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September 23rd, 2016, 11:29 AM
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Join Date: Mar 2012
Re: General Economics For CA Common Proficiency Test

As you Asking for the Syllabus of the General Economics of the CA Common Proficiency Test the Syllabus is as Follow


Introduction to Micro Economics
Definition, scope and nature of Economics
Methods of economic study
Central problems of an economy and Production possibilities curve.

Theory of Demand and Supply
Meaning and determinants of demand, Law of demand and Elasticity of demand, Price, income and cross elasticity
Theory of consumer ’s behaviour – Marshallian approach and Indifference curve approach
Meaning and determinants of supply, Law of supply and Elasticity of supply.

Theory of Production and Cost
Meaning and Factors of production
Laws of Production – The Law of variable proportions and Laws of returns to scale
Concepts of Costs Short-run and long-run costs, Average and marginal costs, Total, fixed and variable costs.

Price Determination in Different Markets
Various forms of markets – Perfect Competition, Monopoly, Monopolistic Competition and Oligopoly
Price determination in these markets.

Indian Economic Development
Indian Economy – A Profile
Nature of the Indian Economy
Role of different sectors – Agriculture, Industry and Services in the development of the Indian economy, their problems and growth.
National Income of India – Concepts of national income, Different methods of measuring national income, Growth of national income and per capita income in various plans.
Basic understanding of tax system of India – Direct and Indirect Taxation

Select Aspects of Indian Economy
Population – Its size, rate of growth and its implication for growth
Poverty – Absolute and relative poverty and main programs for poverty alleviation
Unemployment – Types, causes and incidence of unemployment
Infrastructure Energy, Transportation, Communication, Health and Education
Inflation
Budget and Fiscal deficits
Balance of payments
External debts.

Economic Reforms in India
Features of economic reforms since 1991
Liberalisation, Privatisation and Disinvestment
Globalisation.

Money and Banking
Money – Meaning and functions
Commercial Banks – Role and functions
Reserve Bank of India – Role and functions, Monetary policy.


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