Business, Government & Society

Syllabus

(211) Business, Government & Society

UNIT-1

Roles of Business, Government, and Society: Interdependence and Conflict, Regulation of Business, Functions of State; Economic Roles of Government; Government and Legal Environment; Economic roles of Government in India; Indian Experience with Overall and Sectoral Growth, Inter-Sectoral Linkages and Role of Foreign Direct Investment, The Constitutional Environment , Macroeconomic Crises Since 1990s- Indian and Global Experiences.

UNIT-2

Poverty, Inequality and Economic Growth: Industrial Development, Rural-Urban Dynamics, Population and

Development, Finance for Development, Trade and Development, State and the Market, Privatization and Regulation, Institutions and Growth.

UNIT-3

Public Private Partnerships: The Rationale for Public Private Partnerships, Different Kinds of Public Private

Partnerships with a Special Emphasis on the Build Operate and Transfer Model (BOT), Issues in Regulation that Come about with Privatization, Pricing Mechanisms Available to a Regulator to Ensure Universal Access and Efficiency, Discussion of the Privatization Experience in Different Sectors, Water, Electricity, Telecommunication, and Railways with a Special Emphasis on India.

UNIT-4

Multinational Corporations: Perspectives on Globalization, Globalization: The MNC and TNC Organizations, Globalization of Brands, Globalization of the Indian Business and Firms, Coping with Global Competition, Conflict with Nation States. Domestic and Global Forces - for and Against Globalization, Brexit and Latest Developments.

UNIT-5

Business in a Global Environment: Business as Blending of People Technology and Ethical Behaviour, Achieving Business Success through Social Responsibilities, Changing Workplace - Influence of Demography, Influence of Technology, Gender Issues, Social Justice and Affirmative Action, Industrial Relations.