Paper I -Growth and Development

1. Economic Growth and Development : Concept, Contrasts and Affecting Factors 2. Development and Under-Development 3. Obstacles to Under-Development 4. Concept of Poverty Line 5. Theories of Demographic Transition 6. Capital Formation 7. Classical Theories of Development : Adam Smith and David Recardo 8. The Harrod-Domar Growth Models 9. Shumpeter and Capitalistic Development 10. Lewis’s Model 11. Rostow’s Model of Growth 12. Role of Monetary and Fiscal Policies in Developing Countries 13. Monetary Policy of India 14. Fiscal Policy of India 15. External Resources : Foreign Capital (FDI) Aid vs Trade and Technology Inflow 16. Indian Economy and Multinational Corporation

 Paper II - आर्थिक चिन्तन का इतिहास (History of Economic Thought)

1. Mercantilism 2. The Psysiocracy 3. Adam Smith 4. Thomas Robert Malthus 5. David Ricardo 6. Karl Marx 7. Walras 8. Walras 9. Marshall 10. Arther Cecil Pigou 11. Kautilya 12. J. B. Say 13. Mahatma Gandhi 14. Amartya Sen 15. John Maynard Keynes.