P22 Macro Economics Lucknow University B.com NEP Notes

Unit 1 [Book]  
Concept and Scope of Macro-Economics VIEW
Important Difference between Microeconomics and Macroeconomics VIEW
Macro-economic Paradoxes, Wage-employment Paradox and Paradox of thrift VIEW
The Circular flow of Income and Expenditure VIEW
The Analysis and Measurement of Economic Activity VIEW
National Income Accounting VIEW
Concept and Definitions of National Income VIEW
Various components of National Income VIEW
Methods of Measurement of National Income and Welfare VIEW
Unit 2 [Book]  
Classical Macroeconomic Models VIEW
Say’s Law VIEW
Quantity Theory of Money VIEW
Wage-Price Flexibility and Full employment VIEW
Aggregate Expenditure VIEW
Consumption Function VIEW
Concepts of propensities of Consumption and Saving VIEW
Absolute Income Hypothesis VIEW
Relative Income Hypothesis VIEW
Permanent Consumption Hypothesis VIEW
Consumption Puzzle VIEW
Investment Function, Types VIEW
Marginal Efficiency of Capital (MEC) VIEW
Marginal Efficiency of Investment (MEI) VIEW
Unit 3 [Book]  
The Concept of Multiplier VIEW
National Income Determination in an Open Economy VIEW
IS-LM Analysis, Derivation of IS and LM Functions VIEW
Joint Determination of National Income and Rate of Interest and Shift and IS and LM Curves VIEW
Unit 4 [Book]  
Theory of Inflation, Meaning, Types and Measurement, Effects of Inflation VIEW
Important differences Demand Pull and Cost Push Inflation VIEW
The Philips Curve VIEW
Anti-Inflation Policies, Monetary and Fiscal Policies VIEW
Business Cycles, Concept, Types and Phases, KEYNES, HAWTREY, HICKS Models VIEW

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