4EC10-HUMANITIES |
Units: I-INDIA |
Brief History of Indian Constitution- framing, features, fundamental rights, duties,
directive principles of state. History of Indian national movement, Socio economic growth after
independence.
|
Units: II-SOCIETY |
Social Groups- Concepts and types, socialization- concept and theory, social
control; concept, social problem in contemporary India, status and role. |
Units: III-THE FUNDAMENTALS OF ECONOMICS |
Meaning, definition and importance of economics,
Logic of choice, Central Economic Problems, Positive and Normative approaches, economic systemssocialism
and capitalism.
|
Units: IV-MICROECONOMICS |
Law of demand and supply, Utility approach, Indifference curves,
Elasticity of demand & supply and applications, Consumer surplus, Law of returns to factors and returns
to scale.
|
Units: V-MACRO ECONOMICS |
Concept relating to national product-National income and its
measurement, Simple Keynesian theory, Simple multiplier, Money and banking,- Meaning, Concept of
international trade, Determination of exchange rate, Balance of payments. Characteristics of Indian
Economy.
|
|