Macro Economics (OBCOM-DS-202)

Dr. Preeti Chhabra
Last Update September 21, 2021
1 already enrolled

About This Course

By the end of the course, student shall be able to:

Explain major macroeconomic variables

Discuss the macroeconomic impacts of monetary and fiscal policies

Explain micro foundations to various aggregative concepts

Develop sensitivity towards macroeconomic issues


59 Lessons20m

Unit 1: Introduction


L1: Introduction to macroeconomics

L2: Difference between micro economics and macro economics

L3: Macroeconomic schools of thought- Classical and Keynesian economy

Unit 2: National Income

L4: Circular flow of national income

L5: Aggregates of national income

L6: Methods of calculating national income

L7: Numericals

L8: National income and economic welfare

Unit 3: Closed Economy in the Short Run: The Keynesian Model

L9: Keynesian model of income determination

L10: Consumption function

L11: Saving & Investment functions

L12: Concepts of MPC, MPS, APC and APS

L13: Equilibrium and the determination of Income (AD-AS and S-I approaches)

L14: Simple investment multiplier: Concept and working

L15: Paradox of thrift

Unit 4: Macro Economic Equilibrium and Policy

L16: Full Employment Equilibrium

L17: Under and Over Employment Equilibrium

L18: Inflationary and deflationary gaps

l19: Role of monetary policy

L20: Role of fiscal policy

Unit 5: Aggregate Demand and Aggregate Supply Model

L21: Aggregate demand and aggregate supply in the short run

L22: Aggregate demand and aggregate supply in the long run

L23: Shifts in aggregate demand curve

L24: Shifts in aggregate supply curve

L25: Inflation: Meaning, types

L26: Inflation: Causes & Control

L27: Unemployment: Meaning and types

L28: Phillips curve

Unit 6: Product Market and Money Market: IS-LM Model

L29: Introduction to IS-LM Model

L30: The IS curve: derivation and interpretations for a two sector model

L31: Numericals

L32: The LM curve: derivation and interpretations for a two sector model

L33: Numerical

L34: Simultaneous equilibrium

L35: Numerical

L36: Monetary policy in the IS-LM framework

L37: Monetary policy in the IS-LM framework

L38: Fiscal policy in the IS-LM framework

L39: Fiscal policy in the IS-LM framework

Your Instructors

Dr. Preeti Chhabra

Assistant Professor

4 Courses
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Duration 20 minutes
59 lectures
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