Upper Saddle River, NJ: Prentice Hall, 2009. — 512 p. — ISBN-10: 8131708187; ISBN-13: 978-8131708187.Macroeconomics helps students realize the connections between theoretical frameworks and the actual behaviour of the economy; enables instructors to teach macroeconomics concepts within the context of both the Indian and global economy; and provides policymakers with material from current research in macroeconomics. It analyses macroeconomic thought in terms of the intuition and underlying logic. The book enables readers to think independently about real-world situations and focuses on the most current and relevant issues.ContentsMacroeconomics—What Is It About? Savings, the Balance of Payments, and the Money Supply Consumption Investment The Trade Balance and Exchange Rates The Demand for Money The Labour Market The IS-LM Model Aggregate Demand and Aggregate Supply More on Unemployment Open Economy: The Mundell-Fleming Model Stabilization and Government Deficits Monetary Policy Objectives and Targets Economic Growth Recent Development in Macroeconomics
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