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Economics for Finance [1]

Paper Code: 
BCP-217
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Objectives:

  • To develop an understanding of the concepts and theories of Economics in the context of Finance and acquire the ability to address application oriented issues.

Course Outcomes (COs):

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

BCP-217

Economics for Finance
  • CO 73 Understand the basics of macro economics and measurement of national income.
  • CO 74 Explain public goods, externalities, and government interventions using economic theories 
  • CO 75 Understand how aggregate demand and aggregate supply interact to drive a free market economy
  • CO 76 Examine the importance and role of economic policies including fiscal policy, monetary policy and international trade policy.  
  • CO 77 Apply basic international trade concepts and policies including exchange rates and foreign direct investment.

Approach in teaching: Interactive Lectures, class Discussion, Tutorials Learning activities for the students: To give Assignments & Application based questions

 

Class test, Semester end examinations, Quiz, Solving Numerical problems in tutorials, Assignments, Class Presentation

 

 

9.00
Unit I: 
-
  • Determination of National Income: Macro Economic Aggregates and Measurement of National Income, The Keynesian Theory of Determination of National Income

 

9.00
Unit II: 
-
  • Public Finance: Fiscal functions: An Overview, Market Failure, Government Interventions to Correct Market Failure, Fiscal Policy

 

9.00
Unit III: 
-
  • The Money Market: The Concept of Money Demand: Important Theories of Demand for Money, The Concept of Money Supply, Monetary Policy

 

9.00
Unit IV: 
-
  • International Trade: Theories of International Trade, Trade Policy – The Instruments of Trade Policy, Trade Negotiations

 

9.00
Unit V: 
-
  • International Trade: Exchange Rates and its economic effects, International Capital Movements: Foreign Direct Investment

 

References: 

Study Material Published by ICAI

Academic Year: 
2020-2021 [2]

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Source URL: https://accountingtaxation.iisuniv.ac.in/courses/subjects/economics-finance-0

Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/economics-finance-0
[2] https://accountingtaxation.iisuniv.ac.in/academic-year/2020-2021