Description
Wiley India Textbook Of Modern Macroeconomics by L N Dutta
As a modern textbook on macroeconomics, this book thoroughly reviews the existing theories and models on different aspects of macroeconomy. The book attempts to relate abstract theories with their applied aspects. The distinguishing feature of the book is that it has been written largely in the context of Indian macroeconomy with sufficient number of illustrations and empirical evidence. This contrasts glaringly with most textbooks on macroeconomics which have been written chiefly in the context of western developed economies like the US and UK.
About the Author
L.N. Dutta was professor of Economics at Ranchi University. He has a teaching experience of over 35 years in the postgraduate departments of Ranchi University and some of the management institutes of repute, besides guiding and supervising a good number of research scholars leading to their PhD degrees. Dr. Dutta has special interest in areas such as macro and microeconomic theories, mathematical economics and econometrics, agricultural economics and development economics. He has written a good number of research papers which have been published in various journals of repute.
TABLE OF CONTENTS
BOOK REVIEW
National income analysis
Classical macroeconomics
Keynesian macroeconomics
The IS-LM system
Aggregate demand and aggregate supply: a new model
Theory of demand for money: post Keynesian development
The supply of money and the banking system
Modern macroeconomics: fiscal policy
Modern macroeconomic monetary policy
Inflation
Macro theories of consumption savings
Macroeconomics: open economy
The global recession, 2008