Brief course outlinesInternational Islamic University ChittagongDepartment of Economics & Banking

Course Title: Bangladesh Economics (3 credit hours) Course Code: ECON-3506

1. COURSE OBJECTIVES:The Fundamental Purpose of this course is to introduce the whole Economy, Economic Factors, and Parameters to the students. They will be able to know basically macroeconomic situation, National Income & Expenditure, Budget, Deficit Financing, Borrowings, Contributions of Agriculture, Industry, External Sectors etc. to flourish their knowledge. 1. COURSE CONTENTS:Mid-term Examination

Chapter-1Macroeconomic Situation and related concepts: Mixed Economy, GNP, GDP, Business Cycle, AD, AS, Inflation, Unemployment, Growth and Development, Budget, Subsidy, savings and Investment, Remittances, FDI, Balance of Payments, Foreign Exchange, Foreign Exchange Reserve etc.

Chapter-2Agriculture: Definition; Structure; Characteristics; Importance and role of agriculture in the economy of Bangladesh; role of agriculture as a basis for industrialization; Current situation of agriculture; Problems and prospects of agriculture; Self-sufficiency in food; Modernization and Marketing of agriculture; Agricultural Credit: Comparative analysis and sector wise allocation of GDP in agriculture. Constructive criticism and Recommendations of improving agricultural situation in the economy of Bangladesh.

Chapter-3Industry: Role of Industry; Size and Composition of Industrial Sectors; BSCIC;SMEs; BCIC; BSFIC; BSEC; BTMC; Bangladesh Handloom and Sericulture Industry; Bangladesh Mills Corporation; Problems and prospects of jute industry; Garments industries: Challenges and prospects. Private vs Public Sectors; Nationalization and Privatization; Problems and Prospects of Foreign Direct Investment (FDI); Industrial Development and Industrial Policy in Bangladesh; Industrial Loan; Recommendations to develop Industrial situation in Bangladesh.

FINAL EXAMINATION:Chapter-4External Sector: World Trade Scenario-Export and Import policy; World Trade Organization and Bangladesh Regional Trade Agreement: APTA, SAFTA, SAPTA, BIMSTEC, TPS-OIC, D-8, GATT and its impacts; Composition and Direction of Foreign Trade of Bangladesh; Balance of Trade and Balance of Payments; Adverse Balance of Payments and its correction: A reality.

Chapter-5Fiscal & Financial Sector: Budget, Types of Budget, Financing of Deficit Budget; Public Expenditure: Expenditure under ADP; Composition of ADP expenditure by major sectors; Public Debt Management; Money and Credit Situation; Financial Market Management; Banking and Non-Banking Institutions: Financing in Agriculture, Industry & SMEs; Financial sector management and policy reforms; Capital Market and Capital Market Scenario

Chapter-6Power and Energy: Current Energy situation in Bangladesh; Contribution of Electricity in GDP and its Growth rate; Energy Efficiency and Energy Conservation; Problems and Prospects of Energy Security in Bangladesh

Chapter-7Poverty Alleviation: Concept of Poverty and Poverty Alleviation; Present Poverty situation in Bangladesh; Selected Programmers for Poverty Alleviation: Social Safety Net; Role of NGOs in Poverty Alleviation( Micro-Credit by Grameen Bank, PKSF, BRAC, ASA, PROSHIKA, TMSS Shakti Foundation, SSS, BURO, PRSP, ICT, Public and Private Banks); Role of MDGs in Poverty Alleviation; Role of Zakah Management in Poverty Alleviation; Factors behind Poverty and Inequality; Challenges and Prospects in Poverty Alleviation in Bangladesh.

Chapter-8

Human Resource Development: Definition; Human Capital; Role of Education, Training, Technology to make up Human Capital; Reform initiatives to improve the quality of Education; Health Sector Development; Important Initiatives for Women, Child Development.

Chapter-9Important Concepts: Vision-2021, Middle Income Country, Digital Bangladesh, Sustainable Development/Green Development, Development and Growth, Green House Effect, Climate Change, Manpower Export, Role of IMF and World Bank, ECNEC, PPP, NIPSOM,BEPZA, VAT, Kyoto Protocol, Revolution in Internet and Bangladesh, Fisheries, Livestock and Poultry, Forestry, RNFA, Five- Year Plan, Economic History under different Governments,

1. BOOK RECOMMENDEDTexts

A.R. Khan and Mahbub HossainThe Strategy of Development in Bangladesh. Macmillan, London,1989

Mahbub UllahBangladesh Economy (Turns of the Decades)

Abu Abdullah (ed)Bangladesh Economy 2000: Selected Issues, BIDS, Dhaka-2001

References

Finance Division in Bangladesh

Bangladesh Economic Review-Different Issues

Sirajul Islam (ed),History of Bangladesh: 1704-1971, vol-2 (Economic History, Asiatic Society of Bangladesh, Dhaka,1992

Planning Commission:The First Five Year Plan 1973-78, Bangladesh Government Press 1973

Philip Gaen (ed)Bangladesh Environment: Facing the 21st CXentury for Environment and Human Development,SHED, 1998.

Bangladesh Bureau of Statistics, Statistical Pocket Book (Latest Issue) and Internet Surfing Notes + Class Lectures.

1. Marks Distribution:Class test , assignment and attendance20%

Mid Term Examination (duration 90 minutes)30%

Final Examination (duration 2 hours and 30 minutes)50%

Total100%