Principles of Macro Economics

ISBN Number : 978-81-8488-420-3

Student Price : Rs.250

Student Dollar Price : 10$

Book Edition : Second

Year of Publication : 2018

No. Of Pages : 352

About The Book

It is a matter of great satisfaction for us that our book Principles of Macroeconomics written for B.Com. and BA (Programme) Second Year, Delhi University, was very well received by teachers both by students and teachers alike. Encouraged by this response, we now present the second Editions of our book. This book covers the entire syllabus in a comprehensive and exhaustive way. The pattern of discussion follows the framework as laid in Richard G. Lipsey and Alec K. Chrystal, Principles of Economics (New York, Oxford University Press, Ninth editions 1999) as required in the syllabus. The discussion in our book is divided into four parts. The organization, structure and contents of these parts is as follows.

Book Content of Principles of Macro Economics
PART ONE : MACROECONOMIC ISSUES AND MEASUREMENT
1. Introduction to Macroeconomics
2. An Introduction to National Income Accounting
3. Measurement of National Income and Related Aggregates
4. Theory of Employment and Income
5. GDP and Price Level in the Short Run
6. GDP and Price Level in the Long Run
PART TWO : MONETARY ECONOMY
7. Money in a Modern Economy
8. Demand for Money
9. The Quality Theory of Money
PART THREE : THEORY OF INCOME DETERMINATION
10. The Consumption Function
11. The Investment Function
12. A Basic Model of Determination of GDP
13. Theory of the Multiplier
14. National Income Determination in an Open Economy with Government
15. Liquidity Preference and the Rate of Interest
16. Supply of Money and Creation of Credit
17. Monetary Policy
18. IS-LM Analysis
19. Business Cycles and Aggregate Shocks
PART FOUR : SOME MACROECONOMIC ISSUES IN OPEN ECONOMY
20. The Balance of Payments
21. The Market for Foreign Exchange
22. Fixed and Flexible Exchange Rate Systems

About The Author

S. K. Misra is a Reader in Economics in Hindu College, Delhi University and has a teaching experience spanning four decades.

 V.K. Puri is a Reader in Economics in Shyam Lal College, Delhi University and has a teaching experience of almost three decades. They have co-authored some very popular and widely acclaimed textbooks. These include Indian Economy (currently running in sixteenth edition), Bharatiya Arthavyavastha (the Hindi version of the above book currently running in tenth edition), Economics of Development and Planning (currently running in seventh edition). Microeconomics: Theory and Applications Part I and II (currently running in second edition). Modern Microeconomics and Modern Macroeconomic Theory.

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