Chapter 1
Microeconomics: Consumer Behaviour
Utility: Cardinal and Ordinal approach
medium • 1 min read
Indifference curve analysis and budget line
medium • 2 min read
Demand: Determinants and law of demand
medium • 3 min read
Price elasticity of demand: Measurement methods
medium • 4 min read
Consumer equilibrium in single and two commodities
medium • 5 min read
Chapter 2
Macroeconomics: National Income
Circular flow of income in a two-sector model
medium • 1 min read
Basic aggregates: GDP, GNP, NDP, NNP (at MP and FC)
medium • 2 min read
Measurement of National Income: Value, Income, Expenditure
medium • 3 min read
Real vs Nominal GDP and GDP deflator
medium • 4 min read
Problem of double counting and its solution
medium • 5 min read
Chapter 3
Money and Banking
Money: Function, supply, and M1/M2 measures
medium • 1 min read
Central Bank: Functions and credit control tools
medium • 2 min read
Commercial Banks: Money creation and banking systems
medium • 3 min read
Repo rate, Reverse repo rate, and SLR/CRR
medium • 4 min read
RBI as a lender of last resort
medium • 5 min read
Chapter 4
Income and Employment Determination
Government Budget: Revenue and capital components
medium • 1 min read
Deficits: Fiscal, primary, and revenue deficits
medium • 2 min read
Balance of Payments: Current and capital accounts
medium • 3 min read
Exchange rate: Fixed, floating, and managed float
medium • 4 min read
Foreign exchange market: Demand and supply
medium • 5 min read