Page 1 of 89
BA (H) ECONOMICS
PROGRAMME CURRICULUM
Academic Session 2020-21 onwards
Page 2 of 89
Semester Wise Courses and Credit Structure
BA
101
Subject
Title
Discipline
Relative Weights
Contact
Hours/Week
L
T P* CWS PRS MTE ETE PRE
4
3
1
0
25
-
25
50
-
4
3
1
0
25
-
25
50
-
4
3
1
0
25
-
25
50
-
DCC/FC
4
3
0
2
15
25
20
40
-
DCC/FC
2
2
0
0
25
-
25
50
-
BAG Generic Elective– I General
1xx
Elective
Course
4
4
0
0
25
-
25
50
-
BA
102
BA
103
BA
104
BA
105
Introductory
DCC
Microeconomics
Introductory
DCC
Macroeconomics
Credits
Subject
Code
First Semester
Basic
Mathematics &
Statistics
Computer and
Programming
Fundamentals
Environmental
Studies
DCC
22
Total
*In case of practical, 2 contact hours=1 credit
L
T
Tutorial
P
CWS Class Work Sessional
PRS
Practical Sessional
MTE
ETE
End Term Examination
PRE
DEC
Departmental Elective
Courses
Foundation Elective Course
OEC
FEC
Lecture
GEC
Practical
Mid Term
Examination
Practical Examination MOOC Massive Open Online
Courses
Open Elective Courses DCC
Departmental Core
Course
General Elective
DCC/FC Foundation Course
Courses
Page 3 of 89
Second Semester
BA
111
BA
112
BA
113
BA
114
BA
115
FEC
0xx
Intermediate
Microeconomics – I
Intermediate
Macroeconomics – I
Contact
Hours/Week
L
T P*
DCC
4
3
1
0
25
-
25
50
-
DCC
4
3
1
0
25
-
25
50
-
4
3
1
0
25
-
25
50
-
4
3
0
2
15
25
20
40
-
2
2
0
0
25
-
25
50
-
2
0/2
-
2/0
-
-
-
-
-
0
25
-
25
50
-
DCC
Mathematical Methods
for Economics – I
Programming using
DCC/FC
Python
English Communication DCC/FC
FEC-I**
BAG Generic Elective– II
1xx
Total
Relative Weights
Credits
Discipline
Subject
Code
Subject Title
Foundation
Elective
Course
General
Elective
Course
4
4 40
CWS
PRS
MTE
ETE
PRE
24
**Refer list of foundation elective courses for names, evaluation and marking scheme and contact
hours. The evaluation scheme i.e. the relative weights of CWS, PRS, MTE, ETE, PRE will depend on
the distribution of the 02 credits across Lectures, Tutorials and Practical in each course.
Page 4 of 89
Third Semester
Discipline
Subject
Code
Credits
Subject Title
BA
201
4
3 1
0
25
-
25
50
-
4
3 1
0
25
-
25
50
-
4
3 1
0
25
-
25
50
-
DCC
4
3 1
0
25
-
25
50
-
Foundation
Elective Course
2
-
-
-
-
-
BAG Generic Elective– III General
2xx
Elective Course
4
25
-
25
50
-
Total
22
BA
202
BA
203
BA
204
FEC
0xx
Intermediate
DCC
Microeconomics – II
Intermediate
DCC
Macroeconomics – II
Relative Weights
Contact
Hours/W
eek
L T P* CWS PRS MTE ETE PRE
Mathematical
Methods for
Economics – II
Statistical Methods
for Economics
FEC II**
DCC
0/2 - 2/0
4 0
0
**Refer list of foundation elective courses for names, evaluation and marking scheme and contact
hours. The evaluation scheme i.e. the relative weights of CWS, PRS, MTE, ETE, PRE will depend on
the distribution of the 02 credits across Lectures, Tutorials and Practical in each course.
Page 5 of 89
Fourth Semester
Discipline
Subject
Code
Credits
Subject Title
Relative Weights
Contact
Hours/W
eek
L T P* CWS PRS MTE ETE PRE
BA
211
General Equilibrium & DCC
Welfare Economics
4
3 1
0
25
BA
212
Advanced
Macroeconomics
4
3 1
0
25
4
3 1
0
4
3 1
2
0 0
BA
213
BA
214
BA
215
FEC
0xx
BAG
2xx
DCC
DCC
International
Economics
Introductory
DCC
Econometrics
Econometric Analysis DCC/FC
Package
Foundation
FEC III**
Elective Course
General Elective – IV General
Elective Course
Total
2
4
25
50
-
-
25
50
-
25
-
25
50
-
0
25
-
25
50
-
4
-
50
-
-
50
-
-
-
-
-
25
-
25
50
-
0/2 - 2/0
4 0
0
-
24
**Refer list of foundation elective courses for names, evaluation and marking scheme and contact
hours. The evaluation scheme i.e. the relative weights of CWS, PRS, MTE, ETE, PRE will depend on
the distribution of the 02 credits across Lectures, Tutorials and Practical in each course.
Page 6 of 89
Credits
Fifth Semester
Relative Weights
Contact
Hours/W
eek
L T P* CWS PRS MTE ETE PRE
DCC
4
3 1
-
25
-
25
50
-
DCC
4
3 1
-
25
-
25
50
-
Predictive Modelling DCC
4
3 -
2
15
25
20
40
-
Departmental
Elective Course 4
Elective Course – I
Departmental
Elective Course 4
Elective Course – II
Departmental
Elective Course 4
Elective Course – III
3 1
-
25
-
25
50
-
3 1
-
25
-
25
50
-
3 1
-
25
-
25
50
-
Discipline
Subject
Code
Subject Title
BA
301
BA
302
BA
303
BAD
3xx
BAD
3xx
BAD
3xx
Development
Economics -I
Indian Economy - I
Total
24
Page 7 of 89
Credits
Sixth Semester
Relative Weights
Contact
Hours/W
eek
L T P* CWS PRS MTE ETE PRE
4
3 1
-
25
-
25
50
-
4
3 1
-
25
-
25
50
-
4
3 1
-
25
-
25
50
-
Departmental
Elective Course 4 3 1
Elective Course – IV
Departmental
Elective Course 4 3 1
Elective Course – V
Departmental
Elective Course 4 3 1
Elective Course – VI
24
Total
-
25
-
25
50
-
-
25
-
25
50
-
25
-
25
50
Discipline
Subject
Code
Subject Title
BA
311
BA
312
BA
313
BAD
3xx
BAD
3xx
BAD
3xx
Development
DCC
Economics -II
Indian Economy - II
DCC
Political Economy
DCC
Page 8 of 89
Subject Title
Generic Elective– I
BAG101 Principles of Management
BAG102 Introduction to Business
BAG103
BAG104
BAG105
BAG106
BAG201
BAG202
BAG203
BAG204
BAG205
BAG206
BAG207
BAG208
Contact
Hours/We
ek
L T P* CWS
SEMESTER I
Credits
Subject
Code
List of General Elective Courses (GEC) Offered in B.A. (Hons) Economics
PRS
MTE
ETE
PRE
25
25
-
25
25
50
50
-
0
25
-
25
50
-
0
0
25
25
-
25
25
50
50
-
0
25
-
25
50
-
0
0
0
25
25
25
-
25
25
25
50
50
50
-
0
25
-
25
50
-
0
0
0
0
25
25
25
25
-
25
25
25
25
50
50
50
50
-
4 4 0 0
4 4 0 0
SEMESTER II
Generic Elective– II
Financial Markets and
4 4 0
Institutions
Marketing Management
4 4 0
Trade Policy: Practices and
4 4 0
Procedures
Human Resource Management 4 4 0
SEMESTER III
Generic Elective– III
Financial Management
4 4 0
E-Commerce
4 4 0
Logistics and Supply Chain
4 4 0
Management
Organizational Behavior
4 4 0
SEMESTER IV
General Elective – IV
Investment Management
4 4 0
Digital Marketing Analytics
4 4 0
International Business
4 4 0
Industrial Relations
4 4 0
Relative Weights
Page 9 of 89
Subject Title
Contact
Hours/We
ek
L T P* CWS
SEMESTER II
Credits
Subject
Code
List of Foundation Elective Courses (FEC) Offered in B.A. (Hons)
Economics
Relative Weights
PRS
MTE
ETE
PRE
25
15
50
50
25
25
20
50
40
50
50
-
-
50
-
-
50
2
0
25
50
-
25
50
50
-
2
2
0
0
25
25
50
50
-
25
25
50
50
50
50
-
2
0
0
2
2
0
25
25
25
50
50
50
-
25
25
25
50
50
50
50
50
50
-
FEC– I
FEC003
FEC004
FEC007
FEC009
NSS
NCC
Financial Literacy
Soft Skills and Personality
Development
FEC011 Dance
FEC001
FEC006
FEC010
FEC013
FEC015
FEC016
FEC002
FEC005
FEC008
FEC012
FEC014
FEC017
2
2
2
2
0
0
2
1
0
0
0
0
2
2
0
1
2 0 0 2
SEMESTER III
FEC– II
Sports-I
2 0 0
Environment development and
2 2 0
Society
Theatre
2 0 0
Digital Film Making
2 0 0
Sociology of development
2 2 0
Universal Human Values 1: Self 2 2 0
and Family
SEMESTER IV
FEC– III
Sports-II
2 0 0
Corporate Social Responsibility 2 2 0
Introduction to Indian society
2 2 0
Yoga
2 0 0
Music
2 0 0
Universal Human Values 2: Self, 2 2 0
Society and Nature
Page 10 of 89
List of Core Courses
Credits
LIST OF DEPARTMENTAL CORE COURSES (DCC)
SEMESTER I
L T P* CWS PRS MTE ETE PRE
BA101
BA102
BA103
0
0
0
25
25
25
-
25
25
25
50
50
50
-
0
25
-
25
50
-
0
25
-
25
50
-
0
25
-
25
50
-
0
25
-
25
50
-
0
25
-
25
50
-
0
25
-
25
50
-
0
25
-
25
50
-
0
25
-
25
50
-
BA212
Introductory Microeconomics
DCC 4 3 1
Introductory Macroeconomics DCC 4 3 1
Basic Mathematics & Statistics DCC 4 3 1
SEMESTER II
Intermediate Microeconomics – DCC 4 3 1
I
Intermediate
DCC 4 3 1
Macroeconomics – I
Mathematical Methods for
DCC 4 3 1
Economics – I
SEMESTER III
Intermediate Microeconomics – DCC 4 3 1
II
Intermediate Macroeconomics – DCC 4 3 1
II
Mathematical Methods for
DCC 4 3 1
Economics – II
Statistical Methods for
DCC 4 3 1
Economics
SEMESTER IV
Microeconomics:
DCC 4 3 1
General Equilibrium & Welfare
Advanced Macroeconomics
DCC 4 3 1
0
25
-
25
50
-
BA213
BA214
International Economics
Introductory Econometrics
0
0
25
25
-
25
25
50
50
-
BA301
BA302
BA303
Development Economics -I
Indian Economy - I
Predictive Modelling
2
25
25
15
25
25
25
20
50
50
40
-
BA311
BA312
BA313
Development Economics -II
Indian Economy - II
Political Economy
-
25
25
25
-
25
25
25
50
50
50
-
BA111
BA112
BA113
BA201
BA202
BA203
BA204
BA211
DCC 4 3 1
DCC 4 3 1
SEMESTER V
DCC 4 3 1
DCC 4 3 1
DCC 4 3 SEMESTER VI
DCC 4 3 1
DCC 4 3 1
DCC 4 3 1
Page 11 of 89
Sr.
No.
Subject Title
SEMESTER V
BAD301 Economics of Health and
Education
BAD302 Applied Econometrics
BAD303 Economic History of India
(1857-1947)
BAD304 Money and Financial
Markets
BAD305 Public Economics
BAD306 Industrial Economics
BAD307 Application of Linear
Programming in Economics
SEMESTER VI
BAD311 Environmental Economics
BAD312 Behavioural Economics
BAD313 Economics of Migration
BAD314 Financial Economics
BAD315 Agricultural Economics
BAD316 Game Theory
BAD317 Dissertation Course***
Credi
ts
List of Departmental Elective Courses (DEC) Offered in BA (Hons.)
Economics
Contact
Hours/Week
L
T P* CWS
Relative Weights
PRS MTE ETE PRE
4
3
1
-
25
-
25
50
-
4
4
3
3
1
1
-
25
25
-
25
25
50
50
-
4
3
1
-
25
-
25
50
-
4
4
4
3
3
3
1
1
1
-
25
25
25
-
25
25
25
50
50
50
-
4
4
4
4
4
4
-
3
3
3
3
3
3
-
1
1
1
1
1
1
-
-
25
25
25
25
25
25
-
40
25
25
25
25
25
25
-
50
50
50
50
50
50
-
60
***In order to opt/register for dissertation course, a student will have to search for internal
faculty guide and get the consent. Failing this, the student will have to opt/register for alternate
DEC course. Moreover, the dissertation course has to be opted/completed individually not in a
group.
For dissertation course, students will be required to submit signed consent of internal faculty
guide within one week of commencement of the term in the prescribed form. Failing this,
department may advise student to register for alternate DEC course. The evaluation and
marking scheme will be as follows:
1. Mid-semester exam (PRS):
a) Report – 20
b) Presentation and/or Viva voice – 20
2. End-semester exam (PRE):
a) Report – 30
b) Presentation and/or Viva voice – 30
For mid-semester examination, a suitable committee will be constituted by the department
comprising the faculty guide, the project coordinator and at least one additional member of the
faculty, for the evaluation of the report, presentation and oral viva-voice. The end semester
exam will be as conducted by a suitable committee appointed by the BoS, as per existing DTU
norms for project/dissertation.
Page 12 of 89
Syllabi of Core Courses – BA (Hons) Economics
SEMESTER I
BA101: Introductory Microeconomics (L:3, T:1, P:0)
Course Objective:
This course is designed to expose the students to the basic principles of microeconomic
theory. The student is exposed to the concepts of Resource Allocation, Choice and
Duality of Production and Cost. Then the student is made to understand the functioning
of markets. Finally, demand theory as per Cardinal and Ordinal approaches to utility is
taught. The purpose of putting production and cost in the beginning is to explain the
functional role of economics in resolving ‘real issues in economics’, namely, ‘production
and cost’. We then come to come to behavioral aspects Demand and Supply, Markets
and The Consumers.
Syllabus:
Unit I
Resource Allocation: Production and Cost
Central Problems of an Economy – PP Frontier and Choice; Real Cost, Implicit Cost and
Opportunity Cost. Production function: stages of production. Duality. Short run costs
functions. Laws of return to scale; Long run costs and Optimum Size.
Unit II
Behavior of Markets: Demand function: determinants of demand; Elasticity: Types of
elasticity and measures of elasticity. Market Demand. Marginal Cost and Supply function.
Market Supply; Market Equilibrium: Consumer and Producer’s Surplus. Shifts in demand
in supply curves.
Unit III
Consumer Behaviour: Cardinal and Ordinal approaches to utility. Consumer equilibrium:
properties of indifference curves; budget constraint; consumer equilibrium; price, income
and substitution effects; Inferior and Giffen goods. Applications of indifference curve:
choice between leisure and consumption.
Text Books:
1.
Karl E. Case and Ray C. Fair, Principles of Economics, Pearson Education Inc., 8th
Edition, 2007.
2.
N. Gregory Mankiw, Economics: Principles and Applications, India edition by
South Western, a part of Cengage Learning, Cengage Learning India Private
Limited, 4th edition, 2007.
3.
Joseph E. Stiglitz and Carl E. Walsh, Economics, W.W. Norton & Company, Inc.,
New York, International Student Edition, 4th Edition, 2007.
Page 13 of 89
BA102: Introductory Macroeconomics (L:3, T:1, P:0)
Course Objective:
This is an introductory course in course Macroeconomics. Macroeconomics deals with the
aggregate economy. This course discusses the basic concepts of National Income
measurement and Balance of Payment. It deals with Money Market and Product Market
Equilibrium. Classical and Keynesian Perspectives. Inflation and Deflation. Monetary and
Fiscal policy.
Syllabus:
Unit I
National Income: Circular Flows: Injections/Withdrawals . National Income Accounting: NI
Aggregates; Inflation and NI Accounting; Balance of Payments Account.
Unit III
Money and Inflation: Concept Money: Functional and Descriptive. Money Demand:
Keynesian Liquidity Preference Theory. Money Supply: Credit Creation and High Powered
Money. Determination of Rate of Interest. Inflation: Quantity Theory of Money; Cost Push
and Demand Pull; Economic Effects and Social Costs of Inflation.
Unit III
Product Market: Classical and Keynesian Perspectives; Keynesian model of income
determination. Inflationary and Deflationary Gap. Multipliers: Investment and Fiscal Policy.
Text Books:
1. R. Dornbusch, S. Fischer and R. Startz, Macroeconomics, McGraw Hill, 11th edition,
2010.
2. N. G. Mankiw. Macroeconomics, Worth Publishers, 7th edition, 2010.
3. O. Blanchard. Macroeconomics, Pearson Education Inc., 5th edition, 2009.
4. R. T. Froyen, Macroeconomics, Pearson Education Asia, 2nd edition, 2005.
5. A. B. Abel and B. S. Bernanke, Macroeconomics, Pearson Education, Inc., 7th edition,
2011.
6. E. D‘Souza, Macroeconomics, Pearson Education, 2009.
7. P. R. Krugman, M. Obstfeld and M. Melitz, International Economics, Pearson Education
Asia, 9th edition, 2012.
Page 14 of 89
BA103: Basic Mathematics & Statistics (L:3, T:1, P:0)
Course Objective:
The objective of this course is to provide the students fundamental knowledge of basic
mathematics and statistics, and prepare them for more advanced courses in these disciplines in
the later semesters. The course covers a basic introduction of set theory, functions, limits and
continuity. In the statistics part, descriptive statistics and elementary probability theory are
discussed.
Syllabus:
Unit 1
Preliminaries: Logic and proof techniques; sets and set operations; relations; functions and
their properties; number systems. Functions: Graphs; elementary types of functions: Linear,
quadratic, cubic. Continuous functions: characterizations, properties with respect to various
operations and applications. Introduction to Limits, Continuity and Series; Introduction to
Differentiation: first order and second order derivatives.
Unit 2
Linear algebra: Vector spaces: algebraic and geometric properties, scalar products, norms,
orthogonality; linear transformations: properties, matrix representations and elementary
operations.
Unit 3
Descriptive Statistics: Measures of Central Tendency, Dispersion, Skewness and Kurtosis
Unit 4
Elementary Probability Theory: Concepts of sample space and events, probability of an
event; addition and multiplication theorems; conditional probability and independence of
events; Bayes rule.
Text Books:
1. K. Sydsaeter and P. Hammond, Mathematics for Economic Analysis, Pearson
Educational Asia: Delhi, 2002.
2. P.H. Karmel and M. Polasek (1978), Applied Statistics for Economists, 4th edition,
Pitman.
3. Allen Webster (1997), Applied Statistics for Business and Economics: An Essential
Version, 3rd edition, McGraw-Hill.
Page 15 of 89
SEMESTER II
BA111: Intermediate Microeconomics I (L:3, T:1, P:0)
Course Objective: The course is designed to provide a sound training in microeconomic
theory to formally analyze the behaviour 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 behaviour of the
consumer and the producer and also covers the behaviour of a competitive firm.
Syllabus:
Unit 1
Consumer Theory: Price Consumption Curve, Income Consumption Curve;
Derivation of Demand Curve through indifference curves. Strong and weak preference;
Revealed preference: Derivation of Indifference curve through revealed preference. Choice
under risk and intertemporal choice.
Unit 2 Producer Theory: Producer’s Equilibrium; Isoquants and Iso-cost lines; Product lines,
Isoclines, Ridge lines and Expansion Path, Changes in technology, returns to factor and returns
to scale, Profit maximization and supply decision by price taking firm.
Unit 3 Market Forms: Classification, Perfect competition: Equilibrium in short and long run.
Taxation and Equilibrium of a Firm. Break-even and Shut Down Point, Quasi Rent
Text Books:
1. H. R. Varian, Intermediate Microeconomics: A Modern Approach, W.W. Norton and
Company/Affiliated East-West Press (India), 8th edition, 2010.
2. C. Snyder and W. Nicholson, Fundamentals of Microeconomics, Cengage Learning (India),
2010.
3. B. D. Bernheim and M. D. Whinston, Microeconomics, Tata McGraw-Hill (India), 2009.
Page 16 of 89
BA112: Intermediate Macroeconomics I (L:3, T:1, P:0)
Course Objective:
This course introduces the students to formal modelling of a macro-economy in terms of
analytical tools. It discusses various alternative theories of output and employment
determination in a closed economy in the short run as well as in medium/long run, and the role
of policy in this context.
Syllabus:
Unit 1: Short run model of Income and Interest rate Determination
Capital markets/Marginal Efficiency of Investment Theory; Derivation of IS Curve; Derivation
of LM Curve; Interaction of IS and LM Curves; Fiscal Policy and Crowding Out Effect.
Unit 2: The labour Market, The Aggregate Demand and Aggregate Supply Curve
Derivation of Aggregate Demand Curve; The Labour Market; Derivation of Aggregate Supply
Curves: Wage Bargaining-Unemployment Relation, Sticky-Wage Model; Interaction of
Aggregate demand and Aggregate supply Curves.
Unit 3: Inflation, Unemployment and the Expectations
Phillips curve: Inflation and Unemployment Relation; Interaction between Money growth,
Unemployment, Inflation and Output growth; Expectations: Adaptive and Rational
Expectations; Lucas’s Policy Ineffectiveness Proposition.
Text Books:
1. Rudiger Dornbusch and Stanley Fischer, Macroeconomics, 6th or 11th edition, McGraw
Hill.
2. O. Blanchard (2006), Macroeconomics, 4th edition, Pearson Education (Asia).
3. C.L.F.Attfield, D. Demery and N.W. Duck (1991), Rational Expectations in
Macroeconomics, 2nd edition, Blackwell.
4. Steven Sheffrin (1996), Rational Expectations, 2nd edition, Cambridge University Press.
5. N. G. Mankiw. Macroeconomics, Worth Publishers, 7th edition, 2010.
6. Andrew B. Abel and Ben S. Bernanke, Macroeconomics, Pearson Education, Inc., 7th
edition, 2011
Page 17 of 89
BA113: Mathematical Methods for Economics I (L:3, T:1, P:0)
Objective: The objective of this course is to teach the concepts of basic mathematics that
enables the study of economic theory at the 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 the means for illustrating the method
of applying mathematical techniques to economic theory in general.
Unit 1
Derivatives: More on Differentiation; Elasticity; First order and second order derivatives. their
characterizations and applications. Partial and Total Derivatives and single-variable
optimization using differentiation. Sequences and series: convergence, algebraic properties and
applications. Economic Applications of Derivatives: Concave and convex functions. Maxima
and Minima. Cost minimization and profit maximization.
Unit 2
Linear algebra: Systems of linear equations: properties of their solution sets; determinants:
characterization, properties and applications, rank of matrix and linear dependence
Unit 3
Integration: Area under curves; Indefinite Integrals; Definite Integrals; Methods of
Integration; Integration by Parts and integration by substitution.
Text Books:
1. K. Sydsaeter and P. Hammond, Mathematics for Economic Analysis, Pearson
Educational Asia: Delhi, 2002.
Page 18 of 89
SEMESTER III
BA201: Intermediate Microeconomics II (L:3, T:1, P:0)
Course Objective: The course is designed to provide a sound understanding of the noncompetitive market forms. Students are also made familiar with basic understanding of the
game theory. This course is therefore designed to create a solid foundation for the students in
the issues of market imperfection.
Unit I Non-Competitive Market: Monopolistic Competition-Short run and long run
equilibrium, excess capacity, selling cost, Monopoly; price and output determination under
monopoly, pricing with market power; price discrimination, anti-trust policy, two-part tariff.
peak-load pricing, two tier pricing.
Unit II Oligopoly Market: Bertrand and Cournot Duopoly models, Stackelberg strategies,
reaction curves, Kinked Demand Curve, Oligopoly: Price leadership, Cournot Equilibrium,
Collusion.
Unit III: Introduction to Game Theory: Cooperative and non-cooperative games, Prisoner’s
dilemma, normal and extensive games, simultaneous and sequential games, mixed strategies.
Text Books:
1.
2.
H. R. Varian, Intermediate Microeconomics: A Modern Approach, 8th edition, W.W.
Norton and Company/Affiliated East-West Press (India), 2010.
C. Snyder and W. Nicholson, Fundamentals of Microeconomics, Cengage Learning
(India), 2010.
Page 19 of 89
BA202: Intermediate Macroeconomics II (L:3, T:1, P:0)
Course Objective:
This course introduces the students to various theoretical issues related to an open economy
such as the theory of exchange rate determination and the equilibrium in a small open economy.
It also introduces the students to various issues faced by government and central bank while
conducting their respective policies.
Syllabus:
Unit 1: Exchange Rate Determination, Balance of Payment and Open Economy Models
Balance of Payments; Exchange Rate Regimes; Short Run Open Economy Models:
Equilibrium in a small open economy, the Mundell Fleming model; Exchange rate
determination: Purchasing power parity, Asset market approach, and Monetary approach to
balance of payment; Dornbusch's Overshooting Model; International Financial Markets.
Unit 2: Fiscal and Monetary Policy
Active or passive policy; Monetary policy objectives and targets; Rules versus Discretion: time
consistency; Government budget constraint; Government debt and Ricardian equivalence;
Finance systems & Regulation of financial sectors; Financial crises & Regulatory response.
Unit 3: Schools of Macroeconomic Thoughts
Overview of Classical System; Overview of Keynesian System; New-Classical Theory of
Business Cycle; New-Keynesian Theory of Business Cycle.
Text Books:
1. Rudiger Dornbusch and Stanley Fischer, Macroeconomics, 6th, McGraw Hill.
2. O. Blanchard (2006), Macroeconomics, 4th edition, Pearson Education (Asia).
3. D. Salvatore (2008), International Economics, 8th edition, Wiley (Asia).
4. Robert J. Gordon, Macroeconomics, 12th ed., Prentice-Hall India Limited.
5. Frederic Mishkin, Macroeconomics: Policy & Practice, Pearson, 2012
6. N. G. Mankiw. Macroeconomics, Worth Publishers, 7th edition, 2010.
Page 20 of 89
BA203: Mathematical Methods for Economics II (L:3, T:1, P:0)
Course Objective
This course is the second part of a compulsory two-course sequence. The objective of this
course is to teach the basic concepts of basic mathematics that enables the study of economic
theory at the 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 of
applying mathematical techniques to economic theory in general.
Unit I
Functions of several real variables: Geometric representations: graphs and level curves;
differentiable functions: characterizations, properties with respect to various operations and
applications; second order derivatives: properties and applications; the implicit function
theorem, and application to comparative statics problems; homogeneous and homothetic
functions: characterizations and applications. Multivariable optimization: Convex sets;
geometric properties of functions: convex functions, their characterizations, properties and
applications.
Unit II
Further geometric properties of functions: unconstrained optimization: geometric
characterizations, characterizations using calculus and applications; Constrained optimization
with equality constraints: Geometric characterizations, lagrange characterization using
calculus and applications; properties of value function: envelope theorem and applications.
Unit III
Differential equations: Introduction to Differential Equations; Difference Equations; Firstorder differential equations; integral curve; Solving Differential Equations; separable
equations; Integrating Factor; direction diagram and slope field; qualitative theory and stability
Text Books:
1. K. Sydsaeter and P. Hammond, Mathematics for Economic Analysis, Pearson
Educational Asia: Delhi, 2002.
Page 21 of 89
BA 204: Statistical Methods for Economics (L:3, T:1, P:0)
Course Objective:
The course will teach the students basic concepts and terminology that are fundamental to
statistical analysis and inference. It will develop the notion of probability, followed by
probability distributions of discrete and continuous 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 syllabus also describes some topics in statistical inference that
include point and interval estimation.
Syllabus:
Unit 1
Random Variables and Probability Distributions: Defining random variables; probability
distributions; expected values of random variables and of functions of random variables;
properties of commonly used discrete and continuous distributions (uniform, binomial, normal,
poisson and exponential random variables). Random sampling and jointly distributed random
variables; density and distribution functions for jointly distributed random variables;
computing expected values; covariance and correlation coefficients.
Unit 2
Sampling, Point and Interval Estimation: Principal steps in a sample survey; methods of
sampling; the role of sampling theory; properties of random samples. Estimation of population
parameters using methods of moments and maximum likelihood procedures; properties of
estimators; confidence intervals for population parameters.
Unit 3
Statistical Inference: Normal distribution; chi-square, t- and F-distributions; testing of
hypotheses; defining statistical hypotheses; distributions of test statistics; testing hypotheses
related to population parameters; Type-I and Type-II errors; power of a test; tests for comparing
parameters from two samples.
Text Books:
1. J. L. Devore, Probability and Statistics for Engineers, Cengage Learning, 2010.
2. J. E. Freund, Mathematical Statistics, Prentice Hall, 1992.
3. R. J. Larsen and M. L. Marx, An Introduction to Mathematical Statistics and its
Applications, Prentice Hall, 2011.
4. William G. Cochran, Sampling Techniques, John Wiley, 2007.
Page 22 of 89
SEMESTER IV
BA211: Microeconomics: General Equilibrium and Welfare (L:3, T:1, P:0)
Course Objective: The emphasis of the course is on giving conceptual clarity to the students
about General equilibrium in the market and welfare theorems. It will make students familiar
with the fundamentals of welfare functions and causes of market failures. This course also
helps the students to understand the environment where the standard market mechanism
fails to generate the desirable outcomes.
Unit I: General Equilibrium, Efficiency and Welfare: Edgeworth box, pareto efficiency,
general Equilibrium and efficiency under pure exchange, production and product mix; Welfare
theorems, overall efficiency.
Unit II: Social Welfare Functions: Aggregation of Preferences; Voting, Individual and Social
Welfare Functions, Fair Allocations, Envy and Equity
Unit III: Market Failure: Externalities-consumption and production; Asymmetric
Information: market for lemons. adverse selection, moral hazard and signaling, Social and
Economic Good: Public Goods, merit good, non-merit good, free goods; free rider’s problem,
The Vickrey-Clarke-Groves mechanism
Text Books:
H. R. Varian, Intermediate Microeconomics: A Modern Approach, 8th edition, W.W. Norton
and Company/Affiliated East-West Press (India), 2010.
Additional Reference Book:
C. Snyder and W. Nicholson, Fundamentals of Microeconomics, Cengage Learning (India),
2010.
Page 23 of 89
BA212: Advanced Macroeconomics (L:3, T:1, P:0)
Course Objective:
The objective of the course is to introduce the students to the long run dynamic issues like
growth and technical progress through various growth theories/models. It also provides the
micro-foundations to the various aggregative concepts such as consumption, investment,
money demand etc.
Syllabus:
Unit I: Economic Growth
Harrod growth model; Solow growth model: Golden rule and Technological progress;
Elements of Endogenous growth model: AK model and Introduction to Romer’s growth model.
Unit 2: Consumption
Keynesian Consumption Function; Fisher’s Theory of Optimal Intertemporal Choice;
Lifecycle and Permanent Income Hypotheses; Rational Expectations and Random-Walk of
Consumption Expenditure; Ricardian Equivalence Theory.
Unit 3: Investment and Demand for Money
Determinants of Business Fixed Investment; Residential Investment; Inventory investment;
Baumol’s interest sensitivity of money demand function; Tobin’s and Friedman’s approach to
money demand.
Text Books:
1. Rudiger Dornbusch & Stanley Fischer, Macroeconomics, 6th edn. McGraw Hill.
2. N. Gregory Mankiw, Macroeconomics, Worth Publishers, 7th edition, 2010.
3. Charles I. Jones, Introduction to Economic Growth, W.W. Norton & Company, 2nd
edition, 2002.
4. Amartya Sen (ed), Growth Economics, Penguin.
5. Robert J. Gordon, Macroeconomics, 12th ed., Prentice-Hall India Limited.
6. Frederic Mishkin, Macroeconomics: Policy & Practice, Pearson, 2012
Page 24 of 89
BA213: International Economics (L:3, T:1, P:0)
Course Objective:
This course will allow the students to develop 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 will teach 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.
Syllabus:
Unit 1
Introduction and Theories of International Trade: What is international economics about?
An overview of world trade. International Trade Theories – Ricardian and Heckscher-Ohlin
Models; New Trade Theories
Unit 2
Trade Policy – Instruments of Trade Policy; political economy of trade policy; controversies in
trade policy.
Unit III
International Macroeconomic Policy: Fixed versus flexible exchange rates; international
monetary systems
Text Books:
1. P. Krugman, M. Obstfeld, and M. Melitz, International Economics: Theory and Policy,
Addison-Wesley (Pearson Education Indian Edition), 9th edition, 2012.
2. D. Salvatore, International Economics: Trade and Finance, John Wiley International
Student Edition, 10th edition, 2011.
Page 25 of 89
BA214: Introductory Econometrics (L:3, T:1, P:0)
Course Objective:
This course provides a comprehensive introduction to basic econometric concepts and
techniques. It covers statistical concepts of hypothesis testing, estimation and diagnostic testing
of simple and multiple regression models. The course also covers the consequences of and tests
for misspecification of regression models.
Syllabus:
Unit 1
Simple Linear Regression Model: Two variable case estimation of model by method of
ordinary least squares; properties of estimators; goodness of fit; tests of hypotheses; scaling
and units of measurement; confidence intervals; Gauss-Markov theorem; forecasting.
Unit 2
Multiple Linear Regression Model: Estimation of parameters; properties of OLS estimators;
goodness of fit - R2 and adjusted R2; partial regression coefficients; testing hypotheses –
individual and joint; functional forms of regression models; qualitative (dummy) independent
variables.
Unit 3
Violations of Classical Assumptions: Consequences, Detection and Remedies
Multicollinearity; heteroscedasticity; Auto-correlation. Specification Analysis: Omission of a
relevant variable; inclusion of irrelevant variable; JB statistic and DW Statistic.
Text Books:
5. D. N. Gujarati and D.C. Porter, Essentials of Econometrics, 4th Edition, McGraw Hill
International Edition, 2010.
6. Christopher Dougherty, Introduction to Econometrics, 4th edition, OUP, Indian edition,
2011.
7. Maddala, G.S and Kajal Lahiri, Introduction to Econometrics, 4th edition, Wiley
publication, 2009.
8. Jan Kmenta , Elements of Econometrics, Indian Reprint, Khosla Publishing House, 2008.
Page 26 of 89
SEMESTER V
BA301: Development Economics - I (L:3, T:1, P:0)
Course Objective:
The objective of the first part of this course is to discuss alternative conceptions of development
and their justification. The student will be able to learn aggregate models of growth and crossnational comparisons of the growth experience that can help evaluate these models. The
axiomatic basis for inequality measurement is used to develop measures of inequality and
connections between growth and inequality.
Syllabus:
Unit 1
Conceptions of Development: Alternative measures of development, documenting the
international variation in these measures, comparing development trajectories across nations
and within them.
Unit II
Growth Models and Empirics: The Harrod-Domar model, the Solow model and its variants,
endogenous growth models and evidence on the determinants of growth.
Unit III
Poverty and Inequality: Definitions, Measures and Mechanisms Inequality axioms; a
comparison of commonly used inequality measures; connections between inequality and
development, Poverty Measures: Poverty measurement; characteristics of the poor; Poverty
Mechanism: mechanisms that generate poverty traps and path dependence of growth processes.
Text Books:
9. D. Ray, Development Economics, Oxford University Press, 2009.
10. P. Dasgupta, Economics: A Very Short Introduction, Oxford University Press, 2007.
11. A. Banerjee, R. Benabou and D. Mookerjee, Understanding Poverty, Oxford University
Press, 2006.
12. K. Basu, The Oxford Companion to Economics in India, OUP, 2007.
13. A. Sen, Development as Freedom, OUP, 2000.
Page 27 of 89
BA302: Indian Economy I (L:3, T:1, P:0)
Course Objective: The objective of the course is to review major trends in economic
indicators and policy debates in India in the post-Independence period, with particular
emphasis on paradigm shifts and turning points.
Unit I
Economic Development since Independence: Major features of the economy at
independence; growth and development under different policy regimes—goals, constraints,
institutions and policy framework;
Unit II
Regional Imbalances: Income; Education and health. Poverty and malnutrition.
Unit III
Poverty, Inequality and unemployment: Basis poverty and inequality; Types of
unemployment; Trends, measures and issues.
Text Books:
1.
J. Dreze and A. Sen. An Uncertain Glory: India and its Contradictions, Princeton
University Press, 2013.
2. P. Balakrishnan, The Recovery of India: Economic Growth in the Nehru Era,
Economic and Political Weekly, 2007.
3 R.M. Himanshu, Towards New Poverty Lines for India, Economic and Political
Weekly, 2010.
4 J. Dreze and A. Deaton, Food and Nutrition in India: Facts and Interpretations,
Economic and Political Weekly, 2009.
5 R.M. Himanshu, Employment Trends in India: A Re-examination, Economic and
Political Weekly, 2011.
6 R. Baru, 2010, ―Inequities in Access to Health Services in India: Caste, Class and
Region, Economic and Political Weekly, 2010.
7 G. G. Kingdon, The Progress of School Education in India, Oxford Review of
Economic Policy, 2007.
Page 28 of 89
BA303: Predictive Modelling (L:3, T:0, P:2)
Course Objectives:
• To understand the correct framework of predictive modeling process which involves
data partition, attribute reduction, feature selection, model development, hypothesis
testing and model evaluation.
• Be introduced to the most widely used prediction algorithms and techniques like
Logistic Regression analysis, Discriminant Analysis & Cluster Analysis.
• The course also focuses on various concerns in model prediction such as overfitting,
model tuning and class imbalance.
Unit 1: Introduction & Data Preprocessing
Classification vs Regression Algorithms, Key ingredients of predictive models, Prediction
vs Interpretation, Descriptive Statistics, Data transformations to resolve skewness & outliers,
Histogram analysis, Outlier analysis
Attribute Reduction Methods: Univariate Analysis, Correlation-based Feature Selection,
Attribute Extraction: Principal Component Analysis.
Unit 2: Model Development & Model Evaluation
Model Development: Data partition, Attribute reduction, model construction, model
validation, hypothesis testing, results interpretation, Cross-validation
Model Evaluation: Performance measures for categorical dependent variable: Precision,
Recall, F-score, Receiver operating characteristic curve (ROC curve), Area Under the Curve
(AUC), Performance measures for continuous dependent variables: Mean Relative Error,
Mean Absolute Relative Error, Pred(A)
Model-comparison tests: paired t-test, Wilcoxon signed rank test
Unit 3: Classification Models
Binomial Logistic Regression, Discriminant Analysis, Cluster Analysis, Concerns in model
prediction: The Problem of Over-Fitting, Model Tuning, Class Imbalance
Text Books
• Kuhn, M. and Johnson, K. (2013). Applied Predictive Modelling, Springer Verlag.
• Weisberg, S. (2014). Applied Linear Regression, Wiley, Fourth Edition.
• Malhotra, R. (2016). Empirical Research in Software Engineering: Concepts,
Analysis & Applications, CRC press.
Reference Books
• Chatterjee, S. and Hadi, A. (2012). Regression Analysis by Example, John Wiley,
Fifth Edition.
• Frees, E. E, Derrig, E. W, and Meyers, G. (2014). Predictive Modeling Techniques
in Actuarial Science, Vol. I: Predictive Modeling Techniques. Cambridge University
Press.
• Sarma, K.S. (2013), Predictive Modeling with SAS Enterprise Miner: Practical
Solutions for Business Applications, SAS Institute, Second Edition.
• Strickland, J. (2014), Predictive Modeling and Analytics, Lulu.com.
Suggested Reading
• Mayor, E. (2015), Learning Predictive Analytics with R, Packt Publishing.
• Larose, D.T. & Larose, C.D. (2016), Data Mining and Predictive Analytics, Wiley.
Page 29 of 89
SEMESTER VI
BA311: Development Economics II (L:3, T:1, P:0)
Course Objective:
The course teaches the basic demographic concepts and their evolution during the process of
development. The structure of markets and contracts is linked to the particular problems of
enforcement experienced in poor countries. The course also discusses the concept of
sustainable growth.
Syllabus:
Unit 1
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 2
Land, Labour and Credit Markets: The distribution of land ownership; land reform and its
effects on productivity; contractual relationships between tenants and landlords; land
acquisition; nutrition and labor productivity, Credit Markets: Informational problems and
credit contracts; microfinance; inter-linkages between rural factor markets.
Unit 3
Environment and Sustainable Development: Defining sustainability for renewable
resources; a brief history of environmental change; common-pool resources; environmental
externalities and state regulation of the environment; economic activity and climate change.
Globalization: Globalization in historical perspective; the economics and politics of
multilateral agreements; trade, production patterns and world inequality; financial instability
in a globalized world.
Text Books:
1. D. Ray, Development Economics, Oxford University Press, 2009.
2. P. Dasgupta, Economics, A Very Short Introduction, Oxford University Press, 2007.
3. A. Banerjee, R. Benabou and D. Mookerjee, Understanding Poverty, Oxford University
Press, 2006.
4. T. Schelling, Micromotives and Macrobehavior, W. W. Norton, 1978.
5. A. O. Hirschman, Exit, Voice and Loyalty: Responses to Decline in Firms,
Organizations and States, Harvard University Press, 1970.
Page 30 of 89
BA312: Indian Economy II (L:3, T:1, P:0)
Course Objective: This course will enable the student to examine sector-specific polices
and their impact in shaping trends in key economic indicators in India. The objective of
the course is to highlight major policy debates and evaluates the Indian empirical
evidence.
Unit I
Macroeconomic Policies and Their Impact: Fiscal Policy; trade and investment policy;
financial and monetary policies;
Unit II
Policies and Performance in Agriculture& Industry: Growth; productivity; capital
formation; trade; pricing and procurement. Growth; productivity; diversification; small
scale industries, competition policy
Unit III
Trends and Performance in Services: Real Estate; IT enabled services and Banking
and Insurance.
Text Books & Readings:
1.
S. Acharya, Macroeconomic Performance and Policies 2000-8, In Shankar Acharya
and Rakesh Mohan, editors, India’s Economy: Performances and Challenges:
Development and Participation, Oxford University Press, 2010.
2.
R. Mohan, India‘s Financial Sector and Monetary Policy Reforms, in Shankar
Page 31 of 89
BA313: Political Economy (L:3, T:1, P:0)
Course Objective:
Employing perspectives from alternative schools of thought, the objective of this course is to
explore the development of the structure and institutions of capitalist economies and their
relationship to social and political forces.
Syllabus:
Unit 1
Analysing Social Change in Historical Perspective: The method of historical materialism;
the transition from feudalism to capitalism; capitalism as a historical process – alternative
perspectives.
Unit 2
Capitalism as an Evolving Economic System: Basic features; accumulation and crisis; the
modern corporation; monopoly capitalism— alternative perspectives.
Unit 3
The State in Capitalism: The state and the economy – contestation and mutual
interdependence; the state as an arena of conflict; imperialism – the basic foundations.
Unit 4
Changing Dynamics of Capitalist Production, Organizational Form and Labour Process:
Fordist and post-fordist production; changing dynamics of organization of production, markets
and labour process; the changing nature of job security and labour rights.
Text Books:
1. J. Gurley, The Materialist Conception of History, Ch.2.1 in R. Edwards, M. Reich and
T. Weisskopf (ed.), The Capitalist System, 2nd edition, 1978.
2. O. Lange, Political Economy, vol. 1, 1963, Chapters 1 and 2.
3. E.K. Hunt, History of Economic Thought, M.E. Sharpe, Shilpi Publications, 2004.
4. Irfan Habib, 1995, Capitalism in History, Social Scientist, Vol. 23: 15-31.
5. R.L. Heilbroner, Capitalism, in The New Palgrave Dictionary of Modern Economics,
Macmillan, 1987. Also reprinted as Chapter 2 in Behind the Veil of Economics by R.L.
Heilbroner, W.W. Norton, 1988.
6. P. Sweezy, The Theory of Capitalist Development, Monthly Review Press, 1942
7. S. Hymer, The Multinational Corporation and the Law of Uneven Development, in H.
Radice, International Firms and Modern Imperialism, Penguin Books, 1975.
8. G. Gereffi, J. Humphrey and T. Sturgeon, ―The Governance of Global Value
Chainsǁ, Review of International Political Economy, Volume 12: 78–104, 2005.
Page 32 of 89
Syllabi of New /Existing Foundation Courses
SEMESTER I
BA104: Computer and Programming Fundamentals (L:3 T:0 P:2)
Course Objective:
To familiarize students with computer and programming fundamentals and enable them with
knowledge/skills to leverage ICT effectively for various applications in their field.
Unit 1: Computer Fundamentals
Block diagram of computer, functions of various units; Input and output devices, CPU, primary
and secondary memories, memory hierarchy; classification of computers; types of software,
Operating system concepts, functions of OS, types of operating systems; important terms like
directory, file, volume, label, drive name; compiler, interpreter and assembler; Introduction to
computer networks, network topologies, internet, intranet and extranets; internet technologies:
WWW, FTP, IP addresses, ISPs, URL, domain names, web browsers, search engines.
Unit 2: Data representation and processing
Data representation: number systems: decimal, octal, binary and hexadecimal and their
interconversions; representation of integers; character representation codes: ASCII, EBCDIC;
binary arithmetic, floating point arithmetic, signed and unsigned numbers.
Databases: file systems and need for database management systems, characteristics of DBMS,
structured query language (MySQL): datatypes, single table applications, basic operations
(creation, insertion, updation, deletion); simple data retrieval; concept of primary key.
Introduction to spreadsheets for data manipulation using MS Excel.
Unit 3: Programming Fundamentals
Algorithm definition, problem solving, algorithm development, flowcharting, pseudocode,
stepwise refinement, algorithms for searching (linear and binary) and sorting (exchange and
insertion), concepts of datatypes: integer, character, real, boolean; arrays and strings; constants
and variables; arithmetic expressions; assignment statement; logical expression; relational
operators, conditional statements; iterations and loops (for, while, do while); functions, passing
arguments, return statements; recursion.
Text Books:
1. V. Rajaraman, “Fundamentals of Computers”, Sixth ed. PHI.
2. Norton Peter, “Introduction to computers”, 4th Ed., Tata MacGraw Hill.
3. P. K. Sinha & Priti Sinha, “Computer Fundamentals”, BPB Publications, 1992.
Reference Books:
1. Alex Leon & Mathews Leon, “Fundamentals of Information Technology”, Leon
Techworld, 1999.
2. Thareja, R. (2014). Fundamentals of Computers. Oxford University Press.
Practical component would be based on MS Excel, MySQL and writing
pseudocode/flowcharts.
Page 33 of 89
BA105: ENVIREONMENTAL STUDIES (L:2 T:0 P:0)
Course Objective
The basic objective of this paper is to highlight the basic fundamental of environmental
science, complexity of ecosystems, major environmental problems including their causes
and consequences. This course endeavors to provide a background to current and
controversial environmental issues and possible solutions to environmental problems.
Unit I
Environmental Studies: Ecosystems, Bio-diversity and its Conservation -The
Multidisciplinary Nature of Environmental Studies; Definition, scope and importance of
Environmental Studies. Biotic and abiotic components of environment, need for environmental
awareness. Ecosystems: Concept of an ecosystem, structure and function of an ecosystem,
producers, consumers and decomposers, energy flow in the ecosystem, ecological succession, food
chains, food webs and ecological pyramids. Introduction, types, characteristic features, structures and
function of different ecosystem. Bio-diversity and its Conservation: Introduction to biodiversity
—definition: genetic, species and ecosystem diversity, Bio-geographical classification
of India, Value of biodiversity: Consumptive use, productive use, social, ethical,
aesthetic and option values, Biodiversity at global, national and local levels, India as a
mega-diversity nation, Hot-spots of biodiversity, Threats to biodiversity: Habitat loss,
Poaching of wildlife, man wildlife conflicts, rare endangered and threatened species
(RET) endemic species of India, method of biodiversity conservation: In- situ and exsitu conservation.
Unit II
Natural Resources: problems and prospects
- Renewable and Non-renewable Natural Resources, Concept and definition of Natural
Resources and need for their management, Forest resources: Use and over-exploitation,
deforestation, case studies, timber extraction, mining, dams and their effects on forests
and tribal people. Water resources: Use and over- utilization of surface and ground
water, floods, drought, conflicts over water, dams-benefits and problems, Water
conservation, rain water harvesting, watershed management. Mineral resources: Uses
are exploitation, environmental effects of extracting and using mineral resources, case
studies. Food resources: World food problems, changes caused by agriculture and overgrazing, effects of modern agriculture, fertilizer-pesticide problems, water logging,
salinity, case studies. Energy resources: Growing energy needs, renewable and nonrenewable energy sources, use of alternate energy sources, Urban problems related to
energy, case studies. Land resources: Land as a resource, land degradation, man induced
landslides, soil erosion and desertification.
Unit III
Environmental
Pollution
Control: Environmental Pollution, Definition,
types, causes, effects and control measures of (a) Air pollution, (b) Water pollution, (c)
Soil pollution,
(d) Marine pollution, (e) Noise pollution, (f) Thermal pollution. Nuclear hazards. Solid
waste and its management: causes, effects and control measures of urban and industrial
waste, Disaster Management, Social Issues, Human Population and the Environment.
Social Issues, Social movements: Chipko movement, Narmada movement. Human
Population and the Environment, 5. Sustainable development, Climate change, global
Page 34 of 89
warming, acid rain, ozone layer depletion,
Unit IV
Environmental ethics: Issues and possible solutions, Consumerism and waste products,
Wasteland reclamation. Population growth, problems of urbanization.
Text Books:
1. E. Barucha, Textbook of Environmental Studies for Undergraduate Courses,
Universities Press (India) Pvt. Ltd, 2005.
2.
S. Chawla, A Textbook of Environmental Studies, McGraw Hill Education Private
Limited, 2012.
Page 35 of 89
SEMESTER II
BA114 : Programming using Python (L:3 T:0 P:2)
Course Objective:
The course objective is to familiarize students with the concepts in Python programming. The course
introduces Python’s data structures, functions and important libraries so as to equip students to create
programs for data manipulation.
Unit 1:
Introduction to Python programming: Interactive mode and script mode, structure of a program,
script execution, debugging-errors, comments and error messages. Identifiers, keywords, constants,
variables, data types and assignments. Arithmetic operators and expressions, relational operators,
conditions and logical operators, operator precedence. Input and output statements, control structures:
if-else, loops, break and continue statements. Introduction to in-built functions: invoking functions.
Handling missing data values: isnull, notnull.
Unit 2:
Inbuilt data structures (strings, lists, tuples and dictionary): Strings: initialize strings, subscript
operator, access elements, string operations, built-in string functions and methods, slicing a string,
escape sequences. Lists: concepts of mutable lists, list operations: create, initialize, access, traverse,
append/insert new elements, search, sort, replace, removing elements; inbuilt list functions and
methods, list comprehensions. Tuples: concepts of immutable tuples, tuple operations: create, initialize,
access elements; tuple assignment, slicing, and indexing. Dictionary: concept of key-value pair, literals,
operations: create, initialize, access, traverse, append, add and remove keys, dictionary functions and
methods.
Unit 3:
Working with Python libraries and writing functions: Introduction to python libraries: NumPy,
Pandas, Matplotlib, importing libraries. Data visualization using Matplotlib library, plotting graphs: line
plot, bar chart, scatter plot. NumPy and Pandas datatypes, basic operations: create, access, slice, add
and remove, reshape, indexing. Introduction to user-defined functions: parameters, scope of variables,
passing parameters, void functions, functions returning values, invoking functions.
Reference material:
1. Mckinney, W. (2017). Python for Data Analysis. Second edition, O’reilly (SPD)
2. VanderPlas, J. (2016). Python Data Science Handbook: Essential Tools for Working with
Data. Second edition, O’reilly (SPD).
3. Guttag, J. V. (2013). Introduction to computation and programming using Python. MIT Press.
4. Liang, Y. D. (2013). Introduction to Programming using Python. Pearson.
5. T. Budd, Exploring Python, TMH, 1st Ed, 2011
6. Urban, M. & Murach, J. (2018). Python Programming. Shroff
Page 36 of 89
BA115: English Communication (L:2 T:0 P:0)
Course Objective
The objective of this course is to teach the students the concepts of communication, reading,
writing and understanding.Unit I
Introduction: Theory of Communication, Types and modes of Communication,
Language of Communication: Verbal and Non-verbal (Spoken and Written), Personal,
Social and Business, Barriers and Strategies, Intra Personal, Inter Personal and Group
Communication.
Unit II
Speaking Skills: Monologue, Dialogue, Group Discussion, Effective Communication/
Mis- Communication, Interview, Public Speech.
Unit III
Reading and Understanding: Close Reading, Comprehension, Summary
Paraphrasing, Analysis and Interpretation, Translation (from Indian language to English
and vice-versa), Literary/Knowledge Texts.
Unit IV
Writing Skills: Documenting, Report Writing, Making notes, Letter Writing
Text Books:
1. G. Mishra, B.I. Biswas, Language through Literature, Primus Books, Delhi, 2015.
2.
Fluency in English Part II , Oxford University Press, 2006.
3.
Business English, Pearson, 2008.
Page 37 of 89
SEMESTER IV
BA215: Econometric Analysis Package (EViews/ R /Stata: ANY ONE) (L:0, T:0,
P:4)
Course Objective:
This course seeks to provide a basic introduction to an econometric computer package with a
view to help the students estimate an econometric model and analyse the results. The course
covers analysis of data using summary statistics and graphs, estimation and diagnostic testing
of simple and multiple regression models, regression with qualitative variables and the tests
and remedies for misspecification of regression models.
Syllabus:
Unit 1
Data Analysis: Generation of data sets and data transformation; data analysis (Graphs and
Plots, Summary Statistics, Correlation Matrix etc.)
Unit 2
Regression Analysis: Running an OLS regression; Testing for Linear Restrictions and
Parameter Stability. Regression Diagnostics: Collinearity, Autocorrelation, Heteroscedasticity,
Normality of residuals
Unit 3
Working with Dummy Variables: Generating dummy variables; regression with dummy
variables; use of interaction terms; regression with qualitative and quantitative variables
Text Books:
14. Damodar Gujarati, Econometrics by Example, 2nd edition, Palgrave Macmillan, 2014.
15. Jeffrey M. Wooldridge, Introduction to Econometrics: A Modern Approach, 5th
Edition, Cengage Learning, 2014.
16. Relevant Instruction Manual for the Software
Page 38 of 89
SYLLABUS OF GENERIC ELECTIVE COURSES (GECs)
SEMESTER 1
BAG101
Principles of Management
(L:4, T:0, P:0)
Course Objective: The course aims at providing fundamental knowledge and exposure to the
concepts, theories and practices in the field of management.
SYLLABUS:
Unit I:- Introduction: Concept, Nature, Process and Significance of Management; Managerial
levels, skills, Functions and Roles; Management vs. Administration; Coordination as Essence
of Management; Development of Management Thought: Classical, Neo-Classical, Behavioral,
Systems and Contingency Approaches.
Unit II :-Planning: Nature, Scope and Objectives of Planning; Types of plans; Planning
Process; Business Forecasting; MBO: Concept, Types, Process and Techniques of DecisionMaking; Bounded Rationality. Organizing: Concept, Nature, Process and Significance;
Principles of an Organization; Span of Control; Departmentation; Types of an Organization;
Authority, Responsibility; Delegation and Decentralization; Formal and Informal
Organization.
Unit III:-Staffing: Concept, Nature and Importance of Staffing. Motivating and Leading:
Nature and Importance of Motivation; Types of Motivation; Theories of Motivation: Maslow,
Herzberg, X, Y and Z; Leadership: Meaning and Importance; Traits of a leader; Leadership
Styles – Likert’s Systems of Management, Tannenbaum & Schmidt Model and Managerial
Grid.
Unit IV:- Controlling: Nature and Scope of Control; Types of Control; Control Process;
Control Techniques – Traditional and Modern; Effective Control System. Communication:
Basic Forms of Communication, Process of Communication, Principles of Effective Business
Communication, 7Cs; Media of Communication: Types of Communication: Barriers of
Communication.
Text Books:
• S.P. Robbins, “Fundamentals of Management: Essentials Concepts and Applications”,
Pearson Education, 2014.
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• D. Gilbert, J.A.F. Stoner and R.E. Freeman, “Management”, Pearson Education, 2014. • H.
Koontz, “Essentials of Management”, McGraw Hill Education, 2012.
• C. B. Gupta, “Management Concepts and Practices”, Sultan Chand and Sons, New Delhi,
2012.
• A. W. Ghillyer, “Management- A Real World Approach”, McGraw Hill Education, 2010
. • K. Mukherjee, “Principles of Management”, McGraw Hill Education, 2012
BAG102
Introduction to Business
(L:4, T:0, P:0)
Course Objectives:
1. Introduce the students to the field of business
2. Develop an understanding of the business processes, management and its functional areas
3. To understand the forms of organisation, the offline and e-commerce business platforms,
4. To appreciate the entrepreneurship process and ecosystem.
Unit 1: Business and its Environment
Role of Business in the Economy Global business environment. Forms of business
organization. Limited and Unlimited Liability: LLP. Entrepreneurship - stages, characteristics,
policy and schemes; Business Ethics and Corporate Responsibility.
Unit 2: Principles of Management
Definition and Functions of Management: Planning, Organizing, Staffing, Directing and
Controlling. Management Process. Early Thinkers in Management – Taylor and Fayol. People
Management. Motivation. Content Theories: Maslow and Herzberg; Process Theories.
Organizational Structures – Types.
Unit 3: Accounting and Financial Management
Basic concepts in accounting, debt and credit, balance sheet, income statements, cash flows,
financial statement, acid ratios, time value of money and return on investment. Three functions
of Financial Management. Financial institutions, banks and NBFIs; Functions of the stock
exchange.
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Unit 4: Marketing and Sales
Role of marketing in a business. De-marketing, negative marketing, social marketing and
societal marketing. Marketing plan.
Marketing process, segmentation targeting and
positioning. The Marketing Mix Strategy: 4 Ps. Consumer behavior stages. Concept of
customer value and satisfaction. Product and new development process. Elements of a brand.
Digital marketing and social media marketing.
Textbook:
1. Laura Dias and Amit Shah, Introduction to Business, 2012, McGraw Hill Education: New
Delhi. ISBN-10: 125902864X, ISBN-13: 978-1121085084
Suggested Reference books:
1. Ebert, R. J. & Griffin, R. W. (2015). Business Essentials (10th ed.) Upper Saddle River, NJ:
Pearson Education, Inc. ISBN-13: 978-0-13-345442-0
2. Nickels, W. G., McHugh, J., & McHugh, S. (2015). Understanding Business 11th ed. Irwin,
McGraw-Hill New York, ISBN 9780259310034.
3. Bovee, Courtland L & Thill, John V. Business in Action, 5th edition, 2011 (FGCU Custom
Ed) ISBN: 13‐978‐0‐13‐213965‐6
4. Madura, Jeff, Introduction to Business, 3rd Edition, 2003, South-Western, USA. ISBN10: 0324186266; ISBN-13: 978-0324186260
Page 41 of 89
SEMESTER II
BAG103
Financial Markets and Institutions
(L:4, T:0, P:0)
Course Objectives: The course aims to introduce students to the basic concepts of Financial
Markets & major Financial institutions. The course will help in familiarizing students with
components of Indian Financial system, its various phases of development, reforms in financial
markets, various components & instruments of financial markets.
SYLLABUS
Unit 1: Financial System
Components, features and structure of financial system, role of financial system in the
economic development of a country. Linkage between savers and users of funds
Indian Financial System – Reforms in Indian Financial system and phases of growth of
Indian Financial System
Unit 2: Financial Markets
Capital Markets – Functions, organization and instruments of Capital Markets. New Issues
markets, stages and methods of flotation of securities. Secondary markets – Introduction, role
of stock exchange in the economic development. Market instruments and intermediaries.
Advent of Algo trading and High frequency data in Capital Markets.
Money Markets – Functions, organization, and major instruments of Money markets.
Unit 3: Financial Institutions
Indian banking industry – RBI – Introduction, regulatory role of Reserve Bank of India,
commercial banking, features, instruments, recent developments, Development Financial
Institutions, overview and role in Indian economy.
New-Age Banking - Evolution of Payments Banks, Small-Savings Banks, UPI Interface and
Digital Payments. Economy and increased money velocity in the age of cashless transactions,
Pay Wallets and Smart money.
Unit 4: Mutual Funds – Introduction, organization, structure, functions played by Mutual
Funds.
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Unit 5: Hybrid Financial services –
Introduction, development and organisation - Merchant banking & Investment banking,
credit rating, venture capital, hire-purchase, housing finance, factoring.
Suggested readings:
1. M.Y. Khan, Indian Financial System, McGraw Hill Education (India) Private
Limited, 2013.
2. N. K. Gupta, M. Chopra, Financial Markets, Institutions & Services, Ane Books
Pvt. Ltd., 2013.
3. Jeff Madura, Financial Markets & Institutions, Cengage Learning, 12th Edition.
BAG104
Marketing Management
(L:4, T:0, P:0)
Course Objective
The objective of this course is to familiarize the students with the foundation terms and
concepts that are commonly used in marketing. It also identifies the essential elements for
effective marketing practice. This course will teach the students about complete relationship
between marketing and other management functions.
Unit I
Introduction to Marketing
Nature, Scope and Importance of Marketing, Basic concepts, Marketing Environment,
Marketing Strategy
Unit II Concepts in Marketing
Marketing Research – Introduction to research, qualitative and quantitative techniques,
sampling techniques
Consumer Behaviour – Factors affecting consumer behaviour, Consumer Decision Making
Process
Market Segmentation, Targeting and Positioning –Types of segmentation, Targeting
Strategies, Positioning for competitive advantage
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Unit III Marketing Mix
Product: Product Levels, Product Strategy, Product Development, Product Lifecycle and
Product Mix.
Pricing Decisions: Designing Pricing Strategies, Pricing Techniques.
Place: Types of Channels, Channel Strategies, Designing and Managing Marketing Channel,
Retailing, Physical Distribution, Marketing Logistics and Supply Chain Management.
Promotion: Push vs. Pull Strategy; Promotional Objectives, Advertising- Meaning and
Importance, Media Decisions, Promotion Mix, Personal Selling-Nature, Importance and
Process, Sales Promotion – Purpose and Types; Publicity and Public Relations- Definition,
Importance and Methods.
Unit IV
Emerging Issues in Marketing: Integrated Marketing, Online Marketing, Rural Marketing,
Social Marketing, Green Marketing, Ethics in Marketing
Text Books
1. 1. Kotler, Armstrong, Agnihotri and Haque, (2012), Principles of Marketing- A South Asian
Perspective, Pearson Education.
2.Ramaswamy and Namkumar,S.,(2013), Marketing Management Global Perspective:
Indian Context, McMillan, Delhi.
BAG105
Trade Policy: Procedures and Practices
(L:4, T:0, P:0)
Course Objective: This course is a basic course in Foreign Trade as a base course in
International Business area. The purpose is to familiarize the students with India’s Trade
Pattern, Policies and Procedure. They would know details of export marketing and trade
finance rules, documents, and procedures.
Unit I: Foreign Trade Trends and Policy
1. Introduction to Foreign trade: India’s foreign trade, Growth, Composition and
Direction, Recent Trends in India’s Foreign Trade.
2. Foreign Trade Policy: Salient Features of India’s EXIM Policy Export Processing
Zones: 100 % Export Oriented Units; Free Trade Zones, Special Economic Zones,
Export Promotion Industrial Parks.
3. Institutional Setup for Export Promotion: EIC and EIA, ITPO, DGFT, IIFT.
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Unit II: Export Marketing
1. Steps for exporting or export production. Shipment or export assistance and facilities.
Export production procurement and pre shipment inspection.
2. Pricing for Exports – Price quotations, Transfer pricing, counter trading, and payment
terms.
3. Need, rationale and types of export documents. Obtaining export and import licenses.
(IEC): Procedures, Forms, Fees, and modalities
Unit III: Trade Finance
1. Pre shipment finance, Post shipment Finance, External Commercial Borrowings (ECB),
Post shipment credit on deferred payment terms, Post shipment advances against duty
drawback entitlements.
2. Export Payment Terms: Letter of credit: Types of L/C, Bill of Exchange, Letter of
Understanding.
3. Role of Acceptance houses and discount houses, Factoring and Forfaiting. Receivables
Discounting and Asset Backed Finance.
Readings:
1. Paras Ram and Nikhil Garg (2017). Export: What, Where and How? Anupam
Publications, New Delhi.
2. Varshney R.L. and B. Bhattacharya (2015). International Marketing Management. An
Indian Perspective. Sultan Chand and Sons, New Delhi.
3. Varshney R.L. and S. Bhashyam (2009). International Financial Management. An
Indian Perspective. Sultan Chand and Sons, New Delhi.
4. Francis Cherunilam (2015). International business. Himalaya Publications. New Delhi.
Page 45 of 89
BAG106
Human Resource Management
(L:4, T:0, P:0)
Unit-1: Human Resource Management: Concept and Functions, Role, Models, Status of HR,
HR Policies, Evolution of HRM. Emerging Challenges of Human Resource Management;
workforce diversity, empowerment, Downsizing; VRS.
Unit-2: Human Resource Planning: Human Resource Planning- Quantitative and Qualitative
dimensions; Recruitment – Concept and sources; (E-recruitment, recruitment process
outsourcing, etc.); Selection – Concept and process; test and interview; placement induction.
Job analysis – job description and job specification; job design; Job Enlargement; Job
Enrichment and flexitime.
Unit-3: Training and Development: Concept and Importance; Identifying Training and
Development Needs; Designing Training Programmes; Role Specific and Competency-Based
Training; Evaluating Training Effectiveness; Management Development
Unit-4: Performance appraisal: Nature and objectives; Techniques of performance appraisal;
potential appraisal and employee counseling; Internal mobility – promotions, demotion,
transfers, and separation. Compensation: concept and policies; job evaluation.
Text Books:
• Dessler, G. & Varkkey B., (2015), “Human Resource Management”, (14th Ed.), Pearson
Education.
• Denisi, A., Griffin, R. and Sarkar, A. (2014), “Human Resource Management”, Cengage
Learning (India Edition).
Reference Books:
DeCenzo, D. A. and Robbins, S. P. (2011). “Fundamentals of Human Resource Management”,
(10th ed.). John Wiley.
• Torrington, D. (2014), “Human Resource Management”, (9th ed.), Pearson Education.
• Lepak, D. & Gowan M. (2009), “Human Resource Management”, Pearson Education.
Page 46 of 89
SEMESTER III
BAG201
Financial Management
(L:4, T:0, P:0)
Course Objectives: The objective of the course is to acquaint the students with the overall
framework of financial decision- making in a business unit. It would try to develop skills for
interpretation of business information and application of financial theory in financing related
decisions and develop the analytical skills by associating the tools and techniques with the
situation.
Unit 1 Financial management
Introduction to financial management, objectives of financial management. Changing role of
finance managers. Interface of Financial Management with other functional areas. Profit Vs.
Wealth Maximization
Emerging Issues in financial management:
Risk management, Behavioral finance and financial engineering. Introduction to Financial
System. Financial markets, Financial Instruments, Financial institutions and financial services.
Introduction to derivatives.
Unit 2 Time value of money
Future value of single cash flow & annuity, present value of single cash flow, annuity &
perpetuity. Simple interest & Compound interest
Unit 3 Cost of Capital
Basic concepts. Cost of debenture capital, cost of preferential capital, cost of term loans, cost
of equity capital (Dividend discounting and CAPM model) - Cost of retained earnings Determination of Weighted average cost of capital (WACC) and Marginal cost of capital.
(Theory & Problem)
Unit 4 Investment decisions
Capital budgeting process, Investment evaluation techniques – Net present value, Internal rate
of return, Modified internal rate of return, Profitability index, Payback period, discounted
payback period, accounting rate of return (Theory & Problem). Capital rationing; Risk analysis
in capital budgeting (Theory only)
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Unit 5 Working capital management
Factors influencing working capital requirements - Current asset policy and current asset
finance policy- Determination of operating cycle and cash cycle - Estimation of working capital
requirements of a firm. Preparation of Cash Budget, Inventory Management: EOQ Problem
Unit 6 Capital structure and dividend decisions
Planning the capital structure. Leverages, EBIT and EPS analysis. ROI & ROE analysis.
Capital structure policy. Dividend policy – Factors affecting the dividend policy - Dividend
Policies- Stable Dividend, Stable Payout (No dividend theories to be covered). Case Study on
EBIT-EPS analysis & Leverages.
Suggested Readings
1. Van Horne, J.C., Financial Management and Policy, Prentice Hall of India.
2. Khan. M. Y., and Jain.,, P. K Financial Management, Text and Problems, Tata McGraw Hill
New Delhi.
3. Rustogi, R. P., Basic Financial Management, Sultan Chand and Sons, New Delhi.
4. Chandra, Prasanna ,Financial Management-Theory and Practice, Tata McGraw Hill.
BAG202
E-Commerce
(L:4, T:0, P:0)
Course Objective:
The course imparts understanding of the concepts and various application issues of ecommerce like Internet infrastructure, security over internet, payment systems and various
online strategies for e-commerce.
Unit I
Introduction to E-Commerce: Electronic Business, Electronic Commerce, Types of Electronic
Commerce, Benefits, Limitations and Barriers of E-commerce, Electronic Commerce Models,
Value Chains in Electronic Commerce, E-Commerce in India., Web Based Tools for Electronic
Commerce, e-Marketing, Intranet, Composition of Intranet, Business Applications on Intranet,
Extranets. Electronic Data Interchange, Components of Electronic Data Interchange,
Electronic Data Interchange Communication Process.
Page 48 of 89
Unit II
Security Issues in e-business: Basic E-Commerce Security issues, Electronic Commerce
Threats, E-Commerce Security Strategy, Encryption, Digital Signatures, Digital Certificates,
Securing E-commerce Networks: Firewalls, Personal Firewalls, IDS, VPNs, Public Key
Infrastructure (PKI) for Security.
Unit III
Electronic Payment System: Concept of e-Money, Internet Banking, Electronic Payment
System, Types of Electronic Payment Systems, Smart Cards, Infrastructure Issues in EPS,
Electronic Fund Transfer.
Unit IV
E-Business Applications & Strategies: Business Models & Revenue Models over Internet,
Emerging Trends in e-Business, Digital Commerce, Mobile Commerce, Basics of Internet
Enabled SCM-e Supply Chain, Strategies for E-Commerce, Internet based Business Models;
Legal, Ethical and Societal Impacts of E-Commerce.
Text Books:
• E. Turban, D. King, D. Viehland, J. Lee, “Electronic Commerce – A Managerial
Perspective”, Pearson Education, 2012.
• B. Bhaskar, “Electronic CommerceFramework, Technologies and Applications”, Tata
McGraw Hill, 2013. P- 23
• M. Elias, “Electronic Commerce-From Vision to Fulfillment”, PHI Learning, 2010. •
• D. Chaffey, “E-Business and E-Commerce Management- Strategy, Implementation
anPractice”, Pearson Education, 2013.
• P. T. Joseph, “E-Commerce – An Indian Perspective”, PHI, 2012.
• S. Gary, “Electronic Commerce”, Cengage Learning, 2014.
Page 49 of 89
BAG203
Logistics and Supply Chain Management
(L:4, T:0, P:0)
Course Objectives:
The objectives of this course are to provide the student with:
1. An understanding of the primary differences between logistics and supply chain
management
2. The discipline of supply chain management, which enables firms to better coordinate
information and materials flows, and customer service activities relevant to purchasing,
logistics, and operations processes that occur along a supply chain
3. An understanding of the tools and techniques useful in implementing supply chain
management
4. Knowledge about the recent issues in supply chain management
5. How supply chain management impacts all of the areas and processes of the firm
Unit 1: Introduction
Supply Chain management: Basic Concept & Philosophy of Supply Chain Management;
Essential features, objectives and needs, importance, value chain, components of supply
chain, Various flows (cash, value and information), Key Issues in SCM, benefits and case
examples, Green SCM & its importance, Role of Computer / IT in Supply Chain
Management, CRM Vs. SCM, Benchmarking concept, Outsourcing-basic concept
Logistics Management: Origin and Definition, types of logistics, Logistics as part of SCM,
Logistics costs, different models, logistics subsystem, Inbound and Outbound logistics,
Bullwhip effect in logistics, Transportation- role of transportation in logistics, Application
of IT in logistics
Unit 2: Supply and Warehouse Management
Vendor selection, rating, Supply management, Warehouse management, JIT, Distribution
requirements planning (DRP) Warehousing – nature and importance, warehousing functions,
layout and design of warehouse, role of packaging
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Inventory Management: Concept, various costs associated with inventory, various EOQ
models, buffer stock (trade-off between stock out / working capital cost), lead time reduction,
re-order point / re-order level fixation, ABC, SDE / VED Analysis, Just-In-Time & Kanban
System of Inventory management.
Unit 3: Purchasing & Vendor management
Centralized and decentralized purchasing, functions of purchase department and purchase
policies. Use of mathematical model for vendor rating / evaluation, single vendor concept,
management of stores, accounting for materials.
Text Books:
•
A. Rushton, P. Croucher, and P. Baker: The handbook of logistics and distribution
management: Understanding the supply chain. Kogan Page Publishers, 2014.
•
Donald J Bowersox, David J Closs and M Bixby Cooper, 2008, Supply Chain
Logistics Management, 2nd edition, McGraw Hill.
•
Charry, S.N (2005). Production and Operation Management- Concepts, Methods &
Strategy. John Willy & Sons Asia Pvt . Limited.
•
Donald J. Bowersox and David J. Closs, 2000, Logistical management-The
integrated Supply Chain Process, 8th reprint, McGraw-Hill.
Reference Books:
•
Wisner, J.D. (2016), Operations Management: A Supply Chain Process Approach,
Sage Publications.
•
Coyle, Bardi, Longley (2006), The management of Business Logistics – A supply
Chain Perspective, Thomson Press.
•
Wisner, J.D., Kean-Choon Tan, G. Keong Leong (2012), Principles of Supply Chain
Management : A Balanced Approach, Cengage Learning.
•
A. R.. Ravindran, and D.P. Warsing Jr.: Supply Chain Engineering: Models and
Applications. CRC Press, 2012.
•
S. Chopra and P. Meindl: Supply Chain Management, Upper Saddle River, N.J.:
Pearson Prentice Hall, 2007.
Page 51 of 89
BAG204
Organizational Behaviour
(L:4, T:0, P:0)
Course Objective: The objective of this course is to make students familiar with basic concepts
of human resource management and people related issues.
Unit 1: Introduction to Organizational Behaviour: Concept of Organizational
Behaviour (OB)- Importance of Organizational Behaviour2¬ Key Elements of
Organizational Behavior, Role of Managers in OB- Interpersonal Roles-Informational
Roles- Decisional Roles, Foundations or Approaches to Organizational Behavior,
Challenges and Opportunities for OB
Unit 2: Introduction to Interpersonal Behaviour: Nature and meaning of Interpersonal
Behaviour, Concept of Self, Transaction Analysis (TA), Benefits and uses of
Transactional Analysis, Johari Window
Unit 3: Learning: Learning and Learning Cycle, Components of Learning, Theories of
Learning
Unit 4: Introduction to Personality: Definition and Meaning of Personality
-
Importance of Personality, Determinants of Personality, Theories of Personality,
Personality Traits Influencing OB
Unit 5: Motivation: Definition and Meaning, Theories of Motivation, Application of
theories in Organizational Scenario
Unit 6: Leadership: Definition and Meaning, Theories of Leadership, Contemporary
Business Leaders
Unit 7: Organizational Stress: Definition and Meaning, Sources of Stress, Types of
Stress, Impact of Stress on Organizations, Stress Management Techniques
Unit 8: Organizational Conflict: Definition and Meaning, Sources of Conflict, Types
of Conflict, Conflict Management Approaches
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Text Books:
• Robbins, S.P. Judge, T.A., Vohra, N. (2016), “Organizational Behaviour”, (16th Ed.),
Pearson Education.
• Nahavandi, A., Denhardt R. B., Denhardt, J. V.,Aristigueta M. P. (2015), “Organizational
Behavior”, Sage Publications.
Reference Books:
• Greenberg, J. and Baron, R.A. (2015), “Behaviour in Organization”, Pearson Education.
• Newstrom, J.W. & Davis, K (2014), “Organizational Behaviour at Work”, Tata Mc
GrawHill.
Suggested Readings:
• George, J. M. & Jones, G.R. (2012), “Understanding and Managing Organizational
Behaviour”, (6th Ed.) Pearson Education.
• Nelson D.L., Quick, J.C. & Khandelwal, P. (2014), “Organizational Behaviour”, (2nd Ed.),
Cengage Learning.
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SEMESTER IV
BAG205
Investment Management
(L:4, T:0, P:0)
Course Objectives: The aim of this course is to provide a conceptual framework for analysis
from an investor‘s perspective of maximizing return on investment – a sound theoretical base
with examples and references related to the Indian financial system.
Unit-1 Investment
Attributes, Economic vs. Financial Investment, Investment and speculation, Features of a good
investment, Investment Process.Financial Instruments: Money Market Instruments, Capital
Market Instruments, Derivatives.
Unit 2 Securities Market:
Primary Market - Factors to be considered to enter the primary market, Modes of raising funds
Secondary Market- Major Players in the secondary market, Functioning of Stock Exchanges,
Trading and Settlement Procedures, Leading Stock Exchanges in India.Stock Market
Indicators- Types of stock market Indices, Indices of Indian Stock Exchanges.
Unit 3 Risk and Return Concepts
Concept of Risk, Types of Risk- Systematic risk, Unsystematic risk,Calculation of Risk and
returns. Portfolio Risk and Return: Expected returns of a portfolio, Calculation of Portfolio
Risk andReturn, Portfolio with 2 assets, Portfolio with more than 2 assets. Concept of efficient
frontier & optimum portfolio. Market Model: concept of beta systematic and unsystematic risk.
Investor risk and return preferences: Indifference curves and the efficient frontier,
Unit 4 Valuation of securities
Bond- Bond features, Types of Bonds, Determinants of interest rates,Bond Management
Strategies, Bond Valuation, Bond Duration. Preference Shares- Concept, Features,
Yields.Equity shares- Concept, Valuation, Dividend Valuation models.
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Unit 5 Macro-Economic and Industry Analysis
Fundamental analysis-EIC Frame Work, Global Economy, Domestic Economy, Business
Cycles, Industry Analysis.
Company Analysis- Financial Statement Analysis, Ratio Analysis.
Technical Analysis – Concept, Theories- Dow Theory, Eliot wave theory. Charts-Types, Trend
and Trend Reversal Patterns. Mathematical Indicators – Moving averages, ROC, RSI, and
Market Indicators. (Problems in company analysis & Technical analysis)
Market Efficiency and Behavioural Finance: Random walk and Efficient Market
Hypothesis,Forms of Market Efficiency, Empirical test for different forms of market
efficiency.
Behavioural Finance – Interpretation, Biases and critiques. (Theoretical part only)
Suggested Readings
1. Sharpe, W.F., Alexander, G.J. & Bailey, J.: Investments, Prentice Hall of India.
2. Fischer, D.E. & Jordan, R.J.: Security Analysis & Portfolio Management,
PearsonEducation.
3. Frank K Reilly & Keith C Brown: Investment Analysis and Portfolio Management,
CenageIndia Pvt. Ltd
Page 55 of 89
BAG206
Digital Marketing Analytics
(L:4, T:0, P:0)
Course Objective
The objective of this course is to familiarize students with the fundamental concepts of digital
marketing and its current evolutions. The course further aims to equip students with the
knowledge of different facets of digital marketing including social media listening, search
analytics, audience analysis and content analysis so that they can develop the ability to
understand and leverage best practices for digital strategy.
Course Outcomes
•
•
•
•
•
Describe digital media landscape and analyze how digital marketing can channelize
marketing efforts in the right direction.
Identify various metrics for different types of social media channels.
List the key elements of a digital marketing strategy.
Develop basic knowledge about different social media listening tools that are available to
monitor online traffic to measure engagement and conversion for various marketing
activities.
Learn about SEO, search analytics, content analysis, and importance attribution modeling
and identification of suitable target audience for different digital marketing campaigns.
Unit 1
Introduction: understanding the digital media landscape: digital media types, paid, owned and
earned media; understanding digital analytics concepts: owned & earned social metrics,
demystifying web data, searching for the right metrics, paid & organic searches, aligning digital
and traditional analytics: traditional media monitoring, traditional CRM data.
Unit 2
Search engine optimization (SEO), different phases in SEO, SEO (white hat and black hat)
tactics, display advertising: buying models, search engine advertising: concept of AdRank,
AdAuction model. Multi-channel attribution and its different models.
Unit 3:
Social media listening evolution, social media listening and engagement tools: important
features and considerations. Search analytics: basics of search, search analytics use cases, free
tools. Content analysis: content audit and its checklist, real time analytics, content distribution
and consumption.
Unit 4
Search analysis: search analytics for digital strategy, content strategy, planning and paid
advertising. Return on investment: defining ROI, return on engagement, return on influence,
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return on experience, properly tracking ROI, Top-down revenue measurement and Bottom-up
measurement approaches.
Text Books
•
•
C. Hemann and K. Burbary, Digital Marketing Analytics: Making sense of consumer data
in a digital world, Que Publishing, 2013.
Dodson, Ian: The Art of Digital Marketing - The Definitive Guide to Creating
Strategic, Targeted, and Measurable Online Campaigns. Wiley
Reference Books
•
•
•
•
•
Ryan, Damien: Understanding Digital Marketing. Kogan Page Limited. 2014
Chaffey, D., Chadwik, F. E. (2015), “Digital Marketing: Strategy, Implementation and
Practices”, Pearson Education.
Bendle, N.T., Farris, P.W., Pfeifer, P.E., Reibstein, D.J. Marketing Metrics, Pearson
Education, Third Edition.
S. Sorger, Marketing Analytics: Strategic Models and Metrics, Admiral Press, 2013.
M. Sponder and G.F. Khan, Digital Analytics for Marketing, Routledge, 2017.
BAG207
International Business
(L:4, T:0, P:0)
Objective: The objective of the course is to familiarize the students with the emerging global
business environment. Also, the importance and dynamics of international including different
modes of entry. It deals with global business operations and developments. The course is laid
out in three Units. One on introductory concepts; the second unit is about Multinational
Enterprise and the third is about international marketing and finance.
Unit 1: Introduction to International Business
1. Introduction: Areas in International Business – International Trade, Finance, Marketing
and Logistics. Globalization and its importance in world economy and the impact of
globalization.
2. International Business Environment: Domestic Business Environment and Global
Business Environment and their components - economic, cultural, and political-legal
environments. Ease of Doing Business.
3. Globalization: Harmonization- Trade, Laws, Practices and Culture. World Trade
Organization: IPRs and Sanitary and Phyto-Sanitary conditions.
Page 57 of 89
Unit –II: Multinational Enterprise
1. Multinational Enterprise: Home and Host Country. Modes of entry into international
business. Internalization and internationalization.
2. Organisational structure for international business operations; International business
negotiations. Complexities of international business.
3. Developments and Issues in International Business: Outsourcing, Networks, Alliances,
and International Supply Chains. Role of IT in international business; International
business and ecological considerations.
Unit – III: International Finance and Marketing
1. Foreign Exchange Market: Exchange Rate determination - Purchasing Power Parity and
Interest Parity. Exchange Rate – Quotation Notation and Rate.
2. Foreign Exchange Risk and Exposure: Transaction, Translation, Real Operating and
Economic Exposure. Spot and Forward Rate: Risk Premium.
3. International Marketing: Scope and Significance of International Marketing, the
strategic importance of international marketing,
4. Marketing Strategy: EPRG Framework, Four P’s of international marketing.
International vs. Global Marketing. Standardization vs. Adaptation. International
market segmentation, targeting and positioning.
Readings:
1. Charles W.L. Hill, G. Tomas Hult and Rohit Mehtani, International Business. New
Delhi: McGraw Hill Education. 2019.
2. Sak Onkvisit, John J. Shaw, International Marketing Analysis and Strategy, 4/e,
Routledge, London, 2007.
3. Michael R. Czinkota. et al. International Business. J. Wiley, 2011.
4. Isobel Doole and Robin Lowe, International Marketing Strategy, 8/e, Thomson
Learning, 2008.
5. Apte, G Prakash, "International Finance: A Business Prespective" Tata McGraw Hill
Publishing Company Ltd,. New Delhi, 2010.
Page 58 of 89
BAG208
Industrial Relations
(L:4, T:0, P:0)
1. Course Objective: To acquaint students with concepts of Industrial Relations and
various legislations related to Labour Welfare and Industrial Relations.
2. Unit I Concept of industrial relations, aspects of industrial relations, conflict and
cooperation, parties in industrial relations, workers employers and government, trade
unions, objectives collective bargaining.
3. Unit II Workers participation in management, levels of participation, mode of
participation Works Committee, Joint Management councils, Worker Director,
Grievance Procedure, Quality Circles.
4. Unit III Trade Union Act 1926, Immunity granted to Registered Trade Unions,
Recognition of Trade Unions. The Industrial Employment (Standing Orders) Act 1946,
scope, coverage, certification process, modification, interpretation, and enforcement.
The Industrial Disputes Act 1947, forum for settlement of disputes, instruments of
economic coercion, strikes, lockouts and closure.
5. Unit IV Salient features, coverage of employees and employers, rules and benefits
relating to The Payment of Wages Act 1936, The Payment of Gratuity Act 1972, The
Minimum Wages Act 1948, and The Payment of Bonus Act 1965.
6. Unit V The Factories Act 1948, definition, approval, licensing and registration, health
and welfare measures, employment of women and young persons , leave with wages
and weekly holidays.
Text Books:
•
S. C. Srivastava, “Industrial Relations and Labour Laws”, Vikas Publishing
House, 6th Ed., 1982. •
•
T. N. Chhabra, “Industrial Relations and Labour Laws”, Dhanpat Rai
Publishing House, 2015.
Page 59 of 89
Syllabus of Foundation Elective Courses (FEC)
FEC001: Sports-I (L:0, T:0, P: 2)
Course Objective
The objective of the course is to evolve a higher education system that is suitably blended
with provision for knowledge values and skill practice where every student learns without
sacrificing his/her creativity.
Unit I
Introduction to Physical Education in the Contemporary Context: Learn and
demonstrate the technique of Suryanamaskar. Develop Physical Fitness through
Calisthenics / Aerobics / Circuit-Training /Weight-Training and demonstrate the chosen
activity. Select any one game available in the college and learn different techniques involved
in its play.
Unit II
Core Physical Education-: Fitness Wellness and Nutrition: Measurement of Fitness
Components – Leg-raise for Minimal Strength (Muscular Strength); Sit-ups Muscular
Endurance); Harvard Step Test, Run and Walk Test (Cardiovascular Endurance); Sit and
Reach Test (Flexibility) Measuring height, weight, waist circumference and hip
circumference, Calculation of BMI (Body Mass Index) and Waist-Hip Ratio Engage in at
least one wellness programme and write a report on it.
Unit III
Core Physical Education-: Posture, Athletic Care and First Aid: Demonstrate Stretching
and Strengthening Exercises for Kyphosis, Scoliosis, Lordosis, Knock Knees, Bow Legs, Flat
Foot, Back Pain and Neck Pain Illustration and Demonstration of Active and Passive
Exercises. Asanas with Therapeutic Value (Any five asanas): Karnapeedasana, Padmasana,
Dhanurasana, Sarvangasana, Paschimottanasana, Chakrasana, Halasana, Matsyasana,
Ardhmatsyendrasana, Usthrasana, Mayurasana, Shirshasana, Vajrasana. Athletic Care and
First Aid, Practice P.R.I.C.E. in First Aid.
Unit IV
Sports Administration & Management : Demonstration of Supervision activities in Sports
Management. Demonstration of skills of Management. Demonstration of fixtures of
various kinds in sports competitions. Demonstration of technical and non-technical purchase
procedure.
Text Books:
1.
G. Graham, Teaching Children Physical Education: Becoming a Master Teacher.
Human Kinetics, Champaign, Illinois, USA, 2001.
2.
C. B. Corbin , G. J. Welk, W. R Corbin, K. A. Welk, Concepts of Physical Fitness: Active
Lifestyle for Wellness, McGraw Hill, New York, USA, 2006.
3.
D. J. Anspaugh, G. Ezell and K.N. Goodman, Teaching Today Health, Mosby Publishers.
Page 60 of 89
4.
A. Beotra, “Drug Education Handbook on Drug Abuse in Sports,’’ Applied Nutrition
Sciences, Mumbai, 2001.
5.
R. Ammon, R.M. Southall and D.A. Blair, Sports Facility Management, West Virginia,
USA: Fitness Information Technology Publishers, 2003.
FEC002: Sports-II (L:0, T:0, P: 2)
Course Objective
To objective of the course is to allow the students to learn the practical techniques and related
concepts in physical education.
Unit I
Sports for all : To participate in any intramural Tournaments (one team game and one
Individual Game) of choice. To participate/ attend at least 15 hours in Fitness training at
Field or at Gymnasium. Participate in at least one track and one field event on Annual Sports
day. To participate in Inter College Tournament
Unit II
Media and careers in physical education: Organize anevent/ intramural/ tournamentin
your college. Prepare a News Report of an observed Sports competition. Create a
presentation on any topic from Physical Education using an audio-visual aid. Demonstrate
Warming-up / Conditioning / Cooling-down exercises.
Unit III
Management of aerobics & group training : Measurement of Fitness Components – Legraise for Minimal Strength (Muscular Strength); Sit- ups (Muscular Endurance); Harvard
Step Test or Run and Walk Test (Cardiovascular Endurance); Sit and Reach Test (Flexibility)
Measurement of Pulse Rate / Heart Rate at Radial Artery and Carotid Artery, Calculation of
Target Heart Rate. Developing a 5-10 minute routine of aerobics with appropriate music for
each component of health related physical fitness
Unit IV
Sports industry: Identify an issue or a trend in the sports industry: Players in professional
or college sports, Ownership, Marketing Plan: Environmental Factors and Product Plan
Draft, Paper bibliography/works cited. Sponsorship proposal Developing a budget plan for
an event Athlete branding
Text books:
1.
2.
3.
4.
S. Covey, 7 Habits of Highly Effective People, Covey Publications, USA, 2004.
R.A. Magill, Motor Learning and Control: Concepts and Applications, McGraw Hill
Publication, 2013.
L.P. Masteralexis, C. Barr and M. Humms, Principles and Practices of Sport
Management, Jones and Bartlett Publisher
J.G. Bishop, Fitness through Aerobics, Benjamin Cummings USA, 2013.
Page 61 of 89
5.
6.
7.
K.M., Brown, Physical Activity and Health: An Interactive Approach, Jones and Bartlett
Publisher, 2013.
T.B. Cornwell, “Sponsorship in marketing: Effective communications through sports,
arts and events, ‘’ Routledge Publishers, 2013
L. DeGarris, “Sports Marketing: A Practical Approach,’’ Routledge Publishers, USA,
2015
FEC003: NSS (L:0, T:0, P: 2)
Course Objective
The course will allow the students to learn concepts of society and structure of NSS.
Unit I
Introduction to NSS: Orientation and structure of NSS, History of Social Reforms in
Modern India: Brahmo Samaj, Arya Samaj, Satya Shodhak Samaj: Principles and
Functions.
Unit II
Regular activities: Distribution of working hours- association between issues and
programs- community project- urban rural activities, association- modes of activity
evaluation.
Unit III
Concept of society- development of Indian society: Features- Division oflabors and cast
system in India; Features of Indian constitution; Provisions related to social integrity and
development.
Unit IV
N.S.S. Regular Activities: College campus activities, N.S.S.activities in Urban and Rural
areas, Role of Non-Government Organisation (NGO) in social Reforms, Red Cross, Rotary
Text Books:
1. National Service Scheme Manual, Govt. of India, 2006.
2. R. Ahuja, Social Problems in India, Rawat Publication, 1992.
FEC004: NCC (L:0, T:0, P: 2)
Course Objective
The objective of the course is to train the students about the basic techniques and concepts in
NCC.
Unit I
Introduction to NCC: National Integration & Awareness: Religions, Culture, Traditions
and Customs of India, National Integration: Importance and Necessity, Freedom Struggle.
Page 62 of 89
Unit II
Adventure Training: Obstacle course, Slithering, Trekking, Cycling, Rock Climbing, Para
Sailing, gliding, Scuba Diving- methods and use.
Unit III
Environment Awareness and Conservation: Natural Resources: Conservation and
Management. Water Conservation and Rainwater Harvesting
Unit IV
Personality Development and Leadership: Introduction to Personality Development,
Factors Influencing /Shaping Personality: Physical, Social, Physiological, Philosophical and
Psychological, Self-Awareness Know yourself/ Insight, Change Your Mind Set,
Communication Skills: Group Discussion / Lectures (Public Speaking), Leadership Traits,
Types of Leadership
Text Books:
1.
A. Bhogle & H. Bhogle, The Winning way, Learning from sports for managers,
Westland Publications, 2011.
2.
R. Sharma, The leader had no title, Simon and Schuster Ltd, Free Press, 2010.
FEC005: Corporate Social Responsibility (L:2, T:0, P: 0)
Course Objective
The objective of the course is to teach the students about business ethics, social responsibility
and safety.
Unit I
Corporate social responsibility in Indian context and International: CSR–Definition,
concepts, Approaches of CSR, overview of corporate social responsibility and corporate
social accountability, SR Tools, National and International CSR activities, corporate
philanthropy, drivers of CSR, difference between corporate governance, corporate
philanthropy and CSR
Unit II
Business ethics: Concept of business ethics – meaning, Importance and factors influencing
business ethics.
Unit III
Corporate social responsibility: Corporate Governance – meaning, significance,
principles and dimensions. Ethical decision – making in different culture, consumer
protection, environment protection, gender issues in multiculturalism, ethics and corruption,
ethics and safety.
Unit IV
Benefits of CSR : Business benefits of CSR, Legislative measures of CSR: Corporate,
labor, stake holders, environmental and pollution. Social Accounting, Social Auditing, SA:
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8000 and Corporate Social Reporting.
Text Books:
1.
2.
H. Srivastava, The business of social responsibility, books for change, 2001.
CV. Baxi and A. Prasad, Corporate social responsibility – concepts and cases, Excel
Books, 2005.
3.
M. Mahmoudi, Global strategic management, Deep & Deep Publications Pvt. Ltd., 2005.
4.
S K. Bhatia, International Human resource management – Global perspective,” Deep &
Deep Publications Pvt. Ltd., 2007
FEC006: Environment Development and Society (L:2, T:0, P: 0)
Course Objective
The main aim of the course is to cover the basic issues of environment and related problems.
Unit I
Basic Issues and Approaches: Importance of the study of ecology and society. The relation
between Environment and Development, Approaches: Realism, Appropriate Technology,
Ecofeminism, Conceptual clarifications: social ecology;
sustainable
development;
sustainability.
Unit II
People: Unequal Access and Shrinking Commons
Unit III
Natural Resources: Water: depleting water resources & pollution; unequal distribution of
water – (utilization of water for commercial crops, industrial use, power generation), the big
dams debate. Forest: Colonial policy, diverting resources for mining and other commercial
and industrial use, monoculture and loss of biodiversity, rights of forest dwelling
communities. Land: modern technology, green revolution, biotechnology and impact on
land, shrinking commons and its effects on rural poor.
Unit IV
Environmental issues and Problems: Environmental Pollution: Air, Water, Noise, Land
and Radioactive Pollution, Problems of urban environment (pollution, health, industrial
Page 64 of 89
accidents (e.g. Bhopal), occupational hazards) Climate change/Global warming. Role of
Environmental Movements and the State-Environmental Movements in India – Chipko,
Narmada BachaoAndolan, Chilka Lake Orissa.
Text Books:
1.
2.
3.
4.
5.
R.C. Chandna, Environmental Awareness, Kalyani Publishers, 2006.
S.K. Agarwal, Environmental Issues and Themes, APH Publishing corporation, 1997.
B. John, Environment and social theory, Routledge, 1999.
M. Gadgil and R. Guha, Ecology and Equity: The use and Abuse of Nature in
contemporary India, OUP, 1995.
G. Prakash, “Nature conservation and sustainable development in India,” Rawat
publications, 2001.
FEC007: Financial Literacy (L:2, T:0, P: 0)
Course Objective
The main aim of the course is to teach students about basic terminology in banking. It will
make the students understand the concepts of foreign exchange, financial planning and
frauds.
Unit I
Banking: Definition, Role of Bank in growth of saving and Investment, Types of banks ,
Services offered by banks, Deposits and Loans, Types of A/c, Opening a bank A/c, How
to Transact with banks, KYC norms, (A/c opening form, Address Proof), How to read bank
statement, Banking products and services, Calculating Interests – Saving, FD, Simple and
Compound Interest, Power of compounding Loans, Types of loans, taking a home loan,
Definition of EMI, Calculation of EMI, Post office-Account and transactions.
Unit II
Foreign Exchange and Investment: Basic of foreign Exchange, Importance and Use of
Foreign Exchange, Regulator Role of RBI, mutual funds. Principles of Investment–Safety,
Liquidity and Return, Investment plans, Hybrid plans-Ulip, SIP and VIP of mutual funds,
index funds.
Unit III
Financial Planning: Meaning, Household financial health checkup, Important life stages,
Medical and other Emergencies, ; Insurance, Meaning, Need and Wants, Loss protection, Life,
non-life and health, Benefits of Insurance, Term plans, Social obligations Budgeting, Buying
a house, Plan a vacation, Retirement planning, Price of procrastination, Market and financial
instruments, Primary market, Secondary market, Financial Statement analysis.
Unit IV
Scams, Fraud Schemes: Insider trading, Money laundering; Consumer protection and
redressal mechanism, Rights of Consumers, Applicable to financial services, Filing a
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complaint, Complain to entity concerned, Regulators, Arbitration, Consumer courts, Govt.
Websites-(PG Portals), Investor Associations, Taxes - Meaning, Need of Taxes, Types of
taxes, How taxes impact income, Income, wealth and gift tax, Service tax, STT, Stamp Duty,
Tax planning v/s tax evasion, Tax rates, Tax free bonds, Tax saving investment.
Text Books:
1.
S. Braunstein and C. Welch, Financial literacy: An overview of practice, research, and
policy, Fed. Res. Bull, 2002.
2.
A. S. Cole and Gauri Kartini Shastry, Smart money: The effect of education, cognitive
ability, and financial literacy on financial market participation, Harvard Business School,
2009.
3.
Gitman, Joehnk and Billingsley, Personal financial planning, Cengage Learning, 2016.
4.
M. Jeff, Personal finance student edition, Prentice Hall, 2010.
FEC008: Introduction to Indian Society (L:2, T:0, P: 0)
Course Objective: The concepts related to Indian society are explained.
Unit I
Conceptualizing Indian Society: Hindu society and Diverse society (Regional, Linguistic,
Religious diversities).
Unit II
People of India: Groups and Communities ; Unity in diversity; Ethnicity and ethnic
identities.
Unit III
Theoretical perspectives I: Indological/ Textual (G.S. Ghurye, L. Dumont Structural –
Functional M.N. Srinivas, S.C. Dube). Marxian (D.P. Mukherjee, A.R. Desai)
Unit IV
Theoretical perspectives II: Civilizational view (N.K. Bose, Surajit Sinha). Subaltern
perspective (B.R. Ambedkar, David Hardiman).
Text Books:
1.
R. W. Stern, Changing India, Cambridge University Press, 2003.
2.
D.N. Dhanagare, Themes and perspectives in Indian sociology, Rawat Publication,
1998.
3.
S.C. Dube The Indian Villages, R and K Publication, 1967.
4.
Dumont, Louis, The Caste System and its implications, Vikas publications, 1970.
5.
D. Hardiman, The coming of the Devi :Adivasi Assertion in western India, Oxford
University Press, 1987.
Page 66 of 89
FEC009: Soft Skills and Personality Development (L:1, T:0, P: 1)
Course Objective
The aim of the course is to teach the students concepts of spoken and written communication.
Unit I
Conceptual Understanding of Communication; Cognition and Re-Cognition; Types of
communication: Oral, Verbal, Non-verbal, Kinesics, Interpersonal, Group and Mass
Communication, Communion, Barriers to communication; Values and Belief system.
Unit II
Spoken Communication; Art of debating, Elocution, Stage Anchoring, Group Discussion;
Interviews; Quiz; Use of Jargon, Slangs and Vocabulary for effective Communication; Voice
Modulation and Intonation; Clarity; Brevity; Articulation of thought and speech;
Assertiveness; Affirmation.
Unit III
Written Communication, KISS rule; Resume writing; Letter writing; Taking notes;
Recording minutes and preparing proceedings of meetings; Role of empathy and compassion.
Unit IV
Self-assessment; Self-awareness; Self-esteem, Self-confidence; Perception and observation
skills; Benefits of Meditation and Self-Hypnosis, Goal setting and career planning. Practical:
Debate, Declamation; Presentation exercises and written communication exercises.
Text Books:
1.
A. Barker, Improve Your Communication Skills, Kogan Page India Pvt Ltd., 2011.
2.
A. Doff and C. Jones, Language in Use (Upper-Intermediate), Cambridge University,
1997.
3.
J. Seely, The Oxford Guide to Writing and Speaking, Oxford University Press, 2005.
4.
S. Khera, You Can Win, Macmillan Books, 2000.
5.
S. Covey, 7 Habits of Highly Effective People, Simon and Schuster, 1990.
6.
J. Collin, Perfect Presentation, Video Arts Marshal, 1999.
7.
J. Rogers, Effective Interviews, Video arts Marshal, 1998.
8.
R. Heller, “ Effective Leadership: Essential Manager Series,” DK Publishing, 2002.
FEC010: Theatre (L:0, T:0, P: 2)
Course Objective
The objective of this course is to familiarize students about the concepts of theatre acting.
Unit I
Concept of Acting in Indian Classical theatre.
Page 67 of 89
Unit II
Western styles of theatre acting.
Unit III
Basics of the following: Acting in Grotowski’s Poor Theatre, Modern concept of Actor
training with reference to Meyerhold, Bertold Brecht and Constantin Stanislavesky;
Artaudian acting, Theatre of Cruelty; Theatre of Absurd.
Unit IV
Acting for Camera–Knowledge of camera frames and movement within the confines of a
frame, blocking, difference between theatre and Camera acting, Concentration, Acting
consistently for different takes, acting scenes out of order, Auditions, acting exercises, Art
of Dubbing.
Text Books:
1.
2.
R. Boleslavsky, Richard, Acting: the First Six Lessons, New York Theatre Arts, 1994.
3.
A.
4.
Stanislavski, Konstantin, An Actor’s Work: A Student’s Diary, Routledge, 2008.
5.
J. Comey , The Art of Film Acting, Focal Press, 2002.
6.
P. B Zarrilli, Acting (Re) Considered, Routledge, 2003.
7.
C. Hassey, Acting for Film, Allworth Press, 2003.
U. Hagen, Respect for Acting, Macmillan Press, 1973.
Hodge,
Twentieth
Century
Actor Training, London and New York, 2000.
FEC011: Dance (L:0, T:0, P: 2)
Course Objective
The aim of the course is to teach the students about basic workouts, exercises, expressions
and contemporary dance.
Unit I
Basic workout, Introduction to Hip Hop and B-Boying with a simple choreography
Unit II
Exercise like: Rolling, jumping, moving shoulders. Footwork, Floor steps, Beat knowledge.
Unit III
Freestyle combination along with House dance style. Expressions class: Body expressions,
Face expressions.
Unit IV
Introduction of Contemporary Dance. Basic exercise of Contemporary Dance. Exercise for
flexibility, Floor steps, Spinning and Balancing. Introduction to Jazz. Basic exercise and
proper routine practice.
Page 68 of 89
Text Books:
1. Jonathan
Burrows,
A
Choreographer’s Handbook, Routledge, 2010.
2. Jacqueline M. Smith-Autard, Dance Composition: A Practical Guide to Creative
Success in Dance Making, Routledge, 2004.
FEC012: Yoga (L:0, T:0, P: 2)
Course Objective
The objective of the course is to familiarize students with meaning and importance of yoga
and teach them various asanas.
Unit I
Origin of Yoga & its brief development, Meaning of Yoga & its importance, Yoga as a
Science of Art (Yoga Philosophy),Meaning of meditation and its types and principles.
Unit II
Classification of Yoga/Types of Yoga, Hatha Yoga, Raja Yoga, Laya Yoga, Bhakti Yoga,
Gyan Yoga, Karma Yoga, Asthang Yoga.
Unit III
Principles of Yogic Practices, Meaning of Asana, its types and principles, Meaning of
Pranayama, its types and principles, Meaning of Kriya its types and principles.
Unit IV
Yogic therapies and modern concept of Yoga, Naturopathy, Hydrotherapy, Electrotherapy,
Mesotherapy, Acupressure, acupuncture. Meaning and importance of prayer, Psychology of
mantras, Different mudras during prayers.
Text Books:
1.
W. Broad, The Science of Yoga: The Risks and the Rewards, Simon and Schuster, 2012.
2.
S. V. Devananda, The Complete Illustrated Book of Yoga, Harmony, 1995.
FEC013: Digital Film Making (L:0, T:0, P: 2)
Course Objective
The objective of this course is to familiarize the students with the history of cinema and
digital video cinematography and editing.
Unit I
History of Cinema, Research & Script: Early Cinema, Development of Classical Indian &
Hollywood Cinema, History of Global Film including European Film (1930-present), Origin
of Classical narrative cinema-Soundless film, Exploration of film and analysis of the threepart beginning, middle and end of story (Finding and Collecting materials and facts related to
your story. Where and How to find the materials related to your story. Things to consider
before sketching down your story), Script (Scriptwriting Process and its various phases), Film
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Grammar for Scriptwriting.
Unit II
Digital Video Cinematography: Introduction to Digital Video Cinematography:
Cinematography, Interactivity and emotions through Cinematography, Building blocks,
Compositions.
Unit III
Lenses and Cameras : Types of lenses: Zoom Lens, Prime Lens, Types of Cameras: HD
Cameras, Basics of Film Camera, Difference between, Film Camera and Digital Camera,
DSLR and HDSLR Cameras, Lighting, Psychology of light, Visual Environment, Directional
Effect of Light, Lighting design process, Three-point lighting, High-Key lighting, Low Key
lighting, Construction of a Shot, Color, Contrast, Deep Focus, Shallow Focus, Depth of Filed,
Exposure, Racking focus, Frame Rate, Telephoto shot, Zoom shot.
Unit IV
Digital Video Editing: Effective Editing, Principles of Video Editing, Non-Linear Editing
(NLE) Concept, The Three-Point Edit, Non‐ Linear Editing (NLE) Techniques, Working in
the Timeline, Transitions, Key framing, Applying Filters, Ingesting. Advanced Editing
Techniques-NLE Compositing, Color Correction & Color Grading, Working on Audio,
Titling
Text Books:
1. Mark Brindle and Chris Jones, The Digital Filmmaking Handbook, Quercus, 2014.
FEC014: Music (L:0, T:0, P: 2)
Course Objective
The objective of this course is to familiarize the students with the basics of raga and
vedicmisic.
Unit I
Study of the following terms: Mela (Thãt), ÃshrayRãga, Rãga, Lakshana,Shruti, Alankar,
Gamak, Vadi - Samvãdi Anuvãdi - Vivãdi, VakraSwara, Varjit-Swara.
Unit II
Biographies & contributions of the following: Jaidev, MansinghTomar, AbdulKarim
Khan, Tyagaraja, Pt. Bhatkhande, Pt. Ravi Shankar
Unit III
Study of following: Rãgas & TãlaRãga- Yaman, Jaunpuri, Khamaj. Tãla- Ektãl,Jhaptãl,
Khyãl, MaseetKhani – Razakhani gat, Dhrupad, Tarana, Meend, Soot, Murki, Kan, Khatka,
Krintan, Harmony, Melody. Writing of Bhatkhande Swarlipi Paddhati. Writing of Tãlasand
Compositions in Notation. Detailed study of Rãgas (Rãga- Bihag, Malkauns, Vrindavani
Sarang) and comparative study of Rãgas. Essay, ShastriyaSangeet (Classical Music)
&Sugam Sangeet (Light Music)
Page 70 of 89
Unit IV
Vedic Music –Samvedic Sangeet, Swara, Vadya, Bhakti, Vikãr .General study of
Natyashastra, Sangeet Ratnakar.
Text Books:
1. V.K.Gargand, L.K.Garg,``SangeetVisharad,” SangeetKaryalay, 2013.
2. T. J. Singh ,`` Indian Music,” Sangeet research academy, 1995.
3. V. N. Bhatkhande,`` Mallika Part II & III,” Krami kPustak.
FEC015: Sociology of development (L:2, T:0, P: 0)
Course Objective
The objective of this course is to familiarize the students
growth, Modernization, Gender and disparities.
with
the concepts of
Unit I
Concepts Progress, Growth, Modernization and Development Theory Adam Smith, Karl
Marx, Talcott Parsons. Development of Underdevelopment, Dependency and World
Capitalist System-A.G.Frank, Paul Baran, Samir Amin, Immanuel Wallerstein, Critique and
Alternative to Development
Unit II
Gender and Development, Culture and Development, Environment and Development,
Human Development Index, Gender Development Index Gandhi and Schumacher on
Alternative development model Appropriate Technology, Sustainable Development
Unit III
Understanding India’s Development Debate on the Development Model in India: Nehru,
Gandhi, Ambedkar, New Economic Policy
Unit IV
Disparities in Development: Class, Caste, Gender, Tribe, Region and Religion, Social
Exclusion in the era of Globalization, Social Exclusion: Minorities and the other Marginalized
Development of the Marginalized: Perspectives and Challenges.
Text books:
1.
2.
3.
4.
D. K. Singha
R o y , S o c i a l Development
and
the
Empowerment of Marginalized Groups, Sage Publications, 2001.
A.R. Desai, Essays on Modernisation of Underdeveloped Societies Vol I and II,
Thacker and Company Ltd.
D. Jean and A. Sen, “India Development and Participation,” Oxford University Press,
2002.
P.W. Preston, Development Theory An Introduction, Blackwell Publishers, Oxford,
1996.
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FEC016: Universal Human Values 1: Self and Family (L:2, T:0, P: 0)
Course Objective
The objective of this course is to teach the students concepts of human value, time
management and prosperity.
Unit I
Motivation and Objectives of Human Values Course.
Introduction to the objectives of the course. Content and process of the course including
mode of conduct. Daily life as lab for the course. Activities in the course.
Unit II
Purpose of Education How human being has a need for Knowledge, what should be the
content of knowledge, how the content should be discussed in education. Complimentarily
of skills and values, how the current education system falls short.
Unit III
Time Management: How does one deal with myriads of activities in college? Focus of
the mind. Concept of Preconditioning. How preconditioning affects our thinking, behavior,
work, relationships, society and nature. How do we develop pre-conditioning? What are the
various sources of preconditioning? How do we evaluate our Preconditioning? How do we
come out of it?
Unit IV
Concept of prosperity-Material goods and knowledge of one’s physical needs is essential for
feeling of prosperity. What role others have played in making material goods available to me:
Identifying from one‘s own life. Idea of Society. What is a society? What constitutes a
society? What systems are needed for a society to work? What is the purpose of society and
various systems which are working in it? How understanding of Human Nature is important
in order to understand the purpose of Society and various social systems? And what happens
when this understanding is lacking?
Idea of decentralization of politics, economics, education, justice etc. Its comparison with
centralized systems. The idea of Swaraj. Various social initiatives by NGOs, social
organizations and other people. (If time permits)
Balance in nature Balance which already exists in nature. How human beings are disturbing
the balance. Resource depletion and pollution. Our own role in wastage of electricity, water
and in use of plastics. Waste management. (Show episode on city waste from Satyameva
Jayate 2.) Issues like global warming, animal extinction. Show ―Story of Stuffǁ
documentary film. ― Homeǁ film can also be used.
Text books:
1. A. Leonard, The Story of Stuff, Free Press, 2011.
2. M. K. Gandhi, The Story of My Experiments with Truth, Beacon Press, 1957.
3. J Krishnamurthy, On Education, Official
repository, 1993.
4. Hermann Hesse, Siddhartha, Bantam Books. 1981.
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FEC017: Universal Human Values 2: Self, Society and Nature (L:2, T:0, P: 0)
Course Objective
The objective of this course is to teach the students about society and relationships.
Unit I
Understanding society and nature on the basis of self and human relationships. Existence of
self and body. Identifying needs and satisfying needs of self and body. Self-observations.
Handling peer pressure family. Hostel and institute as extended family. Real life examples.
Unit II
Student relationship. Shraddha. Guidance. Goal of education. Material order, plant order,
animal order and human order.
Unit III
Water, food, mineral resources, Pollution, Role of technology, Mutual enrichment not just
recycling.
Unit IV
Recapitulation on society. Five major dimensions of human society. Fulfilment of the
individual as major goal. Justice in society. Equality in human relationships as naturally
acceptable. Establishment of society with abhaya (absence of fear), being through holistic
education in just order.
Text Books:
1.
R. R. Gaur, R. Sangal, G. P. Bagaria, Human Values and Professional Ethics Excel
Books, New Delhi, 2010.
2.
A. Nagaraj, JeevanVidya: Ek Parichaya, Jeevan Vidya Prakashan, 1999.
3.
A.N. Tripathi, Human Values, New Age Intl. Publishers, New Delhi, 2003.
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Syllabus of Departmental Elective Courses (DEC)
SEMESTER V
BAD301
Economics of Health and Education
(L:3, T:1, P:0)
Course Objective
The objective of this course is to provide a fundamental understanding of economic aspects of
health and education sector. It gives and overview of individual choice in the demand for health and
education. The course familiarizes the students with both the economic theories and the
methods used by economists for analysis.
Syllabus:
Unit I
Role of Health and Education in Human Development: Health and education outcomes
and their relationship with macroeconomic performance. An Overview Literacy rates, school
participation, school quality measures.
Unit II
Microeconomic Foundations of Health Economics: Demand for health; uncertainty and
health insurance market; alternative insurance mechanisms; market failure and rationale for
public intervention; equity and inequality. Evaluation of Health Programs: Costing, cost
effectiveness and cost-benefit analysis; burden of disease. Health Sector in India: An
Overview.
Unit II
Education: Investment in Human Capital: Demand & supply of education, human capital
theory, rate of return to education: private and social; quality of education; signaling and
screening hypothesis; education and economic growth, skill-based education.
Text Books:
1.
2.
3.
Jay Bhattacharya, Timothy Hyde `and Peter Tu, Health Economics, Palgrave Macmillan,
2018
Daniele Checchi, The Economics of Education Human Capital, Family Background and
Inequality, Cambridge University Press, 2006
International Handbook on the Economics of Education, edited by Geraint Johnes, Jill
Johnes, Edward Elgar Publishing Ltd Cheltenham, UK, 2004
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BAD302:
Applied Econometrics
(L:3, T:1, P:0)
Course Objective:
The aim of this course is to provide a foundation in applied econometric analysis and develop
skills required for empirical research in economics. The students will learn the topics including
specification and selection of regression models, dynamic econometric models, advanced
methods in regression analysis and panel data models.
Syllabus:
Unit 1
Matrix Approach to Linear Regression Model: The k- variable regression model;
assumptions of the Classical Linear Regression Model in matrix form; OLS estimation;
variance-covariance matrix; coefficient of determination
Unit 2
Regression Diagnostics: Detection of and remedial measures for Multicollinearity,
Autocorrelation and Heteroscedasticity; model selection and diagnostic testing
Unit 3
Advanced Topics in Regression Analysis:
(i)
Dynamic Econometric Models: Distributed Lag Models: Nature of lagged
phenomena; estimation using Koyck transformation (The Adaptive Expectations
and Partial Adjustment Models); estimation of autoregressive models
(ii)
Instrumental Variable Estimation: omitted variables in a simple regression model;
measurement errors
Unit 4
Panel Data Models and Estimation Techniques: The Pooled OLS Regression Model; the
fixed effect least squares dummy variable model; the fixed effect within group estimator; the
random effects model
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Text Books:
1. D. N. Gujarati, D.C. Porter and Sangeetha Gunasekar, Basic Econometrics, 5th
edition, McGraw Hill, 2012 Indian edition.
2. D. N. Gujarati and D.C. Porter, Basic Econometrics, 5th edition, McGraw Hill,
2012 International edition.
3. Damodar Gujarati, Econometrics by Example, 2nd edition, Palgrave Macmillan,
2014.
4. Jeffrey M. Wooldridge, Introduction to Econometrics: A Modern Approach, 5th
Edition, Cengage Learning, 2014.
5. D. N. Gujarati and D.C.Porter, Essentials of Econometrics, 4th Edition, McGraw
Hill International Edition, 2010.
6.
Christopher Dougherty, Introduction to Econometrics, 4th edition, OUP, Indian
edition, 2011.
BAD303
Economic History of India (1857-1947)
(L:3, T:1, P:0)
Course Objective
This course teaches the student to analyze key aspects of Indian economic development
during the second half of British colonial rule. In doing so, it investigates the place of the
Indian economy in the wider colonial context, and the mechanisms that linked economic
development in India to the compulsions of colonial rule. This course provides links directly
to the course on India’s economic development after independence in 1947.
Syllabus:
Unit I
Introduction: Colonial India: Background and Introduction: Overview of colonial
economy. Macro Trends: National Income; population; occupational structure, Agrarian
structure and land relations; agricultural markets and institutions – credit, commerce and
technology; trends in performance and productivity; famines.
Unit II
Railways and Industry: Railways; the de-industrialisation debate; evolution of
entrepreneurial and industrial structure; nature of industrialisation in the interwar period;
constraints to industrial breakthrough; labor relations
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Unit III
Capital flows and the colonial economy – changes and continuities; government and fiscal
policy, drain of wealth; international trade.
Text Books:
1.
L. Subramanian, History of India 1707- 1857, Orient Blackswan, 2010.
2.
S. Guha, Mortality decline in early 20th century India, Indian Economic and Social
History Review (IESHR), pp 371-74 and 385-87, 1991.
3.
T. Roy, The Economic History of India 1857-1947, Oxford University Press, 3rd edition,
2011.
4.
J. Krishnamurty, Occupational Structure, Dharma Kumar (editor), The Cambridge.
5.
Economic History of India, Vol. II, (henceforth referred to as CEHI), 2005, Chapter 6.
BAD304
Money and Financial Markets
(L:3, T:1, P:0)
Course Objective:
This course exposes students to the theory and functioning of the monetary and financial
sectors of the 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. It teaches the financial and banking sector reforms and monetary policy with
special reference to India.
Syllabus:
Unit 1: Money
Concept and functions, Measurement, Theories of Money Supply Determination.
Unit 2: Financial Institutions, Markets, Instruments and Financial Innovations
Role of Financial Markets and Institutions; Problems of asymmetric information – adverse
selection and moral hazard, Financial crisis, Money and Capital Markets; Organization and
Structure in India; Role of Financial Derivatives and Other Innovations
Unit 3: Functioning of Central Bank and Interest rate determination
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Functions of central bank, Balance Sheet Goals, Targets, Indicators and instruments of
monetary control, monetary management in an open economy, current monetary policy of
India, Determination of interest rates, Sources of interest rates differentials, Theories of term
structure of interest rates ; interest rates in India
References/Text Books:
•
F.S.Mishkin and S.G. Eakins: Financial Markets and Institutions, Pearson Education,
6 th Edition, 2011
•
F.J .Fabozzi, F.Modigliani, F. J Jones, M.G Ferri: Foundations of Financial Markets
and Institutions, Pearson Education, 3rd Edition , 2009
•
M.R.Baye and D.W.Jansen: Money, Banking and Financial Markets AITBS, 1996
•
L.M .Bhole and J. Mahakud: Financial Institutions and Markets Tata McGraw Hill,
5th Edition, 2011
•
M.Y.Khan: Indian Financial System Tata McGraw Hill, 7th Edition 2011
•
N. Jadhav: Monetary Policy, Financial Stability and Central Banking in India,
Macmillan, 2006
•
Latest RBI reports
•
Various EPW articles describing Non-performing assets, demonetization, working of
central bank, interest rate determination, financial crises in India
BAD305:
Public Economics
(L:3, T:1, P:0)
Course Objective:
The course deals with the nature of government intervention and its implications for allocation,
distribution and stabilization. Inherently, this study involves a formal analysis of government
taxation and expenditures. The course will allow a student to learn about public goods, market
failures and externalities.
Syllabus:
Unit 1
Public Economic Theory: Fiscal functions: an overview; Public Goods: definition, models of
efficient allocation, pure and impure public goods, free riding; Externalities: the problem and
its solutions, taxes versus regulation, property rights, the Coase theorem
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Unit 2
Taxation: Economic effects of taxation; dead weight loss and distortion; efficiency and equity
considerations; tax incidence; optimal taxation; tax system: structure and reforms
Unit 3
Indian Public Finance: Budget, deficits and public debt; fiscal federalism in India
Text Books:
1. J. Hindriks, G. Myles: Intermediate Public Economics, MIT Press, 2006
2. H. Rosen, T. Gayer: Public Finance, 9th ed., McGraw-Hill/Irwin, 2009
3. J. E. Stiglitz, Economics of the Public Sector, W.W. Norton & Company, 3rd edition,
2000
4. R.A. Musgrave and P.B. Musgrave, Public Finance in Theory & Practice, McGraw Hill
Publications, 5th edition, 1989.
5. J. Cullis and P. Jones, Public Finance and Public Choice, Oxford University Press, 1st
edition, 1998.
BAD306
Industrial Economics
Course Objectives
This is a basic course in Industrial Economics.
The five dimensions are:
1. Conceptual framework SCP
2. New Industrial Economics
3. Concepts and measurement market power
4. Technical Progress
5. Competition Policy
(L:3, T:1, P:0)
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Syllabus:
UNIT I:
Basics: Structure - Conduct - Performance Paradigm (S-C-P): Static and Dynamic model.
Schools of thought: The Harvard, Chicago and Austrian Schools. The Firm: Principal-Agent
problem. Incomplete markets. Transaction Cost- Information Gathering and Legal Cost. Hold
Up Problem. Vertical and Horizontal Integration.
UNIT II:
Market Structure: Measurement of Concentration: 3 & 5 firm; Lerner and Herfindahl Index.
Concentration and Market Power. Collusion and Efficiency Hypothesis. Barriers to entry.
Contestable markets. Predation; Mergers and Acquisitions.
UNIT III:
Technical Progress & Performance: Disembodied and embodied Technical Progress. Single
and Multi-factor Productivity. Entropy and Diversification. Monopoly and The Dynamics of
R&D. Economics of Patents. Anti-Trust and Competition Policy.
Suggested Readings:
1. Luis M Cabral, Introduction to Industrial Organization, The MIT Press, 2019
2. Roger Clarke, Industrial Economics, Wiley, 1991.
3. Stephen Martin, Industrial Economics, Wiley, 2001.
4. Eric Brousseau and Jean-Michel The Economics of Contracts: Theories and
Applications Glachant Cambridge University Press, 2002
BAD307
Application of Linear Programming in Economics (L:3, T:1, P:0)
Course Objectives: The objective of this paper is to develop an economics student’s
familiarity with the basic concepts, tools, and applications of linear programming. These
linear programming techniques assist primarily in resolving and understanding complex
problems serving as a valuable guide to the decision-makers.
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Syllabus:
Unit I
Linear Programming: Concept and Assumptions in Decision Making, Linear
Programming Problem: Formulation, Methods of Solving: Graphical and Simplex,
problems with mixed constraints, Primal-Dual Relationship, Duality Theorem, and its
economic interpretations. Sensitivity Analysis.
Unit II
Transportation and Assignment problems: General Structure of Transportation Problem,
Different Types Methods for Finding Initial and Testing for Optimality. Assignment
Problem & its Economical Interpretations.
Unit III
Applications of Linear Programming in Economics: Diet Problem, Travelling salesman
problem, portfolio optimization, profit maximization and economics problems using
simples method and product-mix problem etc.
Text Books:
•
Render, Barry, R. M. Stair, M. E. Hanna, Badri, “Quantitative Analysis for
Management”, Pearson Education, 2012.
•
N. D. Vohra, N.D., “Quantitative Techniques in Management”, McGraw Hill
Education, 2011.
•
S. P. Gupta, P. K. Gupta, “Quantative Techniques and Operation Research”, Sultan
Chand, 2013.
•
J. K. Sharma, “Operations Research: Problems & Solutions”, Macmillan India Ltd,
2010.
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SEMESTER VI
BAD311
ENVIRONMENTAL ECONOMICS
(L:3, T:1, P:0)
Course Objectives
This is a basic course in Environmental Economics.
The five dimensions are:
1. Definitional Aspects
2. Policy aspects
3. Measurement aspects
4. New concepts in sustainable development
5. Global issues and policies
Syllabus:
UNIT I: Basics: Sustainability: Behavior, Property Rights and Economic Growth. Nature of
Goods: Free, Public, Environmental and Merit Goods. Pollution: Air, Soil, Sound and Water.
Market Failure & Externalities. Private and Social Costs. Polluter Pays Principle. Pigouvian
Tax. Renewable and non-renewable resources. Economic accounting and the measurement of
environmentally corrected GDP.
UNIT II: Environmental Valuation: Use Value – Direct & Indirect; Non-use Value –
Existence and Bequest Value. Ulterior and Altruistic motives. Option and Quasi-Option value.
Valuation methods: WTP and WTA; Travel Cost Method. Revealed Preference. Environmental
Risk Analysis: Concept of Risk, Risk Assessment and Risk Management. Benefit-Cost
Analysis.
UNIT III: Global Sustainable Development: Sustainable Development - Concept and
Measurement. Environmental Kuznets Curve. Trade and Environment: Pollution Haven
Hypothesis. Global Warming and Climate Change. Carbon Footprint and Trading. Global
Environmental Policy Framework: Kyoto Protocol and Paris Convention. UNFCCC.
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Suggested Readings:
1. Charles D. Kolstad (2014) - Intermediate Environmental Economics - OUP Indian
Edition.
2. Thomas Callan, (2007) - Environmental Economics, Thompson Learning Inc. Indian
Edition
3. Tietenberg. T, (2003) Environmental and Natural Resource Economics. Pearson
Education, New York.
4. Bhattacharya, R.N. (2001) Environmental Economics, An Indian Perspective (Edited),
2001 Oxford University Press
5. Partha Dasgupta (2007) - Measuring Sustainable Development: Theory and
Application, Asian Development Review, vol.24, no.1, pp.1-10.
6. Jha, Raghbendra and K.V Bhanu Murthy (2006). ‘Environmental Sustainability: A
Consumption Approach’. Routledge, London.
7. R. Jha and K.V. Bhanu Murthy (2000) Sustainability: Behavior, Property Rights and
Economic Growth, https://papers.ssrn.com/sol3/papers.cfm?abstract_id=235608
Additional Readings
1. Murthy, K.V. Bhanu and Sakshi Gambhir (2017). ‘International trade and foreign direct
investment: empirical testing of the trade-environment triangle’. Transnational
Corporations Review, 9(2), 122-134.
2. Murthy, K.V. Bhanu and Sakshi Gambhir (2018). ‘Analyzing Environmental Kuznets
Curve and Pollution Haven Hypothesis in India in the Context of Domestic and Global
Policy Change’. Australasian Accounting, Business and Finance Journal, 12(2), 134156.
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BAD312:
Behavioural Economics
(L:3, T:1, P:0)
Course Objective:
This course will introduce the students to the fast-evolving field of behavioural economics. The
course aims to explain the principles and methods of behavioural economics while contrasting
them with standard economic models. It highlights the importance of cognitive ability, social
interaction, moral incentives and emotional responses in explaining human behaviour and
economic outcomes. The course includes the applications of behavioural economics in public
policy, game theory and finance.
Syllabus:
Unit 1
Introduction to Behavioural Economics: nature of Behavioural economics; methodological
approach; origins of behavioural economics; neo-classical and behavioural approaches to
studying economics; nudge theory and its applications in public policy
Unit 2
Microeconomic Foundations of Behavioural Economics: Decision-making under risk and
uncertainty; reference dependence and loss aversion; intertemporal decision making
Unit 3
Behavioural Game Theory: Nature of behavioural game theory; mixed strategies; bargaining;
social preferences: altruism, envy, fairness and justice; intentions, reciprocity and trust; limited
strategic thinking
Unit 4
Behavioural Finance: Beliefs, biases and heuristics in financial markets; behavioural aspects
of individual investing; behavioural corporate finance
Text Books:
1. Erik Angner, A Course in behavioural Economics, Palgrave Macmillan 2012
2. Richard Thaler and Carl Sunstein, Nudge: Improving Decisions about Health,
Wealth and Happiness, Penguin UK 2009
3. Behavioral Finance, William Forbes, Wiley, 2009
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4. Nick Wilkinson and Matthias Hales, An Introduction to Behavioural Economics,
2nd Edition, Palgrave Macmillan 2012.
BAD313
Economics of migration
(L:3, T:1, P:0)
Course objective:
The aim of the course is to introduce the fundamentals of economics of migration by
highlighting the interdependence of economic and migration theories. It also gives an overview
of economic analysis of issues associated with migration and relationship between migration
and economic development.
Syllabus:
Unit 1:
Introduction to migration: Definition and scope of migration, determinants-push and pull
factors, typologies – international, internal, in and out migration, sequential, circular, ruralurban migration, models and theories of migration, brain drain vs brain gain.
Unit 2:
International Migration- Economic theory and international migration, causes of
international migration, economic impact on host and destination countries, cost and
remittances of migration, forced migration, illegal migration, induced migration
Unit 3:
Migration and economic development: The effect of immigration on wages and employment,
migration and inequality, migration and labour issues.
Essential Readings List:
•
George J. Borjas, Economic Theory and International Migration, International
Migration Review, Vol. 23, No. 3, Special Silver Anniversary Issue: International
Migration an Assessment for the 90's (1989), pp. 457-485
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•
Khadria, B. (1999), The Migration of Knowledge Workers: Second-generation Effects
of India’s Brain Drain, Sage Publications: New Delhi. Chapter 2- Migration, Brain
drain and the Globalization of Human Resources, pp 32-53
•
World Migration Report, 2020, International Organization for Migration (IOM), 2019
•
Bansak, Cynthia, Nicole B. Simpson, and Madeline Zavodny, The economics of
immigration. Routledge, 2015. (BSZ)
Suggested Reading List
•
Leveraging Economic Migration for Development. A briefing for the World Bank
Board, World Bank Group, 2019
•
https://www.iom.int/key-migration-terms
•
Benjamin Helms, David Leblang, and Philip B.K. Potter, International Migration and
Interstate Conflict, Prepared for the 2019 International Political Economy Society,
November 16, 2019
•
David Lagakos, Samuel Marshall, Ahmed Mushfiq Mobarak, Corey Vernot & Michael
E. Waugh, Migration Costs and Observational Returns to Migration in the Developing
World, April 2020, No: 1265
•
International Migration 2019 Report, Department of Economic and Social
Affair.Population Division, ST/ESA/SER.A/438
BAD314:
Financial Economics
(L:3, T:1, P:0)
Course Objective:
This course introduces students to the economics of finance. Some of the basic models used to
benchmark valuation of assets and derivatives are studied in detail; these include the CAPM,
and the Binomial Option Pricing models. The course will provide students an introduction to
corporate finance.
Syllabus:
Unit 1
Investment Theory and Portfolio Analysis: Deterministic Cash Flow Streams: Basic theory
of interest; discounting and present value; internal rate of return; evaluation criteria; fixedincome securities; bond prices and yields; interest rate sensitivity and duration; immunisation;
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the term structure of interest rates; yield curves; spot rates and forward rates. CAPM: The
capital market line; the capital asset pricing model; the beta of an asset and of a portfolio;
security market line; use of the CAPM model in investment analysis and as a pricing formula
Unit 2
Options and Derivatives: Introduction to derivatives and options; forward and futures
contracts; options; other derivatives; forward and future prices; stock index futures; interest
rate futures; the use of futures for hedging; duration-based hedging strategies; option markets;
call and put options; factors affecting option prices; put-call parity; option trading strategies:
spreads; straddles; strips and straps; strangles; the principle of arbitrage; discrete processes and
the binomial tree model; risk neutral valuation
Unit 3
Corporate Finance: Patterns of corporate financing: common stock; debt; preferences;
convertibles; capital structure and the cost of capital; corporate debt and dividend policy; the
Modigliani-Miller theorem; the efficient market hypothesis
Text Books:
1. David G. Luenberger, Investment Science, Indian edition, 2012
2. Basu, Sankarshan, Hull, John C.,Options, Futures and Other Derivatives, Pearson
Education, Inc, 8th edition, 2013
3. Brealey, Richard A., Myers, Stewart, C., Allen, Franklin, Mohanty, Pitabas,
Principles of Corporate Finance. Tata McGraw-Hill Education, 10th edition, 2013
4. Bodie, Kane & Marcus, Investments, Tata McGraw-Hill Company Limited, 10th
edition.
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BAD315
Agricultural Economics
(L:3, T:1, P:0)
Course Objective: The aim of the course is to give an understanding of economic perspective
of analysing the agricultural problems. It gives an overview of income, employment, marketing
and pricing issues centred to Indian Agricultural system.
Syllabus:
UNIT 1
Introduction: Scope and Subject matter of Agricultural Economics, Nature and Utility of
Agricultural Economics, Role and Importance of Agriculture in National Economy: share in
National income, Source of livelihood, Employment, Industrial development and trade
UNIT II
Issues in Indian Agriculture Farm capital structure in Agriculture and its changes, Issues on
Capital formation in Indian agriculture, Mechanization of Agriculture, Employment and
Unemployment in agriculture
UNIT III
Agricultural Marketing and Pricing: Characteristics of primary agricultural markets in India,
Regulated markets and market intervention, Marketing efficiency, Marketed and Marketable
surplus, Farm prices, Trends in relative prices of farm products; Behaviour of marketed surplus,
Price policy in India.
References:
•
Andrew Barkley and Paul W. Barkley (2013), Principles of Agricultural Economics,
Routledge Publication.
•
Kannan, E. and Sundaram, S., 2011, Analysis of Trends in India’s Agricultural Growth,
Working Paper 276, ISEC, Bangalore
•
Kumar, A., Singh, K.M. and Sinha, S., 2010, Institutional Credit to Agriculture Sector
in India: Status, Performance and Determinants, Agricultural Economics Research
Review, Vol. 23, July December 2010, pp. 253-264.
•
Acharya and Agarwal, 1987, Agricultural Marketing in India, Oxford & IBH
Publishing Company.
Page 88 of 89
•
Dev, S.M. and Rao, N.C., 2010, Agricultural Price Policy, Farm Profitability and Food
Security, Economic and Political Weekly, Vol. 45, Nos. 26 & 27, 53, pp. 174-182.
•
Rao, V.M., 2001, The Making of Agricultural Price Policy: A Review of CACP
Reports, Journal of Indian School of Political Economy, Vol. 13, No. 1, Jan-March, pp.
1-28.
BAD316:
Game Theory
(L:3, T:1, P:0)
Course Objective:
This course introduces the students to elementary game theory under complete information, the
concepts of repeated games and games with incomplete information. The course also studies
the applications of game theory in analysing moral hazard, adverse selection and signalling
problems.
Syllabus:
Unit 1
Normal and Extensive Form Games with Complete Information: The normal form;
dominant and dominated strategies; dominance solvability; mixed strategies; Nash
equilibrium; symmetric single population games; applications. Extensive form games with
perfect information: The game tree; strategies; subgame perfection; backward induction in
finite games; commitment; bargaining; other applications
Unit 2
Games with Incomplete Information: Simultaneous move games with incomplete
information (Bayesian games): Strategies; Bayesian Nash equilibrium; auctions; other
applications. Extensive form games with imperfect information: Strategies; beliefs and
sequential equilibrium; applications
Unit 3
Information Economics: Adverse selection; moral hazard; signalling games
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Text Books:
1. M. J. Osborne, An Introduction to Game Theory, Oxford University Press, New Delhi,
2004
2. H. Gravelle and R. Rees, Microeconomics, Pearson Education, 2nd edition, 1992
BAD317:
Dissertation Course
4 Credits
In order to opt/register for dissertation course, a student will have to search for internal faculty
guide and get the consent. Failing this, the student will have to opt/register for alternate DEC
course. Moreover, the dissertation course has to be opted/completed individually not in a group.
For dissertation course, students will be required to submit signed consent of internal faculty
guide within one week of commencement of the term on a prescribed form. Failing this,
department may advise student to register for alternate DEC course. The evaluation and
marking scheme will be as follows:
1. Mid-semester exam (PRS):
a) Report – 20
b) Presentation and/or Viva voice – 20
2. End-semester exam (PRE):
a) Report – 30
b) Presentation and/or Viva voice – 30
For mid-semester examination, a suitable committee will be constituted by the department
comprising the faculty guide, the project coordinator and at least one additional member of the
faculty, for the evaluation of the report, presentation and oral viva-voice. The end semester
exam will be as conducted by a suitable committee appointed by the BoS, as per existing DTU
norms for project/dissertation.