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Entrance Exam
 
 
  M.A. Programme |  Doctoral Programme
   
  Syllabus M.A. Credit Course Electives
 

Regional Economics Theory and Methods

  1. Semester:
  2. Number of credits: 4

Preamble
The course would provide basic understanding of the main concepts, issues, problems and techniques in regional planning. Interregional trade will be dealt with in the contexts of regions within a nation. It would help in understanding and analyzing regional growth disparities in India.

Module 1: Regional Growth (16 lectures)
Meaning of regional growth, Growth theories: the neo-classical perspective, export demand models, agglomeration and cumulative growth process. Inter-regional Trade: Regional trade specialization: the Ricardian explanation, the factor proportion explanation, Modern theories of regional trade: Intra-industry trade, competitive advantage and regional trade, new economic models of trade.

Module 2 Regional Migration (8 lectures)
Factor Migration: the classical theory of labour migration, Alternatives: the human capital model, the job search model, the gravity model. Disparities in Regional Unemployment.

Module 3 Regional Policy(8 lectures)
Macro policy Instruments: Fiscal policy, regional aspects of taxation and government expenditure, monetary policy, import control, devolution and regional policy. Micro Policy Instruments: Reallocation of labour, capital

Module 4 Evaluation of Regional Policy(16 lectures)
Measuring regional disparities, regional development indices, use of composite index, econometric models, regional input output multipliers, principal component analysis, DEA etc. – case studies

References
1.
Armstrong, Harvey and Jim Taylor (2004) Regional Economics and Policy (3rd edition) Blackwell Publishing, UK. (Module 1,2,3)
2.
McCann, Philip (2001) Urban and Regional Economics Oxford University Press, UK. (Module 4).
3.

Ramanathan, R (2003) An Introduction to Data Envelopment Analysis A tool for performance measurement, Sage Publications New Delhi (Module 4).1)

4.
Richardson, Harry (1963) Elements of Regional Economics Penguin Edition USA. (Module 1).
5.
Sudhanshu Shekhar (2004) Regional Planning in India Vol I & II, Anmol Publications Pvt Ltd, New Delhi. (Module 4).
 
  Core Courses  |  Electives
 
 
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