Week :12-13 Introduction to Macroeconomics and National Income
Introduction to Macroeconomics: Introduction of different concepts of NATIONAL INCOME i.e gross domestic product (GDP), Gross national product (GNP), Net National Product (NNP) National Income (NI) Personal Income (PI) Personal disposable income (PDI) and measurement of GDP: product, Income and Expenditure: Circular flow of national income.
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Course Material
- Week : 1-2 Introduction to Economics and Preliminaries
- Week : 3-4 Consumer Behavior
- Week : 5-6 Demand, Supply and Elasticities
- Week : 7-8 Revenue, Cost and Production
- Week : 9 Mid Term Exam
- Week :10-11 Market Structure and Firm’s Behavior
- Week :12-13 Introduction to Macroeconomics and National Income
- Week :14-15 Public Finance & Taxation and Components of Aggregate Demand
- Week :16-17 International Trade, Money and Banking
- Week :18 Final Term Exam
- Chapters 10
- Department Statistics
- Teacher
Mr. Rajinder Parkash
