Money, Banking and Public Finance

Money and Banking
Part I: Money
1. Evolution and Functions of Money
2. The Role of Money
3. The Circular Flow of Money
4. The Demand for Money
5. The Supply of Money
6. The Determination of Value of Money – Transactions Approach
7. The Determination of Value of Money _ The Keynesian Approach
8. Friedman’s Reformulation of Quantity Theory of Money
9. Measurement of Changes in the Value of Money
10. Inflation, Deflation and Reflation
11. Philips Curve and Stagflation
12. Theories of Trade Cycles
13. Post – Keynesian Development in Trade Cycle Theories

Part II: Banking Theory
14. Money and Capital Markets
15. Organisation and Structure of Commercial Banks
16. Credit Creation by Commercial Banks
17. Functions of the Central Bank
18. Central Bank and Credit Control
19. Monetary Policy

Part III: Banking In India
20. Indian Money Market and Capital Market
21. The Indian Banking System
22. Commercial Banks in India
23. Nationalisation of Banks in India
24. The Reserve Bank of India
25. Monetary Policy of Reserve Bank of India

Public Finance
26. Nature and Significance of Public Finance
27. The Theory of Public Finance
28. The Principle of Maximum Social Advantage
29. Public Expenditure – General Issues
30. Objectives and Principles of Public Expenditure
31. Effects of Public Expenditure
32. Public Expenditure in India
33. Public Revenue - General Issues
34. The Distribution of Tax Burden
35. Taxable Capacity
36. Impact and Incidence of Taxes
37. Prof.Musgrave on Shifting of Incidence
38. Classification and Choice of Taxes
39. Effects of Taxation
40. Sources of Revenue of Central Government in India
(Tax and Non-Tax Revenue)
41. Sources of Revenue of State Governments in India
42. Public Debt - General Issues
43. Management of Public Debt
44. Public Debt in India
45. The Public Budget
46. Techniques of Budgeting
47. Budgets of the Government of India