M A Economics Syllabus For 2011 2012 Course Structure-Books Pdf

M A Economics Syllabus for 2011 2012 Course Structure
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M A 1st Semester Time 3 Hrs, Paper 101 Compulsory Max Marks 100. External 80, Internal 20, MICRO ECONOMIC ANALYSIS I. Note Ten Questions will be set in all two from each unit The candidate will be required to attempt. five questions selecting one each from four units and the fifth question may be selected from any unit. This paper analyses the economic behaviour of individuals firms and markets It is mainly concerned. with the objective of equipping the students in a rigorous and comprehensive manner with the various. aspects of consumer behaviour and demand analysis production theory and behaviour of costs the. theory of traditional markets, Demand Analysis a, Theories of Demand Utility and indifference curve approaches Income compensated demand curve. Income and Substitute effects Slutsky theorem Revealed preference theory Consumer surplus. Demand Analysis b, Elasticity Price cross income of demand Elasticity of supply. Revision of Demand theory by Hicks Indirect utility functions duality theory Demand systems. Linear expenditure system Inter temporal consumption Cobweb theorem. Theory of Production and Costs, Production function Short term and long term period Law of variable proportions Returns to scale.
Economies of scale Iso quants Least cost combination Multi product firm Cobb Douglas CES. production functions and their properties Euler s theorem Technical Progress and production. function Theories of costs traditional and modern Derivation of cost function from production. function Derived demand for factors CD function only. Price and Output Determination a, Marginal analysis as an approach to price and output determination Perfect competition Short and. long term equilibrium of the firm and industry, Monopoly short run and long run equilibrium Price discrimination Welfare aspects. Monopolistic competition General and Chamberlin s approaches to equilibrium of the firm and the. group with product differentiation and selling costs Criticism of monopolistic competition. Oligopoly non collusive models Cournot Bertrand Edgeworth Chamberlin Kinked demand curve. and Stackleberg solution Collusive models Cartels and mergers Price leadership model. Price and output determination under monopsony and bilateral monopoly. Basic Reading List, Kreps David M 1990 A Course in Microeconomic Theory Princeton University Press. Koutsoyiannis A 1979 Modern Microeconomics 2nd Edition Macmillan Press London. Layard P R G and A W Walters 1978 Microeconomic Theory McGraw Hill New York. Sen A 1999 Microeconomics Theory and Applications Oxford University Press New Delhi. Varian H 2000 Microeconomic Analysis W W Norton New York. Additional Reading List, Baumol W J 1982 Economic Theory and Operations Analysis Prentice Hall of India New. Hirshleifer J and A Glazer 1997 Price Theory and Applications Prentice Hall of India New. Green H A G 1971 Consumer Theory Penguin Harmondsworth. Henderson J M and R E Quandt 1980 Microeconomic Theory A Mathematical Approach. McGraw Hill New Delhi, Da Costa G C 1980 Production Prices and Distribution Tata McGraw Hill New Delhi.
Healthfields and Wibe 1987 An Introduction to Cost and Production Functions Macmillan. Archibald G C Ed 1971 Theory of the Firm Penguin Harmondsworth. Broadway R W and N Bruce 1984 Welfare Economics Basil Blackwell London. Graff J De V 1957 Theoretical Welfare Economics Cambridge University Press Cambridge. Quirk J and R Saposnik 1968 Introduction to General Equilibrium Theory and Welfare. Economics McGraw Hill New York, Borch K H 1968 The Economics of Uncertainty Princeton University Press Princeton. Diamond and Rothschild Eds 1978 Uncertainty in Economics Academic Press New York. M A 1st Semester, Paper 102 Compulsory Time 3 Hrs, Max Marks 100. External 80, Internal 20, MACRO ECONOMIC ANALYSIS I. Note Ten Questions will be set in all two from each unit The candidate will be required to attempt. five questions selecting one each from four units and the fifth question may be selected from any unit. Macroeconomics analyses and establishes the functional relationships between large aggregates The. aggregate analysis has assumed such a great significance in recent times that a prior understanding of. macroeconomics theoretical structure is considered essential for the proper comprehension of the. different issues and policies Macroeconomics now is not only a scientific method of analysis but also. a body of empirical economics knowledge The paper entitled Macro Economics Analysis equips the. students at the postgraduate level to understand systematic facts and latest theoretical developments for. empirical analysis, National Income and Accounts, Circular Flow of Income in two three and four sector economy different forms of national income. accounting social accounting input output accounting flow of funds accounting. Consumption function, Keynes Psychological law of consumption implications of the law Empirical evidence on.
consumption function Reconciliation of short run and long run consumption function absolute. income relative permanent income and life cycle hypotheses. Investment Theories, Investment Function The Marginal Efficiency of Capital Approach Accelerator Simple Flexible. Profits Theory Financial Theory The Neoclassical Model. Demand for Money, Classical and Keynesian approach The Regressive Expectations model Post Keynesian approaches to. demand for money Tobin Portfolio balance approach Baumol Inventory theoretic approaches and. Friedman Restatement of quantity theory of money, Supply of Money. Measures of money supply Instruments of Monetary control Mechanism of Monetary Expansion and. contraction deterministic and behavioural models Determinants of money supply Money supply and. Rate of Interest Government Financing and the money supply balanced and unbalanced budget. Neo classical and Keynesian Synthesis, Classical neo classical and Keynesian views on interest The Basic IS LM model extension of IS. LM model with government sector and variable price level. Basic Reading List, Ackley G 1978 Macroeconomics Theory and Policy Macmillan New York.
Blackhouse R and A Salansi Eds 2000 Macroeconomics and the Real World 2 Vols. Oxford University Press London, Branson W A 1989 Macroeconomic Theory and Policy 3rd Edition Harper and Row New. Dornbusch R and F Stanley 1999 Macroeconomics Irwrin McGraw Hill Inc New York 7th. Heijdra B J and V P Fredericck 2001 Foundations of Modern Macroeconomics Oxford. University Press New Delhi, Jha R 1991 Contemporary Macroeconomic Theory and Policy Wiley Eastern Ltd New Delhi. Romer D L 1996 Advanced Macroeconomics McGraw Hill Company Ltd New York. Shapiro E 1996 Macroeconomic Analysis Galgotia Publications New Delhi. Additional Reading List, Mankiw N G and D Romer Eds 1991 New Keynesian Economics 2Vols MIT Press. Mankiw N Greogory 2000 Macroeconomics Macmillan Worth Publishers 4th Edition. Frisch H 1983 Theories of Inflation Cambridge University Press Cambridge. Sheffirin S M 1996 Rational Expectations Cambridge University Press Cambridge. Lucas R 1981 Studies in Business Cycle Theory MIT Press Cambridge Masscechusetts. Taylor L 1983 Structuralist Macroeconomics Basic Books New Longman. Turnovsky S J 1977 Macroeconomic Analysis and Stabilization Policy Cambridge University. Press Cambridge, Ruggles R and N Ruggles 1956 National Income Accounts and Income Analysis Mc Graw Hill. Veniers Y P and F D Sebold 1977 Macroeconomics Models and Policy. John Wiley and Inc USA, Dernburg T F and D M Mc Dougall Macroeconomics McGraw Hill International Book.
M A 1st Semester, Paper 103 Compulsory Time 3 Hrs, Max Marks 100. External 80, Internal 20, QUANTITATIVE METHODS I, Note Ten Questions will be set in all two from each unit The candidate will be required to attempt. five questions selecting one each from four units and the fifth question may be selected from any unit. Concept of function and types of functions Multivariable functions Interpretation of revenue cost. demand supply functions Types of production functions Limit Continuity and derivatives Rules of. differentiation Elasticity and their types Rules of Partial differentiation and interpretation of partial. derivatives Rules of differentiation Elasticity and their types Rules of partial differentiation and. Interpretation of partial derivatives, Problem of maxima and minima in single and multivariable function Unconstrained and constrained. optimization in simple economic problems Concept and simple rules of integration Application to. consumer s and producer surplus, Concept of Matrix and Determinant their types simple operations on matrices matrix inversion and. rank of matrix Solution of simultaneous equations through Cramer s rule and Matrix inverse method. Introduction to input output analysis, Difference equations Solution of first order and second order difference equations Applications in.
trade cycle models Growth models and lagged market equilibrium models. Linear programming Basic concept Nature of feasible basic and optimal solution Solution of linear. programming problem through graphical and simplex method Concept of a game Two person Zero. sum game value of a game strategies simple and mixed Dominance rule Solution of a game by. linear programming, Basic Reading List, Mathematics for Economics by Michael Hoy etal PHI New Delhi 2004. Quantitative Methods for Business and Economics by Adil H Mouhammed PHI New Delhi. Quantitative Methods by D R Aggarwal, Basic Mathematics for Economists by R C Joshi New Academic Publishing. Leontief W 1936 Quantitative input output relations in the economic systems of the United. States Review of Economics and Statistics Vol 18 pp 105 125. Miller R E and P D Blair 1985 Input Output Analysis Foundations and Extensions Prentice. Hall Englewood Cliffs New Jersey, Proops J Faber M and Wagenhals G 1993 Reducing CO2 Emissions A Comparative Input. Output Study for Germany and the UK Springer Verlag Heidelberg. Aggarwal H S Modren Micro Economics Konark New Delhi 1998. Taro Yamane Mathematics for Economists PHI 1973, Quantitative Techniques in Management by N D Vohra TMH. Operations Research by R Wagnor, Operations Research by Hamdy A Taha.
Allen R G D 1974 Mathematical Analysis for Economists Macmillan Press London. Black J and J F Bradley 1973 Essential Mathematics for Economists John Wiley and Sons. Chiang A C 1986 Fundamental Methods of Mathematical Economics 3rd Edition McGraw. Hill New Delhi, Croxton F E D J Cowden and S Klein 1973 Applied General Statistics Prentice Hall New. Gupta S C and V K Kapoor 1983 Fundamentals of Applied Statistics S Chand and Sons New. Marketing Research by Kinnear and Taylor McGrawhill. Speigal M R 1992 Theory and Problems of Statistics McGraw Hill Book London. M A 1st Semester Time 3 Hrs, Paper 104 Compulsory Time 3 Hrs. Max Marks 100, External 80, Internal 20, PUBLIC ECONOMICS I. Note Ten Questions will be set in all two from each unit The candidate will be required to attempt. five questions selecting one each from four units and the fifth question may be selected from any unit. Economic Rationale of Mixed Economy Role of Government in a State Efficiency markets and Governments Market. Failure and the rationale for Government Intervention Natural Monopolies and Market Failure Non Existence of Futures. Markets and Market Failure Asymmetric Information and market Failure The Problem of Externalities and their. Internalisation, Concept Characteristics and Types of Public Goods Efficient Provision of Public Goods Pure Theories of Public Goods. Bowen Model Lindahl Model Pigou Model Samuelson Model Empirical Theories of public goods Wagner Hypothesis. Wiseman Peacock Hypothesis Preference revelation Mechanisms for Public Goods Thompson Mechanism Clarke. Mechanism Lindahl Wicksell Mechanism Theory of Club Goods. Efficiency and Equity Principles of Taxation Incentive Effects of Taxation on Labour Supply Supply of Savings and Risk. Taking Taxation and Investment Other Distorting Effects of the Tax System Tax Incidence Partial and General. equilibrium Analysis Mieszkowski Analysis of Tax Incidence Keynesian Short Run Model of Tax Incidence Dynamic. Tax Incidence, Normative Analysis of Taxation Income v s Excise Tax Optimal Tax Mix Optimal Commodity Tax Optimal User.
Fees Optimal Income Tax Excess Burden of Tax and its Measurement Equity Considerations in the Choice of a Tax. System Corporation tax and its Effects on Corporate Decisions. Indian Taxation System Fiscal Trends in India Fiscal Reforms in India Fiscal Imbalance in India Budgetary Subsidies in. India Value Added Tax in India Issues in Fiscal Transfers in India. Reading List, Basic Reading List, 1 American Economic Association Readings in the Economics of Taxation edited by R A Musgrave and C Shoup. Homewood Richard D Irwin 1959, 2 Anthony Downs An Economic Theory of Democracy New York Harper 1957. 3 Duncan Black and R A Newing Committee Decisions with Complementary Valuation London William Hodge. 4 Duncan Black The Theory of Committees and Elections Cambridge Cambridge University Press 1958. 5 Howard Bowen Toward Social Economy New York Rinehart 1948 pt IV. 6 International Economic Association Classics in the Theory of Public Finance edited by R A Musgrave and A T. Peacock London Macmillan 1958, 7 J de V Graaf TheoreticalWelfare Economics Cambridge Cambridge University Press 1957. M A Economics Syllabus for 2011 Theory Princeton University Press 1957 Theoretical Welfare Economics Cambridge University Press

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