INDIAN ECONOMY

Paper Code: 
DFSG 503 A
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course outcome (COs):

Learning outcome

 (at course level)

Learning and teaching strategies

Assessment Strategies

On completion of this course, the students will be able to:

 

CO 111: Examine the features of the Indian economy and explore its position in the world economy.

CO 112: Critically evaluate the challenges and constraints in the economic development of the country

CO 113: Explore the significance of economic planning needed for various economic reforms in the development of the economy.

CO 114: Examine the role of different public sector undertakings and interpret the structural adjustments required for economic development.

CO 115: Critically evaluate the present foreign trade policy adopted by the Indian government with reference to the composition and direction of India’s Foreign trade.

Approach in teaching: Interactive Lectures, Discussion, Tutorials, Practical cases Demonstration, Power point presentation.    

 Learning activities for the students:                              Self learning assignments, Effective questions, Seminar presentation, Live practical problems analysis

Class tests, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

 

12.00
Unit I: 
Basic Issues and Features of the Indian Economy:
  • Concept and measures of development and underdevelopment,
  • Basic Features of the Indian Economy,
  • Causes of underdevelopment of the Indian Economy,
  • India as a Mixed Economy,
  • Various Economic indicators and India’s Position in World Economy.

 

12.00
Unit II: 
Issues of the Indian Economy:
  • Unemployment: Meaning, Types, Causes, and Remedies to remove unemployment: E-NAM, Make in India.
  • Population: Main Features of the latest census, Demographic profile, and Health Policy.  Population Growth as a retarding factor to Economic Development, Present National Population Policy
  • Demographic constraints in economic development: interaction between population change and economic development.

 

12.00
Unit III: 
Economic Planning and Policy Regimes:
  • Economic Policies- Meaning, Objectives, Components of Economic policies. with their implications on the economy
  • Economic reforms since 1991, Privatization, Liberalization and Globalization
  • Economic Planning in India: features, objectives, broad achievements and failures; 
  • NITI Aayog

 

12.00
Unit IV: 
Industry:

 

}·       ·       Industrial growth during the planning period ;

·       Present industrial policy (1991); features and current reforms.

·       Importance, growth and  problems of Micro,Small and Medium Enterprises;

        Role and problems of Public sector in India

 

Financial Sector:

  • Structure, Performance and Reforms 
  • Role of Financial sector in Economic Development

 

 

12.00
Unit V: 
External Sector:

 

·       Trends in exports and imports;

·       Composition and Direction of India’s foreign trade;

·       Recent trends in Export-Import Policy,

        Balance of Payments; Features and components., India’s Balance of Payment.

Essential Readings: 
  • Swami & Gupta ,“Economic Environment in India” ,RBD,Jaipur
  • Sundaram&Dutt, “Indian Economy” ,S Chand & Sons, New Delhi
  • N.D Mathur: Economic Environment in INDIA, Shivam book house(P)ltd , Jaipur
  • A N Agarwal , “Indian Economy”, New India International Ltd, Chennai

 

 

 

References: 

 

  • Mathur, Mishra, Vyas – “Economic Environment in India”, RBSA Publication, Jaipur
  • A N Agarwal , “Indian Economy”, New India International Ltd, Chennai
  • Mishra Puri , Indian economy ,Himalaya publishing house
  • PratiyogitaDarpan :  General Studies (Indian Economy)

 

E Resources:

 

REFERENCE JOURNALS

  • International Journal of Rural Management, http:// sagepub.com
  • FIIB Business Review- http:// sagepub.com
  • Vikalpa : http:// sagepub.com
  • Directory of Open Access Journals

 

Academic Year: 
2023-2024
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