Intermediate Macro Economics I

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For getting access of recorded video lectures of Intermediate Macro Economics – I for Economics (H) Semester III you need to register yourself at our website

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The Intermediate Macro Economics – I Course for BA (Hons) Economics Semester III, 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 50 Hours.

Course Fee : Rs. 6000

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

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
  • Online Discussion Forum to Post Your Queries to Discuss with Faculty & other fellow Students
  • Live online Doubts Sessions (at least twice a week) 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

On Payment of Fee we will create your account on our website & you need to login and download all the lectures & our APP through that login account

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

Payment Details

To purchase any course you need to transfer the amount either through Google Pay or PhonePe at 9811261671 or Paytm at 9899192027 or Transfer through net banking IMPS into the following account

Account Details

Dheeraj Suri

Saving Account Number

392010100053871

Axis Bank, Model Town Branch

Delhi – 110009

IFS Code : UTIB0000392

Payment App Details

GPay Number : +91 9811261671

PhonePe Number : +91 9811261671

Paytm Number : 9899192027

After transfer update us with payment details through Whatsapp at +91 9899192027

Demo Lectures

Demo PDF of Study Material

Demo Quiz

Exam Pattern

Assessment :

1. Internal Assessment (25 marks): The internal evaluation will consist of two class tests of 10 marks each, with 5 marks being allocated for attendance.

2. The End-semester Examination (75 marks) :
The question paper of end-semester examination will have two sections (A and B).
Section A will ask 6 short-types of answer out 7 questions, giving equation weightage to each topic.

Section B would ask to answer 3 out of 4 long-type of questions (preferably from one topic with possible sub-parts). Two questions from topics 1, 2 and 3 and two questions from Topic 4 are suggested. All question (in short and long types) can be mathematical in nature.

Course Content of Our Video Lectures

Chapter 1 : Review of IS LM [272 Minutes]

Based Upon Topics of Semester 2

Number of Lectures   6 Lectures

Total Duration   272 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   4 Tests

Important Topics Covered : Aggregate Demand, IS Curve, LM Curve, Simultaneous Equilibrium of Goods & Money Markets

Unit – I : The Labour Market

Unit – II : Aggregate Demand & Aggregate Supply Curves

Unit – III : Inflation, Unemployment & Expectations

Chapter 7 : Phillips Curve [150 Minutes]

Based Upon Olivier Blanchard Chapter 8

Number of Lectures   2 Lectures

Total Duration   150 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   2 Tests

Important Topics Covered : Phillips Curve, Modified Phillips Curve

Chapter 8 : Okun’s Law [149 Minutes]

Based Upon Olivier Blanchard Chapter 9

Number of Lectures   3 Lectures

Total Duration   149 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   2 Tests

Important Topics Covered : Okun’s Law

Unit – IV : Micro Economic Foundations

Chapter 10 : Consumption [ Minutes]

Based Upon Branson Chapter 12

Number of Lectures   Lectures

Total Duration   Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   2 Tests

Important Topics Covered : Phillips Curve, Modified Phillips Curve

Chapter 8 : Okun’s Law [149 Minutes]

Based Upon Olivier Blanchard Chapter 9

Number of Lectures   3 Lectures

Total Duration   149 Minutes

Number of Questions in Notes   Questions

Number of MCQ Tests on this Chapter   2 Tests

Important Topics Covered : Okun’s Law

End of Syllabus

Syllabus for Intermediate Macro Economics – I as Prescribed by University of Delhi

Reading-List-Macro-Eco

Course Description

Intermediate Macroeconomics I (HC32)
Core Course (CC) Credit: 6

Course Objective
This is the second module of a three-module sequence on Macroeconomics. This course introduces students to formal modelling of the macroeconomy in terms of analytical tools. It discusses various alternative theories of output and employment determination in a closed economy in the short run as well as medium run, and the role of policy in this context. It also introduces students to various micro-founded theories of macro behaviour, e.g., consumption and investment behaviour of households and the demand for money generated in the household sector.

Course Learning Outcomes
This course enables students to analyse the macroeconomic performance of various countries using formal analytical tools. It also allows them to evaluate important macroeconomic policies and their implications.

Unit 1
The labour market Wage determination; wages, prices and employment; natural rate of unemployment; from employment to output

Unit 2
Aggregate demand and aggregate supply curves Derivation of aggregate demand and aggregate and supply curves; interaction of aggregate demand and supply to determine equilibrium output, price level and employment

Unit 3
Inflation, unemployment and expectations Phillips curve; adaptive and rational expectations; policy ineffectiveness debate

Unit 4
Microeconomic foundations Consumption: Keynesian consumption function; Fisher‘s theory of optimal intertemporal choice; lifecycle and permanent income hypotheses; rational expectations and random walk of consumption expenditure
Investment: determinants of business fixed investment; residential investment and inventory investment
Demand for money

References