Chaudhary Bansi Lal University, Haryana, General Semester 2, Macro Economics for Business Syllabus

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Unit - 1 Nature and scope of macroeconomics

Unit I

Nature and scope of macroeconomics

1.1 Nature and scope of macroeconomics

1.2 The Circular Flow of Income

1.3 Concepts of Income and their interrelationship

1.4 Measures of National Income and Output

1.5 Variables Aggregate demand Supply Macroeconomic equilibrium

1.6 Features and phases of business cycle

Unit - 2 Macro analysis of consumer behaviour

Unit II

Macro analysis of consumer behavior

2.1 Consumer Behavior and Macro Economy

2.2 Income consumption relationship absolute relative and permanent income hypothesis

2.3 Concept of Investment its types Investment function

Unit - 3 Fiscal policy

Unit –III

Fiscal policy

3.1 Fiscal policy Objectives Instruments and its role in growth and price stability

3.2 Public debt nature and management

3.3 Business taxation – types rationale and incidence

Unit - 4 Money supply measures

Unit –IV

Money supply measures

4.1 Money supply measures credit creation process and money multiplier

4.2 Instruments of Monetary Policy and the Reserve Bank of India

4.3 Promotional and regulatory role of central bank

4.4 Inflation – types causes effects and control measures

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Other Subjects of Semester-2
Business statistics
Organization behaviour
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