ମାନବିକତା ଏବଂ ସାମାଜିକ ବିଜ୍ଞାନ ବିଭାଗ
ଜାତୀୟ ବିଜ୍ଞାନ ଶିକ୍ଷା ଏବଂ ଗବେଷଣା ପ୍ରତିଷ୍ଠାନ

मानविकी और सामाजिक विज्ञान विभाग
राष्ट्रीय विज्ञान शिक्षा एवं अनुसंधान संस्थान

SCHOOL OF HUMANITIES AND SOCIAL SCIENCES
NATIONAL INSTITUTE OF SCIENCE EDUCATION AND RESEARCH

 

PhD Course

Development Economics
H614

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

This course will provide an overview of thoughts on economic development. It sets the background by providing the concepts, dimensions and theories of economic development. The course would further introduce to the students the multilayered and multidisciplinary nature of poverty and inequality. Core concerns relating to human development, health and education are discussed further, and finally the role of state and issues relating to state intervention are discussed.

Course Contents:

  1. Economic development (4 lectures, 2 tutorials)
    Concepts and Dimensions
    Methodologies and Disciplinarity
    Development and Underdevelopment
    Developmentalism, Alternatives
  2. Dual Economy models of development (4 lectures, 4 tutorials)
    Underlying theories: Lewis-Ranis- Fei Model, Harris-Todaro Model
  3. Economic Inequality and Development (4 lectures, 2 tutorials)
    Concepts and Measurement (Basics of measurement issues only to enable literature reading)
    Economic inequality and access to credit market
    Economic inequality and choice of occupation.
    Economic inequality and Human capital formation
    Economic inequality and conflict.
  4. Poverty (4 lectures, 2 tutorials)
    Concepts and measurement
    Impact of poverty on intra-household allocation, and access to labour market and credit market.
    Poverty and Social structure
    Poverty, health and nutrition
  5. Issues on Health and Nutrition (4 lectures, 2 tutorials)
    Importance of Health in Development
    Intrahousehold Allocation of Nutrients among the children
    Window of opportunity
  6. Issues in Education (6 lectures, 4 tutorials)
    Access to Education
    Public Provision and infrastructure
    Incentivising education
  7. Social Security and Public Policy (6 lectures, 4 tutorials)
    Issues in Targeting, Measurement
    Social security policies: Public works programme, food security programme, conditional cash transfers.

Text Books

  1. Suggested Readings:
  2. Basu, K. (1997), Analytical Development Economics: The Less Developed Economy
  3. Revisited, The MIT Press, Cambridge M A..
  4. Bryman, A. and Burgess, R.G. (1999): Qualitative Research. London: Sage.
  5. Chambers, R. (2008): Revolutions in Development Inquiry. Earthscan.
  6. Chant ,S.. 2003. Engendering Poverty Analysis in Developing Regions, London: LSE research online
  7. Desai, V. and Potter, R.B (eds.). (2006): Doing development research. London: Sage.
  8. Dréze, J. & Sen, A. (2013), An Uncertain Glory: India and its Contradictions, Allen Lane.
  9. Escobar, A. (1995) Encountering Development, Princeton, NJ, Princeton University
  10. J. Timmons Roberts, Amy Bellone Hite (editors), The Globalization and Development
  11. Reader: Perspectives on Development and Global Change (Paperback). Blackwell 2007
  12. Gupta, Akhil (1998) Postcolonial Developments: Agriculture in the Making of Modern India, Duke University Press.
  13. Jan Nederveen Pieterse, Development Theory, Sage, 2nd edition, 2010.
  14. Mary Romero and Eric Margolis (eds), The Blackwell Companion to Social Inequalities, Blackwell: Oxford, 2005.
  15. Ray, D. (1999), Development Economics, Oxford University Press, New Delhi
  16. Roberts, T.J. and A. Hite (eds) From Modernisation to Globalisation: Perspectives on
  17. Development and Social Change. (London: Blackwell, 2000)
  18. Scheyvens, R. and Storey, D. (2003): Development fieldwork: a practical guide. London: Sage. Sen, A. (2000), Development as freedom, Anchor Books, New York..
  19. Sklair, L. Sociology of the Global System. (London: Prentice-Hall, 1995)
  20. Edelman, Marc & Angelique Haugerud (eds) 2005. The anthropology of development and globalisation: from classical political economy to contemporary neoliberalism. Oxford: Blackwell.
  21. Papers:
  22. Banerjee, A. V. &Duflo, E. (2007), 'The Economic Lives of the Poor', Journal of Economic Perspective21(1), 141-168.
  23. Banerjee, A. V. & Newman, A. F. (1993), 'Occupational Choice and the Process of Development', Journal of Political Economy101(2), 274-298.
  24. Banerjee, A. V. (2005), '`New Development Economics' and the Challenge to Theory', Economic and Political Weekly40(40), 4340--4344.
  25. Behrman, J.R. (1988). Intrahousehold allocation of nutrients in rural India, Oxford
  26. Economic Papers, Vol. 40, pp. 32-54.
  27. Besley, T. and Coate, S. (1992). Workfare versus welfare: incentive arguments for Work Requirements in Poverty-Alleviation Programs, American Economic Review, 82(1), 249-261.
  28. Cornia, G.A. and Stewart, F (2006). Two errors of targeting, Journal of International Development, 5(5), 459-496
  29. Das, J., Do, Q.T., Ozler, B. (2005). Reassessing Conditional Cash Trasfer Programs.
  30. World Bank Research Observer. 20(1), pp. 57-80. Das, U. (2014). Accuracy of targeting and rationing under the rural employment guarantee scheme.
  31. Dasgupta, P. & Ray, D. (1986), 'Inequality as a Determinant of Malnutrition and Unemployment: Theory', The Economic Journal96(384), 1011--1034.
  32. Dasgupta, P. & Ray, D. (1987), 'Inequality as a Determinant of Malnutrition and Unemployment: Policy', The Economic Journal97(385), 177--188.
  33. Dreze, J. (1990). Poverty in India and the IRDP Delusion, Economic and Political Weekly, 25(39)
  34. Harris, J. &Todaro, M. P. (1970), 'Migration, Unemployment and Development: A
  35. Two-Sector Analysis', American Economic Review60(1), 126-142.
  36. Hayami, Y. (2001), Development Economics: From the Poverty to the Wealth of
  37. Nations, Second Edition, Oxford University Press, New Delhi.
  38. Hirschman, A. O. & Rothschild, M. (1973), 'The Changing Tolerance for Income
  39. Inequality in the Course of Economic Development', Quarterly Journal of Economics87(4), 544-566.
  40. Jackson, C. 1996. Rescuing gender from the poverty trap, World Development, Vol. 24 (5), pp 469-504
  41. Klasen S and D. Schuler. 2011. Reforming the Gender-Related Development Index and the Gender Empowerment Measure: Implementing Some Specific Proposals,
  42. Feminist Economics, 17 (1), 1-30 Khera, R. (2011). India's Public Distribution System: Utilisation and Impact. Journal of Development Studies, 47(7), 1038-1060.
  43. Khera, R. (2011). Revival of the public distribution system: evidence and explanations, Economic and Political Weekly, 46(44), 36-50
  44. Murray, H. (2012). ‘Is school education breaking the cycle of poverty for children?’ Young Lives:Oxford
  45. Ranis, G. &Fei, J. C. H. (1961), 'A Theory of Economic Development', The American Economic Review51(4), 533--565.
  46. Ravallion, M. (2007).How relevant is targeting to the success of an Antipoverty Program. Policy Research Working Paper 4385, The World Bank.
  47. Ray, D. (2000), 'What's New in Development Economics?',The American Economist44(2), 3--16.
  48. Ray, D. (2010), 'Uneven Growth: A Framework for Research in Development Economics', Journal of Economic Perspective24(3), 45–60.
  49. Schultz, Paul. 2002.“Why governments should invest more to educate girls.” World Development 30: 207-25 Sen, A. (1983), 'Development: Which Way Now?',Economic Journal93(372), 745-762.
  50. Sen, A. (1988), The Concept of Development, in Hollis. Chenery& T N. Srinivasan, ed., 'Handbook of Development Economics Vol1.', North Holland, Amsterdam., , pp. 9-26.
  51. Sen, A.The Political Economy of Targeting. Link:http://www.adatbank.transindex.ro/html/cim_pdf384.pdf Strauss, J and Thomas, D. (1998).Health , Nutrition and Economic Development. Journal of Economic Literature, Vol. 36, pp. 766-817. 
  52. Strauss, J. and Thomas, D. (2007).Health over the Life Course. In Schultz, T.P. and Strauss, J.A. (eds.) Handbook of Development Economics, Chapter 54, Vol. 4, pp. 3046-4036.
  53. Tilak J. B. G. (1989) Education and its Relation to Economic Growth Poverty and income distribution: past Environment and Further Analysis. Washington D. C.The World Bank.
  54. Victora, C. G., M. de Onis, Hallal, P. C., Blössner, M. andShrimpton, R. (2010). Worldwide timing of growth faltering: Revisiting implications for interventions. PediatricsVol. 125(3):e473-e480
Topics in Experimental and Behavioural Approaches to Economic Development
H 621

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

This course will provide the skills to understand and reinterpret a variety of issues concerning economic development based on advances in the fields of behavioral economics and experimental economics. The students will be provided with an overview of these two distinct and at times overlapping areas of research and equip them in exploring the alternatives approaches to the standard neoclassical way of understanding development. The emphasis will be on the role of psychology in economic decision making and the use of experimental methods to test various theories to better understand development related problems. Advances in the use of field experiments to evaluate the efficacy of various policy interventions will be discussed and the methodological aspects will be critically discussed.

Course Contents:

  1. An overview of Concepts in Behavioural Economics (4 Lectures, 2 tutorials)
    Cognition: Dual process of reasoning, judgment and decision making; Heuristics and Biases; Choice under Risk and Uncertainty ; Mental Accounting; Loss Aversion, Reference Dependence , Framing and Prospect Theory; Probabilistic Judgment; Timeand Choice
  2. An overview of Experimental Methods (4 Lectures, 2 tutorials)
    Why experiments instead of field data? ; Natural experiments, quasi-experiments and controlled experiments; Methods and Methodological issues in experiments.
  3. Behavioural and experimental methods for poverty and development (4 Lectures, 2 tutorials)
  4. Applications in Labour Market Studies , (4 Lectures, 2 tutorials)
  5. Applications in Caste and Gender Institutions , (4 Lectures, 2 tutorials)
  6. Applications in Health and Education , (4 Lectures, 2 tutorials)
  7. Applications in Micro Finance, Insurance and Credit market, (4 Lectures, 2 tutorials)
  8. Applications in Public Policy , Governance and Corruption, (4 Lectures, 2 tutorials)
  9. Applications in climate change , (4 Lectures, 2 tutorials)

Text Books

  1. Readings for Topic 1
  2. Camerer, Colin F., George Loewenstein and Matthew Rabin (2003) Advances in Behavioral Economics,Princeton University Press
  3. Mind, Behaviour and Society, World Development Report 2015, World Bank
  4. Readings for Topic 2
  5. Plott, Charles R & Smith Vernon L (2008) Handbook of Experimental Economics, North Holland
  6. Readings for Topic 3
  7. Abhijit V. Banerjee and Esther Duflo( ) The Experimental Approach to Development Economics http://economics.mit.edu/files/3159
  8. Sendhil Mullainathan Development Economics through the lens of psychology, (mimeo).
  9. Saugato Datta and Sendhil Mullainathan.(2012) "Behavioral Design: A New Approach to Development Policy." CGD Policy Paper 016. Washington DC: Center for Global Development. http://www.cgdev.org/content/publications/detail/1426679
  10. Marianne Bertrand, Sendhil Mullainathan and Eldar Shafir (2004) A Behavioral-Economics View of Poverty, The American Economic Review, Vol. 94, No. 2, Papers and Proceedings of the One Hundred Sixteenth Annual Meeting of the American Economic Association San Diego, CA,January 3-5, 2004 (May, 2004), pp. 419-423
  11. Readings for Topic 4
  12. Azam, Mehtabul (2012) The Impact of Indian Job Guarantee Scheme on Labor Market Outcomes: Evidence from a Natural Experiment, IZA DP No. 6548, IZA,Germany
  13. Jensen, Robert( 2012) Do labor market opportunities affect young women’s work and family decisions? Experimental evidence from India, The Quarterly Journal of Economics 127, 753–792. doi:10.1093/qje/qjs002
  14. Abhijit Banerjee, Marianne Bertrand, Saugato Datta, Sendhil Mullainathan (2009) Labor market discrimination in Delhi: Evidence from a field experiment, Journal of Comparative Economics, 37 (2009) 14–27
  15. Bertrand, M and Mullainathan, S (2004), “Are Emily and Greg More Employable than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination,” American Economic Review, 2004, 94(4), 991-1013
  16. Sukhadeo Thorat, Paul Attewell, Firdaus Fatima Rizvi ( 2009 )Urban Labour Market Discrimination, IIDS working paper series 111 No 1
  17. Lori Beaman and Jeremy Magruder (2010) Who gets the job referral? Evidence from a social networks experiment, http://www.barcelonagse.eu/tmp/pdf/calvo2010-beaman.pdf
  18. Readings for Topic 5
  19. Fredrik Carlsson, Gautam Gupta and Olof Johansson-Stenman( 2009) Keeping up with the Vaishyas? Caste and relative standing in India Oxford Economic Papers 61 (2009), 52–73
  20. Fredrik Carlsson, Gautam Gupta and Olof Johansson-Stenman( 2003) Choosing from Behind a Veil of Ignorance in India, Applied Economics Letters, 2003,, 825–827
  21. Tarun Jain and Tulika Narayan (2010) Incentive to discriminate? An experimental investigation of teacher incentives in India, http://www.isid.ac.in/~pu/conference/dec_10_conf/Papers/TarunJain.pdf
  22. Hoff, Karla, and Priyanka Pandey. 2006. "Discrimination, Social Identity, and Durable Inequalities." American Economic Review, 96(2): 206-211
  23. Jensen, Robert (2012) Do Labor Market Opportunities Affect Young Women's Work and Family Decisions? Experimental Evidence from India, The Quarterly Journal of Economics (2012) doi: 10.1093/qje/qjs002 First published online: March 3, 2012
  24. Readings for Topic 6
  25. Rema Hanna, ,Esther Duflo and Michael Greenstone(2012) Up in Smoke: The Influence of Household Behavior on the Long-Run Impact of Improved Cooking Stoves, NBER Working Paper No. 18033 http://www.nber.org/papers/w18033
  26. Banerjee, Abhijit, Esther Duflo, Rachel Glennerster, and Dhruva Kothari (2010) Improving Immunization Coverage in Rural India: A Clustered Randomized Controlled Evaluation of Immunization Campaigns with and without Incentives..British Medical Journal 340:c2220.
  27. Banerjee, Abhijit, Shawn Cole and Esther Duflo Remedying education: evidence from two randomized experiments in India NBER Working Paper No. 11904, http://www.nber.org/papers/w11904
  28. Muralidharan, Karthik and Venkatesh Sundararaman (2013) Contract teachers: experimental evidence from India, NBER Working Paper No. 19440, http://www.nber.org/papers/w19440
  29. Karthik Muralidharan and Venkatesh Sundararaman (2011) Teacher Performance Pay: Experimental Evidence from India Journal of Political Economy, Vol. 119, No. 1 (February 2011), pp. 39-77.
  30. Readings for Topic 7
  31. Bauer, Michal, Julie Chytilová, Jonathan Morduch (2008)Behavioral Foundations of Microcredit: Experimental and Survey Evidence From Rural India, IES working paper 28/2008, Institute of Economic Studies, Faculty of Social Sciences, Charles University in Prague
  32. Santosh Anagol , Shawn Cole , Shayak Sarkar (2013) Understanding the Advice of Commissions-Motivated Agents: Evidence from the Indian Life Insurance Market, Working Paper 12-055, March 7
  33. Neeraj Sood, Eran Bendavid, Arnab Mukherji, Zachary Wagner , Somil Nagpal, Patrick Mullen (2014) , Government health insurance for people below poverty line in India: quasiexperimental evaluation of insurance and health outcomes, British Medical Journal 14;349:g5114 doi: 10.1136/bmj.g5114 .
  34. Readings for Topic 8
  35. Shawn Cole, Xavier Giné, Jeremy Tobacman, Petia Topalova, Robert Townsend and James Vickery (2012) Barriers to Household Risk Management: Evidence from India ,International Monetary Fund, WP/12/195 https://www.imf.org/external/pubs/ft/wp/2012/wp12195.pdf
  36. Raghabendra Chattopadhyay and Esther Duflo (2004) Women as policy makers: Evidence from a randomized policy experiment in India, Econometrica, Issue Volume
  37. Issue 5, pages 1409–1443, September 2004
  38. Sujoy Chakravarty & Carine Sebi & E. Somanathan & Emmanuel Theophilus, 2013. "The Demographics of Cooperation: Evidence from a Field Experiment in the Gori- Ganga Basin," Journal of Economics and Management, College of Business, Feng Chia University, Taiwan, vol. 9(2), pages 231-269, July.
  39. Marianne Bertrand Simeon Djankov Rema Hanna Sendhil Mullainathan (2007) Obtaining a driver’s license in India: an experimental approach to studying corruption, The Quarterly Journal of Economics, , November
  40. Banerjee, Abhijit V, Rukmini Banerji, Esther Duflo, Rachel Glennerster, Stuti Khemani Pitfalls of Participatory Programs: Evidence from a Randomized Evaluation in Education in India, http://righttoeducation.in/sites/default/files/pitfalls_0.pdf
International Trade and Finance
H 620

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

The course will train the students on advanced theories of International trade and recent debates on the situation of Balance of Payment, exchange rate, international monetary system, growth of regionalism, and functioning of WTO,

Course Contents:

  1. Evolution of IT Theory (4 Lectures, 2 tutorials)
    Evolution of international division of labour and economic transactions among countries
  2. Review of theories of trade and trade flows: (4 Lectures, 2 tutorials)
    Comparative advantage and its interpretations, economies of scale, imperfect competition, preference similarity
  3. Arguments for and history of discriminatory commercial policy: (4 Lectures, 2 tutorials)
    Theory of tariff, domestic distortions, strategic trade policies, discriminatory trading arrangements, new protectionism in the post war period, contemporary trade policy conflicts
  4. International trade and underdevelopment: (4 Lectures, 2 tutorials)
    Commodity question, unequal exchange and uneven development, accumulation on global scale, global value chain analysis
  5. International Trading System: (8 Lectures, 2 tutorials)
    From General Agreement on Tariff and Trade (GATT) to the World Trade Organisation (WTO); new areas brought under the trading system, GATS and TRIPS, the Doha Round conflicts
  6. International Finance: (4 Lectures, 2 tutorials)
    Capital account transactions, macro economic interdependence in open economies, the world of mobile finance, monetary integration and its consequences,
  7. Issues in international financial architecture (4 Lectures, 2 tutorials)
    Gold standard, Brettonwoods regime and postBrettonwoods arrangement; the development project in a world of mobile finance

Reference Books

  1. Akyuz, Y (2003) Developing Countries and World Trade: Performance and Prospects, United Nations Conference on Trade and development, Geneva
  2. Caprio, Gerard, Honohan, Patrick and Stiglitz, E Joseph (2001) Financial Liberalisatiojn: How Far, How Fast? Cambridge University Press
The New Institutional Economics
H 619

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

The course will train the students about the important roles played by the property rights, contracts, transaction costs, and norms for economic growth and market exchanges.

Course Contents:

  1. The NIE: (4 classes, 2 tutorials)
    What is it?,
  2. Property Rights I (6 classes, 2 tutorials)
    – Where it all began; Property Rights on Historical Frontiers; Property Rights on Current Frontiers:
  3. Why Don’t We Get It Right? (6 classes, 2 tutorials)
    Why do firms exist? Insights from the NIE for Business Management and Strategy, Technology,
  4. Transaction Costs (6 classes, 2 tutorials)
    Transaction Costs and Contracts in Agriculture, Agricultural Contracts and the Growth of the Welfare State,
  5. Norms and Contracts, (6 classes, 2 tutorials)
    Understanding the Big Picture

Reference Books

  1. Alston, Lee J.: "The New Institutional Economics"
  2. Coase: "The Problem of Social Cost"
  3. Alston, Harris, and Mueller: "Development of Property Rights on Frontiers: Endowments, Norms and Politics"
  4. Baumol: "Entrepreneurship: Productive, Unproductive and Destructive"
  5. Alston, Libecap, and Schneider: "The Determinants and Impact of Property Rights: Census Data and Survey Results for Land Titles on the Brazilian Frontier"
  6. Alston and Mueller: "Property Rights and the State"
  7. Coase: "The Nature of the Firm"
  8. Alston and Gillepsie: "Resource Coordination and Transaction Costs: A Framework for Analyzing the Firm/Market Boundary"
  9. Alston and Higgs: "Contractual Mix in Southern Agriculture Since the Civil War: Facts, Hypotheses and Tests"
  10. Alston and Ferrie: "Paternalism in Agricultural Labor Contracts in the U.S. South: Implications for the Growth of the Welfare State"
  11. Alston, Mattiace, and Nonnenmacher: "Coercion, Culture and Debt-Contracts: The Henequen Industry: Yucatán, Mexico, 1870-1915"
  12. Eggertsson: "Analyzing Institutional Successes and Failures: A Millennium of Common Mountain Pastures in Iceland"
  13. North, Wallis, Webb, and Weingast: "In the Shadow of Violence"
  14. Wallis: "Institutions, Organizations, Impersonality, and Interests: The Dynamics of Institutions"
  15. Alston and Gallo: "Electoral Fraud, the Rise of Peron and Decline in Checks and Balances in Argentina"
  16. Alston, Melo, Mueller, and Pereira: "Beliefs, Leadership, and Critical Transitions: Brazil 1964-2014"
  17. Alston, Melo, Mueller, and Pereira: "Chapter 2: A Conceptual Framework: Beliefs, Leadership and Critical Transitions; Brazil 1964-2014"
  18. Alston, Melo, Mueller, and Pereira: "Part II: Introduction to the Case Study of Brazil, 1964-2014"
  19. Alston, Melo, Mueller, and Pereira: "Chapter 3: From Disorder to Growth and Back: The Military Regime (1964-1985)"
  20. Alston, Melo, Mueller, and Pereira: "Chapter 4: Transition to Democracy and the Belief in Social Inclusion (1985-1994)"
  21. Alston, Melo, Mueller, and Pereira: "Chapter 5: Cardoso seizes a Window of Opportunity"
  22. Alston, Melo, Mueller, and Pereira: "Chapter 6: Deepening Beliefs and Institutions"
  23. Hunt: "Parity, Paternalism and Peonage in the Informal Economy: and Empirical Study of Off-the-books Loans"
  24. Bretsen and Hill: "Irrigation Institutions in the American West"
Indian Industrial Development
H 618

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

This course is designed in such a way that students coming from any other discipline should be exposed to various debates on Industrial development and structural shifts in Indian industries in a historical perspective. It will also familiarize the students with various institutional changes adopted by government of India and their impact. It will also exposures the students towards the demand and supply side issues faced by India’s manufacturing sector under WTO regime.

Course Contents:

  1. Industrial Development in India Since 1951: (4 classes, 2 tutorials)
    An Overview Industrialization strategy: Import Substitution and State control. BoP crisis, SAP and Economic Reforms; Critical issues for discussion in the context of globalization;
  2. New Industrial Policy and Institutional Changes: (4 classes, 2 tutorials)
    Delicensing and de-reservation; Removal of FERA, MRTP etc; FEMA and Competition Policy Act; Debates on Competition.
  3. Overall Industrial Performance under Liberalization: (6 classes, 2 tutorials)
    Structural change; Growth strategies of Business Groups; M&As and market concentration; Growth pattern of Industrial output, value added and employment; Productivity & Technological change.
  4. Small-scale Industries and their new challenges: (4 classes, 2 tutorials)
    Growth and structure of MSMEs; Size distribution of Unorganized and Informal Sector
  5. Disinvestment Strategies and Debates on Privatisation: (4 classes, 2 tutorials)
    Experience of disinvestment; Performance of public sector Enterprises
  6. Industrial finance and Corporate Governance (4 classes, 2 tutorials)
    Foreign investment; Foreign Portfolio investment; Financial Derivates; Capital Market and Role of stock exchange
  7. Challenges ahead for Strengthening Industrialisation in India under WTO regime. (6 classes, 2 tutorials)
    Demand factors; Supply factors such as Infrastructure Development, Energy issues, Environmental issues/Standards on Pollution control, etc. Data base on Industrial Statistics and Methodological Issues.

Reference Books

  1. Bhattacharjea Aditya (2004) Trade, Investment, and Competition Policy: An Indian Perspective in Aaditya Mattoo and Robert M Stern (ed) India and the WTO, The World Bank and Rawat Publications, Jaipur and New Delhi.
  2. Ahluwalia I.J (1985) Industrial Growth In India: Stagnation since the Mid-Sixties, OUP, Delhi.
  3. Amsden A.H (2001) The Rise of “The Rest” Challenges to the West from Late- Industrializing economies, OUP, New York.
  4. Beena PL (2014) Mergers and Acquisitions: India Under Globalisation, Routledge, India and UK.
  5. Bhagwati J N and P Desai (1970) India: Planning for Industrialisation:Trade and Industrialisation Policies 1950-66, Delhi, OUP.
  6. Bagchi Amiya K (1999) Economy and Organisation: Indian Institutions under the Neoliberal Regime, New Delhi, Sage Publications.
  7. Chandrasekhar CP (1988) Aspects of Growth and Structural Change in Indian Industry, EPW, Vol.23, No. 45/47, Pp 2359-2370.
  8. Chandrasekhar CP (2007) India’s Industrial Performance: Revisiting a Debate in Vaidyanathan A and KL Krishna (ed) Institutions & Markets in India’s Development, OUP.
  9. Chandrasekhar CP (2001) Factory Production: An Analysis of Data Availability and Coverage in CP Chandrasekhar and Jandhyala BG Tilak (ed) India’s Socio- Economic Database : Surveys of Selected Areas.
  10. Desai V.V (1971) Pursuit of Industrial Self Efficiency: A Critique of the first Three Plans, EPW, May 1.
  11. Govt. of India (1965) Report of the Monopolies Inquiry Commission.
  12. Hazari R.K (1986) Essays on Industrial Policy, Concept Publishing House, Delhi.
  13. Nagaraj R (1990) Industrial Growth: Further evidence and towards an explanation and issues, EPW, October 13.
  14. Nagaraj R (2003): “Industrial Policy and Performance: Which Way Now?” EPW, Vol. 38, No. 35, August 30.
  15. Nagaraj R (2006): Public Sector Performance since 1950: A Fresh Look, Economic and Political Weekly, Vol. 41, No. 25, June 24-29, 2006.
  16. Nagaraj (2007) Industrial Growth in China and India: A Preliminary Comparison in Vaidyanathan A and KL Krishna (ed) Institutions & Markets in India’s Development, OUP.
  17. Pushpangathan K and N Shanta (2009) The Dynamics of Competition: Understanding India’s Manufacturing Sector, OUP.
  18. Raj K.N (1976) Growth and Stagnation in Indian Industrial Development, EPW, Annual Number, February.
  19. Reed, Darryl and Sanjoy Mukherjee (2004) Corporate Governance, Economic Reforms and Development: The Indian Experience, New Delhi, OUP.
  20. Lall, Sanjaya 2001: Competitiveness, Technology and Skills, Cheltenham, Edward Elgar, 2001.
  21. Mookherjee Dilip 1997(ed): Indian Industry: Policies and Performance, OUP.
  22. Nayyar Deepak 1994(ed): Industrial Growth and Stagnation, OUP.
  23. Singh Ajit and Jayati Ghosh (1988) Import Liberalisation and New Industrial Strategy: An Analysis of their impact on Output and Employment, EPW, Vol.23, No. 45/47,Pp 2313-2342.
  24. Sunanda Sen and Byasdeb Sengupta (2008) Unfreedom and Waged Work: Labour in India’s Manufacturing Industry, Sage Publications.
  25. Uchikava S (2002) (ed): Economic Reforms and Industrial Structure in India, New Delhi, Manohar.
Project Evaluation
H 617

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

The course will provide the rationales for project evaluation, methods of project evaluation, discount rates and practical experiences through case studies.

Course Contents:

Introduction (8 lectures , 3 tutorials)

Meaning of a project and its basic characteristics, Role of Projects in a Development Planning Framework, Stages of Planning and Scope of Projects, Project Cycles:- Ex-Ante Analysis (i.e. conceptualization, identification, technical as well as economic feasibility analysis), 
Project Cycle:- Ex-Post Analysis (i.e., project selection, execution, action plan, monitoring, post-evaluation and reformulation)
Basic Tenets of Project Appraisal/ Evaluation: the Welfare foundations (6 lectures , 2 tutorials) Classical welfare economic analysis, neo-classical economic analysis, new welfare economic analysis,

Approaches and Techniques (8 lectures , 2 tutorials)

Approaches and Steps in Appraisal/ Evaluation, General Criteria of Project Appraisal, Commercial Profitability Analysis / BCA of Projects, Capital Budgeting Decisions in terms of Methods of Investment Criteria, National Economic Profitability Analysis or SBCA of Projects,

Methods Project Appraisal / Evaluation (8 lectures , 3 tutorials) 35

Various Methods: the OECD Method, the UNIDO Guidelines Methods, the World Bank Method, the Effects Method, Significance of Externalities in Project Evaluation, Risk and Uncertainty Analysis,

Case Studies (8 lectures , 2 tutorials)

Water Resource Development Projects, Industrial Projects, Forestry Projects, and Non-conventional
Energy Projects.

Reference Books

  1. Bela Balassa, (1976), “The Effects Method of Project Evaluation”, Oxford Bulletin of Eco. & Statistics, November Issue
  2. IMD Little & James Mirrlees, (1974) “Project Appraisal and Planning for Developing Countries”, Heinemann Educational Books, London
  3. Lyn Squire & HG Van Tak, (1975) “Economic Analysis of Projects”, John Hopkins
  4. Prasanna Chandra, (1986) “Projects Preparation, Appraisal, Budgeting and Implementation”, Tata Mc Graw Hill Publishing Company Ltd, New Delhi
  5. OECD,(1972), “Manual of Industrial Project Analysis in developing Countries-Methodology and Case Studies”, OECD, Paris
  6. UNIDO, (1972), “Guidelines for Project Evaluation” (authored by Amartya sen, Parth Dasgupta & Stephen Marglin),United Nations, New York
  7. UNIDO, (1978), “Manual for the Preparation of Industrial Feasibility Studies, United Nations, New York
  8. UNIDO, (1978), “Guide to Practical Project Appraisal” United Nations, New York
  9. Additional Readings
  10. Lal Deeak, (1972), “Wells and Welfare: An Exploratory Cost-Benefit Study of Small-Scale Irrigation in Maharashtra”
  11. Layard Richard (Ed), (1976), “Cost Benefit Analysis”, Penguin Books Ltd, Middlesex, England
  12. Mishra, S.N.& John Beyer,(1978), “Cost-benefit analysis: a case study of the Ratnagiri Fisheries Project”,
  13. Hindustan Publishing Co
  14. Rath, B. (1980),"Social Benefit Cost Analysis of the Rengali Multi-purpose Project, Orissa". Ph.D. thesis, IIT, Kanpur, (mimeo)
  15. Rath, B. (1984),"A Note on Approaches to Project Evaluation". The India Journal of Economics, Vol.64, Part III, pp.353-360.
  16. Rath, B. & Singhania, R. (1988), "Economic Evaluation of Solar Water Heating System as a Device to Conserve Conventional Fuel in the Dairy Industry". Proceedings Eighth National Symposium on Refrigeration and Air Conditioning, IIT Kanpur, February 26-27, pp. 207-219.
Poverty, Inequality and Human Development
H 616

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

The Course will train the students will the theoretical foundations of poverty, inequality and human development and practical knowledge of different measures of poverty, inequality and Human development

Course Contents:

  1. Poverty (4 lectures , 2 tutorials)
    Concepts, Definitions, dimensions and analytical context
  2. Measures of Poverty (6 lectures, 4 tutorials)
    Headcount index, poverty gap and poverty severity indexes; FGT(Foster-Greer-Thorbecke) family of poverty measures; Sen and Sen-Shorrocks-Thon indexes of poverty and decomposition ; Watts index and exit measure.
  3. Poverty in India (6 lectures, 4 tutorials)
    Definition and measurement of Poverty in India: A Chronological Examination; The Great Indian
    Poverty Debate: A Snapshot; Identification of the Poor in India’s Five year plans.
  4. Poverty Profiles (6 lectures, 4 tutorials)
    Rationale for poverty profile; Presentation of dimensions of poverty; Use of additive poverty measures and poverty comparisons; Poverty comparisons over time: sampling frame and method, adjustment for price differences; Poverty mapping and relative risk.
  5. Inequality Measures (4 lectures , 2 tutorials)
    Difference between inequality and poverty; Measures of Inequality : Lorenz Curve; Gini Coefficient; generalized entropy measures including Theil’s T and Theil’s L., Atkinson’s inequality measure; Axioms of inequality and satisfying conditions of the measures of inequality; Decomposition of inequality measures.
  6. Growth, inequality and Poverty (4 lectures , 2 tutorials)
    Debates on Growth versus inequality and poverty growth linkages.
  7. Multidimensional Poverty (4 lectures , 2 tutorials)
    Properties of multidimensional poverty; Multidimensional poverty measures: issues of identification and aggregation; Multidimensional Poverty Measures.
  8. Human Development (4 lectures , 2 tutorials)
    Human Development Concepts and Approaches ; Introduction to HD Measurement Issues
  9. Growth, inequality and Human Development (4 lectures , 2 tutorials)
  10. Inequality Adjustment and inclusiveness of Human Development (4 lectures , 2 tutorials)
    The need for inequality adjustment in HDI: HDI in India Patterns and Trends; Disaggregating human development: An assessment of inclusiveness; Inter-dimensional response across the three dimensions: the optimal evaluation

Text Books

  1. Readings for Topic 1
  2. Ravallion, Martin. 1992. “Poverty Comparisons: A Guide to Concepts and Methods.” Living
  3. Standards Measurement Surveys Working Paper No. 88, World Bank, Washington, DC.
  4. ———. 1998. “Poverty Lines in Theory and Practice.” Living Standards Measurement Surveys
  5. Working Paper No. 133, World Bank, Washington, DC.
  6. Sen, Amartya. 1987. Commodities and Capabilities. Amsterdam: North-Holland.
  7. World Bank. 2000. World Development Report 2000/2001: Attacking Poverty. Washington, DC:
  8. World Bank.
  9. Readings for Topic 2
  10. Atkinson, Anthony. 1987. “On the Measurement of Poverty.” Econometrica 55: 749–64. Clark,
  11. Stephen, Richard Hemming, and David Ulph. 1981. “On Indices for the Measurementof Poverty.”
  12. Economic Journal 91 (361): 515–26.
  13. Dalton, Hugh. 1920. “The Measurement of the Inequality of Incomes.” Economic Journal 30:384–61.
  14. Foster, James, J. Greer, and Eric Thorbecke. 1984. “A Class of Decomposable Poverty Measures.”
  15. Econometrica 52 (3): 761–65.
  16. Morduch, Jonathan. 1998. “Poverty, Economic Growth, and Average Exit Time.” Economics Letters 59: 385–90.
  17. Ravallion, Martin. 1996. “How Well Can Method Substitute for Data? Five Experiments in Poverty
  18. Analysis.” The World Bank Research Observer 11 (2): 199–221.
  19. Ravallion, Martin, and Shaohua Chen. 2001. “Measuring Pro-Poor Growth.” Policy Research
  20. Working Paper No. 2666, World Bank, Washington, DC
  21. Sen, Amartya K. 1976. “Poverty: An Ordinal Approach to Measurement.” Econometrica 44 (2):219–31.
  22. Xu, Kuan, and Lars Osberg. 2002. “On Sen’s Approach to Poverty Measures and Recent Developments.” Working Paper, Department of Economics, Dalhousie University, Halifax, Nova Scotia.
  23. Zheng, B. 1993. “An Axiomatic Characterization of the Watts Poverty Index.” Economics Letters 42 (1): 81–6.
  24. Readings for Topic 3
  25. Ahluwalia, M. S., ‘Rural Poverty and Agricultural Performance in India’, Journal of Development Studies, April 1978.
  26. Bandyopadhyay, K.R., Poverty Alleviation and Pro-poor Growth in India, New Delhi: Asian Institute of Transport Development, 2007.
  27. Bardhan, P. K., and T N Srinivasan (eds.) Poverty and Income Distribution in India, Calcutta: Indian Statistical Publishing Society, 1974.
  28. Council for Social Development (CSD), India Social Development Report, New Delhi: Oxford University Press, 2006.
  29. Dandekar, V.M. and N. Rath, Poverty in India, 1971, (Pune: Indian School of Political Economy).
  30. Datta, K.L. and Savita Sharma, Facets of Indian Poverty, New Delhi: Concept Publishing, 2002.
  31. Deaton, Angus and Valerie Kozel, The Great Indian Poverty Debate, Delhi: MacMillan, 2005.
  32. Deaton, Angus and Jean Dreze, ‘India’s Food Puzzle: Growth, Poverty and Malnutrition’, paper presented at the International Conference on Microeconomics of Growth in India, organized by ICRIER at New Delhi on December, 2006.
  33. Government of India, ‘Task Force on Projections of Minimum Needs and Effective Consumption Demand’, Perspective Planning Division, Planning Commission, 1979.
  34. Government of India, ‘Study Group on Estimation of Poverty Line’, Perspective Planning Division, Planning Commission, 1984.
  35. Government of India, ‘Report of the Expert Group on Estimation of Proportion and Number of Poor’, Perspective Planning Division, Planning Commission, 1993.
  36. Government of India, ‘Report of the Expert Group on the Methodology for the BPL Census 2009’, Economic and Monitoring Wing, Ministry of Rural Development, Government of India, August, 2009.
  37. Government of India, ‘Report of the Expert Group to Review the Methodology for Estimation of Poverty’, Planning Commission, November, 2009.
  38. Lancaster, G. and R. Ray, ‘On Setting the Poverty Line Based on Estimated Nutrient Prices: Condition of Socially Disadvantaged Groups During the Reform Period’, Economic and Political Weekly, January 1, 2005.
  39. Mehta, J. and S. Venkatraman, ‘Poverty Statistics: Bermicide’s Feast’, Economic and PoliticalWeekly, July 1, 2000.
  40. Palmer-Jones, R. and K. Sen, ‘On India’s Poverty Puzzles and the Statistics of Poverty’, Economic and Political Weekly, January 20, 2001.
  41. Sen, Pronab, ‘‘Of Calories and Things: Reflections on Nutritional Norms, Poverty Lines and Consumption Behaviour in India’, Economic and Political Weekly, October 22, 2005. 31. Saxena, N. C., ‘Poverty Estimates for 1999-2000’, Planning Commission, New Delhi, 2001.
  42. Sen, Amartya, ‘Development as Capability Expansion’, Journal of Development Planning,Vol.19, pp.41-58, 1989.
  43. Subramanian, S., ‘Unraveling a Conceptual Muddle: India’s Poverty Statistics in the Light of Basic Demand Theory’, EPW, January 1, 2005.
  44. World Bank, World Development Report, Washington DC: World Bank, 2001. Readings for Topic 4
  45. Ravallion, Martin, and Monika Huppi. 1991. “Measuring Changes in Poverty: A Methodological Case Study of Indonesia during an Adjustment Period.” World Bank Economic Review5 (1): 57–82.
  46. Huppi, Monika, and Martin Ravallion. 1991. “The Sectoral Structure of Poverty during an Adjustment Period: Evidence for Indonesia in the Mid-1980s.” World Development 19 (12): 1653–78.
  47. Deaton, Angus. 2001. “Computing Prices and Poverty Rates in India, 1999–2000.” Working Paper, Research Program in Development Studies, Princeton University. Readings for Topic 5
  48. Adams, Richard H., Jr. 1999. “Nonfarm Income, Inequality, and Land in Rural Egypt.” PolicyResearch Working Paper No. 2178, World Bank, Washington, DC.
  49. Atkinson, A. B. 1970. “On the Measurement of Inequality.” Journal of Economic Theory 2 (3):244–63.
  50. ———. 1983. The Economics of Inequality, 2nd edition. Oxford: Clarendon Press.
  51. Bourguignon, François, Francisco Ferreira, and Nora Lustig, eds. 2005. The Microeconomics of Income Distribution Dynamics in East Asia and Latin America. Washington, DC: World Bank and Oxford University Press.
  52. Dollar, David, and Paul Glewwe. 1998. “Poverty and Inequality: The Initial Conditions.” In Household Welfare and Vietnam’s Transition, ed. David Dollar, Paul Glewwe, and Jennie Litvack. World Bank Regional and Sectoral Studies. Washington, DC: World Bank.
  53. Duclos, Jean-Yves, and Abdelkrim Araar. 2006. Poverty and Equity: Measurement, Policy and Estimation with DAD. New York: Springer, and Ottawa: International Development Research Centre.
  54. Ferreira, Francisco, and Ricardo Paes de Barros. 2005. “The Slippery Slope: Explaining the Increase in Extreme Poverty in Urban Brazil, 1976–1996.” In The Microeconomics of Income Distribution Dynamics in East Asia and Latin America, ed. François Bourguignon, FranciscoFerreira, and Nora Lustig. Washington, DC: World Bank and Oxford University Press.
  55. Ferreira, M. Luisa. 1996. “Poverty and Inequality during Structural Adjustment in Rural Tanzania.” Policy Research Working Paper No. 1641, World Bank, Washington, DC.
  56. Gottschalk, P., and T. Smeeding. 2000. “Empirical Evidence on Income Inequality in IndustrialCountries.” In Handbook of Income Distribution. Volume 1. Handbooks in Economics, vol.16, 119
  57. Readings for Topic 6
  58. Dollar, David and Aart Kraay (2000). “Growth is good for the poor”, World Bank, Washington DC
  59. Fields, Gary (1989). “Changes in poverty and inequality in developing countries”, World Bank Research Observer, 4:167-186.
  60. Datt, Gaurav (1999): “Has Poverty in India Declined since the Economic Reforms?,”Economic and Political Weekly 34 (December 11-17).
  61. Birdsall, Nancy, D. Ross and R. Sabot (1995). “Inequality and Growth Reconsidered: Lessons from East Asia”, World Bank Economic Review 9(3): 477-508.
  62. Deininger, K. and L. Squire, 1998, New ways of looking at old issues: Inequality and growth, Journal of Development Economics, vol. 57, pp. 259–287.
  63. Ravallion, M(2004),”Pro-poor Growth: A Primer”, Development Research Group, The World Bank, Washington DC.
  64. Ravallion, M. and Chen, S. (1997) “What Can New Survey Data Tell us about Recent Changes in Distribution and Poverty ?”. The World Bank Economic Review. Vol. 11 (2): 357-82
  65. Readings for Topic 7
  66. Alkire, S. and J. Foster. (2008): “Counting and Multidimensional Poverty Measurement”, Working Paper No 7, Oxford Poverty and Human Development Initiative
  67. Bourguignon , F. and S. Chakravarty. (2003): “The Measurement of Multidimensional Poverty”, Journal of Economic Inequality. 1: 25-19.
  68. Deutsch, J. and J. Silber (2005), “Measuring Multidimensional Poverty: An Empirical Comparison of Various Approaches”, Review of Income and Wealth. 51 (1): 145-174.
  69. Readings for Topic 8
  70. Filmer,D. and Scott,K. (2008). Assessing Asset Indices. World bank Policy Research Working Paper No. 4605, World Bank.
  71. Foster, J.E., Lopez-Calva, L. and Szekely,M. (2005). Measuring the distribution of human development: methodology and application to Mexico. Journal of Human Development, 6 ,529.
  72. Foster, J. E. (2000). Path Independent Inequality Measures. Journal of Economic Theory,91 , 199-222.
  73. Grimm, M., Harttgen, K., Klasen, S., & Misselhorn, M.(2008). A Human Development Index by income groups. World Development 36, 2527-2546.
  74. Grimm, M., Harttgen, K., Klasen, S., & Misselhorn, M., Munzi , T., Smeeding, T. (2009). Inequality in Human Development: An Empirical Assessment of 32 Countries. Social Indicators Research, Published on line.
  75. Readings for Topic 9
  76. Filmer,D. and Scott,K. (2008). Assessing Asset Indices. World bank Policy Research Working Paper No. 4605, World Bank.
  77. Foster, J.E., Lopez-Calva, L. and Szekely,M. (2005). Measuring the distribution of human development: methodology and application to Mexico. Journal of Human Development, 6 , 5-29.
  78. Foster, J. E. (2000). Path Independent Inequality Measures. Journal of Economic Theory,91
  79. Grimm, M., Harttgen, K., Klasen, S., & Misselhorn, M.(2008). A Human Development Index by income groups. World Development 36, 2527-2546.
  80. Grimm, M., Harttgen, K., Klasen, S., & Misselhorn, M., Munzi , T., Smeeding, T. (2009).Inequality in Human Development: An Empirical Assessment of 32 Countries. SocialIndicators Research, Published on line.
Environmental and Ecological Economics
H 615

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

This course will provide a broad overview of environmental and ecological economics, natural resource management, climate change, and environmental impact assessment. This course will give the students a practical understanding of economic valuation of ecological services, and environment and how to account for environment in national income accounting and making economic policy decisions.

Course Contents:

  1. Measuring values (6 lectures, 4 tutorials)
    Benefits and costs – overview; total value – use and non-use values of goods; Willingness-to-Pay versus Willingness-to-Accept; economic valuation of changes in human health – mortality and morbidity concepts; statistical value of life; economic valuation of biodiversity – existential value concept
  2. Production Function Approaches to Economic Valuation (6 lectures, 4 tutorials)
    Environmental valuation from market information including prices – dose response function, productivity change method, substitution cost method, illness costs, human capital; applications
  3. Revealed Preference Approaches (6 lectures, 4 tutorials)
    Revealed preference models of valuation – basic theory; Hedonic pricing method – property market and labour market; travel cost method – individual model and zonal model; defensive cost method – defensive costs of decreased drinking water quality; applications
  4. Stated Preference Approaches and Benefit Transfer: (6 lectures, 4 tutorials)
    Contingent valuation method – bias, experimental markets; choice modelling – choice experiment, contingent comparison, contingent scoring, pair comparison; applications; benefit transfer approaches – value transfer in theory and practice.
  5. An introduction to ecological economics (6 lectures, 4 tutorials)
    The economy in the environment – a conceptual framework, Economic accounting, Input–output accounting, National income accounting conventions, National income as the measure of economic performance, National income accounting and the environment, Environmental policy instruments, Choice of environmental policy instruments; Climate change; the nature and extent of the problem, Mitigation targets and instruments, what is being done about the problem?
  6. Biodiversity loss (3 lectures, 1 tutorials)
    The biodiversity-loss problem, why it is a difficult problem, Conservation policy

Reference Books

  1. Common Mick and Sigrid Stagl (2005) Ecological Economics An Introduction, Cambridge University Press, New York.
  2. Haque A. K. Enamul, M.N Murty and Priya Shyamsundar [ed] (2011) Environmental Valuation in South Aisa, Cambridge University Press, Delhi, India.
  3. Ghosh, Nilanjan, Pranab Mukhopadhyay, Amita Shah and Manoj Panda [ed] (2016) Nature, Economy and Society: Understanding the Linkages, Springer, New Delhi.
  4. Bateman, Ian J. et al. (2002) Economic Valuation with Stated Preference Techniques: A Manual, Edward Elgar.
  5. Freeman, A. M.: (2003) The Measurement of Environmental and Resource Values, 2nd Edition, Resources for the Future.
  6. Johansson, P.-O.: Cost-benefit analysis of environmental change, Cambridge University Press, 1993.
  7. Kadekodi, G.K. (ed.) (2004), Environmental Economics in Practice – Case Studies from India, Oxford University Press, Delhi.
  8. Chopra, K. and V. Dayal (ed.) (2009), Handbook of Environmental Economics in India, Oxford University Press, Delhi.
  9. Baumol, W.J. and W.E. Oates (1998), The theory of Environmental Policy, Cambridge University Press.
  10. Kolstad, C. (2000), Environmental Economics, Oxford University Press.
  11. Sankar, U. (2001), Environmental Economics, Oxford University Press, Delhi
Issues in Public Finance
H 613

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

The course will familiarlise the students with various fundamental concepts and issues in public finance and broaden their understanding on major critical areas of public finance policies including administrative, political and economic constraints to reforms. It will develop the competence of the students to identify major issues in public finance for a critical evaluation of policies.

  1. Role of Government and Budgeting (6 lectures, 4 tutorials)
    Measurement of deficits, Budgeting - Performance based budget; Outcome budget,
    Rule based budgeting.
  2. Fiscal Policy & Monetary Policy (4 lectures, 2 tutorials)
    Fiscal Accommodation/ accommodative monetary policy. Ricardian Equivalence
    Theorem (RET): A Critical perspective.
  3. Fiscal Performances (4 lectures, 2 tutorials)
    Of both Center and State governments in India - Expenditure, revenue and deficits trends.
  4. Issues in Public Debt (4 lectures, 2 tutorials)
    Assessment of sustainability of debt - (a) Accounting Approach and (b) Present Value Budget Constraint Approach.
  5. Fiscal Transfer (6 lectures, 4 tutorials)
    Evolution in the Federal Fiscal Mechanism of Transfers: some perspectives on various Finance Commissions’ recommendation and policy design with a specific reference to 12 th , 13th and 14 th FCs.
  6. Equity and Efficiency in Fiscal Transfer (3 lectures, 1 tutorials)
    Assessment of equity aspect in transfer mechanism in Indian context. An International Comparison with other Federal Countries’ Transfer mechanism.
  7. Fiscal Decentralization Experience in India (3 lectures, 1 tutorials)
  8. Taxation (4 lectures, 2 tutorials)
    Optimality in Taxation, Elasticity and Buoyancy, Direct tax and Indirect taxes,
  9. Major Tax reforms. (6 lectures, 4 tutorials)
    Implementation of VAT and GST, Expenditure Reforms and Management, Government subsidy and its implication on the economy.
  10. Fiscal Consolidation and its consequences (2 lectures, 1 tutorials)

Text Books

  1. Aian Schenk & Oliver Oldman (2007) “VAT: A Comparative Approach”, Cambridge University Press.
  2. Bagchi A. (2005) “Readings in Public Finance”, Oxford University Press.
  3. Bagchi, A. (2005) “Symposium on Report of Twelfth Finance Commission: Introduction and Overview”, EPW, Pp.3388-3395.
  4. Bagchi, A. & Stern, N. (1994) “Tax Policy and Planning in Developing Countries”, Oxford University Press.
  5. Barro, R. J. (1974) “Are Government Bonds Net Wealth?’ Journal of Political Economy, 82 (6), Pp. 1095-1170.
  6. Blejer, M, I. and Andrienne, C. (1991) “Measurement of Fiscal Deficits: Analytical and Methodological Issues”, Journal of Economic Literature., 29(4), Pp.1644-78.
  7. Buiter, W. H.(1990) “Principles of Budgetary and Financial Policy”, Harvester Wheatsheafhm, New York.
  8. Diamond, P. (1965) National Debt in a Neoclassical Growth Model”, The American Economic Review, 55(5), Pp.1126-50.
  9. Easterly, W., Roddriguez, A. and Schmidt-Hebbel, K. (eds) (1994) “Public Sector Deficits and Macroeconomic performance”, Oxford University Press for the World Bank, New York.
  10. Ehtisham Ahmed & Giorgio Brosio (2008) “Handbook of Fiscal Federalism”, Edward Elgar publishing ltd.
  11. Gurumurthi, S. (1999) “Fiscal Federalism Towards an Appropriate VAT System for a Federal Economy,” Economic and Political Economy, 2875-2888.
  12. Isaac, T. M. Thomas, P. Chakraborty ( 2008) “Intergovernmental Transfers: Disquieting Trends and the Thirteenth Finance Commission”, Economic and Political Economy, Pp. 86-92.
  13. Kannan, R., S. M. Pillai, R. Kausaliya, J. Chander (2004) “Finance Commission Awards and Fiscal Stability in States”, Economic and Political Economy, Vol.XXXIX(5), Pp.477-491.
  14. Oates, Wallace (1999) “An Essay on Fiscal Federalism”, Journal of Economic Literature, Vol. XXXVII.
  15. Pethe Abhay (2009) “Aide-memoire to the13th Finance Commission on Devolution of Funds”, Economic and Political Economy, Vol. XLIV (24), Pp.16-22.
  16. Rakshit, M. (2000) “On Correcting Fiscal Imbalances in the Indian Economy: Some Perspectives”. ICRA Bulletin. 61
  17. Rao, M. G. (2003) “Reform in Central Sales Tax in the context of VAT,” Economic and Political Economy, EPW, Vol.XXXVII (6), Pp.627-636.
  18. Rao, M. G. (2004) “Linking Central Transfers to Fiscal Performance of States”, Economic and Political Economy, Pp.1820-25.
  19. Rao, R. Kavita (2004) “Impact of VAT on Central and State Finances”, Economic and Political Economy, Pp.2773-2777.
  20. Twelfth FC (Nov. 2004) “Report of 12th FC - 2005-10” .
  21. Thirteenth FC (Dec. 2009) “Report of 13th FC - 20010-15”.
  22. Fourteenth FC (Jan, 2015) Report of 14 th FC -2015-20
Econometrics Theory and Application
H 612

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

The course will familiarise the students with the fundamentals of the applied developments in research methodology, both quantitative and qualitative. It will enable the students to model and analyse empirical social-economic relations in multivariate analytical framework.

Course Contents:

  1. Sampling: (6 lectures, 4 tutorials)
    Sample size and sampling error
    Probability sampling (Simple Random Sampling, Systematic Sampling, Stratified Sampling, Probability Proportional to Size Sampling, and Cluster or Multistage Sampling) and
    Nonprobability sampling (Accidental Sampling, Quota Sampling and Purposive Sampling, Line-intercept sampling, Panel sampling, snowball (chain) sampling).
  2. Multiple Regression with R (6 lectures, 4 tutorials)
    (OLS estimation and interpretation; Violation of assumptions; Simultaneous equation model estimation; Binary and multi-nomial logit and probit models; Tobit model)
  3. Multivariate Analysis with SPSS (8 lectures, 4 tutorials)
    (ANOVA, ANCOVA and MANOVA; Principal components analysis/ Factor analysis
    Multidimensional scaling; Clustering systems; Discriminant analysis)
  4. Time Series Analysis with Gretl/Stata (8 lectures, 4 tutorials)
    (ACF and PAF; Units roots tests; ARIMA model; ARCH/GARCH models; VAR models; Cointegration)
  5. Panel data Analysis with Gretl/Stata (6 lectures, 4 tutorials)
    (Fixed Effects and Random Effects method; Hypotheses testing; Dynamic Panel Data models)

Text Books

  1. Essential Readings
  2. Asteriou, Dimitrios and Hall, Stephen G. (2011) Applied Econometrics 2nd ed. Macmillan.
  3. Baltagi, B. H. (2001) Econometric Analysis of Panel Data, 2nd edition, John Wiley.
  4. Bond, Trvor G., and Fox, Christine M. (2007) Applying the Rasch Model. 2nd ed. Lawrence Erlbaum Associates.
  5. Cameron, A. Colin and Trivedi, Pravin K. (2005). Microeconometrics: Methods and Applications. Cambridge University press. 5. Chambers, R L, and Skinner, C J (editors) (2003), Analysis of Survey Data, Wiley
  6. Cheng, Hsian (1986) Analysis of Panel Data, Cambridge University Press.
  7. Cochran, William G. (1977) Sampling Techniques. 3rd ed. Wiley Eastern.
  8. Denzin, Norman K. and Lincoln, Yvonna S. (ed.) (2005) The Sage Handbook of Qualitative Research. Sage.
  9. Draper, Norman R. and Smith, Harry. (1998). Applied Regression Analysis. Third Edition. Wiley.
  10. Enders, Walter (1995) Applied Econometric Time Series, John Wiley & Sons.
  11. Everitt, Brian S and Dunn, Graham. (2001). Applied Multivariate Data Analysis. Second Edition. Arnold.
  12. Fox, John. (2008). Applied Regression Analysis and Generalized Linear Models. Sage.
  13. Gelman, Andrew and Cortina, Jeronima (ed.) (2009) A Quantitative tour of the Social Sciences. CUP.
  14. Granger, C. W. J. (ed.) (2001) Essays in Econometrics: Collected Papers, Edited by Eric Ghyseis et al., Cambridge University Press.
  15. Greene, William H. (2003). Econometric Analysis Fifth Edition. Pearson Education.
  16. Groves, Robert, et al. (2010) Survey methodology Second edition. Wiley.
  17. Hamilton, J. D. (1994) Time Series Analysis, Princeton University Press.
  18. Hammersley, Martyn (2013) What is Qualitative Research? Bloombury.
  19. Hendry, David F. (1995) Dynamic Econometrics, Oxford University Press.
  20. Holland, Jermey with John Campbell (ed.) (2005) Methods in Development Research: Combining Qualitative and Quantitative Approaches. Practical Action Publishing.
  21. Johnston, J (1984). Econometric Methods. Third Edition. Mcgraw-Hill.
  22. Korn, E.L., and Graubard, B.I. (1999) Analysis of Health Surveys, Wiley
  23. Kmenta, Jan (1971). Elements of Econometrics. Macmillan.
  24. Lutkepohl, Helmut (2006) New Introduction to Multiple Time series Analysis. Springer.
  25. Maddala G. S. and Kim, In-Moo (1998) Unit Roots, Cointegration and Structural Change, Cambridge University Press.
  26. Maddala, G.S. (2002), Introduction to Econometrics, 3rd ed., Wiley.
  27. Makridakis, S., Wheelwright, S. C. and McGee, V. E. (1983) Forecasting – Methods and Applications, Second edition, John Wiley & Sons.
  28. Mills, Terrence C. (1990) Time Series Techniques for Economists, Cambridge University Press.
  29. Mukherjee, C.M. et al. (1998). Econometrics and Data Analysis for Developing Countries, Routledge.
  30. Taylor, Geroge R. (ed.) (2010) Integrating Quantitative and Qualitative Methods in Research. 3rd ed. University Press of America.
  31. Tracy, Sarah J. (2013) Qualitative Research Methods. Wiley-Blackwell.
  32. Verbeek, Marno. (2012). A Guide to Modern Econometrics. 4th Edition. Wiley
Advanced Economic Theory
H 611

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

The Course will train the students with the latest developments in micro and macro theories which provides the solid foundation to carry out research

Micro Economics

  1. Choice under uncertainty (3 classes, 1 tutorial) 
    Theory and application in rural insurance market
  2. Topics in interlinked markets (6 classes, 2 tutorials)
    Imperfect competition and fragmented markets a. rural markets – land, labour and credit
  3. Topics on asymmetric information (4 classes , 2 tutorials)
    Principal agent problem b. Adverse selection
  4. Externalities and public goods (3 classes, 1 tutorials)
  5. Issues in rural urban interactions (2 classes, 1 tutorial)
    Harris-Todaro model
  6. Inequality, occupational choice and human capital (4 classes, 2 tutorials)
    Access to credit market b. Choice of occupation
  7. Poverty and intra-household resource allocation (2 classes, 1 tutorial)

Macro Economics

  1. Inflation (4 classes, 2 tutorials)
    Quantity Theory of Money, Natural rate hypothesis, Models of nominal rigidities, New Keynesian view on inflation, Structuralist view, Welfare costs of inflation
  2. Unemployment (2 classes, 1 tutorial)
    Demand failures and Keynesian unemployment, Search theoretic models of unemployment, Efficiency wage models
  3. Debt and Deficits (4 classes, 1 tutorial)
    Debt-deflation theory of depressions, Public debt sustainability, Ricardian Equivalence
  4. Business Cycles (4 classes, 1 tutorial)
    Keynesian models of endogenous cycles, Growth cycles, Real business cycles, Money and DSGE
  5. Finance in Macroeconomics (4 classes, 1 tutorial)
    Minskian instability hypotheses, Financial bubbles and crashes, the Efficient market hypothesis, Crises and policy responses
  6. Crises (4 classes, 1 tutorial)
    Financial, Fiscal and External: Models of crisis, Great recession, Lessons from the East Asian crisis and Global financial crisis
  7. Stabilisation policy (4 classes, 1 tutorial)
    Monetary and Fiscal Policies: Dynamic inconsistency and rules versus discretion, Policy ineffectiveness, Monetary policy transmission mechanisms, Optimal monetary policy rules, Inflation targeting, Fiscal policy, Coordination of fiscal and monetary policies

Reference Books

  1. Selected Readings for Macro Economics
  2. Alan S. Blinder (1982) issues in the coordination of monetary and fiscal policy, NBER working paper series, NBER working paper series, working paper No. 982.
  3. Barro, R. J. & D. B. Gordon (1983) “Rules, Discretion and Reputation in a Model of Monetary Policy”, Journal of Monetary Economics 12(1): 101-121.
  4. Bean, C., J. Larsen and K. Nikolov (2002) “The Monetary Transmission Mechanism: Theory, Evidence and Policy Implications”, European Central Bank Working Paper No 133: 1-67.
  5. Bernanke, B.S. & F.S. Mishkin (1997) “Inflation Targeting: A New Framework for Monetary Policy,” Journal of Economic Perspectives 11(2): 97-116.
  6. Blanchard, O.J., G. Akerlof, D. Romer, and J. Stiglitz (2014) “Macroeconomic Policy after the Crisis”, Cambridge, Mass: MIT Press.
  7. Boivin, Michael T. Kiley & F.S. Mishkin (2010) “How Has the Monetary Transmission Mechanism Evolved Over Time?”, Handbook of Monetary Economics, Chap.8, 3: 369 422.
  8. Bordo, M. & A. J. Shwartz (1999) “Monetary Policy Regimes and Economic Performance: The Historical Record”, Handbook of Macroeconomics 1: 149-234.
  9. Chari, V. & Kehoe, P. (1999)“Optimal Fiscal and Monetary Policy”, in J. Taylor and M. Woodford (eds.), Handbook of Macroeconomics, Vol.1. Part C, North Holland:1671-1745.
  10. Cross, Rod (ed.) “Unemployment, Hysteresis, and the Natural Rate Hypothesis”, Oxford: Blackwell,1988.
  11. Dixit, A. & Lambertini, L. (2003) “Interactions of Commitment and Discretion in Monetary and Fiscal Policies”, American Economic Review 93:1522-1542.
  12. Domar, E. (1944) “The Burden of the Debt and the National Income”, American Economic Review, 34: 798-827.
  13. Friedman, M. (1967) “The Role of Monetary Policy”, American Economic Review, 58(1):117.
  14. Gali Jordi (2008) “Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework”, Princeton University Press.
  15. Guillermo A. Calvo & Carlos A Vegh (1999) “Inflation Stabilization and BOP Crises in Developing Countries”, Chap.24, Handbook of Macroeconomics, Vol. 1, Part C: 1531-1614.
  16. Hartley, James, Kevin D. Hoover & Kevin D. Salyer(eds.)“Real Business Cycles: A Reader”,London: Routledge, 1998.
  17. Kaldor N. & Trevithick J. (1981) “A Keynesian Perspective on Money, in N. Kaldor”, Collected Economic Essays, 9.
  18. Keynes, J. M. (1936) “The General Theory of Employment, Interest and Money”, London: Macmillan.
  19. Krugman Paul (1979) “A Model of Balance of Payment Crisis”, Journal of Money Credit and Banking 11(3): 311-325.
  20. Krugman, P. (2008) “The Return of Depression Economics and the Crisis of 2008”, New York: W.W. Norton.
  21. Kydland, Finn E & Edward C. Prescott (1977) “Rules rather than Discretion: The Inconsistency of Optimal Plans”, The Journal of Political Economy 85:473-492.
  22. Lucas, R.E. & Sargent, T. J. (1979) “After Keynesian Macroeconomics”, Federal Reserve Bank of Minneapolis Quarterly Review 3:1-16.
  23. Lucas, Robert E., Jr., & Thomas J. Sargent, (eds.) “Rational Expectations and Econometric Practice”, London: Allen and Unwin, 1981.
  24. Maria Luisa Petit (1989) “Fiscal and Monetary Policy Co-Ordination: A Differential Game Approach”, Journal of Applied Econometrics 4 (2):161-179.
  25. Minsky, J. (1986) “Stabilizing an Unstable Economy”, New York: McGraw-Hill.
  26. Mishkin, F.S. & Miguel A. Savastano (2002) “Monetary Policy Strategies for Emerging Market Countries: Case Studies from Latin America”, Comparative Economic Studies 44: 45-82.
  27. Mishkin, F.S. (1995) “Symposium on the Monetary Transmission Mechanism”. Journal of Economic Perspectives 9(4): 3-10.
  28. Mishkin, F.S. (2001) “The Transmission Mechanism and the Role of Asset Prices in Monetary Policy”, NBER Working Paper 8617.
  29. Obstfeld, M. (1986) “Rational and Self-fulfilling Balance-of-Payments Crises”, American Economic Review 76(1): 72-81.
  30. Radelet, S. & J. Sachs (1998) “The East Asian Financial Crisis: Diagnosis, Remedies, Prospects”, Brookings Papers on Economic Activity 29: 1-90.
  31. Romer, D. (2012) “Advanced Macroeconomics”, New York: McGraw-Hill Irwin.
  32. Sargent Thomas J & Neil Wallace (1975) “Rational Expectations, the Optimal Monetary Instruments, the Optimal Money Supply Rule, Journal of Political Economy 83: 241-254.
  33. Stock, J. & M. Watson (1999) “Business Cycle Fluctuations in US Macroeconomic Time Series”, Handbook of Macroeconomics 1:3-64.
  34. Symposium (1997) “The Natural Rate of Unemployment,” Journal of Economic Perspectives, 11(1): 3–108.
  35. Taylor, L. (2004) “Reconstructing Macroeconomics: Structuralist Proposals and Critiques of the Mainstream”, Cambridge, Mass.: Harvard University Press.
  36. W. D. Nordhaus (1994) “Policy Games: Co-ordination and Independence in Monetary and Fiscal Policies”, Brookings Papers on Economic Activity 2:139-216.
  37. Wickens, M. (2012) “Macroeconomic Theory: A Dynamic General Equilibrium Approach”, Princeton: Princeton University Press.
  38. Woodford Michael (2003) “Interest and Prices: Foundations of a Theory of Monetary Policy”, Princeton University Press.

Text Books

  1. Bardhan, P. and C. Udry (1999). Development Microeconomics. Oxford University Press, New Delhi.
  2. Basu, K. (1997). Analytical Development Economics: The Developed Economy Revisited. The MIT Press, Cambridge: M A.
  3. Jehle, G. A. and P. J. Reny (2006). Advanced Microeconomic Theory. 2nd Edn. Pearson Education, New Delhi.
  4. Kreps, D. (1999). A Course in Microeconomic Theory. Prentice Hall, New Delhi.
  5. Mas-Collel, A., M. D. Whinston and J. R. Green (2006). Oxford University Press, New Delhi.
  6. Ray, D. (1999). Development Economics. Oxford University Press, New Delhi.
  7. Sen, A. (1996). Industrial Organization. Oxford University Press: New Delhi.
  8. Journal Papers:
  9. Banerjee, A. V. & Newman, A. F. (1993), 'Occupational Choice and the Process of Development',
  10. Journal of Political Economy 101(2), 274-298.
  11. Dasgupta, P. & Ray, D. (1987), 'Inequality as a Determinant of Malnutrition and Unemployment:
  12. Policy', The Economic Journal 97(385), 177--188.
  13. Dasgupta, P. & Ray, D. (1986), 'Inequality as a Determinant of Malnutrition and Unemployment:
  14. Theory', The Economic Journal 96(384), 1011--1034.
  15. Bardhan, P. (1980). Interlocking Factor Markets and Agrarian Development: A Review of Issues.
  16. Oxford Economic Papers, Vol. 32, No. 1, 82-98.
  17. Bhaduri, A. (1973). Agricultural Backwardness under Semi-Feudalism. Economic Journal, Vol. 83,
  18. 120-37.
  19. Harris, J. R. and M. P. Todaro (1970). Migration, Unemployment and Development: A Two-Sector
  20. Analysis. The American Economic Review, Vol. 60, No. 1, 126-142.
Translation and Culture: Issues and Perspectives
HS 636

Approval: English, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Amos, F. R. R. (1973). Early Theories of Translation. New York: Octagon.
  2. Anderman, G. (2005). Europe on Stage: Translation and Theatre. London: Oberon Books.
  3. Bassnett, S. (1980). Translation Studies. London: Routledge.
  4. Bassnett, S. and Lefevere, A. (1998). Constructing Cultures: Essays on LiteraryTranslation.
  5. Clevedon: Multilingual matters.
  6. Bassnett, S. and Trivedi, H, eds. (1999). Postcolonial Translation: Theory and Practice. London: Routledge.
  7. Bly, R. (1983). The Eight Stages of Translation. Boston: Rowan Tree.
  8. Casetti, Francesco (1999). Inside the Gaze. Bloomington: Indiana UP.
  9. Chaudhuri, S. (1999). Translation and Understanding. Delhi: Oxford University Press.
  10. Cheyfitz, E. (1991). The Poetics of Imperialism: Translation and Colonization from The Tempest to Tarzan. London: Oxford University Press.
  11. Cronin, M. (2003). Translation and Globalization. London: Routledge.
  12. Katan, D. (2004). Translating Cultures. Manchester: St. Jerome.
  13. Kothari, R. (2003). Translating India. Manchester: St Jerome.
  14. Kreiswirth, M. and Cheetham, M. A., eds. (1990). Theory Between theDisciplines: Authority / Vision / Politics. Ann Arbor: The University of Michigan Press.
  15. Lefevere, A. (1992). Translation, Rewriting and the Manipulation of Literary Fame. London: Routledge.
  16. Mukherjee, Sujit (2012). Translation as Discovery and other Essays. New Delhi: Orient Blackswan.
  17. Toury, G. (1980). In Search of a Theory of Translation. Tel Aviv: Porter Institute.
  18. Venuti, Lawrence (2008). The Translator’s Invisibility. London: Routledge.
Writings of the South Asian Diaspora
HS 635

Approval: English, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Baldwin, Shauna Singh (2009). We Are Not in Pakistan. New Delhi: Rupa.
  2. Kureishi, Hanif (1990). The Buddha of Suburbia. New York: Viking.
  3. Rushdie, Salman (1992). Imaginary Homelands: Essays and Criticism, 1981-91. London: Penguin. Suggested References
  4. Bose, Neilesh, Ed. (2009). Beyond Bollywood and Broadway: Plays from the South Asian
  5. Diaspora. Bloomington: Indiana University Press. (selected plays)
  6. Diane McGifford, Ed. (1992). Geography of Voice: Canadian Literature of the South Asian Diaspora. Toronto: TSAR.
  7. Mishra, Vijay (2007). The Literature of the Indian Diaspora: Theorizing the Diasporic Imaginary. London: Routledge.
  8. Nasta, Susheila (2001). Home truths: Fictions of the South Asian Diaspora in Britain. London: Palgrave – Macmillan.
  9. Paranjape, Makarand (2001). In Diaspora: Theories, Histories, Texts. New Delhi: Indialog Publications.
  10. Pirbhai, Mariam (2009). Mythologies of Migration, Vocabularies of Indenture: Novels of the
  11. South Asian Diaspora in Africa, the Caribbean and Asia-Pacific. Toronto: Univ. of Toronto Press.
  12. Refiq, Fauzia, Ed. (1995). Aurat Durbar: Writings by Women of South Asian Origin. Toronto: Second Story Press.
  13. Said, Edward (2002). Reflections on Exile. Cambridge: Harvard UP.
The Idea of the Nation in Indian English Fiction
HS 633

Approval: English, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Anderson, Benedict (1998). Imagined Communities. London: Verso.
  2. Bates, Crispin (2006). Beyond Representation:Colonial and Postcolonial Constructions of Indian Identity. London: OUP.
  3. Chatterjee, Partha (1993). The Nation and its Fragments. NJ: Princeton UP.
  4. Hobsbawm, E.J. (2012). Nations and Nationalism since 1780. Cambridge: Cambridge UP.
  5. Kedourie, Elie (1993). Nationalism. London: Blackwell.
  6. Khair, Tabish. (2005). Babu Fictions: Alienation in Contemporary Indian English Novels. London: OUP.
  7. Khilnani, Sunil (1999). The Idea of India. NY: Farrar, Strauss & Giroux.
  8. Mukherjee, Meenakshi. (2001). The Perishable Empire: Essays on Indian Writing in English.London: OUP.
  9. Mukherjee, Meenakshi. (1972). The Twice Born Fiction. Portsmouth: Heinemann.
  10. Mukherjee, Meenakshi. (1996). Realism and Reality: The Novel and Society in India. London: OUP.
The Modern European Novel
HS 632

Approval: English, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Agamben, Giorgio (2005).State of Exception. Chicago: Univ. of Chicago Press.
  2. Badiou, Alain (2013). Being and Event. London: Bloomsbury.
  3. Bakhtin, Mikhail (1988). Dialogic Imagination. Austin: Univ. of Texas Press.
  4. Barthes, Roland. (1983). A Barthes Reader, ed. by Susan Sontag. New York; Hill and Wang.
  5. Brink, André. (1998). The Novel: Language and Narrative from Cervantes to Calvino. New York: NYU Press.
  6. Derrida, Jacques. (2006). Spectres of Marx. London: Routledge.
  7. Freud, Sigmund (2010). Civilization and its Discontents.NY: W.W. Norton.
  8. Kundera, Milan. (2003). The Art of the Novel. London: Penguin.
  9. Lukács, Georg. (2002). Studies in European Realism. New York: Howard Fertig.
  10. Mander, Jenny. (2007). Remapping the Rise of the European Novel. Oxford: Voltaire Foundation.
  11. Nabokov, Vladimir. (2002). Lectures on Literature. NY: Mariner Books.
  12. Nash, Christopher. (1988). World-games: The Tradition of Anti-realist Revolt. London: Routledge.
Humanities and the Institutional Space
HS 631

Approval: English, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Aristotle (1996). Poetics. London: Penguin.
  2. Bourdieu, Pierre (1988). Homo Academicus. London: Polity.
  3. Derrida, Jacques (2016). Dissemination.London: Bloomsbury.
  4. Foucault, Michel (2010). ‘Biopolitique:’Lectures. London: Picador.
  5. Freire, Paulo (2014). Pedagogy of Hope.London: Bloomsbury.
  6. Heidegger, Martin (2008).“On the origin of the work of art,”Basic Writings.New York: Harper Collins.
  7. Kant, Immanuel (2007). Critique of Pure Reason. London:Penguin.
  8. Lefebvre, Henri (1991). Production of Space. Oxford: Blackwell.
  9. Levinas, Emmanuel (2000). Entre Nous. New York: Columbia UP
  10. Locke, John (2014). An essay concerning human understanding.London: Wordsworth.
  11. Poovey, Mary (1998). A History of the Modern Fact.Chicago: University of Chicago press.
  12. Ranciere, Jacques (1991). The Ignorant Schoolmaster.Redwood:Stanford UP.
  13. Readings, Bill (1997). University in Ruins. Cambridge: Harvard UP.
  14. Tafuri, Manfredo (1976). Architecture and Utopia. Cambridge: MIT Press.
Black Intellectual Traditions and the Narratives of Race in America
H 634

Approval: English, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Boxill, Bernard R (1810). Blacks and Social Justice. NY: Rowman & Littlefield.
  2. Edwards, Brent Hayes (2003). The Practice of Diaspora: Literature, Translation and the
  3. Rise of Black Internationalism. Cambridge: Harvard UP.
  4. Gates, Henry Louis (1989).The Signifying Monkey. London: OUP.
  5. Morrison, Toni (1993). Playing in the Dark: Whiteness and the Literary Imagination. NY: Vintage.
  6. Napier, Winston (2000). African American Literary Theory: A Reader. NY: NYU Press.
  7. Pittman, John P. (1996). African American Perspectives and Philosophical Traditions. London: Routledge
Business Ethics
H 656

Approval: Psychology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Ethics and the Conduct of Business, by John R. Boatright, 4th ed, Pearson Education.
  2. Business Ethics: An Indian Perspective, by A.C. Fernando, Pearson Education.
  3. Business Ethics: Concepts and Cases, by Manuel G. Velasquez, 6th ed, Prentice Hall India.
  4. Perspectives in Business Ethics, by Laura P. Hartman and Abha Chatterjee, 3rd ed, McGraw- Hill.
Cross cultural Psychology
H 655

Approval: Psychology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Cross-Cultural Psychology by Shiraev, E. & Levy, D. 4th ed.
  2. Cross-cultural Psychology: Research and Applications by Berry, J., Poortinga, Y.H., Segall, M.H., &Dasen, P.R. 2nd ed, Cambridge University Press.
  3. Human Behavior in Global Perspective: An introduction to cross-cultural psychology by Segall, Marshall H.Dasen, Pierre R.Berry, John W.Poortinga, Ype H. Elmsford, Pergamon General psychology Series, Vol. 160, NY, US: Pergamon Press. (1990)
  4. Handbook of Cross-cultural Psychology: Basic processes and human development by John W. Berry, Ype H. Poortinga, Janak Pandey, Allyn &Bacon.
  5. Understanding Cross Cultural Psychology: Eastern and Western Perspectives by Pittu D Laungani, Sage South Asia.
Positive Psychology
H 654

Approval: Psychology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Character Strengths and Virtues: A Handbook and Classification by C. Peterson and M.E.P. Seligman. American Psychological Association and Oxford University Press.
  2. Handbook of Positive Psychology by C. R. Snyder and S. J. Lopez.
  3. A Primer in Positive Psychology by C. Peterson.
  4. Introduction to Positive Psychology by William Compton.
  5. Positive Psychology: The Scientific and Practical Explorations of the Human Strengths by C. R. Snyder and S. J. Lopez.
  6. The Optimistic Child by M.E.P. Seligman, K. Reivich, L. Jaycox and J. Gilham.
Organizational Change and Development
H 653

Approval: Psychology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. An Experiential Approach to Organization Development by D.R. Brown and D. Harvey.
  2. Organization Development and Transformation by Wendell L. French, Cecil H. Bell, Jr. and Robert Zawacki.
  3. Managing Organizational Change: A Multiple Perspective Approach by I. Palmer, R. Dunford, and G Akin.
  4. Organizational Development and Change by T.G. Cummings and C.G.Worley
Leadership
H 652

Approval: Psychology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Organizational Behaviour by K.Davis and J.W.Newstrom.
  2. Organizational Change Through Effective Leadership by R. Guest, P.Hersey and K.Blanchard
  3. The Cultural Context of Leadership and Power byJ.B.P.Sinha
  4. Servant Leadership: A Journey into the Nature of Legitimate Power and Greatness by R.K.Greenleaf.
  5. Business Gurus Speak by S.N. Chary
  6. Business Maharajas by Gita Piramal
Organizational Behaviour
H 651

Approval: Psychology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Organizational Behaviour by Margie Parikh and RajenGupta , 1st edn, Tata McGraw Hill.
  2. Organizational Behaviour by Stephen Robbins, 11th edn, Prentice-Hall India
  3. Organizational Behaviour by Fred Luthans, 10th ed, McGraw-Hill International edition.
  4. Understanding Organizational Behaviour by U. Pareekh and S. Khanna, 3rd edn, Oxford University Press.
  5. Organizational Behaviour: human behaviour at work by J.W. Newstrom and K.Davis, McGraw Hill.
Quantitative Research Methods 1
HS 676

Approval: Sociology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Babbie, E. R. (2009). The Practice of Social Research. New York: Wadsworth Publishing.
  2. Booth, W. (2003) The Craft of Research. London: The University of Chicago Press.
  3. Black, T. R.(1999). Doing Quantitative Research in Social Sciences: An Integrated Approach to Research Design, Measurement and Statistics. London: Sage Publications.
  4. Cooper, R. A. and Weekes, A. J. (1983), Data, Models and Statistical Analysis. New Jeresy: Barnes and Noble Books.
  5. Fowler, F. J. (2009). Survey Research Methods (Applied Social Research Methods). London: Sage Publications.
  6. Gupta, S. C. and Kapoor V. K. (2014). Fundamentals of Mathematical Statistics. New Delhi: S. Chand.
  7. Graham, Kalton. (1983). Introduction to survey sampling. Newbury Park: Sage.
  8. Henry, G. T. (1995). Graphing Data - Techniques for Display and Analysis. Thousand Oaks, CA: Sage Publications.
  9. Healey, J. F. (2005). Statistics: A Tool for Social Research. Belmont: Wadsworth Publishing.
  10. Huck, S. W. (2007). Reading Statistics and Research. Boston: Allyn and Bacon.
  11. Maxim, P. S. (1999). Quantitative Research Methods in the Social Sciences. Oxford: Oxford University Press.
  12. Nachmias, C. Frankfort and Leon-Guerrero. (2006) A. Social Statistics for a Diverse Society, Thousand Oaks, CA: Pine Forge Press.
  13. Shadish, W. R. and Cooke, T. (2011) Experimental and Quasi-Experimental Designs for Field Research. London: Routledge Academic, London.
  14. VanLeeuwen, T. and Jewitt, C. (eds.) (2001). Handbook of Visual Analysis. London: Sage Publications.
  15. Wagner, William E. (2014).Using IBM SPSS Statistics for Research Methods and Social Science Statistics. Sage Publications.
Qualitative Research Methods
HS 675

Approval: Sociology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Bailey, Carol A. 2007. A Guide to Qualitative Field Research, (2nd ed.). Thousand Oaks, CA: Sage Publications.
  2. Berg, Bruce L. 2007. Qualitative Research Methods for the Social Sciences, (6th ed.). MA: Pearson Education.
  3. Esterberg, Kristin G. 2002. Qualitative Methods in Social Research. Boston, MA: McGraw- Hill Higher Education.
  4. Mason, Jennifer. 2002. Qualitative Researching, (2nd ed.). Thousand Oaks, CA: Sage Publications.
  5. Michael Q. Patton. 2002. Qualitative Evaluation and Research Methods, (3rd ed.). Newbury Park, CA: Sage Publications.
  6. Morgan, David L. 1997. Focus Groups as Qualitative Research, (2nd ed.). Thousand Oaks, CA: Sage Publications.
  7. Berg, B., and H. Lune. 2012. Qualitative Methods for the Social Sciences, pp. 61-87.
  8. Stein, Arlene. 2010. “Sex, Truths, and Audiotape: Anonymity and the Ethics of Exposure in Public Ethnography.” Journal of Contemporary Ethnography 39(5) 554–568. A2L Topics: Ethical questions and controversies in conducting research.
  9. Berg, B., and H. Lune. 2012. Qualitative Methods for the Social Sciences, pp. 196-216. Topics: Entering the field; doing observation.
Contemporary Sociological Theory
HS 674

Approval: Sociology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Suggested References:
  2. Abbott, Andrew. (2001). The Chaos of disciplines. Pp. 3-33. In Chaos of Disciplines. Chicago: University of Chicago Press.
  3. Alexander, J. C. (1998). Neofunctionalism and After. Basil Blackwell.
  4. Archer, M. (1982). Morphogenesis versus structuration: On combining structure and action, The British Journal of Sociologygy 33(4): 455–83.
  5. Baudrillard, Jean. (2008). Simulacra and Simulations. Pp. 230-234. In The New Social Theory Reader, Second Edition, edited by Steven Seidman and Jeffrey Alexander. New York: Routledge.
  6. Bauman, Z. (1992). Imitations of Post Modernity. London: Routledge.
  7. Burt, R. S. (2004). Structural holes and good ideas, American Journal of Sociology, 110 (2). 349-399.
  8. Blumer, Herbert. (1969). Society as Symbolic Interaction. Pp. 78-89. In Symbolic Interactionism: Perspective and Method. Berkeley: University of California Press.
  9. Craig Calhoun, C., Joseph G., Moody, James J. Pfaff, S. and Virk. I. (eds.) (2012). Contemporary Sociological Theory. UK: Blackwell.
  10. D. Layder, (1994). Understanding Social Theory. London: Sage Publications.
  11. Emirbayer, Mustafa and Jeff Goodwin. (1994). Network analysis, culture, and the problem of agency. American Journal of Sociology 99: 1411-54.
  12. Goffman, Erving. (1959). The Presentation of Self in Everyday Life. New York: Doubleday. Selection: Pages 17-76.
  13. Garfinkel, Harold. (1967). Studies of the routine grounds of everyday activities. Pp. 35- 75. In Studies in Ethnomethodology. Cambridge: Polity Press.
  14. Granovetter, Mark.(1985). Economic action and social structure the problem of embeddness. American Journal of Sociology, 91 (3).481-510.
  15. Horkheimer, Max. (1989). Traditional and critical Theory. Pp. 171-178. In An Anthology of Western Marxism: From Lukacs and Gramsci to Socialist-Feminism, edited by Roger Gottlieb. New York: Oxford University Press.
  16. Habermas, Jürgen. (1998). Civil Society and the Political Public Sphere. Pp. 359-387. In Between Facts and Norms: Contributions to a Discourse Theory of Law and DemocracyCambridge: MIT Press.
  17. Habermas, Jürgen. (2009). Political Communication in Media Society: Does Democracy Still Have an Epistemic Dimension? The Impact of Normative Theory on Empirical Research. Pp. 138-183. In Europe: The Faltering Project. New York: Polity Press.
  18. Homans George C. (1958). Social behaviour as exchange. American Journal of Sociology 63: 579-606.
  19. Luhmann, N. (1995).Social Systems. Stanford: Stanford University Press.
  20. Marcuse, Herbert. (1968/2000). Philosophy and critical theory. Pp. 357-362. In Social Theory: Roots and Branches, edited by Peter Kivisto. Los Angeles: Roxbury Publishing.
  21. Schutz, Alfred. (1973). Some leading concepts of phenomenology. Pp. 99-117. In Collected Papers: The Problem of Social Reality, edited by Maurice Natanson. The Hague: Martinus Nijhoff.
  22. Sewell, William H., Jr. (1992). A Theory of Structure: Duality, Agency, and Transformation. The American Journal of Sociology 98, 1 (July): 1-29.
Sociology of Development
HS 673

Approval: Sociology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Allen, T. and Thomas, A. 2000. Poverty and Development into the 21st century, Oxford: Oxford University Press
  2. Bernstein, H., 1971. Modernization theory and the sociological study of development”. Journal of 7 Development Studies, 7(2), pp.141-160.
  3. Derze, Jean and Sen, Amartya. 1998. India: Economic Development and Social Opportunity. O.U.P, New Delhi.
  4. Harrison, D. H. 1958. The Sociology of Modernization and Development. Routledge, London.
  5. Heyter, Teresa. 1971. Aid as Imperialism, Pelican
  6. Myrdal, Gunnar. 1989. The Equality Issue in World Development – The American Economic Review, vol 79, no 6, Dec 1989
  7. Nussbaum, M. (2003) “Capabilities and Social Justice.” International Studies Review, 4(2), pp. 123- 135.
  8. Osorio, Leonardo et al (2005) “Debates on sustainable development: towards a holistic view of reality”. Environment, Development and Sustainability 7: 501-518.
  9. Planning Commission of India: various reports and working papers
  10. Preston, P.W. 1982. The Theories of Development. Routledge, London.
  11. Sen, A. (1999) "Development as Freedom" New York: Alfred A. Knopf. Introduction and chapters 1 and 2.
  12. UNDP. Various Years. Human Development Report.
  13. Wallerstein, Immanuel. 1992. “The Concept of National Development, 1917-1989: Elegy and Requiem.” American Behavioral Scientist, 45(4/5): 517-529. Also published in: Wallerstein, Immanuel. 1995. After Liberalism. New York: The New Press, pp. 108-124. http://abs.sagepub.com/content/35/4-5/517.full.pdf
  14. Webster, Andrew. 1984. Introduction to Sociology of Development. McMillan, London.
Information and Society (Theory)
HS 672

Approval: Sociology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Anderson, Benedict. (1983). Imagined Communities: Reflections on the Origin and Spread of Nationalism, second edition. Verso, 1991.
  2. Boudrillard, Jean (1985). The masses the implosion of the social in the media. New Literary History, 16 (3): 577-589.
  3. Baudrillard, Jean. (1976). Symbolic Exchange and Death. Translated by Iain Hamilton Grant. Introduction by Mike Gane. Sage, 1993.
  4. Bell, Daniel. (1973). The Coming of Post Industrial Society: A Venture in Social Forecasting Harmondsworth: Penguin, 1976.
  5. Castells, Manuel. (1999). An introduction to information age. In Hugh Mackay and Tim O Sullivan (eds.) The Media Reader: Continuity and Transformation. London: Sage
  6. Castells, Manuel. (1996). The Rise of the Network Society. Oxford: Blackwell.
  7. Drucker, Peter F. (1993). Post -Capitalist Society. New York: HarperCollins.
  8. Duff, Alistair S. (2000). Information Society Studies. Routledge.
  9. Giddens, Anthony. (1991). The Consequence of Modernity. Cambridge: Polity
  10. Habermas, Jurgen. (1974).The public sphere. New German Critique 3: 49-55.
  11. Habermas, Jürgen (1962). The Structural Transformation of the Public Sphere: An Inquiry into a Category of Bourgeois Society. Translated by Thomas Burger with the assistance of Frederick Lawrence. Cambridge: Polity, 1989.
  12. Jay, Martin (1973). The genesis of critical theory. In The Dialectical Imagination, Little, Brown & Co.
  13. Karl Marx, Preface to Contribution to a Critique of Political Economy (1859).
Classical Sociological Theory
HS 672

Approval: Sociology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Anderson, Benedict. (1983). Imagined Communities: Reflections on the Origin and Spread of Nationalism, second edition. Verso, 1991.
  2. Boudrillard, Jean (1985). The masses the implosion of the social in the media. New Literary History, 16 (3): 577-589.
  3. Baudrillard, Jean. (1976). Symbolic Exchange and Death. Translated by Iain Hamilton Grant. Introduction by Mike Gane. Sage, 1993.
  4. Bell, Daniel. (1973). The Coming of Post Industrial Society: A Venture in Social Forecasting Harmondsworth: Penguin, 1976.
  5. Castells, Manuel. (1999). An introduction to information age. In Hugh Mackay and Tim O Sullivan (eds.) The Media Reader: Continuity and Transformation. London: Sage
  6. Castells, Manuel. (1996). The Rise of the Network Society. Oxford: Blackwell.
  7. Drucker, Peter F. (1993). Post -Capitalist Society. New York: HarperCollins.
  8. Duff, Alistair S. (2000). Information Society Studies. Routledge.
  9. Giddens, Anthony. (1991). The Consequence of Modernity. Cambridge: Polity
  10. Habermas, Jurgen. (1974).The public sphere. New German Critique 3: 49-55.
  11. Habermas, Jürgen (1962). The Structural Transformation of the Public Sphere: An Inquiry into a Category of Bourgeois Society. Translated by Thomas Burger with the assistance of Frederick Lawrence. Cambridge: Polity, 1989.
  12. Jay, Martin (1973). The genesis of critical theory. In The Dialectical Imagination, Little, Brown & Co.
  13. Karl Marx, Preface to Contribution to a Critique of Political Economy (1859).
Information and Society (Theory)
HS 672

Approval: Sociology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Anderson, Benedict. (1983). Imagined Communities: Reflections on the Origin and Spread of Nationalism, second edition. Verso, 1991.
  2. Boudrillard, Jean (1985). The masses the implosion of the social in the media. New Literary History, 16 (3): 577-589.
  3. Baudrillard, Jean. (1976). Symbolic Exchange and Death. Translated by Iain Hamilton Grant. Introduction by Mike Gane. Sage, 1993.
  4. Bell, Daniel. (1973). The Coming of Post Industrial Society: A Venture in Social Forecasting Harmondsworth: Penguin, 1976.
  5. Castells, Manuel. (1999). An introduction to information age. In Hugh Mackay and Tim O Sullivan (eds.) The Media Reader: Continuity and Transformation. London: Sage
  6. Castells, Manuel. (1996). The Rise of the Network Society. Oxford: Blackwell.
  7. Drucker, Peter F. (1993). Post -Capitalist Society. New York: HarperCollins.
  8. Duff, Alistair S. (2000). Information Society Studies. Routledge.
  9. Giddens, Anthony. (1991). The Consequence of Modernity. Cambridge: Polity
  10. Habermas, Jurgen. (1974).The public sphere. New German Critique 3: 49-55.
  11. Habermas, Jürgen (1962). The Structural Transformation of the Public Sphere: An Inquiry into a Category of Bourgeois Society. Translated by Thomas Burger with the assistance of Frederick Lawrence. Cambridge: Polity, 1989.
  12. Jay, Martin (1973). The genesis of critical theory. In The Dialectical Imagination, Little, Brown & Co.
  13. Karl Marx, Preface to Contribution to a Critique of Political Economy (1859).
Quantitative Research Methods 1
HS 676

Approval: Sociology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Babbie, E. R. (2009). The Practice of Social Research. New York: Wadsworth Publishing.
  2. Booth, W. (2003) The Craft of Research. London: The University of Chicago Press.
  3. Black, T. R.(1999). Doing Quantitative Research in Social Sciences: An Integrated Approach to Research Design, Measurement and Statistics. London: Sage Publications.
  4. Cooper, R. A. and Weekes, A. J. (1983), Data, Models and Statistical Analysis. New Jeresy: Barnes and Noble Books.
  5. Fowler, F. J. (2009). Survey Research Methods (Applied Social Research Methods). London: Sage Publications.
  6. Gupta, S. C. and Kapoor V. K. (2014). Fundamentals of Mathematical Statistics. New Delhi: S. Chand.
  7. Graham, Kalton. (1983). Introduction to survey sampling. Newbury Park: Sage.
  8. Henry, G. T. (1995). Graphing Data - Techniques for Display and Analysis. Thousand Oaks, CA: Sage Publications.
  9. Healey, J. F. (2005). Statistics: A Tool for Social Research. Belmont: Wadsworth Publishing.
  10. Huck, S. W. (2007). Reading Statistics and Research. Boston: Allyn and Bacon.
  11. Maxim, P. S. (1999). Quantitative Research Methods in the Social Sciences. Oxford: Oxford University Press.
  12. Nachmias, C. Frankfort and Leon-Guerrero. (2006) A. Social Statistics for a Diverse Society, Thousand Oaks, CA: Pine Forge Press.
  13. Shadish, W. R. and Cooke, T. (2011) Experimental and Quasi-Experimental Designs for Field Research. London: Routledge Academic, London.
  14. VanLeeuwen, T. and Jewitt, C. (eds.) (2001). Handbook of Visual Analysis. London: Sage Publications.
  15. Wagner, William E. (2014).Using IBM SPSS Statistics for Research Methods and Social Science Statistics. Sage Publications.
Qualitative Research Methods
HS 675

Approval: Sociology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Bailey, Carol A. 2007. A Guide to Qualitative Field Research, (2nd ed.). Thousand Oaks, CA: Sage Publications.
  2. Berg, Bruce L. 2007. Qualitative Research Methods for the Social Sciences, (6th ed.). MA: Pearson Education.
  3. Esterberg, Kristin G. 2002. Qualitative Methods in Social Research. Boston, MA: McGraw- Hill Higher Education.
  4. Mason, Jennifer. 2002. Qualitative Researching, (2nd ed.). Thousand Oaks, CA: Sage Publications.
  5. Michael Q. Patton. 2002. Qualitative Evaluation and Research Methods, (3rd ed.). Newbury Park, CA: Sage Publications.
  6. Morgan, David L. 1997. Focus Groups as Qualitative Research, (2nd ed.). Thousand Oaks, CA: Sage Publications.
  7. Berg, B., and H. Lune. 2012. Qualitative Methods for the Social Sciences, pp. 61-87.
  8. Stein, Arlene. 2010. “Sex, Truths, and Audiotape: Anonymity and the Ethics of Exposure in Public Ethnography.” Journal of Contemporary Ethnography 39(5) 554–568. A2L Topics: Ethical questions and controversies in conducting research.
  9. Berg, B., and H. Lune. 2012. Qualitative Methods for the Social Sciences, pp. 196-216. Topics: Entering the field; doing observation.
Contemporary Sociological Theory
HS 674

Approval: Sociology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Suggested References:
  2. Abbott, Andrew. (2001). The Chaos of disciplines. Pp. 3-33. In Chaos of Disciplines. Chicago: University of Chicago Press.
  3. Alexander, J. C. (1998). Neofunctionalism and After. Basil Blackwell.
  4. Archer, M. (1982). Morphogenesis versus structuration: On combining structure and action, The British Journal of Sociologygy 33(4): 455–83.
  5. Baudrillard, Jean. (2008). Simulacra and Simulations. Pp. 230-234. In The New Social Theory Reader, Second Edition, edited by Steven Seidman and Jeffrey Alexander. New York: Routledge.
  6. Bauman, Z. (1992). Imitations of Post Modernity. London: Routledge.
  7. Burt, R. S. (2004). Structural holes and good ideas, American Journal of Sociology, 110 (2). 349-399.
  8. Blumer, Herbert. (1969). Society as Symbolic Interaction. Pp. 78-89. In Symbolic Interactionism: Perspective and Method. Berkeley: University of California Press.
  9. Craig Calhoun, C., Joseph G., Moody, James J. Pfaff, S. and Virk. I. (eds.) (2012). Contemporary Sociological Theory. UK: Blackwell.
  10. D. Layder, (1994). Understanding Social Theory. London: Sage Publications.
  11. Emirbayer, Mustafa and Jeff Goodwin. (1994). Network analysis, culture, and the problem of agency. American Journal of Sociology 99: 1411-54.
  12. Goffman, Erving. (1959). The Presentation of Self in Everyday Life. New York: Doubleday. Selection: Pages 17-76.
  13. Garfinkel, Harold. (1967). Studies of the routine grounds of everyday activities. Pp. 35- 75. In Studies in Ethnomethodology. Cambridge: Polity Press.
  14. Granovetter, Mark.(1985). Economic action and social structure the problem of embeddness. American Journal of Sociology, 91 (3).481-510.
  15. Horkheimer, Max. (1989). Traditional and critical Theory. Pp. 171-178. In An Anthology of Western Marxism: From Lukacs and Gramsci to Socialist-Feminism, edited by Roger Gottlieb. New York: Oxford University Press.
  16. Habermas, Jürgen. (1998). Civil Society and the Political Public Sphere. Pp. 359-387. In Between Facts and Norms: Contributions to a Discourse Theory of Law and DemocracyCambridge: MIT Press.
  17. Habermas, Jürgen. (2009). Political Communication in Media Society: Does Democracy Still Have an Epistemic Dimension? The Impact of Normative Theory on Empirical Research. Pp. 138-183. In Europe: The Faltering Project. New York: Polity Press.
  18. Homans George C. (1958). Social behaviour as exchange. American Journal of Sociology 63: 579-606.
  19. Luhmann, N. (1995).Social Systems. Stanford: Stanford University Press.
  20. Marcuse, Herbert. (1968/2000). Philosophy and critical theory. Pp. 357-362. In Social Theory: Roots and Branches, edited by Peter Kivisto. Los Angeles: Roxbury Publishing.
  21. Schutz, Alfred. (1973). Some leading concepts of phenomenology. Pp. 99-117. In Collected Papers: The Problem of Social Reality, edited by Maurice Natanson. The Hague: Martinus Nijhoff.
  22. Sewell, William H., Jr. (1992). A Theory of Structure: Duality, Agency, and Transformation. The American Journal of Sociology 98, 1 (July): 1-29.
Sociology of Development
HS 673

Approval: Sociology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Allen, T. and Thomas, A. 2000. Poverty and Development into the 21st century, Oxford: Oxford University Press
  2. Bernstein, H., 1971. Modernization theory and the sociological study of development”. Journal of 7 Development Studies, 7(2), pp.141-160.
  3. Derze, Jean and Sen, Amartya. 1998. India: Economic Development and Social Opportunity. O.U.P, New Delhi.
  4. Harrison, D. H. 1958. The Sociology of Modernization and Development. Routledge, London.
  5. Heyter, Teresa. 1971. Aid as Imperialism, Pelican
  6. Myrdal, Gunnar. 1989. The Equality Issue in World Development – The American Economic Review, vol 79, no 6, Dec 1989
  7. Nussbaum, M. (2003) “Capabilities and Social Justice.” International Studies Review, 4(2), pp. 123- 135.
  8. Osorio, Leonardo et al (2005) “Debates on sustainable development: towards a holistic view of reality”. Environment, Development and Sustainability 7: 501-518.
  9. Planning Commission of India: various reports and working papers
  10. Preston, P.W. 1982. The Theories of Development. Routledge, London.
  11. Sen, A. (1999) "Development as Freedom" New York: Alfred A. Knopf. Introduction and chapters 1 and 2.
  12. UNDP. Various Years. Human Development Report.
  13. Wallerstein, Immanuel. 1992. “The Concept of National Development, 1917-1989: Elegy and Requiem.” American Behavioral Scientist, 45(4/5): 517-529. Also published in: Wallerstein, Immanuel. 1995. After Liberalism. New York: The New Press, pp. 108-124. http://abs.sagepub.com/content/35/4-5/517.full.pdf
  14. Webster, Andrew. 1984. Introduction to Sociology of Development. McMillan, London.
Information and Society (Theory)
HS 672

Approval: Sociology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Anderson, Benedict. (1983). Imagined Communities: Reflections on the Origin and Spread of Nationalism, second edition. Verso, 1991.
  2. Boudrillard, Jean (1985). The masses the implosion of the social in the media. New Literary History, 16 (3): 577-589.
  3. Baudrillard, Jean. (1976). Symbolic Exchange and Death. Translated by Iain Hamilton Grant. Introduction by Mike Gane. Sage, 1993.
  4. Bell, Daniel. (1973). The Coming of Post Industrial Society: A Venture in Social Forecasting Harmondsworth: Penguin, 1976.
  5. Castells, Manuel. (1999). An introduction to information age. In Hugh Mackay and Tim O Sullivan (eds.) The Media Reader: Continuity and Transformation. London: Sage
  6. Castells, Manuel. (1996). The Rise of the Network Society. Oxford: Blackwell.
  7. Drucker, Peter F. (1993). Post -Capitalist Society. New York: HarperCollins.
  8. Duff, Alistair S. (2000). Information Society Studies. Routledge.
  9. Giddens, Anthony. (1991). The Consequence of Modernity. Cambridge: Polity
  10. Habermas, Jurgen. (1974).The public sphere. New German Critique 3: 49-55.
  11. Habermas, Jürgen (1962). The Structural Transformation of the Public Sphere: An Inquiry into a Category of Bourgeois Society. Translated by Thomas Burger with the assistance of Frederick Lawrence. Cambridge: Polity, 1989.
  12. Jay, Martin (1973). The genesis of critical theory. In The Dialectical Imagination, Little, Brown & Co.
  13. Karl Marx, Preface to Contribution to a Critique of Political Economy (1859).
Classical Sociological Theory
HS 672

Approval: Sociology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Anderson, Benedict. (1983). Imagined Communities: Reflections on the Origin and Spread of Nationalism, second edition. Verso, 1991.
  2. Boudrillard, Jean (1985). The masses the implosion of the social in the media. New Literary History, 16 (3): 577-589.
  3. Baudrillard, Jean. (1976). Symbolic Exchange and Death. Translated by Iain Hamilton Grant. Introduction by Mike Gane. Sage, 1993.
  4. Bell, Daniel. (1973). The Coming of Post Industrial Society: A Venture in Social Forecasting Harmondsworth: Penguin, 1976.
  5. Castells, Manuel. (1999). An introduction to information age. In Hugh Mackay and Tim O Sullivan (eds.) The Media Reader: Continuity and Transformation. London: Sage
  6. Castells, Manuel. (1996). The Rise of the Network Society. Oxford: Blackwell.
  7. Drucker, Peter F. (1993). Post -Capitalist Society. New York: HarperCollins.
  8. Duff, Alistair S. (2000). Information Society Studies. Routledge.
  9. Giddens, Anthony. (1991). The Consequence of Modernity. Cambridge: Polity
  10. Habermas, Jurgen. (1974).The public sphere. New German Critique 3: 49-55.
  11. Habermas, Jürgen (1962). The Structural Transformation of the Public Sphere: An Inquiry into a Category of Bourgeois Society. Translated by Thomas Burger with the assistance of Frederick Lawrence. Cambridge: Polity, 1989.
  12. Jay, Martin (1973). The genesis of critical theory. In The Dialectical Imagination, Little, Brown & Co.
  13. Karl Marx, Preface to Contribution to a Critique of Political Economy (1859).
Information and Society (Theory)
HS 672

Approval: Sociology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Anderson, Benedict. (1983). Imagined Communities: Reflections on the Origin and Spread of Nationalism, second edition. Verso, 1991.
  2. Boudrillard, Jean (1985). The masses the implosion of the social in the media. New Literary History, 16 (3): 577-589.
  3. Baudrillard, Jean. (1976). Symbolic Exchange and Death. Translated by Iain Hamilton Grant. Introduction by Mike Gane. Sage, 1993.
  4. Bell, Daniel. (1973). The Coming of Post Industrial Society: A Venture in Social Forecasting Harmondsworth: Penguin, 1976.
  5. Castells, Manuel. (1999). An introduction to information age. In Hugh Mackay and Tim O Sullivan (eds.) The Media Reader: Continuity and Transformation. London: Sage
  6. Castells, Manuel. (1996). The Rise of the Network Society. Oxford: Blackwell.
  7. Drucker, Peter F. (1993). Post -Capitalist Society. New York: HarperCollins.
  8. Duff, Alistair S. (2000). Information Society Studies. Routledge.
  9. Giddens, Anthony. (1991). The Consequence of Modernity. Cambridge: Polity
  10. Habermas, Jurgen. (1974).The public sphere. New German Critique 3: 49-55.
  11. Habermas, Jürgen (1962). The Structural Transformation of the Public Sphere: An Inquiry into a Category of Bourgeois Society. Translated by Thomas Burger with the assistance of Frederick Lawrence. Cambridge: Polity, 1989.
  12. Jay, Martin (1973). The genesis of critical theory. In The Dialectical Imagination, Little, Brown & Co.
  13. Karl Marx, Preface to Contribution to a Critique of Political Economy (1859).
Translation and Culture: Issues and Perspectives
HS 636

Approval: English, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Amos, F. R. R. (1973). Early Theories of Translation. New York: Octagon.
  2. Anderman, G. (2005). Europe on Stage: Translation and Theatre. London: Oberon Books.
  3. Bassnett, S. (1980). Translation Studies. London: Routledge.
  4. Bassnett, S. and Lefevere, A. (1998). Constructing Cultures: Essays on LiteraryTranslation.
  5. Clevedon: Multilingual matters.
  6. Bassnett, S. and Trivedi, H, eds. (1999). Postcolonial Translation: Theory and Practice. London: Routledge.
  7. Bly, R. (1983). The Eight Stages of Translation. Boston: Rowan Tree.
  8. Casetti, Francesco (1999). Inside the Gaze. Bloomington: Indiana UP.
  9. Chaudhuri, S. (1999). Translation and Understanding. Delhi: Oxford University Press.
  10. Cheyfitz, E. (1991). The Poetics of Imperialism: Translation and Colonization from The Tempest to Tarzan. London: Oxford University Press.
  11. Cronin, M. (2003). Translation and Globalization. London: Routledge.
  12. Katan, D. (2004). Translating Cultures. Manchester: St. Jerome.
  13. Kothari, R. (2003). Translating India. Manchester: St Jerome.
  14. Kreiswirth, M. and Cheetham, M. A., eds. (1990). Theory Between theDisciplines: Authority / Vision / Politics. Ann Arbor: The University of Michigan Press.
  15. Lefevere, A. (1992). Translation, Rewriting and the Manipulation of Literary Fame. London: Routledge.
  16. Mukherjee, Sujit (2012). Translation as Discovery and other Essays. New Delhi: Orient Blackswan.
  17. Toury, G. (1980). In Search of a Theory of Translation. Tel Aviv: Porter Institute.
  18. Venuti, Lawrence (2008). The Translator’s Invisibility. London: Routledge.
Writings of the South Asian Diaspora
HS 635

Approval: English, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Baldwin, Shauna Singh (2009). We Are Not in Pakistan. New Delhi: Rupa.
  2. Kureishi, Hanif (1990). The Buddha of Suburbia. New York: Viking.
  3. Rushdie, Salman (1992). Imaginary Homelands: Essays and Criticism, 1981-91. London: Penguin. Suggested References
  4. Bose, Neilesh, Ed. (2009). Beyond Bollywood and Broadway: Plays from the South Asian
  5. Diaspora. Bloomington: Indiana University Press. (selected plays)
  6. Diane McGifford, Ed. (1992). Geography of Voice: Canadian Literature of the South Asian Diaspora. Toronto: TSAR.
  7. Mishra, Vijay (2007). The Literature of the Indian Diaspora: Theorizing the Diasporic Imaginary. London: Routledge.
  8. Nasta, Susheila (2001). Home truths: Fictions of the South Asian Diaspora in Britain. London: Palgrave – Macmillan.
  9. Paranjape, Makarand (2001). In Diaspora: Theories, Histories, Texts. New Delhi: Indialog Publications.
  10. Pirbhai, Mariam (2009). Mythologies of Migration, Vocabularies of Indenture: Novels of the
  11. South Asian Diaspora in Africa, the Caribbean and Asia-Pacific. Toronto: Univ. of Toronto Press.
  12. Refiq, Fauzia, Ed. (1995). Aurat Durbar: Writings by Women of South Asian Origin. Toronto: Second Story Press.
  13. Said, Edward (2002). Reflections on Exile. Cambridge: Harvard UP.
The Idea of the Nation in Indian English Fiction
HS 633

Approval: English, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Anderson, Benedict (1998). Imagined Communities. London: Verso.
  2. Bates, Crispin (2006). Beyond Representation:Colonial and Postcolonial Constructions of Indian Identity. London: OUP.
  3. Chatterjee, Partha (1993). The Nation and its Fragments. NJ: Princeton UP.
  4. Hobsbawm, E.J. (2012). Nations and Nationalism since 1780. Cambridge: Cambridge UP.
  5. Kedourie, Elie (1993). Nationalism. London: Blackwell.
  6. Khair, Tabish. (2005). Babu Fictions: Alienation in Contemporary Indian English Novels. London: OUP.
  7. Khilnani, Sunil (1999). The Idea of India. NY: Farrar, Strauss & Giroux.
  8. Mukherjee, Meenakshi. (2001). The Perishable Empire: Essays on Indian Writing in English.London: OUP.
  9. Mukherjee, Meenakshi. (1972). The Twice Born Fiction. Portsmouth: Heinemann.
  10. Mukherjee, Meenakshi. (1996). Realism and Reality: The Novel and Society in India. London: OUP.
The Modern European Novel
HS 632

Approval: English, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Agamben, Giorgio (2005).State of Exception. Chicago: Univ. of Chicago Press.
  2. Badiou, Alain (2013). Being and Event. London: Bloomsbury.
  3. Bakhtin, Mikhail (1988). Dialogic Imagination. Austin: Univ. of Texas Press.
  4. Barthes, Roland. (1983). A Barthes Reader, ed. by Susan Sontag. New York; Hill and Wang.
  5. Brink, André. (1998). The Novel: Language and Narrative from Cervantes to Calvino. New York: NYU Press.
  6. Derrida, Jacques. (2006). Spectres of Marx. London: Routledge.
  7. Freud, Sigmund (2010). Civilization and its Discontents.NY: W.W. Norton.
  8. Kundera, Milan. (2003). The Art of the Novel. London: Penguin.
  9. Lukács, Georg. (2002). Studies in European Realism. New York: Howard Fertig.
  10. Mander, Jenny. (2007). Remapping the Rise of the European Novel. Oxford: Voltaire Foundation.
  11. Nabokov, Vladimir. (2002). Lectures on Literature. NY: Mariner Books.
  12. Nash, Christopher. (1988). World-games: The Tradition of Anti-realist Revolt. London: Routledge.
Humanities and the Institutional Space
HS 631

Approval: English, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Aristotle (1996). Poetics. London: Penguin.
  2. Bourdieu, Pierre (1988). Homo Academicus. London: Polity.
  3. Derrida, Jacques (2016). Dissemination.London: Bloomsbury.
  4. Foucault, Michel (2010). ‘Biopolitique:’Lectures. London: Picador.
  5. Freire, Paulo (2014). Pedagogy of Hope.London: Bloomsbury.
  6. Heidegger, Martin (2008).“On the origin of the work of art,”Basic Writings.New York: Harper Collins.
  7. Kant, Immanuel (2007). Critique of Pure Reason. London:Penguin.
  8. Lefebvre, Henri (1991). Production of Space. Oxford: Blackwell.
  9. Levinas, Emmanuel (2000). Entre Nous. New York: Columbia UP
  10. Locke, John (2014). An essay concerning human understanding.London: Wordsworth.
  11. Poovey, Mary (1998). A History of the Modern Fact.Chicago: University of Chicago press.
  12. Ranciere, Jacques (1991). The Ignorant Schoolmaster.Redwood:Stanford UP.
  13. Readings, Bill (1997). University in Ruins. Cambridge: Harvard UP.
  14. Tafuri, Manfredo (1976). Architecture and Utopia. Cambridge: MIT Press.
Development Economics
H614

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

This course will provide an overview of thoughts on economic development. It sets the background by providing the concepts, dimensions and theories of economic development. The course would further introduce to the students the multilayered and multidisciplinary nature of poverty and inequality. Core concerns relating to human development, health and education are discussed further, and finally the role of state and issues relating to state intervention are discussed.

Course Contents:

  1. Economic development (4 lectures, 2 tutorials)
    Concepts and Dimensions
    Methodologies and Disciplinarity
    Development and Underdevelopment
    Developmentalism, Alternatives
  2. Dual Economy models of development (4 lectures, 4 tutorials)
    Underlying theories: Lewis-Ranis- Fei Model, Harris-Todaro Model
  3. Economic Inequality and Development (4 lectures, 2 tutorials)
    Concepts and Measurement (Basics of measurement issues only to enable literature reading)
    Economic inequality and access to credit market
    Economic inequality and choice of occupation.
    Economic inequality and Human capital formation
    Economic inequality and conflict.
  4. Poverty (4 lectures, 2 tutorials)
    Concepts and measurement
    Impact of poverty on intra-household allocation, and access to labour market and credit market.
    Poverty and Social structure
    Poverty, health and nutrition
  5. Issues on Health and Nutrition (4 lectures, 2 tutorials)
    Importance of Health in Development
    Intrahousehold Allocation of Nutrients among the children
    Window of opportunity
  6. Issues in Education (6 lectures, 4 tutorials)
    Access to Education
    Public Provision and infrastructure
    Incentivising education
  7. Social Security and Public Policy (6 lectures, 4 tutorials)
    Issues in Targeting, Measurement
    Social security policies: Public works programme, food security programme, conditional cash transfers.

Text Books

  1. Suggested Readings:
  2. Basu, K. (1997), Analytical Development Economics: The Less Developed Economy
  3. Revisited, The MIT Press, Cambridge M A..
  4. Bryman, A. and Burgess, R.G. (1999): Qualitative Research. London: Sage.
  5. Chambers, R. (2008): Revolutions in Development Inquiry. Earthscan.
  6. Chant ,S.. 2003. Engendering Poverty Analysis in Developing Regions, London: LSE research online
  7. Desai, V. and Potter, R.B (eds.). (2006): Doing development research. London: Sage.
  8. Dréze, J. & Sen, A. (2013), An Uncertain Glory: India and its Contradictions, Allen Lane.
  9. Escobar, A. (1995) Encountering Development, Princeton, NJ, Princeton University
  10. J. Timmons Roberts, Amy Bellone Hite (editors), The Globalization and Development
  11. Reader: Perspectives on Development and Global Change (Paperback). Blackwell 2007
  12. Gupta, Akhil (1998) Postcolonial Developments: Agriculture in the Making of Modern India, Duke University Press.
  13. Jan Nederveen Pieterse, Development Theory, Sage, 2nd edition, 2010.
  14. Mary Romero and Eric Margolis (eds), The Blackwell Companion to Social Inequalities, Blackwell: Oxford, 2005.
  15. Ray, D. (1999), Development Economics, Oxford University Press, New Delhi
  16. Roberts, T.J. and A. Hite (eds) From Modernisation to Globalisation: Perspectives on
  17. Development and Social Change. (London: Blackwell, 2000)
  18. Scheyvens, R. and Storey, D. (2003): Development fieldwork: a practical guide. London: Sage. Sen, A. (2000), Development as freedom, Anchor Books, New York..
  19. Sklair, L. Sociology of the Global System. (London: Prentice-Hall, 1995)
  20. Edelman, Marc & Angelique Haugerud (eds) 2005. The anthropology of development and globalisation: from classical political economy to contemporary neoliberalism. Oxford: Blackwell.
  21. Papers:
  22. Banerjee, A. V. &Duflo, E. (2007), 'The Economic Lives of the Poor', Journal of Economic Perspective21(1), 141-168.
  23. Banerjee, A. V. & Newman, A. F. (1993), 'Occupational Choice and the Process of Development', Journal of Political Economy101(2), 274-298.
  24. Banerjee, A. V. (2005), '`New Development Economics' and the Challenge to Theory', Economic and Political Weekly40(40), 4340--4344.
  25. Behrman, J.R. (1988). Intrahousehold allocation of nutrients in rural India, Oxford
  26. Economic Papers, Vol. 40, pp. 32-54.
  27. Besley, T. and Coate, S. (1992). Workfare versus welfare: incentive arguments for Work Requirements in Poverty-Alleviation Programs, American Economic Review, 82(1), 249-261.
  28. Cornia, G.A. and Stewart, F (2006). Two errors of targeting, Journal of International Development, 5(5), 459-496
  29. Das, J., Do, Q.T., Ozler, B. (2005). Reassessing Conditional Cash Trasfer Programs.
  30. World Bank Research Observer. 20(1), pp. 57-80. Das, U. (2014). Accuracy of targeting and rationing under the rural employment guarantee scheme.
  31. Dasgupta, P. & Ray, D. (1986), 'Inequality as a Determinant of Malnutrition and Unemployment: Theory', The Economic Journal96(384), 1011--1034.
  32. Dasgupta, P. & Ray, D. (1987), 'Inequality as a Determinant of Malnutrition and Unemployment: Policy', The Economic Journal97(385), 177--188.
  33. Dreze, J. (1990). Poverty in India and the IRDP Delusion, Economic and Political Weekly, 25(39)
  34. Harris, J. &Todaro, M. P. (1970), 'Migration, Unemployment and Development: A
  35. Two-Sector Analysis', American Economic Review60(1), 126-142.
  36. Hayami, Y. (2001), Development Economics: From the Poverty to the Wealth of
  37. Nations, Second Edition, Oxford University Press, New Delhi.
  38. Hirschman, A. O. & Rothschild, M. (1973), 'The Changing Tolerance for Income
  39. Inequality in the Course of Economic Development', Quarterly Journal of Economics87(4), 544-566.
  40. Jackson, C. 1996. Rescuing gender from the poverty trap, World Development, Vol. 24 (5), pp 469-504
  41. Klasen S and D. Schuler. 2011. Reforming the Gender-Related Development Index and the Gender Empowerment Measure: Implementing Some Specific Proposals,
  42. Feminist Economics, 17 (1), 1-30 Khera, R. (2011). India's Public Distribution System: Utilisation and Impact. Journal of Development Studies, 47(7), 1038-1060.
  43. Khera, R. (2011). Revival of the public distribution system: evidence and explanations, Economic and Political Weekly, 46(44), 36-50
  44. Murray, H. (2012). ‘Is school education breaking the cycle of poverty for children?’ Young Lives:Oxford
  45. Ranis, G. &Fei, J. C. H. (1961), 'A Theory of Economic Development', The American Economic Review51(4), 533--565.
  46. Ravallion, M. (2007).How relevant is targeting to the success of an Antipoverty Program. Policy Research Working Paper 4385, The World Bank.
  47. Ray, D. (2000), 'What's New in Development Economics?',The American Economist44(2), 3--16.
  48. Ray, D. (2010), 'Uneven Growth: A Framework for Research in Development Economics', Journal of Economic Perspective24(3), 45–60.
  49. Schultz, Paul. 2002.“Why governments should invest more to educate girls.” World Development 30: 207-25 Sen, A. (1983), 'Development: Which Way Now?',Economic Journal93(372), 745-762.
  50. Sen, A. (1988), The Concept of Development, in Hollis. Chenery& T N. Srinivasan, ed., 'Handbook of Development Economics Vol1.', North Holland, Amsterdam., , pp. 9-26.
  51. Sen, A.The Political Economy of Targeting. Link:http://www.adatbank.transindex.ro/html/cim_pdf384.pdf Strauss, J and Thomas, D. (1998).Health , Nutrition and Economic Development. Journal of Economic Literature, Vol. 36, pp. 766-817. 
  52. Strauss, J. and Thomas, D. (2007).Health over the Life Course. In Schultz, T.P. and Strauss, J.A. (eds.) Handbook of Development Economics, Chapter 54, Vol. 4, pp. 3046-4036.
  53. Tilak J. B. G. (1989) Education and its Relation to Economic Growth Poverty and income distribution: past Environment and Further Analysis. Washington D. C.The World Bank.
  54. Victora, C. G., M. de Onis, Hallal, P. C., Blössner, M. andShrimpton, R. (2010). Worldwide timing of growth faltering: Revisiting implications for interventions. PediatricsVol. 125(3):e473-e480
Business Ethics
H 656

Approval: Psychology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Ethics and the Conduct of Business, by John R. Boatright, 4th ed, Pearson Education.
  2. Business Ethics: An Indian Perspective, by A.C. Fernando, Pearson Education.
  3. Business Ethics: Concepts and Cases, by Manuel G. Velasquez, 6th ed, Prentice Hall India.
  4. Perspectives in Business Ethics, by Laura P. Hartman and Abha Chatterjee, 3rd ed, McGraw- Hill.
Cross cultural Psychology
H 655

Approval: Psychology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Cross-Cultural Psychology by Shiraev, E. & Levy, D. 4th ed.
  2. Cross-cultural Psychology: Research and Applications by Berry, J., Poortinga, Y.H., Segall, M.H., &Dasen, P.R. 2nd ed, Cambridge University Press.
  3. Human Behavior in Global Perspective: An introduction to cross-cultural psychology by Segall, Marshall H.Dasen, Pierre R.Berry, John W.Poortinga, Ype H. Elmsford, Pergamon General psychology Series, Vol. 160, NY, US: Pergamon Press. (1990)
  4. Handbook of Cross-cultural Psychology: Basic processes and human development by John W. Berry, Ype H. Poortinga, Janak Pandey, Allyn &Bacon.
  5. Understanding Cross Cultural Psychology: Eastern and Western Perspectives by Pittu D Laungani, Sage South Asia.
Positive Psychology
H 654

Approval: Psychology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Character Strengths and Virtues: A Handbook and Classification by C. Peterson and M.E.P. Seligman. American Psychological Association and Oxford University Press.
  2. Handbook of Positive Psychology by C. R. Snyder and S. J. Lopez.
  3. A Primer in Positive Psychology by C. Peterson.
  4. Introduction to Positive Psychology by William Compton.
  5. Positive Psychology: The Scientific and Practical Explorations of the Human Strengths by C. R. Snyder and S. J. Lopez.
  6. The Optimistic Child by M.E.P. Seligman, K. Reivich, L. Jaycox and J. Gilham.
Organizational Change and Development
H 653

Approval: Psychology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. An Experiential Approach to Organization Development by D.R. Brown and D. Harvey.
  2. Organization Development and Transformation by Wendell L. French, Cecil H. Bell, Jr. and Robert Zawacki.
  3. Managing Organizational Change: A Multiple Perspective Approach by I. Palmer, R. Dunford, and G Akin.
  4. Organizational Development and Change by T.G. Cummings and C.G.Worley
Leadership
H 652

Approval: Psychology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Organizational Behaviour by K.Davis and J.W.Newstrom.
  2. Organizational Change Through Effective Leadership by R. Guest, P.Hersey and K.Blanchard
  3. The Cultural Context of Leadership and Power byJ.B.P.Sinha
  4. Servant Leadership: A Journey into the Nature of Legitimate Power and Greatness by R.K.Greenleaf.
  5. Business Gurus Speak by S.N. Chary
  6. Business Maharajas by Gita Piramal
Organizational Behaviour
H 651

Approval: Psychology, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Organizational Behaviour by Margie Parikh and RajenGupta , 1st edn, Tata McGraw Hill.
  2. Organizational Behaviour by Stephen Robbins, 11th edn, Prentice-Hall India
  3. Organizational Behaviour by Fred Luthans, 10th ed, McGraw-Hill International edition.
  4. Understanding Organizational Behaviour by U. Pareekh and S. Khanna, 3rd edn, Oxford University Press.
  5. Organizational Behaviour: human behaviour at work by J.W. Newstrom and K.Davis, McGraw Hill.
Black Intellectual Traditions and the Narratives of Race in America
H 634

Approval: English, PG-Elective

Credit: 6

Syllabus:

Reference Books

  1. Boxill, Bernard R (1810). Blacks and Social Justice. NY: Rowman & Littlefield.
  2. Edwards, Brent Hayes (2003). The Practice of Diaspora: Literature, Translation and the
  3. Rise of Black Internationalism. Cambridge: Harvard UP.
  4. Gates, Henry Louis (1989).The Signifying Monkey. London: OUP.
  5. Morrison, Toni (1993). Playing in the Dark: Whiteness and the Literary Imagination. NY: Vintage.
  6. Napier, Winston (2000). African American Literary Theory: A Reader. NY: NYU Press.
  7. Pittman, John P. (1996). African American Perspectives and Philosophical Traditions. London: Routledge
Topics in Experimental and Behavioural Approaches to Economic Development
H 621

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

This course will provide the skills to understand and reinterpret a variety of issues concerning economic development based on advances in the fields of behavioral economics and experimental economics. The students will be provided with an overview of these two distinct and at times overlapping areas of research and equip them in exploring the alternatives approaches to the standard neoclassical way of understanding development. The emphasis will be on the role of psychology in economic decision making and the use of experimental methods to test various theories to better understand development related problems. Advances in the use of field experiments to evaluate the efficacy of various policy interventions will be discussed and the methodological aspects will be critically discussed.

Course Contents:

  1. An overview of Concepts in Behavioural Economics (4 Lectures, 2 tutorials)
    Cognition: Dual process of reasoning, judgment and decision making; Heuristics and Biases; Choice under Risk and Uncertainty ; Mental Accounting; Loss Aversion, Reference Dependence , Framing and Prospect Theory; Probabilistic Judgment; Timeand Choice
  2. An overview of Experimental Methods (4 Lectures, 2 tutorials)
    Why experiments instead of field data? ; Natural experiments, quasi-experiments and controlled experiments; Methods and Methodological issues in experiments.
  3. Behavioural and experimental methods for poverty and development (4 Lectures, 2 tutorials)
  4. Applications in Labour Market Studies , (4 Lectures, 2 tutorials)
  5. Applications in Caste and Gender Institutions , (4 Lectures, 2 tutorials)
  6. Applications in Health and Education , (4 Lectures, 2 tutorials)
  7. Applications in Micro Finance, Insurance and Credit market, (4 Lectures, 2 tutorials)
  8. Applications in Public Policy , Governance and Corruption, (4 Lectures, 2 tutorials)
  9. Applications in climate change , (4 Lectures, 2 tutorials)

Text Books

  1. Readings for Topic 1
  2. Camerer, Colin F., George Loewenstein and Matthew Rabin (2003) Advances in Behavioral Economics,Princeton University Press
  3. Mind, Behaviour and Society, World Development Report 2015, World Bank
  4. Readings for Topic 2
  5. Plott, Charles R & Smith Vernon L (2008) Handbook of Experimental Economics, North Holland
  6. Readings for Topic 3
  7. Abhijit V. Banerjee and Esther Duflo( ) The Experimental Approach to Development Economics http://economics.mit.edu/files/3159
  8. Sendhil Mullainathan Development Economics through the lens of psychology, (mimeo).
  9. Saugato Datta and Sendhil Mullainathan.(2012) "Behavioral Design: A New Approach to Development Policy." CGD Policy Paper 016. Washington DC: Center for Global Development. http://www.cgdev.org/content/publications/detail/1426679
  10. Marianne Bertrand, Sendhil Mullainathan and Eldar Shafir (2004) A Behavioral-Economics View of Poverty, The American Economic Review, Vol. 94, No. 2, Papers and Proceedings of the One Hundred Sixteenth Annual Meeting of the American Economic Association San Diego, CA,January 3-5, 2004 (May, 2004), pp. 419-423
  11. Readings for Topic 4
  12. Azam, Mehtabul (2012) The Impact of Indian Job Guarantee Scheme on Labor Market Outcomes: Evidence from a Natural Experiment, IZA DP No. 6548, IZA,Germany
  13. Jensen, Robert( 2012) Do labor market opportunities affect young women’s work and family decisions? Experimental evidence from India, The Quarterly Journal of Economics 127, 753–792. doi:10.1093/qje/qjs002
  14. Abhijit Banerjee, Marianne Bertrand, Saugato Datta, Sendhil Mullainathan (2009) Labor market discrimination in Delhi: Evidence from a field experiment, Journal of Comparative Economics, 37 (2009) 14–27
  15. Bertrand, M and Mullainathan, S (2004), “Are Emily and Greg More Employable than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination,” American Economic Review, 2004, 94(4), 991-1013
  16. Sukhadeo Thorat, Paul Attewell, Firdaus Fatima Rizvi ( 2009 )Urban Labour Market Discrimination, IIDS working paper series 111 No 1
  17. Lori Beaman and Jeremy Magruder (2010) Who gets the job referral? Evidence from a social networks experiment, http://www.barcelonagse.eu/tmp/pdf/calvo2010-beaman.pdf
  18. Readings for Topic 5
  19. Fredrik Carlsson, Gautam Gupta and Olof Johansson-Stenman( 2009) Keeping up with the Vaishyas? Caste and relative standing in India Oxford Economic Papers 61 (2009), 52–73
  20. Fredrik Carlsson, Gautam Gupta and Olof Johansson-Stenman( 2003) Choosing from Behind a Veil of Ignorance in India, Applied Economics Letters, 2003,, 825–827
  21. Tarun Jain and Tulika Narayan (2010) Incentive to discriminate? An experimental investigation of teacher incentives in India, http://www.isid.ac.in/~pu/conference/dec_10_conf/Papers/TarunJain.pdf
  22. Hoff, Karla, and Priyanka Pandey. 2006. "Discrimination, Social Identity, and Durable Inequalities." American Economic Review, 96(2): 206-211
  23. Jensen, Robert (2012) Do Labor Market Opportunities Affect Young Women's Work and Family Decisions? Experimental Evidence from India, The Quarterly Journal of Economics (2012) doi: 10.1093/qje/qjs002 First published online: March 3, 2012
  24. Readings for Topic 6
  25. Rema Hanna, ,Esther Duflo and Michael Greenstone(2012) Up in Smoke: The Influence of Household Behavior on the Long-Run Impact of Improved Cooking Stoves, NBER Working Paper No. 18033 http://www.nber.org/papers/w18033
  26. Banerjee, Abhijit, Esther Duflo, Rachel Glennerster, and Dhruva Kothari (2010) Improving Immunization Coverage in Rural India: A Clustered Randomized Controlled Evaluation of Immunization Campaigns with and without Incentives..British Medical Journal 340:c2220.
  27. Banerjee, Abhijit, Shawn Cole and Esther Duflo Remedying education: evidence from two randomized experiments in India NBER Working Paper No. 11904, http://www.nber.org/papers/w11904
  28. Muralidharan, Karthik and Venkatesh Sundararaman (2013) Contract teachers: experimental evidence from India, NBER Working Paper No. 19440, http://www.nber.org/papers/w19440
  29. Karthik Muralidharan and Venkatesh Sundararaman (2011) Teacher Performance Pay: Experimental Evidence from India Journal of Political Economy, Vol. 119, No. 1 (February 2011), pp. 39-77.
  30. Readings for Topic 7
  31. Bauer, Michal, Julie Chytilová, Jonathan Morduch (2008)Behavioral Foundations of Microcredit: Experimental and Survey Evidence From Rural India, IES working paper 28/2008, Institute of Economic Studies, Faculty of Social Sciences, Charles University in Prague
  32. Santosh Anagol , Shawn Cole , Shayak Sarkar (2013) Understanding the Advice of Commissions-Motivated Agents: Evidence from the Indian Life Insurance Market, Working Paper 12-055, March 7
  33. Neeraj Sood, Eran Bendavid, Arnab Mukherji, Zachary Wagner , Somil Nagpal, Patrick Mullen (2014) , Government health insurance for people below poverty line in India: quasiexperimental evaluation of insurance and health outcomes, British Medical Journal 14;349:g5114 doi: 10.1136/bmj.g5114 .
  34. Readings for Topic 8
  35. Shawn Cole, Xavier Giné, Jeremy Tobacman, Petia Topalova, Robert Townsend and James Vickery (2012) Barriers to Household Risk Management: Evidence from India ,International Monetary Fund, WP/12/195 https://www.imf.org/external/pubs/ft/wp/2012/wp12195.pdf
  36. Raghabendra Chattopadhyay and Esther Duflo (2004) Women as policy makers: Evidence from a randomized policy experiment in India, Econometrica, Issue Volume
  37. Issue 5, pages 1409–1443, September 2004
  38. Sujoy Chakravarty & Carine Sebi & E. Somanathan & Emmanuel Theophilus, 2013. "The Demographics of Cooperation: Evidence from a Field Experiment in the Gori- Ganga Basin," Journal of Economics and Management, College of Business, Feng Chia University, Taiwan, vol. 9(2), pages 231-269, July.
  39. Marianne Bertrand Simeon Djankov Rema Hanna Sendhil Mullainathan (2007) Obtaining a driver’s license in India: an experimental approach to studying corruption, The Quarterly Journal of Economics, , November
  40. Banerjee, Abhijit V, Rukmini Banerji, Esther Duflo, Rachel Glennerster, Stuti Khemani Pitfalls of Participatory Programs: Evidence from a Randomized Evaluation in Education in India, http://righttoeducation.in/sites/default/files/pitfalls_0.pdf
International Trade and Finance
H 620

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

The course will train the students on advanced theories of International trade and recent debates on the situation of Balance of Payment, exchange rate, international monetary system, growth of regionalism, and functioning of WTO,

Course Contents:

  1. Evolution of IT Theory (4 Lectures, 2 tutorials)
    Evolution of international division of labour and economic transactions among countries
  2. Review of theories of trade and trade flows: (4 Lectures, 2 tutorials)
    Comparative advantage and its interpretations, economies of scale, imperfect competition, preference similarity
  3. Arguments for and history of discriminatory commercial policy: (4 Lectures, 2 tutorials)
    Theory of tariff, domestic distortions, strategic trade policies, discriminatory trading arrangements, new protectionism in the post war period, contemporary trade policy conflicts
  4. International trade and underdevelopment: (4 Lectures, 2 tutorials)
    Commodity question, unequal exchange and uneven development, accumulation on global scale, global value chain analysis
  5. International Trading System: (8 Lectures, 2 tutorials)
    From General Agreement on Tariff and Trade (GATT) to the World Trade Organisation (WTO); new areas brought under the trading system, GATS and TRIPS, the Doha Round conflicts
  6. International Finance: (4 Lectures, 2 tutorials)
    Capital account transactions, macro economic interdependence in open economies, the world of mobile finance, monetary integration and its consequences,
  7. Issues in international financial architecture (4 Lectures, 2 tutorials)
    Gold standard, Brettonwoods regime and postBrettonwoods arrangement; the development project in a world of mobile finance

Reference Books

  1. Akyuz, Y (2003) Developing Countries and World Trade: Performance and Prospects, United Nations Conference on Trade and development, Geneva
  2. Caprio, Gerard, Honohan, Patrick and Stiglitz, E Joseph (2001) Financial Liberalisatiojn: How Far, How Fast? Cambridge University Press
The New Institutional Economics
H 619

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

The course will train the students about the important roles played by the property rights, contracts, transaction costs, and norms for economic growth and market exchanges.

Course Contents:

  1. The NIE: (4 classes, 2 tutorials)
    What is it?,
  2. Property Rights I (6 classes, 2 tutorials)
    – Where it all began; Property Rights on Historical Frontiers; Property Rights on Current Frontiers:
  3. Why Don’t We Get It Right? (6 classes, 2 tutorials)
    Why do firms exist? Insights from the NIE for Business Management and Strategy, Technology,
  4. Transaction Costs (6 classes, 2 tutorials)
    Transaction Costs and Contracts in Agriculture, Agricultural Contracts and the Growth of the Welfare State,
  5. Norms and Contracts, (6 classes, 2 tutorials)
    Understanding the Big Picture

Reference Books

  1. Alston, Lee J.: "The New Institutional Economics"
  2. Coase: "The Problem of Social Cost"
  3. Alston, Harris, and Mueller: "Development of Property Rights on Frontiers: Endowments, Norms and Politics"
  4. Baumol: "Entrepreneurship: Productive, Unproductive and Destructive"
  5. Alston, Libecap, and Schneider: "The Determinants and Impact of Property Rights: Census Data and Survey Results for Land Titles on the Brazilian Frontier"
  6. Alston and Mueller: "Property Rights and the State"
  7. Coase: "The Nature of the Firm"
  8. Alston and Gillepsie: "Resource Coordination and Transaction Costs: A Framework for Analyzing the Firm/Market Boundary"
  9. Alston and Higgs: "Contractual Mix in Southern Agriculture Since the Civil War: Facts, Hypotheses and Tests"
  10. Alston and Ferrie: "Paternalism in Agricultural Labor Contracts in the U.S. South: Implications for the Growth of the Welfare State"
  11. Alston, Mattiace, and Nonnenmacher: "Coercion, Culture and Debt-Contracts: The Henequen Industry: Yucatán, Mexico, 1870-1915"
  12. Eggertsson: "Analyzing Institutional Successes and Failures: A Millennium of Common Mountain Pastures in Iceland"
  13. North, Wallis, Webb, and Weingast: "In the Shadow of Violence"
  14. Wallis: "Institutions, Organizations, Impersonality, and Interests: The Dynamics of Institutions"
  15. Alston and Gallo: "Electoral Fraud, the Rise of Peron and Decline in Checks and Balances in Argentina"
  16. Alston, Melo, Mueller, and Pereira: "Beliefs, Leadership, and Critical Transitions: Brazil 1964-2014"
  17. Alston, Melo, Mueller, and Pereira: "Chapter 2: A Conceptual Framework: Beliefs, Leadership and Critical Transitions; Brazil 1964-2014"
  18. Alston, Melo, Mueller, and Pereira: "Part II: Introduction to the Case Study of Brazil, 1964-2014"
  19. Alston, Melo, Mueller, and Pereira: "Chapter 3: From Disorder to Growth and Back: The Military Regime (1964-1985)"
  20. Alston, Melo, Mueller, and Pereira: "Chapter 4: Transition to Democracy and the Belief in Social Inclusion (1985-1994)"
  21. Alston, Melo, Mueller, and Pereira: "Chapter 5: Cardoso seizes a Window of Opportunity"
  22. Alston, Melo, Mueller, and Pereira: "Chapter 6: Deepening Beliefs and Institutions"
  23. Hunt: "Parity, Paternalism and Peonage in the Informal Economy: and Empirical Study of Off-the-books Loans"
  24. Bretsen and Hill: "Irrigation Institutions in the American West"
Indian Industrial Development
H 618

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

This course is designed in such a way that students coming from any other discipline should be exposed to various debates on Industrial development and structural shifts in Indian industries in a historical perspective. It will also familiarize the students with various institutional changes adopted by government of India and their impact. It will also exposures the students towards the demand and supply side issues faced by India’s manufacturing sector under WTO regime.

Course Contents:

  1. Industrial Development in India Since 1951: (4 classes, 2 tutorials)
    An Overview Industrialization strategy: Import Substitution and State control. BoP crisis, SAP and Economic Reforms; Critical issues for discussion in the context of globalization;
  2. New Industrial Policy and Institutional Changes: (4 classes, 2 tutorials)
    Delicensing and de-reservation; Removal of FERA, MRTP etc; FEMA and Competition Policy Act; Debates on Competition.
  3. Overall Industrial Performance under Liberalization: (6 classes, 2 tutorials)
    Structural change; Growth strategies of Business Groups; M&As and market concentration; Growth pattern of Industrial output, value added and employment; Productivity & Technological change.
  4. Small-scale Industries and their new challenges: (4 classes, 2 tutorials)
    Growth and structure of MSMEs; Size distribution of Unorganized and Informal Sector
  5. Disinvestment Strategies and Debates on Privatisation: (4 classes, 2 tutorials)
    Experience of disinvestment; Performance of public sector Enterprises
  6. Industrial finance and Corporate Governance (4 classes, 2 tutorials)
    Foreign investment; Foreign Portfolio investment; Financial Derivates; Capital Market and Role of stock exchange
  7. Challenges ahead for Strengthening Industrialisation in India under WTO regime. (6 classes, 2 tutorials)
    Demand factors; Supply factors such as Infrastructure Development, Energy issues, Environmental issues/Standards on Pollution control, etc. Data base on Industrial Statistics and Methodological Issues.

Reference Books

  1. Bhattacharjea Aditya (2004) Trade, Investment, and Competition Policy: An Indian Perspective in Aaditya Mattoo and Robert M Stern (ed) India and the WTO, The World Bank and Rawat Publications, Jaipur and New Delhi.
  2. Ahluwalia I.J (1985) Industrial Growth In India: Stagnation since the Mid-Sixties, OUP, Delhi.
  3. Amsden A.H (2001) The Rise of “The Rest” Challenges to the West from Late- Industrializing economies, OUP, New York.
  4. Beena PL (2014) Mergers and Acquisitions: India Under Globalisation, Routledge, India and UK.
  5. Bhagwati J N and P Desai (1970) India: Planning for Industrialisation:Trade and Industrialisation Policies 1950-66, Delhi, OUP.
  6. Bagchi Amiya K (1999) Economy and Organisation: Indian Institutions under the Neoliberal Regime, New Delhi, Sage Publications.
  7. Chandrasekhar CP (1988) Aspects of Growth and Structural Change in Indian Industry, EPW, Vol.23, No. 45/47, Pp 2359-2370.
  8. Chandrasekhar CP (2007) India’s Industrial Performance: Revisiting a Debate in Vaidyanathan A and KL Krishna (ed) Institutions & Markets in India’s Development, OUP.
  9. Chandrasekhar CP (2001) Factory Production: An Analysis of Data Availability and Coverage in CP Chandrasekhar and Jandhyala BG Tilak (ed) India’s Socio- Economic Database : Surveys of Selected Areas.
  10. Desai V.V (1971) Pursuit of Industrial Self Efficiency: A Critique of the first Three Plans, EPW, May 1.
  11. Govt. of India (1965) Report of the Monopolies Inquiry Commission.
  12. Hazari R.K (1986) Essays on Industrial Policy, Concept Publishing House, Delhi.
  13. Nagaraj R (1990) Industrial Growth: Further evidence and towards an explanation and issues, EPW, October 13.
  14. Nagaraj R (2003): “Industrial Policy and Performance: Which Way Now?” EPW, Vol. 38, No. 35, August 30.
  15. Nagaraj R (2006): Public Sector Performance since 1950: A Fresh Look, Economic and Political Weekly, Vol. 41, No. 25, June 24-29, 2006.
  16. Nagaraj (2007) Industrial Growth in China and India: A Preliminary Comparison in Vaidyanathan A and KL Krishna (ed) Institutions & Markets in India’s Development, OUP.
  17. Pushpangathan K and N Shanta (2009) The Dynamics of Competition: Understanding India’s Manufacturing Sector, OUP.
  18. Raj K.N (1976) Growth and Stagnation in Indian Industrial Development, EPW, Annual Number, February.
  19. Reed, Darryl and Sanjoy Mukherjee (2004) Corporate Governance, Economic Reforms and Development: The Indian Experience, New Delhi, OUP.
  20. Lall, Sanjaya 2001: Competitiveness, Technology and Skills, Cheltenham, Edward Elgar, 2001.
  21. Mookherjee Dilip 1997(ed): Indian Industry: Policies and Performance, OUP.
  22. Nayyar Deepak 1994(ed): Industrial Growth and Stagnation, OUP.
  23. Singh Ajit and Jayati Ghosh (1988) Import Liberalisation and New Industrial Strategy: An Analysis of their impact on Output and Employment, EPW, Vol.23, No. 45/47,Pp 2313-2342.
  24. Sunanda Sen and Byasdeb Sengupta (2008) Unfreedom and Waged Work: Labour in India’s Manufacturing Industry, Sage Publications.
  25. Uchikava S (2002) (ed): Economic Reforms and Industrial Structure in India, New Delhi, Manohar.
Project Evaluation
H 617

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

The course will provide the rationales for project evaluation, methods of project evaluation, discount rates and practical experiences through case studies.

Course Contents:

Introduction (8 lectures , 3 tutorials)

Meaning of a project and its basic characteristics, Role of Projects in a Development Planning Framework, Stages of Planning and Scope of Projects, Project Cycles:- Ex-Ante Analysis (i.e. conceptualization, identification, technical as well as economic feasibility analysis), 
Project Cycle:- Ex-Post Analysis (i.e., project selection, execution, action plan, monitoring, post-evaluation and reformulation)
Basic Tenets of Project Appraisal/ Evaluation: the Welfare foundations (6 lectures , 2 tutorials) Classical welfare economic analysis, neo-classical economic analysis, new welfare economic analysis,

Approaches and Techniques (8 lectures , 2 tutorials)

Approaches and Steps in Appraisal/ Evaluation, General Criteria of Project Appraisal, Commercial Profitability Analysis / BCA of Projects, Capital Budgeting Decisions in terms of Methods of Investment Criteria, National Economic Profitability Analysis or SBCA of Projects,

Methods Project Appraisal / Evaluation (8 lectures , 3 tutorials) 35

Various Methods: the OECD Method, the UNIDO Guidelines Methods, the World Bank Method, the Effects Method, Significance of Externalities in Project Evaluation, Risk and Uncertainty Analysis,

Case Studies (8 lectures , 2 tutorials)

Water Resource Development Projects, Industrial Projects, Forestry Projects, and Non-conventional
Energy Projects.

Reference Books

  1. Bela Balassa, (1976), “The Effects Method of Project Evaluation”, Oxford Bulletin of Eco. & Statistics, November Issue
  2. IMD Little & James Mirrlees, (1974) “Project Appraisal and Planning for Developing Countries”, Heinemann Educational Books, London
  3. Lyn Squire & HG Van Tak, (1975) “Economic Analysis of Projects”, John Hopkins
  4. Prasanna Chandra, (1986) “Projects Preparation, Appraisal, Budgeting and Implementation”, Tata Mc Graw Hill Publishing Company Ltd, New Delhi
  5. OECD,(1972), “Manual of Industrial Project Analysis in developing Countries-Methodology and Case Studies”, OECD, Paris
  6. UNIDO, (1972), “Guidelines for Project Evaluation” (authored by Amartya sen, Parth Dasgupta & Stephen Marglin),United Nations, New York
  7. UNIDO, (1978), “Manual for the Preparation of Industrial Feasibility Studies, United Nations, New York
  8. UNIDO, (1978), “Guide to Practical Project Appraisal” United Nations, New York
  9. Additional Readings
  10. Lal Deeak, (1972), “Wells and Welfare: An Exploratory Cost-Benefit Study of Small-Scale Irrigation in Maharashtra”
  11. Layard Richard (Ed), (1976), “Cost Benefit Analysis”, Penguin Books Ltd, Middlesex, England
  12. Mishra, S.N.& John Beyer,(1978), “Cost-benefit analysis: a case study of the Ratnagiri Fisheries Project”,
  13. Hindustan Publishing Co
  14. Rath, B. (1980),"Social Benefit Cost Analysis of the Rengali Multi-purpose Project, Orissa". Ph.D. thesis, IIT, Kanpur, (mimeo)
  15. Rath, B. (1984),"A Note on Approaches to Project Evaluation". The India Journal of Economics, Vol.64, Part III, pp.353-360.
  16. Rath, B. & Singhania, R. (1988), "Economic Evaluation of Solar Water Heating System as a Device to Conserve Conventional Fuel in the Dairy Industry". Proceedings Eighth National Symposium on Refrigeration and Air Conditioning, IIT Kanpur, February 26-27, pp. 207-219.
Poverty, Inequality and Human Development
H 616

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

The Course will train the students will the theoretical foundations of poverty, inequality and human development and practical knowledge of different measures of poverty, inequality and Human development

Course Contents:

  1. Poverty (4 lectures , 2 tutorials)
    Concepts, Definitions, dimensions and analytical context
  2. Measures of Poverty (6 lectures, 4 tutorials)
    Headcount index, poverty gap and poverty severity indexes; FGT(Foster-Greer-Thorbecke) family of poverty measures; Sen and Sen-Shorrocks-Thon indexes of poverty and decomposition ; Watts index and exit measure.
  3. Poverty in India (6 lectures, 4 tutorials)
    Definition and measurement of Poverty in India: A Chronological Examination; The Great Indian
    Poverty Debate: A Snapshot; Identification of the Poor in India’s Five year plans.
  4. Poverty Profiles (6 lectures, 4 tutorials)
    Rationale for poverty profile; Presentation of dimensions of poverty; Use of additive poverty measures and poverty comparisons; Poverty comparisons over time: sampling frame and method, adjustment for price differences; Poverty mapping and relative risk.
  5. Inequality Measures (4 lectures , 2 tutorials)
    Difference between inequality and poverty; Measures of Inequality : Lorenz Curve; Gini Coefficient; generalized entropy measures including Theil’s T and Theil’s L., Atkinson’s inequality measure; Axioms of inequality and satisfying conditions of the measures of inequality; Decomposition of inequality measures.
  6. Growth, inequality and Poverty (4 lectures , 2 tutorials)
    Debates on Growth versus inequality and poverty growth linkages.
  7. Multidimensional Poverty (4 lectures , 2 tutorials)
    Properties of multidimensional poverty; Multidimensional poverty measures: issues of identification and aggregation; Multidimensional Poverty Measures.
  8. Human Development (4 lectures , 2 tutorials)
    Human Development Concepts and Approaches ; Introduction to HD Measurement Issues
  9. Growth, inequality and Human Development (4 lectures , 2 tutorials)
  10. Inequality Adjustment and inclusiveness of Human Development (4 lectures , 2 tutorials)
    The need for inequality adjustment in HDI: HDI in India Patterns and Trends; Disaggregating human development: An assessment of inclusiveness; Inter-dimensional response across the three dimensions: the optimal evaluation

Text Books

  1. Readings for Topic 1
  2. Ravallion, Martin. 1992. “Poverty Comparisons: A Guide to Concepts and Methods.” Living
  3. Standards Measurement Surveys Working Paper No. 88, World Bank, Washington, DC.
  4. ———. 1998. “Poverty Lines in Theory and Practice.” Living Standards Measurement Surveys
  5. Working Paper No. 133, World Bank, Washington, DC.
  6. Sen, Amartya. 1987. Commodities and Capabilities. Amsterdam: North-Holland.
  7. World Bank. 2000. World Development Report 2000/2001: Attacking Poverty. Washington, DC:
  8. World Bank.
  9. Readings for Topic 2
  10. Atkinson, Anthony. 1987. “On the Measurement of Poverty.” Econometrica 55: 749–64. Clark,
  11. Stephen, Richard Hemming, and David Ulph. 1981. “On Indices for the Measurementof Poverty.”
  12. Economic Journal 91 (361): 515–26.
  13. Dalton, Hugh. 1920. “The Measurement of the Inequality of Incomes.” Economic Journal 30:384–61.
  14. Foster, James, J. Greer, and Eric Thorbecke. 1984. “A Class of Decomposable Poverty Measures.”
  15. Econometrica 52 (3): 761–65.
  16. Morduch, Jonathan. 1998. “Poverty, Economic Growth, and Average Exit Time.” Economics Letters 59: 385–90.
  17. Ravallion, Martin. 1996. “How Well Can Method Substitute for Data? Five Experiments in Poverty
  18. Analysis.” The World Bank Research Observer 11 (2): 199–221.
  19. Ravallion, Martin, and Shaohua Chen. 2001. “Measuring Pro-Poor Growth.” Policy Research
  20. Working Paper No. 2666, World Bank, Washington, DC
  21. Sen, Amartya K. 1976. “Poverty: An Ordinal Approach to Measurement.” Econometrica 44 (2):219–31.
  22. Xu, Kuan, and Lars Osberg. 2002. “On Sen’s Approach to Poverty Measures and Recent Developments.” Working Paper, Department of Economics, Dalhousie University, Halifax, Nova Scotia.
  23. Zheng, B. 1993. “An Axiomatic Characterization of the Watts Poverty Index.” Economics Letters 42 (1): 81–6.
  24. Readings for Topic 3
  25. Ahluwalia, M. S., ‘Rural Poverty and Agricultural Performance in India’, Journal of Development Studies, April 1978.
  26. Bandyopadhyay, K.R., Poverty Alleviation and Pro-poor Growth in India, New Delhi: Asian Institute of Transport Development, 2007.
  27. Bardhan, P. K., and T N Srinivasan (eds.) Poverty and Income Distribution in India, Calcutta: Indian Statistical Publishing Society, 1974.
  28. Council for Social Development (CSD), India Social Development Report, New Delhi: Oxford University Press, 2006.
  29. Dandekar, V.M. and N. Rath, Poverty in India, 1971, (Pune: Indian School of Political Economy).
  30. Datta, K.L. and Savita Sharma, Facets of Indian Poverty, New Delhi: Concept Publishing, 2002.
  31. Deaton, Angus and Valerie Kozel, The Great Indian Poverty Debate, Delhi: MacMillan, 2005.
  32. Deaton, Angus and Jean Dreze, ‘India’s Food Puzzle: Growth, Poverty and Malnutrition’, paper presented at the International Conference on Microeconomics of Growth in India, organized by ICRIER at New Delhi on December, 2006.
  33. Government of India, ‘Task Force on Projections of Minimum Needs and Effective Consumption Demand’, Perspective Planning Division, Planning Commission, 1979.
  34. Government of India, ‘Study Group on Estimation of Poverty Line’, Perspective Planning Division, Planning Commission, 1984.
  35. Government of India, ‘Report of the Expert Group on Estimation of Proportion and Number of Poor’, Perspective Planning Division, Planning Commission, 1993.
  36. Government of India, ‘Report of the Expert Group on the Methodology for the BPL Census 2009’, Economic and Monitoring Wing, Ministry of Rural Development, Government of India, August, 2009.
  37. Government of India, ‘Report of the Expert Group to Review the Methodology for Estimation of Poverty’, Planning Commission, November, 2009.
  38. Lancaster, G. and R. Ray, ‘On Setting the Poverty Line Based on Estimated Nutrient Prices: Condition of Socially Disadvantaged Groups During the Reform Period’, Economic and Political Weekly, January 1, 2005.
  39. Mehta, J. and S. Venkatraman, ‘Poverty Statistics: Bermicide’s Feast’, Economic and PoliticalWeekly, July 1, 2000.
  40. Palmer-Jones, R. and K. Sen, ‘On India’s Poverty Puzzles and the Statistics of Poverty’, Economic and Political Weekly, January 20, 2001.
  41. Sen, Pronab, ‘‘Of Calories and Things: Reflections on Nutritional Norms, Poverty Lines and Consumption Behaviour in India’, Economic and Political Weekly, October 22, 2005. 31. Saxena, N. C., ‘Poverty Estimates for 1999-2000’, Planning Commission, New Delhi, 2001.
  42. Sen, Amartya, ‘Development as Capability Expansion’, Journal of Development Planning,Vol.19, pp.41-58, 1989.
  43. Subramanian, S., ‘Unraveling a Conceptual Muddle: India’s Poverty Statistics in the Light of Basic Demand Theory’, EPW, January 1, 2005.
  44. World Bank, World Development Report, Washington DC: World Bank, 2001. Readings for Topic 4
  45. Ravallion, Martin, and Monika Huppi. 1991. “Measuring Changes in Poverty: A Methodological Case Study of Indonesia during an Adjustment Period.” World Bank Economic Review5 (1): 57–82.
  46. Huppi, Monika, and Martin Ravallion. 1991. “The Sectoral Structure of Poverty during an Adjustment Period: Evidence for Indonesia in the Mid-1980s.” World Development 19 (12): 1653–78.
  47. Deaton, Angus. 2001. “Computing Prices and Poverty Rates in India, 1999–2000.” Working Paper, Research Program in Development Studies, Princeton University. Readings for Topic 5
  48. Adams, Richard H., Jr. 1999. “Nonfarm Income, Inequality, and Land in Rural Egypt.” PolicyResearch Working Paper No. 2178, World Bank, Washington, DC.
  49. Atkinson, A. B. 1970. “On the Measurement of Inequality.” Journal of Economic Theory 2 (3):244–63.
  50. ———. 1983. The Economics of Inequality, 2nd edition. Oxford: Clarendon Press.
  51. Bourguignon, François, Francisco Ferreira, and Nora Lustig, eds. 2005. The Microeconomics of Income Distribution Dynamics in East Asia and Latin America. Washington, DC: World Bank and Oxford University Press.
  52. Dollar, David, and Paul Glewwe. 1998. “Poverty and Inequality: The Initial Conditions.” In Household Welfare and Vietnam’s Transition, ed. David Dollar, Paul Glewwe, and Jennie Litvack. World Bank Regional and Sectoral Studies. Washington, DC: World Bank.
  53. Duclos, Jean-Yves, and Abdelkrim Araar. 2006. Poverty and Equity: Measurement, Policy and Estimation with DAD. New York: Springer, and Ottawa: International Development Research Centre.
  54. Ferreira, Francisco, and Ricardo Paes de Barros. 2005. “The Slippery Slope: Explaining the Increase in Extreme Poverty in Urban Brazil, 1976–1996.” In The Microeconomics of Income Distribution Dynamics in East Asia and Latin America, ed. François Bourguignon, FranciscoFerreira, and Nora Lustig. Washington, DC: World Bank and Oxford University Press.
  55. Ferreira, M. Luisa. 1996. “Poverty and Inequality during Structural Adjustment in Rural Tanzania.” Policy Research Working Paper No. 1641, World Bank, Washington, DC.
  56. Gottschalk, P., and T. Smeeding. 2000. “Empirical Evidence on Income Inequality in IndustrialCountries.” In Handbook of Income Distribution. Volume 1. Handbooks in Economics, vol.16, 119
  57. Readings for Topic 6
  58. Dollar, David and Aart Kraay (2000). “Growth is good for the poor”, World Bank, Washington DC
  59. Fields, Gary (1989). “Changes in poverty and inequality in developing countries”, World Bank Research Observer, 4:167-186.
  60. Datt, Gaurav (1999): “Has Poverty in India Declined since the Economic Reforms?,”Economic and Political Weekly 34 (December 11-17).
  61. Birdsall, Nancy, D. Ross and R. Sabot (1995). “Inequality and Growth Reconsidered: Lessons from East Asia”, World Bank Economic Review 9(3): 477-508.
  62. Deininger, K. and L. Squire, 1998, New ways of looking at old issues: Inequality and growth, Journal of Development Economics, vol. 57, pp. 259–287.
  63. Ravallion, M(2004),”Pro-poor Growth: A Primer”, Development Research Group, The World Bank, Washington DC.
  64. Ravallion, M. and Chen, S. (1997) “What Can New Survey Data Tell us about Recent Changes in Distribution and Poverty ?”. The World Bank Economic Review. Vol. 11 (2): 357-82
  65. Readings for Topic 7
  66. Alkire, S. and J. Foster. (2008): “Counting and Multidimensional Poverty Measurement”, Working Paper No 7, Oxford Poverty and Human Development Initiative
  67. Bourguignon , F. and S. Chakravarty. (2003): “The Measurement of Multidimensional Poverty”, Journal of Economic Inequality. 1: 25-19.
  68. Deutsch, J. and J. Silber (2005), “Measuring Multidimensional Poverty: An Empirical Comparison of Various Approaches”, Review of Income and Wealth. 51 (1): 145-174.
  69. Readings for Topic 8
  70. Filmer,D. and Scott,K. (2008). Assessing Asset Indices. World bank Policy Research Working Paper No. 4605, World Bank.
  71. Foster, J.E., Lopez-Calva, L. and Szekely,M. (2005). Measuring the distribution of human development: methodology and application to Mexico. Journal of Human Development, 6 ,529.
  72. Foster, J. E. (2000). Path Independent Inequality Measures. Journal of Economic Theory,91 , 199-222.
  73. Grimm, M., Harttgen, K., Klasen, S., & Misselhorn, M.(2008). A Human Development Index by income groups. World Development 36, 2527-2546.
  74. Grimm, M., Harttgen, K., Klasen, S., & Misselhorn, M., Munzi , T., Smeeding, T. (2009). Inequality in Human Development: An Empirical Assessment of 32 Countries. Social Indicators Research, Published on line.
  75. Readings for Topic 9
  76. Filmer,D. and Scott,K. (2008). Assessing Asset Indices. World bank Policy Research Working Paper No. 4605, World Bank.
  77. Foster, J.E., Lopez-Calva, L. and Szekely,M. (2005). Measuring the distribution of human development: methodology and application to Mexico. Journal of Human Development, 6 , 5-29.
  78. Foster, J. E. (2000). Path Independent Inequality Measures. Journal of Economic Theory,91
  79. Grimm, M., Harttgen, K., Klasen, S., & Misselhorn, M.(2008). A Human Development Index by income groups. World Development 36, 2527-2546.
  80. Grimm, M., Harttgen, K., Klasen, S., & Misselhorn, M., Munzi , T., Smeeding, T. (2009).Inequality in Human Development: An Empirical Assessment of 32 Countries. SocialIndicators Research, Published on line.
Environmental and Ecological Economics
H 615

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

This course will provide a broad overview of environmental and ecological economics, natural resource management, climate change, and environmental impact assessment. This course will give the students a practical understanding of economic valuation of ecological services, and environment and how to account for environment in national income accounting and making economic policy decisions.

Course Contents:

  1. Measuring values (6 lectures, 4 tutorials)
    Benefits and costs – overview; total value – use and non-use values of goods; Willingness-to-Pay versus Willingness-to-Accept; economic valuation of changes in human health – mortality and morbidity concepts; statistical value of life; economic valuation of biodiversity – existential value concept
  2. Production Function Approaches to Economic Valuation (6 lectures, 4 tutorials)
    Environmental valuation from market information including prices – dose response function, productivity change method, substitution cost method, illness costs, human capital; applications
  3. Revealed Preference Approaches (6 lectures, 4 tutorials)
    Revealed preference models of valuation – basic theory; Hedonic pricing method – property market and labour market; travel cost method – individual model and zonal model; defensive cost method – defensive costs of decreased drinking water quality; applications
  4. Stated Preference Approaches and Benefit Transfer: (6 lectures, 4 tutorials)
    Contingent valuation method – bias, experimental markets; choice modelling – choice experiment, contingent comparison, contingent scoring, pair comparison; applications; benefit transfer approaches – value transfer in theory and practice.
  5. An introduction to ecological economics (6 lectures, 4 tutorials)
    The economy in the environment – a conceptual framework, Economic accounting, Input–output accounting, National income accounting conventions, National income as the measure of economic performance, National income accounting and the environment, Environmental policy instruments, Choice of environmental policy instruments; Climate change; the nature and extent of the problem, Mitigation targets and instruments, what is being done about the problem?
  6. Biodiversity loss (3 lectures, 1 tutorials)
    The biodiversity-loss problem, why it is a difficult problem, Conservation policy

Reference Books

  1. Common Mick and Sigrid Stagl (2005) Ecological Economics An Introduction, Cambridge University Press, New York.
  2. Haque A. K. Enamul, M.N Murty and Priya Shyamsundar [ed] (2011) Environmental Valuation in South Aisa, Cambridge University Press, Delhi, India.
  3. Ghosh, Nilanjan, Pranab Mukhopadhyay, Amita Shah and Manoj Panda [ed] (2016) Nature, Economy and Society: Understanding the Linkages, Springer, New Delhi.
  4. Bateman, Ian J. et al. (2002) Economic Valuation with Stated Preference Techniques: A Manual, Edward Elgar.
  5. Freeman, A. M.: (2003) The Measurement of Environmental and Resource Values, 2nd Edition, Resources for the Future.
  6. Johansson, P.-O.: Cost-benefit analysis of environmental change, Cambridge University Press, 1993.
  7. Kadekodi, G.K. (ed.) (2004), Environmental Economics in Practice – Case Studies from India, Oxford University Press, Delhi.
  8. Chopra, K. and V. Dayal (ed.) (2009), Handbook of Environmental Economics in India, Oxford University Press, Delhi.
  9. Baumol, W.J. and W.E. Oates (1998), The theory of Environmental Policy, Cambridge University Press.
  10. Kolstad, C. (2000), Environmental Economics, Oxford University Press.
  11. Sankar, U. (2001), Environmental Economics, Oxford University Press, Delhi
Issues in Public Finance
H 613

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

The course will familiarlise the students with various fundamental concepts and issues in public finance and broaden their understanding on major critical areas of public finance policies including administrative, political and economic constraints to reforms. It will develop the competence of the students to identify major issues in public finance for a critical evaluation of policies.

  1. Role of Government and Budgeting (6 lectures, 4 tutorials)
    Measurement of deficits, Budgeting - Performance based budget; Outcome budget,
    Rule based budgeting.
  2. Fiscal Policy & Monetary Policy (4 lectures, 2 tutorials)
    Fiscal Accommodation/ accommodative monetary policy. Ricardian Equivalence
    Theorem (RET): A Critical perspective.
  3. Fiscal Performances (4 lectures, 2 tutorials)
    Of both Center and State governments in India - Expenditure, revenue and deficits trends.
  4. Issues in Public Debt (4 lectures, 2 tutorials)
    Assessment of sustainability of debt - (a) Accounting Approach and (b) Present Value Budget Constraint Approach.
  5. Fiscal Transfer (6 lectures, 4 tutorials)
    Evolution in the Federal Fiscal Mechanism of Transfers: some perspectives on various Finance Commissions’ recommendation and policy design with a specific reference to 12 th , 13th and 14 th FCs.
  6. Equity and Efficiency in Fiscal Transfer (3 lectures, 1 tutorials)
    Assessment of equity aspect in transfer mechanism in Indian context. An International Comparison with other Federal Countries’ Transfer mechanism.
  7. Fiscal Decentralization Experience in India (3 lectures, 1 tutorials)
  8. Taxation (4 lectures, 2 tutorials)
    Optimality in Taxation, Elasticity and Buoyancy, Direct tax and Indirect taxes,
  9. Major Tax reforms. (6 lectures, 4 tutorials)
    Implementation of VAT and GST, Expenditure Reforms and Management, Government subsidy and its implication on the economy.
  10. Fiscal Consolidation and its consequences (2 lectures, 1 tutorials)

Text Books

  1. Aian Schenk & Oliver Oldman (2007) “VAT: A Comparative Approach”, Cambridge University Press.
  2. Bagchi A. (2005) “Readings in Public Finance”, Oxford University Press.
  3. Bagchi, A. (2005) “Symposium on Report of Twelfth Finance Commission: Introduction and Overview”, EPW, Pp.3388-3395.
  4. Bagchi, A. & Stern, N. (1994) “Tax Policy and Planning in Developing Countries”, Oxford University Press.
  5. Barro, R. J. (1974) “Are Government Bonds Net Wealth?’ Journal of Political Economy, 82 (6), Pp. 1095-1170.
  6. Blejer, M, I. and Andrienne, C. (1991) “Measurement of Fiscal Deficits: Analytical and Methodological Issues”, Journal of Economic Literature., 29(4), Pp.1644-78.
  7. Buiter, W. H.(1990) “Principles of Budgetary and Financial Policy”, Harvester Wheatsheafhm, New York.
  8. Diamond, P. (1965) National Debt in a Neoclassical Growth Model”, The American Economic Review, 55(5), Pp.1126-50.
  9. Easterly, W., Roddriguez, A. and Schmidt-Hebbel, K. (eds) (1994) “Public Sector Deficits and Macroeconomic performance”, Oxford University Press for the World Bank, New York.
  10. Ehtisham Ahmed & Giorgio Brosio (2008) “Handbook of Fiscal Federalism”, Edward Elgar publishing ltd.
  11. Gurumurthi, S. (1999) “Fiscal Federalism Towards an Appropriate VAT System for a Federal Economy,” Economic and Political Economy, 2875-2888.
  12. Isaac, T. M. Thomas, P. Chakraborty ( 2008) “Intergovernmental Transfers: Disquieting Trends and the Thirteenth Finance Commission”, Economic and Political Economy, Pp. 86-92.
  13. Kannan, R., S. M. Pillai, R. Kausaliya, J. Chander (2004) “Finance Commission Awards and Fiscal Stability in States”, Economic and Political Economy, Vol.XXXIX(5), Pp.477-491.
  14. Oates, Wallace (1999) “An Essay on Fiscal Federalism”, Journal of Economic Literature, Vol. XXXVII.
  15. Pethe Abhay (2009) “Aide-memoire to the13th Finance Commission on Devolution of Funds”, Economic and Political Economy, Vol. XLIV (24), Pp.16-22.
  16. Rakshit, M. (2000) “On Correcting Fiscal Imbalances in the Indian Economy: Some Perspectives”. ICRA Bulletin. 61
  17. Rao, M. G. (2003) “Reform in Central Sales Tax in the context of VAT,” Economic and Political Economy, EPW, Vol.XXXVII (6), Pp.627-636.
  18. Rao, M. G. (2004) “Linking Central Transfers to Fiscal Performance of States”, Economic and Political Economy, Pp.1820-25.
  19. Rao, R. Kavita (2004) “Impact of VAT on Central and State Finances”, Economic and Political Economy, Pp.2773-2777.
  20. Twelfth FC (Nov. 2004) “Report of 12th FC - 2005-10” .
  21. Thirteenth FC (Dec. 2009) “Report of 13th FC - 20010-15”.
  22. Fourteenth FC (Jan, 2015) Report of 14 th FC -2015-20
Econometrics Theory and Application
H 612

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

The course will familiarise the students with the fundamentals of the applied developments in research methodology, both quantitative and qualitative. It will enable the students to model and analyse empirical social-economic relations in multivariate analytical framework.

Course Contents:

  1. Sampling: (6 lectures, 4 tutorials)
    Sample size and sampling error
    Probability sampling (Simple Random Sampling, Systematic Sampling, Stratified Sampling, Probability Proportional to Size Sampling, and Cluster or Multistage Sampling) and
    Nonprobability sampling (Accidental Sampling, Quota Sampling and Purposive Sampling, Line-intercept sampling, Panel sampling, snowball (chain) sampling).
  2. Multiple Regression with R (6 lectures, 4 tutorials)
    (OLS estimation and interpretation; Violation of assumptions; Simultaneous equation model estimation; Binary and multi-nomial logit and probit models; Tobit model)
  3. Multivariate Analysis with SPSS (8 lectures, 4 tutorials)
    (ANOVA, ANCOVA and MANOVA; Principal components analysis/ Factor analysis
    Multidimensional scaling; Clustering systems; Discriminant analysis)
  4. Time Series Analysis with Gretl/Stata (8 lectures, 4 tutorials)
    (ACF and PAF; Units roots tests; ARIMA model; ARCH/GARCH models; VAR models; Cointegration)
  5. Panel data Analysis with Gretl/Stata (6 lectures, 4 tutorials)
    (Fixed Effects and Random Effects method; Hypotheses testing; Dynamic Panel Data models)

Text Books

  1. Essential Readings
  2. Asteriou, Dimitrios and Hall, Stephen G. (2011) Applied Econometrics 2nd ed. Macmillan.
  3. Baltagi, B. H. (2001) Econometric Analysis of Panel Data, 2nd edition, John Wiley.
  4. Bond, Trvor G., and Fox, Christine M. (2007) Applying the Rasch Model. 2nd ed. Lawrence Erlbaum Associates.
  5. Cameron, A. Colin and Trivedi, Pravin K. (2005). Microeconometrics: Methods and Applications. Cambridge University press. 5. Chambers, R L, and Skinner, C J (editors) (2003), Analysis of Survey Data, Wiley
  6. Cheng, Hsian (1986) Analysis of Panel Data, Cambridge University Press.
  7. Cochran, William G. (1977) Sampling Techniques. 3rd ed. Wiley Eastern.
  8. Denzin, Norman K. and Lincoln, Yvonna S. (ed.) (2005) The Sage Handbook of Qualitative Research. Sage.
  9. Draper, Norman R. and Smith, Harry. (1998). Applied Regression Analysis. Third Edition. Wiley.
  10. Enders, Walter (1995) Applied Econometric Time Series, John Wiley & Sons.
  11. Everitt, Brian S and Dunn, Graham. (2001). Applied Multivariate Data Analysis. Second Edition. Arnold.
  12. Fox, John. (2008). Applied Regression Analysis and Generalized Linear Models. Sage.
  13. Gelman, Andrew and Cortina, Jeronima (ed.) (2009) A Quantitative tour of the Social Sciences. CUP.
  14. Granger, C. W. J. (ed.) (2001) Essays in Econometrics: Collected Papers, Edited by Eric Ghyseis et al., Cambridge University Press.
  15. Greene, William H. (2003). Econometric Analysis Fifth Edition. Pearson Education.
  16. Groves, Robert, et al. (2010) Survey methodology Second edition. Wiley.
  17. Hamilton, J. D. (1994) Time Series Analysis, Princeton University Press.
  18. Hammersley, Martyn (2013) What is Qualitative Research? Bloombury.
  19. Hendry, David F. (1995) Dynamic Econometrics, Oxford University Press.
  20. Holland, Jermey with John Campbell (ed.) (2005) Methods in Development Research: Combining Qualitative and Quantitative Approaches. Practical Action Publishing.
  21. Johnston, J (1984). Econometric Methods. Third Edition. Mcgraw-Hill.
  22. Korn, E.L., and Graubard, B.I. (1999) Analysis of Health Surveys, Wiley
  23. Kmenta, Jan (1971). Elements of Econometrics. Macmillan.
  24. Lutkepohl, Helmut (2006) New Introduction to Multiple Time series Analysis. Springer.
  25. Maddala G. S. and Kim, In-Moo (1998) Unit Roots, Cointegration and Structural Change, Cambridge University Press.
  26. Maddala, G.S. (2002), Introduction to Econometrics, 3rd ed., Wiley.
  27. Makridakis, S., Wheelwright, S. C. and McGee, V. E. (1983) Forecasting – Methods and Applications, Second edition, John Wiley & Sons.
  28. Mills, Terrence C. (1990) Time Series Techniques for Economists, Cambridge University Press.
  29. Mukherjee, C.M. et al. (1998). Econometrics and Data Analysis for Developing Countries, Routledge.
  30. Taylor, Geroge R. (ed.) (2010) Integrating Quantitative and Qualitative Methods in Research. 3rd ed. University Press of America.
  31. Tracy, Sarah J. (2013) Qualitative Research Methods. Wiley-Blackwell.
  32. Verbeek, Marno. (2012). A Guide to Modern Econometrics. 4th Edition. Wiley
Advanced Economic Theory
H 611

Approval: Economics, PG-Elective

Credit: 4

Syllabus:

Outcome of the Course:

The Course will train the students with the latest developments in micro and macro theories which provides the solid foundation to carry out research

Micro Economics

  1. Choice under uncertainty (3 classes, 1 tutorial) 
    Theory and application in rural insurance market
  2. Topics in interlinked markets (6 classes, 2 tutorials)
    Imperfect competition and fragmented markets a. rural markets – land, labour and credit
  3. Topics on asymmetric information (4 classes , 2 tutorials)
    Principal agent problem b. Adverse selection
  4. Externalities and public goods (3 classes, 1 tutorials)
  5. Issues in rural urban interactions (2 classes, 1 tutorial)
    Harris-Todaro model
  6. Inequality, occupational choice and human capital (4 classes, 2 tutorials)
    Access to credit market b. Choice of occupation
  7. Poverty and intra-household resource allocation (2 classes, 1 tutorial)

Macro Economics

  1. Inflation (4 classes, 2 tutorials)
    Quantity Theory of Money, Natural rate hypothesis, Models of nominal rigidities, New Keynesian view on inflation, Structuralist view, Welfare costs of inflation
  2. Unemployment (2 classes, 1 tutorial)
    Demand failures and Keynesian unemployment, Search theoretic models of unemployment, Efficiency wage models
  3. Debt and Deficits (4 classes, 1 tutorial)
    Debt-deflation theory of depressions, Public debt sustainability, Ricardian Equivalence
  4. Business Cycles (4 classes, 1 tutorial)
    Keynesian models of endogenous cycles, Growth cycles, Real business cycles, Money and DSGE
  5. Finance in Macroeconomics (4 classes, 1 tutorial)
    Minskian instability hypotheses, Financial bubbles and crashes, the Efficient market hypothesis, Crises and policy responses
  6. Crises (4 classes, 1 tutorial)
    Financial, Fiscal and External: Models of crisis, Great recession, Lessons from the East Asian crisis and Global financial crisis
  7. Stabilisation policy (4 classes, 1 tutorial)
    Monetary and Fiscal Policies: Dynamic inconsistency and rules versus discretion, Policy ineffectiveness, Monetary policy transmission mechanisms, Optimal monetary policy rules, Inflation targeting, Fiscal policy, Coordination of fiscal and monetary policies

Reference Books

  1. Selected Readings for Macro Economics
  2. Alan S. Blinder (1982) issues in the coordination of monetary and fiscal policy, NBER working paper series, NBER working paper series, working paper No. 982.
  3. Barro, R. J. & D. B. Gordon (1983) “Rules, Discretion and Reputation in a Model of Monetary Policy”, Journal of Monetary Economics 12(1): 101-121.
  4. Bean, C., J. Larsen and K. Nikolov (2002) “The Monetary Transmission Mechanism: Theory, Evidence and Policy Implications”, European Central Bank Working Paper No 133: 1-67.
  5. Bernanke, B.S. & F.S. Mishkin (1997) “Inflation Targeting: A New Framework for Monetary Policy,” Journal of Economic Perspectives 11(2): 97-116.
  6. Blanchard, O.J., G. Akerlof, D. Romer, and J. Stiglitz (2014) “Macroeconomic Policy after the Crisis”, Cambridge, Mass: MIT Press.
  7. Boivin, Michael T. Kiley & F.S. Mishkin (2010) “How Has the Monetary Transmission Mechanism Evolved Over Time?”, Handbook of Monetary Economics, Chap.8, 3: 369 422.
  8. Bordo, M. & A. J. Shwartz (1999) “Monetary Policy Regimes and Economic Performance: The Historical Record”, Handbook of Macroeconomics 1: 149-234.
  9. Chari, V. & Kehoe, P. (1999)“Optimal Fiscal and Monetary Policy”, in J. Taylor and M. Woodford (eds.), Handbook of Macroeconomics, Vol.1. Part C, North Holland:1671-1745.
  10. Cross, Rod (ed.) “Unemployment, Hysteresis, and the Natural Rate Hypothesis”, Oxford: Blackwell,1988.
  11. Dixit, A. & Lambertini, L. (2003) “Interactions of Commitment and Discretion in Monetary and Fiscal Policies”, American Economic Review 93:1522-1542.
  12. Domar, E. (1944) “The Burden of the Debt and the National Income”, American Economic Review, 34: 798-827.
  13. Friedman, M. (1967) “The Role of Monetary Policy”, American Economic Review, 58(1):117.
  14. Gali Jordi (2008) “Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework”, Princeton University Press.
  15. Guillermo A. Calvo & Carlos A Vegh (1999) “Inflation Stabilization and BOP Crises in Developing Countries”, Chap.24, Handbook of Macroeconomics, Vol. 1, Part C: 1531-1614.
  16. Hartley, James, Kevin D. Hoover & Kevin D. Salyer(eds.)“Real Business Cycles: A Reader”,London: Routledge, 1998.
  17. Kaldor N. & Trevithick J. (1981) “A Keynesian Perspective on Money, in N. Kaldor”, Collected Economic Essays, 9.
  18. Keynes, J. M. (1936) “The General Theory of Employment, Interest and Money”, London: Macmillan.
  19. Krugman Paul (1979) “A Model of Balance of Payment Crisis”, Journal of Money Credit and Banking 11(3): 311-325.
  20. Krugman, P. (2008) “The Return of Depression Economics and the Crisis of 2008”, New York: W.W. Norton.
  21. Kydland, Finn E & Edward C. Prescott (1977) “Rules rather than Discretion: The Inconsistency of Optimal Plans”, The Journal of Political Economy 85:473-492.
  22. Lucas, R.E. & Sargent, T. J. (1979) “After Keynesian Macroeconomics”, Federal Reserve Bank of Minneapolis Quarterly Review 3:1-16.
  23. Lucas, Robert E., Jr., & Thomas J. Sargent, (eds.) “Rational Expectations and Econometric Practice”, London: Allen and Unwin, 1981.
  24. Maria Luisa Petit (1989) “Fiscal and Monetary Policy Co-Ordination: A Differential Game Approach”, Journal of Applied Econometrics 4 (2):161-179.
  25. Minsky, J. (1986) “Stabilizing an Unstable Economy”, New York: McGraw-Hill.
  26. Mishkin, F.S. & Miguel A. Savastano (2002) “Monetary Policy Strategies for Emerging Market Countries: Case Studies from Latin America”, Comparative Economic Studies 44: 45-82.
  27. Mishkin, F.S. (1995) “Symposium on the Monetary Transmission Mechanism”. Journal of Economic Perspectives 9(4): 3-10.
  28. Mishkin, F.S. (2001) “The Transmission Mechanism and the Role of Asset Prices in Monetary Policy”, NBER Working Paper 8617.
  29. Obstfeld, M. (1986) “Rational and Self-fulfilling Balance-of-Payments Crises”, American Economic Review 76(1): 72-81.
  30. Radelet, S. & J. Sachs (1998) “The East Asian Financial Crisis: Diagnosis, Remedies, Prospects”, Brookings Papers on Economic Activity 29: 1-90.
  31. Romer, D. (2012) “Advanced Macroeconomics”, New York: McGraw-Hill Irwin.
  32. Sargent Thomas J & Neil Wallace (1975) “Rational Expectations, the Optimal Monetary Instruments, the Optimal Money Supply Rule, Journal of Political Economy 83: 241-254.
  33. Stock, J. & M. Watson (1999) “Business Cycle Fluctuations in US Macroeconomic Time Series”, Handbook of Macroeconomics 1:3-64.
  34. Symposium (1997) “The Natural Rate of Unemployment,” Journal of Economic Perspectives, 11(1): 3–108.
  35. Taylor, L. (2004) “Reconstructing Macroeconomics: Structuralist Proposals and Critiques of the Mainstream”, Cambridge, Mass.: Harvard University Press.
  36. W. D. Nordhaus (1994) “Policy Games: Co-ordination and Independence in Monetary and Fiscal Policies”, Brookings Papers on Economic Activity 2:139-216.
  37. Wickens, M. (2012) “Macroeconomic Theory: A Dynamic General Equilibrium Approach”, Princeton: Princeton University Press.
  38. Woodford Michael (2003) “Interest and Prices: Foundations of a Theory of Monetary Policy”, Princeton University Press.

Text Books

  1. Bardhan, P. and C. Udry (1999). Development Microeconomics. Oxford University Press, New Delhi.
  2. Basu, K. (1997). Analytical Development Economics: The Developed Economy Revisited. The MIT Press, Cambridge: M A.
  3. Jehle, G. A. and P. J. Reny (2006). Advanced Microeconomic Theory. 2nd Edn. Pearson Education, New Delhi.
  4. Kreps, D. (1999). A Course in Microeconomic Theory. Prentice Hall, New Delhi.
  5. Mas-Collel, A., M. D. Whinston and J. R. Green (2006). Oxford University Press, New Delhi.
  6. Ray, D. (1999). Development Economics. Oxford University Press, New Delhi.
  7. Sen, A. (1996). Industrial Organization. Oxford University Press: New Delhi.
  8. Journal Papers:
  9. Banerjee, A. V. & Newman, A. F. (1993), 'Occupational Choice and the Process of Development',
  10. Journal of Political Economy 101(2), 274-298.
  11. Dasgupta, P. & Ray, D. (1987), 'Inequality as a Determinant of Malnutrition and Unemployment:
  12. Policy', The Economic Journal 97(385), 177--188.
  13. Dasgupta, P. & Ray, D. (1986), 'Inequality as a Determinant of Malnutrition and Unemployment:
  14. Theory', The Economic Journal 96(384), 1011--1034.
  15. Bardhan, P. (1980). Interlocking Factor Markets and Agrarian Development: A Review of Issues.
  16. Oxford Economic Papers, Vol. 32, No. 1, 82-98.
  17. Bhaduri, A. (1973). Agricultural Backwardness under Semi-Feudalism. Economic Journal, Vol. 83,
  18. 120-37.
  19. Harris, J. R. and M. P. Todaro (1970). Migration, Unemployment and Development: A Two-Sector
  20. Analysis. The American Economic Review, Vol. 60, No. 1, 126-142.