Software Testing: A Practical Approach
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India is an open economy, and the dynamics of it can be witnessed from the inflation and deflation of the rupee value in the market. This comprehensive book on Indian Economy shows how it behaves, and how its parameters are weighed and analyzed vis-à-vis the macroeconomic theories. This book attempts to make a more complete and clearer presentation of the basic models of macroeconomics principles, and their effect on India’s current economic conditions.
International Monetary Fund (IMF) thrusted upon New Economic Policy in India, which aims at leaving the allocation of resources entirely to the market forces deriving its rationale from neoclassical macroeconomics. This neoclassical macroeconomics is dealt with in a proper perspective in the book. Part I presents the basic models of open economy macroeconomics, and Part II applies them to explain India’s recent macroeconomic performance.
The book also assesses India’s current fiscal policy, monetary policy and the policy of forcible land acquisition for promotion of modern industry.
The book is designed as a reference for the undergraduate and postgraduate students of Economics.
KEY FEATURES• Interspersed with solved numerical examples
• Chapters are contained with analytical problems with the hints provided for the most difficult ones
• Tables containing the data to support economic policies from the authentic sources.
• Highlights of the Economic Survey 2021-22 and Budget 2021-22 are available for use by readers. Visit our Learning Centre by clicking the link https://www.phindia.com/ghosh_indian_economy
CHANDANA GHOSH, Ph.D., is Assistant Professor at the Economic Research Unit, Indian Statistical Institute, Kolkata|
AMBAR GHOSH, Ph.D., is Professor in the Economics Department of Jadavpur University, Kolkata. Formerly, he was Professor and Head of the Economics Department in both Presidency College and Presidency University, Kolkata. Besides, he has taught in many other institutions such as University of Calcutta, Indian Institute of Management Calcutta, as guest faculty.
They have also jointly written books on Keynesian Macroeconomics beyond the IS-LM Model and An Introduction to Economics: Economic Theory and Society.
For other books written by them jointly for PHI Learning, visit the 'Books by the same Author' section.
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