Business Economics II Sem IV (Mumbai Univ)

ISBN Number : 978-93-5273-679-9

Student Price : Rs.180

Student Dollar Price : 7$

Book Edition : First

Year of Publication : 2018

No. Of Pages : 296

Book Weight :0

About The Book

We are pleased to present the book on "Business Economics-II" for Second Year BMS, BBI, BIM and BFM, Semester IV, University of Mumbai with effect from the Academic Year 2017-18.

This book is designated to enable the students to understand the subject with its deepness. The book will also cater to the needs of all those desiring to make a mark in the field of Business Economics.

The work in the present book is very simple presentation of the facts and figures based on knowledge and learning.

This book is also useful for students appearing for the professional and competitive examinations.

The book covers the various topics such as in Unit-I: Introduction to Macroeconomic Data and Theory Money: has covered Macroeconomics, Circular Flow of Aggregate Income and Expenditure, The Measurement of National Product, Short Run Economic Fluctuations, The Keynesian Principle of Effective Demand, Unit-II Includes Money Supply, Demand for Money, Money and Prices, Inflation, Monetary Policy. Unit-III consists of Role of a Government, Fiscal Policy, Instruments of Fiscal Policy, and Union Budget. The last Unit-IV focuses on open economy: Theory and issues of international trade includes the Basis of International Trade, Foreign Investment, Balance of Payments, Foreign Exchange and Foreign Exchange Market.

The present book has strong capacity to understand the terminologies and concepts given in the syllabus with the latest data statistics. The book is written in a very simple and lucid manner to understand with simplicity.

 

Contents -

Unit 1: Introduction to Macroeconomic Data and Theory
1. Macroeconomics: Meaning, Scope and Importance
2. Circular Flow of Aggregate Income and Expenditure
3. The Measures of National Product: National Income
4. Short-run Economic Fluctuations: Trade Cycles
5. The Keynesian Principle of Effective Demand
6. Consumption Function
7. Investment Function
8. Investment Multiplier
Unit 2: Money, Inflation and Monetary Policy
9. Money Supply
10. Demand for Money
11. Money and Prices
12. Inflation
13. Monetary Policy
Unit 3: Constituent of Fiscal Policy
14. Role of Government — Principles of Sound and Functional Finance
15. Fiscal Policy
16. Instrument of Fiscal Policy
17. Incidence of Taxation
18. Effect of Taxation
19. Public Expenditure
20. Public Debt
21. Union Budget 2015-16
Unit 4: Open Economy: Theory and Issues of International Trade
22. The Basic of International Trade
23. Heckscher-Ohlin Theory of Factor Endowments
24. Terms of Trade
25. Gains from Trade
26. Free Trade vs. Protection
27. Foreign Investment
28. Balance of Payments
29. Foreign Exchange and Foreign Exchange Markets
Model Question Paper

About The Author

Professor D.M. Mithani has a Masters Degree in Economics and a Ph.D. in Banking and Finance from the University of Mumbai.

Dr. Mithani has teaching experience of over five decades serving in India at the University of Mumbai and the Narsee Monjee Institute of Management Studies (NMIMS), Mumbai, besides his long-term association with the Universiti Utara Malasiya (UUM) at Malasiya and the Prince of Songkhla University (PSU) (Hatyai) and Thaksai University (Songkhla) at Thailand. He is also Adjunct Professor at Oriental Institute of Management, Vashi, Navi Mumbai. He was an elected member of the Executive Committee of the Indian Economic Association during 1988-1994. He is also having a honoured position of being an Professor Emeritus at the L.J. Institute of Business Management.

Dr. Mithani is a prolific writer. He has contributed widely to many journals, national and international seminars and conferences. He has published over 50 books in the field of Economics and Management. His latest publications include: Beyond Rhythms of Management, Management Economics, International Economics and Global Trade and Finance.

Dr. Gaikar Vilas Bhau is currently working as Assistant Professor; Department of Economics, Smt. C.H.M. College, Ulhasnagar affiliated to the University of Mumbai. He is Postgraduate recognized teacher and Ph.D. guide in Business Economics, University of Mumbai.

He is former Faculty in Economics, St. Xaviers College, Mumbai. He has presented and published several research papers in reputed national and international Journals. He is also visiting Faculty to MBA, BMS, Engineering, and Law Colleges in Mumbai. He was also NCC and NSS officer in the College. He was coordinator for M.Phil. in Economics of YCMOU, Nashik, Smt. CHM. College centre. He has visited Harvard University, USA for research paper presentation through UGC-Travel Grant.

He has authored books in Economics to F.Y.B.Com and M.Com of University of Mumbai. He has invited as Resource Person and Technical Session Chairpersons in the National and International conferences. He is also on the board of reviewers on the international reputed journals.

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