Business Economics (Macro)-II

Unit

Name and Content of the Chapter

Unit 1

Money:

1.1 Meaning and Functions of Money.

1.2 Demand for Money:

1.2.1 Classical Approach.

1.2.2 Keynesian Approach.

1.3 Supply of Money:

1.3.1 Credit Creation of Commercial Banks

1.3.2 Money Measure of RBI (M1, M2, M3, M4).

1.3.3 Credit Control Methods.

1.4 Value of Money:

1.4.1. Quantity Theory of Money.

1.4.2 Cash Balance Approach : Marshall, Pigou, Robertson and Keynes

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Unit 2

Inflation:

2.1 Meaning and Definition

2.2 Causes of inflation

2.3 Consequences of Inflation

2.4 Demand Pull and Cost Push Inflation

2.5 Stagflation: Meaning and Causes

Unit 3

Trade Cycle:

3.1 Meaning and Definition of Trade Cycle

3.2 Characteristics of Trade Cycle

3.3 Phases of Trade Cycle

3.4 Control of Trade Cycle: Monetary Measures and Fiscal Measures

Unit 4

Public Finance:

4.1 Meaning and Definitions.

4.2 Scope of Public Finance.

4.3 Importance of Public Finance.

4.4 Meaning and Types of Tax.

4.5 Public Expenditure: Meaning and Causes of Increasing Public         Expenditure.

4.6 Public Debt: Meaning and Importance.

4.7 Budget: Meaning and Types.