University of madras [Established under the Act of Incorporation XXVII of 1857 – Madras University Act 1923]



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UNIT - I

Concept of Economic growth and economic development – Factors determining economic development – Economic and non-economic factors impeding g economic development – Features of Indian economy.


UNIT - II






Capital formation – Savings and investment pattern – Indian national income - Sectoral contributions since independence – Trends in per capita income.


UNIT - III






Concept of human resources – Role of human capital – Population policy


UNIT – IV






Agriculture – its contribution to economic development – Land reforms – Food problem – methods of solving it – Agricultural inputs and agricultural credit


UNIT - V






Role technology – Green revolution – agricultural productivity – measures to increase agricultural productivity – Agricultural policy since 1991.


Core Paper 2 : STATISTICAL METHODS – I


UNIT - I






Nature, significance and limitations of statistics – Collection, Classification and Tabulation of data.


UNIT - II






Diagrammati9c and graphic representation – Bar diagrams – Pie diagrams – Histograms – Pictograms – Cartograms – Frequency distribution – Frequency graphs – Ogives – Lorenz Curve.


UNIT - III






Measures of central tendency – Arithmetic Mean, Median and Mode.


UNIT – IV






Measures of Dispersion – Absolute and relative dispersion – Range – Quartile deviation – Mean deviation – Standard deviation – Co-efficient of variation – Percentiles and Deciles.


UNIT - V






Skewness and Kurtosis – Pearsonian measure of skewness – Bowley’s measure of skewness – Kurtosis



Core Paper : 3 INDIAN ECONOMIC DEVELOPMENT – II



UNIT – I






Role of industries in economic development – Concept of cottage, small scale and large scale industries – Problems of Cotton, Iron and Steel, Sugar and Tea industries – Industrial policy – 1948, 1956 and 1991 – Privatization – Industrial finance – Development banking – IDBI, IFC, SFC and SIDBI


UNIT - II






Characteristics of agricultural and industrial labour – Industrial relations – Trade unions and labour unrest – Social security schemes – Unemployment and employment policy – Rural unemployment – Poverty and poverty eradication programme


UNIT - III






Transport – Role of transport in economic development – Roadways, railways, shipping and airways – Transport co-ordination


UNIT - IV






Planning in India – A brief resume of India’s Five Year Plans – Growth rate targets – Financing of Five Year plans – role of foreign aid in India’s economic development – Problems of foreign aid – XI Five Year Plan – Concept of inclusive growth.


UNIT - V






India’s foreign trade and balance of payments - 12th Finance Commission report – WTO and India


STUDY MATERIAL






1. Dhingara, I.C. - Indian economy

2. Dutt and Sundaram - Indian economy

3. Jhingan, M.L. - Economics of Development and Planning

4. Sankaran, S. - Indian Economy

5. Kaliyamoorthy, V. - Indian Economy

6. Five Year Plan Report - Government of India publications

7. Economic Survey - Government of India




Core Paper : 4 STATISTICAL METHODS - II


UNIT - I






Sampling – population and sample - Types of sampling - Simple, random and stratified random sampling – Sampling errors – Sampling design – Design of questionnaire.


UNIT - II






Correlation – Limits of co-efficient of correlation – Calculation of co-efficient of correlation – Rank correlation co-efficient.


UNIT - III






Regression – Two variable linear regression – Meaning – Regression lines and regression co-efficients.


UNIT - IV






Index numbers – Simple and weighted index numbers – Laspeyer’s and Paache’s index numbers – Fisher’s Ideal index number – Marshall – Edgeworth’s index numbers – Construction – Tests to be satisfied by an ideal index number – Uses of index number – Wholesale price index and consumer price index – Index of Industrial production


UNIT - V






Analysis of time series – Four components of time series – Measurement of secular Trend – Moving average method and Method of least squares – Uses of Time series analysis.



STUDY MATERIAL






1. D. H. ELHANCE - Fundamentals of Statistics

2. S.P. Gupta - Statistical Methods

3. R.S.N. Pillai and

V. Bhagavati - Statistics

4. R.G.D. Allen - Statistics for Economists – Macmillan India

5. Crompton, F.B., &

Coden, D.J. - Applied General Statistics

6. Hooda, R.P. - Introduction to Statistics

7. Hooda, R.P. - Statistics for Business and Economics –

Macmillan India

ALLIED SUBJECT

[Any One subjects to be offered in each semester]

Paper : 1 PRINCIPLES OF COMMERCE - I



UNIT - I






Economic basis of commerce – Types of business organizations – Sole trader concern – Features, merits and demerits – Partnership firm – Formation - Rights, duties, liabilities of partners and termination of partnership – Merits and demerits of partnership firms.


UNIT - II






Joint stock companies – Features – Formation – Memorandum of Association – Articles of Association – Prospectus – Share capital and its classification – Shares and debentures – Directors – Duties, rights and liabilities – Private Limited Companies.


UNIT - III






Means of payment – Special instruments of credit and their features and uses – Cheques, drafts, promissory notes, Bills of Exchange, Credit cards and Bill of lading.


UNIT - IV






Functions of banks – Commercial banks – Central bank – Development financial institutions – Non-banking financial institutions - Financial requirements of large and small scale industrial units – Long term capital – Working capital – Sources of finance


UNIT - V






Office organization and methods – Office equipment – Filing and indexing – Computerization.





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