Monetary Economics

Paper Code: 
BSR 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.Seth, Monetary Economics- Educational Publishers, Agra
• T.N.Hajela, Monetary Economics.,Konark Publishers Pvt. Ltd, Delhi

Academic Year: 
2019-2020
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