ame fete 18.10.2011 or fazaftenca ote 4 fer fra aris eo gs, frat Fa cease coed Ey Date 18.10.2011 Subject :- Economics 1. Dr.S.K. Sharma 2. Dr. Vijay Kr. Sharma a Tere Sata wT we Committee Place :- Central LibraryEconomic ~Part- 1 There shall be twa papers. Paper -1 Principles of Econon ic Analysis, Unit-1 Scope and Method:- Nature of Economie Laws, basic equilibrium, Utility, elasticity, competition. Mathematical Concepts > Variables, functions, equations and identities slope concave and second onter optimum conditions ‘Theory of Consumer Behavior:- Uility analysis cardinal and ordinal approaches.Elements of revealed preference, consumer surplus. Indifference curve analysis. properties, consumer equilibrium, income , price and substitution effects Demand Analysisi- Demand function and nw of demand, priee, eross and income elasticity of demand Uni Production: Production function, combination of factors, laws of production: returns to scales, law of variable proportions Nature of Costs:- Short run and long run cost curves, Optimum and representative fiums, Unit- 1 Market and Price Determination: - Suucture of Markets, equilibrium of firm and industry under perfect competition, Price and output under monopoly and price discrimination, Nature of monopolistic competition, uw Economic system: Capitalism, socialism and mixed economy. Problem of resource allocation, Theory of Distribution and Factor Prices:- Concept and measurement, net economic welfare, distribution of national income, marginal productivity theory of distribution: theories of rent, wages interest and profit Books recommended: Stonier and Hague:~ a Text Book of Economic ‘Thory R.G, Lipsey:- An introduction to Positive Economies, Samuelson Paul A: Economics Gould and Feguson :- Micro Eeonomie Theory, Dr. ML. Sethe Micro Economies, K.P. Jain- Adhunik Micro arthshastva »Economies BA Part-1 nomic Problems Unie J. Structure Nature Sectoral development of Liilization of resources ~ human and natural. Problems Of population and f India Economy: Growth and composition. ihe Indian Economy and their interrelationship. population policy of india. Need, Objectives and strategy of planning in India Poverty, unemployment, its nature and extent, Fmployinent policy. Agriculture:~ Trends in production and productivity, reforms, tenurial system distribution of land, ceilings, consolidation of holdings. Agticulture Inbour and problem wages employment and under employment . Capital agriculture, financial and physical problems of irrigation and supply of inputs, Onyanizational issues, market, cooperative farming, project . agricultural and rural developnient- programme, technology. Change in Agriculture strategy:- Agricultural production stratep policy in agriculuure. Price Industey and. Service Sector = Growth and Structure of industry. Indusiry and licensing policies of major industries, large. small and cottage industries Industrial finance, foreign capital and multinationals. industrial labour- wages and wage regulation, social security, housing, industrial peace. Trade Vaion movement Service Sector:- Nature, Structure and development Vv. Uni Economy of Uttar Pradesh:- Nature, Structure and Development of U. P.’s Economy. U.P. Economy through plans, Demographic scenario of U.P. infrastructore : energy, transport and water resources. Decentralization of planning in U.P. industrial development in U.P, public sector units, simat! seale industries, informal sector, hurdles and prospects, agriculture, cmployment, poverty, inter-regional disparit Rooks Recommended:- 1, Alak Ghosh- Indian Feonomy 2. Rudi Dutt & Sundaram Indian 3. Governmen af India Annual Economie Survey 4. Five Vear Plans Govt, of UP gee