1. The Nature, Background and Scope of Macro Economics 2. National Income Accounting and Circular Nature of Income Flows 3. National Income-Various Concepts and Measurement 4. Definition, Functions, Importance & Classification of Money 5. Demand and Supply of Money and Supply of Money in India-With High Powered Money 6. Value of Money and It’s Determination-Quantity Theory of Money : Fisher and Cambridge Equation 7. Milton Friedman’s Reformulation of Quantity Theory of Money and It’s Further Development 8. Changes in the Value of Money-Inflation, Deflation, etc. 9. Demand-Pull and Cost-Push Inflation and Phillips Curve 10. Measurement of the Value of Money : Index Numbers 11. Theory of Employment : A General Discussion 12. The Classical Theory of Employment & Say’s Law of Market 13. Theory of Keynesian Employment 14. Propensity to Consume or Consumption Function 15. Various Theories of Consumption Function (Absolute Income Hypothesis, Relative and Permanent Income Hypothesis) 16. Multiplier and Acceleration Principles and Income Determi-nation 17. Investment Function and Marginal Efficiency of Capital 18. Keynesian Thought : An Analysis 19. Keynesian and Classical Theory of Employment : A Comparative Study 20. Saving and Investment Equality (Classical & Keynes’ View-point) 21. Theory of Income Determination (General and Keynesian Analysis) 22. Various Theories of Interest 23. Trade Cycle (Meaning, Types, Characteristics, Phases, Monetary and Non-Monetary Theories of Trade Cycles and Control) 24. Commercial Bank (Definition, Types, Functions, Importance and Organization), 25. Central Banking (Functions of the Central Bank) 26. Reserve Bank of India 27. Monetary Policy : Objectives and Tools 28. Monetary Regulation in India (Monetary Policy of Reserve Bank of India) 29. Fiscal Policy and It’s Instruments 30. Role and Inter-relationship between Fiscal and Monetary Policy 31. Deficit Financing 32. Devaluation 33. Indian Money Market 34. Theory of Comparative Cost 35. Modern Theory of International Trade 36. Terms of Trade 37. Gains from International Trade 38. Balance of Payment & Balance of Trade 39. The Rate of Foreign Exchange : Kinds and Determination (Including Fixed and Floating Exchange Rate) 40. Exchange Control (Objectives and Method 41. Macro Theories of Distribution (Ricardo, Marx and Kaldor) 42. Growth Model : Meaning & Application and Model of Harrod Domar 43. Classical Model of Growth and Marx’s Model 44. International Monetary Fund-IMF 45. International Bank for Reconstruction and Development-IBRD 46. International Development Association-IDA 47. International Finance Corporation-IFC 48. International Liquidity-Special Drawing Rights and New Monetary System 49. Public Expenditure (Meaning, Principles and Increasing Trend of Public Expenditure in India) 50. Classification of Taxes 51. Impact and Incidence of Taxation 52. Taxable Capacity.
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