B.B.A. LL.B. (HONS.

) DEGREE

SUBJECTS

SEMESTER II

1 BBL201 ENGLISH II

2 BBL202 MARKETING MANAGEMENT AND CONSUMER BEHAVIOUR

3 BBL203 PRINCIPLES OF MANAGEMENT

4 BBL204 CONSTITUTIONAL LAW – I

5 BBL205 LAW OF CONTRACTS – I

6 BBL206 PRINCIPLES OF ECONOMICS (MACRO)

 ENGLISH II

COURSE: ENGLISH II SEMESTER II

PAPER CODE: : BBL201 L. T. P. 4-1-0 CREDITS-4

SYLLABUS
UNIT I: 18

Basic Applied Grammar and Usage

 The Sentences: Parts–Subject and Predicate;
 Kinds of Sentences and their Transformation.
 Parts of Speech: Kinds and Use with example (Noun, Pronoun, Adjective and Verb), Articles:
Kinds and Use.

UNIT II: 18

Basic Applied Grammar Continued

 Adverbs: Kinds and Usage.
 Prepositions: Kinds and Usage.
 Conjunctions: Kinds; Usage.
 Interjections: Definition; Usage,
 Clauses and Phrases

UNIT III: 18

1. Interrelation of Language and Law.

2. Problem of Legal Language in-

A. Writing of Judgment
I. Lack of Communicability
II. Use of literary language
III. Over elaboration in Judgment writing
B. Drafting of Statutes-
I. Lack of clarity of expression
II. Problems due to drafting of definitions
III. Due to inherent ambiguities in the words

3. Drafting of -

A. Cover Letter, Resume.

B. Warning Letter, Show Cause Notice, Notice, Affidavit, Agreement of Sale, Sale Deed,
 Promissory Notes, Power of Attorney, Will.

UNIT IV: 18

 Presentation Techniques, Group Discussion and Mooting Exercise

 Writing of Case Comment
 Writing of Book Review
 Project Making in Law and Article Writing

Text Books

 English Grammar-Wren and Martin

 Outline of Legal Language in India-Dr. Anirudhh Prasad
 Glanville Williams: Learning the Law- A.T.H. Smith
 Legal Language and Legal Writing And General English- B.M Gandhi
 Legal Language and Legal Writing- Prof. (Dr.) K .L. Bhatia

References:

 Suggested Cases (For Discussion)

1. Bangalore_Water_Supply_vs_A_Rajjappa.
2. Tulasamma and Ors vs Sesha Reddy
3. Chitan J Vaswani and Orsvs_State of West Bengal
4. Liversidge v. Anderson
5. Balfour v. Balfour

 Suggested books (For Discussion)

1. The Trail- Franz Kafka

2. JUSTICE: What’s the Right Thing to Do?- Michael J. Sandel

 Suggested Articles (For Discussion)

1. Of Judicature- Francis Bacon

2. How the Young Are Indoctrinated to Obey- Noam Chomsky
3. The Assault on Public Education- Noam Chomsky
4. The Responsibility of Intellectuals-Noam Chomsky

 Drama (For Simulation)

1. Silence! The court is in session- Vijay Tendulkar

2. Loyalties - John Galsworthy
3. The Winslow Boy- Terence Rattigan
 Suggested Movies (For Watching and Discussion)

1. 12 Angry Man (1957)

2. Judgment at Nuremberg (1961)
3. Dance with a Stranger (1985)
4. Anatomy of Murder (1959)
5. The Great Debators (2007)
6. The Accused (1988)
7. To Kill a Mocking Bird- Harper Lee
 MARKETING MANAGEMENT AND CONSUMER BEHAVIOUR
COURSE: MARKETING MANAGEMENT AND CONSUMER BEHAVIOUR SEMESTER II

PAPER CODE: : BBL202 L. T. P. 4 -1- 0 CREDITS-4

SYLLABUS
UNIT I 8

Introduction:

Meaning and Evolution of Marketing; Nature, Scope and Importance, Marketing vs. Selling, Philosophy
of Marketing, Marketing Environment.

UNIT II 14

Market Segmentation, Targeting, & Positioning:

Concept, importance and bases of segmentation, Types of Target Marketing; Positioning - concept &
importance, repositioning and de-positioning.

UNIT III 8

Marketing Mix:

Concept, scope & importance; Product - Concept of product, product range, new product development
process, product life cycle; Price - Pricing objectives, factors influencing pricing decisions, pricing
strategies; Distribution - Concept & importance; types of distribution channels; Promotion – Importance,
elements of promotional mix, factors determining promotion mix.

UNIT IV 14

Consumer Behaviour:

Defining Consumer Behaviour; Reasons for studying consumer behaviour. Environmental influences on
consumer behavior, Consumer Decision Making Process: Problem recognition; Search and evaluation,
purchasing processes, Post-purchase behavior. Organizational buying behavior.

UNIT V 14

Marketing Channels:

Concept and Role, Types of Channels, Factors Affecting Choice of Distribution Channels, Retailer and
Wholesaler, Physical Distribution of Goods, Transportation, Warehousing.
UNIT VI 14

Marketing Information System:

Concept & components of a Marketing Information System; Meaning, Scope & Importance of Marketing
Research, Marketing Research Process, Recent Developments in Marketing, Goods Marketing vs. Service
Marketing.

Text Books:

Marketing Management – Dr. K. Karunakaran, Himalaya Publishing House

Reference Books:

1. Panda, K.P.: Marketing Management-Text and Cases. 2nd Edition. Excel Books
2. Quelch, J.A.: Marketing Management. Tata McGraw Hill
3. Kotler, P., Armstrong, G., Haque, E.U. &Agnihotri, P.Y.: Principles of Marketing. Pearson
Education
4. Kotler, P. & Keller, K.L. (2012): Marketing Management. 14th Global Edition. Pearson
Education
5. Ramaswamy, V.S. &Namakumari, S. (2013): Marketing Management Global Perspective, Indian
Context. 5th Edition. Macmillan and Company

Note: Latest editions of all the suggested readings may be used.

 PRINCIPLES OF MANAGEMENT

COURSE: PRINCIPLES OF MANAGEMENT SEMESTER II

PAPER CODE: : BBL203 L. T. P. 4-1-0 CREDITS-4

SYLLABUS

UNIT I 14

Framework of Management

Introduction to Management: Concept of management, Nature of management, What

managers do?, Levels of Management, Management skills.

Development of Management Thought: Evolution of management thought.

UNIT II 15

Fundamental of Planning

Concept of planning, Types of planning, Planning premises, Business forecasting.

Organizational Plans: Objectives, Management by objectives, Strategy, Policy, Procedures

& Budgets.

Decision Making: Concept of decision and decision making, Approaches for Decision
making, Techniques.

UNIT III 15

Fundamentals of Organizing

Concept of organizing, Design of organization structure, Forms of organization structure.

Power and Authority: Concept of power, Delegation of Authority, Centralization and

Decentralization. Authority relationship.

UNIT IV 14

Fundamentals of Staffing

Concept of staffing, Human Resource Planning, Job Analysis, Recruitment & Selection,
Placement & Orientation, Training &Development, Performance appraisal.

Fundamentals of Directing: Concept, Supervision, Directing and Human Factor,

Organizational culture.

Motivation: Concept, Theories

Leadership: Concept, Theories, Leadership styles, Inspirational approach to leadership.

UNIT V 14

Controlling

Concept of controlling, Design of Effective control system, Control techniques at operations

level, Overall control techniques.

Text Book:
1. L. M. Prasad; Principles and Practice of Management, Sultan Chand and Sons, New Delhi,2015

References:
1. Koontz. O Donnel and Weirich (2001) – Management, Tata McGraw Hill Publishing Company,
NewDelhi
2. Chopra, R.K. - Principles & Practices of Management,Sun India Publication, Latest Edition
3. Tripathi P.C. and Reddy P.N., Principles & Practices of Management, 2ndEdition, Tata McGraw
Hill
 CONSTITUTIONAL LAW I

COURSE: CONSTITUTIONAL LAW - I SEMESTER II

PAPER CODE: : BBL204 L. T. P. 4-1-0 CREDITS-4

SYLLABUS

UNIT I 10

Introduction : Concept Of: Rule Of Law And Separation Of Powers, Constitution: Nature, Sources
And Salient Features, Preamble, Constitutionalism, Citizenship And Parliamentary System Of
Government, Concept Of Human Rights, Human Rights And Fundamental Rights

UNIT II 12

Fundamental Rights: Right To Equality

 Definition Of State For Enforcement Of Fundamental Rights,

 Justiciability Of Fundamental Rights, Doctrine Of Eclipse, Doctrine Of Severability,
Doctrine Of Waiver, Right To Equality, Doctrine Of Reasonable Classification And The
Principle Of Absence Of Arbitrariness,
 Non-Discrimination And Equal Opportunity In Employment,

UNIT III 20

Fundamental Rights: Right to Freedom

 Fundamental Freedoms Under Art 19: Freedom Of Speech And Expression, Right To
Information, Freedom To Assemble, Freedom Of Association, Freedom Of Movement,
Freedom To Reside, Freedom Of Trade, Business And Profession, Expansion By Judicial
Interpretation, And Reasonable Restrictions,
 Right To Life And Liberty Under Art 21, Right To Privacy As A Fundamental Right With
Special Reference To The Aadhar Judgement Under Article 21.
 Protection In Respect Of Conviction For Offences; Right To Life And Personal Liberty:
Scope And Content, Preventive Detention,
 Right Against Exploitation: Human Trafficking, Forced Labour And Child Labour,
 Freedom Of Religion,
 Educational And Cultural Rights,
 Reservations In India With Special Reference To The Recent Policy Of Reservation Up To
10% Under Reservation To Economically Weak Upper Caste Bill- Article 15 And Article 16
UNIT IV 10

Fundamental Rights: Right To Constitutional Remedies

 Judicial Review,
 Writs: Habeas Corpus, Mandamus, Certiorari, Quo Warranto And Prohibition.

UNIT V 20

Directive Principles Of State Policy

 Directive Principles Of State Policy: Meaning, Nature And Justiciability,

 Inter-Relationship Between Fundamental Rights And Directive Principles.

Fundamental Duties

 Fundamental Duties, Social Justice Under The Indian Constitution: Protective Discrimination For
Scheduled Caste, Scheduled Tribes, Minorities And Other Backward Classes.

Acts And Statues (As Amended)

Bare Act: Constitution Of India

Text Book

J. N. Pandey- Constitutional Law

Reference Books

1. D D. Basu, Commentary On The Constitution Of India, Wadhwa, Nagpur 2007, Part 1, Pp.
10-19
2. M.P. Jain, Indian Constitutional Law, Wadhwa, Nagpur 2010, Pp.1-22
3. M.P. Singh, (Ed.) V.N. Sukla, Constitutional Law Of India, Eastern Book Co., Lucknow,
2011, Pp.A1-A63
4. K.C. Wheare –Federal Government 1947
5. R.C. Lahoti, Preamble, Eastern Book Co., Lucknow
6. Granvile Austin, The Indian Constitution: The Cornerstone Of Nation, Oxford University
Press
7. H.M. Seervai, Constitutional Law Of India, Universal Law Publishing Co. Pvt. Ltd., New
Delhi, 2006, Chapter 4 And 5, Pp.277-303
8. M.V. Paylee, Our Constitution, Government And Politics, Universal Law Publishing Co.
Pvt. Ltd., New Delhi, 2002
Select Case Laws

1. I.C. Golaknath V. State Of Punjab Air 1967 SC 1643 [Preamble- Effect On Power To
Amend Constitution Under A. 368]
2. Keshavanandabharati V State Of Kerala, Air 1973 SC 1461 [Constitution Federal And
Not Unitary; Preamble- It Is A Part Of The Constitution]
3. Indira Nehru Gandhi V Raj Narain, Air 1975 SC 2299
4. Minerva Mills Ltd V Union Of India, Air 1980 SC 1789
5. S.R. Bommai V Union Of India Air 1994 SC 1918
6. MpGopalakrishnan Nair V State Of Kerala Air 2005 SC 2053
7. Ashoka Kumar Thakkur V. Union Of India (2008) 6 SCC I
8. Indira Sawhanay Ii V. Union Of India (2000) 1 SCC 168 [Equality- Basic Feature Of
The Constitution]
9. D.S. Nakara V. Union Of India (1983)1 SCC 305 [Preamble:”Socialist”-Meaning]
10. S.R. Bommai V. Union Of India (1996) 3 SCC 545 [Secularism Is A Part Of Basic
Feature Of The Constitution]
11. M. Nagraj V. Union Of India 1994 Supp (1) SCC 324 [Preamble, Social Justice-
Nature & Scope]
12. State Of Bombay V. R.M.D. Chamarbagwala [1957] SCR 874
13. Rajasthan State Electricity Board V. MohanlalAndOrs. Air 1967 SC 1857
14. Sukhdev Singh &Ors. V. Bhagatramsardarraghuvanshi&Anr. Air 1975 SC 1331
15. Ramanadayaram Shetty V. The International Airport Authority Of India &Ors. Air
1979 SC 1628
16. Ajay HasiaAndOrs. V. Khalid MujibsehravardiAndOrs. Air 1981 SC 487
17. Kihotohollohan V. Zachilhu Air 1993 SC 412
18. Pradeep Kumar Biswas V. Indian Institute Of Chemical Biology And Ors. Air 2002
SC 1963; (2002) 5 SCC 11
19. Maneka Gandhi V. Union Of India (1978) 1 SCC 248
20. Keshavanmadhavan Menon V. State Of Bombay Air 1951 SC 128 [Fundamental
Rights Have No Retrospective Effect]
21. Basheshwarnath V. Commissioner Of Income Tax Air 1959 SC 49 [Fundamental
Rights Can’t Be Waived]
22. Keshavanandabharati V State Of Kerala, (1973) 4 SCC 225
23. Shayarabano V. Union Of India (2017) 9 SCC 1.
24. State Of Madras V. Champakamdorairajan Air 1951 SC 226
25. MrBalaji V State Of Mysore Air 1963 SC 649
26. State Of Kerala V. N.M. Thomas (1976) 2 SCC 310
27. Indira Sawhney I V. Union Of India 1992 Supp. 2 SCR 454
28. Unnikrishan V. State Of A.P. (1993) 1 SCC 645
29. Indira Sawhney Ii V. Union Of India Air 2000 SC 666
30. T.M.A. Paifoundation V. State Of Karnataka (2002) 8 SCC 481
31. Islamicacademy, Education V. State Of Karnataka (2003) 6 SCC 697
32. P.A. Inamdar V. State Of Maharashtra Air 2005 SC 3226
33. M. Nagraj V. Union Of India Air 2007 SC 71
34. Ashok Kumar Thakkur V. Union Of India (2008) 6 SCC I
35. Surajbhanmeena V. State Of Rajasthan (2011) 1 SCC 467
36. National Legal Services Authority V. Union Of India, Manu/SC/0309/2014
37. Suresh Kumar Koushal V. Naz Foundation, Supreme Court Decided On 11 December 2013.
38. Romeshthapper V State Of Maharastra Air 1950 SC 124
39. Brijbhushan V St Of Delhi Air 1950 SC 129
40. Bennet Coleman Co V Uoi Air 1973 SC 106
41. Tata Press Ltd V Tnl Air 1995 SC 2438
42. Express Newspaper (P) Ltd V Uoi Air 1986 SC 872
43. R Rajgopal V St Of Tn Air 1995 SC 264
44. Secretary, Ministry Of Information And Broadcasting, Govt. Of India And Others V Cricket
Association Of Bengal And Others Air 1995 SC 1236
45. Bijoe Emmanuel AndOrs. V StaeOf Kerala AndOrs. Air 1987 SC 748
46. A K Gopalan V State Of Madras Air 1950 SC 27
47. Kharak Singh V State Of Up Air 1963 SC 1295
48. Maneka Gandhi V Union Of India Air 1978 SC 597
49. M.H. Haskot V State Of Maharastra, Air 1978 SC 1548
50. Sunil Batra V Delhi Administration Air 1978 SC 1675
51. Hussainarakhatoon V Home Secretary Bihar Air 1979 SC 1360
52. Prem Shankar Shukla Air 1980 SC 1535
53. Francis Coralie V Uoi Air 1981 SC 746
54. People Union For Democratic Republic V UOI Air 1982 SC 1473
55. A K Roy V Union Of India Air 1982 SC 710
56. Rudalsah V State Of Bihar Air 1983 SC 1086
57. Saheli V Commissioner Of Police Air 1990 SC 513
58. Olga Tellis V Bombay Municipal Corporation Air 1986 SC 180
59. Gian Kaur V St Of Panjab Air 1996 SC 946
60. Mr X V Hospital Z Air 1999 SC 495
61. State Of Himachal Pradesh V Raja Mahendra Pal Air 1999 SC 1786
62. Shri Bodhisattwagautam V Miss Subhra Chakraborty Air 1996 SC 922
63. The Chairman, Railway Board &Ors. V Mrs. Chandrima Das &Ors. Air 2000 SC 988
64. Justice K.S. Puttaswamy V. Union Of India (2017) 10 SCC 1
65. Common Cause V. Union Of India, Wp (C) 215 Of 2005.
66. Church Of God (Full Gospel) In IndiavKkr Majestic Colony Welfare Assn Air 2000 SC 2773
67. T.M.A Pai Foundation V State Of Karnataka, (2002) 8 SCC 481
68. Islamic Academy OfEdn V State Of Karnataka (2003) 6 SCC 697
69. [Link] V State Of Maharashtra (2005) 6 SCC 537
70. Prafullgoradia V Union Of India (Uoi) And Ors. (2008) 6 SCC
71. Mohdhanifquareshi V State Of Bihar Air 1958 SC 731
72. Minerva Mills Ltd V Union India Air 1980 SC 1789
73. Saralamugdal V Union Of India (1995) 3 SCC 635
74. State Of Tamil Nadu V Abu Kamer Bai Air 1984 SC 626
75. Ir Coelho V State Of T.N. Air 2007 SC 861
76. State Of Gujarat [Link], (2005) 8 SCC 534
 77. Sankari Prasad Singh V. Union Of India, Air 1951 SC 458
78. Sajjan Singh V. State Of Rajasthan, (1965) 1 SCR 933
79. Golak [Link] Punjab, (1967) 2 SCR 762
80. Kesavanandabharati V. State Of Kerala, Air 1973 SC 1461
81. Indira Nehru Gandhi V. Raj Narain, Air 1975 SCC 2299
82. Minerva Mills Ltd. V. Union Of India (1980) 3 SCC 625
83. L. Chandra Kumar V. Union Of India (1997) 3 SCC 261

Note: The Above List Is Illustrative And Not Exhaustive. The Updated Case Laws Will Be
Discussed.
 LAW OF CONTRACT- I

COURSE: LAW OF CONTRACT - I SEMESTER II

PAPER CODE: : BBL205 L. T. P. 4-1-0 CREDITS-4

SYLLABUS
Unit - I 10

Formation of Contract:

Basics of Contract law: Definition and characteristics of contract, Nature and Types ; Major Definitions
under Indian Contract Act, 1872: Agreement, promise, Kinds of contract-express, implied, void, voidable,
illegal, Unenforceable contract, standard form of contract; Definition of Agreement; Formation of an
Agreement, Intention to Create Legal Relationship, Offer and acceptance, proposal or offer, invitation to
offer, What agreements are Contracts; Difference between Agreement and contract- Their various forms,
Essential Elements; Communication. Revocation of offer, Mode of Revocation of Offer.

Unit - II 13

Proposal, Acceptance & Consideration:

Proposal: Definition, its kinds,characteristics,elements of communication, revocation and

[Link]:Definition,modes, characteristics, communication and revocation.; Revocation of
Acceptance, Mode of Revocation of Acceptance Definition, Tenders/ Auctions, Standard form of
contracts; government contract: Formation & Constitution provision vis–a vis government
[Link]: Meaning and Nature of Consideration – nudumpactum, Privity of Consideration;
agreements without consideration, insufficiency of consideration, illegal consideration; Doctrine of
Privity of Contract and of Consideration- Its Exceptions: Position in England, Position in India
;Forbearance to sue is consideration; Exceptions of consideration; Adequacy of Consideration; Unlawful
Consideration and its Effect.

Unit - III 13

Capacity To Contract & Free Consent:

Capacity to contract: Position of a minor for agreements. Definition of a minor. What is the nature of
minor’scontract. The estoppel against minor.; Doctrine of Restitution under English law and
Compensation by minor under Indian law; Minor’s liability for necessaries; Effects of minors agreement,
Persons disqualified by Law, Liability for Necessaries Supplied to the Minor; Beneficial contract of
Service and apprenticeship:Position in England, Position in India .Position of person of unsound mind.
Nature of contract by a person of unsound mind persons deprived of the capacity to contract. Agreement
for necessaries. Position under various acts- Indian Contract Act, 1872; Specific Relief Act, 1963; Indian
Majority Act, 1875.

Free Consent:

Essentials of a free consent. Meaning, Elements rendering consent not free. Legal Disability to Enter into
Contract, Coercion- Duress under English law, threat to property is not duress; Undue influence- Unfair
advantage of- Real of apparent authority, Fiduciary relation, Person in mental or bodily distress;
Misrepresentation- Difference from Fraud, voidable agreement contract; Fraud, mere silence is not fraud,
duty to speak (Uberriama Fides); Mistake- Absence of contract/ no consensus ad idem; Mistake of both
the parties, mistake of fact, mistake as essential to the agreement, mistake to title, mistake as to identity of
parties, mistake as to promise; Effect on Contracts influenced by any factor Vitiating Free Consent

Unit IV 10

Void Agreements & Contingent Contracts:

Legality of Object, Void and Voidable Agreements, Agreements against Public Policy, Agreements with
Unlawful Consideration, Agreements without Consideration; Agreements in Restraint of Marriage,
Agreements in Restraint of Trade, Agreements in Restraint of Legal Proceedings, Ambiguous and
Uncertain agreements, Wagering Agreements – Its exceptions like, Contingent Contracts, Contingent
contract: Distinction between wagering contract and contingent contract.

Unit V 13

Performance of Contract & Quasi-

Contracts: Performance of Contract: Offer of performance or tender, Essentials of a valid tender, Joint
promisors and nature of their liability, Effect of release of a joint promisor, Inability of a promisor to
contribute, Time and place of performance, Effect of failure to perform the contract in time, Reciprocal
promise and Alternative promises.

Quasi – Contracts: Concept and Classification,Claims for necessaries supplied to a person incompetent to
contract, Reimbursement of money paid, due by another; Responsibility of finder of goods , Liability of
person getting benefit under mistake or coercion.

Unit VI 13

Discharge of Contract, Remedies for Breach of Contract & Specific Relief Act, 1963:

Discharge from liability to perform: Impossibility, Anticipatory Breach of contract, Discharge of contract
by Breach, Tender of performance,joint rights and joint liabilities of parties, Time, place and manner of
performance of reciprocal promises, novation, accord and satisfaction, Limitations on Freedom of
Contract; Discharge of a Contract by Performance, Discharge by Novation – Remission, Accord and
Satisfaction; Appropriation of Payments, Discharge by Impossibility of Performance - Doctrine of
Frustration, Discharge by Breach - Anticipatory Breach - Actual breach; Remedies for breach of
Contract,compensation, remoteness of damages, Remedies for Breach of Contract and Damages,
Ascertainment/ Measurement of Damages, Types of Damages and Remoteness of damages, Principle of
Quantum Meruit.

Specific Relief Act

Recovering possession of property, Specific Performanceof contract, Ratification of instruments and

Rescission of contracts, Injunctions Declaratory Decrees/ Declaratory Relief,Preventive Relief or
instruments,Cancellation of Instruments.

Acts and Statues (As Amended)

Bare Act: Indian Contract Act, 1872

Text books:

1. J. Beatson, Anson’s law of contract, clarendon press, oxford, (28th edn. -2002).
2. Dr. Avtarsingh, law of contract, EBC, Lucknow (9th edn. – 2005)
3. Nilimabhadbhade (ed.), Mulla, Indian contract act and specific reliefs, Butterworth’Sindia, New
Delhi, Vol. I & ii, (12th edn.- 2001)
4. Chitty on contracts, Sweet &Maxwell, London, vol. I & ii, (28thedn. – 1999).
5. A. C. Moitra, law of contract and specific relief, universal law publishing co.(5th edn. -2005)
6. M. Krishnan Nair, law of contracts, orient Longman, Hyderabad, (5th edn. – 1996)

Reference books

1. Mckendrick, Ewan, Contract Law, Text, Cases and Materials, 2nd edn., Oxford University Press,
2005.
2. Setalvad, M.C., The Common Law in India, Stevens and Sons Ltd., 1960. Buckley, F.H., The Fall
and Rise of Freedom of Contract, Duke University Press, 1999.

Select case laws

1. Balfour vs. Balfour (King’s Bench-1919)

2. Carlill vs. Carbolic Smoke Ball Co (Court of Appeal-1892)
3. Lalman Shukla vs. Gauridutt(Allahabad High Court-1913)
4. Mohoribibeevs. Dharmodasghose(Privy Council-1903)
5. Nash vs. Inman (King’s Bench-1908)
6. Chinnaya vs. Ramayya (Madras High Court-1882)
7. Rose & Frank Co vs. J R Compton & Bros Ltd (Court of Appeal-1924)
8. Kedarnathvs. Gorie Mohammad (Calcutta High Court-1886)
9. Damodarmurlidhar vs. Secretary of State of India (Madras High Court-1895)
10. Dunlop Pneumatic Tyre Co Ltd vs. Selfridge & Co (House of Lords-1915)
11. Hadley vs. Baxendale (Court of Exchequer-1854)
12. Philips vs. Brooks (King’s Bench-1919)
13. Dickinson vs. Dodds (Court of Appeal Chancery Division)
 14. Chappell& Co. Ltd. Vs. Nestle & co. Ltd (House of Lords-1959)

Note: The above list is illustrative and not exhaustive. The updated case laws will be discussed.
 PRINCIPLE OF ECONOMICS - II (MACRO)
COURSE: PRINCIPLE OF ECONOMICS – II (MACRO) SEMESTER II

PAPER CODE: : BBL206 L. T. P. 4- 1-0 CREDITS-4

SYLLABUS
UNIT I 14

Basic Concepts of Macro Economics

Nature and Definition of Macro Economics; Scope, Importance and Limitations.

UNIT II 14

National Income Accounting

National Income Accounting: concepts, Definition, Significance, Circular Flow of National Income:
Income determination in two three and four sector of economy; Methods of Calculating National income,
Problems in measurements of National Income.

UNIT III 14

Money

Meaning, definition and functions of money Stocks of Money (M1, M2, M3 and M4) Credit creation by
Commercial Banks

UNIT IV 15

Inflation and Business Cycle

Meaning of Inflation, Deflation, Stagflation Causes of inflation

Measures to Control Inflation

Meaning, Characteristics and phases of business cycle

UNIT V 15

Government Policies

Monetary policy: Meaning, Objectives and Tools Fiscal policy: Meaning, Objectives and Tools

Balance of Payments: Meaning, Structure, Causes of Disequilibrium and Methods of Correcting

Disequilibrium.
Text Book:

Ahuja H.L. – Macro Economics: Theory and Policy, S. Chand & Co. Ltd. New Delhi.2006

Reference Books:

 Gupta S.B. – Monetary Economics, S. Chand & Co. Ltd. New Delhi.2002
 Shapiro E. – Macro Economic Analysis, Galgotia Publications, New Delhi. 1996 5thEd.
 Jhingan M. L. – Macro Economic Theory: Vrinda Publications, New Delhi. 2006
 William Branson – Macro Economics: Theory and Policy.1988 2nd Edn.

Website:

[Link]

Note: Latest editions of all the suggested readings may be used.