Punjabi University Patiala Syllabus BA Economics
 

Can you provide me the syllabus/course structure of BA (Bachelor of Arts) Economics Program as offered by Punjabi University Patiala?

Re: Punjabi University Patiala Syllabus BA Economics
 

The syllabus/course structure of BA (Bachelor of Arts) Economics Program as offered by Punjabi University Patiala is as follows:

MICRO ECONOMICS AND INDIAN ECONOMY - I

SECTION -A
Meaning and Scope of Economics; Definition of Economics (Adam Smith, Marshall
and Robbins). Theory of Demand and Consumer Behaviour: Utility Analysis and
Indifference Curve Analysis; Consumer's Surplus and its measurement; Elasticity of Demand and its measurement. Concept and types of Production Function, Laws of Returns to Scale and Law of Variable Proportions; Cost Concepts and Cost Curves in the Short and the Long Periods. Market forms; Average revenue and marginal revenue under perfect and imperfect competition. Relationship between Average Revenue, Marginal Revenue and Elasticity of Demand.

SECTION - B
Nature and Characteristics of Indian Economy on the eve of independence. New Agricultural Strategy and Green Revolution. Industrial Policy of India since 1947 will special emphasis on recent trends of liberalisation. Role and Problems of Small and Large Scale Industries. Role of public and private sector in industrial development of India.


MICRO ECONOMICS AND INDIAN ECONOMY - II
SECTION -A
Price and Output Determination of the Firm and Industry under Perfect Competition in the Short and Long run; Price and output determination under Monopoly in the short and long run except Discriminating Monopoly. Marginal Productivity Theory of distribution; Factor Pricing (with special reference to labour) under Perfect and Imperfect Competition, Rent and other theories of rent, Interest: Classical and Loanable Funds Theory of Interest, Profit: Risk and Uncertainty Theories.

SECTION - B
Features of Indian Tax Structure, Foreign Trade: Direction and Composition of
Exports and Imports and changes therein since Independence, Balance of Payments: Concept, Trends, causes, measure of its disequilibrium. Planning: Objectives, Strategy and Achievements of Indian Planning (Plan wise details to be excluded), Critical Evaluation of the latest Five Year Plan, Major Indian Economic Problems: Population Growth, Poverty, unemployment and Inflation.

Punjabi University Patiala Syllabus BA Economics

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