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MONETARY ECONOMICS
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Course Outcomes |
Learning and teaching strategies |
Assessment Strategies |
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On the completion of this course, the students will be able to : CO 216 Understand the meaning and importance of money and various other instruments used as near money. CO 217 To gain knowledge of various monetary standards and principles of note issue. CO 218 Comprehend various factors affecting the demand and supply of money in an economy. CO 219 Know about various quantity theories of money. CO 220 Build relevant theoretical and practical knowledge about monetary policy and its instruments used by the central bank. |
Lectures, Discussion, power point presentations. Self-learning assignments, group projects, Project reports, Seminar presentation,
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Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects |
• Meaning, Types, Functions,
• Importance and Evils of Money. Money and a Near Money
• Meaning and types, Importance of Monetary standard,
• Gresham’s Law, Principle and Methods of Issuing Notes in India.
• Factors affecting demand and supply of money.
• Supply of Money- Narrow Money and Broad Money.
• Velocity and Value of Money.
• Fisher , Cambridge, Keynesian and Friedman Approach
• Objectives, instruments of Monetary policy,
• Limitations of Monetary Policy ,Role of Monetary Policy in a developing economy.
• Current Monetary policy review.
• M.L.Seth, Monetary Economics- Educational Publishers, Agra
• M.L.Jhingan, Monetary Economics, Vrinda Publication (P) Ltd, Delhi
• T R Jain Money and Banking, V K Global Publication Pvt Ltd
• Tandon and Mathur Money and Banking Shivam Publication, Jaipur
• 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
