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Saturday, 7 January 2023

General Theory of Economics



 BASIC CONCEPTS

  • Macroeconomic Concepts
  • Meaning of Economics                         
  • Types of Economies
  • Sectors of an Economy                         
  • Other Sectors of Economy?
  • Microeconomic Concepts

 Introductory Microeconomics

ECONOMIC MEASUREMENTS

  • National Income Concepts and Methods of Calculation
  • National Income                                     
  • Real National Income                           
  • Calculating National Income  
  • Gross Fixed Capital Formation      
  •  National Income Accounts
  • Latest India’s National Income Estimates
  • New Series of National Statistics (Base Year 2011-12)
  • Annual Estimates of Expenditures on GDP
  • Per Capita Income
  • Purchasing Power Parity
  • Lorenz Curve                                           
  • Philip’s Curve
  • Gini Coefficient
  • Inflation
  • Concepts and Types of Inflation
  • Causes of Inflation                                
  • Effects of Inflation                                
  • Measures of Inflation                            
  • WPI, CPI
  • Producer Price Index
  • GDP Deflator
  • Core Inflation
  • Change in Reporting of Inflation        
  • Measures to Check Inflation?
  • Fiscal Measures
  • Administrative Measures
  • Monentary Measures             
  • Economic Growth and Development
  • Economic Growth                                   
  • Economic Development                        
  • Measurement of Economic Development   
  • Physical Quality of Life Index (PQLI)          
  • Millennium Development Goals (MDGs)     
  • Different Levels of Economic Development               
  • Economy and Environment?
  • 15th Five Year Plan and Sustainability?


MONEY AND BANKING

  • Money Function and Classification
  • Money Concept
  • Measures of Money Supply in India  
  • Indian currency system
  • Broad and Narrow Money
  • Money multiplier
  • Digital Money
  • New Monetary Aggregates
  • Monetary Policy
  • Financial Market and its Instruments
  • Concept and functions of financial markets
  • Importance of money market
  • Types of capital market
  • Distinguish between capital market and money market
  • Nature and functions of a stock exchange
  • Advantages of stock exchanges
  • Limitations of stock exchanges
  • The stock exchanges in India
  • Insurance Industry - Insurance Industry and Reforms
  • Role of Financial Regulators: SEBI and IRDA
  • Banking Structure in India
  • Scheduled Commercial Banks             
  • Nationalized Banks                                
  • Public Sector Banks
  • State Bank of India               
  • Private Banks                                          
  • Foreign Banks                                         
  • Regional Rural Banks                            
  • Scheduled Co-operative Banks           
  • Reserve Bank of India (RBI)               
  • Methods of Credit Control                    
  • Cash Reserve Ratio (CRR)
  • Statutory Liquidity Ratio (SLR)
  • Repo Rate
  • Reserve Repo Rate
  • Call Rates
  • Marginal Standing Facility (MSF)
  • Bank Rate
  • Banking Sector Reforms in India
  • Differentiated Banks
  • Payment Banks
  • Small Banks
  • New banking licence
  • White Label ATM
  • Unified Payments Interface
  • Bank Board Bureau
  • Marginal Cost of Funds Based Lending Rate (MCLR)
  • Priority Sector Lending Certificates
  • Concept of Micro ATM
  • Banking Reforms
  • Basel Norms                                            
  • Banking Ombudsman                           
  • Development Financial Institutions    
  • Financial Inclusion in India

 

PUBLIC FINANCE IN INDIA

  • Budgeting
  • Union Budget                                          
  • Plan and Non Plan Expenditure
  • Revenue Receipts
  • Tax Revenue Receipts
  • Non-Tax Revenue Receipts
  • Fiscal Policy
  • Fiscal Responsibility and Budget Management (FRBM) Act, 2003
  • Revenue Deficit, Fiscal Deficit, Primary Deficit
  • Deficit and Surplus Budget
  • Deficit Financing
  • Centre State Distribution
  • Finance Commission (A280)
  • Tax Structure in India
  • Tax – Direct Tax, Indirect Tax
  • Methods of Taxation – Progressive,
  • Regressive, Proportional
  • Value Added Tax – VAT in India
  • Goods and Services Tax – GST, GST Council

PLANNING

  • Meaning Objectives and History
  • Meaning of Economic Planning          
  • Objectives of Planning                           
  • Strategies of Planning                            
  • Harrod Domar strategy
  • Nehru Mahalonobis strategy
  • Gandhian strategy
  • LPG strategy
  • Regional and National Planning
  • Imperative and Indicative Planning
  • History of Planning in India
  • Visvesvaraya Plan, Gandhian Plan FICCI Proposal, Congress Plan Bombay Plan
  • Planning Commission and National Development Council(NDC)
  • Central Planning 
  • Types of  Planning
  • Planning Commission
  • NITI Aayog                                             
  • National Development Council (NDC)  
  • Five Year Plans in India
  • 15th Five Year Plan (2012-2017)
  • Alternative Scenarios During 12th Plan
  • Economic Reforms



OPEN ECONOMY

  • Foreign Trade Concepts
  • Balance of Payments
  • Foreign Capital – FDI, FPI, FII, QFH  
  • Foreign Exchange–Exchange Rate NEER & REER, ETF
  • FERA & FEMA
  • Capital Account Convertibility in India        
  • India's External Debt                             
  • NRI Deposits                                           
  • Trade Composition                                
  • Trade Policy and Agreements
  • Import Cover
  • Import/Export Controls
  • Foreign Trade policy 2015-20
  • Export Promotion                                   
  • General Agreement on Tariffs and Trade     
  • Exchange Rate
  • Exchange Market
  • LERMS
  • NEER
  • REER
  • ETF
  • International Organization
  • Food and Agriculture Organization (FAO)
  • International Civil Aviation Organization (ICAO)
  • International Fund for Agricultural Development (IFAD)
  • International Labour Organization (ILO)
  • International Maritime Organization (IMO)
  • International Monetary Fund (IMF)
  • International Telecommunication Union (ITU)
  • United Nations Educational, Scientific and Cultural Organization (UNESCO)           
  • United Nations Industrial Development Organization (UNIDO)
  • Universal Postal Union (UPU)
  • World Bank Group (WBG)
  • International Bank for Reconstruction and Development (IBRD)
  • International Finance Corporation (IFC)
  • International Development Association (IDA)
  • World Health Organization (WHO)
  • World Intellectual Property Organization (WIPO)
  • World Meteorological Organization (WMO)
  • World Tourism Organization (UNWTO)
  • World Trade Organization (WTO)
  • Asian Development Bank
  • Asian Infrastructure Investment Bank (AII)
  • New Development Bank
  • African Development Bank
  • Trade Agreements
  • RCEP
  • TPP



CONOMIC SECTORS

  • Poverty
  • Definition and Indices
  • Poverty in India                                      
  • Human Poverty Index (HPI)
  • Expert Groups for Estimating Poverty          
  • Inequality                                                 
  • Employment
  • Employment and Unemployment      
  • Poverty Eradication and Employment Related Related programs
  • Government Schemes and Programs
  • New Social Welfare Schemes
  • Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
  • Other Social Protection Programmes 
  • Rural Infrastructure and Development         
  • Urban Infrastructure, Housing and Sanitation  
  • Education Schemes
  • Financial Inclusion Schemes
  • Health Schemes
  • Committees
  • Ratan P Watal Committee on Digital Payment
  • Committee for Market Infrastructure Institution (MII)
  • P. J. Nayak Committee
  • Deepak Mohanty Committee Report on Medium-term Path on Financial Inclusion
  • Narasimham Committee Report on Banking Sector Reforms
  • Uday Kotak Committee on Corporate Governance
  • Nachiket Mor Committee

Statistics for Economics
  • Introduction 
  • Collection, Organisation and Presentation of Data 
  • Statistical Tools and Interpretation 


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