NATIONAL INCOME

PART 1st

1. BASIC CONCEPT OF MACRO ECONOMICS AND CIRCULAR FLOW OF INCOME

NATIONAL INCOME

PART 2nd

2. CONCEPTS OF NATIONAL INCOME

NATIONAL INCOME

PART 3rd

3. MEASUREMENT OF NATIONAL INCOME

MONEY AND BANKING

Money : Meaning and Function

Central Bank and Commercial Bank : Meaning and their Functions

GOVERNMENT BUDGET

Meaning, Component And Types of Deficit

DETERMINATION OF INCOME AND EMPLOYMENT

INCOME DETERMINATION

Aggregate demand, Aggregate supply, Consumption function and Concept of Multiplier

PROBLEM OF DEFICIENT AND EXCESS DEMAND

Meaning, Reason, Impact and Measures to correct deficient as well as Excess demand

BALANCE OF PAYMENT

Meaning, Importance, Component and Balance of Payment deficit

FOREIGN EXCHANGE RATE

Meaning, Fixed , Flexible and Managed Floating Exchange Rate

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