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  #1  
Old 6th May 2015, 03:25 PM
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Default Ma Economics Jamia Millia Islamia

Can you please tell me the Jamia Millia Islamia offer the MA economics course, if yes than provide me the course structure and the application form for admission in Jamia Millia Islamia? Also give the eligibility criteria of the university?
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Old 26th May 2018, 10:20 AM
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Default Re: Ma Economics Jamia Millia Islamia

Can you provide me the M.A. (Master of Arts) Economics Syllabus offered by JMI (Jamia Millia Islamia) as I want to check it before applying for admission in the College?
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Old 26th May 2018, 10:23 AM
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Default Re: Ma Economics Jamia Millia Islamia

The M.A. (Master of Arts) Economics Syllabus offered by JMI (Jamia Millia Islamia) is as follows:

Semester I (Compulsory Papers)

1. MICRO ECONOMICS

Unit 1: Theory of Consumer Behavior
- Demand Theory: Preference Based Approach under Choice under Certainty
- Revealed Preference Theory
- Welfare Analysis and Aggregate Demand
- Consumer Demand Theory: Choice Under Uncertainty

Unit 2: Theory of Firm Production and Cost
- Theory of Production
- Theory of Cost
- Profit Function
- Homogeneous, Homothetic, CES, Cobb Douglas, Translog Production Function

Unit 3: Market Structure
- Monopoly
- Monopolistic Competition
- Oligopoly Price Competition
- Oligopoly Quantity Competition

Reading List:
- Mas-Colell, Andreu, Michael D.Whinston and Jerry R. Green, (1995), Microeconomic Theory, Oup, New York
- Jehle & Renne, Advanced Microeconomic Theory, Pearson Education, India
- Varian, Hall R., (1992), Microeconomic Analysis (Third Edition), W.W. Norton & Company, New York, London
- Varian, Hall R.(1990), Intermediate Microeconomics, W.W. Norton & Company, New York, London.
- Kreps, David M.(1998), A Course in Microeconomic Theory, Prentice Hall, India, New Delhi (For Unit V)
- Silberberg E., The Structure of Economics: A Mathematical Analysis, McGraw-Hill

2. MACRO ECONOMICS

Unit 1: Classical Approach, Keynesian Approach and Monetarism
- Determination of Price, Output and Employment
- Is-Lm Analysis-Aggregate Demand and Supply;
- Is-Lm and the Neoclassical Synthesis
- The Short Run and Long Run Phillips Curve;
- Expectation, Interest Rates and Inflation;
- The Trade-off Between Inflation and Unemployment,
- The Natural Rate of Unemployment (NRU),
- NRU and Full Employment,
- Macroeconomic Policy

Unit 2: New Classical Macroeconomics and New Keynesianism:
- Main Features of the New Classical Macroeconomics,
- Efficient Market Hypothesis,
- Rational Expectation Model,
- Lucas Supply Function,
- Okuns Law and Phillips Curve,
- Reh and its Critique,
- Keynesian Reappraisal School (Clower, Leijonhufvud and Malinvaud)

Unit 3: Imperfect Completion Approach
- Inflation and Employment- Non Accelerating Inflation Rate of Unemployment (NAIRU) and Natural Rate of Unemployment,
- Policy to Shift the Equilibrium Rate of Unemployment;
- Supply Side Fiscal and Income Policies,
- The Effect of Policy on Actual Employment,
- Crowding out Effect

Reading List:
- Wendy Carlin and David Soskice (1996)- Macroeconomics and The Wage Bargain; Oxford University Press
- Branson, W. (1989) Macroeconomic Theory and Policy; (3rd Ed, Harper & Row)
- Dornbush, R. and S. Fischer (2004) Macroeconomics (9th Ed, Tata-Mcgraw Hill))
- Jha, R. (1991) Contemporary Macroeconomic Theory and Policy; (Wiley Eastern)
- Levacic, R and A. Rebman (1986) Macroeconomics; (2nd Ed, Macmillan)
- Mankiw, N. Gregory (2000) Macroeconomics (4th Ed, Macmillan-Worth))
- Mankiw, N.G. and D. Romer (Eds.) (1991) New Keynesian Economics; (Mit, Cambridge)
- Begg, D. K. H. (1982), The Rational Expectation Revolution in Macro-Economics, Oxford, Allan
- Davidson, Paul (1994), Post Keynesian Macroeconomic Theory, Aldershot, Uk: Edward Elgar.
- Romer, David (1996), Advanced Macroeconomics, New York: Mcgraw-Hill.

M.A. Economics Syllabus JMI (Jamia Millia Islamia)




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