Course: Indian Economy

General

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Indian Economy

Code : COM(H)221/BL221

Credits : 03

Teacher : Dr. (Ms) Kesari Singh

Email : kesari@shooliniuniversity.com

Mobile : +91-9816603968

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Lecture 1- Introduction

Lecture: 1
Pedagogy	PowerPoint based interaction
Topics to be covered	Introduction. Course description, structure and expectations; outlining the major issues.
Learning Outcome	-
Readings	-
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture	Look for the terms like capitalism, socialism and centralized and mixed economies in the text of other related material.

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Lecture 2- Economic Systems

Lecture: 2
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Types of economic systems – capitalistic, centralized and mixed economy
Learning Outcome	Students will feel at home with the common terminology of the economic systems.
Readings	Singh, 1.5 – 1.6
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture

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Lecture 3- Types of Economies

Lecture: 3
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Types of economies – agrarian, industrial and service, mixed
Learning Outcome	Students will feel at home with the common terminology about the types of economies.
Readings	Singh, 1.13 – 1.14
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture	-

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Lecture 4- Economic Growth & Development

Lecture: 4
Pedagogy	PowerPoint based Classroom interaction
Topics to be covered	Economic growth, development and happiness – basic concepts
Learning Outcome	Students will better understand the meaning and the need for analyzing these concepts.
Readings	Singh, 2.2 – 2.18
Case Study /In-house Practical	-
Assignment/Quiz/ Project
Instructions for the Next Lecture	List the features of Indian economy.

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Lecture 5- Features of Indian Economy

Lecture: 5
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Features of Indian economy and its evolution
Learning Outcome	The students will problems and potential of Indian economy and how the same can be or are being taken care of in planning in the country.
Readings	Singh, 3.2 -3.12
Case Study /In-house Practical
Assignment/Quiz/ Project	-
Instructions for the Next Lecture	-

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Lecture 6- National Income Estimates

Lecture: 6
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	National Income in India – concept of NI and its measurement,
Learning Outcome	Students will be able to understand the macro-aggregates of income in a better way.
Readings
Case Study /In-house Practical	-
Assignment/Quiz/ Project	Assignment (group task): Collect data on NI of the country for the past 5-10 years
Instructions for the Next Lecture	-

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Lecture 7- National Income: Problems & Importance

Lecture: 7
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	National Income in India – Problems and Importance
Learning Outcome	Students will be able to understand the macro-aggregates of income in a better way.
Readings
Case Study /In-house Practical	-
Assignment/Quiz/ Project	Assignment (group task): Collect data on NI of the country for the past 5-10 years
Instructions for the Next Lecture	-

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Lecture 8- Economic Planning

Lecture: 8
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Economic planning – meaning, origin and types
Learning Outcome	The students will problems and potential of Indian economy and how the same can be or are being taken care of in planning in the country.
Readings	Singh, 4.2 – 4.7
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture

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Lecture 9- Planning Process

Lecture: 9 - 10
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Planning process in India – background, major objectives and levels of planning
Learning Outcome	The students will problems and potential of Indian economy and how the same can be or are being taken care of in planning in the country.
Readings	Singh, 5.2 – 5.8
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture	Discuss in group the NITI Aayog and its need.

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Lecture 10- Levels of Planning

Lecture: 9 - 10
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Planning process in India – background, major objectives and levels of planning
Learning Outcome	The students will problems and potential of Indian economy and how the same can be or are being taken care of in planning in the country.
Readings	Singh, 5.2 – 5.8
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture	Discuss in group the NITI Aayog and its need.

Lecture 11- Planning process in India - Planning Commission

Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Planning process in India - Planning Commission and Five Year Plans
Learning Outcome	The students will come to know the major problems and potential of Indian economy and how the same can be or are being taken care of in planning in the country.
Readings	Singh, 5.12 – 5.29; 5.6-5.88.
Case Study /In-house Practical	-
Assignment/Quiz/ Project	Assignment: Prepare a note on newly formed NITI Aayog – need for it and its structure and functions.

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Lecture 12- NITI Aayog

Pedagogy	PowerPoint based Classroom interaction
Topics to be covered	NITI Aayog
Learning Outcome	1. Get clarity about NITI AAyog, and constitution. 2. Evaluate functions of NITI Aayog 3. Differentiate between Planning Commission and NITI Aayog
Readings	Singh, 6.4-6.9
Case study/Practical	Find out the current members of NITI Aayog
Assignment

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Lecture 13- Economic reforms in India

Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Economic reforms in India -I
Learning Outcome	Clarity about reasons behind economic reforms Different reforms in India
Readings	Singh, 6.9-6.1

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Lecture 14- Impact of Economic Reforms

Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Economic Reforms- LPG
Learning Outcome	The students will come to know the impact of economic reforms in India.
Readings	Singh, 5.12 – 5.29; 5.6-5.88.
Case Study /In-house Practical	-
Assignment/Quiz/ Project	Assignment: Prepare a note on some of the reforms in various sector

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Lecture 15- Inflation

Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Inflation
Learning Outcome	The students will come to know the various concepts of Inflation
Readings	Singh, 7.1- 7.24.
Case Study /In-house Practical	-
Assignment/Quiz/ Project	Assignment: Prepare a list if items included in the basket of CPI and WPI

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Lecture 16- Inflation: Demand Pull Vs Cost Push

Pedagogy	PowerPoint based Classroom interaction
Topics to be covered	Inflation – meaning, causes and inflation in India
Learning Outcome	Clarity about the meaning and use of the term inflation and also about the level of inflation in India vis-a-vis other countries.
Readings	Singh, 7.1 - 7.24
Case Study /In-house Practical
Assignment/Quiz/ Project	Assignment: to prepare a conceptual note on the meaning and types of inflation

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Lecture 17- Inflation: Control Measures

Pedagogy	PowerPoint based Classroom interaction
Topics to be covered	Inflation – meaning, causes and inflation in India
Learning Outcome	Clarity about the meaning and use of the term inflation and also about the level of inflation in India vis-a-vis other countries.
Readings	Singh, 7.1 - 7.24
Case Study /In-house Practical
Assignment/Quiz/ Project	Assignment: to prepare a conceptual note on the meaning and types of inflation

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Lecture 18- Unemployment

Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Unemployment in Indian economy
Learning Outcome	Students will better understand the type of unemployment in the economy.
Readings	Singh, 8.1-8.8.2; and Material provided/referred in class
Case/Assignment
Instructions	Find out the current fugues for unemployment rate in India Try to analyse the reasons for unemployment in India

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Lecture 19- Unemployment: Corrective Measures

Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Unemployment: Reasons in India Unemployment: Corrective Measures in India
Learning Outcome	Learn the reasons for unemployment in India Evaluate the corrective mesaures
Readings	Singh, 8.4 – 8.10
Instructions	list the government initiatives to control unemployment in India

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Lecture 20- Poverty

Lecture: 20	Poverty
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Poverty in India
Learning Outcome	Level of comfort of the students in analyzing the poverty in India
Readings	Singh, 8.4 – 8.10
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture	-

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Lecture 21- Poverty Measures in India

Lecture: 21
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Poverty – Causes and Measures in India
Learning Outcome	Students will come to know and analyse the government initiatives to eliminate poverty
Readings	Singh, 8.18 - 8.24
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture	-

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Lecture 22- Agriculture in India

Lecture: 22
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Agriculture in India
Learning Outcome	Students will come to know about the role and contribution of agriculture in Indian Economy
Readings	Singh, 8.3 - 8.15
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture	-

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Lecture 23- Green Revolution

Lecture: 23
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Green Revolution
Learning Outcome	Students will come to know about the role that technology can play in improving food security.
Readings	Singh, 8.11- 8.15
Case Study /In-house Practical	-
Assignment/Quiz/ Project	Assignment: A note on meaning of green revolution, white revolution, blue revolution etc. and to compare the agricultural production before and after green revolution in the country
Instructions for the Next Lecture	-

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Lecture 24- Food Management

Lecture: 24
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Food Management in India – sVarious Initiatives
Learning Outcome	Need for Food Management would become clear to the students
Readings	Singh, 8.25 – 8.26
Case Study /In-house Practical	-
Assignment/Quiz/ Project
Instructions for the Next Lecture	-

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Lecture 25- Agricultural Marketing

Lecture: 25
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Agricultural marketing – issues and mesures
Learning Outcome	Students will come to know the problems in marketing of agricultural produce and efforts being made to tackle the same
Readings	Singh, 8.26 - 8.30
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture	-

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Lecture 26- National Food Security

Lecture: 26-27
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	National Food Security Mission (NFSM), Macro management of agriculture (MMA), Rashtriya Krishi Vikas Yojna (RKVY), National Horticulture Mission (NHM) NMSA
Learning Outcome	Students will come to know about the efforts being made to manage food security in the country
Readings	Singh,8.35 – 8.37
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture	-

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Lecture 27- National Horticulture Mission

Lecture: 26-27
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	National Food Security Mission (NFSM): National Horticulture Mission (NHM)
Learning Outcome	Students will come to know about the efforts being made to manage food security in the country
Readings	Singh,8.35 – 8.37
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture	-

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Lecture 28 - Food Corporation of India

Lecture: 28
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Food Corporation of India
Learning Outcome	understand the functioning of Food Corporation India analyse the initiatives in Indian Agriculture
Readings	Singh, 8.37-8.41
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture	-

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Lecture 29 - WTO

Not available

Lecture 30- Revision and Discussion

Lecture: 30
Pedagogy	classroom interaction
Topics to be covered	Initiatives in Agriculture in India
Learning Outcome	Students will be able to exchange the knowledge on the issue.
Readings
Case Study /In-house Practical
Assignment/Quiz/ Project	To come prepared with some points for discussion
Instructions for the Next Lecture	-

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Lecture 31 - Industrial Development in India

Lecture: 31
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Industrial development in India – review
Learning Outcome	Know about the status of industrialization in the country Describe the issues in Indian Industry Sector
Readings	Singh, 9.1 -9.11
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture	-Identify major industries in India

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Lecture 32 - Industrial Policies in India

Lecture: 32
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Industrial policies in India – review
Learning Outcome	Know about the efforts being made to promote industrialization in the country
Readings	Singh, 9.1 -9.11
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture	-

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Lecture 33 - New Industrial Policy, 1991

Lecture: 33
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	New Industrial Policy, 1991
Learning Outcome	Better understanding of the major policy shift in Industry Sector in 1991 Understand the economic reforms in Industry Sector
Readings	Singh, 9.8 – 9.11
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture	-

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Lecture 34 - Disinvestment

Lecture: 34
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Disinvestment
Learning Outcome	Understand the New Economic Policy initiatives in context to privatization
Readings	Singh, 9.18- 9.25
Case Study /In-house Practical	-
Assignment/Quiz/ Project	-
Instructions for the Next Lecture	Make an internet search for 10-15 most important PSUs where disinvestment took place.

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Lecture 35 - India's Service Sector

Lecture: 35
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	India’s service sector – a review
Learning Outcome	The students will better understand the contribution of service sector and the potential for service sector in India and its contribution
Readings	Singh, 10.1 – 10.16

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Lecture 36 - India's Service Sector-A Review

Lecture: 36
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	India’s service sector – a review
Learning Outcome	The students will better understand the contribution of service sector and the potential for service sector in India and its contribution
Readings	Singh, 10.1 – 10.16

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Lecture 37 - Steps to Boost the Economy

Lecture: 37
Pedagogy	PowerPoint based interaction
Topics to be covered	Steps to Boost the Economy
Learning Outcome	Get to know about the challenges in Indian Economy Analyse the initiatives taken to boost the economy
Readings	Singh, 16.1 – 16.15

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Lecture 38 - New Initiatives in Indian Economy

Lecture: 38
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	New Initiatives
Learning Outcome	Students will become aware of the new initiatives taken by the Indian Government Able to evaluate the new initiatives
Readings	Singh, 21.1 -21.27

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Lecture 39- Performance of Small Scale Industries in India

Lecture: 39
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	Performance of Small Scale Industries in India
Learning Outcome	Analyse the importance of Small Scale Industries in India
Readings	Singh, 12.10-12.12

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Lecture 40- Role of Small Scale Industries in India

Lecture: 40
Pedagogy	PowerPoint based interaction
Topics to be covered	Role of Small Scale Industries in India Opportunities for SSIs in India
Learning Outcome	understand and analyse the role of SSIs in India
Readings	Singh, 16.1 – 16.15

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Lecture 41- Role of IMF

Lecture: 41
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	IMF
Learning Outcome	Understand the role of IMF Analyse the role of IMF in India
Readings	Singh, 12.10-12.12

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Lecture 42- World Bank

Lecture: 42
Pedagogy	PowerPoint based classroom interaction
Topics to be covered	World Bank and its role
Learning Outcome	Students will better perceive the role of World Bank Also understand the difference in functioning of IMF and World Bbank
Readings	Singh, 12.4- 12.9 and material provided in the class

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Lecture 43- RBI

Lecture: 43	Details
Pedagogy	Oral & Power Point Presentation Classroom discussion
Topics to be covered	Reserve Bank of India Role and Functions of RBI
Learning Motivation	Get an overview of RBI Understand the importance of RBI
Readings
Case Study /Practical	Discussion

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Lecture 44- Summary

Lecture: 44	Details
Pedagogy	Oral Discussion
Topics to be covered	Summary of the Topics Covered Brief of topics
Learning Motivation	Get a quick revision of the course topics Get the doubts clarified
Readings	1. PPTs covered and uploaded in each lecture
Case Study /Practical	Examples and Discussion

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Lecture 45- Concluding Remark & Test

Lecture: 1	Details
Pedagogy	Oral & Power Point Presentation
Topics to be covered	Concluding remarks Quick test
Learning Motivation	Discuss the outcome of the course Evaluate their understanding of the course
Readings
Case Study /Practical	online test

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Indian Economy

Topic outline

General

Indian Economy

Lecture 1- Introduction

Lecture 2- Economic Systems

Lecture 3- Types of Economies

Lecture 4- Economic Growth & Development

Lecture 5- Features of Indian Economy

Lecture 6- National Income Estimates

Lecture 7- National Income: Problems & Importance

Lecture 8- Economic Planning

Lecture 9- Planning Process

Lecture 10- Levels of Planning

Lecture 11- Planning process in India - Planning Commission

Lecture 12- NITI Aayog

Lecture 13- Economic reforms in India

Lecture 14- Impact of Economic Reforms

Lecture 15- Inflation

Lecture 16- Inflation: Demand Pull Vs Cost Push

Lecture 17- Inflation: Control Measures

Lecture 18- Unemployment

Lecture 19- Unemployment: Corrective Measures

Lecture 20- Poverty

Lecture 21- Poverty Measures in India

Lecture 22- Agriculture in India

Lecture 23- Green Revolution

Lecture 24- Food Management

Lecture 25- Agricultural Marketing

Lecture 26- National Food Security

Lecture 27- National Horticulture Mission

Lecture 28 - Food Corporation of India

Lecture 29 - WTO

Lecture 30- Revision and Discussion

Lecture 31 - Industrial Development in India

Lecture 32 - Industrial Policies in India

Lecture 33 - New Industrial Policy, 1991

Lecture 34 - Disinvestment

Lecture 35 - India's Service Sector

Lecture 36 - India's Service Sector-A Review

Lecture 37 - Steps to Boost the Economy

Lecture 38 - New Initiatives in Indian Economy

Lecture 39- Performance of Small Scale Industries in India

Lecture 40- Role of Small Scale Industries in India

Lecture 41- Role of IMF

Lecture 42- World Bank

Lecture 43- RBI

Lecture 44- Summary

Lecture 45- Concluding Remark & Test

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