My Cart
Toggle Nav
Search
Menu
Account

Business Economics- B.Com-Semester -III (Mithani)

Be the first to review this product
₹190.00
main product photo

INTRODUCTION

  • ●  Macroeconomics : Meaning, Scope and Importance.

  • ●  Circular flow of aggregate income and expenditure and its Importance- closed

    and open economy models.

  • ●  The Measurement of National Product : Meaning and Importance of National

    Income Accounting- conventional and Green GNP and NNP concepts -National

    Income and Economic Welfare.

  • ●  Trade Cycles : Features and Phases.

  • ●  Classical Macro economics : Say’s law of Markets – Features, Implications

    and Criticism.

2.

3.

BASIC CONCEPTS OF KEYNESIAN ECONOMICS

  • ●  The Principle of Effective Demand : Aggregate Demand and Aggregate Supply.

  • ●  Consumption Function : Properties, Assumptions and Implications.

  • ●  Investment function and Marginal Efficiency of capital

  • ●  Investment Multiplier effect on Income and Output : Assumptions, Working,

    Leakages, Criticism and Importance - paradox of thrift.

  • ●  Relevance of Keynesian theory tools to the developing countries

POST KEYNESIAN DEVELOPMENTS IN MACRO ECONOMICS

  • ●  The IS-LM model of integration of commodity and money markets.

  • ●  Inflation and unemployment : Philips curve.

  • ●  Stagflation : Meaning, Causes, and Consequences.

  • ●  Supply side economics : Basic propositions and critical appraisal

  • MONEY, PRICES AND INFLATION

    • ●  Money Supply : Determinants of Money Supply - Factors influencing Velocity of Circulation of Money.

    • ●  Demand for Money : Classical and Keynesian approaches and Keynes’ liquidity preference theory of interest - Friedman’s restatement of Demand for money.

    • ●  Money and prices : Quantity theory of money - Fisher’s equation of exchange -

      Cambridge cash balance approach.

    • ●  Inflation : Demand Pull Inflation and Cost Push Inflation - Effects of Inflation-

      Nature of inflation in a developing economy - policy measures to curb inflation- monetary policy and inflation targeting.

More Information
Exam S.Y.B.Com.