Distance Education IASE Syllabus BA Political Science

This articles gives you the complete information and details of the IASE Syllabus for Distance Education Course in BA Political Science. Now you can do BA Political Science by Distance Learning through the Deemed University IASE in Rajasthan.

Distance Education IASE Syllabus BA Political Science

BACHELOR OF ARTS

(POLITICAL SCIENCE)

FIRST YEAR

SCHEME :

Two Papers Max. Marks – 200 Min. Pass Marks - 72

Paper – I Duration 3 Hours 100 Marks

Paper – II Duration 3 Hours 100 Marks

PAPER – I

FOUNDATIONS OF POLITICAL SCIENCE

BAG 109

Max. Marks: 100 Duration : 3 hrs. Min. Marks. : 36

UNIT – I (Introduction)

Nature and Scope; Traditional and Contemporary Perspective of Political Science; Inter-disciplinary Approach to the study of Political science; Relation of Political Science with other Social Sciences (Economics, History, Geography and Psychology).

UNIT – II (Approaches and Concepts)

Behaviouralism; System approach; Functional approach — Power, Authority, Legitimacy; Political System; Political Development; Political Modernization.

UNIT – III (Democracy and Dictatorship)

Introduction; Political Parties and Pressure groups; Theories of representation; Rule of Law and Constitutionalism.

UNIT – IV (Government)

Organs of Government and their functions (with reference to recent trends)

UNIT – V (Political obligation and Theories of State Action)

Idealism; Individualism; Evolutionary socialism — Fabianism and democratic socialism; Marxism; Fascism; Gandhism.

Recommended Books :

            1. A. Ashirvadam : Principles of Political Science

            2. J.S.Bakes & R.B. Jain : Political Science in Transition

            3. R.C.Vermani : Political Theory

            4. J.C. Johari : Principles of Political Science

            5. H.J. Laski : Grammar of Politics

            6. L.S.Rathore : In defense of Political theory

            7. Tripti Jain : Fundamentals in Political Science

            8. A. Appadorai : substance of Politics

            9. R.G. Gettell : Introduction to Political Science

PAPER – II

REPRESENTATIVE INDIAN POLITICAL THINKERS

BAG 110

Max. Marks: 100 Duration : 3 hrs. Min. Marks. : 36

UNIT – I (Ancient Political thinkers)

Manu- Varnadharma and Dandaneeti; Kautilya- theory of kingship, a moral state craft, mandal theory; Shukra.

UNIT – II (Reformist Thinkers)

Raja Ram Mohan Roy; Swami Dayanand Saraswati; Swami Vivekanand.

UNIT — III (Modern Thinkers)

Gopal Krishan Gokale; Bal Gangadhar Tilak; Mohan Das Karam Chand Gandhi- Ahimsa, satyagrah, Swaraj, Village democracy, trusteeship.

UNIT — IV (Radical Thinkers)

Sri Aurobindo Ghosh; Savarkar.

UNIT – V (Contemporary)

Jawaharlal Nehru- democratic socialism; Bhim Rao Ambedkar- Annihilation of caste; M.N.Roy- Radical humanism, Jai Prakash Narain- theory of total revolution. 

References:

            1. R.S. Sharma : Political Ideas in Ancient India

            2. Chandradev Prasad : Political Ideas

            3. A.R.Desai : Social Background of Indian Nationalism

            4. Appadorai : Indian Political Thinking

            5. M.A. Buch : Rise & Growth of Indian Liberalism

            6. L.P.Sinha : Left in Indian Politics

            7. K.P.Karunakaran : Continuity and Change in Indian Politics

            8. c. Bharill : Social and Political Ideas of B.R.Ambedkar

            9. V.P.Verma : Indian Political Thought Vol. I & II

            10. D.B. Mathur : Gokhale : A Political Biography

            11. Virendra Grover : Bal Gangadhar Tilak

12. N.C.bandyopadhyaya : Hindu Politics

SECOND YEAR

SCHEME :

Two Papers Max. Marks – 200 Min. Pass Marks - 72

Paper – I Duration 3 Hours 100 Marks

Paper – II Duration 3 Hours 100 Marks

PAPER – I

SELECT POLITICAL SYSTEM

BAG 209

Max. Marks: 100 Duration : 3 hrs. Min. Marks. : 36

(Students will be expected to study the salient aspect of the political system of the following countries with analytical and comparative perspective.)

UNIT - I  (Government of the U.K)

Salient features of the British Constitution the King and Crown; Reasons for the survival of Monarchy in Britain; The British Cabinet; The Prime Minister the doctrine of Prime Ministerial Government; The British Parliament; The speaker- Powers and functions and comparison with the American Speaker; The committee system; The process of Law making; The Rule of Law; Major Political Parties in Britain.

Unit - II (Government of the U.S.A.)

Main characteristics of the U.S. Constitutional System; American Federalism; The President; The American Congress; The Speaker – his powers and functions; The American Committee System; Legislative Process in the Congress; The Supreme Court – composition and powers – Judicial Review; American Party System – Major Political Parties; Increasing rule of Pressure groups in U.S.A.

UNIT – III ( Political System of Switzerland)

Salient Features of the Swiss Constitution; Federal Assembly and Federal Council; direct Democracy.

UNIT – IV ( Government of France)

Salient Features of Constitution of the fifth Republic of France; Fundamental Rights; French Executive; The President; Prime Minister and the council of Minister; the French Parliament; The Judiciary; Party system; Bureaucracy and Administrative law.

UNIT – V (The Government and People’s Republic of China) 

The Chinese Revolution; Important features of the present constitution of China State Structure; The National People’s Congress - its composition and powers; The State Council – its composition and powers; The Judiciary; The Communist Part of China – its organization – its role in the Government; Deng Xiaping and Huchin Tav – Liberalisation Policies of China; Market Socialism of China; China’s attempts to become a Industrial Giant in Asia.

Recommended Books :

            1. Maurice Durverger : Political Party : their Organisation and activity in the Modern State

            2. Machkentosh : Cabinet Government

            3. V. Bhagwan : World Constitutions

            4. J.C. Johari : Comparative Governments

            5. R.C.Agarwal : World Constitution

            6. Charles A. Beared : American Government and Politics

            7. Ramsay Muir : How Britain is Governed

            8. Wheare – K.C. : Federal Constitution

            9. Barringto, Moore : Social Origins of Dictatorship and Democracy

            10. Banerjee S. : The Chinese Government and Politics

            11. S.E. Finer : Theory & Practice of Modern Government

            12. Dorothy Pickles : The Fifth French Republic

PAPER – II

INDIAN POLITICAL SYSTEM

BAG 210

Max. Marks: 100 Duration : 3 hrs. Min. Marks. : 36

UNIT – I (Introduction)

Evolution of Constitution — Nationalist movement and philosophical foundations; A comparative perspective of Indian constitution with the Constitutions of UK, USA and Switzerland.

UNIT – II (Nature of The Constitution)

Main Features of the Indian Constitution: Parliamentary Democracy, Secularism, Socialism and Federalism; Fundamental Rights and Duties; Directive Principles of State Policy.

UNIT – III (Union Government)

President; Prime Minister and Council of Ministers; Parliament; Supreme Court and Judicial Review; Emergency Provisions.

UNIT – IV (State Government, Election and Political Parties)

Chief Minister; Office of the Governor; Working of parliamentary system in India-Role of leadership coalition government; political parties; Election Commission;  Electoral politics; Electoral reforms in India.

UNIT – V (Major Issues of Concern)

Major problems facing Indian political system — Regionalism, communalism, National Integration; Politics of reservation; Role of caste in Indian Politics; Special status of certain states and its implication.

References:

1. Glend, Alen : Fundamental Rights in India

2. Kodesia : The Problem of National Integration

3. Kothari, Rajni : (Ed.) Party System and Election Studies

4. Kothari, Rajni : Politics in India

5. Morris Jones : W.H. The government and Politics in India.

6. Palmer N.D. : The Indian Political System

7. Alexandrawicz, : Constitutional Government in India  Charles Henry

8. a. Granville : The Indian Constitution Vornerstone of a Nation

9. A. Granville : Problem of National Integration

10. Desai, A.R. (Ed.) : Peasant Struggle

11. Singhvi, L.M. : Union-State relation in India.

12. Weiner, Mynor : State Politics in India

13. Johari J.C. : Indian Political System (English & Hindi)

14. Pylee, M.V. : Constitutional Government in India.

15. Ray, A. : Tension Areas in Indian Federal System.

16. Smith, D.S. : Indian as a Secular State

THIRD YEAR

SCHEME :

Two papers Min. Pass Marks – 72 Max. Marks 200

Paper – I Duration 3 Hours Max.Marks : 100

Paper – II Duration 3 Hours Max.Marks : 100

General Instruction:

Each paper will contain ten questions having two questions from each unit. Candidates are required to attempt five questions in all, selecting atleast one question from each unit.

PAPER – I

Representative Western Political Thinkers

BAG 309

Max. Marks: 100 Duration : 3 hrs. Min. Marks. : 36

UNIT – I (Greek Political Thinkers) 

Plato’s Republic — Ideal State, Education and Communism, Justice; Aristotle’s Politics — Classification of Governments, The Best Practicable State, Causes of Revolution.

UNIT – II (Medieval Political Thinkers)

St. Thomas Aquinas — Church, State and Law; Machiavelli — State Sovereignty, Power Politics, Separation of Ethics and Politics.

UNIT – III (Modern Political Thinkers — I)

Thomas Hobbes — State of Nature, Social Contract, of Sovereignty of the Leviathan; John Locke — Sate of Nature, Social Contract, Natural Rights, The Idea of Limited Government;

UNIT – IV (Modern Political Thinkers — II)

J.J. Rousseau — State of Nature, Social Contract, General Will.

UNIT – V (Contemporary Political Thinkers)

Bentham — Utilitarianism, Political and Legal Reforms; J.S. Mill — On Liberty, Representative Government, Women’s Rights; Karl Marx — Dialectical Materialism, Class Struggle, Proletarian Revolution, Historical Materialism.

Recommended Books :

            1. W. Dunning : A History of Pol. Theories

            2. J.P.Suda : History Pol. Thought Vol. I & II

            3. R.P.Sharma : Western Pol. Thought

            4. R.K.Mishra : Plato and Aristotle

            4. M.B.Foster : Masters of Pol. Thought Vol. I

            5. W.T.Jones : Masters of Pol. Thought Vol. II

PAPER – II

INTERNATIONAL RELATIONS SINCE 1945

BAG 310

Max. Marks: 100 Duration : 3 hrs. Min. Marks. :36

General Instruction:

Each paper will contain ten questions having two questions from each unit. Candidates are required to attempt five questions in all, selecting atleast one question from each unit.

UNIT – I (United Nations)

The League of Nations and its foundation; Working and a critical evaluation.

UNIT – II (Cold War)

Factors and forces of cold war; Decolonisation and the emergence of new states in Asia and Africa; Non alignment — Meaning, and its impact on World Politics.

UNIT – III (Foreign Policies of Some Important Countries)

USA, China, Russia, Pakistan and Japan.

UNIT – IV (India’s foreign policy)

Main features; Relations specially with neighbouring countries and Israel.

UNIT – V (Miscellaneous) 

Arab-Israel relations; Disarmament; New Economic and Political trends in Europe; South-South dialogue; North South dialogue and the New Internal Economic Order; South Asian Association of Regional/Cooperation (SAARC); Emerging trends in International Politics.

Books Recommended-

1. F.S.Northedge (ed.): Foreign Policies of the Powers

2. V.P. Dutt: India’s Foreign Policy

            3. Anam Jaitely : International Politics : Trends and Issues.

            4. Mahendra Kumar : International Politics.

            5. Friedman : Introduction to World Politics.

6. R.A. Scalapino (ed.): Foreign Policy of Modern Japan.

             

IASE Syllabus BA Economics, BACHELOR OF ARTS (ECONOMICS) Distance Education

IASE University Rajasthan is offering BA (Economics) through correspondence Distance Education Mode. The students can now enroll in the BA Eco course in the IASE

IASE University Complete Syllabus 

IASE Syllabus BA Economics, BACHELOR OF ARTS (ECONOMICS) Distance Education

(10+2+3 Pattern)

FIRST YEAR

SCHEME :

Two Papers Max. Marks – 200 Min. Pass Marks - 72

Paper – I Duration 3 Hours 100 Marks

Paper – II Duration 3 Hours 100 Marks

PAPER – I

MICRO ECONOMICS

BAG 107

Max. Marks: 100 Duration : 3 hrs. Min. Marks. : 36

UNIT - I

Introduction

Definition, Nature and scope of economics; Methodology in economics; choice as an economic problem; basic postulates; Role of price mechanism; Demand and supply; Basic framework-applications; Equilibrium of Market.

UNIT – II

Theory of Consumer’s Behaviour

Utility analysis - Cardinal and ordinal approaches; Indifference curve analysis; Consumer’s equilibrium (Hicks and Slutsky); Price substitution and Income effects; Normal, inferior and giffen goods; Price consumption curve and derivation of demand curve; Compensated demand; Elasticity of demand-Price, income and cross; consumer’s suplus; Engle curve.

UNIT – III

Theory of Production and Costs

Objectives of a firm; Production function; Iso-quant, factor substitution; law of variable proportions; returns to scale; economics of scale; different concepts of cost and their interrelation; Equilibrium of the firm; Expansion path.

UNIT - IV

Market Structure

Market forms – Perfect and imperfect market; Equilibrium of a firm- Perfect competition, monopoly and price discrimination, Measure of monopoly power, Monopolistic competition, Duopoly, Oligopoly (Kinked demand curve); Taxation and equilibrium of a firm, Notion of controlled and administered prices.

UNIT - V

Factor Pricing

Marginal productivity theory of distribution; Factor pricing under perfect and imperfect competition in labour market; Ricardian Theory of rent; Modern theory of rent and quasi-rent; Classical theory of interest; Liquidity preference theory of interest; Risk and uncertainty theory of profit.

Recommended Books :

1. Heathfield and Wibe (1987), An introduction to cost and Production functions, Macmillan, London.

2. Koutsoyiannis, A. (1990), Modern Microeconomics, Macmillan.

3. Lipsey, R.G. and K.a. Chrystal (1999), Principles of Economics (9^th Edition), Oxford University Press, Oxford.

4. Mansfield, E. (1997), Microeconomics (9^th Edition), W.W. Norton and Company, New York.

5. Bach, G.L. (1977), Economics, Prentice Hall of India, New Delhi.

6. Gauld, J.P. and Edward P.L. (1966), Microeconomic Theory, Richard Irwin, Homewood

7. Varian H.R. (2000), Intermediate Microeconomics: a Modern Approach (5^th Edition), East-West Press, New Delhi.

8. Henderson J. and R.E. quandt (1980), Microeconomic Theory : A mathematics Approach, Mc Graw Hill, New Delhi.

9. Ray, N.C. (1975), An introduction to Microeconomics, Macmillan company of India Ltd., Delhi

10.     Ryan, W.J.L. (1962)- Price theory, Macmillan and Co. Limited, London.

11.     Samuelson, P.A. and W.D. Hague (1972), A Textbook of Economic theory, ELBS & Longman Group, London.

PAPER – II

INDIAN ECONOMIC THOUGHT

BAG 108

Max. Marks: 100 Duration : 3 hrs. Min. Marks. : 36

UNIT – I (Introduction)

Economic thinkers of Ancient India; Major source and books of Ancient economic ideas; Definition and scope of economics according to Kautilya and Shukra. Basic assumptions – integral man, Integrated rationality Dharma, based economic structure and Four Purusarthas. Human wants – nature, origin and kinds. The concept of restrained consumption and co-consumption; Meaning and importance of wealth and code of conduct for earning and spending.

UNIT – II (Ancient Thoughts) 

Economic ideas of Manu, Shukra and Kautilya in the field of consumption, production, exchange, distribution and public finance.

UNIT – III (Pre-independence Reformist Ideas)

Economic thought of Swami Dayanand Saraswati, Economic Ideas of Swami Vivekanand.

UNIT – IV (Pre-independence Nationalist Ideas)

 Dada Bhai Nrauji, Mahadev Govind Ranade, Gopal Krishna Gokhle, R.C. Dutt, M.N. Roy and M.K. Gandhi.

UNIT – V (Contemporary Thinkers)

Major Economic thoughts of Dr. B.R. Ambedkar, J.L. Nehru, Ram Manohar Lohiya, Vinoba Bhave, Deen Dayal Upadhayay and Amratya sen.

References:

1. Kautilya (1951), Arthshastra translated by R.Sharma Shastry.

2. Kulkarni S.A., (1987) : Ekatma Arthniti Suruchi Prakashan, New Delhi.

3. M.G. Bokare : Hindu Economics, Janki Prakashan New Delhi.

4. Ramesh Dutt : Economic History of India, Vol.I & II

5. Sen, A.K. (1981), Poverty and Famines : an essay on entitilement and deprivation, oxford university press.

6. Sen, A.K. (1971), Collective Choice and Social welfare, North Holland amsterdam.

7. D.R. Gadgil : The Industrial Evolution of India in Recent Times 1860-1030 (1971)

8. Gupta, B.L. (1942) : Value and Distribution System in Ancient India, Gian Publishing House, New Delhi.

9. Ganguli B.N. (1977) : Indian Economic Thought a 19^th Century Perspective, Tata McGraw Hill New Delhi.

10. M.C. Vaish : Aarthik Vicharo ka Itihas

11. Gandhi M.K. (1974), India of my dreams, Navjivan Publishing Ahmedabad

12. Sen, A.K. (1987), On Ethics and Economics, Oxford, New York.

SECOND YEAR

Scheme :

Two Papers Max. Marks – 200 Min. Pass Marks - 72

Paper – I Duration 3 Hours 100 Marks

Paper – II Duration 3 Hours 100 Marks

Each paper will contain ten question having two questions from each unit. The candidates are required to attempt five questions in all selecting atleast one question from each unit.

PAPER – I

MACRO ECONOMICS

BAG 207

Max. Marks: 100 Duration : 3 hrs. Min. Marks. : 36

Each paper will contain ten question having two questions from each unit. The candidates are required to attempt five questions in all selecting at least one question from each unit.

UNIT - I

National Income and Social Account

Meaning, definition and importance of Macro Economics; Fallacy of composition; Concept, components and methods of accounting; Measurements of national income; National income identities with government and international trade; Incorporation of environmental concerns in national account-green accounting.

UNIT – II

Theories of Employment and Output

Classical model of employment and income; Say’s law; Keynes objection to the classical theory; Keynesian theory of output and employment – Aggregate demand and aggregate supply functions, the principle of effective demand, Consumption function – Average and marginal propensity to consume; Applicability of the Keynesian theory to the developing world; Factors influencing consumption spending.

UNIT – III

Investment and interest

The investment multiplier and its effectiveness in LDC’s. Theory of investment Autonomous and induced investment; Marginal efficiency of capital; saving and investment ex post and exante. Equality and equilibrium. Classical, Neo-classical and Keynesian theories of interest.

UNIT - IV

Trade Cycles

Meaning and definition; Phases of trade Cycle; Hawtrey’s onetany theory Hayek’s over investment theory; Keynes view of trade cycle; The concept of accelerator; Samuelson and Hicks multiplier-accelerator interaction model, Control of trade cycles.

UNIT - V

Economic Growth

Fundamental concept of economic growth; Growth models-Harrod and Domar; Instability of equilibrium, Neo-classical growth models – Solow; Economic growth and technical progress.

Basic Reading List-

1.   Aekley, G. (1976) Macroeconomics : Theory and Policy, Macmillan Publishing Company, New York.

2.   Day A.C.L. (1960) Outline of Monetary Economics, Oxford University Press, Oxford.

3.   Gupta, S.B. (1994), Monetary Economic, S.Chand and Co., Delhi.

4.   Hejidra, B.J. and F.V. Ploeg (2001), Foundations of Modern Macroeconomics, Oxford University Press, Oxford.

5.   Lewis, M.K. and P.D. Mizan (2000), Monetary Economics, Oxford University Press, Oxford.

6.   Shapiro, E. (1996), Macroeconomics Analysis Galgotia Publications, New Delhi.

7.   Vaish, M.C. Macro Economics.

PAPER – II

INDIAN ECONOMY

BAG 208

Max. Marks: 100 Duration : 3 hrs. Min. Marks. : 36

Each paper will contain ten question having two questions from each unit. The candidates are required to attempt five questions in all selecting atleast one question from each unit.

UNIT - I

Indian Economy in Pre-British and pre-Independence Era

Indian economy in the Pre-British period; Structure and organisation of villages, towns, industries and handicrafts.

Pre-Independence Era:

Land System and its changes, Commercialization of agriculture, Drain theory, Laissez faire theory and critique. Manufacture and Transport: Jute, Cotton, Railways, Money and Credit.

UNIT - II

Structure of Indian Economy

Basic features; Natural resources-Land, water and forest resources; Broad demographic features- Population size and growth rates, sex composition, rural urban migration, occupational distribution, Problem of over population; population policy, Infrastructure development; national Income.

UNIT – III

Indian Agriculture and Industry

Importance of agriculture in Indian economy; Source of growth in agriculture; Institutional reforms in Indian agriculture with special reference to land reforms and credit supply; Agricultural cost and product pricing; Agriculture marketing Agriculture and WTO.

Industry

Structure and Growth of Indian Industry; Industrial policies of 1956 and 1991; Industrial licensing policy MRTP Act, FEAR and FEMA; Growth and Problems of small scale industries; Role of public sector enterprises in India’s industrialization-recent policy towards public sector; Disinvestment policy in India.

UNIT – IV

Planning in India

From central planning to indicative planning; relation between planning and markets for growth and decentralized planning; current Five Year plan objective, allocation and targets; New economic reforms Liberalization, privalization and globalization, Rationale behind economic reforms; Progress of privatization and globalization.  

UNIT – V

External Sector

Foreign trade with special reference to India; Trends in exports and imports; Balance of payment crisis and the New economic reforms – Export promotion measures and the new trade policies. Foreign capital – FDI, aid, Multinational corporations (MNCs) and their impact on Indian Economy. The relevance of SWADESHI.

Other Issues of Concern in Indian Economy

Poverty and inequality; Unemployment, Rising price; Industrial relations.

BASIC READING LIST-

1. Datt, R.K.P.M. Sundhram (2001), Indian Economy. S.Chand & Company Litd. New Delhi

2. Dutt, R.C. (1950), The Economic History of Indian Under Early British Rule, Low Price Publication, New Delhi

3. Kumar D. (Ed.) (1982), The Cambridge Economic History of India Volume II, 1757-1970, Orient Longman Ltd. Hyderabad.

4. Misra, S.K. and V.K. Puri (2001) Indian Economy – Its Development Experience, Himalaya Publishing House Mumbai.

5. Government of Rajasthan Statistical Abstract of Rajasthan

6. Government of Rajasthan : Report of Desert development Commission.

7. Kedia, Kusum & Sinha, Root of Under development a peep into Indian Colonial Post. Tara Printing Works, Varanasi

8. Dhingra, I.C. (2000), The Indian Economy, Environment and policy, Sultan Chand & Sons, New Delhi.

9. Directorate of Economics and Statistics, Government of Rajasthan, State Income of Rajasthan

10. Government of Rajasthan : Five year plan documents.

11. Government of Rajasthan : Budget studies.

THIRD YEAR

SCHEME :

Two papers Min. Pass Marks – 72 Max. Marks 200

Paper – I Duration 3 Hours Max.Marks : 100

Paper – II Duration 3 Hours Max.Marks : 100

General Instruction:

Each paper will contain ten questions having two questions from each unit. Candidates are required to attempt five questions in all, selecting atleast one question from each unit.

PAPER – I

MONEY, BANKING AND PUBLIC FINANCE

BAG 307

Max. Marks: 100 Duration : 3 hrs. Min. Marks. : 36

UNIT - I

Basic Concepts

Concept and functions of money; Gresham’s law; Role of money in capitalist, socialist and mixed economy; Monetary standards- Metallic and paper systems of note issue.

Value of Money and Inflation

Concept and limitations of index numbers; Quantity theory of money (Transaction, cash balance and Keynesian); Inflation, deflation and reflation – definition, types, causes and effects of inflation on different sectors of the economy, Demand pull and cost push inflation, Measures to control inflation, Trade off between inflation and unemployment, Philips curve.

UNIT – II

Commercial Banking

Functions of commercial banks; Credit creation; Concept of non banking finance companies (NBFCs); Liabilities and assets of banks; Evolution of commercial banking in India after Independence; A critical appraisal of the progress of commercial banking after nationalization; recent reform in banking sector in India. Determinants of Money Supply – High powered Money and Money multiplier.

UNIT – III

Central Banking Functions of central bank with special reference to India; Methods of Credit control (Quantitative and Qualitative)- bank rate policy, open market operations, variable reserve ratio and selective methods; Role and functions of the Reserve Bank; Objectives and limitations of monetary policy: A perspective of India.

UNIT – IV

Public Finance and Expenditure

Meaning and scope of public finance, Distinction between private and public finance, Public goods vs private goods; The principle of maximum social advantage; market failure; Role of the Government.

Concept and principle of public expenditure; Canons and effect of public expenditure; Trends in public expenditure and causes of growth public expenditure in India.

UNIT - V

Taxation, public Debt and Budgeting

Source of public revenue — (a) Taxes (b) Administrative revenue (c) Commercial revenue (d) Gifts and grants (e) Deficit finance; Basic concept of taxation; Canons of taxation- (Adam Smith and Modern); Classification of taxes; Division of tax burden – The benefit and ability to pay approaches; Impact and incidence and shifting of taxes; Taxable capacity; Effects of taxation; Characteristics of a good tax system; major trends in tax revenue of the central and Government of Rajasthan.

Sources of public borrowing; effects of public debt; methods of debt redemption Growth of India’s public debt; The public budget kinds of budget; economic and functional classification of the budget, Preparation and passing of budget in India. Various concepts of budget deficits. Recent budget of Centre and Government of Rajasthan.

Recommended Books :

1. Bhargava, R.N. (1971, The Theory and Working or Union Finance in India. Chaitanya Publishing Hosue, Allahabad.

2. Gupta, S.B. (1994) Monetary Economics, S.Chand & Company, New Delhi.

3. Ackley, G. (1978), Macroeconomic : Theory and Policy Macmillan publishing Co. New York

4. Jha, R. (1998), Modern Public Economic, Rouledge, London.

5. Houghton, E.W. (Ed.) (1988), Public Finance, Penguin, Baltimore.

PAPER – II

QUANTITATIVE TECHNIQUES

BAG 308

Max. Marks: 100 Duration : 3 hrs. Min. Marks. :36

General Instruction:

Each paper will contain ten questions having two questions from each unit. Candidates are required to attempt five questions in all, selecting atleast one question from each unit.

UNIT – I (Matrix Algebra)

Matrices – Addition, Subtraction, Multiplication and equality of Matrices – Minors, Co-factors of a matrix – Determinants – Properties – Inverse of a matrix – Solution of simultaneous equations by matrix – Inverse method and Cramer’s rule – Depiction of inter industry relationship by matrices.

Unit — II  (Calculus)

Definition of a function – Differentiation of a Function: Maxima and Minima, Elasticities, Equilibrium of a consumer and a firm, Inter relationships among total, marginal and average cost and revenues: Constrained optimization problem: Integration of a function, Consumer and producer surplus.

UNIT – III (Statistics, Central Tendency and dispersion 

Basic concepts; Population, Sample, Parameter, Frequency, Distribution, cumulative frequency, graphic and diagrammatic representation of data, techniques of data collection, sampling vs. population, primary and secondary data; Statistical system in India.

Measures of central tendency; mean, median, mode, geometric mean and harmonic mean, measures of dispersion, range, mean deviation, standard deviation, coefficient of variation. quartile deviation, skewness and kurtosis. Concept of rate of growth.

UNIT – IV (Correlation and Regression)

Simple Correlation; Coefficient of correlation – Karl Pearson and rank correlation, Partial and multiple correlation, Analysis, Regression analysis – Estimation of regression line in a biraviate distribution – Leas squares method, interpretation of regression coefficients.

UNIT – V (Time series and Index Numbers)

Time series analysis – concept and components – Determination regular, trends and seasonal indices; Index numbers – concept, price relation quantity relative, value relative; Laspeyer’s. Paasche’s and Fisher, Family budget method; Problems in the construction and limitation of index number. Test for ideal index number. Association of attributes and chi-square test.

UNIT – VI (Probability and Distribution)

Probability : Concept, rules of probability (addition and multiplication); Random variables, Mathematical expectations, Theroretical distribution – binomial poisson and normal : their properties and uses.

BOOKS RECOMMENDED-

                1. Chiang, A.C. (1986), Fundamental Methods of  Mathematical Economics (3^rd Edition) McGraw Hill. New Delhi

            2. Croxton, F.E., D.J. Cowden and S.Klein (1973, Applied General Statistics, Prentice Hall, new Delhi.

            3. Speigal M.R. (1992), Theory and Problems of Statistics, McGraw Hill Book London.

            4. Gupta, S.C. and v.K. Kapoor (1993), Fundamental of Applied Statistics, S.Chand and Sons, New Delhi.

            5. Allen, R.G.C. (1974), Mathematical Analysis for Economists, macmillan Press. London



6.8 Magnitude Earthquake in North India and Sikkim, Rajasthan felt the tremors of 18th September Earthquake

6.8 Magnitude Earthquake in North India and Sikkim, Rajasthan felt the tremors of 18th September Earthquake

Rajasthan also felt strong tremors of the Earthquake on 18th September. The epicenter of the Earthquake is at Sikkim where the 6.8 Magnitude earthquake was felt for about 1 and half minute. The epicenter is 64 Kms from Gangtok in Sikkim.

It is too early to tell the damage that has been caused by the earthquake in Sikkim. Though there are unofficial reports of many cracks in the houses of the surronding areas in Sikkim and North Bengal.