The objective of this course is to acquaint the students with various theories of money
Money: Meaning, Types , Functions, Importance and Evils of Money. Money and a Near Money- comparison.
Monetary Standard: Meaning and types, Importance of Monetary standard. Principle and Methods of Issuing Notes in India.
Demand and supply of Money-
Factors affecting demand and supply of money. Supply of Money- Narrow Money and Broad Money. Velocity and Value of Money.
Theories of Money- Quantity, Cambridge and Keynesian.
Monetary Policy- concept and instruments of Monetary policy. Current Monetary policy review
• M.L.Seth, Monetary Economics- Educational Publishers, Agra
• T.N.Hajela, Monetary Economics.,Konark Publishers Pvt. Ltd, Delhi
• M.L.Jhingan, Money, Banking and International Trade,Vrinda Publication, Delhi
• S.B.Gupta, Monetary Economics.,S.Chand & Co, New Delhi
• MIthani.D.M, Money,Banking,International Trade and Public Finance., Himalayan Publication, New Delhi