Macro Economics is a distinctive subject of the course in economics. It examines, explores and analyses aggregate economic behavior of households, firms and government sectors of a developing economy.
This course is designed for All Odisha Universities and Autonmous Colleges in the region of Odisha for students of Economics Honours. Macro Economics have specific aims at providing a clear understanding of various concepts, principles and ideas of the subject matter involved.
Contents –
MODULE – I
1. Introduction to Macro Economics
2. National Income
3. Circular Flow of National Income
4. Classical Theory of Income and Employment
5. Classical Theory of Interest Rate
MODULE – II
6. Keynesian Theory of Income and Employment
MODULE – III
7. Concept of Multiplier and Accelerator