INDIAN ECONOMY

Paper Code: 
DE BSG 613A
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 191 Examine the features of the Indian economy and explore its position in the world economy.

CO 192 Critically evaluate the challenges and constraints in the economic development of the country

CO 193 Explore the significance of economic planning needed for various economic reforms in the development of the economy.

CO 194 Examine the role of different public sector undertakings and interpret the structural adjustments required for economic development.

CO 195 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 to teaching:

Interactive Lectures, Discussions, Tutorials, Reading assignments, Demonstrations, and Team teaching

 

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 ;

{ck·        

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

{ck·        

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

  • Role and problems of Public sector in India.
  • Financial Sector: Structure, Performance and Reforms

{ck·        

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 JOURNALSs:

  • 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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