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Macroeconomic variables – Stock and Flow Variables - Exogenous and
Endogenous Variables- General Equilibrium and Edgeworth Box- Macro
models-Macroeconomic Goals and Instruments- Inflation-
Unemployment-Poverty

Unit 3: Contemporary Economics

Monopoly- Oligopoly- Cartels-Mergers and Acquisitions-Multi National
Corporations Financial Inclusion-Markets-Budget-RBI- NITI Ayog-Exchange
Rate- Bilateral and Multilateral Trade

References

1. Pindyck, R.S., Rubinfeld, D. L., & Mehta, P. L. (2013) Microeconomics (Seventh edition),
Pearson Education Prentice Hall.

2. Salvatore, D. (2003) Microeconomics Theory and Applications (Fourth Edition), Oxford
University Press.

3. Snyder, Christopher and Walter, Nicholson (2017) Microeconomic Theory-Basic Principles
and Extensions, Cengage Learning.

4. Varian, Hal R.(2010) Intermediate Microeconomics: A Modern Approach, 8th Edition, W.W
Norton and Company/ Affiliated east- West Press( India).

5. Dornbusch, Fischer and Startz, Macroeconomics, McGraw Hill, 11th edition, 2010.

6. N. Gregory Mankiw. Macroeconomics, Worth Publishers, 7th edition, 2010.

7. Richard T. Froyen, Macroeconomics, Pearson Education Asia, 2nd edition, 2005.

th
8. Paul.A. Samuelson and William Nordhaus, Economics, McGraw Hill, 19 Ed.

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