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.

  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
  • 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.
Fourth Semester

BPA 403: Basics of Public Policy

The objective of this course is to introduce students the basic concept and principles of public policy that will enable them to understand policy making issues and it relevance in the contemporary society.

  1. Introduction to Public Policy
    • Context of public policy
    • Concepts of public policy and policy analysis
    • Nature of public policy
    • Types of public policy
    • Scope of public policy
    • Significance of studying public policy
  2. Theories of Policy Making
    • Pluralism
    • Elitism
    • Institutionalism
    • Functionalism
  3. The Policy Making Process
    • Components of the policy making process
    • Problems and Issues
    • Policy agenda
    • Actors & Institutions
    • Resources
    • Factors influencing policy making process
    • Concept of Policy cycle
  4. Policy Implementation
    • Elements of implementation
    • Implementers
    • Approaches to policy implementation
      • Top-down model
      • Bottom-up model
    • Conditions for effective implementation
  5. Policy Monitoring and Evaluation
    • Concept of policy monitoring and policy evaluation
    • Functions of evaluation
    • Evaluators
    • Criteria of policy evaluation
    • Problems of policy evaluation
  • Adhikari, Dhruba (2061). Public Policy Analysis. Kathmandu: Pairabi Prakashan. (In Nepali)
  • Anderson, James E. (2010). Public Policy Making: An Introduction. UK: Wadsworth Cengage Learning
  • Cochran, Charless L & Malone, Eloise F. (2007). Public Policy: Perspectives and Choices. New Delhi: Viva Books Private Limited.
  • Devkota, Satish, Chandra (2060). Public Policy Analysis. Kathmandu: Ratna Pustak Bhandar.
  • Farohock, Fread M. (1979). Public Policy: Scope and Logic. New Jersey: Prentce –Hall INC Englewood cliffs.
  • Hill, Michael & Hupe, Peters (2006). Implementing Public Policy: Governance in Theory and Practice. New Delhi: Sage Publications.
  • Howlett, Michael, M Ramesh (2003). Studying Public Policy: Policy Cycles and Policy Sub Systems. New York: Oxford University.
  • Joshi, Shyam (2062). Economic Policy Analysis. Kathmandu: Taleju Prakashan.
  • King, Gary, Keohane, Robert O & Verba, Sidney (1994). Designing Social Inquiry. Research. New Jersey: Princeton University press.
  • Layder, Derek (2005). Sociological Practice: Linking Theory and Social Research. New Delhi: Sage Publications.
  • Pandey, Yubraj (2069.) Public Policy Formulation, Implementation Monitoring Evaluation and Analysis of Public Policy. Kathmandu: Vidhyarthi Pustak Bhandar.
  • Paul, Devik (1995). Public Policy Formulation and Implementation in India. Delhi: Devika Publications.
  • Rana, Rajib Bikram (2014). Aspects of Public Policy. Kathmandu: Kantipur College of Public Management.
  • Reejal Pushkar Raj (2003). Fundamental of Public Policy Analysis. Kathmandu: Pairabi Prakashan.
  • Sahni, Pradeep (1987). Public Policy: Conceptual Dimension. India: Kitab Mahal.
  • Sapru, R.K. (2014). Public Policy: Formulation, Implementation and Evaluation. New Delhi: Sterling Publishing Private Limited.
  • Sapru, R.K. (2011). Public Policy: Art and Craft of Policy Analysis. New Delhi: PHI Learning Private Limited.
  • Saxena, Pradeep K. (Ed) (1993). Comparative Public Policy. Delhi: Rawat Publications