Contents

Preface                                                                                                                                           (iii)

1.   National Output Concepts                                                                                                        1-26

2.   Classical Model of Employment                                                                                              27-62

3.   Keynesian Model of Employment                                                                                            63-74

4.   Determination of Income and Ouput                                                                                       75-90

5.   Liquidity Preference Theory of Interest                                                                                 91-116

6.   Consumption and Saving Function                                                                                     117-136

7.   Investment Multiplier                                                                                                         137-156

8.   Evaluation of Keynesian System                                                                                          157-168

9.   IS-LM Analysis                                                                                                                   169-184

10. Investment Function                                                                                                            185-202

11.  Accelerator Theory                                                                                                             203-212

12.  Unemployment and Inflatio                                                                                                 213-232