LALA LAJPATRAI COLLEGE OF COMMERCE & ECONOMICS
MAHALAXMI, MUMBAI – 400 034
Business Economics-V (Macro Economic Aspects of
Course Title
India)
Course Credit 3
Course Code BCO504
Semester and
academic year
Semester V, 2024-25
Nature of Course Mandatory
Duration (Hrs.) 3 hours per week
Course Objectives
To impart knowledge of the concept and significance of Social Infra structure with
specific reference to education, health and family care policies of India.
To make learners understand the concept of Sustainable Development Goals and
different initiatives taken by Indian government to achieve these goals.
To give thorough insight into role of FDIs and Multinationals and familiarise the
learners with recent Indian Foreign Investment policy.
To provide in-depth details of National Agriculture Policy 2000 and its role in
transforming Indian Agriculture.
To enlighten the learners on various aspects and elements of Agriculture pricing
policy of India.
To enlighten the learners on the structure of Indian Agricultural finance and recent
measures to improve rural credit.
To impart detailed understanding on Indian Agricultural Marketing system, its
structure, issues and challenges and recent policy measures.
To make the learners understand different aspects of Competition Act,2002 and
Micro, Small and Medium Enterprises.
To provide updated knowledge of recent trends in services sector with special
reference to Health care and Tourism industry of India.
To provide insight into recent trends, issues and challenges of Indian Banking and
Insurance sector.
To develop clear understanding among learners on the structure of Indian Money
Market, different financial money market instruments, limitations and suggestions.
To provide a detailed understanding on the structure of Indian Capital market, and
different reform measures undertaken during post reform period.
Course Outcome
Learners are expected to gain clear understanding of the concept of social infra structure
and different schemes launched by Indian government in education and health and
family care sector.
The learners shall develop clear understanding of the concept of sustainable
development goals and different initiatives taken by India to achieve these goals.
Learners shall gain thorough insight on role of FDIs and Multinationals and are able to
1
analyse Foreign Investment policy of India.
Learners are able to have detailed information on different aspects of National
Agriculture Policy 2000 and its role in transforming Indian Agriculture.
Learners shall be enlightened on various aspects and elements of Agriculture pricing
policy of India.
Learners are expected to clearly understand the structure of Indian Agricultural finance
and are able to examine recent measures to improve rural credit.
Students shall develop their own views after understanding Indian Agricultural
Marketing system, its structure, issues and challenges and recent policy measures.
Learners shall understand different aspects of Competition Act,2002 and Micro, Small
and Medium Enterprises.
Learners shall be well informed about recent trends in services sector with special
reference to Health care and Tourism industry.
Learners shall get deep insight into recent trends, issues and challenges of Indian
Banking and Insurance sector.
Students are able to learn the structure of Indian Money market, different financial
money market instruments, limitations and suggestions.
Learners shall get an updated and detailed learning of the structure of Indian Capital
market and different reform measures undertaken since 1991.
COURSE CONTENT:
Unit Content No. of
lectures
1 Macro-Economic Overview of India Since 2000: 15
1. Role of Social Infrastructure: with reference to Education,
Health and Family Welfare
2. Sustainable Development: Concept and Sustainable
Development Goals, and Recent Sustainable Development
Initiatives in India.
3. Government’s Flagship Programmes: Make in India, Invest
India and Skill India
4. Foreign Investment Policy Measures in India: Foreign
Investments Promotion Board, FDI-MNCs and their Role
2 Agriculture During Post Reform Period 10
1. National Agriculture Policy 2000: Objectives, Features and
Implications
2. Agricultural Pricing and Agricultural Finance
3. Agricultural Marketing Development: Agricultural Market
Infrastructure, Recent Developments in Agricultural
Marketing.
3 The Industry and Service Sector During 10
Post-Reform Period
2
1. Policy Measures, Competition Act, 2002
2. MSME Sector: Micro, Small and Medium
Enterprises [MSME Sector] Since 2007.
3.Service Sector: Recent Trends, Role and
Growth in Healthcare and Tourism Industry
4 Banking and Financial Market 10
1. Banking Sector: Recent Trends, Issues and
Challenges in Banking and Insurance
Industry
2. Money Market: Structure, Limitations and
Reforms
3. Capital Market: Structure, Growth and
Reforms
3
EVALUATION SCHEME:
Q No. Particulars Marks
Q.1 Objective Questions* 20
(A) Sub questions to be asked 12 and
to be answered any 10
(B) Sub questions to be asked 12 and
to be answered any 10
(Multiple Choice/ True or False/
Match the Columns/ Fill in the
Blanks)
Q.2 Attempt Any Two of the Following 15
A
B
C
Q.3 Attempt Any Two of the Following 15
A
B
C
Q.4 Attempt Any Two of the Following 15
A
B
C
Q.5 Attempt Any Two of the Following 15
A
B
C
Q6. Short Notes
Attempt Any Four of the Following 20
A
B
C
D
E
F
4
5
Reference Books
1) Mishra and Puri, (2020), Indian Economy ,41st Edition, Himalaya Publishing House.
2) Datta & Sundaram, Indian Economy, January 2024, S. Chand Publishing House.
3) IIBF, Indian Economy & Indian Financial System, Macmillan Education.
4) A.V Balakrishnan, Indian Economy Developmental Perspectives, G.K, Publications
5) Johnson, & Chatterjee, Macro Economic Aspects of India, Manan Prakashan.
6) Sanjeev Verma, The Indian Economy, 3rd Edition, Unique Publishers.
