UNIT -I Macro Economics

1. Nature and Importance of Macro Economics 2.Concepts, Components and Measurement of National Income 3. Conceptual and Statistical Difficulties involved in Measure-ment or Estimating National Income 4. National Income Accounting or Social Accounting 5. Incorporation of Environmental Concern in National Accounts : Green Accounting 6. Say's Law of Market 7. The Classical Theory of Employment and Income-Keynes Objections to the Classical Theory 8. Keynesian Theory of Output and Employment-Aggregate Demand and Aggregate Supply Functions-The Principle of Effective Demand 9. Consumption Function-Average and Marginal Propensity to Consume-Factors influencing Consumption Spending 10. The Investment Multiplier and its Effectiveness in L.D.Cs. 11. Theory of Investment-Autonomous and Induced Invest-ment-Marginal Efficiency of Capital 12.Saving and Investment-Exante and Ex-past Equality and Equilibrium 13. Rate of Interest-Classical, Neo-Classical and Keynesian Theories of Interest 14. The Concept of Accelerator 15. Trade Cycle-Nature and Characteristics-Hawtrey's Monetary Theory-Hayek's Over-Investment Theory-Keynes view on Trade Cycle-Samuelson and Hicks Multiplier and Accelerator Interaction Model-Control of Trade Cycles 16. The Concepts of Economic Growth and Economic Development 17. Sources/Elements/Factors of Economic Development 18. Harrod-Domar Models of Economic Development 19. New-Classical Growth Models-Economic Growth and Technical Progress-Solow's Long Run Growth Model 20. Macro Economic Theories of Distribution 21. Cobweb Theorem or Cobweb Theory/Model 22. Capital Stock Adjustment and Investment 23. Wages and Employment Pigou Effect or Wealth Effect or Real Balance Effect,

UNIT - I Money, Banking and Public Finance

(A) Money

1. Definition and Functions of Money 2. Nature and Importance of Money 3. Classification of Money 4. Supply of Money and High Powered Money 5. Gresham’s Law 6. Value of Money and Index Number 7. Quantity Theory of Money 8. Inflation and Deflation 9. Finance : Meaning, Role, Objective and Kinds 10. Financial System : Meaning, Components and Importance 11. Financial Intermediaries 12. Financial Market : Instrument and their Functions 13. Gold Standard-Forms 14. International Gold Standard, 

(B) Banking

1. History of the Development of Indian Banking System 2. Bank : Definition and Functions 3. Classification and Importance of Banks 4. Organisation of Commercial Banks 5. State Bank of India 6. Investment Policy of Commercial Banks 7. Defects and Economic Reforms of Indian Banking System 8. Electronic Banking 9. Credit, Credit Instruments and Credit Creation 10. Indian Banking Legislation : Banking Regulation Act, 1949, 11. Regional Rural Banks 12. Co-operative Banks 13. National Banks for Agriculture and Rural Development-NABARD 14. Central Banking or Apex Banking 15. Reserve Bank of India 16. Credit Control Policy of the Reserve Bank of India 17. Monetary Policy 18. Institutional Financial Institutions 19. Balance Sheet of a Bank 20. International Monetary Fund 21. World Bank and Other International Financial Institutions 22. Interest Rates 23 .Inflation and Interest Rates in India

(C) Public Finance

 1. Public Finance : Meaning, Nature, Scope, Importance and Difference Between Private Finance and Public Finance 2. Principle or Doctrine of Maximum Social Welfare/ Advantage 3. Budget Structure and Classification 4. Public Expenditure : Meaning, Classification and Canons of Public Expenditure 5. Effects of Public Expenditure 6. Main Trends of Public Expenditure and Causes of Growth in Public Expenditure in India 7. Sources of Public Revenue : Its Meaning and Classification 8. Taxation, Principles or Canons of Taxation : Classification of Taxes 9. Ability to Pay Tax and Problem of Justice in Taxation and Principles of Justice in Taxation 10 .Taxable Capicity-its Meaning and Determination 11. Effects of Taxation 12. Incidence, Impact and Shifting of Tax 13. Public Debt–Defference Between Private and Public Debt, Classification of Public Debt–Sources of Public Debt 14. Effects of Public Debt and Methods of Public Debt Redemption 15. Position of Public Debt in India-High Growth and Effects of Public Debt in India 16. Deficit Financing in India 17. Financial Administration 18. Public Budget–Meaning, Classification, Defference Between Domestic Budget and Government Budget, Budget Surplus– Budget Deficit–Revenue and Capital Budget–Classification of Economic and Functional Budget 19. Zero Base Budget 20. Process of Preparing and Passing of Budget in India 21. Union Finance–Sources of Revenue and Expenditure of Central Government of India 22. Local Finance 23. Indian Tax System 24. Financial Relations Between Centre and States–Allocation of Resources 25. Finance Commission and State Finance Commission.