The Bhopal School of Social Sciences
An Autonomous Institution Run by the Archdiocese of Bhopal
Re-accredited with 'A' Grade CGPA 3.27 Cycle 3 by NAAC
Affiliated to Barkatullah University, Bhopal
Regd. No. 3286, 01-05-1972, Estd. 1972
The Bhopal School of Social Sciences
An Autonomous Institution Run by the Archdiocese of Bhopal
Re-accredited with 'A' Grade CGPA 3.27 Cycle 3 by NAAC
ISO 9001:2008 & ISO 14001:2004 Certified Institute
Affiliated to Barkatullah University, Bhopal
MA (Economics)

The postgraduate degree in Economics is a two year (4 Semester) programme to strengthen the information and knowledge base of the learner. It sharpens the application of the acquired knowledge through interactive discussions, internship and research project making.

Title of the Papers


Course Content

Advanced Economic Analysis-I

General Introduction ; Utility Analysis, Cardinal Utility; Utility Maximization Rule; Practical Significance; Law of Demand and Supply; Elasticity and their  applications; Revealed Preference theory;  Production and Cost functions

Macro Economics

Nature of Macro Economics; National Income and its measurement; Macro Economic Equilibrium; Consumption and Investment function; Component of Money Supply; Monetary Policy  and its Instruments; Theories of Employment; Theories of consumption and  Investment

Public Economics

Public Choice Voting and Resource Allocation; Role of Government in Organized Society ; Theory of   Maximum  Social Advantage, Theory of Dalton, Pigou, & Musgrave; Public Expenditure;    Economics of Taxation; Public Debt ; Deficit financing.

Quantitative Techniques

Definition, importance & scope of statistics; Measures of Central tendency; Measures of  Dispersion and skewness; Correlation Analysis;   Linear and Simultaneous Equations;Simple Differentiation and its application; Regression Analysis; Interpolation and Extrapolation ; Index Numbers


 Course Content

Advanced Economics Analysis -II 

Perfect competition; Monopoly; Price discrimination; Monopolistic competition; Oligopoly; Distribution : Neo classical approach, Macro theory of distribution: Ricardian, Marxian;Rent; theory of interest ;Welfare Economics

Monetary Economics and Banking    

Theories of value of Money; Measures of money stock; Creation of Credit; Monetary policy its role & effectiveness; Inflation; Banking System in India;  Business Cycles

 Research Methods & Statistical Inference        

 Meaning and Concept of Research; Analysis of Time- Series; Probability & its Theorems ; Test of Hypothesis; Significance of Attributes, Large Samples And Small Sample, T, F & Z test;  Chi Square Test & Goodness of Fit, and Analysis of Variance.

 International Economics

 Interregional and International trade; Division of labour and specialization; Smith's theory; Ricardo's theory; Mill's theory of Reciprocal Demand; concept of offer curves; Haberler's theory of Opportunity Costs; Leontief Paradox; Samuelson's  Factor Price Equalization; Terms of Trade;Tariffs; Dumping and Anti- Dumping Measures.


Course Content

History of Economic thought

Mercantilism; Sismondi; Karl Marx; Marshall; Cambridge school

India's foreign trade and international institutions

Foreign trade & economic development; Balance of Payment; Foreign exchange rate; Exchange control; WTO, ASEAN, NAFTA; IMF & World Bank

Group A: Labour Economics/ Environmental Economics

  • Labour & Labour market; Demand &supply theory of wages; Social security; labour welfare; Industrial disputes; ILO
  • Environment &Ecology; Model of market failure; Environmental problems; Environmental decision making; Environmental law

Group B: Industrial Economics/ Economics of Insurance

  • Industrial development of India; New industrial Policy; Organisation of firm; Theories of industrial location; Industrial sickness; Large and Small scale industries; Industrial finance institutions
  • Concept of Insurance; Principles of Insurance; Financial principle; Risk appraisal; History of Insurance in India; Privatisation of Insurance Business


Course Content

 Economics of Growth & Development

Economic growth & development models- Ricardian, Malthus, Marxian, Harrod-Domar, Leibenstein, Rostow; Balanced and Unbalanced growth models; Mahalanobis model; Neo- Classical model

Indian Economic Policy & Issues

Framework of Indian Economy; Development strategies in India; Sectoral Performance- Agriculture, Infrastructure and Foreign Trade; Latest Finance commission

Group A:  Econometrics/ Agriculture Economics/ Regional Economics/ Economics of Tourism

  • Statistical Inference; Simple & Multiple regression; Multi-linearity, Autocorrelation &Heteroscedasticity; Instrumental variables; Simultaneous Equation Model
  •  Role of Agriculture in Indian economy; Agriculture system & their types; Land reforms in India & M.P.; Agricultural Indebtedness; Farm Management; Agriculture and WTO
  • Types of Region & methods of regionalisation;  Various approaches to regional growth; Location theory; Principal component & Factor analysis; Regional accounts
  • Tourism and kinds; Tourism as an industry; Demand & Supply of tourism; Tourism planning; Growth of tourism in India; T.F.C & I.T.D.C

Group B:  Mathematical Economics/ Demography/ Gender Economics/  Computer application in Economics

  • Relations & Functions; Linear & Non-Linear model; Differentiation; Derivative & its application; Partial differentiation;  Linear programming
  • Concepts of Demography; Techniques of Demographic analysis;  Theories of Population;  Demographic measurements; Indian Census; Population & Economic development
  • Importance & concept of women studies; Theories & measurement of fertility & controls; Economic status of women & their participation in Industrial societies;  Role of new technologies to help women; Gender & development indices; Women empowerment in India
  • Introduction to computers; Operating system of computers; Mail Merge; Ms Word, Excel, Worksheets; Presentations through computers, Email; Use of Computer software in Education, SPSS; e-Banking
  • Project Work along with above four papers of Semester IV
Program Specific Outcomes
PG Courses Offered
MA (English)
MA (Economics)
MA (Social Work)
MA (Sociology)
Master of Social Work (MSW)
M.Sc. (Computer)
The Bhopal School of Social Sciences (BSSS)
An Autonomous Institution Run by the
Archdiocese of Bhopal

Affiliated to Barkatullah University, Bhopal
Near Habibganj Naka, Opposite DRM Office
Habibganj, Bhopal - 462024
Madhya Pradesh