1. Basic Issues of Macro Economics 2. Measurement of National Income 3. Circular Flow of Income 4. Price Index 5. National Income Accounting for an Open Economy 6. Balance of Payment : Current and Capital Account 7. Definition and Function of Money 8 .Theory of Money : Quantity Theory and Cambridge Theory 9. Determination of Demand for Money 10. Determination of Supply of Money 11. Creation of Credit 12. Tools of Monetary Policy 13. Inflation and Its Social Cost 14. Unemployment : The Trade off between Unemployment and Inflation 15. Classical Theory 16. Say’s Law of Markets 17. Keynesian System 18. Simple Keynesian Model of Income Determination 19. Saving Function 20. Investment Function 21. Flow’s of Goods and Capitals in Open Economy 22. Exchange Rate 23. The Mundell-Fleming Model and Determination of Saving and Investment 24. Interest Rate and Interest Rate Differential.