Economics bcom pass 2nd year notes INDEX

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PROPER INDEX... 

CHAPTER-1 Introduction to Macroeconomics

• what is macroeconomics? Macroeconomic issues in an economy.
  

CHAPTER-2 Introduction to National Income Accounting. (if you have then please upload here)

• concepts of GDP and National income, measurements of national income and related aggregates. Nominal and real income : Limitation of GDP concepts.
  

CHAPTER-3 National Income Determination.

• Actual and potential GDP : Aggregate expenditure - consumption function- investment function : equilibrium. GDP: concepts of MPS, APS, MPC, APC.
  
• Autonomous expenditure: the concepts of multiplier
  

CHAPTER-4 National Income determination in an open economy with government..

• fiscal policy- Impact of changes in govt expenditures and taxes: Net exports function net exports and equilibrium GDP.
  

CHAPTER-5 GDP and price level in short and long run

• Aggregate demand(AD), Aggreagate Supply (AS) and macroeconomics equilibirium in short run
  
• Aggregate demand(AD), Aggreagate Supply (AS) and macroeconomics equilibirium in long run
  

CHAPTER-6 Money in a modern economy

• Concept of money in a modern economy.
  
• Monetary aggregates demands for money:  liquidity preference and rate of interest,
  
• money supply and credit creation
  
• monetary policy.
  
• quantity theory of money,
  

CHAPTER-7 IS-LM analysis.

• Derivations of IS and LM functions. IS-LM and aggregate demand: shifts in AD curve
  

CHAPTER-8 Balance of Payment and exchange rate. (if you have then please upload here)

• Balance of payments: market for foreign exchange. determination of exchange rate.
  

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