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Macro Economics
Notes 5. Discuss the main objectives of a Macro Economic policy.
6. Discuss the instruments of a Macro Economic policy.
7. Explain the relevance of Macro Economics in current national scenario.
8. What is the use of Macro Economic data for the government?
9. Describe monetary and fiscal policy as government's Macro Economic policy instruments.
10. Write short notes on:
(a) Business Cycle
(b) Unemployment
Answers: Self Assessment
1. Say's Law 2. money
3. Walrus 4. Adam Smith
5. income 6. True
7. True 8. False
9. True 10. False
11. (d) 12. (b)
13. (a) 14. (c)
15. (d)
1.7 Further Readings
Books Dr. Atmanand, Managerial Economics, Excel Books, Delhi
Dr. D Mithani, Macro Economics, 3rd Edition, Himalaya Publication
Haynes, Mote and Paul, Managerial Economics - Analysis and Cases, Vakils.
Feffer and Simons Private Ltd., Bombay
Misra and Puri, Economic Environment of Business, 5th Edition, Himalaya
Publishing House
Online links http://economics.about.com/cs/studentresources/f/Macro Economics.htm
http://www.moneyinstructor.com/art/macrooverview.asp
http://www.trcb.com/finance/economics/importance-of-macro-economics-
5836.htm
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