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Economic For B.A. Students Semester III: MJC-3 | Introductory Macroeconomics - NEP 2020 Bihar Universities

Economic For B.A. Students Semester III: MJC-3 | Introductory Macroeconomics - NEP 2020 Bihar Universities

Author : H L Ahuja

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  • ISBN : 9789358703009
  • Pages : 192
  • Binding : Paperback
  • Language : English
  • Imprint : S Chand Publishing
  • © year : 2025
  • Size : 6.50*9.25

Price : 175.00 140.00

This textbook has been designed to meet the needs of B.A. second year third semester students of Economics for Patna University and other universities in Bihar under the recommended National Education Policy 2020. Maintaining the traditional approach to the subject, this textbook comprehensively covers paper MJC-3, namely, 'Introductory Macroeconomics'. This textbook acquaints the students with the important concepts like National Income Accounting, concerns of the economy such as unemployment, inflation, poverty and economic growth, functions of money, determination of money supply and demand, limitations and relevance of Keynesian economics to developing economy.

  • Comprehensive coverage of the syllabus
  • Written in lucid manner for better understanding of concept
  • Engaging chapter-end exercises have been provided for practice

 

Unit I: Introduction to Macroeconomics and National Income Accounting
 

  • Nature and Scope of Macroeconomics
  • Circular Flow of Income and National Income Accounting


Unit II: Money and Banking
 

  • Money: Nature, Functions and Role
  • Credit and Commercial Banking
  • Central Banking
  • Objectives and Instruments of Monetary Policy


Unit III: The Closed Economy in the Short Run
 

  • The Classical Full-Employment Model
  • Supply of Money and its Determinants
  • Demand for Money and Keynes's Liquidity Preference Theory of Interest

B.A. Students

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