Business Economics II University of Mumbai BMS 4th Sem Notes

09/04/2020 3 By indiafreenotes

Unit 1 Introduction to Macroeconomics Data and Theory {Book}
Macroeconomics Meaning, Scope and Importance		VIEW
Circular flow of aggregate income and expenditure		VIEW
Closed and open economy Models		VIEW
The Measurement of National product: Meaning and Importance		VIEW
Conventional and Green GNP		VIEW
NNP Concept		VIEW
Relationship between National income and Economic Welfare		VIEW
Short run economic fluctuations		VIEW
Features and Phases of Trade cycle	VIEW	VIEW
The Keynesian principal of Effective Demand:		VIEW
Aggregate Demand and Aggregate Supply		VIEW
Consumption function, Investment function		VIEW
Effects of investment Multiplier on change in income and output		VIEW

Unit 2 Money, Inflation and Monetary Policy {Book}
Money Supply: Determinants of Money Supply	VIEW
Factors influencing Velocity of Circulation of Money	VIEW
Demand for Money	VIEW
Classical and Keynesian approaches of Demand for Money	VIEW
Keynesian liquidity preference theory of interest	VIEW
Money and Prices	VIEW
Quantity Theory of Money	VIEW
Fisher equation of exchange	VIEW
Cambridge cash balance approach	VIEW
Inflation	VIEW
Demand Pull inflation	VIEW
Cost push inflation	VIEW
Effects of inflation, Nature of inflation in Developing countries	VIEW
Monetary Policy: Meaning, Objectives and instruments	VIEW
Inflation Targeting	VIEW

Unit 3 Constitutes of Business Policy {Book}
Role of a Government to provide Public goods	VIEW
Principles of Sound and Functional finance	VIEW
Fiscal policy: Meaning, objectives	VIEW
Contra cyclical Fiscal policy	VIEW
Discretionary Fiscal Policy	VIEW
Instruments of Fiscal Policy:	VIEW
Canons of Taxation	VIEW
Factors influencing incidence of Taxation	VIEW
Effects of taxation Significance of Public expenditure	VIEW
Social security contributions- Low-income Support and Social Income Policy	VIEW
Public Debt: Types	VIEW
Fiscal Solvency	VIEW
Burden of Debt finance	VIEW
Union Budget: Structure, Deficit	VIEW
Fiscal Responsibility and Budget Management Act	VIEW

Unit 4 Open economy: Theory and Issues of International Trade {Book}
The Basis of International Trade		VIEW
Ricardo’s Theory of Comparative cost advantage, Gains from Trade		VIEW
The Heckshers-ohlin theory of factor endowments		VIEW
Terms of Trade, Meaning and Types		VIEW
Factors determine terms of trade		VIEW
Free Trade vs Protected Trade	VIEW	VIEW
Foreign Investment		VIEW
Foreign portfolio investment, Benefits		VIEW
Foreign Direct Investment, Merits		VIEW
Role of Multinational corporations		VIEW
Balance of Payments: Structure		VIEW
Types of Disequilibrium		VIEW
Measures to correct disequilibrium in BPO		VIEW
Foreign Exchange and foreign exchange Market		VIEW
Spot and Forward rate of exchange		VIEW
Hedging		VIEW
Speculation and Arbitrage	VIEW	VIEW
Fixed and Flexible exchange rate		VIEW
Managed flexibility		VIEW