I YEAR AND III YEAR
COURSE STRUCTURE
2018-19 Onwards
BA [ECONOMICS]
S.No Subject Code Title of the Paper Instructions
per Week
Marks Total Credits
IA ESE
SEMESTER – I
THEORY
1. I Micro Economics 5 50 100 150 3
SEMESTER – II
THEORY
2. II Macro Economics 5 50 100 150 3
SEMESTER – III
THEORY
3. III A) Monetary Economics 5 50 100 150 3
III B) International Economics 5 50 100 150 3
SEMESTER IV
THEORY
4. IV A) Indian Financial System 5 50 100 150 3
B) Public Economics 5 50 100 150 3
SEMESTER – V
THEORY
5. V Indian Economy-I 5 50 100 150 3
ELECTIVES
6. VI A) Development Economics-I 5 50 100 150 3
B) Economic Doctrines 5 50 100 150 3
C) Economics of Tourism 5 50 100 150 3
D) Human Resource Management 5 50 100 150 3
SEMESTER-VI
7 VII Indian Economy-II 5 50 100 150 3
ELECTIVES
6 VIII A) Development Economics-II 5 50 100 150 3
B) Rural Development and Cooperation 5 50 100 150 3
NMKRV COLLEGE FOR WOMEN
Department of Economics
CBCS UG Syllabus
(2018 onwards)
I Semester
Micro Economics
Module-I: Introduction to Micro Economics 10Hrs
Micro economics - meaning, scope, importance and limitations, Scarcity definition. Basic
problems of an economy. Production possibility curve; Role of price mechanism in
capitalist, socialist and mixed economy.
Module-II: The Theory of Consumer Behavior 15 Hrs
Concepts of Cardinal and Ordinal Utility; Law of Diminishing Marginal Utility, Law of
Equi-marginal Utility and Consumer’s Surplus; Law of Demand, Elasticity of demand -
Meaning, types, importance and methods of calculating elasticity of demand. Indifference
Curve - meaning, assumptions, properties; Indifference map, Budget line and Consumer’s
Equilibrium.
Module-III: Theory of Production and Cost 15 Hrs
Production Function - Meaning, short-run and long-run production function, Law of
Variable Proportions, Returns to Scale; Economies of Scale and Diseconomies of scale-
Internal and external; Iso-cost line, Iso-quant map and Producer’s equilibrium; Cost -
Meaning, short run and long run cost; Revenue concepts - Total Revenue, Average
Revenue and Marginal Revenue.
Module-IV: Theory of Product Pricing 10 Hrs
Concept of firm and industry; Equilibrium of firm and industry; Perfect competition-
features, Role of Time element in price-output determination; Monopoly - features, price-
output determination, Price Discrimination, Monopolistic competition - features, price-
output determination; Oligopoly - features, Cartels and Kinked Demand Curve.
Module-V: Theory of Factor Pricing 10 Hrs
Concept of Distribution - functional and personal distribution; Marginal Productivity
Theory; Rent- Ricardian Theory of Rent, Quasi rent. Wage - Real and Nominal wage,
Wage differentials, Theory of Subsistence Wage; Interest- Gross and Net Interest -
Classical Theory of Interest, Neo-classical Theory of Interest, Liquidity Preference
Theory of Interest; Profit- Gross and Net profit- Dynamic Theory of Profit, Risk-bearing
Theory of Profit.
C) Hospitality Economics 5 50 100 150 3
D) International Business Environment 5 50 100 150 3
Reference Books:
1. Modern Economic Theory - K.K. Dewett & M.H. Navalur - S. Chand Publishing Co -
2016.
2. Principles of Micro Economics - H. L. Ahuja -S. Chand Publishing Co -2016.
3. Principles of Micro Economics - D.D. Tewari and & Katar Singh- New Age
International
(P) Limited-2007.
4. Principles of Economics - D. M. Mithani -Lakshmi Narain Agarwal Publications -
2014.
5. Micro Economics - D.N. Dwivedi - Vikas Publishing - 2016.
6. Principles of Economics-M.L. Jhingan-Vrinda Publications Pvt Ltd .- 2015.
6. Arthika Siddhanta - HRK - Sapna Book House - 2016.
.
NMKRV COLLEGE FOR WOMEN
Department of Economics
CBCS UG Syllabus
II Semester
Macro Economics
Module -I: Introduction to Macro Economics 05 Hrs
Macro economics - Meaning, scope, importance and limitations; Circular flow of
income-Two sector model; Interdependence between Micro and Macro Economics;
Micro and Macro Economics Paradox.
Module- II: National Income 15 Hrs
National income-Meaning, definitions and importance; Concepts of national income-
Gross National Product, Net National Product, Gross Domestic Product, Net Domestic
Product, Personal Income, Disposable Income, Per-capita Income; Methods to measure
the national income; Difficulties in the measurement of national income.
Module-III: Theory of Employment and Income 15 Hrs
Basic assumptions of classicists, Say’s Law of market, Wage-price flexibility and full
employment, savings and investment equality, criticisms of the classical Theory. The
Keynesian theory-Effective Demand, Aggregate Demand and Aggregate Supply, Concept
of underemployment equilibrium; Consumption Function and its determinants,
Psychological law of Consumption; Investment function and its determinants; Multiplier
and Accelerator.
Module-IV: Inflation 15 Hrs
Inflation - Meaning and definitions, types of inflation, causes of inflation, Cost push and
Demand-pull Inflation, effects of inflation, Phillip’s Curve, methods to control inflation.
Module-V: Business Cycles 10 Hrs
Business cycles-Meaning definitions, features and types; Phases of business cycles;
Theories of business cycles-Non-monetary theories (Meteorological theory, Innovation
Theory) and Monetary theories (Hawtrey’s theory, Keynesian theory); Control of
Business Cycles- Monetary and Fiscal policy measures.
Reference Books:
1. Modern Economic Theory-K.K.Dewett & M.H.Navalur - S.Chand Publishing Co -
2016.
2. Macro Economics - H.L.Ahuja - S.Chand Publishing Co - 2016.
4. Macro Economics - Theory and Practice-M.L. Seth-Lakshmi Narain Agarwal
Publications- 2017.
5. Macro Economics - Theory and Practice - D.N.Dwivedi - Vikas Publishing - 2017.
6. Macro Economics - M.L.Jhingan - Vrinda Publications (P) Ltd - 2010.
7. Arthika Siddhanta – HRK - Sapna Book House – 2016.
NMKRV COLLEGE FOR WOMEN
Department of Economics
CBCS UG Syllabus
III Semester
Monetary Economics (A)
Module I: Nature and functions of Money 10 Hrs
Money – Meaning, definitions and classisification of money; Features of good money;
Functions of money; Gresham’s law; Role of money in modern economy.
Module II: Supply of and Demand for Money 15 Hrs
Factors determining supply of and demand for money - Quantity theory - Fisher’s
equation (Cash Transaction Approach) and Cambridge equations (Cash Balance
Approach) - Marshall, Pigou, Robertson and Keynes; Income and expenditure theory.
Module III: Financial Markets 10 Hrs
Money Market – Meaning, characteristics and constituents; Functions of money market;
Instruments of money market – Commercial bills, Treasury bills, Certificate of deposits,
Commercial papers. Structure of Indian Money Market; Features of Indian Money
Market; Defects of Indian Money market; Capital Market - Meaning and features;
Functions of capital market – Instruments of market.
Module IV: Commercial Banking 15 Hrs
Commercial Bank - Meaning definitions and functions; Structure of banking system -
Unit and Branch Banking; Balance Sheet of a commercial bank; Credit creation process;
Portfolio management.
Module V: Central Bank 10 Hrs
Functions of central bank - Monetary policy - Meaning, objectives and instruments
(Quantitative and Qualitative methods), Repo rate and Reverse repo rate; Demonetization
and its impact on Indian economy.
Reference books:
1. Monetary Economics – M.L.Seth – Lakshmi Narain Agarwal -2013.
2. Monetary Economics – Suraj B Gupta- S.Chand and Co Ltd- 2012.
3. Monetary Economics – Netra Jain – Alfa Publications – 2012.
4. Macro Economic Theory – M.L.Jhingan – Vrinda Publications – 2010.
5. Indian Economy – K.P.M.Sundharam and Ruddar Dutt – S. Chand Co Ltd – 2002.
6. Athika Siddhanta – HRK – Sapna Book House – 2016.
NMKRV COLLEGE FOR WOMEN
Department of Economics
CBCS UG Syllabus
III Semester
International Economics (B)
Module - I: Theories of International Trade 14 Hrs
Difference between internal and international trade; Analytical tools - Production
possibility curve, Community indifference curve; Classical Theories of International
Trade – Absolute and Comparative Cost Theories; Heckscher-Ohlin Theory, Leontief
Paradox, Factor Price equalization theorem.
Module - II: Trade and Commercial Policy 12 Hrs
Terms of Trade – meaning and concepts – Gross and Net Income Terms of Trade;
Factors determining terms of trade; Offer curves – meaning and Reciprocal demand; Free
trade v/s protection – arguments for and against; Tariffs and their partial effects, Quotas-
meaning; Foreign Capital – Types, FDI and MNC’s.
Module-III: Balance of Payment 10 Hrs
Balance of Trade, Balance of Payment - Current Account and Capital Account; Causes of
Disequilibrium in Balance of Payment; Methods to correct the Disequilibrium in Balance
of Payment.
Module-IV: Foreign Exchange 12 Hrs
Foreign Exchange – Meaning and Definitions; Demand and supply of Foreign Exchange;
Determination of Foreign Exchange Rate- Mint Parity Theory and Purchasing Power
Parity Theory; Fixed and Flexible Exchange Rate – merits and demerits.
Module-V: Economic Integration and Institutions 12 Hrs
Customs Union – Trade creation and Trade diversion effects; EEC and SAARC;
International Monetary Fund (IMF) – Objectives and functions; World Bank (IBRD),
Asian Development Bank, GATT and WTO.
Reference Books:
1. Economic Environment of Business – Mishra and V.K.Puri – Himalaya
Publishing House – 2011.
2. Money, Banking and International Trade – M.L.Jhingan – Vrinda Publications –
2009.
3. Money, Banking and International Trade – M.L.Seth –Lakshmi Narain Agarwal –
2011.
4. Money, Banking and International Trade – M.C.Vaish – Wailey Eastern
Ltd.Bangalore – 2000.
5. Economic Development and Planning – Dingra I.C. – Sultan Chand and Co –
2010.
6. Human Development Report – UNDP.
NMKRV COLLEGE FOR WOMEN
Department of Economics
CBCS UG Syllabus
IV Semester
Indian Financial System (A)
Module – I – Money 08 Hrs
Introduction - Functions of Financial System; Indian Financial System -
Constituents/components – Financial institutions, financial markets, financial instruments
and financial services.
Module – II – Commercial Bank 15 Hrs
Commercial Bank – meaning and functions of Commercial Bank; Banking System –
Branch Banking and Unit Banking – merits and demerits; Principles of lending;
Mechanism of credit creation; Balance sheet of a Commercial Bank.
Module – III – Indian Money Market 12 Hrs
Introduction- Functions of money market, constituents of money market - call money
market, bills market, acceptance market and collateral loan market, characteristics of
developed money market; Characteristics of Indian money market- functions of Indian
money market, Defects of Indian money market; Instruments of money market –
commercial bills, treasury bills, certificate of deposits, Repo and reverse repo.
Module – IV – Financial Services 15 Hrs
Financial Services – meaning and importance; Types of Financial Services; Venture
capital and Consumer credit – meaning and sources of (providers) services – Demand
Draft, Safety Lockers, Standing instructions, Gift cheques and Travelers’ cheque.
Module – V – Central Bank 10 Hrs
Reserve Bank of India – Organization and Functions of RBI, Monetary policy-
Objectives and instruments; Regional Rural Banks (RRBs), Co-operative Banks, National
Bank for Agriculture and Rural Development (NABARD).
Reference Books:
1. Indian Financial System – Gordon and K. Natarajan - Himalaya Publishing House
- 2011.
2. Indian Financial System –Appanniah– Himalaya Publishing House – 2012.
3. Indian Financial System –B.S. Raman–United Publishers – 2010.
4. Indian Financial System –Dr.K.Venkataramana–Seven Hills Book Publications –
2012.
5. Indian Financial System –Girish.V and Sunil Kuamr.S–Skyward Publishers –
2014.
NMKRV COLLEGE FOR WOMEN
Department of Economics
CBCS UG Syllabus
IV Semester
Public Economics (B)
Module -I: Nature & Scope of Public Economics 12 Hrs
Meaning, scope, and importance of Public Economics; Market failure - Meaning and
causes; Externalities-Meaning and types; Public goods v/s private goods, Merit goods v/s
non merit goods, Mixed goods; Role of government in a mixed economy; Principle of
maximum social advantage.
Module -II: Public Revenue 14 Hrs
Sources of public revenue for union and state government in India; Concept of Tax -
Meaning and classification; Cannons of taxation; Taxable capacity - Meaning, types and
determinants; Incidence of taxation (impact and shifting of taxation) – Meaning,
determinants and importance; Effects of taxation; Optimal taxation; Laffer curve; Recent
tax reforms - Kelkar Committee recommendations, Goods and Service Tax
Module -III: Public Expenditure 12 Hrs
Meaning of Public Expenditure; Classification of public expenditure - Plan and non plan
development - development and non-development; Theories of public expenditure -
Wagner law of increasing state activities, Peacock –Wiseman Hypothesis; Canons of
public expenditure; Causes for increasing public expenditure; Effects of public
expenditure.
Module - IV: Public Debt 10 Hrs
Meaning and need for public debt; Internal and external sources of public borrowing;
Classification of public debt; Effects of public debt; Causes for growth of public debt;
Methods of redemption of debt; Debt burden and future generation.
Module- V: Fiscal Policy and Federal Finance 12 Hrs
Meaning, objectives of fiscal policy; Tools of fiscal policy; Deficit financing – meaning,
methods and importance; Concepts of Deficits- Revenue deficit, Budget deficit, fiscal
deficit and Primary deficit; Division of powers and financial resources between Centre
and State; Fourteenth Finance commission.
Reference Books:
1. Public Finance– Bhatia.H. L – Kalyani Publishers – 2006.
2. Public Finance) – B.P.Tyagi – Jai Prakash Nath and Co – 2009.
3. Modern Public Finance – Musgrave and Musgrave
4. Public Finance (2009) – Lekhi - Kalyani Publishers – 2009.
5. Public Finance – Andley and Sundarm – Ratan Prakash Mandir – 2000.
6. Money,Banking and Public Finance –M.L.Seth - Lakshmi Narain Agarwal – 2010.
7. Money,Banking and Public Finance – M.L.Jhingan – Vrinda Publcations – 2009.
NMKRV COLLEGE FOR WOMEN
Department of Economics
CBCS UG Syllabus
V Semester
Indian Economy
(Compulsory Paper)
Module-I – Introduction 12Hrs
Characteristics of Indian economy; India as a developing country; Structure of Indian
economy. New Economic Policy – Liberalization, Privatization and Globalization;
Structural Adjustment and Stabilization Programme; Main sectors of reforms - Fiscal
sector, Financial sector, Industrial sector, Public sector and External sector; Global Crisis
and its impact on Indian Economy.
Module-II – Demographic Features 12 Hrs
Importance of human resource in economic development; Trends in population growth-
Growth rate, Density of population, Age composition, Sex composition, Life expectancy,
Literacy rate and Occupational distribution of population; Causes for and effects of
population growth; Measures to control population growth; Population polcy-2000.
Module-III – Agriculture 12 Hrs
Role of agriculture in Indian economy; Trends in agricultural production; Land reforms
in India- objectives, land reform measures, achievements and defects; Agricultural
finance; Agricultural marketing and Agricultural price policy; Agricultural labour-
meaning and types.
Module-IV- Industry 12 Hrs
Classification of industries; Industrial policy-1948, 1956, 1977.1990 and 1991; Industrial
finance; Small-scale industries- meaning, importance and problems; Meaning and
features of industrial labourers; Labour sector reforms.
Module-V – Infrastructure 12 Hrs
Meaning, importance and types of infrastructure; Energy sector-growth and problems,
Development of Transport and communication, Education and Health.
Reference Books:
1. Indian Economy: Performance and Policies – Uma Kapila – Academic
Foundation – 2018.
2. Indian Economy - A.N.Agarwal and M.K.Agarwal – New Age International
Publishers – 2014.
3. Indian Economy - Gaurav Datt and Ashwini Mahajan – S.Chand Publishing Co-
2016.
4. Agricultural Problems in India- C,B. Memoria ·Kitab Mahal – 2003.
5. Indian Economy by Mishra and Puri Himalaya Publishing House, New Delhi –
2017.
6. Bharatada Arthika Vyavasthe – HRK – Sapna Book House, Bangalore – 2003.
NMKRV COLLEGE FOR WOMEN
Department of Economics
CBCS UG Syllabus
V Semester
Development Economics – I (A)
Module-I- Introduction 14 Hrs
Meaning, definitions and differences between Economic Growth and Development;
Classification of countries as per the World Development Report; Determinants of
Economic Development; Obstacles to economic development; Features of
underdeveloped economies; Education and Development; Health and Development.
Module- II – Measurement of Economic Development 12 Hrs
Methods to measure the economic development – Gross National Product, Per capita
Income, Economic welfare, Social indicators, Human Development Index, Physical
Quality of Life Index, Standard of living.
Module - III – Sustainable Development 10 Hrs
Meaning, definitions and evolution of Sustainable Development; Objectives of
Sustainable Development; Policies for Sustainable Development; Measurement of
Sustainable Development.
Module – IV - Measures for Economic Development 10 Hrs
Capital formation & Economic Development, Human Resources and Economic
Development, Foreign Direct Investment and Economic Development.
Module – V - Theories of Economic Development 14 Hrs
Adam Smith, Ricardian, Malthusian, Mill’s, Marxian and Schumpeterian Theories of
Economic Development.
Reference Books:
1. Economics of Development and Planning – S.K.Misra and V.K.Puri – Himalaya
Publishing House – 2014.
2. Economic Development and Planning – M.L.Jhingan – Vrinda Publications –
2009.
3. Economics of Development and Planning –M.L. Seth – Lakshmi Narain Agarwal
– 2011.
4. Economics of Development and Planning – Lekhi – Kalyani Publishers – 2006.
5. Economics Development and Planning - Dhingra I.C. – Sultan Chand and Co –
2010.
6. Theory and Practice of Economic Planning –M.L. Seth & Manohar Lal– Sultan
Chand and Co– 2011.
7. Human Development Report – UNDP.
8. Abhivruddhi Arthashastra – H.R. Krishnamurthy & H.C. Veerappagowda – Sapna
Book House-2015.
NMKRV COLLEGE FOR WOMEN
Department of Economics
CBCS UG Syllabus
V Semester
Economic Doctrines – (B)
Module – I –Pre- Classical Economic Doctrines 10 Hrs
Mercantilism (1500- 1750) – Physiocracy – Natural Order – Circulation of Wealth – Net
Product – Critical estimate.
Module – II – Classical Economists 15 Hrs
Adam-Smith – Division of Labour; Canons of Taxation; Public finance; Free Trade and
Protection; T.R. Malthus – Theory of Population; Theory of Glut; David Ricardo –
Theory of Rent; Theory of International Trade; J.B.Say’s Law of Market; J.S.Mill –
Stationary State.
Module–III–Socialist Economists 10 Hrs
Robert Owen – Karl Marx – Materialistic Interpretation of History, Class struggle,
Labour Theory of Value, Theory of Surplus Value.
Module – IV– Marginal Revolution 15 Hrs
Carl Menger, W.S. Jevons, Leon Walras, Bohm-Bowerk, Alfred Marshall – Marginal
Utility and Demand, Consumer’s Surplus, Elasticity of Demand, Time element, The
Representative Firm, Quasi Rent; Joan Robinson – Imperfect Competition.
Module – V– Keynesian Economics 10 Hrs
Keynes – Theory of Employment, Consumption Function, Liquidity Preference Theory,
Role of Government, Deficit Financing.
Reference Books:
1. Economic Doctrines - G.B. Sheshadri – B. R. Publishing Corporation – 1999.
2. History of Economic Thought – M.L.Jhingan,M.Girija and L.Sasikala – 2011.
3. History of Economic Thought – A Critical Perspective – E.K.Hunt and Mark
Lautzenheiser - Prentice Hall India Learning Private Limited -2011.
4. History of Economic Thought – T.N.Hajela – Ane Books – 2015.
5. Arthika Chintane – HRK – Sapna Book House – 2002.
6. Arthika Tatvagalu – Dr.H.R.Krishnaiah Gowda – Spandana Prakashana- 2006.
NMKRV COLLEGE FOR WOMEN
Department of Economics
CBCS UG Syllabus
V Semester
Economics of Tourism– (C)
Module – I – Introduction to Tourism Economics 12 Hrs
Tourism – meaning , definitions , nature ,and scope ; Fundamental concepts – Tourist ,
Travelers , Visitor , Transit Visitor , Excursionist; Leisure , Recreation and Tourism and
their inter-relationship; Tourism Development and National Economy; Contribution of
tourism industry to GDP; Importance of tourism industry in India and Karnataka;
Historical dimensions of tourism; Factors influencing growth and development of
National and International tourism; Impact of industrialization and technological
advancement on tourism industry.
Module – II –Demand and Supply Aspects of Tourism 14 Hrs
Demand for Tourism – Factors influencing tourism demand, trends in tourism demand ;
Supply of Tourism – Market structure and tourism supply, trends in supply of tourism ;
Economic impact of tourism – Income and employment ,Balance of Payments ,Foreign
Exchange; Socio-cultural impacts of tourism – Cultural exchange among nations and
international understandings; Impacts of tourism on ecology and environment.
Module - III – Infrastructure and Forms of Tourist Transportation 10 Hrs
Tourism Infrastructure- Types, forms and significance; Accommodation; Forms and
types of tourist transportation- Air, surface and water; Karnataka tourism – Growth and
development of tourism, contribution of tourism to state GDP , role of KSTDC and
private agencies in growth of tourism industry in Karnataka.
Module - IV – Tourism Marketing 10 Hrs
Core Concepts in Marketing – Products market; Tourism forecasting – Product life cycle;
New product development; Customer satisfaction and related strategies; Marketing of
Airlines, Hotel ,Resort , Home stays, travel agencies and other tourism related services;
Challenges and strategies.
Module - V – Tourism Policy and Planning 14 Hrs
Role of Government – Public and private sectors, role of international multinationals,
state and local tourism organizations; Tourism policy 1982 and 2002; Investment
opportunities and government policy (Hotel and Tourism Industry) , sources of funding.
Reference Books:
1. International Tourism Management- Bhatia, A.K., -Sterling Publication-2006.
2. Successful Tourism Management (Vol-1 & 2) – Seth, P.N.-1992.
3. Travel Agency Management - Chand Mohinder – Anmol Publication.
4. Tourism Development-Design for ecological sustainability – Sharma,J.K.-
Kanishka Publication – 2000.
5. Tourism Marketing – Sinha, P.C. – Anmol Publication – 2011.
6. Marketing and Consumer Behavior – Singh Raghubir – Strling Publications –
2011.
7. Marketing and Consumer Behavior – S.Sumasthi and P.Saravanvel –Vikas
Publications – 2011.
NMKRV COLLEGE FOR WOMEN
Department of Economics
CBCS UG Syllabus
V Semester
Human Resource Management – (D)
Module -I – Introduction 10 Hrs
Meaning and definitions - Scope and importance of Human Resource Management –
Responsibilities and objectives of Human Resource Management – Functions and
Evolution of Human Resource Management; Globalization of Human Resource
Management; Principles and core concepts of Total Quality Management - Human
Resource Management and Total Quality Management; Qualities of a good manager.
Module -II - Human Resource Planning 12 Hrs
Human Resource planning – Meaning, definition and importance; Need for Human
Resource Planning-Objectives of Human Resource Planning -Human Resource Planning
System-Components and Process of Human Resource Planning - Job analysis: Job
Description - Job Specification – Job Design, Job Evaluation and its evaluation methods.
Module-III - Recruitment and Human Resource Management 12 Hrs
Meaning, sources and methods of recruitment; Selection Process – Meaning and Types of
Test types and Interview - Career Planning Process and Career development - Succession
Planning – Meaning and Problems involved in Placement; Induction -Performance
Appraisal and its methods – Transfer – Promotion - Reward policy; Motivation and
Leadership style.
Module –IV - Training of Human Resource 14 Hrs
Meaning of Training - Distinction between Training and Development - Training
objectives–Investment and Training - Identification of Training needs - Principles of
Training - Methods of Training - On the job training methods and Off the job training
methods.
Module – V- Compensation Management 12 Hrs
Meaning, objectives, principles of Wage and Salary Administration; Wage Board and
Pay Commission; Wage incentive- meaning, features, benefits and limitations; Fringe
Benefits-meaning, objectives and types.
Reference Books:
1. Human Resource Management – Shashi K.Gupta and Rosy Joshi – Kalyani
Publishers – 2008.
2. Human Resources and Personnel Management- Ashwathappa - Tata McGraw Hill
Co. Ltd -2013.
3. Human Resource Management-John Storey – Cengage Learning-2007.
4. Personnel/Human Resource Management-Terry, L.Leap,Michael D. Crino –
Macmillan-1990 .
5. Human Resource Management – Dr.C.B.Gupta –Sultan and Sons – 1977.
6. Personnel Management and Human Resources - C .V. Venkataratnam and B.K.
Srivastav -- Tata McGraw Hill Co. Ltd – 1991.
7. Dynamics of Industrial Relations – Dr. C.B.Memoria, Dr. Satish Memoria , and
S.V . Gankar – Himalaya Publishing House-2006.
8. Human Resource Management – Dr. K.Venkataramana – Seven Hills Book
Publications – 2011.
NMKRV COLLEGE FOR WOMEN
Department of Economics
CBCS UG Syllabus
VI Semester
Indian Economy
(Compulsory Paper)
Module - I – National Income of India 10 Hrs
Meaning and importance national income; Concepts of national income; Methods of
measuring national income; Trends in Indian national income; Meaning types and extent
of poverty in India.
Module - II – Foreign Trade of India 14 Hrs
Trends of Indian foreign trade in volume, exports and imports; Features of Indian foreign
trade; Balance of Payments of India; Foreign trade policy; WTO and India
Module -III – Financial System of India 14 Hrs
Structure of Indian Money market; Nationalization of Commercial Banks and its
achievements; Regional Rural Banks and NABARD; Banking Sector reforms; Functions
of RBI and Monetary policy.
Module - IV – Public Finance 14 Hrs
Revenue sources of central government; Trends in public expenditure of the central
government; Classification of Public Debt; Fiscal policy- Meaning and objectives; 14th
Finance commission.
Module-V- Economic Planning in India 08 Hrs
Meaning and need for Economic planning; Evolution of Planning in India; Machinery for
plan formulation in India –Achievements and failures of Five-year plans; NITI Ayog.
Reference Books:
1. Indian Economy: Performance and Policies – Uma Kapila – Academic
Foundation – 2018.·
2. Indian Economy - A.N.Agarwal and M.K.Agarwal – New Age International
Publishers – 2014.
3. Indian Economy - Gaurav Datt and Ashwini Mahajan – S.Chand – 2016.
4. Agricultural Problems in India- C,B. Memoria ·Kitab Mahal – 2003.
5. Indian Economy – S.K. Misra and V.K.Puri Himalaya Publishing House, New
Delhi – 2017.
6. Bharatada Arthika Vyavasthe – HRK – Sapna Book House, Bangalore – 2003.
NMKRV COLLEGE FOR WOMEN
Department of Economics
CBCS UG Syllabus
VI Semester
Development Economics – II (A)
Module- I – Post-Classical Theories of Development 10 Hrs
Keynesian Concepts – Theory of Employment, Compensatory fiscal policy; Rostow’s –
Stages of Economic Development; Big Push Theory; Critical Minimum Effort Thesis;
Balanced and Unbalanced Theories Economic Growth.
Module- II – State and Development 10 Hrs
Role of Planning in Economic Development; Types of Planning (at conceptual level)
Macroeconomic policies for Development –Monetary and Fiscal Policies.
Module – III – Sectoral Development 12 Hrs
Role of Agriculture, Industry, Service Sectors in Economic Development; Role of
Infrastructure in Development.
Module – IV– Poverty and Inequality 14 Hrs
Poverty- Meaning and types; Measurement of Poverty – Lorenz curve; AK. Sen’s
Capability Building Thesis; Economic inequality between Developed and Developing
countries; Gender inequality – meaning.
Module – V– International Trade and Development 14 Hrs
Role of foreign Trade in Economic Development; Secular deterioration of terms of trade
in Developing countries; Inward and Outward looking Strategy (Domestic and foreign);
Globalization – Pros and cons for Developing countries. MNC –Influence on
Development.
Reference Books:
1. Economics of Development and Planning – Mishra and V.K.Puri – Himalaya
Publishing House – 2014.
2. Economic Development and Planning – M.L.Jhingan – Vrinda Publications –
2009.
3. Economics of Development and Planning –M.L.Seth – Lakshmi Narain Agarwal
– 2011.
4. Economics of Development and Planning – Lekhi – Kalyani Publishers – 2006.
5. Economics Development and Planning - Dingra I.C. – Sultan Chand and Co –
2010.
6. Theory and Practice of Economic Planning –M.L.Seth and Manohar Lal– Sultan
Chand and Co– 2011.
7. Human Development Report – UNDP.
NMKRV COLLEGE FOR WOMEN
Department of Economics
CBCS UG Syllabus
VI Semester
Rural Development and Cooperation - (B)
Module – I – Introduction to Rural Development 08 Hrs
Rural Development – meaning, nature, scope and importance; Problems of Rural
Economy; Rural Poverty – Causes, Poverty alleviation programmes – Social Welfare
Programmes, Community Programmes, Employment Guarantee Schemes – MGNREGS,
Health and Sanitation Programmes.
Module – II –Issues in Rural Development 12 Hrs
Agriculture – Productivity trends; Land Reforms –Meaning, objectives and measures;
National Agricultural Policy; Water Resource Management; Social forestry and Forest
preservation; Rural Industrialization; PURA Model; Food security in rural areas through
PDS; Direct Cash Transfer Scheme.
Module – III – Financing Rural Development 14 Hrs
Meaning types and need of rural credit; NABARD and Rural Development; District
Union of Farmers Service Societies; Decentralized Credit Planning; District Credit
Planning; Block Level Planning; 20 Points Programmes and Rural Development; Role of
NGO’s in Rural Development; Role of Gram Panchayat in Rural Development; Grama
Sabha; Grameena Banks; Micro finance- Self Help Groups.
Module – IV – Cooperation 12 Hrs
Cooperation – Meaning, significance, principles; Cooperation and Economic
Development; Partial view of Cooperative movement in UK and Germany; Growth of
Cooperative movement in India with special reference to Karnataka; Problems of
Cooperative movement.
Module – V – Agricultural and Non-Agricultural Cooperatives 14 Hrs
Cooperative v/s Collective Farming; Service cooperatives; Cooperative Agricultural
Marketing; Cooperative processing of agricultural produce; Consumer Cooperatives;
Cooperative Housing; Urban Financial Cooperative societies; Dairy Cooperative; Mixed
Cooperatives; Agricultural Cooperative Credit (primary, district and state); Cooperative
Training and Education.
Reference Books:
1. Indian Economy – K.P.M.Sundharam and Ruddar Dutt – S.Channd and Co. Ltd –
1970.
2. The Indian Economy – Dhingra I.C. - Cosmos Bookhive Pvt Ltd – 2014.
3. Indian Economy – Its Development Experience, -Misra S.K. and Puri VK. –
Himalaya Publishing House – 2010.
4. Indian Economy - Its nature and problems – Alak G - World Press Pvt Ltd-1970.
5. Bharatada Arthika Vyavasthe – HRK – Sapna Book House – 2015.
6. Gramenabhivruddhi mattu Sahakara - Dr.H.R.Krishnaiah Gowda – Spandana
Prakashana-2015.
7. Agricultural Economics – B.P.Tyagi – Jai Prakash Nath andCo – 2009.
8. Rural Development – Vasant Desai – Hiamalaya Publishing House – 2012.
9. Cooperation – T.N.Hajela – Ana Publishing House – 2012.
10. Karnataka Economic Survey, Economic Journals pertaining to Karnataka
Economy, Annual Budget Documents. Kurukshetra, Yojana, Pratiyogitha Darpan
etc.
NMKRV COLLEGE FOR WOMEN
Department of Economics
CBCS UG Syllabus
VI Semester
Hospitality Economics (C)
Module –I - Introduction to Hotel economics 12 Hrs
Meaning - definition- scope and importance of Hotel Economics - ownership structure:
pavement hotels - Sole-proprietorship - partnership- Franchisees - Management Contract
– their advantages and disadvantages. – ITDC – KSTDC - Hotel management:
managerial skills and roles – managerial ethics and organizational culture - Organization:
concept of organizing hotel industry - organizational structure and design - line and staff-
authority and responsibility - span of control - delegation - decentralization.
Module-II- Growth and Development of Hotel Industry 14 Hrs
Development of hotel industry over the ages - Indian hotel industry in comparison with
international hospitality - Front office: Layout - sections - and Qualities of Front Office
staff. - Housekeeping: concept- importance and scope – marketing of hotel products:
Marketing Strategies - Marketing Mix – Planning - Marketing Department Organization
- Food and beverages: Introduction - types-Organization of F&B Services in different
types of Hotels - Factors involved in hotel industry: catering - Classification -
commercial and non-commercial - engineering and maintenance - Finance and
accounting ; Accounting concepts-classification of accounts - rules of debit and credit-
classification of hotel departments: revenue and non-revenue-inter and intra departmental
linkages and coordination.
Module-III- Hotel industry and Tourism 10 Hrs
Link between tourism and hospitality industry - trends in hospitality industry in India and
Karnataka - emerging trends of hospitality industry - issues and challenges – prospects -
Quality aspects in hotel industry - health and hygiene – hotel occupancy issue.
Module –IV-Demand and Supply of hotel industry 12 Hrs
Nature of demand: determinants of demand - nature of tourism demand - supply of
hospitality – determinants of tourism and hospitality supply - changes in supply and
demand since 1991-Strategies in hotel management: profit measurement and profit
planning - cost benefit analysis - determinants of investment decision in tourism and
hospitality.
Module-V- Policy and Planning 12 Hrs
Government policy towards hotel industry – controls-regulations and initiatives towards
growth and development of tourism and hotel industry in India and Karnataka - problems
of hotel industry - measures (monetary and non-monetary) - employment of child labour
– Social Security in hotels - Hotel Security: concept- importance – Type - Organization
structure - Application of security in Hotels - scope and trends.
Reference Books:
1. Hotels for Tourism Development - Dr. Jagmohan Negi – Sterling Publishers – 2009.
2. Principles of Grading and classification of hotels, Tourism restaurant & resorts –
Dr. J. Negi - Sterling Publishers – 2010.
3. Management Theory & Practice - C.B.Gupta, - Vikas publishers – 2011.
4. Introduction to Hospitality Industry - Bagri SC & Dahiya Ashish- Aman Publications - 2008.
5. Introduction to Hospitality, -Walker John R. Prentice Hall of India- 2010.
7. Front Office Management – Bhatnagar S.K – Himalaya Publishing House – 2011.
NMKRV COLLEGE FOR WOMEN
Department of Economics
CBCS UG Syllabus
VI Semester
International Business Environment (D)
Module – I 10 Hrs
Meaning and Definition – Concepts, Significance and nature of business environment, elements business of environment
Module – II 15 Hrs
Economic Environment of Business.; Significance and elements of economic environment;
Economic systems and business environment – Economic planning in India – Government policies – Industrial policies – Monetary and Fiscal Policies, Public Sector and economic
development.
Module – III 15 Hrs
International and Technological environment; Multinational Corporations – Foreign
Collaboration in Indian Business; Foreign Direct Investment – Merits and Demerits with special reference to India; FIIs – International economic institutions, IMF, IBRD WTO, Dispute
settlement in WTO regime, WTO and its impact on Indian Economy.
Module – IV 10Hrs
Economic Reforms – Need for Economic Reforms – Main features of reforms – Structural changes – Privatization, Globalization and Liberalization.
Module – V 10 Hrs
Foreign Trade of India – Features, Trade Policy, Export and Import Bank, India’s Balance of Payments, disequilibrium – Methods of correcting BoP disequilibrium.
Reference Books:
1. Economic Environment of Business – Mishra and V.K.Puri – Himalaya Publishing –
2011.
2. Money Banking and International Trade – M.L.Jhingan – Vrinda Publications – 2009.
3. Money Banking and International Trade – M.L.Seth –Lakshmi Narain Agarwal – 2011.
4. Money Banking and International Trade – M.C.Vaish –Wiley Eastern Bangalore– 2000.
5. Economic Development and Planning – Dingra I.C – Sultan Chand and Publications –
2010.