Dr.V.S.Krishna Govt. Degree & P G College [A], Visakhapatnam. COURSE -1 : Consumer and Producers Behaviour. Module 1 : INTRODUCTION

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1 Dr.V.S.Krishna Govt. Degree & P G College [A], Visakhapatnam I B.A- ECONOMICS 1 st SEMESTER syllabus [W.E.F ] COURSE -1 : Consumer and Producers Behaviour Module 1 : INTRODUCTION Nature, Definition and scope of Economics Methodology in Economics Micro and Macro, Static and Dynamic, Normative and Positive Inductive and Deductive Analysis Partial and General Equilibrium Choice as an economic problem. Module 2: CONSUMER BEHAVIOUR Utility Analysis Cardinal and ordinal approaches Law of Diminishing marginal utility, Law of Equi-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 elasticities, Demand forecasting Meaning and factors influencing demand forecasting Consumer surplus Engel curve. Module 3: THEORY OF PRODUCTION AND COSTS Objectives of a firm Production function Concept of Cobb-Douglas production function Isoquant Factor substitution - Law of variable proportions, law of Returns to Scale Expansion path Different Concepts of Revenue and Costs and their interrelation Equilibrium of the film Break Evan analysis. Guide Lines to the Paper Setter:. Section A five questions to be set without ignoring any module Section B eight questions to be set given, more weightage to Module - 2 & Module - 3. Section C each one question to be set from @

2 REFERENCE : 1 H.L. Ahuja : Advanced Economic Theory 2 M.L.Seth :Micro Economics 3 P.A Samuelson &W.D. Nodhaus :ECONOMICS 4 Bilas,A :Micro Eonomic Theory 5 Telugu Academy Publications 6 AUSDE - Study Material

3 Dr.V.S.Krishna Govt. Degree & P G College [A], Visakhapatnam I B.A- ECONOMICS 2 nd SEMESTER syllabus [W.E.F ] COURSE -2: Product and Factor pricing. MODULE - 1: MARKET STRUCTURE : Market forms Perfect and Imperfect markets. Price Determination and Equilibrium of a firm and industry under perfect competition Monopoly Price determination under monopoly Price discrimination Monopolistic competition Price determination. Oligopoly (Kinked demand curve). MODULE 2 : FACTOR PRICING : Marginal productivity theory of distribution Theories of wage determination Wages and collective bargaining: Minimum Wage Rent Scarcity rent, Differential rent Quasi rent. Interest Classical, Neo-Classical and Keynesian theories Profit Dynamic, Innovations, Risk and @ Guidelines to the Paper Set Section A: five questions to be set without ignoring any module \ Section B: Questions are to be set giving equal weigtage to both the modules (1 and 2). Section C: 1. First question is to be set from Module 1 2 Second Question is to be set from Module 2 3 Third Question is to be set from both 1 and 2 Modules (one each from each module)

4 REFERENCE : 1 H.L. Ahuja : Advanced Economic Theory 2 M.L.Seth :Micro Economics 3 P.A Samuelson &W.D. Nodhaus :ECONOMICS 4 Bilas,A :Micro Eonomic Theory 5 Telugu Academy Publications 6 AUSDE - Study Material

5 Dr.V.S.Krishna Govt. Degree & P.G College(A), Visakhapatnam II B.A., Economics : 3 rd SEMESTER Syllabus Course-3 : Theory of Income and Employment Module-1 :Introduction and National Income Meaning, definition and importance of Macro Economics - National Income : Meaning, Definitions: National Income, G. N. P. and N. N. P., G. D. P. & N. D. P., Personal Income ( P. I. ), Disposable Income ( D. I.), Per Capital Income ( P. C. I. ), Real National Income ( R. N. I.) Methods of Estimation of National Income ( N. I. ) Measurement of National Income in India Module-2 :Theory of Income and Employment Classical Theory of employment, Say s law of market pigou wage-cut theory- Keynesian theory of employment- Applicabilit of the Keynesian theory to the developing countries Module-3 : Consumption and Investment consumption function A P C, M P C, factors influencing consumption functions investment functions M E C and rate and rate of interest and the concept of @ Guidelines to the Paper Setter: 1. The Paper Setter is requested to cover all the syllabus while setting the question paper. 2. There should not be any ambiguity in questions.

6 References: 1. G.Ackley Macro Economics Theory and Policy 2. E.Shapiro Macro Economic Analysis 3. Central Statistical Organizations National Accounts Statistics. 4. R.Dornbush, S. Fisher and R. Startz Macro Economics,. 5. M.L. Seth Macro Economics 6. K.P.M. Sundaram Money, banking & International Trade 7. Dillard, D The Economics of John Maynard Keynes. 8. Telugu Academy Publications. 9. AUSDE Study Material. 10. M.N. Mish ra & S B Mishra Insurance Principles & practice 11. Bharati V. Pathak The Indian Financial System, Market, Institutions & Services.

7 Dr.V.S.Krishna Govt. Degree & P.G College(A), Visakhapatnam II B.A., Economics : 4 th SEMESTER Syllabus Course-4: Money, Banking and Stock market Module 3: MONEY AND THEORIES OF MONEY Meaning, functions and classification of Money Gresham s law R.B.I. Classification of Money M1, M2, M3, M4 Theories of Money Fisher s quantity theory of Money, Cambridge approach (Marshall, Pigou, Robertson and Keynes). Module 4: TRADE CYCLE AND INFLATION Trade cycles Meaning and definition Phases of a trade cycle Inflation Definition Types of Inflation Causes and effects of inflation Measures to control inflation. Module 5: BANKING, STOCK MARKET AND INSURANCE Functions of Commercial banks The process of credit creation Functions of the Reserve bank of India Methods of credit control Quantitative and Qualitative Methods. Concept of Non Banking Finance Companies (NBFCs) Stock market -Meaning, functions and importance of Stock Market Primary and Secondary Markets-role of SEBI- Concepts of (a) Shares (b) Debentures, Insurance Types of Insurance Life Insurance and General Insurance. Guidelines to the Paper Setter: 1. The Paper Setter is requested to cover all the syllabus while setting the question paper. 2. There should not be any ambiguity in questions.

8 Reference: 1. G.Ackley Macro Economics Theory and Policy 2. E.Shapiro Macro Economic Analysis 3. Central Statistical Organizations National Accounts Statistics. 4. R.Dornbush, S. Fisher and R. Startz Macro Economics,. 5. M.L. Seth Macro Economics 6. K.P.M. Sundaram Money, banking & International Trade 7. Dillard, D The Economics of John Maynard Keynes. 8. Telugu Academy Publications. 9. AUSDE Study Material. 10. M.N. Mish ra & S B Mishra Insurance Principles & practice 11. Bharati V. Pathak The Indian Financial System, Market, Institutions & Services,

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10 Dr.V.S.Krishna Govt. Degree & P.G College(A), Visakhapatnam III B.A. ECONOMICS: 5 th SEMESTER Syllabus. Core-5 Course-V:Concepts of Development,Planning and Problems in Indian Economy Module 1: CONCEPTS OF DEVELOPMENT: Meaning of Economic growth and development Measures of Economics Development GNP, PCL, PQLI and HDI, Factors influencing Economic development Sustainable development Balanced and unbalanced growth Choice of Techniques Labour intensive and capital intensive methods. Module 2: STRUCTURE OF THE INDIAN ECONOMY: Basic features Natural Resources Land, Water and Forest resources, Basic demographic features Size and growth of the population Age and sex composition Rural and Urban population Occupational distribution Population policy, National income in India Trends and Composition Poverty, Inequalities and unemployment Causes and consequences Module 3:Planning and Economic Reform in India. Planning -Types of planning Current Five Year Plan Objectives, Mobilization and Allocation of Resources - recent five year plan New Economic Reforms Liberalization, Privatization and Globalization in India Inclusive Growth. Guidelines to the Paper @ Paper Setter is requested to cover all the Modules and also further requested to ask direct questions, without any ambiguity.

11 Reference: 1. Dhingra, I.C.- Indian Economy. 2. Ruddar Dutta and K.P.M. Sundaram Indian Econmy. 3. G.M. Meier Leading issues in Economic Development, 4. M.P. Todaro Economic Development,. 5. Reserve Bank of India Handbook of Statistics on Indian Economy (Latest). 6. S.K. Misra & V.K. Puri Indian Economy,. 7. R.S. Rao, V Hanumantha Rao & N Venu Gopal (Ed.) Fifty Years of Andhra Pradesh ( ), Centre for Documentation, Research and Communications, Hyderabad, Telugu Academy Publications. 9. United Nations, World Development Report,. 10. AUSDE, Study Material

12 Dr.V.S.Krishna Govt. Degree & P.G College(A), Visakhapatnam III B.A. ECONOMICS: 6 th SEMESTER Syllabus. Applied-1 Course-VI:Structure of the Indian Economy. Module 1: INDIAN AGRICULTURE Nature and importance, Trends in agricultural Production and Productivity: factors determining productivity. Rural Credit Micro Finance and Self Help Groups (SHGs) Agricultural price policy, Crop insurance, Agricultural Infrastructure and food security. (1) Agricultural Marketing in India, (2) Inspect of Lan d reforms in India, (3) Provision of Agricultural credit to the tenants. Module 2: INDIAN INDUSTRY Structure and Growth of Indian Industry-Industrial policies of 1956 and 1991, Growth and problems of Small Scale Industry. Foreign Exchanges Management Act (FEMA): Disinvestment Policy in India Foreign Direct Investment Module 3:INDIAN SERVICE SECTOR Growing important of Service Sector in India Banking - Insurance - Information Technology Education @ Guidelines to the Paper Setter: 1. The Paper Setter is requested to cover all the syllabus while setting the question paper. 2. There should not be any ambiguity in questions

13 Reference: 1. Dhingra, I.C.- Indian Economy. 2. Ruddar Dutta and K.P.M. Sundaram Indian Econmy. 3. G.M. Meier Leading issues in Economic Development, 4. M.P. Todaro Economic Development,. 5. Reserve Bank of India Handbook of Statistics on Indian Economy (Latest). 6. S.K. Misra & V.K. Puri Indian Economy,. 7. R.S. Rao, V Hanumantha Rao & N Venu Gopal (Ed.) Fifty Years of Andhra Pradesh ( ), Centre for Documentation, Research and Communications, Hyderabad, Telugu Academy Publications. 9. United Nations, World Development Report,. 10. AUSDE, Study Material

14 Dr.V.S.Krishna Govt. Degree & P.G College(A), Visakhapatnam III B.A. ECONOMICS: 5 th SEMESTER Syllabus. Advanced-II Selective Paper (a) Course-V : Public Economics 1 Module 1 : INTRODUCTION Meaning and scope of public finance: Distinction between public and private finance Principal of Maximum Social Advantage Public goods vs Private goods Module 2 : PUBLIC REVENUE AND TAXATION Sources of Public Revenue (a) Taxes (b) Administrative Revenues (c) Commercial Revenues (d) Gifts and grants (e) Deficit Finance Concept of fiscal deficit Canons of taxation (Adam Smith & Modern) Impact, shifting and Incidence of Taxation, Effects of taxation - The concept of Value added Tax (VAT). Taxes direct and indirect merits and demerits, Methods of taxations Progressive proportional regressive and digressive. Module 2: PUBLIC EXPENDITURE Meaning and Classification of public expenditure Cannons of Public eependiture Reasons for the growth of public expenditure Wagner s law Peacock Wiseman hypothesis. Guidelines to the Paper @ Paper Setter is requested to cover all the Modules and also further requested to ask direct questions, without any ambiguity in questions.

15 REFERENCES: 1. B.P. Tyagi Public Finance. 2. H.D. Bhatia Public Finance. 3. H Dalton - Public Finance. 4. Shirrash The science of Public Finance 5. A.H.Hansen Public enterprises and economic development 6. Telugu Academy Publications. 7. AUSDE Study Material. \

16 Dr.V.S.Krishna Govt. Degree & P.G College(A), Visakhapatnam III B.A. ECONOMICS: 6 th SEMESTER Syllabus. Applied II Selective Paper (a) Course-VI(a) : Public Economics 2 Module 1 : PUBLIC DEBT Public Debt Classification of Public debt Source of public debt-- Methods of debt redemption Causes and effects of the growth of India s Public Debt Module 2 : FEDERAL FINANCE IN INDIA Central- State Financial relations under constitution- Central sources of revenue,state sources of revenue and both Finance commission- Functions- various Finance commissions- Recommendations of 13 th finance commission Module 3 INDIAN TAX SYSTEM AND BUDGETING Ssliant features of Indian tax system Defects- Suggestions for improvement Recommendations of Raja Chelliah and @ Guidelines to the Paper Setter : Paper Setter is requested to cover all the Modules and also further requested to ask direct questions, without any ambiguity in questions.

17 REFERENCES: 1 B.P. Tyagi Public Finance. 2 H.D. Bhatia Public Finance. 3 H Dalton - Public Finance. 4 Shirrash The science of Public Finance 5 A.H.Hansen Public enterprises and economic development 6 Telugu Academy Publications. 7 AUSDE Study Material.

18 Dr.V.S.Krishna Govt. Degree & P.G College(A), Visakhapatnam III B.A. ECONOMICS: 5 th SEMESTER Syllabus. Advanced-II Selective Paper (b) Course-V : International trade- 1 Module 1 : INTRODUCTION : Inter regional and International Trade Importance of International Trade Inter industry trade Production possibility curve Module 2 : THEORIES OF INTERNATIONAL TRADE : Theories of International Trade Theory of absolute advantage Theory of Comparative costs, Theory of opportunity cost and Hecksher-Ohllin theory. (Factor endowment theory) Leontiff s paradox. Module 3 : TRADE POLICY AND TERMS OF TRADE : Difference between free trade and protection Arguments infavour of and against free trade and protection Methods of protection -Tariffs- meaning and Definition of tariffs Types of Tariffs-Tariffs and their effects- concept of Optimum Tariff Terms of Trade Gross Barter and Net Barter and Income terms of trade.-factors influencing terms of trade in @ Guidelines to the Paper Setter : Paper Setter is requested to cover all the Modules and also further requested to ask direct questions, without any ambiguity in questions.

19 REFERENCES: 1 B.O. Soderston International Economics. 2 C.P. Kindle Berger International Economics 3 J.Bhagawathi International Trade Selected Reading. 4 D.M. Mithani & G.K. Murty Fundamentals of Business Economics 5 R. Sarma :International Economics 6 M.L. Seth :Money Banking and International Trade. 7 Telugu Academy Publications 8 AUSDE Study Material.

20 Dr.V.S.Krishna Govt. Degree & P.G College(A), Visakhapatnam III B.A. ECONOMICS: 6 th SEMESTER Syllabus. Applied-II Selective Paper (b) Course-VI(b) : International trade- 2 Module 1: BALANCE OF PAYMENTS Meaning of Balance of Trade and Balance of Payments Distinguish between BOT and BOP Reasons for Disequilibrium in Balance of Payments Measures to correct Disequilibrium Depreciatio- Devaluation- BOP in India. Module 2: FOREIGN TRADE IN INDIA Recent trends in the composition and Direction of India s foreign trade Recent EXIM policy Foreign trade policy and recent policy EXIM Bank- Types and importance of Foreign investment FDI, FPI Eeport promotion and import substitution.. Module 3 :INTERNATIONAL FINANCIAL INSTITUTIONS economies IMF, IBRD, -GATT, WTO- Objectives- Functions Role @ Guidelines to the Paper Setter : Paper Setter is requested to cover all the Modules and also further requested to ask direct questions, without any ambiguity in questions.

21 REFERENCES: 1 B.O. Soderston International Economics. 2 C.P. Kindle Berger International Economics 3 J.Bhagawathi International Trade Selected Reading. 4 D.M. Mithani & G.K. Murty Fundamentals of Business Economics 5 R. Sarma :International Economics 6 M.L. Seth :Money Banking and International Trade. 7 Telugu Academy Publications 8 AUSDE Study Material

22 Dr.V.S.Krishna Govt. Degree & P.G College(A), Visakhapatnam III B.A. ECONOMICS: 5 th SEMESTER Syllabus. Advanced-II Selective Paper (c) Course-V : Quantitative Techniques- 1 Module 1: INTRODUCTION Meaning,Definition,Importance and scope of statistics- Limitations-Primary and secondary data- Techniques of data collection.sampling and census methods graphic and diagrammatic representation of data-its types and importance. Module 2 MEASURES OF CENTRAL TENDENCY Meaning and definition-classification-mean,its merits and demerits Median and its merits and demerits- Mode and its merits and demerits-geometric mean and Harmonic mean-their merts and demerits. Module 3:MEASURES OF DESPERSION AND SKEWNESS Meaning and definition-range-quartile Deviation, Mean deviation Standard deviation their merits and demerits.co-efficient of variation.lorenz curve Skewness-Karl Pearson and Bowleys coefficient @ Guide Lines to the Paper Setter:. Section A five questions to be set without ignoring any module Section B eight questions to be set given, more weightage to Module - 2 & Module - 3. Section C each one question to be set from each module.

23 REFERENCE: 1. K Sydsater & P.J.Hammond Mathematics for Economic Analysis. 2. A.C. Chiang Fundamental Methods of Mathematical Economics. 3. Yamane Taro Mathematics for Economics. 4. A. Mizrahi and M. Sallivan Mathematics for Business and Social Sciences Applied Approach. 5. S.P. Gupta & V.K. Kapoor Fundamentals of Mathematical Statisties. 6. Stephen Bernstein & Ruth Bernstein theory & Problems of Elements of Statistics. 7. E. Dowling Mathematical Economics, Schaum s Outline Series, C.R.Reddy,R.Ravi Shankar- Quantitative techniques. 9. Telugu Academy- Quantitative techniques.

24 Dr.V.S.Krishna Govt. Degree & P.G College(A), Visakhapatnam III B.A. ECONOMICS: 5 th SEMESTER Syllabus. Applied-II Selective Paper (c) Course-VI : Quantitative Techniques- 2 Module 1:CORRELATION AND REGRESSION Meaning,Types of correlation-scatter diagram-coefficient of correlationkarl Pearson and Spearman- Concurrent Devitation Method-Estimation of regression line ordinary least square method-analysis of correlation and regression. Module 2: TIME SERIES AND INDEX NUMBERS Time series analysis Concept and Components Determination of Trend -Index numbers: concept, price relative, quantity relative, value relative, Laspeyer s Paasche s and Fisher s index-. Time Reversal Test and Factor Reversal Test Constructing Wholesale Price Index and Consumer Price Index. Module 3:MTRIX ALGEBRA AND SET THEORY Matrices Addition,subtraction,multiplication and equality of matrices-minor,co-factors of matrix-determinants-properties-inverse of a matrix solution of simultaneous equations by matrix Inverse method and Cramer s rule Depiction of inter industry relationship by matrices. Sets;Definition- null set-sub sets-diffferent types of sets.laws of Algebra of sets progressions-arithmatic,geometric,harmonic progression and @ Guide Lines to the Paper Setter:. Section A five questions to be set without ignoring any module Section B eight questions to be set given, equal weightage to Module -1, 2 &3. Section C each one question to be set from each module

25 REFERENCE: 10. K Sydsater & P.J.Hammond Mathematics for Economic Analysis. 11. A.C. Chiang Fundamental Methods of Mathematical Economics. 12. Yamane Taro Mathematics for Economics. 13. A. Mizrahi and M. Sallivan Mathematics for Business and Social Sciences Applied Approach. 14. S.P. Gupta & V.K. Kapoor Fundamentals of Mathematical Statisties. 15. Stephen Bernstein & Ruth Bernstein theory & Problems of Elements of Statistics. 16. E. Dowling Mathematical Economics, Schaum s Outline Series, C.R.Reddy,R.Ravi Shankar- Quantitative techniques. 18. Telugu Academy- Quantitative techniques.

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