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This book 'An Introduction to Macroeconomics' is an introductory textbook on Macroeconomics which covers almost all the topics of modern macroeconomics in a comprehensive manner. There are many excellent textbooks on Macroeconomics written by foreign as well as Indian authors. However, most of these books are above the standard of average students. Hence, this book is mainly written based on the requirements of the average students. Distinctive Features of the Book - - Precise and concise description of the principles, policies, laws, hypotheses, theories and models - Simple and easily understandable language - Exercises in the form of multiple choices type questions including UGC-NET questions of various years at the end of the respective chapters to enable the students for preparing for the UGC Test for Junior Research Fellowship and Eligibility Test for Lectureship - Covers the UGC-NET syllabus - Covers the syllabi of various Autonomous Colleges and leading Universities in India - Includes Nobel Laureates in Economics - Incorporates Glossary Contents - 1. Introduction 2. Basic Concepts 3. National Income 4. Full Employment and Unemployment 5. Classical Theory of Employment 6. Keynesian Theory of Employment 7. Consumption Function 8. Theories of Consumption Function 9. Saving and Investment 10. Multiplier 11. Acceleration Principle 12. Super Multiplier 13. Rate of Interest 14. IS-LM Model 15. Demand for Money and Supply of Money 16. Inflation 17. Deflation 18. Business Cycle 19. Macroeconomic Policy 20. Monetary Policy 21. Fiscal Policy 22. Incomes Policy 23. Classical Theory Versus Keynesian Economics 24. Monetarism Versus Keynesianism 25. Supply Side Economics 26. New Classical Economics 27. New Keynesian Economics 28. Macro Theories of Distribution 29. Schools of Thought in Macroeconomics
