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
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