SemII

Topics

MacroeconomicsandBusinessEnvironment SessionPlan
Cases
Introduction IrishEconomy:Amodelofsuccess ChineseStateownedEnterprisesRedefiningthe roleofGovernmentinBusiness

CourseCode:SLEC502
Session No
1 2 3 4&5 6 7

Date
31stOct11 1stNov11 7thNov11 8th&14thNov 11 15thNov11 21stNov11 CDC CDC CDC CDC CDC

IntroductiontoEconomicAnalysis:MacroeconomicsVs Microeconomics,Goals&ObjectivesofMacroeconomics(Chap.1 PrescribedTextbook)

MeasuringNationalOutput/Income:ConceptofNationalProduct, NationalIncomeAccouting:AcasestudyofChina VariantsofNationalProduct,MethodsformeasuringNational Income,andproblemsofmeasuring,RealVsNominalPriceIndices Bhutan'sGrossNationalHappiness:AnEconomic anditsappplications.(Chap.2PrescribedTextbook) RealityorWishfulThinking? DeterminationofEquilibriumIncomeClassicalandKeynesian TheEconomicsofSavings Approach:Consumptionfunction,MarginalPropensitytoConsume, DeterminantsofConsumption,Savingfunction,Investmentfunction, DeterminantsofInvestment,Governmentspending,Netexports. BusinessConfidence?VeryHigh;Consumer (Chap.16&17PrescribedTextbook) Spending?VeryLow:HowtogettheGerman ConsumertoSpendMore ClassicalandKeynesianApproach:MeaningofAggregateDemand IsKeynesstillRelevant? andAggregateSupplyCurve,ComponentsofAggregateDemand, AggregateDemandfunctionforLabour,SupplyFunctionoflabour, LabourmarketequilibriumunderClassicalandKeynesianmodels. IsKeynesstillRelevant? (Chap.3&pp261277ofChap.9PrescribedTextbook) ( p pp p )

8&9

22nd&28th Nov'11 29thDec11

CDC

10

CDC

11

5thDec11

CP1(10Marks)
ProductMarket:ShiftsinAD,Conceptofmultipliersimple multiplier,investmentmultiplier(pp.278292ofChap.10 Prescribedtextbook) TechnicalNoteonMultiplier 12

5thDec11 6thDec

NCP1:WAC1(5Marks)
ProductMarket:Multiplierinthepresenceoftaxesandbalanced TechnicalNoteonMultiplier budget,foreigntrademultiplier. MoneymarketFunctionsofmoney,Demandformoneyandsupply DemandandSupplyofMoney:ACaseofIndia ofmoneyDeterminationofinterestrates,RealVs.Nominalinterest rates.(Chap.4&18prescribedTextbook) ProductMarketandMoneyMarketEquilibrium:Productand GlobalFinancialCrisisandItsImpactonRealand MoneyMarketEquilibrium,HicksHansenModel:ISLManalysis,IS FinancialSectorsinIndia andLMcurveshift,Derivingaggregatedemandcurve.(Chap.10&11 andpp.5975ofChap.3prescribedtextbook)

13
14 15&16

12thDec
13thDec 19th&20th Dec11 26th&27th Dec11 CDC

17&18

CDC

SemII
Topics

MacroeconomicsandBusinessEnvironment SessionPlan
Cases Session No
19 20

CourseCode:SLEC502
Date
2ndJan12 3rdJan12 CDC

MonetaryPolicyandtheroleofBankingSystems:Deposit MonetaryPolicy:HungaryvsPoland creation,BalanceSheetofaCentralBank,Measuresofmonetaryand MonetaryPolicy:HungaryvsPoland liqudityaggregates,Moneymultiplier,Instrumentsofmoneysupply Control,Determinationofmoneysupplycontrol.(Chap.18

NCP2StructuralAssignment/Test(10Marks)
Business Cycles: Features of business cycles, Business cycle US Financial Crisis: Bailout, Whose Burden is that theories.(Chap.9PrescribedTextBook) Anyway

21
22

9thJan12
10thJan12 CDC

CP2(10Marks)
Unemplyment: Types of unemployemnt: Okun's Law, Impact of TheFrench35hoursweek unemployment. (Chap.6 & pp.255257 of Chap.9 Prescribed Text book) PriceStability:Typesofinflation,Economicimpactsofinflation, TheIndianEconomy:DealingwithInflation PriceintheADASframework,ThePhillipsCurve(Chap.4,pp.3034 ofChap.2,pp.385400ofChap.13prescribedtextbook) HyperinflationinZimbabwe 23

10thJan12
16thJan12 CDC

24&25 26

17th&23rd Jan12 24thJan12

CDC CDC

NCP3:WAC2(5Marks)
FiscalPolicy:Fiscalinstruments,Taxstructure,Laffercurve,types GordonBrown'sFiscalManagement ofdeficits,Fiscalpolicyandstabilization,publicdebt,Crowdingout FiscalPolicyinIndiaandCanada effect (Chap 15 prescribed text book) effect.(Chap.15prescribedtextbook) OpenEconomyFramework:InternationalVsDomestictrade, TheIndianRupeeUSDollarexchangerate:The TheoriesofInternationalTrade,ProtectionandWTO,Issuesrelated EconomicImpactofaStrengtheningCurrency totariff(Chap.5prescribedTextbook)

27
28 29 30&31

30thJan
31stJan12 6thFeb12 CDC ICMR

7th&13th ICMR Feb12

NCP4(ProblemAssignment/TestorProject)(15Marks)
DeterminationofExchangeRate,Floatingexchangerate,Fixed exchangerate,BalanceofPayments,GlobalizationandGlobal imbalances. Tradedeficits,Currentaccountdeficitsand exchangeratesinUS:ThePolicyImplications DohaRoundandtheWTOCancunMinisterial Conference

32
33 34

14thFeb'12
20thFeb12 21stFeb12 CDC ICMR

CP3(15Marks)

21stFeb12