Page 135 - DECO402_Macro Economics

Macroeconomic Theory

Notes 14.6 Review Questions
1. Determine the Boumol’s Inventory Theoretical Approach.
2. Describe Tobin’s Input list Selection Model.
3. Proved the Superiority of Tobin’s Theory over Keynesian Theory.

Answers: Self Assessment
1. William Boumol 2. income and expenditures 3. (a) 4. (b)
5. (a) 6. (b) 7. True 8. True
9. False 10. True.

14.7 Further Readings

Books 1. Macroeconomics: Theory and Policy— H. L. Ahuja, S. Chand Publisher,
2010.
2. Macroeconomics— Mohan Srivastava, DND Publications, 2010.
3. Macroeconomics— S. K. Chakravarti, Himalaya Publishing House, 2010.
4. Macroeconomics: Economic Growth, fluctuations and policy— Robert
E Hall and David H. paipel, Vaina Books, 2010.

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