Coming soon
Macro Economic Theory -II
To explain the advanced concepts of Macroeconomics and various aspects of consumption, investment function, multiplier concept and business cycle.
Consumption function – Meaning, Attributes of Consumption functions, Significance of Marginal Propensity to Consume, Determination of consumption functions
Consumption function – Meaning, Attributes of Consumption functions, Significance of Marginal Propensity to Consume, Determination of consumption functions
Concept of Multiplier – Working of Multiplier, Assumptions of Multiplier, Leakages of Multiplier, Significance and Limitation of Multiplier.
Accelerator- Meaning, Principles, Difference between Multiplier-Accelerator.
Inflation – Introduction, Meaning, Inflationary Gap, Demand- Pull and Cost –Push Inflation, Effects and Control of Inflation.
Business Cycles – Meaning and Nature, Phases of Business Cycle – Recovery, Propriety, Recession, Depression.
Theory of Trade Cycle – Schumpeter Theory and Keynesian Theory, Criticism
Macro Economic analysis - Edward Shapiro, Galgotia Publication, Delhi
Macro Economic theory - M.L. Seth, Laxmi Narayan Agarwal, Agra
Macro economic Theory – M.C. Vaish,Wishwa Prakashan, New Delhi
Macro Economic Theory, H.L.Ahuja, S.Chand & Sons Publication, Delhi
Dipsey R.G and Cheystal, Principles of economy, Oxford university Press
