SYLLABUS M.A. (ECONOMICS) MAHARSHI …

1 SYLLABUS (ECONOMICS) MAHARSHI dayanand university . MAHARSHI dayanand university Rohtak SYLLABUS and Courses of Reading for Economics I & II Semester Examination Session 2008-2009. Available from: Asstt. Registrar (Publication) Price : MAHARSHI dayanand university At the Counter : Rs. 50/- Rohtak-124 001 (Haryana) By Regd. Parcel : Rs. 75/- By Ordinary Post : Rs. 60/- SYLLABUS (ECONOMICS) 1 MAHARSHI dayanand university 2. Semester III. Economics 2008-09. (Course Structure) M. Marks Int. Time Semester I Asst. M. Marks Int.

2 Time Paper-XI Indian Economy-I 80 20 3 Hrs. Asst. Paper-XII International Trade and Finance-I 80 20 3 Hrs. Paper-I Microeconomics-I 80 20 3 Hrs. Paper-XIII Public Economics - I 80 20 3 Hrs. Paper-II Macroeconomics-I 80 20 3 Hrs. Paper-XIV & XV Optional (Any two of the following) 80 20 3 Hrs. Paper-III Economics of Growth and 80 20 3 Hrs. (i) Mathematical Economics - I 80 20 3 Hrs. Development-I (ii) Industrial Economics - I 80 20 3 Hrs. Paper-IV Mathematics for Economists-I 80 20 3 Hrs. (iii) Agricultural Economics - I 80 20 3 Hrs.

3 Paper-V Statistical Methods-I 80 20 3 Hrs. (iv) Financial Institutions and Markets-I80 20 3 Hrs. (v) Econometrics-I 80 20 3 Hrs. (vi) Oprations Research-I 80 20 3 Hrs. (vii) Managerial Economics-I 80 20 3 Hrs. Semester II Semester IV. M. Marks Int. Time M. Marks Int. Time Asst. Asst. Paper-VI Microeconomics-II 80 20 3 Hrs. Paper-XVI Indian Economy-II 80 20 3 Hrs. Paper-VII Macroeconomics-II 80 20 3 Hrs. Paper-XVII International Trade and Finance-II 80 20 3 Hrs. Paper-VIII Economics of Growth and 80 20 3 Hrs. Paper-XVIII Public Economics - II 80 20 3 Hrs.

4 Development-II Paper-XIX & XX Optional (Any two of the following). Paper-IX Mathematics for Economists-II 80 20 3 Hrs. (i) Mathematical Economics - II 80 20 3 Hrs. Paper-X Statistical Methods-II 80 20 3 Hrs. (ii) Industrial Economics - II 80 20 3 Hrs. (iii) Agricultural Economics - II 80 20 3 Hrs. (iv) Financial Institutions and Markets-II80 20 3 Hrs. (v) Econometrics-II 80 20 3 Hrs. (vi) Oprations Research-II 80 20 3 Hrs. (vii) Managerial Economics-II 80 20 3 Hrs. SYLLABUS (ECONOMICS) 3 MAHARSHI dayanand university 4.

5 (Previous) Paper-I monopoly and bilateral monopoly, monopolistic competition. Semester - I Welfare effects of price control, price support and production quota. MICROECONOMICS-I Note : Maximum Marks : 100 The question paper shall have five units. Each of the External Examination : 80 first four units will contain two questions and the Internal Assessment : 20 students shall be asked to attempt one question from Time : 3 Hrs. each unit. Unit five shall contain eight to ten short Unit-I answer type questions without any internal choice and Nature and scope of Economics and Microeconomics.

6 It shall cover the entire SYLLABUS . As such, unit five shall Positive and normative analysis. Role of assumptions in be compulsory. economic analysis. Circular flow of economic activity. SUGGESTED READING. Concepts of household, firm, factors of production, equilibrium, Koutsoyiannis, A. "Modern Microeconomics" (Mac millan). partial and general, static, comparative static and dynamic Lipsey, and Chrysal, K. Alec " An Introduction to analysis, margin and slope. Positive Economics " (OUP). Elasticity - need and measures - Relationship between Salvatore, D.

7 "Microeconomic Theory" (Shaum's Outline revenue and elasticity. series, Tata Mc Graw Hill). Unit-II Paper-II MACROECONOMICS-I. Analysis of consumer behaviour, demand function, law Maximum Marks : 100. of demand-cardinal, ordinal and revealed preference External Examination : 80. approaches, income-consumption curve, Engel curve, Internal Assessment : 20. substitute and complimentary goods. Time : 3 Hrs. Market demand curve; consequences of Bandewagon, Snob Unit-I. and Veblen effect. Concept of consumer surplus. Determination of Output and Employment : Classical Unit-III Approach - Output and Employment in classical Theory; The Laws of Production : short run and long run.

8 Internal and external Quantity Theory of Money and the Price Level; Classical Model economies and diseconomies. Concept of cost, derivation of without saving and investment; Classical Model with saving short and long run cost curves. Optimum input combination. and investment. Simple case of multiproduct firm. Technical progress and Keynesian Approach_Two Sector Model, Three Sector Model production function : Hick's classification. Elasticity of and Four Sector Model. substitution. Properties of Cobb -Douglas and CES production Unit-II.

9 Function. Determination of Output and Employment : The extended Unit-IV Model (Hickes- Henson Synthesis) : Fixed Price Level - The Pricing process and equilibrium of firm and industry goods Market and the Money Market; Equilibrium in Goods under perfect competition, monopoly (including discriminating Market and Money Market; Changes in Aggregate Demand;. SYLLABUS (ECONOMICS) 5 MAHARSHI dayanand university 6. Govt. spending, Taxation and Agggregate Demand; The IS- - Jha, R. (1991) Contemporary Macroeconomics LM Elasticities and Monetary Fiscal Policies.)

10 Theory and Policy, Wiley Eastern Ltd., New Delhi. Unit-III - Shapiro, E. (1996), Macroeconomic Analysis, Galgolia The Extended Model :Variable Price Level - Deviation of Publication, New Delhi. Agrregate Demand Curve and Determination of equilibrium - Survey, (Ed.) (1976), Macroeconomic Themes, priceand output level; wage- price flexibility and the Full Bo and Reed Geoffrey (1994) International Economics, Employment equilibrium; Monetary- Fiscal policies and the Full- Macmillan Press Ltd. Employment Equilibrium. - Peterson, (1978), Income Employment and Unit-IV Economic Growth, Norton, New York.