BANGLADESH UNIVERSITY OF PROFESSIONALS (BUP) SEMESTER OUTLINE PREFACE 1. General. This tentative Semester Outline is the overall pen picture of the academic curriculum blended with series of learning events from social activities and numerous enjoyable events for an effective learning to be fit in the competitive world. Its core theme is to provide a panoramic view of the course curriculum for the initial mental set up of the students and to give guidelines for teachers for innovative and research oriented learning. This comprehensive Semester Outline includes a column each for the Day/Date, Class Timing, Name of the Section Location (Classroom Number), Course Code, Topic/Event, Teacher/Faculty Member and Remarks/Discussion Points. The Semester Outline is also a basic guideline indicating the modes of conduct of the course curriculum. It accommodates all relevant information required for the whole semester including all central events (e.g. sports, games or cultural competitions, National Day(s) celebrations, seminars, cultural programs, etc.). In a nutshell, this Semester Outline is the ready reckoner to all your questions regarding the program. 2. Semester Starting and Finishing Dates. The semester starts on 03 January 2016 and finishes on 13 June 2016. 3. Timing and Conduct of Classes. The academic week starts on Sunday and finishes on Thursday, making it a five-day working week. Each Section shall have about two classes per day. So, there will be total ten classes per week for each Section. Each class shall be of 90 minutes duration, of which 60 minutes shall be dedicated for lecture, and the rest 30 minutes shall be spent for discussions by the students. The mode and conduct of discussions shall be designed by the class-teacher as per the ‘Remarks/Discussion’ column given in the following pages. Apart from the planned classes, makeup classes and industrial visits will be conducted on Saturdays as per plan of the Department. 4. Names of Courses with Codes. The names of courses with course code have been stated below: Serial 1. 2. 3. 4. 5. Name of Course Intermediate Microeconomics-I Intermediate Macroeconomics-I Development Economics-I Business and Finance Presentation Skill Development 1 Code ECO-2301 ECO-2302 ECO-2303 ECO-2304 ECO-2305 5. Assessment System. The assessment system is as under: Events Weightage Semester Final Exam 35% Midterm Exam 15% Class Tests (Total Six) 12% Term Paper (Individual) Including Presentation 10% Assignments and Case Studies (Individual/Group) Including Presentation 10% Regular Class Participation and Presentation 05% Class Attendance 10% Attitude/Conduct/Manners 03% Total 100% 6. Conclusion. This Semester Outline, with its all information and instructions, welcomes the students to be a proud member of BUP. It sets the tone and describes the general academic environment of the University for the 3rd Semester of the year 2016. In fact, it is a complete guideline for the students for the Semester, so that there is no room for any confusion on anyone’s part. It also gives a clear picture of what BUP wants to impart to the students as well as what is expected out of the students. Disciplinary aspects are also mentioned enabling the students to have a prior understanding of the culture and discipline of BUP. It is expected that students shall take all instructions and information by heart and follow the same with utmost sincerity. It is worth mentioning that curriculum of BUP is not only a bundle of strict routines and their observances, but also a place where students shall learn to be a good and knowledgeable citizen with excellent presentation skill. The Semester is full of fun and frolics apart from the pure academic curriculum, which the students shall come across as the Semester unfolds with passage of time. We hope, gradually, all students shall successfully complete the Semester with praiseworthy results. Welcome to BUP once again. 2 Week-1 Date Day Time Sun 03 Jan 10001100 11001200 12001230 12451315 13301400 08301000 Sec 12001330 13451515 15301700 Tue 05 Jan 10151145 Course Code Event/Topic Faculty Fresher’s Reception BUP Ground; (BUP Dress Code) Venue: BUP Ground (All Officers including Faculties Members, New Students with Parents. Tea Break 2B 2A Extension (South) Extension (South) South Porch ECO2303 ECO2302 ECO2303 2B Extension (South) ECO2304 2A Extension (South) ECO2304 2A 1345- 2B 1515 Extension (South) Extension (South) ECO2302 ECO2305 Remarks/Points of Discussion BUP Ground: Students Assemble at BUP Campus at 0845 hours (BUP Dress Code) Opening Convocation 10152B 1145 Mon 04 Jan Loc Speech by Faculty Dean (FASS) Bijoy Auditorium Speech by the Chairman of Department Bijoy Auditorium Orientation with Students; Importance of Studying Development Economics. Introducing Course outline and other aspects of the course Importance of studying Macroeconomics Anashua Ananga Sabrina Shareef Badhan 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. Getting to know the course better Plans for the semester Why study development Economics Outcomes from the course Overview of the course Importance of Studying Economics Course policy Assesment policy Getting to know the course better Plans for the semester Why study development Economics Outcomes from the course Overview of the course Importance of Studying Finance Course policy Assesment policy Orientation with Students; Importance of Studying Development Economics. Anashua Ananga Introducing; Course outline and other aspects of the course Dr. Mohammed Abu Misir Introducing; Course outline and other aspects of the course Dr. Mohammed Abu Misir 1. 2. 3. 4. Overview of the course Importance of Studying Finance Course policy Assesment policy Sabrina Shareef Badhan 1. 2. 3. 4. Overview of the course Importance of Studying Economics Course policy Assesment policy 1. 2. 3. 4. Student will introduce themselves How to start a presentation or speech Expectation from the course Importance of presentation skill Introducing Course outline and other aspects of the course Importance of studying Macroeconomics Introduction and Self-Assessment, briefing on course outline, reference books and materials. 3 Dr. Reazul Haque 15301700 2A Extension (South) ECO2305 13451515 2A Extension (South) ECO2304 South Porch Extension (South) 2B Wed 06 Jan 15301700 2B 2A Thu 07 Jan 08301000 2A 10151145 2B 12001330 Introduction and Self-Assessment, briefing on course outline, reference books and materials. 1. 2. 3. 4. Student will introduce themselves How to start a presentation or speech Expectation from the course Importance of presentation skill 1. 2. 3. 4. 1. 2. 3. 4. Corporate finance Balance sheet model of the firm Agency cost, Set-of-contracts perspectives, Discussing life in underdeveloped countries Difference with the developed nations Views of the poverty-stricken Relation between Economics and Development Studies 1. 2. 3. 4. 1. 2. 3. 4. Corporate finance Balance sheet model of the firm Agency cost, Set-of-contracts perspectives, Discussing life in underdeveloped countries Difference with the developed nations Views of the poverty-stricken Relation between Economics and Development Studies RubaiyatMahjabe en 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. What is Macroeconomics? Walras Law Circular Flow of Income and expenditure GDP, GNP, CPI, RDI History and background Why to study Intermediate Microeconomics Basic concepts of Microeconomics Difference between Microeconomics and Macroeconomics History and background Why to study Intermediate Microeconomics Basic concepts of Microeconomics Difference between Microeconomics and Macroeconomics What is Macroeconomics? Walras Law Circular Flow of Income and expenditure GDP, GNP, CPI, RDI Dr. Reazul Haque Introduction to Corporate Finance Dr. Mohammed Abu Misir ECO2303 Introducing Economic Development: A Global Perspective How the Other Half Live, Economics and Development Studies, Anashua Ananga ECO2304 Introduction to Corporate Finance South Porch Extension (South) ECO2303 ECO2302 Extension (South) ECO2301 Introducing Economic Development: A Global Perspective How the Other Half Live Economics and Development Studies, Macroeconomics: Concepts and Methods, Nature of Macroeconomic Analysis- Macro Foundation of Macroeconomics- Methods of Macroeconomics Orientation with Students; Importance of Studying Microeconomics Dr. Mohammed Abu Misir Anashua Ananga Sabrina Shareef Badhan 2A Extension (South) ECO2301 Orientation with Students; Importance of Studying Microeconomics Rubaiyat Mahjabeen 2B South Porch ECO2302 Macroeconomics: Concepts and Methods Nature of Macroeconomic Analysis- Macro Foundation of Macroeconomics Sabrina Shareef Badhan Week-2 4 1. 2. 3. 4. Date Day Time Mon 11 Jan Loc Course Code Topic Faculty Remarks/Points of Discussion 2B Extension (South) ECO2305 Importance of Effective Presentation Skill in Business and Life Dr. Reazul Haque 1. 2. 3. 4. Importance of Presentation in Corporate Life Importance of Presentation in Social Life Importance of Presentation in Personal Life Experience of first presentation 2A South Porch ECO2301 Rubaiyat Mahjabeen 1. 2. 3. 4. Concept of Budget Line The budget equation and its explanation Budget line measures the opportunity cost Effect of increasing income and effect of increasing price 2A Extension (South) ECO2305 Topics on Consumer and Producer Theory: Budget Constraint: Idea of budget constraint, Composite Goods, Properties of the budget set, Changes in the Budget Line Importance of Effective Presentation Skill in Business and Life Dr. Reazul Haque 1. 2. 3. 4. Importance of Presentation in Corporate Life Importance of Presentation in Social Life Importance of Presentation in Personal Life Experience of first presentation 2B South Porch ECO2301 Rubaiyat Mahjabeen 1. 2. 3. 4. Concept of Budget Line The budget equation and its explanation Budget line measures the opportunity cost Effect of increasing income and effect of increasing price 0830 1000 2B Extension (South) ECO2303 Topics on Consumer and Producer Theory: Budget Constraint: Idea of budget constraint, Composite Goods, Properties of the budget set, Changes in the Budget Line Introducing Economic Development: A Global Perspective Anashua Ananga 1. 2. 3. Reason of studying the topic Value and economics Meaning of development 1015 1145 2B Extension (South) ECO2302 Sabrina Shareef Badhan 4. 1. 2. 3. 4. Measuring development GDP deflator CPI and better indicators of economics welfare Nominal and real GDP Wrapping up first chapter 1200 1330 2A South Porch ECO2303 Macroeconomics: Concepts and Methods: some important concepts- Stock and Flow VariablesComparative Statics and Dynamics- Stationary, flow and moving equilibrium, Stability of equilibrium- Aggregation problem. Introducing Economic Development: A Global Perspective Anashua Ananga 1. 2. 3. 4. Reason of studying the topic Value and economics Meaning of development Measuring development 1345 1515 2B Extension (South) ECO2304 Introduction to Corporate Finance Dr. Mohammed Abu Misir 1. Capital structure corporate securities as contingent claims The corporate firm Agency cost Set-of-contracts perspectives 1345 1515 Sun 10 Jan Sec 1530 1700 5 2. 3. 4. Tue 12 Jan Wed 13 Jan 1. 2. 3. 4. Capital structure corporate securities as contingent claims The corporate firm Agency cost Set-of-contracts perspectives Macroeconomics: Concepts and Methods Sabrina Shareef Badhan ECO2305 Discussion/Video on Great Presenters/ Orators Dr. Reazul Haque 1. 2. 3. 4. 1. 2. 3. 4. GDP deflator CPI and better indicators of economics welfare Nominal and real GDP Wrapping up first chapter Finding out Strength Finding out Weakness Importance of Video in skill development Use of mentors Extension (South) ECO2305 Discussion/Video on Great Presenters/ Orators Dr. Reazul Haque 2A Extension (South) ECO2304 Introduction to Corporate Finance Dr. Mohammed Abu Misir 2B South Porch ECO2303 Introducing Economic Development: Three Core Values of Development Anashua Ananga ECO2304 Introduction to Corporate Finance Dr. Mohammed Abu Misir 2A Extension (South) ECO2304 Introduction to Corporate Finance 1015 1145 1345 1515 2A Extension (South) ECO2302 2B Extension (South) 1530 1700 2A 1345 1515 1530 1700 Thu 14 Jan Dr. Mohammed Abu Misir 1530 1700 2B Extension (South) 2A South Porch ECO2303 Introducing Economic Development: Three Core Values of Development Anashua Ananga 0830 1000 2A Extension (South) ECO2302 Basic Model of Income Determination CT 1 Sabrina Shareef Badhan 1015 1145 2B Extension (South) ECO2301 The Numeraire, Applications: taxes, Subsidies and Rationing CT 1 Rubaiyat Mahjabeen 6 1. Finding out Strength 2. Finding out Weakness 3. Importance of Video in skill development 4. Use of mentors 1. Managerial goals, 2. Separation of ownership and control 3. Financial markets 4. Q/A session 1. Understanding views of Sen 2. Sen’s definition of capacity 3. Fulfilling basic needs 4. Self-esteem: Being a person 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. Managerial goals, Separation of ownership and control Financial markets Q/A session Understanding views of Sen Sen’s definition of capacity Fulfilling basic needs Self-esteem: Being a person Demand and Supply curve under various regimes Inventory Investment Consumption function and savings function Marginal propensity to consume Numeraire price Value tax Quantity subsidy Budget set with rationing 1200 1330 Sat 16 Jan 2A Extension (South) ECO2301 2B South Porch ECO2302 0930 1530 The Numeraire, Applications: taxes, Subsidies and Rationing CT 1 Basic Model of Income Determination CT 1 Rubaiyat Mahjabeen Sabrina Shareef Badhan 1. 2. 3. 4. 1. 2. 3. 4. Numeraire price Value tax Quantity subsidy Budget set with rationing Demand and Supply curve under various regimes Inventory Investment Consumption function and savings function Marginal propensity to consume Students Assemble at BUP campus at 0915 hours (Male Students: Closed Collar; Female Students: Sharee) Students Career Fair Organized by BUP Alumni Association Week-3 Date Day Time Sec Loc 13451515 2B Extension (South) Course Code ECO-2305 2A South Porch ECO-2301 2A Extension (South) ECO-2305 Sun 17 Jan 15301700 2B South Porch ECO-2301 Topic Faculty Building essential vocabularies for effective written and oral presentation, Describing an event. Dr. Reazul Haque Preferences and Utility: Consumer Preferences, Assumptions about preferences, Indifference curves, Examples of preferences, Perfect substitutes, Perfect complements Building essential vocabularies for effective written and oral presentation, Describing an event. Rubaiyat Mahjabeen Preferences and Utility:Consumer Preferences, Assumptions about Rubaiyat Mahjabeen 7 Dr. Reazul Haque Remarks /Points of Discussion 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. Importance of Vocabularies Describing any memorable/significant event/achievement Making oral presentation on impromptu topic Describing a situation Three axioms about consumer preference Concept of weakly preferred set Indifference curves cannot cross Shape of the IC curves in case of perfect substitutes and perfect complements Importance of Vocabularies Describing any memorable/significant event/achievement Making oral presentation on impromptu topic Describing a situation Three axioms about consumer preference Concept of weakly preferred set Indifference curves cannot cross Mon 18 Jan Tue 19 Jan Wed 20 Jan preferences, Indifference curves, Examples of preferences, Perfect substitutes, Perfect complements Introducing Economic Development: A Global Perspective 4. Shape of the IC curves in case of perfect substitutes and perfect complements Anashua Ananga 1. 2. 3. 4. Contribution of Women What development ultimately requires What development ultimately requires Stating the MDGs 1. Marginal propensity to save 2. Paradox of thrift 3. Fiscal Policy and government budget 4. Budget multiplier 1. Contribution of Women 2. What development ultimately requires 3. What development ultimately requires 4. Stating the MDGs The balance sheet CT-1 08301000 2B Extension (South) ECO-2303 10151145 2B Extension (South) ECO-2302 Income Determination Models Sabrina Shareef Badhan 12001330 2A South Porch ECO-2303 Introducing Economic Development: A Global Perspective Anashua Ananga 13451515 2B Extension (South) ECO-2304 Accounting Statements and Cash Flow Dr. Mohammed Abu Misir 15301700 2A Extension (South) ECO-2304 Accounting Statements and Cash Flow Dr. Mohammed Abu Misir The balance sheet CT-1 10151145 2A Extension (South) ECO-2302 Income Determination Models Sabrina Shareef Badhan 13451515 2B Extension (South) ECO-2305 Video analysis on World Championship on Dr. Reazul Haque Public Speaking 15301700 2A Extension (South) ECO-2305 Video analysis on World Championship on Dr. Reazul Haque Public Speaking 13451515 2A Extension (South) ECO-2304 Accounting Statements and Cash Flow Dr. Mohammed Abu Misir 2B South Porch ECO-2303 Comparative Economic Development Anashua Ananga 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. CT 1 8 Marginal propensity to save Paradox of thrift Fiscal Policy and government budget Budget multiplier SWOT analysis on Presenters Presentation by students Background of competition Discussion on toastmasters SWOT analysis on Presenters Presentation by students Background of competition Discussion on toastmasters The income statement Financial cash flow The income statement Financial cash flow. Scenario of developed nations Income: real and nominal Basic needs: health Basic needs: education 15301700 2B Extension (South) ECO-2304 Accounting Statements and Cash Flow Dr. Mohammed Abu Misir 1. 2. 3. 4. The income statement Financial cash flow. The income statement Financial cash flow. 2A South Porch ECO-2303 Comparative Economic Development Anashua Ananga 1. 2. 3. 4. Scenario of developed nations Income: real and nominal Basic needs: health Basic needs: education Defining the Developing World Basic Indicators of Development: Real Income, Health, and Education CT 1 Thu 21 Jan 09001500 BUP 3rd Convocation Week-4 Date Day Course Code Time Sec Loc 13451515 2B Extension (South) ECO-2305 Understanding Different Presentation Situations (Classroom, presenting in competitions, presenting in front subordinates etc) Dr. Reazul Haque 1. 2. 3. 4. Need for Adaptation Presentation on assessment of the situation Discussion on different competition Preparation for public speaking 2A South Porch ECO-2301 Bads, Neutrals, Satiation, Well-behaved preferences (includes non-convex preferences) Rubaiyat Mahjabeen 1. 2. 3. 4. 2A Extension (South) ECO-2305 Understanding Different Presentation Situations (Classroom, presenting in competitions, presenting in front subordinates etc) Dr. Reazul Haque 1. 2. 3. 4. Concept of neutral good, bads and satiation Bliss point Concept of monotonicity of preferences Graphical representation of Monotonic preferences Need for Adaptation Presentation on assessment of the situation Discussion on different competition Preparation for public speaking Sun 24 Jan 15301700 Topic 9 Faculty Remarks /Points of Discussion Mon 25 Jan Tue 26 Jan Wed 27 Jan 2B South Porch ECO-2301 Bads, Neutrals, Satiation, Well-behaved preferences (includes non-convex preferences) Rubaiyat Mahjabeen 1. 2. 3. 4. 08301000 2B Extension (South) ECO-2303 Comparative Economic Development Anashua Ananga 10151145 2B Extension (South) ECO-2302 Money, Interest and Income Sabrina Shareef Badhan 12001330 2A South Porch ECO-2303 Comparative Economic Development Anashua Ananga 13451515 2B Extension (South) ECO-2304 Value and Capital Budgeting the financial market economy, making consumption choices over time, the competitive market Dr. Mohammed Abu Misir 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. Concept of neutral good, bads and satiation Bliss point Concept of monotonicity of preferences Graphical representation of Monotonic preferences Measuring how fine living standards are Understanding how HDI works Factors affecting HDI Calculation of HDI Investment and interest rate Equilibrium in commodity market: IS curve Slope and position of IS curve Equilibrium in the money market: LM curve Measuring how fine living standards are Understanding how HDI works Factors affecting HDI Calculation of HDI The financial market economy Making consumption choices over time The competitive market Q/A session 15301700 2A Extension (South) ECO-2304 Value and Capital Budgeting the financial market economy, making consumption choices over time, the competitive market Dr. Mohammed Abu Misir 1. 2. 3. 4. The financial market economy Making consumption choices over time The competitive market Q/A session 10151145 2A Extension (South) ECO-2302 Money, Interest and Income Sabrina Shareef Badhan 13451515 15301700 13451515 2B Extension (South) Extension (South) Extension (South) ECO-2305 Presentations on Impromptu Topic ECO-2305 Presentations on Impromptu Topic ECO-2304 Value and Capital Budgeting Dr. Reazul Haque Dr. Reazul Haque Dr. Mohammed Abu Misir 1. Investment and interest rate 2. Equilibrium in commodity market: IS curve 3. Slope and position of IS curve 4. Equilibrium in the money market: LM curve Topic will be given five minutes before commencement through lottery South Porch ECO-2303 Comparative Economic Development Characteristics of the Developing World: 2A 2A 2B 10 Anashua Ananga Topic will be given five minutes before commencement through lottery 1. 2. 3. 4. 1. 2. 3. Practicing the principle of lending and borrowing Investment decision Corporate investment decision. Wrapping up the chapter Defining life in the developing nations How living standard affects productivity How living standard affects human capital 4. 15301700 2B Extension (South) ECO-2304 Value and Capital Budgeting Dr. Mohammed Abu Misir 1. 2. 3. 4. 2A South Porch ECO-2303 Comparative Economic Development Characteristics of the Developing World: Anashua Ananga 1. 2. 3. 4. Thu 28 Jan Start Time:0830 hours accumulation Living standards and accelerating population growths Practicing the principle of lending and borrowing Investment decision Corporate investment decision. Wrapping up the chapter Defining life in the developing nations How living standard affects productivity How living standard affects human capital accumulation Living standards and accelerating population growths Assemble at BUP campus at 0800 hours (Smart Casual) STUDENTS’ PICNIC Week-5 Date Day Sun 31 Jan Mon 01 Feb Time Sec Loc Course Code 12001330 13451515 15301700 08301000 Topic Faculty Bijoy Auditorium: Students assemble by 1150 hours (BUP Dress Code) SEMINAR 1 2B Extension (South) ECO-2303 Comparative Economic Development Anashua Ananga 10151145 2B Extension (South) ECO-2302 Sabrina Shareef Badhan 1200- 2A South Porch The IS-LM Framework General equilibrium; Shifts in the IS and LM curves and their impacts Comparative Economic Development ECO-2303 Remarks/Points of Discussion 11 Anashua Ananga 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. Understanding migration trends Industrial backwardness Impact of the Ex-Colonial rulers Earlier stages of nations Monetary policy, Interest rate and output Effectiveness of policy Effectiveness of Fiscal Policy Liquidity Trap Understanding migration trends Industrial backwardness 1330 Tue 02 Feb Wed 03 Feb Impact of the Ex-Colonial rulers Earlier stages of nations 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. Future value Compounding Present value Discounting Future value Compounding Present value Discounting Monetary policy, Interest rate and output Effectiveness of policy Effectiveness of Fiscal Policy Liquidity Trap 13451515 2B Extension (South) ECO-2304 Net Present Value Dr. Mohammed Abu Misir 15301700 2A Extension (South) ECO-2304 Net Present Value Dr. Mohammed Abu Misir 10151145 2A Extension (South) ECO-2302 The IS-LM Framework General equilibrium; Shifts in the IS and LM curves and their impacts Sabrina Shareef Badhan 13451515 15301700 13451515 2B Extension (South) Extension (South) Extension (South) ECO-2305 Presentations on Impromptu Topic Dr. Reazul Haque Topic will be given five minutes before commencement through lottery ECO-2305 Presentations on Impromptu Topic Dr. Reazul Haque Topic will be given five minutes before commencement through lottery ECO-2304 Net Present Value Dr. Mohammed Abu Misir 1. 2. 3. 4. Compounding periods Perpetuity Growing perpetuity, annuity Growing annuity Understanding Migration What makes cross-country trade grow Technology and development Living standards: Developed Vs. Developing nations Compounding periods Perpetuity Growing perpetuity, annuity Growing annuity 15301700 Thu 04 Feb 3. 4. 08301000 2A 2A 2B South Porch ECO-2303 Comparative Economic Development Anashua Ananga 1. 2. 3. 4. 2B Extension (South) ECO-2304 Net Present Value Dr. Mohammed Abu Misir 1. 2. 3. 4. 2A South Porch ECO-2303 Comparative Economic Development Anashua Ananga 1. 2. 3. 4. 2A Extension (South) ECO-2302 The IS-LM Framework General equilibrium; Shifts in the IS and LM curves and their impacts Sabrina Shareef Badhan 1. 2. 3. 4. 12 Understanding Migration What makes cross-country trade grow Technology and development Living standards: Developed Vs. Developing nations Shifts in IS and LM Equilibrium conditions Diagrammatic representation Targets and policy mix 10151145 2B Extension (South) ECO-2301 12001330 2A Extension (South) ECO-2301 2B South Porch ECO-2302 The marginal rate of substitution , Other interpretations of the MRS, Idea of the utility function CT 2 The marginal rate of substitution , Other interpretations of the MRS, Idea of the utility function CT 2 The IS-LM Framework General equilibrium; Shifts in the IS and LM curves and their impacts Rubaiyat Mahjabeen 1. 2. 3. 4. Concept of MRS MRS is the slope of the Indifference curve Marginal willingness to pay Concept of utility function and ordinal utility Rubaiyat Mahjabeen 1. 2. 3. 4. Concept of MRS MRS is the slope of the Indifference curve Marginal willingness to pay Concept of utility function and ordinal utility Sabrina Shareef Badhan 1. 2. 3. 4. Shifts in IS and LM Equilibrium conditions Diagrammatic representation Targets and policy mix Week-6 Date Day Time Sec Loc 13451515 2B Extension (South) 2A Sun 07 Feb 15301700 2A 2B Mon 0830- 2B South Porch Extension (South) South Porch Extension Course Code ECO-2305 ECO-2301 ECO-2305 ECO-2301 ECO-2303 Topic Faculty Presentation on Physical Appearance, Outfit/Attire including Shoe/Belt/ Perfume Selection (both male and female) Dr. Reazul Haque Constructing a utility function, Examples of utility functions: Perfect substitutes Rubaiyat Mahjabeen Dr. Reazul Haque Constructing a utility function, Examples of utility functions: Perfect substitutes Rubaiyat Mahjabeen 13 1. 2. 3. 4. Presentation on Physical Appearance, Outfit/Attire including Shoe/Belt/ Perfume Selection (both male and female) Classic Theories of Economic Growth and Remarks /Points of Discussion Anashua Ananga 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. 1. Importance of physical appearance Importance of appropriate attire for particular presentation Describing one’s idol Challenges in following an idol Intransitive references Constructing utility function from indifference curves Concept of perfect substitutes Preferences for perfect substitutes Importance of physical appearance Importance of appropriate attire for particular presentation Describing one’s idol Challenges in following an idol Intransitive references Constructing utility function from indifference curves Concept of perfect substitutes Preferences for perfect substitutes Classical theories in Development 8 Feb Tue 9 Feb Wed 10 Feb 1000 (South) Development 2. 3. 4. Different approaches to Development Explaining Development as growth Understanding Rostow’s Stages of Growth 1. 2. 3. 4. 1. 2. 3. 4. Slope of AD curve Position of AD curve AD and its components Q/A session Classical theories in Development Different approaches to Development Explaining Development as growth Understanding Rostow’s Stages of Growth 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. Pure discount and zero coupon bonds Interest rate and bond prices Yield to maturity Present value of common stocks Pure discount and zero coupon bonds Interest rate and bond prices Yield to maturity Present value of common stocks Slope of AD curve Position of AD curve AD and its components Q/A session 10151145 2B Extension (South) ECO-2302 Aggregate Demand and Price Level Sabrina Shareef Badhan 12001330 2A South Porch ECO-2303 Classic Theories of Economic Growth and Development Anashua Ananga 13451515 2B Extension (South) ECO-2304 How to Value and Stocks Dr. Mohammed Abu Misir 15301700 2A Extension (South) ECO-2304 How to Value and Stocks Dr. Mohammed Abu Misir 10151145 2A Extension (South) ECO-2302 Aggregate Demand and Price Level Sabrina Shareef Badhan 13451515 2B Extension (South) ECO-2305 How to prepare efficient PPT slides? Dr. Reazul Haque 15301700 2A Extension (South) ECO-2305 13451515 2A Extension (South) ECO-2304 How to Value and Stocks Dr. Mohammed Abu Misir 1. 2. 3. 4. Dividend Vs. capital gains Valuation of different types of stocks Practice of capital budgeting Estimation of parameters in the dividend-discount model 2B South Porch ECO-2303 Classic Theories of Economic Growth and Development CT 2 Anashua Ananga 1. 2. 3. 4. Understanding The Harrod-Domar Growth Model\ Deducing the Model Constraints of the Model Criticism of the Model Practice : PPT preparation and presentation Issue team assignment How to prepare efficient PPT slides? Dr. Reazul Haque Practice : PPT preparation and presentation Issue team assignment 14 2B Extension (South) ECO-2304 How to Value and Stocks Dr. Mohammed Abu Misir 1. 2. 3. 4. 2A South Porch ECO-2303 Classic Theories of Economic Growth and Development CT 2 Anashua Ananga 1. 2. 3. 4. Dividend Vs. capital gains Valuation of different types of stocks Practice of capital budgeting Estimation of parameters in the dividend-discount model Understanding The Harrod-Domar Growth Model\ Deducing the Model Constraints of the Model Criticism of the Model 08301000 2A Extension (South) ECO-2302 Open Economy: IS-LM analysis and BP Sabrina Shareef Badhan 10151145 2B Extension (South) ECO-2301 Rubaiyat Mahjabeen Foreign Exchange Market Export and Import Capital Flows Exchange rate regimes Concept of perfect complements Preferences for perfect complements Concept of quasilinear utility Cobb-Douglas indifference curves 12001330 2A Extension (South) ECO-2301 Rubaiyat Mahjabeen 1. 2. 3. 4. Concept of perfect complements Preferences for perfect complements Concept of quasilinear utility Cobb-Douglas indifference curves 2B South Porch ECO-2302 Examples of utility functions:Perfect complements , Quasilinear preferences, Cobb-Douglas preferences, Marginal utility and MRS Examples of utility functions:Perfect complements , Quasilinear preferences, Cobb-Douglas preferences, Marginal utility and MRS Open Economy: IS-LM analysis and BP 1. 2. 3. 4. 1. 2. 3. 4. Sabrina Shareef Badhan 1. Foreign Exchange Market 2. Export and Import 3. Capital Flows 4. Exchange rate regimes Bijoy Auditorium; Students assemble by 0900 hours (Male Students: Closed Collar; Female Students: Sharee) 15301700 Thu 11 Feb Fri 12 Feb Sat 13 Feb 09301630 International Conference 09301630 Shoroshwati Puja International Conference Bijoy Auditorium; Students assemble by 0900 hours (Male Students: Closed Collar; Female Students: Sharee) Week-7 15 Date Day Sec Loc 13451515 2B Extension (South) South Porch ECO-2305 2A Extension (South) 2B 2B 2A Sun 14 Feb Mon 15 Feb Course Code Time 15301700 08301000 Topic Faculty Remarks/Points of Discussion Story Telling, right humor, Figures, Diagrams for Presentations. Choice: Optimal choice, Consumer demand, Examples: perfect substitutes Dr. Reazul Haque 1. 2. 3. 4. Students will be asked to tell story of their choice Describing an interesting experience Describing a figure Describing a data set/table Rubaiyat Mahjabeen 1. 2. 3. 4. Concept of optimal choice Kinky tastes Boundary optimum Consumer’s demanded bundle ECO-2305 Story Telling, right humor, Figures, Diagrams for Presentations. Dr. Reazul Haque South Porch ECO-2301 Choice: Optimal choice, Consumer demand, Examples: perfect substitutes Rubaiyat Mahjabeen 1. 2. 3. 4. 1. 2. 3. 4. Students will be asked to tell story of their choice Describing an interesting experience Describing a figure Describing a data set/table Concept of optimal choice Kinky tastes Boundary optimum Consumer’s demanded bundle Extension (South) ECO-2303 Classic Theories of Economic Growth and Development Anashua Ananga 1. 2. Understanding the Structural-Change Models Understanding the concept of Lewis Theory of Development Deriving the model Criticism of the model ECO-2301 3. 4. 10151145 12001330 13451515 2B 2A 2B Extension (South) South Porch Extension (South) ECO-2302 ECO-2303 ECO-2304 Exchange Rates and Balance of Payments Classic Theories of Economic Growth and Development Structural-Change Models The Lewis Theory of Development Structural Change and Patterns of Development How to Value and Stocks 16 Sabrina Shareef Badhan 1. 2. 3. Anashua Ananga 4. 1. 2. Dr. Mohammed Abu Misir 3. 4. Flexible Exchange Rate regime BP curve and its shifts Fiscal and Monetary policy under flexible exchange rate regime Real world examples Understanding the Structural-Change Models Understanding the concept of Lewis Theory of Development Deriving the model Criticism of the model 1. 2. 3. 4. Growth opportunities The dividend-growth model NPVGO model Price-earnings ratio. Tue 16 Feb Wed 17 Feb Growth opportunities The dividend-growth model NPVGO model Price-earnings ratio Flexible Exchange Rate regime BP curve and its shifts Fiscal and Monetary policy under flexible exchange rate regime Real world examples Importance of research How to organize information Use of Brain Storming Need for effective delivery 2A Extension (South) ECO-2304 How to Value and Stocks Dr. Mohammed Abu Misir 10151145 2A Extension (South) ECO-2302 Exchange Rates and Balance of Payments Sabrina Shareef Badhan 13451515 2B Extension (South) ECO-2305 Developing and Organizing information for presentation Dr. Reazul Haque 15301700 2A Extension (South) ECO-2305 Developing and Organizing information for presentation Dr. Reazul Haque 1. Importance of research 13451515 2A Extension (South) ECO-2304 Some Alternative investment Rules Dr. Mohammed Abu Misir 2B South Porch ECO-2303 Classic Theories of Economic Growth and Anashua Ananga Development 2B Extension (South) ECO-2304 Some Alternative investment Rules 2A South Porch ECO-2303 Classic Theories of Economic Growth and Anashua Ananga Development Discussing models with Practical relevance: 1. The International-Dependence Revolution 2. The Neocolonial Dependence Model 3. The False-Paradigm Model 4. The Dualistic-Development Thesis 08301000 2A Extension (South) ECO-2302 The Labour Market Sabrina Shareef Badhan 10151145 2B Extension (South) ECO-2301 Perfect complements , Neutrals and bads, Discrete goods, Concave preferences, Cobb-Douglas preferences, Income tax versus quantity tax Rubaiyat Mahjabeen 1. 2. 3. 4. 1. 2. 3. 4. 15301700 Thu 18 Feb 1. 2. 3. 4. 1. 2. 3. 15301700 17 4. 1. 2. 3. 4. CT-3 2. How to organize information 3. Use of Brain Storming 4. Need for effective delivery CT-3 Dr. Mohammed Abu Misir 1. Payback period rule 2. Discounted payback period rule CT 2 Discussing models with Practical relevance: 1. The International-Dependence Revolution 2. The Neocolonial Dependence Model 3. The False-Paradigm Model 4. The Dualistic-Development Thesis 1. Payback period rule 2. Discounted payback period rule CT 2 Production function Demand for Labour Supply of Labour Labour market equilibrium Optimal choice with perfect complements Concept of neutrals and bads Concept of discrete goods Optimal choice with concave preferences 12001330 Date Day Time 13451515 Fri 19 Feb 15301700 2A Extension (South) ECO-2301 Perfect complements , Neutrals and bads, Discrete goods, Concave preferences, Cobb-Douglas preferences, Income tax versus quantity tax Rubaiyat Mahjabeen 1. 2. 3. 4. Optimal choice with perfect complements Concept of neutrals and bads Concept of discrete goods Optimal choice with concave preferences 2B South Porch ECO-2302 The Labour Market Sabrina Shareef Badhan 1. 2. 3. 4. Production function Demand for Labour Supply of Labour Labour market equilibrium Loc Course Code Topic Faculty 2B Extension (South) ECO-2305 Dr. Reazul Haque 2A South Porch ECO-2301 Some Special tips for smart speech, Business Presentation, practicing through examples Demand: Normal and inferior goods, Income offer curves and Engel curves, Ordinary goods and the Giffen goods CT 3 Some Special tips for smart speech, Business Presentation, practicing through examples Demand: Normal and inferior goods, Income offer curves and Engel curves, Ordinary goods and the Giffen goods CT 3 Dr. Reazul Haque Sec 2A Extension (South) ECO-2305 2B South Porch ECO-2301 Week-8 18 Rubaiyat Mahjabeen Remarks/Points of Discussion 1. 2. 3. 4. 1. 2. 3. 4. Rubaiyat Mahjabeen 1. 2. 3. 4. 1. 2. 3. 4. Use/ criticism of different tips Use/ criticism of different tools Tips on great opening How to close effectively Concept of normal goods Concept of inferior goods The income expansion path and the concept of Engel curves Effect of change in price on the demand for ordinary goods and giffen goods Use/ criticism of different tips Use/ criticism of different tools Tips on great opening How to close effectively Concept of normal goods Concept of inferior goods The income expansion path and the concept of Engel curves Effect of change in price on the demand for ordinary goods and giffen goods Date Day Sun 21 Feb Mon 22 Feb Time Sec Loc Topic Faculty International Mother Language Day (Wreath laying in Central ShahidMinar led by Respected VC) 08301000 2B Extension (South) ECO-2303 10151145 2B Extension (South) ECO-2302 Labour Market 12001330 2A South Porch ECO-2303 Classic Theories of Economic Growth and Anashua Ananga Development 1230 Tue 23 Feb Course Code Classic Theories of Economic Growth and Anashua Ananga Development Sabrina Shareef Remarks/Points of Discussion Students assemble at 0400 hours at BUP campus (Male Students: Payjama Panjabi; Female Students: Sharee) 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. Understanding The Neoclassical Counterrevolution Discussing Market friendly approaches Discussing Market Failures Reconciling the differences among the models Price Expectations Money Illusion Expectation and short run/ long run employment Wrapping up the whole chapter with Q/A Understanding The Neoclassical Counterrevolution Discussing Market friendly approaches Discussing Market Failures Reconciling the differences among the models Venue: BUP Ground; Students assemble at 1215 hours at BUP Ground BADMINTION TOURNAMENT 10151145 2A Extension (South) ECO-2302 Labour Market Sabrina Shareef 1. 2. 3. 4. Price Expectations Money Illusion Expectation and short run/ long run employment Wrapping up the whole chapter with Q/A 13451515 2B Extension (South) ECO-2305 Ways to reduce Shyness, Stage Fright, stress and speaker’s anxiety Dr. Reazul Haque 1. 2. Different techniques Different techniques phobia Different techniques stress Speaker`s anxiety Different techniques Different techniques phobia Different techniques stress Speaker`s anxiety 3. 15301700 2A Extension (South) ECO-2305 Ways to reduce Shyness, Stage Fright, stress and speaker’s anxiety Dr. Reazul Haque 4. 1. 2. 3. 4. 19 used for reducing shyness, used for reducing stage used for reducing used for reducing shyness, used for reducing stage used for reducing Wed 24 Feb 13451515 2A Extension (South) ECO-2304 Some Alternative investment Rules 2B South Porch ECO-2303 Classic Theories of Economic Growth and Anashua Ananga Development 2B Extension (South) ECO-2304 Some Alternative investment Rules 2A South Porch ECO-2303 Classic Theories of Economic Growth and Anashua Ananga Development 08301000 2A Extension (South) ECO-2302 10151145 2B Extension (South) ECO-2301 15301700 Thu 25 Feb 12001330 Fri 26 Feb 08301000 Components of Economic Growth Aggregate Supply Dr. Mohammed Abu Misir Dr. Mohammed Abu Misir 1. 2. 3. 4. 1. 2. 3. 4. The average accounting return The internal rate of return The profitability index Q/A session Effect of Growth of Capital Stock Effect of Growth of land Effect of Technological Change-Agricultural Sector Effect of Technological Change-Industrial Sector 1. 2. 3. 4. The average accounting return The internal rate of return The profitability index Q/A session 1. 2. 3. 4. Effect of Growth of Capital Stock Effect of Growth of land Effect of Technological Change-Agricultural Sector Effect of Technological Change-Industrial Sector 1. 2. 3. 4. 1. 2. 2B South Porch ECO-2302 Aggregate Supply Sabrina Shareef 1. 2. 3. 4. AS in Classical Model Graphical Illustration of AS curve Supply Shocks AS in imperfect models Concept of price offer curve Constructing price offer curve and the associated demand curve Price offer curve in the case of perfect substitutes Price offer curve in the case of perfect complements Concept of price offer curve Constructing price offer curve and the associated demand curve Price offer curve in the case of perfect substitutes Price offer curve in the case of perfect complements AS in Classical Model Graphical Illustration of AS curve Supply Shocks AS in imperfect models 2A Extension (South) ECO-2302 Equilibrium in Closed Economy CT 3 Sabrina Shareef 1. 2. 3. 4. Demand Shocks Monetary Policy Crowding out Effects Liquidity Trap 2A Extension (South) ECO-2301 Sabrina Shareef Price offer curve and the Demand curve, Examples of demand curves: Perfect substitutes and complements Rubaiyat Mahjabeen Price offer curve and the Demand curve, Examples of demand curves: Perfect substitutes and complements Rubaiyat Mahjabeen 20 3. 4. 1. 2. 3. 4. 10151145 12001330 2B 2A 2B Extension (South) Extension (South) South Porch ECO-2301 ECO-2301 ECO-2302 Substitutes and complements, Inverse demand function, Revealed Preference: Idea of revealed preference, Principle of Revealed Preference Substitutes and complements, Inverse demand function, Revealed Preference: Idea of revealed preference, Principle of Revealed Preference Equilibrium in Closed Economy CT 3 Rubaiyat Mahjabeen 1. 2. 3. 4. Rubaiyat Mahjabeen Sabrina Shareef 1. 2. 3. Perfect and imperfect substitutes Perfect complements Graphical interpretation of the inverse demand curve Concept of revealed preference 4. Perfect and imperfect substitutes Perfect complements Graphical interpretation of the inverse demand curve Concept of revealed preference 1. 2. 3. 4. Demand Shocks Monetary Policy Crowding out Effects Liquidity Trap Week-9 Date Day Sun 28 Feb Time Sec Loc 13451515 2B Extension (South) 2A 15301700 Course Code Topic Faculty ECO-2305 Breathing, eye contact, Body Language, Applying Gesture and Posture Dr. Reazul Haque 1. 2. 3. 4. Eye contact Body language Gesture Posture South Porch ECO-2301 Recovering preferences, Weak Axiom of Revealed Preference, Checking WARP Rubaiyat Mahjabeen 1. 2. 3. 2A Extension (South) ECO-2305 Breathing, eye contact, Body Language, Applying Gesture and Posture Dr. Reazul Haque 2B South Porch ECO-2301 Recovering preferences, Weak Axiom of Revealed Preference, Checking WARP Rubaiyat Mahjabeen Trapping the indifference curve Concept of weak axiom of revealed preference Violation of the weak axiom of revealed preference Satisfying WARP Eye contact Body language Gesture Posture Trapping the indifference curve Concept of weak axiom of revealed preference Violation of the weak axiom of revealed preference Satisfying WARP 2B Extension (South) ECO-2303 Mid-term Anashua Ananga Remarks/Points of Discussion 4. 1. 2. 3. 4. 1. 2. 3. 4. Mon 29 08301000 21 Feb 1. 2. 3. 4. Closed economy equilibrium conditions Features of closed economy Discussion on topics covered so far Q/A session 10151145 2B Extension (South) ECO-2302 Equilibrium in Closed Economy Revision of topics covered so far Sabrina Shareef Badhan 12001330 13451515 2A South Porch ECO-2303 Mid-term Anashua Ananga 2B Extension (South) ECO-2304 Risk and Return Dr. Mohammed Abu Misir Definition and Measurement using Probability Distribution 15301700 2A Extension (South) ECO-2304 Risk and Return Dr. Mohammed Abu Misir Definition and Measurement using Probability Distribution 10151145 2A Extension (South) ECO-2302 Equilibrium in Closed Economy Revision of topics covered so far Sabrina Shareef Badhan 1. 2. 3. 4. 13451515 2B Extension (South) ECO-2305 Pronunciation, Pace, Voice, Modulation, Art of Rhetoric Dr. Reazul Haque 1. 15301700 2A Extension (South) ECO-2305 Pronunciation, Pace, Voice, Modulation, Art of Rhetoric Dr. Reazul Haque Wed 134502 1515 Mar 2A Extension (South) South Porch ECO-2304 Revision of all chapters covered Tue 01 Mar 15301700 2B 2B 2A Thu 03 08301000 2A ECO-2303 Extension (South) South Porch ECO-2304 Extension (South) ECO-2302 ECO-2303 Dr. Mohammed Abu Misir Classic Theories of Economic Growth Anashua Ananga and Development The Solow Neoclassical Growth Model Revision of all chapters covered Dr. Mohammed Abu Misir Classic Theories of Economic Growth Anashua Ananga and Development Mid-term Examination Sabrina Shareef Badhan 22 Closed economy equilibrium conditions Features of closed economy Discussion on topics covered so far Q/A session Importance of correct pronunciation in presentation 2. Importance of voice 3. Importance Modulation 4. Importance of Art or Rhetoric Submission of case study 1. Importance of correct pronunciation in presentation 2. Importance of voice 3. Importance Modulation 4. Importance of Art or Rhetoric Submission of case study Discussion and Q/A session 1. 2. 3. 4. Understanding the concept Discussing the model Understanding figures Impacts of factors Discussion and Q/A session 1. 2. 3. 4. Understanding the concept Discussing the model Understanding figures Impacts of factors Mar 10151145 12001330 2B Extension (South) ECO-2301 Strong Axiom of Revealed Preference, Checking SARP, Slutsky Equation: The Substitution Effect Rubaiyat Mahjabeen 2A Extension (South) ECO-2301 Strong Axiom of Revealed Preference, Checking SARP, Slutsky Equation: The Substitution Effect Rubaiyat Mahjabeen 2B South Porch ECO-2302 Mid-term Examination Sabrina Shareef Badhan 1. 2. 3. 4. Concept of SARP The concept of substitution effect and income effect Pivot of the budget line Shift of the budget line 1. 2. 3. 4. Concept of SARP The concept of substitution effect Pivot of the budget line Shift of the budget line Week-10 Date Day Time 13451515 Sun 06 Mar 15301700 Sec 2B Loc Course Code Extension (South) ECO-2305 2A South Porch ECO-2301 2A Extension (South) ECO-2305 2B South Porch ECO-2301 Topic Faculty Pronunciation, Pace, Voice, Modulation, Art of Rhetoric Dr. Reazul Haque Remarks/Points of Discussion 1. 2. 3. 4. Importance of correct pronunciation in presentation Importance of voice Importance Modulation Importance of Art or Rhetoric The Income Effect, Sign of the substitution effect, Total change in demand , The law of demand Pronunciation, Pace, Voice, Modulation, Art of Rhetoric Rubaiyat Mahjabeen 1. 2. 3. 4. Graphical representation of income effect Graphical representation of substitution effect Reason for the negative sign of substitution effect Explanation of the law of demand Dr. Reazul Haque 1. The Income Effect, Sign of the substitution effect, Total change in demand , The law of demand Rubaiyat Mahjabeen Importance of correct pronunciation in presentation Importance of voice Importance Modulation Importance of Art or Rhetoric Graphical representation of income effect Graphical representation of substitution effect Reason for the negative sign of substitution effect Explanation of the law of demand 23 2. 3. 4. 1. 2. 3. 4. Mon 07 Mar 08301000 2B Extension (South) ECO-2303 Anashua Ananga 1. 2. 3. 4. 10151145 2B Extension (South) 12001330 2A South Porch ECO-2302 Inflation Sabrina Shareef Badhan ECO-2303 Anashua Ananga 13451515 15301700 10151145 2B Extension (South) ECO-2304 2A Extension (South) ECO-2304 2A Extension (South) ECO-2302 13451515 2B Extension (South) 15301700 2A Wed 134509 1515 Mar Tue 08 Mar Contemporary Models of Development and Underdevelopment 15301700 Contemporary Models of Development and Underdevelopment Mid-term Examination CT 3 Mid-term Examination CT 3 Inflation Dr. Mohammed Abu Misir Dr. Mohammed Abu Misir Sabrina Shareef Badhan ECO-2305 Use of Voice/Vocal Variety and Correct English Dr. Reazul Haque Extension (South) ECO-2305 Use of Voice/Vocal Variety and Correct English Dr. Reazul Haque 2A Extension (South) ECO-2304 Risk and Return Dr. Mohammed Abu Misir 2B South Porch ECO-2303 Contemporary Models of Development and Underdevelopment Anashua Ananga 2B Extension (South) ECO-2304 CT 3 Risk and Return Dr. Mohammed Abu Misir 24 1. 2. 3. 4. 1. 2. Explaining Underdevelopment Relating Coordination failure with underdevelopment Understanding Multiple Equilibria Explaining Multiple Eqilibria through diagram 3. 4. What is inflation? Demand pull and Cost push inflation Real examples Introduction to Philips Curve Explaining Underdevelopment Relating Coordination failure with underdevelopment Understanding Multiple Equilibria Explaining Multiple Eqilibria through diagram 1. 2. 3. 4. What is inflation? Demand pull and Cost push inflation Real examples Introduction to Philips Curve 1. Use of voice 2. Use of correct English 3. Potential misunderstanding of wrong English 4. Impact of bad voice on presentation Assign Analytical 1 CT-4 1. Use of voice 2. Use of correct English 3. Potential misunderstanding of wrong English 4. Impact of bad voice on presentation Assign Analytical 1 CT-4 1. Risk and return of a Portfolio 2. Examples of risk and returns 3. The Capital Asset Pricing Model (CAPM) 4. Drawbacks of the model 1. Commencing development of the economy 2. Understanding the Big-Push Model 3. Assumptions of the model 4. Illustrating the model 1. 2. 3. Risk and return of a Portfolio Examples of risk and returns The Capital Asset Pricing Model (CAPM) Thu 10 Mar Sat 12 Mar 2A South Porch ECO-2303 Contemporary Models of Development and Underdevelopment 08301000 2A Extension (South) ECO-2302 CT 3 Inflation 10151145 12001330 2B Extension (South) ECO-2301 Mid Term Examination 2A Extension (South) ECO-2301 Mid Term Examination 2B South Porch ECO-2302 Inflation 09001700 4. Drawbacks of the model Anashua Ananga 1. 2. 3. 4. Commencing development of the economy Understanding the Big-Push Model Assumptions of the model Illustrating the model Sabrina Shareef Badhan 1. 2. 3. 4. Short run Long run Philips Curve Role of inflationary expectations Adaptive and Rational Expectation Costs of inflation 1. 2. 3. 4. Short run Long run Philips Curve Role of inflationary expectations Adaptive and Rational Expectation Costs of inflation Rubaiyat Mahjabeen Rubaiyat Mahjabeen Sabrina Shareef Badhan Workshop by FST Week-11 Date Day Course Code Time Sec Loc 13451515 2B Extension (South) ECO-2305 Midterm Examination Dr. Reazul Haque 2A South Porch ECO-2301 Hicks substitution effect, Compensated demand curves, Consumer’s Surplus:Interpretation of consumer’s surplus Midterm Examination Rubaiyat Mahjabeen Sun 13 Mar 15301700 2A Extension (South) ECO-2305 Topic 25 Faculty Dr. Reazul Haque Remarks/Points of Discussion 1. 2. 3. 4. Graphical representation of the Hicks substitution effect Concept of Hicks substitution effect Concept of Hicksian demand curve Concept of consumer’s surplus 2B Mon 14 Mar Tue 15 Mar Wed 16 Mar South Porch ECO-2301 Contemporary Models of Development Anashua Ananga and Underdevelopment 1. 2. 3. 4. Significance of the Big push Inter-temporal effects Effect of Urbanization Effect of Infrastructure Inflation 1. 2. 3. 4. 1. 2. 3. 4. Effects of unanticipated inflation Inflation in an open economy Recession as a cure for inflation Q/A Significance of the Big push Inter-temporal effects Effect of Urbanization Effect of Infrastructure Rubaiyat Mahjabeen 1. 08301000 2B Extension (South) 10151145 2B Extension (South) 12001330 2A South Porch ECO-2303 Contemporary Models of Development Anashua Ananga and Underdevelopment 13451515 2B Extension (South) ECO-2304 Securities Market Dr. Mohammed Abu Misir Basic Concepts of Security Issuance-Initial Public offerings (IPO) 15301700 2A Extension (South) ECO-2304 Securities Market Dr. Mohammed Abu Misir Basic Concepts of Security Issuance-Initial Public offerings (IPO) 10151145 2A Extension (South) ECO-2302 Inflation Sabrina Shareef Badhan 1. 2. 3. 4. 13451515 15301700 13451515 2B Extension (South) Extension (South) Extension (South) ECO-2305 Case Study Competition (group) Dr. Reazul Haque ECO-2305 Case Study Competition (group) Dr. Reazul Haque ECO-2304 Securities Market Dr. Mohammed Abu Misir South Porch ECO-2303 Contemporary Models of Development Anashua Ananga and Underdevelopment 2A 2A 2B ECO-2303 2. 3. 4. Graphical representation of the Hicks substitution effect Concept of Hicks substitution effect Concept of Hicksian demand curve Concept of consumer’s surplus Hicks substitution effect, Compensated demand curves, Consumer’s Surplus:Interpretation of consumer’s surplus ECO-2302 Sabrina Shareef Badhan Further Problems of Multiple Equilibria 26 Effects of unanticipated inflation Inflation in an open economy Recession as a cure for inflation Q/A Classification: Market Participants; Bangladesh Context 1. 2. 3. 4. Problems regarding Multiple Equilibria Behavior and norms Linkages Inequality, multiple equilibria, and growth 15301700 2B Extension (South) ECO-2304 Securities Market Dr. Mohammed Abu Misir 2A South Porch ECO-2303 Contemporary Models of Development Anashua Ananga and Underdevelopment Further Problems of Multiple Equilibria Thu 17 Mar 1000 Hours Birthday of Bangabandhu (Discussion Meeting and Showing Documentary) Sat 19 Mar 1600 hours Creadive Classification: Market Participants; Bangladesh Context 1. 2. 3. 4. Problems regarding Multiple Equilibria Behavior and norms Linkages Inequality, multiple equilibria, and growth Students assemble at 0945 hours at Bijoy Auditorium (BUP Dress Code) Students assemble at 1545 hours at Bijoy Auditorium (BUP Dress Code) Week-12 Date Day Sun 20 Mar Course Code Time Sec Loc 13451515 2B Extension (South) ECO-2305 2A South Porch ECO-2301 Topic Faculty Audience Analysis, how to keep audience Dr. Reazul Haque involved including selecting right mode of presentation. Submission of team assignment Interpreting the change in consumer’s Rubaiyat surplus, Compensating and equivalent Mahjabeen variations, Producer’s surplus 27 Remarks/Points of Discussion Need for audience analysis, Fitting message to audiences’ expectation 1. 2. 3. 4. Concept of change in consumer’s surplus Graphical representation of change in consumer’s surplus Graphical representation of producer’s surplus Difference between consumer’s surplus and producer’s surplus 15301700 Mon 21 Mar 08301000 2A Extension (South) ECO-2305 Audience Analysis, how to keep audience Dr. Reazul Haque involved including selecting right mode of presentation. Submission of team assignment Need for audience analysis, Fitting message to audiences’ expectation 2B South Porch ECO-2301 Interpreting the change in consumer’s surplus, Compensating and equivalent variations, Producer’s surplus Rubaiyat Mahjabeen 1. 2. The Economics of Growth Anashua Ananga 2B Extension (South) ECO-2303 3. 4. 2. 3. Kuznet’s six characteristics of modern economics growth 4. 10151145 2B Extension (South) ECO-2302 Unemployment CT 4 Sabrina Shareef Badhan 12001330 2A South Porch ECO-2303 The Economics of Growth Anashua Ananga 1. 2. 3. 4. 1. 2. 3. Kuznet’s six characteristics of modern economics growth Tue 22 Mar 1. 4. Concept of change in consumer’s surplus Graphical representation of change in consumer’s surplus Graphical representation of producer’s surplus Difference between consumer’s surplus and producer’s surplus High rates of growth of per capita output and population High rates of increase in total factor productivity High rates of structural transformation of the economy High rates of social and ideological transformation Definition and types Neo-classical theory of labour market Efficiency Wage theory Interpretations of equations High rates of growth of per capita output and population High rates of increase in total factor productivity High rates of structural transformation of the economy High rates of social and ideological transformation 13451515 2B Extension (South) ECO-2304 Banking Firm & Management of Financial Institutions Dr. Mohammed Abu Misir Bank Balance Sheet and General Principle of Bank Management CT 4 15301700 2A Extension (South) ECO-2304 Banking Firm & Management of Financial Institutions Dr. Mohammed Abu Misir Bank Balance Sheet and General Principle of Bank Management CT 4 2A Extension (South) ECO-2302 Unemployment CT 4 Sabrina Shareef Badhan 1. 2. 3. 4. 2B Extension (South) Extension ECO-2305 Different styles of presentation Dr. Reazul Haque ECO-2305 Different styles of presentation Dr. Reazul Haque Submission of Analytical-1 Presentation by students on selected topic following different styles covered Submission of Analytical-1 Presentation by students on selected topic following 10151145 13451515 1530- 2A 28 Definition and types Neo-classical theory of labour market Efficiency Wage theory Interpretations of equations Wed 23 Mar 1700 13451515 2A ECO-2304 Banking Firm & Management of Financial Institutions Dr. Mohammed Abu Misir 2B South Porch ECO-2303 International Trade Theory and Development Strategy CT 4 Anashua Ananga 2B Extension (South) ECO-2304 Banking Firm & Management of Financial Institutions Dr. Mohammed Abu Misir 2A South Porch ECO-2303 International Trade Theory and Development Strategy CT 4 Anashua Ananga 08301000 2A Extension (South) ECO-2302 Unemployment Sabrina Shareef Badhan 10151145 2B Extension (South) ECO-2301 Rubaiyat Mahjabeen 12001330 2A Extension (South) ECO-2301 2B South Porch ECO-2302 Technology: Inputs and outputs, Technological constraints, Examples of technology: Fixed proportions, Perfect substitutes, Cobb-Douglas, Properties of technology : Monotonicity and convexity CT 4 Technology: Inputs and outputs, Technological constraints, Examples of technology: Fixed proportions, Perfect substitutes, Cobb-Douglas, Properties of technology : Monotonicity and convexity CT 4 Unemployment 15301700 Thu 24 Mar Sat 26 Mar different styles covered (South) Extension (South) INDEPENDENCE DAY 29 1. 2. 3. 4. 1. 2. 3. 4. Managing Credit Risk Off-Balance Sheet Activities Financial Institutions Financial Management Financial Innovation Understanding Economic Globalization Prime issues in International trade Trade issues in the context of development Analyzing these issues 1. 2. 3. 4. 1. 2. 3. 4. Managing Credit Risk Off-Balance Sheet Activities Financial Institutions Financial Management Financial Innovation Understanding Economic Globalization Prime issues in International trade Trade issues in the context of development Analyzing these issues 1. 2. 3. 4. 1. 2. 3. 4. Insider-Outsider Theory Implicit Contract Theory Imperfect Information theory Strengths and weaknesses of the theories Capital goods and financial capital Production function Isoquants for the case of fixed proportion Isoquants for the case of perfect substitutes Rubaiyat Mahjabeen 1. 2. 3. 4. Capital goods and financial capital Production function Isoquants for the case of fixed proportion Isoquants for the case of perfect substitutes Sabrina Shareef Badhan 1. 2. 3. 4. Insider-Outsider Theory Implicit Contract Theory Imperfect Information theory Strengths and weaknesses of the theories Week-13 Date Day Time 13451515 Sun 27 Mar Mon 28 Mar 15301700 08301000 10151145 Sec Loc Course Code Topic Faculty 2B Extension (South) ECO-2305 Use/Effects of Mentoring in developing Dr. Reazul Haque presentation skill 2A South Porch ECO-2301 Marginal product, Technical rate of substitution, Diminishing marginal product, Diminishing TRS, The long run and the short run, Returns to scale 2A Extension (South) ECO-2305 Use/Effects of Mentoring in developing Dr. Reazul Haque presentation skill 2B South Porch ECO-2301 Marginal product, Technical rate of substitution, Diminishing marginal product, Diminishing TRS, The long run and the short run, Returns to scale Rubaiyat Mahjabeen 2B Extension (South) ECO-2303 International Trade Theory and Development Strategy Anashua Ananga 2B Extension (South) ECO-2302 Demand for Money Rubaiyat Mahjabeen Sabrina Shareef Badhan 30 Remarks/Points of Discussion 1. Students will present on their mentors with rationale for their selection 2. Personality Development Skill CT – 5 1. The law of diminishing marginal product 2. Concept of TRS 3. Difference between long run and short run 4. Constant, increasing and decreasing returns to scale 1. Students will present on their mentors with rationale for their selection 2. Personality Development Skill CT – 5 1. The law of diminishing marginal product 2. Concept of TRS 3. Difference between long run and short run 4. Constant, increasing and decreasing returns to scale 1. 2. 3. 4. 1. 2. 3. Significance of Exports Importance of Exports in the context of Developing nations The terms of trade Understanding the Prebisch-Singer hypothesis, Definition of money Concept of the money market Demand for holding money 12001330 Tue 29 Mar Wed 30 Mar 2A 13451515 2B 15301700 2A 10151145 2A 13451515 15301700 13451515 2B 15301700 2A 2A 08301000 ECO-2303 International Trade Theory and Development Strategy Central Banking Dr. Mohammed Abu Misir ECO-2304 Central Banking Dr. Mohammed Abu Misir Extension (South) ECO-2302 Investment Spending CT 5 Sabrina Shareef Badhan Extension (South) Extension (South) Extension (South) ECO-2305 Use of Vibrant Videos and Amazing Audio Use of Vibrant Videos and Amazing Audio Central Banking Dr. Reazul Haque Extension (South) Extension (South) ECO-2305 ECO-2304 South Porch ECO-2303 International Trade Development Strategy 2B Extension (South) South Porch ECO-2304 Central Banking ECO-2303 International Trade Development Strategy Extension (South) ECO-2302 Demand for Money 2A Anashua Ananga ECO-2304 2B 2A Thu 31 Mar South Porch Dr. Reazul Haque Dr. Mohammed Abu Misir 3. 4. Money demand curve and its interpretation Significance of Exports Importance of Exports in the context of Developing nations The terms of trade Understanding the Prebisch-Singer hypothesis, 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. Functions of CB Functions of Bangladesh Bank Credit Control Q/A Functions of CB Functions of Bangladesh Bank Credit Control Q/A Gross and Net Investment Inventory Investment IS-LM model with investment Q/A 1. Students will be asked to criticize the video shown 1. Students will be asked to criticize the video shown Instruments of Monetary Management Theory and Anashua Ananga 1. Comparative Advantage 2. Absolute advantage 3. Specialization in Production 4. Relating trade theory with development Instruments of Monetary Management Theory Dr. Mohammed Abu Misir and Anashua Ananga Sabrina Shareef Badhan 31 4. 1. 2. 1. Comparative Advantage 2. Absolute advantage 3.Specialization in Production 4. Relating trade theory with development 1. 2. 3. 4. Definition and Functions of Money Demand for money Quantity Theory of Money Velocity of money 10151145 2B Extension (South) ECO-2301 12001330 13451515 15301700 Profit Maximization: Idea of profit, Organizational structure of firms, Fixed and variable factors, Short-run profit maximization Rubaiyat Mahjabeen 1. 2. 3. 4. Representing profit by using equation Interpretation of proprietorship, partnership and corporation Fixed factor of production with example Variable factor of production with example Bijoy Auditorium; Students assemble by 1150 hours (BUP Dress Code) SEMINAR 2 Week-14 Date Day Sun 03 Apr Time Sec Loc 13451515 2B Extension (South) 2A 15301700 Course Code Topic Faculty ECO-2305 Audience Analysis, how to keep audience involved including selecting right mode of presentation. Dr. Reazul Haque South Porch ECO-2301 Rubaiyat Mahjabeen 2A Extension (South) ECO-2305 Profit Maximization: Idea of profit, Organizational structure of firms, Fixed and variable factors, Short-run profit maximization Audience Analysis, how to keep audience involved including selecting right mode of presentation. 2B South Porch ECO-2301 Long-run profit maximization, Inverse factor demand curves, Relation of profit maximization with returns to scale Rubaiyat Mahjabeen 32 Dr. Reazul Haque Remarks/Points of Discussion 1. Need for audience analysis 2. Fitting message to audiences’ expectation 3. Mode of Presentation 4. Techniques of keeping audience involved Submission of Team Assignment l - 1 1. Representing profit by using equation 2. Interpretation of proprietorship, partnership and corporation 3. Fixed factor of production with example 4. Variable factor of production with example 1. Need for audience analysis 2. Fitting message to audiences’ expectation 3. Mode of Presentation 4. Techniques of keeping audience involved Submission of Team Assignment l - 1 1. Interpretation of profit maximization in the long run 2. Concept of inverse factor demand curve 3. Graphical representation of inverse factor demand curve Mon 04 Apr Tue 05 Apr Wed 06 Apr 08301000 2B Extension (South) ECO-2303 International Trade Development Strategy 10151145 2B Extension (South) ECO-2302 Demand for Money 12001330 2A South Porch ECO-2303 International Trade Development Strategy 13451515 15301700 10151145 13451515 15301700 13451515 15301700 Theory and Anashua Ananga Sabrina Shareef Badhan Theory and Anashua Ananga 2A Extension (South) ECO-2302 Creation and Supply of Money Sabrina Shareef Badhan 2B Extension (South) Extension (South) Extension (South) ECO-2305 Case Study Competition (group) Dr. Reazul Haque ECO-2305 Case Study Competition (group) Dr. Reazul Haque ECO-2304 Commercial Banking Dr. Mohammed Abu Misir 2A 2B South Porch ECO-2303 International Trade Development Strategy 2B Extension (South) ECO-2304 Commercial Banking Concept of returns to scale Explaining free trade Criticism of the theory Difference in endowments Technology level 1. 2. 3. 4. 1. 2. 3. 4. Functions of Money Concept of Demand for money Quantity Theory of Money Velocity of money Explaining free trade Criticism of the theory Difference in endowments Technology level Students assemble at BUP Bijoy Auditorium at 1330hours Case Study by FSSS 2A 4. 1. 2. 3. 4. Theory and Anashua Ananga Dr. Mohammed Abu Misir 33 1. 2. 3. 4. Measures of Money Creation of money Instruments of monetary control Central Bank and Credibility of Monetary Policy 1. 2. 3. 4. Commercial Banking Functions of commercial banks Types of Commercial Banking Credit Creation 1. 2. 3. 4. Role of Governance Strategies of Economic Development Traditional strategies Promotion of export 1. 2. 3. 4. Commercial Banking Functions of commercial banks Types of Commercial Banking Credit Creation Thu 07 Apr Role of Governance Strategies of Economic Development Traditional strategies Promotion of export Sabrina Shareef Badhan 1. 2. 3. 4. Interest Elasticity of Money Money Supply in static model Real World Examples CT Rubaiyat Mahjabeen 1. Two important things revealed by a profitmaximizing firm Concept of WAPM Interpretation of WAPM by using equation Construction of a possible technology Interpretation of profit maximization in the long run Concept of inverse factor demand curve Graphical representation of inverse factor demand curve Concept of returns to scale Measures of Money Creation of money Instruments of monetary control Central Bank and Credibility of Monetary Policy South Porch ECO-2303 International Trade Development Strategy 08301000 2A Extension (South) ECO-2302 10151145 2B Extension (South) ECO-2301 Supply of Money Determinants of Money Supply- Interest Elasticity of money supply- Money Supply in the Static ModelCT-6 Weak Axiom of Profit Maximization CT 5 12001330 2A Extension (South) ECO-2301 Long-run profit maximization, Inverse factor demand curves, Relation of profit maximization with returns to scale Rubaiyat Mahjabeen 2B South Porch ECO-2302 Theory 1. 2. 3. 4. 2A Creation and Supply of Money and Anashua Ananga Sabrina Shareef Badhan 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. Week-15 Date Day Sun 10 Apr Time 13451515 Sec 2B Loc Extension (South) Course Code ECO-2305 Topic Faculty Non-Verbal Signals: Use of Hands, Smile, Dr. Reazul Haque Standing Still Vs Moving around, Position, and Mannerism: e.g., Coughing, Confidence 34 Remarks/Points of Discussion 1. Presentation on use of hands 2. Use of smile in presentation 3. Use of right posture 4. Use of right gesture Assign Analytical - 2 2A South Porch ECO-2301 Weak Axiom of Profit Maximization CT 5 2A Extension (South) ECO-2305 2B South Porch ECO-2301 Non-Verbal Signals: Use of Hands, Smile, Dr. Reazul Haque Standing Still Vs Moving around, Position, and Mannerism: e.g., Coughing, Confidence Cost Minimization: Concept of cost Rubaiyat minimization Mahjabeen 08301000 2B Extension (South) ECO-2303 10151145 2B Extension (South) 12001330 2A South Porch 15301700 Mon 11 Apr Tue 12 Apr ECO-2302 ECO-2303 International Trade Development Strategy and Anashua Ananga CT 5 Sabrina Shareef Supply of Money Determinants of Money Supply- Interest Badhan Elasticity of money supply- Money Supply in the Static ModelCT-6 International Trade Theory and Anashua Ananga Development Strategy 13451515 2B Extension (South) ECO-2304 CT 5 Commercial Banking 15301700 2A Extension (South) ECO-2304 2A Extension (South) 2B Extension 10151145 1345- Theory Rubaiyat Mahjabeen 1. Two important things revealed by a profitmaximizing firm 2. Concept of WAPM 3. Interpretation of WAPM by using equation 4. Construction of a possible technology 1. Presentation on use of hands 2. Use of smile in presentation 3. Use of right posture 4. Use of right gesture Assign Analytical - 2 1. 2. 3. 4. Cost function Concept of isocost lines Deriving equation of isocost lines Graphical representation of cost minimization 1. 2. 3. 4. Primary-Commodity Export Expansion Expansion of Export Trade deficits Practical examples 1. 2. 3. 4. Interest Elasticity of Money Money Supply in static model Real World Examples CT 1. 2. 3. 4. Primary-Commodity Export Expansion Expansion of Export Trade deficits Practical examples Dr. Mohammed Abu Misir Commercial Banking Operation in Bangladesh. Commercial Banking Dr. Mohammed Abu Misir Commercial Banking Operation in Bangladesh. ECO-2302 Monetary and Fiscal Policy Sabrina Shareef Badhan 1. 2. 3. 4. Monetary policy and central banks role Fiscal Policy and the government Expansionary policies Drawbacks ECO-2305 Cross Cultural Presentation Dr. Reazul Haque 1. 2. Presentation on Cultural barriers Values and thought pattern 35 1515 Wed 13 Apr (South) 15301700 2A Extension (South) ECO-2305 Cross Cultural Presentation Dr. Reazul Haque 13451515 2A Extension (South) ECO-2304 Negotiable Instruments Dr. Mohammed Abu Misir 2B South Porch ECO-2303 International Trade Theory and Development Strategy Anashua Ananga 2B Extension (South) ECO-2304 Negotiable Instruments Dr. Mohammed Abu Misir 2A South Porch ECO-2303 International Trade Theory and Development Strategy Anashua Ananga 15301700 Thu 14 Apr 1000 hours Sat 16 Apr 08301000 12001330 2A Extension (South) South Porch ECO-2301 ECO-2301 Revealed cost minimization, Returns to scale and the cost function Cost Minimization: Concept of cost minimization Week-16 36 Perceptions and Misperceptions and Cultural shock Presentation on Cultural barriers Values and thought pattern Perceptions and Misperceptions and Cultural shock Cheque Bill of exchange Promissory Note Endorsement Substitution of Import Tariffs and infant industries IS industrialization strategies The nominal rate of protection Cheque Bill of exchange Promissory Note Endorsement 1. Substitution of Import 2. Tariffs and infant industries 3. IS industrialization strategies 4. The nominal rate of protection Venue: BUP Ground; Students assemble at 0945 hours at BUP Campus (Befitting Boishakhi Dress) PohelaBoishakh (BoishakhiMela) 2B 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. Rubaiyat Mahjabeen 1. 2. Rubaiyat Mahjabeen 3. 4. 1. 2. 3. 4. Interpretation of WACM by using equation Implication of increasing, decreasing and constant returns to scale Concept of average cost and average cost curve Average cost function Cost function Concept of isocost lines Deriving equation of isocost lines Graphical representation of cost minimization Date Day Sun 17 Apr Mon 18 Apr Course Code Time Sec Loc 13451515 2B Extension (South) ECO-2305 2A South Porch Faculty Remarks/Points of Discussion How to handle question-and-answer session Dr. Reazul Haque ECO-2301 Revealed cost minimization, Returns to scale and the cost function Rubaiyat Mahjabeen Extension (South) ECO-2305 How to handle question-and-answer session Dr. Reazul Haque 2B South Porch ECO-2301 Long-run and short-run costs,Fixed,Quasi-fixed costs and sunk costs CT 6 Rubaiyat Mahjabeen 1. Assessing Different types of questions 2. How to obtain leverage 3. How to take questions 4. Customer as audience Submission of Term Paper 1. Interpretation of WACM by using equation 2. Implication of increasing, decreasing and constant returns to scale 3. Concept of average cost and average cost curve 4. Average cost function 1. Assessing Different types of questions 2. How to obtain leverage 3. How to take questions 4. Customer as audience Submission of Term Paper 1. Short-run cost function 2. Long-run cost function 3. Concept of fixed and quasi-fixed costs 4. Interpretation of sunk costs 2A 08301000 2B Extension (South) ECO-2303 International Trade Theory and Development Strategy Anashua Ananga 10151145 2B Extension (South) ECO-2302 Real World Undertaken 15301700 Topic Examples of Policies Sabrina Shareef Badhan 1. 2. 3. 4. 1. 2. 3. 4. Exchange controls Illustrating Exchange rate scenarios Dual exchange rates Trade optimism & pessimism Government policies of LDCs Policies undertaken by developed nations Comparing policies between developed countries and that of LDCs Students will be asked to provide some data and information on these policies Exchange controls Illustrating Exchange rate scenarios Dual exchange rates Trade optimism & pessimism 12001330 2A South Porch ECO-2303 International Trade Theory and Development Strategy Anashua Ananga 1. 2. 3. 4. 13451515 2B Extension (South) ECO-2304 Economic Analysis of Banking Regulation Dr. Mohammed Abu Misir Asymmetric Information and Bank Regulation 1530- 2A Extension ECO-2304 Economic Analysis of Banking Regulation Dr. Mohammed Asymmetric Information and Bank Regulation 37 1700 Tue 19 Apr Wed 20 Apr (South) 10151145 2A Extension (South) ECO-2302 Exchange Rate Revision Sabrina Shareef Badhan 13451515 2B Extension (South) ECO-2305 Respond professionally to questions from the audience Dr. Reazul Haque 15301700 2A Extension (South) ECO-2305 Respond professionally to questions from the audience Dr. Reazul Haque 13451515 2A Extension (South) South Porch ECO-2304 Economic Analysis of Banking Regulation ECO-2303 International Trade Theory and Development Strategy Dr. Mohammed Abu Misir Anashua Ananga Extension (South) South Porch ECO-2304 Economic Analysis of Banking Regulation ECO-2303 International Trade Theory and Development Strategy 2B 15301700 2B 2A Thu 21 Apr Abu Misir Dr. Mohammed Abu Misir Anashua Ananga 08301000 2A Extension (South) ECO-2302 Exchange Rate and Trade Sabrina Shareef Badhan 10151145 2B Extension (South) ECO-2301 Average costs, Marginal costs Rubaiyat Mahjabeen 12001330 2A Extension (South) ECO-2301 Long-run and short-run costs,Fixed,Quasi-fixed costs and sunk costs CT 6 Rubaiyat Mahjabeen 38 1. Appreciation and Depreciation 2. Balance of Payments 3. Trade and exchange rate policy 4. Q/A 1. How to reframe question 2. Use of leading question 3. Use of repeating question 4. Ways to answer questions 1. How to reframe question 2. Use of leading question 3. Use of repeating question 4. Ways to answer questions Banking Sector Reform in Bangladesh. CT-6 1. Industrialization strategies 2. Discussing South-South Trade 3. Economic Integration practices 4. Practical examples Banking Sector Reform in Bangladesh. CT-6 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. 1. 2. 3. 4. Industrialization strategies Discussing South-South Trade Economic Integration practices Practical examples Appreciation and Depreciation Balance of Payments Trade and exchange rate policy Q/A Average variable costfunction Average fixed cost function Construction of the average cost curve Concept of marginal cost curve and its graphical representation Short-run cost function Long-run cost function Concept of fixed and quasi-fixed costs Interpretation of sunk costs 2B South Porch ECO-2302 Investment Spending Sabrina Shareef Badhan 1. 2. 3. 4. Gross and Net Investment Inventory Investment IS-LM model with investment Relationship between investment and savings Week-17 Date Day Sun 24 Apr Sec Loc 13451515 2B Extension (South) ECO-2305 Presentations Do’s and Don’ts Dr. Reazul Haque Discussions on different Do’s and don’ts Submission of Analytical - 2 2A South Porch ECO-2301 Average costs, Marginal costs Rubaiyat Mahjabeen 1. 2. 3. 4. 2A Extension (South) South Porch ECO-2305 Presentations Do’s and Don’ts Dr. Reazul Haque ECO-2301 Relationship between marginal costs and variable costs, Long-run costs Rubaiyat Mahjabeen 15301700 2B Mon 25 Apr Course Code Time 08301000 2B Extension (South) ECO-2303 Topic International Trade Theory and Development Strategy Faculty Anashua Ananga CT 6 10151145 2B Extension (South) 12001330 2A South Porch ECO-2302 ECO-2303 Case Study and IS-LM recap Sabrina Shareef Badhan International Trade Theory and Development Strategy Anashua Ananga 39 Remarks/Points of Discussion Average variable cost function Average fixed cost function Construction of the average cost curve Concept of marginal cost curve and its graphical representation Discussions on different Do’s and don’ts Submission of Analytical - 2 1. 2. 3. 4. Concept of variable cost and marginal cost Graphical representation of marginal cost and variable costs Concept of long-run Interpretation of long-run costs Trade blocs and globalization Trade policies in the context of Developed nations Protectionist pressures Cross-country instances 1. 2. 3. 4. 1. 2. Diagrammatic representation Equilibrium Government Policy Q/A Trade blocs and globalization Trade policies in the context of Developed 3. 4. 1. 2. CT 6 Tue 26 Apr Wed 27 Apr nations Protectionist pressures Cross-country instances 13451515 2B Extension (South) ECO-2304 Financial Derivatives Dr. Mohammed Abu Misir 1. 2. Basic Concepts Interest Forward Contracts 15301700 2A Extension (South) ECO-2304 Financial Derivatives Dr. Mohammed Abu Misir 1. 2. Basic Concepts Interest Forward Contracts 10151145 13451515 15301700 13451515 2A Extension (South) Extension (South) Extension (South) Extension (South) ECO-2302 Case Study ECO-2305 Group Discussion on given Topic Sabrina Shareef Badhan Dr. Reazul Haque ECO-2305 Group Discussion on given Topic Dr. Reazul Haque Discussions on different Do’s and don’ts Submission of Analytical - 2 ECO-2304 Financial Derivatives Dr. Mohammed Abu Misir 1. 2. 3. 4. Financial Futures markets; Option Contracts Interest Rate Swaps Q/A ECO-2303 Presentation Anashua Ananga ECO-2304 Financial Derivatives Dr. Mohammed Abu Misir 1. 2. 3. 4. Financial Futures markets; Option Contracts Interest Rate Swaps Q/A ECO-2303 Presentation Anashua Ananga 1. 2. 3. 4. 1. Diagrammatic representation Equilibrium Government Policy Q/A Graphical representation of the tangency point of short-run average cost curve and long-run average cost curve Graphically representing that the long-run average cost curve is the envelope of the shortrun average cost curves Graphical representation of discrete levels of plant size Graphical representation of long-run marginal 2B 2A 2A 2B 15301700 South Porch 2B 2A Thu 28 Apr 3. 4. Extension (South) South Porch 08301000 2A Extension (South) ECO-2302 IS-LM recap Sabrina Shareef Badhan 10151145 2B Extension (South) ECO-2301 Long-run costs, Discrete levels of plant size, Long-run marginal costs Rubaiyat Mahjabeen Discussions on different Do’s and don’ts Submission of Analytical - 2 2. 3. 4. 40 costs 12001330 13451515 15301700 Bijoy Auditorium: Students assemble by 1150 hours (BUP Dress Code) SEMINAR 3 Week-18 Date Day Time Sec Loc Course Code Topic Sun 01 May Mon 083002M 1000 ay 10151145 12001330 13451515 15301700 Tue 101503M 1145 ay 13451515 15301700 Faculty Remarks/Points of Discussion May Day 2B 2B 2A 2B 2A 2A 2B 2A Extension (South) Extension (South) South Porch ECO-2303 Presentation Anashua Ananga ECO-2302 Presentation ECO-2303 Presentation Sabrina Shareef Badhan Anashua Ananga Extension (South) Extension (South) Extension (South) Extension (South) Extension (South) ECO-2304 Presentation ECO-2304 Presentation ECO-2302 Presentation ECO-2305 Debate Competition Dr. Mohammed Abu Misir Dr. Mohammed Abu Misir Sabrina Shareef Badhan Dr. Reazul Haque ECO-2305 Debate Competition Dr. Reazul Haque 41 Students will be divided into number of teams CT - 6 Students will be divided into number of teams CT - 6 Wed 134504M 1515 ay 2A Extension (South) ECO-2304 Presentation Dr. Mohammed Abu Misir 2B South Porch ECO-2303 Presentation Anashua Ananga 15301700 2B Extension (South) South Porch ECO-2304 Presentation ECO-2303 Presentation Dr. Mohammed Abu Misir Anashua Ananga 2A Thu 05 May Shob-E-Meraj Week-19 Date Day Sun 08 May Sec Loc 13451515 2B Extension (South) ECO-2305 Debate Competition Dr. Reazul Haque Students will be divided into number of teams 2A South Porch ECO-2301 Relationship between marginal costs and variable costs, Long-run costs Rubaiyat Mahjabeen 1. 2. 2A Extension (South) South Porch ECO-2305 Debate Competition Dr. Reazul Haque ECO-2301 Presentation Rubaiyat Mahjabeen Extension (South) Extension (South) South Porch ECO-2303 Presentation Anashua Ananga ECO-2302 Presentation ECO-2303 Presentation Sabrina Shareef Badhan Anashua Ananga 15301700 2B Mon 09 May Course Code Time 08301000 10151145 1200- 2B 2B 2A Topic 42 Faculty Remarks/Points of Discussion Concept of variable cost and marginal cost Graphical representation of marginal cost and variable costs 3. Concept of long-run 4. Interpretation of long-run costs Students will be divided into number of teams 1330 13451515 Tue 10 May Wed 11 May 15301700 10151145 13451515 15301700 13451515 2B Extension (South) ECO-2304 Presentation Dr. Mohammed Abu Misir 2A Extension (South) Extension (South) Extension (South) Extension (South) Extension (South) South Porch ECO-2304 Presentation ECO-2302 Presentation ECO-2305 Presentation Dr. Mohammed Abu Misir Sabrina Shareef Badhan Dr. Reazul Haque ECO-2305 Presentation Dr. Reazul Haque ECO-2304 Presentation ECO-2301 Presentation Extension (South) South Porch ECO-2304 Presentation ECO-2301 Presentation Dr. Mohammed Abu Misir Rubaiyat Mahjabeen Dr. Mohammed Abu Misir Rubaiyat Mahjabeen Extension (South) Extension (South) Extension (South) ECO-2302 Presentation ECO-2301 Presentation ECO-2301 Long-run costs, Discrete levels of plant size, Long-run marginal costs 2A 2B 2A 2A 2B 15301700 2B 2A Thu 12 May 08301000 10151145 12001330 2A 2B 2A Sabrina Shareef Badhan Rubaiyat Mahjabeen Rubaiyat Mahjabeen 1. 2. 3. 4. 2B South Porch ECO-2302 Presentation Sabrina Shareef Badhan 43 Graphical representation of the tangency point of short-run average cost curve and long-run average cost curve Graphically representing that the long-run average cost curve is the envelope of the shortrun average cost curves Graphical representation of discrete levels of plant size Graphical representation of long-run marginal costs Week-20 Date Day Sun 15 May Sec Loc 13451515 2B Extension (South) ECO-2305 2A South Porch ECO-2301 15301700 2A 2B Mon 16 May Tue 17 May Course Code Time Presentation Dr. Reazul Haque Presentation Rubaiyat Mahjabeen ECO-2305 Presentation Dr. Reazul Haque ECO-2301 Presentation Rubaiyat Mahjabeen ECO-2301 Presentation Rubaiyat Mahjabeen Presentation Sabrina Shareef Badhan Rubaiyat Mahjabeen 2B Extension (South) 10151145 12001330 2B Extension (South) South Porch 13451515 2B 15301700 10151145 2A 13451515 2B 2A Faculty Extension (South) South Porch 08301000 2A Topic ECO-2302 ECO-2301 Presentation Extension (South) ECO-2304 Presentation Dr. Mohammed Abu Misir Extension (South) Extension (South) ECO-2304 Presentation ECO-2302 Presentation Dr. Mohammed Abu Misir Sabrina Shareef Badhan Extension (South) ECO-2305 Presentation Dr. Reazul Haque 44 Remarks /Points of Discussion Wed 18 May Thu 19 May 15301700 13451515 2A Extension (South) Extension (South) ECO-2305 Presentation Dr. Reazul Haque ECO-2304 Presentation Dr. Mohammed Abu Misir 15301700 2B Extension (South) ECO-2304 Presentation Dr. Mohammed Abu Misir 08301000 10151145 2A Extension (South) Extension (South) ECO-2302 Presentation ECO-2301 Presentation Sabrina Shareef Badhan Rubaiyat Mahjabeen 12001330 2A Extension (South) South Porch ECO-2301 Presentation ECO-2302 Presentation 2A 2B 2B Sat 21 May Rubaiyat Mahjabeen Sabrina Shareef Badhan BuddhoPurnima Week-21 Date/Day 22 May/Sun Timings Sec Topic/Event Semester 1 Final Exam 23 May/Mon Shob-e-Barat 24 May/Tue Semester 1 Final Exam 25 May/Wed Semester 1 Final Exam 26 May/Thu Semester 1 Final Exam 45 Remarks 27 May/ Fri Weekend 28 May/Sat Semester 1 Final Exam Week-22 Date/Day Timings Sec Topic/Event Remarks Semester 1 Final Exam 29May/Sun 30May/Mon Semester 1 Final Exam 31 May/Tue 1200 A&B Seminar 4 Bijoy Auditorium; Students will assemble at 1150 hours (BUP Dress Code) 01Jun/Wed Semester 1 Final Exam 02 Jun/Thu 03 Jun/Fri 04 Jun/Sat Semester 1 Final Exam Weekend Weekend 1000 BUP Raising Day Rally A&B 05 Jun/Sun 1400 Cultural Program 06 Jun/Mon BUP Holiday on Account of Raising Day 07 Jun/Tue --17 Jun/Fri Semester Final Leave 18 Jun/Sat Borsho Boron 46 Students will assemble at 0945 hours at BUP Campus (BUP T-shirt) Students will assemble at 1345 hours at BUP Campus (BUP T-shirt) Annex- A Faculty of Arts and Social Sciences (FASS) Course Outline Course Title:- Intermediate Microeconomics( ECO2301) Course Description This course provides an analysis of the way in which the market system functions as a mechanism for coordinating the independent choices of individual economic agents. It develops a basis for evaluating the efficiency and equity implications of competition and other market structures, and a perspective on the appropriate role of government. Included are the study of consumer choice, production and cost, market structure, and market failure. Given the emphasis on applications in Principles of Microeconomics, Intermediate Microeconomics –I will put more emphasis on the mastery of theoretical concepts and analytical tools, although their application to real world problems remains an important part of the course Course Objectives At the end of the course you should be able to: 47 understand intermediate microeconomic facts, concepts, theories and methods; establish a relationship between these theories and concepts; apply theory to actual situations; analyze a given issue, theme or phenomenon from several perspectives; develop appropriate strategies to study specific cases; demonstrate awareness of the contribution of informed , concerned, active citizenship, both locally and globally; draw and interpret graphs relevant to this course; correctly interpret the news, newspaper articles and the various quantitative data relevant to microeconomics; use equations to solve for equilibrium levels of price and quantity; employ critical thinking at a college level; develop evidence-based arguments; identify microeconomic-based problems and formulate appropriate questions; analyze text/data; synthesize text/data, demonstrating awareness of various perspectives; o) evaluate text/data; 48 use computers to find information relevant to the course; establish links between economics and other social science and commerce disciplines. Required Text and Materials: 1. Hal. R. Varian, Intermediate Microeconomics, 6th edition 2. Paul A. Samuelson, Economics, 18th edition Grading System Letter grades are used to evaluate the performance of a student in a course. The following grading system is currently followed for performance evaluation of the students: Numerical Grade Grade Point Letter Grade 80% and above A+ (A Plus) 4.00 75% to < 80% A (A Regular) 3.75 70% to < 75% A- (A Minus) 3.50 65% to < 70% B+ (B Plus) 3.25 60% to < 65% B (B Regular) 3.00 55% to < 60% B- (B Minus) 2.75 50% to < 55% C+ (C Plus) 2.50 45% to < 50% C (C Regular) 2.25 40% to < 45% D 2.00 < 40% F 0.00 --------------------- I Incomplete 49 --------------------- W Withdrawn Assessment System.The assessment system is as under: Events Weightage Semester Final Exam 35% Midterm Exam 15% Class Tests (Total Six) 12% Term Paper (Individual) Including Presentation 10% Assignments and Case Studies (Individual/Group) Including Presentation 10% Regular Class Participation and Presentation 05% Class Attendance 10% Attitude/Conduct/Manners 03% Total 100% 50 Details of the course Week Lecture Topics 1 1 Orientation with Students; Importance of Studying Microeconomics 2 Topics on Consumer and Producer Theory: Budget Constraint: Idea of budget constraint, Composite Goods, Properties of the budget set, Changes in the Budget Line 2 3 4 5 6 3 The Numeraire, Applications: taxes, Subsidies and Rationing 4 Preferences and Utility:Consumer Preferences, Assumptions about preferences, Indifference curves, Examples of preferences, Perfect substitutes, Perfect complements 5 Bads, Neutrals, Satiation, Well-behaved preferences (includes non-convex preferences) 6 The marginal rate of substitution , Other interpretations of the MRS, Idea of the utility function 7 Constructing a utility function, Examples of utility functions: Perfect substitutes 8 Examples of utility functions:Perfect complements , Quasilinear preferences, Cobb-Douglas preferences, Marginal utility and MRS 9 Choice: Optimal choice, Consumer demand, Examples: perfect substitutes 10 Perfect complements , Neutrals and bads, Discrete goods, Concave preferences, CobbDouglas preferences, Income tax versus quantity tax 11 Demand: Normal and inferior goods, Income offer curves and Engel curves, Ordinary goods and the Giffen goods 51 Remarks 7 8 12 Price offer curve and the Demand curve, Examples of demand curves: Perfect substitutes and complements 13 Substitutes and complements, Inverse demand function, Revealed Preference: Idea of revealed preference, Principle of Revealed Preference 14 Recovering preferences, Weak Axiom of Revealed Preference, Checking WARP 15 Strong Axiom of Revealed Preference, Checking SARP, Slutsky Equation: The Substitution Effect 16 The Income Effect, Sign of the substitution effect, Total change in demand , The law of demand Midterm Exam 9 10 11 12 13 17 Hicks substitution effect, Compensated demand curves 18 Consumer’s Surplus:Interpretation of consumer’s surplus 19 Interpreting the change in consumer’s surplus, Compensating and equivalent variations, Producer’s surplus 20 Technology: Inputs and outputs, Technological constraints, Examples of technology: Fixed proportions, Perfect substitutes, Cobb-Douglas, Properties of technology : Monotonicity and convexity 21 Marginal product, Technical rate of substitution 22 Diminishing marginal product, Diminishing TRS, The long run and the short run, Returns to scale 23 Profit Maximization: Idea of profit, Organizational structure of firms, Fixed and variable factors, Shortrun profit maximization 24 Long-run profit maximization 25 Inverse factor demand curves, Relation of profit maximization with returns to scale 26 Weak Axiom of Profit Maximization 52 14 15 16 27 Cost Minimization: Concept of cost minimization 28 Revealed cost minimization, Returns to scale and the cost function 29 Long-run and short-run costs,Fixed,Quasi-fixed costs and sunk costs 30 Average costs, Marginal costs 31 Relationship between marginal costs and variable costs, Long-run costs 32 Long-run costs, Discrete levels of plant size, Long-run marginal costs Course Outline on Intermediate Macroeconomics (ECO2302) Week Lecture 1 1 2 2 3 4 3 5 6 4 5 7 Topics Introducing; Course outline and other aspects of the course. Macroeconomics: Concepts and Methods Nature of Macroeconomic Analysis- Macro Foundation of Macroeconomics- Methods of MacroeconomicsMacroeconomics: Concepts and Methods some important concepts- Stock and Flow Variables- Comparative Statics and Dynamics- Stationary, flow and moving equilibrium, Stability of equilibrium- Aggregation problem. An Overview of AD-AS Model Factors determining AD and AS- AD curve and AS curve implied by the Classical and Keynesian views An Overview of AD-AS Model Explanation of level of income or output- Its function and growth An Overview of AD-AS Model AD policy under alternative AS situations- Supply Side Economics. 8 The IS-LM Framework: Concept and derivation of IS and LM functions; IS and LM curves in two, three and four sector economy The IS-LM Framework General equilibrium; Shifts in the IS and LM curves and their impacts; 9 The IS-LM Framework: Elasticity of IS and LM curves and the effectiveness of monetary and fiscal policy. 53 6 7 8 10 Demand Side Economics: Concept of aggregate demand; Consumption demand; Income hypotheses - absolute, relative, permanent and lifecycle; 11 12 Demand Side Economics: Reconciling the short run and long run relationships; Investment spending; Accelerator model of investment. Demand Side Equilibrium Simple Keynesian Income Determination Model- The Concept of Multiplier 13 Inflation and Unemployment: Concept; Trade off between inflation and unemployment; Philips curve; 14 Inflation and Unemployment Concept of expected inflation; Rational expectation hypothesis; Short run and long run Philips curve; Inflation and Unemployment: Adjustment to monetary and fiscal expansion; Interest rate and inflation; Fisher’s equation; Causes of inflation; Inflation and Unemployment: Alternative strategies to reduce inflation; Costs of inflation and unemployment; Natural rate of unemployment. 15 16 9 17 Review Class 18 19 Midterm Examination 10 20 Labour Market: Demand and Supply in the Labour Market Equilibrium in the Labour Market- Equilibrium unemployment. 21 Investment PV criterion and MEI- Desired Capital Stock- Capital Stock Adjustment 22 Investment Categories of investment- Investment demand and output growth- The q-Theory of investment-. 23 Investment Investment demand and output growth- The q-Theory of investment- The user Cost and Liquidity EffectsLags in investment demand- Impact of monetary and fiscal policy. 24 Demand for MoneyMotives for monetary expansion- Regressive Expectations Model- The Portfolio Balance Approach- 25 . Demand for Money Interest Rate Sensitivity of Transaction Demand for Money- Square Root formula of BaumolTobin Model- 11 12 13 Labour Market: Demand and Supply in the Labour Market The simple depression model- The demand for labour and the Supply of labour- 54 14 15 16 26 .Demand for Money Money as consumer good and producer good- Income and Interest Elasticity of Demand for Money. 27 Supply of Money Instruments of monetary expansion- Money Multiplier 28 Supply of Money Determinants of Money Supply- Interest - 29 Supply of Money Intermediate targets and the Optimal Choice of monetary policy (William Poole, 1970). 30 Supply of Money Elasticity of money supply- Money Supply in the Static Model 31 Monetary and Fiscal Policy on extended AD-AS Model The Effectiveness of AD Policy- Monetarists, 32 Monetary and Fiscal Policy on extended AD-AS Model Fiscals, and the New Classicals. Course Outline : Development Economics -I GENERAL COURSE POLICIES ATTENDANCE: Attendance in class is mandatory. No absence is allowed with prior permission. Any absence results in reduction of marks. COURSE SYLLABUS: Instructor reserves the right to make necessary changes in the course content depending on the progress of the class. TEACHING APPROACH & CLASS ACTIVITIES:Visual aid like Multimedia will be used to present lectures. The techniques of experiential learning like classroom exercises, role playing, group discussions team-based learning process, case studies, question and answer sessions, field work, practical research and report writing will be employed to increase students’ participation. Students are expected to be enthusiastically involved in the classroom activities and to put instant feedback toward the teacher. In addition, problem solving and on-line discussions through grooming will be highly appreciated CLASS TEST:Students will need to appear in 6 class tests. There will not be any make-up for any class test. CLASS MAKEUP: In case of unavoidable circumstances, if a course meeting, lecture or exam needs to be cancelled, a make-up class will be offered. All makeup classes will be held as per the reschedule suggested by the course teacher. 55 ASSIGNMENTS & RESEARCH REPORT: Must be submitted within stipulated time frame. No late submissions will be entertained. ACADEMIC HONESTY:Any academic misconduct will be dealt according to the provisions of the students' code of conduct. PLAGIARISM: No form of plagiarism will be allowed at any level of coursework. Such act will be considered as a disqualification of claiming marks/grades in any writing or presentation. Students must mention the name of the author or book reference to admire honor intellectual property rights. COURSE DESCRIPTION INTRODUCTION: COURSE MAJOR FOCUS The course unit aims to promote understanding of the concept of development, the various explanations of the causes of different levels of development and the potential contribution of development economics to the furtherance of economic development and poverty reduction in a global context. COURSE LEARNING OUTCOMES At the end of this module, a student should: • have developed an awareness of the characteristics of less-developed countries, and of the diversity amongst them; • be able to identify the economic problems facing developing countries; • be able to apply economic analysis to those problems and to formulate and evaluate possible policy responses. REQUIRED TEXTBOOK& OTHER MATERIALS 1. 2. 3. 4. M. P. Todaro and S. C. Smith: Economic Development 2003 M. Grillis, D. Wight, H. Perkins, M. Roemer and D. R. Snodgrass: Economics of Development, 1996 J. Robinson: Aspects of Development and Underdevelopment, 1979 P. Hill: Development Economics on Trial, Cambridge University Press, 1986 ASSESSMENT POLICY Students’ performance will be assessed in different ways where the indicators include class attendance, class tests, assignment & presentation, midterm and final examination (see the following distribution). Events Weightage Semester Final Exam Midterm Exam 35% 15% 56 Class Tests (Total Six) Term Paper (Individual) Including Presentation Assignments and Case Studies (Individual/Group) Including Presentation Regular Class Participation and Presentation Class Attendance Attitude/Conduct/Manners Total 57 12% 10% 10% 05% 10% 03% 100% Topics and Sub-topics Lec 3 1 Introducing Economic Development:A Global Perspective How the Other Half Live,Economics and Development Studies,The Nature of Development Economics, 1 Introducing Economic Development:A Global Perspective Why Study Development Economics-Some Critical Questions.Economies as Social Systems: The Need to Go Beyond Simple EconomicsWhat Do We Mean by Development?Traditional Economic MeasuresThe New Economic View of Development Lec-4 Lec-2 Lec-1 Orientation with Students, Importance of Studying Development Economics. 1 Introducing Economic Development:A Global Perspective AmartyaSen’s “Capability” ApproachDevelopment and HappinessThree Core Values of Development Lec-5 The Central Role of WomenThe Three Objectives of DevelopmentThe Millennium Development GoalsConclusions Lec-6 2 Comparative Economic Development Defining the Developing World Basic Indicators of Development: Real Income, Health, and EducationPurchasing Power Parity Indicators of Health and Education Lec-7 2 Comparative Economic Development Holistic Measures of Living Levels and Capabilities The Traditional Human Development Index The New Human Development Index Lec-8 1 Introducing Economic Development:A Global Perspective 2 Comparative Economic Development Characteristics of the Developing World: Diversity within Commonality LowerLevels of Living and Productivity Lower Levels of Human Capital Higher Levels of Inequality and Absolute Poverty Higher Population Growth Rates Greater Social Fractionalization Lec-10 Lec-9 2 Comparative Economic Development Larger Rural Populations but Rapid Rural-to-Urban Migration Lower Levels of Industrialization and Manufactured Exports Adverse Geography Underdeveloped Markets Lingering Colonial Impacts and Unequal International Relations 2 Comparative Economic Development The Historical Role of International MigrationThe Growth Stimulus of International Trade Basic Scientific and Technological Research and Development Capabilities Efficacy of Domestic Institutions Are Living Standards of Developing and Developed Nations Converging? 58 Lec-11 Lec12 Lec13 Lec-14 Lec- Lec-15 16 3 Classic Theories of Economic Growth and Development Classic Theories of Economic Development: Four Approaches Development as Growth and the Linear-Stages Theories Rostow’s Stages of Growth 3 Classic Theories of Economic Growth and Development The Harrod-Domar Growth Model Obstacles and Constraints Necessary versus Sufficient Conditions: Some Criticisms of the Stages Model 3 Classic Theories of Economic Growth and Development Structural-Change ModelsThe Lewis Theory of DevelopmentStructural Change and Patterns of Development 3 Classic Theories of Economic Growth and Development The International-Dependence Revolution The Neocolonial Dependence ModelThe False-Paradigm Model The DualisticDevelopment Thesis 3 Classic Theories of Economic Growth and Development The Neoclassical Counterrevolution: Market FundamentalismChallenging the Statist Model: Free Markets, Public Choice, and MarketFriendly ApproachesTraditional Neoclassical Growth TheoryClassic Theories of Development: Reconciling the Differences 3 Classic Theories of Economic Growth and Development Components of Economic Growth Lec-20 Lec-19 Lec18 Lec -17 Mid-term 3 Classic Theories of Economic Growth and DevelopmentThe Solow Neoclassical Growth Model 4 Contemporary Models of Development and Underdevelopment Underdevelopment as a Coordination Failure Multiple Equilibria: A Diagrammatic Approach 4 Contemporary Models of Development and Underdevelopment Starting Economic Development: The Big Push The Big Push: A Graphical Model 4 Contemporary Models of Development and Underdevelopment Other Cases in Which a Big Push May Be Necessary Why the Problem Cannot Be Solved by a Super-Entrepreneur 59 Lec-21 4 Contemporary Models of Development and Underdevelopment Further Problems of Multiple Equilibria 6 International Trade Theory and Development StrategyEconomic Globalization: An IntroductionInternational Trade: Some Key IssuesFive Basic Questions about Trade and Development Lec-25 6 International Trade Theory and Development Strategy The Critique of Traditional Free-Trade Theory in the Context ofDeveloping-Country ExperienceFixed Resources, Full Employment, and the International Immobility of Capital 6 International Trade Theory and Development Strategy The Absence of National Governments in Trading RelationsBalanced Trade and International Price Adjustments Lec-30 Importance of Exports to Different Developing NationsDemand Elasticities and Export Earnings Instability The Terms of Trade and the Prebisch-Singer Hypothesis 6 International Trade Theory and Development Strategy The Traditional Theory of International TradeComparative AdvantageRelative Factor Endowments and International Specialization: The Neoclassical ModelTrade Theory and Development: The Traditional Arguments Lec-26 6 International Trade Theory and Development Strategy Lec- Lec-28 Lec29 27 Lec24 ec23 L Lec-22 5 The Economics of Growth Kuznet’s six characteristics of modern economics growth 6 International Trade Theory and Development Strategy Export Promotion: Looking Outward and Seeing Trade BarriersExpanding Exports of Manufactured Goods 6 International Trade Theory and Development Strategy Import Substitution: Looking Inward but Still Paying Outward The IS Industrialization Strategy and Results 6 International Trade Theory and Development StrategyForeign-Exchange Rates, Exchange Controls, and the DevaluationDecisionTrade Optimists and Trade Pessimists: Summarizing the Traditional Debate 60 Lec-31 6 International Trade Theory and Development Strategy The Industrialization Strategy Approach to Export PolicySouth-South Trade and Economic Integration Economic Integration: Theory and Practice Lec-32 6 International Trade Theory and Development Strategy Regional Trading Blocs and the Globalization of Trade Trade Policies of Developed Countries: The Need for Reform and Resistance to New Protectionist Pressures COURSE OUTLINE ON Business and Finance (ECO 2304) Department of Economics Week Lecture 1 1 Introducing; Course outline and other aspects of the course. 2 Introduction to Corporate Finance: Corporate finance, the balance sheet model of the firm, 3 4 Introduction to Corporate Finance: capital structure corporate securities as contingent claims, the corporate firm, agency cost, set-of-contracts perspectives, Introduction to Corporate Finance: managerial goals, separation of ownership and control, financial markets. 5 Accounting Statements and Cash Flow: the balance sheet 6 Accounting Statements and Cash Flow: the income statement, financial cash flow. 7 9 Value and Capital Budgeting: the financial market economy, making consumption choices over time, the competitive market Value and Capital Budgeting: practicing the principle of lending and borrowing, investment decision, corporate investment decision. Net Present Value: Future value and compounding, present value and discounting, 10 Net Present Value: compounding periods, perpetuity, growing perpetuity, annuity, growing annuity 2 3 4 8 5 Topics 61 Remarks 6 11 12 7 8 9 10 11 12 13 14 13 How to Value and Stocks: pure discount and zero coupon bonds, interest rate and bond prices, yield to maturity, present value of common stocks, How to Value and Stocks: dividend vs capital gains, valuation of different types of stocks, practice of capital budgeting, estimation of parameters in the dividend-discount model, How to Value and Stocks: growth opportunities, the dividend-growth model and the NPVGO model and price-earnings ratio. 14 Some Alternative investment Rules: payback period rule, discounted payback period rule, 15 Some Alternative investment Rules: the average accounting return, the internal rate of return, the profitability index. 16 Risk and Return: Definition and Measurement using Probability Distribution 17 Review Class 18 Midterm Examination 19 Risk and Return: Risk and return of a Portfolio. The Capital Asset Pricing Model (CAPM). 20 Securities Market: Basic Concepts of Security Issuance-Initial Public offerings (IPO). 21 Securities Market: Classification: Market Participants; Bangladesh Context 22 Banking Firm & Management of Financial Institutions: Bank Balance Sheet and General Principle of Bank Management 23 Banking Firm & Management of Financial Institutions: Managing Credit Risk Off-Balance Sheet Activities; Financial Innovation. 24 Central Banking: Functions of Bangladesh Bank; Credit Control; 25 Central Banking: Instruments of Monetary Management. 26 Commercial Banking: Types of Commercial Banking; Credit Creation; 27 Commercial Banking: Commercial Banking Operation in Bangladesh. 28 Negotiable Instruments: Cheque; bill of exchange; Promissory Note; Endorsement 62 15 29 Economic Analysis of Banking Regulation: Asymmetric Information and Bank Regulation; 30 Economic Analysis of Banking Regulation: Banking Sector Reform in Bangladesh. . 16 31 Financial Derivatives: Basic Concepts; interest Forward Contracts 32 Financial Derivatives: Financial Futures markets; Option Contracts; Interest Rate Swaps. Bangladesh University of Professionals Faculty of Arts and Social Sciences Department of Economics Course Outline-2016 Presentation Skill Development (ECO 2305) Topic/Event Remarks / Discussion points Ice Breaking, Introduction and Self-Assessment, briefing on course outline, reference books and materials. Importance of Effective Presentation Skill in Business and Life 1. Student will introduce themselves 2. How to start a presentation or speech 3. Expectation from the course 4. Importance of presentation skill 1. Importance of Presentation in Corporate Life 2. Importance of Presentation in Social Life 3 Importance of Presentation in Personal Life 4. Experience of first presentation 5. Finding out Strength 6. Finding out Weakness 3. Importance of Video in skill development 4. Use of mentors Discussion/Video on Great Presenters/ Orators 63 Building essential vocabularies for effective written and oral presentation, Describing an event. Video analysis on World Championship on Public Speaking Understanding Different Presentation Situations (Classroom, presenting in competitions, presenting in front subordinates etc) Presentations on Impromptu Topic Presentations on Impromptu Topic Presentation on Physical Appearance, Outfit/Attire including Shoe/Belt/ Perfume Selection (both male and female) 1. Importance of Vocabularies 2. Describing any memorable/significant event/achievement 3. Making oral presentation on impromptu topic 4. Describing a situation 5. SWOT analysis on Presenters 6. Presentation by students 7. Background of competition 8. Discussion on toastmasters 1. Need for Adaptation 2. Presentation on assessment of the situation 3. Discussion on different competition 4. Preparation for public speaking 1. Topic will be given five minutes before commencement through lottery 1. Topic will be given five minutes before commencement through lottery 5. 6. Importance of physical appearance Importance of appropriate attire for particular presentation Describing one’s idol Challenges in following an idol 7. 8. Barriers/ Challenges of Effective Presentation and Use of Different Aids and Supporting Medias including Audio Visuals required for Presentation. 1. 2. 3. 4. Different challenges Presentations on use of different medias Head ling different aids Need for effective presentation 1. Practice : PPT preparation and presentation How to prepare efficient PPT slides? Story Telling, right humor, Figures, Diagrams for Presentations. Developing and Organizing information for presentation 64 1. Students will be asked to tell story of their choice 2. Describing an interesting experience 3. Describing a figure 4. Describing a data set/table 5. Importance of research 6. How to organize information 7. Use of Brain Storming Some Special tips for smart speech, Business Presentation, practicing through examples. 8. 5. 6. 7. 8. 5. 8. Need for effective delivery Use/ criticism of different tips Use/ criticism of different tools Tips on great opening How to close effectively Different techniques used for reducing shyness, Different techniques used for reducing stage phobia Different techniques used for reducing stress Speaker`s anxiety 5. 6. 7. 8. Eye contact Body language Gesture Posture 5. Importance of correct pronunciation in presentation Importance of voice Importance Modulation Importance of Art or Rhetoric 6. Ways to reduce Shyness, Stage Frightens, stress and speaker’s anxiety. Breathing, eye contact, Body Language, Applying Gesture and Posture 7. 6. 7. 8. Pronunciation, Pace, Voice, Modulation, Art of Rhetoric Submission of case study 1. Use of voice 2. Use of correct English 3. Potential misunderstanding of wrong English 4. Impact of bad voice on presentation Use of Voice/Vocal Variety and Correct English Assign Analytical 1 CT-4 (Midterm Examination) Case Study Competition (group) Case Study Competition (group) - Audience Analysis, how to keep audience involved including selecting right mode of presentation. 1. Need for audience analysis 2. Fitting message to audiences’ expectation 3. Mode of Presentation 4. Techniques of keeping audience involved Submission of Team Assignment 65 1. Presentation by students on selected topic following different style covered Different Style of Presentation Submission of Analytical - 1 1. Students will present on their mentors with rationale for their selection Use/Effects of Mentoring in Developing Presentation Skill 2. Personality Development Skill CT – 5 Use of Vibrant Videos and Amazing Audio 1. Non-Verbal Signals: Use of Hands, Smile, Standing Still Vs Moving around, Position, and Mannerism: e.g., Coughing, Confidence Students will be asked to criticize the video shown 1. Presentation on use of hands 2. Use of smile in presentation 3. Use of right posture 4. Use of right gesture Assign Analytical - 2 1. Presentation on Cultural barriers 2. Values and thought pattern 3. Perceptions and Misperceptions 4. Cultural shock Cross Cultural Presentation 1. Assessing Different types of questions 2. How to obtain leverage 3. How to take questions 4. Customer as audience How to handle question-and-answer session Submission of Term Paper 1. How to reframe question 2. Use of leading question 3. use of repeating question 4. Ways to answer questions effectively Respond professionally to questions from the audience 1. Discussions on different Do’s and don’ts Submission of Analytical - 2 1. Students will be divided into number of teams CT - 6 1. Students will be divided into number of teams Presentations Do’s and Don’ts Debate Competition Debate Competition 66 67
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