Module I - Introduction to the Theory of International Trade International Economics Meaning and Significance Pure theory of international trade – – Basic concepts terms of trade meaning and types - offer curve community indifference – – – – curve opportunity cost Absolute advantage Comparative advantage the Heckscher – – – – – Ohlin theory Leontief Paradox gains from trade static and dynamic gains. 25 hrs – – – Module II - Balance of Payments Meaning and structure of balance of payments equilibrium and disequilibrium in the – balance of payments measures to correct disequilibrium monetary and non-monetary – – measures Devaluation and Balance of Payments - Marshall-Lerner condition – 20 hrs Module III - Foreign Exchange Rate Equilibrium Rate of Exchange theories of exchange rate determination mint parity – – theory purchasing power parity theory theory Fixed and flexible exchange rate - forward – – – rate spot rate nominal, real, and effective rate of exchange foreign exchange risks hedging – – – – and speculation derivatives options currency swaps 25 hrs –currency –future – Module IV - Trade Policy and Financial Systems Commercial policy free trade vs protection Tariffs and Quotas - their effects Bretton – – – Woods System - IMF IBRD; WTO: WTO and Indian economy 20 hrs – SEMESTER VI CHOICE-BASED COURSE XI HUMAN RESOURCE MANAGEMENT (EC6B14.2U) Importance of Human Resource Management - evolution of HRM - changing Module I: environment and work ethics- human resource management departments and their tasks - jobs and careers activities - training and development. (15 Hrs) –professional Module II: Human Resource planning - models for HR planning - determining requirements - forecasting demand for labour- human resource availabilities - gaps - planning for shortages – planning for surplus. (15 Hrs) Module III: Individuals and jobs employee ability- job analysis -rewards - work motivation - – motivational processes employee participation - prestige and morale-measurement and – improvement of morale - Employee performance - elements of performance appraisal - error identification and reduction job satisfaction - attendance and retention. (22 Hrs) – Module IV: Compensation policy - pay and benefits - promotion and transfer of employees - service conditions - protection and safeguards of civil servants - developing a pay structure job –
Module I - Introduction to the Theory of International Trade International Economics – Meaning and Significance – Pure theory of international trade – Basic concepts – terms of trade – meaning and types - offer curve – community indifference curve – opportunity cost – Absolute advantage – Comparative advantage – the Heckscher – Ohlin theory – Leontief Paradox – gains from trade – static and dynamic gains. 25 hrs Module II - Balance of Payments Meaning and structure of balance of payments – equilibrium and disequilibrium in the balance of payments – measures to correct disequilibrium – monetary and non-monetary measures – Devaluation and Balance of Payments - Marshall-Lerner condition 20 hrs Module III - Foreign Exchange Rate Equilibrium Rate of Exchange – theories of exchange rate determination – mint parity theory – purchasing power parity theory – theory – Fixed and flexible exchange rate - forward rate – spot rate – nominal, real, and effective rate of exchange – foreign exchange risks – hedging and speculation –currency derivatives –future options – currency swaps 25 hrs Module IV - Trade Policy and Financial Systems Commercial policy – free trade vs protection – Tariffs and Quotas - their effects – Bretton Woods System - IMF – IBRD; WTO: WTO and Indian economy 20 hrs SEMESTER VI CHOICE-BASED COURSE XI HUMAN RESOURCE MANAGEMENT (EC6B14.2U) Module I: Importance of Human Resource Management - evolution of HRM - changing environment and work ethics- human resource management departments and their tasks - jobs and careers –professional activities - training and development. (15 Hrs) Module II: Human Resource planning - models for HR planning - determining requirements - forecasting demand for labour- human resource availabilities - gaps - planning for shortages – planning for surplus. (15 Hrs) Module III: Individuals and jobs – employee ability- job analysis -rewards - work motivation - motivational processes – employee participation - prestige and morale-measurement and improvement of morale - Employee performance - elements of performance appraisal - error identification and reduction – job satisfaction - attendance and retention. (22 Hrs) Module IV: Compensation policy - pay and benefits - promotion and transfer of employees - service conditions - protection and safeguards of civil servants - developing a pay structure – job
Semester-VI-1.docx