Monetary Economics

Paper Code: 
COM 603
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to- The objective of this course is to acquaint the students with the concept of money and different monetary standards and also familiarize them with the various theories of money

Course Outcomes (COs):

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

COM  603

Monetary Economics

CO 205Understand the meaning and importance of money and various other instruments used as  near money.

CO 206To gain knowledge of various monetary standards and principles of note issue.

 

CO 207Comprehend various factors affecting the demand and supply of money in an economy.

 

CO 208Know about various quantity theories of money.

 

CO 209Build relevant theoretical and practical knowledge about monetary policy and its instruments used by the central bank .

 

Approach in teaching:

Lectures, Discussion, power point presentations .

 

Learning activities for the students:

Self learning assignments, , group projects, Project reports, Seminar presentation, Giving tasks

 

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

 

9.00
Unit I: 
Money

Meaning, Types, Functions, Importance and Evils of Money. Money and Near Money

9.00
Unit II: 
Monetary Standard

Meaning and types, Importance of Monetary standard. Principle and Methods of Issuing Notes in India.

9.00
Unit III: 
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
Unit IV: 
Theories of Money

Quantity, Cambridge Keynesian and Friendman theory of money

9.00
Unit V: 
Monetary Policy

Concept and Current Monetary policy review. credit control measures of monetary policy

References: 

• M.L.Seth, Monetary Economics- Educational Publishers, Agra
• 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

Academic Year: 
2020-2021
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