Ramnaren Sar

Post Graduate Diploma in Management academic socio- economic class 2011-12 Term: II Course ennoble:MACROECONOMICS Credits:4 region: Economics Course teachers: |teacher 1 |Ganesh Kumar N. |E-mail |ganesh@iimidr.ac.in | |Instructor 2 |Dipayan D. Chaudhuri |E-mail |dipayan@iimidr.ac.in | |Instructor 3 |Pradyumna Dash |E-mail |pradyumna@iimidr.ac.in | Objectives: The class aims at component part participants understand the complex macroeconomic environment, which confronts business. The participants lead be satisfactory to understand the rationale behin d the economic insurance polity announcements and anticipate policy changes.

The pattern volition enclothe participants with analytical tools to decipher the make of economic policy announcements, particularly pecuniary and Fiscal policy, on crucial macroeconomic factors such as interest rate, income, inflation, etc. The persist covers macro economic supposal and its applications particularly to the Indian context. The main theoretical framework for the fly the coop will be IS-LM and Aggregate Demand Aggregate Supply. We compile down the course with understanding issue income accounts. We then deposit up w ith simple models of national income determi! nation, and relax the assumptions to set up more than complex models. These models are necessary to understand and dissect the effects of fiscal and monetary policy on the economy. The course will help participants to develop analytical skills to understand the monetary policy announcements of the central banks and broad fiscal policies of the government and their stupor on the economy. In the context of globalization of economies, we will dissertate the linkages of national economy with global economy and explore interdependencies among...If you deprivation to substantiate a full essay, order it on our website: OrderCustomPaper.com

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