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5th March 2016, 11:02 AM
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Join Date: May 2012
Re: BAMU MA Economics

Dr. Babasaheb Ambedkar Marathwada University,(BAMU) offered MA in economics , as you want its syllabus , so on your demand here I am providing:
BAMU MA Economics syllabus
Semester-II
OBJECTIVE:
The purpose of this paper on price theory at the M.A. level is to enable
students to have an understanding of the various components regarding price
determination under various types of markets. Units incorporated in this paper
would enable the students to know about the theory of production, cost and
revenue analysis, forms of markets and factor pricing theories.
Periods
Unit -1. Theory of Product Pricing: 15
Marginal analysis as an approach to price and output determination;
pricing under perfect competition: short run and long run equilibrium of the firm
and industry; monopoly: short run and long run equilibrium; price discrimination,
monopoly control and regulation.
Unit -2. Monopolistic competition: 16
General and Chamberlin approaches to equilibrium; equilibrium of the
firm and group with product differentiation and selling costs; excess capacity
under monopolistic and imperfect competition, oligopoly: Non-collusive and
collusive; kinked demand curve.
Unit -3. Alternative Theories of the Firms: 12
Critical evaluation of marginal analysis; Baumol's sales revenue
maximization model; Full cost pricing rule; Bain's limit pricing theory and its
recent developments including Sylos-Labini's Model; Behavioural model of the
firm; Game theoretic models.
Unit-4. Theories of Factor Pricing and Welfare Economics: 17
Theory of distribution: New Classical approach: Marginal productivity
theory; product exhaustion; Elasticity of technical substitution; technical progress
and factor shares; Pigovian welfare economics; Pareto optimal conditions; value
judgment; social welfare function; compensation principle; Arrow's impossibility
theorem; Rawl's theory of justice, equity efficiency trade off.
Reading List:
Kreps, Devid M. (1990), A Course in Microeconomic Theory, Princeton
University Press, Princeton.
Koutsoyainnis, A (1979), Modern Microeconomics, (2nd Edition)
Macmillan Press, Landon.
Layard, P.R.G. and A.W. Walters (1978), Microeconomic Theory,
McGraw Hill, New York.
Sen, A. (1999), Microeconomics: Theory and Applications, Oxford
University Press, New Delhi.
Stigler, G. (1996), Theory of Price, (4th Edition), Prentice Hall of India,
New Delhi.
Varian, H. (2000), Microeconomic Analysis, W.W. Norton, New York.
Baumol W.J. (1982), Economic Theory and Operations Analysis, Prentice
Hall of India, New Delhi.
Hirshleifer, J. and A Glazer (1997), Price Theory and Applications,
Prentice Hall of India, New Delhi.
Da Costa, G.C. (1980), Production Prices and Distribution, Tata McGraw
Hill, New Delhi.
Archibald, G.C. (ed) (1971), Theory of the Firm, Penguin,
Harmondsworth.
Bain J. (1958), Barriers to New competition, Harvard University Press.
Harvard.
Bronfenbrenner, M. (1979), Income Distribution Theory, Macmillan,
Landon.
Broadway, R.W. and N. Bruce (1984), Welfare Economics, Basil Black
Well, London.
Graff J. De. V. (1957), Theoretical Welfare Economics, Cambridge
University Press, Cambridge.
Semester –II
ECO-206: THEORY OF MONEY (Compulsory)
OBJECTIVE:
Theory of Money constitutes important components towards understanding
of economics. A clear understanding of the operations of money and banking and
their interaction with the rest of the economy is essential to realize how monetary
forces operate through a multitude of channels - Market, non-market, institutions
and among others. The paper on theory of money is essential for students to
understand the theories of demand for money and supply of money.
Periods
Unit -1. Supply of Money: 16
Financial intermediation: a mechanistic model of bank deposit
determination; A behavioural model of money supply determination; a demand
determined money supply process; RBI approach to money supply; High
powered money and money multiplier; Budget deficits and money supply; money
supply and open economy; control of money supply.
Unit -2. Demand for Money: 16
Classical approach to demand for money: Quantity Theory approach,
Fishers equation, Cambridge quantity theory, Keynes's liquidity Preference
approach, transaction, precautionary and speculative demand for money:
aggregate demand for money; derivation of LM curve.
Unit-3. Neo-Classical and Keynesian Synthesis: 16
Neo Classical and Keynesian views on interest; the IS-LM Model;
extension of IS-LM Model with Government sector, Relative effectiveness of
monetary and fiscal policies; Extension of IS-LM model with labour market
flexible prices.
Unit -4. Post Keynesian Demand For Money: 12
Post-Keynesian approaches to demand for money: Patinkin and the Real
Balance Effects, Approaches of Baumol and Tobin, Friedman and the Modern
quantity theory; Crisis in Keynesian economics and the revival of monetarism.
Reading List:
Ackley G. (1978), Macro Economics; Theory and Policy, Macmillan, New
York.
Blackhouse R. And A Salansi (Eds.) (2000), Macro Economics and The
Real World (2 Vols.) Oxford University Press, London.
Branson. W.A. (1989), Macro Economics: Theory And Policy, (3rd edition)
Harper and Row, New York.
Dornbusch R and Fischer, Stanley (1997), Macro Economics, McGraw
Hill, Yew York.
Hall, R.E. and G.B. Taylor (1986) Macroeconomic, W.W. Norton, New
York.
Heijdra B.J. and V.P. Frederick (2001), Foundations of Modern Macro
Economics, Oxford University Press, New Delhi.
Jha, R. (1991), Contemporary Macroeconomics Theory And Policy, Wiley
Eastern Ltd, New Delhi.
Romer, D.L. (1996), Advanced Macroeconomics, McGraw Hill, New
York.
Scarfe B.K. (1977), Cycles of Growth and Inflation, McGraw Hill, New
York.
Shapiro, E. (1996), Macroeconomic Analysis, Galgotia Publication, New
York.
Leijonhufvud A (1968), On Keynesian Economics and the Economics of
Keynes, Oxford University Press, London.
Hicks J.R.(1974), The Crisis in Keynesian Economics, Oxford University
Press, New Delhi.
Laidler, D.F.W. (1977), Demand for Money: Theory and Evidence, Dum-
Don Valley, New York.
Semester –II
ECO-207: International Trade Policies and Finance (optional)
OBJECTIVE:
The paper provides a deep understanding about the broad principles and
theories, which tend to govern the free, flow of trade in goods, services and
capital. Besides, preparing the students about the relevance and limitations of
these principles, the contents of the paper spread over different units, lay stress
on the theory and nature of the subject which, in turn, will greatly help them to
examine the impact of the trade policies followed both at the national and
international levels.
Periods
Unit -1. India's International Trade Policies: 16
Trade problems and trade policies in India since 1991; Recent changes in
the direction and composition of trade and their implications; Rationale and
impact of trade reforms since 1991 on balance of payment; employment and
growth. Problems of India's international trade; Instruments of export promotion
and recent import and export policies and agenda for future.
Unit -2. Balance of Payment: 17
Meaning and components of balance of payments; Equilibrium and
disequilibrium in the balance of payment; The process of adjustment under
systems of gold standard, fixed exchange rates and flexible exchange rates;
Policies for achieving internal and external equilibrium simultaneously under
alternative exchange rate regimes; A critical review of the monetary approach to
the theory balance of payment adjustments.
Unit-3. International Financial Institutions: 13
Functions of GATT /WTO (TRIPS, TRIMS), IMF, World Bank and Asian
Development Bank: Their achievements and failures; WTO and World Bank
from the point of view of India. International Development Association and
India.
Unit-4. International Financial Markets: 14
Foreign Exchange markets: Exchange rate, Methods of foreign exchange
rates; Devaluation, Depreciation and floating exchange rates. Currency Futures
and options markets; International financial flows; Euro-Dollar and Euro
Currency market, problems of International liquidity.
Reading List:
Bhagwati, J. (Ed) (1981), International Trade, Selected Readings,
Cambridge, University Press, Massachusetts.
Carbaugh, R.J. (1999), International Economics, International Thompson
Publishing, New York.
Chacholiades, M. (1990), International Trade; Theory and Policy, McGraw
Hill, Kogakusha. Japan.
Dana, M.S. (2000), International Economics: Study, Guide and Work
Book, (5th edition), Routledge Publishers, London.
Kenen, P.B. (1994), The International Economy , Cambridge University
Press, London.
Kindlegerger, C.P. (1973), International Economics, R.D. Irwin.
Homewood.
King, P.G. (1995), International Economics and International Economic
Policy, A Reader, McGraw' Hill International, Singapore.
Krugman, P.R. and M. Obstfeld (1994), International Economics: Theory
and Policy, Glenview, foreman.
Salvatore, D. (1997) International Economics, Prentice Hall, Upper Saddle
River, N.J. New York.
Grable J.O. 1966), International Financial Markets, Prentice Hall,
Englewood Cliffs, New York.
Kindleberger C.P.(1996), A History of Financial Crisis: Manias panics and
Crashes,(3rd Edition), John Wiley sons, New York.
Aggarwal M.R. (1979), Regional Economic Cooperation in South Asia,
S.Chand and Co., New Delhi.
Goldstein M. (1998), The Asian Financial Crisis; Causes, Cure and
Systemic Implications, Institute for International Economics, Washington,
D.C.

For the detailed syllabus here is attachment;
Attached Files
File Type: pdf BAMU MA Economics syllabus.pdf (101.8 KB, 104 views)


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