Macroeconomics
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Cover Title Contents PART I - MACROECONOMICS: THEORY OF INCOME AND EMPLOYMENT Chapter 1 - Nature and Scope of Macroeconomics Chapter 2 - Circular Flow of Income and National Income Accounting Chapter 3 - Classical Full-Employment Model Appendix to Chapter 3 Chapter 4 - Keynes's Theory of Employment: An Outline Chapter 5 - Determination of National Income: Keynes's Simple Two-Sector Model Appendix to Chapter 5 Chapter 5A - Determination of National Income with Government: Three-Sector Model Appendix to Chapter 5A Chapter 6 - Consumption Function Chapter 7 - Post-Keynesian Theories of Consumption Chapter 8 - Invesment Demand Chapter 9 - Theory of Multiplier Appendix to Chapter 9 Chapter 10 - Aggregate Demand-Aggregate Supply Model (With Price Flexibility) Appendix to Chapter 10 Chapter 11 - Unemployment, Full Employment and Wage-Employment Relationship PART II - IS-LM MODEL, INFLATION-UNEMPLOYMENT TRADE-OFF AND RECENT DEVELOPMENTS IN MACROECONOMICS Appendix to Chapter 12 Chapter 13 - Inflation-Unemployment Trade-Off: Phillips Curve and Rational Expectations Theory Chapter 14 - Stagflation and Supply-Side Economics Chapter 15- The New Classical Economics: Rational Expectations Model Chapter 16 - The New Keynesian Economics PART III - MONETARY DEMAND AND SUPPLY Chapter 17 - Money: Nature, Functions and Role Chapter 18 - Credit and Commercial Banking Chapter 19 - Central Banking Chapter 19A - Objectives and Instruments of Monetary Policy Appendix to Chapter 19A Chapter 20 - Supply of Money and its Determinants Chapter 21 - Demand for Money and Keynes's Liquidity Preference Theory of Interest Chapter 22 - Post-Keynesian Theories of Demand for Money PART IV - MONEY, PRICES AND INFLATION Chapter 23 - Money and Prices: Quantity Theory of Money Chapter 24 - Keynes's Monetary Theory: Money, Income and Prices Chapter 25 - Monetarism and Friedman's Restatement of Quantity Theory of Money Chapter 25A - Monetarism and Keynesianism Compared Chapter 26 - Inflation and Hyperinflation: Causes, Effects and Cure Appendix to Chapter 26 PART V - BUSINESS CYCLES AND MACROECONOMIC POLICY Chapter 27 - Analysis of Business Cycles Chapter 27A - Kaldor and Goodwin's Model of Business Cycles Chapter 27B - Monetarist and New Classical (Rational Expectations) Theories of Business Cycles Chapter 27C - Real Business Cycle Theory Chapter 28 - Economic Stabilisation: Fiscal Policy Chapter 29 - Economic Stabilisation: Monetary Policy PART VI - GOVERNMENT AND THE MACROECONOMY: GOVERNMENT'S BUDGET CONSTRAINT AND FISCAL POLICY Chapter 30 - Government in the Macroeconomy: Public Expenditure Chapter 31 - Financing of Government Expenditure: Taxation Chapter 32 - Role of Fiscal Policy and Taxation in Resource Mobilisation for Economic Growth Chapter 33 - Government Borrowing Or Debt-Financing of Budget Deficit Chapter 33A - Government Budget Constraint: Money Financing of Budget Deficit Appendix to Chapter 33A PART VII - OPEN ECONOMY MACROECONOMICS Chapter 34 - Balance of Payments Chapter 34A - The Monetary Approach to the Balance of Payments Chapter 35 - Foreign Exchange Rate Chapter 36 - Determination of National Income in an Open Economy and Foreign Trade Multiplier Chapter 37 - Free Trade Versus Protection Chapter 38 - International Linkages and Mundell-Fleming Model Chapter 38A - Globalisation, Commercial Policy and WTO Appendix to Chapter 38A PART VIII - THEORIES OF ECONOMIC GROWTH Chapter 39 - Economic Growth and its Determinants Chapter 40 - Harrod-Domar Model of Growth Chapter 41 - Neoclassical Theory of Growth Chapter 42 - New Theory of Growth (Endogenous Growth Model) Chapter 43 - Theory of Economic Development with Surplus Labour: Lewis Model Chapter 44 - Limitations and Relevance of Keynesian Economics for Developing Countries Chapter 45 - Nature of Unemployment in Labour-Surplus Developing Countries Chapter 46 - Development Strategies for Labour-Surplus Developing Countries Chapter 47 - Sen Vs. Bhagwati: Debate on Growth and Distribution
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