Economics Course
Module 1
4 Topics
Measuring National income | Product Method | Income Method | Expenditure Method | Deflator
Circular Flow of Income | Importance and Role in Different sectors of Economy
Trade Cycles | Phases of Trade Cycle | Theories of Trade Cycle | Controlling trade cycles
Aggregate Demand | Aggregate Supply | Keynes Theory of Income Determination
Key Concepts of Economics
43 Topics
Acceleration Principle | Limitations | Capital Output Ratio | Super Multiplier Theory
Theory of Multiplier | Multiplier Theory | Keynes Multiplier | Concepts, Examples & Formula
Supply of Money | Components of Money Supply | Money Multipler and its Ratios | Velocity of Money
IS-LM Model | IS Curve – Derivation & Slope | LM Curve – Derivation & Shift
Demand for Money | Money Demand | Keynesian Theory | Total Demand for Money
Liquidity Preference Theory of Interest | Rate of Interest | Change in Demand & Supply of Money
Keynesian Theory of Employment | Aggregate Demand Function | Aggregate Supply Function
Inflation – Characteristics, Calculation, Causes, Types, Effects | Deflation | Stagflation
Inflation Part 2 | Concepts of Inflation | Types of Inflation
Inflation Part 3 | Causes of Inflation | Effects of Inflation | How to Control Inflation
Monetary Policy | Instruments | Objectives | Quantitative and Qualitative Control Measures
Fiscal Policy | Meaning, Objectives and Instruments of Fiscal Policy
Commercial Banking | Primary & Secondary Functions | Liabilities & Assets of Commercial Banks
Commercial Banking Part 2 | Liquidity and Profitability of Banks
Public Revenue | Types of Public Revenue | Tax Revenue & Non-Tax Revenue
Impact of Taxation | Shifting of Taxation | Effects of Taxation | Concepts of Incidence
Factors Influencing Incidence of Taxation | Elasticity of Demand | Elasticity of Supply
Public Expenditure Classification | Dalton’s Classifications | Hick’s Classification
Public Debt | Role of public Debt | Types of Public Debt | Management of Public Debt
Balance of Payments | Disequilibrium in BOP | Monetary & non monetary measures
Budgeting | What is Budget | 10+ Types of Budget | Deficits | Concepts and Examples
International Trade | Domestic Trade vs International Trade | Absolute Cost Difference
Exchange Rates | Exchange Rate System | Fixed Exchange Rate | Flexible Exchange Rate
Trade Policy | Protectionism | Arguments for Free trade
World Bank | Structure, Functions & Operations of World Bank | International Monetary Fund
World Trade Organization or WTO | Objective, Features, Role, Impact and Dispute Settlement
Principle of Maximum Social Advantage | Marginal Social Sacrifice | Social Benefit
Modern Trends in Public Finance – Principles of Functional Finance
Introduction to Business Economics – Importance of Microeconomics and Macroeconomics
What is Demand? Different Types of Demand and understanding Demand Function
Demand Curves – Nature of Demand Curve Under Different Markets
Elasticity of Demand – Part 1 – Different types of Elasticity of Demand
Elasticity of Demand Part 2 – Measuring Elasticity of Demand and Factors influencing Elasticity
Demand Estimate and Demand Forecasting – Objectives, Methods and Experiments
The Theory of Production Part 1
Theory of Production Part 2 – Law of Variable Proportions – Types of Production Functions
Theory of Production Part 3 – Economies of Scale (Internal and External)
Cost Concepts – Fixed costs, Variable Costs, Total Cost, Marginal Cost and other Types of Costs
Break Even Analysis – Concept and Computation
Market Structure & Perfect Competition – Types of Market structure explained
Monopoly & Monopolistic Markets – Equilibrium Explained
Oligopoly Market – Concept and Characteristics
Pricing Practices in Economics – Marginal Cost Pricing, Transfer Pricing and others
Course Certification
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Trade Cycles | Phases of Trade Cycle | Theories of Trade Cycle | Controlling trade cycles
Economics Course
Module 1
Trade Cycles | Phases of Trade Cycle | Theories of Trade Cycle | Controlling trade cycles
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