1. To explain the basic concepts and theories in Macroeconomics to the students.
2. To discuss in detail Macro-Economic policies and changes in various Macro Economic variables
Meaning, Definition, Nature, Scope, Importance and Limitations and Types of Macro Economics-Macro Static, Macro Dynamic and Comparative Static. A concept of circular flow of Income.
A study of complete classical model, Says Law, Criticism of classical theory.
Aggregate Supply, Aggregate Demand, Effective Demand, Comparison between Classical and Keynesian contribution..
Definition, Concepts, Components of National Income.Methods of measuring National Income, Computation of National Income, Difficulties in calculating National Income, Importance of National Income Analysis.
Meaning, difference, factors determining economic growth.
1.Macro Economic analysis - Edward Shapiro, Galgotia Publication, Delhi
2.Macro Economic theory - M.L. Seth, Laxmi Narayan Agarwal, Agra
3.Macro economic Theory – M.C. Vaish,Wishwa Prakashan, New Delhi
4.Macro Economic Theory, H.L.Ahuja, S.Chand & Sons Publication, Delhi
5.Dipsey R.G and Cheystal, Principles of economy, Oxford university Press