MACROECONOMICS: THEORY AND APPLICATIONS

Sep 2025 · PHI Learning Pvt. Ltd.

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The book intends to lay bare the intricacies of the discipline in simple and systematic manner for readers pursuing undergraduate and postgraduate courses of various universities, and also those pursuing professional programs in management institutions. The objective is to develop masters of the discipline who understand the subject deeply. Even those who hail from streams different from economics would feel at home with the discipline without any external help. All concepts are demonstrated with real-world examples to make the readers feel at ease with them. Unlike many foreign authors who weave the discipline unsystematically with jargon of vocabulary, the book is systematic and terms in use are explained with illustrative examples. Also, unlike some other authors who believe in exploring the depths of the discipline to expose all the versions of a concept but leave the conclusions to the readers to draw, this book too does the exploring but ensures to conclude the true nature of the concept, leaving no room for confusion. Pedagogical features such as Illustrative explanations and testing exercises that make a reader master of the discipline give strength to the book.

The scientific formulation of the discipline from the ground level to its heights of contemporary applications makes the book valuable to the readers.

KEY FEATURES

• Over 25 Illustrative Tables

• Over 30 Solved Examples

• Over 100 Explanatory Figures

• Over 400 Exercises with Hints and Solutions

• Real-world Connection of Concepts

TARGET AUDIENCE

• B.Com/M.Com

• BBA/MBA

Gundua zaidi

Kuhusu mwandishi

S.P.S. CHAUHAN has taught honours undergraduate classes for over three decades in the University of Delhi, besides being associated for over two decades with the postgraduate teaching of M.Com as also of MIB (Master of International Business), a management program in Delhi School of Economics, University of Delhi, ever since its inception. He has had the privilege of delivering honorary lectures on 'Economic Aspects of Taxation' in the prestigious Indian Law Institute for three consecutive semesters. In addition, he also had the honour of teaching the discipline as a Visiting Professor in a number of management institutions including Lal Bahadur Shastri Institute of Management (New Delhi), ICFAI Business School (Gurugram), Fortune Institute of International Business (New Delhi) and New Delhi Institute of Management (New Delhi) over the last decade.

S.P.S. CHAUHAN has taught honours undergraduate classes for over three decades in the University of Delhi, besides being associated for over two decades with the postgraduate teaching of M.Com as also of MIB (Master of International Business), a management program in Delhi School of Economics, Un...

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