1. Identify the role of supply and
2. Identify the necessary conditions for market economies to functions
3. Discuss the advantages of market system and
4. Understanding of the role of government policy and Federal Reserve for the
5. Using of algebraic and statistical method to analyze economic
6. Using different growth models for the economic development and growth of a
7. Identify the benefits and cost of International Relations to trade with other
8. Identify the importance of taxes for a development of a
9. Internalize the cost and benefit of economic activity for the
10. Understanding the importance of money and banking system for a
11. Importance of different of govt. policies started for the benefit of citizen in

COURSE OUTCOME

Introductory Microeconomics

Upon successful completion of the course a student will be able to

1. Understand how households (demand) and businesses (supply) interact in various market structures to determine price and quantity of a good
2. Understand the linkages between economic models of demand and household
3. Understand the concept of demand, the downward slope of demand, what are the reasons of its
4. Understand the concept of supply, the upward slope of supply, what are the reasons of its shifting.
5. Understand the linkages between the economic models of supply and production
6. Understand the importance of marginal cost and marginal revenue for a firm
7. Understand the different types of market, and how its affect price and output in the
8. Understand the different characteristics of market and its implications for the firm

Introductory Macroeconomics

Upon successful completion of the course a student will be able to

1. Understand the factors determining the gross domestic

2. Understand how the aggregate demand for goods and services depends on household, business, government and global
3. Understand how the aggregate supply and aggregate demand interact to drive a free market economy.
4. Understand the importance of market economy, including govt.
5. Understand the concept of national income.
6. Understand the concept of closed and open economy of an
7. Understand the importance of business
8. How fiscal and monetary policy control inflation and recession in an
9. How domestic economy interacts with the rest of the

Intermediate Microeconomics

Upon successful completion of the course a student will be able to

1. How to make decisions by using marginal analysis and opportunity
2. How to use supply and demand for determining changes in market
3. Understand the meaning of perfect competition in the market, and help us to understand how equilibrium price and output is attained in this type of
4. How to reach equilibrium prices and output in imperfect competition (e.g. monopoly, monopolistic competition, and oligopoly).
5. It will help us to understand the concept of market failure, how to use supply and demand concept to eliminate this types of market
6. How to use comparative static analysis, producer and consumer welfare, govt. intervention by using price ceiling and price
7. Understand the importance and consequences of general equilibrium and welfare economics (Pareto Optimality).

Intermediate Macroeconomics

Upon successful completion of the course a student will be able to

1. Understand the importance of using consumption function and investment function to achieve long term
2. Understand the importance of classical economist on the nature and causes of the wealth of nations.
3. Help us to understand the difference of classical and Keynesian approaches in the context of macroeconomics.
4. Importance of how goods market (IS curve) and money market (LM curve) equilibrium can be
5. Importance of effective demand to determine equilibrium in an
6. Understand the importance of international trade, international finance, and exchange rate for an

7. Understand the concept of multiplier, how different types of multiplier affect investment, employment, foreign
8. Effectiveness of monetary and fiscal policies to affect gross domestic

Mathematical Economics

Upon successful completion of the course a student will be able to

1. Understand the connections between diagrammatic models and their mathematical structures using calculus and
2. Understand how to use game theories to solve
3. Develop numerical examples to explain variety of theoretical
4. How to use maxima and minima concept to solve problems like cost minimization, output maximization, and profit maximization for a

Statistical Methods

Upon successful completion of the course a student will be able to

1. How to use different types data to make problems
2. Help us to understand the features of describe distribution
3. Help us to find single, complementary events, union and collections of
4. How to calculate mean and variance of random
5. Help us to understand the cases where we can use Binomial, Poisson and Normal distribution.
6. Help us to understand the importance of standard deviation, correlation and regression in real world.
7. Help us to understand how to use point and interval

Development Economics

Upon successful completion of the course a student will be able to

1. Identify and analyze the key economic development theories affecting a number of development issues such as trade, economic growth
2. Understand the importance of sustainable development for a
3. Critically  examine     the    linkages    between    various    development    theories    and   its
4. Review the policy implications of different economic development
5. Critically understand how the economic development theories affect the macro development policies in a

6. Determine and apply specialist knowledge and technical skills required to solve  problems
7. Understand how the different growth theories help to maximize the growth rate of a country in the global
8. How the factors like poverty, capital formation, population growth, agriculture affects the development of a

International Economics

Upon successful completion of the course a student will be able to

1. Understand the various reasons for why a country is engaged in international
2. How to use models of trade to demonstrate the gains from exchange due to trade with foreign nations.
3. Understand how the international factor mobility affects an
4. Understand how tariffs and import quotas affect the international trade of a country
5. Understand the key role of different international institutions to conduct trade across the world.
6. Understanding the different methods and concepts used by a country to keep track of international
7. Understand the role of exchange rate, and how they are determined under short run and long run.
8. Understand how the various policies may affect the exchange rate and welfare of a
9. Understanding how different exchange rate regime works such as gold standard, fixed and floating exchange rate
10. Understand the working of different international institutions with regard to rate of exchange and the flow of international

Money and Banking

Upon successful completion of the course a student will be able to

1. Understand the importance of financial sector to use the scarce resource effectively and efficiently.
2. Understand the various determinants of exchange rate.
3. Understand the concept of term structure of interest
4. Understand how the interest rate affected by changes in monetary
5. How interest rates affected by
6. Understand the various concept of yield of
7. Understand the various ways to hedge risk.
8. Understand how the fiscal and monetary policy affects the financial system of a

9. Understand the various money market and capital market Understand the components of balance of payments, factors affecting currency exchange rates.

Indian Economy

Upon successful completion of the course a student will be able to

1. Understand the nature economic development since
2. Understand the issues of land reforms, and their impact on Indian
3. Understand the importance of Green Revolution and their impact on the context  of Indian
4. Understand the major issues in Indian industry and their impact on the development of Indian
5. Understand the importance of Monetary and Fiscal policies for structural transformation of the Indian
6. Importance of different trade policies, Special economic zone, Foreign investment inflows through FII and

Public Economics

Upon successful completion of the course a student will be able to

1. How to apply microeconomic theories to public decision
2. Understand the importance of direct and indirect tax system for a
3. Understand the concept of public expenditure, and its importance for the
4. Understand the importance of public budget for a

Indian Political Economy

Upon successful completion of the course a student will be able to

1. It will help us to understand how it is possible to adopt a policy by politicians when majority of voters are against of the
2. Understand the historical and logical implications of different property
3. Understand the changing role of finance in capital
4. Explain financialisation, financial liberalization, financial
5. Understand the impact of globalization and its impact on welfare state, development, and state
6. Understand the issues in environment and