Economic Analysis-II

Published on Business Studies (https://www.business.iisuniv.ac.in)

Economic Analysis-II [1]

Paper Code:

(MMC 223)

Credits:

Contact Hours:

60.00

Objective:

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

7.00

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

10.00

Unit II:

Classical theory of Employment

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

10.00

Unit III:

Keynesian Theory of employment

Keynesian Theory of employment: Introduction Assumption, Explanation , Criticism

8.00

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

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:

2018-2019 [2]

Source URL: https://www.business.iisuniv.ac.in/courses/subjects/economic-analysis-ii-1

Links:
[1] https://www.business.iisuniv.ac.in/courses/subjects/economic-analysis-ii-1
[2] https://www.business.iisuniv.ac.in/academic-year/2018-2019

Economic Analysis-II [1]

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