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  #1  
May 21st, 2015, 11:26 AM
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JNU Delhi MA in Economics

Does the School of Social Sciences in JNU or Jawaharlal Nehru University offer MA or Master's programme in Economics? Is there any entrance exam fro admission in MA or Master's programme in Economics? Provide me eh syllabus of the course of JNU or Jawaharlal Nehru University?
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  #2  
March 2nd, 2017, 03:20 PM
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Re: JNU Delhi MA in Economics

Can you provide me the course structure of the Master of Arts (MA) Programme offered by School of Social Sciences of Jawaharlal Nehru University, New Delhi?
  #3  
March 2nd, 2017, 03:21 PM
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Join Date: Mar 2012
Re: JNU Delhi MA in Economics

The course structure of the Master of Arts (MA) Programme offered by School of Social Sciences of Jawaharlal Nehru University, New Delhi is as follows:

A Brief Description of MA Courses

COMPULSORY COURSES:



EC 401: Macroeconomics

This course introduces students to the basic concepts of macroeconomics.
The aim is to equip the students with various theories of income
determination, money supply and price-wage relationships. Some relevant
policy issues are covered as well.

EC 402: Microeconomics

This course covers (in varying degrees of depth) all the essential topics in
Microeconomic Theory. The aim is to expose the Masters students to enough
formal training in Micro Theory so that they are well equipped to pursue
subsequent studies in different specialized areas of interest.

EC 403: Trade, Finance and Development

This course is designed to provide students with a basic introduction to
important theories of international trade, balance of payments adjustment
and capital flows. It deals with the historical evolution of trade and finance
patterns, the important international institutions and major processes in the
current international economy and the issues of policy concern for developing
countries such as India.

EC 404: Introduction to Statistics and Econometrics

The course introduces students to statistical methods leading up to an
introduction to econometric methods. Topics covered are: Probability Theory,
Estimation and Inference in Univariate and Multivariate Probability Models,
Asymptotic Theory, Simple Linear Regression Models and Applications.

EC 405: Political Economy of Development

This course introduces the student to the history of the international division

of labour under colonialism, which resulted in the capitalist industrialization
of Europe and North America on the one hand and in the specialization of
third world countries as primary producers on the other. It sets the stage for
a discussion of early industrialization in independent India.

EC 406: Indian Economic Problems

This course develops the macroeconomics of the Indian economy in its
dirigiste and "liberal" phases and examines the reasons for the transition
from the one to the other. The analysis is located within a framework of
political economy. The course covers the evolving monetary, fiscal, balance
of payments policies, the performance of the economy and its particular
sectors, trends in employment and poverty.

EC 407: Mathematical Methods in Economics

This course is designed to equip students with some essential mathematical
tools. The aim is to enable students to follow simple economic problems
relating to optimization and dynamical systems.

EC 408: Problems of Accumulation

This course deals with the alternative approaches adopted in discussing
accumulation in a capitalist economy, beginning from the period of Classical
Political Economy and ending in the modern theories of endogenous growth.
The course offers to the student, in the context of a discussion on growth
theory, an exposure to the diverse and contending schools of thought which
have evolved with the development of the subject.

OPTIONAL COURSES:

EP 406: Classical Theories of Value and Distribution

This approach of classical political economy and Marx to the determination of
commodity prices is altogether different from that which came into vogue
following the Jevonian revolution. This approach, developed through the
writings of Smith, Ricardo, Marx and more recently Sraffa, is the subject
matter of this course.

EP 407: General Equilibrium Analysis

The course covers general equilibrium under exchange and production.
Theory of the core is discussed. In addition, non-Walrasian equilibria,
fundamental theorems of welfare economics, Arrow's impossibility theorem
are also covered. Finally, examples of market failures are analysed.

EP 501: Evolution of the Indian Economy

Starting with a broad discussion of the potentialities of growth in the
economy of pre-colonial India, the historical roots of underdevelopment of
the Indian economy are studied with emphasis on the impact of colonial rule.

EP-502: Analysis of Indian Economy (with special reference to Sectoral
Problems)

The course covers the dynamics of sectoral growth and inter-sectoral
relationships; theory and Indian experience from 1947 to the present.

EP-503: Analysis of Indian Economy (with special reference to Resource
Mobilization)

Beginning with some theoretical foundations in macroeconomics of a
capitalist economy, the course considers the post Independence Indian
experience with resource mobilization and financing of economic
development. It would discuss the major economic issues and debates
relevant to the Indian Economy both before and after 1991.


EP 504: Problems and Techniques of Planning

The course begins with an introduction to the problem of planning and
considers the necessity of state intervention. Planning theory (Ramsey,
Dobb, Kalecki) as well as models used in the Indian planning exercises
(Mahalanobis – Feldman) are analysed. Critiques of planning are also
discussed.

EP 509: Production Conditions in Indian Agriculture

Alternative theoretical approaches to analysing agrarian questions are
discussed in this course, with particular reference to alternative
interpretations of observed empirical trends.

EP 514: Structure and Growth of Indian Industries

The course begins with the theory necessary to analyse Indian industrial
performance. This is used to analyse the structure and performance of Indian
industry since independence.

EP 516: Foreign Trade, Aid and Investment Policies

Part one of this course deals with the advanced theories of foreign trade and
aid. It also covers theories of foreign investment. Analysis of contemporary
trade and investment patterns in the world economy with special reference
to developing countries forms the second part of the course.

EP-519: Econometric Methods I

The course will cover estimation and inference in the multivariate regression


framework. Two estimation approaches – method of moments and maximum
likelihood – are emphasized.

EP-520: Econometric Methods II

The second course in Econometrics introduces students to estimation of
multi-equation models and limited dependent variable models. In addition,
some topics of current interest, such as the estimation of demand systems
and production functions, will also be covered.

EP 521: Banking and Monetary Institutions

This is a course on the theory of money and finance. Three basic approaches
to monetary theory, viz., classical, Keynesian, and monetarist, are

distinguished and discussed. The literature on financial fragility and debt-
deflation is introduced.

EP 524: Public Finance

This course analyses the role of government in a capitalist economy both
from the point of view of development and market failure. It emphasises the
problems of Indian Public Finance and introduces the ideas of Normative
Public Finance to the students.

EP 526: Labour Economics

The formation of labour markets and the development of theory from the
mercantilists to turnover models and labour market segmentation form the
subject matter of this course. Aspects of employment and wage
determination in India in recent years are also discussed.

EP 529: Social Choice I

The course consists of the following topics: (i) Elementary logic, (ii) Calculus
of binary relations, (iii) Arrow's impossibility theorem and related
propositions, (iv) Method of majority decision, (v) Theories of justice, and
(vi) Strategic aspects of voting.

EP-532: Theory of Industrial Organisation

The course consists of the following topics: Non-cooperative Game Theory and Nash Equilibria with Refinements, Duopoly and Oligopoly theory –
Bertrand and Cournot Equilibria, Entry deterrence, Limit Pricing, Horizontal
and Vertical Differentiation, Dynamic Games and their applications.

EP 533 Resource Economics

The course covers the following topics: Material balance approach of
resource and environmental analysis. Theory of renewable resources.
Common property resources. Theory of resource regulation and cases of
resource management and policy. Theory of exhaustible resources.
Environmental management in a dynamic context. Theory of population in
the context of sustainable development. Poverty, institutions and resource
management. Trade, globalization and resource use policies.

EP 534: Game Theory with Applications to Economics

In this course the basic tools of non- cooperative game theory - Nash
equilibrium, subgame perfect, Bayesian Nash and Perfect Baysian equilibrium
- are covered exhaustively with examples. Some rudiments of cooperative
games are also done.

EP 536: Law and Economics

The course provides an introduction to the subject of law and economics in
which laws and legal rules and procedures are analyzed from the perspective
of economic efficiency. The focus of the course is on economic analysis of
laws and doctrines relating to property, contracts and torts. The important
topics covered in the course, among others, include the Coase Theorem,
liability rules and the various damage measures.

EC 537: Economics of Health

The course focuses on analyses of issues relating to production and
consumption of health care. Behaviour of the agents is analysed with issues
of efficiency and equity in mind. The features of the market for health
services are discussed with emphasis placed on the characteristics which
make this market different from the markets for other goods and services.

EC 538: Financial Structures and Economic Development

The course examines the disparate processes of evolution of financial
systems in the US, Germany and Japan, and the implications of alternative
financial structures for growth, inclusion and stability. This provides the basis
for an assessment of the financial structures and policies adopted by late-
industrializing countries and the consequences of financial liberalization in
these contexts.

EC 540: Database on Indian Economy

The course aims to expose students to the database on different aspects of
Indian economy. The course will help them understand how to use data to
examine the theoretical issues that they are exposed to in basic macro-
economic courses and empirical issues they are exposed to in the courses on
Indian economy.

EC 541: Issues in the Contemporary International Economy

The course takes up issues of current interest in the world economy and
examines them both theoretically and empirically. The emphasis is on issues
of contemporary relevance, rather than on historical evolution or purely
theoretical debates.

EC 542: Experimental Methods in Economics

This course trains students to conduct laboratory and field experiments in
Economics. It introduces the MA student to the different techniques used to conduct laboratory and field experiments that observe the behaviour of

economic agents. Some statistical/econometric analysis and certain
theoretical topics of interest to behavioural economists such as Other
Regarding Preferences, Cumulative Prospect Theory and Evolution of
Institutions and Norms are covered.

EC 543: Auction Theory with Its Applications

The aim of the course is to introduce the modern game theoretic literature
on auctions. A large part of the course deals with theoretical models. Some
basic knowledge of game theory and a willingness to deal with technical
issues are the main prerequisites for this course.

EC 544: Environmental Economics

The course provides a comprehensive introduction to the economic analysis
of issues involving the environment. The broad topics covered in the course
include: Basic concepts arising from interlinkages between the economy and
the natural environment. Valuation of environmental services and cost-
benefit analysis. Theory of environmental regulation. Environmental resource
base as natural capital, common property resource management and
resource accounting. Economic development and environmental degradation.
Global issues and the environment.

EC 545: Globalization and Development

This course analyzes the implications and consequences of globalization for
development in the contemporary world economy. Such an analysis of
globalization requires integrating elements from different aspects of
economic theory to understand realities, making it different from
conventional area specific courses. It questions the orthodox prescription
that globalization and markets are the road to development in the twenty-
first century, to develop a heterodox perspective based on an understanding
of theory and a study of experience.


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