Ramnaren Sar

Post Graduate Diploma in Management schoolman socio- economic class 2011-12 Term: II Course form of address:MACROECONOMICS Credits:4 region: Economics Course teachers: |teacher 1 |Ganesh Kumar N. |E-mail |ganesh@iimidr.ac.in | |Instructor 2 |Dipayan D. Chaudhuri |E-mail |dipayan@iimidr.ac.in | |Instructor 3 |Pradyumna Dash |E-mail |pradyumna@iimidr.ac.in | Objectives: The class aims at aid participants understand the complex macroeconomic environment, which confronts business. The participants lead be subject to understand the rationale behind the e conomic insurance polity announcements and anticipate policy changes. The pattern volition enclothe participants with analytic tools to decipher the make of economic policy announcements, particularly financial and Fiscal policy, on crucial macroeconomic factors such as interest rate, income, inflation, etc. The rails covers macro economic meditation and its applications particularly to the Indian context. The main theoretical framework for the note will be IS-LM and Aggregate Demand Aggregate Supply. We drop a line down the course with understanding issue income accounts. We then aline up with simple models of national income determination, and relax the assumptions to set up more than complex models. These models are necessary to understand and break down the effects of fiscal and monetary policy on the economy. The course will help participants to develop analytical skills to understand the monetary policy announcements of the central banks and broad fisc al policies of the government and their mee! t on the economy. In the context of globalization of economies, we will hold forth the linkages of national economy with global economy and explore interdependencies among...If you fatality to substantiate a full essay, order it on our website: BestEssayCheap.com

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