Tag: National Income

Categories
Second Semester

BPA 203: Macroeconomics

The purpose of this course is to impart the concept, knowledge of macroeconomics. After completion of this course, students will be able to know the components of macroeconomics as well.

Contents
  1. Introduction to Macroeconomics
    • Concept and Scope of macroeconomics
    • Importance and uses of macroeconomics
    • Issues of macroeconomics
  2. National Income Accounting
    • Concept of National Income
    • Measurement Approaches: Expenditure Method, Income Method, Product Method
    • Difficulties in Measurement of National Income
    • Importance and Use of National Income
  3. Components of Macroeconomics
    • Concept of consumption function (Average and Marginal Propensity to Consume, Psychological Law of Consumption, Determinants of Consumption Function)
    • Concept of saving (Paradox of Thrift, Determinants of saving)
    • Concept of investment (Marginal Efficiency of Capital, Determinants of Investment)
    • Concept of Multiplier (Leakages of Multiplier, Importance of Multiplier)
    • Concept of Employment (Classical Theory of Employment, Keynesian Theory of Employment)
  4. Theories of Inflation and Trade Cycle
    • Concept of Inflation and Deflation and Factors Influencing Inflation
    • Computation of Rate of Inflation
    • Effects and Control of Inflation
    • Concepts of Trade Cycle
    • Phases of Trade Cycle
    • Economic Stabilization Policy
  5. Monetary and Fiscal Policy
    • Concept of Monetary Policy
    • Objectives and Instruments of Monetary Policy
    • Demand and Supply of Money
    • Concept of Fiscal Policy
    • Objectives and Instruments of Fiscal Policy
    • Significance of Fiscal Policy in Developing Countries
References
  • Abel, Andrew B., Bernanke, Bens & Croushore D. (2014). Macro Economics.New Delhi: Dorling Kindersley Pvt Ltd.
  • Chriystal, Lipsey (2011). Economics.U.K. Oxford University Press.
  • Paudyal, Kabita et. al. (2016), Macroeconomics, Kathmandu: Sopan Publication.
  • Dahal, Madhav P., Kafle, Snehalata, Lamsal, Mani R., Khadka, Ramesh, Adhikari, Gyanendra, Pokhrel, Binod/Poudyal, Trilochan (2015). Microeconomics.Kathmandu: Buddha Publications.
  • Dahal, Madhav P., Kafle, Snehalata, Mani R. Lamsal, Khadka, Ramesh, Adhikari, Gyanendra, Pokhrel, Binod, Poudyal, Trilochan (2015). Macroeconomics. Kathmandu: Buddha Publications.
  • Dewett,K.K., Verma, J.D. (2010). Elementary Economic Theory. New Delhi: S. Chand and Company Ltd.
  • Jhingan, M.L. (2013). Macro-economic Theory. Delhi: Vrinda Publication (P.) Ltd.
  • Lekhi, R.K./Singh, Joginder (2014). The Economics Development and Planning. New Delhi: Kalyani Publishers.
  • Mankiw, N. Gregory (2014). Principles of Micro economics. India: Cengage learning.
  • Mier, Gerald M. (1984). Leading Issues in Economic Development. New York: Oxford University Press.
  • Reejal, Pushkar Raj (1996). The Principles and Techniques of Development Planning. Kathmandu: Indira Reejal.
  • Ruffin, Roy J., Gergory Paul R. (1983). Principles of Macro economics. Dallas: Scott, Foresman and Company.
  • Shrestha, Rajendra Gopal, Adhikari, Gyan Mani (2010). Microeconomics: Text and Cases.Kathmandu: Asia Publications.
  • Shrestha, Rajendra Gopal, Adhikari, Gyan Mani (2014). Macroeconomics. Kathmandu: Sundevi Prenting Service.