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	Macroeconomics by Misra & Puri
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The present book has been prepared strictly according to the new Syllabus of Delhi University. It covers the entire syllabus in a comprehensive and exhaustive way. The entire discussion is divided into six units. The organisation, structure and contents of these units are as follows:

Unit 1 on `Introduction to Macroeconomics` consists of one chapter in which the definition of macroeconomics and the macroeconomic issues facing an economy are discussed in a detailed way.

Unit 2 on `National Income Determination` consists of four chapters. We start with the discussion of consumption function in Chapter 2 and follow it up with the discussion of investment function in Chapter 3. In Chapter 4 we consider national income determination in a two sector economy while Chapter 5 is devoted to a discussion of the multiplier.

Unit 3 is on `National Income Determination in an Open Economy with Government.` It consists of Chapter 6 which discusses national income determination in a three sector and a four sector economy.

Unit 4 is on `GDP and Price Level in Short Run and Long Run.` It consists of two chapters - Chapter 7 and Chapter 8. In Chapter 7, the relationship between GDP and price level is discussed in the framework of short-run while in Chapter 8, this relationship is discussed in the context of long run.

Unit 5 on `Monetary Economy` consists of six chapters. We start with a discussion on the nature and functions of money in Chapter 9. This is followed by a discussion on the demand for money in Chapter 10 and the analysis of the quantity theory of money in Chapter 11. Chapter 12 considers the liquidity preference theory of interest while Chapter 13 discusses the various concepts of money supply and explains the process of credit creation. Chapter 14 discusses the monetary policy.

Unit 6 is on `IS-LM Analysis`. It consists of Chapter 15 which is devoted to a discussion of the IS-LM model which explains the simultaneous equilibrium in product market and money market.ISBN - 9789350517758

Pages : 288

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Macroeconomics

by Misra & Puri