BA6114-Business Economics |
NATURE AND SCOPE OF ECONOMIC ISSUES |
Micro and Macro Economic Variables - Law of Demand, Elasticity, Demand Forecasting -
Diminishing Marginal Utility - Consumer Surplus, Break Even-Point - Perfect and Imperfect
Competition - Market Equilibrium. Role of Economic Planning - Indian Economic Planning. |
ANALYSIS OF MACRO ECONOMICS |
National Income - Determination of National Income - Circular Flow of Income - Keynesian
Perspective - Consumption, Savings, Investment, Multiplier, Accelerator - Business Cycle. |
ANALYSIS OF MONEY MARKET |
Demand and Supply of Money - Money Market Equilibrium - The Role of Money - Monetary Policy
- Indian Perspectives.
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INFLATION AND ECONOMIC POLICIES |
Analysis of Inflation and Unemployment, Fiscal Policy, EXIM Policy - Balance of Payments,
Exchange Rate - The Role of Economic Policies - Indian Experiences.
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ANALYSIS OF EXTERNAL SECTOR |
International Trade - Trade Multiplier - Linkage Model - Free Trade and Protection - Analysis of
Performance of Indian Economy in External Sector-Broad Perspective of Liberalization, Privatization
and Globalization. |
Text Books |
1. Paul A .Samuelson and William D.Nordhaus, “Economics”, 18th Edition, Tata McGraw -Hill
Publishing Company Ltd., 2006. |
Reference Books |
1. Dwivedi, “Macro Economics”, 2nd Edition, Tata McGraw -Hill Publishing Company Ltd.,
2007.
2. KA Chrystal, RG Lipsey , “Economics for Business and Management”, 2th Edition, Oxford
University Press New York, 2007.
3. Maheswari, “Managerial Economics”, 2th Edition, Prentice Hall of India Pvt. Ltd., 2005.
4. Mankiw, “Principles of Macroeconomics”, 4th Edition, Cengage Learning India Pvt. Ltd.,
2007. |
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