MICROECONOMICS
UNIT I
Nature and scope of Economics, static and dynamic Economics, micro and macro Economics
UNIT II
CONSUMPTION – Utility – concept – Types and Relationship. Theories of consumer BehaviorCardinal and Ordinal approaches . Demand – Concept, law of demand, Elasticity of Demand , Types of Elasticity of Demand and measurement of Elasticity of demand, Concept of consumer's Surplus.
UNIT III
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 CurvesIII –
UNIT IV
Production Supply – Concept, Supply Schedule and curve. Production Function – Introduction Isoquant Curves laws of Variable Proportion.
UNIT V
Market : Introduction Element and types of Market, Prices Determinations under Perfect Competition, Role of Time Element, Pricing under Monopoly and Monopolistic competition, comparative study of monopoly, and perfect competition. UNIT VI – 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
MACROECONOMICS
Unit I - 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
Unit II - National Income
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
Unit III - 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
Unit IV - 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.
MICROECONOMICS
UNIT I
Nature and scope of Economics, static and dynamic Economics, micro and macro Economics
UNIT II
CONSUMPTION – Utility – concept – Types and Relationship. Theories of consumer BehaviorCardinal and Ordinal approaches . Demand – Concept, law of demand, Elasticity of Demand , Types of Elasticity of Demand and measurement of Elasticity of demand, Concept of consumer's Surplus.
UNIT III
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 CurvesIII –
UNIT IV
Production Supply – Concept, Supply Schedule and curve. Production Function – Introduction Isoquant Curves laws of Variable Proportion.
UNIT V
Market : Introduction Element and types of Market, Prices Determinations under Perfect Competition, Role of Time Element, Pricing under Monopoly and Monopolistic competition, comparative study of monopoly, and perfect competition. UNIT VI – 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
Composition (English)
B.A. Part - I
PAPER – I
Time – 11⁄2 Hours Full Marks – 50
1. The Literary Heritage : A New Anthology of Indian English Prose Ed. Prasad, Masih & Singh, Motilal Banarsidass
a. H. Kabir : The Unity of Indian Culture
b. J. Nehru : On With The Work
c. From the Ramayana : A Golden Deer
d. W.W. Jacobs : The Monkey’s Paw
e. E.A. Poe : The Purloined Letter
2. Mac Flecknoe : J. Dryden