Economic Analysis - II

Paper Code: 
ATG/ BSG/ FSG 223
Credits: 
6
Contact Hours: 
90.00
Max. Marks: 
100.00
Objective: 

To explain the advanced concepts of Macroeconomics and various   aspects of consumption, investment function, multiplier concept and business cycle

20.00
Unit I: 
Macro Economics-

 Meaning, Definition, Nature, Scope, Types of Macro Economics-Macro Static, Macro Dynamic and Comparative Static .

Says’s Law of market-Meaning assumption, explanation & criticism

20.00
Unit II: 
Classical theory of Employment :

 Meaning ,Type of unemployment, Assumption, Explanation of classical theory of employment & criticism

15.00
Unit III: 
Keynesian Theory of employment:

Introduction Assumption, Explanation , Criticism

25.00
Unit IV: 
Consumption function –

Meaning, Attributes, Factors of consumption function and Keynes Theory.

Investment functions: Meaning ,Investment, Types of investment, Marginal efficiency of Investment ,Relationship with Rate of Investment & Investment demand, Keynes Theory of investment.

10.00
Unit V: 
Multiplier –

Working of Multiplier, Assumptions of Multiplier, Leakages of Multiplier.

Accelerator- Meaning, Principles, Multiplier-Accelerator interaction

Essential Readings: 

Macro Economic analysis - Edward Shapiro, Galgotia Publication, Delhi

Macro Economic theory - M.L. Seth, Laxmi Narayan Agarwal, Agra

Macro economic Theory – M.C. Vaish,Wishwa Prakashan, New Delhi

Macro Economic Theory, H.L.Ahuja, S.Chand & Sons Publication, Delhi

 

 

 

 

 

 


Academic Year: 
2017-2018
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