Economics
Introduction to Macro Economics
- To enlighten the evolution, importance and basic concepts of macroeconomics, and
- To understand the functioning of an economy.
National Income
- To understand the meaning of national income and some basic concepts of
national income. - To know the methods of measuring national income.
Theories of Employment and Income
- To understand the meaning of full employment and unemployment and its types.
- To learn the classical theory of employment.
- To know the importance of Keynes’ theory of income and employment.
Consumption and Investment Functions
- To study the basic concepts in consumption and investment functions.
- To impart knowledge on the working of Multiplier, Accelerator and Super Multiplier.
Monetary Economics
- To understand the evolution of money, types, functions, meaning of inflation, types, causes, effects of inflation and measures to control.
- To know the various phases of trade cycle.
Banking
- To know about the functions of central bank and commercial banks.
- To understand the Non-Banking Financial Institutions and their functions.
International Economics
- To explain the importance of international trade and different theories of international trade.
- To provide an understanding about the exchange rate determination, variation in exchange rate and Balance of Payments.
- To provide an insight into FDI and Trade.
International Economic Organisations
- To understand the role of international economic organizations in enhancing the magnitude of global business.
- To know the objectives, functions and achievements of International Monetary Fund, World Bank and World Trade Organisation.
- To study about the trade blocks, viz., SAARC, ASEAN and BRICS and their objectives, functions and achievements.
Fiscal Economics
- To understand the meaning and subject matter of public finance.
- To understand the direct and indirect taxes.
- To describe the functions of finance commission.
Environmental Economics
- To understand the link between economy and environment;
- To describe the various types of environmental pollution and their effects; and,
- To understand the importance of sustainable development
Economics of Development and Planning
- To understand the process, features and determinants of economic development.
- To study the case for and against planning and to compare the various types of planning.
- To describe the functions of NITI Aayog.
Introduction to Statistical Methods and Econometrics
- To describe some statistical techniques that may be useful to analyze economic issues.
- To give a brief introduction to the subject of econometrics and its applications
