SOCIO ECONOMIC ENVIORNMENT

Paper Code: 
CHSC 613
Credits: 
04
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

·         To familiarize the student with the changing socio-economic environment and

consumer behavior.

·         To strengthen the financial management practices of the students for wise consumer

behavior.

·         To develop an understanding of the types of markets, changing concepts of markets,

changes in socio-economic environment, and marketing strategies from consumer’s

perspective.                                                                                                                      

Contents

 Part l: Sociological Concerns and Orientation

12.00
Unit I: 
Sociological Orientation

· Society, Culture and Institutions

· Family, Kinship and Relationships

· Social Groups and multiplicity

· Cultural diversity in contemporary life                                                                                                                                           

 

12.00
Unit II: 
Emergence of New Ideological Orientations

· Social mobility and social change

· Emergent Cultural Stereotypes

· Ethnographic approaches to the study of groups.

· Appreciating cultural plurality, Interconnection between the spheres

· Sociological Studies of Children, Youth and Women the aged: Empirical Problem &

Frameworks               

12.00
Unit III: 
Introduction – Economic system, Consumption and production and distribution

· Definition, scope of Economics, Central problems of an economy                                   

· Wants – Classification and Characteristics.

· Utility – Law of Diminishing Marginal Utility, Law of Equi-Marginal Utility

Demand – Law of Demand, Elasticity of Demand.

· Engel’s Law of Consumption, consumer’s surplus

· Supply – Law of Supply, Elasticity of Supply, equilibrium of Demand and Supply.

· Factors of Production– land, labour and capital, National Income estimates                                                                                                                               

12.00
Unit IV: 
Types of Markets

Types & functions of money, value of money – quantity theory, measurement of the

value of money-Index number, inflation

· Types & functions of Banks

· Revenue, Taxation and International trade

 

12.00
Unit V: 
Indian Economic Environment

Structure of Indian Economy: Changing structure of Indian Economy.

· Constraints on growth: issues of population, income distribution,

poverty,unemployment, inequality and migration, food security.

· Role, importance and organization of Indian Agriculture.

· Role, importance and problems of Indian industries, India's International Business

and Balance of payment problems.

· Resent developmental programmes of the Government of India:Jana Dhana Yojna,

Sarva Siksha Yojana.

· Planning: models, objectives and achievement

· Issues related to health, education, environmental problems and gender

 

Essential Readings: 
  • Abhraham, M. F. (2006). Contemporary Sociology: An introduction to concepts and
  • theories: New York: Oxford University Press.
  • Beattie, J. (1964). Other cultures. Cohen and West.
  • Das, V. (Ed.) (2003) The Oxford companion to sociology and social anthropology:
  • volume 1 and 2.New Delhi: Oxford University Press.
  • Johnson, M.H. (2001). Sociology: A systematic introduction. New Delhi: Allied
  • Publishers Limited.
  • Rawat, H.K. (2007). Sociolgy: Basic concepts. New Delhi: Rawat Publications.
  • Srinivas, M.N. (Ed.) (1996). Caste: Its twentieth century avatar. New Delhi: Viking
  • Penguin.
  •  Ahuja H.L., 2010, Modern Micro Economics. Sultan Chand & sons
  • Dhingra IC and Garg VK, 2010, Introductory Economic Theory. Sultan Chand & Sons
  • Mishra & Puri, Recent edition 2014, Indian Economy, Himalaya Publishing House.
  •  Mithani D.M., 2010 New Edition, Macro-Economics. Himalaya Publishing House
  • Sundaram K.P.M., 2010, Introduction to Economics. Ratan Prakashan

 

Academic Year: