Macroeconomics: Theory and Policy provides students with comprehensive coverage of all the essential concepts of macroeconomics. A balanced approach between theoretical and mathematical aspects of the subject has been adopted to ensure ease and clarity in learning. The book brings classroom teaching directly to the student with the friendly language that it uses. The purpose behind this book is not only to make the study of macroeconomics simple for the students but to enable them to apply it to every day situations and the prevailing economic state of affairs. The wide coverage of topics has been designed for use in courses on macroeconomics at the undergraduate level of Indian universities.

Several numerical illustrations to facilitate better understanding
Generous use of diagrams to enhance understanding of concepts
Recap boxes to assist students in recapitulating and reviewing the text discussed in every section
A variety of Review Questions that aim at checking the understanding of the students
Important definitions in the margin to make reading interesting for the students
Numerous unsolved numerical problems for practice

Contents :
1. Introduction
2. National Income and its Determination
3. Theories of Consumption and Investment Spending
4. An Analysis of the Monetary Sector
5. The IS-LM Framework: Equilibrium in the Goods and Money Markets
6. Inflation and Unemployment
7. The Open Economy Macroeconomics & the Framework of Macroeconomic Policies

Video lectures comprise video-recorded explanations of what is essentially the core of the book for students, so that they may learn at their own convenience. These step-by-step lectures offer students a quicker yet deeper understanding of the most important topics included in the book. These lectures will also prove to be of great help for the last minute brush-up of basic concepts. Further, a sleek, overlying table of contents in the video lectures helps students jump to the topics they need to cover at any particular moment.



Click on the links below to view the video lectures accompanying Macroeconomics: Theory and Policy:

An Introduction to Macroeconomics
The Circular Flow of Income and Expenditure
National Income
The Classical Model of Income Determination
The Keynesian Model of Income Determination in a Two Sector Economy
Shifts in the Aggregate Demand and the Multiplier
Theories of Consumption
Theories of Investment Spending
Money