Economics
Lecturer(Guest)
Lecturer(Guest)
Vision:
Program Outcome:
At the end of the course the student will have the ability :
1)To communicate effectively with the society.
2)To analyse and interpret data properly.
3) To have an insight knowledge about money-banking, entrepreneurship development, rural development and the development process of the overall economy.
Course outcomes:
The course helps the students to gather knowledge on the following issues and to communicate effectively with the society.
ECOG, CC/GE1,CO1: what is economics, how the market forces of demand-supply work, consumer behaviour, producer behaviour, perfect competition vs monopoly, input market.
ECOG,CC/GE2,CO2: GDP,GNP,calculation procedure of NI,nominal vs real variables, SKM vs Classical model,how the money market works,inflation, basic issues of international trade- absolute and comparative advantage.
ECOG,CC/GE3,CO3:development and its difference with growth,developed vs developing countries, issue of poverty and inequality, Lewis Model,role of IMF,WB,WTO and their role in economic development.
ECOG,CC/GE4,CO4:policies and performance of Indian economy specially in agriculture, industry and foreign trade.
ECOG,DSE 5 A1,CO5A1:money supply and indian banking system,interest rates,central bank and its monetary policy-demonetisation and its impact.
ECOG, DSE 5 A2,CO5A2: sustainable development.
ECOG, DSE 6 B1, CO6B1:public finance, market failure and externalities.
ECOG, DSE 6 B2, CO6B2:economic history of India(1857-1947), trends in agriculture, railways,industry and trade.
ECOG, SEC 3/5 A1, CO 3/5 A1: methods of field survey, types of data .
ECOG, SEC 3/5 A2, CO 3/5 A2: rural development, SHG,Mid day meal, MGNREGA.
ECOG, SEC 4/6 B1, CO 4/6 B1: data analysis with descriptive statistics and how to write a report.
Economics