B . A .

PART - I (Economics Hons)

Paper – I (Micro Economics)
Full marks: - 100 Duration: - 3 hours

UNIT I - Nature and scope of Economics, static and dynamic Economics, micro and macro Economics
UNIT II - CONSUMPTION – Utility – concept – Types and Relationship. Theories of consumer Behavior-
Cardinal and Ordinal approaches . Demand – Concept, law of demand, Elasticity of Demand ,
Types of Elasticity of Demand and measurement of Elasticity of demand, Concept of
consumer's Surplus.
UNIT III - Cost and Revenue - Concept and Type of Cost , short Run Cost Curve and Long run cost Curve
and their relationship.
Revenue – Concept and types, Relationship between Revenue CurvesIII –
UNIT IV– Production
Supply – Concept, Supply Schedule and curve.
Production Function – Introduction Isoquant Curves laws of Variable Proportion.

UNIT V - Market : Introduction Element and types of Market, Prices Determinations under Perfect
Competition, Role of Time Element, Pricing under Monopoly and Monopolistic competition,
comparative study of monopoly, and perfect competition.

UNIT VI – Distribution
Theories of Distribution
Marginal Productivity theory and modern theory
Rent - Ricardo and Modern Theory
Wage - Demand and Supply Theory
Collective Bargaining and wage determination
Interest - Classical and Kenjunesian Theory
Profit - Night's and Schumpeterain Theory

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 B . A .PART - I (Economics Hons)
Paper – II (Macro Economics)
Full marks: - 100 Duration: - 3 hours

Money

Function of Money in mixed economy.

Cash balance approach of money
Quantity theory of money
Inflation: its concept and causes of Inflation
Remedies to inflation in the economy
Inflationary gap: concept and remedy to
Monetary policy

National Income

National Income: Concept and Measurement

Kujeocian Theory of effective demand
Marginal Propensity to Consume: Concept and determination
Multiplier and its functioning
Investment: Functions and its Concept

Banking

Functions of commercial Bank

Principles of commercial Bank - Liquidity and Profitability
Credit Creation: Concept and Measurement in Control Credit in the Economy
Central Bank Functions

International Trade

International Trade and Economic Development

Classical Theory of International Trade (Rickard)
Modern theory of International Trade (Hecksher Ohlin)
Gains from International Trade
Balance of Payment: Concept, Reasons of disequilibrium in Balance of Payment, Measures to improve
adverse balance of payment.

Reference Book
T.T. Sethi - Macro Economics
Barla and Argwal - International Trade

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 B . A .PART - I (Economics Subsidiary)
Paper – I
Economics Theory
Full marks: - 100 Duration: - 3 hours

UNIT I - (i) Micro and Macro (ii) Utility analysis Marshalian and Hicksian app (iii) law of Demand, elasticity
and its types .
UNIT II - (I) Concept – of Market - and its elements (ii) Types of Market (iii) Pricing under Perfect competition and
monopoly.
UNIT – III Malthusian theory of population.
UNIT – IV Theories of Rent, interest, Profit and wages.
UNIT – V Money – functions, Theories of value of money – Fisher and Cambridge version.
Inflation: Causes and control measures.
UNIT – VI BANK – (i) commercial and Central banks:- Functions (ii) I .M .F and world Bank – Functions
UNIT – VII Taxation: ( i ) Theories of Taxation ( Ability) to pay theory.
( ii ) Public expenditure cause of increase and measures to control.
UNIT – VIII International Trade: ( i ) Comparative cost theory Ohlin and Hecksher.
( ii ) Concepts of Free trade.

B . A .PART - II (Economics Hons)

Paper- III
Indian Economy
Full marks: - 100 Duration: - 3 hours

Unit I Indian economy and its characteristics, challenges of developing economy.

Unit II Population:- Size, reasons of growing population, population policy. Govt. programmes of controlling
population.
Unit- III Agriculture: Role of agriculture in economy development, Trends of productivity, impact of climate
change on agricultural production. Green Revolution and its second Phase.
Unit- IV Land Reforms: Measures taken after Independence cooperative Farming.
UNIT V- Sources of credit:-
(i) cooperative credit societies
(ii) Nationalized Banks
(iii) Regional Rural Bank
(iv) NABARD.
Unit-VI Agriculture labor: Problems and measures to improve their conditions./minimum wages Act.
Unit-VII (a). Industries: Industrial Policy 1948 and 1956 new economic policy 1991.
(b). Heavy Industries:
I. Iron and Steel
II. Sugar
III. Cotton Textile
IV. Cement
(c). Small Scale Industries:
Role, Problems and Measures to improve their problems.
Unit-VIII Industrial Finance: Sources of Finance: - Industrial finance corporation, IDBI.

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Unit-IX Industrial Labor : Trade union growth, Social security measures.
Unit- x Transport : Role of transport in economic development, Rail and Roacl coordination.
Unit – XI Unemployment: Types of unemployment, Govt. Employment programmes, MNREGA and its
relevance.
Unit- XII Foreign Trade; Recent changes in Indian's foreign trade trend.
Unit- XIII Planning- Recent Charges in India's planning system NITI aayog And its functoning. 12th five year
plan 2012-17.

Books Recommended
1. Indian Economy - Rudra Dutt & Sundarram
2. Bhartiya Arthashastra – L. M. Roy
3. Indian Economy – Uma & Kapila

B . A .PART - II (Economics Hons)

Paper - IV
PUBLIC FINANCE
Full marks: - 100 Duration: - 3 hours

Unit – I Nature of public finance- Meaning, Nature and Scope of Public Finance, difference between private
and Public finance, Principle of maximum social Advantages.

Unit- II Taxation Definition, Types of Taxation, Direct and indirect Tax Proportional and progressive Taxation.
Cost and Benefit theory of taxation ability to pay theory taxable capacity, incidence an effect of Taxation
goods and service tax meaning and to impact.

Unit- III Public Expenditure growth and effect of public Expenditure Wagener's law of increasing Expenditure

Unit- IV Public Debt. Types of Burden and different forms of Debt Repayment.

Unit- V Principle of Federal finances, public enterprises objective , Types, Form of management, Public policy
of Public enterprises, profitability and Accountability of public Enterprises , performance of public
enterprises in Indian.

Unit- VII Unemployment and full employment in Indian.

Reference Books: -
1. भारत में लोक उद्योग - बी. ए. त्रिपाठी
2. लोक त्रित्त - जे. पी. त्रमश्र
3. राजस्ि के सिंद्ाांत - डॉ. िंुमन
4. Public finance in theory Baltic - Musgrave
5. Public Finance Department and Developing countries- Dr. S.K. SINGH
6. राजस्ि के सिंद्ाांत - एल. एम. रॉय

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 B . A .PART - II (Economics Subsidiary)
Paper- II
Planning and the Indian Economy.
Full marks: - 100 Duration: - 3 hours
1. Niti Aayog- Needs & Objectives.
2. Role of Niti Aayog in Indian Economy
3. Characteristic of Indian Economy, Poverty and Unemployment & their eradications.
4. Population- Size and Growth, Population Policy.
5. Natural Resources- Forest Policy, Energy Policy.
6. Agriculture – Cause of back wordiness of Indian Agriculture.
7. Land Reform- Ceiling of holdings wordness, consolidation of land, cooperative farming.
8. Agricultural credit cooperative , commercial bands, Rural Banks ,NABARD
9. New strategy of Agricultural Societies Green Revolution and its second phase.
10. Industrial policy since 1956,1977,1980,1991
11. Large scale Industries- Steel, Cement, Sugar and Cotton
12. Small Scale Industries Importance and problems in India.
13. Foreign Trade of India- nature and composition
14. India's five year plans with special reference to 12th Five Year Plans 2012-17.

BOOKS

1. Indian Economy – Rudra Dutt & Sundarram

B . A .PART - II (Economics General)

Paper- II
Full marks: - 100 Duration: - 3 hours
1. Nature and Significance of Macro Economics National income accounting
2. Money- Role of Money in Planned and Unplanned economy, Value of Money, Quantity Theory of money,
Saving and investment
Theory, Inflation- causes, effects and methods to control inflation objectives of monetary paling.
3. Public enterprises: - Objectives of public Enterprises, Type of Public enterprises Forms of management, price
policy of Public enterprises, Profitability and accountability of Public enterprises Growth of Public sector in
Indian since 1948. Performance of Public enterprises in Indian.
4. Unemployment and full employment in Indian, Cause of Poverty and its measurement in Indian.

Recommendation of Books:

1. Macro Economics - L .M .Ray

2. Mudra and Money Problems - L. M. Ray

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 B . A .PART - III (Economics General)
Paper- V
Economic Growth & Planning
Full marks: - 100 Duration: - 3 hours
Unit –I

i. Meaning of economic growth and development.

ii. Difference between growth and development.
i. Factors of economic growth and development.

Unit-II
I. Main feature of developing economy and challenges.
II. Role of state in economic growth.
Unit-III
i. Harrod domer's growth model, schumpetarian growth model.
ii. Balanced and unbalanced development.
Unit-IV
i. Capital formation and growth.
ii. Foreign capital and growth.
iii. Human resource and economic growth.
iv. Technology and economic growth.
Unit-V
I. Rostow's stages of economic growth.

Unit-VI
History of economic planning in India.
Unit-VII
i. Relevance of Niti Aayog in india.
ii. Reasons of replacement of planning commission by Niti Aayog.
iii. Structure and Functions of Niti Aayog.
iv. History of Indian five years plan.

Reference Books:-
1. Narain's Economic Development and planning - U. C. Kulshrestha.
2. Economic of development and planning : -Taneja and Sharma
3. Three years Action Agenda 2017-19. "The indianeconomy " - SanjivVerma.
4. आर्थिक त्रिकािं एिां त्रनयोजन – एम. एल. सिंगन
5. आर्थिक त्रिकािं एिां त्रनयोजन - S B P D Publication.

B . A .PART - III (Economics Hons)

Paper- VI
Economic Development of UK, USA, Russia and Japan.

Full marks: - 100 Duration: - 3 hours

Th
Unit I – I 19 century an era of great economic development, chief characteristics of economic
development.

Unit –II U. K – industrial Revolution causes and characteristics, social and economic effect of industrial
Revolution. Decline in industrial supremacy of U. K.

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Unit - III USA – American Revolution and its causes, Economic , social and political effects , American
Civil War factors leading to it , main effect of the civil war, great depression and its causes and
steps taken to came out of it , president Roosevelt and the New Deal .

Unit – IV Russia, the Russian economy before the resolution of 1917 .New Economic Policy , scissor ,
Crisis .

Unit – V Japan – The Muji Restoration , industrialization of Japan, Cottage and Small scale industries in
Japan . Japan's rapid economic growth in the post war period and its causes.

B . A .PART - III (Economics Hons)

Paper –VII
Statistics
Full marks: - 100 Duration: - 3 hours
Unit-I Definition, scope and limitations. Census and Sampling methods of survey. Primary and Secondary data.
Unit-II Classification and Tabulation of data Diagrammatic and graphic representation of data .
Unit-III Measures of Central Tendency Mean, Median ,Mode, Harmonic Mean and geometric Mean .
Unit-IV Measures of Dispersion, Range , inter Quartile Range and Quartile Deviation Mean Deviation
and Standard Deviation, Lorenz curve and its application .
Unit-V Correlation and its measurement .
Unit-VI Index Number, Concept and its measurement (Simple and Weighted) Problem in the construction of
Index Number.

Reference Books:
1. B. N. Gupta - Statistics
2. S. P. Singh – Statistics
3. Gupta and Kapoor- Statistics
4. Yule and Kendall – Statistics Method.

B . A .PART - III (Economics Hons)

Paper –VIII
Group (A) Labour Economic
Full marks: - 100 Duration: - 3 hours
Unit – I nature and scope of Labour Economics
Unit -II Labour Market – characteristic and peculiarities of labour, migration recruitment , working condition of Indian
labour market nature demand and supply of labour , wage determination collective bargaining .
Unit –III Trade Union - Nature and function of trade union Role of trade union is Ironic Development in India
Unit -IV Labour welfare in India – Measurement and measures and social security
Unit-V Industrial Disputes - causes and measure for promoting industrial peace , conciliation , Arbitration and
workers participation is management
Reference Books:
1. R. C .Saxena - Labour problems and social warfare in India
2. V .V cirri – Labour problems in Indian Industry
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 3. Reynolds - Labour Economics and Labour Relations
4. T.N.B Bragoliwal - Economics of Labour and social Welfare .

B . A .PART - III (Economics Hons)

Paper –VIII
Group (B) AGRICULTURAL ECONOMICS

Full marks: - 100 Duration: - 3 hours

(i) Relevance of Agricultural of Agricultural Economics in Indian Economy.
(ii) scope of agricultural economy.
(iii) Land Reforms Measures and progress
(iv) Types of Farming: (capitalist's co – operative and collective.

Unit – II Agricultural finance:

(i) Importance of institutional Finance
(ii) Non- institutional financial sources. Traditional sources.
(iii) Importance of micro finance for snail farmers. Marginal Farmers.

Unit – III Market:

Structure and agencies of market.

Reasons of low marketable surplus.
Regulated markets and their role.
market regulations Act.

Unit – IV Farm Productivity:

Size of farm.
Factors affecting productivity.
Relationship between technology and productivity.
Govt. measures for stabilization of agricultural productivity.

Unit – V

Variation in agricultural prices .

Measures to strengthen : Minimum support price/ Subsidy .
Income instability of the farmers.
Govt. measures to increase the income

Unit – VI

Role of state in agricultural development.

Green revolution first phase / Second phase.
Various agricultural programmers for its development.

Books:-

Agricultural Development - Narain

Agricultural Problems of India - C. B. Mamoria.
भारतीय कृ त्रि िंमस्याए एिां िंांभानाए –L. M. Roy.
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 B . A .PART - III (Economics Hons)

Paper –VIII
Group (C) Business Organisation and Industrial Economics

Full marks: - 100 Duration: - 3 hours

Unit – I Principles of modern Industrial Economics- Division of labour, Standardisation, Scientific management,
Rationalisation, Integration and combination- Horizontal and Vertical factors governing the size of business unit concept
of optimum form.

Unit -II Combinations – factors leading to combination, trusts, cartels, syndicates, holding companies, Multinational,
Organisation of marketing and role of merchant.

Unit – III Forms of business organisation, Industrial ownership – partnership and Joint stock companies,
managing Agency system, Location of industries, Monopoly – Causes of growth and effects, Control of monopoly.

PART – II (Industrial Economics )

Unit – IV Capitalism & Socialism – Their features, evils of capitalism, allocation of resources under capitalism and
socialism, problem of incentive workers control and joint control, Inequality of income.

Unit – V Industrial organisation of India – Key industries, Development of important industries during the plan
period, Industries in the private, public and joint sectors, Structure of public enterprises in India management of
Industries, Industrial finance in India, State policy towards Industries in India.

BOOKS RECOMMENDED:-

1. औधोत्रगक िंांगठन –L. M. Roy.

2. Industrial Economy in India – Kuchhal.
3. Business Organisation and Management – M. C. Shukla.
4. Organisation and Financing of Industries – C. B. Mamoia.
5. Industrial Organisation in India – P. S. Loknathan.

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 B. A Part . III
Paper – VIII
Mathematical Economics & Statistics
Full marks: - 100 Duration: - 3 hours
Unit – I Functions & Equations
Concept & types of function & Equation Identity, Application of function and Equation in
Economics.
Unit – II Limit & Differentiation
Limit continuity, methods of pending limit of a function Differentiation of a function Rules of
Differentiation, Differentiation of Explicit and Implicit function.
Unit- III Maximisation & Minimisation:
Second Order Designation Conditions for Maxima and minima in terms of first Deliration and
Second Disincline, Finding out Maxima and Minima o function.
Unit- IV Applications of Derivatives in Economics elasticity of demand, Cost Analyse, Revenue Analyse,
profit Maximisation, Cost Minimisation, Relationship between , AR, MR and Elasticity of
demand .
Unit – V Partial Differentiation: Partial Differentiation of second order, Linear Homogeneous production
function, Cobb Donglas production function.
Unit- VI Price Theroy
Price and output Determination under Monopoly.
Unit-VII Determination and Matrices
Rules of Expanding Determinant, Properties of Determinant and the application.Ddefinition &
types of Matrices Important Rules of Matrix Algebra, Ranking of Matrices, Adjunct and Inverses
of Matrix, Solution of simultaneous equations with the help of determinant ( Cramer's Rule)
and Matrix method.
Unit- VIII Definition and Rope of Statistics Meanness of central Tendency, Meanness of
Dispassion, Analysis of Time series, Correlation, regression and Index Number,
Probability- Different Definitions Rules of Probability, Bayer's Theorem Inverse
Rule of Probability, Problems related with probability.

Book Recommended—
1. Mathematical Economics -Mehta and Madnani
2. Mathematical Analysis for Economises - R. G. D. ALLEN
3. Mathematic & Statistics -Shukla&Sahay
4. Quantitative techniques - N. P. Aggarawal
5. principles of statistics - S. P.Singh
6. Fundamentals Statistics – D. N. Elhance
7. Statistics -B. N. Gupta
8. गत्रितीय अिथशास्त्र – जे. पी. त्रमश्र
9. गत्रितीय अिथशास्त्र - डॉ. महेश प्रिंाद

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 B. A. Part-III (General Pass Course (Economics))
Paper – III
Economics Problems of India since Independence
Full marks: - 100 Duration: - 3 hours
Unit – I Basic characteristics of Indian Economy. India's National Income and trend in its growth.
Unit – II Population – Size and growth of population, population policy and programs.
Unit – III Agriculture – Role of agriculture in economic development productivity trends, Cooperative and
Collective farming, Green revolution, Land reforms – Measures – Land ceiling , Consolidation of Holding.
Unit – IV Agriculture Credit – Sources of credit Cooperative credit system, Land Development Bank, Commercial
Bank, Lead Bank Scheme, Regional Rural Bank, NABARD.
Unit – V Industrial Policy Since 1956, 1977,1980,1991,Role of Public sector in Indian's Economic Development.
Large scale Industries- Iron and Steel, Sugar, Cotton Textile and Cement, Small Industries & Cottage
Industries- Importance and Problems under five years plans.
Unit – VI Industrial Finance- IFC, IDBI, SIDIB, SFC
Unit – VII Foreign Trade- Trends, Composition and Direction of India's foreign trade.
Unit – VIII Transport - Role of transport in economic development, Rail & Road under five years Plans.
Unit – IX Unemployment – Nature and volume, employment programs under the five years plans , Poverty-
causes and eradication of poverty in Indian.
Unit – X Planning - Objectives of Planning and 12Th five years plan in India. NITTI Ayog & cooperative federalism.

Books Recommended:

1. Indian Economy - Rudra Dutt & Sundarm

2. Indian Economics - A. N. Agrawal
3. Indian Economics - Uma & Kapila
4. Indian Economics – Mishra & Puri
5. भारतीय अिथशास्त्र – एल .एम .रॉय
6. भारत की आर्थिक िंमस्याएँ –देिेन्द्र प्रिंाद त्रिंन्द्हा

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