Solapur University Syllabus for M.A Economics

Hello sir I am Neelam, will you please provide me syllabus of the M.A. Part – I
Economics Micro Economic Analysis of Solapur University??

[Shaleen]

Here as per your demand I am providing you syllabus of the M.A. Part – I
Economics Micro Economic Analysis of this Solapur University

SEMESTER – I
1)Introduction and Basic Concepts:
1.1 Basic Economic problem – Choice and scarcity.
1.2 Deductive and Inductive Methods of Analysis
1.3 Positive and Normative economics.
1.4 Economic Models.

2) Demand Analysis.
2.1 Indifference curve technique and their application.
2.2 Income, Substitution and Price Effects.
2.3 Revealed preference theory.

3) Theory of Production and costs.
3.1 ISO quant
3.2 Economics of scale
3.3 Euler’s theorem.
3.4 Technical progress and production function
3.5 Cobb Douglas.
3.6 Traditional and Modern theories of costs.

4) Price and Output determination
4.1 Perfect competition: Short run and long run equilibrium of the firm and Industry price and output determine ation.
4.2 Monopoly : Short run and long run equilibrium price discrimination, monopoly control, and regulation.
4.3 Monopolistic competition : Chamberlain’s Approaches to equilibrium, equilibrium of the firm and the group with product differentiation, selling costs, Excess capacity under monopolistic competition.
4.4 Oligopoly : Collusive and non – collusive – Collusive (Cartels and mergers, price leadership and basing point price system) models. Non collusive (confront bertand, Edge worth, chamberlains) models, kinked demand curve.
4.5 Price and output determination under monopsony and bilateral monopoly.

Semester – II
1)Alternative theories of the Firm :
1.1 Critical evaluation of Marginal analysis
1.2 Baumol’s sales revenue maximization model
1.3 Williamson’s model managerial discretion.
1.4 Marries model of managerial enterprise
1.5 Full cost pricing rule.
1.6 Bain’s limit pricing theory and its recent development.

2) Distribution :
2.1 Neo-Classical Approach–Marginal productivity theory
2.2 Product exhaustion theorem
2.3 Theory of distribution in imperfect product and factor markets.
2.4 Determination of rent, wages, interest and profit.
2.5 Macro theories of distribution–Ricardian, Marxian, Kalecki and Kaldor.

3) Welfare Economics :
3.1 Pigovian welfare economics
3.2 Parato optimal conditions
3.3 Social welfare function
3.4 Compensation principle
3.5 Theory of second best
3.6 Arrow’s impossibility theorem
3.7 Amartya Sen’s concept of welfare

4) General Equilibrium :
4.1 Partial and general equilibrium
4.2 Walrasian excess demand and input output approaches to general equilibrium

5) Economics of uncertainty :
5.1 Individual behavior towards risk.
5.2 Expected utility and certainty equivalence approaches.
5.3 Risk and risk aversion
5.4 Economics of insurance,cost and risk, risk pooling and risk spreading
5.5 Economics of search.
5.6 Economics of information