Description

Overview:

This comprehensive textbook on macroeconomics offers an in-depth exploration of economic theories, policies, and their real-world applications. By exploring topics such as national income determination, economic growth, inflation, unemployment, and international economics, it provides students and educators with a thorough understanding of macroeconomic principles. Updated with the latest data and enhanced explanations, this edition bridges the gap between theory and practice. This book will serve as a valuable resource for management students and economics professionals, offering essential insights for mastering the complexities of modern macroeconomics.

Key Features:

? Inclusion of new topics such as:
• Pre-Classical Economic Thoughts: The Mercantilism
• Framework of the Consumption Theory
• Current Measures of Money Supply by the RBI
? Introduction of modern methods for estimating national income, along with current estimates
? Updated data included in various tables across chapters