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2014-15FACULTY OF ARTS, EDUCATION AND SOCIAL SCIENCES

BACHELOR OF ARTSHONOURS COURSES

General Information for Students1. The courses of study for the B.A ( Honours) Examination will extend

over a period of two years as an integrated course.2. The students will be eligible to offer B.A ( Honours) course after their

successfully completing the B.A. ( Part I) examination.3. No student shall be eligible for admission to the Honours course in a

subject unless he/she has passed the Ist yearT.D.C.. Examination ofthis University or any other examination equivalent thereto, and hassecured at least 48% marks in the aggregate ( including languages) and50% marks in the subject which he /she offers for the Honours Course.

4. The admission to Honours courses will be limited to 60 students persubject in the Faculty of Arts, Education and Social Sciences.

5. (a) For a pass at the B.A. Honours (Previous ) Examination, a candidateis required to obtain at least 25% marks in each paper of both Honoursand Subsidiary subjects and at least 36% marks in the aggregate of allsubjects. A candidate is required to pass separately in theory andpracticals.(b) For a pass at the B.A. Honours (Final) Examination, a candidate isrequired to secure at least 25% marks in each paper of Honours as wellas Subsidiary subjects, an aggregate of 36% in subject of theSubsidiary group, and an aggregate of 50% marks in each subject ofHonours. A candidate is required to pass separately in theory andpracticals.

6 No division will be awarded at the B.A. (Honours) Part I Examination.7 For the B.A. (Honours) a candidate will be awarded division after taking

into consideration the marks secured in the subjects of Honours only asunder, after taking into consideration the marks of B.A.Honours Part Iand II Examinations

I Division: 60% and above of the aggregate marks in the subject ofH onours

II Division : 48% and above but less than 60% of the aggregatemarks in the subject of Honours.

8 Candidats securing 36% marks or above but less than 48% in theaggregate will be given B.A. (Pass) degree.

9 Candidates securing less than 36% marks in the aggregate or as laiddown in Ordinance 180 (i) shall be declared to have failed.

10 There Shall be common course of study in all the compulsory and optionalsubjects for B.A.(Part I) Examination for the students for the B.A. Degree orB.A. (Honours) degree.

11 Honours students in the Arts subjects will take four Subsidiary papers of notlower than the Second Year level of the pass course. To meet thisrequirement they may take two papers in a pass subject at the Second Yearlevel and two papers in the same subject at the Third Year level also,alternatively, they may take two papers each in two subjects of the SecondYear level

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12 Only those optional papers will be allowed that are decided by theDepartment Council each Year.

13 (a) The following Subsidiaries will not be allowed for honours CourseStudents:

(1) Home Science(2) Music(3) General Hindi(4) General English(5) General Mathematics(6) Indian Culture and Civilization

(b)Further only one of the three literatures (English, Hindi, Sanskrit) will beallowed as a Subsidiary subject for an Honours candidate(c)Further, students offering Honours Subjects in the Faculty of ArtsEducation and Social Sciences will not be allowed to offer any subjectbelonging to any faculty other than the Faculty of Arts, as a Subsidiarysubject.(d) Candidates offering Geography/Psychology/Sociology as a Subsidiarysubject will have to offer these at the Second and Third Year levels.(e)If a student once clears the Subsidiary courses at the UniversityExamination he need not offer the subsidiary courses again in the nextyear.

Attendance :O. 78-A1. For all regular candidates in the faculties of Arts, Education andSocial Sciences, Law, Commerce and Engineering the minimumattendance requirement shall be that a candidate should have attended atleast 75% of the lectures delivered and the tutorials held taken together aswell as 75% of the practical’s and sessionals from the date of her/hisadmission2 .Condonation of shortage of attendance : The shortage ofattendance upto the limit specified belowmay be condoned on validreasons;(i) Unto 6% in each subject plus 5 attendance in all in aggregate ofthe subject/papers may be condoned by the Vice-Chancellor on therecommendation of the Dean/Director/Principal for under-graduatestudents and on the recommendation of the Head of the Department forthe post-graduate classes.(ii) The N.C.C./N.S.S Cadets sent out to parades and camps and suchstudents who are deputed by the University to take part in games, athleticor cultural activities may, for purpose of attendance, be treated as presentfor the day of their absence in connection with the aforesaid activities andthat period shall be added to their subject-wise attendance,Note: 1 There shall be no supplementary examination for the B.A.

Honours(Previous) and B.A.Honours (Final) courses.2 The attendance for supplementary students will be counted

from the date of admission.

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New Examination Scheme:Part Total

no. Q.MarkseachQ.

TotalMarks

A 10 2 20B 7 5 35C 3 15 45

Total 100

TEACHING SCHEME OF HONOURS CLASSES

Class/Papers Periodsper week

Max.Marks

Min.PassMarks

DurationHrs.

B,A HONOS.PART ICompulsoty- Paper I toIVPaper I : Intermediate

Price Theory6 100 25 3

Paper II : IntermediateMacroEconomics 6 100 25 3

Paper III : QuantitiveMethod’s forEconomics 6 100 25 3

Paper IV EconomicDevelopment 6 100 25 3

(36% in aggregate)

B,A HONOS.PART IICompulsory- Paper V toVIIIPaper V : Public

Economics6 100 25 3

Paper VI : InternationalEconomics

6 100 25 3Paper VII : History of

Economics Analysis6 100 25 3

Paper VIII Economy ofIndia andRajasthan

6 100 25 3

(36% in aggregate)

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B.A.( Hons.) Economics Part I Examination

Please Note(i) The Syllabus has been divided into units. Questions will be set from each unit

with provisions for internal choice(ii) In order to ensure that students do not leave out important portions of

syllabus, examiners will be free to repeat the questions set in previous year’sexamination.

PAPER IINTERMEDIATE PRICE THEORY

Unit I : Role of price mechanism; Fundamental Quantitative Relationships: Total,average and marginal quantities. Demand and supply, market equilibrium;Concept of elasticity : Price elasticity of demand; cross elasticity andIncome elasticity of demand; Elasticity of supply; Elasticity and total andmarginal quantitiesREQUIRED READINGSLEFTWICH ; The Price System and Resource Allocation, Chs.1,2,3,Stigler, G.J : The Theory of Price, The Macmillan Company

Unit 2 : Utility : Cardinal and ordinal approaches Indifference curve consumer’sEquilibrium ( Hicks and Slutsky) Giffen goods: Consumer’s surplus, Engelcurve; Demand Curve faced by the firm under different market situationsREQUIRED READINGSLeftwich : Chs 5,6Bilas, R.A : Micro Economic Theory Chs. 4 (83-101) ( Hindi & Eng.)

Unit 3 : Production function, Iso-quant, Factor substitution Law of variableproportions; returns to scale; economics of scale, Different concepts of costand their interrelation; Equilibrium of the firm ; Expansion pathREQUIRED READINGLeftwich: Chs 8,9

Unit 4 : Market forms-Perfect and imperfect markets ; Equilibrium of a firm –Perfect competition, monopoly and price discrimination:Taxation and equilibrium of firm; Measures of monopoly power,monopolistic competition; oligopoly –Various forms of CollusionREQUIRED READINGLeftwich :Chs 11,12,13

Unit 5 : Marginal productivity theory of distribution; Pricing and employment ofresources under various market situation. Rent: scarcity rent; Differentialrent; Quasi rent; Profits: Innovation risk and uncertainty theories;Efficiency in resource allocationREQUIRED READINGSLeftwich :Chs.14,15,16Joshi, J.M. & Joshi Rajendra: Micro Economic Theory, Ch 2,1RECOMMENDED READINGSStigler, G.J.:The Theory of PriceWatson D.: Price TheoryHicks, J.R. : Valu and CapitalFriedman M,: Price Theory

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6

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UNIT 1

UNIT 2

UNIT 3

UNIT 4

INTERMEDIATE MACRO-ECONOMICS

UNIT 1Meaning, Importance, Limitations and Targets of MacroeconomicsNational Income: Meaning and related concepts, Measurement withproduct and income methods, Difficulties in measurementElementary introduction to the Classical and Keynesian models ofMacroeconomics

REQUIRED READINGS:Dernburg Thomas F. Macroeconomics, vii ed. McGraw-Hill BookCompany, Chaps. 1-3Dudley Dillard, The Economics of John Maynard Keynes, VikasPublishing House, Chaps. 2, 3

UNIT 2Consumption and Income determination: Consumption function, simpleIncome determination, short run & long run consumption function, theMultiplier, factors affecting ConsumptionInvestment function: Introduction, Discounting and the Present Value,Investment and rate of Interest, Investment function and the aggregateExpenditure function, Lump-sum taxation and the Balanced BudgetMultiplier

REQUIRED READINGS:Dernburg Thomas F. Macroeconomics, vii ed. McGraw-Hill BookCompany, Chaps. 4, 6, 5

UNIT 3Demand for Money: The Transaction and Precautionary demand formoney, Liquidity preferenceSupply of Money: Definition of money supply, Open Market policy andmoney supply, RBI approach to many supply high powered money &money multiplier.REQUIRED READINGS:Dernburg Thomas F. Macroeconomics, vii ed. McGraw-Hill BookCompany, Chaps. 7, 8

UNIT 4The Joint Income Expenditure and Monetary Equilibrium, The IS-LMmodel, Monetary and Fiscal policy, Policy effectiveness under differentmonetary assumptionsAggregate Supply: Labour market, Aggregate Supply function, MoneyWage controversy

REQUIRED READINGS:Dyersburg Thomas F. Macroeconomics, vii ed. McGraw-Hill Book

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UNIT 5

Company, Chaps. 9, 11UNIT 5

Inflation: theory of inflation , classical, Keynesian approach Philips curve-short run and long run Philips curveEconomic Fluctuations: Meaning and types of fluctuations, Phases ofcycles, Hawtrey’s monetary theory, Schumpeter’s innovations theory,Keynesian theory and Hicks’s theory

REQUIRED READINGS:Dernburg Thomas F. Macroeconomics, vii ed. McGraw-Hill BookCompany, Chaps. 12, 13Jhingan M.L. Macroeconomic Theory, xi ed. Vrinda Publications,Chaps.32, 34

RECOMMENDED READINGS:Edward Shapiro, Macroeconomic AnalysisBranson W.H. Macroeconomic Theory and PolicyAckley G. Macroeconomic TheoryDornbush and Fischer, MacroeconomicsJhingan M.L. Macroeconomic Theory, (Hindi/ English), xi ed. VrindaPublicationsVaish M.C. Samasti Arthshastra, (Hindi/ English)Sethi T.T. Macro Arthshastra, (Hindi/ English)

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10

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11

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12

PAPER IIIQUANTITATIVE METHODS FOR ECONOMICS

Part- I ELEMENTARY MathematicsUnit I : Co-ordinate “Geometry :Straight Line Equations, Quadratic Equations;

Linear; Simultaneous Equations, Determinants, Basic OperationsMatrices : Elementary Operations, Inversion, Illustration with Input-Output System

Unit 2 ; Elementary differential Calculus : Meaning and Standard Formulae.Maxima, Minima and Points of inflexionREQUIRED READINGSDavid Huang :Introduction to the use of Mathematics in EconomicAnalysisMehta, B.C. and Madnani ;Arthashastra me Prarmbhik Ganit

PART II – STATISTICSUnit 3 : Meaning, Uses and Limitations of Statistics, Collection of Statistical data :

Census and sample Investigation; Classification and Tabulation of DataUnit 4 : Measures of Central Tendency and Dispersion, Correlation-Karl Pearson’s

and Rank Correlation. Regression ; Two Variable Linear RegressionUnit 5: Elementary Theory of Probability; Frequency Distributions-

Characteristics of Binomial and Normal Distribution, Fitting of normalcurveREQUIRED READINGSElhance, D.N. : Fundamental of StatisticsCroxton and Cowden : Applied General StatisticsSpeegel, R.M. : Theory and Problems of Statistics

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14

PAPER IVECONOMIC DEVELOPMENTS

Unit 1 Meaning of Economic Growth and Development; MeasuringDevelopment- National income and percapita income, Humandevelopment index.Factors in the development process Capital. Labour and Technology;Human Resources and Economic DevelopmentREQUIRED READINGSTodaro, M.P. and Smith, S.C.: Economic Development (PearsonEducation 8th ed.) Chs. 1,2,3,Meier, G.M. Rauch, J.E,: Leading issues in EconomicDevelopment,(Oxford University Press, 8th ed.)Ch. I

Unit : 2 Theories of Development and Growth : Classical Theory of DevelopmentKarl Marx and the Theory of Development; Schumpeter and capitalistDevelopment; Harrod-Domar Model, Lewis’s Model of unlimited supplyof LabourREQUIRED READINGSHiggins, B,(1995) : Economic Development, ( Universal Book Stall, newDelhi) Chs. 3,4,5,6 and 14Thirlwall, A.P. : Growth and Development (Palgrave Mac Millan, 8th ed. )Ch.4

`Unit 3 : Approaches to the theory of Economic Development, Stages of Economicgrowth; Low level Equilibrium trap, Critical Minimum effort thesis; BigPush theory ; balanced and unbalanced growth.REQUIRED READINGSHiggins, B. : Economic Development, Chs. 9,15. Thirlwall, A. P. : Growthand Development, Macmillan Chs. 8,9.

Unit 4 : Development Planning –Need for and meaning of planning: Investmentcriteria : Alternative investment criteria, Social Cost Benefit analysis,Choice of techniques, Target setting and Priorities:REQUIRED READINGSTodaro, M.P. : Economic Development, Ch. 16Thirlwall, A. P.: Growth and Development, Ch. 10,12Jhingan, M.L The Economics of Development and Planning

Unit 5 Environment and Development : Meaning of environmental economics;Environmental economics and environmental Policy; main categories ofenvironmental problems : air Pollution; water pollution; toxic chemical;ecosystem and natural environments; concept of sustainability, renewableand non-renewable resources.Population, resources, and environment; Poverty and the environment,growth versus the environment, rural development and the environment;urban development and the environment the global environment:

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The scope of environmental degradation, Privately owned resources,Common Property resources; public goods and bads : Regionalenvironmental degradation and the free-rider problem,REQUIRED READINGS :Todaro, M,P. and Smith, S.C.-Economic Development (8th ed.) Ch,11Kolstad, C.D. : Environmental Economic (OUP) Chaps. I and 2RECOMMENDED READINGS :Kindleberger, C. P. Economic Development McGraw HillLewis, W.A.: The Principles of Economic Planning.Mehrotra, S. and J. Richard (1998) : Development with a Human face,OUP, New Delhi.Sankar, U : Environmental Economics, OUP.Raghuvanshi, A. and Raghuvansi, C,L. : Paryavarha Pradushan,Madhya Pradesh Granth Academy

16

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rduhd] ekuo lalk/ku ,ao vkfFkZd fodklA

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fl)kUr] dkyZ ekDlZ ,oa fodkl dk fl)kUr] 'kqEihVj ,oa

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Je iwfrZ fl)kUrA

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,oa izkFkfedrk,¡A

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i;kZoj.k vFkZ'kkL= ,oa i;kZoj.k uhfr] i;kZoj.k leL;kvksa

17

ds izeq[k izdkj % ok;q iznw"k.k] ty iznw"k.k] tgjhys

jlk;u; izd`fr ra= ,oa izkd`frd okrkoj.k] la/kkj.krk dk

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tula[;k] lalk/ku ,oa i;kZoj.k] fu/kZurk ,oa i;kZoj.k]

o`f) cuke i;kZoj.k] xzkeh.k fodkl ,oa i;kZoj.k] uxjh;

fodkl] ,oa i;kZoj.k] oSf'od i;kZoj.k

i;kZoj.k {kj.k dk {ks=] futh LokfeRo lalk/ku] lkoZtfud

laifÙk lalk/ku] lkoZtfud HkykbZ ,oa cqjkbZ] {ks=h;

i;kZoj.kh; {kj.k rFkk Ýh jkbMj izksCyeA

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B.A. (HONS) ECONOMICS PART II EXAMINATIONPAPER V

PUBLIC ECONOMICS

UNIT 1 Scope of Public Economics; Public versus private wants. The growth ofpublic expenditure and its effects on production and distribution, Canonsof public expenditure, Role of public expenditure in economicdevelopment

UNIT 2 Classification of Public Revenue; Taxes, Borrowing and other sources ofrevenue; Principle of taxation. Benefit approach and Ability to Payapproach. Effects of taxation on production and distribution. Theory ofincidence and shifting

UNIT 3 The place of loans in public finance, forms of public debt, The burden ofpublic debt, effects of public debt on production, Composition of publicdebt in India

UNIT 4 Objectives of Fiscal Policy—full employment, anti inflation, economicgrowth, redistribution of income and wealth; Interdependence of fiscaland monetary policies, Budgetary deficits and its implications; Fiscalpolicy for stabilization –automatic Vs. discretionary stabilization;Balanced budget multipliers

UNIT 5 Role of public sector specially in underdeveloped countries, Surpluses ofpublic enterprises and economic development in IndiaWorking of licensing and other instruments of industrial regulation inIndia, Public enterprise price policies; Fiscal sector reforms in IndiaREQUIRED READINGSBrown, C.V. 1974: Public Sector Economics, Mortin Robetrtson, Oxford.Due, J.F. and Frigdlaender, A.F. 1977 : Government Finance-Economicsof the Public Sector, A.I.T.B.S. Publishers & Distributors, Delhi.Bhargava, R.N.1971: Theory and Working of Union Finance in India(latest ed.), Chaitanya Publishing House, Allahbad.Chelliah, R.J.: Fiscal Policy in Underdeveloped Countries, Geoge Allen& Unwin.Edey, H.T. and Peacock A.T.: National income and social accountingGovt. of India (Ministry of Finance) : Economic classification of thecentral govt. budget.RBI Bulletins : Various Issues of Economic and Political Weekly.Tyagi B.P. : Public Finance, Jai Prakash Nath & Co.(Latest Edition)RECOMMONDED READINGSJohansen L 1978: Public Economics, Nath Holland, New York.Margolis. J & Gultton, H (ed):Public EconomicsWilliams, Alan : Public Finance and Budgeting PolicyR.B.I.: Reports on Currency and financeGovt. of India: Finance Commission ReportsPeacock A. and Shaw G.K. 1977 : The Economic Theory of FiscalPolicy”, George Allen and Unwin.Musgrave R.A. & Musgrave P.B ,1989 : Public Finance in theory &

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Practice, McGraw Hill.

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20

bdkbZ IV jktdks"kh; uhfr ds mís'; % iw.kZ jkstxkj] foeqnzkLQhfr]

vkfFkZd o`f)] vk; ,oa lEifÙk dk iquZforj.k] ekSfnzd ,oa

jktdks"kh; uhfr dh vUrZfuHkZjrk] ctVh; ?kkVk ,oa mlds

ifj.kke] fLFkjhdj.k ds fy, jktdks"kh; uhfr & Lopkfyr

cuke fo[kf.Mr fLFkjhdj.k] larqfyr ctV xq.kdA

bdkbZ V vYifodflr jk"Vªksa esa lkoZtfud {ks= dk egRo]

lkoZtfud miØeksa dk vkf/kD; ,oa Hkkjr dk vkfFkZd

fodkl] Hkkjr esa vkfFkZd fu;eu ds fy, ykblsaflax rFkk

vU; miØeksa dk dk;Z] lkoZtfud miØe dher uhfr]

Hkkjr esa jktdks"kh; {ks= lq/kkjA

21

PAPER VI

INTERNATIONAL ECONOMICSUNIT 1 The Nature of International Economics : Inter regional and International

Trade, Theory of absolute advantage; Law of Comparative costs,Opportunity cost doctrine, Mill’s Law of Reciprocal demand.REQUAIRED READINGSPugel, T.A. : International Economics, 12th ed., MacGraw Hill, 2004, Ch.1Sodersten, B.O. and Reed, G : International Economics, 3/e—MacmillanPress Ltd. (hereinafter referred as Text) Ch.1

UNIT 2 The Heckscher-Ohlin model, Offer Curves, Factor-Price-Equalization,Terms of trade and Gains from trade.REQUIRED READINGSText Ch. 3and 5

UNIT 3 Tariffs and Quotas : their effects in partial equilibrium analysis, Concept ofoptimum tariff, Free trade : Case for free trade; Protection : Arguments forProtection; GATT and WTO : TRIPS, TRIMS, Agriculture and Agreementon Textiles and Clothing.REQUIRED READINGSText Ch. 10, 12 and 17

UNIT 4 Balance of Trade and Balance of Payments : Meaning, Current and capitalaccount, surplus and deficit in Bop, Autonomous and accommodatingitems; Measures to correct disequilibrium in Bop; Devaluation : Itsmeaning and effects, Exchange rate under gold standard and PurchasingPower Parity theory, Foreign Trade Multipliers; IMF : Objectives, quotas,IMF financial facilities, the breakdown of the Bretton-Woods system, theSmithsonian Agreement, SDRS, role of gold and the present exchange ratesystem.REQUIRED READINGSText Ch. 23,25 and 31

UNIT 5 Recent changes in value, Composition and direction of India’s foreigntrade; Measures adopted by the Govt. to correct deficit in the Bop beforeand after 1991, External sector Reforms in India ( Including partial and fullconvertibility of rupee), recent EXIM Policy of India.

REQIRED READINGS

Joshi, V and Little, IMD : India’s Economic Reforms 1991-2000, OxfordUniversity Press (1996), New Delhi.RBI Bulletin : Various Issues.Economic and Political Weekly(Bombay) : Various IssuesDutt, R. and Sundarm,KPM : Indian Economy, S.Chand and Co., NewDelhi (Latest edition)Ellsworth, P.T. and Leith, J.C. : The International Economy, Latest ed.,Collier MacmillanSalvatore, D. : International Economics, Prentice Hall, upper Saddle River,N.J.Salvatore, D. : International Economics IV ed. (Schaum’s outline series),Mcgraw Hill Book Co.

22

Chacholiades, M. : Interantionl Economics, McGraw Hill Publishing Co.Haberler,G. : The Theory of International Trade, London, MacmillanKreinin, M.E. : International Economics, 9th ed., Harcourt Brace;Javanovich Publisher.Mundell, R.A. : International Economics, Macmillan Publishing Co., NewYork.Kaushik Basu, eds (2007) : Economics in India – OUP, New Delhi.

23

isij VI

vUrjkZ"Vªh; vFkZ'kkL=

bdkbZ I vUrjkZ"Vªh; vFkZ'kkL= dh izd`fr % vUrjkZT;h; ,oa

vUrjkZ"Vªh; O;kikj esa rqyuk] fujis{k ykHk dk fl)kUr]

rqyukRed ykxr fl)kUr] volj ykxr fl)kUr] fey

dk O;qRØe ek¡x fl)kUrA

bdkbZ II gD'kj&vksgyhu ekWMy] vkWQj oØ] lk/ku&dher

lekuhdj.k] O;kikj dh 'krsZa ,oa O;kikj ls izkfIr;k¡A

bdkbZ III vk;kr 'kqYd ,oa dksVk % vkaf'kd lkE; fo'ys"k.k ij

mudk izHkko] vuqdwyre~ iz'kqYd dk fopkj] eqDr O;kikj

& eqDr O;kikj dk i{k] laj{k.k & laj{k.k dk rdZ] GATT

rFkk WTO, TRIPS, TRIMS, d`f"k ,ao diM+k rFkk oL= ij djkjA

bdkbZ IV O;kikj larqyu ,oa Hkwxrku larqyu % vFkZ] pkyw ,oa iw¡th

[kkrk] Hkqxrku larqyu esa vkf/kD; ,oa ?kkVk] Lok;Ùk ,oa

vuqxzgh ensa] voewY;u & vFkZ ,oa izHkko] fofue; njksa

dk Lo.kZeku ,oa Øe 'kfDr lerk fl)kUr] fons'kh O;kikj

xq.kd; IMF : mís';] dksVk] IMF foÙkh; lgk;rk]

cszVu&oqM~l ra= dk volku] fLeFk~lvksfu;u djkj] SDRS]

orZeku fofue; nj iz.kkyh ,oa Lo.kZ dk egRoA

24

bdkbZ V ewY; esa orZeku cnyko] Hkkjrh; fons'kh O;kikj dh

lajpuk ,oa fn'kk] 1991 ls igys vkSj ckn esa ljdkj

}kjk Hkqxrku larqyu ?kkVs dks nwj djus ds mik;] Hkkjr esa

cká {ks= lq/kkj ¼#i;s dh vkaf'kd ,oa iw.kZ ifjorZuh;rk

ds lkFk½] Hkkjr dh orZeku EXIM uhfrA

25

PAPER VIIHISTORY OF ECONOMIC ANALYSIS

Unit 1 : The nature and Importance of History of Economic Analysis Mercantilism :Main Characteristics; Physiocracy : Main Economic Ideas

Unit 2: Theory of Value : Adam Simith, Ricardo, Mill, Austrian School (Menger,Wieser, Bohm Bawerk) Marginal Utility School (Gossen,Jevons, Walras) andNew-Classical School (Marshall).The Extension of classical ideas of value-the Socialists

Unit 3 : Evolution of Socialistic thought : Utopian Socialism (Saint simon, chariesfurierm Robert Owen, Proudhon) , Scientific Socialism (Karl Marx)Development of Ideas on Capital: Adam Smith and his early crities,Continental Economists-Keynes and karl Marx

Unit 4 Rent Theory: The formulation of the Theory of Rent-Malthus, Ricardo and thetheoretical Extension of Rent The theories of Interest. The theories of Profit.Theories of wages-Classical and Neo-Classical ideas on wages

Unit 5 Indiean Economic Thought : Early Economic Ideas: Kautilya, ModernEconomic Ideas of Gandhi and NehruREQUIRED READINGSGanguli, B.N. (1977) : Indian Economic Thought: A 10th CenturyPerspective,Tata McGraw Hill, New DelhiBlaug, M.(1977) : Economic Theory in Retrospect : A History of EconomicThought from Adam Smith to J.M. Keynes (5thed) Cambridge UniversityPress, CambridgeKautilya (1992) : The Arthashastra, Edited, Rearranged, Translated andIntroduced by L.N. Rangaranjan. Penguin books, New Delhi

RECOMMENDED READINGSBlackhouse, R. (1985) : A History of Modern Economic Analysis, Basil Black Well,OxfordGide, C. and G Rist (1956) : A History of Economics Doctrines (2nd ed) George Harrop& Co., LondonGide, C and G. Rist (197) : Arthik Vicharon ka Itihas (Hindi) Kailash Pustak Sadan,GwaliorCohn, C. W.McConnel : The Basic Techniques of the Great EconomistsGrey, A. and A. E. Tomson (1980) The Development of Economic Doctrine (2nd ed.)Longman Group, LondonRoll, E.(1973) A History of Economic Thought, Feher, LondonSchumpeter, J.A.(1954) History of Economic Analysis, Oxford University Press, NewYorkSeshadri, G.B.(1977) : Economic Doctrilne, B.R. Publishing Corporation, DelhiV. Lokanathan(1995) A History of Economic Thought, S. Chand & Company Lted, RamNagar, New Delhi

26

isij VII

vkfFkZd fo'ys"k.k dk bfrgkl

bdkbZ I vkfFkZd fo'ys"k.k dk bfrgkl % izd`fr ,oa egRo;

of.kdokn % eq[; fo'ks"krk,¡] izd`frokn % izeq[k vkfFkZd

fopkjA

bdkbZ II ewY; dk fl)kUr % ,Me fLeFk] fjdkMksZ] fey; vkWfLVª;u

fopkj/kkjk ¼esatj] okbt+j] ckWe ckWodZ½; lhekUr mi;ksfxrk

fopkj/kkjk ¼ek'kZy½; ewY; ds izfrf"Br fl)kUr dk

foLrkjhdj.k% lektoknhA

bdkbZ III lektoknh fopkj/kkjk dk mn~Hko % ;wjksfi;u lektokn ¼lsaV

lkbeu] pkYlZ Qqfj;j] jkWcVZ vksosu izks/kksu½; oSKkfud

lektokn ¼dkyZ ekDlZ½

iw¡th ij fopkjksa dk fodkl % ,Me fLeFk ,oa mlds

izkjfEHkd vkykspd] dkWfUVusUVy vFkZ'kkL=h & dhUl ,oa

dkyZ ekDlZA

27

bdkbZ IV yxku fl)kUr % mn~Hko; ekYFkl] fjdkWMksZ ,oa yxku dk

lS)kfUrd foLrkjhdj.k] C;kt dk fl)kUr] ykHk dk

fl)kUr] etnwjh dk fl)kUr % izfrf"Br ,oa uo&izfrf"Br

fopkj/kkjk,¡A

bdkbZ V Hkkjrh; vkfFkZd fopkj % izkjfEHkd vkfFkZd fopkj&dkSfVY;]

vk/kqfud vkfFkZd fopkj&uSjksth] jkukMs] ,e-,u- jk;;

usg: ,oa xka/kh ds vkfFkZd fopkjA

28

PAPER VIIIECONOMY OF INDIA AND RAJASTHAN

Unit I : National Income of India : Its measurement at current and constant prices,Growth and structure of National Income, Inter-State variations, State domestic product and per capita incomeSaving and Capital formation : The process of Physical Capital formation;Estimates of saving and Capital formation; Human capital formation inIndiaREQUIRED READINGSDatt and Sundaram : Indian Economy, (Latest Edition)Agarwl, A.N. : Indian Economy (Latest Edition)

Unit 2 : Product Sector : Agriulture in National Economy, Policy measures relatingto Productivity.; Land Reforms; Size of Farms and Profitability : GreenRevolutionIndustrial Sector : Structural Pattern, Industrial and Licensing Policy;Policy measure relating to large sale, small scale and cottage industriesREQUIRED READINGSDatt and Sundaram : Indian Economy, ( Latest Edition)Agarwal, S.N..: Indian Economy, (Latest Edition)

RAJASTHAN’S ECONOMY

Unit 3 : Natural Resources : Natural Resources Endowment, Problems and Policyabout their utilization, State Income of Rajasthan ; Trends in State and percapital incomeEconomic Planning in Rajasthan : Objectives and achievementsREQUIRED READINGSMamoria and Hingorani (Eds.) : Industrial Potential of RajasthanGovt. of Rajasthan : State Income of Rajasthan (Directorate of Statisticsand Economics ) Govt. of Rajasthan: Five Year Plans

Unit 4 : Agricultural Sector: Land utilization, Cropping pattern Principal cropsAgricultural Development during the Five Year Plans: Seeds Fertilizers,Food grains and Irrigation; progress and problems of Land ReformsREQUIRED READINGSGovt of rajasthan : Budgest StudiesNathuramka : Bhartiya Arthavyavastha Ki Samasyain (Latest Ed.)NCAER; Techno-Economic Survey of Rajasthan Industrial Sector :Development of industrial structure during Five Year Plans, Small scaleindustries _ Development, Problems and prospects, Role of RFC andRIICO In the industrial development of RajasthanREQUIRED READINGSMathur, Hari Mohan : Rajasthan Ka Audhyogik Vikas, RHG AcademyMamoria and Hingorani (Eds.) : Industrial Potential of Rajasthan

Unit 5 : Economy od Arid Rajasthan ; Salient features of arid region, Recurringfamines ; Causes and effects, Desert Development Policy and programmers

29

Animal Husbandry; Economic Importance of Livestock Specially for aridregion ; Causes and effects Desert Development policy and programmesREQUIRED READINGSGovt. of Rajasthan : Report of Desert Development CommissionCAZRI : Arid Zone Research in India Souvenir, released in January, 1978on the occasion of the Silver JubileeGovt. of Rajasthan : Budget StudiesRECOMMENDED REDINGSGovt. of India : Statistical Abstract of IndiaGovt. of Rajasthan : Statistical Abstract of RajasthanCAZRI : Annals of Arid ZoneGovt of India : Five Year Plans and their Progress ReportsNathuramka, L.N.: Bhartiya Arthvyavastha Ki Samasya in (Latest ed.)

30

isij VIII

Hkkjr ,oa jktLFkku dh vFkZO;oLFkk

bdkbZ I Hkkjr dh jk"Vªh; vk; % bldh pkyw rFkk fLFkj dherksa ij

eki] jk"Vªh; vk; dh lajpuk ,oa o`f)] vUrj&jkT;h;

fofo/krk,¡] jkT; ?kjsyw mRikn ,oa izfr O;fDr vk;A

cpr ,oa iw¡th fuekZ.k] HkkSfrd iw¡th fuekZ.k dh izfØ;k]

cpr ,oa iw¡th fuekZ.k ds vuqeku] Hkkjr esa ekuo iw¡th

fuekZ.kA

bdkbZ I mRiknu {ks= % jk"Vªh; vFkZO;oLFkk esa d`f"k] ¼v½ mRikndrk

¼c½ Hkwfe lq/kkj ¼l½ tksrksa dk vkdkj ,oa ¼n½ ykHkns;rk

ls lEcfU/kfr uhfr&funsZ'k] gfjr Økafr

vkS|ksfxd {ks= % lajpukRed izk:i] vkS|ksfxd ,oa

ykblsaflax uhfr;ka; o`gn~] y?kq ,oa dqVhj m|ksxksa ls

lEcfU/kr uhfr;k¡A

jktLFkku dh vFkZO;oLFkk

bdkbZ III izkd`frd lalk/ku % izkd`frd lalk/ku miyC/krk] iz;ksx

lEcfU/kr leL;k,¡ ,oa uhfr;k¡ jktLFkku dh jkT; vk; %

jkT; vk; ,oa izfr O;fDr vk; ds #>ku

jktLFkku esa vkfFkZd fu;kstu % mís'; ,oa izkfIr;k¡A

31

bdkbZ IV d`f"k {ks= % Hkwfe mi;ksx] Qlyksa dk izk:i] izeq[k Qlysa]

;kstuk vof/k esa d`f"k fodkl] cht] moZjd] [kk|ku ,oa

flapkbZ] Hkwfe lq/kkjksa dk fodkl ,oa leL;k,¡A

bdkbZ V e: jktLFkku dh vFkZO;oLFkk % e: {ks= dh izeq[k

fo'ks"krk,¡] vkorhZ vdky & dkj.k ,oa izHkko] e:LFky

fodkl % uhfr;k¡ ,oa dk;ZØe

i'kqikyu % e: {ks= ds fy, i'kq/ku dk vkfFkZd egRo]

Ms;jh fodkl dk;ZØeA