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Unit 16: Money Supply: Definition of Money and Importance of Money 137
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Unit 17: Money Multiplier and Credit Creation by Commercial Banks 144
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Unit 18: IS : LM Analysis 161
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Unit 19: Equilibrium in Product and Money Market 173
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Unit 20: Effect of Monetary Policies Under Different Cases in IS-LM Framework 178
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Unit 21: Effect of Fiscal Policies Under Different Cases in IS-LM Framework 183
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Unit 22: Inflation 188
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Unit 23: Phillips Curve Analysis 202
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Unit 24: Trade Cycles: Meaning and Types 211
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Unit 25: The Super-Multiplier of the Multiplier Accelerator Interaction 222
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Unit 26: Kaldor’s Theory of Trade Cycle Contents 227
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Unit 27: Monetary Policy 234
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Unit 28: Mundell Model 249
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Unit 29: Swan Model 254
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Unit 30: Rational Expectations Hypothesis 260
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