Priciples of Economics & Bangladesh Economy Syllabus

PRINCIPLES OF ECONOMICS AND BANGLADESH ECONOMY

Full Marks: 100

Module A: Concepts of Economics and Demand Supply Analysis

· Economics, Scarcity, Opportunity Cost, Micro and Macro Economics

· Law of Demand and Supply, Changes in Demand and Supply

· Demand Supply Interaction, Market Equilibrium, Shortage and Surplus, Price Ceiling and Floor

· Price Elasticity, Income and Cross Elasticity of Demand

Module B: Production, Cost and Market structure

· Theory of Production and Cost, Law of Variable Proportions, Returns to Scale, Short and Long-Run Costs.

· Different forms of Market: Perfect Competition, Monopoly, Oligopoly and Monopolistic Competition; Their Characteristics and Equilibrium Situations.

Module C: Macroeconomics

· Overview on Macroeconomics; Macroeconomic Goal, Policies and Accounts

· Macroeconomic Accounts: National Income Account, Fiscal Account, Monetary Account and BOP Account.

· Macroeconomic Policies and their Interactions

Module D: Bangladesh Economy

· Structure and Macroeconomic Performance of Bangladesh Economy; Savings, Investment and Capital Formations, Fiscal and Monetary Policies of Bangladesh; Inflation, Unemployment and External Sector Situation of Bangladesh.

References

1 Dornbusch. R, and Fischer, S. Macroeconomics

2 Mishkin, F.S. The Economics of Money, Banking and Financial Market

3 Ministry of Finance, Bangladesh Economic Review

4 Publications of Bangladesh Bank (Economic Trend, Annual Reports and other reports)

3 Samuelson, P.A and Nordhaus, W.D. Economics