Semester Courses/Delhi University BA (Hons) Economics/ECON004
ECON004DU · Semester 2
Introductory Macroeconomics
DU Semester 2 — National income accounting, money and banking, IS-LM framework, and aggregate demand.
Course Syllabus
- Basic issues studied in macroeconomics
- Measurements of GDP, income, expenditure and the circular flow
- Real versus nominal GDP; price indices
- National income accounting for open economy — balance of payments accounts; current, capital and financial accounts
- Functions of money; quantity theory of money
- Demand for money; determination of money supply and demand
- Credit creation; tools of monetary policy
- Derivations of the IS and LM curves
- Fiscal and monetary multipliers
- Derivation of aggregate demand
Reference Books
- Abel, A., Bernanke, B., & Croushore, D. (2011). Macroeconomics, 7th Edition. Pearson.
- Froyen, R. T. (2013). Macroeconomics: Theories and Policies, 10th Edition. Pearson.
- Blanchard, O. (2017). Macroeconomics, 7th Edition. Pearson.
- Dornbusch, R., Fischer, S., & Startz, R. Macroeconomics, 11th Edition. McGraw-Hill.
Who Will Teach You
S
Suman Ma'am
PhD Mathematics, University of Delhi
M
Mahima Ma'am
SRCC, DSE, NET Qualified
S
Samkith Sir
SXC, ISI MSQe Topper
S
Saurabh Sir
JNU, JRF Qualified
I
Insiya Ma'am
ISI, MSQe
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