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The objective of this book is to acquaint Management students with the macroeconomic framework that provides the general economic environment within which business decisions are taken. There is very little literature available on Macroeconomics which tries to take into account the special needs of Management students. There is, therefore, a definite need to fill this vacuum, and the present book is an attempt to do so. This is an induction level textbook and can be used by both BBA and MBA students for a foundation course in Macroeconomics. The ‘Glossary’, at the end of the book, is for immediate reference of students to help them understand various terms used in the text.about