MI4102 Indian Economy Syllabus:
MI4102 Indian Economy Syllabus – Anna University PG Syllabus Regulation 2021
COURSE OBJECTIVES:
To understand the various aspects of Indian Economy and to develop a perspective on the different problems and approaches to economic planning and development in India.
UNIT I MEANING AND CHARACTERISTICS
Economy – definition – Classification of economy – developing and developed economy. Indian economy – structure of the economy – agricultural, industrial and service sectors. Sectoral contribution to the national income of Indian economy. Characteristics of Indian economy in terms of demographic, economic and social indicators. Major development issues in India.
UNIT II INDIAN DEMOGRAPHY
Population – size and growth of population. Features of Indian population –sex ratio, rural and urban distribution, age distribution, density of population, occupational distribution. Causes for population growth – natural growth rate of population. Problems of higher population – poverty: definitions of poverty – measures to eradicate poverty.
UNIT III ECONOMIC PLANNING AND AGRICULTURAL SECTOR
Planning in India – five year planning. Evolution of Indian planning. Major achievements and failures of Indian planning since first five year planning. Objectives of 12th five year plan. Allocation of resources for agricultural, industrial and service sectors of the economy. Agricultural growth during the post reform period- achievements and failures.
UNIT IV INDUSTRIAL SECTOR
Industrial policy, 1991 – Liberalization, privatization and globalization of Industrial sector – Industrial growth since economic reform. Growth and problems of SMEs.
UNIT V FOREIGN TRADE
India’s balance of trade and payment since 2007. Exports and Imports – pattern of trade. Trade policy of India, 1991.BOT and exchange rate. Government of India’s measures to manage exchange rate fluctuations.
TOTAL : 45 PERIODS
COURSE OUTCOME:
The course expects students to understand the economic issues in range of economic activities in the Indian Economy. The Students are made to understand role of Indian Economy in global context and how different factors affect them.
REFERENCES:
1. Datt Ruddar and KPM Sundaram, Indian Economy, 67thEdition S. Chand & Company Ltd., New Delhi, 2013.
2. Gaurav Datta Ashwani Mahajan, Indian Economy. 68 th Edition S. Chand & Company Ltd., New Delhi, 2013.
3. Misra S.K. & V. K. Puri, Indian Economy, 32nd Edition, Himalaya Publication house, Mumbai.2014
4. Gopal Ji,Suman Bhakri & Anisha Bhakri, Indian Economy -Performance and Policies, 2nd Edition, Vikas Publishing, New Delhi,2015.
5. Shankar Acharya and Rakesh Mohan, Indian Economy – Performance and Challenges, 1st Edition, Oxford University Press, USA , 2010