Part I.

Economics
1.National Income: Concept and Measurement: Concepts of National
Income-lnter-relationships among different Concepts-Methods of Measuring
National Income-National Income as a Measure of Economic Welfare-National
Income Accounting-Social Accounting-input-output Accounting Flow of Funds
Accounts.
2.Economic planning: Types of Planning-Economic Planning in IndiaObjectives
Achievements and Failures of Planning in India- 12th Five Year PlanMobilisation of Resources for Indian Plans-The strategy of Indian PlanningPlan Models in the Indian Five Year Plans Poverty and UnemploymentEconomic
Inequalities
in
India-Measures
for
Reducing
Poverty,
Unemployment and Income Inequalities.
3. Financial Economics: Financial System- Meaning - Financial
Intermediation-Non
Banking Financial Intermediaries(NBFI) - Financial Markets- Indian Financial
systemConstitutional changes since 1991 -Financial Sector Reforms in India- Reserve
Bank
of
India- Promotional Role of RBI -Monetary Policy-Instruments of Credit Control
Monetary and Credit Policy of the Reserve Bank of India.
4. Fiscal Federalism: Concept of Federal Finance-Principles of Federal
Finance-Fiscal
Imbalance- Vertical and Horizontal Imbalance-Methods of Inter-governmental
Resource
Transfer-Fiscal Federalism in India-Centre-state Financial Relations in IndiaFinance
Commission in India-Recommendations of the 13 th Finance Commission .
5. Budget and Budgetary Control: Budget-Meaning and definition- Types
or
Classification of Budget-Zero Based Budgeting-Modern Classification of
BudgetPerformance Budgeting in India Planning, Programming and Budgeting
System (PPBS )-The Budgetary Process in India-Execution of the BudgetBudgetary
deficits
Budgetary Control- Meaning and definition & objectives and Methods-Steps
in
Budget
Control-Budgeting and Budgetary Control as a tool of Management.

6. Public Administration: Basic concepts and principles of Public

Administration Evolution of the concept and its present status New Public
Administration Public Choice Approach Challenges of Liberalisation,
Privatisation and Globalisation Good Governance Concept and Application
_ New Public Management The concepts of Accountability and control
Legislative, Executive and Judicial Control Citizen and Administration Role
of Civil Society, Peoples Participation and Right to Information.

Subject : Economics
Paper-III (Optional)
Section-"A"
Theory and process of Economic Growth.

Meaning and measurement of economic growth GNP vs. welfare

controversy.

Growth classical model Sumpiter Rewtowin Stages of economic growth.

Model of Hirsmchman, Leibenstein, Rodan Gunnar Myrdal, and Harrod

& Domar.

Mahalnobis Model, Wage goods models, neoclassical- Mrs. Joan

Robinson, Meads and Kaldor models.

Principles of Planning : Determination of targets resource allocation

and investment criteria, the concept of shadow pricing, Regional
planning physical balancing and consistency in planning.

Regional Economics :

Definition and scope of regional economics.

The concept and types of regions.

Theories of regional growth sector, theory Gunnar Myrdals cumulative

causation/theory export
divergence.

base

and

regional

multiplier

convergence

vs.

Location theory- Von thuenen webber, Central place theory of Lesch and
Christillar. Agglomeration economics, types and measurement concentration
vs. dispersal. Regional income, regional accounting.
Economics of Public Sector Undertakings.
The concept of public sector, its place capitalist and socialist system role of
public enterprise in economic development.
Types of public enterprise and pattern of development the joint sector, the
national sector. Organisational pattern of public enterprises, statutory
corporations, joint stock companies, joint ventures single. Unit and multi unit
companies, holding company.
Financing of public enterprise Internal and external resources, debt equity
ratio capital formation, inventory build up price policy.
Industrial relation in public sector trade unions single and multi unit
companies,

problem of

recognition,

collective

bargaining

productivity

Incentives in public sector enterprise, wage and salary structure and fringe
benefit, non monetary benefits.
I Public sector enterprise in India, growth of public sector in India the
industrial policy resolution of 1948 and 1956 mixed economy and public
sector enterprises objectives of public sector.
Industrial Policy of 1991-Globalisation, Privatisation, Liberalization.
Theory and Practice of Statistics
Scope and utility of statistics enumeration, compilation and tabulation of
data.
Averages,

dispersion,

Graphics

co-efficient

of

Variation,

Regression

correlation.
Analysis of time series forecasting of fluctuation of phenomena. Methods of
measuring and forecasting of population growth theory of sampling and
Elementary principle of probability,
Importance of Statistics in India.
CSO data of the population, National Income NSSO.
Part - B
Economic Problems of India

Structure of India Economy as revealed by National statistics saving and

investment behavior in India economy.
Agricultural developments in India, Growth rates Modern technology and its
impact

on Income,

employment

and

regional

growth

Land

reforms,

Agricultural price policy Agricultural surplus and its mobilization procurement

and

public

distribution

of

food

grains, Strategy

for

Integrated

rural

development.
Industrial development in India, Growth rates, Industrial structural, industrial
policy and its Instruments, Industrial finance, industrial sickness capacity
utilization, performance of public sector undertakings, Rural industrialization.
Poverty and unemployment in India, Evaluation of Policy measures, Recent
trends in monetary and banking policy in India.
I fiscal policy in India Central/State financial relations.
Population Studies
Scope and discipline of demography trends in world population, population
and food supply, problem of world population and economic development.
A study of population theory and analysis of contemporary demographic
situations including in demographic problem of under developed countries.
A study of demographic features in India and its impact economic
development, population policy of India, Indian fertility, age of marriage
infant mortality in India legislation regarding family planning in India.
Population in India Population of M.P. Population census of India, 2001,
National Population Policy for India.
Different demographic measurements Birth rate gross reproduction rate, net
reproduction rate, child women ratio, life table A study of methods for
population projection.
Co-operation and Community Development
Cooperation-meaning and philosophy A Comparison of cooperation with
capitalism and socialism principles of cooperation.
Indian cooperative movement : Evolution of cooperative Movement in India,
Present position of the movement in relation to credit, marketing production
and distribution housing and other fields. Regional pattern of cooperative
development in India.

Land development Cooperative banking refinance performance of different

agencies in the field of agricultural credit.
An evaluation of cooperative movement in India cooperation in five year
plans.
1. Integrated rural Development spatial and functional Integration.
2. Growth Centers Rural urban interaction.
3. Role of Village Panchayats in decentralized planning and community
development.
Economics of Agriculture
Organisation of agriculture, Input combinations scale of farming cropping
pattern factors
Determining cropping intensity, Farm Size and Productivity conditions of
increasing and productivity conditions of increasing and decreasing costs.
Management production functions, Modern and traditional inputs Choice of
techniques in agriculture.
Agricultural Prices agriculture price policy in a developing economy,
minimum support price procurement price and market price stabilization
parity prices terms of trade of agricultural Sector Public distribution system
of food grains and procurement in India.
Marketing of agricultural products marketed surplus and marketable surplus.
Modernisation and diversification of agriculture, Green Revolution and its
impact on income employment and regional growth.
Agrarian structure land, Reforms in India progress made problems of
Landless laborers Small and marginal farmers.
Rural Unemployment evolution of policy measure.
Agricultural credit Role of commercial banks, cooperative banks rural
regional banks land development banks, Reserve Bank of India and National
Agricultural Bank for Rural Development.
Agriculture in Five year plans