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The book has all these features: Clear and concise but comprehensive explanation and analysis of economic terms and concepts; Examples to show how these concepts are applied to real-world situations; Definitions of key terms where they first appear and a list at the end of each chapter; Exercises to provide active engagement with economic analysis; Exam tips to assist preparation for the exams; Summaries that can be used as a revision tool; Exam-style q uestions to test knowledge and understanding; Answers to the exam-style questions plus links to further questions.

The book is meant for all professional courses offering Macroeconomics. The subject has assumed growing importance in the past couple of years due to global recession and international crisis. This book covers all current topics, including the global economy and the financial system. All the theories, models, and hypotheses have been tested here in the light of facts and figures.