B.A. Law, Economics and Political Science (Triple Major) · Consideration: Present, Past and Adequate Consideration; Unlawful Consideration and its Effect.; Indian Contract Act, 1872:

1083

ANNEXURE - 27

SCHOOL OF LIBERAL ARTS AND APPLIED SCIENCES

CURRICULUM AND SYLLABUS

Under Choice Based Credit System

(Applicable for Students admitted from Academic Year 2020-21)

B.A. Law, Economics and Political Science (Triple

Major)

1084

BA Law, Economics and Political Science (Triple Major)

Overview of distribution of courses and credits under Choice Based Credit System

Course Type Total Papers Credits Marks

Core courses 9*3 = 27 27*3 = 81 2700

Discipline Specific Electives

(DSE)

4 4*3 = 12 400

General Electives (GE) 4 4*3 = 12 400

Ability Enhancement

Compulsory Courses

2 2*1 = 2

1*2 = 2

200

100

a. English

b. MIL

Environmental Studies 1

Skill Enhancement Courses 2 2*2 = 4 200

Project Work 1 1*7 = 7 100

Total 41 120 4100

1085

SEMESTER – I

SL.

NO.

COURSE

CATEGORY

COURSE

CODE

NAME OF THE COURSE L T P C S TCH

1. Core 1 Principles of Economics 3 1 0 3 0 4

2. Core 2 Principles of Political Science 3 1 0 3 0 4

3. Core 3 Basics of Law of Contract 3 1 0 3 0 4

4. General

Elective 1

Other than TM subjects 3 0 0 3 0 3

5. General

Elective 2


6. AELC a. English1

b. Modern Indian Language

1

1

0

0

0

0

1

1

0

0

1

1

Total 17 3 0 17 0 20

SEMESTER – II

SL.

NO.

COURSE

CATEGORY

COURSE

CODE

` L T P C S TCH

7. Core 4 Micro Economics 3 1 0 3 0 4

8. Core 5 Political Theory 3 1 0 3 0 4

9. Core 6 Law relating to Partnership 3 1 0 3 0 4

10. General

Elective 3


11. General

Elective 4


12. AECC Environmental Studies (Theory) 2 0 0 2 0 2

Total 17 3 0 17 0 20

1Offered by the Department of Languages, HITS

1086

SEMESTER – III

SL.

NO.

COURSE

CATEGORY

COURSE

CODE NAME OF THE COURSE L T P C S TCH

13. Core 7e 7

Macro Economics 3 1 0 3 0 4

14. Core 8

History of Economic Thought 3 1 0 3 0 4

15. Core 9

Classical Political Thought 3 1 0 3 0 4

16. Core 10

Political parties and Processes in

India

3 1 0 3 0 4

17. Core 11

Law relating to Sale of Goods 3 1 0 3 0 4

18. Core 12

Law relating to Negotiable

Instruments

3 1 0 3 0 4

19. Skill

Enhancement -

I

Data Collection, Analysis and

Management 2 0 0 2 0 2

Total 20 6 0 20 0 26

SEMESTER – IV

SL.

NO.

COURSE

CATEGORY

COURSE


20. Core 13e 13

Indian Economy 3 1 0 3 0 4

21. Core 14

Development Economics 3 1 0 3 0 4

22. Core 15

Indian Political Thought 3 1 0 3 0 4

23. Core 16

International Relations 3 1 0 3 0 4

24. Core 17

Fundamentals of Company Law 3 1 0 3 0 4

25. Core 18

Corporate Governance 3 1 0 3 0 4

26. Skill

Enhancement -

II

Research Methodology 2 0 0 2 0 2

20 6 0 20 0 26

1087

SEMESTER – V

SL.

NO.

COURSE

CATEGORY

COURSE


27. Core 1919 International Economics 3 0 0 3 0 3

28. Core 20 Banking Systems 3 0 0 3 0 3

29. Core 21 India’s Foreign Policy 3 0 0 3 0 3

30. Core 22 Modern Political Thought 3 0 0 3 0 3

31. Core 23 Fundamentals of Intellectual

Property Rights

3 0 0 3 0 3

32. Core 24 Banking Law 3 0 0 3 0 3

33. 34.

DSE 1

DSE 2

a. Public Economics

b. Monetary Economics 3

3

0

0

0

0

3

3

0

0

3

3

c. Human Rights

d. Gandhi and Contemporary

World

e. Aviation Law

f. Media Law

Total 24 0 0 24 0 24

SEMESTER – VI

SL.

NO.

COURSE

CATEGORY

COURSE


35. Core 25 Agricultural Economics 33 00 000 33 0 33

36. Core 26 Political Sociology 33 00 000 33 0 33

37. Core 27 Law of Insurance 3 00 0 33 0 33

38. 39.

DSE 3

DSE 4

a. Behavioural Economics

b. Environmental Economics 3

3

0

0

0

0

3

3

0

0

3

3

c. Citizenship in a Globalising

World

d. Modern Political Philosophy

e. Law on Human Rights

f. Pollution Control

40. Core 28 Project Work & Viva 0 0 7 7 0 7

Total 15 0 7 22 0 22

1088

SEMESTER - I

COURSE

TITLE

PRINCIPLES OF ECONOMICS CREDITS 3

Course Code ENB1101 Course

Category

CF L:T:P:S 3:1:0:0

CIA 40% ESE 60%

LEARNING

LEVEL

BTL – 1,2&3 ASSESSMENT

MODEL

COURSE OUTCOMES PO

1. Understanding the scope and definitions of Economics

2. Understanding the functioning of markets

3. Understanding the law of demand and consumer surplus

4. Analysing the Law of Supply and Factors of Production.

5. Understanding the Cost and Revenue analysis.

Prerequisites: Basic concepts of Economics

MODULE – 1: INTRODUCTION TO ECONOMICS, MARKETS AND WELFARE 9L

Definitions of Economics – Microeconomics and Macroeconomics – Principles of Economics –

Thinking like an Economist – Interdependence and Gains from Trade – The Market Forces of Supply

and Demand – Elasticity and its Application – Supply, Demand, and Government Policies –

Consumer, Producers, and the Efficiency of Markets – Applications

MODULE – 2: FUNCTIONING OF MARKETS 9L

Types of Markets – Market Forces of Supply and Demand – Elasticity and its Application – Supply,

Demand, and Government Policies – Consumer, Producers, and the Efficiency of Markets –

Applications

MODULE – 3: DEMAND ANALYSIS 9L

Demand Analysis – Law of Demand – Elasticity of Demand – Types and Degrees – Measurement –

Factors Influencing Elasticity of Demand – Uses – Consumer Surplus.

MODULE – 4: SUPPLY ANALYSIS 9L

Law of Supply – Elasticity of Supply – Factors of Production – Land, Labour, Capital, and

Organization – Laws of Returns – Law of Variable Proportion – Returns to Scale.

MODULE – 5: COST ANALYSIS 9L

Cost and Revenue – Cost Concepts – Relationship between AC and MC – Short Term and Long

Term Cost – Opportunity Costs – Revenue Curves – Relationship between AR And MR and its

Importance.

1089

TEXT BOOKS

1. N. Gregory Mankiw, Principles of Economics, 7th Edition, Cengage India Learning, 2015.

2. Paul A. Samuelson and William D. Nordhaus, adapted by Sudip Chaudhuri, and Anindya

Sen, Economics, 20th Edition, McGraw Hill, 2019.

REFERENCE BOOKS

1. Nigar Hashimzade, Garethy Myles, and John Black, A Dictionary of Economics (Oxford

Quick Reference), Fifth Edition, Oxford University Press, 2016.

2. Tom Butler-Bowdon, 50 Economics Classics: Your Shortcut to the Most Important Ideas

on Capitalism, Finance, and the Global Economy, Nicholas Brealey Publishing, 2017.

COURSE TITLE PRINCIPLES OF POLITICAL SCIENCE CREDITS 3

COURSE CODE PSB1101 COURSE CATEGORY CF L-T-P-S 3:1:0:0 CIA 40% ESE 60%

LEARNING LEVEL

CO COURSE OUTCOMES PO

1. Introducing the students with the basic concepts in Political Science 2, 1

2. Imparting knowledge about various approaches to the study of Political Science

3, 2

3 Enabling the student to have fair idea on the practice of procedure and practice of democracy

1, 2

4. Familiarising the student with the concept -sovereignty and its characteristics 3, 1, 2

Prerequisites:

MODULE – 1: Meaning, Nature and Scope 9L

Political science: Definition, Nature & Scope; Relation of Political Science with other Social Sciences; Traditional approaches to the study of Political Science: Normative, Empirical and Feminist

MODULE – 2: Nature and Elements of State 9L

State: Definition; Elements; Relation with other organizations; Theories of origin of state (Theory of Divine, Force, and Evolutionary); Sovereignty- definition and characteristics

MODULE – 3: Law, 9L

Law, Rights and Liberty – Definition; Aspects, Characteristics and Types: Source of Law, Law as a Safeguard of liberty; Law and Authority; Law and Morality

MODULE – 4: Rights 9L

Justice, Rights and Duties, Citizenship, Safeguard

1090

MODULE – 5: Liberty 9L

Liberty, meaning, nature and Importance of Liberty.

TEXT BOOKS

1. Bhargava, R. (2008) ‘What is Political Theory’, in Bhargava, R and Acharya, A. (eds.) Political Theory: An Introduction. New Delhi: Pearson Longman

2. Glaser, D. (1995) ‘Normative Theory’, in Marsh, D. and Stoker, G. (eds.) Theory and Methods in Political Science. London: Macmillan

REFERENCE BOOKS

1. O.P.Gauba, (2015) An Introduction to Political Theory, New Delhi: Mayur Publishers.

COURSE TITLE Basics of Law of Contract CREDITS 3

Course Code Course

Category

CF L-T-P-S 3:1:0:0

CIA 40% ESE 60%

LEARNING LEVEL BTL – 1,2&3 ASSESSMENT

MODEL

TA

COURSE OUTCOMES PO

1 1

Prerequisites :

MODULE 1: Introduction to the Law of Contracts and Agreements 9L

Introduction - Contract: Meaning, Nature and Types/Forms of Contract, Historical Background of

Indian Contract Laws and Indian Contract Act, 1872; Major Definitions under Indian Contract Act,

1872. Agreement(Ss. 2-10)- Definition and Formation of an Agreement; Intention to Create Legal

- Their various forms, Essential Elements; Communication;

Revocation-

MODULE – 2: Capacity to Contract and Free Consent 9L

Capacity to Contract (Ss. 11, 12, 64, 65, 68)- Legal Disability to Enter into Contract; Minors, Persons of

Unsound Mind; Effects of Minors Agreement; Persons disqualified by Law; Liability for Necessaries

Supplied to the Minor; Indian Contract Act, 1872, (Ss. 10 - 12, 64, 65, 68); Specific Relief Act, 1963,

(S.33); Indian Majority Act, 1875. Free Consent (Ss. 13 – 22)- – Definition; Free Consent and

Contracts influenced by any factor Vitiating Free Consent

1091

MODULE – 3: Consideration and Limitations of Contracts 9L

Consideration (Ss. 23, 24 & 25)- Meaning and Nature of Consideration – NudumPactum; Doctrine of

Privity of Contract and of Consideration- Its Exceptions; Exceptions of consideration; Adequacy of

Consideration: Present, Past and Adequate Consideration; Unlawful Consideration and its Effect.;

Indian Contract Act, 1872: Sections 2(d), 2(f), 23 and 25. Limitations on Freedom of Contract (Ss. 23,

26 – 31)-

Restraint of Marriage; Agreements in Restraint of Trade; Agreements in Restraint of Legal

Proceedings; Ambiguous and Uncertain Agreements; Wagering Agreements – Its exceptions;

Contingent Contracts

MODULE – 4: Discharge of Contracts, Quasi Contracts and Remedies 9L

Discharge of a Contract (Ss. 37 – 72)- By Performance; Performance by Joint Promisors; Discharge by

Novation – Remission; Accord and Satisfaction; Appropriation of Payments; Discharge by Impossibility

of Performance - Doctrine of Frustration; Discharge by Breach - Anticipatory Breach - Actual breach

Quasi – Contracts(Ss 68 – 72)- Concept and Classification

Remedies for Breach of Contract (Ss. 73, 74 & 75)-Damages; Types of Damages; Remoteness of

damages; Ascertainment of Damages

MODULE – 5: Specific Relief Act 9L

Specific Relief Act, 1963- Recovering possession of property (Sec.- 5 to 8); Specific Performance: Ss. 9 – 24 of Specific Relief Act, 1965; Injunctions: Ss. 36 – 41 of Specific Relief Act, 1965; Declaratory Decrees (Sec.- 34 to 35); Preventive Relief (Sec.- 36 to 43)

TEXT BOOKS

1. Dr. Avtar Singh, Law of Contract, EBC, Lucknow (9th Edn. – 2005)

2. NilimaBhadbhade (ed.), Mulla, Indian Contract Act and Specific Reliefs,

Butterworth’s

India, New Delhi, Vol. I & II, (12th Edn.- 2001)

REFERENCE BOOKS

1. Chitty on Contracts, Sweet & Maxwell, London, Vol. I & II, (28thEdn. – 1999).

2. J. Beatson, Anson’s Law of Contract, Clarendon Press, Oxford, (28th Edn. -

2002).

3. A. C. Moitra, Law of Contract and Specific Relief, Universal Law Publishing

Co.(5th Edn.-2005)

1092

SEMESTER – II

COURSE

TITLE

MICROECONOMICS CREDITS 3


Category

CF L-T-P-S 3:1:0:0

CIA 40% ESE 60%

LEARNING

LEVEL


MODEL

COURSE OUTCOMES PO

1. Understand the basics of microeconomics and its basic terms

2. Analyse the role of producers and consumers in a competitive market

3. Understand how market players exercise choice under conditions of risk

4. Analyse what contributes to costs of production in an economy

5. Understand how profits are maximised in competitive markets

Prerequisites : Basic concepts of Economics

MODULE – 1: INTRODUCTION 6L

Use and Limitations of Microeconomic Theory – Positive vs. Normative Analysis – Why Study

Microeconomics – Competitive and Non-competitive Markets – Market Price – Real vs.

Nominal Prices – Market Mechanism – Supply and Demand – Elasticities of Supply and

Demand – Short-Run vs. Long-Run Elasticities – Effects of Changing Market Conditions –

Effects of Government Intervention – Price Controls

MODULE – 2: PRODUCERS CONSUMERS AND COMPETITIVE MARKETS 9L

Consumer Behaviour – Consumer Preferences – Indifference Curves – Ordinal vs. Cardinal

Rankings – Marginal Rate of Substitution – Perfect Substitutes and Perfect Complements –

Budget Constraints – Budget Line and Effects of Changes in Income and Prices – Consumer

Choice – Revealed Preference – Utility and Marginal Utility – Individual and Market Demand

– Price Changes – Demand Curve – Income Changes – Engel Curves – Substitutes and

Complements – Income and Substitution Effects – Giffen Goods –Point and Arc Elasticities of

Demand – Consumer Surplus – Negative Externalities – Bandwagon and Snob Effects –

Empirical Estimation of Demand

MODULE – 3: CHOICE UNDER RISK 6L

Describing Risk – Probability – Expected Value – Variability – Decision Making – Preferences

Toward Risk – Reducing Risk – Diversification – Insurance – Value of Information – Demand

for Risky Assets – Trade-off between Risk and Return – Investor’s Choice Problem

MODULE – 4: PRODUCTION AND ITS COST 12L

Technology of Production – Isoquants – Short Run vs. Long Run – Production with One

Variable Input: Average and Marginal Products – Law of Diminishing Returns – Labour

Productivity – Production with Two Variables: Diminishing Returns – Substitution among

Inputs – Production Functions – Returns to Scale – Measuring Cost of Production – Economic

Costs vs. Accounting Cost – Sunk Costs – Costs in Short Run – Determinants – Shapes of the

Cost Curve – Costs in the Long Run: Cost-Minimising Input Choice – Isocost Line – Choosing

Inputs – Cost Minimisation with Varying Output Levels – Long-Run vs. Short-Run Cost Curves

– Inflexibility of Short-Run Production – Long-Run Average Cost – Economies and

Diseconomies of Scale – Relationship between Short-Run and Long-Run Cost – Production

1093

with Two Outputs: Economies of Scope – Dynamic Changes in Costs: Learning Curve –

Estimating and Predicting Cost – Cost Minimisation – Marginal Rate of Technical Substitution

– Duality in Production and Cost Theory – Cobb-Douglas Cost and Production Function

MODULE – 5: PROFIT MAXIMISATION AND COMPETITIVE MARKETS 12L

Profit Maximisation – Do Firms Maximise Profits – Marginal Revenue, Marginal Cost, and

Profit Maximisation for Competitive Firm – Choosing Output in Short Run – Competitive

Firm’s Short Run Supply Curve – Short-Run Market Supply Curve – Elasticity of Market

Supply – Producer Surplus in Short Run – Choosing Output in Long Run – Evaluating Gains

and Losses from Government Policies – Consumer and Producer Surplus – Efficiency of

Competitive Market – Minimum Prices – Price Supports – Production Quotas – Import Quotas

and Tariffs – Impact of Tax or Subsidy

TEXT BOOKS

1. Robert Pindyck and Daniel Rubinfeld, Microeconomics, Eighth Edition, Pearson, 2017.

2. N. Gregory Mankiw, Principles of Microeconomics, Seventh Edition, Cengage, 2015.

REFERENCE BOOKS

1. Paul A. Samuelson and William D. Nordhaus, adapted by Sudip Chaudhuri, and Anindya

Sen, Economics, 20th Edition, McGraw Hill, 2019.

2. Hal R. Valerian, Intermediate Microeconomics: A Modern Approach, Springer,

2010.

ONLINE RESOURCES

1. https://www.coursera.org/learn/microeconomics

2. https://nptel.ac.in/courses/110/104/110104093/


COURSE TITLE POLITICAL THEORY CREDITS 3

COURSE CODE PSB1102 COURSE CATEGORY CF L-T-P-S 3:1:0:0

CIA 40% ESE 60%

LEARNING LEVEL


1. Enabling the student to get familiarized with the basic concepts of political theory

2, 1

2. Encouraging the student to have critical and reflective analysis and interpretation of political practices

3, 2

3 Providing a conceptual understanding on state and the political processes 7, 1, 2

4. Enabling the student to gain knowledge on the Ideas and practices related to welfare and welfare state

3, 1, 2

1094

Prerequisites:

MODULE – 1: Nature and Significance of Political Theory 9L

Nature and Significance of Political Theory: Meaning, Nature, and Characteristics; Importance of the Classics of Political Theory, Uses of Political Theory

MODULE – 2: The State and Sovereignty 9L

The State in Political Philosophy, The Economic Theory of the State, The Organic Theory of the State. Sovereignty: Concept, Characteristics and History, Austin’s Theory of Sovereignty, Pluralism and State Sovereignty

MODULE – 3:Political Theory – Practice, Power, Influence and Authority 9L

Power and Authority: Introduction, Meaning and Explanation of Power, Distinction of Power with Force, Influence and Authority, Sources and types of Power, Power and Influence – Similarities and Differences, Uses and limitation of Power. Democracy: The history of an idea; Procedural Democracy and its critique; Deliberative Democracy; Participation and Representation

MODULE- 4: Equalityand Justice 9L

Equality and Justice: meaning; dimensions and characteristics of equality; types and importance of equality. Nature of justice; bases of justice; procedural and distributive justice; dimensions and importance of justice.

MODULE – 5:Welfare and Welfare State 9L

Welfare and Welfare State: The origins and Rise of Welfare Theory, Contemporary Welfare Arguments, The Market and Welfare, Equality, Liberty and the Welfare State. The Public Interest and Democracy: The Public Interest, Democracy, Procedural Democracy and the Public Interest

TEXT BOOKS

1 Bhargava, R. (2008) ‘What is Political Theory’, in Bhargava, R and Acharya, A. (eds.) Political Theory: An Introduction. New Delhi: Pearson Longman, pp. 2-16.

2 Menon, Krishna. (2008) ‘Justice’, in Bhargava, Rajeev and Acharya, Ashok. (eds.) Political

Theory: An Introduction. New Delhi: Pearson Longman

3 Bhuyan, Dasarathy(2016), ‘Understanding Political Theory’, Cuttack: Kitab Mahal.

COURSE TITLE LAW RELATING TO PARTNERSHIP

CREDITS 3

Course Code: Course Category CF L-T-P-S 3:1:0:0

MODULE – 1: Introduction to Partnership

What is Partnership?; Definitions of Partnership ; Essentials of partnership; Types of Partners and Duration of partnership;

MODULE – 2: Relations of Partners to One another

Relations of Partners to One Another; Duties of Partners; Rights of Partners;

Partnership Property;

1095

MODULE – 3: Relations of Partners to Third Parties

Relations of Partners to Third Parties ; Liability of Partners; Doctrine of

Implied Authority; Limitations to Doctrines of Implied Authority;

MODULE – 4: Liability of Partners

Incoming and Outgoing Partners; Liability of New Partner; Liability of

Retired Partner; Right of Outgoing partner; Modes of Retirement;

MODULE – 5: Dissolution of Partnership

Dissolution of partnership; Modes of Dissolution; Consequences of

Dissolution; Legal effects.

REFERENCE /TEXT BOOKS

1. Avtar Singh, Introduction to Law of Partnerships (Eastern Book Company; 2019)

2. Avtar Singh, Business law (11th Edition) (relevant chapters) (Eastern Book

Company 2018).

3. P. Mulla, The Sale of Goods and Indian Partnership Act (Lexi Nexis 2012)

1096

SEMESTER – III

COURSE

TITLE

MACROECONOMICS CREDITS 3


Category

CF L-T-P-S 3:1:0:0

CIA 40% ESE 60%

LEARNING

LEVEL


MODEL

COURSE OUTCOMES PO

1. Understand Macroeconomics and the IS-LM Model

2. Understand the labour market and the AS-AD Model

3. Analyse unemployment, inflation, and the financial crisis

4. Be able to appreciate issues relating to growth, savings, capital

accumulation, and output

5. Study the relationship between technological progress and growth

Prerequisites : Basic concept of Micro economics.

MODULE – 1: GOODS AND FINANCIAL MARKETS: THE IS-LM MODEL 12L

Aggregate output – Unemployment Rate – Inflation Rate – Output, Unemployment, and the

Inflation Rate: Okun’s Law and Philips Curve – Short Run, Medium Run, and Long Run –

Composition of GDP – Demand for Goods – Determination of Equilibrium Output – Investment

Equals Savings – Goods-Market Equilibrium – Demand for Money – Determining the Interest

Rate – Alternative ways of looking at the Equilibrium – Goods Market and the IS Relation –

Financial Markets and the LM Relation – IS-LM Model – Using a Policy Mix – Does the IS-

LM Model Fit the Facts?

MODULE – 2: THE LABOUR MARKET AND AS-AD MODEL 6L

Labour Market – Movements in Unemployment – Wage Determination – Price Determination

– Natural Rate of Unemployment – AS-AD Model – Aggregate Supply – Aggregate Demand –

Equilibrium in Short and Medium Run – Effects of a Monetary Expansion – Decrease in Budget

Deficit – Increase in Price of Oil – Short Run vs Medium Run – Shocks and Propagation

Mechanisms

MODULE – 3: UNEMPLOYMENT, INFLATION, AND FINANCIAL CRISIS 9L

Phillips Curve, Natural Rate of Unemployment – Neutrality of Money – Variations in Natural

Rate across Countries and over Time – Disinflation, Credibility, and Unemployment – High

Inflation, Deflation, and the Phillips Curve Relation – Financial Crisis, 2007-09 – Housing

Prices and Subprime Mortgages – Role of Banks – Policy Responses – Limits of Monetary

Policy – Liquidity Trap – Limits of Fiscal Policy – High Debt – Recovery

MODULE – 4: GROWTH, SAVING, CAPITAL ACCUMULATION, AND OUTPUT 9L

Measuring Standard of Living – Growth in Rich countries, and across time and space – Growth:

A Primer – Saving, Capital accumulation, and Output – Interactions between Output and Capital

– Implications of Alternative Savings Rates – Getting a Sense of Magnitudes – Physical vs.

Human Capital

1097

MODULE – 5: TECHNOLOGICAL PROGRESS AND GROWTH 9L

Technological Progress and Rate of Growth – Determinants of Technological Progress – Facts

of Growth Revisited – Productivity, Output, and Unemployment in the Short Run – Productivity

and the Natural Rate of Unemployment – Technological Progress, Churning, and Distribution

Effects – Institutions, Technological Progress, and Growth

TEXT BOOKS

1. Olivier Blanchard and David R. Johnson, Macroeconomics, Sixth Edition, Pearson,

2017.

REFERENCE BOOKS

1. N. Gregory Mankiw and Mark P. Taylor, Macroeconomics, Fourth Edition, Cengage,

2017.

2. Rudiger Dornbusch, Stanley Fischer, and Richard Startz, Macroeconomics, 12th Edition,

McGraw Hill, 2018.

3. Richard T. Froyen, Macroeconomics: Theories and Policies, Tenth Edition, Pearson,

2013.

ONLINE RESOURCES

1. https://www.coursera.org/learn/principles-of-macroeconomics

2. https://www.coursera.org/learn/macroeconomic-factors


COURSE

TITLE HISTORY OF ECONOMIC THOUGHT CREDITS 3


Category CF L-T-P-S 3:1:0:0

CIA 40% ESE 60%

LEARNING

LEVEL BTL – 1,2,4

ASSESSMENT

MODEL

COURSE OUTCOMES PO

1. Be able to understand the nature of economic thought and importance of

classical economic theories

2. Be able to appreciate the importance of neo-classical theories

3. Be able to appreciate the contribution of Institutionalism, Welfare Economics,

and Keynesianism

4. Be able to understand Monetarism and Post-Keynesian economic theories

5. Be updated as to the recent developments and trends in Economic thought

Prerequisites : Basic concept of Economic thought

MODULE – 1: CLASSICAL ECONOMIC THEORIES 9L

Nature and Importance of Economic thought – Approaches of Economic Thought – Scholastics

– Mercantilism, French and English – Thomas Munn – Scientific Method and the French

1098

Physiocrats – Quesnay – The Classical School – Adam Smith – Division of Labour – Ricardo

and Theory of Rent – Comparative Cost Theory – Stationary State – Malthus and Theory of

Population and Theory of Gluts

MODULE – 2: NEO-CLASSICAL ECONOMIC THEORIES 9L

Neo-Classical – Marginal Revolution – Alfred Marshall and the Cambridge School – Utility

Theory – Consumer‘s Surplus – Elasticity of Demand – Concept of Representative Firm ––

Marxian Economics –Labour Theory of Value – Theory of Surplus Value – Marx’s Theory of

Money, Distribution, Capital Accumulation, and Crises

MODULE – 3: EARLY 20TH CENTURY 9L

American Institutionalism – AC Pigou and Welfare Economics –Hayek and the Austrian School

–Keynes and the General Theory of Employment, Interest, and Money – Capitalism – Socialism

and Mixed Economy – New Institutionalism – Common Pool Resources

MODULE – 4: POST-KEYNESIAN ECONOMICS AND MONETARISM 9L

Friedman and Monetarism – Stagflation of 70s – Rational Expectations Theories – Financial

Crises and their Impact on Economic Thinking

MODULE – 5: RECENT TRENDS 9L

Game Theory – Behavioural Economics – Experimental Economics

TEXT BOOKS

1. Robert L. Heilbroner, The Worldly Philosophers, Seventh Revised Edition, Simon and

Schuster, 2003.

2. Gianni Vaggi and Peter Groenewegen, A Concise History of Economic Thought –

From Mercantilism to Monetarism, Palgrave Macmillan, 2003.

REFERENCE BOOKS

1. Mark Blaug, Economic Theory in Retrospect, Cambridge University Press, 1997.

2. Jonathan Conlin, Great Economic Thinkers: From Adam Smith to Amartya Sen,

Speaking Tiger Publishing, 2018.

3. Henry Spiegel, The Growth of Economic Thought, Duke University Press, 1983.

4. Sylvia Nasar, Grand Pursuit: The Story of Economic Genius, Simon and Schuster,

2011.

5. Linda Yueh, The Great Economists: How Their Ideas Can Help Us Today, Viking,

2018.

ONLINE RESOURCES

1. http://cepa.newschool.edu/het/home.htm

2. http://netec.wustl.edu/~adnetec/WebEc/webecb.html

1099

COURSE TITLE CLASSICAL POLITICAL THOUGHT CREDITS 3


CIA 40% ESE 60%

LEARNING LEVEL


1. Introducing the basics of classical political philosophy in the western context 1,2

2. Familiarize students with the Greek antiquity and the manner in which the political questions were first posed

6,7

3 Providing basic understanding on Machiavelli’s interlude inaugurating modern politics followed by Hobbes and Locke

8

Prerequisites:

MODULE 1 : Antiquity - I 9L

Antiquity – Plato- Philosophy and Politics, Theory of Forms, Justice, Philosopher King/Queen, Communism - Presentation theme: Critique of Democracy; Women and Guardianship, Censorship

MODULE 2: Antiquity – II 9L

Aristotle - Forms, Virtue, Citizenship, Justice, State and Household - Presentation themes: Classification of governments; man as zoon politikon

MODULE 3: Interlude 9L

Machiavelli: Virtue, Religion, Republicanism, Presentation themes: morality and statecraft; vice and virtue

MODULE 4: Possessive Individualism 9L

Possessive Individualism - Hobbes - Human nature, State of Nature, Social Contract, State Presentation themes: State of nature; social contract; Leviathan; atomistic individuals.

MODULE 5: Laws of Nature and Natural Rights 9L

Locke - Laws of Nature, Natural Rights, Property, Presentation themes: Natural rights; right to dissent; justification of property

REFERENCES

1 Q. Skinner, (2010) ‘Preface’, in The Foundations of Modern Political Thought Volume I, Cambridge: Cambridge University Press pp. ix-xv.

2 T. Ball, (2004) ‘History and Interpretation’ in C. Kukathas and G. Gaus, (eds.) Handbook of Political Theory, London: Sage Publications Ltd. pp. 18-30.

3 J. Coleman, (2000) ‘Introduction’, in A History of Political Thought: From Ancient Greece to Early Christianity, Oxford: Blackwell Publishers, pp. 1-20.

E BOOKS

1 Boaz, (ed), (1997) The Libertarian Reader, New York: The Free Press.

1100

COURSE TITLE Political Parties and Processes in India CREDITS 3

COURSE CODE PSB1103 COURSE CATEGORY CF L-T-P-S 3-1-0-0

CIA 40% ESE 60%

LEARNING LEVEL


1. Enabling the student to map the working of ‘modern’ institutions, premised on the existence of an individuated society, in a context marked by communitarian solidarities, and their mutual transformation thereby

1,2

2. Inculcating political process and different mode of analysis offered by political sociology

2,3

3 Familiarizing students with the working of the Indian state, paying attention to the contradictory dynamics of modern state power

1,2,7

Prerequisites:

MODULE 1 : INC as a party 9L

these issues with specific reference to the unrivalled, if highly contentious, record of the Indian National Congress (INC) in shaping the trajectory of the party system in the early decades after independence. The discussion will focus on the unique characteristics of the system of one-party dominance, as contrasted with other forms of single party rule that emerged in different post-colonial societies. It will explore the theory of the consensual model of governance and nature and role of the opposition under the system as developed by Rajni Kothari and other scholars during the 1960s and 1970s. Equally, students will engage with a critique of the one-party model of democracy that has been advanced in years that are more recent.

MODULE 2 : Parties in India 9L

will devote attention to the dawn of state-based parties, exemplified early on by the emergence of the

Dravida Munnetra Kazhagam (DMK) in Tamil Nadu. Special emphasis is laid on the Self-Respect

Movement that preceded and significantly shaped the DMK and the AIADMK subsequently, and

continues to animate politics in the state.

MODULE 3 : Other major Parties in India 9L

concentrates on party formations in various regions in the post-independence era. Some of them, such

as the Telugu Desam Party (TDP) in Andhra Pradesh, were founded on the promise of realising local

aspirations, which they perceived were largely neglected in the one-party framework. The birth of the

Telangana Rashtra Samiti (TRS) is arguably the result of the extension of the same logic within one

large state. Other state parties drew their impetus from the need to buttress particular ethnic

identities. Prime examples are the Assam gana Parishad (AGP) to represent the Assamese, the

Siromani Akali Dal in Punjab to espouse the Sikh cause and the Shiv Sena in Maharashtra to promote

Marathi interests.

MODULE 4 : Caste based Parties 9L

shifts focus to various parties rooted in the assertion of caste-based identities, such as the Samajwadi

Party (SP) and Bahujan Samaj Party (BSP), principally in Uttar Pradesh. The combined effect of all these

different parties leading to a reconfiguration of the political landscape both at the national and state

level, thus heralding the period of coalition governments will be addressed.

1101

MODULE 5 : BJP vs INC 9L

Examines the aggressive nationalism embodied by the Bharatiya Janata Party (BJP), and its relative

success to present an alternative to the centrist stance of the Congress. The introduction of a political

idiom that draws on the appeal to the majority religion and the potential of a return to single party

majority would be addressed.

REFERENCES

1 Sridharan E (2012) Introduction: Theorising Democratic Consolidation, Parties and Coalitions, Democratic Consolidation in Asia, New Delhi.

2 Kohli, Atul (2004) (ed.) ‘The Success of India’s Democracy’, New Delhi, Cambridge University Press.

3 M. John, (ed) (2008) ‘Women in India: A Reader, Penguin , India

REFERENCES

1 P. Mehta and N. Jayal (2010) (eds.) ‘The Oxford Companion to Politics in India’, New Delhi, Oxford University Press

COURSE

TITLE

LAW RELATIONG TO SALE OF GOODS

CREDITS 3

COURSE

CODE

COURSE

CATEGORY CF LTPS 3:1:0:0

CIA 40% ESE 60%

Prerequisites : Basics of Law of Contract

MODULE 1: General: Formation of Contracts of Sale

Concept of ‘Goods’, ‘Sale’ and ‘Agreement to sell’, Statutory Transactions, Contract for ‘Works’/

‘Labour’, Hire-Purchase Agreement

MODULE 2: Conditions and Warranties

Stipulation as to time, Implied Conditions and Warranties – as to title, quality, fitness, Doctrine of

Caveat Emptor, Sale by Description and by Sample, Treating Conditions as Warranties

MODULE 3: Effects of the Contract

Transfer of property, Doctrine of Nemodat quod non habet – sale by a person other than the owner,

Sale by joint owner, Sale by mercantile agent, Sale under voidable contract, Sale by seller or buyer in

possession after sale, Sale in Market Overt

1102

MODULE 3: Effects of the Contract

Sale by mercantile agent, Sale under voidable contract, Sale by seller or buyer in possession after sale,

Sale in Market Overt

MODULE 5: Rights of an unpaid seller

Who is an un-paid seller?, Un-paid Seller’s Rights – Right of lien, Right of stoppage in transit, Transfer

of goods by buyer and seller

REFERENCE BOOKS

Books Recommended

Pollock &Mulla, The Sale of Goods Act, 8th By Satish J. Shah, 2011, Lexis Nexis

Law of Sale of Goods by Avtar Singh(latest edition) Krishnamachari and Surinder K. Gogia, T.S. VenkatesaIyer’s Sale of Goods Act.

Benjamin, Sale of Goods (8thed) 2010

Atiyah, Adams &MacQueen, Sale of Goods(12thed 2010)

COURSE

TITLE

LAW RELATIONG TO NEGOTIABLE

INSTRUMENTS CREDITS 3

COURSE

CODE

COURSE

CATEGORY CF LTPS 3:1:0:0

CIA 40% ESE 60%

Prerequisites : Basics of Law of Contract

MODULE 1: Introduction to Negotiable Instruments Act

History and nature of Negotiable Instruments, Different kinds of Negotiable Instruments viz.,

Promissory Note, Bill of Exchange & Cheque; Definition and Nature

MODULE 2:Holder’ and ‘Holder in due course’

Meaning of Holder and Holder in Due Course, Rights & privileges of holder in due course

MODULE 3: Transfer of Negotiable Instruments

Meaning and effect of Negotiation, Assignment, Meaning and effect of Negotiable Instruments -Who

may indorse?, Kinds of Indorsement – Indorsement in Blank and Full, Conditional Indorsement,

Restrictive Indorsement, Sans Recourse Indorsement, Partial Indorsement

MODULE 3: Liability of Parties and Discharge from liability Liability of accepter or Maker, Drawer, Drawee and Indorsed, Banker’s liabilities for Unjustified

dishonour of cheque, Discharge from liability by Cancellation, by Release, by Payment, by Material

Alteration, by qualified acceptance by Negotiation

MODULE 5:Crossing of Cheques

Meaning, Object and consequences of crossing, Different Kinds of crossing – general, special, not-

negotiable & account payee crossing, Who may Cross?, Rights and duties of paying banker, Protection

of collecting banker, Criminal liability of drawer for issuing cheques without fund; prosecution of drawer; fine and composition; compounding of offence

1103

REFERENCE BOOKS

Books Recommended

P. ‘Faizi’ & Ashish Aggarwal, Khergamvala on The Negotiable Instruments Act Ranganath Misra, Bhashyam & Adiga’s The Negotiable Instruments Act

Avtar Singh, Negotiable Instruments Krishnamurti Aiyar, Law Relating to the Negotiable Instruments Act

SEMESTER – IV

COURSE

TITLE

INDIAN ECONOMY CREDITS 3


Category

CF L-T-P-S 3:1:0:0

CIA 40% ESE 60%

LEARNING

LEVEL


MODEL

COURSE OUTCOMES PO

1. Be able to have an overview of the Indian Economy, and the role of

Agriculture, Rural Economy, and Natural Resources

2. To understand issues relating to Indian industry and infrastructure

3. To understand issues relating to services sector including financial sector

4. To understand issues relating to External Sector and government policy

5. To understand issues relating to population, labour, employment, and human

development

Prerequisites : Basic concepts of Economics

MODULE – 1: OVERVIEW, AGRICULTURE, RURAL ECONOMY, NATURAL

RESOURCES 9L

Overview of Indian Economy – Role of Agriculture in Indian Economy – Need for Food

Security in India – Irrigation and Agricultural Input Pricing Policies in India – Rural Land

Reforms policies in India – Agricultural Output Pricing Policies in India – History of

Economic Planning in India – Objectives of Five year Plans – Policy of Mixed Economy

and its relevance – An analysis of the last two five year plans – Sectoral Growth under

Economic Planning – Limitations of Indian Planning Techniques – Role of NITI Aayog

1104

MODULE – 2: INDUSTRY AND INFRASTRUCTURE 9L

Role of Industries in Indian Economic Development - Small vs Large Scale Industries -

Reasons for Industrial Sickness in India - Industrial growth in the last two five year plans –

Industrial policy of Government of India since 1948 – Public sector – Disinvestment

MODULE – 3: SERVICES AND FINANCIAL SECTOR 9L

State of services sector in India - Role of different modes of Transport in Indian Economic

Development - Need for Government intervention in the provision of Health and

Education in India - Performance of Indian Capital Markets– Banking Sector Problems and

Reforms – Role of RBI, SEBI, IRDA, PFRDA, and NFRA

MODULE – 4: EXTERNAL SECTOR, GOVERNMENT POLICY 9L

India’s Trade Policy – Balance of Payments and Balance of Trade – Composition of India’s

foreign Trade – Foreign Direct Investment – Multilateral and Bilateral Trade Arrangements

(RCEP, etc.) – Government Policy – Impact of WTO in India

MODULE – 5: POPULATION, LABOUR, EMPLOYMENT, HUMAN

DEVELOPMENT 9L

An analysis on recent population census - Theory of Demographic transition - Good and

Bad effects of rising population in India - Family planning policy in India under five year

plans - National Population Policy in recent years. – Unemployment – Labour Reforms –

Human Development and HDI

TEXT BOOKS

1. Kaushik Basu and Annemie Maertens (ed.), The Concise Oxford Companion to

Economics in India, Oxford University Press, 2011.

2. Uma Kapila (ed.), Indian Economy Since Independence: A Comprehensive and

Critical Analysis of India's Economy, 1947-2018, 30th Edition, Academic

Foundation, 2019.

COURSE

TITLE DEVELOPMENT ECONOMICS CREDITS 3


Category CORE 12 L-T-P-S 3:1:0:0

CIA 40% ESE 60%

LEARNING

LEVEL BTL – 1,2,3,4

ASSESSMENT

MODEL

COURSE OUTCOMES PO

1. Understand economic development and how it varies across countries

2. Appreciate classical theories and contemporary models of economic

development

3. Be able to articulate issues and challenges in poverty, inequality, and

population growth

1105

4. Analyse human capital issues relating to urbanisation, rural-urban migration,

education, and health

5. Understand development issues in agriculture, rural sector, and environment

Prerequisites: Macroeconomics – I

MODULE – 1: COMPARATIVE ECONOMIC DEVELOPMENT 9L

How the other half lives – Economics and Development Studies – Growth vs. Development –

Nature of Development Economics – Why Study Development Economics – Important Role of

Values – Economies as Social Systems – What do we mean by development? – “Capability”

Approach – Core Values and Objectives of Development – Case Study: Brazil – Defining the

Developing World – Basic Indicators of Development: Real Income, Health, and Education –

Holistic Measures of Living Levels and Capabilities – Characteristics of the Developing World:

Diversity within Commonality – How Low-Income Countries Today Differ from Developed

Countries in their Earlier Stages – Are Living Standards of Developing and Developed Nations

Converging? – Long-Run Causes of Comparative Development – Case Studies

MODULE – 2: CLASSIC THEORIES AND CONTEMPORARY MODELS 9L

Classic Theories of Economic Development: Four Approaches – Development as Growth and

the Linear-Stages Theories – Structural-Change Models – International-Dependence Revolution

– Neoclassical Counterrevolution: Market Fundamentalism – Reconciling the Differences –

Underdevelopment as Coordination Failure – Multiple Equilibria – Big Push – Multiple

Equilibria – Michael Kremer’s O-Ring Theory of Economic Development – Economic

Development as Self-Discovery – Hausmann-Rodrik-Velasco Growth Diagnostics Framework

– Case Studies: South Korea, Argentina, China

MODULE – 3: POVERTY, INEQUALITY, POPULATION GROWTH, AND

DEVELOPMENT 9L

Measuring Inequality – Measuring Absolute Poverty – Poverty, Inequality, and Social Welfare

– Absolute Poverty: Extent and Magnitude – Economic Characteristics of High-Poverty Groups

– Policy Options on Income Inequality and Poverty – Relative Factor Prices – Increasing Assets

of the Poor – Progressive Income and Wealth Taxes – Direct Transfer Payments and Public

Provision of Goods and Services – Population Growth and Economic Development –

Demographic Transition – Causes and Consequences of High Fertility in Developing Countries:

Malthusian and Household Models – Some Policy Approaches – Case Studies: China and India

MODULE – 4: HUMAN CAPITAL: URBANISATION, RURAL-URBAN

MIGRATION, EDUCATION AND HEALTH 9L

Urbanisation: Trends and Living Conditions – Role of Cities – Urban Giantism Problem – Urban

Informal Sector – Migration and Development – Economic Theory of Rural-Urban Migration –

Comprehensive Urbanisation, Migration, and Employment Strategy – Case Study: India and

Botswana – Central Roles of Education and Health – Investing in Education and Health: Human

Capital Approach – Child Labour – Gender Gap: Discrimination in Education and Health –

Educational Systems and Development – Health Measurement and Disease Burden – Health,

Productivity, and Policy – Case Study: Mexico

MODULE – 5: AGRICULTURE, RURAL DEVELOPMENT, AND

ENVIRONMENT 9L

Imperative of Agricultural Progress and Rural Development – Agricultural Growth: Past

Progress and Current Challenges – Structure of Agrarian Systems in the Developing World –

Important Role of Women – Microeconomics of Farmer Behaviour and Agricultural

1106

Development: Subsistence to Commercial Farming, Subsistence Farming, Sharecropping,

Mixed or Diversified Farming, divergence to Specialisation – Core Requirements of a Strategy

of Agricultural and Rural Development – Case Study: Kenya - Environment and Development:

Basic Issues – Economics and Environment – Sustainable Development and Environmental

Accounting – Natural Resource-based Livelihoods – Domestic Origin Environmental

Degradation – Environmental Deterioration in Villages – Global Warming and Climate Change

– Economic Models of Environmental Issues – Urban Development and Environment – Local

and Global Costs of Rain Forest Destruction – Policy Options in Developing and Developed

Countries – Case Studies.

TEXT BOOKS

1. Michael P. Todaro and Stephen C. Smith, Economic Development, 12th Edition, Pearson

Education, 2017.

REFERENCE BOOKS

1. A.P. Thirlwall, Economics of Development, Ninth Edition, Palgrave, 2011.

2. Debraj Ray, Development Economics, Oxford University Press, 1998.

3. Abhijit Banerjee and Esther Duflo, Poor Economics: Rethinking Poverty and the Ways

to End it, Penguin, 2013.

4. Abhijit Banerjee, Roland Benabou, and Dilip Mookerjee, Understanding Poverty,

Oxford University Press, 2006.

ONLINE RESOURCES

1. https://www.coursera.org/learn/sustainable-development

2. https://www.coursera.org/learn/political-economy


COURSE TITLE INDIAN POLITICAL THOUGHT CREDITS 3


CIA 40% ESE 60%

LEARNING LEVEL


1. Students will be equipped with the specific elements of Indian Political Thought spanning over two millennia

2,3

2. Providing knowledge on the basic focus of individual thinkers whose ideas are however framed by specific themes

6,7

3 Gaining knowledge on a sense of the broad streams of Indian thought while encouraging a specific knowledge of individual thinkers and texts

8

Prerequisites:

MODULE 1 : Traditions of Pre-colonial Indian Political Thought 9L

Brahmanic and Shramanic; Islamic and Syncretic.

MODULE 2 :Ved Vyasa (Shantiparva) and Manu 9L

Ved Vyasa : Rajadharma; Manu : Social Laws

1107

MODULE 3 :Kautilya, Barani 9L

Kautilya: Theory of State, Foreign Policy, Barani; Ideal Polity, Role of King

MODULE 4 : Aggannasutta 9L

Aggannasutta- Theory of Kingship; Ideal Polity

MODULE 5 : Kabir and AbulFazal 9L

AbulFazal-Monarchy; Kabir: Syncretism

REFERENCES

1. Brown, (2003) ‘The Verses of Vemana’, Asian Educational Services, Delhi.

2. A. Appodoroy, (2002) ‘Political Thought in India, Delhi, Khama Publication

E BOOKS

1 L. Hess and S. Singh, (2002) ‘The Bijak of Kabir’, New Delhi, Oxford University Press.

2 S. Collins, (2001) ‘AggannaSutta: The Discussion on What is Primary (An Annotated Translation from Pali), Delhi, SahityaAkademi

COURSE TITLE INTERNATIONAL RELATIONS CREDITS 3

COURSE CODE PLB1301 COURSE CATEGORY CF L-T-P-S 3:1:0:0

CIA 40% ESE 60%

LEARNING LEVEL


1. Equip the students with the basic intellectual tools for understanding International Relations

1,2

2. Introducing the students to some of the most important theoretical approaches for studying international relations

6,7

3 Students will have a fairly comprehensive overview of the major political developments and events starting from the twentieth century

8

Prerequisites:

MODULE 1 :Studying International Relations9L

Introduction to International Relations – Meaning, scope and evolution; Emergence of International state system; National interest-key Determinant of International Relations; Power-Cornerstone of International Relations

MODULE 2 : Understanding International Relations9L

How to Understand International Relations: Levels of Analysis, History of IR, Emergence of the International State System, Pre – Westphalia, Post – Westphalia

MODULE 3 : Theoretical Perspectives 9L

Classical Realism and Neo-Realism, Liberalism & Neo-liberalism; Marxist Approaches, Feminist Perspectives, Euro- centralism& Perspective from the Global South

1108

MODULE 3 : An Overview of Twentieth Century IR History-I 9L

World War I: Causes & Consequences, significance of Bolshevik Revolution; Rise of Fascism / Nazism, World war II-Causes &Consequences

MODULE 4 : World in 20th Century 9L

World in 20th Century - Second World War: Causes and Consequences - Cold War: Phases and Impact

REFERENCES

1. John Baylis, Steve Smith and Patricia Owens (Edited), The Globalization of World Politics, Fourth Edition, OUP, USA 2008

2. John Baylis, J.Wirtz, C.Gray, Strategy in Contemporary World, OUP, UK, 2010

3. Joshua S. Goldstein, International Relations,8/e, Pearson Education 2008

E BOOKS

1. Peu Ghosh, International Relations, PHI Pvt. Ltd., New Delhi, 2010

2. V N Khanna, International Relations, Vikas Publishing House,2008

COURSE TITLE FUNDAMENTALS OF

COMPANY LAW

CREDITS 3

Course Code PCB1201 Course

Category

CF L-T-P-S 3:1:0:0

CIA 40% ESE 60%

LEARNING LEVEL BTL – ASSESSMENT

MODEL

COURSE OUTCOMES PO

1 This paper is imparted in the view of increasing emphasis on adherence to norms of good corporate governance. Company Law assumes an added importance in the corporate legislative milieu, as it deals with structure, management, administration and conduct of affairs of Companies.

1

2 2

3 3

4 3

5 1

Prerequisites :

1109


Company: - Meaning and definition - characteristics - Kinds of Companies - private and public, government companies - statutory companies - Chartered - Registered - Limited and unlimited - Lifting of the corporate veil.

MODULE – COMPANIES ACT -2013 9L

Types of Companies and their incorporation - Formation of Companies - Procedural Aspects - Memorandum of Association - definition, clauses, provisions and procedures for alteration - - Articles of Association - definition, contents - provisions and procedures for alteration - distinction between Memorandum and Articles of Association • Doctrine of Ultra-Vires, Constructive Notice, Indoor Management - Promoters - Meaning, Position, Duties, Rights, Responsibilities and Liabilities - Prospectus - Contents - Statements in Lieu of Prospectus - Liabilities for misstatement.

MODULE – 3: SHARES AND DEBENTURES 9L

Shares - Classes of shares - Preference and equity shares -Public issue of shares - SEBI guidelines - Allotment of shares - Irregular allotment - Issue of shares at premium, par and discount - Listing of shares - Sweat equity shares - Right shares - Bonus shares - Shares with differential rights - Share certificate and share warrant. Calls, forfeiture, lien, surrender of shares - Demat form of shares -Transfer and transmission of shares - Buyback of shares Transfer under depository system - Debentures - Charges and Debenture Holder - Dividends - Borrowings - Lending - Investments - Contracts.

MODULE – 4: CORPORATE GOVERNANCE 9L

Management of Companies: - Directors - Managing Director - Appointment – Qualification - Rights - Responsibilities and liabilities – Disqualification of directors Meetings - Requisites - Statutory, Annual, Extra ordinary and Board Meetings, Resolutions – Types -Accounts and Audits - Internal Auditing - National Financial Reporting Authority - E-filing and Information Technology Act, 2000 - Corporate Social Responsibility - Prevention of Oppression and Mismanagement – Investigation – Powers of Inspectors – Powers of NCLT, Company Law Board - Insider Trading.

MODULE – 5: COMPROMISES, ARRANGEMENTS AND WINDING UP 9L

Compromises - Arrangements and Amalgamations - Mergers and Acquisitions - Winding Up - Meaning - modes of winding up - winding up by the tribunal - Members voluntary winding up - creditor’s voluntary winding up - winding up under the supervision of the court - Administration of NCLT and CLAT and Special Courts - Powers of Liquidators - Removal of Names of Companies from Register of Companies - Defunct Companies and Restoration - Revival and Rehabilitation of Sick Companies. Emerging issues in Company Law: Producer Company - Limited liability partnership - Concept and formation of corporate governance - relevance and provisions under listing agreement - Securities and Exchange Board of India act 1992: Introduction - Object - establishment and management of SEBI - Functions and powers of SEBI – Securities Appellate Tribunal.

TEXT BOOKS

1. Company Law and Secretarial Practice by N.D. Kapoor

2. Company Law by Avatar Singh

REFERENCE BOOKS

1. Company Law by Gower

2. Company Law by Mayson,French and Ryamn

3. Company Laws by Palmer

1110

COURSE TITLE CORPORTE GOVERNANCE

CREDITS 3

Course Code: Course Category CF L-T-P-C 3:1:0:0

MODULE – 1: An Introduction

Introduction; what is corporate governance; definitions and importance of

corporate governance; corporate ethics;

MODULE – 2: Methods and Mechanism

Various Methods and mechanisms; Models of Corporate Governance;

Mechanisms of Corporate Governance;

MODULE – 3: Shareholders and Stakeholders

Shareholders and Stakeholders; the rights of shareholders; the responsibilities

of shareholders; stakeholder protection; minority stakeholders protection;

Hedge fund activism;

MODULE – 4: Board of Directors

Board of Directors; Director and Board Structure; Role, fiduciary duties; and

responsibilities; independent director;

MODULE – 5: Corporate Social Responsibility

Corporate Social Responsibility; Corporate Responsibility; evolution; social

legitimacy; role of stake holders in CSR.


1. Dr V N Parthiban, Corporate Governance (Charulatha Publications, Chennai)

2. Jayati Sarkar and Subrata Sarkar, Corporate Governance in India, (2012: Indira

Gandhi Institute for Development Research.

3. Indian Institute of Company Affairs, Corporate Governance (2015)

1111

SEMESTER – V

COURSE

TITLE

INTERNATIONAL ECONOMICS CREDITS 3



CIA 40% ESE 60%

LEARNING

LEVEL BTL – 1,2,4

ASSESSMENT

MODEL

COURSE OUTCOMES PO

1. Understanding the role of Foreign trade

2. Examining the importance of International Trade Theories

3. Understanding the BOP and BOT.

4. Analysing the terms of trade.

5. Understanding the role of International Financial Institutions.

Prerequisites : Macroeconomics – I and II, Development Economics - I

MODULE – 1: INTRODUCTION AND INTERNATIONAL TRADE THEORY 9L

Globalisation of World Economy – Introduction to International Finance – International Trade

Theory – Mercantilism – Absolute Advantage – Law of Comparative Advantage – Standard

Theory of International Trade – Demand and Supply, Offer Curves, and Terms of Trade – Factor

Endowments and Heckscher-Ohlin Theory – Factor-Price Equalisation and Income Distribution

– Economies of Scale, Imperfect Competition, and International Trade – Economic Growth and

International Trade – Rybczynski Theorem – Small country and Large country cases

MODULE – 2: INTERNATIONAL TRADE POLICY 9L

Trade Restrictions: Tariffs – Partial Equilibrium Analysis of a Tariff – Theory of Tariff

Structure – Tariffs in Large and Small Countries – Optimum Tariff – Nontariff Trade Barriers

– New Protectionism – Cartels and Dumping – GATT and WTO – Multilateral Trade

Negotiations – Economic Integration: Customs Unions and Free Trade Areas – European Union

– International Trade and Economic Development – International Resource Movements and

Multinational Corporations

MODULE – 3: BALANCE OF PAYMENTS, FOREIGN EXCHANGE MARKETS,

AND EXCHANGE RATES 9L

Balance of Payments – Balance of Trade – Foreign Exchange Markets – Foreign Exchange

Rates – Spot and Forward Rates – Currency Swaps, Futures, and Options – Foreign Exchange

Risks, Hedging, Speculation – Interest Arbitrage: Case of Carry Trade – Eurocurrency and

Offshore Markets – Exchange Rate Determination – Purchasing-Power Parity Theory –

Monetary Approach to Balance of Payments and Exchange Rates – Portfolio Balance Model

and Exchange Rates – Exchange Rate Dynamics

MODULE – 4: OPEN ECONOMY MACROECONOMICS 9L

Price Adjustment Mechanism with Flexible and Fixed Exchange Rates – Effect of Exchange

Rate on Domestic Prices and Terms of Trade – Stability of Foreign Exchange Markets –

Elasticities in Real World – Adjustments under Gold Standard – Income Adjustment

Mechanism and Synthesis of Automatic Adjustments – Adjustment Policies – Policy Mix and

Price Changes – Direct Controls – Prices and Output in Open Economy – Flexible vs. Fixed

Exchange Rates – Impossible Trinity – Optimum Currency Areas, EMS, EMU – Currency

1112

Boards – Dollarisation – Exchange Rate Bands, Adjustable Pegs, Crawling Pegs, and Managed

Float – International Coordination

MODULE – 5: INTERNATIONAL MONETARY SYSTEM 9L

Gold Standard and Interwar Experience – Bretton Woods System: Evolution, Operation and

Collapse – Present System – Role of IMF – Problems with present Exchange Rate Arrangements

– Proposals for Reform – Financial Stability Issues in Advanced and Emerging Markets – Other

Current International Economic Problems – Case studies

TEXT BOOKS

1. Dominick Salvatore, International Economics: Trade and Finance, Eleventh Edition,

Wiley Student Edition, 2014.

REFERENCE BOOKS

1. Paul Krugman, Maurice Obstfeld, and Marc Melitz, International Economics: Theory

and Policy, Pearson, 2017.

ONLINE RESOURCES



COURSE

TITLE

BANKING SYSTEMS CREDITS 3

Course Code ENC1304 Course

Category

CF L-T-P-S 3:0:0:0

CIA 40% ESE 60%

LEARNING

LEVEL

BTL – 1,2,4 ASSESSMENT

MODEL

COURSE OUTCOMES PO

1. To understand the basics of banking structure and its regulation

2. To analyse the role of banks in the economy and major banking systems

3. To study the evolution and role of central banks across the world

4. To understand and analyse the history, role and functions of Reserve Bank of

India

5. To study the role of banks in financial stability

Prerequisites : Basic concepts of Economics.

MODULE – 1: INTRODUCTION TO BANKING 9L

Economic Analysis of Financial Structure – Banking and Management of Financial Institutions

– Banking Industry: Structure and Competition – Economic Analysis of Banking Regulation

MODULE – 2: ROLE OF BANKS 9L

History of banks – Bank balance sheet – Risks in banking – Financial intermediation – Credit

function – Deposits – Money multiplier – Payment system – Development role – Banks and the

1113

economy – Impact of bank failures – Banking system in US, UK, Europe, Japan, Australia,

Canada, Russia, Brazil, China, Singapore, New Zealand.

MODULE – 3: CENTRAL BANKING 9L

History of Central Banks – Riksbank – Bank of England – Evolution of Central Bank functions

– Central Bank balance sheet – Currency and Banker to Government – Banker to Banks –

Custodian of gold and forex reserves – Lender of Last resort – Financial crisis of 2007-09 and

Market Maker of Last Resort – Multiple Deposit Creation and the Money Supply Process –

Determinants of Money Supply – Tools of Monetary Policy – Conduct of Monetary Policy:

Goals and Targets Monetary Policy instruments – Payment system – Development role of

central banks – Central Bank Independence – Major central banks: Federal Reserve System,

European Central Bank, Bank of Japan, People’s Bank of China, Bank of Russia, Reserve Bank

of Australia, Reserve Bank of New Zealand

MODULE – 4: RESERVE BANK OF INDIA 12L

History of central banking in India – Reserve Bank of India Act, 1934 – History of RBI –

Monetary Policy function – Banker to banks – Banker to governments - Regulation of currency

– Banker to government – Custodian of cash reserves – Lender of last resort – Custodian of

foreign exchange reserves – Exchange rate management – Banking regulation and supervision

– Deposit insurance – Regulation of payment systems – Regulation of foreign exchange markets

– Financial inclusion – Research and Statistics – Annual Report and other publications of RBI

MODULE – 5: BANKING AND FINANCIAL STABILITY 6L

Banks and financial crises – Great Depression – Great Recession of 2007-09 – International

Coordination – Cross-border cooperation in bank supervision – Global Systemically Important

Banks – IMF, World Bank, and Financial Sector Assessment Programme – Role of BIS, BCBS

and Financial Stability Board – Reserve Bank of India’s Financial Stability Report

TEXT BOOKS

1. Frederic S. Mishkin, The Economics of Money, Banking, and Financial Markets,

Eleventh Edition, Pearson, 2019.

2. Stephen G. Cecchetti and Kermit L. Schoenholtz, Money, Banking, and Financial

Markets, Third Global Edition, McGraw-Hill, 2011.

REFERENCE BOOKS

1. Centre for Financial Learning, Banking Systems, Second Edition, South-Western

Cengage Learning, 2009.

2. Maxwell J. Fry, Charles A.E. Goodhart, and Alvaro Almeida, Central Banking in

Developing Countries: Objectives, Activities and Independence, Routledge, 1996.

ONLINE RESOURCES

1. https://www.coursera.org/learn/money-banking

2. https://www.coursera.org/learn/global-financial-crisis

3. www.rbi.org.in (various publications, speeches, and reports)

4. https://www.bankofengland.co.uk/-/media/boe/files/ccbs/resources/understanding-the-

central-bank-balance-

sheet.pdf?la=en&hash=0475942A8BE465179CF4CFB4996AF44CDACB1662

1114

COURSE TITLE INDIA’S FOREIGN POLICY CREDITS 3

COURSE CODE PLB1304 COURSE CATEGORY CF L-T-P-S 3:0:0:0

CIA 40% ESE 60%

LEARNING LEVEL


1. Introducing the domestic sources and the structural constraints on the genesis, evolution and practice of India’s foreign policy

1,2

2. Highlight integral linkages between the ‘domestic’ and the ‘international’ aspects of India’s foreign policy by stressing on the shifts in its domestic identity and the corresponding changes at the international level

2,3

3 Students will be instructed on India’s shifting identity as a postcolonial state to the contemporary dynamics of India attempting to carve its identity as an ‘aspiring power’

3,4

Prerequisites:

MODULE 1 :India’s Foreign Policy in a changing world 9L

India’s Foreign Policy: Major bases and determinants, India’s Foreign Policy: Postcolonial Perspective, Continuity and change in Indian Foreign Policy

MODULE 2: Non- Alignment and UNO 9L

The Role of Indian the Non- Alignment Movement, Relevance of Non- Aligned Movement in the Contemporary World, Role of India in the UNO in Protection of International Peace

MODULE 3 : India’s Relation with USA& Russia 9L

India’s Relations with the USA; India’s Relation with USSR/Russia

MODULE 4 : India-China Relations, India and South Asia 9L

India-China Relations; India and South Asia: SAARC, Look East Policy, Act East Policy

MODULE 5 : India and Contemporary World 9L

India as an emerging Global Power, Myth and Reality; India in the Contemporary World

REFERENCES

1 Bandyopadhyaya, J.(2006), ‘The making of India’s Foreign Policy’, New Delhi, Allied Publishers Pvt. Ltd

2 D. Scott (2011)(ed.), ‘Handbook of India’s International Relations’, London, Routeledge.

3 Appadorai, A. and M.S. Rajan(1988), ‘India’s Foreign Policy and Relations’, New Delhi, South Asian Publishers Pvt. Ltd.

1115

COURSE TITLE MODERN POLITICAL THOUGHT CREDITS 3

Course Code PSB1204 Course Category CF L-T-P-S 3:0:0:0

CIA 40% ESE 60%

LEARNING LEVEL

ASSESSMENT MODEL

TA

COURSE OUTCOMES PO

1. To provide the students with an understanding of the political ideas of Modern Indian Political Thinkers

2. The paper enables students to know the ancient, medieval and modern political thought in India.

3. It gives an understanding of the influence of our political leaders on the making of our constitution.

4. The paper enables the students to relate the political thought of these leaders and the functioning of the political system.

5. The topics included in the paper also enables students to take up the competitive examinations.

Prerequisites:

MODULE – 1: philosophical thought 9L

Rajaram Mohan Roy – Advocate of British Rule – Humanist – BrahmoSamaj - Education - Father of Indian Liberalism Syed Ahmed Khan: As a Nationalist - As a Communalist - Political and Social Ideas DadabhaiNaoroji - Political Ideas - Drain Theory - Economic and Moral Drain

MODULE – 2: Contemporary Political Thoughts 9L

BalGangadharTilak - Concept of Swarajya – Revivalism - As an Extremist - Home Rule League Gokhale – Spiritualization of Politics – Servants of India Society – Gokhale&Tilak - Economic Ideas

MODULE – 3: Gandhian Ideology 9L

Mahatma Gandhi - Moral Ideas - Non-Violence – Satyagraha - Economic Ideas Sri Aurobindo - Spiritual Nationalism –PoornaSwaraj - Passive Resistance - Views on World Government Mohammad Ali Jinnah - Muslim League - Communalist- Two Nations Theory – Gandhi & Jinnah

MODULE – 4: Social Thoughts 9L

V. D. Savarkar - Political Ideas- Social Ideas Jawaharlal Nehru- Democracy - Secularism- Economic Ideas – Socialistic Pattern of Economy – Mixed Economy B. R. Ambedkar – Social Revolutionary – Women’s Rights – Social Justice – Concept of Religion.

MODULE – 5: Humanism Thoughts 9L

M. N. Roy- Radical Humanism - New Humanism - Economic Ideas S. A. Dange - Opposition to Gandhism - Socialistic Ideas J. P. Narayan - Partyless Democracy - Restructuring Indian Polity - Total Revolution

TEXT BOOKS

1. BidyutChakrabarty&Rajendra Kumar Pandey, Modern Indian Political Thinkers, Sage Publishing House Pvt Ltd, New Delhi.

2. O. P. Gauba, Indian Political Thought, Mayur Paperback, New Delhi.

REFERENCE BOOKS

1. Himanshu Roy, Indian Political Thought, Person Education.

2. . V. P. Verma, Modern Indian Political Thought, LaxmiNarainAgarwal, New Delhi.

1116

Course Title FUNDAMENTALS OF INTELLECTUAL

PROPERTY RIGHTS Credits 3

Course Code Course

Category CF L-T-P-S

3-0-0-

0

CIA 50% ESE 50%

LEARNING

LEVEL BTL- 2: UNDERSTAND

ASSESSMEN

T MODEL TA3

COURSE OUTCOMES PO

CO-1: To introduce fundamental aspects of Intellectual Property Rights to students

who are going to play a major role in development and management of innovative

projects in industries.

PO-1

CO-2: To disseminate the knowledge of Copyright and related right and its

registration process to students PO-4

CO-3: To disseminate the knowledge on trademark and registration

PO-4

CO-4: To disseminate the knowledge on Patent law to students PO-4

CO-5: To disseminate the knowledge on Design, Geographical Indication , Plant

Variety, Layout design and their registration aspects PO-4

Module-1: Overview of IPR

Introduction and the need for intellectual property right (IPR) - Kinds of

Intellectual Property Rights: Patent, Copyright, Trade Mark, Design, Geographical

Indication, Plant Varieties and Layout Design – Genetic Resources and Traditional

Knowledge – Trade Secret - IPR in India : Genesis and development – IPR in abroad

- Major International Instruments concerning Intellectual Property Rights: Paris

Convention, 1883, the Berne Convention, 1886, the Universal Copyright

Convention, 1952, the WIPO Convention, 1967,the Patent Co-operation Treaty,

1970, the TRIPS Agreement, 1994

6L

MODULE – 2 : Copy Rights 6L

Nature of Copyright - Subject matter of copyright: original literary, dramatic, musical, artistic

works; cinematograph films and sound recordings - Registration Procedure, Term of protection,

Ownership of copyright, Assignment and licence of copyright - Infringement, Remedies &

Penalties – Related Rights - Distinction between related rights and copyrights

MODULE – 3: Trademark

Concept of Trademarks - Different kinds of marks (brand names, logos, signatures,

symbols, well known marks, certification marks and service marks) - Non Registrable

Trademarks - Registration of Trademarks - Rights of holder and assignment and

licensing of marks - Infringement, Remedies & Penalties - Trademarks registry and

appellate boards

6L

MODULE – 4: Patents

Patents - Elements of Patentability: Novelty, Non Obviousness (Inventive Steps),

Industrial Application - Non - Patentable Subject Matter - Registration Procedure,

Rights and Duties of Patentee, Assignment and licence, Restoration of lapsed Patents,

6L

1117

Surrender and Revocation of Patents, Infringement, Remedies & Penalties - Patent

office and Appellate Board

Module-5:Other forms of IP

Design: Meaning and Concept of novel and Origin-Procedure for the registration,

effect of registration and terms of protection. Geographical Indication- Meaning –

Difference between G.I. and trademark-Procedure for registration-effect of

registration and terms of protection.

TEXT BOOKS

1 Dr.V.L.Mony, Intellectual Property Rights, 2019

2 Dr.B.L.Wadehra, “Law Relating to Intellectual Property”, 2018

Legislations

1 Copy Right Act,1957.

2 Trade Mark Act,1999

3 Indian Patent Act,1970

4 Design Act,2000

5 Geographical Indications Act,1999

website

1 www.ipindia.nic.in

2 www.wipo.in

COURSE TITLE BANKING LAW

CREDITS 3

Course Code: Course Category CF L-T-P-S 3:0:0:0

MODULE – 1: Banking: A Historical Sketch

Evolution of Banking in India; historical aspects; Structure and functions

of banking institutions; the different types of banks;

MODULE – 2: Relation between Bank and Customer

Relation between Bank and Customer; Legal character of Banker –Customer

relationship; Rights and Obligations of banker; types of account; principles of

good lending;

1118

MODULE – 3: Reserve Bank of India

Reserve Bank of India: structure and Functions; Organizations structures of

RBI; Functions of RBI; Primary functions; secondary functions;

MODULE – 4: Control of Banks in India

Control of Banks in India; Role of banking system in the socio-economic

development of the country; social control of banks; nationalization of banks;

priority lending;

MODULE – 5: Emerging Dimensions in Banking System

Emerging Dimensions in Banking System: E-Commerce system; merits

and de-merits; E-Banking; merits and de-merits.


1. S. Gurusamy, Banking Theory, Law and Practice

2. Dr V. Leela, Indian Banking

3. M.L. Tannan, Tannan’s Banking Law and Practice in India (2008)

COURSE

TITLE PUBLIC ECONOMICS CREDITS 3


Category DSE L-T-P-S 3:0:0:0

CIA 40% ESE 60%

LEARNING

LEVEL BTL – 1,2,4

ASSESSMENT

MODEL

COURSE OUTCOMES PO

1. To understand basics of public finance, efficiency, and theories of public

sector

2. To study how there could be departures from efficiency in public economics

3. To study the role of political economy, equity, and distribution in public

economics

4. To understand the functioning of tax system and its principles, federalism,

and intertemporal issues

5. To study how public finance is administered in India, especially in a federal

system

1119

Prerequisites : Basic concept of Economics.

MODULE – 1: PUBLIC ECONOMICS, EFFICIENCY, AND GOVERNMENT 9L

Introduction to Public Economics – Methods – Analysing Policy – Economic Models –

Competitive Economies – Efficiency of Competition – Lump-Sum Taxation – Assumptions –

Public Sector Statistics – Theories of Public Sector – Justification for Public Sector – Public

Sector Growth: Development Models, Wagner’s Law, Baumol’s Law, Political Model, Ratchet

Effect – Excessive Government: Bureaucracy, Budget-Setting, Monopoly Power, Corruption,

Government Agency, Cost Diffusion

MODULE – 2: DEPARTURES FROM EFFICIENCY 9L

Public Goods – Private Provision – Mechanism Design – Fund-Raising – Club Goods and Local

Public Goods – Externalities with Examples – Market Inefficiency – Pigouvian Taxation –

Licenses – Internalisation – Coase Theorem – Nonconvexity – Imperfect Competition – Market

Structure – Welfare – Tax Incidence – Specific and Ad valorem Taxation – Regulation of

Monopoly – Regulation of Oligopoly – Unions and Taxation – Monopsony – Asymmetric

Information – Hidden Knowledge and Hidden Action – Market Unravelling – Screening –

Signalling – Moral Hazard – Public Provision of Health Care

MODULE – 3: POLITICAL ECONOMY, EQUITY AND DISTRIBUTION 9L

Voting – Stability – Impossibility – Majority Rule – Alternatives to Majority Rule – Paradox of

Voting – Alabama Paradox – Rent-Seeking – Rent-seeking Games – Social Cost of Monopoly

– Equilibrium Effects – Government Policy – Informative Lobbying – Controlling Rent-Seeking

– Equity and Distribution – Optimality and Comparability – Social Optimality – Lump-Sum

Taxes – Impossibility of Optimality – Non-Tax Redistribution – Aspects of Pareto Efficiency –

Social Welfare Functions – Arrow’s Theorem – Interpersonal Comparability – Comparability

and Social Welfare – Inequality and Poverty – Measuring Income – Equivalence Scales –

Inequality Measurement – Inequality and Welfare – Poverty – Poverty Line – Poverty Measures

MODULE – 4: TAXATION, FEDERALISM, AND ISSUES OF TIME 9L

Commodity Taxation – Deadweight Loss – Optimal Taxation – Production Effiiciency – Tax

Rules – Equity Considerations – Applications: Reform, Optimality – Efficient Taxation – Public

Sector Pricing – Income Taxation – Equity and Efficiency – Optimal Income Taxation – Laffer

Curve – Tax Evasion – Tax Compliance – Compliance and Social Interaction – Multiple

Jurisdictions – Fiscal Federalism – Fiscal Competition – Intertemporal Efficiency – Social

Security – Types of System – Pensions Crisis – Ricardian Equivalence – Social Security Reform

– Economic Growth – Exogenous Growth – Endogenous Growth – Policy Reform – Empirical

Evidence

MODULE – 5: PUBLIC ECONOMICS IN INDIA 9L

Constitutional Arrangements – Tax System: Structure and Reforms – Fiscal Responsibility and

Budget Management Act – Budget, Deficits, and Public Debt – Fiscal Federalism in India –

Role of Finance Commissions – Social Welfare Schemes – Objectives of Fiscal Policy in India

– Government Budget – Major sources of Government Revenue in India – Trends in

Government Revenue in India – Role of Fiscal Policy for Mobilisation of Resources for

Economic Growth – Goods and Services Tax – Banking Arrangements with the Reserve Bank

of India

TEXT BOOKS

1. Jean Hindriks and Gareth D. Myles, Intermediate Public Economics, Second Edition,

Prentice Hall, 2014.

1120

2. Richard Musgrave and Peggy Musgrave, Public Finance in Theory and Practice, Fifth

Edition, McGraw Hill, 2017.

REFERENCE BOOKS

1. Raghbendra Jha, Modern Theory of Public Finance, New Age International Publishers,

2019.

2. Raja J. Chelliah, Fiscal Policy in Underdeveloped Countries: With Special Reference

to India, Routledge, 2010.

3. Amaresh Bagchi (ed.), Readings in Public Finance, Oxford University Press, 2005.

4. Y.V. Reddy and G.R. Reddy, Indian Fiscal Federalism, Oxford University Press, 2019.

ONLINE RESOURCES

1. https://www.coursera.org/learn/public-economics


3. Government of India, Budget Documents and Economic Survey, Most recent two to

three years. Available online at https://www.indiabudget.gov.in/

COURSE

TITLE MONETARY ECONOMICS CREDITS 3



CIA 40% ESE 60%

LEARNING

LEVEL BTL – 1,2,4

ASSESSMENT

MODEL

COURSE OUTCOMES PO

1. To understand the interlinkages between money, prices, output, transactions,

and public finance

2. To understand money in the short run, and time inconsistency

3. To study Neo-Keynesian monetary economics and monetary policy in an

open economy

4. To study the role of financial markets, and different operating procedures

5. To study the functioning of monetary policy in India

Prerequisites : Economics, Macroeconomics

MODULE – 1: MONEY, PRICES, OUTPUT, TRANSACTIONS, PUBLIC FINANCE 9L

Introduction to Money – Some Basic Correlations – Estimating Effect of Money on Output –

Money-in-the-Utility Function – Welfare Cost of Inflation – Dynamics in an MIU Model –

Money and Transactions – Resource Costs of Transacting – CIA Models – Money and Public

Finance – Budget Accounting – Money and Fiscal Policy Frameworks – Deficits and Inflation

– Fiscal Theory of the Price Level – Optimal Taxation and Seigniorage – Friedman’s Rule

Revisited – Non-indexed Tax Systems

1121

MODULE – 2: MONEY IN THE SHORT RUN, AND TIME INCONSISTENCY 9L

Informational Frictions – Limited Participation and Liquidity Effects – Sticky Prices and Wages

– Nominal Rigidities – Intertemporal Nominal Adjustment – Imperfect Competition – Time-

Dependent and State-Dependent Pricing Models – Alternatives: Microeconomic Evidence, New

Keynesian Phillips Curve, Sticky Prices vs. Sticky Information – Discretionary Policy and Time

Inconsistency – Inflation under Discretionary Policy – Solutions to Inflation Bias: Reputation,

Preference, Contracts, Institutions, Targeting Rules

MODULE – 3: NEO-KEYNESIAN MONETARY ECONOMICS, OPEN ECONOMY 9L

Basic Model – Linearised New Keynesian Model – Monetary Policy Analysis in New

Keynesian Models – Money and the Open Economy – Obstfeld-Rogoff Two-Country Model –

Policy Coordination – Small Open Economy – Open-Economy Models with Optimising Agents

and Nominal Rigidities – Imperfect Pass-Through

MODULE – 4: FINANCIAL MARKETS AND OPERATING PROCEDURES 9L

Interest Rates and Monetary Policy – Term Structure of Interest Rates – Macrofinance –

Financial Frictions in Credit Markets: Adverse Selection, Moral Hazard, Monitoring Costs,

Agency Costs, Macroeconomic Implications – Does Credit Matter? – Bank Lending and Broad

Credit Channels – Monetary Policy Operating Procedures – From Instruments to Goals –

Instrument Choice Problem – Operating Procedures and Policy Measures – Operating

Procedures in the US and other countries

MODULE – 5: MONETARY AND FINANCIAL STABILITY IN INDIA 9L

History of Monetary Policy in India – Sukhamoy Chakravorty Committee Report on Monetary

System – Urjit Patel Committee – Alternatives to Inflation Targeting – Fiscal Policy – Financial

Regulatory and Supervisory Policy – Regulatory Coordination – Shadow Banking Sector –

Reinforcing Prudential Standards – Market Incentives for Prudent Behaviour – Reducing Cost

of Financial Failures – Macro-prudential Regulation – Narasimham Committee, HPEC, CFSR

and FSLRC Reports – Principles vs. Rules-Based Regulation – Regulatory and Supervisory

Independence

TEXT BOOKS

1. Carl E. Walsh, Monetary Theory and Policy, Third Edition, Prentice Hall India, 2016.

2. Dilip M. Nachane, Critique of the New Consensus Macroeconomics and Implications

for India, Springer 2018. (Chapters 15 and 16)

3. Partho Ray, Monetary Policy, Oxford University Press, 2013.

REFERENCE BOOKS

1. Niall Fergusson, The Ascent of Money: A Financial History of the World, Penguin,

2018.

2. Ben S. Bernanke, Timothy F. Geithner, and Henry M. Paulson, Jr., Firefighting: The

Financial Crisis and its Lessons, Profile Books, 2019.

3. Chetan Ghate and Kenneth M. Kletzer, Monetary Policy in India: A Modern

Macroeconomic Perspective, Springer, 2016.

ONLINE RESOURCES

1. https://www.coursera.org/learn/monetary-policy-asia-pacific?

1122

COURSE TITLE HUMAN RIGHTS CREDITS 3

Course Code PSB1216 Course Category

DSE L-T-P-S 3:0:0:0

CIA 40% ESE 60%

LEARNING LEVEL ASSESSMENT MODEL TA

COURSE OUTCOMES PO

1. The paper enables students to know the ancient, medieval and modern political thought in India.

2. It gives an understanding of the influence of our political leaders on the making of our constitution.

3. The paper enables the students to relate the political thought of these leaders and the functioning of the political system.

4. The topics included in the paper also enables students to take up the competitive examinations.

Prerequisites:

MODULE – 1: Conceptual Theories in Human Rights 9L

Basic Concept - Meaning, Nature and Scope of Human Rights- Human Rights Vs Civil and Political Rights - Theories of Human Rights: Classical; Liberal, Marxian: Critical Theory, Gandhian, and Feminist Perspective - Critics of Human Rights

MODULE – 2:Origins and Evolution 9L

The contribution of Magna Carta, American Bill of Rights, the French Revolution, Anti-colonial Movements, Declaration vs Covenants and Conventions ,International Human Rights Conventions-Debate and Emphasis on Social, Economic and Cultural Rights of Man (East vs West; Developing Countries vs Developed Countries) - UN Charter, Universal Declaration of Human Rights (1948 ) - Constitutional Enshrinement of the Human Rights of Citizens in the Western Countries and Entailing Duties

MODULE – 3: Human Rights in India and State’s Responsibility to Protect 9L

Development of Human Rights in India - Constitutional Provisions in India (Fundamental Rights, Directive Principles of State Policy and) - Protection of Human Rights Act,1993. -National Human Rights Commission; State Human Rights Commission -Judicial Intervention – Judicial Activism – Judicial Commissions

MODULE – 4: Violations of Human Rights 9L

Structural Violence and Direct Violence - Arbitrary Arrests and Killings - Rape; Genocide; Torture; Extra-judicial Killings; Disappearances - Ethnic Conflict -Mixed Migration

MODULE – 5:Contemporary Issues in Human Rights 9L

Committee on the Rights of the Child - Committee on the Elimination of Discrimination against Women - Refugee Rights and International Humanitarian Law – International Labour Law : Bonded Labour - United Nations Minorities Declaration

TEXT BOOKS

1. Jack Donnelly, Universal human rights in theory and practice. Ithaca: Cornell, University Press, 2013

2. Thomas Fleiner, What are Human Rights? New South Wales: Federation Press, 1999.

REFERENCE BOOKS

1. Mischeline R Ishay, ‘The History of Human Rights: From Ancient Times to the

1123

COURSE TITLE GANDHI AND CONTEMPORARY WORLD CREDITS 3

Course Code PSC1353 Course Category

DSE L-T-P-S 3:0:0:0

CIA 40% ESE 60%

LEARNING LEVEL ASSESSMENT MODEL

TA

COURSE OUTCOMES PO

1. Understand the concept of ethics of development

2. Understand the concept of Gandhian Thought

3. Understand the concept of Gandhi’s legacy

4. Understand the concept of various movements

5. Understand the concept of women movement

Prerequisites:

MODULE – 1: Gandhi on Modern Civilization and Ethics of Development 9L

Conception of Modern Civilisation and Alternative Modernity - Critique of Development: Narmada Bachao Andolan

MODULE – 2: Gandhian Thought: Theory and Action 9L

Theory of Satyagraha - Satyagraha in Action - Peasant Satyagraha: Kheda and the Idea of Trusteeship - Temple Entry and Critique of Caste - Social Harmony: 1947and Communal Unity

MODULE – 3: Gandhi’s Legacy 9L

Tolerance: Anti - Racism Movements (Anti - Apartheid and Martin Luther King) - The Pacifist Movement - Women’s Movements - Gandhigiri: Perceptions in Popular Culture

MODULE – 4: Gandhi and the Idea of Political 9L

Swaraj - Swadeshi

MODULE – 5: Gandhi and Women movements 9L

Women’s Movements - Gandhigiri: Perceptions in Popular Culture

TEXT BOOKS

1. B. Parekh, (1997) ‘The Critique of Modernity’, in Gandhi: A Brief Insight, Delhi: Sterling Publishing Company

2. K. Ishii, (2001) ‘The Socio-economic Thoughts of Mahatma Gandhi: As an Origin of Alternative Development’, Review of Social Economy.

REFERENCE BOOKS

1. J. Brown, (2000) ‘Gandhi and Human Rights: In search of True humanity’, in A. Parel (ed) Gandhi, Freedom and Self-Rule, New Delhi: Lexington Books

1124

Course Title AVIATION LAW Credits 3

Course Code Course

Category

DSE

L-T-P-S 3-0-0-0

CIA 40% ESE 60%

LEARNING


ASSESSMENT

MODEL TA3

COURSE OUTCOMES PO

CO-1: It enables the students that how the air law is developed periodically in the

world and the impact of Paris convention, Chicago Convention etc. PO-1

CO-2: it enables the students to learn the current legislations passed by the

Parliament in this regard PO-4

CO-3 :It enables the students to learn about the Civil Aviation Requirements

(CAR) PO-4

CO-4: It enables students to learn about the organization of Civil Aviation

Departments in India and its functions PO-4

CO-5: It enables the students to learn about some important provisions of the Air

corporation Act, 1934 and Air Rules,1937 PO-4

Pre-requisites:

MODULE – 1: International convention on Air law

Introduction - Paris Convention on Air Navigation 1919 – Chicago Convention,1944-

The International Air Services Transit Agreement,1944-International Air Transport

Agreement,1944-The Warsaw Convention1920- Geneva Convention,1948-The

Rome Convention,1952- The Tokyo Convention,1963.

6L

MODULE – 2 : CURRENT AIR LAWS IN INDIA 6L

The Air corporations Act, 1953 (27 of 1953) -The Air Corporations (Transfer of Undertakings

and Repeal) Ordinance, 1994(4 of 1994) -The Air Corporations (Transfer of Undertakings and

Repeal) Act, 1994 (13 of 1994) -The International Airports Authority of India act, 1971 (43 of

1971) -The National Airports Authority of India, 1985 (64 of 1985) - The Airports Authority of

India Act 1994 (55 of 1994) -The Carriage by Air Act, 1972 (69 of 1972) -The Tokyo

Convention Act, 1975 (20 of 1975) - The Anti-hijacking Act, 1982 (65 of 1975)-The

Suppression of unlawful Acts Against safety of civil aviation Acts , 1982

MODULE – 3: Civil Aviation Requirements(CAR)

Section 1-General- Section 2-Airworthiness - Section 3-Air Transport - Section 4-

Aerodrome standards and Air Traffic Services -Section 5-Air Safety - Section 6-

Design standards and type certification- Section7-Flight crew standards, training and

licensing - Section 8-Aircraft operations

6L

MODULE – 4: CIVIL AVIATION REGULATIONS AUTHORITY

DGCA-Introduction to Directorate General of Civil Aviation- DGCA functions-

DGCA Organization-DGCA as Regulatory Authority 6L

MODULE – 5 :Air Craft Rules

Aircraft Act 1934 -The Aircraft Rules 1937 6L

TEXT BOOKS

1 Raymond C Speciale. “Fundamentals of Aviation Law”, Mc Graw Hill 2016

2 Ronald, “International Aviation Law: A Practical Guide”, Routledge 2012.

1125

Course Title MEDIA LAW Credits 3

Course Code Course

Category

DE-

DEPARTMENTAL

ELECTIVE /

L-T-P-S

3

-

0

-

0

-

0

CIA 40% ESE

6

0

%

LEARNING


ASSESSMEN

T MODEL

T

A

3

COURSE OUTCOMES P

O

Pre-requisites:

Module 1- MASS MEDIA

Types of Media- Press, Films, Radio and Television- Ownership Pattern- Press- Private, Public, Films. Private Ownership patterns, Radio& Television, Public- Difference between Visual and Non

6

L

REFERENCE BOOKS

1 Michael W Pearson. “Foundations of Aviation Law”, Routledge publishers, 2015.

2 Paul B. Larsen, “Aviation Law: Cases, Laws and Related Sources, 2012.

3 Aircraft Manual CAR Sec. II

E-BOOKS

1 https://news.eduboks.site/?book=0071458670

2 https://www.britannica.com/topic/air-law

MOOC

1 http://www.enhelion.com/courses-info/60/certificate-aviation-law

2 https://www.coursesites.com/webapps/Bb-sites-course-creation-

BBLEARN/courseHomepage.htmlx?course_id=_386249_1

ONLINE RESOURCES

1. https://targetstudy.com/courses/mba-aviation-management.html

2. https://www.durhamtech.edu/academics/coursedescriptions/courseoutlines/MKT220.pd

f

http://www.enhelion.com/courses-info/60/certificate-aviation-law

https://www.coursesites.com/webapps/Bb-sites-course-creation-BBLEARN/courseHomepage.htmlx?course_id=_386249_1

https://www.coursesites.com/webapps/Bb-sites-course-creation-BBLEARN/courseHomepage.htmlx?course_id=_386249_1

1126

Visual Media. Press- Freedom of speech and expression- Article 19 of Constitution- Laws of

defamation- obscenity-blasphemy and sedition. Law Relating to employees, wages and service conditions- Price and page schedule regulations- News Print Control Order- Advertisements,

freedom speech and Monopolies relating to the same.

MODULE – 2 :FILMS 6L

Freedom of speech and expression in Films- Censorship- Constitutionality. The Abbas Case, Bandit queen case, Jolly LLB case, Innocence of Muslims case, Dam 999 case- Difference between films and

papers- press. Censorship under cinematography Act

MODULE – 3: RADIO AND TELEVISION

Monopoly of Government over Radio and Television- Effect of television on people- Report of the

Chanda Committee, Varghese Committee, Government Policy on Television and Radio-

Commercial advertisements, Internal Scrutiny of Serials, Judicial review of Doordharsan- Freedom of telecast.

6

L

MODULE – 4: Constitutional Restrictions and Radio and Television

Subject to law of defamation and obscenity – Power to legislate- Article 246 read with 7th

Schedule- Power to impose Tax- licensing and licensing fees 6

L

MODULE – 5 : Media and Human Rights

Media and information, Communication technology, Media and RTI , Media and violation of

Human rights – Media and Right to Privacy 6

L

TEXT BOOKS

1 Constitutional Law- HM Sheervai , 1991

2 Constitutional Law- MP Jain, 2000

REFERENCE BOOKS

1 Media Law Meyneni- 2009

SEMESTER – VI

COURSE

TITLE AGRICULTURAL ECONOMICS CREDITS 3



CIA 40% ESE 60%

LEARNING

LEVEL BTL – 1,2,4

ASSESSMENT

MODEL

COURSE OUTCOMES PO

1. To understand the role of agriculture in development and specifically in India

2. To understand the role of agriculture in Indian economy

3. To study the role and importance of agriculture marketing

4. To study the process of transformation of agriculture and price determination

1127

5. To understand the role of labour and international trade in agriculture



Agricultural Economics: Concept, Nature, Scope, Types, and Significance – Relationship with

other Disciplines – Industrial Development and Agriculture – The Physiocrats – Limits on Growth

– Quantity of Labour – Provision of Industrial Raw Material – Market, Product and Factor

Contributions: Labour and Capital – Agricultural Fundamentalism – Declining Importance of

Agriculture – Role of Agriculture in India – Share of Agriculture in National Income – Supplier of

Substantial Food and Fodder – Agriculture as a Source of Livelihood – Agriculture and Provision of

Employment – Agricultural and Industrial Development – Agriculture and International Trade

MODULE – 2: ROLE OF AGRICULTURE IN INDIAN ECONOMY 15L

Role of Land in Agriculture – Food and Fibre Production – Pastures and Grazing Lands – Role of

Forests – Land as Factor of Production – Non-agricultural Uses of Land – Peculiarities of Land –

Law of Diminishing Returns – Limited Supply of Land – Heterogeneity of Land Quality –

Possibilities of Expanding Land Area – Modern Indian Agriculture: Land Use, Harvesting, Water

and Soil Conservation, Machinery and Implements, Protection of Plants, Animal Husbandry,

Census of Agriculture, Recent Trends and Developments – Indian Agricultural Policy: Reforms,

Fiscal Adjustment, Structural Adjustment, Globalisation and Agriculture, Multinational Companies

– Derivative trading in Agricultural Commodities

MODULE – 3: AGRICULTURE MARKETING 12L

Agricultural Marketing: Definition, Significance, Special Problems, Functions – Assembling,

Processing, Dispersion, Secondary Services, Standardisation and Grading, Packaging,

Transportation, Storage, Financing, Risk Bearing, Selling – Marketing Margin – Market Structure:

Local Assembling and Processing Markets, District Concentration and Processing Markets, Central

Markets, Seaboard Markets, Wholesale Distribution Markets, Retail Markets, Online Markets –

Cooperative Marketing Societies: Advantages, Progress – Agricultural Marketing in India – Existing

System of Agricultural Marketing – Defects in Agricultural Marketing – Government Measures for

Agricultural Marketing – Three Categories

MODULE – 4: TRANSFORMING AGRICULTURE, AND PRICE DETERMINATION 3L

The Problem – Old Doctrines – Unsettled Questions – Attributes of Traditional Agriculture – Allocative

Efficiency – Zero Marginal Productivity – High Returns to Low Capital – Development of Traditional

Agriculture – Farmers as Demanders of New Factors – Price Determination under Perfect Competition –

Exceptions in Agriculture – Cob-web Model – Price Determination under Imperfect Competition - Most Profitable Price – Price Support – Long-term Considerations – Agricultural Prices in India – Agricultural Price

Policy: Objectives and Evaluation – Agricultural Prices and Terms of Trade

MODULE – 5: LABOUR AND FOREIGN TRADE 3L

Role of Labour in Agriculture – Supply of Labour – Theories of Population Growth – Labour Force: Demand, Efficiency, Size, and Quality – Level of Technology – Agricultural Wages – Export Competitiveness – Foreign

Trade in Indian Agriculture – Export Performance – Future Strategy – Indian Agriculture and WTO

TEXT BOOKS

1. Pranav K. Desai, Agricultural Economics, Biotech Books, 2010.

2. S. Subba Reddy, P. Raghu Ram, T.V. Neelakanta Sastry, and I. Bhavani Devi, Agricultural

Economics, Second Edition, Oxford University Press, 2008.

3. R. Prabina, Commodity Derivatives and Risk Management, Prentice Hall India, 2014.

4. Indian Institute of Banking and Finance, Commodity Derivatives, 2007.

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REFERENCE BOOKS

1. C.B. Mamoria and B.B. Tripathi, Agricultural Problems of India, Kitab Mahal, 2013.

ONLINE RESOURCES

1. https://swayam.gov.in/nd1_noc20_hs02/preview

COURSE TITLE POLITICAL SOCIOLOGY CREDITS 3

Course Code PSB1361 Course


CIA 40% ESE 60%


MODEL TA

COURSE OUTCOMES PO

1. Imparting knowledge on western and oriental political ideology

1

2. Developing skill in the understanding of distribution of power

2

3. Enabling students to have knowledge on political culture and socialization

2

4. Developing ideas about political participation in the wider context of the society

4

5. Understanding the importance of pressure groups 4

Prerequisites :


State: Characteristics, Aristotle’s classification of types of state: Theological, Monarchical, Aristocratic, Democratic and Totalitarian forms.

MODULE – 2: Influence and the Distribution of Power 9L

Meaning and types of influence, characteristics of Power, distribution of power: the Constant sum and the Variable sum approach to power, Distribution of power: Marxian, Weberian, Elite and Pluralist.

MODULE – 3: Political Culture and Political Socialization 9L

Meaning and dimensions of political culture, meaning and types of political socialization agencies of political socialization and their role.

MODULE – 4: Political Participation 9L

Meaning and types of political participation, political apathy – reasons for political apathy, Determinants of political participation – psychological, social and political.

MODULE – 5: Political Parties and Pressure groups 9L

Political parties – features and functions, structures of political parties; meaning of pressure groups and their relationship with political parties, types of pressure groups and their role.

https://swayam/

1129

TEXT BOOKS

1. Ashaf, Ali and Sharma B.N. 2001.Political Sociology, University Press, Hyderabad . Bhattacharya, D.C. Political Sociology

2. Mouffe, Chantal. 2000. ‘Hegemony and New Political Subjects: Toward a New Concept of Democracy’, in K. Nash (ed.) Readings in Contemporary Political Sociology. Oxford: Blackwell Publishers. (Pages 295-310)

REFERENCE BOOKS

1. Vincent, Joan. 2002. The Anthropology of Politics: a reader in ethnography, theory, and critique, Blackwell: Oxford. (Pages 15-26)

2. Fuller, C.J. and V. Benei (eds.). 2000. The Everyday State and Society in Modern India. Social Science Press. (Pages 1-30)

COURSE

TITLE LAW OF INSURANCE CREDITS 3



CIA 40% ESE 60%

LEARNING

LEVEL BTL – 1,2,4

ASSESSMENT

MODEL

COURSE OUTCOMES PO

1.

The objective of this course is to make students understand the concept of Insurance

as it is a wide spread business and the syllabus covers the various aspects of IRDA,

Life Insurance, premium, risk, Marine Insurance, Fire Insurance etc.

2.

3.

4.

Prerequisites : UNIT – I: NATURE OF INSURANCE

Contract of Insurance- definition, nature and meaning, General principles of Insurance, Insurable Interest

and Premium- definition, Mode of payment, forfeiture, return of premium, classifications of contract of

insurance, duration of insurable interest and days of grace. Insurance Business –Control by State

Agencies, Life Insurance Corporation Act – 1956, Functions and Powers of Corporation, Control

Envisaged by the Central Agency, General Insurance Corporation, Powers and Functions.

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UNIT – II: RISK

Meaning, scope, elements, alteration of risk, Insurance Policy –classification, commencement, duration

of the policy, terms and conditions, effect of breach of conditions ,lapse and revival of the policy,

Assignment and Nomination of Policy, Double Insurance, Re-insurance, Assurance, Insurance

Regulatory and development Authority.

UNIT – III: LIFE INSURANCE

Definition, nature and scope, kinds of Life Insurance, non-disclosure and misrepresentation, Doctrine of

Utmost good faith, circumstances affecting the risk, Amount recoverable under life insurance policy,

Automatic extension clause, persons entitled to payment, Assignment and Nomination, settlement of

claim and payment of money.

UNIT – IV: FIRE INSURANCE AND MARINE INSURANCE

Definition, nature and scope of fire insurance, Amount recoverable under fire insurance, doctrine of

reinstatement, doctrine of subrogation, Doctrine of contribution. Nature and scope of Marine insurance,

classification of Marine Policies, voyage- Deviation Perils of the sea, proximate cause, measure of

Indemnity, warranties in marine insurance, loss and kinds of losses.

UNIT – V: MOTOR AND ACCIDENT INSURANCE – Scope and nature, legal parameters,

tribunals, Other types of Insurance- burglary and theft Insurance, fidelity Insurance, Public Liability

Insurance, Plate-Glass Insurance, Goods in transit Insurance, Insurance covering the risk of storm and

tempest.

Recommended Text books:

M.N. Srinivasan Principles of Insurance Law

NareshMahipal Insurance Law

Avatar Singh Insurance Law

Robert Merkin Colin Vaux’s Law of Insurance

1131

COURSE

TITLE

BEHAVIOURAL ECONOMICS CREDITS 3


Category

DSE L-T-P-S 3:0:0:0

CIA 40% ESE 60%

LEARNING

LEVEL

BTL – 1,2,3,4 ASSESSMENT

MODEL

COURSE OUTCOMES PO

1. Understand the basics of behavioural economics

2. Analyse other-regarding preferences and behavioural time discounting

3. Understand behavioural game theory and behavioural models of learning

4. Understand emotions and bounded rationality

5. Appreciate behavioural welfare and neuroeconomics


MODULE – 1: BEHAVIOURAL ECONOMICS OF RISK, UNCERTAINTY, AND

AMBIGUITY 9L

Antecedents of Behavioural Economics – Methodology in Economics – Experimental Method

in Economics – Five Theoretical Approaches in Behavioural Economics – Evidence on Human

Choice under Risk and Uncertainty – Behavioural Models of Decision Making – Rank

Dependent Utility Theory – Prospect Theory – Applications of Behavioural Decision Theory –

Human Behaviour Under Ambiguity – Neoclassical and Behavioural Models of Ambiguity

MODULE – 2: OTHER-REGARDING PREFERENCES AND BEHAVIOURAL TIME

DISCOUNTING 9L

Evidence on Human Sociality – Ultimatum and Dictator Games – Gift Exchange and Trust

Games – Public Goods Games – Models of Other-Regarding Preferences – Human Morality

and Social Identity – Incentives and Other-Regarding Preferences: Moral Hazard, Incomplete

Contracts, Reciprocity, Intrinsic, and Extrinsic Motivations – Behavioural Time Discounting –

Evidence on Temporal Human Choice – Behavioural Models of Time Discounting –

Applications of Present-Biased Preferences: Two Frameworks; Optimal Consumption under

Hyperbolic Discounting; Endogenous Retirement Decisions; Procrastination and

Preproperation; Interdependence, Multiple Activities and Competition; Optimal Sin Taxes;

Investment and Leisure Goods; Other Applications of Hyperbolic Discounting

MODULE – 3: BEHAVIOURAL GAME THEORY AND BEHAVIOURAL MODELS

OF LEARNING 9L

Evidence on Strategic Human Choice: Mixed Strategy Nash Equilibria; Coordination Games;

Bargaining Games; Asymmetric Information, Signalling, and Cheap Talk; Public Signals and

Coordinated Equilibria; Strategic Complements and Strategic Substitutes; Competitive

Equilibrium Experiments – Models of Behavioural Game Theory – Evolutionary Game Theory

– Models of Learning: Reinforcement Learning; Belief-based Models; Experience Weighted

Attraction Model of Learning; Learning Direction Theories; Rule-based Learning; Multiple

Games, Complexity, and Categorisation; Rational Learning – Stochastic Social Dynamics

MODULE – 4: EMOTIONS AND BOUNDED RATIONALITY 9L

Emotions and Human Behaviour – Visceral Influences and Rationality of Emotions – Cue-

conditioned Behaviour and Habit Formation – Anticipation and Delay under Certainty – Fear

and Anxiety under Uncertainty – Temptation Preferences – Happiness Economics – Emotions

1132

and Cognition – Judgement Heuristics – Mental Accounting – Bounded Rationality in Financial

Markets – Efficient Markets Hypothesis – Noise Trader Risk – Limits to Arbitrage – Gradual

Flow of Information – Stock Market Underreaction and Overreaction – Behavioural Corporate

Finance

MODULE – 5: BEHAVIOURAL WELFARE AND NEUROECONOMICS 9L

Soft Paternalism – Regulation under Imperfect Self-Information – Choice and Non-Choice

Data – Choice-Based Behavioural Welfare Economics – Revealed Preference under Limited

Attention – Contractarian Approach – Behavioural Public Finance and Welfare –

Neuroeconomics – Introduction to the Brain – Neuroeconomic Techniques – Neuroeconomics

of Risky Decisions, Social Preferences, Time Preferences, Strategic Interaction –

Pharmacoeconomics

TEXT BOOKS

1. Sanjit Dhami, The Foundations of Behavioural Economic Analysis, Oxford University

Press, 2016.

3. Michelle Baddeley, Behavioural Economics: A Very Short Introduction, Oxford,

2017.

REFERENCE BOOKS

1. Richard H. Thaler and Cass Sunstein, Nudge: Improving Decisions about Health,

Wealth, and Happiness, Penguin, 2009.

2. Richard H. Thaler, Misbehaving: The Making of Behavioural Economics, Penguin,

2016.

3. Daniel Kahneman, Thinking, Fast and Slow, Penguin, 2011.

4. Dan Ariely, Predictably Irrational: The Hidden Forces that Shape our Decisions,

Harper Collins, 2010.

5. Sanjit Dhami, The Foundations of Behavioural Economic Analysis: Volume I:

Behavioural Economics of Risk, Uncertainty, and Ambiguity, Oxford University

Press, 2019.

COURSE

TITLE ENVIRONMENTAL ECONOMICS CREDITS 3



CIA 40% ESE 60%

LEARNING

LEVEL BTL – 1,2,3,4

ASSESSMENT

MODEL

COURSE OUTCOMES PO

1. To understand the role of environmental economics and how to model

solutions to environmental problems

2. To study the role of environmental economics in ensuring air quality

3. To study the role of environmental economics in ensuring water quality

1133

4. To study the role of environmental economics in managing hazardous solid

wastes and toxic substances

5. To study the role of environmental economics in managing global

environment

Prerequisites: Basic concepts of Economics, Statistics


Role of Environmental Economics – Theoretical Foundations - Modelling Environmental

Problems – Role of Economics in Environment Management – Modelling Market Process:

Review of Basics – Modelling Market Failure – Modelling Solutions to Environmental

Problems – Conventional Solutions: Command-and-Control Approach – Economic Solutions:

Market Approach – Analytical Tools – Environmental Risk Analysis – Assessing Benefits –

Assessing Costs – Benefit-Cost Analysis in Environmental Decision Making

MODULE – 2: THE CASE OF AIR 3L

Defining Air Quality: Standard-Setting Process – Improving Air Quality: Controlling Mobile

and Stationary Sources – Global Air Quality: Policies for Ozone Depletion and Climate Change

MODULE – 3: THE CASE OF WATER 3L

Defining Water Quality: Standard Setting Process – Improving Water Quality: Controlling Point

and Nonpoint Sources – Protecting Safe Drinking Water

MODULE – 4: SOLID WASTES AND TOXIC SUBSTANCES 3L

Managing Hazardous Solid Waste and Waste Sites – Managing Municipal Solid Waste –

Controlling Pesticides and Toxic Chemicals

MODULE – 5: GLOBAL ENVIRONMENT MANAGEMENT 12L

Population Growth, Resource Use, and Environment – Gender Issues – Sustainable

Development: International Environmental Agreements and International Trade – Energy

Consumption, Economic Growth and Welfare – Sustainable Approaches: Industrial Ecology

and Pollution Prevention

TEXT BOOKS

1. Scott J. Callan and Janet M. Thomas, Environmental Economics and Management:

Theory, Policy, and Applications, Sixth Edition, Cengage Learning, 2012.

2. John Asafu-Adjaye, Environmental Economics for Non-Economists, World Scientific,

2000.

3. Charles D. Kolstad, Intermediate Environmental Economics, Second Edition, Oxford

University Press, 2012.

REFERENCE BOOKS

1. Peter Berck and Gloria Helfand, The Economics of the Environment, Pearson, 2015.

2. R.N. Bhattacharya, Environmental Economics: An Indian Perspective, Oxford

University Press, 2002.

ONLINE RESOURCES

1. https://swayam.gov.in/nd1_noc20_hs02/preview

1134

COURSE TITLE CITIZENSHIP IN A GLOBALIZING

WORLD CREDITS 3

Course Code PSB1363 Course


CIA 40% ESE 60%


MODEL TA

COURSE OUTCOMES PO

1. Imparting knowledge on western and oriental political ideology 1

2. Developing skill in the understanding of distribution of power 2

3. Enabling students to have knowledge on political culture and socialization 2

4. Developing ideas about political participation in the wider context of the society

4

5. Understanding the importance of pressure groups 4

Prerequisites :


The nature, scope of citizenship

MODULE – 2: 9L

Classical conceptions of citizenship

MODULE – 3: 9L

The Evolution of Citizenship and the Modern State

MODULE – 4: 9L

Citizenship and Diversity

MODULE – 5: Citizenship beyond the Nation-state: 9L

Globalization and global justice; The idea of cosmopolitan citizenship TEXT BOOKS

1. Acharya, Ashok. (2012) Citizenship in a Globalising World. New Delhi: Pearson.

2. Lion, Konig ( 2016), Cultural Citizenship in India : Politics, Power, and Media (London: Oxford University Press)

REFERENCE BOOKS

1. Scholte, Jan Aart (2000), Globalization: A Critical Introduction (New York: St. Martin's).

2.

Kymlicka, Will (1999), “Citizenship in an Era of Globalization: A Response to Held,” in Ian Shapiro and Casiano Hacker-Cordon (eds.), Democracy's Edges (Cambridge, UK: Cambridge University Press).

1135

COURSE TITLE MODERN POLITICAL PHILOSOPHY CREDITS 3

Course Code PSB1219 Course Category DSE L-T-P-S 3:0:0:0

CIA 40% ESE 60%


COURSE OUTCOMES PO

1. To introduce the fundamentals of modern governments to the students

2. To provide the opportunity to understand the theoretical undercurrents of the contemporary governance patterns

3. To systematically analysed to give an overview of political behaviour.

4. To understand role of political parties and pressure groups in the modern political systems

5. To understand Philosophy and politics are closely intertwined.

Prerequisites:

MODULE – 1: Introduction

This section will introduce students to the idea of modernity and the discourses around modernity. Two essential readings have been prescribed.

MODULE – 2: Jean Jacques Rousseau

Jean Jacques Rousseau: Presentation themes: General Will; local or direct democracy; self-government; origin of inequality.

MODULE – 3: Mary Wollstonecraft

Mary Wollstonecraft: Presentation themes: Women and paternalism; critique of Rousseau’s idea of education; legal rights

MODULE – 4: Liberal socialist

Liberal socialist: John Stuart Mill Presentation themes: Liberty, suffrage and subjection of women, right of minorities; utility principle.

MODULE – 5: Karl Marx

Karl Marx Presentation themes: Alienation; difference with other kinds of materialism; class struggle; Alexandra Kollontai Presentation themes: Winged and wingless Eros; proletarian woman; socializationof housework; disagreement with Lenin

TEXT BOOKS

1. S. Hall (1992) ‘Introduction’, in Formations of Modernity UK: Polity Press pages 1-16

2. B. Nelson, (2008) Western Political Thought. New York: Pearson Longman, pp. 221-255.

REFERENCE BOOKS

1. M. Keens-Soper, (2003) ‘Jean Jacques Rousseau: The Social Contract’, in M. Forsyth and M.Keens-Soper, (eds) A Guide to the Political Classics: Plato to Rousseau. New York: Oxford University Press

2. L. Wilde, (2003) ‘Early Marx’, in D. Boucher and P. Kelly, P. (eds) Political Thinkers: From Socrates to the Present. New York: Oxford University Press

1136

COURSE TITLE LAW OF HUMAN RIGHTS CREDITS 3

Course Code Course Category DSE L-T-P-S 3:0:0:0

CIA 40% ESE 60%


COURSE OUTCOMES PO

To impart the basic ideas about human rights at undergraduate graduation

level.

This paper provides different aspects of Hunan rights which includes

children and women.

Students can learn not only their basic rights bus also can understand the

duties to be carried out in the days to come.

Prerequisites:

Unit 1: Introduction to Human Rights : Human Rights : Meaning — Definitions — Origin

and Growth of human rights in the world — Need and types of Human Rights — UNHRC

(United Nations Human Rights Commission) — Human Rights in India.

Unit 2: Classification of Human Rights : Right to liberty — Right to Life — Right to

Equality — Right to dignity — Right against Exploitation Educational Rights — Cultural

Rights — Educational Rights - Economic Rights — Political Rights — Social Rights

Unit 3: Rights of Women and Children : Rights of Women — Female feticide and Infanticide

and selective abortion Physical assault and sexual harassment — Domestic Violence —

Violence at work place — Remedial Measures Rights of Children — Protection rights. survival

rights — Participation rights — Development rights — Role of UN on convention on rights of

children

Unit 4: Multi-Dimensional aspects of Human rights : Labour rights- Bodend labour- Child

labour — Contract labour — Migrant Labour — Domestic Women labour Gender Equity —

Rights of Ethnic refugees- Problems and remedies — Role of trade LilliOn in protecting the

unorganized labourers

Unit 5: Grievance and Redressal Mechanism : Redressal mechanisms at national and

international levels — Structure and functions of National and State Human Rights

Comtnission- constitutional remedies and directive principles of state policy.

References

1. Baradat Sergio and Swaronjali Ghosh. Teaching of human rights: Dominant

2. Roy A.N. Human Rights Achievelnents and challenges : Vista international Publishing

house, Delhi, 2005.

3.Asish Kumar das and Prasant Kumar Mohanty. Human Rights in India: Sarup and

Sons. New Delhi. 2007.

3. Bani Borgohain. Human Rights Social Justice and Political Challenge. Kaniska

Publishers and distributors New Delhi, 2007.

1137

4. Velan, G. Human Rights and Development Issues: The associated publishers, Ambala

cantt. 2008

5. Meena, P.K Human Rights theory and practice: Murali Lal and sons, New Delhi, 2008.

6. Bhavani Prasad Panda. Human rights Development and environmental law: Academic

excellence, Delhi, 2007.

7. Vishwanathan. V .N Human Rights — Twenty First Century Challenges: Kalpaz

Publications, New

Delhi, 2008.

8. Ansari, M.R. Protecting Human Rights: Max Ford Books, Delhi, 2006.

9. Rao, M.S.A. Social Movements in India — Social Movements and Social

Transtòrmation in India vok.l & 2: Manohar Publications, New Delhi. 1978.

COURSE TITLE POLLUTION CONTROLE CREDITS 3

Course Code Course Category DSE L-T-P-S 3:0:0:0

CIA 40% ESE 60%


COURSE OUTCOMES PO

Module 1. SUSTAINABILITY: Industrial activity and environment, industrialization and sustainable

development indicators of sustainability- sustainability strategies. Barriers to sustainability, pollution

control in achieving sustainability.

Module 2. Solid Pollution and Control : Introduction to waste, types, sources- Equipment used for

solid waste separation- Processing and recovery from waste- removal of pollutants from flue gases –

final disposal- land filing.

Module 3- Water Pollution and Control : Definition of liquid waste, sources – Municipal waste water,

types- Sewage systems, treatment, primary treatment, secondary statement, tertiary treatment- Industrial

Waste Water Environmental aspect- Special Waste Water (Toxic & Nuclear Power Plant). Brief outline

of effluent treatment plant.

Module 4- Air Pollutants, sources, types- Smog formation- primary pollutants, secondary pollutants-

Sources, health effects and environmental effects – control of air pollution- Indian and International

Standards, control strategies- Control equipments

1138

Module 5- Environmental Regulations Environmental policies to control pollution, Regulatory

mechanism and assessment, Air quality standards, water pollution and abatement measures, Regulatory

mechanism for solid waste management , schemes/programs- International agreements, bilateral

cooperation- Environment friendly chemical processes, Regulations for clean environment and

implication for industries

Text Books

1. Bishop P “ Pollution Prevention: Fundamentals and Practice” Mc Graw Hill Co,

Singapore.2000

2. Freeman HM, “ Industrial Pollution Hand Book” Mc Graw Hill, 1995

3. James G Mann and Liu YA “ Industrial Water Minimisation” Mc Graw Hill, 1999

4. EBooks and journals