Rayalaseema University Question Papers

Hello sir I am student of M.A. Economics at Rayalaseema University so now I require the syllabus of SEMESTER-I will you please provide it ??

[Shaleen]

Rayalaseema University, Kurnool, came into existence, fulfilling the long-treasured dream of people of Kurnool district in the year 2008, by Act No. 29 of 2008 passed by the Legislature of the State of Andhra Pradesh and disseminated in the Andhra Pradesh Gazette on 24 September 2008.

As you are demanding for the syllabus of SEMESTER-I of M.A. Economics

Here is given below:

MODULE-I

Elasticity (Price, Cross, Income) of Demand – theoretical aspects and empirical estimation; Elasticity of Supply; Theories of Demand – Utility: Indifference Curve (Income and Substitution effects, Slutsky Theorem; compensated demand curve) and their application; Revealed Preference Theory; revision of Demand theory of Hicks; Recent developments in demand analysis (Pragmatic Approach and Linear Expenditure system).

MODULE-II

Production Function – Short period and long period: Law of variable proportions and returns to scale; Isoquants – Least cost combination of inputs; Returns to factors; Economies of Scale; Multi-product firm; Elasticity of substitution; Euler’s theorem; Technical progress and production function: Cobb-Douglas, CES Cost functions – Traditional and modern theories of costs – Empirical evidence: Derivations of cost functions from productions: Derived demand for factors. Long run average cost curve.

MODULE-III

Marginal Analysis as an approach to price and output determination: Perfect competition – Short run and long run equilibrium of the firm and Industry, price and output determination, supply curve; Monopoly – Short run and long run equilibrium, price discrimination; Monopolistic Competition – General and Chamberlin approaches to equilibrium, Equilibrium of the firm and the group with product differentiation and selling costs, excess capacity under monopolistic and imperfect competition, criticism of monopolistic competition.

MODULE-IV

Oligopoly – Non-collusive (Cournot, Bertrand, Edgeworth, Chamberlin, Kinked Demand curve and Stacklberg’s Solution) and collusive (Cartels and mergers, price leadership) Model: Price – Output determination under Monopoly and Bilateral monopoly.





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Rayalaseema University
Nandyal Chaurasta Road, Sree Rama Nagar,
Kurnool, Andhra Pradesh 518007