Master of Social Science in Economics

Outcomes

• Analyze and evaluate the most fundamental workhorse models in macroeconomics.
• Evaluate state-of-the-art (applied) macroeconomic literature in a broad range of relevant policy issues.
• Design a theoretical framework or empirical model for their own research.

References

• Advanced Macroeconomics, by David Romer, 4th edition
• Acemoglu DK. (2009). Introduction to Modern Economic Growth, Princeton, NJ: Princeton University Press. (A)
• Barro RJ and Sala-E-Martin X (1995). Economic Growth. (BS)
• Farmer REA. (2002). Macroeconomics 2nd edition. (F)
• Leonard D and Long NV. (1992) Static Optimization in Optimal Control Theory and Economics, Cambridge University Press. – (LL)
• Mankiw NG and Scarth W. (2001). Macroeconomics, 2nd (MS)

Outcomes

• Students will be able to understand how microeconomic theory aids decision-making by individuals, business and government.
• Students will be able to elaborate analytical skills relevant to the assessment of different theories and models of microeconomics.
• Students will be able to develop the insights and tools necessary for the study of more specialized areas in economics such as finance, actuarial studies, labor economics, health economics, industrial organization and public economics.

References

• Mas-Colell, A., M. Whinston and J. Green (henceforth "MWG”) (1995), Microeconomic Theory, Oxford University Press.
• Gibbons, R. (1992), Game Theory for Applied Economists, Princeton University Press.
• Hirshleifer, J. and J. Riley (1992), The Anal tics of Uncertainty and Information, Cambridge Analytics Press.
• Bolton, P. and M. Dewatripont (2005), Contract Theory, MIT Press.

Outcomes

• It allows examiners to evaluate the depth of knowledge beyond what is written.
• Unlike written papers that take weeks to grade, a viva allows students to receive immediate clarifications.

References

• Courses or curriculum in respective semesters.

Outcomes

• To apply microeconomic theory to the study of environmental issues.
• To identify and critically evaluate alternative environmental policy instruments.
• To develop written and verbal skills in communicating an environmental economic perspective.

References

• 1. Field, B. and Field, M. 2002. Environmental Economics: An Introduction. Boston, McGraw Hill. 2. U.S. Environmental Protection Agency. 2000. Guidelines for Preparing Economic Analyses. EPA 240-R-00-003. 3. Hardin, G. 1973. “The Tragedy of the Commons.” In: Pollution, Resources, and the Environment. A. Enthoven and A.M. Freeman, eds. New York, NY: WW Norton and Company. pp. 4. Ruff, L. 1973. “The Economic Common Sense of Pollution.” In: Pollution, Resources, and the Environment. A. Enthoven and A.M. Freeman, eds. New York, NY: WW Norton and Company. 5. Perman, R., Ma, Y., McGilvray, J and Common, M (2003). Natural Resource and Environmental Economics. 3rd edition, 6. Pearce, D. W. and R. K. Turner. Economics of Natural Resources and the Environment. London: Harvester Wheatsheaf, latest edition. 7. Tietenberg, Tom. Environmental & Natural Resource Economics.

Outcomes

• On successful completion of this course students will be able to: 1. Possess a solid grasp of essential mathematical tools required for the further studies in economic theory. 2. Develop an understanding of optimization techniques used in economic theory. 3. Develop an understanding of support/separation theorems and their use in economic theory 4. Develop an understanding of fixed point theorems and their use in economic theory. 5. Formally represent dynamic economic relationships in a mathematical form. 6. Recognize differential equations and solve them using the appropriate techniques. 7. Formulate dynamic optimization problems in microeconomics and macroeconomics. 8. Generate the solutions to dynamic optimization problems, using various techniques

References

• 1. Chiang, Aplha, Introduction to Dynamic Optimization. 2. Lepnard, D. and Ngo van Long, Optimal Control Theory and Static Optimization in Economics. 3. Peressini, Anthony L., The Mathematics of Nonlinear Programming. 4. Hoy, Michael: Mathematics for Economics. 5. Chiang, Alpha, Fundamental Methods of Mathematical Economics. 6. Shrone, Ronald, Economic Dynamics: Phase Diagrams and their Economic Application. 7. Intriligator, M., Mathematical Optimization and Economic Theory.

Outcomes

• Students will be able to describe a project life cycle, and can skillfully map each stage in the cycle
• Students will identify the resources needed for each stage, including involved stakeholders, tools and supplementary materials
• Students will describe the time needed to successfully complete a project, considering factors such as task dependencies and task lengths
• Students will be able to provide internal stakeholders with information regarding project costs by considering factors such as estimated cost, variances and profits
• Students will be able to develop a project scope while considering factors such as customer requirements and internal/external goals

References

• N. Islam, Development Planning in Bangladesh, A study in Political Economy, University Press Ltd., 1979.
• M. Sirajuddin, Institutional Support for Planning and Project Management,Study Group, University of Dhaka, Bangladesh, 1982.
• Bharadwaj, Planning for Social and Economic Development, Sage Pub., India,1992.
• Boruch, Randomized Experiments for Planning and Evaluation: A PracticalGuide, Sage Pub., USA, 1997.
• Shrivastava, Economics of Growth, Development and Planning, 1998.
• A. Chowdhury, Development Policy and Planning: An Introduction to Modelsand Techniques, Routledge, UK, 1994.

Outcomes

• 1. Knowledge and understanding Students shall be able to understand and account for: • the underlying principles that determines market structure, • the most important methods used by a monopoly to exploit its market power, • basic oligopoly theory concerning competition with quantity and price, • various activities limiting competition such as cartels and barriers to entry, • the motives for company mergers and their most important effects, • various forms of vertical competition among companies and their effects, • factors that affect companies’ investment in research and development. 2. Skills and abilities Students shall have demonstrated an ability to independently: • analyse market structure and identify relevant markets, • state and analyse effects of various price setting and product differentiation methods that can be used by a monopoly, • derive the equilbrium in simple models of oligopoly and be able to account for the economic implications of the model, • analyse the effects and background of various activities for limiting competition, • analyse the consequences of company mergers, • state and analyse effects of various forms of vertical cooperation, • apply simple models for analyzing what affects companies’ investment in research and development • communicate and explain their analyses and conclusions both in speech and in writing.

References

• 1. Bain, J.S. (1959), Industrial Organization, University of California 2. Needham, Douglas (1970), Economic Analysis and Industrial Structure, Rinehart and Winston. 3. Bain, J.S. (1956), Barriers of New Competition, Harvard University Press. 4. Clarke, Roger (1986), Industrial Economics, Balasil Blackwell Ltd. 5. Pickering, J.F. (1974), Industrial Sturcture and Market Conduct, Martin, Robertson& Company ltd, London. 6. Birthwal, R.F. (1984), Industrial Economics, Wiley Eastern ltd., Delhi 7. Penrose, E. T., The Theory of the Growth of a Firm, 8. Becheme, A. & E. J. WILLIAM , Economics of the Industrial Organization 9. Koch, J.V. (1974), Industrial organization and price 10. Hoover, E.M., The Location of Economic Activity 11. Isard,W., Location and Space Economy 12. Singh, Amarjit and Sadhu (1988), Industrial Economics, Himalaya Publishing House, Bombay 13. Sharma, C.P. (1988), Industrialization and Regional Development, Deep & Deep Publications, New Delhi. 14. Needham, Devid (eds.), An Intriductionn to Industrial Economics 15. Report of the TASK FORCES on Bangladesh Development Strategies for the 1990’s Vol. two, University Press Limited, Dhaka, 1991. 16. Khan, Azizur Rahman (1989), The Strategy of Development in Bangladesh, Macmillan 17. Abdullah, Abu and A.R. Khan (1996), State, Market and Development: Essays in Honor of Rehman Sobhan, UPL, Dhaka 18. Centre for Policy Dialogue (CPD), (1995, 1996 and 1997), Experiences with Economic Reform: Review of Bangladesh’s Development, University Press Ltd. 19. Reza, S., M.U. Ahmed & W. Mahmud (1992), Small and Medium – Scale Enterprises in Industrial Development, Academic Publishers, Dhaka. 20. Bakht, Zaid (ed.) (1991), Special Issue on “Industrial Policies and State of Industrialization in Bangladesh, vol. XIV, March-June 1991, Numbers 1&2. 21. Reza, Sadrel A.L. (ed.), Export-Led Growth Strategy for South Asia 22. Thuraisingam, Geeta (1998), Prospects an Challenge, Asia and Pacific Development Centre (APDC), Kuala Lumpur 23. Ahmed, Momtaz Uddin (1987), The Financing of Small Scale Industries: A Study of Bangladesh and Japan, University of Dhaka 24. K.H. Ahmed (2002), Backward Linkage to Ready Made Garments: Bangladesh Perspective, Academic Press and Publication Limited, Dhaka 25. Quddus, M. and S. Rashid (2000), The Remarkable Story of Garment Exports from Entrepreneurs and Bangladesh Economic Development , UPL, Dhaka 26. Siddique, Hafiz, G.A. (2004), The Ready Made Garment Industry of Bangladesh, Dhaka, UPL 27. Bhattacharya. D., et, al. (2005), Bangladesh in the Global Trade Regime: Labor

Outcomes

• 1. Think critically about transportation economics, 2. Evaluate economic policies that affects the transportation system, 3. Understand the institutional and political barriers associated with transportation pricing and financing, 4. Actively discuss and debate contested transportation economic issues, 5. Be familiar with the goals and assumptions that underlie debates about transportation finance and policy, and 6. Identify detailed elements of the transportation economics sub-field that may be appropriate for future thesis/project work.

References

• W. Peter, Public Transport: Its Planning Management and Operation, UCLpress, UK, 1995.
• I. Singh, Transport Economy, Anmol Pub., India, 1995.
• T. Rallis, City Transport in Developed and Developing Countries, St Martins Press, USA, 1988.

Outcomes

• 1. Identify, access and interpret socio-demographic and economic data 2. analyze the demographic characteristics of a given population 3. analyze the socio-demographic trends and current composition of the population 4. explain the causes and consequences of changing demographic structure of the world and its impact on the economy 5. Acquaint the learner with knowledge of the national population policy.

References

• 1. Todaro,M. 1985. Economic development in the third world. Orient Longman. 2. Government of Bangladesh, Bangladesh bureau of statistics, population census (various 3. Jeffrey D. Sachs, 2005. The end of the poverty. How we can make it happen in our lifetime, penguin books. 4. Martha C. Nussbaum and Amartya Sen (ens), 2000.the quality of life,4th edition, Oxford university Press. 5. Abul Barkat,2008. “Political Economy of energy ofr attaining MDGs in Bangladesh: Challenges and options”, Social Science review, The Dhaka university Studies, Part-D, VOL. 25,No. 2. University of Dhaka. 6. Abul Barkat and M Majid, 2005. “Rural Electricity’s impact of reduction of health poverty in Bangladesh”, Bangladesh journal of political Economy ,Volume 22,Nos. 1&2. 7. Abul Barkat, 2004. “Rural Electrification and poverty Reeducation: The case of the Bangladesh “, Social science review, the Dhaka universities studies,Part-D,Volume 21,Number 1,June,pp.21-64,University of Dhaka. 8. Abul Barkat,1998. “Government of public health in Bangladesh”, in Rehman Sobhan (ed), Crisis of Governance in Bangladesh: Independent review of Bangladesh development 1998, University of press Limited Dhaka. 9. Abul Barkat, M Majid, R Ara, M Taheruddin, S Hoque, A Poddar, and G Mahiyuddin, 2006. Budget Allocation in gender Perspective: Methodological issue. 10. Abul Barkat and N Sabina, 2006. Barriers in Poor people’s Access to Public Health Facilities in Bangladesh. 11. Ministry of Health and Family Welfare, 1998. Population and Development cChallenges in Bangladesh: Innovation and Scopes for Collaboration. 12. Ministry of Health and Family Welfare, 1999, ICPD Programme of Action: What has been done in Bangladesh. 13. Barbara Evers and K Siddique (eds), 2006. Who Gets What. A Gender Analysis of Public Expenditure in Bangladesh. The University Press Limited, Dhaka 14. Ministry of Health and Family Welfare, 1999. Population and Development Post-ICPD Achievement and Challenges in Bangladesh 15. Abul Barkat and SR Howlader (eds),. 1997. Population and Development issue in Bangladesh: National Plan of Action based on ICPD ’94 Recommendation, Ministry of Health and Family Welfare. 16. World Health Organization, 2007. Microeconomics and Health (Volumes 1 and 2). 17. Abul Barkat, 2010. “Political Economy of Health Care in Bangladesh”, Social Science Review. University of Dhaka. 18. Abul Barkat, 2010. “Is there any impact of microcredit on Women’s health”, Social Science Review, University of Dhaka. 19. Abul Barkat and MS Khan, 2009. “Economics of Tobacco in Bangladesh: Lessons Learned and Recommendation for Policy”, Bangladesh journal of Political Economy, Vol.25, Numbers 1 and 2, Dhaka

Outcomes

• How global and local conditions of an economy interact to shape urban environments.
• The roles of social justice and diversity in communities, cities, regions and their impact while evaluating any urban policy
• Identify the stakeholders, institutions that influence community growth and decline.
• How urban community development provides the understanding and practice of public service.
• All the challenges of community development for urban and regional communities.
• Upon successful completion of the course, students will be able to: 1. apply urban economic theory to a wide range of property context, 2. apply with a variety of urban theories that are relevant to urban property issues, 3. evaluate the role of government and housing policies in urban property markets, 4. demonstrate an advanced understanding of urban property markets, 5. aware of the importance of the social and environmental dimensions of sustainability in the cities, 6. Undertake theoretically informed independent research that involves the collection and analysis of appropriate secondary data.

References

• James Hellbum, Urban Economics and Public Policy, Second Edition, St. Martins Press, New York.
• David Segal and Richard D. Irwin, Urban Economics, 1977.
• Edwin S. Mills and Bruce W. Hamilton Scort, Urban Economics, Third Edition. Foresman and Company.
• Roy W Bahi and Johannes F Linn, Urban Public Finance in Developing Countries.
• David King, Fiscal Tiers, the economics of multi-level government.
• Paul N Balchin and Jeffrey L Kieve, Urban Land Economics.
• Patrical L McCartney [ed], Cities and Governance, now directions in Latin America.
• J Parry Lewis, Urban Economics, a set approach.
• • Main reference:  Arthur O’Sullivan, Urban Economics, 8th edition, McGraw-Hill Irwin. • Optional:  James Hellbum, Urban Economics and public policy, St. Martins Press, New York.  David Segal and Rechard D. Irwin, 1977, Urban Economics.  Edwin S. Mills and Bruce W, Hamilton Scort, Urban Economics. 3rd edition, Foresman and company.

Outcomes

• Upon successful completion of this course, students will be able to: • Explain the structure and components of time series data and recognize their implications in empirical research. • Apply the Autocorrelation and Partial Autocorrelation Functions (ACF/PACF) to identify appropriate models. • Test for stationarity and unit roots using ADF, PP, and KPSS procedures. • Develop univariate models (AR, MA, ARMA, ARIMA) and interpret their output. • Estimate multivariate models (VAR) and understand Granger causality and impulse response functions. • Assess cointegration relationships using Engle-Granger and Johansen approaches. • Forecast future values of economic variables using both univariate and multivariate methods. • Model conditional volatility using ARCH/GARCH models and interpret financial market volatility. • Conduct empirical time series analysis using real-world datasets and statistical software. • Communicate econometric results effectively in written and oral presentations.

References

• Levendis, J. D. (2023). Time Series Econometrics: Learning Through Replication (second edition).
• Hamilton, James D (1994), Time Series Analysis, Princeton University Press.
• Greene, William H. (2002), Econometric Analysis, Prentice Hall. Upper Saddle River, New Jersey.
• Nelson, Charles R. (1973), Applied Time Series Analysis For Managerial Forecasting, Holden-Day, Inc.
• Stock, James H. and Mark Watson (2007) Introduction to Econometrics , Pearson Education, Inc.
• Gujarati, Damodar N. (1995), Basic Econometrics, McGraw-Hill Inc.

Outcomes

• On successful completion of the course, the students will be able to:
• 1. Describe and interpret the assumptions and structure of standard models of international trade theory and policy.
• 2. Use the models of international trade to interpret and analyze real issues in international economics.
• 3. Describe and interpret how institution and policy affect international trade.
• 4. Provide students with the necessary tools that would be required to produce research in the respective field and how they might use it to address important trade policy questions.

References

• 1. Feenstra, R. (2004), Advanced International Trae: Theory and Evidence, Princeton University Press
• 2. Krugman, P. and Obstfeld, M. (1988), ‘’International Economics: Theory and Policy, 6th Edition, Addison Wesley, London
• 3. Markusen, et al. (2000), International Trade: Theory and Practice, McGraw-Hill, Inc
• 4. International Trade Theory and Policy, International Edition, Miltiades Chacholiades
• 5. International Economics, 11th Edition, Dominick Salvatore, Fordham University.

Outcomes

• After completing the course, the student will be able to compare and contrast between the idea of growth and development with a concrete knowledge of the evolution of Development Economics. They will also be exposed to different theories of Development Economics especially in the branch of agriculture, industry, migration, poverty and inequality, credit market, and technology. It is expected that with thorough knowledge in these sectors, students will be able to: 1. Demonstrate familiarity with some central themes and issues of economic development, 2. Identify the problems regarding growth and development in country and abroad about, 3. Analyze the causes and consequences of growth and development problems in the specified sectors, 4. Interpret the policy implications of development related policies of our country and recommend suggestive measures.

References

• 1. Behrman, J.and Srinivasan, T. N. (edited), Handbook of Development Economies, Volumes, IIIA & 11113 Elsevier, Amsterdam, 1995 2. Meir, G.M. and Stightz, J.E.(edited), Frontiers of Development Economics – The Future in Perspective , World Bank and Oxford University Press, 2001 3. Ian Living Stone (edited), Development Economics and Policy Reading , George Allen and Unwin Boston, 1981 4. Meir G.M. and Seers Dudley, pioneers in Development, Oxford University Press, New York, 1984 5. World Bank and Oxford University Press, The East Asian Miracle – Economic Growth and public Policy 1993, Washington,D.C. 6. John Rapley, Understanding Development: Theory and Practice, Boulder, 2002. 7. Amartya Sen, Development as Freedom, Random House, New York, 1999. 8. Michael P. Todaro and Stephen C. Smith, Economic Development, Pearson Education, 2003. 9. Amsden. A, Asia’s Next Giant: South Korea and Late Industrialization, Oxford University Press, New Youk, 1989. 10. Edmond, C.M. (edited), Reducing Poverty in Asia - Emerging Issues in Growth Targeting and Measurement, Edward Elger, Cheltenham, U.K. 2003. 11. Wasden Bello, Nicola Bullard et. al. (edited), Global Finance, The University Press Limited, Dhaka,2000.

Outcomes

• It allows examiners to evaluate the depth of knowledge beyond what is written.
• Unlike written papers that take weeks to grade, a viva allows students to receive immediate clarifications.

References

• Courses or curriculum in respective semesters.

Outcomes

• Thesis yields concrete outputs like publications, datasets, and methodologies, alongside broader outcomes such as new knowledge creation, professional credibility, and skill acquisition. It empowers scholars to challenge existing theories, foster innovation, and directly solve practical, real-world problems.

References

• Supervisor and reviewers guideline.

Outcomes

• 1. To recognize and explain the key categories of natural resources; 2. To exhibit understanding of the economics concepts of the optimal use/depletion of natural resources; 3. To explain and understand the role and limits for the recycling of resources; 4. To formulate and explain some of the main criteria for achieving a sustainable flow of resource inputs to the economic system; 5. To explain the significance of the laws of thermodynamics and conservation of matter within the context of the environmental debates; 6. To critically analyze the scope and limitations of substitution.

References

• 1. Tietenberg, Tom. Environmental & Natural Resource Economics. 2. The Economics of Natural Resource Use by Hartwick and Olewiler 2nd Edition (1998) 3. Perman, R., Ma, Y., McGilvray, J and Common, M (2003). Natural Resource and Environmental Economics. 3rd edition, 4. Pearce, D. W. and R. K. Turner. Economics of Natural Resources and the Environment. London: Harvester Wheatsheaf, latest edition. 5. Conrad, J. Resource Economics, 2nd Edition. Cambridge University Press. 6. Sterner. 2002. Policy Instruments for Environmental and Natural Resource Management. RFF and World Bank. 7. Baumann et al. 1998. Urban Water Demand Management and Planning. McGraw Hill. 8. Ruff, L. 1973. “The Economic Common Sense of Pollution.” In: Pollution, Resources, and the Environment. A. Enthoven and A.M. Freeman, eds. New York, NY: WW Norton and Company.

Outcomes

• 1. Master basic principles of economics and political science and be able to integrate them in the analysis of questions about public policy and societal institutions. 2. Understand the intellectual roots of economic liberalism and critiques thereof. 3. Understand the ethical and philosophical dimensions of questions about public policy and how they interact with economic and political considerations. 4. Be able to understand, interpret, and critically evaluate empirical evidence on economic, political, and public policy questions, including qualitative, quantitative, and formal statistical and econometric evidence. 5. Gain some exposure to and expertise in some Bangladesh domestic public policy and political issues, the comparative study of policies, politics, and institutions across countries, and questions of international political economy and globalization.

References

• 1. JosepoStigfitz Globalization and its Discontents. 2003. 2. Jagadish Bhagwati, In Defense of Globalization, 2004. 3. MahbubulHaq. Richard Jolly and Paul Streeten [ed], The United Nations and the Bretons Woods Institutions, New Challenges for the 21st century, 1995. 4. IMF, Globalization, Opportunities and Challenges, World Economic Outlook, 1997 5. Peter B Kenen [ed],; Managing the World Economy, Fifty Years after Brettons Wood, Insittute for International Economics. 6. Rehman Sobhan and Nasreen Khandker [ed], Globalization and Gender. 7. Debapriya Bhattacharya et. al, Bangladesh in the Global Trade Regime 8. Walden Bello et. al, Global Finance. 9. K.S. Jomo [ed.], Tiger in Trouble; Financial Governance, Liberalization and Crises in East Asia. 1998. 10. Matiur Rahman [ed.], Globalization and Environmental Change in Bangladesh, 2003 UPL 11. Graham Hancock, Lords of Poverty, 1989. 12. Deepak Nayyar [ed.], Governing Globalization, UNO, 2002. 13. World Bank, IMF, WTO Reports. 14. Anu Muhammad: Bishyaone rBoyporitya, 2nd ed. 15. Anu Muhammad: Pujir antorgoto probonota, 2010 16. A. Bagchi, BishyayanBhabana o Durbhabana [in Bangla, 2003].

Outcomes

• The course is designed in such a way so that after completing the course the students will be able to learn the sectoral development and analysis of sectors in a general equilibrium framework. It will enlighten the students about the state owned enterprises and private sector development, power and energy sector, transport and communication sector, technology and human resource development, poverty alleviation, labor market, labor migration and remittance earning, and environment and development, long term performance of Bangladesh. Having in depth knowledge on economy of Bangladesh, students will be able to analyze economic performance.

References

• 1. Khan, A.R. and Mahabub Hossain (1989), The Strategy of Development in Bangladesh, Macmillan, London 2. Planning Commission (1973), The First Five Year Plan 1973-78, Bangladesh Government Press 3. C.P.D., Independent Review of Bangladesh Development, (IRBD), (different issues from 1995to 2001), University Press Limited, Dhaka. 4. Bayes, Abdul and Muhammad, Anu (ed.) (1998), Bangladesh at 25: An Analytical Discourse on Development, University Press Ltd. 1998. 5. Bangladesh Bureau of Statistics, Statistical Pocket Book, (Latest Issue), Dhaka. 6. Akash, M. M., (2004), Papyrus, Dhaka 7. Islam, Nurul (2007), The Making of A Nation: A Tale of an Economist, UPL, Dhaka.

Outcomes

• Students will be able to: 1. Analyze theoretical models of strategic interaction in markets. 2. Apply game theoretic concepts to models of firm decision making. 3. Evaluate empirical studies in the field of industrial organization. 4. Explain how empirical studies in industrial organization relate to theory.

References

• 1. Bain, J.S. (1959), Industrial Organization, University of California 2. Needham, Douglas (1970), Economic Analysis and Industrial Structure, Rinehart and Winston. 3. Bain, J.S. (1956), Barriers of New Competition, Harvard University Press. 4. Clarke, Roger (1986), Industrial Economics, Balasil Blackwell Ltd. 5. Pickering, J.F. (1974), Industrial Sturcture and Market Conduct, Martin, Robertson& Company ltd, London. 6. Birthwal, R.F. (1984), Industrial Economics, Wiley Eastern ltd., Delhi 7. Penrose, E. T., The Theory of the Growth of a Firm, 8. Becheme, A. & E. J. WILLIAM , Economics of the Industrial Organization 9. Koch, J.V. (1974), Industrial organization and price 10. Hoover, E.M., The Location of Economic Activity 11. Isard,W., Location and Space Economy 12. Singh, Amarjit and Sadhu (1988), Industrial Economics, Himalaya Publishing House, Bombay 13. Sharma, C.P. (1988), Industrialization and Regional Development, Deep & Deep Publications, New Delhi. 14. Needham, Devid (eds.), An Intriductionn to Industrial Economics 15. Report of the TASK FORCES on Bangladesh Development Strategies for the 1990’s Vol. two, University Press Limited, Dhaka, 1991. 16. Khan, Azizur Rahman (1989), The Strategy of Development in Bangladesh, Macmillan 17. Abdullah, Abu and A.R. Khan (1996), State, Market and Development: Essays in Honor of Rehman Sobhan, UPL, Dhaka 18. Centre for Policy Dialogue (CPD), (1995, 1996 and 1997), Experiences with Economic Reform: Review of Bangladesh’s Development, University Press Ltd. 19. Reza, S., M.U. Ahmed & W. Mahmud (1992), Small and Medium – Scale Enterprises in Industrial Development, Academic Publishers, Dhaka. 20. Bakht, Zaid (ed.) (1991), Special Issue on “Industrial Policies and State of Industrialization in Bangladesh, vol. XIV, March-June 1991, Numbers 1&2. 21. Reza, Sadrel A.L. (ed.), Export-Led Growth Strategy for South Asia 22. Thuraisingam, Geeta (1998), Prospects an Challenge, Asia and Pacific Development Centre (APDC), Kuala Lumpur 23. Ahmed, Momtaz Uddin (1987), The Financing of Small Scale Industries: A Study of Bangladesh and Japan, University of Dhaka 24. K.H. Ahmed (2002), Backward Linkage to Ready Made Garments: Bangladesh Perspective, Academic Press and Publication Limited, Dhaka 25. Quddus, M. and S. Rashid (2000), The Remarkable Story of Garment Exports from Entrepreneurs and Bangladesh Economic Development , UPL, Dhaka 26. Siddique, Hafiz, G.A. (2004), The Ready Made Garment Industry of Bangladesh, Dhaka, UPL 27. Bhattacharya. D., et, al. (2005), Bangladesh in the Global Trade Regime: Labor

Outcomes

• Assess the role of money / finance in the macro- economic growth models
• Understand the causality issue between financial development and growth
• Analyze the basic purposes of markets for stocks, bonds and currencies
• Explain the role money in the economy and how money flows among different financial institutions
• Explain the uncertainty associated with the future value of money and monetary instruments
• Understand the reason behind financial crisis and how various financial institutions should react to counter the crisis
• Understand contemporary issues in monetary policy and financial stability
• Conduct a theoretical analysis of real-world issues and phenomena, apply various financial instruments and deciding how they should be regulated

References

• Miskin F. S., and Stanley G. Eakins: Financial Markets and Institutions , Prentice Hall, 2012
• Fry, M. (1995). Money, Interest and Banking in Economic Development, 2nd edition, Baltimore and London: Johns Hopkins University Press.
• Demirguc-Kunt, A. and R. Levine (2004). Financial Structure and Economic Growth: A Cross-Country Comparison of Banks, Markets, and Development (2nd edition), MIT Press
• James L pierce, Monetary and Financial Economics.

Outcomes

• Effective public policy interments used by public authorities.
• Differentiate the impact of various public policies and understand the relationship between social diversity and public policies.
• Identify those factors influencing political support to a public policy.
• Apply the understanding about various public policies to develop dominant public ideas.
• Develop the ability to critique public policies by using all information and resources available.

References

• Fischer, Frank, Reframing Public Policy: Discursive Politics and Deliberative Practices
• Leon, Peter De, Advice and consent: The Development of the policy Sciences

Outcomes

• Students should be able to i. Understand and use basic econometric tools - single as well as system equations - in the analysis of cross section and panel data. ii. Understand and apply the methods of least squares, maximum likelihood, instrumental variables, and generalized method of moments. iii. Understand the process of nonparametric and semiparametric methods and apply the methods in the analysis of cross section and panel data. iv. Understand and describe the relationships between behavioral content and assumptions of underlying population models, usually cast in terms of conditional moments and conditional distributions. v. Understand and apply econometric tools in the analysis of pooled as well as panel data. vi. Apply econometric tools in the analysis of discrete and fractional data including qualitative, grouped, count data, and fractional response models. vii. Apply econometric tools in the analysis of corner solution responses as well as truncated, censored and sample selection data. viii. Replicate empirical results from the applied literature and undertake empirical analysis using standard econometric software (e.g.., Stata) and appropriate data in economics and business.

References

• 1. Cameron, A Colin and Pravin K. Trivedi (2005), Micro econometrics Methods and Applications, Cambridge University Press. 2. Greene, William H. (2002), Econometric Analysis, Prentice Hall, Upper Saddle River, New Jersey. 3. Wooldridge, Jeffrey M. (2002), Econometric Analysis of Cross Section and Panel Data, The MIT Press, Cambridge. 4. Gujarati, Damodar N. (1995), Basic Econometrics, McGraw-Hill Inc. 5. Maddals, G. S., Introduction to Econometrics, McMillan Publishing Co. New York.

Outcomes

• Identify core assumptions and derive key results of trade models, use trade models to make informed predictions.
• Explore the linkages between trade, labor and capital movement in the global production networks.
• Critically analyze various trade agreements of the world economy.
• Analyze the evolution of bilateral and multilateral trade agreements as well as explore the challenges of the WTO.

References

• ADB (2003). “The Role of Preferential Trading Arrangements in Asia”, http://www.adb.org
• Ahmed, S. and Sattar, Z. (2003), “Trade Liberalization, Growth and Poverty Reduction: The Case of Bangladesh”, World Band.
• Baldwin, R. E. (1997), “The Causes of Regionalism”, The World Economy, pp. 865-888.
• Begum, S. and Shamsuddin, A.F.M. (1998), “Exports and Economic Growth in Bangladesh”
• Dollar, D. and Kraay, A. (2001), “Trade, Growth and Poverty”, Policy Research Working Paper, World Bank, Washington, D.C.
• Feder, G.(1983), “On Exports and Economic Growth”, Journal of Development Economics,vol.12,pp.59-73.
• Frankel, J.A. and Romer, D. (1999), “Does Trade Cause Growth”, American Economic Review, vol.89, No. 3, pp. 379-99.
• Ghatak, S., Milner, C. and Utkulu, U. (1997), “Exports, Export Composition and Growth: Cointegration and Causality Evidence for Malaysia”, Applied Economics, vol. 29, 213-23.
• Giles, J. and Williams, C. (2000), “Export-led Growth: A Survey of the Empirical Litrature and Some Non causality Results”, Journal of International Trade and Economic Development, vol.9, no.3, pp.261-338.
• Greenaway, D. and Sapsford, D. (1994), “What does Liberation Do for Exports and Growth”, Weltwirtschaftliches Archie, vol. 130, pp. 152-74.
• Grossman, G., and Helpman, E. (1991) “Trade, Knowledge Spillovers, and Growth”, NBER.

Outcomes

• On successful completion of this course, students will be able to: 1. Demonstrate the understanding of the theories of economic growth, endogenous growth theories, FDI and its contribution to economic development, linkage between globalization and development, environmental and sustainable development, development challenges regarding role of state & markets, and concept of development from the perspective of political economy. 2. Analyze empirical evidence on the patterns of economic development 3. Read critically the journal literature in the area of economic development

References

• 1. Behrman, J.and Srinivasan, T. N. (edited), Handbook of Development Economies, Volumes, IIIA & 11113 Elsevier, Amsterdam, 1995 2. Meir, G.M. and Stightz, J.E.(edited), Frontiers of Development Economics – The Future in Perspective , World Bank and Oxford University Press, 2001 3. Ian Living Stone (edited), Development Economics and Policy Reading , George Allen and Unwin Boston, 1981 4. Meir G.M. and Seers Dudley, pioneers in Development, Oxford University Press, New York, 1984 5. Aghion, P. and Durlauf, S.)editors), Handbook of Economic Growth, North-Holland, Amsterdam, 2005 6. Word Bank, Annual world Bank Conference on Development Economics, Various Issues 7. World Bank and Oxford University Press, The East Asian Miracle – Economic Growth and public Policy 1993, Washington,D.C. 8. John Rapley, Understanding Development: Theory and Practice, Boulder, 2002. 9. AmartyaSen, Development as Freedom, Random House, New York, 1999. 10. Michael P. Todaro and Stephen C. Smith, Economic Development, Pearson Education, 2003. 11. A.P. Thirlwal, Growth and Development. 12. Amsden. A, Asia’s Next Giant: South Korea and Late Industrialization, Oxford University Press, New Youk, 1989. 13. Edmond, C.M. (edited), Reducing Poverty in Asia - Emerging Issues in Growth Targeting and Measurement, Edward Elger, Cheltenham, U.K. 2003. 14. A.K. Sen, Choice of Techniques, Balckwell, Oxford 1968. 15. Wasden Bello, Nicola Bullard et. al. (edited), Global Finance, The University Press Limited, Dhaka, 2000. 16. Ian Golden and Kenneth Reinert, Globalization for Development, World Bank and Palgrave Macmillan, 2007 (revised edition), Washington.

Outcomes

• On successful completion of this course students will be able: 1 To gain confidence with the basics of Advanced Macroeconomic Theory 2 To develop analytical skills 3 To develop organizational skills 4 To develop both independent learning and group work skills 5 To develop verbal and non-verbal communication skills 6 To successfully use macroeconomics in economics and business applications.

References

• 1. Lars Ljungqvist and Thomas J. Sargent, Recursive Macroeconomics Theory, 2nd edition, The MIT Press (2004) 2. Thomas Cooley, Frontiers of Business Cycle Research, Princeton University Press (1995) 3. Romer, D. Advanced Macroeconomics, 4th edition, McGraw-Hill. 4. Blanchard, O. & S. Fischer. Lectures on Macroeconomics, MIT Press.

Outcomes

• Students will be able to apply microeconomic principles to solve complicated problems and apply the major theories and modules of microeconomics.
• Students will be equipped with the screening procedure in the job market and how job market works.
• Students can easily understand how economy moves towards equilibrium and gains as well as losses of any economic policy.
• Students will be able to know how public policies are being formulated and implemented.

References

• Main Reference • Microeconomic Theory by Andreu Mas–Colell, Michael D. Whinston and Jerry R. Green, Oxford University Press. 1995 • Game Theory for Applied Economists. Robert Gibbons. Princeton University Press. 1992. • Game Theory Lecture Notes. Matthew Hoelle, Purdue University.2014 • Strategy and Game Theory: Practice Exercises with Answers. Munoz-Garcia, F. and D. Toro-Gonzalez. Springer Verlag
• Mas-Colell, M. Whinston and J. Green (henceforth “MWG”), Microeconomic Theory, Oxford Univ. Press, 1995.
• R. Gibbons, Game Theory for Applied Economists, Princeton Univ. Press, 1992. E.