Intermediate Macro Economics – II [ECON 011]

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Intermediate Macro Economics – II [ECON 011] for Economics (H) Semester IV 

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Semester 4 Subjects

►Intermediate Micro Eco II

►Intermediate Macro Eco II

►Introductory Econometrics

►DSE – Financial Economics

►DSE – Monay & Financial Markets

►GE – Linear Programming

►GE – Basic Econometrics

►GE – Applied Statistics

►GE – Elements of Analysis

Reading List of Intermediate Macro Economics – II

The Intermediate Macro Economics – II [ECON 011] Course for BA (Hons) Economics Semester IV, Delhi University has been taught by Mr. Dheeraj Suri. The Video Lectures are based upon the books prescribed by the University of Delhi. The Duration of Video Lectures is approximately 36 Hours.

Access of Video Lectures is provided on any one of the following devices:

Windows Computer or Laptop, or

Android Phone or Tablet, or

Apple Iphone or Ipad, or

Apple Macbook,

till end of Semester IV Exams.

Course Fee : Rs. 7000

Fee Structure :

Once You get the access you need to login and download our APP and all the lectures from your login account and play in your device.

You will get :

►Full Course Video Lectures

Complete Study Material (PDF Notes) which includes Concepts, Previous Year Questions, Numerical Questions, MCQ’s and Important Questions

Live Online Doubts Sessions with Expert Faculty (at least twice a week) for resolution of Doubts

Online Discussion Forum to Post Your Queries to Discuss with Faculty & other fellow Students

Mock Tests at the Website for regular assessment and progress tracking

Video Lectures Cover Theory Portions Exhaustively + Complete Solutions of Back Questions of Readings + Solutions of Previous Years Papers + Large Number of Numericals

Comprehensive Coverage of Syllabus and Exam Oriented Preperation

This online coaching platform aims to provide a supportive and engaging learning environment for students to achieve academic success and excel in their Economics Honours program.

Recommended Readings

►Blanchard, O and Johnson David R. (2013), Macroeconomics, 6th ed. (Global ed.), Pearson Education.

Salvatore, D. (2007), International Economics 8th ed., Wiley.

Dornbusch, R. and Fischer, S. (1994), Macroeconomics, 6th ed. McGraw-Hill.

Carlin, Wendy and Soskice, David (2006), Macroeconomics: Imperfections, Institutions & Policies. Indian Edition, Oxford University Press.

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Demo Quiz

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Exam Pattern

The Question Paper will be of 90 Marks

The question paper will have roughly 50% weightage from unit 3 and the remaining 50% from units 1 and 2 together.

The paper will consist of three sections of 30 marks each:

  • Section A will have 15 MCQs/one-line-answer questions of 2 marks each, with no choice of any kind.
  • The question paper will have clear instructions for this section that students must write onlythe correct answers in this section and NOT explanations.
  • In Section B, students will be required to do any 6 out of 8 questions for 5 marks each.
  • In Section C, students will be required to do any 3 out of 4 questions of 10 marks each.

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Account Details

Dheeraj Suri

Saving Account Number

392010100053871

Axis Bank, Model Town Branch

Delhi – 110009

IFS Code : UTIB0000392

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Course Content of our Video Lectures

Lectures are Strictly as per Latest Syllabus for UGCF 2025

Unit I : Fiscal & Monetary Policies

Chapter 1 : Uncertainty & Policy

Duration of Video Lectures : 91 Minutes

Based Upon Chapter 22.2, Blanchard & Johnson

Topics Covered

►Uncertainty & Policy,

►Expectations & Policy,

►Establishing Credibility,

Chapter 2 : Fiscal Policy

Duration of Video Lectures : 74 Minutes

Based Upon Chapter 23.2, 23.3 & 23.4 Blanchard & Johnson

Topics Covered

►The Arithmetic of Deficit & Debt

►Debt Stabilization,

►The Evolution of the Debt to GDP Ratio,

Ricardian Equivalence,

Cyclically Adjusted Deficit,

War and Deficits,

The Dangers of High Debt,

Chapter 3 : The Design of Monetary Policy

Duration of Video Lectures : 62 Minutes

Based Upon Chapter 24.3, Blanchard & Johnson

Topics Covered

►Money Growth Targets,

►Inflation Targeting,

►Interest Rate Rules.

Chapter 4 : Inflation, Unemployment & Monetary Rules

Duration of Video Lectures : Minutes

Based Upon Chapter 3, Carlin & Soskice

Topics Covered

►Inflation & Phillips Curves,

►Deriving Phillips Curves,

►Phillip’s Original Curve,

►Disinflation & Central Bank Preferences,

►Costless Disinflation & Rational Expectations,

►Monetary Rules & IS-PC-MR Model,

►Inflation Shock, Demand Shock,

►The MR Line & The Real Interest Rate, Sacrifice Ratios & Disinflation Strategies,

►Inflation at the Medium Run Equilibrium,

►Inflation in the IS LM Model,

Unit II : Financial Markets & Criris

Chapter 5 : The Crisis

Duration of Video Lectures : Minutes

Based Upon Chapter 9, Blanchard & Johnson

Topics Covered

►Housing Prices and Financial Crisis,

►Housing Prices & Subprime Mortgages, The Role of Banks, Leverage, Liquidity, Amplification Mechanisms,

►The Use and Limit of Policy,

►Initial Policy Responses, The Liquidity Trap, The Limits of Fiscal Policy,

►The Slow Recovery,

Unit III : Issues in Open Economy

Chapter 6 : International Linkages

Duration of Video Lectures : 227 Minutes

Based Upon Chapter 6, Dornbusch & Fischer

Topics Covered

►Open Economy,

►Balance of Payment,

►Exchange Rate,

►Fixed Exchange Rate,

►Floating Exchange Rate,

►Devaluation & Revaluation,

►Depreciation & Appreciation,

►Nominal & Real Exchange Rate,

►IS Curve in Open Economy,

►Capital Mobility,

►Mundell Fleming Model,

Chapter 7 : International Adjustment

Duration of Video Lectures : 114 Minutes

Based Upon Chapter 20, Dornbusch & Fischer

Topics Covered

►International Adjustment,

►Role of Prices in Open Economy,

►Devaluation,

►Crawling Peg Exchange Rate,

►J Curve,

►Hysteresis Effect,

Chapter 8 : Foreign Exchange Markets

Duration of Video Lectures : 207 Minutes

Based Upon Chapter 14, D. Salvatore

Topics Covered

►Foreign Exchange Markets,

►Participants of Foreign Exchange Markets,

►Exchange Rate Numericals,

►Spot Rate & Forward Rate,

►Futures & Options,

►Speculation,

►Covered Interest Arbitrage,

►Uncovered Interest Arbitrage,

Chapter 9 : Purchasing Power Parity

Duration of Video Lectures : 90 Minutes

Based Upon Chapter 15, D. Salvatore

Topics Covered

►Purchasing Power Parity,

►Absolute Purchasing Power Parity,

►Relative Purchasing Power Parity,

►Asset Market Approach,

►Exchange Rate Overshooting,

Chapter 10 : Exchange Rates

Duration of Video Lectures : 42 Minutes

Based Upon Chapter 20.6, D. Salvatore

Topics Covered

►Exchange Rate Bands,

►Adjustable Peg System,

►Crawling Peg,

►Managed Floating.

Previous Year Papers (PYQ’s)

Eco (H) IV Sem : 2024

Number Video Lectures : 2

Duration of Video Lectures : 50 Minutes

Eco (H) IV Sem : 2023

Number Video Lectures : 2

Duration of Video Lectures : 50 Minutes

Eco (H) IV Sem : 2022

Number Video Lectures : 2

Duration of Video Lectures : 60 Minutes

Eco (H) IV Sem : 2021

Number Video Lectures : 2

Duration of Video Lectures : 45 Minutes

Economics (H) Semester IV [ UGCF 2025 ]

Video Lectures, PDF Notes, Mock Tests & Live Doubt Sessions are offered for the following Subjects for BA (Hons) Economics Semester IV, Delhi University

Financial Economics (ECON 046)

Money & Financial Markets (ECON 047)

Political Economy & Globalisation (ECON 078)

Principles of Macro Economics – II (ECON 028)

Basic Econometrics – II (ECON 024)

Sectoral Issues in Indian Economy (ECON 059)

Game Theory & Social Sciences (ECON 068)

Basic Environmental Economics (ECON 070)

Linear Programming

Introduction to Finance

Statistics for Business

Eco Sem 1
Eco Sem II
Eco Sem III
Eco Sem IV
Eco Sem V
Eco Sem VI
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