Macroeconomics
13th Edition
936444552X
·
9789364445528
© 2026 | Published: June 8, 2026
About the Book:A leading text on ‘Macroeconomics’, this book follows a clear, balanced, and model-based approach that equips students with the tools to analyze economic policy - its strengths as well as its limitations—and to connect theory wit…
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1. Introduction
2. National Income Accounting
3. Growth and Accumulation
4. Growth and Policy
5. Aggregate Supply and Demand
6. Aggregate Supply and the Phillips Curve
7. Unemployment
8. Inflation
9. Policy Preview
10. Income and Spending
11. Money, Interest, and Income
12. Monetary and Fiscal Policy
13. International Linkages
14. Consumption and Saving
15. Investment Spending
16. The Demand for Money
17. The Fed, Money, and Credit
18. Policy
19. Financial Markets and Asset Prices
20. The National Debt
21. Recession and Depression
22. Inflation and Hyperinflation
23. International Adjustment and Interdependence
24. Advanced Topics
Appendix
Glossary
Index
2. National Income Accounting
3. Growth and Accumulation
4. Growth and Policy
5. Aggregate Supply and Demand
6. Aggregate Supply and the Phillips Curve
7. Unemployment
8. Inflation
9. Policy Preview
10. Income and Spending
11. Money, Interest, and Income
12. Monetary and Fiscal Policy
13. International Linkages
14. Consumption and Saving
15. Investment Spending
16. The Demand for Money
17. The Fed, Money, and Credit
18. Policy
19. Financial Markets and Asset Prices
20. The National Debt
21. Recession and Depression
22. Inflation and Hyperinflation
23. International Adjustment and Interdependence
24. Advanced Topics
Appendix
Glossary
Index
About the Book:
A leading text on ‘Macroeconomics’, this book follows a clear, balanced, and model-based approach that equips students with the tools to analyze economic policy - its strengths as well as its limitations—and to connect theory with real-world issues. Retaining the rigor and accessibility of the original text, it provides a strong foundation in intermediate macroeconomics and demonstrates how different models are linked to current economic debates.
This adapted edition aims to meet the need for a text that explains macroeconomics in both global and Indian contexts. It incorporates recent changes in India’s National Income Accounting, new methodologies of measurement, and the specific features of the Indian macroeconomic environment. With Indian data, examples, and policy discussions integrated into the original framework, the book enables B-School and university students to gain a deeper understanding of not only the U.S. and world economy but also the structure, challenges, and dynamics of India’s economy today.
Key Features:
• Balanced rigor and clarity through a ‘compassionate difficulty’ approach.
• Analytical skills with a strong model-based framework.
• Focus on Indian macroeconomy while covering global perspectives and international linkages.
• Theory connected to practice with updated data and real-world examples in both global and Indian context.
• Current and practical examples, using Indian company data, updated statistics, case studies, and graphs.
A leading text on ‘Macroeconomics’, this book follows a clear, balanced, and model-based approach that equips students with the tools to analyze economic policy - its strengths as well as its limitations—and to connect theory with real-world issues. Retaining the rigor and accessibility of the original text, it provides a strong foundation in intermediate macroeconomics and demonstrates how different models are linked to current economic debates.
This adapted edition aims to meet the need for a text that explains macroeconomics in both global and Indian contexts. It incorporates recent changes in India’s National Income Accounting, new methodologies of measurement, and the specific features of the Indian macroeconomic environment. With Indian data, examples, and policy discussions integrated into the original framework, the book enables B-School and university students to gain a deeper understanding of not only the U.S. and world economy but also the structure, challenges, and dynamics of India’s economy today.
Key Features:
• Balanced rigor and clarity through a ‘compassionate difficulty’ approach.
• Analytical skills with a strong model-based framework.
• Focus on Indian macroeconomy while covering global perspectives and international linkages.
• Theory connected to practice with updated data and real-world examples in both global and Indian context.
• Current and practical examples, using Indian company data, updated statistics, case studies, and graphs.