Socio Economic Enviornment

Paper Code: 
CHSC 613
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 
  •  To familiarize the student with the changing socio-economic environment andconsumer 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.                                                                                                                      

 

12.00
Unit I: 
Part l: Sociological Concerns and Orientation Sociological Orientation
  • Society, Culture and Institutions
  • Family, Kinship and Relationships
  • Social Groups and multiplicity
  • Cultural diversity in contemporary life
  • Appreciating Cultural pluralilty
12.00
Unit II: 
Emergence of New Ideological Orientations
  • Social mobility and social change
  • Emergent Cultural Stereotypes
  • Ethnographic approaches to the study of groups.
  • 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- Total Utility, Marginal Utility– Law of Diminishing Marginal Utility, Law of Equi-Marginal Utility
  • Demand – Law of Demand, Elasticity of Demand-with emphasis on price elasticity.
  • Engel’s Law of Consumption
  • Consumer’s surplus- assumptions and criticism
  • Supply – Law of Supply, Elasticity of Supply, equilibrium of Demand and Supply.

 

12.00
Unit IV: 
  • Types of Markets
  • Types & functions of money, value of money –  measurement of the value of money-Index number, inflation
  • Types & functions of Banks
  • Revenue – Concept, Total, Average and Marginal Revenue
  • Taxation, Types- direct and indirect, proportional, progressive and Regressive taxes
  • Features of International Trade.
  • Factors of Production– land, labour and capital

 

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
  • Resent developmental programmes of the Government of India: Jana DhanaYojna, SarvaSikshaYojana.
  • Planning: Features, objectives and achievement

 

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. RatanPrakashan

 

Academic Year: 
2019-2020
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