Macro-Economic Theory
	Part One :
	» Introduciton » The Nature and Scope of Macro-economics
	Part Two :
	» National Income and Economic Accounting » National Income : Concept and Measurement » Economic Welfare and National Income » National Economic Accounting » The Circular Flow of Income and Expenditure
	Part Three :
	» Macroeconomic Theory » The Classical Theory of Employment » Say’s Law of Markets » The Principle of Effective Demand: Aggregate Demand and Aggregate Supply » The Consumption Function » Theories of Consumption Function » The Investment Function » The Concept of Multiplier » Balanced Budget Multiplier and Foreign Trade Multiplier » The Principle of Acceleration and the Super-Multiplier » Some New Theories of Investment » Savings and Investment Equality » Income Determination in Closed and Open Economy » The Keynesian Theory of Income, Output and Employment: A Summary » The Classical and Keynesian Models of Income and Employment : The Nature and Extent of the Keynesian Revolution » Unemployment and Full Employment » Applicability of Keynes Theory to Underdeveloped Countries
	Part Four :
	» Monetary Theory » Money » Changes in the Value of Money : The Quantity Theory of Money and Its Variants » The Keynesian Theory of Money and Prices » The Real Balance Effect » Friedman’s Restatement of the Quantity Theory of Money » The Supply of Money » Creation of Credit » Central Banking : Functions and Credit Control » The Demand for Money » Theories of Interest Rates » Term Structure of Interest Rates » IS and LM Functions : General Equilibrium of Product and Money Markets » Wage-Price Flexibility and Employment » Inflation
	Part Five :
	» Theories of Business Cycles » Business Cycles : Meaning and Nature » Samuelson’s Model of Trade Cycle » Hicks’s Model of the Trade Cycle » Kaldor’s Model of the Trade Cycle
	Part Six :
	» Growth Models » The Harrod-Domar Models » The Kaldor Model of Distribution » The Pasinetti Model of Profit and Growth » Joan Robinson’s Model of Capital Accumulation » Meade’s Neo-Classical Model of Economic Growth » The Solow Model of Long-Run Growth » Kaldor’s Model of Growth » The Models of Technical Change » The Stylised Facts and Steady State Growth » The Golden Rule of Accumulation » Growth Accounting
	Part Seven :
	» Macro-economic Policy » Objectives of Macro-economic Policy » Monetary Policy : Instruments and Types » Non-Bank Financial Intermediaries (NBFIs) » Classical, Keynesian and Modern Views on Monetary Policy » The Liquidity Theory of Money » Fiscal Policy » Effectiveness of Monetary and Fiscal Policy » The Rational Expectations Hypothesis » Monetarism Versus Keynesianism » The New Classical Macro-economics » Supply side Economics
	Part Eight :
	» Macroeconomics in Open Economy » Balance of Payments : Meaning and Components » Adjustment Mechanisms of Balance of Payments » Balance of Payments Policies : Internal and External Balance » Foreign Exchange Rate » Foreign Exchange Rate Policy.