Macroeconomics : Theory and Policy
- 20th ed.
- New Delhi: S Chand, 2024.
- 936p.
This textbook acquaints the students with the latest trends and tendencies in macroeconomics analysis and policy. It keeps in view the macroeconomic environment of the developing economies, especially the emerging Indian economy, while analysing and discussing various theories and policies of macroeconomics. Not confining itself to mere Keynesian macroeconomics, it critically examines the post-Keynesian developments in macroeconomics as well., Exclusive coverage on critical examination of Harrod-Domar Model of Growth, Neoclassical Theory of Growth, New Growth Theory and Lewis Model of Development with Surplus Labour, Inclusion of a chapter on International Economic Linkages and Mundell-Fleming Model to enhance students understanding of the current impact of globalisation on the Indian economy, Coverage on Nature of Unemployment and Development Strategies for Labour-Surplus Developing Countries, Close to 300 figures for better understanding of the concepts as well as 450+ chapter-end questions for practice...