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Monetary Economics
Paper Code:
ATG 613
Credits:
3
Contact Hours:
45.00
Max. Marks:
100.00
Objective:
The objective of this course is to acquaint the students with various theories of money
9.00
Money: Meaning, Types, Functions, Importance and Evils of Money. Money and a Near Money
9.00
Monetary Standard: Meaning and types, Importance of Monetary standard, Gresham’s Law, Principle and Methods of Issuing Notes in India.
9.00
Demand and Supply of Money- Factors affecting demand and supply of money. Supply of Money- Narrow Money and Broad Money. Velocity and Value of Money
9.00
Quantity Theories of Money- Fisher , Cambridge, Keynesian and Friedman Approach
9.00
Monetary Policy- Objectives, instruments of Monetary policy, Limitations of Monetary Policy ,Role of Monetary Policy in a developing economy. Current Monetary policy review.
Essential Readings:
- M.L.Seth, Monetary Economics- Educational Publishers, Agra
- T.N.Hajela, Monetary Economics.,Konark Publishers Pvt. Ltd, Delhi
References:
- 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
Academic Year:
