Macro Economics  National Income: Concepts and Measurement  Determination of output and employment: Classical & Keynesian Approach  Consumption Function  Investment Function  Multiplier and Accelerator  Demand for Money  Supply of Money  IS – LM Model Approach -2-  Inflation and Phillips Curve Analysis  Business Cycles  Monetary and Fiscal Policy  Rational Expectation Hypothesis and its critique SMALL OPEN ECONOMY LARGE OPEN ECONOMY MUDEL FLAMMING MODEL