UNIT- I International Economics
1. International Trade : Meaning, Characteristics, Impor-tance-Similarities and Difference Between Inter-nal Trade and International Trade, 2. Importance/Role of International Trade in Economic Development, 3. Recent Trends in International Trade, 4. Problems of International Trade, 5. Theories of International Trade (1) Adam Smith (ii) David Ricardo, 6. J. S. Mill’s Theory of Reciprocal Demand, 7. Haberler’s Theory of Opportunity Cost, 8. Heckscher-Ohlin Theory of International Trade and Leontief Paradax, 9. Terms of Trade—Meaning, Importance, Classification, Factors Affecting Terms of Trade and Relation with Gains, 10. Principles or Theories of Determination of Foreign Rate Exchange-Mint Per Rate of Exchange-Purchasing Power Parity Theory-Balance of Payments Theory,11. Fixed and Floating Exchange Rates, 12. Free Trade and Protection : Tools of Protection–Custom Duty, Quota Devaluation, Tariffs State Trading etc., 13. Foreign Exchange Control : Meaning, Objectives, Methods and Exchange Control in India, 14. European Common Market, 15. International Economic Intergration–Theory of Customs Union, 16. Balance of Payment—Concept, Importance, Causes of Disequilibrium and Policies to Correct Disequilibrium in Balance of Payments, 17. International Monetary Fund : I.M.F., 18. International Bank of Reconstruction and Development (I.B.R.D.) or World Bank, 19. Gatt and World Trade Organisation (WTO), 20. Objects, Functions and Achievements of the UNCTAD (Trade and Development Conference of U.N.O.), 21. Asian Development Bank (A.D.B.) and its Role, 22. Export-Import Policy (With Special Reference to India), 23. E-Trade,
UNIT - II Economic Growth & Development
1. Economic Development : Meaning, Measurement, Indicators and Determinants, 2. Developed and Under-developed (Developing) Economy, 3. Obstacles in Economic Development or Causes of Under development, 4. Terms of Trade and Economic Development, 5. Human Resources and Economic Development, 6 .Factors affecting Economic Growth : Labour, Capital and Technology, 7. Socio-economic Infrastructure and its importance, 8. Myrdal's Theory of Circular Causation, 9. Nelson's Theory of Low-Level Equilibrium—Trap, 10. Rodan's Theory of Big Push, 11 Rostow's Stages of Economic Growth, 12. Harvey Leibenstein's Theory of Critical Minimum Effort, 13. Theory of Economic Growth—Marx, 14. Theory of Economic Growth—Schumpeter, 15.The Harrod-Domar Growth Models, 16. Doctrine of Balanced and Unbalanced Growth, 17. Saving, Investment and Capital Formation, 18. Disguised Unemployment and Saving Potentiality— Nurkse Model, 19. Lewis's Theory of Unlimited Supplies of Labour, 20. Problem of Choice of Technique or Technology, 21. Foreign Capital and Economic Development, 22. Growth, Poverty and Income Inequalities, 23 .Monetary Policy of India, 24. Fiscal Policy of India, 25 .Price Policy of India, 26 .Income Policy in Economic Development, 27. Resource Mobilisation in Economic Development, 28. Black Money—Parallel Economy in India, 29. Export-Import Policy of India, 30. New Economic Policy—Liberalisation, Privatisation and Globalisation,
UNIT - III History of Economic Thought
1. Mercantilism, 2. The Physiocracy, 3. Adam Smith, 4. Thomas Robert Malthus, 5. David Ricardo, 6. Sismondi, 7. Carl Marx, 8. John Stuart Mill, 9. Friedrick List, 10. Say and Senior, 11. Precursors of Marginalist School—Cournet, Gossen and Thunen, 12. Marginalist School—Jevons, Walras, Menger, Wieser and Bawerk, 13. Wicksell, Fisher and Wicksteed, 14. Marshall, 15. Arther Cecil Pigou, 16. J. A. Schumpeter, 17. John Maynard Keynes, 18. Economic Thoughts of Kautilya, 19.Indian Economic Thoughts : Naoroji, Ranade and Dutta, 20. Economic Ideas of Mahatma Gandhi, 21. Planning in India, 22. J. K. Mehta and Amartya Sen.
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