-                                                                                                                                                                                                                                                                                                                         
                                               
                                               
                                               
                                               
                                               
                                                                                             CENTRAL UNIVERSITY OF TAMIL NADU 
                                               
                                                                                                             DETAILED SYLLABI AND CURRICULUM 
                                                                                                                                                                                                               OF 
                                                                                                                                    the Post Graduate Programmes 
                                                                                                                                                                                                                  in 
                                                                            General Economics / Financial Economics/ Actuarial 
                                                               Economics/ Applied Quantitative Finance/ Environmental 
                                                                                                                                                                                           Economics 
                                                                                                                                                                                                    offered 
                                                                                                                                                                                                                  at 
                                                                                                              MADRAS SCHOOL OF ECONOMICS 
                                               
                                               
                                               
                                               
                                               
                                               
                                                                                                                                                                                         February 2020 
                                                                                                                                                                                                                                                                                                                                                                                    1 
                                           General Economics -  Core Courses 
                
                
                                                   Microeconomics I 
                                                   Macroeconomics I 
                         First Semester 
                                                   Mathematical Statistics 
                                                   Mathematical Methods 
                                                   Microeconomics II 
                                                   Macroeconomics II 
                        Second Semester 
                                                   Econometric Methods 
                                                   Public Economics 
                                                   Elective 1 
                                                   Applied Microeconometrics 
                                                   Development Economics 
                  
                         Third Semester            Elective 2 
                                                   Elective 3 
                                                   Elective 4 
                                                   Institutional Economics 
                                                   Indian Economic Development 
                        Fourth Semester 
                                                   Elective 5         Dissertation instead of electives 5 & 
                                                                                6 worth 8 credits 
                                                   Elective 6 
                
                                          Financial Economics - Core Courses 
                
                
                                                   Microeconomics I 
                                                   Macroeconomics I 
                         First Semester 
                                                   Mathematical Statistics 
                                                   Mathematical Methods 
                                                   Financial Mathematics 
                                                   Microeconomics II 
                        Second Semester 
                                                   Econometric Methods 
                                                   Financial Economics  
                                                   Elective 1 
                                                   Applied Macro and Financial Econometrics 
                                                   Financial Derivatives and Corporate Finance  
                  
                         Third Semester            Elective 2 
                                                   Elective 3 
                                                   Elective 4 
                                                   International Finance 
                                                   Risk Management - Theory & Practice 
                        Fourth Semester 
                                                   Elective 5         Dissertation instead of electives 5& 
                                                                                6 worth 8 credits 
                                                   Elective 6 
                                                                                                                          2 
                                                Actuarial Economics - Core Courses 
                
                                                    Microeconomics I 
                                                    Macroeconomics I 
                          First Semester 
                                                    Mathematical Statistics 
                                                    Mathematical Methods 
                                                    Financial Mathematics 
                                                    Actuarial Mathematics 
                                 Second 
                                                    Econometric Methods 
                                 Semester 
                                                    Financial Economics  
                                                    Elective 1 
                                                    Applied Microeconometrics 
                                                    Economics of Insurance I 
                  
                         Third Semester             Elective 2 
                                                    Elective 3 
                                                    Elective 4 
                                                    Economics of Insurance II 
                                                    Finance and Financial Reporting 
                                 Fourth 
                                                                         Dissertation instead of electives 5 & 6 
                                                    Elective 5 
                                 Semester 
                                                                                     worth 8 credits 
                                                    Elective 6 
                                           
                                          Applied Quantitative Finance -  Core Courses 
                
                                                    Microeconomics I 
                                                    Macroeconomics I 
                          First Semester 
                                                    Mathematical Statistics 
                                                    Mathematical Methods 
                                                    Microeconomics II 
                                                    Econometric Methods 
                                Second 
                                                    Financial Mathematics 
                                Semester 
                                                    Financial Economics I 
                                                    Elective 1 
                                                    Applied Macro and Financial Econometrics 
                                                    Risk Analysis and Management 
                  
                         Third Semester             Elective 2 
                                                    Elective 3 
                                                    Elective 4 
                                                    Financial Instruments and Markets 
                  
                                                    Interest Rate Calculation and Option Pricing 
                  
                                                                           Dissertation instead of electives 5 
                                                    Elective 5 
                                 Fourth Semester 
                                                                                   & 6 worth 8 credits 
                                                    Elective 6 
                                                                                                                          3 
                 
                                              Environmental Economics -  Core Courses 
                 
                 
                                                     Microeconomics I 
                                                     Macroeconomics I 
                          First Semester 
                                                     Mathematical Statistics 
                                                     Mathematical Methods 
                                                     Microeconomics II 
                                                     Econometric Methods 
                                   Second 
                                                     Environment- Economy Interactions in the 
                                   Semester 
                                                     Anthropocene  
                                                     Environmental and Resource Economics  
                                                     Elective 1 
                                                     Applied Microeconometrics  
                                                     Environmental Valuation  
                  
                          Third Semester             Elective 2 
                                                     Elective 3 
                                                     Elective 4 
                                                     Sustainable Development 
                  
                                                     Environmental Policy  
                  
                                                                            Dissertation instead of electives 5 
                                                     Elective 5 
                         Fourth Semester 
                                                                                    & 6 worth 8 credits 
                                                      Elective 6 
                                                                                                                            4