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Money Matters is a comprehensive guide to the basic principles of macroeconomics. It provides a nuanced yet in-depth understanding of the linkages between financial markets and the real economy. The book covers a wide range of topics integral to both the Indian and the global economies. Beginning with a basic theoretical discussion on macroeconomics, it...
Money Matters is a comprehensive guide to the basic principles of macroeconomics. It provides a nuanced yet in-depth understanding of the linkages between financial markets and the real economy. The book covers a wide range of topics integral to both the Indian and the global economies. Beginning with a basic theoretical discussion on macroeconomics, it eases the reader into the exploration of the more advanced concepts. Some of the important concepts discussed in the book are: - Fundamentals of Macroeconomics, money market, goods and services market. - Reserve Bank of India, money creation, supply and demand, interest rate determination, inflation and unemployment, etc. - International trade and foreign exchange. - Subprime mortgage crisis, global economic crisis and impact on India. v Written in a lucid and jargon-free manner, the text helps the reader understand the linkages between the theoretical aspects of financial markets and the actual economic developments across the globe. Table of Contents Preface Introduction Economic Context of Business Activity Market Forces What is Macroeconomics? Goods and Services Market Money Market Inflation and Value of Money Unemployment International Trade Foreign Exchange, Interest Rates, and GDP Aggregate Demand and Supply Subprime Mortgage Crisis Appendix A: Understanding Graphs and Equations Appendix B: Data Notes Glossary Index About the Author
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