INDIAN ECONOMY Pune MBA Second Sem

Syllabus

Course Code: GE 12

Indian Economy

Unit 1: Perspective of Indian Economy: Indian Economy As a Developing Economy, Basic Characteristics Overview of Economic Planning, Role of Monetary Policy and Fiscal Policy, Budget Terminology, Economic Growth, GDP and GDP Trends, Money Supply & Inflation, Inflation Trends, RBI – Overview of Role and Functions, Capital Markets – Overview of Role and Functions, Concept of Poverty, Estimates of Poverty, Poverty Line, Economic Reforms and Reduction of Poverty, Concept of Inclusion, Need of Inclusive Growth, Financial Inclusion. Concept of Hard & Soft Infrastructure. Hard Infrastructure - Transport Infrastructure, Energy Infrastructure, Water Management Infrastructure, Communication Infrastructure, Solid Waste Management, Earth Monitoring and Measuring Networks. Soft Infrastructure - Governance Infrastructure, Economic Infrastructure, Social Infrastructure, Critical Infrastructure, Urban Infrastructure, Green Infrastructure, Education Infrastructure, Health Infrastructure. (6) 

Unit 2: Human Resources and Economic Development: The Theory of Demographic Transition, Size and Growth Rate of Population in India, Quantitative Population Growth Differentials in Different Countries, The Sex Composition of Population, Age Composition of Population, Density of Population, Urbanization and Economic Growth in India, The Quality of Population, Population Projections (2001-2026), Demographic Dividend. Human Development in India - The Concept and Measures of Human Development, Human Development Index for Various States in India, National Human Development Report, Changing Profile of GDP and Employment in India, GDP, Employment and Productivity Per Worker in India, Relative Shift in the Shares of NSDP and Employment in Agriculture, Industry and Services in Different States. (6) 

Unit 3: Sectoral Composition of Indian Economy: Primary, Secondary, Tertiary Sectors, Issues in Agriculture Sector in India, Land Reforms, Green Revolution and Agriculture Policies of India, Industrial Development, Small Scale and Cottage Industries, Industrial Policy, Public Sector in India, Services Sector in India. Areas of Market Failure and Need for State Intervention, Redefining the Role of the State, Liberalization, Privatization and Globalization (LPG) Model of Development, Planning Commission v/s NITI Aayog, Public Versus Private Sector Debate, Unorganised Sector and India's Informal Economy. (6)

Unit 4: Inequality and Economic Power in India: FDI, Angel Investors and Start-ups, Unicorns, M&A, Investment Models, Role of State, PPP (Public-Private Partnership), Savings and Investment Trends. Growth of Large Industrial Houses Since Independence, Growth of Monopolies and Concentration of Economic Power in India, Competition Policy and Competition Law, Growth and Inequality, India as an Economic Superpower, Growth of the Indian Middle Class, Indian MNCs : Mergers and Acquisitions, Outsourcing, Nationalism and Globalization, Small-Scale and Cottage Enterprises, The Role of Small-Scale Industries in Indian Economy, Poverty, Vulnerability and Unorganized Sector Employment-The High Degree of Correlation, Estimate of Organized and Unorganized Workers. (6)

Unit 5: The Foreign Trade of India: Importance of Foreign Trade for a Developing Economy, Overview of Foreign Trade Since Independence, Composition of India's Foreign Trade, Direction of India's Foreign Trade, India's Balance of Payments on Current Account, Balance of Payments Crisis, Balance of Payments Since the New Economic Reforms of 1991, India's Trade Policy, India's Foreign Trade Policy, An Analysis of Trends in Exports and Imports, Special Economic Zones (SEZs)-An Overview. (6)