Macro Economics Practical

Paper Code: 
CBBA 202
Credits: 
2
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

Course Objectives:

• Calculate national income aggregates and Analyse the policy requirements of an economy based on income aggregates

• Compare the Classical and the Keynesian theories and Associate them with the current macroeconomic concepts

• Calculate national macroeconomic variables and analyze the effect of Fiscal and Monetary policy measures on them

• Analyze the role of money, credit, and RBI monetary policy on Economy aggregates

Course Outcomes (COs): 

 

Learning outcomes

(at course level)

Learning and teaching strategies

Assessment

Strategies

  
 

CO 235: Calculate national income aggregates and Analyse the policy requirements of an economy based on income aggregates

CO 236: Compare the Classical and the Keynesian theories and  Associate them with the current macroeconomic concepts

CO 237: Calculate national macroeconomic variables and analyze the effect of Fiscal and Monetary policy measures on them

CO 238: Analyze the role of money, credit, and RBI monetary policy on Economy aggregates

CO 239: Examine the causes and types of Inflation and Identify the consequences of Inflation.

Approach in teaching:

Interactive Hours, Discussion, Tutorials, Reading assignments, Demonstration, Team teaching

 

Learning activities for the students:

Self learning assignments, Effective questions, Simulation, Seminar presentation, Giving tasks, 3D models

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

  

 

6.00
Unit I: 
Unit I

Practical questions based on Measurement of macroeconomic variables and Multiplier effect

6.00
Unit II: 
Unit II

Case studies based on Classical theory of income and employment and Keynesian theory of Income and employment

6.00
Unit III: 
Unit III

Project work based on IS-LM model

6.00
Unit IV: 
Unit IV

Project work based on IS-LM model

6.00
Unit V: 
Unit V

Case studies based on Inflation and Open Economy

Essential Readings: 

1. Froyen, R.P. (2011): Macroeconomics-theories and policies (8th ed.) . Pearson:
2. Dornbusch and Fischer (2010). Macroeconomics (9thed.). Tata McGraw Hill
3. N Gregory Mankiw (2010). Macroeconomics (7thed.). Worth Publishers
4. Olivier Blanchard, Macroeconomics (2009). (5thed.) Pearson

Academic Year: 
2020-2021
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