Macroeconomics

Week

Module No

Title of the Module

1

1

Macroeconomics  and  Macro Variables

2

Circular Flow of Income  in a Four-Sector Economy

3

Aggregate Demand  Supply Model

4

Measurement of National Income

5

Social Accounting

2

6

Objectives  and  Instruments of Fiscal Policy

7

Objectives and Instruments of Monetary Policy

8

IS-LM Curve-  Goods Market Equilibrium & The IS Curve

9

The Money Market Equilibrium & The LM Curve

10

IS-LM Model & Monetary and Fiscal Policy

3

11

Real Balance & Pigou Effect

12

Consumption function & Aggregate Demand

13

Theories of consumption- Psychological and Relative Theories

14

Theories of Consumption - Life Cycle Hypothesis and Permanent Income Hypothesis

15

Multiplier Theory and Simple Investment & Govt. expenditure multiplier

4

16

Tax Multiplier & Foreign Trade Multiplier

17

Effects of Multipliers with case studies

18

More on Types of Multiplier

19

Introduction to Inflation and various definitions of Inflation and Related Concepts

20

Types of inflation and their measurement

5

21

Inflation and Interest Rates

22

Unemployment

23

Phillips curve- Static and Dynamic 

24

Sacrifice ratio and role of expectations

25

Tax Regime and Laffer Curve

6

26

J. B. Say’s Law of Market

27

Classical Theory of Employment

28

Keynes Theory of Equilibrium

29

Comparison of Classical and Keynesian theory

30

Flow of goods & capital in an open economy

7

31

The Classical View

32

Introduction to Exchange Rates and concepts

33

Theories of Exchange Rate determination

34

Balance of Payments and Foreign Exchange Reserves

35

Mundel-Flemming Model Part -1

8

36

Mundel-Flemming Model Part-2

37

Exchange Rate and Interest rate differentials

38

Investment function and types of investment.

39

Marginal Efficiency of Capital

40

Theories of Investment

9

41

Flexible Accelerator Theory and Koyck Approach

42

Investment sub-sectors

43

Money & Its functions and Types

44

Demand for Money

45

Liquidity Preference theory

10

46

Post Keynesian Theories of Demand for Money

47

Money multiplier and its components

48

Money Supply & Stock of Money Supply

49

Reserve Bank of India and its Objectives

50

Credit Disbursement Policy and it’s Regulations

11

51

Business Cycles- An Overview

52

Theories of Business Cycle

53

Hicks and Hawtrey’s theory of Business Cycle

54

Subprime Crisis of 2008 in the Context of the American Economy

12

55

Clintonomics

56

Reaganomics

57

Keynesianism

58

Monetarism and Failure of Other Economies