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Macro Economics syllabus

ECO 2027 units · 31 topicsAcademic year 2083/84
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Macro Economics

7 units

1. Introduction to Macroeconomics (2 LHs)

  1. Meaning and Scope of Macroeconomics
  2. Static and Dynamic Analysis
  3. Macroeconomics and Business Environment

2. National Income Accounting (7 LHs)

  1. Circular Flow of Income and Expenditure
  2. Concepts of National Income and GDP
  3. Approaches to Measuring National Income
  4. Difficulties in Measuring National Income

3. Consumption, Saving and Investment (8 LHs)

  1. Consumption and Saving Functions
  2. Investment Function
  3. Paradox of Thrift and Acceleration Coefficient

4. Theories of National Income Determination (12 LHs)

  1. Classical Theory of Output and Employment
  2. Keynesian Model of Income Determination
  3. Multipliers
  4. IS-LM Model of Income Determination
  5. Fiscal and Monetary Policy Mix

5. Inflation, Unemployment and Business Cycles (7 LHs)

  1. Inflation: Meaning, Types, Theories, and Effects
  2. Computation of Inflation Rate
  3. Deflation and Stagflation
  4. Unemployment: Meaning, Types, and Costs
  5. Business Cycles and Economic Stabilization

6. Macroeconomic Policies (5 LHs)

  1. Macroeconomic Policy: Meaning and Objectives
  2. Money Supply
  3. Monetary Policy
  4. Fiscal Policy and Deficit Financing
  5. Budget: Meaning and Components

7. Macroeconomic Issues: Nepalese Perspective (7 LHs)

  1. Balance of Payments
  2. Exchange Rate and Its Determination
  3. Economic Growth and Development
  4. Privatisation, Liberalisation, and Globalization
  5. Market Failure and Foreign Direct Investment
  6. Foreign Employment