Module V- Public Economics Economic Functions of Modern Government Role of Government in Economic Planning and – Market Governance Welfare foundations Types of budget concepts of deficits – –Budget- – – Reforms in Budgeting Zero Base Budgeting and Performance Budgeting Public Revenue – – – Sources of Revenue Tax Revenue Effects of taxes on production, consumption, work – – efficiency, Savings Public Expenditure Effects of Public Expenditure on the Economy – – – Evaluation of Public Expenditure: Cost Benefit Analysis Public debt Issues in Management – – – Fiscal Policy Objectives Instruments As an instrument of growth and social justice. – – – Module VI- International Economics Foreign trade and Economic Development Two gap model Foreign trade multiplier – – – – Heckscher theory of International trade Secular Decline in Terms of Trade Prebisch –Ohlin – – – Singer & Balance of payment problem in LDCs , Traditional, Absorption & Myrdal’s thesis – Monetary approaches to BOP Foreign exchange market & its functions impact of tariff & – – non-tariff on trade Regional trade Blocks WTO & India. – – Module VII- Money, Banking & Finance Money supply & Money Demand Role, Constituents & Functions of money - capital markets – – central Bank commercial banks- cooperative banks-Regional Rural banks-Technological – developments in banking Mutual funds SEBI & RBI guidelines Insurance sector – – – reforms in the Financial sector. Module VIII- Environmental Economics Natural Resources Classification Environmental costs Environmental Accounting – – – – Valuation of Natural Resources Green GDP Valuation of forests Environmental – – – Economics-Public goods- Market Failure Common Property Resources Market Based – – Instruments Environmental Impact Assessment Environmental Policy in India- Global – – warning climate change – Module IX- Emerging Issues in the Indian Economy Poverty and Income – Distribution National Income accounting: Trends and major issues performance of different sectors – – problems of poverty, unemployment, migration, inflation & environment Economic reforms in – India India on the eve of economic reforms-objectives, nature & structures of economic – reforms impact of economic reforms & WTO- India & GATS – –India
Module V- Public Economics Economic Functions of Modern Government – Role of Government in Economic Planning and Market Governance – Welfare foundations –Budget- Types of budget – concepts of deficits – Reforms in Budgeting – Zero Base Budgeting and Performance Budgeting – Public Revenue – Sources of Revenue – Tax Revenue – Effects of taxes on production, consumption, work efficiency, Savings – Public Expenditure – Effects of Public Expenditure on the Economy – Evaluation of Public Expenditure: Cost Benefit Analysis – Public debt – Issues in Management – Fiscal Policy – Objectives – Instruments – As an instrument of growth and social justice. Module VI- International Economics Foreign trade and Economic Development – Two – gap model – Foreign trade multiplier – Heckscher –Ohlin theory of International trade – Secular Decline in Terms of Trade – Prebisch – Singer & Myrdal’s thesis – Balance of payment problem in LDCs , Traditional, Absorption & Monetary approaches to BOP – Foreign exchange market & its functions – impact of tariff & non-tariff on trade – Regional trade Blocks – WTO & India. Module VII- Money, Banking & Finance Money supply & Money Demand – Role, Constituents & Functions of money - capital markets – central Bank – commercial banks- cooperative banks-Regional Rural banks-Technological developments in banking – Mutual funds – SEBI & RBI guidelines – Insurance sector reforms in the Financial sector. Module VIII- Environmental Economics Natural Resources – Classification – Environmental costs – Environmental Accounting – Valuation of Natural Resources – Green GDP – Valuation of forests – Environmental Economics-Public goods- Market Failure – Common Property Resources – Market Based Instruments – Environmental Impact Assessment – Environmental Policy in India- Global warning – climate change Module IX- Emerging Issues in the Indian Economy – Poverty and Income Distribution National Income accounting: Trends and major issues – performance of different sectors – problems of poverty, unemployment, migration, inflation & environment – Economic reforms in India – India on the eve of economic reforms-objectives, nature & structures of economic reforms – impact of economic reforms –India & WTO- India & GATS
Ph.D-Entrance-Syllabus-Economics.docx