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Economics for B.A. Students Semester II: MJ-2 | Introductory Macroeconomics -NEP 2020 Jharkhand

Economics for B.A. Students Semester II: MJ-2 | Introductory Macroeconomics -NEP 2020 Jharkhand

Author : H L Ahuja

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  • ISBN : 9789358703931
  • Pages : 336
  • Binding : Paperback
  • Language : English
  • Imprint : S Chand Publishing
  • © year : 2024
  • Size : 6.50*9.25

Price : 350.00 280.00

This textbook has been designed to meet the needs of B.A. Second Semester students of Economics as per Common Minimum Syllabus prescribed for Ranchi University and other Universities in Jharkhand under the recommended National Education Policy 2020. Maintaining the traditional approach to the subject, this textbook comprehensively covers second semester paper, namely, Introductory Macroeconomics. This textbook acquaints the students with the important concepts of GDP, National Income, Money, Inflation, Functions of Central Bank, Commercial Bank, Regional Rural Bank, Monetary and Fiscal & Trade Policy of the 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
 
  • Circular Flow of Income and National Income Accounting
  • Determination of National Income: Keynes's Simple Two-Sector Model
  • Determination of National Income with Government:Three-Sector Model

UNIT II: MONEY AND INFLATION
 
  • Money: Nature, Functions and Role
  • Money and Prices: Quantity Theory of Money
  • Inflation and Hyperinflation: Causes, Effects and Cure

UNIT III: BANKING
 
  • Types of Banks
  • Credit and Commercial Banking
  • Central Banking
  • Regional Rural Banks and Development Banks

UNIT IV: MACROECONOMIC POLICY
 
  • Objectives and Instruments of Monetary Policy
  • Economic Stabilisation: Fiscal Policy
  • India's Trade Policy: A Journey from Self-Reliance to Globalisation

B.A. Students

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