INDIAN ECONOMY

Paper Code: 
DFSG 503 A
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course outcome (COs):

Learning outcome

 (at course level)

Learning and teaching strategies

Assessment Strategies

On completion of this course, the students will be able to:

 

CO111: Examine the features of the Indian economy and explore its position in the world economy.

CO112: Critically evaluate the challenges and constraints in the economic development of the country

CO113: Explore the significance of economic planning needed for various economic reforms in the development of the economy.

CO114: Examine the role of different public sector undertakings and interpret the structural adjustments required for economic development.

CO115: Critically evaluate the present foreign trade policy adopted by the Indian government with reference to the composition and direction of India’s Foreign trade.

Approach in teaching: Interactive Lectures, Discussion, Tutorials, Practical cases Demonstration, Power point presentation.    

Learning activities for the students:                              Self learning assignments, Effective questions, Seminar presentation, Live practical problems analysis

Class tests, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

 

12.00
Unit I: 
Issues and Features of the Indian Economy

• Concept and measures of development and underdevelopment,
• Basic Features of the Indian Economy,
• Causes of underdevelopment of the Indian Economy,
• India as a Mixed Economy,
• Various Economic indicators and India’s Position in World Economy.

12.00
Unit II: 
Issues of the Indian Economy

• Unemployment: Meaning, Types, Causes, and Remedies to remove unemployment: E-NAM, Make in India.
• Population: Main Features of the latest census, Demographic profile, and Health Policy. Population Growth as a retarding factor to Economic Development, Present National Population Policy
• Demographic constraints in economic development: interaction between population change and economic development

12.00
Unit III: 
Economic Planning and Policy Regimes

• Economic Policies- Meaning, Objectives, Components of Economic policies. with their implications on the economy
• Economic reforms since 1991, Privatization, Liberalization and Globalization
• Economic Planning in India: features, objectives, broad achievements and failures;
• NITI Aayog

12.00
Unit IV: 
Industry

• Industrial growth during the planning period ;
• Present industrial policy (1991); features and current reforms.
• Importance, growth and problems of Micro,Small and Medium Enterprises;
• Role and problems of Public sector in India.
Financial Sector:
• Structure, Performance and Reforms
• Role of Financial sector in Economic Development

12.00
Unit V: 
External Sector

• Trends in exports and imports;
• Composition and Direction of India’s foreign trade;
• Recent trends in Export-Import Policy,
• Balance of Payments; Features and components., India’s Balance of Payment.

Essential Readings: 

• Swami & Gupta ,“Economic Environment in India” ,RBD,Jaipur
• Sundaram&Dutt, “Indian Economy” ,S Chand & Sons, New Delhi
• N.D Mathur: Economic Environment in INDIA, Shivam book house(P)ltd , Jaipur
• A N Agarwal , “Indian Economy”, New India International Ltd, Chennai

References: 

• Mathur, Mishra, Vyas – “Economic Environment in India”, RBSA Publication, Jaipur
• A N Agarwal , “Indian Economy”, New India International Ltd, Chennai
• Mishra Puri , Indian economy ,Himalaya publishing house
• PratiyogitaDarpan : General Studies (Indian Economy)

Academic Year: 
2023-2024
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