A.C.-03.08.

2022
Appendix-48

UNIVERSITY OF DELHI
DEPARTMENT _Economics
------------
COURSE NAME: _B.A. Economics (Honours}_ _ _ _ _ _ _ _ __

{SEMESTER - 1)
based on

Undergraduate Curriculum Framework 2022 (UGCF)

(Effective from Academic Year 2022-23)

University of Delhi

Course name: _ B.A. Economics (Honours}._ _ __

Course Title Nature of Total Components Eligibility Contents of the

the Course Credits Lecture Tutorial Practical Criteria/ course and
Prerequisite reference is in
Introductory DSC -1 4 3 1 0 NIL Annexure-1
Microeconomi
cs
Introductory DSC -2 4 3 1 0 NIL Annexure-2
Mathematical
Methods for
Economics
Introductory DSC -3 4 3 1 0 NIL Annexure-3
Statistics for
Economics
 UNIVERSITY OF DELHI
DEPARTMENT _Economics,_ _ _ _ _ _ _ _ _ __

COURSE NAME: _B.A. Economics (Major)_ _ _ _ _ _ _ __

(SEMESTER - 1)
based on

Undergraduate Curriculum Framework 2022 (UGCF)

(Effective from Academic Year 2022-23)

University of Delhi

Course name:_ B.A. Economics (Major) _ _ __

Course Title Nature of Total Components Eligibility Contents of the

the Course Credits Lecture Tutorial Practical Criteria/ course and
Prerequisite reference is in
Introductory DSC-1 4 3 1 0 NIL Annexure-1
Microecono
mies
Basic DSC-2 4 3 1 0 NIL Annexure-4
Mathematics
for Economic
Analysis

2
 UNIVERSITY OF DELHI
DEPARTMENT _Economics _ _ _ _ _ _ _ _ _ __

COURSE NAME: _B.A. Economics (Minor) _ _ _ _ _ _ _ _ __

(SEMESTER - 1)
based on

Undergraduate Curriculum Framework 2022 (UGCF)

(Effective from Academic Year 2022-23)

University of Delhi

Course name :_ B.A. Economics (Minor) _ __ _

Course Title Nature of the Total Components Eligibility Contents of the

Co urse Credits Lecture Tutorial Practical Criteria/ course and
Prerequisite reference is in
Principle of DSC -1 4 3 1 0 NIL Annexure-5
Microecono
mies - I

3
 UNIVERSITY OF DELHI
DEPARTMENT _Economics _ _ _ _ _ _ _ _ _ __

COURSE NAME: _B.A. Economics (Honours and

Multidisciplinary)_ _ _ _ _ _ _ __

(SEMESTER · l}
based on

Undergraduate Curriculum Framework 2022 (UGCF)

(Effective from Academic Year 2022-23)

University of Delhi

Course name: _ B.A. Economics (Honours and Multidisciplinary) _ _ _ __

Course Title Nature of Total Components Eligibility Contents of the

the Course Credits Lecture Tutorial Practical Criteria/ course and
Prerequisite reference is in
Principle of GE -1 4 3 1 0 NIL Annexure-5
Microeconomi
cs - I
Basic GE -2 4 3 1 0 NIL Annexure-6
Development
Economics
Essentials of GE -3 4 3 1 0 NIL Annexure-7
Economics
Programme St ructu re for Bachelor of Economics (Hons.) as a Core Discipline

Year Internship
Ability SkiD ~enlsruli
Elective Enhancement Enhancement Project/~ Valueaddition Total
Semester Core(DSC) (DSE) Generic Elective (GE) Course (AECJ Cowse(SEC) Outreach (IAPC) Course (VAC) Credi
Frst DSC.1 (4)
DSC.2(4)
I DSC-3(4) GE-1(4) AEC-1 (2) SEC-1 (2) VAC-1(2) 22
DSC-4(4)
DSC-5(4)
II OSC-6(4) GE-2(4) AEC-2(2) SEC-2 (2) VAC-2(2) 22
Students on eik shall be awarded Undergnduate Certificate Qn the Field of Study/ Discipfine) 44
Secom DSC.7 (4)
DSC-6(4)
Ill DSC-9(4) DSE-1/GE-3 (4) AEC-3(2) SEC-3 (2Y IAPC-1{2) VAC-1 (2) 22
DSC.10(4)
DSC.11 (4)
w DSC.12(4) DSE-21 GE-4 (4) AEC-4(2) SEC-4 (2Y IAPC-2 (2) VAC-2(2) 22
Students on exl shall be awarded Underg~ate Diploma On the Field of Study/ Discipline) 88
Third OSC.13 (4)
OSC.14(4)
V DSC.15(4) DSE-3(4) GE-5(4) SEC-5 rl/ lAPC-3 (2) 22
OSC.16(4)
OSC.17 (4)
VI DSC.18(4) OSE-4 (4) GE-0 (4) SEC-6 (2Y IAPC-4 (2) 22
Students on exit shall be awarded Bachelor of On the Fleld of Study/Discipline) Honours (3 years) 132
Fourlh 3xOSE (OSE-5, OSE-6, DSE-7)
Or,2xDSEim hGE
DSC.19 Or, 1x DSE int 2xGE (GE-7, GE.a) ~tiorJ PIOjeCI (6)
3xDSE (USE.a, OSE-S, DSE-10)
.Or, 2xDSEim hGE
Or, 1xDSEim2xGE(GE-9, GE-
DSC.20 10) ~Prqed(6)
Students on exit shall be awarded Bachelor of (In the Field of Study/Discipline) (Honours withResearch/Academic Projects/Entrepreneurship) 176

® 5
Semester-wise Core courses (DSC) for Bachelor of Economics (Hons.)

No.of Components of ~e course

Year Semester Serial No. Course Code Course Name Credi~ Lecture Tutorial Practical
DSCJlOl\'01 ECON001 ln1w;by ~ootra(S 4 3 1 0
OSC_HOI\W EC00002 ln~ry MalhEmafical lk~s ilrEmxits 4 3 1 0
I DSC_H<X\'03 ECON003 lnlrottmy Slafistics kt Eronomi:s 4 3 1 0
DSC_HC*1104 ECON004 I ~ Macroeoonom~ 4 3 1 0
DSC_HON05 ECON005 lnlenneda!e Malriemalital MM for ECOOOJntS 4 3 1 0
fol II DSC_H0006 ECON~ l~ale Sia~ lor Eoooonit's 4 3 1 0
OSC_H0001 ECON007 lnlermeoate ~fk100Wll00'i:s t Behavwal Foundaoons d Market lnteradioM 4 3 1 0
OSC_HON06 ECON008 lntermemate MaaO£<".OOOrrics I: FOll'ldafuns ofAggregate lncoo1e Detemmaoon 4 3 1 0
lll OSC_H0009 ECON009 Mtaneed Maftlemanl Me!hods for &,oooo,.ics 4 3 1 0
DSC_HONIO ECON010 . lnlennedate Maoeronorrxs It Malt.el Government and Wefura 4 3 1 0
DSC_HON\1 ECONOH ln!ermeaa!e Macroecororrics II: Ptity Issue! 4 3 1 0
Seoond fl OSC_HON12 ECON012 lnlrotmy Ecooanetrts 4 3 0 2
OSC_H00\3 ECON013 Game Theory ar, Slra!egi: ln!eracfuls 4 3 1 0
OSC_HON14 ECON014 Ecooorr.i: Gro.ti cm 8usiless Cydes 4 3 1 0
V OSC_H00\5 ECON015 Ir.boo.my Deveklpment Eoonomics 4 3 1 0
OSC_HON16 ECON016 lntemaoonal Trade 4 3 1 0
OSC_HON17 ECON017 Oeveklpmenl Theorj and Experience 4 3 1 0
lrid VI OSC_H0018 ECON018 lnd'ian GrO'lr'lh and Deve!opirent 4 3 1 0

Vil OSC_HON19 ECON019 Eromi: De1~.eit and Pdi:y ~ India 4 3 1 0

Foorlh Vlll OSC_HON20 ECON020 T~ in ~en! and Poky 4 3 1 0

®
6
Semester-wise Elective courses (DSE) for Bachelor of Economics (Hons.)

Components cl lhe coune Pre-requisite

Serial No. CouiseCode Course Name Veer Se!l1e$ler Cred'lll Lecture Tutorial Practical
DSEJKlt«J1 E<nm1 Eccmrri; fisby of kxfla 2no'3rd:46i ILVMI 4 3 1 0 ti
DSEJ~ Eceffi32 Ea:riorri:s of ama!t Change anl Mati.ral Resources 2no'ld/46i 11/VNII 4 3 1 0 Ecctal1
DSEJDm EC00)33 ~ Stare and Sociely ~ ILVMI 4 3 1 0 Ni
DSEJK>tll4 ~3,( Fa Peacy and Nie Firaice nIida 2n"'3rd.141h l!NMI 4 3 1 0 Ewnl4
DSEJDffi Ecrnl35 ~Eamma 2nd'3rd/4th IINMI 4 3 1 0 EC06l1
DSE_HC>tU Ecotm6 Advanced Eairxwrefu 3tdl 4th VM 4 3 0 2 ECCW12
DSE_HOt¥J7 E<nm7 Eamrw::s of Disainination 3riU 41h VM 4 3 1 0 Eco«l12
DSEJOO Ecctma .Ecmooics of Hea.':h 3rd.I 41h VND 4 3 1 0~1
DSEJ~ Ecom9 &iwonmen3 Eamnics 3rd/ 4th VNU 4 3 1 0 E<XNl10
DSE_HON10 ECO~ Gender illd Oe\'9l)ment 3,d/ 41h VNU 4 3 1 0 ECOIJ10
DSE_HON11 ~1 Law anl Eariolll:$ 3tdl 41h VM 4 3 1 0 ECO¥ll0
DSEJlON12 E<m142 Or,e,I Ecmany ,1aaoecooamu 3,d/ 41h VM 4 3 1 0 ECOOll
DSEJDl13 ~ Ltiden Poi:d Eo:m,r.y ~4th VNI 4 3 1 0 E<XNl10
DSE_HON14 ECCHlU Reseaith tre:ho:kqy for Econanics 3rd.I 41h VMI 4 3 1 0 Nil
DSE_HON1S ~ Niic Eo:inooicc 3rd.I 41h VNI 4 3 1 0 EcafJ10
DSE_HON16 EC000(6 Fl'llllCial Erononics 2ni:V3rdl 4fl IVMMB 4 3 1 0 ECOOl7
DSE_HON17 ~1 1.tr,ey and Fmancial Mmt ~ l h IViWJIII 4 3 1 0 ECOltJS
DSEJfJN18 ECOOO PlOdm Relations and Gbbaf~ 2n~4fl IVM'IIU 4 3 1 0 Nil
DSE_HON19ECCffJ49 Bet,a,.ival &a,oon 3rd/ 4th VWIII 4 3 1 0 ECO#J13
DSE_HOI@ EeooiO Coot~ab\'e Emnomc DeoA:~ 3rd/ 4lh VWIII 4 3 1 0 ti
DSE_HON21 EC001 ~ Fllli!IU and Goo.remance 3nM 4th VLVIII 4 3 I 0 Ecml13
DSE_HON22 E~2 ECXIOOll'ics of Emtm 3"M4lh VW!U . 4 3 I 0 Ecctl113
DSE_HON23 ECOlJS3 Foreca$11ng ~let.ods for Econcmcs 3tdl 41h W/111 4 3 0 2 ECCW12
DSE_HOtl24 ECO~ ffmy of &onooiic.llw;ht 3r&4lh V'MII 4 3 I 0 Nil
DSE_HON2S ~ lncb.:rial (A,gir.isalm 3rd/ 41h V\'1;111 4 3 I 0 ECOIJ13
DSEJl~ EeoffiS lnbodll:licri toCausal lr.faenoe 3rd.141h VWIII 4 3 0 2 ECOIJ12
DSEJJOH27 EC00057 tntloelm 1o ~~ D,na.-na 3rd/ 4th Vk"i111 4 3 1 0 Ecetm9
DSEJiON26 EC00058 Labar Eawmcs 3rd/ 4lh ~ 4 3 1 0 Eca«l13
DSE_HOH29 Eccm9 Seaoral ISS'.ies ii lrdan Eammy 3rd/ 41h Vk\111 4 3 1 0 Nil
DSEJK}Nl1 E~ T~ n Game Theay 3rd/ 4th VWIII 4 3 1 0 Eca-«l13

@
7
Semester-wise Generic Electives (GE) offered by the Economics Department
Com ponents of the
Serial Course course
No. of Pre-
No. Code Course Name Yesr Semester Credits Lecture Tutorial Practical requisites
Principles of
GE01 ECON025 Microeconomics I 1st/2nd/3rd/4th 1/IIINNII 4 3 1 0 Nil
Basic Development
GE02 ECON029 Economics 1st/2nd/3rd/4th 1/IIINNII 4 3 1 0 Nil
Essentials of
GE03 ECON076 Economics 1st/2nd/3rd/4th 1/IIINNII 4 3 1 0 Nil
Theory of Public
GE04 ECON061 Finance 2nd/3rd/4th IIINNII 4 3 1 0 ECON025
GEOS ECON062 Money and Banking 2nd/3rd/4th 111/VNII 4 3 1 0 Nil
Digitalisation and -
GEOG ECON063 Development 2nd/3rd/4th IIINNII 4 3 1 0 Nil
Introduction to
Comparative Economic
GEO? ECON064 Development 2nd/3rd/4th IIINNII 4 3 1 0 Nil
Education and
GE08 ECON065 Development 2nd/3rd/4th IIINNII 4 3 1 0 Nil
Basic Resource and
GE09 ECON066 Energy Economics 2nd/3rd/4th 111/VNII 4 3 1 0 ECON025
Principles of
GE10 ECON026 Macroeconomics I 1st/2nd/3rd/4th 11/IVNINIII 4 3 1 0 NII
Basic Statistics for Maths in
GE11 ECON022 Economics 1st/2nd/3rd/4lh 11/IVNI/VIII 4 3 1 o Class XII
GE12 ECON024 Basic Econometrics 2nd/3rd/4th IVNI/VIII 4 3 1 0 ECON022
GE13 ECON030 Indian Economy 2nd/3rd/4th 11/IVNINIII 4 3 1 0 Nil
Sectoral Issues in
GE14 ECON059 Indian Economy - 3rd/ 4th IVNINIII 4 3 1 0 Nil
Game Theory and Maths in
GE15 ECON067 Social Sciences 2nd/3rd/4th IVNINIII 4 3 1 O Class XII
Corporate Finance.
Governance and
GE16 ECON068 Development 3rd/4th VNII 4 3 1 0 Nil
· Economy of Colonial·
GE17 ECON069 India 2nd/3rd/4th IVNINIII 4 3 1 0 Nil
Basic Environmental
GE18 ECON070 Economics 2nd/3rd/4th IV/VI/VIII 4 3 1 0 ECON025
Law and Economic
GE19 ECON071 Development 2nd/3rd/4th IV/VINIII 4 3 1 0 ECON025
GE20 ECON072 Public Finance in India 2nd/3rd/4th IVNI/VIII 4 3 1 0 Nil
Health and
GE21 ECON073 Development 2nd/3rd/4th IV/VI/VIII 4 3 1 0 Nil
Global Political
GE22 ECON074 Economy 2nd/3rd/4th IVNI/VIII 4 3 1 0 Nil
History of Indian
GE23 ECON075 Economic Thought 2nd/3rd/4th IVNINIII 4 3 1 0 Nil
Principles of
GE24 ECON027 Microeconomics II 2nd/3rd/4th 111/VNII 4 3 1 0 ECON025
Principles of
GE25 ECON028 Macroeconomics II 2nd/3rd/4th IVNINIII 4 3 1 0 ECON026

@ 8
Semester-wise Core courses (DSC) for Multi-disciplinary Programme
with Economics as Major

Yea, Components of the course

Semester Serial No. Couse Code Course Name Credit Lecture Tutorial Practical
Frst I DSC_WJl1 ECON001 lnlro1Jckxy ~taoeoooorrics 4 3 1 0
osc_w.m EC00021 Bast Mathemaocs kl Ecooooic~ 4 3 1 0
II DSC_MAm ECON004 lnlrcdmy Maaooomrics 4 3 1 0
DSC_MA!04 ECON022 Bast Statistlcs kl Ecooonics 4 3 0 2
Secood 1U DSC_MAIOS EroN007 lntertred"late M ~ I: Beham Fooooam of Market klteracoons 4 3 1 0
DSC_~ ECON0'23 ~ Merolsfcl Eoonoot~ 4 3 1 0
rv DSC_WJl7 ECON008 lntemroate Maaooarorts I: Foondalxls of .A@regate klcaoo Oeteminatm 4 3 1 0
DSC MAl08 ECONO'l4 Bast Ecooooie!ocs 4 3 0 2

Tlid V DSC MAl09 ECON010 lntenmflate M~ics II:Mart.el ~ood Welfare 4 3 1 0

DSC_MA110 ECON015 lnlrtxb:llxy Oevelqlmert Eronoots 4 3 1 0

V1 DSC MAJ11 ECON011 lntenoo<iale MaaooccooTts It Policy M 4 3 1 0

DSC_MAl12 ECON018 Im Ecorooly: GrtM1h aoo 00'1eklpm!rt 4 3 1 0
Fourth VII DSC MA113 ECON013 Garre Theay and strategc lrneradioos 4 3 1 0

VIII DSC_WJ14 ECON014 Ecooonic GIIJl\1h and Business Cydes 4 3 1 0

9
Semester-wise Elective courses (DSE) for Multi-disciplinary Program with
Economics as Major

Course Components of the co~

Seriii Na. Code CourseName Year Semester Credits Lecture Tutorial Practical Pre-requisite
DSEJJIJ)I ECON019 &.onoinic ~ and Policy in lnd'ia 3rd/ 461 VMI 4 3 1 0 Nil
DSEJAAJ02 ECON031 Ecooomic ~ ci India 2ndlldl4th IIWMI 4 3 1 0 Nil
DSE_1MJ03 ECQt,1}32 Economics of <lmate Oia,y;ie and Natural Re'.llUICe$ 2nd/3,d/4th IIINNIJ 4 3 1 0 EC00001
DSE_MA.!04 Ecot-m3 E:aiMmy, Slate arid Society 2nd/3rd.'4th IIWNII 4 3 1 0 Nil --

OSE_WJJ5 Eeotro4 Fixal Pdicy and Pubfit Fmnre in India 2nd/3rdl4th llWNII 4 3 1 0 Ero.rot
DSE_MM'S Eeot-ID5 ~~ 2nd&il41h IIWNII 4 3 1 0 E00,001
DSE_WJ07 EC00036 ~ E.concrneliu 3rdl41h VMI 4 3 0 2 EC00024
OSEJ,IAJ08 Ecom37 Economics oflliGai.'Tination 3rd/ 41h VMI 4 3 1 0 EC00024
DSE_MA.1&9 ECON038 Ec:onomia; of HeaMl 3rdl 41h Vfill 4 3 1 0 ECCt-l001
OSE_MAJ10 ECOtm9 Ermroomerual ECCMlic:$ 3rii' 41h VMl 4 J 1 0 Ero,010
D8E_MAJ11 EC<m)40 Gendetand~ 3rd/ 4th VNll 4 3 1 0 Ero,010
DSEJJAJ12 ECQt,041 wand Eccnooics 3rd/ 4th VMI 4 3 1 0 Ero,010
OSEJM.113 EC()tll.i2 ~ Emmly Macroeconomics 3rcil 41h VMI 4 3 1 0 Ecct,1()11
0SEJAAJ14 EC00043 Modenl'c{cr.al EcooolTl'f '.W'41h VMI 4 3 1 0 Ectl-lOIO
OSEJW15 Ero-JJ44 Research Melhodology 1cr Economi:s 3rtU 4th VNII 4 3 1 0 Ni
OSE_MAJ16 ECOIDl5 PubicE~ 3rdl 4th VNII 4 3 1 0 EC00010
DSE_MA.117 E<Xlnl16 International Trade 3id/ 4th VIMI 4 3 1 0 EWI007
DSE_MAJ18 ECON017 Developmert Theol'f a n d ~ 3rdl 41h VINID 4 3 1 om
OSEJJAJ19 ·ECOtmO Topics nDeve!or;nert and Policy 3td/41h VINIU 4 J 1 0 Ero,017
DSE_w..!20 ECOHl46 Financial Eccmni:s 2nd/3r.U 411 IVMMll 4 J 1 0 Ero-l007
DSEJJ.AJ21 ECON047 Money and Fnancial Markets 2nd.CrdJ4lh MVW!ll 4. 3 1 0 EC00008
DSEJM.122 ECQt,00 P!odudion Relai1ns and Gobakaticn 2ndl.lrd' 4tl IVMMll 4 3 1 0 Ni
OSE_MA.123 ECOl'OO BehaW>Ural tlCIIIOIIX$ 3rd/ 41h VbVIB 4 3 1 0 EC00013
DSEJM.124 ECONY.iO Ccmparair,e Econcmic ~ 3rd/ 4th I/IN11 4 3 1 0 Nil
DSEJ#.!25 ECON051 Cocporate Fmru and Gov-..mance 3rd/ 4th W/11 4 3 1 0 Ecct,1()13
OSEJN.J26 ECCNJ52 Eo:inomics of Edllc31ion 3rd/ 461 WJIU 4 3 1 0 Eca{013
DSEJM..117 Eeot.053 Fo-1ilg Melhods for &:onomn 3rd/ 4th VW1B 4 3 0 2 ECCN024
DSE_MA.128 ECru}54 1-'.r.llxy d ~ Thcught 3:dt 4th WIii 4 3 1 0 Nj
DSE_MA..12S ECON055 ~ Orgama1ion 3:d' 4th VINII 4 3 1 0 ECCM)13
DSE_WJ30 ECOl.ffii tntwJCia, lo Ca11Sal Were= 3rd' 4ih V~VII 4 3 0 2 ECCN024
DSE_M,A./31 ECOOl57 !nt!O®Clioo to " ~[)ynarnKs 3rd' 4th VlMll 4 3 1 0 ECCt,!009
OOEJ#J32 ECON058 lab!M.Eoonomics 3rd/ 4th VIMA 4 3 1 0 ECCf-l013
DSE_MAJ33 ECON05S Seaoral ~ in Man Economy 3:d' 4th VWIH 4 3 1 0 N.i
DSEJMJ34 ECOMJ60 Topics nGame Theoiy 3rd/ 4th VINIH 4 3 1 0 ECCf~OB

@
10
Semester-wise Core courses {DSC) for Multi-disciplinary Programme with
Economics as Minor

Year Credit Componentsof the course

Course
Semester Serial No. Code Course Name Lecture Tutorial Practical
First I DSC_MIN01 ECON025 Principles of Microeconomics I 4 3 1 0
II DSC_MIN02 ECON026 Principles of Macroeconomics I 4 3 1 0
Second Ill DSC_MIN03 ECON027 Principles of Microeconomics II 4 3 1 0
·N DSC_MIN04 ECON028 Principles of Macroeconomics II 4 3 1 0
Third V DSC_MINOS ECON029 BasicDevelopment Economics 4 3 1 0
VI DSC_MIN06 ECON030 Indian Economy 4 3 1 0
Fourth VII DSC_MIN07 ECON013 Game Theory and Straleg~ Interactions 4 3 1 0
VIII DSC_MIN08 ECON014 Economic Growth and Business Cycles 4 3 1 0

@
11
 ....

Semester-wise Elective courses (DSE) available for Multi-disciplinary Programme

with Economic-s as Minor

Com~nen~oltecoI™
~erialNo. ColneCooe CoomName Year Semester Creads ledme Tutorial Prac~cal ~e-requ~~e
'
C€c_~~ EOl~W ~ll~t.ijaiket ~~mardWefare Wl~ IIV1W ~ 3 1 0ti

OOE~ij!m E[ffi21 Bai'c M~msbEn~Jll)js ~4~ IWMI ~ 3 1 Hi

--
DSE_W3 EOlW ~nisatoo Mefu:15 !cf E~W,~s ~~~ VNI ( 3 I 0ECOOm
OOEJ,t~ Mimi ECU"<m:iics ~q~ VM ~ 3 0 Hrom~
DSE_Mtffi al~bEe Ml~~ VNI ~ l 1 0~
DSE_U~ ~~ P&Etm:mcs WI~~ VNl ~ l 1 OKOO~
DSE_~lm m ~Emcs w·~~ 'A~! ~ l 1 0 ECOOL~

DSE~~ ~1 ~biar1'l Fm ~ee ij~h ~~~ 4 l I 0 EC@:Q~

DSE_~~ ~ f«~rg ~~ kl Eceffirits M4~ ~\11 ~ l 0 2Erof~4

00E_ijN10 Eefflll1 ~m\eM~ll:Poko,~Jes ~&~~ WM~I 4 l 1 0Km@

OOE_~Ni1 EO:ffi16 ~uTB! Mi 'A\11 ~ 3 1 0KOO:~
DSE_~N12 EC(ffil] 06\~~,aoo~me Mi 'AW ~ 3 1 0ECOOt5
DSE_ijN13 ECfflm &:e&isfr:sb'Eo»lm ~~ 'A~I 4 3 I oEroffilkm~ss)Jij

DSEJAN1~ Eo:tm~ ~cfo:roriies M~i 'A\\i ( l 3 acoom

12
 Annexure-1
Introductory Microeconomics
• Course Code: ECONOOl

• Course Abbreviation : MICROl

• Credit s: 4

• Duration (per week): 4 hours (3 lectures+l tutorial)

• Course Objectives :
This course is designed to expose students to the basic principles of microeconomic theory. The
emphasis will be on teaching the fu ndamental economic t rade-offs and allocation problems due
t o scarcity of resources. This cou rse will use graphical methods to illustrate how microeconomic
concepts can be applied to analyze real-life situations.

• Course Learning Outcomes:

Students will learn to think about economic trade-offs and opportunities. They w ill learn the
fundamentals of market mechanisms and government interventions.

• Content (Unit-wise):

Unit 1: Introduction to economic trade-offs

Resources and opportunities, Gains from trade, Individual and society Unit 2 :
How market works
Supply and demand, Price and resource allocation, Elasticity, Market, trade and welfare.
Unit 3 : Role of government
Taxation, Public good, Inequalit y and poverty Unit 4
: Individual decision and interactions
Decision versus strategic interaction, How to think about strategic interactions,
Real life Final Examinationples.

• Suggested Readings

- Mankiw , N. G. {2018). Principles of Microeconomics 8th ed .

- Frank, R. H., & Cartwright, E. (2010). Microeconomics and behavior. New York: McGraw-H ill.
- Dixit, A. K., & Skeath, S. (2015). Games of strategy: Fourth international student edition.
WW Norton & Company.
- Acemoglu, D., Laibson, D., & List, J. (2017) . Microeconomics. Pearson.

• Course Assessment: Internal Assessment - 25, Final Examination - 75

® 13
 Annexure-2
Introductory Mathematical Methods for Economics
• Course Code: ECON002

• Course Abbreviation: MM El

• Credits: 4

• Duration (per week): 4 hours (3 Lectures+ 1 tutorial)

• Course Objectives:

This is the first of a compulsory three-course sequence. The objective of this sequence is to
transmit the body of basic mathematics that enables the study of economic theory at the
undergraduate level, specifically the courses on microeconomic theory, macroeconomic theory,
statistics and econometrics set out in this syllabus. In this course, particular e_conomic models are
not the ends, but the means for illustrating the method of applying mathematical techniques to
economic theory in general. The sophistication would be maintained at a standard level to grow
in the profession.

• Course Learning Outcomes:

The course hones and upgrades the mathematical skills acquired in school and paves the way for
the second semester course Intermediate Mathematical Methods. The analytical tools
introduced in this course have applications wherever unconstrained optimisation techniques are
used in economics and business decision-maki ng. These tools are necessary for anyone seeking
employment as an analyst in the corporate world. The course additionally makes the student
more logical in making or refuting arguments.

• Content {Unit-wise):

Unit 1 Preliminaries:
Logic and proof techniques; sets and set operations; relations; functions and their
properties; number systems.
Unit 2 Functions of one real variable:
Graphs; elementary types of functions: quadratic, polynomial, power, exponential,
logarithmic; sequences and series: convergence, algebraic properties and applications;
continuous functions: characterisation, properties with respect to various operations and
applications; differentiable functions: characterisation, properties with resp.ect to various
operations and applications; second and higher order derivatives : properties and
applications.
Unit 3 Single-variable optimization
Geometric properties of functions: convex functions, their characterisation and
applications; local and global optima: geometric and calculus-based characterisation,
applications.

@ 14
• Suggested Readings:

- Sydsaeter, K., Hammond, P. (2002}. Mathematics for economic analysis. Pearson Education.
- Hoy, M ., Livernois, J., McKenna, C., Rees, R., Stengos, T. (2001). Mathematics for
Economics, Prentice-Hall India.

• Course Assessment: Internal Assessment - 25, Final Examination - 75

15
 Annexure-3
Introductory Statistics for Economics
• Course Code : ECON003

• Course Abbreviation : STATl

• Credits: 4

• Duration (per week): 4 hours (3 Lectures+ 1 Tutorial)

• Course Objectives:

The course familiarizes students with methods of summarizing and describing important features
of data. The course teaches students the basics of probability theory and sets a necessary
foundation for Inferential Statistical Theory and the Econometrics courses. The familiarity with
probability theory will also be valuable for courses in economic theory.

• Course Learning Outcomes:

The student would understand the concept of probability, random variables and their
distributions and become familiar with some commonly used discrete and continuous
distributions of random variables so that they would be able to analyse various real-life data.

• Content (Unit-wise) :

Unit 1 : Introduction and overview

The distinction between populations and samples and, between population parameters and
sample statistics; Pictorial Methods in Descriptive Statistics; Measures of Location and
Variability.
Unit 2 : Elementary probability theory
Sample spaces and events; probability axioms and properties; counting techniques;
conditional probability and Bayes' rule; independence:
Unit 3 : Random variables and probability distributions
Defining random variables; discrete and continuous random variables, probability
distributions; expected values and functions of random variables.
Unit 4 : Sample Distributions
Properties of commonly used discrete and continuous distributions (uniform, binomial,
exponential, Poisson, hypergeometric and Normal random variables).
Unit 5 : Random sampling and jointly distributed random variables
Density and distribution functions for jointly distributed random variables; computing
expected values of jointly distributed random variables; conditional distributions and
expectations, covariance and correlation.

• Suggested Readings:

16
 - Devore,J . (2012). Probabi/ityandStatisticsforEngineers, 8th ed. Cengage Learn- ing.
- John A. Rice (2007). Mathematica/StatisticsandDataAnalysis, 3rd ed. Thomson Brooks/Cole.
- Miller, I., Miller, M . (2017). J. Freund'sMathematica/StatisticswithApp/ications, 8th ed.
Pearson.
- Hogg, R., Tanis, E., Zimmerman, D. (2021) Probability and Statistical inference, 10th Edition,
Pearson

• Course Assessment: Internal assessment - 25, final Exmination - 75

17
 Annexure-4
Basic Mathematics for Economic Analysis
• Course Code : ECON021

• Course Abbrev iation : BMEA

• Credits: 4

• Duration (per week): 4 hours (3 Lectures+ 1 tutorial)

• Course Objectives:
The objective of this course is to train basic algebras that enables the study of economic theory
at the undergraduate level, specifically the courses on microeconomics, macroeconomics,
statistics and econometrics set out in this syllabus. In this course, particular economic models are
not the ends, but the means for illustrating the method of apply- ing mathematical techniques to
economic theory in general. It contains understanding of basic functions, relations, real number
systems, set operations, linear algebras and matrix operations used in economics.
• Course Learning Outcomes:

The course equips the students with exposition of economic problems with formal pre- sentation
algebraically and offers solution techniques to find equilibrium analysis. These tools are necessary
for anyone seeking employment as an analyst in the corporate and policy framing world.

• Content (Unit-wise):

• Unit 1 : Economic Models

Ingredients of mathematical models - variables, constants, parameters, equations, and
identities; Real number system; Sets and functions; relations and their proper- ties; types of
functions; functions of more than one variables; Limit, sequences and series: convergence,
algebraic properties and applications; cont inuous functions: characterisation, properties
with respect to various operations and applications; differentiable functions:
characterisation, properties with respect to various operations and applications; second
and higher order derivatives: properties and applications.

Unit 2 Equilibrium Analysis in Economics

Meaning of equilibrium; partial market equilibrium - linear and non-linear models; General
market equilibrium

Unit 3_: Linear Models and Matrix Algebras and their Applications in Economics Matrix
operations, Determinants and Cramer's Rule and their applications

• Suggested Readings:

• Chiang, A and Wainwright, K. (2005). Fundamental methods of mathematical economics. Boston,

Mass. McGraw-Hill/Irwin.
' -

• Sydsaeter, K., Hammond, P. (2002). Mathematics for economic analysis. Pearson Educational.

• Hoy, M., Livernois, J., McKenna, C., Rees, R., Stengos, T. (2001). Mathematics for Economics,
Prentice-Hall India.

• Course Assessment: Internal Assessment - 25, Final Examination - 75

19
 Annexure-5
Principles of Microeconomics I
• Course Code : ECON025

• Course Abbreviation : PMICl

• Credits: 4

• Duration (per week): 4 hours (3 lectures+l tutorial)

• Course Objectives:

This course discusses the basic principles in Microeconomics and their applications. It includes
consumer's problem, demand estimation, production function, cost functions and market
analysis. It illustrates how the concepts of microeconomics can be applied to analyze real-life
economic situations.

• Course Learning Outcomes:

The students learn some basic principles of microeconomics of consumer and producers, and
interactions of supply and demand, characteristics of perfect competition, efficiency and welfare
outcomes.

• Content {Unit-wise):

Unit 1: Introduction
Problem of scarcity and choice: scarcity, choice and opportunity cost; production possibility
frontier; economic systems. Demand and supply: law of demand, determinants of demand,
shifts of demand versus movements along a demand curve, market demand, law of supply,
determinants of supply, shifts of supply versus movements along a supply curve, market
supply, market equilibrium. Applications of demand and supply: price rationing, price floors,
consumer sur- plus, producer surplus. Elasticity: price elasticity of demand, calculating
elasticity, determinants of price elasticity, other elasticities
Unit 2: Consumer Theory
Budget constraint, concept of utility, diminishing marginal utility, Diamond-water paradox,
income and substitution effects; consumer choice: indifference curves, derivation of
demand curve from indifference curve and budget constraint.
Unit 3: Production and Costs
Production: behaviour of profit maximising firms, production process, production functions,
law of variable proportions, choice of technology, isoquant and isocost lines, cost minimizing
equilibrium condition
Costs: costs in the short run, costs in the long run, revenue and profit maximization,
minimizing losses, short run industry supply curve, economies and dis- economies of scale,
long run adjustments
Unit 4: Perfect Competition
Assumptions : theory of a firm under perfect competition, demand and revenue; equilibrium

20

@
 of the firm in the short run and long run; Long run industry supply curve: increasing,
decreasing and constant cost industries.
Welfare: allocative efficiency under perfect competition.

• Suggested Readings

- Mankiw, N. G. (2018). Principles ofMicroeconomics 8th ed .

- Frank, R. H., & Cartwright, E. (2010). Microeconomics and behavior. New York: McGraw-Hill.
- Bernheim, B., Wh inston, M . (2009). Microeconomics. Tata McGraw-Hill.

• Course Assessment: lnternalAssessment-25, Final Examination - 75

21
 Annexure-6
Basic Development Economics
• Course Code : ECON029

• Course Abbreviation : BASDEV

• Credits: 4

• Duration (per week): 4 hours (3 lectures + 1 Tutorial)

• Course Object ives:

This course exposes students to some of the key ideas and concepts in the areas of economic
growth, human development and globalisation building on the con~ept of growth and further
links it up with alternative conceptions of development.

• Course Learning Outcomes:

Students will develop a critical understanding of the contemporary issues in economic growth
and development and their paths. Students will thus be better prepared to face the
professional world and can use this knowledge base in a variety of jobs, including in the
corporate, civil service and NGO sectors.

• Content (Unit-wise):

Unit 1 : Development and underdevelopment

Growth vs Development; Classic Approaches of Development; Contemporary theories of
Development and Underdevelopment

Unit 2 : Development goals and indicators, measures of underdevelopment

Various concepts and measures of poverty and inequality, poverty lines using various
national and international criteria.

Unit 3 : Capabilities, human development and sustainable development

Unit 4: Globalisation and development

• Suggest ed Re adings:

- Debraj Ray, Development Economics, (DE), Princeton University Press, 1998.

- Robinson, J. A., & Acemoglu, D. (2012). Why nations fail: The origins of power, prosperity
and poverty (pp. 45-47). London: Profile.
- Abhijit Banerjee, Roland Benabou and Dilip Mookerjee (eds), UnderstandingPoverty
(UP), Oxford University Press, 2006.

- Angus Deaton, The Great Escape: Health, Wealth and the Origins of Inequality, Princeto n
University Press, 2013.
@
22
'\

- Gustav Ranis et.al, Economic Growth and Human Development, World Development Vol.
28, No . 2, Elsevier Science Ltd., 2000

- Amartya Sen, Development as Freedom, OUP, 2000

- Thomas Piketty and Emmanuel Saez, ' Inequality in the Long Run' , Science, 344 (838),
2014

- Piketty, Thomas, 2019, Capita/and Ideology, Harvard University Press,

- Severine Deneulin with Lila Shahani (ed.), An Introduction to the Human Developmentand
Capability Approach: Freedom and Agency, Roultedge, 2009

• Course Assessment: Internal Assessment - 25, Final Examination - 75

23
 Annexure-7

Essentials of Economics

• Course Code : ECON076

• Course Abbreviation : ECO

• Credits: 4

• Duration (per week): 4 hours (3 lectures+l tutorial)

• Prerequisite : No prior knowledge of economics is needed for this course.

• Course Objectives:

This course will introduce the fundamental concepts of economics, the study of how people manage
resources. It contains basic principles of microeconomics (the behaviour of consumers, firms and
companies), macroeconomics (national production, employment, inflation and interest rates) and
international economics (balance of payment, exchange rate and trade) with graphical illustration and
contemporary examples.

• Course Learning Outcomes:

By studying this course, the students will learn to think like an economist and understand how a modern
market economy function. They will learn about the factors that determine long-run growth and short-
term fluctuations and role of government and financial institutions, so they can better understand how
economics applies to the everyday life.

• Content (Unit-wise):

Unit 1 : Microeconomic Foundations

Foundations of economics, how market works, firms ar:id market structures, markets for factor of
production, role of government

Unit 2 : Macroeconomic Foundations

GDP (measuring total production, income and economic growth), unemployment and inflation; aggregate
demand and aggregate supply analysis; monetary and fiscal policies

Unit 3 : Foundation of International Economics

Comparative advantage and the gains from trade, macroeconomics in an open economy

24
• Suggested Readings

- Hubbard, G., Garnett, A., & Lewis, P. (2019). Essentials of economics. 5 th edition, Pearson Higher
Education AU.

- Sloman, J., & Garratt, D. (2016) . Essentials of Economics, 7 th edition, Pearson

• Course Assessment: Internal Assessment - 25, Final Examination - 75

25