Higher Education


MACRO ECON: A South-Asian Perspective

Author(s): William A. McEachern | A. Indira

ISBN: 9789386858429

2nd Edition

Copyright: 2018

India Release: 2017


Binding: Paperback

Pages: 460

Trim Size: 279 x 216 mm

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4LTR Press, a Cengage Learning product, is a widely acclaimed concept of learning with a simple approach—creating an innovative teaching and learning solution built around today's learners and teachers. The idea behind bringing out this series of books is to introduce students and teachers in India to an innovative concept in management studies. Since the launch, 4LTR Press has helped more than 1,800,000 college students at over 2,000 schools succeed worldwide.


Macro ECON, a 4LTR Press product, takes into account and integrates the inputs from discipline-specific focus groups, conversations, and surveys; and presents the content in a visually-engaging page layout, keeping intact the high-quality content instructors need. It adopts a persuasive visual medium and offers a balanced approach, demonstrating how to use macroeconomics to make business decisions. The book aims at enjoyable reading and easy attention using comprehensive pedagogical features.

  • Systematic and methodical manner of coverage of topics
  • Visually appealing presentation
  • Case studies on the Indian economy and the world economy
  • Chapter review pages at the end of each chapter
  • Rich pedagogical features, such as
    • Page-side definitions of important terms
    • learning outcomes
    • chapter-end exercises

1. The Art and Science of Economic Analysis

2. Economic Tools and Economic Systems

3. Economic Decision Makers

4. Demand, Supply, and Markets

5. Introduction to Macroeconomics

6. Productivity and Growth

7. Tracking the Indian Economy

8. Unemployment and Inflation

9. Aggregate Expenditure

10. Aggregate Expenditure and Aggregate Demand

11. Aggregate Supply

12. Fiscal Policy

13. Budget and Public Policy

14. Money and the Financial System

15. Banking and the Money Supply

16. Monetary Theory and Policy

17. Macro Policy Debate: Active or Passive?

18. International Trade

19. International Finance

20. Developing and Transitional Economies



Dr. A. Indira        

Dr. A. Indira is a professor at Loyola Institute of Business Administration (LIBA), Chennai, in the dual areas of economics and management science. She teaches macroeconomics, managerial economics, operations research, and international economics. Dr. Indira is a member of the LIBA Journal Committee and a research coordinator at Prof. C. K. Prahalad Centre for Emerging India in LIBA. Her research interest is in development economics. Also, she has worked as a policy and action researcher in the areas of local self-governance (budget analysis) and technology diffusion. Dr. Indira is on the board of Centre for Budget and Policy Studies, Bangalore. She has designed and conducted executive management development programs while working at Administrative Staff College of India, Hyderabad, and Xavier Institute of Management, Bhubaneswar.