Find below an overview of the academic syllabus for the 5th semester of the BA Economics programme strucrured by PSGR Krishnammal College for Women. Also find the references used by me,  Subiksha S for the preperation of the same.

Academic Syllabus (BA Economics) – Semester 5

 

1.     International Economics

Module – 1

Introduction – Scope and Bases of international economics – Importance – Differences between Internal and International trade – Free trade and Protective Trade.

Module – 2

Theories of international trade – Absolute Cost Theory – Comparative Cost Theory – Opportunity Cost Theory – Hecksher Ohlin Theory – Leontieff Paradox

Module -3

Balance of payments – meaning and importance – Balance of Trade and Balance of Payments – Current and Capital accounts – Disequilibrium in BOP – Terms of Trade – types and influential factors – Income and Welfare aspects

Module – 4

Exchange Rate – Fixed and Flexible ERS – Equilibrium ER – Theories of Fixation of Exchange Rates – Mint Parity Theory – Purchasing Power parity Theory – Balance of Payments theory – Exchange Control – Methods and systems

Module – 5

International Financial Institutions and agreements – GATT – UNCTAD – World Bank – IMF – International Liquidity

References:

International Trade and International Finance – Malabika Roy and Saikat Sinha Roy

International Economics – HG Mannur

International Economics – ML Jhingan

Money and Banking

Module – 1

Money – definitions, functions, significance and drawbacks – Role of money in capitalist, socialist and modern economies.

Module – 2

Monetary standards – metallic Standard – mono metallic, bimetallic standards – paper currency standard – Principles and methods of note issue – Merits and demerits – Present currency system in India

Module – 3

Value of Money – Measurement – Index numbers – construction, difficulties – demand and supply of money – Fisher’s Quantitative theory – Cambridge Equations

Module – 4

Inflation – types, causes, control measures – inflationary gap – Deflation – types, causes and control measures – deflationary gap – Stagflation – Trade cycle – phases and control – Theories of trade cycle

Module – 5

Central and commercial banks – Functions of a central bank – Functions of commercial banks – Recent banking trends – Innovative banking – ATMs, ATM cards, E-banking, Mutual funds

References:

1.     Monetary Economics – R.Cauvery, N. Kruparani, U.K. Sudhanayak, A. Manimekalai

2.     Monetary Economics – M. L. Jihgan

3.     Monetary Theory and Policy – Walsh

4.     Moentary Economics – Wyne Godley

     Other core papers have been replaced by a field training and project work for this semester.

Felid Training in general management at SupriSubi Spinning Mills Pvt. Ltd.,

Project submitted on the Consumer Preference for Indian Textiles in Coimbatore.