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The Introductory Macro Economics Course for General Elective Semester II, 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 55 Hours.

Course Fee : Rs. 7000

Access of Video Lectures is provided on one device, Windows Computer or Android Phone, till end of Semester II Exams.

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• Full Course Video Lectures
• Complete Study Material (PDF Notes) which includes Concepts, Previous Year Questions, Numerical Questions, MCQ’s and Important Questions
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• Live online Doubts Sessions for resolution of Doubts
• Mock Tests at the Website
• Video Lectures Cover Theory Portions Exchaustively + Complete Solutions of Back Questions of readings + Solutions of Previous Years Papers + Large Number of Numericals

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## Demo PDF of Study Material

Chapter-2-National-Income-Accounting-1

## Demo Mock Test (MCQ)

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55

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Quantity Theory of Money Test #1 3. The Paper has ten Questions
4. Time Allowed is 10 Minutes.
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1 / 10

If the money supply is \$3 trillion and nominal GDP is \$12 trillion, the income velocity of money is :

2 / 10

If aggregate output is constant while the money supply and its velocity both double, the equation of exchange predicts that the price level will :

3 / 10

The Classical Quantity Theory of Money was based on assumptions that :

4 / 10

Velocity of money is :

5 / 10

Quantity theory of money implies that :

6 / 10

Given the following information :

Quantity of Money (M) = Rs. 4,800

Nominal GDP = Rs. 96,000

Real GDP = Rs. 48,000

What is the Velocity of money in this country

7 / 10

Given the following information :

Quantity of Money (M) = Rs. 4,800

Nominal GDP = Rs. 96,000

Real GDP = Rs. 48,000

What is the Price Level

8 / 10

Consider the following statements

A : Fisher’s view that velocity is fairly constant in the short run transforms the equation of exchange into the quantity theory money, which states that nominal income is determined solely by movements in the quantity of money.

B : For the classical economists, the quantity theory of money provided an explanation of movements in the price level.

9 / 10

The equation of exchange states that

10 / 10

You are given the following data on an economy in 2001 and 2007:
2001              2007

Money Supply                      200                300

Real GDP                               100                 150

Price Level                             10                     ?

The velocity of circulation is the same in both years.

According to the quantity theory of money what would be the value of the price level in 2007?

The average score is 38%

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## Chapter 1 : Introduction to Macroeconomics

### Based Upon Abel, Bernanke & Croushore Chapter 1

Number of Lectures   2 Lectures

Total Duration of Lectures :   110 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   1 Test

## Chapter 2 : National Income Accounting

### Based Upon Abel, Bernanke & Croushore Chapter 2

Number of Lectures   5 Lectures

Total Duration of Lectures :   190 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   3 Tests

## Chapter 3 : Balance of Payment

### Based Upon Abel, Bernanke & Croushore Chapter 5.1

Number of Lectures   1 Lecture

Total Duration of Lectures :   44 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   1 Test

## Chapter 4 : Economic Survey

### Based Upon Economic Survey

Number of Lectures   1 Lectures

Total Duration of Lectures :   60 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   1 Tests

## Chapter 5 : The Monetary System

### Based Upon Mankiw Chapter 4.1

Number of Lectures   2 Lectures

Total Duration of Lectures :   77 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   1 Test

## Chapter 6 : Quantity Theory of Money

### Based Upon Mankiw Chapter 5.1

Number of Lectures   2 Lectures

Total Duration of Lectures :   45 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   1 Tests

## Chapter 7 : The Financial Markets

### Based Upon Blanchard Chapter 4

Number of Lectures   4 Lectures

Total Duration of Lectures :   150 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   2 Test

## Chapter 8 : Inflation

### Based Upon Mankiw Chapter 5

Number of Lectures   2 Lectures

Total Duration of Lectures :   109 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   1 Test

## Chapter 9 : Hyperinflation

### Based Upon Blanchard Chapter 23

Number of Lectures   3 Lectures

Total Duration of Lectures :   122 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   1 Tests

## Chapter 10 : Economic Survey

### Based Upon Economic Survey

Number of Lectures   2 Lectures

Total Duration of Lectures :   120 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   1 Test

## Chapter 11 : Inflation Targeting

### Based Upon Partha Ray Chapter 1

Number of Lectures   1 Lecture

Total Duration of Lectures :   29 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   1 Tests

## Chapter 12 : Role of RBI

### Based Upon Pulapre Balakrishnan

Number of Lectures   1 Lecture

Total Duration of Lectures :   29 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   1 Test

## Chapter 13 : Measurement of Macro Economic Variables

### Based Upon Froyen Chapter 2

Number of Lectures   2 Lectures

Total Duration of Lectures :   90 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   1 Test

## Chapter 14 : Classical Macroeconomics

### Based Upon Froyen Chapter 3

Number of Lectures   4 Lectures

Total Duration of Lectures :   120 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   2 Tests

## Chapter 15 : Income and Spending

### Based Upon Dornbusch, Fischer & Startz Chapter 9

Number of Lectures   2 Lectures

Total Duration of Lectures :   91 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   1 Test

## Chapter 16 : IS – LM

### Based Upon Dornbusch, Fischer & Startz Chapter 10

Number of Lectures   5 Lectures

Total Duration of Lectures :   220 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   2 Tests

## Chapter 17 : Monetary & Fiscal Policy

### Based Upon Dornbusch, Fischer & Startz Chapter 11

Number of Lectures   8 Lectures

Total Duration of Lectures :   308 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   3 Test