BA (H) Economics Semester-4
- Teacher: Pawan Kumar Gupta
- Teacher: Pawan Kumar Gupta
Research Methodology in Economics
- Teacher: Pawan Kumar Gupta
SYALLBUS-
Unit 1-Foreign trade Foreign trade - meaning, distinction between balance of trade and balance of payments ,direction and composition of foreign trade of India, foreign trade policy of India.
Unit 2-Foreign Exchange Concept of foreign exchange , methods of exchange rate determination ,monetary approach under fixed exchange rate and flexible exchange rate, gold standard, mint parity theory, PPP theory, hedging, speculation, arbitrage, interest parity, concept of spot exchange rate and forward exchange rate, exchange rate dynamics (exchange rate overshooting)
Unit 3-Exchange control Meaning and objectives, unilateral exchange control Methods – Regulation of Bank rate, foreign trade, foreign exchange, exchange pegging, exchange equalization fund and blocked accounts. Bilateral exchange control Methods – Transfer Moratoria, Private Compensation, Clearing, Standstill and payments agreements.
Unit 4- International Financial Institutions International Monetary System -Bretton woods system and IMF, objectives, working-quota ,SDR, financing facilities and financing methods. Reforms of international financial institutions, effect of international monetary system on developing countries, IBRD and its associate institutions.
- Teacher: Sharad Dixit
Course Content:
Unit- I Consumption and Income Determination Consumption Function- Meaning and definitions , theories of consumption function: absolute, permanent, relative and life cycle hypothesis , investment : Autonomous Investment ,induced investment , Multiplier, accelerator
Unit- II Trade Cycle Meaning of trade cycle, types, characteristics of trade cycle ,phases of trade cycle, theories of trade cycle : sun spot theory, Hawtrey ,Hayek , innovation , Keynes, Hicks and Samuelson Theory of Trade Cycle
Unit- III
Inflation Role and Relative Effectiveness of Fiscal and Monetary Policy ,Inflation-Meaning ,Characteristics , Causes & Effect of Inflation , How to Check Inflation , Disinflation ,Reflation & Stagflation.
Unit-IV- Definition of Money and Unemployment Functions of Money, M1, M2,M3 , Determination of money supply, Money creation by commercial Banks, Money multiplier, Concept of unemployment, Structural and Frictional unemployment ,Cyclical, Involuntary and Voluntary unemployment
- Teacher: Sharad Dixit
Course Content:
Unit 1
Introduction ,Importance and nature of the study of international economics, Salient feature of International Trade ,Advantage of International Trade. Inter-Regional and international trade.
Unit 2 Theories of International Trade Adam Smith’s theory of absolute advantage, Ricardian theory, Heckscher- Ohlin model, New trade theories.
Unit 3Commercial Policy Free Trade policy instruments, Protection Policy , quota, tariff, non-tariff barriers, Devaluation ,Exchange Control ,WTO and trade policies in developing countries.
Unit 4 - Terms of Trade Meaning, types – Net Barter, Gross Barter, Income, Single Factoral, Double Factoral, Real Cost and Utility Terms of Trade. Concept of offer curve, determination of terms of trade, trends of terms of trade, terms of trade with respect to developing countries .Intra-Inter Industries.
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- Teacher: Sharad Dixit
This course is meant to give the student an exposure to different debates and approaches in environmental
economics. It provides the student for understanding the diverse frameworks, national and global environmental problems,
analytical tools, Institutional and regulatory mechanisms etc. To become familiar with various methods of measurement of environmental resources To understand the Global Environmental Issues and Development To understand the linkage of Environment and Health. To underst and the linkage of Environmentand Trade
- Teacher: Pooja Singh
The study of economic thought is the study of the philosophies of different thinkers and theories in the
subject that later became political economy and economics. Understanding about the origin and development of economic ideas and their interrelations. Familiarity about how economic thought has evolved overtime with a critical comparison of the major
contributions. Learning of the fact that history of economic ideas is different from economic history and history of
economics. Understanding of the ancient and medieval economic thoughts, such as Mercantilism and Physiocracy. The study of economic thought is important as it connects us with the ancient times and helps us to
understand the origin of economics.
- Teacher: Pooja Singh
Overview of Uttar Pradesh Economy – Nature, Features, Demographic Profile, Status of
Natural Resources, Major Factors affecting growth and development in Uttar Pradesh:
economic and non-economic factors in economic development of Uttar Pradesh. Pattern of Growth
Growth pattern of Uttar Pradesh economy; Sectoral pattern of Growth pattern in Uttar
Pradesh; Economic growth in Uttar Pradesh and Indian economy: A comparison;
Infrastructural development of Uttar Pradesh. Agricultural and Rural Development
Agricultural and Rural development in Uttar Pradesh; Pattern of land-holding and irrigation;
production and productivity in agriculture, Farm mechanization, agricultural credit,
Agricultural policy and strategies in Uttar Pradesh, Rural Development – Problems and
Policies. Industry and Service Sectors
Industrial and service sector development in Uttar Pradesh. Major industries in Uttar Pradesh,
Pattern of Industrial Development in Uttar Pradesh, Industrial Policy in Uttar Pradesh,
Growth pattern of Services sector.
- Teacher: Pooja Singh
- Teacher: Pooja Singh