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IGNOU MS-03 - Economic and Social Environment

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Economic and Social Environment

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IGNOU MS-03 Code Details

  • University IGNOU (Indira Gandhi National Open University)
  • Title Economic and Social Environment
  • Language(s)
  • Code MS-03
  • Subject Economics
  • Degree(s) MBA (MS)
  • Course Core Courses (CC)

IGNOU MS-03 English Topics Covered

Block 1 - Economic and Social Environment

  • Unit 1 - Economic Environment of Business
  • Unit 2 - Socio-cultural and Politico-legal Environment
  • Unit 3 - Changing Role of Government

Block 2 - Structure of the Indian Economy

  • Unit 1 - Structural Dimensions of Indian Economy
  • Unit 2 - Structure of Indian Industry
  • Unit 3 - Public Sector in India
  • Unit 4 - Private Sector in India
  • Unit 5 - Small Scale Industry in India
  • Unit 6 - Sickness in Indian Industry

Block 3 - Planning and Policies

  • Unit 1 - Planning Goals and Strategies
  • Unit 2 - Evolution of Industrial Policy
  • Unit 3 - Regulatory and Promotional Policy

Block 4 - External Sector

  • Unit 1 - India’s Foreign Trade
  • Unit 2 - India’s Balance of Payments
  • Unit 3 - India’s Export-Import Policy
  • Unit 4 - Foreign Capital and Collaborations
  • Unit 5 - India’s External Debt

Block 5 - Economic Reforms Since 1991

  • Unit 1 - Industrial Policy of 1991
  • Unit 2 - Economic Reforms : Liberalisation, Globalisation and Privatisation
  • Unit 3 - Financial Sector Reforms
  • Unit 4 - Fiscal Sector Reforms
  • Unit 5 - Economic Reforms and Social Justice
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IGNOU MS-03 (January 2024 - July 2024) Assignment Questions

1. “Issues related to protection of the environment and ecology have received world-wide attention not only in developed countries but also in the developing countries.” In light of the above statement discuss the evolution of environment movement in India. 2. Briefly discuss the significant features of Export-Import policies in the 90s era. 3. Elaborate Nehru-Mahalanobis Model of Growth, one of the major strategies adopted in India from the second five-year plan. 4. “Any activity owned, controlled and managed by the government (Central, State and Local) comes under public sector.” Explain the objectives and scope of public sector in India. 5. Explain the concept of money and kinds of money, also discuss its broad functions. 6. Write short notes on the following:
  • Globalization
  • Industrial Sickness
  • Monopolies and Restrictive Trade Practices (MRTP) Commission
  • Merits of Foreign Capital

IGNOU MS-03 (January 2023 - July 2023) Assignment Questions

1. (a) Examine the interaction between Economic Environment and Business Management. (b) Discuss the relationship between economic and non-economic factors with the help of interaction matrix, giving examples. 2. What is the rationale for private sector development? Critically examine the problems and prospects of privatization. 3. Discuss the merits and demerits of currency convertibility for a developing economy. 4. (a) Briefly discuss the significance and need for financial reforms. (b) What reforms have taken place in the small scale sector? Discuss with examples. 5. Examine the impact of economic reforms on growth rate of GDP and FDI. 6. Write short notes: (a) Public Sector in the present scenario (b) Economic Development (c) Importance of Balance of Payments (d) Role of Government.
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