BA Economics - Introduction to International Trade, Development and Public Economics (Q&A) One Week Series- Kota University

BA Economics -  Introduction to International Trade, Development and Public Economics (Q&A) One Week Series- Kota University 

Unit- I: International Trade & Its Theory Features of International Trade; Gains from Trade; Trade Theories- Adam Smith, Ricardo, Haberler, Mill and H-O Theory (Elementary treatment). Free Trade and Protection, Foreign Exchange Market and Exchange Rate. Balance of Trade and Balance of Payment : Definition and Structure. Advantages of Free Trade Agreement among Regional Countries.

Unit- II: International Finance & W.T.O. International Monetary Fund, World Bank: Scope and Impact: Asian Development Bank, Euro Currency Market. W.T.O: Scope and Impact on Indian Economy.

Unit- III: Economic Growth & Development Economic Growth and Development: Factors affecting Economic Growth, Measures of DevelopmentH.D.I., P.Q.L.I., M.P.I., & G.I.I.; Lewis Theory of Unlimited Supply of Labor. Balanced V/s Unbalanced Growth Model. Concept of Poverty and Inequality

 Unit- IV: Introduction to Public Finance & Public Revenue with Special Reference to India: Nature and Scope of Public Finance. Role of Government in the Economy. Public Goods and Private Goods. Theory of Maximum Social Advantage, Public Revenue: Canons of Taxation. Impact, Incidences and Shifting of Taxation. Direct and Indirect Taxation, GST- Meaning, Concept, Types, Slabs, Opportunities and Challenges; G.S.T. Council & Its Functions.

Unit- V: Public Expenditure, Public Debt & Fiscal Policy with Special Reference to India: Public Expenditure: Canons of Public Expenditure, Classification and Effects on Production and Distribution. Public Debt: Meaning Objectives and Burden Theories. Fiscal Policy: