Welcome to Prashant Publications

Rs. 295.00 10% OFF
Availability: 10 left in stock

range of topics, including 4 Chapters. It comprehensively covers all prescribed topics, including money, money supply, inflation, credit creation, interest rates, and monetary policy, in a simple and student-friendly manner....

Guaranteed safe checkout:

apple paygoogle paymasterpaypalshopify payvisa

Orders ship within 5 to 10 business days.

Hoorey ! This item ships free to the US

Monytory Economics
- +

range of topics, including 4 Chapters. It comprehensively covers all prescribed topics, including money, money supply, inflation, credit creation, interest rates, and monetary policy, in a simple and student-friendly manner. The content is systematically presented with updated information, illustrations, and exam-oriented multiple-choice questions at the end of each chapter. Designed as both a textbook and reference guide, this book aims to help students understand key macroeconomic concepts and develop sound economic reasoning for academic success.
In writing this book, we have diligently referred to the recommended books suggested by the Board of Studies in Economics. Additionally, we have consulted research papers by various experts, Open University materials, and reliable online sources. To aid in exam preparation, objective multiple-choice questions, aligned with the university’s evaluation pattern, are included at the end of each chapter.

1. Introduction to Money.........................................7
1.1. Definitions and Meaning of Money
1.2 Evolution of Money from Vedic Period
1.3 Functions of Money
1.4 Introduction to Demand for Money
1.5 Theory of Demand for Money:
1.5.1 Classical theory
1.5.2 Keynesian theory
1.5.3 Friedman’s theory
1.6 Value of Money: Concept and Definitions
1.7 Quantity Theory of Money (Fisher and Cambridge Equation)

2. Supply of Money.................................................54
2.1 Concepts of Near Money, Legal Money, Standard and Token Money
2.2 Credit creation by commercial banks and its limitations
2.3 Credit control instruments: Quantitative and Qualitative
2.4 Supply of Money and High-Powered Money
2.5 RBI’s Money Measure:
2.5.1 M1, M2, M3 and M4
2.5.2 M0, M1, M2, M3

3. Inflation and Deflation................................107
3.1 Definition and Meaning of Inflation
3.2 Real Inflation and Nominal Inflation
3.3 Concepts and Measure of Wholesale Price Index and Consumer Price Index (WPI and CPI)
3.4 Demand Pull Inflation, Cost Push Inflation, and Stagflation
3.5 Causes and Effects of Inflation
3.6 Phillips Curve: Short Run and Long Run
3.7 Deflation: Definition and Effects

4. Monetary Policy...............................................167
4.1 Objectives of Macro Economic Policy (Growth, Employment and Price Stability)
4.2 Monetary policy and Fiscal policy (Overview) to stabilize economy
4.3 Monetary policy by rule Monetary Policy Committee (MPC): Inflation targeting
4.4 The Short term and Long-Term interest rates
4.5 Measures to encourage savings and investments

Model Question Paper...................................211

References.............................................................213

💬

Chat with us