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This book is meant for Second Year b.Com.Students and faculty members of Mumbai University as per the Revised New Syllabus effective from 2009-10. This book can be used by S.Y.B.A./T.Y.B.A. students also for the Paper Macroeconomics. Table of Contents SECTION:1 Concepts in National Income Acoounting and Circular Flow of Income India's national Income: Changes in Trend and Composition Trade Cycles: Features, Phases and Theories Aggregate Demand and National Income Determination: Keynesian Model. Multiplier: Concepts, Leakages and Relevance Money Supply: Constituents, Determinants and Velocity Demand for Money Theories of Interest: Keynes Liquidity Preference Approach IS-LM Curve model Inflation: Types, Cusses, Effects and Control of Inflation Nature of Unemployment: India's Employment Policy and Globalization SECTION:II Nature and importance of Indian Agriculture Agricultural Productivity Recent Issues and Policies in Indian Agriculture Impact of WTO on Indian Agriculture Structural changes and Composition of Industry Since 1991 Small-sclae Industries: Role, Problems and Policies sine 2000 Disinvestment: Policies and Issues Special Economic Zones: Concept, Role and Impact Significance and Growth of Services Sector Sources of Growth Knowledge Economy: Concept, Importance and Knowledge Exports Inclusive Growth and Overview of Millennium Development Goals government Policy to Promote Human Development