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	Macroeconomic Theory, 10/Ed by T. N. Hajela
	Price : Rs 350.00
	Your Price : Rs 297.50

This edition has been thoroughly revised, updated and re-written. The earlier edition had 23 chapters while this edition contains 42 chapters. In all 19 new chapters have been added. The entire matter has been presented in the simplest possible language and style, dividing it into small headings so as to make it intelligible even to those who have no grounding in economics. The book is primarily meant for the students of undergraduate and postgraduate courses in economics of all Indian Universities, but it is equally useful for those who are preparing for the All-Indian and State level competitions. It is hoped that this edition will now serve their needs better. PART ONE : INTRODUCTION 1. Definition and Scope of Macroeconomics PART TWO : NATIONAL INCOME AND ECONOMIC ACCOUNTING 2. National Income and National Product 3. The Circular Flow of Income and Expenditure 4. National Income and Economic Welfare 5. Social Accounting or National Accounting PART THREE : NATIONAL OUTPUT AND EMPLOYMENT 6. Unemployment and Full Employment 7. Theory of Employment 8. The Consumption Function 9. The Theories of Consumption Function 10. The Investment Function 11. The Multiplier and the Accelerator 12. Post-Keynesian Developments in Investment Theory 13. Saving-Investment Equality 14. Keynes Theory of Income and Employment and Under-developed Countries PART FOUR : THEORY OF MONEY 15. Evolution and Functions of Money 16. The Determination of Value of Money: Transactions Approach 17. The Determination of Value of Money: The Keynesian Approach 19. The Neutrality and Non-Neutrality of Money 20. The Real Balance Effect 21. The Supply of Money 22. Creation of Credit 23. Central Banking: Functions and Credit Control PART FIVE : THEORY OF INTEREST 24. The Demand for Money 25. Theories of Interest Rate 26. Term Structure of Interest Rates PART SIX : THEORY OF PRICES 27. Inflation, Deflation and Reflation 28. Price Changes and Level of Unemployment (Phillips Curve and Stagflation) 29. Theories of Trade Cycles 30. Samuelsons Multiplier-Accelerator Interaction Model of Trade Cycle 31. Hicks Model of the Trade Cycle 32. Kaldors Model of the Trade Cycle PART SEVEN : MACROECONOMIC POLICY 33. Objectives of Macroeconomic Policy 34. Monetary Policy: Objectives, Targets and Indicators 35. Operational Aspects of Monetary Policy 36. The Liquidity Theory of Money 37. Fiscal Policy for Stable Growth 38. Fiscal Policy for Economic Development 39. Efficacy of Monetary and Fiscal Policies 40. Coordination between Instruments and Objectives of Monetary and Fiscal Policies 41. Monetarism Versus Keynesianism 42. Non-Banking Financial Intermediaries (NBFls) Appendix-I-A Note on Supply-Side Economics Appendix-II-A Note on New Classical Macroeconomics, Select Bibliography ISBN - 9788180522826

Pages : 736