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Hi sir, I Wants to get the Question Paper of the Subject Macroeconomic Principles II of the BA Economics Course of the University of the Calcutta ?

[Vishal Kotkar]

The University of Calcutta is a public state university located in Kolkata, West Bengal, India established on 24 January 1857. It was the first institution in Asia to be established as a multidisciplinary and secular Western-style university.

As you Asking for the Question Paper of the Subject Macroeconomic Principles II of the BA Economics Course of the University of the Calcutta Sorry I may Not Found the Question Paper Here I am giving you the Syllabus of the Subject Macroeconomic Principles II of the BA Economics Course of the University of the Calcutta

Macroeconomic Principles

1 Nature and Scope of Macroeconomics
1.1 Distinction between Macro economics and Microeconomics -
Aggregation and Macroeconomics

1.2 Goals and Instruments of Macroeconomics

1.3 Supply and Demand in Macroeconomics
Introduce Economic growth, GNP gap, booms, recessions, depressions
business cycles, fiscal policy, monetary policy, international economic
policy, macro equilibrium, exchangerate, inflation and deflation,
stagflation, supply shock and tight money.

1.4 Brief history and Schools of Macroeconomics – Keynesian, Classical,
New Keynesian and New Classical.
Samuelson and Nordhaus, Chapter 23. S, Sikdar Introduction (page 6-8)

2 Accounting Output and Income
2.1 The Circular Flow Explication - Measuring Output – Gross National Product - Nominal GNP, Real GNP and GNP Deflator.

2.2 The Two Approaches to measure GNP - The Final Goods Approach and
Income Approach.

2.3 Intermediate goods and value added approach

2.4 Flow Statistics and Stock Statistics –Investment –Consumption –Capita
stock

2.4 GNP, Gross Domestic product, Net National product, National Income
and Disposable Income.

2.5 GNP and Economic Well Being
Samuelson and Nordhaus, Chapter 24, Mankiw, Chapter 23.

3 Consumption and Investment
Consumption and Savings – Consumption, Income and Saving, Consumption Function, Marginal Propensity to Consume, Marginal
Propensity to Save.
Determinants of Consumption.
Determinants of Investment. Investment Demand Curve and interest rate.
Samuelson and Nordhaus, Chapter 25

4 Production and Growth
4.1 History of Economic Growth and Why Growth Matters.
4.2 Importance of productivity in growth. Determinants of productivity –
physical capital, human capital, natural resources and technological
knowledge.

4.3 Economic Growth and Public Policy – importance of saving and
investment, diminishing returns and catch-up effect, foreign
investment, education, property rights and political stability, free trade,
population control and research and development (brief illustration in
the context of Indian economic reform)
Mankiw, Chapter 25.

Unemployment
5.1 Defining and Measuring the Unemployment Rate – Counting of Unemployed – Employed, Unemployed, Labour Force, Discouraged
Workers. Okun’s Law. Economic Costs of High Unemployment.
5.2 Types of Unemployment – Frictional Unemployment and Job Search,
Structural Unemployment and Cyclical Unemployment, Voluntary
versus Involuntary Unemployment.
5.3 Sources of Inflexibility in wages – minimum wages, unions and
collective bargaining and efficiency wages.
Samuelson and Nordhaus, Chapter 31 (572-81), Mankiw, Chapter 28

Money and Monetary Institutions
6.1 The Classical and Modern View 6.2 Definition and functions of Money.
6.3 Origins of Money including Gresham’s Law.
6.4. Money Creation, Models of Banking – ratios approach and competitive
banking system, money supply and competitive banking.
6.5 Money and Relative Values – money as a veil, neutrality of money,
money illusion, real and monetary effects and price level changes.
Lipsey and Chrystal, Chapters 20 and 21 (462-464).
6.6 Reserve Bank of India, Targets and instruments of monetary policy.
Sikdar. Chapter 6 (79, 82-84), Samuelson and Nordhaus Chapter 29 (529-
532).

Inflation
7.1. Definition and measurement of Inflation rate – CPI and GNP Deflator. 7.2 Index-number problems in measuring the cost of living.
7.3. Types of Inflation – Moderate inflation, Galloping Inflation and
hyperinflation.
7.4 Impact of Inflation – redistribution of Income and Wealth and distortions
on output and prices.
7.5 Correcting economic variables from inflationary effects.
Samuelson and Nordhaus, Chapter 32. G, Mankiw, Chapter 24.




Here I Am Also Attaching the Detail Syllabus of the BA Economics Course of the University of Calcutta that is Free to Download



Contact Details
Calcutta University
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