University of Pune SET Exam Syllabus

Can you please provide here Syllabus of economics Subject for Maharashtra State Eligibility Test (SET) of University of Pune ?

As per your request I am here giving you Syllabus of economics Subject for Maharashtra State Eligibility Test (SET) of University of Pune .

State Eligibility Test (SET) Syllabus :

PAPER—II

1. Micro-economic Analysis
Demand analysis-Marshallian, Hicksian and Revealed preference approaches
Theory of Production and Costs
Pricing and output under different forms of market structure
Factor Pricing analysis
Elements of general equilibrium and new welfare economics

2. Macro-economics Analysis
Determination of output and employment-Classical approach, Keynesian approach, Consumption
hypotheses
Demand for Money-Fisher and Cambridge versions, Approaches of Keynesian Friedman, Patinkin,
Baumol and tobin
Supply of Money, Determinants of money supply, High-powered money, Money multiplier
Phillips Curve analysis
Business cycles-Models of Samuelson, Hicks and Kaldor.
Macro-economic Equilibrium-Relative roles of monetary and fiscal policies

3. Development and Planning
Economic Growth, Economic Development and sustainable Development importance of institutions-
Government and markets-Perpetuation of underdevelopment-Vicious circle of poverty, circular
causation, structural view of underdevelopment-Measurement of development conventional, HDI and
quality of life indices
Theories of Development-Classical, Marx and Schumpeter; Economic Growth-Harrod-Domar model,
instability of equilibrium. Neoclassical growth-Solow’s model, steady state growth. Approaches to
development; Balanced growth critical minimum effort, big push, unlimited supply of labour, unbalanced
growth, low income equlibrium trap indicators and measurement of poverty
Importance of agriculture and industry in economic development-choice of techniques and appropriate
technology-investment criteria-Elementary idea of cost-benefit analysis.
Trade and Aid-International trade as engine of growth-Globalization and LDC’s
Objectives and role of monetary and fiscal policies in economic development Techniques of planning;
Plan Models in India; planning in a market-oriented economy

4. Public Finance
Role of the Government in Economics activity-Allocation, distribution and stabilization functions;
Private, Public and Merit goods
The Public Budgets-kinds of Budgets, Zero-base budgeting, different concepts of budget deficits;
Budgets of the Union Government in India
Public Expenditure-Hypotheses; effects and evaluation
Public Revenue-Different approaches to the division of tax burden, incidence and effects of taxation;
elasticity and buoyancy; taxable capacity
Public Debt-Sources, effects, burden and its management
Fiscal Federalism-Theory and problems; Problems of Centre-State Financial relations in India
Fiscal Policy-Neutral and compensatory and functional finance; balanced budget multiplier

5. International Economics
Theories of International Trade : Empirical verification and Relevance
International Trade under Imperfect competition
Terms of Trade and Economic Growth-Secular
Deterioration of Terms of Trade hypothesis-a critical review
Equilibrium/disequilibrium in Balance of Payment-Traditional, Absorption and Monetary approaches
for adjustment in the Balance of Payments, forign Trade multiplier
Impact of Tariffs, Partial and general equilibrium analysis; Political economy of Non-Tariff Barriers
Theory of regionalism at Global level-Collapse of Bretton-Wood System-Recent Monetary reforms
Trade Policy and Reforms in India

6. Indian Economy
Basic Economic indicators-National income, performance of different sectors Trends in prices and
money supply
Agriculture-Institutional and technological aspects, new agricultural policy
Industry-New industrial policy and liberalization
Money and banking-Concepts of money supply, inflation, monetary policy and financial sector reforms
Public finance-Trends in revenue and expenditures of the Central and State Governments, Public
debt; analysis of the Union Budget.
Foreign trade-Trends, Balance of payments and trade reforms
Poverty, unemployment, migration and environment


Here is the attachment.


Address:
Savitribai Phule Pune University
Near Esquare Theater, Ganeshkhind Road
Pune, Maharashtra 411007

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