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M A ECONOMICS
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SEMESTER I CORE I,ADVANCED MICRO ECONOMIC THEORY I. Course Code 17PEC1C1 Max Marks 100,Hours Week 6 Internal Marks 25. Credit 5 External Marks 75,Objectives, 1 To understand and apply Demand theory into the Practical world. 2 To obtain Knowledge and skill about different production laws and technique. 3 To have an idea about Price Output determination under different market situations. 4 To know about various alternative theories of firm. UNIT I Demand Analysis, Utility Theory Cardinal Ordinal approach Indifference Curve analysis and its. applications Revealed preference theory Hicks Revised demand theory. UNIT II Theory of Production, Production function short period and long period law of variable proportions and.
returns to scale Iso quant least cost combination of inputs Euler s theorem Technical. progress and production function Cobb Douglas and CES production function Traditional and. Modern theory of cost,UNIT III Price Output determination. Perfect Competition Monopoly Price discrimination Monopolistic competition. Wastages of Monopolistic competition,UNIT IV Oligopoly Models. Collusive Oligopoly and Non Collusive Oligopoly Cournot s Duopoly Bertrand s. duopoly Model Chamberlains Oligopoly Model Kinked demand Model Stackleberg Model. Cartels Price leadership, UNIT V Alternative Theories of the firm and Pricing. Critical evaluation of Marginal analysis Baumol s Revenue Maximisation. Williamson s Model of Managerial discretion Marries Model of Managerial enterprise Cyert. and March Behavioural Model Full cost pricing Bain s limit pricing theory. Books for Study, H L Ahuja Advanced Economic Theory Micro Economics. Unit I Pages 127 to 194,Unit II Pages 315 to 357,Unit III Pages 499 to 524.
Unit IV Pages 635 to 657,Unit V Paged 658 to 673,References. 1 A Koutsoyiannis Modern Micro Economic Theory,2 Boulding Economic Analysis. 3 Benham Economics,4 C E Ferguson Micro Economic Theory. Prepared by Dr D KUMAR,SEMESTER I CORE II,ADVANCED MACRO ECONOMIC THEORY. Course Code 17PEC1C2 Max Marks 100,Hours Week 6 Internal Marks 25.
Credit 5 External Marks 75,Objectives, 1 To understand the classical Keynesian and post Keynesian theories. 2 To have an insight into the development of the modern macro economics. UNIT I CLASSICAL AND KEYNESIAN ECONOMICS, Say s law of market Wage price flexibility Determination of output and employment. Labour market equilibrium goods market equilibrium Money market equilibrium Keynes. criticism of classical theory Keynesian theory of employment. UNIT II POST KEYNESIAN THEORIES OF CONSUMPTION FUNCTION. Consumption puzzle Kuznets s findings Absolute income Hypothesis Relative income. Hypothesis Permanent income Hypothesis Life cycle hypothesis. UNIT III INTEGRATION OF GOODS AND MONEY MARKETS, Link Between goods and money markets goods market equilibrium Money market. equilibrium General equilibrium changes in general equilibrium Effects of changes in monetary. and fiscal policies Monetary fiscal policy mix,UNIT IV INFLATION AND UNEMPLOYMENT. Monetary theory structural inflation sectoral inflation Phillips curve Friedman s. Long run Phillips curve Tobin s view Solow s view,UNIT V MODERN MACRO ECONOMICS.
Basic propositions of Rational expectations Hypothesis Basic propositions and policy. prescriptions of supply side Economics features of New classical Macro Economics and New. Keynesian Economics,self study,TEXT BOOKS,M L Jhingan Macro Economic Theory 12th edition. H L Ahuja Macro Economic theory and Policy 17th edition. Unit I M L Jhingan Macro Economic Theory P 82 88 226 228. Unit II M L Jhingan Macro Economic Theory P 118 129. Unit III M L Jhingan Macro Economic Theory P 602 608 H L Ahuja Macro Economic. theory and Policy P 493, Unit IV M L Jhingan Macro Economic Theory P 415 461. Unit V M L Jhingan Macro Economic Theory P 637 668. REFERENCE BOOKS,1 Macro Economics Ackley Gardener,2 Macro Economic Analysis Edward Shapiro. 3 Keynes and Post Keynesian Economics R D GUPTA,Prepared by Dr A J HAJA MOHIDEEN. SEMESTER I CORE III,MATHEMATICAL APPLICATIONS IN ECONOMIC ANALYSIS.
Course Code 17PEC1C3 Max Marks 100,Hours Week 6 Internal Marks 25. Credit 4 External Marks 75,OBJECTIVES, 1 To understand the analytical geometry derivatives partial derivatives integration and. 2 To apply the Mathematical methods in Economic analysis. UNIT I STRAIGHT LINE, Straight line two point Slope Point Intercept Slope and Two intercepts slope point. and intercept formula Application to Demand and supply functions equilibrium price and. quantity Quadratic equations and solution Break Even analysis. UNIT II DERIVATIVES, Rules of differentiation I order and II order differentiation Application to elasticities. marginal concepts Maxima and minima Maximization of profit revenue sales and utility. Minimization of cost,UNIT III PARTIAL DERIVATIVES, Technique of partial differentiation Cross Elasticity Application to production.
function monopoly Price Discrimination duopoly revenue cost and profit functions. simple problems,UNIT IV INTEGRATION, Rules of integration Application to consumer s surplus and producer s surplus costs. and revenues,UNIT V MATRICES, Basic concepts and operations on matrices determinants Cramer s rule Matrix. inverse Input Output analysis,NOTE 30 Theory and 70 Problems. TEXT BOOKS, 1 Unit I Mehta B C and Madnani G M K Mathematics for Economists Chapter 4. 2 Unit II Mehta B C and Madnani G M K Mathematics for Economists Chapter 6. 3 Unit III Mehta B C and Madnani G M K Mathematics for Economists Chapter 8. 4 Unit IV Mehta B C and Madnani G M K Mathematics for Economists Chapter 12. 5 Unit V Mehta B C and Madnani G M K Mathematics for Economists Chapter 5. REFERENCES, 1 Allen R G D Mathematical Analysis for Economists.
2 Chiang A C Fundamental Methods of Mathematical Economics. 3 Yamane Taro Mathematics for Economists, 4 Monga G S Mathematics and Statistics for Economists. Prepared by Dr J MOHAMED ZEYAVUDHEEN,SEMESTER I CORE IV. INTERNATIONAL ECONOMICS,Course Code 17PEC1C4 Max Marks 100. Hours Week 6 Internal Marks 25,Credit 4 External Marks 75. Objectives, 1 To impart knowledge on theoretical basis of international trade.
2 To provide an understanding of trade barriers and balance of payment. 3 To appreciate the relevance of international monetary system and institutions. UNIT I INTERNATIONAL ECONOMICS AND POST HECKSCHER OHLIN. THEORIES 18 hours, International Economics meaning and scope International trade Features importance. arguments against Factor price equalization theorem Metzler Paradox International product. life cycle theory theory of technological Gap, UNIT II TERMS OF TRADE AND BARRIERS TO TRADE 18 hours. Concepts of terms of trade unfavorable trend in terms of trade for developing countries. Economic effects of tariffs and quotas on National Income Employment terms of trade income. distribution and Balance of Payment on partner countries under partial equilibrium analysis. Political Economy of non tariff barriers,UNIT III BALANCE OF PAYMENTS 18 hours. Balance of trade Balance of Payments meaning and components process of. adjustment through variations in exchange rate Devaluation and BOP Adjustment J curve. UNIT IV INTERNATIONAL MONETARY SYSTEM 18 hours, Brettonwoods system its collapse and system after the collapse International Liquidity. and reserves Nature size and distribution reasons for shortage International Capital. Movements Meaning Classification Influencing Factors Benefits Dangers Foreign. Direct Investment Case for and against Foreign Portfolio Investment Case for and against. UNIT V INTERNATIONAL INSTITUTIONS 18 hours, IMF IBRD UNCTAD and WTO objectives functions and organizational structure.
Developments in Exchange Markets Euro Currency Markets and International Bond Markets. International Debt crisis,Self Study Portion,Cherunilam Francis International Economics. Unit I Chapter 1 6 RV 1 12 72 80 FC 147 8 FC 159 62. Unit II Chapter 7 10 157 76 RV 206 10 235 237, Unit III Chapter 15 18 RV 299 308 RV 310 13 314 15 320 21. Unit IV Chapter 17 19 21 RV 432 39 RV451 56 RV 387 411. Unit V Chapter 27 20 28 465 484 485 91,BOOKS FOR REFERENCE. 1 Soderston Bo International Economics,2 Kindle Berger International Economics. 3 Meade J E Theory of International Economic Policy. 4 Paul Krugman Maurice Obstfeld International Economics. 5 Rana and Varma International Economics,6 M L Jhingan International Economics.
7 Mannur H G International Economics,Prepared by Dr A HIDHAYATHULLA. SEMESTER I ELECTIVE I,ENVIRONMENTAL ECONOMICS,Course Code 17PEC1CE1A Max Marks 100. Hours Week 6 Internal Marks 25,Credit 4 External Marks 75. Objectives, 1 To understand the Inter linkages of Environment and Economics. 2 To study the implications of welfare Economics in environmental concept. 3 To make an awareness in the conservation of Economic resources. 4 To analyze the ways and means to protect the environmental quality. 5 To evaluate the Environmental policies of India,UNIT I ENVIRONMENT AND ECONOMICS 18 hours.
Economy and Environment Inter linkages Effects of Economic Development on. Environment Atmospheric pollution and its effects Marine pollution Deforestation. Desertification Hazardous wastes Climate changes Decline of Bio diversity Environmental. costs of Economic growth Sustainable Development Meaning Component Rules. Indicator of Sustainability, UNIT II ENVIRONMENT AND WELFARE ECONOMICS 18 hours. Economic Efficiency Efficient Allocation of Resources Pareto optimality Efficiency. in consumption Efficiency in Production Efficiency in Product Mix Deviation from. Efficiency Environmental Quality as a Public Good Classification of Goods Tragedy of. Commons Pollution as an Externality Classification of externalities Economic Consequences. of Environmental Externalities Solutions to externality. UNIT III POLICY APPROACHES FOR ENVIRONMENTAL REGULATIONS 18 hours. Liability Law Meaning Environmental regulation through liability laws its. advantages and disadvantages Property rights or Coasian approach Coase solution advantages. and disadvantages Emission standards Policy tool to control pollution Cost effectiveness of. Emission Standards Advantages and disadvantages of Emission standards. UNIT IV ENVIRONMENTAL REGULATIONS THROUGH FISCAL,TECHNIQUES AND MARKET BASED APPROACH 18 hours. Effluent charges Pollution control through Effluent charges Optimal level of effluent. charges Effluent charges and pollution control technology Advantages and disadvantages of. Effluent charges Subsidies Comparison of Effluent charges and Subsidies Transferable. emission permits Carbon Trade Meaning Working of Transferable emission Advantages. and disadvantages of Emission standards, UNIT V ENVIRONMENTAL PROBLEMS AND POLICIES IN INDIA 18 hours. Environmental Quality in India Role of Government Environmental Laws Water. Prevention and Control of pollution Act Air Prevention and Control of pollution Act The. Environment Protection Act 1986 Environmental Movements CHIPKO APPIKO Save. Silent Valley Movement Save Narmada Movement Environmental Education. Self Study Portion,TEXT BOOKS,1 T Eugine Environmental Economics. 2 Ahmed Hussen Principles of Environmental Economics. 3 S Sankaran Environmental Economics,4 M Karpagam Environmental Economics.
Unit I Text Book 1 Chapter 1 2 Text Book 4 Chapter 14 16. Unit II Text Book 4 Chapter 2 3,Unit III Text Book 2 Chapter 5. Unit IV Text Book 2 Chapter 6 Text Book 3 Chapter 14 26 27. Unit V Text Book 3 Chapter 14 26 27,BOOKS FOR REFERENCE. 1 Pearce Environmental Economics,2 Arun C Vakil Economics of pollution. 3 Dr H S Bhatia Environmental pollution and control. 4 Varatharajan And Elango Environmental Economics,Prepared by Dr A KHAN MOHAMED. SEMESTER I ELECTIVE I,PERSONNEL MANAGEMENT,Course Code 17PEC1CE1B Max Marks 100.
Hours Week 6 Internal Marks 25,Credit 4 External Marks 75. Objectives, 1 To understand the Personnel management and personnel planning. 2 To acquire knowledge about health and safety measures. UNIT I PERSONNEL MANAGEMENT 18 hours, Personnel management Concept Nature Importance Functions and Scope Role of. Personnel Manager Qualities of Personnel Manager,UNIT II PERSONNEL CONTROL 18 hours. Personnel Policies Types of Policies Objectives Essentials of Sound Personnel. Policy Personnel Records Personnel Report Research and Audit. UNIT III PERSONNEL PLANNING 18 hours, Personnel Planning Concept Objectives Need and Importance Job Analysis Job.
Design Recruitment Selection Placement and Induction Carrier Development. UNIT IV TRAINING AND DEVELOPMENT 18 hours, Training Concept Need Importance and Objectives Types and Methods of training. On the Job and Off the Job Career Planning Meaning Objectives Advantages and. Limitations,UNIT V HEALTH AND SAFETY MEASURES 18 hours. Occupational Hazards and Diseases Protection Against Health Hazards Industrial. health Program Measures of Industrial Safety Employees Safety Significance of. occupational health,C B Memoria S V Gankar Personnel Management. Unit I Chapter 1 2,Unit II Chapter 3,Unit III Chapter 8. Unit IV Chapter 12 13,Unit V Chapter 29,BOOKS FOR REFERENCE.
1 C B Gupta Human Resource Management,2 R S Dwivedi Human Resource Management. Prepared by Dr A KHAN MOHAMED,SEMESTER II CORE V,ADVANCED MICRO ECONOMIC THEORY II. Course Code 17PEC2C5 Max Marks 100,Hours Week 6 Internal Marks 25. Credit 5 External Marks 75,Objectives, 1 To understand about factor price in the perfect and imperfect markets. 2 To have the basic idea about the general equilibrium theory. 3 To know the different welfare economic criteria of social welfare. 4 To understand about the basic knowledge of uncertainty linear programming and input. output analysis,UNIT I INDIVIDUAL BEHAVIOUR UNDER UNCERTAINTY.
Choice involving risk St Petersburg paradox and Bernoulli s Hypothesis N M utility. index under risky situation Attitude towards Risk Friedman Savage Hypothesis. UNIT II PRICING OF FACTORS OF PRODUCTION, Functional versus Personal distribution Marginal Productivity Theory Modern theory. of pricing of factors of production Ricardian theory of income distribution Marxian theory of. distribution,UNIT III GENERAL EQUILIBRIUM THEORY, Interdependence in the economy The Walrasian system Existence uniqueness. stability of equilibrium static properties of a general equilibrium state. UNIT IV WELFARE ECONOMICS, Criteria of social welfare Pareto optimality Kaldor Hicks and Scitovsky criterion. Maximisation of social welfare Welfare Maximisation and perfect competition critique and. UNIT V MARKET WITH ASYMMETRIC INFORMATION, Introduction The Market for Lemons Asymmetric Information and the Market failure. The Adverse selection Measures Adopted to Solve the Problem of Adverse selection The. Insurance Market and Adverse selection The problem of Moral Hazard Moral Hazard and. Allocative Inefficiency Market signaling The Principal Agent Problem in public enterprises. Efficiency Wage theory,BOOK FOR STUDY, Advanced Economic Theory Micro Economic Analysis By H L Ahuja sixteenth edition July.
Unit I Pages 697 to 734,Unit II Pages 735 to 812,Unit III Pages 815 to 831. Unit IV Pages 832 to 836,Unit V Pages 879 to 894,REFERENCES. 1 A Koutsoyiannis Modern Micro Economic Theory, 2 H L Ahuja Advanced Economic Theory Micro Economics. 3 Boulding Economic Analysis,4 Benham Economics,5 C E Ferguson Micro Economic Theory. Prepared by Dr D KUMAR,SEMESTER II CORE VI,MONETARY ECONOMIC THEORY.
Course Code 17PEC2C6 Max Marks 100,Hours Week 6 Internal Marks 25. Credit 5 External Marks 75,Objectives, 1 To understand the basic concepts of money supply and macro economics policies. 2 To have an insight into the classical and Keynesian and post Keynesian theories and the. development of monetarism,UNIT I VALUE OF MONEY, Cash Transactions Approach Cash Balance approach Keynes Reformulated Quantity. theory of money Friedman s Restatement of quantity theory of money. UNIT II KEYNESIAN AND POST KEYNESIAN THEORIES OF DEMAND FOR. Liquidity preference approach Patinkin s Real balance effect Baumol s inventory. approach Tobin s Risk aversion theory,UNIT III MONETARIST REVOLUTION. Main features of monetarism Policy differences between monetarism and Keynesianism. Criticism of monetarism,UNIT IV MONEY SUPPLY, Meaning of money supply determinants of money supply Measures of Money supply in.
India Budget deficits and money supply Impact of deficit in Balance of payments and large. capital inflows on money supply Concept of sterilization. UNIT V MONETARY POLICY, Objectives of Monetary policy Qualitative and quantitative tools of Monetary policy. Brief note on Expansionary and Restrictive monetary policy limitations of monetary policy. self study,Text Books,1 M L Jhingan Macro Economic Theory 12th edition. 2 H L Ahuja Macro Economic theory and Policy 17 th edition. Unit I M L Jhingan Macro Economic Theory P 267 283. Unit II M L Jhingan Macro Economic Theory P 337 346 391 395. Unit III M L Jhingan Macro Economic Theory P 331 332. H L Ahuja Macro Economic theory and policy P 433 455. Unit IV H L Ahuja Macro Economic theory and policy P 363 369. Unit V M L Jhingan Macro Economic Theory P 545 567 583.

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