Principles Of Macro Economics - I

This book has been designed strictly according of the latest syllabus of B.Com., B.A.(P), Semester VI, University of Delhi. The book is equally useful for students pursuing B.Com. and B.A. as well as similar courses from various institutes and universities including Universty of Delhi. TThe whole idea underlying this book is to expose the various concepts in a simple and crisp manner and thus help the students with different levels of understanding to go deep into the intricacies of the subject. Linkages between successive chapters and topics have been clearly established to ensure quick understanding of the text in the first reading itself. University Examination Papers of previous years along with suggestive guidelines/solutions for answers through indicated sections in this book further enhances the utility of this book. Chapter outline has been provided at the beginning of each chapter for the convenience of the students. Innovative techniques have been used for presenting each topic in the book. To keep the presentation as simple and intelligible as possible, diagrams and numerical problems have been given, wherever needed. Further, each topic in the book conforms to the recommended reading.

1. Introduction

2. National Output Concepts

3. Consumption Function

4. Investment Function

5. National Income Determination

6.Multiplier

7. National Income Determination in an Open Economy

8. Money: Definitions and Functions

9. Demand for Money and Supply of Money

10. Quantity Theory of Money

11. Creation of Deposit Money

12.Monetary Policy