Macroeconomics Syllabus B.Com 2nd Sem Hons CBCS Pattern
[Dibrugarh University BCOM Syllabus]
B.Com.
(Hons.): (CBCS)
Semester
- II
Paper
– G 202: MACRO ECONOMICS
Lectures:
60 Tutorials: 5
Full
Marks: 100 (Internal Assessment 20 + 80 End-Term)
Objectives:
The course aims at
providing the student with knowledge of basic concepts of the macro economics.
The modern tools of macro-economic analysis are discussed and the policy
framework is elaborated, including the open economy.
Contents:
Unit
1: Introduction 4 L + 1 T Marks: 08
Concepts and variables of
macroeconomics, income, expenditure and the circular flow, components of
expenditure. Static macroeconomic analysis short and the long run
–determination of supply, determination of demand, and conditions of
equilibrium.
Unit
2: Economy in the short run 19
L+ 1 T Marks:
20
IS–LM framework, fiscal and monetary
policy, determination of aggregate demand, shifts in aggregate demand,
aggregate supply in the short and long run, and aggregate demand- aggregate
supply analysis.
Unit
3: Inflation, Unemployment and Labour market 19L+1T
Marks: 20
Inflation: Causes of rising and
falling inflation, inflation and interest rates, social costs of inflation;
Unemployment – natural rate of unemployment, frictional and wait unemployment.
Labour market and its interaction with production system; Phillips curve, the
trade-off between inflation and unemployment, sacrifice ratio, role of
expectations adaptive and rational.
Unit
4: Open economy 12 L+ 1 T Marks: 18
Open economy – flows of goods and
capital, saving and investment in a small and a large open economy, exchange
rates, Mundell – Fleming model with fixed and flexible prices in a small open
economy with fixed and with flexible exchange rates, interest-rate
differentials case of a large economy.
Unit
V: Behavioral Foundations - Investment
and Money 6 L
+ 1 T Marks:
14
Behavioral Foundations- Investment
–determinants of business fixed investment, effect of tax, determinants of
residential investment and inventory investment. Demand for Money – Portfolio
and transactions theories of demand for real balances, interest and income elasticity’s
of demand for real balances. Supply of money.
Also Read:
MacroEconomics Important Questions with Notes for Upcoming Exams
Macro Economics Question Papers
Suggested
Readings:
1) Mankiw, N. Gregory. Principles of Macroeconomics. Cengage Learning.
2) Robert J Gordon, Macroeconomics, Pearson Education.
3) Branson, William H. Macroeconomic Theory and Policy.
HarperCollins India Pvt.Ltd.
4) Rudiger Dorn busch and Stanley
Fischer, Macroeconomics. McGraw-Hill Education.
5) Rudiger Dorn busch, Stanley Fischer,
and Richard Startz, Macroeconomics. McGraw-Hill
Education
6) Oliver J. Blanchard, Macroeconomics, Pearson Education
7) G. S. Gupta, Macroeconomics: Theory and Applications, McGraw-Hill Education
8)
Shapiro,
Macro economic Analysis,
9)
Paul
A Samuelson, William D Nordhaus, and Sudip Chaudhuri, Macro economic,
10) McGraw-Hill Education
11) S N Singh, Samasthi Arthasastra, Pearson
Education.
(Note:
Latest edition of text books may be used.)
Post a Comment
Kindly give your valuable feedback to improve this website.