3 Review(s)

Introduction to Macroeconomics:Overview of macroeconomic concepts and principles.Understanding the role of government policy in influencing aggregate economic variables such as national income, employment, and inflation.National Income Accounting:Studying methods of measuring national income and output, including GDP, GNP, and NNP.Understanding the circular flow of income and expenditure in the economy.Income Determination:Exploring the Keynesian theory of income determination.Analyzing the consumption function, saving function, investment function, and equilibrium level of income.Money and Banking:Introduction to money, its functions, and measures of money supply.Studying the banking system, including commercial banks, central banks, and functions of money.Monetary Policy:Understanding the objectives, tools, and implementation of monetary policy.Analyzing the role of the central bank (Reserve Bank of India) in controlling money supply, interest rates, and inflation.Fiscal Policy:Exploring the objectives, instruments, and limitations of fiscal policy.Analyzing the role of government expenditure, taxation, and budget deficits in influencing aggregate demand and economic growth.Inflation and Deflation:Understanding the causes, consequences, and measures of inflation and deflation.Analyzing the effects of inflation on income distribution, savings, investment, and economic stability.