Department ECONOMICS Class I-M.A. Semester I Course Title Macro Economics - I Hours Credit CIA External Total Course Code 18P1VMC4 90 4 25 75 100 Objectives 1. To understand ...
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...Department economics class i m a semester course title macro hours credit cia external total code pvmc objectives to understand the classical keynesian and post theories have an insight into development of modern learning outcome demonstrate good understanding macroeconomic principles concepts unit introduction economic issues growth related issue business cycle inflation unemployment poverty budgetary deficit international used in analysis stock flow variables model building circular flows two sector three four graphic presentation ii theory employment say s law market income effective demand determinants aggregate function supply iii consumption meaning significance apc mpc keynes psychological absolute hypothesis relative permanent life iv investment types autonomous induced working multiplier concept tax foreign trade principle acceleration super v general equilibrium policy product money is lm shifts functions effectiveness monetary fiscal policies weakness efficacy range intermed...