The textbook offers an in-depth exploration of macroeconomic principles, presenting concepts clearly while critically comparing various economic schools of thought. It delves into the determinants of national income, pricing of goods and services, employment levels, and interest rates, providing insights into the dynamics of economic progress.
The book explores the relationship between bank credit and deposit in various economies, with a particular focus on Indian states. It analyzes how these financial components influence income growth and developmental levels, providing insights into credit allocation's role in economic progress. Through this examination, it highlights the interconnectedness of financial systems and regional development.
Deals with multidimensional aspects of macroeconomics through lucid presentation of concepts and critical comparison of different schools of thoughts