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UNIVERSITY OF DELHI DELHI SCHOOL OF ECONOMICS

DEPARTMENT OF ECONOMICS Minutes of Meeting

Subject : B.A. Programme Semester IV Course : Principles of Macroeconomics II Date : Thursday 14.01.2016

Venue : Department of Economics, Delhi School of Economics, University of Delhi

Chair : Prof. Shreekant Gupta Attended by :

1 Supriti Mishra Shyamlal Day

2 Puja pal JDMC

3 Bibek Kr. Rajak Dayal Singh 4 Anil Kumar Ramjas College 5 Anjali Agarwal Motilal Nehru

6 Sushant LSR

7 Ritu Khana Daulat Ram

8 Navin Kumar Lakshmibai College 9 Shailaja S. Thakur SVC

10 Nidhi Bagaria Satyawati College 11 Poonam Kalra St. Stephen’s

12 Divya Gupta Mata Sundri College 13 Reena Bajaj Sri Aurobindo

14 Mamta IP College

15 Saumya Shukla MA College

Text: Case, Karl E. & Ray C. Fair, Principles of Economics, Pearson, 8th ed. 2007.

Examples from Indian economy from Economic Survey (2014-15) Volume 2 should be used to illustrate conceptual material in the textbook instead of US economy:

http://indiabudget.nic.in/

http://indiabudget.nic.in/es2014-15/echapter-vol2.pdf

Economic Survey (2014-15) Volume 2, Chapter 1. State of the Economy – An Overview

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Chapter wise Readings:

Unit 1. IS-LM Analysis

Chapter 25 Pages 543 to 560

Unit 2. GDP and Price Level in Short Run and Long Run Chapter 26 Pages 561 to 584

Unit 3. Inflation and Unemployment

Chapter 27 Pages 585 to 602

Economic Survey (2014-15) Vol 2, Ch 9, pp. 134-137 (in lieu of Box on page 588).

Unit 4. Balance of Payments and Exchange Rate Chapter 34 Pages 721 to 746

Economic Survey (2014-15) Vol 2, Ch 4, pp. 60-62 (in lieu of Table 34.1 on p. 723).

Assessment:

Internal Evaluation: There will be two class tests of 10 marks each and 5 marks for attendance.

End Semester Exam: Students will be required to answer 5 questions (15 marks each) out of 7. There will be one compulsory question (15 marks) comprising short notes having

internal choice which would cover the entire course. Students will also be required to answer 4 out of the remaining 7 questions (15 marks each). Each question may have parts from different units.

Referensi

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