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Econ 1101
Microeconomics I
3  Credit
Course No.: Econ 1101 Credit: 3.0 Year: First Term: First
Course Title: Microeconomics I Course Status: Core
Rationale: The course is designed to make the beginners oriented with the basic microeconomic tools to be used in courses at advanced level.  
Course Objectives: The aim of this course is to: ·           Acquaint students with the basic tools of microeconomics. ·           Help them conceptualize basic theories in this branch of economics. ·           Make the students understand the link between microeconomic theory and real life practices. ·           Develop skills to analyze day to day economic issues. ·
Intended Learning Outcomes (ILOs): At the end of this course students will be able to: ·           Gather basic knowledge regarding concepts used in microeconomics and the theories developed through using these concepts. ·           Understand and analyze the nature of consumer and producer behavior. ·           Demonstrate how buyers and sellers interact in the market to settle equilibrium price and quantity. ·           Evaluate the determinants of production decision of the producers. ·           Analyze real life happenings in the sphere of microeconomics, on the basis of acquired theoretical knowledge.  
Course Content
Section – A
  Introduction: Definition, nature and scope of economics; Microeconomics versus macroeconomics; Positive versus normative economics; Economic versus free good; Concept of – scarcity, choice, commodity and wealth; Basic economic activities – production, distribution, exchange, consumption; Economic system and its types – capitalistic, socialistic, mixed; Solution of basic economic problems under different economic systems; Circular flow of income; PPC / PPF. Demand and Supply: Concept of demand and supply; Law of demand and supply; Determinants of demand and supply; Demand and supply functions, equations, schedules and curves; Movement along and shift of demand and supply curves; Various concepts of elasticity; Price, income, cross and supply elasticity; Determination of EP; Different values of EP; Measurement of ES and its value. Market Equilibrium: Derivation of market demand curve and market supply curve; Concept of market equilibrium in equation and graph; Shift of equilibrium; Consumers’ and producers’ surplus. Theory of Consumer Behavior: Concept of – utility, total and marginal utility; Cardinal versus ordinal measurement of utility; Law of diminishing marginal utility; Marshallian utility analysis; Paradox of value; Indifference curve analysis; Budget constraint; Consumers’ equilibrium; Change in consumers’ equilibrium due to change in income and prices; PCC and ICC; Income, substitution and price effect for normal, inferior and Giffen goods.  
Section – B
  Theory of Production: Concept of production; Factors of production; Short-run and long-run production functions; Total, average and marginal product; Law of variable proportion; Law of diminishing return; Returns to scale; Stages of production; Iso-quant curve, Iso-cost line; Producers’ equilibrium; Change in producers’ equilibrium due to change in expenditure; Expansion path; Ridge line; Constrained output maximization and constrained cost minimization. Theory of Cost and Revenue: Concept of cost; Short-run and long-run cost; Fixed and variable cost; Total, average and marginal cost; Shape of and inter-relationship between different types of cost curves; Inter-relationship between short-run and long-run cost curves; Envelope curve; Concept of – total, average and marginal revenue; Shape of and inter-relationship between different types of revenue under different market structure. Market Structure: Definition; Classification of market on the basis of time, location and degree of competition; Characteristics of perfectly competitive and monopoly markets; Concept of firm and industry; Concept of normal and super-normal profit; Conditions of profit maximization; Determination of short-run and long-run equilibrium of firm and industry under perfectly competitive and monopoly markets; Perfect competition versus monopoly; Concept of optimum production and optimum plant. Microeconomics in Practice: Exercise with field-level / hypothetical data on demand, supply, production and cost; Orientation to prevailing market structure of various products in surroundings.  
Math 1151
Mathematics for Economists I
3  Credit
Course No.: Math 1151 Credit: 3.0 Year: First Term: First
Course Title: Mathematics for Economists I Course Status: Core
Rationale: This course intends to familiarize students with the basic mathematical methods that are indispensable for understanding and analyzing economic issues.  
Course Objectives: The aim of this course is to: ·           Make students able to interpret and use the basic mathematical tools, symbols and terminology. ·           Help students to build elementary skills in mathematical methods. ·           Develop the level of students’ ability to apply mathematical methods to solve problems in the area of Economics.  
Intended Learning Outcomes (ILOs): At the end of this course students will be able to: ·           Understand the needs of mathematics in economics and demonstrate the basic algebra and set theories, equation, function and relation and their application in economics. ·           Sketch graphs of linear, quadratic, cubic, exponential and logarithmic functions. ·           Understand the application of the gradient of a curve. ·           Evaluate the rules of differentiation and their application in economic optimization problem. ·           Apply the rules of matrix algebra and its application in economics. ·           Develop skills of adopting a variety of mathematical techniques to explain economic models.  
Course Content
Section – A
  Introduction: Mathematical versus non-mathematical economics; Concepts of constant and parameter; Variable – endogenous, exogenous, continuous, discontinuous. Basic Algebra: Number system; Properties of real number; Properties of zero and one; Rules of sign; Addition, subtraction, multiplication and division of signed number; Order of operation; Addition and subtraction of fractions; Rules of exponents. Set Theory: Definition; Types of set – equal set, subset, disjoint set, finite set, infinite set, universal set; Union, intersection and complement of set; Laws of set operation. Equation, Function and Relation: Ordered pair; Ordered set; Function; Relation; Equation; Relation versus function; Types of function and equation – constant, linear, quadratic, cubic, rational, algebraic, non-algebraic, exponential, logarithmic, polynomial; Use of equation and function in economics – demand, supply, cost, investment, national income, production, income, savings, tax and equilibrium equation. Solution of Equation: Elimination and substitution method; Factoring; Solution of quadratic equation; Solution of equations in economics. Graph: Graph of constant, linear, quadratic and cubic equation; Graph of inequality function; Graph of logarithmic and exponential function; Use of graph in economics.      
Section – B
  Elementary Geometry: Co-ordinate geometry; Distance between two points; Equation of a straight line passing through two points; Equation of two axis and their parallel lines; Condition for two straight lines to be parallel to each other and perpendicular on each other. Differentiation: Geometrical explanation of differentiation; Rules of differentiation; Successive differentiation; Partial differentiation. Application of Differentiation: Marginal utility; Marginal cost; Marginal revenue; Marginal profit; Marginal productivity; Profit maximization; Marginal propensity to consume; Marginal propensity to save. Constrained Optimization: Utility maximization subject to budget constraint; Budget minimization for a given level of utility; Output maximization for a given level of cost; Cost minimization for a given level of output. Matrix Algebra: Definition and types of matrices – square, identity, null, singular, non-singular, transpose, idempotent, inverse; Matrix addition, subtraction, multiplication; Cramer’s rule of matrix solution.  
Math 1152
Sessional on Mathematics for Economists I
2  Credit
Course No.: Math 1152 Credit: 2.0 Year: First Term: First
Course Title: Sessional on Mathematics for Economists I Course Status: Core
Rationale: The course is a hands on session of course ‘Econ 1103: Mathematics for Economists I’. The course intends to familiarize students with the basic mathematical methods and its practical application in economics.  
Course Objective: The aim of this course is to: ·           Introduce students to the mathematical concepts and methods used by professional economists. ·           Develop students’ ability to derive logical implications of formal economic models. ·           Help students to apply mathematical methods for solving problems in the area of Economics.  
Intended Learning Outcomes (ILOs): At the end of this course students will be able to: ·           Build up the relationship among economic variables through mathematical modeling. ·           Demonstrate economic relationship between variables. ·           Understand different mathematical exposition presented in the research articles. ·           Develop skills for simulating economic theories for exploring the policy impacts. ·           Apply the optimization techniques for exploring the optimum solutions for economic decisions. ·           Apply matrix algebra for exploring the sectoral relationship of an economy.  
Course Content
  Application of Variable in Economics: Price; Quantity; Cost; Revenue; Profit; Consumption; Income; Savings. Use of Equation in Economics: Demand, supply, cost, investment, national income, production, income, savings, tax and equilibrium equation. Geometry and Economics: Use of geometry in economic analysis. Differentiation and Economics: Concavity; Convexity; Maximization; Minimization. Marginal Analysis: Marginal analysis of – cost, revenue, profit and productivity.  
Econ 1103
Bangladesh Economy I
3  Credit
Course No.: Econ 1103 Credit: 3.0 Year:  First Term:  First
Course Title: Bangladesh Economy I Course Status: Core
Rationale: As a student of BSS (Hons) program in Economics, one must have the knowledge of Bangladesh economy to contribute to the economy in the future, especially in policy making. During four year undergraduate program, the students have to work in various national issues. Hence, they need sound knowledge on the Bangladesh economy. The course is designed to provide appropriate knowledge about the nature, strength and weaknesses of the Bangladesh economy.  
Course Objectives: The aim of this course is to: ·           Introduce the students with different sectors and issues of Bangladesh economy with their relative importance in the economic development of Bangladesh. ·           Emphasize intensive study of international trade, govt. policies, other factors of growth and development associated with Bangladesh. ·           Provide idea about resources and constraints that will help students to formulate country’s development strategies.  
Intended Learning Outcomes (ILOs): At the end of this course students will be able to: ·           Characterize and demonstrate economic structure of Bangladesh. ·           Gain knowledge on the problems and prospects of various sectors of Bangladesh economy. ·           Apply their gained knowledge in formulating research problems regarding different economic issues of Bangladesh. ·           Understand the national policy issues related with Bangladesh economy. ·           Justify the development strategy having idea about resources and constraints.  
Course Content
Section – A
  Introduction: Overview of Bangladesh economy; Sectors of Bangladesh economy; Growth of GDP, GNP and NNP; Savings and investment. Agricultural Sector of Bangladesh: Growth; Farm size and tenancy structure; Landlessness and impact on production; Employment and income; Pricing and marketing of agro-products; Subsidy policy; Problems of agricultural development; Structural development; Seed, fertilizer and irrigation technology; Comparative analysis of agricultural and industrial sector of Bangladesh. Industrial Sector of Bangladesh: Industrial background and growth; Structure of industrial sector and thrust sub-sectors; Labor force and employment; Role of public and private sectors in industrial development; Capital supply; Industrial policy; FDI; Decentralization. Banking in Bangladesh: Bangladesh bank; Commercial banks; Role in deposit mobilization; Long, medium and short term loans; Problems of banking.        
Section – B
  Transport and Communication: Status of transportation in Bangladesh; Road transport; Railway; Air transport; Water transport; Present status of communication in Bangladesh; Telephone, telegraph, post office. Energy: Sources; Demand and supply; System loss; Role of PDB, DESA and REB; Rural electrification; Transmission and distribution; Role in economic development. Natural Resources of Bangladesh: Availability, use and importance of oil, gas, coal, peat and limestone resources; Forest resources – types, sources, availability and importance of forest resources; Role in economic development; Constraints of development; Fisheries sector – sources, availability and importance; Govt. law in preservation of fish resources. Education: Education system; Education policy; Educational institutions – mass primary, secondary, higher secondary, madrasah, college, technical, medical, agricultural and engineering institutions, university; Role in skill development; Govt. and NGO activities; Non-formal primary education program; Constraints in accessibility; Education versus overall economic development. Women Development: Status of women; Constraints of women development; Concept and dimension of empowerment; Women empowerment and pro-poor growth; Challenges of women empowerment; Initiatives for women empowerment.  
Soc 1155
Government and Politics
3  Credit
Course No.: Soc 1155 Credit: 3.0 Year: First Term: First
Course Title: Government and Politics Course Status: Core
Rationale: For the students of economics, studying Government and Politics will provide insight into the political beliefs and functions which is complementary to the understanding of the modern world. The course is designed to familiarize the students with the fundamentals of government, politics and public administration.  
Course Objectives: The aim of this course is to: ·           Acquaint students with the fundamental terminologies related to government and politics. ·           Make the students familiar with forms and organs of government, public administration, and civil rights. ·           Conceptualize existing political system of Bangladesh. ·           Build knowledge of key theories and concepts, historical developments, organizations and modern issues in political science.  
Intended Learning Outcomes (ILOs): At the end of this course students will be able to: ·           Understand the basic concepts of political science and the relationship between politics and economics. ·           Use key theories and concepts of political science in analyzing political economy of Bangladesh. ·           Understand the organs of government, electoral processes, and policies in a variety of countries around the world and the ability to compare the effectiveness or impact of differing political arrangements across countries. ·           Demonstrate various activities of public administration. ·           Identify and explain the central principles, institutions, procedures, and decision‐making processes of Bangladesh’s political system. ·           Evaluate the basic strengths and weaknesses of the political system of Bangladesh through the application of political theories.  
Course Content
Section – A
  Introducing Government and Politics: Definition, nature and scope of political science; Government and state; Welfare state; Relationship between political science and economics. Basic Concepts of Political Science: Political culture; Political belief; Political modernization; Political development; Political ideology; Political revolution; Political integration and constitution: comparison of the constitution between UK and USA. State: Theories of state development; Functions of state; State and family; State and property; State and law; State and religion; State and education. Forms and Organs of Government: Democracy; Dictatorship; Unitary; Federal; Parliamentary and presidential forms of government; Legislature, executive and judiciary.    
Section – B
  Political Economies: Conservatism; Liberalism; Utilitarianism; Totalitarianism; Socialism; Capitalism; Communism. Public Administration: Administrative structure and processes; Administrative behavior; Comparison between public and private administration; Role of public administration in economic activities; Role of the bureaucracy and the courts in policy implementation in Bangladesh. Civil Rights and Civil Liberties: Ideas of rights; Positive and negative rights; Human rights and fundamental rights; Equity and equality; Freedom and obedience; Development of civil liberties and civil rights by judicial interpretation; Knowledge of substantive rights and liberties. Political System of Bangladesh: National Assembly of Bangladesh; Political parties; Cabinet; Civil service and local government; Legislature, executive and judiciary; Political and military elites in Bangladesh; Constitution of Bangladesh; Problems and prospects of institutionalization of democracy in Bangladesh.  
CSE 1154
Computer Application Lab.
1.5  Credit
Course No.: CSE 1154 Credit: 1.5 Year:  First Term: First
Course Title: Computer Application Lab. Course Status: Core
Rationale: The student must have good command over computer while studying in a university. They usually have to prepare report, project, thesis etc. by using different computer programs. Therefore, it is important to serve the very basic knowledge to the beginners about fundamentals of computer application.  
Course Objectives: The aim of this course is to: ·           Make students aware about importance of e-knowledge. ·           Capable the students about operating a computer. ·           Help students capable to operate basics of Microsoft word. ·           Develop students’ capability of understanding soft copy file management.  
Intended Learning Outcomes (ILOs): At the end of this course students will be able to: ·           Operate computer individually. ·           Manage soft copy of files in a computer systematically. ·           Write reports and assignments by using MS word. ·           Edit text, table and figure using tools of MS Word. ·           Present descriptive statistics, produce tables and graphs using software.  
Course Content
  Introduction to Computer: Basic terms and concepts; Hardware, software and their applications. Operating System Fundamentals: DOS and Windows. Word Processing: Application and practice of MS Word Systems. Excel: Application and practice of preliminary MS Excel Systems.  
Eng 1153
English
3  Credit
Course No.: Eng 1153 Credit: 3.0 Year:  First Term:  First
Course Title: Communicative English Course Status: Core
Rationale: Competence in language skills is essential for effective communication. The course offers the students an opportunity to know the skills of English Language and their proper uses  
Course Objectives: The aim of this course is to: Help students learn about the major skills of English language and their proper applications in everyday life Develop students’ communicative competence  
Intended Learning Outcomes (ILOs): At the end of this course students will be able to:
  • apply how to transform one part of speech into another part
  • differentiate between clauses and phrases
  • frame W/H questions
  • explicate the elements of reading
  • elucidate  the process of note-taking
  • implement the notions of speaking
  • explain the mechanics in writing
  •  place themselves as ideal listeners
Course Content
Section – A
  Development of Vocabulary: Processes of Word Formation and Transformation; Proper use of parts of speech Sentence Structure: Structures of  Basic Sentences, Identification of Clauses and Phrases, Joining sentences, Transformation of Sentences, Framing W/H Questions Reading and Understanding: Perspectives on reading comprehension; Elements of reading: vocabulary, syntax and meaning; Reading strategies: intensive and extensive reading; scanning and skimming; prediction and inference; reader’s expectation and interpretation; contextual understanding and understanding the whole text; effective note-taking
Section – B
  Development of Speaking skills: Art of Good Speaking, Notions and Functions, Speaker-listener Rapport, Intonation and Stress Development of Writing Skills: Process of writing, Understanding Academic Writing: features and elements, Mechanics in Writing: Capitalization and Punctuation; Generating ideas for a writing task; Drafting and Supporting ideas with evidence; Integrating data and graphics in texts; Modes of writing,  Writing tasks: Paragraph, Essay, Summary, Précis, Report, Abstract, Letter of Application, Assignment, Examination Paper. Development of Listening Skills: Guide Lines for Developing Listening Skills, Role of a Good Listener, Listening Comprehension.  
Econ 1201
Macroeconomics I
3  Credit
Course No.: Econ 1201 Credit: 3.0 Year: First Term: Second
Course Title: Macroeconomics I Course Status: Core
Rationale: The course is designed to make the beginners oriented with the basic macroeconomic tools to be used in courses at advanced level.  
Course Objectives: The aim of this course is to: ·           Introduce the students with the basic concepts and tools of macroeconomics. ·           Make the students conceptualize the basic theories in the branch of macroeconomics. ·           Initiate understanding the link between macroeconomic theory and practice. ·           Provide analytical skills to evaluate economic environment and related policy issues.  
Intended Learning Outcomes (ILOs): At the end of this course students will be able to: ·           Gather basic knowledge regarding concepts used in macroeconomics and their interrelationship. ·           Understand and analyze the nature of major macroeconomic variables. ·           Illustrate the determinants of national income and employment. ·           Explore the root causes of unemployment and inflation occurring in the economy. ·           Evaluate economic environment and related policy issues. ·           Analyze real life happenings in the sphere of macroeconomics on the basis of acquired theoretical knowledge.  
Course Content
Section – A
 Introduction: Definition; Basic macroeconomic concepts – GNP, GDP, NNP, NI, PI, DI – Interrelationship among these concepts; Nominal and Real GNP; Growth of GNP; GNP as an indicator of economic welfare; Potential and actual GNP; GNP gap; Fluctuation in GNP; Business cycle; Stabilization policy; Fiscal policy and monetary policy; Inflation; Unemployment. National Income Accounting: Concept of – final good and intermediate good, injection into the economy and withdrawal from the economy, government expenditure, tax and transfer payment; Methods of measuring national income – product, income, expenditure and value added approach; Problem of double counting; Problems of national income accounting; Importance of national income accounting; Concept of circular flow of income and expenditure in two, three and four sector economy. Consumption and Savings: Consumption expenditure and savings; Consumption and savings function; Concepts of – MPC, MPS, APC, APS and inter-relationship among them; Short-run and long-run consumption function. Capital and Investment: Concept of capital and investment; Investment function; Gross and net investment; Induced and autonomous investment; Business fixed investment; Residential investment; Changes in inventories; Concepts of MEC and MEI; Investment decision; Concept of IRR and NPV.
Section – B
  Classical Income Determination Model: Say’s Law; Pigou’s wage-price flexibility theory; Quantity theory of money – Fisher’s and Cambridge versions; Output and employment determination in classical theory; Effect of changes in demand for and supply of labor on equilibrium output and employment in the classical theory; Keynesian criticism. Keynesian Model of Income Determination: National income determination model for two, three and four sector economy; Concept of  multiplier – investment multiplier, govt. expenditure multiplier, tax multiplier, transfer payment multiplier, foreign trade multiplier. Inflation: Concept of inflation; Measurement of inflation – CPI, PPI, GNP deflator; Types and causes of inflation – cost-push, demand-pull, mixed, stagflation; Cost of inflation; Remedies for inflation; Inflationary and deflationary gap; Measurement and policies to reduce gaps. Unemployment: Concept of – full-employment, unemployment and natural rate of unemployment; Measurement of unemployment; Types of unemployment – voluntary, involuntary, cyclical, seasonal, frictional, structural and disguised; Socioeconomic cost of unemployment; Remedies to and policies to tackle unemployment.  
Econ 1203
Bangladesh Economy II
3  Credit
Course No.: Econ 1203 Credit: 3.0 Year:  First Term: Second
Course Title: Bangladesh Economy II Course Status: Core
Rationale: This course is designed and offered to have an advanced knowledge on the economy of Bangladesh. It provides a detail analysis of the Bangladesh economy. This course also involves a comparison of international and national policy issues.  
Course Objectives: The aim of this course is to: ·           Provide extended knowledge on Bangladesh economy. ·           Analyze different microeconomic and macroeconomic variables that are interlinked with the structure of Bangladesh economy.  
Intended Learning Outcomes (ILOs): At the end of this course students will be able to: ·         Demonstrate different micro and macroeconomic issues related to Bangladesh economy. ·         Characterize different economic problems prevailing in Bangladesh. ·         Conceptualize different international issues related with Bangladesh economy. ·         Evaluate the contribution of different institutes to Bangladesh economy. ·         Analyze trade policy, public-private partnership and relate these issues in different research problem setting.  
Course Content
Section – A
  Export and Import: Export and import items; Export income and import expenditure; Balance of trade and balance of payments; Export incentives; World economic downturn and impact on export and import. Human Resources: Labour force characteristics; Employment by major occupation and industry; Labor market trends in Bangladesh; Formal and informal employment; Strategy for sustainable growth; Literacy and education; Skill development facilities; Manpower export – present status and future potential; Organizations involved in skill training; Major skill development training facilities; Workplace learning; Overseas employment; Prominent trades in overseas employment. Poverty: Dimension of poverty; Rural versus urban poverty; Concept of pro-poor growth; Causes of poverty; Human Poverty Index; Poverty versus economic development; Policies and programs for poverty eradication: PRSP, MDG. Science and Technology: Role in economic development; Role of SPARRSO, BCSIR, BSTI, BANSDOC and BCC; Information technology.
Section – B
  Foreign Aid in Bangladesh: Classification of foreign aid; Importance, demerits and types of foreign aid; Methods of foreign aid; Arguments for project aid; Regional co-operation of SAARC; International co-operation; NGO assistance for development. Budget of Bangladesh: Need for budget; Types; Difficulties in preparing budget; National budget analysis; Criticism and weaknesses of the budget of Bangladesh. Service Sector and Development: Importance of service sector; Service sector and GDP; Contribution to employment: Regulatory framework; Corruption and irregularities in the service sector. Public Private Partnership (PPP): Concept; Need for PPP; Different PPP implementation model; List of PPP projects and organizations involved for implementation; Legal basis for PPP in Bangladesh; Budgetary allocation for the PPP; Scope, benefits and challenges of PPP in Bangladesh.  
Econ 1204
Bangladesh Economy − Fieldwork and Studio
2  Credit
Course No.: Econ 1204 Credit: 1.5 Year:  First Term: Second
Course Title: Bangladesh Economy − Fieldwork and Studio Course Status: Core
Rationale: The course is offered for the students to have a field experience that develop their ability to analyze corresponding data which have an influence in their future research problem understanding. This is a hand on course that builds students’ ability to analyze the real life scenario and apply theoretical understanding in analyzing real time problem analysis.  
Course Objectives: The aim of this course is to: ·         Help students studying and analyzing different economic sectors, their contributions, problems, prospects and other socio-economic indicators of development. ·         Enable the students to work their problems as field level study. ·         Develop link between theory and practice with regard to issues of Bangladesh economy.  
Intended Learning Outcomes (ILOs): At the end of this course students will be able to: ·           Design field level study on Bangladesh economy. ·           Formulate and analyze research problem. ·           Collect data from field for analysis. ·           Analyze data corresponding to Bangladesh economy. ·           Disseminate their findings through oral presentation to the academic audiences.  
Course Content
  The aim of this sessional course is to create awareness among the students about the current economic problems prevailing in Bangladesh. Students will review and analyze current problems and think about alternative approaches to resolve them. This course will cover, apart from other aspects, the following issues:   Industry and Development: Scenario of industrial development; Growth of industry; Problems and prospects. Thrust Sectors: Present scenario; Problems and prospects of thrust sectors in Bangladesh. Poverty: Real scenario analysis; Policies and programs for poverty eradication and its progress in Bangladesh. Agricultural Development: Growth, problems and prospects of agricultural development in Bangladesh. Education and Human Resource Development: Applicability in Bangladesh. Energy: Present situation analysis; Challenges and opportunities in Bangladesh.  
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