अर्थशास्त्र (Economics)

An excellent book with thorough coverage for MA and BA classes, also very helpful for the students preparing for various competitive and professional examinations.

Paper I  :  समष्टि अर्थशास्त्र (Macro Economics)

1. Concept of Macro Economics 2. Circular Flow of Income 3. National Income : Various Concepts 4. National Income Accounting 5. National Income and Economic Welfare 6. The Classical Theory of Employment 7. Theory of Keynesian Employment 8. Propensity to Consume, Save & Investment 9. Multiplier and Acceleration Principles 10. Investment Function and Marginal Efficiency of Capital 11. Keynesian Theory of Liquidity Preference & Liquidity Trap 12. Discount Rate 13. Meaning and Functions of Money 14. Stock of Money & Its Measures M1, M2, M3 and M4 15. Quantity Theory of Money, 16. Inflation, Deflation & Recession 17. Bank : Meaning & Types 18. Central Banking & Its Functions 19. Reserve Bank of India 20. Monetary Policy : Objectives & Limitations 21. Commercial Banks & Credit Creation 22. Mudra Yojana & Jan-dhan Yojana, 

Paper II :  सार्वजनिक वित्त और अंतर्राष्ट्रीय अर्थशास्त्र (Public Finance and International Economics)

1. Public Finance : Meaning, Nature and Scope 2. Public, Private and Merit Goods 3. Principle of Maximum Social Advantage 4. Sources of Public Revenue 5. Kinds of Taxes : Direct and Indirect 6. G.S.T.—Format and Computing Process 7. Taxable Capacity in India 8. Budget : Definition and Preparation 9. Various Concepts of Budget Deficit 10. Fiscal Policy 11. Deficit Financing 12. Central-State Financial Relation (With Constitution of 15th Finance Commission) 13. International Trade (Meaning and Importance) 14. International and Inter-Regional Trade 15. International Trade and Economic Development 16. Theories of International Trade (Absolute and Comparative Advantage) 17. Modern Theory of International Trade or Heckscher-Ohlin Theory 18. Terms of Trade : Meaning, Concepts and Types 19. Tariff & Non-Tariff Barriers 20. World Trade Organisation (W.T.O.) 21. Balance of Trade and Balance of Payment 22. Foreign Capital Flow 23. Foreign Trade in India (Trends & Direction) 24. Exchange Rate and Its Determination 25. Devaluation and Over Valuation.