6 weeks duration after 2nd semester 2nd Year Scheme C:UG Programme with Single Major (Economics) III MCC-A4 (4 credit) CC-M3 MDC-3 AEC-3 SEC-3 VAC-3 22 Under Graduate Diploma in Subjects B23-ECO-301 (4 credit) 3 credit 2 credit 3 credit 2 credit with 94 credits MICRO ECONOMICS-II B23-ECO-303 CURRENT MCC-A5 (4 credit) ISSUES IN MCC-5 GLOBAL B23-ECO-304 BASIC ECONOMY STATS FOR ECONOMICS  IV MCC-A6 (4 credit) CC-M4(V) -- AEC-4 -- VAC-4 24 B23-ECO-401 (4 credit) 2 credit 2 credit MACRO ECONOMICS-II MCC-A7 (4 credit) B23-ECO-402 STATISTICAL TOOLS FOR ECONOMICS MCC-A8(4 credit) B23-ECO-403 INDIAN FINANCIAL SYSTEM DSE-A1 (4 credit) B23-ECO-404 INDUSTRIAL ECONOMICS OR B23-ECO-405 MONEY & BANKING Internship of (4 credit)s of 4-6 weeks duration after 4th semester 3rd Year Scheme C:UG Programme with Single Major(Economics) Semest Major Subject Minor MultiDisciplinary Ability Enhancement Skill Value Total Exit Option er /Vocational Courses Courses Enhanceme Added Credits nt Courses Courses V MCC-A9(4 credit) CC-M5(V) -- Internship#( -- 24 Bachelor with Major in B23-ECO-501 (4 credit) 4 credit)s (Economics) and Minor in ECONOMICS OF (Economics) after earning 136 GROWTH & credits DEVELOPMENT  MCC-A10 (4 credit) B23-ECO-502 DEMOGRAPHY (4 credit) B23-ECO-502 DEMOGRAPHY DSE-A2(4 credit) B23-ECO-503 ECONOMICS OF INFRASTRUCTU RE OR B23-ECO-504 ECONOMICS OF AFRICULTURE DSE-A3(4 credit) B23-ECO-505 FINANCIAL ECONOMICS OR B23-ECO-506 HARYANA ECONOMY VI MCC-A11 (4 CC-M6(V) -- -- SEC-4 -- 22 credit) B23-ECO- (4 credit) 2 credit 601 INDIAN ECONOMY MCC-A12 (4 credit) B23-ECO- 602 ECONOMICS OF LABOUR DSE-A4(4 credit) B23-ECO-603 COMPUTER APPLICATIONS IN ECONOMICS  OR B23-ECO-604 ECONOMICS OF INSURANCE DSE-A5(4 credit) B23-ECO-605 GENDER ECONOMICS OR B23-ECO-606 WELFARE ECONOMICS Credits Major = 72 Minor MDC = 09 SEC = 11 AEC = 08 VAC=08 Internship Total = 136 = 24 = 04 #Four credits of internship, earned by a student during summer internship after 2 semester or 4 semester, will be taken into account in 5th semester of nd th a student who pursue 3year UG Programmes without taking exit option. Notes: 1. Subjects, DSE, DSEC, SEC, AEC, MDC and VAC courses will be offered by the Department/ College/ Institute depending upon its available faculty, infrastructure and time table. 2. A student will opt for Multidisciplinary Course from the subject which is different from the discipline of major and minor subjects. Students are not allowed to choose or repeat courses already undergone at the higher secondary level (12th class) or opted as major and minor stream under this category. Provided further that if a Multidisciplinary Course across the discipline cannot be offered by the Department/Institute/College, due to its constraints and available resources, then i. MDC can be opted out of MOOCs through SWAYAM ii. MDC can be completed out of online courses offered by the Kurukshetra University iii. MDC can be completed from a cluster college, i.e., from a neighboring college/institute 3. A student will opt for AEC, SEC, VAC and Minor(Vocational) courses from the respective pools of courses offered by the Department/College/Institute duly approved by the University. A Department/Institute/College can add more courses in the pools of AEC, SEC, VAC and Vocational courses with prior approval of the university. 4. For first and second semester of UG programme (Multidisciplinary) (Scheme A and B), a student can choose a Minor Course of 2 credit from the pool of minor subjects in that semester offered by the Department/Institute/College. 5. For first and second semester of UG programme with Single Major (Scheme C), a student can choose a Minor Course of (4 credit), say Subject E, out of available Core Courses of that subject E offered in that semester. 6. From 3rd semester onwards of all three schemes, a student can choose a Minor Course, say Subject E, out of available Core Courses of that subject E offered in that semester. 7. In the subjects/courses which involve practicum, i.e. Practical/ Laboratory/ Studio/ Project/ Survey/Field work, etc., a course of 4 credits will dedicate 3 credits for lectures and one credit for practicum and in other subjects/courses, a course of 4 credits will dedicate 3 credits for lectures and 1 credit for tutorial. During 4th year, when the practicum course is offered as a separate course in that subject, then a course of 4 credits will dedicate 3 credits for lectures and 1 credit for tutorial. However, for any DSE course, a course of 4 credits will dedicate 3 credits for lectures and one credit for tutorial. 8. In case of AEC of 2 credits, the entire 2 credits will be dedicated for lectures. 9. In the SEC courses of 3 credits, 2 credits will be dedicated for lectures and 1 credit for practicum, In the SEC courses of 2 credits, 1 credits will be dedicated for lecture and 1 credit for practicum and in the DSEC courses of 4 credits, 3 credits will be dedicated for lectures and 1 credit for practicum. 10. If a student takes exit after the second semester, then Undergraduate Certificate in Discipline/subject will be awarded after earning 52/48 credits including 4 credits for the internship of 4-6 weeks during the summer vacation. The nomenclature of the Discipline will depend upon the subjects opted during the programme. For example, if a student has studied two subjects Physics and Chemistry or Physics and Mathematics or Chemistry and Zoology, the Undergraduate Certificate in Physical Science and Life Science respectively will be awarded. Similarly, if a student has studied two subjects Economics and Sociology or Economics and Mathematics or Political Science and Hindi, the Undergraduate Certificate in Arts will be awarded. 11. If a student takes exit after the 4th semester, then Undergraduate Diploma in Discipline will be awarded after earning 96 credits including 4 credits for the internship of 4-6 weeks during the summer vacation. In case, a student takes exit after 2nd year of UG Programme with Single Major, then Undergraduate Diploma in Major Subject will be awarded after 100 credits (scheme B) and 94 credits ( scheme C) including 4 credits for the internship of 4-6 weeks during the summer vacation.  NOTE: 4TH YEAR IS SAME FOR SCHEME A, B, AND C Fourth Year Semester Major Subject Minor Subject Core Courses Discipline Specific Practicum Courses Core Total Degree to be Courses Courses credits awarded VII CC-H1 B23-ECO-701 MATHEMATICS FOR DSE-6 H1 PC-H1 CC-HM1 24 Bachelor Level-8 ECONOMICS (4 credit) (4 credit) (4 credit) (Honours) B23-ECO-704 In Major Subject CC-H2 B23-ECO-702 INTERNATIONAL ECONOMETRICS B23-ECO-706 ECONOMIC with 184 Credits ECONOMICS OR DATA ANALYSIS B23-ECO-705 GROWTH MODELS IN ECONOMICS CC-H3 B23-ECO-703 PUBLIC ECONOMICS 4+4+4 Credits VIII CC-H4 B23-ECO-801MATHEMATICAL DSE-7 H2 (4 credit) PC-H2 CC-HM2 24 Level-8 ECONOMICS B23-ECO-804 (4 credit) (4 credit) ECONOMICS OF CC-H5 B23-ECO-802 ENVIRONMENTAL HEALTH B23-ECO-806 ECONOMICS APPLICATION SOFTWARE OR FOR ECONOMICS B23-ECO-805 ECONOMICS OF EDUCATION CC-H6 B23-ECO-803 SCHOOLS OF ECONOMIC THOUGHT 4+4+4 Credits OR VII CC-H1 B23-ECO-701 MATHEMATICS FOR DSE-H1 PC-H1 CC-HM1 24 Bachelor Level-8 ECONOMICS (4 credit) (4 credit) (4 credit) (Honours B23-ECO-704 CC-H2 B23-ECO-702 INTERNATIONAL ECONOMETRICS B23-ECO-706 ECONOMIC ECONOMICS OR DATA ANALYSIS  B23-ECO-705 GROWTH MODELS IN ECONOMICS CC-H3 B23-ECO-703 PUBLIC ECONOMICS With 4+4+4 Research) Credits In Major Subject with 184 VIII CC-H4 B23-ECO-801MATHEMATICAL Project /Dissertation12 credits CC-HM2 24 credits Level-8 ECONOMICS -- (4 credit) CC-H5 B23-ECO-802 ENVIRONMENTAL ECONOMICS 4+4 credits Notes: 1. 4-year UG (Honours) or (Honours with Research) in Major Subject will be offered after completion of 3 year UG programme with one major and one minor subject to those students who have completed at least 60 credits in the concerned major subject. In addition to the above, 4- year UG (Honours with Research) in Major Subject will be offered only to those students who have obtained CGPA 7.5 or more in the 3 year UG programme. 2. Core course in Honours subject (CCH): Discipline specific elective course in Honours (DSE-H); Practicum Course in Honours subject (PC- H); Core Course in Minor Subject (CC-HM) of Honours Program. 3. Bachelor degree (Honours) or (Honours with Research) will be awarded in the Major subject after successful completion of the four year programme securing 184 credits and satisfying the minimum credit requirement as given in the Credit Table. 4. Student opting for Honours with Research will work on a Research Project or do research during the eighth semester. The dissertation work will be of 12 credits. 8 credits will be earmarked for the evaluation report of the dissertation and viva-voce examination will carry weightage of 4 credits. 5. The evaluation of the Dissertation and the conduct of viva-voce examination will be done by an external examiner. 6. The practicum course may be replaced by a theory course wherever not applicable.  DETAILED SYLLABI FOR UG ECONOMICS COURSES FOR SEMESTER I, II, III & IV ONLY CC-1 MCC-1 Session 2023-2024 Part-A Introduction Subject Economics Semester I Name of the Course Micro Economics-I Course Code B23-ECO-101 Course Type: CC, MCC (CC/MCC/MDC/ CCM/ DSEC/VOC/DSE/PC/AEC/ VAC Level of the course (As per 100-199 Annexure-I) Pre-requisite for the course (if N.A. any) Course Learning Outcomes After completing this course, the learner will be able to: (CLO) 1. Understand the nature and scope of Economics, including the meaning of Economics, its methods, and why it is studied. 2. Analyze the role of an Economist, including the ability to think like an Economist, the Economist as a Scientist, and as a Policy Adviser. 3. Evaluate the different types of economic activities and systems, including the organization of economic activities and the evolution of present economic systems. 4. Apply the concepts of demand and supply, elasticity, consumer equilibrium, production analysis, and cost and revenue analysis to real-world economic situations. 5*. Credits Theory Tutorial Total 03 1 04 Contact Hours 03 1 04 Max. Marks: 100 Time: 3 Hrs Internal Assessment Marks: 30 End Term Exam Marks: 70 Part-B Contents of the Course Instructions for Paper Setters 1. Nine Questions will be set in all and students will be required to attempt 5 questions. 2. Question No. 1 will be compulsory and will consist of 7 short answer type questions of 2 marks spread over the entire syllabus (2*7=14 marks). 3. For the remaining four questions, students will attempt 1 out of 2 questions from each of the four units (14 marks each). Unit Topics Contact Hours I Nature and Scope of Economics: Meaning of Economics; Nature of Economics; Scope of Economics; Methods of Economics; Why Study Economics? Role of an Economist: 12 Thinking Like an Economist; The Economist as Scientist; The Economist as Policy Adviser; Economic Policy Economic Activities and Systems:  Types of Economic Activities; Organisation of Economic Activities; Evolution of the Present Economic Systems II Firms and Household: Meaning of Firms and Household; Relationship Between Firms and Household; Input Markets; Output Markets; Circular Flow of Economic Activities (Two – Sector) Demand and Supply: Individual Demand; Market Demand; Law of Demand; Types of Goods (Normal, 12 Inferior and Giffen); Demand Determinants; Supply and its Determinants; Law of Supply; Market Equilibrium III Elasticity and its Measurement: Types of Elasticity of Demand and Supply; Price, Income and Cross Elasticity; Measurement of Elasticity of Demand; Determinants of Elasticity of Demand Consumer Equilibrium: Cardinal Utility Analysis (Law of 12 Diminishing Marginal Utility, Law of Equi- Marginal Utility); Ordinal Utility Analysis (Indifference Curve, Properties of Indifference Curve, Budget Line, Equilibrium of Consumer); Consumer Surplus (Marshall & Hicks) IV Production Analysis: Production Function-Short Run and Long Run; Total Product; Marginal Product; Average Product; Law of Returns to Factor (Law of Variable Proportions); Law of Returns to Scale(Increasing, Decreasing and Constant) Cost and Revenue Analysis: 12 Fixed and Variable Costs, Opportunity Cost, Implicit and Explicit Costs, Real and Monetary Costs; Traditional short run and long run cost curves and their interrelation; TR, MR, AR and their relationships V* Suggested Evaluation Methods Internal Assessment: 30 End Term  Theory (All these activities will be covered under Tutorials. Examination:70 Approximate contact Hours =12) Theory Class Participation :5 Seminar/Presentation/Assignment/Quiz/Class Test etc. :10 Mid Term Exam :15  Practicum Class Participation Seminar/Demonstration/Viva Voce/Lab Records etc. Mid Term Exam: Part-C Learning Resources Recommended Books/E-Resources/LMS:  Ahuja, H.L(2012), Ucchatar Arthik Siddhant, S.Chand & Company, New Delhi.  Dwivedi, D.N(2011), Microeconomics – Theory & Applications, Pearson.  Koutsoyiannis ,A.(1979), Modern Microeconomics,(2nd Edition), Macmillan Press, London.  Mankiw, N.G. (2012), Principles of Microeconomics, (6th Edition), South-Western Cengage Learning.  Salvatore D. (2006), Microeconomics-Theory and Applications, Oxford University Press.  Varian,H. (2003),Intermediate Microeconomics, East-West Press.  Browing Edger K., Browing Jacquelene, M.: Microeconomic Theory and Applications, 2nd Ed. 1986, Kalyani * Applicable for courses having practical component.  MCC-2 Session 2023-2024 Part-A Introduction Subject Economics Semester I Name of the Course Basic Public Finance Course Code B23-ECO-102 Course Type: (CC/MCC/MDC/ MCC CCM/ DSEC/VOC/DSE/PC/AEC/ VAC Level of the course (As per 100-199 Annexure-I) Pre-requisite for the course (if N.A. any) Course Learning Outcomes After completing this course, the learner will be able to: (CLO) 1. To know the scope and breadth of Public Finance along with understanding the core principles of public sector economics so that they are able to apply the understanding of these concepts to comprehend real world problems along with the ability to think critically and analyze economic problems. 2. To understand the core principles of taxation so that they are able to apply the understanding of these concepts to comprehend real world problems along with the ability to think critically and analyze economic problems. 3. To understand the nature and structure of public expenditure and public debt so that they can analyze the welfare impacts of public expenditure and debt policy.. 4. To exhibit the ability to learn and apply relevant principles of public finance for analysis of public policy on the federal nature of India. Simultaneously Understanding the implications and ethical as well as value part of it. 5*. Credits Theory Tutorial Total 03 1 04 Contact Hours 03 1 04 Max. Marks: 100 Time: 3 Hrs Internal Assessment Marks: 30 End Term Exam Marks: 70 Part-B Contents of the Course Instructions for Paper Setters 1. Nine Questions will be set in all and students will be required to attempt 5 questions. 2. Question No. 1 will be compulsory and will consist of 7 short answer type questions of 2 marks spread over the entire syllabus (2*7=14 marks). 3. For the remaining four questions, students will attempt 1 out of 2 questions from each of the four units (14 marks each). Unit Topics Contact Hours I Introduction to public finance: Nature and Scope of Public Finance; Law of 15 Maximum Social Advantage; Concept and features of Public Goods, Private Goods, Merit Goods; Public Expenditure -Meaning, Importance, Canons and Effects; Components of Public Expenditure in India. II Taxation: Classification and Importance of Taxes; Features 15 of Good Tax System; Concept of Impact, Incidence and Shifting of Taxation; Taxes of Centre and State Governments; Salient features of Indian Tax System; Goods and Services Tax (overview only). III Public debt: 15 Meaning, Types and Effects of Public Debt; Burden of Public Debt; Principles of Public Debt Management; Classification, Growth, and Characteristics of Indian Public Debt; Concepts of Revenue Deficit, Fiscal Deficit, Monetized Deficit, Primary Deficit; Deficit Financing in India. IV Budget and Fiscal Federalism: 15 Types and Structure of Public Budget; Budget of The Government of India (Latest Financial Year); Fiscal Federalism: Principles of efficient division of financial resources between Central and States, Issues in centre-state financial relations, Latest Finance Commission Recommendations. V* Suggested Evaluation Methods Internal Assessment: 30 End Term  Theory ( All these activities will be covered under Tutorials. Examination:70 Approximate contact Hours =15) Theory Class Participation :5 Seminar/Presentation/Assignment/Quiz/Class Test etc. :10 Mid Term Exam :15  Practicum Class Participation Seminar/Demonstration/Viva Voce/Lab Records etc. Mid Term Exam: Part-C Learning Resources Recommended Books/E-Resources/LMS: Harvey Rosen, (2005), Public Finance, Seventh Edition, McGraw Hill Publications. Joseph E. Stiglitz – Public Sector Economics Musgrave R.A. and Musgrave P.A. – Public Finance in Theory and Practice Bhatia H.L. – Public Finance Tyagi B.P. – Public Finance Bhargava R.N. Theory and Working of Union Finance in India Hugh Dalton – Principles of Public Finance Indapurakar Kavita, Sidana Neeru, Jaspal Singh - Money, Banking & Public Finance 2023, Kalyani * Applicable for courses having practical component.  CCM, CC-M1 Session 2023-2024 Part-A Introduction Subject Economics Semester I Name of the Course Introductory Economics Course Code B23-ECO-103 Course Type: (CC/MCC/MDC/ CCM CCM/ DSEC/VOC/DSE/PC/AEC/ VAC Level of the course (As per 100-199 Annexure-I) Pre-requisite for the course (if N.A. any) Course Learning Outcomes After completing this course, the learner will be able to: (CLO) 1. Know the scope and methods of Economics along with understanding the economic problem of scarcity & choice and the core principles of demand and supply. 2. They are able to apply the understanding of these concepts to Comprehend real world problems along with the ability to think critically and analyze economic problems in different types of economic systems and various types of market structures. 3. To understand the concept of national income and various methods of its measurement, aggregate demand & aggregate supply and their relevance. Understanding the different methods to calculate GDP. 4.To understand how governments and central banks use fiscal policy (taxes, spending) and monetary policy (interest rates, money supply) to manage the economy, stabilize it & equilibrium of goods-money market. 5*. Credits Theory Tutorial Total 02 - 02 Contact Hours 02 - 02 Max. Marks: 50 Time: 2 Hrs Internal Assessment Marks: 15 End Term Exam Marks: 35 Part-B Contents of the Course Instructions for Paper Setters 1. Nine Questions will be set in all and students will be required to attempt 5 questions. 2. Question No. 1 will be compulsory and will consist of 7 short answer type questions of 1 marks each spread over the entire syllabus (1×7=7 marks). 3. For the remaining four questions, students will attempt 1 out of 2 questions from each of the FOUR units (7 marks each). Unit Topics Contact Hours I Basic Economics: Scope and Methods of 8 economics, The Economic Problem: Scarcity and Choice, Economic systems and their characteristics, Basic economic questions: what, how, and for whom to Produce. II Micro Economics: Law of Demand; Law of 7 Supply; Elasticity and Its Applications; Concept of Costs and Revenue III Macro Economics: Meaning, difference between 8 micro and macro, meaning of four major sectors of macro economics. Concepts of GDP, GNP and National income, Nominal and Real GDP, Limitations of the GDP concept, Circular Flow of Income in two, three, and four-sector economy IV Government Policies: Monetary policy 7 (meaning, objective, its instruments) fiscal policy (meaning, objective and its instruments): V* Suggested Evaluation Methods Internal Assessment: 15 End Term  Theory Examination:35 Class Participation :4 Theory Seminar/Presentation/Assignment/Quiz/Class Test etc. :4 Mid Term Exam :7  Practicum Class Participation Seminar/Demonstration/Viva Voce/Lab Records etc. Mid Term Exam: Part-C Learning Resources Recommended Books/E-Resources/LMS: Koutsoyiannis, A. (1979). Modern Microeconomics (2nd Edition).Macmillan Press, London. Mankiw, N.G. (2021, 7e). Principles of Microeconomics. Cengage Learning India Private Limited, Mayur Vihar Phase 1, Delhi. Pyndick, R.S., Rubinfeld, D.L., MehtaP.L. (2017, 7e). Micro Economics. Pearson India Education Services Pvt. Ltd, Noida UP, India. Salvatore, D.(2009). Microeconomics-Theory and Applications. Oxford University Press. Dornbusch, R., Fischer, S., Startz, R. (2018). Macroeconomics. MaGraw Hill Education (India) Private Limited, Chennai, India. Puri, V.K., Mishra, S.K. (2021, 39e). Indian Economy. Himalaya Publishing HousePvt. Ltd., Girgaon, Mumbai, India. Salvatore, D. (2008, 8e). International Economics. Wiley India (P.) Ltd., Daryaganj, New Delhi, India. Lekhi R.K., Principles of Economics, 2011, Kalyani * Applicable for courses having practical component.  MDC-1 Session 2023-2024 Part-A Introduction Subject Economics Semester I Name of the Course Basics of Economics Course Code B23-ECO-104 Course Type: (CC/MCC/MDC/ MDC CCM/ DSEC/VOC/DSE/PC/AEC/ VAC Level of the course (As per 100-199 Annexure-I) Pre-requisite for the course (if N.A. any) Course Learning Outcomes After completing this course, the learner will be able to: (CLO) 1 Have knowledge about basic concepts of Economics. 2. Have Knowledge of basic concepts of Micro Economics: nature and scope of Micro Economics and understanding the key components of Micro Economics for developing economic theories. 3. Have Knowledge of basic concepts of Macro Economics, understanding the various concepts of National Income and developing the ability to construct some basic Macroeconomic Model for analysis of Economic Theories. 4. Have Understanding the basis for trade between two economies, Measure the benefits accrued from International Trade and knowledge of different measures of Economic Development. 5*. Credits Theory Tutorial Total 02 1 03 Contact Hours 02 1 03 Max. Marks: 75 Time: 3 Hrs Internal Assessment Marks: 25 End Term Exam Marks: 50 Part-B Contents of the Course Instructions for Paper Setters 1. Nine Questions will be set in all and students will be required to attempt 5 questions. 2. Question No. 1 will be compulsory and will consist of 10 short answer type questions of 1 mark, spread over the entire syllabus (1*10=10 marks). 3. For the remaining four questions, students will attempt 1 out of 2 questions from each of the four units (10 marks each). Unit Topics Contact Hours I Nature and scope of Economics, Definitions of Economics, Important concepts of Economics, Scarcity and choice, The basic issues of what to produce, how to produce and for whom to produce, Problem of distribution of output, Branches of 11 Economics. II Concept of demand, law of demand, determinants of 12 demand, Law of supply, and determinants of supply, market equilibrium and price mechanism. Meaning of elasticity of demand. Different types of Market Structure: Perfect competition and its Characteristics, Monopoly and its characteristics, Monopolistic competition and oligopoly. III Nature and Scope of macroeconomics, Difference between Micro and Macro economics, Macroeconomic Concerns, The role of Government in the Macro Economy, Introduction to National Income: Concepts of GDP, GNP and National income, 11 Nominal and Real GDP, Limitations of the GDP concept, Circular Flow of Income in two, three, and four-sector economy, Inflation: Meaning and types. IV Importance of the study of International Economics; Inter-regional and international trade; Theories of absolute advantage and Comparative Advantage. Measurement of development and development gap: 11 GDP, Per capita income, Gini coefficient and Human Development Index (HDI). V* Suggested Evaluation Methods Internal Assessment: 25 End Term  Theory Examination:50 Class Participation :5 Theory Seminar/Presentation/Assignment/Quiz/Class Test etc. :7 Mid Term Exam :13  Practicum Class Participation Seminar/Demonstration/Viva Voce/Lab Records etc. Mid Term Exam: Part-C Learning Resources Recommended Books/E-Resources/LMS: Varian H. “Microeconomic Analysis”, W.W Norton New York (Latest Edition). Koutsoyiannis, A. “Modern Microeconomics”, Macmillan Press, London (Latest Edition) Dornbusch, Fischer and Startz, Macroeconomics, McGraw Hill, 11th edition, 2010. N. Gregory Mankiw. Macroeconomics, Worth Publishers, 7th edition, 2010. Olivier Blanchard, Macroeconomics, Pearson Education, Inc., 5th edition, 2009. Salvatore Dominick. International Economics, Wiley India. Sodersten Bo and Reed J. International Economics, McMillan Publisher Lekhi R.K., Principles of Economics, 2011, Kalyani * Applicable for courses having practical component.  CC-2 MCC-3 Session 2023-2024 Part-A Introduction Subject Economics Semester II Name of the Course Macro Economics-I Course Code B23-ECO-201 Course Type: (CC/MCC/MDC/ CC/MCC CCM/ DSEC/VOC/DSE/PC/AEC/ VAC Level of the course (As per 100-199 Annexure-I) Pre-requisite for the course (if any) N.A. Course Learning Outcomes (CLO) After completing this course, the learner will be able to: 1. Have Insight of Basic Concepts of Macro Economics-Its nature and scope, Methodology; National Income and circular flow of national income in an Economy. 2. Have understanding of Macroeconomic behavior in terms of Classical theory of Employment, Say’s law, Keynes’ theory of equilibrium level of income and Employment 3. Have knowledge about consumption bevaiour at macroeconomic level, Keynes’ psychological law of consumption, hypotheses about long run income-consumption relationship 4. Have understanding about capital and Investment, Decision to invest at macro economic level, determinants of induced investment. 5*. Credits Theory Tutorial Total 03 1 04 Contact Hours 03 1 04 Max. Marks: 100 Time: 3 Hrs Internal Assessment Marks: 30 End Term Exam Marks: 70 Part-B Contents of the Course Instructions for Paper Setters 1. Nine Questions will be set in all and students will be required to attempt 5 questions. 2. Question No. 1 will be compulsory and will consist of 7 short answer type questions of 2 marks spread over the entire syllabus (2*7=14 marks). 3. For the remaining four questions, students will attempt 1 out of 2 questions from each of the four units (14 marks each). Unit Topics Contact Hours I Nature and Scope of Macro Economics, Difference between Micro and Macro Economics Importance of Macro Economics. Concepts, Measurement and limitations of National Income Statistics, Circular flow of Income in Two, Three and Four Sector Economy 15 II Say’s law of Market, Classical Theory of Income and Employment. Keynesian Theory of Income and 15 Employment, Principle of Effective Demand, Comparison between Classical and Keynesian Theory of Employment III Consumption Function: Meaning and Technical Attributes, Significance of MPC, Relationship between APC & 15 MPC, Keynesian Psychological Law of Consumption and its Implications, Short-run & Long-run Consumption functions IV Meaning of Capital and Investment, Types of  Investment, Marginal Efficiency of Capital (MEC). 15 Relation between MEC and MEI, Factors affecting Inducement to Invest V* Suggested Evaluation Methods Internal Assessment: 30 End Term  Theory (All these activities will be covered under Tutorials. Approximate Examination:70 contact Hours =15) Theory Class Participation :5 Seminar/Presentation/Assignment/Quiz/Class Test etc. :10 Mid Term Exam :15  Practicum Class Participation Seminar/Demonstration/Viva Voce/Lab Records etc. Mid Term Exam: Part-C Learning Resources Recommended Books/E-Resources/LMS:  Shapiro, E. (1996), Macroeconomic Analysis, Galgotia Publications, New Delhi.  Dornbusch, R. and F. Stanley (1999), Macroeconomics, Irwrin McGraw Hill, Inc. New York, 7th Edition  Lipsey R.G. and K.A. Chrystal(2007) ―Economics, Oxford University Press  Ackley, G. (1978), Macroeconomics: Theory and Policy, Macmillan, New York.  Mankiw, N. Greogory (2000), Macroeconomics Macmillan Worth Publishers 4th Edition  Paul Samuelson and Nordhaus: (2005), Economics (18thEd.) Tata Hill Publishing Company  Lekhi R.K. Macro Economics Part - I, 2016 Kalyani * Applicable for courses having practical component.  CC-M2 Session 2023-2024 Part-A Introduction Subject Economics Semester II Name of the Course INTRODUCTION TO INDIAN ECONOMY Course Code B23-ECO-202 Course Type: CCM (CC/MCC/MDC/ CCM/ DSEC/VOC/DSE/PC/AEC/ VAC Level of the course (As per 100-199 Annexure-I) Pre-requisite for the course (if N.A. any) Course Learning Outcomes After completing this course, the learner will be able to: (CLO) 1. Know economic systems, resource allocation, types of economies, Indian economy's size, sectors, challenges, government initiatives, and global standing. 2. Understand causes and consequences of inequality, unemployment, infrastructure challenges, government initiatives, 3. Understand the importance, issue and challenges of Infrastructure and environmental sustainability in Indian economy 4. Understand the challenges, achievements and failure during different five years plans t& know the strategies for economic reforms before and after 1991. 5*. Credits Theory Tutorial Total 02 - 02 Contact Hours 02 - 02 Max. Marks: 50 Time: 3 Hrs Internal Assessment Marks: 15 End Term Exam Marks: 35 Part-B Contents of the Course Instructions for Paper Setters 1. Nine Questions will be set in all and students will be required to attempt 5 questions. 2. Question No. 1 will be compulsory and will consist of 7 short answer type questions of 1 mark spread over the entire syllabus (1*7=7 marks). 3. For the remaining four questions, students will attempt 1 out of 2 questions from each of the Four units (7 marks each). Unit Topics Contact Hours I Overview of the Indian Economy: Introduction to the Indian economy: size, growth, and significance, Key 7 sectors of the Indian economy; Agriculture: importance, challenges, and government initiatives, Industry: manufacturing, mining, and construction sectors, Services: IT, telecommunications, finance and tourism. India's position in the global economy. II Major Economic Challenges in India: Poverty and Income Inequality: Causes and 8 consequences of income inequality: Government initiatives and policies to reduce poverty and inequality. Unemployment and Skill Development: Types and causes of unemployment in  India, Youth unemployment and the demographic dividend. Government schemes and initiatives to promote employment and skill enhancement. III Infrastructure Development: Importance of 7 infrastructure in economic development, Challenges in transportation, energy, and urban infrastructure, Government initiatives such as Smart Cities Mission and Bharatmala Project. Environmental Sustainability: Environmental challenges in India, including pollution and climate change, Importance of sustainable development and green initiatives. IV Economic Reforms: Need, objectives and features before 8 1991; New Economic Policy (Liberalisation Privatisation Globalisation) reforms after 1991: achievements and failures; NITI Aayog: need, objectives V* Suggested Evaluation Methods Internal Assessment: 15 End Term  Theory Examination:35 Class Participation :4 Theory Seminar/Presentation/Assignment/Quiz/Class Test etc. :4 Mid Term Exam :7  Practicum Class Participation Seminar/Demonstration/Viva Voce/Lab Records etc. Mid Term Exam: Part-C Learning Resources Recommended Books/E-Resources/LMS:  Dutt, Gaurav and Mahajan, Ashwani “Dutt & Sundharam Indian Economy” S. Chand & Company (Latest Ed.).  Dhar, P.K. “Indian Economy – Its Growing Dimensions” Kalyani Publishers (Latest Ed.).  Kapila, Uma “Indian Economy: Performance and Policies” Academic Foundation, New Delhi (Latest Edition).  Kapila, Uma “Indian Economy Since Independence” Academic Foundation, New Delhi (Latest Edition).  Mishra S. K. and Puri,V. K. “Indian Economy”, Himalaya Publishing House (Latest Ed.) * Applicable for courses having practical component.  DSEC-1 Session 2023-2024 Part-A Introduction Subject Economics Semester II Name of the Course ECONOMIC SURVEY TECHNIQUES Course Code B23-ECO-203 Course Type: DSEC (CC/MCC/MDC/ CCM/ DSEC/VOC/DSE/PC/AEC/ VAC Level of the course (As per 100-199 Annexure-I) Pre-requisite for the course (if N.A. any) Course Learning Outcomes After completing this course, the learner will be able to: (CLO) 1. Have Insight of Basics of Data, Types of Data: Quantitative, Qualitative, Cross Sectional and Time Series, Different Scales of Measurement, Data Source: Primary & Secondary, Nature of Data in CSO, NSSO, Census and Economic Survey 2. Have understanding of concept of Survey Technique, Steps involved in conducting Survey, Methods used in collecting data through Survey, Types of Survey Research, Structured and Unstructured Questions in survey, Difficulties and Issues in Survey Research 3. Have knowledge about Questionnaire design, Various Qualitative Methods like Ethnography, Unstructured Interviews, Participant Observation, Recording of Data, Data Presentation and Computer Applications in Data Organization 4. To understand the Random and Non Random Sampling Techniques and Determination of Sample Size. 5*. To prepare a project report depicting their ability to collect and organize data Credits Theory Practical Total 03 1 04 Contact Hours 03 02 05 Max. Marks: 100 Time: 3 Hrs Internal Assessment Marks: 20+10(P) End Term Exam Marks: 50+20(P) Part-B Contents of the Course Instructions for Paper Setters 1. Nine Questions will be set in all and students will be required to attempt 5 questions. 2. Question No. 1 will be compulsory and will consist of 5 short answer type questions of 2 marks spread over the entire syllabus (2*5=10 marks). 3. For the remaining four questions, students will attempt 1 out of 2 questions from each of the four units (10 marks each). Unit Topics Contact Hours I Basic Ideas of Economic Data  Data, Information and Statistics  Data Types: Quantitative and Qualitative; Cross Sectional and Time Series 15  Scales of Measurement: Nominal, Ordinal, Interval, Ratio   Sources of Data: Primary & Secondary  Understanding the Nature of Data in CSO, NSSO, Census and Economic Survey II Methodologies of Data Collection  Survey Technique: Concept, Steps involved in conducting Survey  Methods/Instruments used in collecting data through Survey 15 Research  Types of Survey Research  Types of questions in a Survey Research: Structured and Unstructured Questions  Difficulties and Issues in Survey Research III Data Collection and Organization  Data Collection using Questionnaires: Questionnaire design  Qualitative Methods: 15 Ethnography, Unstructured Interviews, Participant Observation  Recording of Data after completion of Survey: Manually and use of computers  Tabulation and Graphical Presentation of data  Preliminaries of Computer Applications in Data Organization IV Sampling Methods  Probability Sampling Methods- Simple Random 15 Sampling,Systematic Random Sampling, Multistage and Cluster Sampling  Non Probability Sampling Methods  Sampling and Non Sampling Errors  Determination of the Sample Size V* Suggested Evaluation Methods Internal Assessment: 30 End Term Examination:50  Theory: 20 (All these activities will be covered under Tutorials. Theory Approximate contact Hours =15) Class Participation :10 Practicum: 20 Seminar/Presentation/Assignment/Quiz/Class Test etc. :10 Seminar/Demonstration/Viva Mid Term Exam: Voce/Lab Records etc.:  Practicum :10 Class Participation: Seminar/Demonstration/Viva Voce/Lab Records etc.: Mid Term Exam:  Part-C Learning Resources Recommended Books/E-Resources/LMS:  Kapur J.N. and Saxena H.C. Mathematical Statistics, Sultan Chand Publishing  Kothari, C.R. (2004) Research Methodology: An Introduction, Delhi, New Age 3.  S.C. Gupta: Fundamentals of Statistics  S.P. Gupta: Statistical Methods * Applicable for courses having practical component.  MDC-2 Session 2023-2024 Part-A Introduction Subject Economics Semester II Name of the Course INDIAN ECONOMIC ENVIRONMENT Course Code B23-ECO-204 Course Type: (CC/MCC/MDC/ MDC CCM/ DSEC/VOC/DSE/PC/AEC/ VAC Level of the course (As per 100-199 Annexure-I) Pre-requisite for the course (if any) N.A. Course Learning Outcomes (CLO) 1.To understand and analyze the nature of growth & development of India Economy. 2. Understanding and evolution of Agriculture sector in India. 3. Understanding and evolution of Industrial sector in India. 44. Utilize the detailed skills and techniques to address the problems of Indian economy like poverty, inequality, unemployment. 5*. Credits Theory Tutorial Total 03 1 04 Contact Hours 03 1 04 Max. Marks: 75 Time: 3 Hrs Internal Assessment Marks: 25 End Term Exam Marks: 50 Part-B Contents of the Course Instructions for Paper Setters 1. Nine Questions will be set in all and students will be required to attempt 4 questions. 2. Question No. 1 will be compulsory and will consist of 10 short answer type questions of 1 mark, spread over the entire syllabus (1*10=10 marks). 3. For the remaining four questions, students will attempt 1 out of 2 questions from each of the three units (10 marks each). Unit Topics Contact Hours I Elements of micro & macro environment; PESTLE analysis. Economic growth & development; primary, secondary and tertiary sectors; structural changes & emerging sectors of the Indian economy. 11 II Review of five year plans in India, planning strategy and objectives. Current trends in industrial growth, industrial and licensing policy, growth of private sector, 12 problems of public sector units, policy changes for industrial growth; environment for the SME sector. III Design and strategy of economic reforms and liberalization: India’s growth post liberalization. Main trends in imports and exports, balance of payments in recent years, environment for foreign capital and 11 investment. IV Intellectual property rights and R & D environment. 11 Banking reforms and challenges; Monetary & Fiscal Policies; meaning, importance & instruments.; SEBI;  FEMA V* Suggested Evaluation Methods Internal Assessment:25 End Term  Theory Examination :50 Class Participation :5 Theory Seminar/Presentation/Assignment/Quiz/Class Test etc. :7 Mid Term Exam :13  Practicum Class Participation Seminar/Demonstration/Viva Voce/Lab Records etc. Mid Term Exam: Part-C Learning Resources Recommended Books/E-Resources/LMS:  Kapila, Uma, “Indian Economy: Performance and Policies”Academic Foundation, NewDelhi (Latest Edition).  Mishra, S.K. and Puri,V.K, “Indian Economy”Himalya Publication House (Latest Edition).  Rudar Dutt and Sundram;Indian Economy S. Chand and Company (Latest Edition)  Datt, Gaurav and Mahajan, Ashwani “Dutt & Sundharam Indian Economy” S. Chand & Company (Latest Ed.).  Sen, R.K. and B.Chatterjee, “IndianEconomy:Agenda for 21stCentury (Essays in honour of Prof. P.R. Brahmananda)”, Deep & Deep Publications, NewDelhi.  Singh Ramesh (2020-21), “Indian Economy”, McGraw Hill Education (India) Private Limited (Latest Ed.).  Purkayastha Gautam, “Dynamics of Indian Economy”, Kalyani * Applicable for courses having practical component.  CC-3 MCC-4 Session 2023-2024 Part-A Introduction Subject Economics Semester III Name of the Course MICRO ECONOMICS– II Course Code B23-ECO-301 Course Type: CC/ MCC (CC/MCC/MDC/ CCM/ DSEC/VOC/DSE/PC/AEC / VAC Level of the course (As per 200-299 Annexure-I) Pre-requisite for the course CC-1 MCC-1 B23-ECO-101 MICRO ECONOMICS-I (if any) OR CC-M1 B23-ECO-103 INTRODUCTORY ECONOMICS Course Learning Outcomes After completing this course, the learner will be able to: (CLO) 1. To understand the concepts in consumer and producer Theory like surplus, economies, isoquants, iso-cost lines etc.. 2. To understand market conditions of perfect competition, monopoly and monopolistic competition. 3. To understand few models of oligopoly. 4. To understand how factor prices are determined 5*. Credits Theory Tutorial Total 03 1 04 Contact Hours 03 1 04 Max. Marks: 100 Time: 3 Hrs Internal Assessment Marks: 30 End Term Exam Marks: 70 Part-B Contents of the Course 1. Nine Questions will be set in all and students will be required to attempt 5 questions. 2. Question No. 1 will be compulsory and will consist of 7 short answer type questions of 2 marks spread over the entire syllabus (2*7=14 marks). 3. For the remaining four questions, students will attempt 1 out of 2 questions from each of the four units (14 marks each). Unit Topics Contact Hours I Concepts in Consumer and producer Theory  Producer Surplus  Price, Income and Substitution Effects (Hicks and Slutsky)  Economies and Diseconomies of Scale 15  Isoquant and Iso-Cost Lines and Producer’s Equilibrium II Market Structure  Perfect competition (Meaning, Equilibrium of firm and industry in short run and long run).  Role of time element in price determination.  Monopoly (Meaning, Equilibrium in short run and 15 long run).  Price discriminating monopoly. III Market Structure   Monopolistic Competition (Meaning, Equilibrium 15 of firm and industry in short run and long run).  Cournot’s and Bertrand’s Duopoly Model.  Kinked Demand Model.  Cartels and Price Leadership Models IV Factor Pricing  Ricardian Theory of Rent 15  Modern Theory of Rent, Quasi rent  Wage (Demand and Supply of Labour, Marginal Productivity Theory)  Interest (Classical and Keynesian)  Profit (Risk Theory, Dynamic Theory, Schumpeter’s Innovation Theory, Uncertainty Bearing Theory) V* Suggested Evaluation Methods Internal Assessment: 30 End Term Examination:70  Theory ( All these activities will be covered under Tutorials. Theory Approximate contact Hours =15) Class Participation :5 Seminar/Presentation/Assignment/Quiz/Class Test etc. :10 Mid Term Exam :15  Practicum Class Participation Seminar/Demonstration/Viva Voce/Lab Records etc. Mid Term Exam: Part-C Learning Resources Recommended Books/E-Resources/LMS:  Ahuja, H.L(2012), Ucchatar Arthik Siddhant, S.Chand & Company, New Delhi.  Dwivedi, D.N (2011), Microeconomics – Theory & Applications, Pearson.  Koutsoyiannis, A.(1979),Modern Microeconomics,(2nd Edition),Macmillan Press, London.  Mankiw, N.G. (2012),Principles of Microeconomics, (6th Edition), South-Western Cengage Learning.  Salvatore D. (2006),Microeconomics-Theory and Applications,Oxford University Press.  Varian,H. (2003),Intermediate Microeconomics, East-West Press.  Chopra P.N., Micro Economics, Kalyani * Applicable for courses having practical component.  MCC-5 Session 2023-2024 Part-A Introduction Subject Economics Semester II Name of the Course BASIC STATISTICS FOR ECONOMICS Course Code B23-ECO-302 Course Type: (CC/MCC/MDC/ CCM/ MCC DSEC/VOC/DSE/PC/AEC/ VAC Level of the course (As per Annexure- 200-299 I) Pre-requisite for the course (if any) N.A. Course Learning Outcomes (CLO) After completing this course, the learner will be able to: 1. Know the nature, scope, and uses of statistics in economics and be able to deal with data organization and presentation with different methods and with detailed knowledge of data presentation with different kinds of diagrams. 2. Able to analyze data with a deep understanding of the concepts of central tendency and dispersion of data with their different types and methods to help find out what the data want to say. 3. Understand the tentative change in data variables with the effects of changes in economic policy and also analyze the change in economic variables over different time periods. 4. Exhibit the estimation of the degree and direction of relationships between different economic variables and also help to find out the cause and effect relationship between the different economic variables.. 5*. Credits Theory Tutorial Total 03 1 04 Contact Hours 03 1 04 Max. Marks: 100 Time: 3 Hrs Internal Assessment Marks: 30 End Term Exam Marks: 70 Part-B Contents of the Course Instructions for Paper Setters 1. Nine Questions will be set in all and students will be required to attempt 5 questions. 2. Question No. 1 will be compulsory and will consist of 7 short answer type questions of 2 marks spread over the entire syllabus (2*7=14 marks). 3. For the remaining four questions, students will attempt 1 out of 2 questions from each of the four units (14 marks each). Unit Topics Contact Hours I Nature, Scope and Uses of Statistics: Definition and scope of statistics; Subject matter of statistics, Importance and Limitations of statistics in Economics; data collection(census and sample method); Organization and Presentation of data(Textual and Tabular presentation of data, 15 Diagrammatic presentation of data, Frequency diagram: Histogram, Polygon and Ogive curve) II Analysis of Data: Measures of Central tendency (meaning, purpose and function of Central tendency); Types of statistical  average(Arithmetic mean, median and mode) 15 Measures of dispersion(absolute measure range, inter quartile range) III Index Number and Time Series Analysis: Introduction of index number: purpose and uses of index number in economics; Calculation of price index and quantity index (Laspyer, Pasche and Fisher index); Time 15 series: meaning and components of time series; Model of analysis of time series methods of measuring Trends and its components. IV Correlation and Regression Analysis: Correlation: definition, types, degree and methods; Scattered diagram; Karl Pearson and 15 Rank coefficient of correlation; Linear regression analysis: meaning, types, regression lines, regression coefficient. V* Suggested Evaluation Methods Internal Assessment: 30 End Term  Theory ( All these activities will be covered under Tutorials. Approximate Examination:70 contact Hours =15) Theory Class Participation :5 Seminar/Presentation/Assignment/Quiz/Class Test etc. :10 Mid Term Exam :15  Practicum Class Participation Seminar/Demonstration/Viva Voce/Lab Records etc. Mid Term Exam: Part-C Learning Resources Recommended Books/E-Resources/LMS:  Anderson, David R., Sweeney, Dennis J. & Williams, Thomas A. (2014).Essentials of Statistics for Business and Economics. South-Western Cengage Learning, USA.  Gupta S.C(2018). Fundamental of Statistics, Himalaya Publishing House, New Delhi  Gupta S.P and Gupta M.P.(2019).Business statistics, Sultan Chand and Sons New Delhi  Naghshpour, S. (2012). Statistics for Economics. Business Expert Press.  Sharma, J.K. (2012). Business Statistics. Dorling Kindersley (India) Pvt. Ltd., New Delhi * Applicable for courses having practical component.  MDC-3 Session 2023-2024 Part-A Introduction Subject Economics Semester III Name of the Course CURRENT ISSUES IN GLOBAL ECONOMY Course Code B23-ECO-303 Course Type: (CC/MCC/MDC/ CCM/ MDC DSEC/VOC/DSE/PC/AEC/ VAC Level of the course (As per Annexure-I) 200-299 Pre-requisite for the course (if any) N.A. Course Learning Outcomes (CLO) After completing this course, the learner will be able to: