MA ECONOMICS
I EC 211: MICRO ECONOMICS – I (Hours per semester: 120 Hours per week: 7) Objectives The purpose of the course is to provide an understanding of the principles of economics in application to individual decision makers, both consumers and firms. This course equips the students themselves with the various aspects of the conventional as well as the recent developments in microeconomic theory.
EC 212: ECONOMICS OF GROWTH AND DEVELOPMENT (Hours per semester: 110 Hours per week: 6) Objectives Development Economics represents an engaging branch of Economics. A course on the Economics of Growth and Development connects students of Economics to academic concerns, policies and practical solutions relevant for progression of all economies. The objective of this paper is to familiarizing students with the conceptual routes, theoretical dynamics and practical strategies of growth and development. It is expected that this course would orient them towards major themes of development, lead them towards more methodical probes and equip them with adequate analytical knowledge
EC 213: INDIAN ECONOMIC POLICY – I (Hours per semester: 110 Hours per week: 6) Objectives The Purpose of this course on Indian Economy is to enable the students to have an understanding of the various issues of the Indian Economy with a policy perspective. The focus of the syllabus is on the development perspectives of Indian Economy during the post Liberalization period since 199
EC 214: QUANTITATIVE METHODS FOR ECONOMICS (Hours per semester: 110 Hours per week: 6) Objectives The key objective of this paper is to provide the students an insight into the importance of quantitative methods in Economics and enable them to introduce and apply these techniques in finding solutions to economic problems. The course also aims at: (1) familiarizing the students the basic quantitative techniques used in economic analysis, (2) enabling the students in making use of a quantitative approach in formulating economic problems, and (3) inculcating analytical ability in finding solutions to mathematically formulated economic problems.
EC 221: MICRO ECONOMICS – II (Hours per semester: 120 Hours per week: 7) Objectives This course is intended to give insights into developments in the areas of theories of distribution, general equilibrium, welfare economics, uncertainty and informational asymmetry and behavioral economics EC 222: ECONOMICS OF SOCIAL SECTOR AND ENVIRONMENT (Hours per semester: 110 Hours per week: 6) Objectives This course is designed to enable students to: (1) Understand and apply the key economic concepts in the context of social sectors like education, environmentand healthcare, (2) Appreciate how economic factors contribute to the development and implementation of educational policies, (3) Identify the major theories governing the development of human resources, school improvement and development, (4) Recognize the important linkages between the environment and economics, (5) Be aware of the key environmental issues around the globe, and (6) Understand approaches to identify and value costs and outcomes to include in economic evaluation of the environment through benefit cost analysis.
EC 223: INDIAN ECONOMIC POLICY – II (Hours per semester: 110 Hours per week: 6) Objectives The objectives of this course are: (1) to introduce the basic concepts of economics to the students so as to enable them for further learning in Indian and Kerala Economy, (2) to equip the students with the basic idea for further learning, and (3) to help them to analyze the sectoral development that has taken place India as well as in Kerala economy
EC 224: ECONOMETRICS AND RESEARCH METHODOLOGY (Hours per semester: 110 Hours per week: 6) Objectives The objectives of this course are: (1) to create an understanding among the students on basic econometric methodology, (2) to train the students in applying economic theories to real economic data by means of empirical models, and (3) to give a comprehensive idea on the process of doing research in economics.
EC 231: MACRO ECONOMICS – I (Hours per semester: 120 Hours per week: 7) Objectives Macro Economics paper has two parts, spread across third and fourth semesters. In the third semester, the important areas covered under Macro Economics I are development of macro economics after Keynesian revolution including Neo-classical and Keynesian synthesis, behaviour foundations of macro economics, theoretical foundations of demand and supply of money and macroeconomic model in an open economy context. The important objective of the paper is that the students should able to understand the structural underpinnings of theoretical development of macroeconomic thoughts and their application
EC 232: INTERNATIONAL ECONOMICS – I (Hours per semester: 110 Hours per week: 6) Objectives This course offers an introduction to the main theoretical tools and policies that are central to the study of international trade, but with an emphasis on application to the trade flows, trading blocks and international macroeconomic events that characterize the global economy today. The ability to use economic analysis to reach a deeper understanding of international trade will be an important formative element for those who intend to develop careers in international business and management
EC 233: PUBLIC ECONOMICS (Hours per semester: 110 Hours per week: 6) Objectives The important objective of this course is that the student should able to understand the regulatory and developmental responsibilities of government in a democratic country like India. It covers the theoretical and empirical dimensions of public goods and public choice, fiscal instruments and fiscal federalism with special reference to Indian context. It also covers the present fiscal management issues of India.
EC 241: MACRO ECONOMICS – II (Hours per semester: 120 Hours per week: 7) Objectives The important areas included in this portion are the theoretical development of the macroeconomic issues of inflation, unemployment and business fluctuations. The development of macro economics after Keynesian revolution, divided into classical school and Keynesian school, and the impacts of various macroeconomic policies in the society are also covered here. By learning this paper, the students should able keep abreast with the latest development of macroeconomics development.
EC 242: INTERNATIONAL ECONOMICS – II (Hours per semester: 110 Hours per week: 6) Objectives The objective of this course is to introduce to students the theories of international finance flows, determination of interest and exchange rates in interconnected economies, macroeconomic policies available to the government, and the nature of financial crises. The course also aims to provide a framework for consistent reasoning about international flows of goods, factors of production, and financial assets, trade policy and monetary policy in open economy.
EC 243: FINANCIAL SECURITIES MARKET ANALYSIS (Hours per semester: 110 Hours per week: 6) Objectives This course is designed to provide comprehensive study of the significance of Securities Market in modern financial system. It includes a discussion of the efficient securities markets theory in finance, covers bond pricing, price-earnings models of share valuation, and introduces the top down approach to investment decisions. The emphasis is on a thorough coverage of modern finance theory as applied to investment analysis, balanced with a consideration of new developments in the discipline, and of the application of both old and new theoretical perspectives to understand the current environment for financial investment decisions
EC 244: DISSERTATION Objectives The objective of dissertation work is to develop research aptitude and skills among the students
OPTIONAL PAPERS IN THIRD SEMESTER
EC 201: AGRICULTURAL ECONOMICS (Hours per semester: 110 Hours per week: 6) Objectives The objective of this course is to develop the knowledge and understanding of basic principles and practice of Economics as required in Agricultural Economics. The course also aims at equipping the students with the knowledge and skills required to analyze the agricultural economic issues for efficient use of scarce resources in agriculture sector and its development, consistent with the interest of all stake holders
EC 202: ECONOMICS OF INSURANCE (Hours per semester: 110 Hours per week: 6) Objectives This course on Insurance Economics attempts to give a fairly comprehensive view of the subject to the post-graduate students in Economics and pave the way for possible future expansion of the teaching of an important branch of Economics. The objectives of the paper are: (1) to obtain an overview of the essential concepts in insurance economics, (2) to develop an understanding of the structure of the insurance industry, (3) to understand the main types of insurance available to business and individual, (4) to understand the implications of asymmetric information for insurance contracting, and (5) to be able to explain and evaluate real-life insurance product design from an economic point of view
EC 203: LABOUR ECONOMICS (Hours per semester: 110 Hours per week: 6) Objectives The objective of this course is to develop abilities in understanding the functioning of labour markets. It introduces students to the economics of labour market through a blend of theoretical and empirical analyses. It also deals with different aspects of the labour market such as labour organization, labour relations and labour legislations, wage and employment theory, collective bargaining theory and social security and welfare measures, et
EC 204: LAW AND ECONOMICS (Hours per semester: 110 Hours per week: 6) Objectives The course covers the descriptive, theoretical and empirical analysis of various issues in the law and economics. This includes how the legal aspect influences the economic behavior and how economic tools can be used for the better understanding of law etc. It covers the method of law and economics, property rights, Contract, accidents and liabilities, crime and punishment, the legal procedures of dispute resolution. The course should enable the students to analyse the legal issues in connection with economic situation concretely.
EC 205: MATHEMATICAL ECONOMICS (Hours per semester: 110 Hours per week: 6) Objectives The objectives of this course are: (1) to help the students to study the nature and extent of relationships among economic variables by using mathematical tools, and (2) to apply these tools in solving the economic and business problems.
EC 206: URBAN PLANNING (Hours per semester: 110 Hours per week: 6) Objectives The important objective of this course is to introduce the discipline of planning and planning history; to expose planning theory and practice; and to make aware of the institutional mechanism involved in planning and implementation process. After studying this course students should able to understand the planning process, theory and practice and its role in planning of cities; appreciate of the role of historical developments in planning and its evolution and trace these influences to the current situation; understand the institutional mechanisms involved in urban planning and to develop capacity to understand multiple often conflicting factors to be balanced in planning for an urban area
OPTIONAL PAPERS IN FOURTH SEMESTER
EC 207: ADVANCED ECONOMETRICS (Hours per semester: 110 Hours per week: 6) Objectives The objectives of this course are: (1) to develop analytical skills needed to work successfully with real economic data and (2) to make the students understand empirical research techniques thus equipping them in the formulation, specification and estimation of econometric models.
EC 208: DEMOGRAPHY (Hours per semester: 110 Hours per week: 6) Objectives The course covers the dynamics of population growth, theoretical side of population, demographic data sources and the link between demography and socio-economic development of a society. The course should enable the students to understand the theoretical, empirical and policy implications of demographic issues in a developing country like India
EC 209: ECONOMICS OF INFRASTRUCTURE (Hours per semester: 110 Hours per week: 6) Objectives The role and significance of infrastructure in a country’s development need to be thoroughly examined. The paper ‘Economics of Infrastructure’ deals with the various segments of infrastructure and its contribution as growth stimulants. The content of the paper expose the student wholly to the issues involved in the development of infrastructure in developing countries like India
EC 2010: INDUSTRIAL ECONOMICS (Hours per semester: 110 Hours per week: 6) Objectives The course is designed to use theoretical models to understand industries and regulatory decision making and so students should expect to use diagrams and some basic mathematical models. It also provide guidelines to urge through knowledge to the students on the basic issues in the industrial development of India. In addition, course aims for the students acquire fair knowledge of international experience of industrial progress
EC 2011: WELFARE ECONOMICS (Hours per semester: 110 Hours per week: 6) Objectives Evaluation of normative significance of economic events and issues forms the framework of welfare economics, branches of economics such as public finance, cost-benefit analysis and economics of government policy use welfare economic criteria as their foundation
EC 2012: WOMEN AND DEVELOPMENT (Hours per semester: 110 Hours per week: 6) Objectives The objectives of this course are: (1) to interpret economic development policy concerns and debates from a feminist economics perspective, (2) to evaluate various popular schemes to reduce gender inequalities and promote women’s well-being in developing countries especially India, (3) to introduce the role of women in the development process and the multiple dimensions of the role of women in the production process of the economy, and (4) to gain a critical perspective and knowledge of how gender matters in development economics