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This book of Macroeconomics is a text book which systematically analyses several aspects of economic scenario in a proper theoretical and graphical manner. It is experience of author of this book that traditional text book carries bulk descriptions and heaps of data but limited analytical illustrations and consequently students loose interest in concerned subject matter. From long-term view point, it is harmful for advancement of concerned subject. Author have integrated macro concept and provides missing links of information to students which is a special feature of this book. This book is divided into 27 chapters dealing with issues confronting every economy. Treatment is exhaustive and has emphasized on analysis instead of mere decription of facts. Author believes that is will enhance utility of this book from the point of view of students and teachers. In identifying the potentials and pressure areas, relevant explanations have been provided to deal with various economic problems and also has suggested suitable remedies. This book will be very helpful to every student of Economics of post-graduate level like M.A., M.Com., M.B.A., M.B.E., M.F.C. of all universities in India and abroad and in addition to that it will also help candidates preparing for UGC (NET), SLET, IAS, IES and allied services in all India as well as state level. Contents : PART I : INTRODUCTION 1. Macroeconomy − A Simple Introduction PART II : CLASSICAL AND KEYNESIAN APPROACH OF AGGREGATE DEMAND AND SUPPLY FUNCTION 2. Determination of Output and Employment PART III : BEHAVIOURAL FOUNDATION 3. Theory of Consumption and Saving 4. Income and Consumption : Relevant Hypothesis 5. Theory of Investment − Investment Function PART IV : AGGREGATE DEMAND, AGGREGATE SUPPLY AND SUPPERMULTIPLIER MODEL 6. Aggregate Demand and Aggregate Supply Function and Level of Income 7. Theory of Multiplier 8. The Principle of Acceleration 9. Paul Samuelson`s Multiplier-Accelerator Interaction Model or the Supermultiplier PART V : NATIONAL INCOME, CAPITAL FORMATION, GOVERNMENT EXPENDITURE, TAX AND TRANSFER MULTIPLIER 10. Determination of National Income and Output, Distribution of Income and Capital Formation 11. Government Expenditure and the Level of Income PART VI : ANATOMY OF UNEMPLOYMENT AND INFLATION 12. Unemployment 13. The Theory of Inflation and Control PART VII : MONEY & BANKING 14. Demand for Money 15. Determination of Supply of Money and Implications of Philips Curve Analysis 16. Money Market 17. Banking System PART VIII : TRADE CYCLE MODELS AND INTERNATIONAL TRADE 18. Business Cycle 19. International Trade and Level of Income PART IX : INCOME, MONEY, INTEREST AND OUTPUT − PRICE DETERMINATION 20. Classical and Keynesian Macroeconomics − A Comparison 21. Output − Price Determination 22. Hicks - Hansen Analysis PART X : ADVANCED TOPICS OF POLICY FORMULATION 23. General Equilibrium or Macroeconomic Equilibrium in the Product and Money Markets and Relative Roles of Monetary and Fiscal Policies 24. Economic Policy - Macroeconomic Policy 25. Instrument of Macroeconomic Policy - Monetary Policy 26. Instrument of Macroeconomic Policy - Fiscal Policy 27. Union Budget 2009-2010
