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Indian Economy- I [1]

Paper Code: 
25ECO 124
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 
  1. To make the students understand the development process of Indian economy since independence.
  2. To introduce the sector-specific policies and their impact on key economic indicators.
  3. To acquaint the students with the impact of planning and economic reforms in India.

 

Course Outcomes: 

Course Outcomes (COs):

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies 

Course Code

Course Title

25ECO 124

Indian Economy-I

(Theory)

Students will:

CO19: comprehend the process of development in India.

CO20: examine demographic features of Indian economy and infrastructure

CO21: examine various

problems faced by the

Indian economy like

poverty, inequality,

unemployment

CO22: analyze the direction, composition of foreign trade,

 EXIM policy and Foreign Trade Policy of India.

CO23: comprehend the growth of national income, planning process and economic reforms in India.

CO24: contribute effectively in course-specific interaction

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

 

Learning activities for the students:

Presentations, Assignments and Group discussions.

Class activity, Assignments, Quiz and Semester end examinations.

 

12.00
Unit I: 
Indian Economy on the Eve of Independence
  • Indian Economy in the Pre-British Period; Economic consequences of British conquest; Decline in the Indian Handicrafts and Progressive Ruralisation of the Indian Economy
  • The Land System during 1793-1850
  • Commercialization of Agriculture (1850-1947)
  • Famines and Famine Relief in India
  • Progress of Industrial Transition in India
  •  Colonial Exploitation: Forms and Consequences; Colonialism and Modernization

 

 

12.00
Unit II: 
Demographic Features & Infrastructure
  • Population Growth
  •  Occupational Structure
  • Important Demographic indicators
  • National Population policy (2000)
  • Economic and Social Infrastructure

 

 

12.00
Unit III: 
Important Issues
  • Poverty
  • Inequality
  • Unemployment
  • Regional Imbalances
  • Parallel Economy

 

 

12.00
Unit IV: 
Foreign Trade
  • Composition and Direction
  • Balance of Payments
  •  Foreign Capital and Aid
  • Export Import policy
  • Foreign Trade policy

 

 

12.00
Unit V: 
National Income, Economic Reforms and Planning

·       National Income: Growth & Structure

·       Economic Reforms

·       Planning InIndia: Objectives, Strategy, Failures & Achievements

·       Twelfth Five Year Plan

NITI Aayog

Essential Readings: 
  1. Datt, G. and Mahajan, A., Datt&Sundharam’s, Indian Economy, S.Chand and Company Limited,73rd edition, 2021,
  2. Puri,V.K  and Misra, S.K., Indian Economy, Himalaya Publishing House Pvt. Ltd. 39th edition, 2021.

 

References: 

Suggested Readings:

  1. Kapila, Uma, Indian Economy since Independence, Academic Foundation, 31st edition, 2020.
  2. Govt. of India, Economic Survey, Economic Division, Ministry of Finance,2022.

 

 

E Resource:

  • Economic Survey 2021-22, Ministry of Finance, Government of India, January 2022.

 

 

Journals:

https://ijed.in/ [3]

  • Indian Economic Review

https://link.springer.com/journal/41775/volumes-and-issues/56-2 [4]

 

Academic Session: 
2025-26 [5]

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Source URL: https://economics.iisuniv.ac.in/courses/subjects/indian-economy-i-25

Links:
[1] https://economics.iisuniv.ac.in/courses/subjects/indian-economy-i-25
[2] http://indianjournalofeconomicsandresearch.com/index.php/aijer/index
[3] https://ijed.in/
[4] https://link.springer.com/journal/41775/volumes-and-issues/56-2
[5] https://economics.iisuniv.ac.in/academic-session/2025-26