B.
COM SIXTH SEMESTER
6.4: INDUSTRIAL ECONOMICS
(80 Marks of 3 hours duration and 20 marks I.A) 5 hours pe r week
OBJECTIVES:
1) A detailed treatment of issues in industrial economics.
2) To familiarize students with policy issues those are relevant to Indian industry.
3) To analyze the issues, using basic micro-economic concepts.
UNIT -1: INDUSTRIALISATION
Meaning of industrialization, features of industrial structure, role of Industrialization in India,
factors affecting industrialization in India, Industrialization since independence.
UNIT – 2: INDUSTRIAL LOCATION
Location, localization and planned location of industries, factors influencing industrial location,
advantages and disadvantages of localization, Theories of location: Weber‘s and Sargent Florence‘s
theory.
UNIT - 3: INDUSTRIAL GROWTH AND PRODUCTIVITY
Industrial development under plans; Role of public and private sector; Industrial productivity: meaning,
definitions, significance and tools of industrial productivity, factors influencing industrial productivity.
UNIT- 4: INDUSTRIAL FINANCE
Meaning, role need and types of Industrial finance, Internal v/s external, Development Financial
Institutions: IFCI, SFCs, ICICI, IDBI, SIDBI, IRCI, EXIM Bank etc.
UNIT - 5: PROBLEMS AND PROSPECTS OF SELECTED INDUSTRIES
IT Industries in India: Meaning, major issues, present Status and future Prospects of IT Industries,
Contribution of women to IT sector; Problems and prospects of Iron and Steel, Cotton, Textile,
Sugar, Cement and Jute industries in India.
Skill Development:
1. Visit to development financial institutions and collect the data on financial assistance to
industries.
2. Reporting a case study of any IT industry in India.
3. Visit to the sugar industry and collect information about its working..
Reference Books:
1. Ahluwalia, I.J. (1985): Industrial Growth in India, Oxford University Press, New Delhi.
2. Barthwal, R.R. (1985): Industrial Economics, Wiley Eastern Ltd., New Delhi.
rd
3. Cherunilam, F. (1994): Industrial Economics: Indian Perspective (3 Edition), Himalaya
Publishing House, Mumbai.
rd
4. Dasai, B. (1999): Industrial Economy in India (3 Edition), Himalaya Publishing House,
Mumbai.
5. Divine, P.J. and R.M. Jones et al. (1976): An Introduction to Industrial Economics,
George Allen and Unwin Ltd., London.
6. Government of India: Economic Survey (Annual).
7. Hay, D. and D.J.Morris (1979): Industrial Economics: Theory and Evidence, Oxford
University Press, New Delhi.
th
8. Kuchhal, S.C. (1980): Industrial Economy of India (5 Edition), Chaitanya Publishing
House, Allahabad.
9. Singh, A. and A.N. Sadhu (1998): Industrial Economics, Himalaya Publishing House,
Bombay.