Economics Honours 1st Year Syllabus, National University BD.

Economics Honours 1st Year Syllabus, National University BD.


NATIONAL UNIVERSITY


 First Year Syllabus

 Department of Economics


Four-Year B.S.S. (Honours) Course

Effective from the Session: 2013–2014   

                       
Economics Honours 1st Year Syllabus, National University BD.
Paper Code: 212201, Paper Title: Basic Microeconomics, Marks: 100 Credits: 4 
 
Paper Code: 212203, Paper Title: Basic Macroeconomics, Marks: 100 Credits: 4
  
Paper Code: 212205, Paper Title: Basic Mathematics, Marks: 100, Credits: 4 
 
Paper Code: 212207,  Paper Title: Basic Statistics, Marks: 100, Credits: 4  
                                                                                                                              
Paper Code: 211501,  Paper Title: History of the Emergence 
of Independent  Bangladesh, Marks: 100, Credits: 4    

Paper Code:212009, Paper Title: Introducing Sociology,Marks:100  Credits: 4 

Or   
  
Paper Code:212111,  Paper Title:  Introduction to Social Work,  Marks:100  

Credits: 4 


Paper Title: Basic Microeconomics

Paper Code: 212201



Paper Objectives and Outcomes: 

The objective of this Paper is to provide an understanding of the basic 

concepts of microeconomics. The main focus of the Paper is to provide an 
introduction to the economic principles behind the determination of demand, supply and production functions and on how equilibrium price and quantity are reached in selected markets. 


Paper Contents: 

1. Introduction: Objectives and Instruments of Macroeconomics; Fundamental Concepts of Macroeconomics; Macroeconomic Measures: Output, Price and Employment; Potential GDP/GNP, GNP Gap; Business Cycles; Budget Deficit and International Deficit; Aggregate Demand and Aggregate Supply. 

2. National Income Accounting: Circular Flow of Income; Injections and 
Leakages; Various Concepts of National Income: Gross National Product (GNP), Gross Domestic Product (GDP), Net National Income (NNP), Methods and problems of computing National Income: The Expenditure Approach, The Output Approach, The Value Added Approach, The Income Approach; Limitations of National Income accounting; GDP at Market Price and Constant Price; The CPI and the GDP Deflator; Basic Keynesian Income Determination Model. 

3. Consumption and Saving Function: Consumption and Consumption 
Function; Definition of Autonomous Consumption and Induced Consumption; Average Propensity to Consume (APC), Marginal Propensity to Consume (MPC); Saving and Saving Function; Average Propensity to Save (APS), Marginal Propensity to Save (MPS). 

4. Investment Function: Determinants of Investment; MEC, MEI, Present 
Value Criteria; Autonomous Investment and Induced Investment. 

5. Inflation: Definition, Causes and Examples of Inflation: Demand-pull, 
Supply-push, Hyperinflation; Costs of Inflation.

6. Money and Monetary Policy: Meaning and Functions of Money; Different Types of Money (M1, M2, M3); Credit Creation of Banks; The Money Multiplier; Value of Money, Fisher’s Quantity theory of money; Central Bank and Commercial Bank; Monetary Policy and Instruments: Expansionary and Contractionary Monetary Policy Using Open Market Operation and Reserve Requirement. 

7.Employment: Employment: Definition and Measurement; Unemployment: Definition, Measurement and Types of Unemployment; Relationship between Inflation and Unemployment using Basic Phillips Curve. 

Books Recommended: 

1. Mankiw, N. Gregory. Principles of Macroeconomics. Any Late Edition. South Western College. 

2. Michael Parkin. Macroeconomics. Any Late Edition. Prentice and Hall. 

3. Karl Case and Ray Fair. Principles of Macroeconomics. Any Late Edition. Prentice and Hall. 

4. Paul Samuelson and William Nordhaus. Economics. Any Late Edition. 

McGraw Hill.


 Paper Title: Basic Macroeconomics
 Paper Code: 212203



Paper Objectives and Outcomes: 

Macroeconomics studies the behavior of the main aggregates of the economy. The objective of this Paper is to teach macroeconomic analysis techniques,presenting models that help explain how the economy works. 


Paper Contents: 

1. Introduction: Objectives and Instruments of Macroeconomics; Fundamental Concepts of Macroeconomics; Macroeconomic Measures: Output, Price and Employment; Potential GDP/GNP, GNP Gap; Business Cycles; Budget Deficit and International Deficit; Aggregate Demand and Aggregate Supply. 

2. National Income Accounting: Circular Flow of Income; Injections and  Leakages; Various Concepts of National Income: Gross National Product (GNP), Gross Domestic Product (GDP), Net National Income (NNP), Methods and problems of computing National Income: The Expenditure Approach, The Output Approach, The Value Added Approach, The Income Approach; Limitations of National Income accounting; GDP at Market Price and Constant Price; The CPI and the GDP Deflator; Basic Keynesian Income Determination Model. 

3. Consumption and Saving Function: Consumption and Consumption 
Function; Definition of Autonomous Consumption and Induced Consumption; Average Propensity to Consume (APC), Marginal Propensity to Consume (MPC); Saving and Saving Function; Average Propensity to Save (APS), Marginal Propensity to Save (MPS). 

4. Investment Function: Determinants of Investment; MEC, MEI, Present 
Value Criteria; Autonomous Investment and Induced Investment. 

5. Inflation: Definition, Causes and Examples of Inflation: Demand-pull, 
Supply-push, Hyperinflation; Costs of Inflation.

6. Money and Monetary Policy: Meaning and Functions of Money; Different Types of Money (M1, M2, M3); Credit Creation of Banks; The Money Multiplier; Value of Money, Fisher’s Quantity theory of money; Central Bank and Commercial Bank; Monetary Policy and Instruments: Expansionary and Contractionary Monetary Policy Using Open Market Operation and Reserve Requirement. 

7. Employment: Employment: Definition and Measurement; Unemployment: Definition, Measurement and Types of Unemployment; Relationship between Inflation and Unemployment using Basic Phillips Curve. 

Books Recommended: 
1. Mankiw, N. Gregory. Principles of Macroeconomics. Any Late Edition. South Western College. 

2. Michael Parkin. Macroeconomics. Any Late Edition. Prentice and Hall. 

3. Karl Case and Ray Fair. Principles of Macroeconomics. Any Late Edition. Prentice and Hall. 

4. Paul Samuelson and William Nordhaus. Economics. Any Late Edition. 
McGraw Hill.


Paper Title: Basic Mathematics

Paper Code: 212205



Paper Objectives and Outcomes: 


This Paper focuses on the development of understanding of basic concepts and principles of mathematics used in the area of business and economics. The Paper gives ideas of calculus to solve business and economics problems. 


Paper Contents: 

1. Review of Some Core Concepts: Nature of mathematical economics; Real Number System; Even, Odd, Prime, Composite Numbers; Fractions; Exponents; Variables, Constants and Parameters; Importance of Model Building, etc. 

2. Concepts of Sets: Some Basic Definitions- Set, Elements, Finite, Infinite, 
Null, Unique, Equal, Equivalence, Subset, Comparability, Disjoint, Power, Family and Universal Sets; Venn Diagrams; Representation of Set-Basic Operation; Union, Difference and Intersection; De’ Morgan’s Law; Idempotent Law, Identity Law; Partition of Set. 

3. Elementary Static Analysis: Meaning of Equilibrium; Partial Equilibrium in Markets; National Income Analysis and its Solution. 

4. Function, Limit and Continuity: Concept of function, classification and type, and their diagrammatic representation, graphs of the function, slope, intercept, graph of linear function, quadratic, cubic function, inverse function, and two variable function; Limit of a function, continuity of a function, exponential function, Rules for Logarithms; Common Logarithms; Calculation of Logarithm of a Number; Natural Logarithm.
 
5. Equation System: Solution of Equations; Simultaneous Equation System; Solution of Simultaneous Equation Systems with Specific Applications to Economic Problems; Inequalities. 

6. Geometry: Cartesian Co-ordinate System; Distance between Two Points, Straight Line; Application of Linear Equations. 

7. Elementary Differential Calculus: Derivative, slope of a curvilinear function, differentiation, higher order derivatives, concavity, convexity, curve sketching, inflection point, total derivative, partial derivative, total differential, partial differential , implicit and inverse function rule, differentiation of logarithmic and exponential function. 

8. Optimization: Optimum value and extreme value, relative extremum values, first order and second order derivatives tests, optimization of multivariable 

function. 

Books Recommended 

1. Alpha Chiang. Fundamental Methods of Mathematical Economics. Fourth Edition. McGraw Hill. 

2. Edward Dowling. Schaum’s Outline to Mathematical Economics. Third 
Edition. McGraw Hill. 


Paper Title: Basic Statistics

Paper Code: 212207




Paper Objectives and Outcomes: 


This Paper introduces the use of statistical methods and tools in evaluating data for business and economics decision making. The Paper is designed to explain statistical techniques to decision-making situations & how to interpret the results. Throughout the learning session the students will be able to apply statistical techniques with the help of business and economics data. 

Paper Contents: 

1. Introduction to Statistics: Population and Sample; Discrete and Continuous Variables; Random Variables; Statistical Methods; Scope, Importance, and Limitations of Statistics. 

2. Collection and Presentation of Data: Data Sources; Methods of Collecting Data; Designing a Questionnaire; Types and Principles of Classification; Tabulation of Data; Arranging Data Using the Data Array and the Frequency Distribution; Construction of a Frequency Distribution; Graphical Representation of Quantitative and Qualitative Data (Histogram, Ogive, Pie-chart, Bar Diagram and Frequency Polygon etc.). 

3. Measures of Central Tendency: Computation, Application, Advantages and Disadvantages of Different Measures of Central Tendency; Arithmetic Mean, Geometric Mean, Harmonic Mean, Median, Mode; Relationship between Mean, Median and Mode. 

4. Measures of Dispersion: Definition, Importance and Computation, 
Application of Different Measures of Dispersion (Absolute and Relative)-Range, Quartiles, Percentiles, Inter-Quartile Range, Mean Deviation, Standard Deviation, Variance, and Coefficient of Variation, Properties of Standard Deviation. 

5. Moments, Skewness, and Kurtosis: Concepts and Measures of Skewness, Moments and Kurtosis; Moments of Group Data; Population Moment. 

6. Correlation and Regression Analysis: Types of Correlation-Coefficient of Correlation; Limitations of Correlation; Measures of Correlation; Relationship between Correlation and Regression; Definition of Regression; Scatter Diagram; Method of Least Square; Estimating with Regression Line. 

7. Index Number: Index Number and Three Index Numbers-Price, Quantity and Value Indices; Methods of Constructing Index Numbers-Unweighted Aggregates Index, Weighted Aggregates Index; Shifting Bases of Index Numbers; Issues in Constructing an Index Number. 

Books Recommended: 
1. Prem Mann. Introductory Statistics. Any Late Edition. Wiley 

2. Murray Spiegel and Larry Stephens. Schaum’s Outline of Statistics. Any Late Edition. McGraw Hill. 

3. Paul Newbold, William Carlson and Betty Thorne. Statistics for Business and Economics. Any Late Edition. Prentice Hall.


Paper Title: History of the Emergence 
of Independent  Bangladesh
                      
Paper Code: 211501
 



History of the Emergence of Independent Bangladesh

Introduction: Scope and description of the emergence of Independent 
Bangladesh. 

Writing on this topic.

1. Description of the country and its people.
a. Geographical features and their influence.
b. Ethnic composition.
c. Language.
d. Cultural syncretism and religious tolerance. 
e. Distinctive identity of Bangladesh in the context of undivided 

Bangladesh.

2. Proposal for undivided sovereign  Bengal and the partition of the 
Sub Continent, 1947.

a. Rise of communalism under the colonial rule, Lahore Resolution   
1940.

b. The proposal of  Suhrawardi and Sarat Bose for undivided Bengal : 

consequences

c. The creation of Pakistan 1947 .

3. Pakistan: Structure of the state and disparity.
a. Central and provincial structure.
b. Influence of   Military and Civil bureaucracy.
C .   Economic , social and cultural disparity 

4. Language Movement and quest for Bengali identity 
a. Misrule by  Muslim League and Struggle for democratic  politics .
b. The Language Movement: context and phases .
c. United front of Haque – Vasani – Suhrawardi: election of 1954, 
consequences.

5. Military rule: the regimes of Ayub Khan and Yahia Khan (1958-1971)
a. Definition of military rules and its characteristics.
b. Ayub Khan’s rise to power and  characteristics of his rule (Political 

repression, Basic democracy, Islamisation)
c. Fall of Ayub Khan and Yahia Khan’s rule (Abolition of one unit, 

universal suffrage, the Legal Framework Order)

6. Rise   of nationalism and the Movement   for   self determination .
a.  Resistance   against cultura l aggression   and resurgence   of Bengali 

culture.
b. Sheikh Mujibur  Rahman and the six point movement
c. Reactions   :  Importance and significance
d . The Agortola Case  1968.

7. The mass- upsurge   of 1969 and 11 point movement: 

background,programme and significance.

8. Election of 1970 and the Declaration of Independence by 

Bangobondhu
a. Election result and centres refusal to comply
b. The non co-operation movement, the 7th March   , Address , 

Operation Searchlight
c. Declaration of Independence by  Bangobondhu and his arrest

9. The war of Liberation 1971
a. Genocide, repression of women, refugees
b. Formation of Bangladesh government and proclamation of 

Independence
c. The spontaneous early  resistance and subsequent organized 

resistance (Mukti Fouz, Mukti Bahini, guerillas and the frontal  warfare )
d. Publicity Campaign in the war of Liberation (Shadhin Bangla Betar 

Kendra, the Campaigns  abroad and formation of public opinion )
e. Contribution of  students, women and the masses (Peoples war)
f. The role of super powers and the Muslim states in the Liberation 

war.
g. The Anti-liberation activities of the occupation army, the Peace 

Committee, Al-Badar, Al-Shams, Rajakars, pro Pakistan political parties and 

Pakistani Collaborators , killing of the intellectuals.
h. Trial of  Bangabondhu and  reaction of the World Community.
i. The contribution of India in the Liberation War
j. Formation of  joint command and the Victory
k. The overall contribution of Bangabondhu in the Independence 

struggle.

10. The Bangabondhu  Regime 1972-1975
a. Homecoming
b. Making of the constitution
c. Reconstruction of the war ravaged country
d. The murder of Bangabondhu and his family and the ideological 

turn-around.

Course Title: History of the Emergence of Independent Bangladesh
Course Code: 115

Course Objectives: Tourism students need to know about the various aspects of 

Bangladesh. This course orients students about the history of Bangladesh in 

different phases. It focuses on ancient Bangla, Medieval Bangla, British rule, 

Pakistan period, the liberation war and socioeconomic and political factors 

after liberation. 
Text: Harun-or-Roshid, The Foreshadowing of Bangladesh: Bengal Muslim 

League and Muslim Politics, 1906-1947, The University Press Limited, Dhaka 

2012.

Paper Title: Introducing Sociology

Paper Code:212009


1. Definition, Nature & Scope of Sociology, relationship with other 

social sciences. Development of Sociology: Contributions of Auguste Comte, Herbert Spencer, Emile Durkheim, Max Weber

2. Culture, Beliefs & Values: Norms, sanctions, symbols, language,  subculture, counterculture, hegemony & resistance

3. Globalization, Culture and Society: Globalization and its different 
dimensions, Cultural

4. Urbanization and Social Formation: Definition of urbanization and 

urbanism, Process of urbanization in developing societies and social formation, over urbanization, growth of slum & poverty in mega cities

5. Gender and Society: DisPaper of WID, WAD and GAD, Why gender is 

important in the disPaper of development, Gender inequality & women’s 
subjugation in developing societies.

6. Environmental Problems, Natural Disasters and Social Crisis: 

Climate change and its impact on society, Natural disaster, social crisis and vulnerabilities, Climate change, deforestation and mal-development.

7. Social Inequality: Dimensions of social inequality: Class, gender, age, 

minority group (religious and indigenous), economic vulnerability, Social 

inequalities in developed & developing countries.

8. Types of societies: Marxist view on classifying societies on the basis 

of type of control over economic resources and Lenski’s view on classifying 

societies by their main means of subsistence.
9. Deviance & Social Control: Definition of deviance, theories of 

deviance. Crime & justice system, agencies of social control
10. Health, Illness and Society: Nature & scope of the problem, 

Urbanizations, acute, chronic & life style diseases, Social, environmental & 

behavioural factors affecting health, Communicable & behavioural diseases: 

STD, HIV/AIDS, TB, Hep-B etc
Reference
Giddens Sociology
Tony Bilton et al Introductory Sociology


Paper Title: Introduction to Social Work
Paper Code: 212111


1. Social Work: Meaning, Characteristics, Scope and Importance 

Relationship of Social Work with other Sciences- Sociology, Economics, 

Psychology and Political Science.

2. Evolution: Evolution of Social Work in UK, USA, India and 

Bangladesh.

3. Social Reformers and their Movements in Pre-partition India and 

Bangladesh: Raja Rammohan Ray, Ishwar Chandra Vidyasagar, A.K Fazlul 

Haque, Sir Syad Ahmed, Begum Rokeya.

4. Social Legislations Related to Social Security, Women Welfare, 

Child Welfare.

5.Profession and Social Work: Meaning and Characteristics of Profession, 

Social Work as profession, Philosophical, Religions and Ethical Basis of Social 

Work.

6. Industrial Revolution: Meaning, Impact on Society, Industrialization, 

Urbanization, Welfare State.
7. Social Problems and Social Services in Bangladesh.
8. Methods of Social Work: Basic and Auxiliary Methods and their 

Basic Issues such as Meaning, Elements, Principles and Area of Use. 

Importance of Social Work Methods in

Books Recommended:
1. Barker, Robert L. :Social Work Dictionary, 3rd ed. NASW, New York, 

1995.
2. Coulshed, Veronica Social Work Practice: An Introduction 2nd ed. 

London. Macmillan, 1991.
3. Friedlander, Walter A. : Introduction to Social Welfare. Prentice 

Hall, 2nd ed. New Delhi-1967.
4. Khalid, M. : Welfare State, Karachi, Royal Book, 1968 5.
Morales, A. And Shaefor, B. Social Work – A Profession of many faces, 4th ed. 

Allyan and Bacan, Boston, 1986.









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