The course enables the students to:
* Compare Classical and Keynesian Approaches to Inflation.
*Understand the Phillips Curve.
*Compare the concepts of Monetarism and Fiscalism.
*Develop an understanding about Rational Expectations Hypothesis.
*Develop an understanding about the concept Real Business Cycle Theory.
*Understand Neo Keynesian and Disequilibrium Models.
*Evaluate Post Keynesian Theories.
*Understand the concept and theories of New Keynesian Macro Economics.
*Analyze Insider Outsider Models.
This course is designed to explore business strategy and business phenomena under different market conditions specially under the leading market form of Oligopoly. The course develops skills in decision making in a variety of business situations. The course explores the collusive as well as non collusive behaviour of business including international cartels. the course critically examines the traditional theories of firm and attempts to explore new ones and issues of distribution and equilibrium. The course is handled by Dr. Madhusudhanan Nair M S and Dr. Aparna S
This paper examines the relationship between economic growth and economic development while taking a look at important sources of economic growth. Additionally, we identify some common characteristics that many less economically developed countries share in common. The paper also intended to explain the multidimensional nature of economic development in terms of reducing widespread poverty, raising living standards, reducing income inequalities, and increasing employment opportunities