Business Economics (Macro)

This book throws light on topics as to how prosperity or depression occurs in the business activity. The famous Keynesian solution for curing depression and study of equilibrium at less than full employment is dealt with in detail. The factors that influence the national income like consumption and savings have been well explained. Government corrections measures such as Monetary and Fiscal policy has been detailed in simple language for students to grasp its meaning in full. This book contains the terms and concepts of macroeconomics. Various diagrams and flow-charts help to simplify the most complicated topics. The language used is simple and flows naturally. At the end of the chapter, for recapitulating, ‘Points to Remember’ section has been included. The students can glance at the complete chapter in just a few minutes. For students, to evaluate their understanding of the topic, ‘Questions’ are given at the end of each chapter.