Theories and Policies of Macroeconomics

Description

When we study economy at large, we use the term “Macroeconomics”. Macroeconomics is concerned with the understanding of aggregate phenomena such as economic growth, business cycles, unemployment, inflation, and international trade among others. These topics are of particular relevance for the development and evaluation of economic policy. This book “Theories and Policies of Macroeconomics” deals with 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 everyday situations and the prevailing economic state of affairs. It is an intermediate level macroeconomics textbook that develops the core elements of modern macroeconomic theory in easily digestible bits using indifference curves, budgets constraints, and simple math. Core ideas and applications are stressed throughout.