PAPER 1 : PRINCIPLES OF ECONOMICS AND BANGLADESH ECONOMY


Full Marks : 100

Module A: Concepts of Economics and Demand Supply Analysis
         Economics, Scarcity, Opportunity Cost, Micro and Macro Economics
          Law of Demand and Supply, Changes in Demand and Supply
          Demand Supply Interaction, Market Equilibrium, Shortage and Surplus, Price Ceiling and Floor
          Price Elasticity, Income and Cross Elasticity of Demand

Module B: Production, Cost and Market structure
          Theory of Production and Cost, Law of Variable Proportions, Returns to Scale, Short and Long-Run Costs.
          Different forms of Market: Perfect Competition, Monopoly, Oligopoly and Monopolistic Competition; Their Characteristics and Equilibrium Situations.

Module C: Macroeconomics
          Overview on Macroeconomics; Macroeconomic Goal, Policies and Accounts
          Macroeconomic Accounts: National Income Account, Fiscal Account, Monetary Account and BOP Account.
          Macroeconomic Policies and their Interactions

Module D: Bangladesh Economy
          Structure and Macroeconomic Performance of Bangladesh Economy; Savings, Investment and Capital Formations, Fiscal and Monetary Policies of Bangladesh; Inflation, Unemployment and External Sector Situation of Bangladesh.

References:

1          Dornbusch. R, and Fischer, S. Macroeconomics
2          Mishkin, F.S. The Economics of Money, Banking and Financial Market
3          Ministry of Finance, Bangladesh Economic Review
4          Publications of Bangladesh Bank (Economic Trend, Annual Reports and other reports)
3          Samuelson, P.A and Nordhaus, W.D. Economics