MACROECONOMIC THEORY PDF
By:M. MARIA JOHN KENNEDY
Published on 2011-02-12 by PHI Learning Pvt. Ltd.
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Macroeconomic theories were designed to cope up with the economic turmoil, such as Great Depression, so as to stabilize the economy. This book comprehensively explains the broad aggregates and their interactions such as national income and output, the unemployment rate, and price inflation, and sub-aggregates like total consumption and investment spending, and their components. Divided into six parts, the textbook elaborates various aspects of macro-economics—circular flow and its effects on national income, monetary theory, business cycle theory and macroeconomic policies—in detail. The book makes clear the difference between three approaches to economics—Keynesian economics, which focuses on demand; New-classical economics, which is based on rational expectations and efficient markets; and Innova-tion economics, which is focused on long run growth through innovation. A prominent feature of this text is the use of simple algebraic expressions and formulations to reinforce analytical expositions of complex macroeconomic theories in students. The book also explicates how macroeconomic models and their forecasts can be utilized by both governments and large corporations to assist in the development and evaluation of economic policy. The chapters are incorporated with real-life examples giving practical insight on the subject. Primarily intended for the undergraduate and postgraduate students of economics, this book can also be beneficial for the students opting for the courses in commerce.
This Book was ranked at 16 by Google Books for keyword Macroeconomics.
Book ID of MACROECONOMIC THEORY's Books is xzgtHx9ldgQC, Book which was written byM. MARIA JOHN KENNEDYhave ETAG "o5KaJdBGQKE"
Book which was published by PHI Learning Pvt. Ltd. since 2011-02-12 have ISBNs, ISBN 13 Code is 9788120342408 and ISBN 10 Code is 8120342402
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Book which have "400 Pages" is Printed at BOOK under CategoryBusiness and Economics
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