000			03425 a2200169 4500
020			_a978818182812987
082			_a330 _bJHI
100			_aJhingan, M. L.
245			_aMacro economic theory
250			_aEd.12
260			_bVrinda Publications (P) Ltd. _c2010 _aDelhi
300			_axviii,550p.
505			_aCONTENTS : PART ONE-INTRODUCTION 1 The Nature and Scope of Macroeconomics 1 PART TWO-NATIONAL INCOME 2 National Income : Meaning and Measurement 11 3 Economic Welfare and National Income 28 4 National Income Accounting 33 5 The Circular Flow of Income 49 PART THREE-MACROECONOMIC THEORY 6 The Classical Theory of Employment 54 7 Say's Law of Market 62 8 The Principle of Effective Demand : Aggregate Demand and Aggregate Supply 65 9 The Consumption Function 71 10 Theory of the Consumption Function 80 11 The Investment Function 91 12 The Concept of Multiplier 101 D Complex Multipliers 110 14 Foreign Trade Multiplier 115 15 The Principle of Acceleration and the Super Multiplier 120 16 Some New Theories of Investment 128 17 The Saving Function 144 18 Saving and Investment Equality 149 19 The Model of National Income Determination 154 20 The Keynesian Theory of Income, Output and Employment: A Summary 161 21 The Classical Vs. Keynesian Models of Income and Employment 164 22 Unemployment and Full Employment 172 23 Applicability of Keynes's Theory to Underdeveloped Countries 175 PART FOUR-MONETARY THEORY 24 Money 180 25 Changes in the Value of Money : The Quantity Theory of Money and its Variants 189 26 The Keynesian Theory of Money and Prices 198 27 Friedman's Restatement of the Quantity Theory of Money 202 28 The Supply of Money 207 29 Credit Creation by Commercial Banks 217 30 Central Banking: Functions and Credit Control 222 31 The Monetarist Revolution 235 32 The Demand for Money 239 33 Theories of Interest Rate 252 34 Term Structure of Interest Rate 269 35 The Real Balance Effect and Pigou Effect 280 36 Wage-Price Flexibility and Full Employment 286 PART FIVE-INFLATION AND BUSINESS CYCLES 37 Inflation and Deflation 295 38 Business Cycles 331 PART SIX-GROWTH MODELS 39 The Harrod-Domar Models 361 40 The Solow-Swan Model of Growth 368 41 The Solow-Swan Model of Economic Growth 373 42 The Endogenous Growth Theory 376 43 Steady State Growth 381 44 The Golden Rule of Accumulation 385 PART SEVEN--MACROECONOMIC POLICIES 45 Macroeconomic Policy 389 46 Monetary Policy 404 47 Classical, Keynesian and Modern Views on Monetary Policy 409 48 The Liquidity Theory of Money 413 49 Fiscal Policy 417 50 Monetarism versus Keynesianism 425 51 IS and LM Functions: General Equilibrium of Product and Money Market 432 52 Extensions of IS-LM Model 438 53 Effectiveness of Monetary and Fiscal Policy 449 PART EIGHT-MODERN MACROECONOMICS 54 The Rational Expectations Hypothesis 458 55 Supply-side Economics 463 56 The New Classical Macroeconomics 468 57 The Real Business Cycle Theory 475 58 New Keynesian Economics 480 PART NINE-MACROECONOMICS IN OPEN ECONOMY 59 Balance of Payments : Meaning and Components 491 60 Adjustment Mechanisms of Balance of Payments 501 61 Balance of Payments Policies : Internal and External Balance 512 62 Foreign Exchange Rate 526 63 Foreign Exchange Rate Policy 537
890			_aIndia
891			_aFT
942			_2ddc
999			_c40984 _d40984