SYLLABUS FOR ECONOMICS(HONOURS)

B.A.PART-I(ECONOMICS Honours)
Paper-I
Micro Economics

Full Marks: – 100

Duration: – 3 hours

INSTRUCTIONS: Ten question shall be asked.Each question will carry equal marks. First
question is compulsory and shall consist of Ten Multiple Choice Questions.The rest questions
will be of subjective type which may include long questions and short notes.
UNIT – 1:-
Nature and scope of Economics,static and dynamic Economics, micro and macro Economics.
UNIT – 2:-
CONSUMPTION- Utility – Concept – Types and Relationship. Theories of consumer Behavior-
Cardinal and Ordinal approaches.Demand – Concept ,law of demand ,Elasticity of Demand,
Type of Elasticity of Demand and measurement of Elasticity of demand ,Concept of
consumer’s Surplus.
UNIT – 3:-
Cost and Revenue – Concept and Type of Cost , short Run Cost Curve and Long run cost Curve
and their relationship.
Revenue – Concept and types, Relationship between Revenue Curves.
UNIT – 4:-
Production Supply- Concept, Supply Schedule and Curve.
Production Function – Introduction Isoquant Curves laws of Variable Proportion.
UNIT – 5:-
Market: Introduction Element and types of Market ,Prices Determination under Perfect
Competition , Role of Time Element , Pricing under Monopoly and Monopolistic competition,
comparative study of monopoly , and perfect competition .
UNIT – 6:-
Distribution Theories of Distribution
Marginal Productivity theory and modern theory
Rent- Ricardo and Modern Theory
Wage – Demand and supply Theory
Collective Bargaining and wage determination
Interest – Classical and Kenjunesian Theory
Profit- Night’s and Schumpeterain Theory.

B.A.PART – I(Economics Hons)

Paper -II(Macro Economics)

Full Marks: – 100

Duration:- 3 hours

INSTRUCTIONS Ten questions shall be asked .Each question will carry equal marks. First
question is compulsory and shall consist of Ten Multiple Choice Questions. The rest questions
will be of subjective type which may include long question and short notes.
1.Money
Function of Money in mixed economy.
Cash balance approach of money
Quantity theory of money
Inflation: its concept and causes of Inflation
Remedies to inflation in the economy
Inflationary gap: concept and remedy to
Monetary policy
2.National Income
Concept and Measurement
Kujeocian Theory of effective demand
Marginal Propensity to Consume: Concept and determination
Multiplier and its functioning
Investment: Functions and its Concept
3.Banking
Functions of commercial Bank
Principles of commercial Bank – Liquidity and Profitability
Credit Creation: Concept and Measurement in Control Credit in the Economy
Central Bank Functions
4.International Trade
International Trade and Economic Development
Classical Theory of International Trade (Rickard)
Modern theory of International Trade (Hecksher Ohlin)
Gains from International Trade
Balance of Payment: Concept, Reasons of disequilibrium in Balance of Payment, Measures to improve adverse balance of payment.
Reference Book
1. T.T. Sethi – Macro Economics
2. Barla and Argwal – International Trade

B . A .PART – I (Economics Subsidiary)

Paper – I

Economics Theory

Full Marks: – 100

Duration:- 3 hours

INSTRUCTIONS: Ten questions shall be asked. Each question will carry equal marks. First question is compulsory and shall consist of Ten Multiple Choice Questions. The rest questions will be of subjective type which may include long questions and short notes.
UNIT I – (i) Micro and Macro (ii) Utility analysis Marshalian and Hicksian app (iii) law of Demand, elasticity and its types .
UNIT II – (I) Concept – of Market – and its elements (ii) Types of Market (iii) Pricing under Perfect competition and monopoly.
UNIT – III Malthusian theory of population.
UNIT – IV Theories of Rent, interest, Profit and wages.
UNIT – V Money – functions, Theories of value of money – Fisher and Cambridge version.
Inflation: Causes and control measures.
UNIT – VI BANK – (i) commercial and Central banks:- Functions (ii) I .M .F and world Bank – Functions
<>strongUNIT – VII Taxation: ( i ) Theories of Taxation ( Ability) to pay theory.
( ii ) Public expenditure cause of increase and measures to control.
UNIT –VIIIInternational Trade: ( i ) Comparative cost theory Ohlin and Hecksher.
( ii ) Concepts of Free trade.