Economics Notes for UGC NET

Module 1

1 Market for Lemons George Akertof

2. Reserve Army (Relative surplus population) Karl Marx

3 Diamond Water Paradox: Adam Smith

4. Theory of Innovation: Joseph Scumpeter

5 Unlimited Supply of Labour: Thomas Lewis

6. Asian Drama: Gunner Myrdal

7. Causality Test: Granger

8: Development as Freedom Amartya Sen

9 Globalisation and its Descontents Joseph Stiglitz

10. Gini Coefficient Inequality

11. Kuznet Curve Inequality and Development

12. The Stages of Growth: A non Communist Manifesto: Wait Rostow (1960)

13. Division of Labour-Increasing Returns Adam Smith

14. Principle of Population. Thomas Malthus

15. Political Economy and Taxation: David Ricardo

16. Das Capital Karl Marx

17 Rabo of Constant to Variable (CV) Organic Composition of Vanable

18. Rate of Surplus Value (S/V) Degree of Exploitation

19. Marx s Rate of Proft: /(v+c={s/v)(1+/c/v))

20. Crisis Theory or Realisation Crisis Karl Marx

21. Principle of Economics Alfred Marshall

22 Learning By Doing Kenneth Arrow (Capital Model)

23. Cumulative Causation: Gunner Myndal

24. Spread and Backwash Effect: Gunner Myrdal

25 Verdoorn's Law Growth of Output and Growth of Productivity

26 Big Push Theory Paul Rosenstain Rodan.

27. Critical Minimum Effort Harvey Lebenstein

28, Unbalanced Growth Hirschman

29. Backward and Forward Linkage Hirschman

30 Isolation Paradox: Sen and Marglin

31. Hedonic Price Method Value the Environment

32. Travel Cost Method Value the Eny by travel cost

33 Contigent Method Value Env by Survey

34 Brundtland Report Our Common Future

35 Kyoto Protocol Reduce Green House Gases (1997)

36. Absolute Income Hypothesis Keynes

37 Making Globalisation Work Joseph Stiglitz

38. Law of Comparative Advantage: Ricardo

39 immiserising Growth: Jagdish Bhagavati

40. New Trade Theory: Paul Krugman

41, EPxVx-Vx/Vx Effective Protection

42 WTO 1005

43. GATT 1947

44 The Kennedy Round 1964/67

45. Tokyo Round 197379

46: Uruguay Round 1986/93

47 Doha Round 2001/09

48 Washington Consensus John Williamson

51.Net Barter TOT F.W. Taussing

50. Commodity TOT Jacob Vinner

51. Dual Decision Hypothesis: Robert W. Clower

52. Limit Pricing Theory Bain

53. Natural Fate of Unemployment: Miton Friedman and Edmund Photos

80. Durbin Watson Autocorrelation

81. Multiple Effect of Balanced Budget Trygve Haavelomo

82. Permanent Income Hypotheses Miloton Friedman

83. Absolute Income Hypothesis JM Keynes

84. Relative Income Hypothesis Paul Duesenberry

85. Life Cycle Hypothesis Modigliani

86. Rational Expectation Robert Lucas

87. Robert Lucas New Classical Economics

88. Paul Romer Endogenous Growth

89. Benefit Theory of Taxation Lindhal and Wickshall

90. The Time Sones Creana: A.K. Son

91. The Marginal Per Capita Reinvestment Criteria Galenstain and Laibenstain

92. Marginal Growth Contributon Critena: Otto Eckstain

93. Social Marginal Productivity Criteria Kahn and Chenery

94. Rolling Plan 1078-80 (6th Plan)

95 Plan Holiday 1900-60

96 Harmonised System of Nomenclature (HSN): GST CODE (2, 4, 8 Digits)

97. SAC Service Accounting Cost

98. Snob Effect: The effect of not losing status attitude of Elite Class

99. Veblen Effect: Higher Price Higher Quality Belief

100 Argumentative Indian: Amartya Sen

101 Trickle Down Theory