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This edition continues in the tradition of providing a concise account of concepts & theories in macroeconomics and a review of the present state of macroeconomics, with an emphasis on India. It seeks to improve the treatment by enhancing its topical coverage and learning assistance, besides updating key economic data.
Key Features:
Expanded coverage of concepts, constraints and policy issues pertaining to balance of payments, foreign exchange rate and current account imbalances. Covers all important theories of macroeconomics Indian macroeconomic data and case studies Lot of practice and assignment questions
About the Author:
G. Gupta
Dean, Nirma Institute of Management, Ahmedabad. He received his Bachelor's and Master's degrees from MS University, Baroda, and Ph D from Johns Hopkins University, USA. Apart from NIM, he has also taught at IIM-A, MS University, Baroda; Illinois State University, USA; and University Sains Malaysia, Penang. His fields of specialisation includes economic theory and policy, econometrics, and international finance.
Table of Content:
PART I: INTRODUCTION AND MEASUREMENT
Chapter 1 Introduction: An Overview
Chapter 2 National Income
Chapter 3 Inflation, Unemployment and Poverty
Chapter 4 Money, Fiscal and Foreign Sector Variables
PART II: BEHAVIORAL AND TECHNOLOGICAL FUNCTIONS
Chapter 5 Consumption Function
Chapter 6 Investment Function
Chapter 7 Government, Foreign Trade and Foreign Exchange Rate Functions
Chapter 8 Money Demand and Supply Functions
Chapter 9 Production Function, Factor Market and Aggregate Supply Function
PART III: ECONOMIC FLUCTUATIONS AND STABILIZATION POLICY: MACROECONOMICS MODELS
Chapter 10 Business Cycles, Stabilization Policies and Economic Models
Chapter 11 Classical and Keynesian Fixed Price Models
Chapter 12 Keynesian Flexible Price Model, Open Economy and Policy Debates
Chapter 13 New Classical and New Keynesian Models
Chapter 14 Unemployment and Inflation: Causes, Consequences and Cures
PART IV: ECONOMIC GROWTH AND THE STATE OF MACROECONOMICS
Chapter 15 Economic Growth
Chapter 16 State of Macroeconomics
Appendix I: Comprehensive Case Studies
Appendix II: Multiple Choice Questions
Appendix III: Fill in the Blanks Questions
Index
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