Indian Economy I

Paper Code: 
ECO 114
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

1. To critically appraise current Indian economic scenario.

2. To examine the structure of Indian Economy including its basic features, natural resources and infrastructure

3 To evaluate the sectoral development including agriculture, industry and services sectors in India.

Course Outcomes (COs):

Course

 Outcome (at course level)

Learning and teaching strategies

Assessment Strategies 

Paper Code

Paper Title

ECO 114

Indian Economy-I

CO10: Students will define the nature of Indian economy.

CO11: Students will analyze the importance, contribution and growth of primary, secondary and tertiary sectors of India.

 

Approach in teaching: Interactive Lectures, Discussion,  Case studies.

 

Learning activities for the students:

Presentations, Assignments and Group discussions.

Class activity, Assignments and  Semester end examinations.

 

 

9.00
Unit I: 
Structure of the Indian Economy
  • Basic features of Indian Economy;
  • National income trends and Structural Changes
  • Natural resources: Land, water and forests;
  • Infrastructure – Energy, Power, Transport, Communication.

 

9.00
Unit II: 
Demography
  • Population - size and growth rates, age & sex composition, literacy rates, density, rural-urban distribution;
  • Occupational distribution;
  • National Population policy (2000).
  • Demographic Dividend
  • Urbanization and development process

 

9.00
Unit III: 
Agriculture
  • Agriculture – importance;
  • Cropping Pattern;
  • Trends in agricultural production & causes of low productivity;
  • Green Revolution;
  • Agricultural Marketing;
  • Agricultural Credit.

 

9.00
Unit IV: 
Industry
  • Industrial growth during the planning period ;
  • Present industrial policy (1991);
  • Importance, growth and problems of Micro, Small and Medium Enterprises;
  • Role and problems of Public sector in India.

 

9.00
Unit V: 
Services

·       Growth and contribution of service sector;

·       Reasons for growth of service sector;

·       Information and communication Technology;

IT and ITES Industry, BPO 

Essential Readings: 
  • Datt, G. and Mahajan, A.,  Datt & Sundharam’s Indian Economy, S.Chand and Company Limited, New Delhi (latest edition).
  • Puri ,V.K  and Misra, S.K.,  Indian Economy, Himalaya Publishing House (latest edition).
  • Kapila, Uma, Indian Economy since Independence, Academic Foundation (latest edition).
  • Govt. of India, Economic Survey, Economic Division, Ministry of Finance, New Delhi (latest).

 

Academic Session: