Contents

      Preface                                                                                                                                   (iii)

1.   Introduction                                                                                                                         1-12

2.   National Output Concepts                                                                                                 13-36

3.   Consumption Function                                                                                                       37-55

4.   Investment Function                                                                                                          55-70

5.   National Income Determination                                                                                        71-86

6.   Multiplier                                                                                                                         87-104

7.   National Income Determination in an Open Economy                                                 105-126

8.   Money: Definitions and Functions                                                                                 127-146

9.   Demand for Money and  Supply of Money                                                                   147-170

10. Quantity Theory of Money                                                                                           171-190

11. Creation of Deposit Money                                                                                           191-206

12. Monetary Policy                                                                                                            207-224

University Question Papers                                                                                                 225-232