1. National Income Analysis-Concepts 2. Methods of Measurement of National Income 3. Circular Flow of Income 4. Government and Foreign Sectors in National Income Accounts 5. Determination of National Income and Employment in Classical Theory 6. Determination of National Income and Employment under Keynesian Theory 7. Monetary Theories of Trade Cycle  8. Value of Money : Fisher and Cambridge Approach-Income and Expenditure Approach and Keynes Quantity Theory 9. Prices : Inflation and Deflation (Monetary Approach, Keynesian Approach Non-Monetary Theories of Inflation, Effects of Deflation, Relationship between Inflation and Unemployment (Philips Curve) Okun’s Law and Concept of Stagflation) 10. Banking : Types and Functions-Structure and Management 11. Assets and Liabilities of Banks 12. Creation of Money (Credit) by Banks 13. Commercial Banking–Principles and Practices 14. Indian Banking System-Progress of Commercial Banks after Nationalisation-Recent Trends in Indian Banking 15. Central Banking–Instruments of Monetary Control and other Functions 16. Indian Monetary Market-Structure-Concept and Sources of Money Supply 17. Reserve Bank of India-Regulatory and Promotional Functions 18. Foreign Exchange-Concept, Demand and Supply of Foreign Exchange, External Value of Money–Deter-mination of Exchange Rate in Gold Standard-Purchasing Power Parity Theory 19. International Monetary Fund : I.M.F. 20. International Bank of Reconstruction and Development (I.B.R.D.) or World Bank 21. Exchange Control-Meaning, Objectives and Methods.