RE4004 Economics and Social Development Syllabus:
RE4004 Economics and Social Development Syllabus – Anna University PG Syllabus Regulation 2021
OBJECTIVES:
To understand the construction of society, values & emerging life style patterns.
To understand urbanization and its impacts and socio – economic issues of employment, demand for space in human settlements.
To acquire knowledge on the economic and market-based impacts of real estate development at national and global scenarios
To appreciate the formal and informal mechanism in real estate resulting out of socioeconomic characteristics, develop critical financial analytical skills to evaluate development
opportunities.
To gain knowledge on the principles which support sustainable and more equitable real estate development.
UNIT I BASIC PRINCIPLES AND CONCEPTS OF SOCIOLOGY
Basic concepts in the study of the society – sociological theories – ethnic groups – social groups – social institutions – social stratification – order and change, Processes – social control – Sociology of India – Basic features of the Indian Society and culture – Social problems of the urban community. Current Effects of social –cultural factors, social value, behaviour and ethics – with their Effects on physical environment & behaviour -Social change in modern society -challenges of social transformation
UNIT II URBAN AND INDUSTRIAL SOCIOLOGY
Urban Sociology – Urbanisation and its social aspects – rural – urban migration, Rural community and relationship with the urban community- Urban Influences on Rural life – Concept of industrial society, social aspects of industrialization. Change in lifestyle – emergence of new types of living, working & leisure
UNIT III IMPLICATIONS OF NATIONAL AND GLOBAL ECONOMY
Neighbourhood concepts – implications & limitations in the Indian context, / Urban economic growth and the multiplier process under global integration – Critical forces that drive changes, importance of Accelerating globalization, thinking globally/act locally – success factors – case studies.
UNIT IV ECONOMIC DEVELOPMENT & ROLE OF THE GOVERNMENT
Economic definition, introduction micro and macroeconomics, principle of economic analysis and its tools, theoretical, and conceptual approaches & economics of urbanization and real estate, balanced growth and industrialization, population & migration, Problems of economic growth, development, characteristics of under – developed economics-poverty alleviations – strategies and policies Theory of income, national income (GNP, NNP), -Fiscal and monetary policy, FDI – inflation – Indian financial institutions. Economic analysis, policies use and management – long term economic plans. Significance of budget, resource allocation & mobilisation, affordability.
UNIT V ENTREPRENEURSHIP AND INNOVATION IN REAL ESTATE
Technological change and innovations, Information Technology, and Technical Progress – start-ups; incubation centres. Entrepreneurship, Organization, and Innovation: impact on society, contribution to the economic growth of the country – – Natural Resources and the Environment: Toward Sustainable Development. – case studies
TOTAL: 45 PERIODS
OUTCOMES:
CO1 The students will be sensitized to the principles and practices of real estate covering social considerations.
CO2 The students understand how urban urbanisation impact urban land and real estate development production and viability.
CO3 The students will understand the implications of Global and National economic policies & scenarios on the real estate Industry.
CO4 Students will gain exposure on aspects of fiscal policy that drive Real Estate opportunities as catalysts.
CO5 The student is equipped with knowledge on innovative tools applicable to promote balanced and profitable urban intervention.
REFERENCES
1. Baker, Scott, Nicholas Bloom and Steven Davis (2012), “Measuring Economic Policy Uncertainty’, Stanford mimeo
2. C.N. Shankar Rao – Sociology – An Introduction to Social Thought (2002).
3. Chand & Co. New Delhi Introduction to Sociology, Kitab Mahal New Delhi, Vidya Bhusan & D.R.Sachadew (2005).
4. Jens Beckert, “International Encylopedia of economic sociology”, (2006), Routledge, Oxford,U.K.
5. K.K DEWETT, Modern Economic Theory (2002), Shyamal Charitable Trust, New Delhi
6. Raghbendra Jha, “Modern Public Economics”, (1997), Routledge, Oxford, U.K.