Weekly Plan

Sr. No

Topics Description

Weeks

01

National Income, Concept of national income-GNP, NNP, NI, PI, Personal Disposable Income, transfer payments, Circular flow of national income.

1 - 2 Week

02

Measurement of national income: National income at market price, at factor cost; Measurement of national product in current price and in constant prices.

3 - 4 Week

03

Trade cycle: Phases, Causes & remedies, Theory of trade cycles (Keynes theory). Employment and theories of unemployment,  

5 - 6 Week

04

Consumption, Keynesian Psychological law of consumption, Consumption function, saving function, Investment multiplier, Inflationary and deflationary gaps under  Keynesian theory. Inflations kinds, Causes & Remedies. 

7 - 8 Week

05

Mid Term Exam

09 - Week

06

Value of money: quantity theory of Money, Liquidity preference theory and Motive to save (Money demand of Keynes)

10 - 11 Week

07

Money Multiplier. Concept of M1 and M2 (Money supply)

12 - 13 Week

08

Public Finance: Meaning, difference between private and public finance, revenue and expenditure of public bodies, Kinds of taxes and Cannons of taxes fiscal policy.

14 – 15 Week

08

Balance of payments, Exchange rates and trade: Balance of trade, Causes of Disequilibrium and measures. Exchange rate (Basic concept) Policy mix.

Economic in islam: Economic role in state of Islam, Zakat and Usher.    

16 – 17 Week

10

Final Exam

18- Week