Introduction To Macro Economics

Introduction to Macroeconomics

[object Object],[object Object],Economic analysis

[object Object],[object Object],[object Object],[object Object],Economic analysis

[object Object],[object Object],[object Object],Economic analysis

Session Outline ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Classification of Economics ,[object Object],[object Object],[object Object]

[object Object],[object Object],Development of Macroeconomics

Development of Macroeconomics ,[object Object],[object Object]

Development of Macroeconomics ,[object Object]

The Goals of Macroeconomic Policy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Full employment ,[object Object]

High level of output (GDP) ,[object Object],[object Object],[object Object]

Price Stability ,[object Object],[object Object]

Sustainable Balance of Payments ,[object Object],[object Object],[object Object]

Economic growth ,[object Object],[object Object],[object Object],[object Object]

Basic Concepts ,[object Object],[object Object],[object Object]

Basic Concepts in Macroeconomics ,[object Object]

Basic Concepts in Macroeconomics ,[object Object],[object Object],[object Object],[object Object],[object Object]

Diagnosing Health of the Economy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Policy Instruments ,[object Object],[object Object]

Fiscal Policy ,[object Object]

Fiscal policy ,[object Object]

Monetary Policy ,[object Object]

Monetary Policy ,[object Object],[object Object]

Exchange Rate Policy ,[object Object],[object Object]

Employment Policy ,[object Object],[object Object]

Price and Incomes Policy ,[object Object]

International Trade Policy ,[object Object],[object Object],[object Object]

The Circular Flow of Income ,[object Object],[object Object],[object Object]

Two-Sector Economy (When All Income is Consumed) Household Sector Private Consumption (C) Rs.1000 Productive Sector Wages and Profits (i.e. income (Y) Rs.1000

Closed Economy Household Sector Private Consumption (C) Rs.800 Productive Sector Wages and Profits (i.e. income (Y) Rs.1000 Savings (S) Rs.200 Investment Rs.200

Open Economy Household Sector Private Consumption (C) Rs.800 Productive Sector Wages and Profits (i.e. income (Y) Rs.1000 Savings (S) Rs.100 Imports (M) Rs.50 Taxes (T) Rs.50 [Withdrawals (W) Rs.200] Investment (I) Rs.80 Exports (E) Rs.60 Government Expenditure (G) Rs.60 [Injections (J) Rs.200]

Introduction To Macro Economics

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Introduction To Macro Economics