Professional Documents
Culture Documents
Programme
B.S Accounting & Finance
Semester 2nd
Course Macro Economics
Title
Course
Code
Credit 45 (3 hour per week)
Hours
Course Description:
The Economics is much too interesting to be left to the professional economists. The course has been designed to
make students aware of the macroeconomic aspects and to make their approach broader and more analytical
towards such indicators.
Course Objectives
1. To develop in students a clear understanding of Macro Economics concepts and indicators.
2. To equip them with adequate knowledge so that they have an informed and comprehensive understanding
of the building blocks and drivers of National Economy
Learning Outcomes
Use appropriate macroeconomic tools to model the market and determine possible outcomes of changing
economic behavior and aid in the development and analysis of policy.
Make decisions and reach rational conclusions in a systematic and rational manner within an environment of
constraints.
Calculate, analyze and interpret different types of economic and financial data to extract useful information for
optimal decision-making.
Interpret and use the language and terminology of economics.
Use the various models, mathematics and graphical functional forms to prove and test decisions/outcomes.
Analyze problems and identify possible alternative outcomes depending on assumptions made.
Imagine the implications of decisions and actions based on alternative schools of thought.
Provide policy alternatives to address various economic outcomes.
Analyze actual economic events within modelling frameworks.
Appreciate that economic theory evolves out of actual economic events.
Interpret the work of others and be able to evaluate and respond to it.
Determine the effectiveness and appropriateness of government policy intervention.
Course Content
Topic Lec. 1 Books Recommended
hour
1. National Income Accounting 02 Book 2 Ch. 5
Concept of GNP, GDP circular flow of National Income,
Measuring Total Output and Income Measures (Value Addition
Criteria, Income and Expenditure Approach, Precautions and
cares to be taken in calculation.
2. Money and Inflation 02 Book 2 Ch 12
Functions and Forms of Money, Demand for and Supply of Book 1 Ch 13
Money, Financial Markets and the Economy.
Significances, Inflationary and Anti-Inflationary measures along
with AS/AD model, Demand Pull and Cost Push inflation.
Quantity Theory of Money, Crude and Sophisticated Version, 03 Book 2 Ch 12
Value of Money, Inflation, Unemployment, Velocity of Money, Book 1 Ch 13
How Banks Create Money its limitations, Quantity Theory of
Money and AS and AD Model
A. LecturesClass sessions will involve lectures, video shows, case studies, assignments, quizzes, discussions
and debates, and presentations of related topics and current issues related to course contents.
B. ReadingsThis is the responsibility of all students. Students should read the relevant chapters of the textbook,
materials, and information on indicated websites before class. They should be prepared to raise questions and
arguments in class on related topics in the class schedule.