Functions of an economic system. Problems of choice and allocation. Role
of the Price System. Micro and Macro economic analyses.
Theory of consumer behaviour: Indifference Curve Approach. Consumer
surplus. Elasticity : Definition, Measurement and kinds.
Theory of Production : Production Function and technological progress.
Laws of Returns and Returns to scale. Cost curves. Isocost and Isoquants.
Price Theory : Pricing under perfect competition, Monopoly, Monopolistic
Competition and oligopoly. Theory of Factor Pricing Factorial distributin of
Income and Lorenz curve.
Theory of Money and Banking : Theories of the Demand for Money (upto
Milton Firedman). High Powered Theory of Money Supply. Factors affecting
Money Supply. Inflation : Cost Push and Demand, Pull control. Stagflation.
Philips curve. Monetary Policy in the light of Chakravarty Committee
Recommendations. Balance of Payments.
National Income : Concepts. Components and Measurements. National Income
and Welfare. Models of determination of Income and Employment (Classical and
Theory of Public Finance : Theory of maximum social advantage. Taxation
(Principles and Types) and effects. Incidence and shifting. Fiscal Policy
(objectives and Instruments). Deficit financing.
Theory of Economic Planning : Indicators of development. Obstacles to
development. Saving and investment, Human Resource Development. Planning.
(Meaning, objectives, types and instruments). Impact of liberalization on an
Basic Characteristics of Indian Economy. Natural Resources : Land,
Minerals, Water, Forests and Power resource.
Population : Size & growth, Labour, force. Occupational distribution and
Agriculture : Productivity Trends of Major crops (for last fifteen
years). Land Reforms Legislation.
Irrigation and Irrigational Policy. Use of Fertilizers and Fertiliser Policy
Institutional credit for Agriculture. New strategy of Agricultural
development. Agricultural Policy in India. Capital Formation in Indian
Industry : Industrial Planning and Industrial Policy. Recent Industries
Policy. Industrial Finance : IFCI, RFC, IDBI, SIDBI and Commercial Banks.
Public and Private Sector. Problems of Trade Union Movement. Social Security
Programmes. Agro Exports : Potential & Prospectus.
National Income of India : Its recent Trends.
Priorities and Strategy of current plan and its appraisal.
Centre - State Financial Relations and Recommendations of the last
Problems of Poverty, Unemployment, Inflation and Regional Inequalities.
NEP Reforms. GATT Accord, Globalisation and Strategies for MNCs.
Position of Rajasthan in Indian Economy : Agriculture, Industry and
Infra-structure. Population : Size & Growth, Rural & Urban, Human Resource
Development (Literacy, health & nutrition). Natural Resources : Land Water,
Livestock, Minerals and mineral policy.
Agriculture : Land Utilisation. Major crops and productivity trends.
Land Reforms. Dairy Development Programmes. Importance of livestock and
problems of Sheep & Goat Husbandry.
Industry : Important Industries in the State and their development.
Small Scale Industries & Handicrafts. Growth Centres and development of
Industrial area. Fiscal & Financial incentive for industry. New Industrial
and Mining Policy. Tourism Development in Rajasthan : Role problems and
Special Area Programmes : DPAP, DDP, TAD, ADP, IRDP and Special
component plan for SC and ST.
Indira Gandhi Canal.
Planning : Objectives, achievements and Constraints in Economic
Development. Objectives & Strategy of current Plan.
Budgetary policy and Trends during the 1990s in Rajasthan, Finance
Commission and Rajasthan.