Third Year Economics Curriculum
Advanced topics in applied and development economics from the third-year economics honors syllabus.
Semester V
Core Course 11: Indian Economy-I
This course provides a comprehensive overview of the Indian economy's key features and policies, particularly focusing on the period after independence. It examines the role of different sectors and analyzes trends in national income, savings, and investment, a crucial part of the Indian Economy paper.
Key Topics:
- Economic Development since Independence
- Population and Human Development
- Growth and Distribution Trends
- Policies and Performance in Agriculture
- The Role of the Public and Private Sectors
Core Course 12: Development Economics-I
This course introduces students to the study of development economics. It covers the main theories of development and underdevelopment, analyzes the sources of economic growth, and examines issues of poverty, inequality, and population growth in developing countries.
Key Topics:
- Conceptions of Development
- Growth Models and Empirics
- Poverty and Inequality: Definitions and Measurement
- Political Institutions and the Functioning of the State
- Population Growth and its Economic Implications
Semester VI
Core Course 13: Indian Economy-II
This course focuses on the macroeconomic policies and sectoral performance of the Indian economy, especially in the post-1991 reform era. It covers India's external sector, fiscal policy, monetary policy, and key debates on economic reforms, providing an advanced understanding of the Indian economy.
Key Topics:
- Macroeconomic Policies and Their Impact
- Policies and Performance in Industry and Services
- India's Foreign Trade and Balance of Payments
- Fiscal Federalism and Centre-State Financial Relations
- Contemporary Economic Reforms and Debates
Core Course 14: Development Economics-II
This course delves into specific topics in development economics, focusing on the role of various markets and institutions. It examines issues related to land, labor, and credit markets, as well as the importance of environment, trade, and globalization for development. This is a key course in applied economics.
Key Topics:
- Land, Labor, and Credit Markets in Developing Countries
- Environment and Sustainable Development
- International Trade and Development Strategy
- Globalization and its Impact on Developing Economies
- Microfinance and its Role in Poverty Alleviation