General equilibrium and welfare economics helps to compare the different polices and to choose the most one applying different kinds of criteria. It also encompasses the analysis of the data and making strategic decisions in-line with the objectives of the govt. These decisions are mainly related to the economic stability, financing and investments.

Course pre requisites (if any)

To have understanding of Microeconomics and mathematics

Learning outcomes

This course helps to learn the tools and techniques which govt. uses while planning for the future. The students would go through in depth practice of issues and discussions and real life example concerning different economic policies.

Books:

1. Richard E just, Darrel L. Hueth and Andrew Schmitz Edward Elgar Publishing, Inc.136 West Street Suite 202 Northampton Massachusetts 01060USA
2. Varian, H. Microeconomic analysis, Norton 1992(3rd ed)
3. Modern Microeconomic by A.Koutsoyiannis

Description of the System of Evaluation (Exam, assignments etc.):

Mid Term: 30 marks

Sessional: 20 marks

• Project: 25%
• Presentation: 25%
• Participation: 25%
• Attendance 25 %

Final Exam: 50 marks          

Class Timings:    

• BS (REG) VI. Class: Thursday (08:00 AM to 09:30 AM )
•                                      Friday     (09.30 AM to 11:00 AM )
•    
• BS VI. (SS) Class:     Thursday (02:00 PM to 03:30 PM )
•                                    Friday     (02.00 PM to 03:30 PM )