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VIKRAM DEB AUTONOMOUS COLLEGE

JEYPORE, KORAPUT, ODISHA - 764001

COURSE OF STUDIES

OF

BACHELOR DEGREE ARTS

CBCS

ADMISSION BATCH 2015 ONWARDS

ECONOMICS

Published by VIKRAM DEB AUTONOMOUS COLLEGE

JEYPORE, KORAPUT, ODISHA www.vikramdebcollege.org

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Three Year Degree Course Bachelor of Arts – Coures Structure

2015 Onwards ECONOMICS

1st Year 1st Semester C.C. – I 100 C.C. – II 100 AECC - Mil/Eng 50 G.E – I (Paper-I) 100 Total 350

2nd Semester C.C. – III 100 C.C. – IV 100 AECC – EVS 50 G.E. – II (Paper-I) 100 Total 350 2nd Year 3rd Semester C.C. – V 100 C.C. – VI 100 C.C. – VII 100 SEC – I (Eng. Comm) 50 G.E. – I (Paper I) 100 Total 450 4th Semester C.C. – VIII 100

C.C. – IX 100 C.C. – X 100 SEC – II (Subject Specific) 50 G.E. – II (Paper II) 100 Total 450 3rd Year 5th Semester C.C. – XI 100 C.C. – XII 100 DSE - I 100 DSE - II 100 Total 400 6th Semester C.C. – XIII 100

C.C. – XIV 100 DSE - III 100 DSE - II 100 Total 400

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VIKRAM DEB AUTONOMOUS COLLEGE, JEYPORE Three Years Degree Course

Bachelor of Arts C.B.C.S. Course Structure 1st

Year 1St emester Credit Total Marks Mid Sem Term End

Core - 1 6 100 20 80 Core - 2 6 100 20 80 AECC - MIL/Eng 2 50 10 40 Generic Elective - 1 Paper - 1 6 100 20 80 20 350

2nd emester Credit Total Marks Mid Sem Term End

Core - 3 6 100 20 80 Core - 4 6 100 20 80 AECC - EVS 2 50 10 40 Generic Elective - 2 Paper - 1 6 100 20 80 20 350

2nd Year 3rd Semister Credit Total Marks Mid Sem

Term End

Core - 5 6 100 20 80 Core - 6 6 100 20 80 Core - 7 6 100 20 80 SEC - I English Communicative 2 50 10 40 Generic Elective - 1 Paper - 2 6 100 20 80 26 450

4th Semister Credit Total Marks Mid Sem Term End

Core - 8 6 100 20 80 Core - 9 6 100 20 80 Core - 10 6 100 20 80 SEC - 2 Subject Specific Skills 2 50 10 40 Generic Elective - 2 Paper - 2 6 100 20 80 26 450

3RD Year 5th Semister Credit Total Marks Mid Sem

Term End

Core - 11 6 100 20 80 Core - 12 6 100 20 80 DSE - 1 6 100 20 80 DSE - 2 6 100 20 80 24 400

6th Semister Credit Total Marks Mid Sem Term End

Core - 13 6 100 20 80 Core - 14 6 100 20 80 DSE - 3 6 100 20 80

DSE - 4 (Project) 6 100

Viva-20 Presntation-20 60

24 400 Core Course 14 - 1400 marks

* AECC - Ability Enhancement Compulsory Course 2 – 100 marks

SEC - Skill Enhancement Courses - 2 - 100 marks DSE - Discipline Specific Elective 4 - 400 marks GE - Generic Elective - 4 - 400 marks Total Credit = 140

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ECONOMICS COURSE STRUCTURE Semester Paper Subject Marks Duration of

Exam 1st Year

1st sem. C.C. I INTRODUCTORY MICROECONOMICS 100 3 C.C. II MATHEMATICAL METHODS FOR

ECONOMICS-I 100 3

2nd Sem. C.C. III INTRODUCTORY MACROECONOMICS 100 3 C.C. IV MATHEMATICAL METHODS FOR

ECONOMICS II 100 3

2nd Year 3rd Sem. C.C. V MICROECONOMICS I 100 3

C.C. VI MACROECONOMICS I 100 3 C.C. VII STATISTICAL METHODS FOR

ECONOMICS 100 3

4th Sem. C.C. VIII MICRO ECONOMICS – II 100 3 C.C. IX MACRO ECONOMICS – II 100 3 C.C. X PUBLIC ECONOMICS 100 3

3rd Year 5th Sem. C.C. XI INDIAN ECONOMY - I 100 3

C.C. XII DEVELOPMENT ECONOMICS - I 100 3 6th Sem. C.C. XIII INDIAN ECONOMY - II 100 3

C.C. XIV DEVELOPMENT ECONOMICS - II 100 3 SKILL ENHANCEMENT COURSE

2nd Year 3rd Sem. SEC I COMMUNICATIVE ENGLISH 50 3 4th Sem. SEC II DATA ANALYSIS AND COMPUTER

APPLICATION 50 3

DISCIPLINE SPECIFIC ELECTIVE 3rd Year

5th Sem. DSE I AGRICULTURAL ECONOMICS 100 3 DSE II BASIC ECONOMATRICS / FINANCIAL

ECONOMICS 100 3

6th Sem. DSE III INTERNATIONAL ECONOMICS 100 3 DSE IV PROJECT 100 3

N. B.: 1) 20 % marks in each paper is allocated to Mid Semester Examination and 80 % marks allocated to term End Examination. 2) There shall be only one Mid Semester Examination in each Semester.

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1st Year Semester - I

Ability Enhancement Compulsory Course (AECC) MIL (Odia)

Full Marks : 50

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3 - _ÞbÊàþmþ ÒmþMÐeþ cËfjË[ö - _ÑfÐ]öÞbËþiZ kþeÞþQt_, Þ.jÞ.Aeçþ. `aîÞhjà, bÊþaÒ_hèeþ

4 - õÐÒ¯ÆÐNÞL bþÐiÐ aÞsÐ_eþ ]ÞNaÞ]ÞN - ÒL.aÞ. `p_ЯÆL, JXÞhÐ `ÐWÔ ÊªÆL õLÐh_ J õZ¯Æ_ jÕyÐ, bÊþaÒ_hèe

Mid Sem - 10

Term End - 40

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1st Year Semester - I

Ability Enhancement Compulsory Course for Arts (AECC) ENGLISH

Full Marks : 50

This course aims at enhancing the English language proficiency of undergraduate students in humanity, science and commerce streams to prepare them for the academic, social and professional expectations during and after the course. The course will help develop academic and social English competencies in speaking, listening, pronunciation, reading and writing, grammar and usage, vocabulary, syntax, and rhetorical patterns. Students, at the end of the course, should be able to use English appropriately and effectively for further studies or for work where English is used as the language of communication. Unit I Reading Comprehension [15] Locate and remember the most important points in the reading Interpret and evaluate events, ideas, and information Read "between the lines" to understand underlying meanings Connect information to what they already know Unit II Writing [15] 1. Expanding an Idea 2. Writing a Memo 3. Report Writing 4. Creative Writing 5. News Story 6. Setting in Creative Writing 7. Writing a Business Letter 8. Letters to the Editor 9. Précis Writing 10. CV & Resume Writing 11. Dialog writing 12. Covering Letter 13. Writing Formal Email 14. Elements of Story Writing 15. Note Making 16. Information Transfer 17. Interviewing for news papers Unit III Language functions in listening and conversation [06] 1. Discussion on a given topic in pairs 2. Speaking on a given topic individually (Practice to be given using speaking activities from the prescribed textbooks) Grammar and Usage [14] 1. Simple and Compound Sentences 2. Complex Sentences 3. Noun Clause 4. Adjective Clause 5. Adverb Clause 6. The Conditionals in English 7. The Second Conditional 8. The Third Conditional

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9. Words and their features 10. Phrasal Verbs 11. Collocation 12. Using Modals 13. Use of Passives 14. Use of Prepositions 15. Subject-verb Agreement 16. Sentence as a system 17. Common Errors in English Usage Book Prescribed Vistas and Visions: An Anthology of Prose and Poetry. (Ed.)Kalyani Samantray, Himansu S. Mohapatra, Jatindra K. Nayak, Gopa Ranjan Mishra, Arun Kumar Mohanty. OBS Texts to be studied ( For Arts) Prose Decoding Newspapers The Gold Frame Of Truth Lifestyle English Poetry Lines Composed a few miles above Tintern Abbey Sonnet 46 (Shakespeare) Pigeons All grammar and writing activities in the textbook

Mid Sem - 10

Term End - 40

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1st Year Semester - II

Ability Enhancement Compulsory Course (AECC) ENVIRONMENTAL STUDIES

Full Marks : 50

Unit - I Basic Concepts of Environment Ecological Factors; Air, Water, Soil, Light, Temperature, Biotic factors Ecosystem: Concepts, Structure and Function, Food Chain, Food Web, Ecological Pyramid, Energy Flow, Biogeochemical Cycle (Carbon Cycle, Nitrogen Cycle) Unit - II Environmental Pollution Air Pollution; Water Pollution, Industrial Pollution, Noise Pollution, Types of Pllutants, Sources and fate of Pollutants in the environment. Sewage treatment, Greenhouse Effect, Global Warming, Acid Rain. Unit - III Conservation of Natural Resourses Renewal and Non-Renewable resourcs, soil erosion and conservation, Forest Conservation, Wildlife Conservation, Pollution control Board and its function, Environmental education and awarness. Suggested Readings : 1. Fundamental of Ecology by E.P. Odum 2. Fundamental of Ecology by M.C. Dash 3. Ecology and Environment by P.D. Sharma 4. Concepts of Ecology by E.J. Kormondy 5. Fundamentals of Enviromental studies by N.K. Tripathy

6. Environmental studies by Dr. A.K. Panigrahi and Alaka Sahu 7. Parivesh Bigyana : Dr. Ranganath Mishra

Mid Sem - 10

Term End - 40

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2nd year Semester-III ENGLISH

Skill Enhancement Course SEC-I

COMMUNICATIVE ENGLISH Full Marks : 50

Unit – I Remedial Grammer

1. Subject - verb concord. 2. Use of much and many 3. Making interogative sentences 4. Clauses 5. Collocation 6. Subject - Predicate 7. Sytax 8. Words used as Different Parts of Speech 9. Articles 10. Linking verbs 11. Comparision of adverbs 12. Use of Cohesive Devices.

Unit – II 1. Paragraph Writing 2. News Reporting 3. Preparation of Minutes

Reading Skill Comprehension

1. Synonym 2. Antonym 3. Phrasal Verb 4. Rising and Falling Tone 5. Stress / Unstress

Unit – III Writing Skill

1. Idea Expansion 2. Memo Writing 3. C.V. & Resume Writing 4. Precis Writing

Letter Writing 1. Official Letter Or Business Letter Or Personal Letter

Mid Sem - 10

Term End - 40

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2nd year Semester-IV

Skill Enhancement Course SEC-II

DATA ANALYSIS AND COMPUTER APPLICATION Full Marks : 50

Unit -I Basics of Computers-History & Generation of Computers; Classification of Computers ;Basic Components & Organizations of Computers; Uses of Computers in Modern society-Scientific & Business Applications. Human Computer Interface: Types of software, Operating system as user interface, programming language and packages Unit -II Text Editor & Word Processor; Concept & Uses of Spread sheet; Operation & use of MS-Excel; Basics of Data Base-Table, records, data entry; Operating Principles of MS-Access; Document formation & presentation through MS-Power Point Unit -III Basic Statistical Functions and Analysis-Mean, Median, Mode,Standard Deviation, Correlation, Regresssion Methods &Techniques;Estimation of linear Trend Suggested Readings : 1.Fundamental of Computers-V Rajan 2.Computer for Beginners-Jaggi& Jain 3.Computer Fundamentals- B.Ram 4.Computer Today- Suresh K. Basandra

Mid Sem - 10

Term End - 40

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1st Year Semester - I

Core Course - ECONOMICS Core Course (C.C.) - I

INTRODUCTORY MICROECONOMICS Full Marks : 100

Course Description This course is designed to expose the students to the basic principles of microeconomictheory. The

emphasis will be on thinking like an economist and the course will illustratehow microeconomic concepts can be applied to analyze real-life situations. Unit I: Exploring the subject matter of Economics Why study economics? Scope and method of economics; the economic problem: scarcity and choice; the question of what to produce, how to produce and how to distribute output; science of economics; the basic competitive model; prices, property rights and profits; incentives and information; rationing; opportunity sets; economic systems; reading and working with graphs. Unit II: Supply and Demand: How Markets Work, Markets and Welfare Markets and competition; determinants of individual demand/supply; demand/supply schedule and demand/supply curve; market versus individual demand/supply; shifts in the demand/supply curve, demand and supply together; how prices allocate resources; elasticity and its application; controls on prices; taxes and the costs of taxation; consumer surplus; producer surplus and the efficiency of the markets. Unit III: The Households The consumption decision - budget constraint, consumption and income/price changes, demand for all other goods and price changes; description of preferences (representing preferences with indifference curves); properties of indifference curves; consumer's optimum choice; income and substitution effects; labour supply and savings decision - choice between leisure and consumption. Unit IV: The Firm and Market Structures Behaviour of profit maximizing firms and the production process; short run costs and output decisions; costs and output in the long run; Monopoly and anti-trust policy; government policies towards competition; imperfect competition Unit V: Input Markets Labour and land markets - basic concepts (derived demand, productivity of an input,marginal productivity of labour, marginal revenue product); demand for labour; inputdemand curves; shifts in input demand curves; competitive labour markets; and labourmarkets and public policy. Suggested Readings : 1. N. Gregory Mankiw (2012): Principles of Economics,6th edition, Cengage Learning India Private Limited, New Delhi 2. William A McEachern and SimritKaur (2012): Micro Econ: A South-Asian Perspective, Cengage Learning India Private Limited, New Delhi. 3. Karl E. Case and Ray C. Fair (2007): Principles of Economics, 8th Edition, Pearson Education Inc. 4. Joseph E. Stiglitz and Carl E. Walsh (2007): Economics, 4th Edition, W.W. Norton & Company, Inc.,New York.

Mid Sem - 20

Term End - 80

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Semester - I Core Course - ECONOMICS

Core Course (C.C.) - II MATHEMATICAL METHODS FOR ECONOMICS-I

Full Marks : 100 Course Description

This is the first of a compulsory two-course sequence. The objective of this sequence is to transmit the body of basic mathematics that enables the study of economic theory at theundergraduate level, specifically the courses on microeconomic theory, macroeconomictheory, statistics and econometrics set out in this syllabus. In this course, particulareconomic models are not the ends, but the means for illustrating the method of applyingmathematical techniques to economic theory in general. The level of sophistication atwhich the material is to be taught is indicated by the contents of the prescribed textbook. Unit - I: Preliminaries Sets and set operations; relations; functions and their properties; Number systems Unit - II: Functions of one real variable Types of functions- constant, polynomial, rational, exponential, logarithmic; Graphs and graphs of functions; Limit and continuity of functions; Limit theorems Unit - III: Derivative of a function Rate of change and derivative; Derivative and slope of a curve; Continuity and differentiability of a function; Rules of differentiation for a function of one variable; Application- Relationship between total, average and marginal functions Unit - IV: Functions of two or more independent variables Partial differentiation techniques; Geometric interpretation of partial derivatives; Partial derivatives in Economics; Elasticity of a function - demand and cost elasticity, cross and partial elasticity Unit - V: Matrices and Determinants Matrices: concept, types, matrix algebra, transpose, inverse, rank; Determinants: concept, properties, solving problems using properties of determinants, solution to a system of equations - Crammer's rule and matrix inversion method. Suggested Readings : 1. K. Sydsaeter and P. J. Hammond (2002): Mathematics for Economic Analysis. Pearson Educational Asia 2. A. C. Chiang and K. Wainwright (2005): Fundamental Methods of Mathematical Economics, McGraw Hill International Edition. 3. T. Yamane (2012): Mathematics for Economists, Prentice-Hall of India.

Mid Sem - 20

Term End - 80

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Semester - II Core Course - ECONOMICS

Core Course (C.C.) - III INTRODUCTORY MACROECONOMICS

Full Marks : 100 Course Description This course aims to introduce the students to the basic concepts of Macroeconomics. Macroeconomics deals with the aggregate economy. This course discusses thepreliminary concepts associated with the determination and measurement of aggregatemacroeconomic variable like savings, investment, GDP, money and inflation. Unit - I: Basic Concepts Macro vs. Micro Economics; Why Study Macroeconomics? Limitations of Macroeconomics ; Stock and Flow variables, Equilibrium and Disequilibrium, Partial and General Equilibrium Statics - Comparative Statics and Dynamics ; National Income Concepts - GDP, GNP, NDP and NNP at market price and factor cost; Personal Income and Disposable personal Income; Real and Nominal GDP Unit - II: Measurement of Macroeconomic Variables Output, Income and Expenditure Approaches ; Difficulties of Estimating National Income; National Income Identities in a simple 2- sector economy and with government and foreign trade sectors; Circular Flows of Income in 2, 3 and 4-sector; economies; National Income and Economic Welfare ; Green Accounting. Unit - III: Money Evolution and Functions of Money, Quantity Theory of Money - Cash Transactions, Cash Balances and Keynesian Approaches, Value of Money and Index Number of Prices Unit - IV: Inflation, Deflation, Depression and Stagflation Inflation - Meaning, Causes, Costs and Anti-Inflationary Measures; Classical, Keynesian, Monetarist and Modern Theories of Inflation, Deflation- Meaning, Causes, Costs and Anti-Deflationary Measurers, Depression and Stagflation; Inflation vs. Deflation Unit - V: Determination of National Income The Classical Approach - Say's Law, Theory of Determination of Income and Employment with and without saving and Investment; Basics of Aggregate Demand and Aggregate Supply and Consumption- Saving - Investment Functions, The Keynesian Approach - Basics of Aggregate Demand and Aggregate Supply and Consumption, Saving, Investment Functions; The Principle of Effective Demand; Income Determination in a Simple 2-Sector Model; Changes in Aggregate Demand and Income- The Simple Investment Multiplier; Income Determination in a 3-Sector Model with the Government Sector and Fiscal Multipliers Suggested Readings : 1. N. Gregory Mankiw (2010):Macroeconomics, 7th edition, Cengage Learning India Private Limited, New Delhi 2. Richard T. Froyen (2005): Macroeconomics, 2nd Edition, Pearson Education Asia, New Delhi. 3. Errol D'Souza (2009): Macroeconomics, Pearson Education Asia, New Delhi. 4. Shapiro 5. D N Dwivedi

Mid Sem - 20

Term End - 80

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Semester - II Core Course - ECONOMICS

Core Course (C.C.) - IV MATHEMATICAL METHODS FOR ECONOMICS II

Full Marks : 100 Course Description This course is the second part of a compulsory two-course sequence. This part is to be taught in Semester II following the first part in Semester I. The objective of this sequenceis to transmit the body of basic mathematics that enables the study of economic theory atthe undergraduate level, specifically the courses on microeconomic theory,macroeconomic theory, statistics and econometrics set out in this Syllabus. In this course,particular economic models are not the ends, but the means for illustrating the method ofapplying mathematical techniques to economic theory in general. The level ofsophistication at which the material is to be taught is indicated by the contents of the prescribed textbook. Unit - I: Linear models: Input- Output Model: Basic concepts and structure of Leontief's open and static Input-Output model; solution for equilibrium output in a three industry model; The closed model Unit - II: Second and higher order derivatives: Technique of higher order differentiation; Interpretation of second derivative; Second order derivative and curvature of a function; Concavity and convexity of functions; Points of inflection Unit - III: Differentials and total derivatives: Differentials and derivatives; Total differentials; Rules of differentials; Total derivatives; Derivatives of implicit functions Unit - IV:Single and multivariable optimisation: Optimum values and extreme values; Relative maximum and minimum; Necessary versus sufficient conditions - First and Second derivative tests; Economic applications thereof, First and second order condition for extremum of multivariable functions; Convex functions and convex sets Unit - V: Optimisation with Equality Constraints: Effects of a constraint; Finding stationary value - Lagrange-Multiplier method(Two variable single constraint case only): First and second order condition;The Bordered Hessian determinant. Suggested Readings : 1. K. Sydsaeter and P. J. Hammond (2002): Mathematics for Economic Analysis. Pearson Educational Asia 2. A. C. Chiang and K. Wainwright (2005): Fundamental Methods of Mathematical Economics, McGraw Hill International Edition. 3. T. Yamane (2012): Mathematics for Economists, Prentice-Hall of India

Mid Sem - 20

Term End - 80

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2nd Year Semester - III

Core Course - ECONOMICS Core Course (C.C.) - V

MICROECONOMICS I Full Marks : 100

Course Description The course is designed to provide a sound training in microeconomic theory to formally analyze the

behavior of individual agents. Since students are already familiar with the quantitative .techniques in the previous semesters, mathematical tools are used to facilitate understanding of the basic concepts; this course looks at the behavior of the consumer and the producer and also covers the behavior of a competitive firm. Course Outline Unit I: Consumer Theory I Economic Models: Theoretical Model, Verification of Economic Model, General Feature of Economic Model, Development of Economic Theory of Value, Modern Developments; Preferences and Utility: Axioms of Rational Choice, Utility, Trades and Substitutions, The Mathematics of Indifference Curves, Utility Functions for Specific Preferences, The Many- Good case; Utility Maximization and Choice: The Two-Good Case (Graphical Analysis), The n-Good Case, Indirect Utility Function, The Lump Sum Principle, Expenditure Minimization, Properties of Expenditure Function Unit II: Consumer Theory II Income and Substitution Effects: Demand FunctionsvChanges in Income, Changes in a Good's Price, The Individual's Demand Curve, Compensated (Hicksian) Demand Curves and Functions, Demand Elasticities, Consumer. Surplus; Demand Relationships among Goods: The Two-Good Case, Substitutes and Complements, Net (Hicksian) Substitutes and Complements, Substitutability with Many Goods, Composite Commodities, and Home Production, Attributes of Goods and Implicit Prices Unit III: Production Theory Marginal Productivity, Isoquant Maps and the Rate of Technical Substitution, Production with One Variable Input (labour) and with Two-Variable Inputs, Returns to Scale, Four Simple Production Functions (Linear, fixed Proportions, Cobb-Douglas, CES), Technical Progress . Unit IV: Cost Functions Definition of Costs, Cost Functions and its Properties, Shift in Cost Curves, Cost in the Short-Run and Long-Run, Long-Run versus Short-Run Cost Curves, Production with Two Outputs -:-Economies of Scope· Unit V: Profit lVIaXimization . . . The Nature and Behaviour of Firms, Profit Ma:xirnization,Marginal Revenue, Short-Run Supply by Price-Taking Firm, Profit: Functions and its Properties, Profit Maximization and Input Demand-- Single-Input Case and Two-Input Case. Suggested Readings : 1. C. Snyder and W: Nicholson-(2012):Microeconomic Theory: Basic Principles and Extensions, 11th Edition Cengage Learning, Delhi, India. 2. R. S. Pindyck, D. N. Rubinfeld and P. LvMeheta (2009): Microeconomics, 7th Edition, PearsonvNew Delhi. . . 3. H. R. Varian·. (2010): Intermediate Microeconomics: A Modern Approach.8th Edition, W.W.· Norton and Company/Affiliated East-West Press- (India). The work book by Varian and Bergstrom may be used for problems.

Mid Sem - 20

Term End - 80

17

Semester - III Core Course - ECONOMICS

Core Course (C.C.) - VI MACROECONOMICS I

Full Marks : 100 Course Description

This course introduces the students to formal modeling of a macro-economy in terms analytical tools. It discusses various alternative theories of output and employment determination in a closed economy in the short run as well as medium run, and the role of policy in this context. It also introduces the students to various theoretical issues re1atedto an open economy: Unit I: Consumption Function Consumption - Income Relationship, Propensities to Consume and ,the Fundamental Psychological Law of Consumption; Implications of Keynesian Consumption Function; Factors Influencing Consumption Function; Measures to Raise Consumption Function; Absolute, Relative, Permanent and Life – Cycle Hypotheses Unit II: Investment Function Autonomous' and Induced Investment, Residential Investment and Inventory Investment, Determinants of Business Fixed Investment, Decision to Invest and MEC, Accelerator and. MEI Theories of Investment. Unit III: Demand for and Supply of Money Demand for Money· - Classical, Neoclassical and Keynesian Approaches, The Keynesian Liquidity Trap and its Implications, Supply of Money – Classical and Keynesian Approaches, The Theory of Money Supply Determination and Money Multiplier, Measures of Money Supply in India Unit IV Aggregate Demand and Aggregate Supply Derivation of Aggregate Demand and Aggregate Supply Curves in the IS-LM Framework; Nature and Shape of IS and LM curves; Interaction of IS and LM curves and Determination of Employment, Output, Pricesand Investment; Changes in IS and LM curves and their Implications for Equilibrium Unit V: Inflation,· Unemployment and Expectations, and Trade Cycles Inflation -:-Unemployment Trade off and the Phillips Curve>- Short run and Long run Analysis; Adaptive and· Rational Expectations; The Policy Ineffectiveness Debate; Meaning and Characteristics of Trade Cycles; Hawtrey's Monetary Theory, Hayek's Over-investment Theory and Keynes' views on Trade Cycles Suggested Readings : 1. N. Gregory Mankiw (2010): Macroeconomics, 7th edition Cengage Learning India Private Limited, New Delhi. 2. Richard T. .Froyen (2005): Macroeconomics, 2nd Edition, Pearson Education Asia, New Delhi. 3. Errol D'Souza (2009): Macroeconomics, Pearson Education Asia, New Delhi.

Mid Sem - 20

Term End - 80

18

Semester - III Core Course - ECONOMICS

Core Course (C.C.) - VII STATISTICAL METHODS FOR ECONOMICS

Full Marks : 100 Course Description This is a course on statistical methods for economics. It begins with some basic concepts and terminology that are fundamental to statistical analysis and inference. It then develops the notion of.probability, followed by probability distributions of discrete and coritinuous random variables and of joint distributions. This is followed by a discussion on sampling techniques used to collect survey data. The course introduces the notion of sampling distributions that act as a bridge between probability theory and statistical inference. The semester concludes with some topics in statistical inference that include point and interval estimation. Unit I: Data Collection and measures of central tendency and dispersion Basic concepts: population and sample, parameter and statistic; Data Collection: primary and secondary data, methods of collection of primary data; Presentation of Data: frequency distribution; cumulative frequency; graphic and diagrammatic representat.ion of data; Measures of Central Tendency: mean, median, mode, geometric mean, harmonic mean, their relative merits and demerits; Measures of Dispersion: absolute and relative - range, mean deviation, standard deviation, coefficient of variation, quartile deviation, their merits and demerits; Measures of skewness and kurtosis. Unit II: Correlatton Analysis Correlation: scatter diagram, sample correlation coefficient - Karl Pearson's .correlation' coefficient and its properties,probable error of correlation coefficient, Spearman's rank correlation coefficient, partial and multiple correlation. Unit III: Regression Analysis Two variable linear regression analysis - estimation of .regression lines (Least square method) and regression coefficients _.their interpretation and properties, standard error of estimate . Unit IV: Time Series and Index Number Time Series: definition and components, measurement of trend- free hand method, methods of semi-average, moving average and method of least squares (equations of first and second degree orily), measurement of seasonal component; Index' Numbers: Concept, price relative, quantity relative and value relative; Laspeyer's and Fisher's index, family budget method, problems iriconstruction and limitations of index numbers, test for ideal index number. Unit V: Probability theory Probability: Basic concepts, addition and multiplication rules, conditional probability; Random variables' and their probability distribution; Mathematical expectations; Theoretical Distribution: .normal distribution - Properties and uses; problems using area under standard riormal curve Suggested Readings : 1. Jay L. Devore :Probability and Statistics for Enqineerinq and the Sciences, Cengage learning, 2010.

2. S. C. Gupta: Fundamentals of Statistics, Himalaya Publishing House, Delhi

3. Murray R. Speigel:' Theory &Problems 'of Statistics, Schaum's publishing Series.

Mid Sem - 20

Term End - 80

19

Semester - IV Core Course - ECONOMICS

Core Course (C.C.) - VIII MICROECONOMICS II

Full Marks : 100 Course Description This course is a sequel to Microeconomics 1. The emphasis will be on giving conceptual clarity to the student coupled 'with the use of mathematical tools and reasoning. It covers Market, general equilibrium and welfare, imperfect markets and topics under information economics. Unit I: The Partial Equilibrium Competitive Model Market Demand, Timing of the ·Supply Response, Pricing in the Very Short-Run, Short- Run Price Determination, Shifts in Supply and Demand Curves - a Graphical Analysis, Mathematical Model of Market Equilibrium, Long-Run Analysis: Long-Run Equilibrium- Constant Cost Case, Shape of the Long-Run Supply Curve, Long-Run Elasticity of Supply, Comparative Statics An analysis of Long-Run Equilibrium, ~Producer Surplus in the Long-Run, Economic Efficiency and Welfare Analysis, Price Controls and Shortages, Tax Incidence Analysis Unit II: General Equilibrium and Welfare Perfectly Competitive Price System, A Graphical Model of General Equilibrium with Two Goods, Comparative Statics Analysis, General Equilibrium Modeling and Factor Prices, A Mathematical Model of Exchange, A Mathematical Model of Production and Exchange, Computable General Equilibrium Models Unit III: Monopoly Barriers to Entry, Profit Maximization and'. Output Choice, Monopoly and resource Allocation, Monopoly, Product Quality and Durability, Price Discrimination, Second Degree Price Discrimination through Price Schedules, Regulation of Monopoly, Dynamic Views of Monopoly Unit IV: Imperfect Corupletfon Short-Run Decisions: Pricing and Output, Bertrand Model, Cournot Model, Capacity Constraints, Product Differentiation, Tacit Collusion, Longer-Run Decisions: Investment, Entry and Exit, Strategic Entry Deterrence, .Signaling, How many firms Enter? Innovation Unit V: Labour Markets Allocation of Time, A mathematical Analysis of Labour Supply, Market Supply Curve for Labour, Labour Market equilibrium, Wage variation, Monopsony in the Labour Market, Labour Union Suggested Readings : L C. Snyder andW. Nicholson (2012): Microeconomic Theory: Basic Principles and Extensions, 11th Edition, Cengage Learning, Delhi, India 2. R. S. Pindyck, D. N. Rubinfeld and P. 1: Meheta (2009j: Microeconomics, 7th Edition, Pearson, New Delhi. 3. H. R. Varian. (2010): Intermediate Microeconomics: A Modern Approach,8th Edition, W.W. Norton and Company / Affiliated East-West Press (India). The workbook by Varian arid Bergstrom may be used for problems.

Mid Sem - 20

Term End - 80

20

Semester - IV Core Course - ECONOMICS

Core Course (C.C.) – IX MACROECONOMICS II

Full Marks : 100 Course Description This course is a sequel to Macroeconomics 1. In this course, the studentsareintroduced to the long run dynamic issues like growth and technical progress. It also provides the micro-foundations to the various aggregative concepts used in the previous course. Unit I: Financial Markets and Reforms Features of Financial Markets, Functions of Financial Markets, Banks and Financial Markets, Adverse Selection and Moral Hazard, Risk and Supply of Credit, The Determination of Banks Asset Portfolio, Financial Repression and Major Financial Sector Reforms in India, Lessons from the Global Financial Crisis and the Policy Response in India Unit II: Open Economy Macroeconomics Balance of payments- Concept, Equilibrium and Disequilibrium, Measures to Correct Disequilibrium, Determination of Foreign Exchange Rate- the PPP Theory and its Implications, Fixed vs.· Flexible Exchange Rates, The Short-run open economy Model, the basic Mundell-Fleming Model. International Financial Markets Unit III: Modelling Economic Growth The Basic Harrod- Domar Model, Joan Robinson and the Golden Rule of Capital Accumulation, The Basic Solow Model, Theory of Endogenous Growth – the Rudimentary A-K Model Unit IV:MacroeconomicPolicy The Goals of Macroeconomic Policy and of Policy Makers, The Budget and Automatic Fiscal Stabilisers, The Doctrine of Balanced Budget and Keynesian Objections; Concepts of Budget, Revenue and Fiscal Deficits, Fiscal Policy: Objectives and Limits to Discretionary Policy, The Crowdirig -Out Hypothesis and the Crowding - in Controversy Meaning, Scope and Objectives of Monetary Policy, Instruments of Monetary Policy, the Transmission Mechanism OfMonetary Policy. Rules Vs Discretion in Monetary Policy, Implications ·of Targeting the Interest Rate; Limits to Monetary Policy. Unit V: Schools of Macroeconomic Thought and the Fundamentals of Macroeconomic Theory arid Policy Classics, Keynes, Monetarists; New.Classicals and New Keynesians: (i) Keynes vs. the· Classics - Aggregate Demand and Aggregate Supply, Underemployment Equilibrium and Wage 'Price Flexibility, (ii) 'Monetarists and· Friedman's Reformulation of Quantity Theory, .Fiscal and: Monetary Policy: Monetarists vs. Keynesians, (iii) The New Classical View of Macroeconomics and the Keynesian. Couritercritique, '(iv) The New Keynesian Economics with reference to the Basic Features of Real Business Cycle Models; the Sticky Price Model.. Suggested Readings : 1. N.GregoryMankiw (2010): Macroeconomics, 7th edition, Cengage Learning India Private Limited, New Delhi 2. Richard T. Froyen (2005): Macroeconomics, 2nd Edition, Pearson Education Asia, New Delhi. . 3. Errol D'Souza (2009): Macroeconomics, Pearson Education Asia, New Delhi.

Mid Sem - 20

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21

Semester - IV Core Course - ECONOMICS

Core Course (C.C.) – X PUBLIC ECONOMICS

Full Marks : 100 Course Description Public economics is the study of government policy from the points of view of economic efficiency and equity. The paper deals with the nature of government intervention and itsimplications for allocation, distribution and stabilization. Inherently, this study involves aformal analysis of government taxation and expenditures. The subject encompasses a hostof topics including public goods, market failures and externalities. The paper is dividedinto two sections, one dealing with the theory of public economics and the other with theIndian public finances. Unit I: Introduction to public finance Public Finance: meaning and scope, distinction between public and private finance; public good verses private good; Principle of maximum social advantage; Market.failure and role of government; Unit II: Public Expenditure. Meaning, classification, principles, cannons and effects, causes of growth of public expenditure, Wagner's law of increasing state activities, Peacock-Wiseman hypotheses Unit III: Public Revenue Sources of Public Revenue; Taxation - meaning, cannons and classification of taxes, impact and incidence of taxes, division of tax burden, the benefit and ability to pay approaches, taxable capacity, effects of taxation, characteristics of a good tax system, major trends in tax revenue of central and state governments in India. Unit IV: Public Budget Public Budget: kinds of budget, economic and functional classification of the budget; Balanced and unbalanced budget; Balanced budget multiplier; Budget as an instrument of economic policy. Unit V: Public Debt Sources,effects, debt burden - Classical, Ricardian and other views, shifting intergenerational. equity, methods of debt redemption, debt .management, tax verses debt; Suggested Readings : l. J.Hindriksand .G. Myles (2006):·Jntemiediate Public Economics, MIT Press. . . 2. R:A.· Musgrave and P. B. Musgave(1989): Public Finance in Theory and Practices. McGraw Hill . 3. B. P. Herber( 1975) : Modem Public Finance. 4. B. Mishra (1978): Public Finance, Macmillan India limited.

Mid Sem - 20

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22

3rd Year Semester - V

Core Course - ECONOMICS Core Course (C.C.) – XI

INDIAN ECONOMY-I Full Marks : 100

Course Description Using appropriate analytical frameworks, this course reviews major trends in economic indicators and policy debates in India in the post-Independence period, with particularemphasis on paradigm shifts and turning points. Given the rapid changes taking place in India, the reading list will have to be updated annually. Unit I: lntroduction to Indi.an Economy British Rule: exploitation and under development in India; features of Indian economy - natural resources, infrastructure, population; Unit II: Population and Human Development Demographic trends and issues; education; health and malnutrition Unit III: National Income in India Nationalincome: tends, sectoral composition; Unit IV: Economic Planning in India Economic planning: Planning Commission and its functions, Planning exercises in India, Objectives, Strategies and achievements. Unit V: Current Challenges Poverty: definition and estimate, poverty line, poverty alleviation programs; Inequality: income and regional inequality - causes arid corrective measures; Unemployment: concepts, measurement,types, causes and remedies; Environmental challenges: Land, water and air Suggested Readings : 1. U. .Kapila(2010):Indian economy SInce Independence. Academic Foundation, New Delhi . 2. S. K. Misra and V. K. Puri(Latest Year):Indian Economy - Its Development Experience, Himalaya Publishing House, Murnbai 3. S. Chakraborty0: Development Planning: The Indian Experience. Clarendon Press. 4. R. DuttanelK. P. M, Sundharam(Latest Year): Indian Economy, S. Chand &Company Ltd. , New Delhi. . 5. A. Panagariya(2008): India: the Emerging Giant, Oxford University Press, New York. 6: S. Acharya and R. Mohan (Eds.) (2010): India1s Economu: Performance and Challenges; Oxford University Press,' New Delhi. 7. I. J. Ahluwalia and 1. M. D: Little (Eds.) (1998): India's Economic Reforms and Development: Essays for Manmohan Singh, Oxford University Press, New Delhi.

Mid Sem - 20

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Semester - V Core Course - ECONOMICS

Core Course (C.C.) – XII DEVELOPMENTECONOMICS-I

Full Marks : 100 Course Description This is the first part of a two-part course on economic development. The course begins with a discussion of alternative conceptions of development and their justification. Itthen proceeds to aggregate models of growth and cross-national comparisons of the growth experience that can help evaluate these models. The axiomatic basis for inequalitymeasurement is used to develop measures of inequality and connections between growthandinequality are explored. The course ends by linking political institutions to growthand inequality by discussing the role of the state in economic development and theinformational and incentive problems that affect state governance. Unit I: Conceptions of Development Economic development, Economic growth and development, Factors affecting economic development, Obstacles to economic development, Indicators of economic development - National income, Per capita income; Basic needs approach, PQLI, HDI, GDI, Capital formation and economic development, Vicious circle of poverty, circular causation. Alternative measures of development, documenting the international variation in these measures, comparing development trajectories across nations and within them. Unit II: Theories of Economic Development & Growth Classical theory, Marxian theory of capitalist development, Schumpeterian theory of capitalist development, Harrod-Demar model of steady growth, Neo-Classical growth Model- Solow, Rostow's stages of economic growth Unit III: Growth Models and Empirics The endogenous growth rriodels, (Romar& Lucas), Human Capital & Growth.Evidence on the determinants of growth, Patterns of Economic Growth, Geography vs institution Debate. Unit IV: Poverty and Inequality: Definitions, Measures and Mechanisms , Understanding Prosperity and Poverty: Geography, Institutions, and the Reversal ofFortune, Measuring Poverty, Inequality axioms; a comparison of commonly. Used inequality measures; connections between inequality and development; poverty measurement; characteristics of the poor; mechanisms that generate poverty traps and path dependence' of growth processes Unit V: PolttfcalInstltutfonsand the Functioning of the State Public Goods and Economic Development, State ownership and regulation, government failures, Corruption and Development, The determinants of democracy; alternative institutional trajectories and' their relationship with economic performance; withincountrydifferences in the functioning of state institutions. Suggested Readings : l. Debraj Ray (2009): Development Economics, Oxford University Press . 2. Parthafrasgupta (2007): Economics, AVeri; Short Introduction, Oxford University Press. 3. Abhijit Banerjee, Roland Benabou and DilipMookeIjee (2006): Understanding Poverty, Oxford University Press . 4. AmartyaSen (2000): Deueiopmeni as Freedom, OUP. 5. DaronAcemogluand James Robinson (2006): Economic Oriqins of Dictatorship and Democracy, Cambridge University Press. 6. Robert Putnam (1994): Making Democracy. Work: Civic Traditions in Modem Italy, Princeton University Press.

Mid Sem - 20

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24

Semester - VI Core Course - ECONOMICS

Core Course (C.C.) – XIII INDIAN ECONOMY-II

Full Marks : 100 Course Description This course examines sector-specific polices and their impact in shaping trends in key economic indicators in India. It highlights major policy debates and evaluates the Indianempirical evidence. Given the rapid changes taking place in the country, the reading listwill have to be updated annually. Unit I :Agricultural Development in India Indian Agriculture: nature, importance, trends in agricultural production and productivity, factors determining production, land reforms, new agricultural strategies and green revolution, rural credit; Agricultural marketing and warehousing. Unit II: Industrial Development in India Trends in industrial output and productivities; Industrial Policies of 1948, 1956, 1977 and 1991; Industrial Licensing Policies - MRTP Act, FERA and FEMA; Growth and problems of SSIs, Industrial sickness; Industrial finance; Industrial labour Unit III: Tertiary Sector and HRD Tertiary Sector: growth and contribution of service sector to GDP of India, share of services in· employment; Human· development - concept, evolution, measurement; HRD: indication, importance, education in India, Indian educational policy; Health and Nutrition. Unit IV: External Sector Foreign Trade: role, composition and direction of India's foreign trade, trends of export and import in India, export promotion verses import substitution. Unit V : Balance of Payments of -India. Tndia's Trade Policies; Foreign Capital - FDI, Aid and MNCs. Suggested Readings : 1. U..Kapila(2010):Indian . economySInce Independence. Acaderriic Foundation, New Delhi . . 2. S. K. Misra and V. K. ·Puri (Latest Year).:IndianEconorny- Its Development Experience, Himalaya Publishing House, Mumbai . 3. S. Chakraborty(j: Development Planning: The Indian Experience. Clarendon Press. . 4. R: Dutt and K. P. M, Sundhara:tn(Latest Year): Indian ·Economy, S. Chand & Company Ltd., New Delhi. . 5. A: Panagariya (2008): India: the Emerging Giant, Oxford University Press, .New York. 6. S. Acharya and R: Mohan (Eds.) (2010): India's Economy: Performance and. Challenges, Oxford 'University Press, New Delhi. 7. 1. J. Ahluwalia·ancCi.M. D. Little (Eds.) (1998): India's Economic Reforms and Development: Essays for Manmonari Singh, Oxford University Press, New Delhi.

Mid Sem - 20

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25

Semester - VI Core Course - ECONOMICS

Core Course (C.C.) – XIV DEVELOPMENT ECONOMICS-II

Full Marks : 100 Course Description This is the second module of the economic development sequence. It begins with basic demographic concepts and their evolution during the process of development. .The structure of markets an d contracts is linked to the particular problems of enforcement experienced in poor countries. The governance of communities and organizations is studied and this is then linked to questions of sustainable growth. The course ends with reflections on the role of globalization and increased international dependence on the process of development. Unit I: Demography and Development Demographic concepts; birth and death rates, age structure, fertility and mortality; demographic transitions during the process of development; gender bias in preferences and outcomes and evidence on unequal treatment within households; connections between income, mortality, fertility choices and human capital accumulation; migration. Unit II: Land, Labor and Credit Markets The. Role of Agriculture in Development, The distribution of land ownership; land reform and its effects on productivity; contractual relationships between tenants and landlords; land acquisition; nutrition and labor productivity; informational problems and credit contracts; microfinance; inter linkages between rural' factor markets. Credit, Intermediation, and Poverty Reduction, Risk faced by poor. Unit III: Individuals, Communities and Collective Outcomes Individual behavior in social environments, multiple social equilibria; governance in organizations and in communities; individual responses to organizational inefficiency Unit IV: Environment and Sustainable Development Defining sustainability for renewable resources; a brief history of environmental change; common-pool resources; environmental externalities and state regulatiori of the environment; economic activity and climate 'change Unit V: Globalization Globalization' in historical perspective; the .economics and politics of multilateral agreements; trade, production patterns and world inequality; financial instability in a globalized world, Political Economy of Foreign Aid & Development Suggested Readings : 1. DebrajRay (2009): Development Economics, Oxford University Press. 2. Parthafrasgupta (2007): Economics, A Very Short Introduction,OxfordUniversity Press. 3. Abhijit Banerjee, Roland Benabou and DilipMookerjee (2006): Understanding Poverty, Oxford University Press. 4.' Thomas Schelling (1978): MicromotiuesandMacrobehauior, W. W. Norton. 5. Albert O. Hirschman (1970) Exit, Voice and Loyalty: Responses to Decline in Firms, Organizations and States, Harvard University Press. 6. ElinorOstrom (1990): Governing the Commons: The Evolution of Institutions for Collective Action, Cambridge University Press. 7. DaniRodrik (2011): The Globalization Paradox: Why Global Markets, States and Democracy. Can't Coexist; Oxford University Press. '. 8. Michael D.' Bordo, Alan M. Taylor and Jeffrey G. Williamson (ed.) (2003): Globalization in Historical Perspective, University of Chicago Press.

Mid Sem - 20

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26

3rd Year Semester-V

ECONOMICS DISCIPLINE SPECIFIC ELECTIVE (DSE)

DSE-I AGRICULTURAL ECONOMICS

Full Marks : 100

Course Objective The course aims to deepen student’s understanding of how economic theory can be applied to problems of agricultural sector. Unit -I: Introduction Definition, scope and nature of agricultural economics; Need for a separate study of agricultural economics. Agricultural Linkages with other sectors, Role of agriculture in economic development, Declining importance of agriculture in Economic development. Unit -II: Production Function Analysis Factor-Product, Factor-Factor and Product-Product relationships.Types of farm organisations and their comparative production efficiency. Unit -III: Transformation of Agriculture Schultz thesis of transformation of traditional agriculture, Green Revolution and its Impact on Indian Agriculture. Need for second green revolution. New Agriculture Policy, WTO and Indian Agriculture. Unit -IV: Agricultural Credit Importance of credit, Need for Government intervention, agricultural credit system in India, Co-operative credit: NABARD, Land Development Bank,Regional Rural Banks, commercial banks. Problems of small and medium farmers in getting agricultural finance. Unit -V: Agricultural Price Policy Need, Objectives, and instruments of agricultural price policy; Shortcomings of price policy, Suggestions for improvement in price policy, Agricultural price policy in India. Suggested Readings : 1. Soni R.N. (2005) : Leading Issues in Agricultural Economics 2. Heady, E O (1964): Economics of Agricultural Production and Resource Use.Prentice-Hall of India Pvt. Ltd., New Delhi. 3. Metacalf, D (1969) : The Economics of Agriculture, Penguin 4. Sadhu andSingh : Agricultural Economic

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27

3rd Year Semester-V

ECONOMICS DSE-II

MONEY AND FINANCIAL MARKETS Full Marks : 100

Course Description This course exposes students to the theory and functioning of the monetary and financial sectors ofthe economy. It highlights the organization, structure and role of financial markets and institutions. It also discusses interest rates, monetary management and instruments of monetary control. Financial and banking sector reforms and monetary policy with special reference to India are also covered. Course Outline Unit -I: Money Concept, functions, measurement; theories of money supply determination. Unit -I Financial Institutions, Markets, Instruments and Financial Innovations a. Role of financial markets and institutions; problem of asymmetric information - adverse selection and moral hazard; financial crises. b. Money and capital markets: organization, structure and reforms in India; role of financial derivatives and other innovations . Unit -III : Interest Rates Determination; sources of interest rate differentials; theories of term structure of interest rates; interest rates in India. Unit -IV : Banking System a. Balance sheet and portfolio management. b. Indian banking system: Changing role and structure; banking sector reforms. Unit -V: Central Banking and Monetary Policy Functions, balance sheet; goals, targets, indicators and instruments of monetary control; monetary management in an open economy; current monetary policy of India. Suggested Readings : 1. F. S. Mishkin and S. G. Eakins, Financial Markets and Institutions, Pearson Education, 6th edition, 2009. 2. F. J. Fabozzi, F. Modigliani, F. J. Jones, M. G. Ferri, Foundations of Financial Markets and Institutions, Pearson Education, 3rd edition, 2009. 3. M. R. Baye and D. W. Jansen, Money, Banking and Financial Markets, AITBS, 1996. 4. Rakesh Mohan, Growth with Financial Stability- Central Banking in an Emerging Market, Oxford University Press, 2011. 5.1. M. Bhole and J. Mahukud, Financial Institutions and Markets, Tata McGraw Hill, 5th edition, 2011. 6. M. Y. Khan, Indian Financial System, Tata McGraw Hill, 7th edition, 2011. 7. N. Jadhav, Monetary Policy, Financial Stability and Central Banking in India, Macmillan, 2006. 8. R.B.I. - Report of the Working Group: Money Supply Analytics and Methodology of Compilation, 1998. 9. R.B.I. Bulletin, Annual Report and Report on Currency and Finance (lates

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28

3rd Year Semester-VI

ECONOMICS DSE-III

INTERNATIONAL ECONOMICS Full Marks : 100

Course Description This course develops a systematic exposition of models that try to explain the composition, direction, and consequences of international trade, and the determinants and effects of trade policy. It concludes with an analytical account of the causes and consequences of the rapid expansion of international financial flows in recent years. Although the course is based on abstract theoretical models, students will also be exposed to real-world examples and case studies. Course Outline Unit I: Introduction What is international economics about? Distinction between Internal and International Trade, Gains from international trade.Arguments for and against Free Trade and Protection, An overview of world trade. Unit II: Theories of International Trade Classical theory of International Trade: Adam Smith’s Absolute AdvantageTheory; Ricardo’s Comparative Cost Theory; Hecksher-Ohlin Theory of International Trade, terms of trade, Secular Deterioration in Terms of Trade. Unit III: Trade Policy Instruments of trade policy; political economy of trade policy; controversies in trade policy, firms in the global economy — outsourcing and multinational enterprises. Unit IV: International Macroeconomic Policy Exchange Rate and types of Exchange Rate: Fixed versus flexible exchange rates; Theories of Foreign Exchange Rate: The Mint-Parity Theory, The Purchasing Power Parity Theory, BOP Theory. Unit V: BALANCE OF PAYMENT BOT, BOP, Current Account, Capital Account, Visible and Invisible, Causes for disequilibrium in Balance of Payments, Methods of correcting the disequilibrium. Devaluation of Currency, Convertibility of Currency: Partial Account and Full Account. Recent trends in balance of Payment in India. Suggested Readings : 1. Paul Krugman, Maurice Obstfeld, and Marc Melitz, International Economics: Theory and Policy, Addison-

Wesley (Pearson Education Indian Edition), 9th edition, 2012. 2. Dominick Salvatore, International Economics: Trade and Finance, John Wiley International Student Edition,

10th edition, 2011. 3. C.P. Kindleberger ‘International Economics’. 4. Bo Soderstein and Geoffrey Reed ‘International Economics’ MacMillan. 5. Francis Cherumilam - ‘International Economics’ 6. Mannur, H.G. ‘International Economics’, Vikas Publishing House. 7. RBI bulletin, Various issues.

Mid Sem - 20

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Semester-VI ECONOMICS

DSE-IV PROJECT

Full Marks : 100

Disserteation 60 Marks Presentation 20 Marks Viva 20 Marks

29

GENERIC ELECTIVE

A Student has to choose two Generic Elective (G.E.) Subjects other than the Core Course

30

ECONOMICS PAPER – I

INTRODUCTORY MICRO ECONOMICS Full Marks : 100

Course Description This course is designed to expose the students to the basic principles of microeconomictheory. The emphasis will be on thinking like an economist and the course will illustratehow microeconomic concepts can be applied to analyze real-life situations. Unit-I: Exploring the subject matter of Economics Why study economics? Scope and method of economics; the economic problem: scarcity and choice; the question of what to produce, how to produce and how to distribute output. Unit -II: Supply and Demand: How Markets Work, Markets and Welfare Markets and competition; determinants of individual demand/supply; demand/supply schedule and demand/supply curve; market versus individual demand/supply; shifts in the demand/supply curve, demand and supply together; how prices allocate resources; elasticity and its application; controls on prices; taxes and the costs of taxation; consumer surplus; producer surplus and the efficiency of the markets. Unit -III: The Households The consumption decision - budget constraint, consumption and income/price changes, demand for all other goods and price changes; description of preferences (representing preferences with indifference curves); properties of indifference curves; consumer's optimum choice; income and substitution effects; labour supply and savings decision - choice between leisure and consumption. Unit -IV: The Firm and Market Structures Behaviour of profit maximizing firms and the production process; short run costs and output decisions; costs and output in the long run; Monopoly and anti-trust policy; government policies towards competition; imperfect competition Unit -V: Input Markets Labour and land markets - basic concepts (derived demand, productivity of an input,marginal productivity of labour, marginal revenue product); demand for labour; inputdemand curves; shifts in input demand curves; competitive labour markets; and labourmarkets and public policy. Suggested Readings : 1. N. Gregory Mankiw (2012): Principles of Economics,6th edition, Cengage Learning India Private Limited, New Delhi 2. William A McEachern and SimritKaur (2012): Micro Econ: A South-Asian Perspective, Cengage Learning India Private Limited, New Delhi. 3. Karl E. Case and Ray C. Fair (2007): Principles of Economics, 8th Edition, Pearson Education Inc. 4. Joseph E. Stiglitz and Carl E. Walsh (2007): Economics, 4th Edition, W.W. Norton & Company, Inc.,New York.

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31

ECONOMICS PAPER – II

INTRODUCTORYMACROECONOMICS Full Marks : 100

Course Description This course aims to introduce the students to the basic concepts of Macroeconomics. Macroeconomics deals with the aggregate economy. This course discusses the preliminary concepts associated with the determination and measurement of aggregate macroeconomic variable like savings, investment, GDP, money and inflation. Unit I: Basic Concepts Macro vs. Micro Economics; Why Study Macroeconomics? Limitations of Macroeconomics Stock and Flow variables, Equilibrium and Disequilibrium, Partial and General Equilibrium Statics – Comparative Statics and Dynamics ; National Income Concepts - GDP, GNP, NDP and NNP at market price and factor cost; Personal Income and Disposable personal Income; Real and Nominal GDP Unit II:Measurement of Macroeconomic Variables Output, Income and Expenditure Approaches ; Difficulties of Estimating National Income; National Income Identities in a simple 2- sector economy and with government and foreign trade sectors; Circular Flows of Income in 2, 3 and 4-sector; economies; Unit III: Money Evolution and Functions of Money, Quantity Theory of Money – Cash Transactions, Cash Balances and Keynesian Approaches, Unit IV: Inflation, Deflation, Depression and Stagflation Inflation - Meaning, Causes, Costs and Anti-Inflationary Measures; Classical, Keynesian, Monetarist and Modern Theories of Inflation, Deflation- Meaning, Causes, Costs and Anti-Deflationary Measurers, Depression and Stagflation; Inflation vs. Deflation Unit V: Determination of National Income The Classical Approach- Say's Law, Theory of Determination of Income and Employment with and without saving and Investment; Basics of Aggregate Demand and Aggregate Supply and Consumption- Saving – Investment Functions, The Keynesian Approach - Basics of Aggregate Demand and Aggregate Supply and Consumption, Saving, Investment Functions; The Principle of Effective Demand; Suggested Readings : 1. N. Gregory Mankiw(2010):Macroeconomics, 7th edition, CengageLearningIndia Private Limited, NewDelhi 2. Richard T. Froyen (2005): Macroeconomics, 2nd Edition, Pearson Education Asia, New Delhi. 3. Errol D'Souza (2009): Macroeconomics, Pearson Education Asia, New Delhi. 4. Shapiro 5. D N Dwivedi

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ENGLISH PAPER – I

ACADEMIC WRITING AND COMPOSITION Full Marks : 100

This is a generic academic preparatory course designed to develop the students' writing skills from basic to academic and research purposes. The aim of this course is to prepare students to succeed in complex academic tasks in writing along with an improvement in vocabulary and syntax. Unit-I: Instruments of writing I " Vocabulary development: synonyms and antonyms; words used as different parts of speech; vocabulary typical to 'science' and 'commerce' " Collocation; effective use of vocabulary in context Unit-II: Instruments of writing II " Syntax: word order; subject-predicate; subject-verb agreement; simple, complex, compound, compound-complex sentences; structure and uses of active and passive sentences " Common errors in Indian writing Unit-III: Academic writing I " What is academic writing? " The formal academic writing process: the 'what' and the 'how' of writing; use of cohesive and transitional devices in short and extended pieces of writing Unit-IV: Academic writing II " Paragraph writing: topic sentence, appropriate paragraph development ; expository, descriptive, narrative and argumentative paragraphs " Extended pieces of writing: process development using comparison-contrast, cause and effect, argumentation, and persuasion Unit-V: Research writing: writing research papers and projects " Mechanics of research writing; principles of citation; summarizing and paraphrasing " Identifying a potential research topic; preparing a synopsis; literature review; data collection and analysis; deriving conclusions from analysis Suggested Readings : 1. K Samantray, Academic and Research Writing: A Course for Undergraduates, Orient BlackSwan 2. Leo Jones (1998) Cambridge Advanced English: Student's Book New Delhi: CUP 3. Stanley Fish (2011) How to Write a Sentence

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ENGLISH PAPER – II

MODERN INDIAN LITERATURE Full Marks : 100

The paper aims at introducing students to the richness and diversity of modern Indian literature written in many languages and translated into English. Unit-I Historical Overview Background, definition of the subject and historical perspectives will be covered. Unit-II The Modern Indian Novel Fakir Mohan Senapati: SixAcres and a Third Or U. R. Ananthamurthy: Sanskara Unit-III The Modern Indian Short Story Selected stories by Fakir Mohan Senapati: "Rebati", Rabindra Nath Tagore: "Post Moster" Premchand: "The Shroud", Ishmat Chugtai: "Lihaaf" Unit-IV Modern Indian Life Writing Excerpts from M.K. Gandhi's story of My Experiments with Truth (First two chapters), Amrita Pritam's The Revenue Stamp ( first two chapters), Autobiography by Rajendra Prosad (chapter six & seven) Unit-V The Modern Indian Essay • A. K. Ramanujan "Is there an Indian Way of Thinking? An Informal Essay" Collected Essays, OUP, 2013 • "Decolonising the Indian Mind" by Namwar Singh. Tr. Harish Trivedi Indian Literature, Vol. 35, NO.5 (151) (Sept.-Oct., 1992), pp. '145-156 • G. N. Devy's introduction to After Amnesia, pp. 1-5, The G. N. Devy Reader, Orient BlackSwan,2009. Suggested Readings: 1. SisirKumar Dos, History of Indian Literature 1910-1956, Triumph and Tragedy, Sahitya Akademi, New Delhi, 2000 2. Amit Chaudhuri, The Vintage Book of Modern Indian Literature, 2004 3. M.K. Naik, A History of Indian English Literature, Sahitya Akademi,2004

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34

HISTORY PAPER – I

MAKING OF CONTEMPORARY INDIA Full Marks : 100

Unit-I: Towards independence and Emergence of the New State Government of India Act 1935 Working of the GOI AC Negotiations 'for Independence and Popular Movements Partition: Riots and Rehabilitation Unit-II: Making of the Republic The Constituent Assembly; Drafting of the Constitution Integration of Princely States Unit-III: Indian Democracy at Work c1950- 1970s Language, Region, Caste and Religion Electoral Politics and the Changing Party System; Regional Experiences India and the World; Non Aligned Movement Unit-IV: Economy c 1950-1970s The Land Question, Planned Economy, Industry and Labour Science and Education The Women's Question: Movements and Legislation. Unit V Society and Culture c 1950-1970s Cultural Trends: Institutions and Ideas, Literature, Media, Arts. Suggested Readings : Granville Austin, Indian Constitution: Cornerstone of a Nation, New Edition, OUP, 2011 Francine Frankel, India's Political Economy, 1947-2004, New Delhi: Oxford University Press, 2006. Paul Brass, The Politics of India Since Independence, Cambridge: Cambridge University Press, 1994. Ram Chandra Guha, India after Gandhi: The History of the World's Largest Democracy, New Delhi: Picador, 2007 Bipan Chandra, et al (ed) India after Independence, New Delhi: Penguin Books, 1999. Appadurai, Domestic Roots of India's Foreign Policy 1947-1972. New Delhi: Oxford University Press, 1979. Rajni Kothari, Politics in India, New Delhi: Orient Longman, 1970. Joya Chatterji, The Spoils of Partition: Bengal and India, 1947- 67,Cambridge: Cambridge University Press, 2007. Sunil Khilnani, The Idea of India, Penguin Books, New Delhi, 2004T

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35

HISTORY PAPER – II

HISTORY AND CULTURE OF ODISHA Full Marks : 100

Unit-I: Socio-Politicallife of Early and Medieval Odisha Kalinga War (261 B.C.) and its significance. Mahameghavahan Kharvela : His time and achievements. The Bhaumakaras and The Somavamsis. The Gangas and The Suryavarnsis. Unit-II: Religion, Art & literature of Early and Medieval Odisha Budhism, Jainism and Hinduism in Odisha. Development of Art and Architecture: Buddhist Art, Temples and Jaina Sculptures. Evolution and Growth of Odia language and literature: Sarala Mahabharata. Panchasakhas, Sri Chaitanya and Bhakti Movement in Odisha. . Unit-III: language Movernent- Fakir Mohan Senapati, Gangadhar Meher,Radhanath Roy. Creation of Separate Province of Odisha- Madhusudan Das, Krushna Chandra Gajapati Narayan Dev. Unit-IV: Odisha in Indian National Movement- During Non-cooperation, Civil-Disobedience, & Quit- India Movement. Unit-V: Prajamandal Movement In Nilagiri, Ranpur and Talcher, Merger of Princely States with Odisha. Suggested Readings : Panigrahi, K.C., History of Orissa, kitab mahal, cuttack, 1985 Sahu, N.K., Utkal University History of Orissa; Vol-I, BBSR, 1964 Pradhan, A.C., History of Orissa., History of Modern Odisha Mahatab, H.K., The history of Orissa, 2 vols, Utkal University Cuttack, 1959. Rathi Ashok Kumar Jainism in Odisha.

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36

MATHEMATICS PAPER – I

CALCULUS AND ORDINARY DIFFERENTIAL EQUATIONS Full Marks : 100

Unit-I Curvature, Asymptotes, Tracing of Curves (Cartenary, Cycloid, Folium of Descartes, Astroid, Limacon, Cissoid & loops), Rectification, Quardrature, Volume and Surface area of solids of revolution. Unit-II Explicit and Implicit functions, Limit and Continuity of functions of several variables, Partial derivatives, Partial derivatives of higher orders, Homogeneous functions, Change of variables, Mean value theorem, Taylors theorem and Maclaurins theorem for functions of two variables. Maxima and Minima of functions of two and three variables, Implicit functions, Lagranges multipliers. Multiple integrals. Unit-III Ordinary Differential Equations of Ist order and Ist degree (Variables separable, homogenous, exact and linear). Equations of 1st order but higher degree. Unit-IV Second order linear equations with constant coefficients, homogeneous forms, Second order equations with ariable coefficients, Variation of parameters. Laplace transforms and its applications to solutions of differential equations. Suggested Readings : 1. Shantinarayan-Text Book of Calculus, Part-II, S. Chand and Co., Chapter-8 (Art. 24,25,26) 2. Shantinarayan-Text Book of Calculus, Part-III, S. Chand and Co., Chapter-l (Art 1,2),3, 4(Art. 10 to 12 ommitting Simpsons Rule), 5(Art-13) and 6(Art-15). 3. Santosh K. Sengar-Advanced Calculus, Chapters: 2,4,5,6, 7, II,12,13. 4. J. Sinharoy and S. Padhy-A Course of Ordinary and Partial Differential Equations, Kalyani Publishers. Chapters: 2(2.1 to 2.7).3,4(4.1 to 4.7),5,9 (9.1, 9.2, 9.3, 9.4, 9.5, 9.10, 9.11, 9.13). 5. Shanti Narayan and P.K. Mittal-Analytical Solid Geometry, S. Chand & Company Pvt Ltd., New Delhi. 6. David V. Weider-Advanced Calculus, Dover Publications. 7. Martin Braun-Differential Equations and their Applications-Martin Braun, Springer International. 8. M.D. Raisinghania-Advanced Differential Equations, S. Chand & Company ltd., New Delhi G. Dennis Zill-A First Course In Differential Equations with Modelling Applications, Cengage Learning India Pvt. Ltd.

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37

MATHEMATICS PAPER – II

LINEAR ALGEBRA AND ADVANCED ALGEBRA Full Marks : 100

Unit-I Vector space, Subspace, Span of a set, Linear dependence and Independence, Dimensions and Basis. near transformations, Range, Kernel, Rank, Nullity, Inverse of a linear map, Rank-Nullity theorem. Unit-II Matrices and linear maps, Rank and Nullity of a matrix, Transpose of a matrix, Types of matrices. Elementary row operations, System of linear equations, Matrix inversion using row operations, Determinant .d Rank of matrices, Eigen values, Eigen vectors, Quadratic forms. Unit-III Group Theory: Definition and examples, Subgroups, Normal subgroups, Cyclic groups, Cosets, Quotient groups, Permutation groups, Homomorphism. Unit-IV Ring Theory: Definition and examples, Some special classes of Rings, Ideals, Quotient rings, Ring

homomorphism. Isomorphism theorems. Zero divisions integral domain. Suggested Readings :

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38

ODIA PAPER – I

jSà_hÑf LfÐ Full Marks : 100

1c HLL - jSà_hÑf[Ðeþ jÕsÐ, jèeËþ J mþlZ 2¯Æ HLL - jSà_hÑf[Ðeþ A^Ðeþ 3¯Æ HLL - jSà_hÑf aÔ¦ÞÆ[é J _ÐVLÑ¯Æ jÕfÐ` - eþQ_Ð aÞ Þ¼¼Ð 4\à HLL - mÞþM_ LfÐ J bþÐa jÕ õjÐeþZ `w[Þ ¼¼Ð 5c HLL - NÁ - eþQ_Ð ÒL×hf¼¼Ð jkþЯÆL NõxjËQÑ : 1 - `õÐÒ¯ÆÐNÞL bþÐiÐ aÞsÐ_eþ ]ÞNaÞ]ÞN - ÒL.aÞ. `p_Ð ÆL, JXÞhÐ eþÐSÔ `ÐWÔ ÊªÆL õLÐh_ J õZ¯Æ_ jÕyÐ, bÊþaÒ_hèeþ 2 - jÕÒdÐN @_ÊaÞ Þ - jÒ«ÆÐi [öÞ ÐWÑ, _ÐftÐ, LVL 3 - cq J _ÐVLeþ LfÐÒL×hf - _ÐeþЯÆZ jÐkÊþ, JXÞhÐ eþÐSÔ`ÐWÔ ÊªÆL `õLÐh_ J õZ¯Æ_ jÕyÐ, bÊþaÒ_hèeþ

Mid Sem - 20

Term End - 80

39

ODIA PAPER – II

jÐkÞþ[Ôeþ aÞbÞþ_ï ]ÞN Full Marks : 100

1c HLL - `ʪÆL - N]Ô aÞQÞ[öÐ - jÕ eþÒch Qtõ jÐkÊþ `ÐWÔ - 1 - @jÑceþ AkèþÐ_ - L ÞÒfhèeþ ]Ðj 2 - aÞ_Ðh LÐÒf - bÊþaÒ_hèeþ ÒaÒkþeþÐ 3 - ctÞeþ aqÐ@ - ÒNÐ Þ_Ð\ ckþЫÞÆ 2 Æ HLL - `ʪÆL - LïaÔ aÞQÞ[öÐ - jÕ. X. mþlêÑ^eþ ]Ðj J X. ]ÊNàÐcÐ^a _t `ÐWÔ - 1 - mþlêÑ `Ðaà[Ñ ]étè - jÐeþfÐ ]Ðj 2 - j à SZÐZ - afÒ]a eþ\ 3 - bþÐeþ[Ñ bþÐa_Ð - NÕNÐ^eþ ÒcÒkþeþ 4 - TþX - jQÞ]Ð_t eþÐD[ eþÐ¯Æ (1c J 2 Æ HLLeÊþ ]ÊBVÞ ÒmþMÐHÜ ]ÑOà Drþeþ cËfL õhï `XÞa HaÕ Òj\ÞeÊþ ÒNÐVÞH ÒmþMÐHÜ (12X2) Drþeþ ÒmþMÞaÐLÊ Òkþa HaÕ õÒ[ÔL HLLeÊþ ]ÊBVÞ ÒmþMÐHÜ jeþfÐ\à `XÞa, Òj\ÞeÊþ ÒNÐVÞH ÒmþMÐHÜ (8X2) Drþeþ ÒmþMÞaÐLÊ Òkþa¼¼Ð 3 Æ HLL - @aÒaÐ^ `eþÑlZ - (`õ]rþ `eÞþÒo]eÊþ 5 VÞ `õhï Drþeþ _ÞcÒ«Æ AN[ Òkþa) (10 cÐLà) 4\à HLL - `õaQ_/j˦ÞÆ AhõÞ[ jSà_Ð[ëL mÞþM_ (10 cÐLà) 5c HLL - L) @hÊwÞ jÕÒhÐ^_ (10VÞ) (10 cÐLà) M) HL`]Òeþ `õLÐh (10VÞ) (10 cÐLà)

Mid Sem - 20

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40

PHILOSOPHY PAPER – I

SYSTEMS OF INDIAN PHILOSOPHY Full Marks : 100

UNIT-I: Carvaka Materialism; Jainism: Syadvada; Anekantavada UNIT-II: Buddhism: The Noble Truths; Doctrine of Dependent Origination; Doctrine of Momentariness UNIT-III: Samkhya: Purusa; Prakrti; Causality Yoga: Cittavrtti and Its Nirodha; Astangika Marga UNIT-IV: Nyaya: Pramanas Vaisesika: Padarthas UNIT-V: Samkara and Ramanuja: Brahman, Atman, Jagat and Maya Suggested Readings : 1. S.C. Chatterji and D.M. Datta, An Introduction to Indian Philosophy 2. C.D. Sharma, A Critical Survey of Indian Philosophy 3. M. Hiriyanna, Outlines of Indian Philosophy 4. R.K. Puligandla, Fundamentals of Indian Philosophy 5. S. Radhakrishnan, Indian Philosophy, Volumes I and II

Mid Sem - 20

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41

PHILOSOPHY PAPER – II

TRADITIONAL ETHICS AND APPLIED ETHICS Full Marks : 100

Unit-I Definition, Nature and Scope of Ethics; Moral and Non- moral Actions; Factual and Moral Judgments Unit-II Teleological Ethics: Hedonism; Utilitarianism Unit-III Business Ethics: Rights and Obligation in Business; Justice, Truth Telling and Honesty in Business Unit-IV Bio-Medical Ethics: Rights and Obligations of Health Care Professionals, Patient and His Family; Abortion; Euthanasia Unit-V Enviromnental Ethics: Use and Exploitation of Nature; Animal Killing and Animal Rights Suggested Readings : 1.William Lillie, Ethics . 2. IN. Sinha, Manual of Ethics 3. Peter Singer, Practical Ethics 4. Jacques P. Thiroux, Ethics: Theory and Practice

Mid Sem - 20

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42

POLITICAL SCIENCE PAPER – I

NATIONALISM IN INDIA Full Marks : 100

Unit-I : Origin of Indian Nationalism (10 Lectures) a) Causes and Stages of National Awakening. b) Approaches to the Study of Indian Nationalism:- i) Liberal Approach. ii) Marxist Approaches Unit-II : Historical Bases Of Indian Nationalism:- (10 Lectures) a) Govt. Of India Act 1919, 1935 b) Cabinet Mission Plan -1946 c) Indian Independence Act 1947 Unit-III : National Movements in India: - (10 Lectures) Moderate Era 1885-1909, Extremist Era 1905-1918, Militant Nationalism- 1905-1947. Unit-IV : Mahatma Gandhi and Mass Mobilisation (10 Lectures) i) Non Cooperation Movement 1920 ii) Civil Disobedience Movement-1930 iii) Quit India Movement-1942 Unit-V : Beginning of constitutionalism in India a) constituent assembly b) Preamble, salient features Suggested Readings : 1. Indian Government & Politics – B.L. Fadia 2. Introduction to Constitution of India – D.D. Basu 3. Indian Government & Politics – J.C. Johari 4. Indian Government and Politics – K.K. Ghai

Mid Sem - 20

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POLITICAL SCIENCE PAPER – II

INDIAN ADMINISTRATION Full Marks : 100

Unit-I : Constitutional provisions of the Indian. Constitution i) Fundamental Rights. ii) Directive principles of state policy. iii) Fundamental Duties.

Unit-II : Machinaries of the union government.

i) Union Executive – president, prime minister ii) Union Legislature – Lok sabha – Functions

Rajya Sabha – Functions & positions. iii) Union Judiciary – Supreme Court

Unit-III : Government machinaries in the state

i) State Executive – Governor Chief Minister ii) State Legislature- Legislative Assembly, Legislative council iii) State Judiciary – High Court

Unit-IV : The federal system

i) Federal Features of Indian constitution ii) Legislative Relationship iii) Administrative relationship iv) Financial Relationship

Unit – V : Miscallaneans provision i) The comptroller and Auditor General ii) Union public service commission iii) Election commission iv) Niti Ayogo

Suggested Readings : 1. Indian Government & Politics – B.L. Fadia 2. Introduction to Constitution of India – D.D. Basu 3. Indian Government & Politics – J.C. Johari 4. Indian Government and Politics – K.K. Ghai

Mid Sem - 20

Term End - 80

44

SOCIOLOGY PAPER – I

INTRODUCTION TO SOCIOLOGY Full Marks : 100

This introductory paper intends to acquaint the students with Sociology as a social science and the basic concepts used in the discipline. It also focuses on the social processes and the social institutions that man encounters asa member of the society. Objectives: After studying this papers, the student can • Get to know the convergence and divergence of Sociology with other social science disciplines in terms of the subject matter, nature and scope of the discipline and its approach. • Develop knowledge about its historicity. • Get acquainted with the basic concepts used in the subject. • Generate ideas about the social processes and social institutions man encounters as a member of the society. Learning Outcomes: Thls paper is expected to clarify and broaden the student's notion about the subject, the basic concepts used and some universal societal processes. This will provide a wholesome picture about what the subject is all about. Unit-I: Sociology: Definition and Subject matter, Nature and Scope,Emergence of Sociology, Sociology and its relationship with Anthropology, Political Science, Economics, and History Unit-II: Basic Concepts: Society, Culture, Community, Institutions, Association, Social Structure, Status and Role, Norms and Values, Folkways and Mores Unit-III: Individual and Society: Individual and society, Socialization, Stages and agencies of Socialization, Development of Self - contributions of George Herbert Mead, C.H. Cooley's Looking Glass Self The Concept of Group: Types of Groups - Primary and Secondary groups, In-Group and Out-group, Reference Group Unit-IV: Social Stratification: Caste, Class, Power, Gender and Race. Theories of Stratification - Functionalist, Marxist, Weberian. Social mobility and its determinants. Unit-V: Social Control: Meaning and types, Formal and Informal social control, Agencies of Social control Social Processes: Associative and Dissociative processes - Cooperation, Assimilation, accommodation, Competition, and confflct Suggested Readings : 1. Bottommore. T.B. 1972, Sociology: A guide to problems and literature. Bombay :George Allen and Unwin (India) 2. Harlambos, M.1998. Sociology: Themes and perspectives. New Delhi Oxford University Press 3. Inkeles, Alex, 1987,. What is SkoCiology? New Delhi: Prentice-Hall of India 4. Jaiaram, 1988. ~hat is Sociology .Madras:Macmillan, India: 5. Johnson, Harry M~ 1995. Sociology: A Systematic Introduction. New Delhi, Allied Publishers 6. Schaefer, Richard T. and Robert P. Lamm. 1999 Sociology. Tata-Mac Graw Hill, New Deihl.

Mid Sem - 20

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45

SOCIOLOGY PAPER – II

INDIAN SOCIETY Full Marks : 100

Every society has Its own peculiar structure. There are. some institutions universal to every society, but with their unique manifestations in each society. There are some change agents and Initiatives that enable the society to change with the passage of time. This paper introduces to the students the structural elements of the Indian society, its institutions and the change agents. Objectives: After studying this paper on Indian society, the student can • Get an impression about the basic composition of Indian society, its historical moorings, basic philosophical foundations and the institutions. • Learn about the changing institutions, the processes, the agents that br-ingabout change in the Indian society. Learning Outcomes: This paper is expected to bring familiarity in a student about Indian society. It will present a comprehensive, integrated and' empirically -based profile of Indian society. It is hoped that the structure and processesoperative in the society, the change agents operating in Indian society presented in this course will also enable students to gain a better understanding of their society. Unit-I: Composition of Indian Society: Religiouscomposition, ethnic composition, caste composition. Unity in Diversities. Threats to National Integration: Communalism, Castesim, Linguism and Regionalism. Unit-II: Historical moorings and basesof Hindu Social Organlzatfon, Varna, Ashrama and Purushartha. Doctrine of Karma. Unit-III: Marriage and Family in India. Hindu marriage as Sacrament, Forms of Hindu Marriage. The Hindu joint family: Patriarchal and Matriarchal systems. Marriage and family among the Muslims. Changes in Marriage and Family. Unit-IV: The Caste system in India: Origin, Features and Functions. Casteand Class,TheDominant Caste,Changesin Castesystem, Caste and Politics in India Constitutional and legalprovisions for the Scheduled Castes, Scheduled Tribe. Unlt-V: Social Change!In Modern India: Sanskritization, Westernization, Secularization, and Modernization. Suggested Readings : 1. Bose,N.K. 1967, Culture and Society in India. Bombay: Asia Publishing House 2. Bose,N.K. 1975, Structure of Hindu Society. New Delhi 3. Dube, S.c. 1990, Society in India.{New Deihl: National Book Trust.) 4. Dube, S.C.1995, Indian Village (London: Routledge 5. Dube, S.c. 1958: India's changing Villages (London: Routledge and Kegan Paul). 6. Karve, Irawati, 1961 : Hindu Society: An Interpretation(Poona : Deccan- College) :: Lannoy, . 7. Mandelbaum, D.G. 1970 : Society in India (Bombay: Popular Prakashan) 8. Srinivas, M.N. 1980 : India: Social Structure ( New Delhi: Hindustan - Publishing Corporation) 9. Srinivas, M.N. 1963: Social Change in Modern India (California, Berkeley: University of California Press). 10. Singh, Yogendra,1973 : Modernization of Indian Tradition ( Delhi:Thomson Press). 11. Kar, P.K. Indian Society : Kalyani Publication.

Mid Sem - 20

Term End - 80