Macroeconomics

6th Edition
9364444272 · 9789364444279
Overview:This comprehensive textbook on macroeconomics offers an in-depth exploration of economic theories, policies, and their real-world applications. By exploring topics such as national income determination, economic growth, inflation, unemployme… Read More
MRP ₹1,025.00
PART I Introduction
1.Introduction to Macroeconomics
2. Circular Flow Model of the Economy
3.Measurement of National Income

PART II Product Market Analysis: Theory of National Income Determination 
4. Classical Theory of Output and Employment Determination 
5. Keynesian Theory of Income Determination: A Two-Sector Model 
6. Change in Investment and Investment Multiplier 
7. Theory of Income Determination in Three Sector Model 
8. Income Determination in Open Economy: The Four-Sector Model

PART III Theories of Consumption and Investment 
9. Theories of Aggregate Consumption 
10. Theory of Investment and Capital Accumulation

PART IV Analysis of Monetary Sector 
11. Money: Definition, Functions and Importance 
12. The Supply of Money 
13. The Classical Theory of Money Demand and Interest Determination 
14. Keynesian Theory of Money Demand and Interest Determination 
15. The Post-Keynesian Theories of Money Demand

PART V Integration of Product and Money Markets: The IS-LM Model 
16. The IS-LM Model I: The Two-Sector Model 
17. The IS-LM Model: The Three-Sector Model 
18. The IS-LM Model: The Four-Sector Model 
19. Synthesis of Classical and Keynesian Approach to General Equilibrium 
20. Post-Keynesian Macroeconomics

PART VI Economic Growth and Business Cycles 
21. Theories of Economic Growth 
22. Business Cycle Theories and Global Recession

PART VII Dynamics of Inflation and Unemployment 
23. Inflation: Meaning, Measure and Effects 
24. Theories of Inflation and Control Measures 
25. Inflation and Unemployment

PART VIII Some International Aspects of Macroeconomics 
26. Foreign Exchange Rate 
27. Balance of Payments: Meaning and Assessment 
28. Balance of Payments Disequilibrium and Methods of Adjustments

PART IX Macroeconomic Policies: Monetary and Fiscal Policies 
29. Macroeconomic Policies: Meaning, Objectives and Formulation 
30. Monetary Policy 
31. Fiscal Policy 
32. Demonetisation and Implementation of Goods and Services Tax (GST)

Appendix: Solutions to Numerical Questions
Overview:

This comprehensive textbook on macroeconomics offers an in-depth exploration of economic theories, policies, and their real-world applications. By exploring topics such as national income determination, economic growth, inflation, unemployment, and international economics, it provides students and educators with a thorough understanding of macroeconomic principles. Updated with the latest data and enhanced explanations, this edition bridges the gap between theory and practice. This book will serve as a valuable resource for management students and economics professionals, offering essential insights for mastering the complexities of modern macroeconomics.


Key Features:

? Inclusion of new topics such as:
• Pre-Classical Economic Thoughts: The Mercantilism
• Framework of the Consumption Theory
• Current Measures of Money Supply by the RBI
? Introduction of modern methods for estimating national income, along with current estimates
? Updated data included in various tables across chapters