Macro & Monetary Economics
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UGC-NET FOR LECTURESHIP & JRF IN ECONOMICS MACRO & MONETARY ECONOMICS – SCHEME OF LESSONS
SESSION–1:
•
CONCEPTS & MEASUREMENT OF NATIONAL INCOME
•
THE CIRCULAR FLOW OF INCOME & EXPENDITURE.
SESSION–2:
•
MAINSTREAM MACRO ECONOMICS: THE CLASSICAL SCHOOL, KEYNESIAN ECONOMICS, MONETARIST SCHOOL, THE NEW CALSSICAL SCHOOL, THE SUPPLY-SIDE ECONOMICS, THE REAL BUSINESS CYCLE SCHOOL & THE NEW KEYNESIAN ECONOMICS.
SESSION–3:
•
DEMAND FOR MONEY ANALYSIS: THE CLASSICAL, NEO-CLASSICAL, KEYNESIAN & POSTKEYNESIAN APPROACHES
•
POST-KEYNESIAN CONSUMPTION HYPOTHESES
•
MAJOR INVESTMENT THEORIES.
SESSION–4:
•
CONCEPT & FUNCTIONS OF MONEY
•
MONEY SUPPLY
•
MONETARY & LIQUIDITY AGGREGATES
•
HIGH POWERED MONEY & MONEY MULTIPLIER
•
INSIDE MONEY & OUTSIDE MONEY
•
CLASSICAL DICHOTOMY – NEUTRALITY & NON-NEUTRALITY OF MONEY
•
REAL BALANCE EFFECT.
SESSION–5:
•
INFLATION: TYPES & EFFECTS
•
PHILLIPS CURVE & ITS EXTENSIONS
•
INFLATION TARGETTING, FRIEDMAN’S RULE & COSTS OF INFLATION
•
SUPER MULTIPLIER
•
TRADE CYCLE MODELS.
SESSION–6:
•
IS-LM ANALYSIS IN A CLOSED & OPEN ECONOMY FRAMEWORKS & ITS IMPLICATIONS
SESSION–6:
•
MONEY MARKET & CAPITAL MARKET WITH SPECIAL REFERENCE TO INDIA
•
FUNCTIONS OF RBI
•
CREDIT CREATION & CREDIT CONTROL MEASURES
•
MONETARY POLICY IN FIXED & FLEXIBLE EXCHANGE RATE SYSTEMS.
2 SESSION–7:
•
STRUCTURE OF INDIAN FINANCIAL SYSTEM
•
RECENT TRENDS & PERFORMANCE OF THE BANKING SYSTEM IN INDIA.
SESSION–1:
•
CONCEPTS & MEASUREMENT OF NATIONAL INCOME
•
THE CIRCULAR FLOW OF INCOME & EXPENDITURE.
SESSION–2:
•
MAINSTREAM MACRO ECONOMICS: THE CLASSICAL SCHOOL, KEYNESIAN ECONOMICS, MONETARIST SCHOOL, THE NEW CALSSICAL SCHOOL, THE SUPPLY-SIDE ECONOMICS, THE REAL BUSINESS CYCLE SCHOOL & THE NEW KEYNESIAN ECONOMICS.
SESSION–3:
•
DEMAND FOR MONEY ANALYSIS: THE CLASSICAL, NEO-CLASSICAL, KEYNESIAN & POSTKEYNESIAN APPROACHES
•
POST-KEYNESIAN CONSUMPTION HYPOTHESES
•
MAJOR INVESTMENT THEORIES.
SESSION–4:
•
CONCEPT & FUNCTIONS OF MONEY
•
MONEY SUPPLY
•
MONETARY & LIQUIDITY AGGREGATES
•
HIGH POWERED MONEY & MONEY MULTIPLIER
•
INSIDE MONEY & OUTSIDE MONEY
•
CLASSICAL DICHOTOMY – NEUTRALITY & NON-NEUTRALITY OF MONEY
•
REAL BALANCE EFFECT.
SESSION–5:
•
INFLATION: TYPES & EFFECTS
•
PHILLIPS CURVE & ITS EXTENSIONS
•
INFLATION TARGETTING, FRIEDMAN’S RULE & COSTS OF INFLATION
•
SUPER MULTIPLIER
•
TRADE CYCLE MODELS.
SESSION–6:
•
IS-LM ANALYSIS IN A CLOSED & OPEN ECONOMY FRAMEWORKS & ITS IMPLICATIONS
SESSION–6:
•
MONEY MARKET & CAPITAL MARKET WITH SPECIAL REFERENCE TO INDIA
•
FUNCTIONS OF RBI
•
CREDIT CREATION & CREDIT CONTROL MEASURES
•
MONETARY POLICY IN FIXED & FLEXIBLE EXCHANGE RATE SYSTEMS.
2 SESSION–7:
•
STRUCTURE OF INDIAN FINANCIAL SYSTEM
•
RECENT TRENDS & PERFORMANCE OF THE BANKING SYSTEM IN INDIA.
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