Published on Economics (https://economics.iisuniv.ac.in)

Home > Money and Banking

Money and Banking [1]

Paper Code: 
ECO 201
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
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.
  1. Seth, M.L., Monetary Economics, Laxmi Narain Agrawal, Agra.
References: 
  1. Sundaram, K.P.M., Money, Banking, & International Trade, Sultan Chand & Company, New Delhi.
  1. Rangarajan, C. (1999), Indian Economics: Essays on Money and Finance, UBS Publisher, New Delhi.
  1. Mitra, S. (1970), Money and Banking, Random House, New York.
  1. Mithani, D.M.,Money, Banking, International Trade & Public Finance, Himalaya Publishers.
  1. RBI (1983), Functions and Working of RBI, Bombay.
  1. RBI (2000), Report on Trend and Progress of Banking in India (Annual), Mumbai.
  1. Reddy, Y.V. (2000), A Review of Monetary and Financial Sector Reforms in India-A Central Banker’s Perspective, UBSPD, New Delhi.
Academic Session: 
2017-18 [2]

Follow Economics on:

IIS (Deemed to be University)

Gurukul Marg, SFS, Mansarovar, Jaipur 302020, (Raj.) India Phone:- +91-141-2400160-61, 2397906-07, Fax: 2395494, 2781158

Source URL: https://economics.iisuniv.ac.in/courses/subjects/money-and-banking-1

Links:
[1] https://economics.iisuniv.ac.in/courses/subjects/money-and-banking-1
[2] https://economics.iisuniv.ac.in/academic-session/2017-18