Book Description
An excellent book for commerce students appearing in competitive, professional and other examinations. 1.Macro Economics , 2. National Income Accounting, 3. Concept of GDP and National Income , 4. Concept of Circular Flow of Income, 5. National Income : Definition, Measurement and Aggregates , 6. National Income and Economic Welfare, 7. National Income at Current Prices and Constant Prices : Nominal and Real Income and Limitation of GDP Concept, 8. Concepts of Actual GDP, Potential GDP and Aggregate Expenditure, 9. Say’s Law of Aggregate Expenditure or SAY’s Law of Market, 10.Keynesian Theory of Aggregate Expenditure : Equilibrium National Income, 11. Consumption function and Psychological Law of Consumption, 12. The Saving Function , 13. The Saving Function , 14. Marginal Efficiency of Capital, 15. Investment Multiplier, 16. Theory of Accelerator, 17. Determination of Equilibrium National Income , 18. National Income Determination : A Three Sector Closed Economy Model, 19. National Income Determination : A Four Sector Open Economy Model, 20. Concept of Money in Modern Economy, 21. Role (Importance) of Money : In Capitalist, Socialist and Mixed Economies, 22. Money Supply : Monetary Aggregates, 23. Demand for Money, 24. Theory of Money : Quantity Theory and Cambridge Theory , 25. Liquidity Preference and Rate of Interest , 26. Creation of Credit by Banks, 27. Monetary Policy, 28. Reserve Bank of India and Monetary Control or Monetary Policy of India.
