Syllabus (ECONOMICS)

Course Type: MAJ-17

Semester: 8

Course Code: BECOMAJ17T

Course Title: Rural-Urban Economics

(L-P-Tu): 5-0-1

Credit: 6

Practical/Theory: Theory

Course Objective:

Learning Outcome: Objectives: i) To create awareness among the students regarding the Rural & Urban Economy. ii) To study the Indian Agriculture, Industry & service sectors. iii) To study the concepts of Rural & urban poverty and unemployment and different policies rela

Group A: Rural Economics (45)

1. Introduction to Rural Economics: (5)

Meaning and Objectives of Rural economy; Characteristics of Rural Economy; Indicators of Rural Development; Concepts of inclusive and sustainable development.

2. Approaches to Rural Development: (5)

Gandhian Model; Community Development Approach; Minimum Needs Approach; Integrated Rural Development and Inclusive Growth Approach.

3. Poverty and Unemployment in Rural India: (5)

Meaning and Measurement of Poverty; Causes of Poverty; Farm and Non-farm employment Measurement and Types of rural unemployment; Review of rural Poverty Alleviation and Employment Generation Programmes in India.

4. Rural Enterprises: (5)

Meaning and Importance; Classification of MSME; Progress and Problems of MSME; Khadi and Village Industries

5. Rural Banking and Finance: (5)

Credit Co-operative Societies Regional Rural Banks; Role of NABARD; Microfinance Institutions

6. Rural Infrastructure: (5)

Educational and Health Infrastructure Housing and Sanitation; Drinking Water Supply; Rural Transport and Communication Rural Electrification

7. Rural Development Programmes: (5)

Wage Employment Programmes; Self-employment and Entrepreneurship Development Programmes Rural Housing Programmes; Rural Sanitation Programmes

8. Rural Markets: (5)

Meaning and Types of Rural Markets; Defects and Government Measures for Removal of Defects in rural markets Co-operative Marketing Societies; Meaning and Importance of Regulated Markets; Digital Marketing (e-NAM)

9. Rural Governance (5)

Legislations powers; Functions, and sources of revenue of Panchayat Raj Institutions Role of NGOs in rural development ; People’s participation in rural development

Group B: Urban Economics (45)

1. Introduction to Urban Economics: (5)

Definition and Scope of Urban Economics; Nature of Urban Economics Definition of Urban Area; Causes of urbanization- Sub-urbanisation; Characteristics of urban area; Concept of urban

2 . Models of Urban Development and Planning (10)

The Urban Economy and Development Strategy; The Economics of Urban Growth; Models of Urban Growth; Concentric Zone Theory, Wedge or Radial Sector Theory, Components of Hoyt Model, Multiple-Nuclei Theory, Central Place Theory, Weber’s Theory of Location, Public Choice Theory, Planning Theories The Frontiers of Urban Growth; The Economics of Intra-urban Location Decisions- Residential and industrial locations Semi urban areas special townships-Features of Urbanization in Developing Countries; Land Acquisition and Resettlement Act.

3. Urban Local Government (5)

Types of local bodies and Governance; Special Areas Improvement Trust: Functions, Problems and limitations; Slums Areas: Locations and Problems; Slum development policy

4 Urban Poverty: (5)

Problems, Measures, and Policies; The Nature of Urban Poverty; The Causes of Poverty; Urban Crime and management

5. Labour Market in Urban Area (5)

Urban labour markets; Developed and developing economies; Informal sector; Segmentation and hierarchy; Dualism; Impact of globalization; Urbanization without labour absorption in India.

6.Urban Development in India (5)

Urbanization in India; Growth of Urban Population; Urban Development Policy in India Policies and Programmes under the Plans; Jawaharlal Nehru National Urban Renewal Mission (JNNURM).

7. Issues in Urban Infrastructural Development and environmental problems (5)

Issues in Urban infrastructure; Housing, health, education and sanitation; Transport bottlenecks. Smart city mission; Urban environmental problems; slums, pollution, Solid Waste Management; Urbanisation and sustainable development.

8. Inter-relation between Rural and Urban Study (5)

Common features of Rural and urban economy; Distinctive features of Rural and urban economy; Todaro Model of Rural-Urban Migration and Unemployment

Reading References:

(Rural Economics)

1. Chambers, R., 1983, Rural Development: Putting the Last First, Longman, Harlow.

2. Dandekar, V.M. and N. Rath, 1971, Poverty in India, GIPE, Pune.

3. Gupta. K .R., 2003, Rural Development in India, Atlantic Publishers and Distributors, New Delhi.

4. Karalay, G. N., 2005, Integrated Approach to Rural Development: Polices, Programmes and Strategies, Concept Publishing Company, New Delhi.

5. Tyagi, B. P., 1998, Agricultural Economics and Rural Development, Jai Prakash Math and Co., Meerut.

6. S. Bhushan, R. Pushap and S. Lal, 2023, Economics of Rural Development, VK Publishing House.

7. S.S. Nain and V. Mehata, 2017, Introduction to Agricultural Economics, CBS Publishers and Distributors.

(Urban Economics)

1. O’Sullivan, A., 2002, Urban Economics, McGraw-Hill Irwin.

2. Fred Durr, 1971, The Urban Economy, Index Educational Publishers, London.

3. Todaro Michael P, Internal Migration in Developing Countries: A Review of Theory, Evidence, Methodology & Research Priorities, ILO Geneva.

4. Hartwick, John M., 2015, Urban Economics, Routledge; 1^st edition.

5. Shukla, V., 1996, Urbanization and Economic Growth, Himalaya Publishers

6. Government of India, 2019, Handbook of Urban Statistics, Ministry of Housing and Urban Affairs, New Delhi.

7. J.K. Brueckner, 2013, Lectures on Urban Economics, Phi Publishers.