Panjab University Chandigarh BA Subjects

I have completed 12th class with Arts stream and want to pursue BA at Panjab University Chandigarh . Provide the list of BA Subjects available at Panjab University Chandigarh together with the intake capacity and the fee criteria .

Can you provide me the syllabus/course structure of B.A. (Hons) Economics Program offered by Department of Economics, Panjab University, Chandigarh?

[pawan]

The syllabus/course structure of B.A. (Hons) Economics Program offered by Department of Economics, Panjab University, Chandigarh is as follows:

ECO-C1: INTRODUCTORY MICROECONOMICS

UNIT I
Exploring the subject matter of Economics Why study economics? Scope and method of
economics; the economic problem: scarcity and choice; the question of what to produce, how
to produce and how to distribute output. The basic competitive model. Supply and Demand:
How Markets Work, Markets and Welfare Markets and competition; determinants of
individual demand/supply; demand/supply schedule and demand/supply curve; market versus
individual demand/supply; shifts in the demand/supply curve, demand and supply together;
how prices allocate resources; elasticity and its application.

UNIT II
The Households The consumption decision - budget constraint, consumption and
income/price changes, demand for all other goods and price changes; description of
preferences (representing preferences with indifference curves); properties of indifference
curves; consumers optimum choice; income and substitution effects; labour supply and
savings decision - choice between leisure and consumption.

UNIT III
The Firm and Perfect Market Structure Behaviour of profit maximizing firms and the
production process; short run costs and output decisions; costs and output in the long run.
Controls on prices; taxes and the costs of taxation; consumer surplus; producer surplus and
the efficiency of the markets.
Imperfect Market Structure Monopoly and anti-trust policy; government policies towards
competition; imperfect competition.

UNIT IV
Input Markets Labour and land markets - basic concepts (derived demand, productivity of an
input, marginal productivity of labour, marginal revenue product); demand for labour; input
demand curves; shifts in input demand curves; competitive labour markets and firms profit
maximisation conditions in input market ; and labour markets and public policy.

Readings:
1. Karl, E. Case., and Ray C. Fair, (2007). Principles of Economics (8th ed.). Pearson
Education Inc.
2. N. Gregory Mankiw.( 2007) Economics: Principles and Applications.( 4th ed.). India
edition by South Western, a part of Cengage Learning, Cengage Learning India
Private Limited.
3. Joseph E. Stiglitz, and Carl E. Walsh. (2007) . Economics (4th ed.). W.W. Norton &
Company, Inc., New York, International Student Edition.


Syllabus B.A. (Hons) Economics Department of Economics, Panjab University, Chandigarh