Macro Economics for Business
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  • Macro Economics for Business

Macro Economics for Business

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Dr. Saroj kumar & Shourya Singh

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BBA, Semester - III
According to the New Syllabus of  
‘Dr. Bhimrao Ambedkar University, Agra’
Syllabus
BBA 303: Macro Economics for Business
 
Unit I                                                                               (8 lectures)
Introduction to Macro Economics : Definition, scope, Importance and Limitations of Macro Economics, Circular flow of Income in two, three, four sector economy, relation between leakages and injections in circular flow.
 
Unit II                                                                           (10 lectures)
National Income: Concepts, definition, methods of measurement, National Income in India, Problems in measurement & precautions in estimation of national income. Macro Market Analysis: Theory of full employment and income, classical, modern (Keynesian) approach, consumption function, relationship between saving and consumption. Inflation: Meaning & Causes of inflation measures to control, differentiation between deflation, stagflation & Inflation. Business Cycle: Meaning, Characteristics and phases.
 
Unit III                                                                          (10 lectures)
Money Market: Functions & forms of money demand for money- Classical, Keynesian & Friedmanian approach, Measures of Money Supply, Quantity theory of money. Monetary & Fiscal Policy: Meaning, Objectives and tools Balance of Payment: Meaning, Structure, Causes of Disequilibrium and methods of correcting disequilibrium.
 
Unit IV                                                                           (8 lectures)
Equilibrium of Product: The IS-LM model, product market & money market, derivation shift, Equilibrium of IS-LM curve. Economic Problem of Growth: Saving and Capital formation, Poverty, Unemployment, Parallel Economy, Industrial Sickness.
 
BRA2023/BBA/03/2
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