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Macroeconomics Theory and Applications 4th Edition by Gupta ISBN 978-9339214364 9339214366

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Macroeconomics Theory and Applications 4th Edition G.S. Gupta Digital Instant Download

Author(s): G.S. Gupta
ISBN(s): 9789339214364, 9339214366
Edition: 4
File Details: PDF, 109.63 MB
Year: 2015
Language: english
SKU: EB-10954858 Category: Tag:

Macroeconomics Theory and Applications 4th Edition by G.S. Gupta- Ebook PDF Instant Download/Delivery: 978-9339214364,   9339214366
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Product details: 

ISBN 10:   9339214366

ISBN 13: 978-9339214364

Author:  G.S. Gupta

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Table of contents: 

PART 1. INTRODUCTION AND MEASUREMENT

  1. Introduction: An Overview

    • Economics

    • Microeconomics and Macroeconomics

    • Methodology in Economics

    • Theory of Aggregation

    • Macroeconomic Goals and Instruments

    • Subject Matter of Macroeconomics

    • Indian Economy vis-à-vis the World Economy

    • Keywords

    • References

    • Review Questions

  2. National Income

    • Income Concepts

    • Economic Units and Circular Flow of Income

    • Income Measurements

    • Nominal and Real Income

    • Measured and PPP Income

    • Income and Human Development Index

    • Income and Welfare

    • International Data and Comparative Analysis

    • Keywords

    • References

    • Review Questions

  3. Inflation, Unemployment, and Poverty

    • Unemployment

    • Poverty

    • Income Inequality

    • Keywords

    • References

    • Review Questions

  4. Money, Fiscal and Foreign Sector Variables

    • Money and Liquidity Magnitudes

    • Interest Rates

    • Fiscal Magnitudes

    • Foreign Sector Magnitudes

    • Keywords

    • References

    • Review Questions

PART 2. BEHAVIOURAL AND TECHNOLOGICAL FUNCTIONS

  1. Consumption Function

    • Components of Consumption

    • Determinants of Consumption

    • Consumption Function

    • Conclusion

    • Keywords

    • References

    • Review Questions

  2. Investment Function

    • Components of Investments

    • Motivation for Investment

    • Investments and Capital

    • Determinants of Investment

    • Investment Function

    • Conclusion

    • Keywords

    • References

    • Review Questions

  3. Government, Foreign Trade and Foreign Exchange Rate Functions

    • Government Sector

    • Net Exports and Globalisation

    • Open Economy

    • Net Exports, Income Identity and Saving–Investment Gap

    • Determinants of Trade/Exports and Imports

    • Net Export Function

    • Determinants of Capital Flows and the Function

    • Foreign Exchange Rate System

    • Determinants of Foreign Exchange Rate

    • International Financial Institutions

    • Conclusion

    • Keywords

    • References

    • Review Questions

  4. Money Demand and Supply Functions

    • Demand for Money

    • Supply of Money

    • Regulation of Money Supply and Instruments of Monetary Policy

    • Conclusion

    • Keywords

    • References

    • Review Questions

  5. Production Function, Factor Market and Aggregate Supply Function

    • Production Function

    • Demand for Factors of Production

    • Supply of Factors of Production

    • Factor Market Equilibrium

    • Aggregate Supply Function

    • Phillips Curve

    • Phillips Curve vis-à-vis Aggregate Supply Function

    • Price Expectations’ Models

    • Conclusion

    • Keywords

    • References

    • Review Questions

PART 3. ECONOMIC FLUCTUATIONS AND STABILISATION POLICY: MACROECONOMIC MODELS

  1. Business Cycles, Stabilisation Policies and Economic Models

    • Business Cycles

    • Stabilisation Policies

    • Macroeconomic Models

    • Keywords

    • References

    • Review Questions

  2. Classical and Keynesian Fixed Price Models

    • Classical Model

    • Keynesian Cross Model

    • Keynesian IS–LM Model

    • Applications of the Keynesian Model

    • Conclusion

    • Keywords

    • References

    • Review Questions

  3. Keynesian Fixed Price, Open Economy (Mundell–Fleming) Model

    • Open Economy IS–LM–BP Functions

    • Open Economy IS–LM–BP Model under Perfect Capital Mobility and Floating Exchange Rate System

    • Open Economy IS–LM Model under Perfect Capital Mobility and Fixed Exchange Rate System

    • Open Economy IS–LM–BP Model with Imperfect Capital Mobility, Managed Exchange Rate and Monetary Sovereignty

    • A Comparative Analysis

    • Conclusion

    • Keywords

    • References

    • Review Questions

  4. Keynesian Flexible Price (AD–AS–BP) Model and Policy Debate

    • Flexible Price IS–LM Functions

    • Flexible Price AD Function

    • Flexible Price AS Function

    • Flexible Price BP Function

    • Flexible Price AD–AS Model

    • The AD–AS Model: Policy Mechanisms/Channels

    • The AD–AS Model — Illustrations

    • The AD–AS–BP Model and Internal and External Equilibrium

    • Supply Shocks and Supply Side Economics

    • Policy Lags and Discretionary Versus Rule-Based Policy

    • Fiscal Policy vis-à-vis Monetary Policy

    • Conclusion

    • Keywords

    • References

    • Review Questions

  5. New Classical and New Keynesian Models

    • New Classical Model

    • New Keynesian Model

    • Conclusion

    • Keywords

    • References

    • Review Questions

  6. Unemployment and Inflation: Causes, Consequences and Cures

    • Causes of Unemployment

    • Consequences of Unemployment

    • Cures for Unemployment

    • Conclusion

    • Keywords

    • References

    • Review Questions

PART 4. ECONOMIC GROWTH AND THE STATE OF MACROECONOMICS

  1. Economic Growth

    • Determinants of Income and Growth

    • Harrod–Domar Model

    • Solow (Exogenous Growth) Model

    • Golden Rule

    • Limitations of the Solow Model

    • Endogenous (New) Growth Theory

    • Evidences on Sources of Growth

    • Limits to Economic Growth

    • Conclusion

    • Keywords

    • References

    • Review Questions

  2. State of Macroeconomics

    • Measurement of Economic Variables

    • Business Cycles and Stabilisation Policies

    • Economic Growth

    • Conclusion

    • Keywords

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