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Economics -

1 Economic Growth and Development


-> Indian Economy : Economic Growth and Development
-> Characteristics of underdeveloped countries
-> Role of the State in Economic Development
-> Rostow’s Stages of Economic Growth

2 Population


-> Population and Factors determining population growth
-> Causes of Population Explosion
-> Population Explosion as an obstacle to Economic Development
-> Steps to check rapid growth of population
-> Theories of Population : Malthusian, Demographic Transition
-> Census and The Use of Population Census
-> Population growth in India and National Population Policy 2000 - Measures, Action Plans

3 Poverty and Unemployment


-> Definitions of Poverty
-> Types of poverty
-> Poverty Line and Characteristics of Poor Households
-> Causes of Poverty in India
-> Land Reforms in India
-> Unemployment
-> Measures to Solve Unemployment Problem in India

4 National Income


-> Definitions of National Income
-> Basic Concepts of National Income - GNP, GDP, GNI, NNP, NNI, PCI
-> Circular Flow of Income and Need for the Study of National Income
-> Methods of Calculating National Income
-> Problems in calculating National Income
-> National Income Series in India

5 Economic Planning


-> Meaning and Need for Economic Planning and Laissez faire
-> Characteristics of Economic Planning
-> Types of Planning
-> Evolution and Objectives of Planning in India
-> National Income - Hindu rate of growth
-> Ninth(9th) Five Year Plan (1997 – 2002) - India
-> Tenth(10th) Five Year Plan (2002 – 2007) - India

6 Agriculture


-> Role of Agriculture in Economic Development
-> Relationship between Agricultural and non-agricultural sector
-> Components of Agricultural Growth
-> Agricul.tural Crops and Cropping Pattern
-> Importance of agricultural marketing
-> Nature and Causes of food problem in India
-> Food policy of Government of India
-> Public Distribution System (PDS)
-> Agricultural Price Policies of the Government - India
-> Trends of Agricultural Productivity in India

7 Industrial Sector


-> Need for Industrialisation
-> Patterns of Industrial Development
-> Significance of Public Sector
-> Pattern of Indian Industrial Growth - Textiles, Cement, Sugar, Steel Industry
-> Indian Industrial Policies
-> New Industrial Policy 1991 - India
-> Liberalization and Privatization
-> Environmental Hazards
-> Role of Small Scale Industries in Economic Development

8 Banking


-> Indian Economy :History of Banking
-> Definition of Banking
-> Role of Banks in economic development
-> Commercial Banks and Functions of Commercial Banks
-> central bank - Definition, Functions
-> Methods of credit control employed by the central bank
-> Nationalisation of Banks

9 Foreign Trade


-> Foreign Trade : Globalization, Liberalization
-> Foreign Investment
-> Evolution of Trade from barter system to money economy
-> Need for International Trade
-> Contribution of foreign trade to economic development
-> International Monetary Fund (IMF)
-> Trends in Foreign Trade
-> Volume of India’s foreign trade
-> Composition and Direction of Trade - Export, Imports of India
-> Balance of Trade and Balance of Payment
-> The Role of the General Agreement on Tariffs and Trade (GATT)
-> World Trade Organization (WTO) and Major Functions
-> International Bank for Reconstruction and Development (IBRD)
-> Special Action Programme (SAP) and Structural Adjustment Facility (SAF)
-> IFC, IDA, MIGA

10 Human Resource Development


-> Human Resource Development
-> HRD and Economic Development
-> Educational Development in India since 1951
-> Educational progress in Tamil Nadu
-> Non - Formal Education (NFE) and Adult Literacy
-> Early childhood care and education programme in India

11 Statistical Analysis and Measures of Central Tendency


-> Statistical Analysis and Measures of Central Tendency
-> Statistical Analysis : Classification of Data
-> Difference between classification and Tabulation
-> Types of Diagrams : 1.Bar chart 2.Pie chart 3.Pictograms or cartograms

1 Nature and Scope of Economics


-> Nature and Scope of Economics
-> Definitions of Economics
-> Adam Smith’s Definition (Wealth Definition)
-> Alfred Marshall’s Definition (Welfare Definition)
-> Lionel Robbins’ definition (Scarcity Definition)
-> Samuelson’s Definition (Modern Definition of Economics)

2 Basic Economic Problems


-> Main Divisions of Economics
-> Economics : positive or normative science ?
-> Economics in relation to other social sciences
-> Economics and Politics , Economics and History
-> Economics and Ethics , Economics and psychology
-> Economics, mathematics and statistics
-> Economics as a science
-> Methods of Economic Analysis
-> Economic Laws and Importance of Economic Laws
-> Characteristics and Classification of Wealth
-> Goods
-> Income and Types of Income
-> Economics : Value and Price
-> Markets and Classification of Markets
-> Importance of Economics
-> Basic Economic Problems and Economic Systems
-> Capitalist Economy : salient features, Merits and Disadvantages
-> Socialist Economy : salient features, Merits and Disadvantages
-> Mixed Economy : salient features, Merits and Demerits
-> Production Possibility Curve

3 Theory of Consumer Behaviour


-> Theory of Consumer Behaviour
-> Economics - Consumer Behaviour - Characteristics of wants
-> Economics - Consumer Behavior - Classification of Wants
-> Concept of Utility - Total, Marginal Utility
-> Law of Diminishing Marginal Utility(DMU) - Definition, Explanation, Importance, Criticism
-> Law Of Equi-Marginal Utility - Definition, Explanation, Importance, Criticism
-> Limitations of the Equi-Marginal Utility Law
-> Importance of Equi-Marginal Utility Law
-> Consumer’s surplus - Definition, Explanation, Importance, Criticism
-> Indifference Curve Approach - Definition, Schedule, curve, map

4 Demand and Supply


-> Law of Demand with Schedule and curve
-> Exceptions to the Law of Demand
-> Factors determining demand
-> Elasticity of Demand and Types of Elasticity of Demand
-> Importance of Elasticity of demand
-> Factors determining supply
-> Elasticity of supply : concept, Types, Factors determining

5 Equilibrium Price


-> Equilibrium Price
-> Shift in Demand and Supply
-> Economics : Time Periods and Price Fixation

6 Production


-> Production
-> Factors of production : Land, Labour, Capital and Organisation
-> Forms of Capital and Characteristics of capital
-> Labour : Characteristics and Division of Labour
-> Identifying the optimum combination of factors of production
-> Short-run and Long-run production function
-> Short-run production function - The law of variable proportions
-> Long-run production function - Increasing, Constant, Decreasing Returns to Scale
-> Characteristics of an isoquant
-> Producer’s Equilibrium and The Cobb Douglas Production Function
-> Economies of Scale - Internal - Internal, External economies

7 Cost and Revenue


-> Cost function, concepts and classifications
-> Short run average cost curves - Average Fixed, Average variable and Average Total Cost
-> Marginal Cost
-> Long run Average Cost Curve (LAC)
-> Accounting Cost and Economic cost
-> Concepts Of Revenue - Average, Marginal Revenue(AR,MR)
-> Measurement of Profit

8 Market Structure and Pricing


-> Meaning, Definition and Characteristics of Market
-> Classification of Markets according to Area, time, Competition
-> Features and Conditions of perfect competition
-> Nature of Revenue curves
-> Monopoly : Characteristics and Causes
-> Monopoly : Price and Output Determination - Advantages, Disadvantages
-> Methods of Controlling Monopoly
-> Definition and Conditions of Price Discrimination
-> Characteristics of Monopolistic Competition
-> Determination of Equilibrium price and output under monopolistic competition
-> Wastages of Monopolistic competition
-> Characteristics of Oligopoly

9 Marginal Productivity Theory of Distribution


-> Marginal Productivity Theory of Distribution
-> The Ricardian theory of Rent
-> Modern Theory of Rent and Quasi-Rent
-> Theories of wages
-> Early theories of wages
-> Recent Theories of wages
-> Theories of Interest
-> Loanable funds theory (Neo – classical theory) of Interest
-> Liquidity preference theory (Keynesian theory) of interest
-> Rent theory of profits

10 Simple Theory of Income Determination


-> Simple Theory of Income Determination
-> Say’s Law of Market
-> Keynesian Theory of Income Determination
-> Keynesian Theory Aggregate Demand : Consumption Function
-> Keynesian Theory Aggregate Demand : Inducement to invest (Investment function)
-> Rate of interest: Liquidity Preference Theory
-> Functions of Money
-> Economics : Importance of Money
-> Money supply and Reserve Money of India

11 Monetary Policy


-> Monetary Policy of India
-> Monetary Transmission
-> Economics : Inflation and Deflation, Types of Inflation
-> Effects of changes in prices
-> Definition of Fiscal Policy or public finance
-> Subject matter of public finance(Fiscal Policy)
-> Meaning and definition of a tax
-> Canons of Taxation
-> Kinds or Types of tax
-> Meaning, Definition and Kinds(Types) of Budget

12 Fiscal Policy


-> Fiscal policy - Meaning, Objectives, Limitations of Fiscal policy

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