Macroeconomics: Theory and Policy | 6th Edition | D.N. Dwivedi

Author: D.N. Dwivedi

Brand: McGraw-Hill Education

Binding: paperback

Number Of Pages: 752

Release Date: 12-07-2025

Details: 📘 About the Book / Overview

This comprehensive textbook on macroeconomics offers an in-depth exploration of economic theories, policies, and their real-world applications. By covering 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 serves as a valuable resource for management students and economics professionals, offering essential insights for mastering the complexities of modern macroeconomics.

✨ Salient 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

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📑 Table of Contents
PART I: Introduction 1️⃣ Introduction to Macroeconomics 2️⃣ Circular Flow Model of the Economy 3️⃣ Measurement of National Income PART II: Product Market Analysis: Theory of National Income Determination 4️⃣ Classical Theory of Output and Employment Determination 5️⃣ Keynesian Theory of Income Determination: A Two-Sector Model 6️⃣ Change in Investment and Investment Multiplier 7️⃣ Theory of Income Determination in Three Sector Model 8️⃣ Income Determination in Open Economy: The Four-Sector Model PART III: Theories of Consumption and Investment 9️⃣ Theories of Aggregate Consumption 🔟 Theory of Investment and Capital Accumulation PART IV: Analysis of Monetary Sector 11️⃣ Money: Definition, Functions and Importance 12️⃣ The Supply of Money 13️⃣ The Classical Theory of Money Demand and Interest Determination 14️⃣ Keynesian Theory of Money Demand and Interest Determination 15️⃣ The Post-Keynesian Theories of Money Demand PART V: Integration of Product and Money Markets: The IS-LM Model 16️⃣ The IS-LM Model I: The Two-Sector Model 17️⃣ The IS-LM Model: The Three-Sector Model 18️⃣ The IS-LM Model: The Four-Sector Model 19️⃣ Synthesis of Classical and Keynesian Approach to General Equilibrium 2️⃣0️⃣ Post-Keynesian Macroeconomics PART VI: Economic Growth and Business Cycles 2️⃣1️⃣ Theories of Economic Growth 2️⃣2️⃣ Business Cycle Theories and Global Recession PART VII: Dynamics of Inflation and Unemployment 2️⃣3️⃣ Inflation: Meaning, Measure and Effects 2️⃣4️⃣ Theories of Inflation and Control Measures 2️⃣5️⃣ Inflation and Unemployment PART VIII: Some International Aspects of Macroeconomics 2️⃣6️⃣ Foreign Exchange Rate 2️⃣7️⃣ Balance of Payments: Meaning and Assessment 2️⃣8️⃣ Balance of Payments Disequilibrium and Methods of Adjustments PART IX: Macroeconomic Policies: Monetary and Fiscal Policies 2️⃣9️⃣ Macroeconomic Policies: Meaning, Objectives and Formulation 3️⃣0️⃣ Monetary Policy 3️⃣1️⃣ Fiscal Policy 3️⃣2️⃣ Demonetisation and Implementation of Goods and Services Tax (GST) Appendix: 📂 Solutions to Numerical Questions 🔑 Glossary 🔍 Index

EAN: 9789364444279

Package Dimensions: 9.4 x 7.2 x 1.5 inches

Languages: English