PAPER – I
1. Advanced Micro Economics:
2. Advanced Macro Economics:
3. Money - Banking and Finance:
4. International Economics:
(a) Old and New Theories of International Trade
(b) Forms of Protection: Tariff and quota.
(c) Balance of Payments Adjustments: Alternative Approaches.
5. Growth and Development:
(b) Process of Economic Development of Less developed countries: Myrdal and Kuzments on
economic development and structural change: Role of Agriculture in Economic Development of less
(c) Economic development and International Trade and Investment, Role of Multinationals.
(d) Planning and Economic Development: changing role of Markets and Planning, Private- Public
(e) Welfare indicators and measures of growth – Human Development Indices. The basic needs approach.
(f) Development and Environmental Sustainability – Renewable and Non Renewable Resources,Environmental Degradation, Intergenerational equity development.
PAPER – II
1. Indian Economy in Pre-Independence Era:
2. Indian Economy after Independence:
A The Pre Liberalization Era:
B The Post Liberalization Era: