{"id":131364,"date":"2026-01-08T16:49:27","date_gmt":"2026-01-08T11:19:27","guid":{"rendered":"https:\/\/mybookshop.co.in\/myshop\/product\/s-chand-principles-of-macroeconomics\/"},"modified":"2026-03-08T16:40:21","modified_gmt":"2026-03-08T11:10:21","slug":"s-chand-principles-of-macroeconomics","status":"publish","type":"product","link":"https:\/\/mybookshop.co.in\/myshop\/s-chand-principles-of-macroeconomics.html","title":{"rendered":"S.Chand Principles of Macroeconomics"},"content":{"rendered":"<ul>\n<li>Discusses Keynesian and monetarist explanations of causes of depression and the global financial crisis (2007-09)<\/li>\n<li>Includes post-Keynesian explanations of business cycles such as Samuelson&#8217;s interaction of multiplier and accelerator and Hick&#8217;s trade cycle theory<\/li>\n<li>Incorporates an exclusive module on economic growth discussing the Harrod-Domar and Neoclassical growth models<\/li>\n<li>Briefly captures and critically examines the debate on economic growth, poverty and redistribution between two eminent Indian economists, Amartya Sen and Jagdish Bhagwat<\/li>\n<\/ul>\n\n    <div class=\"xs_social_share_widget xs_share_url after_content \t\tmain_content  wslu-style-1 wslu-share-box-shaped wslu-fill-colored wslu-none wslu-share-horizontal wslu-theme-font-no wslu-main_content\">\n\n\t\t\n        <ul>\n\t\t\t        <\/ul>\n    <\/div> \n","protected":false},"excerpt":{"rendered":"<p>Designed for the undergraduate students of economics, commerce and management, this textbook thoroughly explains the principles of macroeconomics. It provides insights into the important macroeconomic issues, such as determination of output, employment, interest rates and inflation. This textbook discusses Classical and Keynesian theories of macroeconomics as well as aptly incorporates Post-Keynesian developments in various aspects of macroeconomics. Further it discusses, at appropriate places, the relevance and applicability of various macroeconomic theories for the developing countries. This textbook also explains and critically evaluates the post-Keynesian theories of consumption function namely, Kuznet&#8217;s consumption function, Modigliani&#8217;s life cycle hypothesis and much more.<\/p>\n","protected":false},"featured_media":131242,"comment_status":"open","ping_status":"closed","template":"","meta":[],"product_brand":[],"product_cat":[3939,3943,3995],"product_tag":[],"class_list":{"0":"post-131364","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-all-books","7":"product_cat-publishers-books","8":"product_cat-schand-books","9":"product_shipping_class-free-shipping","11":"first","12":"outofstock","13":"sale","14":"purchasable","15":"product-type-simple"},"_links":{"self":[{"href":"https:\/\/mybookshop.co.in\/myshop\/wp-json\/wp\/v2\/product\/131364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mybookshop.co.in\/myshop\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/mybookshop.co.in\/myshop\/wp-json\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/mybookshop.co.in\/myshop\/wp-json\/wp\/v2\/comments?post=131364"}],"version-history":[{"count":1,"href":"https:\/\/mybookshop.co.in\/myshop\/wp-json\/wp\/v2\/product\/131364\/revisions"}],"predecessor-version":[{"id":131370,"href":"https:\/\/mybookshop.co.in\/myshop\/wp-json\/wp\/v2\/product\/131364\/revisions\/131370"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybookshop.co.in\/myshop\/wp-json\/wp\/v2\/media\/131242"}],"wp:attachment":[{"href":"https:\/\/mybookshop.co.in\/myshop\/wp-json\/wp\/v2\/media?parent=131364"}],"wp:term":[{"taxonomy":"product_brand","embeddable":true,"href":"https:\/\/mybookshop.co.in\/myshop\/wp-json\/wp\/v2\/product_brand?post=131364"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/mybookshop.co.in\/myshop\/wp-json\/wp\/v2\/product_cat?post=131364"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/mybookshop.co.in\/myshop\/wp-json\/wp\/v2\/product_tag?post=131364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}