Managerial Economics-II

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Dr. Desh Bandhu & Prof. Khushboo Batra

BBA,KurukshetraUniversity, Second Semester
Syllabus
 
BBA-110: MANAGERIAL ECONOMICS-II
 
Max. Marks: 100                                                                 External Assessment: 80
Internal Assessment: 20
 
 
Economy as a Circular Flow of Income and Expenditure.
 
National Income; Concepts and Measurement. Classical Theory of Output and Employment, Say’s Law of Markets.
 
Keynesian Theory of Income Determination, Determinants of Macro Equilibrium with Aggregate Demand and Aggregate Supply Functions under Employment Equilibrium. Concept of Multiplier.
 
Consumption: Meaning, Determinants and Importance. Theory of Consumption – Absolute Income Hypothesis, Relative Income Hypothesis, Permanent Income Hypothesis, Life Cycle Hypothesis.
 
Theory of Investment: Types of Investment Determinants of Investment, Marginal Efficiency of Capital, Interest Rate Determination, Classical, Neoclassical and Keynesian Theories.
 
Inflation: Meaning, Types, and Theories. Stabilisation Policies – Monetary and Fiscal Policies.
KUK/BBA/2/03
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