CHRIST (Deemed to be University)

VISION
Excellence and Service

MISSION
CHRIST (Deemed to be University) is a nurturing ground for an individual’s holistic
development to make effective contribution to the society in a dynamic environment.

SCHOOL OF BUSINESS AND MANAGEMENT

VISION
Our vision is to be an institution of excellence developing leaders serving enterprises and
society globally
MISSION
Our mission is to develop socially responsible business leaders with the spirit of inquiry
through academic and industry engagement

Programme Educational Objectives (PEOs)

Graduates possessing subject knowledge, analytical ability and skills to
manage business.
Graduates exhibiting spirit of inquiry, innovation and ability to solve problems in
dynamic business environment.
Graduates with value based leadership skills, entrepreneurial capabilities and global
awareness serving enterprises and society.

Master of Business Administration (Executive)

Program Learning Goals (PLGs) Program Outcomes (POs)
PLG1 Social Responsibility and Ethical PO1 Apply knowledge of Management and
Sensitivity Practices to solve business problems
PLG2 Functional Knowledge and PO2 Foster Analytical and Critical abilities
Application for data- based decision making
PLG3 Communication PO3 Ability to develop value-based
leadership ability
PLG4 Critical Thinking PO4 Ability to understand, analyse,
communicate global economic, legal
and ethical aspects of business
PLG5 Decision Making PO5 Ability to lead themselves and others
in the achievement of organizational
goals, contributing effectively to the
team environment
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 School of Business and Management
CHRIST (Deemed to be University)
Course Plan

Program Master of Business Administration (Executive)

Course Code & Name MBAE235 Macroeconomics

Semester II
Hours & Credits (1 Credit = 10
30
hours)
Course Anchor Dr K. S. Sujit

Course Anchor & Faculty

Dr K.S.Sujit
Contact information
sujit.ks@christuniversity.in

Course Name: Macroeconomics Course Code: MBAE235

Total number of hours: 30 Credits: 3

Course Macroeconomics is a branch of economics that deals with the performance, structure, and
Description behavior of a national or regional economy as a whole. This course looks at the economy as a
whole by focusing on aggregate phenomena. The aggregate study includes growth in the
economy's total output, living standard, business cycle, inflation, unemployment, productivity,
balance of payments, etc. The course will explore and analyze economic data through a variety
of learning activities. This course helps the student learn about the differences between
macroeconomic and microeconomic analysis. The student will gain an understanding of how
national economic events and policies impact everybody in society by affecting income,
consumption, investment, exports, imports, etc. This course will help the students analyze the
state of the economy in order to make more informed decisions about their future.
Course The Course Objectives are
Objectives 1. To examine various concepts of Macroeconomics and its applications
2. To analyze macroeconomic variables and their relationships
3. To identify the role of government in an economy and the impact of fiscal measures
4. To identify the role of central bank and monetary policy in an Economy
5. To examine the dynamics of exchange rate, BoP, and its impact on an economy

Terminology** AACSB NBA

Program Learning Goals (PLGs) Program Outcomes (POs)
Program Learning Objective (PLO)
Course Learning Outcomes (CLO) Course Outcomes (COs)

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Programme Learning Goals –Course Objective Matrix (AACSB)/ NBA

Sl Correlatio
CLO/CO RBT Unit CIA PLG PLO PO
No n Level*
CLO1: Examine fundamental 4 I 1,2, ESE 2 2.1 1 3
1 concepts of macroeconomics.

CLO2: Analyze the effect of macro 4 II 2, ESE 2 2.1 1 3

and micro variables on business
2
cycles.

CLO 3: Apply monetary decisions 3 III 3, ESE 5 5.1 2 2

3 of government on business strategy

CLO 4: Identify fiscal decisions of 3 IV 3, ESE 5 5.1 2 2

4 government on business strategy

CLO 5: Examine exchange rate 4 V 3, ESE 5 5.2 2 2

5 systems

● When the correlation between CO and PO is more, the level is HIGH (3) *
● When the correlation between CO and PO is medium, the level is MEDIUM (2) *
● When the correlation between CO and PO is low, the level is LOW (1) *

Course Mapping
Unit Unit details Week CO- Cases/ Hou Pedagogy Resource/ Reference
numb (startin PO Exercises rs details
er g and per
end week
dates)
UNIT Introduction to CO-1 Discussion 2 Classroom MACROECONOMICS:
1 Macroeconomics: PO-1 on Course Teaching and THEORY AND POLICY,
Meaning, Nature and Week 1 Plan, discussion D N Dwivedi
Scope of Decem Reference Chapter-1
Macroeconomics, ber 02, of the
Macroeconomic 2023 textbook,
Concepts: Stock & syllabus,
Flow,
Unit-1 Circular Flow, and CO-1 Discussion 2 MACROECONOMICS:
Equilibrium; PO-1 on Classroom THEORY AND POLICY,
Business Cycles, Macroecono Teaching and D N Dwivedi
Prices, Output & discussion Chapter-2
mic concepts
Employment.
Role of Government: like Circular
Market Failure, flow,
Week 2
Government failure Business
Structure of a Macro Cycles,
Model, Multipliers Market
and Stabilization failures, Role
Policy.
of
Government
Unit-II National Income Week 3 CO-2 Discussion 2 Classroom MACROECONOMICS:
3
 Accounting Methods: PO-1 on NI Teaching with and THEORY AND POLICY,
Output, Income & Accounting article “National D N Dwivedi
Expenditure Methods, methods, Income Accounting Chapter-3
Price Indices: CPI, in Developing
Measurement
WPI & GDP Deflator, Countries” by
and Unemployment issues, Emanuel Levy
Rate indices like
CPI, WPI,
Unemployme
nt

Problem
Solving on
NI
Unit-II Aggregate Demand CO-2 Discussion 2 Classroom Chapters-4
and Aggregate PO-1 on Aggregate Teaching with
Supply: Consumption, Demand and
Investment, Govt.
Week 4 Supply.
Spending, Net Exports
and Changes in
aggregate Supply.

Unit-II Theory of CO-2 2 Classroom Chapters-5

Employment and PO-1 Discussion Teaching with an
Keynes’s on Classical article “The
Classical-
Determination of and
Keynesian
National Income and Keynesian Paradigm: Policy
Week 5
Multiplier; The using an Debate in
classical theory of article Contemporary Era
employment, Keynes's by GUL et.al.
attack of classical
theory
Unit-II Consumption CO-2 Derivations 2 Classroom Chapters 6 and 7
Function, Multipliers, PO-1 of Multipliers Teaching with an
Crowding out, The evaluating Empirical article
Multiplier Process: “The Investment
the impact of
Investment, Tax and Multiplier in an
Government different Underdeveloped
Multiplier multipliers. Economy” by
Week 6 Parvez Hassan
Discussion
using an
article on
leakages in
LDCs

Unit-II Investment Functions, CO-2 Derivation of 2 Classroom Chapters 8, 9 and 10

Goods Market PO-1 Saving and Teaching
equilibrium (IS Curve) Investment
Week 7 curve when
investment is
not
autonomous
Unit- Money Market, role of Week 8 CO-3 Discussion 2 Classroom Chapters-11&12
III Central bank PO-2 on Article Teaching
“How Do https://www.forbes
Government .com/advisor/in/per
Control sonal-finance/how-
Inflation?” governments-

4
 reduce-inflation/
Unit- Money Market and CO-3 Derivation of 2 Classroom Chapter-13 and 14
III Keynesian Demand PO-2 IS and LM Teaching
for Money Function, curves for an
IS and LM Functions,
economy,
Phase Diagram,
Stability Conditions, Problem-
Week 9 solving using
Fiscal and Monetary
Policies and their IS and LM
Effectiveness,
Aggregate Demand
Function

Unit- Balance of Payments CO-4 Discussion 4 Classroom Chapters-26 and 27

IV Account & Exchange PO-2 on BoP and Teaching with
Rate Systems its issues in articles
Survival from the
Week different
Balance of
10 &11 Countries
Payment Crisis:
Implications from
the Challenges
Faced by India
Unit- Inflation, CO-4 Discussion 4 Classroom Chapters 23, 24 and 25
IV Unemployment, and PO-2 on Teaching
Macro-Economic Week “Monetary https://www.imf.or
Policies to control g/external/pubs/ft/f
12-13 Regimes and
inflation. andd/2000/09/croc
Inflation e.htm
Targeting.”
Unit-V Fiscal Policy and CO-5 Discussion 2 Classroom Chapters-16,17 and 18
Monetary Policy: PO-2 on Monetary Teaching
IS-LM and BP Policy, Fiscal https://www.ijcb.or
g/journal/ijcb12q0a
Policy, and
20.pdf
the
Week
Efficiency of
14
Our Financial
System:
Lessons from
the Financial
Crisis
Unit-V Discover the policies CO-5 2 Chapter-29, 30 and 31
and actions of the PO-2
government and Week
central bank that 15
influence the nation’s
economy.

Core Text:

Dwivedi, D. N. (2018). Macro Economics Theory and Policy. 4th Ed, New Delhi: Tata McGraw Hill Education Private
Limited.

Reference Books:

1 Mankiw, N. Gregory. (2015). Principles of Macro Economics (7th ed.). New Delhi: Cengage Learning
2 Vivek Moorthy (2019), Applied Macro Economics Employment-Growth-Inflation, I.K.International Publishing
House Pvt Ltd, New Delhi
3 D Souza, E. (2008). Macro Economics. New Delhi: Pearson Education.
4 Dornbusch, R., Fischer, S., & Startz, R. (2005). Macro Economics. New Delhi: Tata McGraw Hill.
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 5 Samuelson, P. A. (2012). Macro Economics. New Delhi: Tata McGraw Hill.

ASSESSMENT OUTLINE

Component of Final Weightage towards Total Marks per Component

Max Marks
Grade Final Grade in Final Grade
CIA-I 15 100 % 15
CIA-II 50 60 % 30
CIA-III 15 100% 15
Class Participation 10 100% 10
End – Sem 50 60 % 30
Total 100

ASSESSMENT DESCRIPTION
CIA1 Evaluation Rubrics (AACSB and NBA)
Unit: I
Assignment Description: Multiple type questions of 15 marks
Assignment: Quiz
Submission Type: Offline/Classroom

CIA II Mid-Term Examination

Unit: I and II
Assignment Description: Conceptual question, Problem Solving and Case Study
Assignment: Mid-term
Submission Type: Offline
Submission Deadline: As notified by the faculty
Case Study Rubrics (Compulsory Questions)

Program Learning
PLG 2: FUNCTIONAL KNOWLEDGE & APPLICATION
Goal

Program Learning 2.1 Examine management theories in the context of business problems
Objective 2.2 Recommend appropriate solutions for Managerial problems

Total Marks 20 Marks

Exceeds Meets Does not meet

Criteria CO-PO Expectations Expectations expectations

6
 The entire
context is
Analyze Context is There is no or
CO-1 explained with
Macroeconomic comprehended little clarity in
all relevant
context (RBT-4) PO-1 with adequate understanding the
factors including
the fine points details problem

Relates the
scenarios with
the relevant Links the scenario
Examine theories and the with the relevant Fails to link the
Macroeconomic CO-1 analysis of the theories and the scenario to the
Theories (RBT-4) PO-1 outcome is outcome analysis appropriate
integrated is synthesized theories
across functions across functions

Recommends
feasible Recommends
Evaluate Feasible CO-2 Recommends
solutions to inappropriate
solutions partial solutions
PO-1 solve the solutions
(RBT-5)
specific problem

Interpret various Recommends

Recommends Recommends
options and their CO-2 inappropriate
options and partial Options
feasibility in a given solutions and
PO-1 applicability in a and applicability
context applicability
(RBT-5) given context.

CIA III Country Project (Group)

Unit: III, IV and V (15 Marks)
Assignment Description: This is a group project where students will analyze the macroeconomic conditions of a country
of their choice, which is approved by the faculty.
Assignment: This project can be completed in a group of 5 members; the project report should not be more than 20-30
pages. The report can be arranged in the following order.
i. The title page has the group members' names and roll numbers.
ii. Content page with page numbers
iii. List of tables with table numbers
iv. List of graphs with graph numbers

1. Introduction of the country

2. National income and its analysis (Nominal, Real, GDP Deflator, growth rate)
3. Components of National income (How the share of different sectors i.e., Agriculture, Industry, and Services),
Pattern of growth since its formation
4. Multipliers
5. Savings, Investment, and Interest rate dynamics
6. Government spending and Fiscal policy

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 7. Monetary policy, Inflation, and its determinants
8. Employment rate and policies Unemployment, relationship
9. Analysis of Trade, BoP, exchange rate, foreign reserve
10. Challenges & Conclusion
11. Plagiarism report

Submission Guidelines
The Submission is only through the link provided in the Google Classroom. The group should also prepare a presentation
of 10 minutes for the class. The faculty will announce the date of the presentation.
The report must be submitted by 19th March 2024. 10% marks will be deducted for late submission on a per-day basis.

Submission Type: Online

Submission Deadline: 19th March 2024

Program Learning Goal PLG 5: Decision Making

Program Learning 5.1 Identify the decision problem and criteria for evaluating options
Objective 5.2 Analyze options to arrive at a feasible decision and contingency plan

Total Marks 15 Marks

Exceeds Meets Does not meet

Criteria CO-PO Expectations Expectations expectations

Problem
Clear
Examine the Identification of statement has
CO-3 identification of
Macroeconomic the issues faced limited
the issues faced
situation of a country PO-2 by a country relevance to
(RBT-3)
by a country
the issue.

Few criteria Criteria do not

Develop Appropriate Adequate and generated that address either
CO-4 appropriate
Criteria to evaluate a are appropriate adequacy or
country PO-2
criteria for the for the evaluation appropriatenes
(RBT-3) evaluation of a of a country s
country

Detailed and Partial evaluation

comprehensive of options based
evaluation of Options
Evaluate policy on criteria to
CO-5 options based evaluated
options for the arrive at a
on criteria to without
country PO-2 decision without
(RBT-4) arrive at a justification
a contingency
feasible decision plan
and contingency
plan.
*Weightage (Levels) can vary depending on assignments

Prepared by (Faculty in charge) Reviewed by (HOS) Approved by (HOD)

K.S. Sujit Dr Ramanatha H R
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