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Eco Sem 3

The document outlines the syllabus for the Business Economics - III course (CECO301) for the S.Y. B.Com program at Jai Hind College, effective from the academic year 2019-20. It covers macroeconomic concepts, including national income, Keynesian economics, money supply, inflation, and unemployment, with a total of 40 credits and 3 lectures per week. The evaluation scheme consists of continuous assessment and a semester-end examination.

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aaravpatel0219
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35 views4 pages

Eco Sem 3

The document outlines the syllabus for the Business Economics - III course (CECO301) for the S.Y. B.Com program at Jai Hind College, effective from the academic year 2019-20. It covers macroeconomic concepts, including national income, Keynesian economics, money supply, inflation, and unemployment, with a total of 40 credits and 3 lectures per week. The evaluation scheme consists of continuous assessment and a semester-end examination.

Uploaded by

aaravpatel0219
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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JAI HIND COLLEGE

BASANTSING INSTITUTE OF SCIENCE


&
J.T.LALVANI COLLEGE OF COMMERCE
(AUTONOMOUS)
"A" Road, Churchgate, Mumbai - 400 020, India.

Affiliated to
University of Mumbai
Program: S.Y. B.Com
Proposed Course: BUSINESS ECONOMICS - III
Credit Based Semester and Grading System (CBCS) with effect from
the academic year 2019-20

1
S.Y. B.Com. Business Economics –III Syllabus
Academic year 2019-2020
Semester III

Course Course Title Credits Lectures


Code /Week
CECO301 Business Economics – III 04 03
(Macroeconomic Aspects)

2
Semester III – Theory
Course: Business Economics - III (Macroeconomic Aspects) (Credits : 04
CECO301 Lectures/Week:03 )

Objectives:
1) To introduce the students to basic macroeconomic concepts and their
application
2) To introduce students to Keynesian and post Keynesian developments in
Macroeconomics
Outcomes:
Macroeconomics has an extensive, substantive as well as methodological content
as it deals with the functioning of the economy as a whole. The objective of the
course is to familiarize the students with the basic concept of Macroeconomic
theories and their relevance in policy making.

Introduction to Macroeconomics 15 L
1) Circular flow of income and expenditure in two sector, three
Unit I sector and open economy models
2) National Income concepts: Gross, Net, Green National Income
3) Trade cycles; Say’s law of markets
Basic Concepts of Keynesian Economics 10L
1) Principle of Effective demand,
Unit II 2) Consumption function
3) Investment function and investment multiplier
Money and Prices 10L
1) Constituents and determinants of Money supply
Unit III 2) Classical theory of demand for money
3) Keynesian approach to demand for money
Inflation and Unemployment 10 L
Unit IV 1) Inflation – meaning and classification
2) Demand pull and cost push inflation - effects
3) Monetary and fiscal measures to control inflation
4) Philips curve – unemployment and inflation

Textbook & Reference Books:

1. Dornbusch(2018), 13th edition, Fischer and Startz, Macroeconomics, McGraw Hill


2. N. Gregory Mankiw, 8th edition, Macroeconomics, Worth Publishers
3. Olivier Blanchard (2009), 5th edition, Macroeconomics, Pearson Education, Inc.

3
Evaluation Scheme

[A] Evaluation scheme for Theory courses

I. Continuous Assessment ( C.A.) - 40 Marks

(i) C.A.-I : Test – 20 Marks of 40 minutes duration

(ii) C.A.-II : Assignments and presentations

II. Semester End Examination ( SEE)- 60 Marks

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