Course Structure and Syllabus:
BA Economics
The Bachelor of Economics or BA Economics degree is a three-year undergraduate degree
with a focus on qualitative and quantitative aspects of Economics. The students must have
completed their 12th standard exams from a recognized board. The course offers for study
papers like Microeconomics and Macroeconomics, International Economics, Statistics,
Public Finance, Indian Economy, etc. After graduation one can opt to pursue an M.A
Economics. Economics students can also pursue an MBA after their graduation. Pursuing a
degree in Economics can prepare students for a career in banking, academics, or any
commerce-related field. One can apply to the Indian Economic Services. The people who get
selected are recruited as Grade A officers in organizations like the Planning Commission,
Planning Board, and the Ministry of Economic Affairs. If you can combine your knowledge
of economics with a flair for writing you can work as a financial journalist. Since the demand
for Economics teachers in educational institutions is growing in India and foreign
universities.
B.Voc. in Banking, Financial Services and Insurance:
This is an Entrepreneurship oriented Skill development courses of Bachelor of Vocation in
Banking, Financial Services & Insurance. The objective of this course is to ensure that the
students have adequate knowledge and skills, so that they are work ready at each exit point of
the programme and also to provide flexibility to the students by means of pre-defined entry
and multiple exit points. Students who have passed 10+2 examination (Regular or
Vocational) from a recognized board can take admission in this vocational course. The B.
Voc. (Banking, Financial Services &Insurance )a Semester pattern with credit system degree
programme shall be of 3 years duration divided into three parts, Part I, Part II and Part III and
6 semesters. After successfully completing the vocational course, the student would have
acquired relevant appropriate and adequate technical knowledge together with the
professional skills and competencies in the field of Banking, Finance Services and Insurance
so that he is properly equipped to take up gainful employment in this Vocation.
MA Economics
M.A. in Economics is a postgraduate course which has been among the top choices of
students pursuing the arts stream. The specialization of Economics is offered under the
degree of Master of Arts. This programme teaches students about the latest principles of
economic theory. The course provides them with practical experience through various
projects internship programmes. Many students who have an interest in the world’s economy
and the areas related to it opt for this course. Students get to learn about the ways in which
the finances in an economy grow while developing a critical insight for analysing the
vicissitudes of the financial market. The candidate must have completed graduation in any
discipline. Students with a postgraduate degree in Economics can apply for several job
opportunities in various sectors. They can easily get jobs in the corporate sector, commerce
and banking sector, economic consulting firms, etc. as a Research Associate, Business
Analyst, Financial Analyst, Corporate Analyst, Personal Finance Consultant, Operations
Manager, Investment Banker.
M.Phil. in Economics
M.Phil. Economics or Master of Philosophy in Economics is a postgraduate economics
course. The course duration is of two years and the course is an important and job oriented
one. Economics is the social science that analyzes the production, distribution, and
consumption of goods and services. A primary stimulus for the development of modern
economics was the desire to use an empirical approach more akin to the physical sciences.
This course is designed to provide rigorous training in economic theory, its techniques and
applications, and in quantitative research methods. M.Phil provides the advanced knowledge
and skills required for a career as a professional economist in public service or the private
sector. This course offers a well-constructed M.Phil Economics syllabus containing modules
which build on core training and prepare students to undertake research.
Ph.D. in Economics
Ph.D. in Economics is a doctorate course pursued in Economics and its applications stream.
The minimum eligibility required to pursue this course is 50% in postgraduate studies such as
M.Phil or M.A in Economics or finance based study, preferably Economics studies from a
recognized university. Doctorate studies are the most valuable certification in any field of
study and it might add up to wider job scopes after completion. Doctorate studies encourage
students to perform research-oriented studies and come out with thesis and patents which will
help them to gain a degree in ease. The job opportunities for PhD Economics are very high in
the Market Analysis domain with often high pay scales owing to their seniority in knowledge
and experience on the field.
| NameofthePrograms /Course | Syllabus |
| FYBAEconomics | http://collegecirculars.unipune.ac.in/sites/documents/Syllabus%202019/F.Y.B.A.%20Economics%20Syllabus_24.0620 |
| 19.pdf | |
| SYBAEconomics | http://collegecirculars.unipune.ac.in/sites/documents/Syllabus2020/S.Y.B.A.%20Economics%20Syllabus%20from%202020_06.072020.pdf |
| TYBAEconomics | http://www.unipune.ac.in/Syllabi_PDF/revised-2015/mms/TY-BA-Economics.pdf |
| M.A.Economics PartI | http://collegecirculars.unipune.ac.in/sites/documents/Syllabus%202019/M.A.%20ECONOMICS%20Syllabus%202019 _20.062019.pdf |
| M.A.Economics PartII | http://collegecirculars.unipune.ac.in/sites/documents/Syllabus2020/MA%20Economics%20PART%20II%20SEM%20III%20IV%20%20SYLLABUS_06.072020.pdf |
| B.Voc(BFSI) |
- POs/COs/PSOs:
Program Outcomes (POs) of BA
PO1: Communication Skills: A Graduate Students in Arts/Social Sciences/Humanities shall
be confident to speak, write, read, listen and understand the English Language and one or
more Indian Language. Relate the ideas, knowledge, books, and people.
PO2: Social Responsibility: Develops an obligation to act for the benefit of society at large.
Cultivates the responsibility to maintain a balance between the economy and the ecosystem.
PO3: Critical, logical and rational thinking: Acquire the ability for objective, rational,
sceptical, logical and unbiased analysis of factual evidence to form a judgement or
conclusion. Enhance the process of rational thinking, problem solving and analytical
evaluation from different perspectives.
PO4: Enlightened and effective Citizenship: Cultivates progressive citizenships for a
knowledge society for peace and prosperity of nation and the world. Develops clear, rational
and progressive thinking.
PO5: Values and Ethics: Recognizes the importance, worth and usefulness of principles and
standards of behaviour, moral dimensions of one’s own decisions and judgement of what is
important in life. Understand the rules of behaviours based on systematizing, defending and
recommending the concepts of right and wrong.
PO6: Sustainable Development: Understand, organizes and promotes the principle of human
development goals by sustaining the ability of naturals resources and ecosystem services
upon which the economy and society depends.
PO7: Life-Long process of learning: Cultivators the proficiency to engage in independent,
life-long Learning.
Program Specific Outcomes (PSOs) of BA Economics:
Ability to develop an understanding of the economic environment and the factors
affecting economic environment.
Ability to develop awareness on the various new developments in the different sectors of
an economy – agriculture, industry, services, banking, etc.
Ability to compare and contrast Indian Economy with other world economies.
At the end of the course, the student should be able discuss and debate on the various
issues and challenges facing the Indian Economic Environment.
Analyse macroeconomics policies including fiscal and monetary policies of India.
Understand the behaviours of financial and money markets and perform cost-benefits
analysis for making Investment decisions.
Details of Course Outcomes
- FYBA. Economics (General Paper -1) Indian Economics Environment
To familiarize the students with the recent developments in the Indian Economy.
To provide the students with the background of the Indian Economy with focus on
contemporary issues like economic environment.
To help the students to prepare for varied competitive examinations
To enable students to understand and comprehend the current business scenario,
agricultural scenario and other sectorial growth in the Indian context. To make the
student aware of the developments such as MSMEs, Digital Economy, E-Banking, BPO
& KPO, etc. - SYBA. Economics (General -2) Financial System
To understand fundamentals of modern financial system.
To understand the recent trends and developments in banking system.
To understand the role of the Reserve Bank of India in Indian financial system.
To provide the knowledge of various financial and non-financial institutions.
To provide the students the intricacies of Indian financial system for better financial
decision making. - SYBA Economics (Spl-1) Micro Economics
To develop an understanding about subject matter of Economics.
To impart knowledge of microeconomics.
To clarify micro economic concepts
To analyse and interpret charts, graphs and figures
To develop an understanding of basic theories of micro economics and their application.
To demonstrate that the theories discussed in class will usually be applied to real-life
situations.
To help the students to prepare for varied competitive examinations.
- SYBA Economics (Spl-2) Macro Economics
To introduce students to the historical background of the emergence of macroeconomics
To familiarize students with the differences between microeconomics and
macroeconomics
To familiarize students with various concepts of national income
To familiarize students with Keynesian macroeconomic theoretical framework of
consumption and investment functions
To introduce students to the role of money in an economy.
To introduce students to the conceptual and theoretical frameworks of inflation, deflation
and stagflation, Business Cycle. - T.Y.B.A. Economics ( General – 3 ) Economic Development & Planning
The Study of Economic Development has gained importance because of stained interest
of the developing countries in uplifting their economic conditions by restructuring their
economics to acquire greater diversity, efficiency and equity,For this and other reasons,
their have been many approaches to economic development.
In recent times, besides hard core economic prescriptions to development, concern
hitherto relegated to background, like education, health, sanitation and infrastructural
development, have found place of pride in explaining the preference of various
economies incorporated in this paper are devoted to the theories of economic
development, approaches to economic development, social and institutional aspects of
development, constraints on development process, macro economic policies, roll of
foreign capital and economic planning etc. in developing countries. - ( Spl – 3 ) International Economics
This course provides the students a thorough understanding and deep knowledge about
the basic principles that tend to govern the free flow of trade in goods and services at the
global level.
The contents of the Paper spread over various modules, lay stress both on theory and
applied nature of the subject that have registered rapid changes during the last decade. •
Besides this, the contents prepare the students to know the impact of free trade and tariffs
on the different sectors of the economy as well as at the macro level.
The students would also be well trained about the rationale of recent changes in the
export import policies of India. - (Spl – 4 ) Public Finance
The term ‘Public Finance’ has traditionally been applied to the package of those policies
and operations which involve the use of tax and expenditure measures while budgetary
policy is an important part to understand the basic problems of use of resources,
distribution of Income, etc.
There are vast array of fiscal institutions -tax systems, expenditure programs budgetary
procedures, stabilization instruments, debt issues, levels of government, etc.
- (Spl – 4 ) Elementary Quantitative Technique
This paper is to train the students to use the techniques of statistical analysis, which are
commonly applied to understand and analyze economic problems.
This paper emphasis on understanding economic concepts with the help of statistical
methods.
The paper also deals with simple tools and techniques, which will help a student in data
collection, presentation, analysis and drawing inferences about various statistical
hypotheses.
Program Outcomes (POs)of Bachelors of Vocational Degree in Banking, Financial
Services & Insurance (B.Voc. BFSI):
PO1: To provide judicious mix of skills relating to a profession and appropriate content of
General Education.
PO2: To ensure that the students have adequate knowledge and skills, so that they are work
ready at each exit point of the programme.
PO: To provide flexibility to the students by means of pre-defined entry and multiple exit
points.
PO4: To integrate NSQF within the Diploma, undergraduate level of higher education to
enhance employability of the students and meet industry requirements. Such student apart
from meeting the needs of local and national industry are also expected to be equipped to
become part of the global workforce.
PO5: To provide vertical mobility to students admitted in such vocational courses.
Program Specific Outcomes (PSOs) of Bachelors of Vocational Degree in Banking,
Financial Services & Insurance (B.Voc. BFSI):
After successfully completing the vocational course, the student would have acquired
relevant appropriate and adequate technical knowledge together with the professional skills
and competencies in the field of Banking Finance Services and Insurance so that he/she is
properly equipped to take up gainful employment in this Vocation. Thus he/she should have
acquired:
A. Understanding of
(a) The relevant basic concepts and principles in banking and insurance so that he/she is able
to understand the subject.
(b) The basic concepts in Business Operation & Administration.
(c) The concepts, principles of working of basic Marketing & Accounting.
(d) The knowledge of Retail & Finance and the Risk Management practices.
(e) The concepts and principles used in Depository Operations & Entrepreneurship.
B. Adequate Professional Skills and Competencies in
(a) Installation of Costing System.
(b) Concept of Annuity & Policies.
(c) Scope & Importance of Marketing.
C. A Healthy and Professional Attitude so that He/She has
(a) An analytical approach while working on a job.
(b) An open mind while locating/rectifying faults.
(c) Respect for working with his/her own hands.
(d) Respect for honesty, punctuality and truthfulness
D. NSQF compliant skills in Qualification developed by sector skill council in Banking,
Financial Services & Insurance sector
Details of Course Outcomes
Bachelors of Vocational Degree in Banking, Financial Services & Insurance (B.Voc.
BFSI):
SEMESTER I
INDIAN FINANCIAL SYSTEM (BFSI-101)
The student would understand about Indian Banking & Financial Institutions and be familiar
with the basics of money & inflation and the role of RBI.
At the end of the course students are able to acquire knowledge about Indian banking and
financial Institutions.
He/Shewould learn about money, inflation and its impact on economy.
He/She would understand the role and functions of RBI and alike regulating authorities in
Indian Financial System.
INSURANCE & RISK MANAGEMENT (BFSI-102)
This paper will allow familiarity with the operations and issues related to Insurance and Risk
and also be familiar with the basics of Insurance and theoretical considerations pertaining to
Insurance.
At the end of the course students are able to strengthen the knowledge on risk management
techniques. Also Understand and apply the process of risk management.
He/She would be able to understand the concept of insurance and its evolution along with
legal principles related to insurance.
He/She would be able to learn about the fundamentals of insurance business management.
INDIAN SECURITIES MARKET (BFSI-103)
The paper allows the student to get familiarity with the operations and issues related to
Indian Securities Markets and to understand the basics of Capital Market, Debt Market &
Securities Market Intermediaries.
At the end of the course students are able to strengthen the knowledge on Indian Securities
Markets.
He/She would understand and apply the concept of Securities- Debt & Money Markets.
He/Shewould understand the concept of Securities Market Intermediaries along with
functions related to Merchant Banking & Stock Exchanges.
FUNCTIONAL ENGLISH (BFSI-104)
The aim of Functional English course is to develop communicative skills of the learners in
listening, speaking, reading and writing.
The main focus is on how English is used in real-life situations. Through the items listed in
the syllabus the learners are expected to develop fluency in conversation and efficiency in
interactional skills.
They are also expected to learn to use grammar communicatively so that they become
effective and efficient communicators in English.
SEMESTER-II
MICRO FINANCE OPERATIONS I (BFSI-111)
The main objective of this paper is to identify the Microfinance and Financial Inclusion
Concepts and to understand the role of banks in inclusive growth.
At the end of the course students are able to strengthen the knowledge on Evolution and
Characteristics of Microfinance.
He/She would understand and apply the concept of Microfinance and Micro Credit.
He/She would understand the concept of Revenue models of Microfinance &
Microinsurance.
MUTUAL FUND OPERATIONS – I (BFSI-112)
The main objective of this paper is to understand the concept of Mutual Funds and
familiarize with the role of Fund Manager, Investors Protection and Mutual Fund Regulation.
At the end of the course students are able to identify the role and benefits of Mutual Funds.
He/She would understand and apply the concept of Organization of the Mutual Fund.
He/She would understand the Investors Protection and Mutual Fund Regulation.
MARKETING OF FINANCIAL SERVICES (BFSI-113)
The main objective of this paper is to understand the concept of Mutual Funds and
familiarize with the role of Fund Manager, Investors Protection and Mutual Fund Regulation.
At the end of the course students are able to understand the students to apply the principles of
Marketing in the area of financial services.
He/She woulddevelop enhance problem-solving skills in banking and insurance marketing by
offering a set of analytical tools.
He/She wouldunderstand the marketing mix and marketing strategies.
COMPUTER FUNDAMENTALS (BFSI-114)
Student will able to demonstrate a basic understanding of computer system
He/She wouldunderstand to install, configure, and remove software and hardware
He/She wouldunderstand how to use software packages, online tools in day to day activities.
SEMESTER-III
BASICS OF LEGAL & HR POLICIES (BFSI-201)
The basic objective of this paper is to make students aware about the basic aspects of human
resource management and to understand the functioning of human resource management in
an organizational setting.
At the end of thecourse students are able toanalyse the basic concepts, functions and
processes of human resource management
He/She wouldbe able to develop an awareness of the role, functions and functioning of
human resource department of the organizations
MICRO FINANCE OPERATIONS II (BFSI-202)
The objective of this paper is to help student identify the delivery methodologies of
Microfinance and to understand the Legal and Regulatory Framework.
At the end of the course students are able to strengthen the knowledge on Microfinance
Delivery Methodologies and its impact.
He/She wouldunderstand the Ethical & Emerging issues in Microfinance in India.
He/She would understand the concept of Revenue Credit & Credit Operations and also the
Aspects of MFI Credit.
MUTUAL FUND OPERATIONS – II (BFSI-203)
The objective of this paper is to help students understanding the nature and role of Mutual
Funds and their purpose and role in the development of financial markets.
At the end of the course students are able to learn about the evolution of Mutual Funds in
India.
He/She would be imparted knowledge about management & organization of Mutual Funds
and Investor Rights.
He/She would learn about Deregulation, Market Imperfection and Investment Risks.
PERSONAL ENHANCEMENT (BFSI-204)
This course covers various dimensions and importance of effective personality. It helps
understand personality traits and formation and vital contribution in the world of business.
Also the course makes the students aware about the various dynamics of personality
development.
The course aims to cause a basic awareness about the significance of soft skills in
professional and inter-personal communications and facilitate an all-round enhancement of
personality. Hard or technical skills help securing a basic position in one’s life and career.
But only soft skills can ensure a person retain it, climb further, reach a pinnacle, achieve
excellence, and derive fulfilment and supreme joy. Soft skills comprise pleasant and
appealing personality traits as self-confidence, positive attitude, emotional intelligence, social
grace, flexibility, friendliness and effective communication skills.
SEMESTER-IV
ACCOUNTING FOR BANKING & INSURANCE (BFSI-211)
The objective of this paper is to familiarize students with Accounting Principles, Concepts
and Conventions of Accounting in Banking & Insurance Companies.
At the end of the course students are able to prepare the annual accounts of the general
insurance companies.
He/She would be able to deduce the insurance claim and loss of stock.
He/She would get aware about various provisions of Banking Regulation Act 1949 (New
Provisions of 1992).
RETAIL BANKING AND OPERATIONS (BFSI-212)
The objective of this paper is tofamiliarize the students with operational aspects of retail
banking products and developing suitable strategies to broaden the retail client base. And
also, to familiarize with Customer Relationship Management & trends in retailing.
At the end of the course students are able to apply the retailing concepts and differentiate
between Retail and Corporate/Wholesale Banking.
He/She would be able understand Role and impact of Customer Relationship Management.
He/She would be able learn about the new products like Insurance, Demat Services, Online/
Phone Banking, Property services, Investment Advisory/ Wealth Management, Reverse
Mortgage etc.
DEPOSITORY OPERATIONS (BFSI-213)
The objective of this paper is to introduce the students with the role of Indian Capital Market
& Regulatory Environment in Indian capital market and to understand Depository System &
its Functions, Eligibility criteria & Restrictions for depository participants (DPs)
At the end of the course students are able to know the basics of the Indian securities market
and the depository system, the need for depository and the key features of the depository
system in India.
He/She would be able to understand the institutional structure of the depository system in
India and the business partners of a depository.
He/She would be able to understand the regulatory framework in which the depositories and
its DPs function, their eligibility criteria, registration procedure, rights and obligations etc.
RESEARCH METHODOLOGY (BFSI-214)
The objectiveof this paper is to identify and discuss the role and importance of research in the
social sciences and to identify and discuss the complex issues inherent in selecting a research
problem, selecting an appropriate research design, and implementing a research project.
To understand the concepts and procedures of sampling, data collection, analysis and
reporting.
At the end of the course students are able to develop understanding on various kinds of
research, objectives of doing research, research process, research designs and sampling.
He/She would be ableidentify basic knowledge on qualitative research techniques
He/She would be able to have adequate knowledge on measurement & scaling techniques as
well as the quantitative data analysis
He/She would be ableto develop basic awareness of data analysis-and hypothesis testing
procedures
SEMESTER V
STATISTICAL METHODS AND TECHNIQUE (BFSI-301)
The objective of this paper is to familiarize students with the fundamentals of actuarial
concepts of statisctics.
At the end of the course students are able to comprehend the meaning, scope & limitations of
statistics.
He/She would be ableto understand the measures of central tendency and its application.
He/She would be ableto learn various correlation methods and its properties.
BANKING LAW & PRACTICE (BFSI-302)
The objective of this paper is to demonstrate the Banking Laws in Indian Banking Regulation
Act, 1949 and RBI Act, 1931. Also to identify the various Laws relating to Negotiable
Instruments and understand the organization & administration of Banking companies.
At the end of the course students are able to understand the concepts of business law.
He/She would be ableto understand the procedure of application of the business law in
various transactions.
He/She would be ableto get the basic knowledge about various banking legislation,
administration and organisation.
ASSETS MANAGEMENT (BFSI-303)
This course exposes the students to the various concepts of investment management and
provides an in-depth study of various issues there under.
At the end of the course students are able to get knowledge about the concept of investment
and its types.
Also Extrapolate the fundamental analysis like economic, industry and company.
He/She would be ableto understand the management of fixed and variable securities.
FOREIGN LANGUAGE-FRENCH (BFSI-304)
The objective of this paper is to learn the Foreign Language and be able to understand, speak,
read, and write French at a level comparable to that of a beginner speaker.
At the end of the course students are able to read and understand texts dealing with
personal/social needs and containing simple factual information;
He/She would be ableto meet practical writing needs using short/connected phrases;
He/She would be ableto express preferences, daily routines, opinions, feelings, everyday
events, and other topics primarily grounded in personal experience.
He/She would be ableto present information and express own thoughts about familiar topics
(Speaking/Writing)
SEMESTER VI
BASICS OF ECONOMICS & MARKETS (BFSI-311)
This subject aims study the principles of managerial economics for evidence based decision
making.
At the end of the course students are able totearn the basic theories in Managerial Economics
in connection with business.
He/She would be ableto demonstrate about various economic models and tools to run the
business.
He/She would be ableto describe mechanisms of multiplier, accelerator and skills to find the
solution to various economic problems.
PRINCIPLES & PRACTICES OF GENERAL & LIFE INSURANCE (BFSI-312)
The objective of this paper is to familiarize with the different facets of general insurance and
also to familiarize with the different facets of lifle insurance.
At the end of the course students are able toearn about the various types of general insurance
and their management.
Also to impart knowledge about laws related to general insurance and agencies for the
regulation of insurance market.
He/She would be ableto learn about the life insurance contract and its various aspects.
He/She would be ableto impart knowledge about insurance practices and growth of life
insurancebusiness in India.
DISASTER MANAGEMENT (BFSI-313)
The objective of this paper is to increase the knowledge and understanding of the disaster
phenomenon, its different contextual aspects, impacts and public health consequences.
Also, to ensure skills and abilities to analyse potential effects of disasters and of the strategies
and methods to deliver public health response to avert these effects.
The student will be able to Capacity to describe, analyse and evaluate the environmental,
social, cultural, economic, legal and organisational aspects influencing vulnerabilities and
capacities to face disasters.
REASONING APTITUDE & PLACEMENT ORIENTATION (BFSI-314)
This course aims to sensitize students with the gamut of skillswhich facilitate them to
enhance their employability quotient anddo well in the professional space. These skills are
imperative for
students to establish a stronger connect with the environment inwhich they operate. An
understanding of these skills will enablestudents to manage the placement challenges more
effectively.
Quantitative Reasoning: Thinking critically and applying basicmathematics skills to interpret
data, draw conclusions, and solveproblems; Developing proficiency in numerical reasoning;
Application of quantitative reasoning in aptitude tests
Verbal Reasoning: Understanding and reasoning using conceptsframed in words; Critical
verbal reasoning; ReadingComprehension; Application of verbal reasoning in aptitude tests
Program Outcomes (POs)of MA Economics:
MA Economics Program provides a rigorous approach to the study of economic theory
while offering students enough flexibility to take electives in the department in order to tailor
their study to their professional goals.
The MA program specializes in advance applied economic research and prepares the
students for a sound preparation for progression to doctoral study.
Take a rigorous quantitative approach to economic problems.
Advance professionally and to compete for well-paying jobs across a braod spectrum of
industries and sectors.
Enroll in a doctoral program.
Some of the major areas that will be covered: Microeconomics, Macroeconomics,
Econometric methods, Financial Markets and Institutions, Economic growth & Development,
Agriculture Economics, International Economics, Monetary Economics, Environmental
Economics.
Program Specific Outcomes (PSOs) of MA Economics:
Students could analyze and evaluate positions on economic issues, showing that they can
break an economic issue down into the various economic principles and concepts that form
the basis of the position and identify the competing sides on the issue.
Students will critique an economic position in terms of the accuracy of its representations
of economic principles and concepts and the soundness of its use of those concepts and
principles to make a claim about economics.
Students will solve real-world economic problems effectively in the context of an industry
or field of study, showing that they can identify and collect the appropriate economic data,
analyze data in terms of costs and benefits, present economic data and solutions to problems
in a way that is clear and accurate, and come to a reasoned judgment concerning benefits
within the constraints of costs and can express that judgment convincingly for an audience
who must act on it.
Students will explain economics to lay audiences, showing that they can translate economic
concepts and principles into terms that can be understood by both general and specific
audiences.
Details of Course Outcomes
M.A. ECONOMICS PART- I
SEMESTER-I
- EC-1001 Micro-Economic Analysis–I ( Core Course )
In this Paper, student is expected to understand the behaviour of an economic agent,
namely, a consumer, a producer, a factor owner and the price fluctuation in a market.
This Paper deal with the nature and scope of economics, the theory of consumer behaviour,
analysis of production function and equilibrium of a producer, the price formation in
different markets structures and the equilibrium of a firm and industry.
EC-1002 Public Economics I ( Core Course )
Role and functions of the Government in an economy have been changing with the passage
of time.
The term ̳Public Finance‘ has traditionally been applied to the package of those policies
and operations which involve the use of tax and expenditure measures while budgetary
policy is an important part to understand the basic problems of use of resources, distribution
of income, etc.
There are vast areas of fiscal institutions — tax systems, expenditure programmes,
budgetary procedures, stabilization instruments, debt issues, levels of government.
EC 1003- International Trade ( Core Course )
This course provides the students a thorough understanding and deep knowledge about the
basic principles that tend to govern the free flow of trade in goods and services at the global
level. The contents of the Paper spread over various modules, lay stress both on theory and
applied nature of the subject that have registered rapid changes during the last decade.
Besides this, the contents prepare the students to know the impact of free trade and tariffs
on the different sectors of the economy as well as at the macro level. The contents of this
paper also give importance to the trade policy and theory. It course provide international
trade agreements and it effect on Indian Economy.
EC-1004 Indian Economic Policy [ Non-core course ]
The candidates at the post-graduate level are expected to analyze various issues pertaining
to India‘s economic development. The performance of the economy is to be assessed on the
backdrop of various Five Year Plans implemented in the economy. Wherever possible,
critical appraisal is expected by taking cognizance of the contemporary developments in the
economy.
SEMESTER-II
EC-2001 Micro Economic Analysis – II ( Core Course )
In this Paper, student is expected to understand the behaviour of an economic agent, namely,
a consumer, a producer, a factor owner and the price fluctuation in a market.
This Paper deal with the nature and scope of economics, the theory of consumer behaviour,
analysis of production function and equilibrium of a producer, the price formation in
different markets structures and the equilibrium of a firm and industry.
EC-2002 Public Economics II ( Core Course )
Role and functions of the Government in an economy have been changing with the passage
of time.
The term ̳Public Finance‘ has traditionally been applied to the package of those policies
and operations which involve the use of tax and expenditure measures while budgetary
policy is an important part to understand the basic problems of use of resources, distribution
of income, etc.
There are vast areas of fiscal institutions — tax systems, expenditure programmes,
budgetary procedures, stabilization instruments, debt issues, levels of government.
EC – 2003- International Finance ( Core Course )
This Course provides the student about Balance of Payment and it approach and theory to
understand foreign trade.
Under this course it covers devaluation of currency, Euro Currency and Financial Market
and fluctuations in the international Currency Market.
It also covers about multinational companies and international financial system and it
Crises.
EC 2005- Industrial Economics [ Non-core course ]
The candidates are expected to understand the process of industrialization as a part of rapid
economic development. Excepting a few references to the theoretical background the study
aims at the analysis of the performance of the industrial economy of India on the backdrop of
the contemporary development.
M.A. ECONOMICS PART- II
SEMESTER-III
EC-3001 Macro Economics – I ( Core Course )
Macroeconomics or aggregative economics analyses and establishes the functional
relationship between the large aggregates. The aggregate analysis has assumed such a great
significance in recent times that a prior understanding of macroeconomic theoretical structure
is considered essential for the proper comprehension of the different issues and policies.
Macroeconomics is not only a scientific method of analysis; but also a body of empirical
economic knowledge. The paper entitled ―Macro Economic Analysis‖ equips the students at
the postgraduate level to understand systemic facts and latest theoretical developments for
empirical analysis.
EC-3002 Growth and Development – I ( Core Course ) Growth and Development is one of
the most important areas of economic exploration in the last 50-60 years. Although relatively
recent in origin this subject occupies a significant position in economic theory and practice.
India being a developing country, this subject becomes extremely relevant for both teachers
and students. The syllabus of Semester III includes the evolution of growth models as well as
important concepts such as poverty, inequality and population dynamics in the context of
developing countries.
EC-3003 Modern Banking ( Core Course )
The course intends to make students aware about the changing scenario of the modern
banking role, structure, performance and the current problems faced by the banking sector in
India and also in the world. It also tries to throw light on the future prospects and role of
modern banking sector at the global level. Students are supposed to study the current affairs
and events happening in the money market and capital market at the national and
international level.
EC- 3004 Demography ( Non – Core Course )
The main objective of this paper is to make the students aware of the importance of
population in economic development and the various theories that explain the growth of
population in a country.
The paper also enlightens the students on the quantitative and the qualitative aspects and
characteristics of the population through various demographic techniques. In recent times,
gender characteristics of the population have acquired importance and these have also been
included in the framework of study.
Migration and urbanization are the characteristics of structural change taking place in a
society. Their study is essential to understand the dynamics of this change. The paper
exposes the students to sources of population and related characteristics and also to the
rationale, need and evolution of population policy.
SEMESTER-III
EC – 4001 Macro-Economics II ( Core Course )
Macroeconomics or aggregative economics analyses and establishes the functional
relationship between the large aggregates.
The aggregate analysis has assumed such a great significance in recent times that a prior
understanding of macroeconomic theoretical structure is considered essential for the proper
comprehension of the different issues and policies.
Macroeconomics now is not only a scientific method of analysis; but also a body of
empirical economic knowledge. o The paper entitled ―Macro Economics equips the students
at the postgraduate level to understand systemic facts and latest theoretical developments for
empirical analysis.
EC-4002 Growth and Development –II ( Core Course )
Growth and Development is one of the most important areas of economic exploration in the
last 50-60 years. Although relatively recent in origin this subject occupies a significant
position in economic theory and practice. India being a developing country, this subject
becomes extremely relevant for both teachers and students.
The syllabus of Semester IV includes the practical aspects of the process of growth and
development – including the role of agriculture and industry, external trade and resource
mobilization and the role of the state and the markets.
EC-4003 Research Methodology ( Core Course )
Students who complete their post graduation in economics are mentally equipped to
pursue research in the same discipline. It is generally accepted that the research is nothing but
the extension and application of knowledge in a certain specialized field.
Therefore regular and external students who do their post graduation will be given an
opportunity to get exposed to a few elements of social science research.
Elementary knowledge of research methodology shall consolidate and deepen their
understanding of various branches of Economics.
EC – 4005 Economics of Environment ( Non – Core Course )
Environment is a part and parcel of living things in general and human beings in particular.
Hence for their wellbeing and environmental balance its preservation and protection is of
vital importance.
Environmental degradation can very badly affect all living things coupled with human
beings in particular. Environment can have economic aspects, which are neglected in the
studies in main stream economics and its branches.
This necessitates studying Economics of Environment as an Elective paper at post graduate
level.
The prime objective of this paper is to well equip the students regarding economic aspects
of Environment and development.
