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Old December 1st, 2015, 02:37 PM
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  #2  
Old February 13th, 2018, 08:29 AM
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Please gather information about HS 101 – Economics course offer to students by Indian Institute of Technology Bombay?
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  #3  
Old February 13th, 2018, 08:30 AM
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As you need to know deta ils of Indian Institute of Technology Bombay, HS 101 – Economics course here I will help you for that.

The Indian Institute of Technology Bombay was setup in 1958 which spread over 550 acres of land which has a total of 14 academic departments, six centers, one school for students with various disciplines.

Here telling you some details of course

Text Reference

P. A. Samuelson & W. D. nordhaus, Economics, McGraw Hill, NY, 1995. A. Koutsoyiannis, Modern Microeconomics, Macmillan, 1975. R. Pindyck and D. L. Rubinfeld, Microeconomics, Macmillan publishing company, NY, 1989. R. J. Gordon, Macroeconomics 4th edition, Little Brown and Co., Boston, 1987. William F. Shughart II, The Organization of Industry, Richard D. Irwin, Illinois, 1990.

Course Description
Basic economic problems

Resource constraints and Welfare maximizations.

Nature of Economics : Positive and normative economics

Micro and macroeconomics

Basic concepts in economics.

The role of the State in economic activity; market and government failures; New Economic Policy in India

Theory of utility and consumer"s choice.

Theories of demand, supply and market equilibrium

Theories of firm, production and costs.

Market structures

Perfect and imperfect competition, oligopoly, monopoly.

An overview of macroeconomics, measurement and determination of national income. Consumption, savings, and investments.

Commercial and central banking.

Relationship between money, output and prices. Inflation - causes, consequences and remedies.

International trade, foreign exchange and balace payments, stabilization policies : Monetary, Fiscal and Exchange rate policies.

Address:-
Indian Institute of Technology Bombay
Main Gate Road, Powai, Mumbai, Maharashtra 400076
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