Unit 1 [Book] | |
Nature and Scope of Macro Economics, Macro-economic Variables, National income, Employment, Savings and Investments | VIEW |
Circular flow of Money | VIEW |
National Income, Usefulness and Significance | VIEW |
National Income Different Concepts: | |
Gross Domestic Product (GDP) | VIEW |
Net National Product (NNP) | VIEW |
Gross National Income (GNI) | VIEW |
Net National Income (NNI) | VIEW |
National Income at Market Price and Constant Price | VIEW |
Measurement of National Income in India, Limitations and Challenges of National Income | VIEW |
The Keynesian Theory of Determination of National Income in Two Sector Model, Three Sector Model, and Four Sector Model | VIEW |
Unit 2 [Book] | |
Macro-Economic Theory, Classical theory of Output and Employment Say’s Law of Market, Keynes Criticism of Classical theory | VIEW |
Principle of Effective Demand; Aggregate Demand and Aggregate Supply | VIEW |
Consumption function, Attributes of Consumption Function, Propensity to Consume, Significance of Consumption Function | VIEW |
Concept of Savings, Determinants of Savings, Saving Function | VIEW |
Concept of Multiplier, Functioning of Multiplier, Assumption of Multiplier theory, Leakages and Shortcomings of Multiplier Theory | VIEW |
Acceleration principle | VIEW |
Investment, Investment Function, Determinants of Business Fixed Investment, Effect of Tax Determinants of Residential Investment, and Inventory investment | VIEW |
Unit 3 [Book] | |
Business Cycle Concept, Phases, Causes and Remedies | VIEW |
Inflation concept, Types, Determinants, Remedial Measures | VIEW |
Recessionary Trends, its effect on Different Sectors of Economy and Remedial Measures | VIEW |
Reflation Concept, Characteristics, Measures and Implications | VIEW |
Unit 4 [Book] | |
Value of Money, Theories, Quantity Theory of Money (Fisher’s Transactions approach) | VIEW |
Cambridge equation | VIEW |
Keynesian Theory of Demand for Money, Baumol-Tobin Transaction approach, Tobin’s Portfolio Balance approach, Criticism | VIEW |
Demonetization Concept and its implications on Economic Development | VIEW |
Monetary Policy | VIEW |
Fiscal Policy | VIEW |
IS-LM functions | VIEW |