DEPARTMENT - MANAGEMENT STUDIES

Course Pack
FOR
MACRO ECONOMICS-BBA461

BBA461 - MACRO ECONOMICS

Total Teaching Hours For Semester : 60 Total Teaching Hours For Semester : 4

Max Marks : 100 Credits : 4

Course Objectives/Course Description:

● To provide a strong base of macroeconomic principles and concepts relevant in managerial decision making.
● To enable the students to apply the knowledge in managerial decision making process.
● To enable the students to prescribe policies in the light of changing macroeconomic scenario.

Learning Outcome
This course intends to provide the basics of macroeconomic theory and polices in order to understand the influence
of external environment in doing business.The students are expected to understand the various macroeconomic
variables that determine income, output and employment.
Unit-1 Teaching Hours:10

Measuring a Nation?s Income and Cost of Living

Level of Knowledge: Basic / ConceptualEconomy’s Income and Expenditure, Measurement of GDP, Components
of GDP, Real versus Nominal GDP- The GDP Deflator-The Consumer Price Index- Calculation of CPI- GDP deflator
versus the CPI- Correcting economic variables for the effects of inflation- Real and Nominal Interest rates; The
limitations of using national income statistics
Unit-2 Teaching Hours:15

Goods and Money Market

Level of Knowledge: Basic / ConceptualSaving and Investment in the National Income Accounts- The Market for
Loanable Funds; Policy changes and impact on the market for loanable funds- Meaning and Functions of Money-
Banks and Money Supply; Money creation with 100 percent reserve banking and Fractional reserve banking-
Central Bank tools of Monetary Control- Classical theory of Inflation- Classical Dichotomy and Monetary Neutrality-
Velocity and Quantity equation- Fisher Effect- Costs of Inflation.
Unit-3 Teaching Hours:15

Aggregate Demand, Aggregate Supply &Influence of Monetary and Fiscal Policy on Aggregate
Demand
Level of Knowledge: Basic / Conceptual Three Key Facts about Economic Fluctuations, Short run
Economic Fluctuations, Aggregate Demand Curve, Aggregate Supply Curve, Two Causes of Economic
Fluctuations, Monetary Policy influence on Aggregate Demand- The Theory of Liquidity Preference- Fiscal Policy
influence on Aggregate Demand- The Multiplier Effect- Crowding out effect- Stabilisation Policy; Active Versus
Automatic Stabilizers
Unit-4 Teaching Hours:10

Short Run Tradeoff between Inflation and Unemployment

Level of Knowledge: Basic / ConceptualThe Philips Curve, Shifts in Philips Curve: The Role of Expectations, Shifts
in Philips Curve and The Role of Supply Shocks, The Cost of Reducing Inflation- Rational Expectations and the
possibility of costless disinflation
Unit-5 Teaching Hours:10

Six Debates over Macroeconomic Policy

Level of Knowledge: Basic / ConceptualMonetary and Fiscal Policy – Pros and Cons, Handling Recession: higher
spending vs. tax cuts, Monetary Policy: rule vs. discretion, Central Bank: zero inflation, Balanced Budget Debate,
Tax Law Reformation for Savings: debate.
Text Books And Reference Books:
1. N. Gregory Mankiw (2014). Principles of Macroeconomics, 6th Edition, Cengage Learning India.
Essential Reading / Recommended Reading:
1.Ackley, G. (1976) Macroeconomics, Theory and Policy, Macmillan Publishing Company, New York.2.Day. A.C.L.
(1960), Outline of Monetary Economics, Oxford University Press, New Delhi.3.Heijdra, B.J. and F.V. Ploeg (2001).
Foundations of Modern Macroeconomics, Oxford University Press, Oxford.4.Lewis, M.K. and P.D. Mizan (2000),
Monetary Economics, Oxford University Press, New Delhi.5.Shapiro, E. (1996), Macroeconomics Analysis, Galgotia
Publications, New Delhi.6.Dillard, D. (1960), The Economics of John Maynard Keynes, Crossby Lockwood and
Sons , London.7.Hanson, A.H. (1963), A Guide to Keynes, McGraw Hill, New York..8.Keynes, J.M. (1936), The
General Theory of Employment, Interest and Money, Macmillan, London.9.Farmer, Roger. (2001), Macroeconomics
II Edition ISBN.10.Stanley Fischer and Rudiger Dornbusch. Macro Economics London. Mac Graw-Hill.
Evaluation Pattern
1

Course Plan
Class Name : 4BBAB Subject Name : MACRO ECONOMICS

Subject Code : BBA461 Teacher Name : VARADURGA.BHAT

No of
Planned Date Unit Heading Details Method Reading/Ref
Hours
1. N. Gregory Mankiw (2014). Principles of
Saving and Investment
02/11/2017 Goods and Money Lecture and Macroeconomics, 6th Edition, Cengage Learning
04/11/2017 1.00 Unit-2 in the National Income
Market Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
Accounts,
Macro Economics London. Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
06/11/2017 Goods and Money The Market for Loanable Lecture and Macroeconomics, 6th Edition, Cengage Learning
11/11/2017 1.00 Unit-2
Market Funds, Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
Macro Economics London. Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
Policy changes and
13/11/2017 Goods and Money Lecture and Macroeconomics, 6th Edition, Cengage Learning
18/11/2017 2.00 Unit-2 impact on the market for
Market Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
loanable funds-
Macro Economics London. Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
20/11/2017 Goods and Money Meaning and functions Lecture and Macroeconomics, 6th Edition, Cengage Learning
25/11/2017 2.00 Unit-2
Market of money Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
Macro Economics London. Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
27/11/2017 Goods and Money Banks and Money Lecture and Macroeconomics, 6th Edition, Cengage Learning
02/12/2017 1.00 Unit-2
Market Supply Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
Macro Economics London. Mac Graw-Hill.
Money creation with 100 1. N. Gregory Mankiw (2014). Principles of
04/12/2017 Goods and Money percent reserve banking Lecture and Macroeconomics, 6th Edition, Cengage Learning
09/12/2017 2.00 Unit-2
Market and Fractional reserve Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
banking- Macro Economics London. Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
11/12/2017 Goods and Money Central Bank tools of Lecture and Macroeconomics, 6th Edition, Cengage Learning
16/12/2017 2.00 Unit-2
Market Monetary Control Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
Macro Economics London. Mac Graw-Hill.
The Classical Theory of 1. N. Gregory Mankiw (2014). Principles of
18/12/2017 Goods and Money Inflation Classical Lecture and Macroeconomics, 6th Edition, Cengage Learning
23/12/2017 2.00 Unit-2
Market Dichotomy and Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
Monetary Neutrality Macro Economics London. Mac Graw-Hill.
25/12/2017 Vacation
30/12/2017
1. N. Gregory Mankiw (2014). Principles of
Velocity and Quantity
01/01/2018 Goods and Money Lecture and Macroeconomics, 6th Edition, Cengage Learning
06/01/2018 2.00 Unit-2 equation- Fisher Effect-
Market Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
Costs of Inflation.
Macro Economics London. Mac Graw-Hill.
 Aggregate
Demand,
1. N. Gregory Mankiw (2014). Principles of
Aggregate Supply
08/01/2018 Three Key Facts about Lecture and Macroeconomics, 6th Edition, Cengage Learning
13/01/2018 2.00 Unit-3 and Influence of
Economic Fluctuations Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
Monetary and
Macro Economics London. Mac Graw-Hill.
Fiscal Policy on
Aggregate Demand
15/01/2018 Mid semester Exam
20/01/2018
Aggregate
Demand,
1. N. Gregory Mankiw (2014). Principles of
Aggregate Supply
22/01/2018 Short run Economic Lecture and Macroeconomics, 6th Edition, Cengage Learning
27/01/2018 2.00 Unit-3 and Influence of
Fluctuations, Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
Monetary and
Macro Economics London. Mac Graw-Hill.
Fiscal Policy on
Aggregate Demand
Aggregate
Demand,
1. N. Gregory Mankiw (2014). Principles of
Aggregate Supply
29/01/2018 Aggregate Demand Lecture and Macroeconomics, 6th Edition, Cengage Learning
03/02/2018 2.00 Unit-3 and Influence of
Curve Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
Monetary and
Macro Economics London. Mac Graw-Hill.
Fiscal Policy on
Aggregate Demand
Aggregate
Demand,
1. N. Gregory Mankiw (2014). Principles of
Aggregate Supply
05/02/2018 Lecture and Macroeconomics, 6th Edition, Cengage Learning
10/02/2018 2.00 Unit-3 and Influence of Aggregate Supply Curve
Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
Monetary and
Macro Economics London. Mac Graw-Hill.
Fiscal Policy on
Aggregate Demand
Aggregate
Demand,
1. N. Gregory Mankiw (2014). Principles of
Aggregate Supply
12/02/2018 Two Causes of Lecture and Macroeconomics, 6th Edition, Cengage Learning
17/02/2018 2.00 Unit-3 and Influence of
Economic Fluctuations Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
Monetary and
Macro Economics London. Mac Graw-Hill.
Fiscal Policy on
Aggregate Demand
Aggregate
Demand,
1. N. Gregory Mankiw (2014). Principles of
Aggregate Supply Monetary Policy
19/02/2018 Lecture and Macroeconomics, 6th Edition, Cengage Learning
24/02/2018 2.00 Unit-3 and Influence of influence on Aggregate
Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
Monetary and Demand,
Macro Economics London. Mac Graw-Hill.
Fiscal Policy on
Aggregate Demand
Aggregate
Demand,
1. N. Gregory Mankiw (2014). Principles of
Aggregate Supply
26/02/2018 Fiscal Policy influence Lecture and Macroeconomics, 6th Edition, Cengage Learning
03/03/2018 2.00 Unit-3 and Influence of
on Aggregate Demand Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
Monetary and
Macro Economics London. Mac Graw-Hill.
Fiscal Policy on
Aggregate Demand
Aggregate
Demand,
1. N. Gregory Mankiw (2014). Principles of
Aggregate Supply Stabilization Policy.
05/03/2018 Lecture and Macroeconomics, 6th Edition, Cengage Learning
10/03/2018 1.00 Unit-3 and Influence of Active Versus Automatic
Discussion Method India. 2..Stanley Fischer and Rudiger Dornbusch.
Monetary and Stabilizers
Macro Economics London. Mac Graw-Hill.
Fiscal Policy on
Aggregate Demand
1. N. Gregory Mankiw (2014). Principles of
12/03/2018 Macroeconomics, 6th Edition, Cengage Learning
17/03/2018 2.00 Revision Discussion
India. 2..Stanley Fischer and Rudiger Dornbusch.
Macro Economics London. Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
19/03/2018 Macroeconomics, 6th Edition, Cengage Learning
24/03/2018 2.00 Revision
India. 2..Stanley Fischer and Rudiger Dornbusch.
Macro Economics London. Mac Graw-Hill.

CIA 1
Component/Task 1
CIA Details
ASSIGNMENT TITLE : Aynalyse various methods of measurement of GDP of a nation, which do you think
is the best method? Compare the Real and the Nominal GDP of india for the past
decade , analyse the difference betweent them and explain the reasons for the reason
for the differnce between real and nominal values. OR the first component would be a
MCQ test. DETAILS : The students are supposed to write the assignment in A4 paper, and
submit before the deadline that is being given in the class. Printed work would not be
entertained. The title and the references has to be properly mentioned. The total marks would be 15
CIA Details will display form 10/11/2017
Learning Objective
Assignment Learning Objectives: THE FIRST COMPONENT WOULD BE AN ANASSESMEENT TO
TEST THE THEORTICAL KNOWLADGE OF THE STUDENT / TEST FURTHER, THE FIRST
COMPONENT AIMS TO 1) DEVELOP THE CONCEPTUAL FOUNDATIONS AND ANALYTICAL
METHODS USED IN MACRO ECONOMICS. 2) TO HELP THE STUDENTS DEVELOP A
GREATER UNDERSTANDING OF THE ECONOMIC PRINCIPLES ON A THEORETICAL LEVEL.
Assessment Strategies aligned to LO: ASSESSMENT STRATEGY HERE WOULD BE BASED ON
THE CONTENT OF THE ESSAY PRESENTED BY THE STUDENT. Technology Tools used along with
their Purpose: THE STUDENT SHOULD SUBMIT THE WRITTEN ASSIGNMENT TO THE TEACHER
FOR EVALUATION.
Assignment Learning Objectives: THE FIRST COMPONENT WOULD BE AN ANASSESMEENT TO
TEST THE THEORTICAL KNOWLADGE OF THE STUDENT / TEST FURTHER, THE FIRST
COMPONENT AIMS TO 1) DEVELOP THE CONCEPTUAL FOUNDATIONS AND ANALYTICAL
METHODS USED IN MACRO ECONOMICS. 2) TO HELP THE STUDENTS DEVELOP A
GREATER UNDERSTANDING OF THE ECONOMIC PRINCIPLES ON A THEORETICAL LEVEL.
Assessment Strategies aligned to LO: ASSESSMENT STRATEGY HERE WOULD BE BASED ON
THE CONTENT OF THE ESSAY PRESENTED BY THE STUDENT. Technology Tools used along with
their Purpose: THE STUDENT SHOULD SUBMIT THE WRITTEN ASSIGNMENT TO THE TEACHER
FOR EVALUATION.
Evaluation Rubrics
CRITERIA 1 2 3 4 5
COHERENCE student lists student lists student lists student lists Student lists
Misses most of several of the some of the most of the main all the main
the main points main points main points points points
CLARITY Student has not student has not student has only student has Student notes
noted any of the noted down noted some of noted many of down several
main points most details of the details the details details for
each main points each main
point
ACCURACY Facts are not Facts are Facts are Facts are Facts are
accurate accurate; accurate; accurate; Few accurate;
Sources are not sources are not sources are not sources are sources are
cited cited cited properly cited cited

Component/Task 2
CIA Details
ASSIGNMENT TITLE : Aynalyse the trends of the inflation in india for the past 10 years and find the
reasons for the inflation to show the trend that the student has analysed. Further comment on the nature
of infation that is there in the country like India. DETAILS : The students are supposed to write
the assignment in A4 paper, and submit before the deadline that is being given in the class. Printed work
would not be entertained. The title and the references has to be properly mentioned.
The total marks would be 15
CIA Details will display form 10/11/2017
Learning Objective
Assignment Learning Objectives:THE SECOND ASSESMENT WOULD BE BASED TO TEST THE
BASIC RESARCH SKILL OF THE STUDENT. FURTHER, THE SECOND COMPONENT AIMS TO
1) DEVELOP THE CONCEPTUAL FOUNDATIONS AND ANALYTICAL METHODS USED IN MACRO
ECONOMICS. 2) TO HELP THE STUDENTS DEVELOP A GREATER RESEARCH
ORIENTATION AND UNDERSTANDING OF ECONOMIC PRINCIPLES . Assessment Strategies
aligned to LO:ASSESSMENT STRATEGY HERE WOULD BE BASED ON THE RESEARCH CONTENT
OF THE ESSAY PRESENTED BY THE STUDENTTechnology Tools used along with their Purpose:
 THE STUDENT SHOULD SUBMIT THE WRITTEN ASSIGNMENT TO THE TEACHER FOR
EVALUATION.
Assignment Learning Objectives:THE SECOND ASSESMENT WOULD BE BASED TO TEST THE
BASIC RESARCH SKILL OF THE STUDENT. FURTHER, THE SECOND COMPONENT AIMS TO
1) DEVELOP THE CONCEPTUAL FOUNDATIONS AND ANALYTICAL METHODS USED IN MACRO
ECONOMICS. 2) TO HELP THE STUDENTS DEVELOP A GREATER RESEARCH
ORIENTATION AND UNDERSTANDING OF ECONOMIC PRINCIPLES . Assessment Strategies
aligned to LO:ASSESSMENT STRATEGY HERE WOULD BE BASED ON THE RESEARCH CONTENT
OF THE ESSAY PRESENTED BY THE STUDENTTechnology Tools used along with their Purpose:
THE STUDENT SHOULD SUBMIT THE WRITTEN ASSIGNMENT TO THE TEACHER FOR
EVALUATION.
Evaluation Rubrics
CRITERIA 1 2 3 4 5
COHERENCE student lists student lists student lists student lists Student lists
Misses most of several of the some of the most of the main all the main
the main points main points main points points points
CLARITY Student has not student has not student has only student has Student notes
noted any of the noted down noted some of noted many of down several
main points most details of the details the details details for
each main points each main
point
ACCURACY Facts are not Facts are Facts are Facts are Facts are
accurate accurate; accurate; accurate; Few accurate;
Sources are not sources are not sources are not sources are sources are
cited cited cited properly cited cited

CIA 3
Component/Task 1
CIA Details
ASSIGNMENT TITLE : Write an essay on the pros and cons of the new tax regime of GST in India tracing
its historyDETAILS : The students are supposed to write the assignment in A4 paper, and
submit before the deadline that is being given in the class. Printed work would not be
entertained. The title and the references has to be properly mentioned.
Word limit would be 800-1000. The total marks would be 15
CIA Details will display form 01/01/2018
Learning Objective
Assignment Learning Objectives: THE FIRST COMPONENT WOULD BE AN ANASSESMEENT TO
TEST THE THEORTICAL KNOWLADGE OF THE STUDENT / TEST FURTHER, THE FIRST
COMPONENT AIMS TO 1) DEVELOP THE CONCEPTUAL FOUNDATIONS AND ANALYTICAL
METHODS USED IN MACRO ECONOMICS. 2) TO HELP THE STUDENTS DEVELOP A
GREATER UNDERSTANDING OF THE ECONOMIC PRINCIPLES ON A THEORETICAL LEVEL.
Assessment Strategies aligned to LO: ASSESSMENT STRATEGY HERE WOULD BE BASED ON
THE CONTENT OF THE ESSAY PRESENTED BY THE STUDENT. Technology Tools used along with
their Purpose: THE STUDENT SHOULD SUBMIT THE WRITTEN ASSIGNMENT TO THE TEACHER
FOR EVALUATION.
Assignment Learning Objectives: THE FIRST COMPONENT WOULD BE AN ANASSESMEENT TO
TEST THE THEORTICAL KNOWLADGE OF THE STUDENT / TEST FURTHER, THE FIRST
COMPONENT AIMS TO 1) DEVELOP THE CONCEPTUAL FOUNDATIONS AND ANALYTICAL
METHODS USED IN MACRO ECONOMICS. 2) TO HELP THE STUDENTS DEVELOP A
GREATER UNDERSTANDING OF THE ECONOMIC PRINCIPLES ON A THEORETICAL LEVEL.
Assessment Strategies aligned to LO: ASSESSMENT STRATEGY HERE WOULD BE BASED ON
THE CONTENT OF THE ESSAY PRESENTED BY THE STUDENT. Technology Tools used along with
their Purpose: THE STUDENT SHOULD SUBMIT THE WRITTEN ASSIGNMENT TO THE TEACHER
FOR EVALUATION.
Evaluation Rubrics
CRITERIA 1 2 3 4 5
COHERENCE student lists student lists student lists student lists Student lists
Misses most of several of the some of the most of the main all the main
the main points main points main points points points
CLARITY Student has not student has not student has only student has Student notes
noted any of the noted down noted some of noted many of down several
main points most details of the details the details details for
each main points each main
point
ACCURACY Facts are not Facts are Facts are Facts are Facts are
accurate accurate; accurate; accurate; Few accurate;
Sources are not sources are not sources are not sources are sources are
cited cited cited properly cited cited

Component/Task 2
CIA Details
ASSIGNMENT TITLE : Write an essay on any two debates in the macro economics that has been thaught
in the calss and link it to the indian economy with examplesDETAILS : The students are
supposed to write the assignment in A4 paper, and submit before the deadline that is being given in the
class. Printed work would not be entertained. The title and the
references has to be properly mentioned. Word limit would be 800-1000. The total
marks would be 15
CIA Details will display form 01/01/2018
Learning Objective
Assignment Learning Objectives: THE SECOND ASSESMENT WOULD BE BASED TO TEST THE
BASIC RESARCH SKILL OF THE STUDENT. FURTHER, THE SECOND COMPONENT AIMS TO
1) DEVELOP THE CONCEPTUAL FOUNDATIONS AND ANALYTICAL METHODS USED IN MACRO
ECONOMICS. 2) TO HELP THE STUDENTS DEVELOP A GREATER RESEARCH
ORIENTATION AND UNDERSTANDING OF ECONOMIC PRINCIPLES . Assessment Strategies
aligned to LO: ASSESSMENT STRATEGY HERE WOULD BE BASED ON THE RESEARCH
CONTENT OF THE ESSAY PRESENTED BY THE STUDENTTechnology Tools used along with their
Purpose: THE STUDENT SHOULD SUBMIT THE WRITTEN ASSIGNMENT TO THE TEACHER FOR
EVALUATION.
Assignment Learning Objectives: THE SECOND ASSESMENT WOULD BE BASED TO TEST THE
BASIC RESARCH SKILL OF THE STUDENT. FURTHER, THE SECOND COMPONENT AIMS TO
1) DEVELOP THE CONCEPTUAL FOUNDATIONS AND ANALYTICAL METHODS USED IN MACRO
ECONOMICS. 2) TO HELP THE STUDENTS DEVELOP A GREATER RESEARCH
ORIENTATION AND UNDERSTANDING OF ECONOMIC PRINCIPLES . Assessment Strategies
aligned to LO: ASSESSMENT STRATEGY HERE WOULD BE BASED ON THE RESEARCH
CONTENT OF THE ESSAY PRESENTED BY THE STUDENTTechnology Tools used along with their
Purpose: THE STUDENT SHOULD SUBMIT THE WRITTEN ASSIGNMENT TO THE TEACHER FOR
EVALUATION.
Evaluation Rubrics
CRITERIA 1 2 3 4 5
COHERENCE student lists student lists student lists student lists Student lists
Misses most of several of the some of the most of the main all the main
the main points main points main points points points
CLARITY Student has not student has not student has only student has Student notes
noted any of the noted down noted some of noted many of down several
main points most details of the details the details details for
each main points each main
 point
ACCURACY Facts are not Facts are Facts are Facts are Facts are
accurate accurate; accurate; accurate; Few accurate;
Sources are not sources are not sources are not sources are sources are
cited cited cited properly cited cited

Course Plan
Class Name : 4BBAB Subject Name : MACRO ECONOMICS

Subject Code : BBA461 Teacher Name : JULIA.THOMAS

No of
Planned Date Unit Heading Details Method Reading/Ref
Hours
1. N. Gregory Mankiw (2014). Principles of
Macroeconomics, 6th Edition, Cengage Learning
Measuring a India. 2. Ackley, G. (1976) Macroeconomics,
06/11/2017 Three Key Facts about
11/11/2017 1.00 Unit-1 Nation?s Income Lecture/Discussion Theory and Policy, Macmillan Publishing
Economic Fluctuations
and Cost of Living Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
Macroeconomics, 6th Edition, Cengage Learning
Measuring a The model of Aggregate India. 2. Ackley, G. (1976) Macroeconomics,
13/11/2017 2.00 Unit-1 Nation?s Income demand and aggregate Lecture/Discussion Theory and Policy, Macmillan Publishing
18/11/2017
and Cost of Living supply Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.
Aggregate 1. N. Gregory Mankiw (2014). Principles of
Demand, Macroeconomics, 6th Edition, Cengage Learning
Aggregate Supply Reasons for downward India. 2. Ackley, G. (1976) Macroeconomics,
20/11/2017 2.00 Unit-3 and Influence of sloping aggregate Lecture/Discussion Theory and Policy, Macmillan Publishing
25/11/2017
Monetary and demand curve Company, New York. 3..Stanley Fischer and
Fiscal Policy on Rudiger Dornbusch. Macro Economics London.
Aggregate Demand Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
Macroeconomics, 6th Edition, Cengage Learning
Short Run Tradeoff India. 2. Ackley, G. (1976) Macroeconomics,
27/11/2017 Shifting of Aggregate
02/12/2017 2.00 Unit-4 between Inflation Lecture/Discussion Theory and Policy, Macmillan Publishing
Demand curve
and Unemployment Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
Macroeconomics, 6th Edition, Cengage Learning
Short Run Tradeoff India. 2. Ackley, G. (1976) Macroeconomics,
04/12/2017 Vertical aggregate
09/12/2017 2.00 Unit-4 between Inflation Lecture/Discussion Theory and Policy, Macmillan Publishing
supply curve
and Unemployment Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
Macroeconomics, 6th Edition, Cengage Learning
Short Run Tradeoff India. 2. Ackley, G. (1976) Macroeconomics,
11/12/2017 Shifting of Aggregate
16/12/2017 2.00 Unit-4 between Inflation Lecture/Discussion Theory and Policy, Macmillan Publishing
supply cruve
and Unemployment Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
Macroeconomics, 6th Edition, Cengage Learning
Short Run Tradeoff Why the aggregate India. 2. Ackley, G. (1976) Macroeconomics,
18/12/2017 1.00 Unit-4 between Inflation supply curve slopes Lecture/Discussion Theory and Policy, Macmillan Publishing
23/12/2017
and Unemployment upward in the short run? Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
Macroeconomics, 6th Edition, Cengage Learning
Short Run Tradeoff India. 2. Ackley, G. (1976) Macroeconomics,
01/01/2018 Shifting of aggregate
06/01/2018 1.00 Unit-4 between Inflation Lecture/Discussion Theory and Policy, Macmillan Publishing
supply curve
and Unemployment Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
Macroeconomics, 6th Edition, Cengage Learning
Short Run Tradeoff India. 2. Ackley, G. (1976) Macroeconomics,
08/01/2018 Two causes of economic
13/01/2018 2.00 Unit-4 between Inflation Lecture/Discussion Theory and Policy, Macmillan Publishing
fluctuations
and Unemployment Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.
Short Run Tradeoff
15/01/2018 1.00 Unit-4 between Inflation Mid Semester Exam
20/01/2018
and Unemployment
22/01/2018 1.00 Unit-4 Short Run Tradeoff Two causes of economic Lecture/Discussion 1. N. Gregory Mankiw (2014). Principles of
 Macroeconomics, 6th Edition, Cengage Learning
India. 2. Ackley, G. (1976) Macroeconomics,
between Inflation Theory and Policy, Macmillan Publishing
27/01/2018 fluctuations
and Unemployment Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
Macroeconomics, 6th Edition, Cengage Learning
Six Debates over India. 2. Ackley, G. (1976) Macroeconomics,
29/01/2018 Monetary Policy and
03/02/2018 3.00 Unit-5 Macroeconomic Lecture/Discussion Theory and Policy, Macmillan Publishing
aggregate demand
Policy Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
Macroeconomics, 6th Edition, Cengage Learning
India. 2. Ackley, G. (1976) Macroeconomics,
05/02/2018 The theory of liquidity
10/02/2018 1.00 Lecture/Discussion Theory and Policy, Macmillan Publishing
preference
Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
Macroeconomics, 6th Edition, Cengage Learning
Six Debates over India. 2. Ackley, G. (1976) Macroeconomics,
12/02/2018 Changes in money
17/02/2018 2.00 Unit-5 Macroeconomic Lecture/Discussion Theory and Policy, Macmillan Publishing
supply
Policy Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
Macroeconomics, 6th Edition, Cengage Learning
Six Debates over India. 2. Ackley, G. (1976) Macroeconomics,
19/02/2018 Fiscal policy and
24/02/2018 2.00 Unit-5 Macroeconomic Lecture/Discussion Theory and Policy, Macmillan Publishing
aggregate demand
Policy Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
Macroeconomics, 6th Edition, Cengage Learning
Six Debates over India. 2. Ackley, G. (1976) Macroeconomics,
26/02/2018 2.00 Unit-5 Macroeconomic Multiplier effect Lecture/Discussion Theory and Policy, Macmillan Publishing
03/03/2018
Policy Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
Macroeconomics, 6th Edition, Cengage Learning
Six Debates over India. 2. Ackley, G. (1976) Macroeconomics,
05/03/2018 Crowding out effect;
10/03/2018 2.00 Unit-5 Macroeconomic Lecture/Discussion Theory and Policy, Macmillan Publishing
Change in taxes
Policy Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
Macroeconomics, 6th Edition, Cengage Learning
Six Debates over India. 2. Ackley, G. (1976) Macroeconomics,
12/03/2018 2.00 Unit-5 Macroeconomic Active stabilisation policy Lecture/Discussion Theory and Policy, Macmillan Publishing
17/03/2018
Policy Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.
1. N. Gregory Mankiw (2014). Principles of
Macroeconomics, 6th Edition, Cengage Learning
Six Debates over India. 2. Ackley, G. (1976) Macroeconomics,
19/03/2018 2.00 Unit-5 Macroeconomic Revision Lecture/Discussion Theory and Policy, Macmillan Publishing
24/03/2018
Policy Company, New York. 3..Stanley Fischer and
Rudiger Dornbusch. Macro Economics London.
Mac Graw-Hill.

CIA 1
Component/Task 1
CIA Details
Assessment based either on testing of subject knowlege or a research based assessment The first
component would be an assessment of 15 marks conducted as a MCQ. The second component would be
a written assignment to test the basic research skills of the student.
CIA Details will display form 13/11/2017
Learning Objective
Assignment Learning Objectives:To develop research and analyctical skills of the student on the
subject matter covered in the syllabus. Another objective is to provide a comprehensive and a more
indepth understanding of economic theories and phenomenon. Assessment Strategies aligned to LO:
Conducting of MCQ'S, written assignments and class presentations. Technology Tools used
along with their Purpose:Online research and knowledge sharing through the LMS.
Assignment Learning Objectives:To develop research and analyctical skills of the student on the
subject matter covered in the syllabus. Another objective is to provide a comprehensive and a more
indepth understanding of economic theories and phenomenon. Assessment Strategies aligned to LO:
Conducting of MCQ'S, written assignments and class presentations. Technology Tools used
along with their Purpose:Online research and knowledge sharing through the LMS.
Evaluation Rubrics
2 assignment components of 15 marks each.
CIA 3
Component/Task 1
CIA Details
Assessment based either on testing of subject knowlege or a research based assessment The first
component would be an assessment of 15 marks conducted as a MCQ. The second component would be
a written assignment to test the basic research skills of the student.
CIA Details will display form 14/12/2017
Learning Objective
Assignment Learning Objectives: To develop research and analyctical skills of the student on the
subject matter covered in the syllabus. Another objective is to provide a comprehensive and a more
indepth understanding of economic theories and phenomenon. Assessment Strategies aligned to LO:
Conducting of MCQ'S, written assignments and class presentations. Technology Tools used along
with their Purpose: Online research and knowledge sharing through LMS.
Assignment Learning Objectives: To develop research and analyctical skills of the student on the
subject matter covered in the syllabus. Another objective is to provide a comprehensive and a more
indepth understanding of economic theories and phenomenon. Assessment Strategies aligned to LO:
Conducting of MCQ'S, written assignments and class presentations. Technology Tools used along
with their Purpose: Online research and knowledge sharing through LMS.
Evaluation Rubrics
2 assignment components of 15 marks each.