Syllabus For The Subject MONETARY ECONOMICS

UNIT - 01

MONEY - EVOLUTION, KINDS AND FUNCTIONS OF MONEY

UNIT - 02

GOLD STANDARDS - TYPES, WORKING OF THE GOLD STANDARD - CAUSES FOR THE

DOWNFALL OF GOLD STANDARD - BIMETALLISM AND PAPER CURRENCY STANDARD.

UNIT - 03

VALUE OF MONEY - INDEX NUMBER OF PRICES - QUALITY THEORY OF MONEY

UNIT - 04

KEYNES THEORY OF MONEY AND PRICES - MILTON FRIEDMAN`S MODERN QUALITY

THEORY

UNIT - 05

COMMERCIAL BANKING - FUNCTIONS - COMMERCIAL BANKS AND ECONOMICS

DEVELOPMENT - BRANCH BANKING AND UNIT BANKING VS MIXED BANKING

UNIT - 06

INVESTMENT POLICY OF A COMMERCIAL BANK -ASSET AND LIABILITY STRUCTURE,

LIQUIDITY OF COMMERCIAL BANKS - TECHNIQUE OF CREDIT CREATION AND

CONTRACTION, LIMITATIONS

UNIT - 07

BANK ACCOUNTS AND NEGOTIABLE INSTRUMENTS - ACCOUNTS - CURRENTS AND

SAVING ACCOUNTS, RECURRING DEPOSIT AND TIME DEPOSITS

UNIT - 08

FORMS USED IN THE OPERATION OF ACCOUNTS: PAY IN SLIP, CHEQUE BOOK, PASS

BOOK, DRAFT, CROSSING A CHEQUE AND DRAFT

UNIT - 09

NEGOTIABLE INSTRUMENTS - BILL OF EXCHANGE - PROMISSORY NOTES - HUNDIES.

UNIT - 10

COMMERCIAL BANK AND MONEY MARKET - NATIONALIZATION OF BANKS - RECENT

TRENDS IN COMMERCIAL BANKS - STATE BANK OF INDIA

UNIT - 11

MONEY MARKET - COMPOSITION, INSTITUTION, DEVELOPED AND UNDERDEVELOPED

MONEY MARKET - FEATURES OF INDIAN MONEY MARKET - RESERVE BANK AND BILL

MARKET

UNIT - 12

THE INDIAN CAPITAL MARKET - COMPOSITION OF THE CAPITAL MARKET - NON-BANKING

FINANCIAL INTERMEDIARIES - EMERGING INTERMEDIARIES IN INDIA - THE CAPITAL

MARKET REFORMS.