Part A :
Statistics for Economics
Unit 1: Introduction
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What is Economics?
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Meaning, scope and importance of statistics in
Economics
Unit 2: Collection, Organisation and Presentation of data
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Collection of data - sources of data - primary
and secondary; how basic data is collected; Methods of collecting data; Some
important sources of secondary data: Census of India and National Sample Survey
organisation.
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Organisation of Data: Meaning and types of
variables; Frequency Distribution.
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Presentation of Data: Tabular Presentation and
Diagrammatic Presentation of Data: (i) Geometric forms (bar diagrams and pie
diagrams), (ii) Frequency diagrams (histogram, polygon and ogive) and (iii) Arithmetic
line graphs (time series graph)
Unit 3: Statistical Tools and Interpretation
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Measures of Central Tendency- mean (simple and
weighted), median and mode
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Measures of Dispersion - absolute dispersion;
relative dispersion; Lorenz Curve: Meaning and its application.
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Correlation - meaning, scatter diagram;
Measures of correlation - Karl Pearson’s method, Spearman’s rank correlation.
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Introduction to Index Numbers - meaning, types
- wholesale price index, consumer price index and index of industrial
production, uses of index numbers; Inflation and index numbers.
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Some Mathemetical tools used in Economics :
Equation of a line, stope of a line, stope of a curve.
Unit 4: Developing Projects in Economics
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The students may be encouraged to develop
projects, which have primary data, secondary data or both.
Part B:
Indian Economic Development
Unit 5: Development
Policies and Experience:
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A brief introduction of the state of Indian
economy on the eve of independence.
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Common goals of Five Year Plans.
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Main features, problems and policies of
agriculture (institutional aspects and new agricultural
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strategy, etc.), industry (industrial
licensing, etc,) and foreign trade.
Unit 6: Economic Reforms since 1991:
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Need and main features - liberalisation,
globalisation and privatisation;
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An appraisal of LPG policies
Unit 7: Current challenges facing Indian Economy:
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Poverty- absolute and relative; Main
programmes for poverty alleviation: A critical assessment;
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Rural development: Key issues - credit and
marketing - role of cooperatives; agricultural diversification; alternative
farming - organic farming Human Capital Formation: How people become resource;
Role of human capital in economic development; Growth of Education Sector in
India, Employment: Formal and informal, growth and other issues: Problems and
policies.
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Inflation : Problems and Policies
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Infrastructure: Meaning-and Types: Case
Studies: Energy and Health: Problems and Policies- A critical assessment;
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Sustainable Economic Development: Meaning,
Effects of Economic Development on Resources and Environment, including global
warming.
Unit 8: Development Experience of India:
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A comparison with neighbours: India and
Pakistan, India and China
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Issues: growth, population, sectoral
development and other developmental indicators.