1.1 Functions of Money and its Evolution.
1.2 Demand for Money: Quantity Theory of Money (Fisher and Cambridge Versions).
1.3 Keynesian Theory of Demand for Money: Transaction, Precautionary, and Speculative Motives.
1.4 Money Supply: Measures of Money Supply (M1, M2, M3, M4).
2.1 Meaning, Types, and Causes of Inflation.
2.2 Phillips Curve: Relationship between Inflation and Unemployment.
2.3 Measures to Control Inflation.
2.4 Types of Unemployment: Frictional, Structural, Cyclical, and Seasonal.
3.1 Objectives and Tools of Fiscal Policy: Taxation, Public Expenditure, and Public Debt.
3.2 Objectives and Tools of Monetary Policy: Open Market Operations, CRR, SLR, Repo Rate, and Reverse Repo Rate.
3.3 Role of Fiscal and Monetary Policies in Stabilizing the Economy.
3.4 Limitations of Fiscal and Monetary Policies.
4.1 Theories of International Trade: Absolute and Comparative Advantage.
4.2 Balance of Payments: Current Account, Capital Account, and Financial Account.
4.3 Exchange Rate Systems: Fixed and Floating Exchange Rates.
4.4 Role of IMF and World Bank in Global Economic Stability.
1. Understanding of Monetary and Fiscal Policies
. 2. Analysis of Inflation and Unemployment.
3. Knowledge of Money and Banking Systems.
4. Insight into International Trade and Balance of Payments.
5. Application of Macro Economic Theories to Global Issues.
402400 BCOM Semester 4 Macro Economics 2 (NEP)
No Review found
