DEPARTMENT OF APPLIED AND REGIONAL ECONOMICS
Mahatma Jyotiba Phule Rohilkhand University, Bareilly-243006
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WELCOME NOTE
Dear students you are warmly welcome to the Department of Applied and Regional
Economics of MJPR University. You are our esteemed treasure and it is our greatest endeavor to
provide you a very congenial academic environment for your smooth and successful completion
of the course work and accompanied activities with inspirational results. We hope to provide you
the best possible friendly cooperation as well as commitment for your academic and intellectual
pursuits.
At a time of global competition when quality of learning matters the most we expect
maximum possible effort, engagement and involvement on your part toward your studies and
preparations for a glittering future. Only a focused approach can lead us to the desired
destination and we sincerely hope that throughout your stay here at the Department of Applied
and Regional Economics you will strengthen our faith and also that of yours in you. Must
remember that the academic pursuit of yours is the asset of humankind and the national and
international humanity await your services!
A very congenial student-teacher relationship is the tradition of the department. You can
come and consult your teachers freely and fearlessly whenever your pleasure allows you to have
interaction on any academic and intellectual problem.
Adherence to the academic schedule, attendance in classroom lectures, participation in
departmental activities and timely fulfillment of academic assignments is the minimum we hope
from you and any variance from the same will be unbearable. Also ragging and other behavioral
deviations will be extremely unpleasant for us to bear with. However group interaction and
collective activities in the interest of teaching-learning are highly promoted.
The course structure of our Master of Arts / Master of Philosophy programs and our way
of interaction are oriented towards academic as well as competitive examinations. Your course
and your faculty are of immense help for your preparations for reputed competitive examinations
like IAS, IES, PCS, corporate market, banking etc. apart from UGC JRF and NET.
This welcome-brochure provides you with an academic calendar, university list of
holidays, time-table, curriculum and other relevant information.
Let’s hope the best from all of us.
DEPARTMENT OF APPLIED AND REGIONAL ECONOMICS
Mahatma Jyotiba Phule Rohilkhand University, Bareilly-243006
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TENTATIVE CALENDAR OF ACADEMIC ACTIVITIES SESSION 2015-16
[A]: COURSE M. A. SEMESTER 1
Sr.
No.
1
2
3
4
5
6
7
8
Activity
Tentative Dates
Maximum
Marks
4th week of
August 2015
Allotment of Internal Assignments on each paper
1st week of 10 marks in each
(topics to be mutually decided by the concerned teacher September 2015 paper
and the students)
Submission of these assignments
Latest by 3rd
week
of
November 2015
Allotment of topics for practical/field Survey
2nd week of 100 marks
(to be mutually decided by the concerned teacher and September 2015
the students)
Submission of practical/field work report
Latest by 3rd
week
of
Class room Presentation of and open discussion on November 2015
practical/ field work report
4th week of
November 2015
1st Unit Tests in each paper;
14, 15, 16, 17 10 marks in each
(Syllabus units 1, 2 and 3 subject to concerned teacher’s October 2015
paper
opinion)
2nd Unit Tests in each paper;
17, 18, 19, 20 10 marks in each
(Syllabus units 4, 5 and 6 subject to concerned teacher’s November 2015 paper
opinion)
Make up unit tests (optional)
8, 9, 10, 11 Maximum marks
(Syllabus units 7 and 8 subject to concerned teacher’s December 2015 of
internal
opinion)
assessment in
Note:
each paper
1. Make-up unit tests are a sort of supplementary
=30 marks.
tests to make up for loss of marks or loss of
attempt at either unit tests 1 or 2.
[0ne Assignment
2. Make-up unit tests can compensate only for one
10 marks + two
loss of attempt at either unit tests.
UTs of 10 marks
3. A student who failed to take both unit tests 1
each]
and 2 will be at a permanent loss of marks of one
unit test/tests (10 marks for each absented
paper) even after taking a make-up test.
Semester end examinations
18, 20, 22, 24 70 marks in each
Note: any reasonable request for change/suggestion of December 2015 paper
date(s) of semester end exams will be entertained only
one month prior to the commencement of the exams.
Commencement of classes of semester 2
1st week of
January 2016
Commencement of classes
DEPARTMENT OF APPLIED AND REGIONAL ECONOMICS
Mahatma Jyotiba Phule Rohilkhand University, Bareilly-243006
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TENTATIVE CALENDAR OF ACADEMIC ACTIVITIES SESSION 2015-16
[B]: COURSE M. A. SEMESTER 2
Sr.
No.
1
2
3
4
5
6
7
Activity
Tentative Dates
Maximum
Marks
1st
week of
January 2016
Allotment of Internal Assignments on each paper
2nd
week of 10 marks in each
(topics to be mutually decided by the concerned teacher January 2016
paper
and the students)
Submission of these assignments
Latest by 3rd
week of March
2016
Allotment of topics for Term Paper / Dissertation
2nd week of 100 marks
(to be mutually decided by the concerned teacher and January 2016
the students)
Submission of Term Paper / Dissertation
Latest by 3rd
week of March
2016
Class room Presentation of and open discussion on Term 4th week of
Paper / Dissertation
March 2016
1st Unit Tests in each paper;
2nd
week of 10 marks in each
(Syllabus units 1, 2 and 3 subject to concerned teacher’s February 2016
paper
opinion)
2nd Unit Tests in each paper;
2nd week of 10 marks in each
(Syllabus units 4, 5 and 6 subject to concerned teacher’s March 2016
paper
opinion)
Make up unit tests (optional)
2nd week of April Maximum marks
(Syllabus units 7 and 8 subject to concerned teacher’s 2016
of
internal
opinion)
assessment in
Note:
each paper
1. Make-up unit tests are a sort of supplementary
=30 marks.
tests to make up for loss of marks or loss of
attempt at either unit tests 1 or 2.
[0ne Assignment
2. Make-up unit tests can compensate only for one
10 marks + two
loss of attempt at either unit tests.
UTs of 10 marks
3. A student who failed to take both unit tests 1
each]
and 2 will be at a permanent loss of marks of one
unit test/tests (10 marks for each absented
paper) even after taking a make-up test.
Semester end examinations
3rd / 4th weeks of 70 marks in each
Note: any request for change/suggestion of date(s) of April & 1st week paper
semester end exams will be entertained only one month of May 2016
prior to the commencement of the exams.
Commencement of classes
DEPARTMENT OF APPLIED AND REGIONAL ECONOMICS
Mahatma Jyotiba Phule Rohilkhand University, Bareilly-243006
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TIME TABLE SESSION 2015-16
M.A. (A. & R. Economics) Semester I
Period
Time
Monday to
Saturday
Period 1
10:30-11:30
Micro
Economics
(I)
S. Dhawan
Period 2
11:30-12:30
Evolution of
Economic
Philosophy
and Thought
(I)
M. I. Khan
Period 3
12:30-1:30
Quantitative
Methods in
App. & Reg.
Economics
R. N.
Gangwar
Period 4
1:30-2:30
Public
Economics
Period 5
2:30-3:00
Practical /
Field work
J. Rajput
M. K. Singh
S. Dhawan
M. I. Khan
Period 6
3:00-3:30
Tutorial
M. Rohela
J. Rajput
Shinsupa
R. N. Gangwar
M.A. (A. & R. Economics) Semester II
Period
Time
Monday to
Saturday
Period 1
10:30-11:30
Micro
Economics
(II)
S. Dhawan
Period 2
11:30-12:30
Evolution of
Economic
Philosophy
and
Thought (II)
M. I. Khan
Period 3
12:30-1:30
Monetary
Economics
Period 4
1:30-2:30
International
Economics
Period 5
2:30-3:00
Practical (Data
Analyses and
interpretation)
M. K. Singh
S. Dhawan
M. I. Khan
Period 6
3:00-3:30
Tutorial
M. Rohela
J. Rajput
Shinsupa
R. N.
Gangwar
DEPARTMENT OF APPLIED AND REGIONAL ECONOMICS
Mahatma Jyotiba Phule Rohilkhand University, Bareilly-243006
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[A}: List of Papers of M. A. Semester I
Paper
Nos.
1
Catch
Nos.
F1
Micro Economics (I)
2
F2
Evolution of Economic History and Thought (I)
3
F3
Public Economics
4
F4
Quantitative Methods in App. & Reg. Economics
5
Paper Title
Practical (Field Survey / Data Collection / Data Compilation)
Maximum
Marks (500)
30 internal + 70
external= 100
30 internal + 70
external= 100
30 internal + 70
external= 100
30 internal + 70
external= 100
100
internal
evaluation= 100
[Students will be assigned to a teacher (as well as internal
examiner) under whose guidance they will have to
collect/assemble economic information and data on a problem of
economic significance and prepare a report thereon which will be
presented and discussed in an open class-room session.]
[B]: List of Papers of M. A. Semester II
Paper
Nos.
6
Catch
Nos.
F5
Micro Economics (II)
7
F6
Evolution of Economic History and Thought (II)
8
F7
Monetary Economics
9
F8
International Economics
10
Paper Title
Practical (Data Analyses and Interpretation)
[Students will work under the guidance of the same teacher who
had supervised during semester 1. They will have to prepare a
comprehensive project on the data collected/assembled during
the last semester. It will be a detailed and analytical
interpretation of economic relevance. The project will be
presented and discussed in an open class-room session.]
Maximum
Marks (500)
30 internal + 70
external= 100
30 internal + 70
external= 100
30 internal + 70
external= 100
30 internal + 70
external= 100
100
internal
evaluation= 100
DEPARTMENT OF APPLIED AND REGIONAL ECONOMICS
Mahatma Jyotiba Phule Rohilkhand University, Bareilly-243006
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Syllabus: M. A. (A&R Economics) Semester I
Paper II: Evolution of Economic Philosophy and Thought (I)
Unit 1 Introduction: Evolution of Economic Philosophy and Thought, economic history and history of
economics; Economic thought, ideas, ideology; Economic analysis, laws, theory, principles, models; the
role of hypotheses and assumptions;
Unit 2 Economic Philosophy and Thought: Economic ideas, ideals and the contextual- temporal
interaction; derivation of knowledge- induction, deduction and interaction; observation and
experimentation; moral philosophy and natural philosophy; means-ends; cause and effect;
Interdisciplinary dimensions, positive and normative approaches.
Unit 3 Brief introduction to major strands of Philosophy: Oriental and occidental; ancient Indian
Philosophy;
Idealism, Naturalism, Materialism, Existentialism, Pragmatism;
Unit 4 Ancient Economic Philosophy and Thought: Ancient Indian economic thought, Kautilya; Greek
economic thought- Aristotle; Semitic-tradition.
Unit 5 The rise of Western Economic Thought:
Mercantilism: Background factors- intellectual and material revolt against the established order; social,
political, economic; seeds of formation of nation-state, geographical occupation;
Ideas- exchange-value, treasure, money, social order, merchant capital and interest, surplus, international
trade, balance of trade, protectionism;
New-mercantilism.
Physiocracy: Quest for an Order- The Natural Order, The idea of production, The Net product, circulation
of wealth, laissez faire.
Unit 6 Classical School: Introduction and summary of classic school;
Adam smith- naturalism and optimism, self-interest, invisible hand, division of labour, market as resource
allocator and as an institutional order, theory of value, distribution, international trade, economic
liberalism, the role of the state; stationary state;
Unit 7 Classical School: David Ricardo- Theory of distribution (rent, wages, profit), theory of development;
T. R. Malthus- The law of population, theory of Glut (over production due to under consumption);
Unit 8 Classical School: J. S. Mill- dissenter within the camp, fundamental laws, individualistic and socialist
reforms; stationary state as a moment for cultural fulfillment; J. B. Say- Say’s Law;
Selected Readings:
Gide and Rist, 1956, A History of Econmic Doctrines.
Lewis H. Haney, 1977 History of Economic Thought.
Eric Rool, 1974, A History of Economic Thought.
J. A Schumpeter, 1954, History of Economic Analysis.
1951, Ten Great Economists.
Gray and Thompson, 1980, The Development of Economic Doctrines.
Ekclud and Herber, 1983, A Hisory of Economic Theory and Method.
M. Blady, 1978, Economic Theory in Retrospect.
Hill Broner, 1960, The Worldly Philosopher.
Jawahar Lal Nehru, 1063, Discovery of India.
M. K. Gandhi, 1938, Economics of Village Industries.
1947, India of My Dreams.
DEPARTMENT OF APPLIED AND REGIONAL ECONOMICS
Mahatma Jyotiba Phule Rohilkhand University, Bareilly-243006
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Syllabus: M. A. (A&R Economics) Semester II
Paper VII: Evolution of Economic Philosophy and Thought (II)
Unit 1 The Critiques of Classical School- Socialist dissent:
Sismondi- aim and method of economics, production and consumption, competition, reforms;
Robert Owen- associative socialism, abolition of profit, social milieu;
Unit 2 The Critiques of Classical School- Ideological dissent:
German Historical School- history is relevant, particularity and generalization; critical and positive ideas;
Friedrich List- nationalist socialism, productive power, protectionism;
Unit 3 Scientific Socialism- Karl Marx- Materialistic interpretation, dialectical materialism, the means of
production and the mode (relations) of production, value, labour theory of value, surplus value, profit,
laws of capital accumulation, surplus-accumulation-profit conflict, rise of dissenters-reserve army of
unemployed, fall of capitalism, formation of socialist and communist order; the success and failure of
Marxism, contemporary relevance;
Unit 4 Subjectivism and Marginalism: Austrian School- subjective base of value, introduction of marginal
analysis, contribution of Menger, Jevons, Walrus, Weiser and Bohm Bawark;
Unit 5 Neo-classical economics: Alfred Marshal: the Neo-Classicism, value, demand, supply, equilibrium;
other concepts;
Unit 6 Keynesian Economics: Keynes- under consumption theory, speculation, full employment,
intervention; The General Theory- theory of economic management and development;
Post Keynesian Developments (Brief Review) - Monetarism, Rational Expectations, Supply side economics;
Unit 7 Indian Scenario: Mahatma Gandhi’s economic ideas- satya, ahimsa, aparigrah, tyag, trusteeship,
cottage industries, village swaraj, sarve bhavanu sukhanta;
Unit 8 Economic dilemmas: The market and the larger society, inclusion and exclusion, equity and
equality, land reforms, basic needs vs. islands of prosperity, consumer-producer sovereignty, economic
wastage, externalities, environmental sustainability.
Selected Readings:
Gide and Rist, 1956, A History of Econmic Doctrines.
Lewis H. Haney, 1977 History of Economic Thought.
Eric Rool, 1974, A History of Economic Thought.
J. A Schumpeter, 1954, History of Economic Analysis.
1951, Ten Great Economists.
Gray and Thompson, 1980, The Development of Economic Doctrines.
Ekclud and Herber, 1983, A Hisory of Economic Theory and Method.
M. Blady, 1978, Economic Theory in Retrospect.
Hill Broner, 1960, The Worldly Philosopher.
Jawahar Lal Nehru, 1063, Discovery of India.
M. K. Gandhi, 1938, Economics of Village Industries.
1947, India of My Dreams.
DEPARTMENT OF APPLIED AND REGIONAL ECONOMICS
Mahatma Jyotiba Phule Rohilkhand University, Bareilly-243006
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Paper V: Practical/Fieldwork
The purpose of this paper is to acquaint the students to understand, analyze and interpret
and to experience with and deal with real life economic phenomena, issues and problems. The
students will have to identify an economic topic/issue/problem of their preference, be it from
any sector or economic area, and they will try to understand the nature of that chosen
phenomena. They will collect either first-hand information or compile a secondary data base for
that purpose. They will prepare a report on their work which will be presented and discussed in
an open classroom session.
Students will be allotted to a teacher under whose guidance they will work and whose
satisfaction regarding the genuineness and worthiness of the work will be necessary for
submission and evaluation of the practical/fieldwork report. The same teacher will also be the
part of the panel of examiners as internal evaluator for the work of students under her/his
guidance.
Paper 10: Practical/Fieldwork
This paper is in continuation of the work undertaken in the last semester (i.e. semester
1). The thrust of this part of practical/fieldwork is to acquaint and familiarize the students with
evaluation and interpretation of the information and data compiled by them and also to make
them familiar with academic report/dissertation/theses/project writing coupled with
presentation thereof amid an open session inviting interactive queries, questions, debate and
discussion. It is necessary that the project must contain the analysis and interpretation of
economic significance. It should be sincere, comprehensive and deeply penetrating.
Students will work under the guidance of the same teacher who guided them in
the last semester. Her/his satisfaction regarding the genuineness and worthiness of the work will
be necessary for submission and evaluation of the practical/fieldwork report. The same teacher
will also be the part of the panel of examiners as internal evaluator for the work of students
under her/his guidance.