Course Outcome |
Learning and teaching strategies |
Assessment Strategies |
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On successful completion of this course, the student will be able to:
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Interactive Lectures, Discussion, Tutorials, Reading assignments, Team teaching
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Observation, Presentation, Report writing |
• Meaning, Definition, Nature, Scope,
• Importance and Limitations
• Types of Macro Economics-Macro Static,
• Macro Dynamic and Comparative Static. A concept of circular flow of Income.
• Assumptions, Determination of Full employment output,
• Says Law of Market: Equilibrium in commodity Market,
• Implications of Says Law of Market,
• Criticism of classical theory of employment.
• Aggregate Supply, Aggregate Demand,
• Effective Demand, Comparison between Classical and Keynesian contribution.
• Definition, Concepts, Methods of measuring National Income,
• Importance of national income,
• Difficulties in measuring National Income.
• Meaning, difference between growth and development,
• indicators of economic growth, role of economic and non-economic factors in economic development
• M.L. Seth ,Macro Economic Theory, Laxmi Narayan Agarwal, Agra
• M.C. Vaish ,Macro economic Theory –,WishwaPrakashan, New Delhi
• H.L.Ahuja, Macro Economic Theory, , S.Chand& Sons Publication, Delhi
• T. R Jain, B.D Majhi, Kartik Arora , Macroeconomics, VK Publications, New Delhi
• T. R Jain, O. P Khana, Macroeconomics Analysis and Policy, VK Publications, New Delhi
• Dipsey R.G and Cheystal, Principles of Economy, Oxford university Press
• Edward Shapiro ,Macro Economic Analysis , Galgotia Publication, Delhi
• Mithani. D.M, Money,Banking,International Trade and Public Finance., Himalayan Publication, New Delhi
• Mankiw, N. Gregory. Macro Economics. Macmillan.
• Oliver, Blanchard. Macro Economics, Pearson Education, LPE.