P-04: Basic macroeconomics M-27 Lucas Supply CurveM-30 Inflation : historical background. hyperinflations : causes and effectsM-01 Introduction: issues studied in macroeconomics, schools of macroeconomicM-02 Circular flow of income and expenditureM-37 Fiscal Shocks: Immediate Impact, Adjustment Path and Long Run EquilibriumM-34.Dynamics in AD -AS Model : Stability and Convergence to Long Run Steady StateM-35 Dynamics in AD -AS Model : Formulation of Policy and ExpectationM-36 Monetary Shocks : Long Run Equilibrium, Adjustment PathM-32 Real versus Nominal Rates of Interest : Fisher EquationM-31 Social and economic costs of inflation, distinction between anticipated and unanticipated inflationM-33 Expectations Augmented AD and AS curvesM-28 AD – AS interactions and simultaneous equilibrium in goods market, capital market and labor marketM-26 Rational expectations hypothesisM-25 Adaptive expectations hypothesisM-29 Long Run Neutrality of MoneyM-22 Factors affecting slope and position of aggregate demand curveM-21 The concept of aggregate demand curveM-23 The concept of aggregate supply curveM-24 The role of expectations in macroeconomicsM-20 Transmisam Michnisam : Factor Determinig Effectiveness of Moneytary Policy IS-LM model M-17 Modern theory of cost : short run and long runM-18 Empirical evidence on the shape of cost curvesM-19 Derivation of cost functionsM-16 Traditional theory of costM-14 Assets Market Equilibrium : Portfolio Choice and Walras LawM-13 Goods market Equilibrium : IS CruveM-15 Money Market Equilibrium : LM CurveM-12 Investment and Rate of InterestM-09 Keynesian Theory of Income DeterminationM-11 Multiplier Analysis in an Open EconomyM-08 Classical theory : money marketM-07Classical Theory : Goods MarketsM-10 Simple keynesian multiplierM-05 Distinction between real and nominal variables; price index numbersM-06 Classical Theory : Labour MarketM-04. National Income: MeasurementM-03 National income : concepts Related Content:Certificate Courses - IGNOUMaster’s Degree Programmes / Courses - IGNOUPG Diploma Programmes - IGNOUBachelor’s Degree Programmes / Courses - IGNOUDiploma Programmes - IGNOU