B.Sc./B.A.-Semester-I
Paper –I Micro Economics-I
Unit -I
Introduction
Nature and scope of economics, Methods of Economic Analysis –Inductive and Deductive, Static and Dynamic analysis, Choice as an economic problem, Role of price mechanism.Concept of Equilibrium.Law of demand. Elasticity of demand and its measurement.
Unit -II
Consumer's Behaviour
Utility -Cardinal ( law of diminishing marginal utility and Law of equi marginal utility) and Ordinal (Indifference curve) approaches, Normal, Inferior and Giffin goods, Consumer's equilibrium ( Hicks and Slutsky), Derivation of Demand Curve from PCC, price, Income and Substitution effect.
Unit -III
Theory of Costs and Elasticity
Different concepts of cost and revenue curves and their interrelationship, Expansion path. Consumer's surplus.
Theory of Production
Production function, Iso-quant curve, Optimum factor combination, law of variable proportions and Law of Returns to scale.
REQUIRED READINGS:
Ahuja,H.L.: Principles of Economics, S. Chand and Company, New Delhi.
Savator, Dominick: Micro Economics-Theory and Application, Oxford University Press.2008.
Nathuramka ,L.N. :Vyashti Arthesashtra, C.B.H., Jaipur.
Koutsoyiannis, A. (1990), Modern Microeconomics, macmillan.
B.Sc./B.A.-Semester-I
Paper –II Indian Economy -I
Unit –I
Introduction: Characteristics and main features of Indian Economy, Natural resources:land,water, minerals ,forest,and power resources. Population : Size and growth of population, sex composition, labour force, occupational distribution and Population Policy, Human resources development indicators (i.e. literacy, health, nutrition etc.)
Unit –II
Main features of Indian agriculture: Importance, Nature and Role of agriculture in Indian Economy. Productivity trends of major crops (for last fifteen years)in India, Recent Measures for Agricultural Development relating to Irrigation, Finance and Marketing . New Agricultural Strategy and Modernization of Agriculture. Agriculture policy in India,Capital formation in Indian agriculture,
Unit –III
Land reform Legislation. Uses of fertilization and fertilization policy. Problems of poverty and Regional inequality in India Economy of Rajasthan : Salient Features of Rajasthan’s Economy, population,Human resources development indicators (i.e.literacy,health, nutrition etc.) , per capita income. Natural resources : Land,water,livestock and minerals.
REQUIRED READINGS:
Dutt, Ruddar and sundharam, KPM : Indian Economy S. Chand , New Delhi.
L.N.Nathuramka ; Bhartiya Arthvyavstha, C.B.H., Jaipur.
B.Sc./B.A.-Semester-II
Paper –I Micro Economics -II
Unit -I
Market Structure
Types of market, Equilibrium of a firm under perfect competition, monopoly and price discrimination, Measure of mono polypower, Monopolistic competition and oligopoly .
Unit -II
Factor Pricing
Marginal productivity theory of distribution : Modern theory of wage, Wages and collective bargaining, Wage differentials; Rent –Richardian & Modern theory.
Unit -III
Factor Pricing
Profits -Innovation, Risk and uncertainty theories.Interest –Classical and Keynesian theories,
Welfare Economics
Problems in measuring welfare; Classical welfare economics; Pareto's criteria(Production, Consumption and Distribution)
REQUIRED READINGS:
Ahuja,H.L.: Principles of Economics, S. Chand and Company, New Delhi.
Savator, Dominick: Micro Economics-Theory and Application, Oxford University Press.2008.
Nathuramka ,L.N. :Vyashti Arthesashtra, C.B.H., Jaipur.
Koutsoyiannis, A. (1990), Modern Microeconomics, macmillan.
B.Sc./B.A.-Semester-II
Paper –II Indian Economy -II
Unit –I
Industry: role,strategy & challenges in India. Small scale and Cottage Industries-Problems and Measures for the their Development ,Public & private sector industry.Industrial finance.-role of financial institutions & commercial banks.Problem of trade union movement :social security programme. Industrial policy-pre & post reform period, recent industrial policy, New economic policy Disinvestment in public sector undertakings.
Unit –II
Indian foreign trade : Value , Structure and direction , Foreign trade policy of India. Foreign investment trends & its role in economic development in India .Planning in India : Objectives of five year plans, Review of economic progress under the plans. Latest five year plan.
Unit –III
Problem of unemployment & inflation in India. Rural development programmes and policy; Sectoral reforms in infrastructure after 1991- power, communication ,education& health sectors; Globalization and strategies for MNCs. Economy of Rajasthan: Position of Agriculture, Industries & Infrastructure in Rajasthan. Constraints in economic development in Rajasthan & measures to overcome them.
REQUIRED READINGS:
Dutt, Ruddar and sundharam, KPM : Indian Economy S.Chand , New Delhi.
L.N.Nathuramka ; Bhartiya Arthvyavstha, C.B.H., Jaipur.
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