Program- B.A.
Course- Economics
(As per the Credit Based Semester and Grading System)

Program- M.A.
Course- Economics
(As per the Credit Based Semester and Grading System)

30 hours certificate course in ‘STOCK MARKET AND INVESTMENT MANAGEMENT’ from the academic year 2021-22.

Programme Specific Outcomes (PSO’s)

B.A. (ECONOMICS)
Programme Specific Outcomes (PSO’s)

Programmes Specific Outcomes On completion of B.A (Economics),
Students are able to:
Understand basic concepts of economics.
Understand the economic way of thinking.
Understanding economic activities/planning/ budget.
Provide valuable knowledge for making decisions in everyday life
Create students ability to suggest of the various economic problems.
Creating awareness about changing macro-economic policies and theories.
Developing the skill of data collection & use of sampling techniques in research.
Developing research knowledge in economics.

M.A. (ECONOMICS)
Programme Specific Outcomes (PSO’s)

After having completed the master degree programme in economics, students should have the following knowledge, skills and competences.
Develop conceptual models of behavior to predict responses to changes in policy and market conditions.
Analyzing relevant economic literature, concretize economic problems, and have insight into how you may draw the connection between theory and empirical conditions
Analyze existing economic models and evaluate their relevance for theoretical and practical problem solving.
Depth knowledge about economic theory regarding the utilization and allocation of resources.
Able to use theoretical and empirical methods to analyze economic problems and to plan and carry out a research project.
Ability to deal with research in economics.
Use of econometrics and mathematical methods.

Course Outcomes

F.Y.B.A. ECONOMICS
F.Y.B.A
As Per Choice Based Credit System (CBCS)
(with effect from the Academic Year 2016 – 2017)

F.Y.B.A. ECONOMICS
SEMISTER I
MICRO ECONOMICS

This course is designed to introduce the student ten principles of economics, understand basic concept of micro economics and role government in the economy.

SEMISTER II
MACRO ECONOMICS PAPER II

This course is designed to introduce the student to the basic building blocks of macroeconomics. Using an open economy framework, the course develops an understanding of the constituents of the open economy. The student should be able to build on these constituents in the later years so as to be able to analyze macroeconomic policies

S.Y.B.A.
SEMESTER III (Academic Year 2017-18)
As Per Choice Based Credit System (CBCS)

Semester - III MICROECONOMICS –II

The Course is designed to develop the student’s understanding of basic tools of microeconomic analysis. It builds on the material covered in semester 1 and is designed to help the student apply microeconomics to the real world.

SEMESTER IV MACRO ECONOMICS –II

This paper is designed to build on the understanding of basic macroeconomic identity introduced in SEM II. The various components are detailed here in the context of a closed economy. The objective is to enable the student to understand how interest rate and income level are determined in a closed economy and how policy may affect these outcomes.

S.Y.B.A. SEMESTER III & IV

Semester III
Paper IV: Indian Economy: Contemporary Concerns

This paper will cover the material in the Economic Survey of the Government of India for that academic year. After the publication of the Economic Survey, the Board of Studies on Economics will finalize four topics from the Survey to be taught in that year. The topics for the year 2017-18 will be chapters 3,5,6,9 and 10 to be classified into four modules.

Semester IV
PAPER VI DEVELOPMENT ISSUES OF MAHARASHTRA’S ECONOMY

students will study the contemporary economic issues with respect to Indian economy in the context of Economic Survey of the Government of India while in Semester IV, students will study the Development Issues of Maharashtra’s Economy in the context of Report of The High Level Committee on Balanced Regional Development Issues in Maharashtra, Planning Department, Government of Maharashtra, 2013.

TYBA (SEMESTER –V)
(APPLICABLE FROM ACADEMIC YEAR 2018- 2019)
MICROECONOMICS III: PAPER VII

The course is designed to provide sound understanding in microeconomic theory. Since students have been taught perfect competition, this course focuses on three aspects, which are the study of imperfect competition, general equilibrium and welfare economics.

ECONOMICS OF DEVELOPMENT: PAPER VIII

This course is designed to inculcate diverse concepts related to economic growth and development by giving special emphasis on structural issues related to the process of development. In order to create awareness on policy options, the pressing problems on the path of development such as inequality, poverty and technological aspects are dealt in.

ECONOMICS OF AGRICULTURE AND COOPERATION: PAPER IX

This paper provides an overview of the role of agriculture in the economic development of the country and the salient features associated to agricultural productivity and agricultural labour. The pertinent aspects related to agricultural credit, agricultural marketing as well as the global problems existing in the marketing are dealt in. Students can acquire understanding about the features of agricultural policy and the agrarian crisis as well as the problems and challenges in the field of agriculture and cooperation.

RESEARCH METHODOLOGY: PAPER X

This paper is designed with the view to introduce the concepts, principles and methods of economic research based on qualitative and quantitative data. The course will enable the students to get an insight into the applications of modern analytical tools and techniques related economic decision making. The student gets an opportunity to learn how to collect and analyze primary and secondary data. Practical sessions will strengthen the knowledge related to computer applications to research analysis.

ENVIRONMENTAL ECONOMICS: PAPER XI

This course focuses on economic causes of environmental problems. In particular, economic principles are applied to environmental questions and their management. Economic implications of environmental policy are addressed as well as valuation of environmental improvements.

HISTORY OF ECONOMIC THOUGHT: PAPER XII

This course provides basic understanding about the celebrated economists and their contributions starting from the classical period. It throws light on the contributions of Nobel Laureates of recent period too.

TYBA (SEMESTER –VI)
MACROECONOMICS III: PAPER XIII

This course introduces the students to formal modeling of a macroeconomic theory with analytical tools. It focuses on goods market with fixed exchange rate, the money market, uncovered interest rate parity and the benefits and costs of fixed and flexible exchange rates.

INTERNATIONAL ECONOMICS: PAPER XIV

This course develops a systematic exposition of models which explain the composition, direction, and consequences of international trade, and the determinants and effects of trade policy. It then builds on the models of open economy macroeconomics focusing on national policies as well as international monetary systems. It concludes with an analytical account of the causes and consequences of the rapid expansion of international financial flows in recent years.

ECONOMICS OF AGRICULTURE AND COOPERATION: PAPER XV

The paper is designed to provide various aspects related to the principles of cooperation and cooperative organizations in the globalized economy. The essentials of cooperative finance are dealt in with reference to the latest trends.

RESEARCH METHODOLOGY: PAPER XVI

This paper is designed with a goal to strengthen the critical thinking and listening skills in conducting economic research and to device research outcomes in an impeccable way. The entire course is based on the broad social sciences spectrum

DEVELOPMENT THEORY AND EXPERIENCE: PAPER XVII

The course begins with demographic concepts and their evolution during the process of development. Then it focuses on the theory migration and discusses the link between migration and development. The structure of markets and contracts is linked to the particular problems of enforcement experienced in poor countries. The course ends with the issues related to environment and development.

INTERNATIONAL TRADE, POLICY AND PRACTICE: PAPER- XVIII

This course is designed for addressing changing phase of International Trade Policy and Practice. The main purpose of this course is to expose students to current trends in International developments.

M.A. ECONOMICS
Course Outcomes

M.A. Part – II SEMESTER III
(As Per Choice Based Credit System (CBCS)
With Effect from the Academic Year 2017-18 )
Electives Paper

Paper – I International Trade: Theory and Policy

This elective course, to be offered in the third semester, requires a good understanding of Microeconomics. The course aims at providing a theoretical exposition of bases, effects and the restrictions on free flow of international trade with the empirical evidence.

Paper – II Economics of Agricultural Production and Rural Markets

This course would helpful to understand the various types of relationships in agriculture: factors and products, problems of instability in production, the functioning of and imperfections in credit markets, labour markets, and land markets.

Paper – III Economics of Labour Markets

Labour market issues are important for students of Micro, Macro, and Industrial Economics. The course sheds light on a range of new developments and a host of issues studied by generations of labour market experts. It captures the interplay of various factors in the labour market by describing demand/supply aspects, wages, employment, and unemployment, the cost of labour, workers’ participation and impact of new labour policies in the labour market. The course will be offered in the third semester.

Paper - IV Agricultural Development and Policy

This course aims to enhance the students’ understanding of agricultural development. Starting from basic questions like what factors lead to agricultural development or why does the share of agriculture in GDP go down once economies start developing, the course tries to enhance the students’ awareness on contemporary debates in the literature, and leads them to analysis of current governmental policies and strategies for surviving in the globalizing world. Questions to be asked for the post 1980 period.

Paper – V Environmental Economics

This course is designed to introduce students to key contemporary issues in environmental economics and equip them with the tools and methodologies that are in general applied to analyze environmental problems and policies. An attempt will be made to discuss the currently debated environmental problems and policies in India and other countries.

M.A. Part – II SEMESTER IV

Paper – I Economics of Human Development
(Interdisciplinary/Cross Studies)

This course on the Economics of Human Development focuses on the widely- accepted global perspective of viewing development as the expansion of people’s capabilities, capacities and choices. This people-centric analytical framework for designing and assessing public policy interventions has several implications at macro and micro levels both nationally as well as internationally. This elective has a relatively strong applied component specifically in relation to India that is in-built into each module.

Paper –II Demography: Theory and Basic Analysis
(Ability Enhancement Skills)

The course is designed to provide an understanding of demographic processes including an in-depth knowledge of linkages between population and economic development. It introduces major developments in demographic concepts by highlighting the sources of demographic data, fertility, mortality, and migration and population projection.