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    First Semester: Hidayatullah National Law University, Raipur

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    Anonymous Yy8etqY8p
    The document provides an overview of the curriculum for the first semester B.A.LL.B (Honors) course in Economics at Hidayatullah National Law University, Raipur. The course covers 10 modules on key principles of economics including definitions, theories of demand and supply, production, costs and revenues, price determination, distribution of factors of production, national income accounting, macroeconomic theories, public finance, development and environment, and international economics. Reference books on microeconomics, macroeconomics, and monetary economics are also listed.

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    First Semester: Hidayatullah National Law University, Raipur

    Uploaded by

    Anonymous Yy8etqY8p
    45 views2 pages
    The document provides an overview of the curriculum for the first semester B.A.LL.B (Honors) course in Economics at Hidayatullah National Law University, Raipur. The course covers 10 modules on key principles of economics including definitions, theories of demand and supply, production, costs and revenues, price determination, distribution of factors of production, national income accounting, macroeconomic theories, public finance, development and environment, and international economics. Reference books on microeconomics, macroeconomics, and monetary economics are also listed.

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    economics syllabus

    Original Title

    Economics Syllabus

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    The document provides an overview of the curriculum for the first semester B.A.LL.B (Honors) course in Economics at Hidayatullah National Law University, Raipur. The course covers 10 modules on key principles of economics including definitions, theories of demand and supply, production, costs and revenues, price determination, distribution of factors of production, national income accounting, macroeconomic theories, public finance, development and environment, and international economics. Reference books on microeconomics, macroeconomics, and monetary economics are also listed.

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    © All Rights Reserved
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    45 views2 pages

    First Semester: Hidayatullah National Law University, Raipur

    Uploaded by

    Anonymous Yy8etqY8p
    The document provides an overview of the curriculum for the first semester B.A.LL.B (Honors) course in Economics at Hidayatullah National Law University, Raipur. The course covers 10 modules on key principles of economics including definitions, theories of demand and supply, production, costs and revenues, price determination, distribution of factors of production, national income accounting, macroeconomic theories, public finance, development and environment, and international economics. Reference books on microeconomics, macroeconomics, and monetary economics are also listed.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 2

    Hidayatullah National Law University, Raipur

    B.A.LL.B (Honors) Curriculum

    Major: Economics

    FIRST SEMESTER
    Paper-1: Principles of Economics

    Total no. of lectures:60

    Part: 1Course outline


    Introduction of the course:
    The aim is to provide understanding of different types of economic systems, behavior of consumer
    and firms, determination of output and prices of product and factors in different market conditions,
    working of the economies, national income, economic growth, economic welfare, employment,
    monetary policies and monetary problems. The knowledge of principle of Economics helps in
    solving the problem of unemployment, inflation, economic instability and economic growth.
    INTRODUCTION TO ECONOMICS
    Module 1

    Definition of Economics

    Definition of Economics, Nature & Scope of Economics,


    Branches of Economics,
    Importance and uses of Economics in Law
    Module 2
    Theory of Demand & Supply
    Demand and Supply Theory, Law of Demand & Supply,
    Determinants of demand & supply
    Utility Analysis: Cardinal Utility (Marshall),
    Ordinal Utility Approach (Indifference Curve)
    Elasticity of Demand and Supply
    Module 3
    Theory of Production, Cost and Revenue
    Production Function, Factors of Production, total, average and
    Marginalproduct. Law of Variable Proportions and Returns to Scale
    Internal and External Diseconomies
    Concept of Costs, Short and Long run costs and its curves
    Concept of Reve nue: Total, average and marginalrevenue.
    Module 4
    Price determination in different markets
    Perfect Competition
    Monopoly
    Monopolistic Competition

    Module 5
    Theory of Distribution:Factor Pricing
    Labour and Wage
    Land and Rent
    Capital and Interest
    Module 6
    National Income Accounting
    NationalIncome Accounting
    Banks: Central Bank and CommercialBanks
    Credit Control
    Module 7
    Macro- Economic Theories
    Theory of Employment (Classical&Keynesian Theories)
    Quantity Theory of Money
    Inflation
    Module 8
    Public Finance
    Meaning & Scope of Public Finance
    Public Reve nue, Public Expenditure
    Public Debt, Deficit Financing
    Module 9
    Development & Environment
    Economics of Development: An Introduction
    Environmental Economics: An Introduction
    Module 10
    International Economics
    International Economics: An Introduction
    Meaning & Importance of International Trade
    Theory of Absolute & Comparative Cost Advantage
    Reference Books:
    1.
    2.
    3.
    4.
    5.
    6.
    7.
    8.
    9.
    10.
    11.
    12.
    13.
    14.

    Dwivedi D.N. :Microeconomic Theory,Vikas Publishing House, Delhi


    Jhingan M.L. :Microeconomics Theory, Vrinda Publications, Delhi
    Ray N.C. : An Introduction to Microeconomics, Macmillan, Delhi
    Samuelson P.A and W.D Nordhaus:Economics,Tata MC Grow Hill, New Delhi
    StonierA.W. and D.C.Hague
    A textbook of Economic Theory
    Satya, R.Chakraborty: Microeconomics, Allied Publishers,NewDelhi
    Ackley G:Macroeconomic Theory
    Branson W.H.: Macroeconomic Theory and Policy
    Brooman: Macroeconomic Analysis
    Hanson,A.H:Aguide to Keynes .McGrawHill, New York
    Heijdra, B.J.and F.V.Ploeg: Foundation of Modern Macroeconomics. Oxford University Press
    Jhingan M.L.: Macroeconomic Theory, Vrinda Publications ,Delhi
    Lewis M.K. and P.D.Mizan: Monetary Economics, Oxford University Press
    Sharpio Edward :,MacroEconomic Analysis

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