Money, Banking, International Trade D.M. Mithani.

PART 1: MONEY AND BANKING

1. The nature of barter and monetary economy;
2. Functions and significance of money;
3. Monetary standards;
4. The gold standards;
5. The money supply;
6. The demand for money;
7. Value of money;
8. Quality theory of money;
9. The income theory of money
10. Inflation and deflation;
11. Financial market (money and capital markets);
12. Theories of interest;
13. Commercial banking;
14. Banking in India;
15. Co-operative and rural banking;
16. The central bank and instruments of credit control;
17.Developments banks and other term financial institutions in India;
18. The reserve bank of India: Organisation and functions;
19. Monetary policy;
20. A review of the working and operation of the reserve bank of India;
21. Indian capital market;
22. Merchant banking;

PART 2: THE THEORY OF INCOME AND EMPLOYMENT

23. National income ;
24. Employment and unemployment;
25. The classical theory of employment;
26. Keynesian theory of employment;
27. The consumption functions;
28. The investment functions;
29. Theory of multiplier;
30. The accelerator principle;
31. Saving and investment;
32. Kynes' Theory and underdeveloped countries;
33. Trade cycle and measures of economic stabilisation;
34. Monetarism and Keynesianism;

PART 3: INTERNATIONAL TRADE : THEORY, POLICY AND FINANCE

35. The nature of international trade;
36. The theory of comparative advantage;
37. Modern heory of international trade: General equilibrium approach;
38. Gains from trade and terms of trade;
39. Mechanism of international payments;
40. The balance of payment;
41. Trade policy: Free trade vs. protection;
42. Protective trade device: Tariffs and quotas;
43. Exchange control;
44. The IMF and the problem of international liquidity;
45. International financial institutions;
46. Euro-dollar market;
47. European economic community;
48. General agreement on tariffs and trade;
49. United nations conference on trade and development;
50. The World Trade Organisation;
51. Foreign direct investment and its determinants;

PART 4: PRINCIPLES OF PUBLIC FINANCE

52. Nature and norms of modern public finance;
53. public revenue;
54. Canons of taxation and principles of equity;
55. Characteristics of good tax system and the Indian tax structure;
56. Types of taxation;
57. Incidence of taxation;
58. Effects on taxation;
59. Public expenditure;
60. Public debt;
61. Fiscal policy;
62. Deficit financing;
63. Mobalisation of resources for development;
64. Federal finance;
65. Supply-side economics: An outline;