The subject provides understanding of different aspects of Business and economic environment with specail reference to business in INDIA .
1. BUSINESS ENVIRONMENT
- Nature of business environment .
- Business as an economic institution , system and structure .
- Business as social , political and legal forces institution .
- Technological and natural environment .TQM .
- Global Environment .
- Regulation of foreign investment and collaboration .
2.GOVERNMENT BUSINESS RELATION
- Social Responsibility of Business and Government .
- Recent Developments in Business Environment in India .
- Market Freedom Liberalization , Privatization , Globalization .
- WTO and its impact .
- Consumer Protection .
- Divestment .
3. MACRO ECONOMICS :
- Macro Economics : Concept , Definition and relationship with micro .
- National Income Accounting .
- Aggregate Demand and Supply .
- Consumption , Saving and investment .
- Classical and Keynesian Theory of Employment .
4. MACRO ECONOMIC MODELS :
- The Keynesian Multiplier Model .
- Tax Multiplier Model .
- Foreign Multiplier .
- The Consumption Function .
5. MONEY :
- Money :Definition , Nature , classification .
- Fisher's quantity theory of money .
- Origins of demand for money .
- Banking and supply of money .
6. THEORIES OF INTEREST AND RATES :
- Classical and Keynesian Liquidity Preference Theory of Interest .
- Inflation : Measurement , Cost and types .
- The Phillips Curve and Inflation .
7. MONETARY AND FISCAL POLICY :
- Monetary Policy : Meaning and concept .
- Impact on Prices and Output .
- Fiscal Policy , Deficits and Public Debt .
- Exchange Rate Policy .
- FEMA and FERA .
