The course deals with different approaches used to measure national income, problems encountered in the measurement of national income. It focuses on the determination of national income, concept of multiplier for closed as well as open economies. It emphasises on the accelerator principle, inflation and unemployment. It also discusses theories of money, fiscal and monetary policies as well as the effect of government and international policies on the national economy.
Course Code:
ECO 102
No. of Credits:
3
Level:
Level 100
Course Semester:
Second Semester
Select Programme(s):
Human Resource Management