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Admissions

It is a University which is committed to excellence and overall development of the student and one where talent is nurtured and honed in the best possible manner. Come, be a part of our never-ending journey of accomplishments and accolades.

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Placements

Excellent education not only imparts knowledge, but also paves the way for a promising and successful career. The Placement Cell at The IIS University has numerous success stories to narrate in this regard...

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Life@IIS Univ

Life @ IISU is nothing less than a kaleidoscope of myriad hues; complete with vibrant events and memorable occasions to cherish for a lifetime.

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Academics

Taking the age-old tradition of enlightenment through education forward, The IIS University - in its continuous pursuit of excellence - firmly believes that an institution’s academic profile determines its worth and value. Therefore, on offer are a wide variety of both conventional and contemporary programmes of study.

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Research

To stimulate curiosity and cater to the global needs of a dynamic education, The IIS University - since inception - has been promoting and encouraging research-based experiential learning among all its students.

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About Us

The IIS University, with its perfect amalgamation of innovation, inspiration and synergy, aims to be a model institution for students across disciplines and programmes.

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IIS Univ
  • Admissions

    It is a University which is committed to excellence and overall development of the student...

  • Placements

    Excellent education not only imparts knowledge, but also paves the way for...

  • Life@IIS Univ

    Life @ IISU is nothing less than a kaleidoscope of myriad hues; complete with...

  • Academics

    Taking the age-old tradition of enlightenment through education forward,...

  • Research

    To stimulate curiosity and cater to the global needs of a dynamic education,...

  • About Us

    The IIS University, with its perfect amalgamation of innovation, inspiration...

IIS (Deemed to be University)

Gurukul Marg, SFS, Mansarovar, Jaipur 302020, (Raj.) India

Phone:- +91-141-2400160-61, 2397906-07,

Fax: 2395494,2781158, Toll Free No.: 1800 180 7750

Money and Banking | Economics

Money and Banking

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Paper Code: 
ECO 201
Credits: 
3
Contact Hours: 
45.00
Objective: 

1.    To grasp the concept of money and the foundation of monetary theory; and
2.    To familiarize the students with various kinds of banks, with special reference to India.
 

6.00
Unit I: 
Money

•    Definition, Types and functions of money;
•    Concept of  Demand of money (Classical, Cambridge & Keynesian);
•    Concept of Supply of money (Classical, Monetarists’ & RBI)
 

12.00
Unit II: 
Quantity Theory of Money

•    Cash transactions approach;
•    Cash Balance approach;
•     Keynesian approach
 

9.00
Unit III: 
Inflation & Deflation

•    Inflation - definition, types, causes, effects and measures to control;
•    Trade-off between inflation and unemployment;
•    Deflation;
•    Inflation versus Deflation
 

10.00
Unit IV: 
Commercial Banks

•    Commercial Banks - functions;
•    The process of credit creation;
•    Liabilities and assets of banks;
•    Development of commercial banking in India after independence.
 

8.00
Unit V: 
Central Bank
  • Central Bank -Functions;
  • Instruments of credit control – quantitative & qualitative;
  • RBI-organization and promotional role.

 

 

Essential Readings: 

1.    Gupta, S.B. (1983), Monetary Economics, S. Chand & Co., New Delhi.

2.    Seth, M.L., Monetary Economics, Laxmi Narain Agrawal, Agra.
 

References: 

1.    Sundaram, K.P.M., Money, Banking, & International Trade, Sultan Chand & Company, New Delhi.

2.    Rangarajan, C. (1999), Indian Economics: Essays on Money and Finance, UBS Publisher, New Delhi.

3.    Mitra, S. (1970), Money and Banking, Random House, New York.

4.    Mithani, D.M.,Money, Banking, International Trade & Public Finance, Himalaya Publishers.

5.    RBI (1983), Functions and Working of RBI, Bombay.

6.    RBI (2000), Report on Trend and Progress of Banking in India (Annual), Mumbai.

7.    Reddy, Y.V. (2000), A Review of Monetary and Financial Sector Reforms in India-A Central Banker’s Perspective, UBSPD, New Delhi.

 

Academic Session: 
2018-19
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