Macroeconomics
Course Name:
Macroeconomics (SM255M)
Programme:
B.Tech Minor in Economics
Semester:
Fourth
Category:
Program Core (Pc)
Credits (L-T-P):
(3-0-0) 3
Content:
The Economic Problem: Scarcity and Choice; Introduction to Macroeconomics, Measuring National Output and National Income; Classical Theory - Unemployment, Inflation, and Long-Run Growth; Aggregate Demand and Equilibrium Output - The Keynesian Theory of Consumption, The Government and Fiscal Policy - Government in the Economy, Fiscal Policy at Work: Multiplier Effects; Aggregate Supply – Phillips curve; Government Policy Debates.
References:
1. Mankiw, G. and Taylor, M.P. Macroeconomics, 7th Edition, Cengage, 2017.
2. Case, K.E., Fair, R.C., Oster, S.M., Principles of Macroeconomics, 13th Edition, Pearson, 2017.
3. Dornbusch, R., Fischer, S., and Startz, R., Macroeconomics, 12th Edition, Mc Graw Hills 2018.
4. McDonnell, C., Brue, S., and Flynn, S., Macroeconomics: Principles, Problems, and Policies, Irwin Professional Pub; Student, Student edition, 2014.
5. Several research articles.
Department:
Humanities, Social Sciences and Management
