Macroeconomics : Theory & Policy, 3/e

This book provides a comprehensive discussion on macroeconomics. Meant for undergraduate and postgraduate students, its treatment and presentation of the thoughts and theories of the subject makes it easily comprehensible. The importance of the macroeconomics as a subject of study has increased immensely over the past two decades due to the persistence of macroeconomic problems of achieving and maintaining and reasonably high growth rate, preventing growth of unemployment and promotion of employment, restricting inflation to a desirable rate, and stabilizing the financial market. The recent global recession and the problems that it created for both developed and developing economics proves the point.