Unveiling National Income, Central Banking, Keynesian Theory, Government Budgeting, and Open Economy Components.

What you'll learn
1. Acquire knowledge of fundamental terms such as domestic income, national income, normal residents, propensity to consume and save, and many more.
2. Understand and comprehend the significance of macroeconomics, functions of the RBI and its monetary policy, fiscal policy, and government expenditure.
3. Apply various concepts and develop proficiency by solving numerical problems related to national income, multiplier, budget, and many more.
4. Analyze NNP, GDP, macroeconomic identities, creation of money, consumption, investment, excess and deficient demand, and impact on output and revenue.
5. Examine the components of the revenue and the capital account in a government budget.
6. Evaluate deficit, balance of payment surplus, fixed and flexible exchange rates, managed floating and determination of exchange rate.

Requirements
Prior familiarity with computers is necessary for effective navigation through the course.