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Old 15th October 2016, 09:11 AM
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Default MSC Economics Syllabus Of Calcutta University

Hello sir, I want syllabus for MSC Economics from Calcutta University. Please provide me PDF if any one has MSC Economics Syllabus Of Calcutta University?
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Old 15th October 2016, 09:54 AM
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Default Re: MSC Economics Syllabus Of Calcutta University

The Calcutta University is invited candidates for to get admission for MSC in Economics. Also the MSC Economics Syllabus is provided by Calcutta University.

The Master of Science in Economics is a postgraduate Economics course. It is the social science which analyzes the production, distribution, and consumption of goods and services.

Here I’m attaching PDF of MSC Economics Syllabus Of Calcutta University:


MSC economics syllabus:

Sem. I (Paper: I)
I
Demand Analysis: Utility theory – Ordinal approach-Indifference curve (income and substitution effects, Slutsky theorem, compensated demand curve) and their applications; Revealed preference theory; Revision of demand theory by Hicks; Characteristics of goods approach (Lancaster); consumer’s choice involving risk (N-M hypothesis) – Friedman-Savage, Markowitz hypotheses; indirect utility functions (duality theory); Recent developments in demand analysis (pragmatic approach and linear expenditure systems); Inter-temporal consumption; Elementary theory of price formation – demand and supply equilibrium; Cobweb theorem; lagged adjustment in interrelated markets.

II
Theory of Production and Costs Production function – short period and long period; law of variable proportions and returns to scale; Isoquants – Least cost combination of inputs; Returns to factors; Economies of scale; Multi-product firm; Elasticity of substitution; Euler’s theorem; Technical progress and production function; Cobb-Douglas, CES, VES and Translog production functions and their properties; Empirical work on production functions; Traditional and modern theories of costs – Empirical evidence; Derivation of cost functions from production functions; derived demand for factors.

III
Price and Output Determination–Perfect competition and Monopoly]Marginal analysis as an approach to price and output determination: perfect competition–hort run and long run equilibrium of the firm and industry, price and output determination, supply curve; Monopoly–short run and long run equilibrium, price discrimination, welfare aspects, monopoly control and regulation.

IV
Monopolistic Competition and Oligopoly Models Monopolistic competition – general and Chamberlin approaches to equilibrium, equilibrium of the firm and the group with product differentiation and selling costs, excess capacity under monopolistic and imperfect competition, criticism of monopolistic competition; Oligopoly – Non-collusive (Cournot, Bertrand, Edgeworth, Chamberlin, kinked demand curve and Stackelberg’s solution) and collusive (Cartels and mergers, price leadership and basing point price system) models; Price and output determination under monopsony and bilateral monopoly; Workable competition – Structure, conduct and performance norms – Concept of Contestable Market and global competition Baumol).

V
Alternative Theories of the Firm Critical evaluation of marginal analysis; Baumol’s sales revenue maximization model; Williamson’s model of managerial discretion; Marris model of managerial enterprise; Full cost pricing rule; Bain’s limit pricing theory and its recent developments including Sylos-Labini’s model; Behavioural model of the firm; Game theoretic models.
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