Intermediate Macroeconomics 1 (Semester 4, BA Prog)

“Master the Building Blocks of Modern Macroeconomic Analysis”

Designed specifically for BA Program 2nd Year (Semester 4), this textbook bridges theoretical foundations with policy applications in the Indian context:

Core Coverage:
✔ National Income Accounting: GDP measurement approaches with Indian data
✔ Keynesian Revolution: Consumption functions, multipliers, paradox of thrift
✔ IS-LM Framework: Graphical and algebraic derivation with RBI policy linkages
✔ Aggregate Demand Management: Fiscal policy case studies (COVID-19 stimulus)
✔ Open Economy Extensions: BoP adjustments (India’s 1991 crisis)

Distinctive Features:
📊 Data-Driven Learning: 50+ updated charts from RBI, NSO, and World Bank
🇮🇳 India-First Approach: Demonetization/GST impact analysis
🧠 Cognitive Tools:

• Color-coded equation derivations

• Policy debate boxes (e.g., “Inflation vs Growth Tradeoffs”)

• Myth vs Fact breakdowns of economic concepts